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The Forex Peace Army is widely known for free signals for news trading. A lot of people don't know that our members also have some very interesting technical trading strategies.
Mystikal has been showing us his Chart Pattern Projection System since last November. He describes it as
Basically a proprietary strategy that involves projecting prices from trading patterns, which is quite effective during breakout periods in the markets. It tells us to a very good extent, to which direction price is going and how far it might go.
Read all about Mystikal's system here.
https://www.forexpeacearmy.com/fore...rn-recognition-technique-breakout-system.html
About 2 weeks again, Williama showed up in the Forex Peace Army forums with his Universal Trading System that uses a method he claims "traps price" to guarantee profits. He describes it this way.
It has a set of pending orders above and below the current price when you set it up initially in a way that the initial price is sandwiched in the middle within a price range. The calculations are made in such a way that when the market triggers some pending orders and reaches a target at the top or at the bottom of the range, profit is ALWAYS made.
Read all about Williama's system here.
https://www.forexpeacearmy.com/fore...strategies/2397-williamas-trading-system.html
Last week, Genghis caught the FPA's attention by posting a very risky and very profitable strategy that took a $50K demo account to about $1.5 million in 45 days. Can this be real? Would it work on a live account?
Read about Genghis's system here.
https://www.forexpeacearmy.com/fore...tegies/2430-50k-1-5m-45-days-heres-proof.html
One the same day that Genghis showed up, Felix surprised us all by basing his June investment pick on technical indicators, specifically trading a strong currency against a weak currency. The FPA had been planning a currency strength calculator for some time, but Felix didn't tell us that he planned to use it. On Thursday, the Currency Strength Calculator was made available to our members and guests. Now we've got a discussion thread about how best to use it here.
https://www.forexpeacearmy.com/fore...strength-calculator-strategy-discussions.html
Just a reminder. The FPA has not rigorously tested any of these systems, even Felix's new one. If you want to try out one of these systems live, please trade with very small amounts of money until you have a good idea of how the system works. If you need more details on Risk Management, Pharaoh wrote a very long, but very good article about this subject here.
https://www.forexpeacearmy.com/fore...2272-how-manage-risk-while-forex-trading.html
.
Mystikal has been showing us his Chart Pattern Projection System since last November. He describes it as
Basically a proprietary strategy that involves projecting prices from trading patterns, which is quite effective during breakout periods in the markets. It tells us to a very good extent, to which direction price is going and how far it might go.
Read all about Mystikal's system here.
https://www.forexpeacearmy.com/fore...rn-recognition-technique-breakout-system.html
About 2 weeks again, Williama showed up in the Forex Peace Army forums with his Universal Trading System that uses a method he claims "traps price" to guarantee profits. He describes it this way.
It has a set of pending orders above and below the current price when you set it up initially in a way that the initial price is sandwiched in the middle within a price range. The calculations are made in such a way that when the market triggers some pending orders and reaches a target at the top or at the bottom of the range, profit is ALWAYS made.
Read all about Williama's system here.
https://www.forexpeacearmy.com/fore...strategies/2397-williamas-trading-system.html
Last week, Genghis caught the FPA's attention by posting a very risky and very profitable strategy that took a $50K demo account to about $1.5 million in 45 days. Can this be real? Would it work on a live account?
Read about Genghis's system here.
https://www.forexpeacearmy.com/fore...tegies/2430-50k-1-5m-45-days-heres-proof.html
One the same day that Genghis showed up, Felix surprised us all by basing his June investment pick on technical indicators, specifically trading a strong currency against a weak currency. The FPA had been planning a currency strength calculator for some time, but Felix didn't tell us that he planned to use it. On Thursday, the Currency Strength Calculator was made available to our members and guests. Now we've got a discussion thread about how best to use it here.
https://www.forexpeacearmy.com/fore...strength-calculator-strategy-discussions.html
Just a reminder. The FPA has not rigorously tested any of these systems, even Felix's new one. If you want to try out one of these systems live, please trade with very small amounts of money until you have a good idea of how the system works. If you need more details on Risk Management, Pharaoh wrote a very long, but very good article about this subject here.
https://www.forexpeacearmy.com/fore...2272-how-manage-risk-while-forex-trading.html
.
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