High Accuracy Forex Trend Trading Technique with Sidus Signal – You can trade the Forex Trend Trading Technique system on all currency pairs and timeframes from 15M up to monthly.
How to trade with the Forex BKMGC Trend Trading Technique… Wait for the BKMGC_2 indicator to print a green (for a long trigger) or red (for a short trigger) line.
Open BUY: if you got a long trigger on the BKMGC_2 indicator, you should look at the trend indicator to show the blue line cross above red line. And the blue line above the horizontal line (This means that the trend is up). And open SELL: if you got a short trigger on the BKMGC_2 indicator, you should look at the trend indicator to show the blue line cross below red line. And the blue line below the horizontal line (This means that the trend is down).
Enter the trade at the close of the first green/red bar (long trade/short trade) on the BKMGC_1 indicator.
This is important Rules of How to trade with the Forex BKMGC Trend Trading Technique…
- Long trigger (BUY Signal) on the BKMGC_2 indicator
- The blue line trend indicator cross above red line. And the blue line above 0 horizontal line
- BKMGC_1 candle indicator is green
- Sidus blue arrow with blue MA line above red MA line.
- Short trigger (SELL Signal) on the BKMGC_2 indicator
- The blue line trend indicator cross below red line. And the blue line below 0 horizontal line
- BKMGC_1 candle indicator is red
- Sidus magenta arrow with blue MA line below red MA line.
Be a Realistic Under and Control Trader
Unless you are amazingly lucky you can’t expect to close 80% of your trades profitably or turn a $500 trading capital into a $10,000 trading capital in six months. With those kind of expectations you’re simply setting yourself up for disappointment, frustration and failure. (unless you’re very, very lucky).
Try to look at things realistically right from the start. Determine an attainable percentage of winning trades considering your strategy and experience. Ask yourself how much time you can spend on trading and learning. When you have a clear view of your trading tools and conditions, you will find it much easier to work towards a profitable trading strategy.
Keep your emotions under control – This is perhaps the most important one. As previously said, trading on the forex is exciting, fun and dynamic, but it’s crucial not to get carried away because of this. Successful traders approach trading like a business, not a hobby.
You use your trading capital to make business decisions; some will make you money, others will cost money, it’s that simple. But as soon as you lose sight of your rationality I promise you that the losses will stack up pretty quickly.
I’m talking about those moments that you do move your stop loss, because you just can’t get yourself to take the hit. Or those moments that you decide to get in right now, even though your trading plan tells you to wait, because you’re so scared to miss the trade, or perhaps you’re just bored. Those moments that you’re so mad that you lost 10 trades in a row that you start trading with triple your normal risk, taking positions in currency pairs you normally never trade in.
Those are the moments you lose in 30 minutes what it took you three weeks to build up.