BEARFX

There are so many books about forex, most of them are telling about technical knowledge. This is a mistakes for a trader who deffinately rely on technical and fundamental strategy in forex.

1. Choose your Broker
For low risk trading, use demo account+micro(min 1pip=10cent,up to 1 pip=$10).
Practise using demo for min 6 months before u can start a real acc.
List Of Micro Account Broker :
1.http://www.fxcmmicrolot.com/ + low spread
2.http://www.alpari.co.uk/ + metatrader 4
3.http://www.fxsolutions.com/


2. Register for Practice/Demo Account

3. Start trading your plan (Find profitable Techniques)


My Profitable & Easy Techniques :-
1.Expert-2--News
2.Expert-3--Maximizer
3.Expert-6--Retracement

My all time Favourites pairs :
1. EUR/USD
2. GBP USD
3. USD/JPY

Morning Doji Star -> Bullish
A doji star in a downtrend followed by a long, white real body that closes well into the prior black real body. If the candlestick after the doji star is black and gapped lower, the bullishness of the doji is invalidated.

GBP/USD M15 10:46PM (KL.TIME)

Evening Doji Star -> Bearish

A bearish top reversal pattern and counterpart to the Morning Star. Three candlesticks compose the evening star, the first being long and white. The second forms a star, followed by the third, which has a black real body that moves sharply into the first white candlestick.

Teqhniques use during period :

1.Expert-3--Maximizer

2.Expert-6--Retracement
3.Expert-2--News

Gross Profit: $141.99 , Gross Loss: $21.25
Total Net Profit: $120.74

Total Trades: 35
Short Positions (won %): 21 (85.71%) , Long Positions (won %): 14 (50.00%)
Profit Trades (% of total): 25 (71.43%) , Loss trades (% of total): 10 (28.57%)

Largest profit trade: 113.00 loss trade : -5.51

Average profit trade: 5.68
loss trade: -2.13

Maximum consecutive wins ($): 8 (5.10)
consecutive losses ($): 3 (-3.92)
Maximal consecutive profit (count): 118.33 (5)
consecutive loss (count): -10.71 (2)
Average consecutive wins: 4 , Consecutive losses: 2