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Learn Forex Trading (absolutely Free) by redsox11: 7:48pm On Oct 11, 2017
Disclaimer; This is not new idea and I didn't create anything here. I'm doing this to help others, I'm not looking for anything in return.

It's simple enough to understand, and can give anyone a strong forex background to build on. This will take you from a trader with no clue at all, to a trader with some clue.

Is this the Holy Grail ? If you are searching for Holy Grail on public trading forum or even anywhere, then I wish you sweet dreams smiley wink grin



There is no need to use more that 1 moving average, so we are going to have only one.

It doesn't mean to buy/sell blindly. It mean it aid you to make an idea of what could happen and where you are in market CIRCLE "there's different terminology, circle and all... it's not important, it's the idea behind it that is important".

So basically we'll use the HH, LH, LL, LH info we learnt earlier with just 1 MA line (If you don't understand HH, LH, LL, LH... Read up on it, it's not difficult idea to grasp at all).

Some extra info; we are not looking to trade MA lines, or MA cross, it's little bit more comprehensive.


HH - Higher High,
LH - Lower High,
LL - Lower Low,
LH - Lower high.


Ps: If you've got no idea what forex is and it's your first time. Start from here to learn the very basic; https://www.babypips.com/learn/forex

More Later....

4 Likes 2 Shares

Re: Learn Forex Trading (absolutely Free) by redsox11: 9:42pm On Oct 11, 2017
Some more info on Market structure ( HL, HH , LH and LL ). With some pictures to help with the explanation.

Note:
Page 1-2 : For newbies / new traders / fresher to learn about forex, market structure.
Page 2: Inside Bar pattern, Momentum breakout entry pattern.

Page 2: Exercise/ Self learning / Daily achievement of x3 20 pip take profit with no regards to any losses

Page 3: No more training, thread is now used as a journal where I post my rants and what not.

2 Likes 1 Share

Re: Learn Forex Trading (absolutely Free) by redsox11: 9:48pm On Oct 11, 2017
More on market structure...

2 Likes 1 Share

Re: Learn Forex Trading (absolutely Free) by redsox11: 9:57pm On Oct 11, 2017
HH - Higher High
HL - Higher Low

FOR... Up-trend (when the market/price is going UP )

====================

LH - Lower High
LL - Lower Low

For... Down-Trend (when the market/price is going DOWN )

===================



For CHANGE OF TREND... From UpTrend to DownTrend

HL- Higher Low must be broken.


For CHANGE OF TREND... From DownTrend to UpTrend

LH- Lower High must be broken.

8 Likes 2 Shares

Re: Learn Forex Trading (absolutely Free) by redsox11: 10:02pm On Oct 11, 2017
The template to use and how to load template. So your chart can look like mine.
Download the template below, save it to your desktop.


You will need MT4 platform, a software of sort for trading. Go to any forex company and download one.

To load your template. Click CHART --> TEMPLATE --> LOAD TEMPLATE --> Go to your desktop on double click the template you save on your desktop earlier.

5 Likes 2 Shares

Re: Learn Forex Trading (absolutely Free) by redsox11: 10:21pm On Oct 11, 2017
I'll continue another day. Questions and contributions are welcome.

6 Likes 3 Shares

Re: Learn Forex Trading (absolutely Free) by opsydudu(m): 1:39am On Oct 12, 2017
Great Job...you make it all look so simple. Ff
Re: Learn Forex Trading (absolutely Free) by joelreg(m): 7:04am On Oct 12, 2017
BRO RID ON GOD BLESS YOU FOR GIVING BACK TO THE WORLD


BTW anyone interested in Forex should take it as a business.
rule number get the process right forget about the profit.
rule number two follow rule number one to the end.

5 Likes 1 Share

Re: Learn Forex Trading (absolutely Free) by joelreg(m): 11:59am On Oct 12, 2017
YESpParticipant:
@redsox11
For creating this thread, i doff my hat for you sir.

following...

.

.
.

.
meanwhile,

.
.


Get $500 startup bonus from instaforex. No initial deposit needed.
Signup is easy (just 2 steps) and your account is credited instantly.
Click the link below to get started.

https://www.instaforex.com/forex_promo/no_deposit_bonus?x=BARMJ.

You can use the bonus funds to trade yourself or to copy deals of successful traders through the ForexCopy system.




You should have been honest enough to state conditions and terms.


FEAR GOD

how do they win in such a condition


The campaign applies to USD accounts opened from 10/06/2017, excluding MT5 accounts.


This agreement is an addition to the Public Offer. By accepting the terms of the Bonus Agreement, you accept the offer.


Principles of bonus program.

