| Signal Guide |
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Long-Term Trading Trend and Intraday basis: The signals that we generate are for long-term trading and it is not uncommon for some of the signals to run for over a month or two or even more the reason for this is that for long term currency-trading success, is it better to be a long term trader, rather than a short-term trader. While traders can, and do make money with short-term methods of trading, the fact is, currencies trend longer term and these are the trends that yield the biggest profits. The reason for this is that: Currencies reflect the health of the economy.. These cycles of expansion and contraction, tend to last for many months or even years and a long term position trader has huge profit potential, if they can lock into and hold these longer term trends. The choice between long term, and short term trading is subjective, but generally the longer-term price trends tend to be easier to predict, and offer better risk / reward, so a long-term approach is the one to focus on.
We practice what we preach. And we have tried many different strategies and the long-term ones are the easiest ones to manage. With day trading you are having to Constantly watch the market and be aware of the smallest details and news releases and this can lead to you sitting in front of your PC for over 15 hours a day. We study the market and you trade on it...that really simple. We are GANN traders and we had lots of idea to look into different angle of signal. Our strategy eliminates all this stress, we first determine the trend of a currency and give you a signal which we call the GANN signal. Undoubtedly currencies will not head in the same direction all the time so our system also provides you with get-out signals and re-entry signals, this will take you out of the market when the currency turns and place you back in once the trend has resumed. Why is our system so easy? we always update our signal either swing or intraday by SKYPE and all you have to do is buy or sell the new signals or adjust positions you already have from the get-out or re-enter signals.
Follow the Trend, Limit Your Losses. How often have you heard either of the two following phrases in the past: "The Trend is Your Friend" or "Limit Your Losses, Let Your Profits Run".
These maxims are at the heart of Pipskiller trading philosophy. Every one of our signal systems is designed to have you enter the market in the direction of the major trend. Entry occurs after a series of specific price movements or activities tip the markets' hands as to the likely future direction they will take. Each signal system we sell is different and unique, however, in that it has a fundamentally different entry technique to ensure diversification across systems.
Once in the market, we allow price movement itself to tell us when a long-term reversal takes place and we try to exit the market favorably with a trailing stop. Every one of our signal systems also has a money management stop to limit losses and prevent a bad trade from turning into a catastrophic trade and a percent profit retention stop designed to avoid giving back all large open profits in spike markets.
How to read our signal: On signal page you're given important information that need to be decide for planning your trade. I will descibe as below: PAIR - Currency pair for trade. SIGNAL- This is status of the currency . If it's stated as buy or Sell means that you have to wait until the price trigger. You can place your order either buy stop/buy limit/sell stop or sell limit depends on the current price given. Status - If it display WAITING - you have to wait until it trigger, If it display In Progress-Our trade already in progress either on entry 1 or different entry level. If it display Completed- either we exit 1/2 postions or we completed our tradeor hit our protective level. If it display No signal- we stay side line waiting for the new signal Entry - Y s/editors/tinymce/jscripts/tiny_mce/themes/advanced/langs/en.js" type="text/javascript"> ou're given several entry, but make sure the additional entry ( entry2/3/4/5) are less then entry 1 on margin level. This is to protect your account in case we need to cut loss or once the reversal occur. In this case your entry 1 will cover the maximum lost or protect from your lost trade. Stop lost - All our trade should be sound mangement as SL need to be put together with our entry. Maximum SL slightly below reversal point. (Spread are not included in this sl, since it depends to your broker) Major TP - This major TP is for the medium/long term strategy but you are required to follow money management rule that I provide in bottom section of Signal page. Reversal - This is most important to understand and be alert on the price, since this is reversal price from your current trade. You can open the trade base on this reversal also but for initial sl at 170 pips until I update the page. If we exit the market early and the reversal price still within the range, the trade still valid. Once it hit our reversal, then the previous trade are no longer valid or in other words trend already change Support and Resistance page In this page we provide the additional tools for our clients as market bias base on S&R level. This S&R level are for medium and long term. This S&R level will not update regularly as this is not a normal S&R level, but you can use it as a normal support and resistance.
Disclaimer RISK WARNINGS
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