Looks like that website you are shilling for got deleted from your post and from your ET profile On that website it states that there are subscription fees to pay after 14 day trial.I guess you did not include cost of advertising in your business model. It is your word against the website fees.This speaks volumes about your integrity. I don't want to help you and put a link to your business,instead to your profile to make gentle readers aware Guy Scott Baker
I did my search way before you even replied to my earlier post.How do you think i find out your second name,linkedin does have that.Also i looked at when that website you are shilling for became operational and who owns it The moment i seen that you registered here on ET only day before and following day you were putting link to that website charging £25 for membership i knew what is up.You are looking for a fool to part with his money. "I am offering nothing here" Well,this is an integrity issue,because if you not being truthful in minor things,than your posted results on that website are just a decoy to sign up and pay and before the unaware member here realizes that,he already parted with his money. How do they call this in UK, dodgy,yes dodgy. I am done with this,will not reply again.If it helps someone to see it objectively i did my part.
I have a statistically-significantly higher win-rate (with otherwise equivalent trade management parameters) by trading 1-2-3 reversal formations formed by fast-moving constant-volume bars on Euro and Pound futures than I had when trading those formed on roughly equivalent time-charts of spot EUR/USD and GBP/USD. (These are by no means the main thing I trade, at all, but they're a convenient example, in this context, just because of their direct and easy comparability.)
Here is a list of things I found useful to know about in Trading Forex and Forex Binary Options. Enjoy :- Types Of Financial Markets and Their Roles A financial market is a broad term describing any marketplace where buyers and sellers participate in the trade of assets such as equities, bonds, currencies and derivatives. Financial markets are typically defined by having transparent pricing, basic regulations on trading, costs and fees, and market forces determining the prices of securities that trade. more information Binary Options A binary option or fixed price option is a financial instrument with two possible outcomes. more information Equity Market The market in which shares are issued and traded, either through exchanges or over-the-counter markets. Also known as the stock market, it is one of the most vital areas of a market economy because it gives companies access to capital and investors a slice of ownership in a company with the potential to realize gains based on its future performance. more information Forex Market The foreign exchange market (Forex or FX for short) is one of the most exciting, fast-paced markets around. Until recently, Forex trading in the currency market had been the domain of large financial institutions, corporations, central banks, hedge funds and extremely wealthy individuals. The emergence of the internet has changed all of this, and now it is possible for average investors to buy and sell currencies easily with the click of a mouse through online brokerage accounts. more information Index As it turns out, when most people talk about "the market," they are actually referring to an index. With the growing importance of the stock market in our society, the names of indexes such as the Dow Jones Industrial Average (DJIA), S&P 500 and Nasdaq composite have become part of our everyday vocabulary. more information Economic Calendar A calendar used by traders for the purpose of tracking the occurrence of market-moving events. Investors will research the date and time of a specific event and pay close attention to the announcement because of the high probability that it will affect the direction of the market. A good economic calendar for the Forex Market can be found at http://www.ForexFactory.com. more information Trading Signal A signal designed to help traders decide when to trade. more information Training Courses A simple Google search shows roughly 2 million results for "Forex trading courses." To narrow the search, focus on the courses that have solid reputations. more information Mentor An experienced professional who can help guide a trader through his trading education. At (Link removed because of Forum rules) we will support you through active mentoring, you may ask us questions about your studies and trading ideas and we will do our best to guide you. Broker A company which enables you to buy and sell financial instruments. more information Technical Analysis A method of analyzing price and other data to determine trading conditions and trade set ups. more information Technical Indicator Any class of metrics whose value is derived from generic price activity in a stock or asset. more information Fundamental Analysis Fundamental analysis is a method of evaluating a security in an attempt to measure its intrinsic value. more information Quantitative Analysis Quantitative analysis refers to economic, business or financial analysis that aims to understand or predict behavior or events through the use of mathematical measurements and calculations, statistical modeling and research. more information Expected Value The expected value (EV) is an anticipated value for a given investment. more information Standard Deviation Standard deviation is a measure of the dispersion of a set of data from its mean. more