Forex Invasion System for your Forex Trading
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| Contact Seller: | nimbrung, Member since 01/19/2009 |
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Forex Invasion system is designed to take advantage of the nature of the forex market itself. we know that price moves in trends (up/down/side ways) and it also moves in waves (top/bottom support/resistance).
We are not going to blindly follow the current trend. We are going to use indicators and special technical analysis techniques and methods to predict the future move or the future trend, then and only then, we are going to follow that trend. For this job, we are going to use the RSI indicator.
Next,we are going to take our trades (buy/sell orders) at the best time/place possible, according to the waves of price. In other words, we are going to sell high and buy low to get maximum profits. and for this job, we are going to use the bollinger bands indicator.
At the same time, we are going to cut our loses short and let our profits run. Meaning, our stoploss levels will be as close as possible to the entry level.
The system is based on a technical analysis method called trading the divergence/convergence. And its very important before we go on with system rules to make sure that you understand it.
Divergence happens when the market is making a higher high (up trend) and the indicator is making a lower low (down trend).
Convergence occurs when the market is making a lower low (down trend) while the indicator is making a higher high (up trend).
Both the Divergence and Convergence indicates that the current trend is running out of steam and its time for a trend-reversal.
Tags: trade, forex trade
We are not going to blindly follow the current trend. We are going to use indicators and special technical analysis techniques and methods to predict the future move or the future trend, then and only then, we are going to follow that trend. For this job, we are going to use the RSI indicator.
Next,we are going to take our trades (buy/sell orders) at the best time/place possible, according to the waves of price. In other words, we are going to sell high and buy low to get maximum profits. and for this job, we are going to use the bollinger bands indicator.
At the same time, we are going to cut our loses short and let our profits run. Meaning, our stoploss levels will be as close as possible to the entry level.
The system is based on a technical analysis method called trading the divergence/convergence. And its very important before we go on with system rules to make sure that you understand it.
Divergence happens when the market is making a higher high (up trend) and the indicator is making a lower low (down trend).
Convergence occurs when the market is making a lower low (down trend) while the indicator is making a higher high (up trend).
Both the Divergence and Convergence indicates that the current trend is running out of steam and its time for a trend-reversal.
Tags: trade, forex trade
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