Discover a Forex Robot that made 2,300% NET PROFIT in 2009 and download the Forex Auto Detector Software FREE that can increase the profitability of any forex robot by 53% and more. Try Pips Dominator that made $500,000 on average per year for the last 5 years RISK FREE for 60 days. First test a forex robot on your Forex Demo Accout and only then trade live. This is a very simple pivot point (PP) trading system based on three period pivot point moving average (PPMA) and the one period pivot point moving average which is much better than most of the moving average based systems as it uses pivot points (PPs) in calculating the moving averages.

A PP is calculated by adding the High (H), Low (L) and the Close (C) of a session with three. A three period PPMA is calculated by adding the pivot points in the last three periods. One period pivot point moving average is simply the pivot point of the preceding session.

A PP is a much better measure of the price action as it takes into account the range as well as the close of the proceeding sessions as compared to only the close of the proceeding sessions in case of the moving averages. This simple trading system can be used on the 5 minutes charts and above.

When the two MAs cross each other, this gives a trading signal that needs to be confirmed with a bullish or bearish candlestick pattern. This feature of using two MAs gives you an early warning system that helps you in telling you about the conditional price change. How do you determine the strength of the trend? A trend can be easily determined by drawing a simple trendline. Now when the slope of the two MAs are both pointing in the same direction as that of the trend, means that the trend is going strong.

Furthermore when the two MAs are equidistant from each other with a good degree of separation between the two, this indicates a steady trending condition. When the shorter term one period MA moves too far away from the longer term pivot point moving average this means an overbought condition in the market and when a crossover takes place, it means a conditional price change that needs to be confirmed with a candlestick pattern.

In trading timing is everything. It is not enough to know the direction of the trend rather you should also be able to anticipate when to enter the market. Many traders can correctly anticipate the direction of the trend but make a premature entry. They get stopped out due to the premature entry but feel frustrated to see the market launch in the predicted direction again.

This method of combing a pivot point analysis with a moving average approach will help you develop a mechanical and systematic approach to your trading. Now for a trading signal to develop, you need a conditional change in the price that is depicted by the crossover and a further confirmation from the market by closing above or below the MA.

In case of a bullish trend higher highs and the higher lows are verified by pivot point moving average. Similarly in case of a bearish trend, lower highs and lower lows are formed with each close below the open verified by the pivot point moving average.

Now, it all depends on you whether you are a day trader, swing trader of a position trader. This will tell you the best timeframe that you need to use in order to enter the trend. If you are a day trader simply calculate the range of the last few days and calculate the average range for the last few days. Suppose you calculate it to be 110 pips. With this simple pivot point trading system, you will be able to capture 60% of this range as a profit or in other words 66 pips.

Get this highly profitable Magic Breakout Forex Strategy by Tim Trush and Julie Lavrine FREE. Learn this powerful Fibonacci Retracement method FREE that pulls 500+ pips per trade. Discover Gary’s Forex Trend System! Trend trading is highly profitable. Trend trading is what can make you a fortune only if you can learn the art of identifying a trend at the right time and exiting it before the trend reverses itself. Here lies the problem, many traders can’t figure out how to identify a trend. Many also can’t figure out when the trend will come to an end.

If as a trader, you can’t figure out how to identify a trend and how to know in advance when a trend is about to come to an end, you should stay away from trend trading as the chances are that you will end up taking a huge loss in the market.

So, how do you identify when a trend is about to begin. You can use a number of chart patterns like the head and shoulder, double top, double bottom, ascending triangles, descending triangles and a host of other chart patterns that can help you identify when a new trend is about to start. Easier said than done!

Many traders can’t even identify these chart patterns on the chart what to talk of identifying when a trend is about to start. In the same way, these very same chart patterns can be used in knowing in advance when a trend is about to reverse itself. You can also use trend reversal candlestick patterns as well as trend continuation candlestick patterns in conjunction with these chart patterns.

But these things are easier said than done. Mastering these chart patterns as well as mastering candlesticks is not easy. Even many experienced traders have difficulty identifying these chart patterns. So, drop the idea of trading trends? No, not at all! What you need is a good trending indicator that has been programmed by the developer to identify when a trend start and when it is about to end.

