Posts Tagged ‘Forex trading’

Double in a Day strategy swells Forex Account

Building on previous Double in a day success our trader went for the big kill. Although only 10% of his trading capital was risked using an established method of adding to positions on a NO risk basis a return of 115% was generated for the day. The account balance was doubled from $36 473 to $ 78 538.

For the previous trading day’s results please click here > http://forextradeoftheday.com/expert4x-trader-does-another-double-in-a-day-forex-trade/

This doubling of account balances at this level it can be problematic if noticed by brokers. Many traders therefore use multiple accounts at multiple brokers. This is a good risk spreading and capital management process any way.

Spotting Pivot points in the Forex market takes considerable skill and experience. With sound training in time of day Forex trading principles, by studying what causes turning points in the Forex market and using other methods traders can increase their accuracy considerably and increase Double in a Day confidence.

For more information on the Double in a Day forex strategy click here > Double in a Day 

For confidentiality and other reasons the above chart and account is a reconstruction of the traders forex trading account. Some of the links above are password protected – this will be removed in the next few weeks.

Please read our Forex disclaimer

What a way to start the year

Pivot Plus helps trader’s double in a day Forex trading strategy

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Doubling Forex Broker account is an exceptional feat. This is even more impressive when it happens in one day and in one transaction.  Please note that this does not happen every day and is not luck. It is as result of a trader combining a number of factors to achieve a favourable outcome. An adapted version of Pivot Plus combined with other Forex trading techniques helped this trader’s double in a day Forex trading strategy

Some of these factors are:

• Using recent fundamental and news information.
• Using time of day trading concepts – more info> TIME OF DAY
• Using risk management and lot sizing – more info> Risk/Money Management
• Using a risk free method of adding to your position
• Knowing when turning points are most likely to occur > Pivot Plus  or Turning Points

Other factors include

• Using the correct type of Forex Broker trading account. See Forex Broker accounts  (currently password protected)
• Using the most appropriate currency cross
• Knowing a lot about technical analysis including concepts such as dominant angles – more info> Long Candle Forex
• and a few more……

The above transaction was achieved risking less that 5% of available trading capital.

The Forex trading account was increased by 135%. One move was traded with 2 transactions. Although Pivot Plus helped this trader’s double in a day Forex trading strategy there is a lot more to achieving these restults

For confidentiality and other reasons the above chart and account is a reconstruction of the traders forex trading account. Some of the links above are password protected – this will be removed in the next few weeks.

Please read our Forex disclaimer

To view results of other trades made by this trader please click on the picture below>

 Free FX Trader Magazine

The January-March edition of FX Trader Magazine is online and available to Expert4x Forex clients.

To read the FX Trader Magazine click here and insert your email address in the log in box.

The iPad/iPhone edition will be available on the App Store in a few days. Discover our new iPad App here.

Advanced Forex trading strategies and Forex techniques

ADVANCED FOREX STRATEGIES FOR FREE

Are you an advanced and would like some free Forex strategies and Forex techniques?

Expert4x can show you a Free quality video course that teach you the following Forex strategies:

• ZigZag Breaker Strategy
• Wave Tracker Strategy
• T-Chaser Strategy
• Fibo Trap Strategy
• Zoom In Strategy

Please click on the link below to view these videos that will teach how to trade these forex techniques step by step.

ADVANCED FOREX STRATEGIES

http://www.gomarketsaus.com/free-forex-education/interactive-education/

(Choose Strategies from the dropdown menu)

This information regarding forex techniques and forex strategies is supplied by Expert4x to forex trade of the day.

Forex trading strategies and Forex techniques for beginners

BEGINNER FOREX STRATEGIES FOR FREE

Are you a beginner and would like some free Forex strategies and Forex techniques?

Expert4x can show you a Free quality video course that teach you the following Forex strategies:

• Trend Signal strategy
• Tunnel Strategy
• Fractal Strategy
• Fishing strip strategy

Please click on the link below to view these videos that will teach how to trade these forex techniques step by step.

BEGINNER FOREX STRATEGIES

http://www.gomarketsaus.com/free-forex-education/interactive-education/

(Choose Strategies from the dropdown menu)

This information regarding forex techniques and forex strategies is supplied by Expert4x to forex trade of the day.

This educational Blog will regularly be updated with an actual Forex trade of the day made using various Forex trading entry and exit techniques. It also provides articles and lessons about Forex trading which will hopefully  add to you developent as a Forex trader.

The Expert4x group have found that the best way of learning is to see live trades in action. The Forex trade of the day concept takes live trades made in the Forex market and turns them into educational and learning experiences.

In this blog we will cover many forex  trading techniques and trading concepts. The idea is to provide you the Forex trader with many Forex trading concepts and trading techniques to improve your perspective of Forex trading. Depending on your experience levels you may find that the information on this blog

1. compliments your existing knowledge and experience or

2. adds to your existing knowledge and experience or

3. may even conflict with you existing knowledge and experience

4. or that you can add more information to the subject presented

In all of the above cases I would appreciate hearing from you as the aim of this Forex Trade of the Day blog is to provide quality, free, forex trading educational information which maybe be useful to all Forex traders.

Please feel free to comment and add your own trades using the comments facility.

WELCOME AND ENJOY!!

Alex du Plooy