How To Trade Forex Successfully for Beginners – Find a consistent methodology. For example, some traders like to buy support and sell resistance. Others prefer buying or selling breakouts. Yet others like to trade using indicators such as MACD, NIHILIST, and MA Crossovers.
Once you choose a system or methodology, test it to see if it works on a consistent basis and provides you with an edge. If your system is reliable more than 50% of the time, you will have an edge, even if it’s a small one.
If you backtest your system and discover that had you traded every time you were given a signal and your profits were more than your losses, chances are very good that you have a winning strategy.
Test a few strategies and when you find one that delivers a consistently positive outcome, stay with it and test it with a variety of instruments and various time frames.
Holy Grail Nihilist Trading Methodology
Holy Grail Nihilist Trading System is a trend-momentum price action strategy based also on the Nihilist indicators. This template is complex but can be simplified, the full version requires use of much ram your computer.
- Best Time frame : 15 min or higher
- Currency pairs : any
- All NIHILIST Green or blue
- CCI green and above 50 level
- Momentum upward above 100 level
- Synergy APB Mod green color
- All NIHILIST Red color
- CCI green and downward below 50 level
- Momentum downward below 100 level
- Synergy APB Mod red color
Holy Grail Nihilist Trading is a goog trading system. Once you know what to expect from your system, have the patience to wait for the price to reach the levels that your system indicates for either the point of entry or exit.
If your system indicates an entry at a certain level but the market never reaches it, then move on to the next opportunity.
There will always be another trade. In other words, don’t chase the bus after it has left the terminal; wait for the next bus.