Meet Gary. Gary has been a trader for around ten years. He has been trading forex for the last seven years. Just like any other forex trader, he bought every new forex course, he also tried every new trading system, blew up his trading account a number of times and couldn’t figure out how to make consistent money in the forex market.

Bu through hard word and long hours of trial and error, he has developed this Forex Trend Indicator. This is a very simple and easy to use trending indicator that will make you free of identifying when the trend starts and when it ends.

You can use this simple and easy to use manual trending indicator on your MT4 platform. It comprise three trigger lines that tell when the trend starts and when it ends. It tells you when to buy with a blue color and when to sell with a red color. Whatever, this is a very simple trending indicator that can give you more winners than losers without you ever bothering to study chart patterns or candlesticks.

It will give you an email alert or an audio alert when the new trend develops in the market. You can use this trending indicator on any timeframe above the 15 minutes chart. But it works best on the one hour chart. It gives very good results on the lucrative and the highly traded currency pair GBPUSD although you can trade any currency pair with it.

It is always a good idea to first practice on a demo account and develop a feel of how a system works under different market conditions. When you test it sufficiently, you can start trading live with it. You can try this Forex Trend Indicator on your demo account RISK FREE for 60 days!

Direct Market Access CFDs or DMA CFDs are amongst the most transparent forms of CFDs available. DMA CFDs have the benefit of enabling participation in the underlying market of the equity over which the Contract for difference is quoted. DMA CFDs are relatively new and have only become common in Australia during the last couple of years however, they continue to become popular as traders understand the transparency obtainable by this type of Contract for difference.

DMA CFDs have considerable advantages over the more usual over-the-counter (OTC) variety in that they permit the trader to take part in the opening and closing phases of the market. Having the ability to trade in these phases of the market offer significant advantages to traders as they can receive the opening or closing price of the day. Traditional over-the-counter CFDs don’t allow the trader to participate in these phases of the market thus preventing the trader from being able to receive among the best prices of the trading day. Regardless of the disadvantage of not having the ability to participate in the opening and closing phase of the market, over-the-counter CFDs do have the advantage of allowing the trader to buy or sell volumes that may not be obtainable in the underlying market during regular trading hours.

DMA CFDs have become popular amongst day traders and scalpers. The main reason for their popularity is because DMA CFD providers allow CFD trades to flow onto the underlying market in the share on which the CFD is based enabling active traders to make the most of relatively small price changes. Using DMA CFDs also permits day traders to get set at the opening price at the start of the day and clear their positions during the closing price during the closing match phase.

One of the drawbacks of DMA CFDs is that by and large DMA CFD companies don’t offer guaranteed stop loss orders. Guaranteed stop loss orders have the advantage of allowing the trader to control their downside risk. Slippage often occurs when using stop-loss orders, guaranteed stop-loss orders remove this risk completely.

It’s essential to be aware that prior to opening a CFD account you should bear in mind that when trading DMA CFDs you may required to deposit a larger initial margin amount than the over-the-counter (OTC) kind. As well as higher margins many DMA CFD companies won’t be able to offer you CFDs over indices and forex contracts due to these contracts being over-the-counter in their very nature.

There are relatively few platforms available offering DMA CFDs, probably the most common platforms in the Australian market is webiress. WebIRESS offers the speed and reliability day traders and scalpers need along with a selection of different order types such as trailing stop-loss orders. Another popular platform is ProDeal, ProDeal offers all of the benefits webIRESS offers with the added benefit of being able to trade over-the-counter CFDs through the same platform allowing traders to trade CFDs on indices and forex from their DMA CFD account.

It is important that before making the commitment to begin trading DMA CFDs you understand the risks connected with the product. Like all leveraged products trading CFDs can offer significant rewards however there can be risks involved that if not managed correctly can lead to losses larger than the trader’s initial deposit.

Before deciding on a DMA CFD provider you should make certain that you trial their demonstration platform and read their Product Disclosure Statement which outlines in detail the fees and charges, gives trading examples, and outlines the sorts of CFDs offered along with the risks and benefits of trading CFDs. You should make certain that the CFD provider you decide on can offer you the platform and products that suit your trading plan.