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Sunday 19 September 2010

13 Extremely Powerful Forex Day Trading Strategies

Here are 13 Extremely Powerful Forex Day Trading Strategies that you must known. 


earning forex trading is not rocket science. Many people are making their daily living from trading the forex market. Trading forex is much easier than trading stocks. If you are still looking for ways to succeed at forex trading than you should read this article.
Suppose, you are new to forex trading but are interested in learning it so that you can build your retirement account. As a new forex trader, what you need to do is to practice a lot on your demo account. Many new trader, don't like to waste time on practicing. This mistake ultimately makes them experience margin calls a number of times.
The best way to learn forex trading is to watch how a pro trades. If you are new, first learn a few strategies and then master them on your demo account. Choose one or two strategies that are best suited to your personality and style. Practice it on your demo account. Triple your demo account twice in a row only then think of trading live.
Now, if you are looking for powerful day trading strategies that can make you many pips but does not require more than 30-60 minutes each day to implement, if, you are that person than go no more. Read this article that gives 13 extremely powerful day trading strategies that do not take more than 30-60 minutes each day. 

 1: This set and forget strategy works extremely well on 4 hour and daily charts and each time will make 50+ pips. 

2: This strategy works well early morning to early afternoon. If you are about to go to work, you can make 20-90 pips with this on 15,30 and 60 minutes charts. This strategy is best suited for the London Trading Session. 

3: This is for those who can spare an hour or two in the afternoon. This strategy has the potential to turn your $1,000 into $150,000 in just under 40 trading weeks or something like 10 months. Not bad, for just one hour of work daily.

4: This works very well for those who are on the go and want to make some easy money. It depends on a laser targeted non emotional trade set up. It can be highly rewarding too.

5: This strategy suits all lifestyle and can make you more than you can make in a week in just one day.

6: Suppose, you missed the trade setup for strategy #5, you can use it to reverse the situation. 

7: This trade setup appears once in a while, BUT when it does, you can straight away take your family to a holiday. 

8: This is another easy 30-60 minutes trade that can put 20+ pips per trade in your pocket. 

9: It complements strategy  

10: This powerful strategy can make 100+ pips per trade for you. 

11; This strategy can make 20-700 pips for you. 

 12: This is a beautiful set up. They happen quite a lot. stable time frames generally occur on 1Hr and 4HR time frames with 100+ pips on the cards per trade. Lower time frames such as 15 Min and 30 Minute can be used, but you’ll have to stay a alert more. When you see these you’ll know strategy away what the market sentiment is and help you become a better day trader. 

 13: The Awesome Trader. This strategy is so laser targeted and emotionless, pure mechanical trade set ups, set and forget and watch those dollars pour in like clock work, works great on 15 minute all the way up to monthly time frames. 20 to 700 pips can be made here. I guarantee you this strategy alone will pay for this course in the first month!  

The more you practice the more you are going to become confident using that strategy! These strategies are not difficult to master. If you want to learn more Click Here! it's help me more.

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