The ICWR phenomenon
on Sep 28, 2008 in The ICWR trading system Regardless of how strong a long-term market trend is, the market never moves only in the direction of the long-term trend �?? there are always minor movements against the long- term market trend. These deviations usually don�??t last very long an...

Forex Cash Cow part 1
on Sep 28, 2008 in Forex Cash Cow system Over time I have read and tested many trading ideas for different markets. In the past I was naive enough to think that the more complex and the more time and effort I put into designing a trading strategy the better it will work and the more money I...

Why should you trade forex market ?
on Sep 23, 2008 in Why should you trade forex online ? Two completely opposite �??schools of thought�?? dominate today�??s public opinion when it comes to financial markets. One school of thought is advocated by academic types, mostly economics, finance and mathematics professors. They...

EXAMPLE number 1
on Jun 15, 2008The first step is to look at a daily bar chart to spot a +140 pip day. Every trading software/platform will provide you with the high and low for every day on a daily bar chart. In the following chart we can see that on day one the first condition of...

ICWR phenomenon example
on Jun 15, 2008forex trading system...

ICWR phenomenon example part 2
on Jun 15, 2008The upward movement retraced at the 0.618 Fibonacci level approximately at point E. As the price didn�??t move beyond the 0.750 Fibonacci level we remain in the market. Let�??s look what happens next.After point E the market moves again downwards...

EXAMPLE number 2
on Jun 15, 2008I chose this next example since it illustrates how the market can be tricky at times. Look at this next daily bar chart.The market made a sharp down move of about 120 pips. Then, as evidenced by the close of the day (remember, the small line on the r...

Forex Cash Cow part 2
on Jun 15, 2008The bigger the moves a currency pair makes the higher are the chances of success using this strategy. This is why I chose to use the GBP/USD pair; it has the largest short term moves of all currency pairs.Many market analysts/system designers/technic...

ICWR phenomenon example part 1
on Jun 15, 2008Here is an example of a GBP/USD trade exit by using our strategy.The purpose of the example below is to give you a glimpse into the exit part of the strategy. Suppose we entered the market short at point A buying 10,000 USD at the entry price of 1.90...