A trading system is a set of trading strategies for different phases of the market, or one strategy with a complex way to support transactions.
Trading strategy is a trader action plan.
The structure of the trading system:
1. The choice of a currency pair for work, or several currency pairs.
2. The choice of timeframe for trading, or several.
3. Trading time.
Swing Analysis according to G.W.T. are the best in predicting next swing direction. Price by its self will show us where need to go. Going from Daily trough H4 down to one-hour chart you can very easy see how clear and simple is to predict direction of the next swing and trend direction.
Also pay attention to Momentum – power behind price movements.
Are you tired and exhausted of finding a strategy that works, are you tired of predicting forex markets only to find out sometimes it works and sometimes it doesn't.
First of all, you have to see what are your beliefs and you need to verify if you have right beliefs. Many traders think that forex trading is not gambling and to make money from forex you...