MP FOREX ADVISORY

Posts Tagged ‘forex’

This Forex Trading System is a range trading system that is designed to capture a series of small but consistent gains during the afternoon trading hours when the market is tame and far more predictable. Most currency traders refrain from trading during the hours between 17:00 GMT and 23:00 GMT simply because the market tends to be very non-volatile and boring during these hours. However, what most traders fail to realize is that there is a tremendous opportunity in trading during this time period. In the midst of the apparent boredom of a sideways range trading pattern lies a predictability and a rhythm that should be the envy of any good speculator!  In essence, we are exchanging excitement and volatility for predictability, and predictability is far more valuable when it comes to trading.

The goal is not to be entertained by the market but rather to use it as a mechanism whereby we can generate consistent profits. Generally, the market produces consistent and predictable sine waves late in the US session and before the open of the Japanese market. We have discovered that applying this Forex system during this time period provides a literal gold mine of opportunity!

The purpose of this blog is to provide updates on a daily basis of the results of this trading system and to keep you informed of significant market events that may effect the trading.

Best wishes! -

MP Forex Advisory