The InstaForex StartUp Bonus is a no deposit bonus. Every new Client of the Company has the right to get this bonus.
When opening an account, to which the InstaForex StartUp Bonus will be credited, the Client is required to specify the data that matches the one in his/her ID. It is prohibited to change personal data such as the full name once the Bonus is credited.
The InstaForex StartUp Bonus is not available for cent accounts.
The bonus funds are not available for withdrawal; however, profits gained from trading the bonus funds can be withdrawn if all requirements stated in this Agreement are met.
The Client agrees that the Company reserves the right to fix and/or reduce profits available for withdrawal in an amount equal to 10% of the InstaForex StartUp Bonus. Trading is suspended at the time of this restriction.
The Client agrees that in some cases the Company can ask him/her to replenish his/her account with real funds. At the same time, the Company credits an additional 30% bonus to this deposit.
The additional 30% bonus is regulated by the Welcome Bonus 30% Agreement.
The Client agrees that profits on accounts with the InstaForex StartUp Bonus are distributed proportionally between the real deposited funds and the bonus profits on the account. At the same time, a part of the profits proportional to the profits made from the bonus funds can be temporarily limited for withdrawal until a certain number of trades are made in accordance with the clause 11 of this Agreement.
After any withdrawal from the account, profits gained with the InstaForex StartUp Bonus are canceled in the amount equal to the withdrawal amount.
The InstaForex StartUp Bonus and fixed bonus profits cannot be invested in PAMM accounts, but can be used to copy trades in the ForexCopy system.
Fixed bonus profits can be withdrawn after a certain amount of BUY or SELL trades are completed. The total volume of the trades should equal to X*3 InstaForex lots, where X is the total volume of fixed bonus profits. Only the total and full amount of bonuses can be withdrawn, partial withdrawals are impossible. In order to withdraw bonus funds from a trading account, a trader should send a request to bonuses@instaforex.com. The amount of the bonus intended for withdrawal should be fully available on the trading account when a manager considers the withdrawal request. The Company reserves the right to decline the request for bonus withdrawal without explaining the reason.
The Client agrees to receive information about the company services on the contacts specified when registering the bonus account.
Risks.

The Company reserves the right to cancel the InstaForex StartUp Bonus and the profit made with it, without prior warning, so we strongly recommend not to use bonus funds in calculation of profit in your trading strategy. The Company is not responsible for any consequences of bonus cancellation, including Stop Out, because bonus is the ownership of the Company.*
The Client agrees that in case of decrease in the level of current funds (equity/funds ratio) on the account below the level of current bonus funds, i.е. when the point of current losses exceeds the client's real funds on the trading account, all funds from this moment will be calculated as bonus funds in full in case of no subsequent deposits on the account. In the event of deposit, funds on the account are being calculated and distributed between the bonus funds and the client's real funds in proportion to the amount of deposit and the value of the bonus funds at the time of the deposit.
The Company reserves the right to amend or modify the campaign terms without prior notice.
* This clause is aimed at preventing any fraudulent activity associated with the bonus system; however, its applying does not mean that all the accounts which were subject to the cancellation of previously received bonuses are found to have violated any of the rules due to the fact that in some cases it is impossible to unambiguously determine the fact of the rule’s violation. There is a 10% chance that an erroneous cancellation of the bonus within the struggle against unscrupulous usage of the bonus system would take place.
Re: Learn Forex Trading (absolutely Free) by Nobody: 9:33pm On Oct 12, 2017
joelreg:





You should have been honest enough to state conditions and terms.


FEAR GOD

how do they win in such a condition


The campaign applies to USD accounts opened from 10/06/2017, excluding MT5 accounts.


This agreement is an addition to the Public Offer. By accepting the terms of the Bonus Agreement, you accept the offer.


Principles of bonus program.

