Forex Technical Analysis

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Forex Technical Analysis

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Title: Forex Technical Analysis


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Trading Forex Technical Analysis with Automated
Expert Advisor
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  • Observation through Forex technical analysis
    provides the trader a degree of expectancy but no
    guarantee that any particular analysis will be
    absolutely correct. Nevertheless, the greater the
    degree of expectancy, the better the trader is
    able to predict the market with better accuracy
    and the higher the chances of Forex trading
    success. However

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Trading Forex Technical Analysis is Too Time
Consuming
  • In order to trade these technical chart
    patterns from your own Forex technical analysis,
    you need to wait at the trading screen all day
    for the signal alert. Analyzing and preparing
    charts for trading do not take much time but
    waiting for the signal alert will take some time,
    and to most people seems forever.

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So what is this problem?
  • The problem lies in waiting for the RIGHT
    signal to appear. Most people become impatient
    and hence in a state of disillusion to trade at
    any slightest indication of a pre-signal.

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In my case, I needed some kind of tool that
could provide an objective verification (
emotion-free ) of the Forex signals and to
perform trade entry automation real quick when a
genuine signal is indeed generated. It get more
complicating when there are low and high winning
probability signals.
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Forex Technical Analysis Increasing Winning
Percentage with Trade Filters
  • Trade signals developed on different times of
    the day ( Asia, UK or US session ) deliver
    varying degree of signal quality to the trader.
    Our research shows that the probability of a
    false breakout for Eur/USD during Asia session is
    higher than in UK session.
  • Dont just take the above statement as a fact
    its just our opinion towards the market. As a
    result, we may introduce certain trade filter
    like RSI or ADX and take special instructions
    from there in order to consider whether to trade
    breakout during the Asian market session.

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We could also identify trading zones (RSI values
between30-70) in our RSI to determine if we will
like to accept the trade signals as a genuine
breakout signal. We can also incorporate mini
trading rules in our RSI to allow a buy signal to
become valid only if RSI value is above 50.
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Or allow a sell signal to become valid if RSI
value is below 50. These rules will certainly
sieve out the genuine signals from many trade
signals generated by your own trading system.
What if we could put each of these trading
processes into a workable plan and put it on full
automation?
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The result will be software executing your Forex
trading plan, executing and managing trades on
your behalf, and finally you can trade all the
technical chart analysis on automation even while
you are away on work.
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Emotion Free Trading with Forex Technical Analysis
  • Your emotions will not be involved throughout
    the trading process and the software provide
    objective verification and the filter you
    introduced will be put to work to ensure that
    only the high winning probability signals are
    taken into your Forex trades.

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If done right, trading Forex technical analysis
can capture more pips and improve trading
portfolio returns than any Forex gurus can ever
promise you. Forex technical analysis will now be
made easier with software.
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What if you just couldnt trade Forex
effectively with a day time job? I know how hard
it can be to trade Forex manually, but if you
want to really be successfully trading your own
unique manual system, you need to learn a single
method that works amazingly well.
13
Dont give up hope, its NOT impossible. Forex
Geometry System will expand your trading
capabilities to greater trading success! Learn
more by visiting the link on this page.
For more Information, please visit
http//www.ForexGeometry.com
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