ForexTradingSchool
Education

(Step 1) How to trade my system

FX_IDC:USDJPY   U.S. Dollar / Japanese Yen
A follower sent me a message to learn how to trade this system. Thank you for your interest in my trading system. I have consolidated my trading system based on three different individuals. i.e. Candlestick patterns from Thomas N. Bulkowski, supply and demand forex factory thread and Richard Dennis and William Eckhardt turtle trading.

We will show you step by step slowly, how we created our own trading system and I believe everyone of you can create your own trading system in future. Every individual have their own risk appetite therefore you must find a trading system that suits your own personality.

I still do not have a name to my system, but my system is based on supply/demand, support/resistance concepts. You guys are welcome to name my system. Comment below if you are interested to name it.

We do trade base on other rules as well ( ichimoku , ATR, Bollinger Bands , Price Actions, candlestick patterns, turtle trading) . Most of our entry and exit point are based solely on candlestick patterns; i.e. Engulfing candlestick patterns. I have learnt my candlestick pattern from my teacher which i found on google http://thepatternsite.com/ You guys can check on the link to learn more. I do not know him... but was inspired by him.

Thomas N. Bulkowski is recognized by many as one of the world's leading authorities on chart patterns. He is a successful investor and trader with over thirty years of market experience.

I learnt my supply and demand from https://www.youtube.com/user/supplyandde...
However I did some modifications to it on my own.

I have learnt turtle trading from Richard Dennis and William Eckhardt

In future I think it would be good if I tag them separately. So help me name this system and I will tag it separately.

Remember that everything about trading is about discipline. Please exercise discipline or you will burst many of your trading accounts. I have been trading the past 5 years, busted 4 accounts with 4 different brokers. I am proud to say that I have not busted any accounts the past 2 years and I am slowly making profits.

Since its Chinese New Year and I have some time on hand. I have decided to come up with STEP 1.

Step by Step
1) Look at higher time frame. 1 week.
2) Identify the trend. (Within the last 2-5 years)
3) Follow the trend identified.
4) Identify Demand zone in this case (Sideways)

- Uptrend then buy at demand zone
- Downtrend then sell at supply zone
- Sideways then can choose to buy/sell at demand/ supply zone .

We will always enter at H4. Which we will teach in future, how do we select the H4.

It will be too much to digest if I teach everything at a go.


A follower messaged me. Hello, Work_Harder!Your trading system has a complete tutorial?
Hello, Work_Harder!Your trading system has a complete tutorial?
Shoutout to Litrader who is interested in my system.

Comments

Nice work! Thanks for sharing!
Reply
@Litrader, thanks :) Hope u enjoy.
Reply
@Litrader Hi, did out part one for you. Will do the other parts when i have the time :) Thank you for your interest in my system.
Reply
Litrader ForexTradingSchool
@ForexTradingSchool, Nice work! Thanks for sharing!
Reply
@Litrader, thanks hope u enjoy
Reply
GREAT... WANT TO LEARN ..AND USE IT ON XAUUSD:)
Reply
@sahinbey50, it will take some time to learn it. Please practice on demo before trying on real account. You can name this system too. I have not thought of a name for it yet.
Reply
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