information Kelly Criterion A mathematical formula relating to the long-term growth of capital developed by John Larry Kelly Jr. more information Money Management Matters Put two rookie traders in front of the screen, provide them with your best high-probability set-up, and for good measure, have each one take the opposite side of the trade. More than likely, both will end up losing money. more information Maximum Drawdown A maximum drawdown (MDD) is the maximum loss from a peak to a trough of a portfolio, before a new peak is attained. more information It is very important to understand the likely maximum drawdown of any system you design, this is a good indication of risk. Return over Maximum Drawdown Return over Maximum Drawdown (RoMaD) is a risk-adjusted return metric. more information Risk of Ruin The probability of an individual losing sufficient trading or gambling money (known as capital base) to the point at which continuing on is no longer considered an option to recover losses. more information Gambler’s Ruin A common meaning is that a gambler with finite wealth, playing a fair game (that is, each bet has expected value zero to both sides) will eventually go broke against an opponent with infinite wealth. more information How To Develop Your Own Trading System Study everything you can about technical, fundamental and quantitative analysis, gain a sound understanding of basic probability theory apply this knowledge with some creativity and come up with a trading idea you think might work. Always employ sound money management methods in your trading plans. Back Testing It is very important to back test your potential trade setups with as much data as possible, upwards of 10,000 setups should be tested to determine if an edge is reliable. more information Historical Data Feed A Historical Data Feed provides historical price data for variety of financial instruments (e.g. Forex, Commodities and Indices). Most brokers provide historical price data also you can download historical data here Curve Fitting A common mistake in back testing is to keep adjusting the set-up parameters until they work with your given data set, our approach is to test a theory on say one year of data by adjusting the set-up parameters, but then they must be tested on many other data sets without further adjustment. Confirmation Bias A psychological phenomenon that explains why people tend to seek out information that confirms their existing opinions and overlook or ignore information that refutes their beliefs. more information It is almost impossible to avoid confirmation bias if you analyze a system by hand and alone, have an impartial colleague try to disprove your results or better still use a computer program to do the analysis, computers to not suffer from emotional attachment to an idea. Execution Discipline Having decided on your trade setups based upon your significant analysis it is then extremely important to trade exactly as you have tested, our recommendation is to use a computer program to do the execution of your trades, however if you intend to trade your system manually you will probably need to overcome some significant psychological hurdles, we recommend an excellent book called “Trading in the Zone” by Mark Douglas. Developing Automated Execution Software If you are a programmer, you can code your system for automated execution in your favourite programming language, for efficiency we recommend C, C# or C++. If you are not a programmer, then you have a lot more studying to do, or tell us your ideas and we will give you a quotation for the cost of developing and hosting your own automated trading system. Real Time Price Data feed Online brokerages often provide a real-time data feed that displays stock quotes and their respective real-time changes, with a very insignificant lag time, so that clients can base their investing decisions on the most up-to-date information. more information Forward Testing Having “proved” your system works with historical data, test it forward using a real money account with small stakes, 1000+ trade setups is a reasonable trial. more information Record and Tabulate Everything Create spreadsheets and charts to monitor your results, you need to have understanding of when your system is performing outside of expected results so that you can understand when to adjust or suspend your trading model.
How many times we are going test the strategy for our work, dont one think it is waste of time. But we do it because we have to do it, without it we can not trust the strategy for live work with big money.
Well to to become a very good non technical Forex trading you must find out good websites where you can gain a lot of good understanding about Forex trading in my view if you are a beginner in Forex trading you should look for baby pips.com. and apart from that there are other good sites as well that will help you to understand Technical Trading Correctly.
What I think rather than testing with different strategies in the Forex market it is always a good idea to follow the trend technically with good understanding about candlesticks and patterns and never avoiding good money management which is the key to become a successful trader is more than enough for anyone to meet there expectation in this business i personally Trade like that only and am happy .
Forex Trading is all dependent on the practice you do and the knowledge you gain and the experience you have while trading.
While in forex trading we learn with each new day and experience many new things that helps us to make better trading.