The "95% of all Forex traders fail" Lie!

I refer 95% lie to sentence: “95% of traders fail”. Although this are calculations made by brokers, based on their account history. I suppose those are accounts that were blown out by newbie traders.

Anyway I have to admit that it is true that 95% of account ends up empty within less then three months. But hose who were trading them … were they really traders? I think not, in my opinion they were gold diggers or just uninformed fools.

It happens often that after forex success story in newspaper or magazine, people without knowing anything about forex think: “Hey this is easy way to make money! If that guy in the newspaper made millions, I can make at least few thousands I am not stupid”. I don’t have to tell you how wrong this guy is. He takes loan, and starts trading, within 3 months he has got no money but a big loan to pay.

I believe this are the people who goes by 95% rule. But it doesn’t have to be that way. You can make money, but you have to understand it is not going to happen overnight. Probably not even within two years. But it is possible.

What it takes to become trader? In my opinion the only difference between successful and unsuccessful trader is … experience. All you need to do is trade and get some experience.

But there is something more important. As you may lack successes within this two years it is crucial to believe that you can really do it, that it is possible to achieve success. If you have problem with that then, do yourself a favor and buy Anthony Robbins “Awaken the giant within” great book on positive mindset.

-Less Trade but More Pips.

Do you want to trade real forex but you don’t have much time in front of your desktop ? Don’t worry ! we still have solutions to this problem. Normally I prefer to trade long period to short period except when I want to play game I will use scalping system.he..he..he..

Long trading will enable you to have more time to relax and to do other business, and the system that I will write down here is a very simple one, not extraordinary system, but according to some traders they can profit 2500 – 3500 pips per month using the strategy…..

By the way….have you ever got 2000 pips per month ? Oh… what a pity ……. Last year I ever got 3000 pips in one week…yes one week.…..he..he..he… eventhough I never learnt Forex at the University….

And the pairs you can trade using this system are : : GJ,GU,EU,AU,UJ,UChf,UCad,NU and EJ.

Remember traders, we only have 4-6 entry point for every pair a month with approx. 100-200 nice pips each.

We must patience to wait those entry points, so keep smiling…and don’t worry, you will make money. Iam sure about that !.

Here is the tool you need.

Metatrader4
EMA5 Red
EMA 15 yellow
EMA 50 White


MACD (5,13,1):
Fast EMA 5
Slow EMA 13
MACD SMA 1


Momentum value 10
QQE
TF : 4 hrs


Buy :
When the 5 Ema crossed 50 upward that is the first signal. Please check the MACD, the bar must be climbing up. after 15 crossed 50 the signal is 98% bullish.

Please open your buy there with TP1 80 pips and lock profit for 50 pips after TP touched and let the price go to TP2 180 pips.

Usually MACD, QQE and momentum are crossed up at the same time, and that is a signal to upload your weapon.

Patience traders as we are trading in 4h time frame. Noo need to Hurry.

MACD : Please draw a red line in zero line.

QQE, blue crossover upward means bullish and the time QQE crossover the MACD is going up and so is momentum. That means get ready to open long position and I suggest that you wait for 5EMA to cross 50 EMA for more safe. This Condition guarantee 100-250 pips bro.

That means Bullish when bar forms upper the blue line and bearish if it forms below the blue line.



In Forex Trading patience is the most important thing, we trade less doesn't mean less pips, but on the other hand less trade could be more pips.

Happy trading.

Scalping..

Many traders assumed that Scalping is not a good way of getting pips. I do never know what the reasons behind the statement. What I know is scalping can give me many profits... I repeat once more ; many pips in a very short time.

What we have to remember is a game...Have you ever played game ?: Nintendo or packman or anything ? What we need is only focus...focus...in a very short period of time but it's very amazing. It can be 2 minutes...3 minutes or five minutes per trading. Normally we can get only peanuts not a big fish ( 5 or 10 pips per trading ). But can you imagine if you can trade 20 times x 10 pips in an hour ? 200 pips right ? He...he..he..


And I myself assume that Scalping is a game....pips game..I get get a lot of pips while I was playing game..you don't believe me ? I will tell you later. Take no care what people say...a forex system or not.


Trading forex is not a science where you should know everything in sequence or where you can create a scientific formula. Forex is much related with mechanism...market mechanism, Where my President and your President play golf together, have coffee together and then...Boooom.....a currency skyrockets... He..he..he...

If you want to play game....let's start now and get ready:

-Prepare Forex Mini Account (only 0.5 dollar per pip) where you can perform
instant execution.

-Prepare 1 minute chart (not daily chart)
-Prepare Bolinger Band ( default setting)
-Prepare Zig Zag indicator ( already attached to Metatrader indicator)
-Prepare RSI ( 14 )
-Prepare your cigarettes......he..he..( Iam smoking now)



Look at the chart..sometimed you have to combine ZigZag indicator with RSI. If RSI > 50 means GO LONG and if RSI < 50 means GO SHORT.

I suggest you to use Mini account in fxegypt.com ( it can be one cent per pip) just to make you familiar with the 'system' before you go higher. And never use demo account, you will never be serious...Just let the ghost use demo account..not you...

Iam very sure that you will enjoy your game and at the same time you will make profits.

Happy trading.