The InstaForex StartUp Bonus is a no deposit bonus. Every new Client of the Company has the right to get this bonus.
When opening an account, to which the InstaForex StartUp Bonus will be credited, the Client is required to specify the data that matches the one in his/her ID. It is prohibited to change personal data such as the full name once the Bonus is credited.
The InstaForex StartUp Bonus is not available for cent accounts.
The bonus funds are not available for withdrawal; however, profits gained from trading the bonus funds can be withdrawn if all requirements stated in this Agreement are met.
The Client agrees that the Company reserves the right to fix and/or reduce profits available for withdrawal in an amount equal to 10% of the InstaForex StartUp Bonus. Trading is suspended at the time of this restriction.
The Client agrees that in some cases the Company can ask him/her to replenish his/her account with real funds. At the same time, the Company credits an additional 30% bonus to this deposit.
The additional 30% bonus is regulated by the Welcome Bonus 30% Agreement.
The Client agrees that profits on accounts with the InstaForex StartUp Bonus are distributed proportionally between the real deposited funds and the bonus profits on the account. At the same time, a part of the profits proportional to the profits made from the bonus funds can be temporarily limited for withdrawal until a certain number of trades are made in accordance with the clause 11 of this Agreement.
After any withdrawal from the account, profits gained with the InstaForex StartUp Bonus are canceled in the amount equal to the withdrawal amount.
The InstaForex StartUp Bonus and fixed bonus profits cannot be invested in PAMM accounts, but can be used to copy trades in the ForexCopy system.
Fixed bonus profits can be withdrawn after a certain amount of BUY or SELL trades are completed. The total volume of the trades should equal to X*3 InstaForex lots, where X is the total volume of fixed bonus profits. Only the total and full amount of bonuses can be withdrawn, partial withdrawals are impossible. In order to withdraw bonus funds from a trading account, a trader should send a request to bonuses@instaforex.com. The amount of the bonus intended for withdrawal should be fully available on the trading account when a manager considers the withdrawal request. The Company reserves the right to decline the request for bonus withdrawal without explaining the reason.
The Client agrees to receive information about the company services on the contacts specified when registering the bonus account.
Risks.

The Company reserves the right to cancel the InstaForex StartUp Bonus and the profit made with it, without prior warning, so we strongly recommend not to use bonus funds in calculation of profit in your trading strategy. The Company is not responsible for any consequences of bonus cancellation, including Stop Out, because bonus is the ownership of the Company.*
The Client agrees that in case of decrease in the level of current funds (equity/funds ratio) on the account below the level of current bonus funds, i.е. when the point of current losses exceeds the client's real funds on the trading account, all funds from this moment will be calculated as bonus funds in full in case of no subsequent deposits on the account. In the event of deposit, funds on the account are being calculated and distributed between the bonus funds and the client's real funds in proportion to the amount of deposit and the value of the bonus funds at the time of the deposit.
The Company reserves the right to amend or modify the campaign terms without prior notice.
* This clause is aimed at preventing any fraudulent activity associated with the bonus system; however, its applying does not mean that all the accounts which were subject to the cancellation of previously received bonuses are found to have violated any of the rules due to the fact that in some cases it is impossible to unambiguously determine the fact of the rule’s violation. There is a 10% chance that an erroneous cancellation of the bonus within the struggle against unscrupulous usage of the bonus system would take place.




dont mind the guy








hiden lies
Re: Learn Forex Trading (absolutely Free) by redsox11: 11:35am On Oct 13, 2017
Market structure...

2 Likes

Re: Learn Forex Trading (absolutely Free) by redsox11: 11:41am On Oct 13, 2017
You should read some more about it online if you still don't understand.

3 Likes

Re: Learn Forex Trading (absolutely Free) by redsox11: 11:47am On Oct 13, 2017
That's all about Market Structure for now. Later we'll combine it with 1 MA Line to trade with.

2 Likes

Re: Learn Forex Trading (absolutely Free) by Optimisticgondy(m): 11:55am On Oct 13, 2017
redsox11:
That's all about Market Structure for now. Later we'll combine it with 1 MA Line to trade with.
Thanks Sir..clearly understood now

2 Likes

Re: Learn Forex Trading (absolutely Free) by redsox11: 10:51pm On Oct 13, 2017
Optimisticgondy:
Thanks Sir..clearly understood now
Good one man, you can always ask if something is not clear smiley

2 Likes

Re: Learn Forex Trading (absolutely Free) by redsox11: 10:54pm On Oct 13, 2017
This is very important, the most important to help increase your success. You need to look for minimum of 3 consecutive bars going the same direction with continuous trend on the bigger picture (WEEKLY as bigger picture. That's where you're looking at for the overall direction of the market).

When you get very good at it, you can go as low as 4hours(for bigger picture) but now stick to weekly candle, 3 bars minimum.

Don’t forget this is to teach especially new people. Stable and reliable way to look and enter the market, it’s not some 15mins system for get rich quick.

You should look to trade this on 4hrs timeframe. This way you could trade and still have a life outside of trading and not stuck on your Laptop / PC all the time.

Ps: If you're using weekly as your big picture, then you zoom in to 4hours to pull the trigger.

2 Likes

Re: Learn Forex Trading (absolutely Free) by redsox11: 9:54am On Oct 14, 2017
3 or more candles on the weekly chart going in the same direction.
Another chart again.

3 Likes

Re: Learn Forex Trading (absolutely Free) by gmaribel(m): 2:42pm On Oct 14, 2017
The BOSS finally spills the beans.....all Newbies to forex you better take note of the Priceless information given.

Marketers KEEP OFF angry !

2 Likes

Re: Learn Forex Trading (absolutely Free) by redsox11: 3:40pm On Oct 15, 2017
SMA30

After seeing 3 or more consecutive bars on bigger picture ( weekly chart)… You then check your 4hours chart for possible trade entry.

I’ll show you what to look for on 4hrs chart before you enter the market.

By combining our knowledge of MARKET STRUCTURE so far with SMA Line.



FOR SELL ENTRY

1) You need to see price break deep through the MA Line.

2) As 1 occurs, see that the price also break through the last HL(higher Low)

3) Price come back up and bounce off MA Line before falling down again.

3 Likes 1 Share

Re: Learn Forex Trading (absolutely Free) by redsox11: 3:44pm On Oct 15, 2017
After seeing 3 or more consecutive bars on bigger picture ( weekly chart)… You then check your 4hours chart for possible trade entry.

MARKET STRUCTURE + SMA Line.


FOR Buy ENTRY

1) You need to see price break deep through the MA Line.

2) As 1 occurs, see that the price also break through the last LH(Lower high)

3) Price come back down and bounce off MA Line before rising again.

2 Likes

Re: Learn Forex Trading (absolutely Free) by redsox11: 4:03pm On Oct 15, 2017
Mini Recap;

1, We worked on market structure ( Higher Low HL, , High high HH, Lower High LH, Lower Low LL ) , To determine Up Trend or Down Trend

2, Combining market structure with the MA Line


Ps: With market structure, you should have a clue where the market is going. Check daily, move down to 4hours, you should see structure to determine/anticipate where the market is heading. If not, check another pair/currency.


Pps : One of the charts below shows entry and where to put stop loss, SL.

3 Likes 1 Share

Re: Learn Forex Trading (absolutely Free) by redsox11: 4:07pm On Oct 15, 2017
I'll continue with filter later.

5 Likes

Re: Learn Forex Trading (absolutely Free) by nennin(m): 7:54am On Oct 16, 2017
redsox11:
After seeing 3 or more consecutive bars on bigger picture ( weekly chart)… You then check your 4hours chart for possible trade entry.

MARKET STRUCTURE + SMA Line.


FOR Buy ENTRY

1) You need to see price break deep through the MA Line.

2) As 1 occurs, see that the price also break through the last LH(Lower high)

3) Price come back down and bounce off MA Line before rising again.

God will bless u sir, for ur time u r using in teaching us how to fish, i don't know that forex trading can be so easy to understand. higher higher u will go in this business in jesus name amen.

3 Likes 1 Share

Re: Learn Forex Trading (absolutely Free) by bigbasho: 4:10pm On Oct 18, 2017
Good job Bro
Re: Learn Forex Trading (absolutely Free) by obatine: 6:27pm On Oct 18, 2017
redsox11:
I'll continue with filter later.

Nice Share Redsox11...your system seemed more like reversal strategy,Right?

Keep up the good work....
Re: Learn Forex Trading (absolutely Free) by redsox11: 4:37pm On Oct 19, 2017
Some individual price pattern, name and explanation. For new people.


Ps: I can't get the PDF attached here, it's showing "nairaland error message " I'll try to attach it again later.

Ps: As I can't attached it, I hosted it, so download it from there...

https://www.pdf-archive.com/2017/10/19/5-pricepatterns-2008/
https://www.pdf-archive.com/2017/10/19/candlepatterns/

2 Likes

Re: Learn Forex Trading (absolutely Free) by Optimisticgondy(m): 5:09pm On Oct 19, 2017
redsox11:
I'll continue with filter later.
Please, I'm still looking forward to this
Re: Learn Forex Trading (absolutely Free) by redsox11: 5:16pm On Oct 19, 2017
More entries examples.... i - You need to see price break/pierce deep through the MA Line.

ii - FOR SELL - As i occurs, see that the price also break through the last HL(Higher Low)
ii - FOR BUY - As i occurs, see that the price also break through the last LH(Lower High)

III - Price come back and bounce off MA Line.

2 Likes

Re: Learn Forex Trading (absolutely Free) by karlboss: 5:43pm On Oct 19, 2017
Following
Re: Learn Forex Trading (absolutely Free) by redsox11: 5:45pm On Oct 19, 2017
FILTER FILTER FILTER.

This will help you to avoid bad trades. Before you enter at all, look at this and use it to guide yourself. See that the market have been trending and moving in a good manner previously.

2 Likes 1 Share

Re: Learn Forex Trading (absolutely Free) by redsox11: 5:57pm On Oct 19, 2017
FILTER FILTER FILTER

When and what to trade and what to stay away from.

So say I'm looking for BUY entry, I want to see the market coming down for a while strongly and respecting the MA line.

- Say I'm looking for SELL entry, I want to see the market going up for a while strongly and respecting the MA line.

2 Likes

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