Guide to a profitable forex trading during upward-trend and fluctuating market.
STEP 1: You need an account with forex brober.
Register with the following broker for Real Account
Note: eToro offers up $500 Bonus for signing up!
- Join eToro & try demo trading for free to practice (trading for fun)
- Open Real trading & Start make Big moneyGet free bonus up to $500 for first deposit
- You can start Real Trading with $50 only
- You can use leverage 100, 200 and 400
- Big trading contest monthly ( $10,000 Cash Prize)
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STEP 2: Open eToro Account for free:
- Download eToro The Innovative Forex Platform – FREE
- Install eToro software to your computer
- Load software and create account with eToro
- You can create free “Trade for Fun” account to practice
- You can create “Trade for Real” account for live trading
How to trade with eToro:
- Click eToro icon to load eToro Trading Software
- Click at ‘Trade for Practice” to start and try Demo Trading for Practice, You must try demo first until you can trade with eToro and make profit
- Click at “Trade for Real” to start live trading with real money
- eToro will automatic close positions if loss 100% from your order
- If you use leverage 400, Your order will closed if loss around -25 pips
- If you use leverage 200, Your order will close if loss around -50 pips. This is like “Stop Loss” at Metatrader 4
Download and Install MetaTrader 4 by clicking on the following link :
>>> Register with Metatrader by submitting details and you will get a Demo account of Metatrader.
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STEP 3: Get down to business:
- Start trading after you can make profit with demo trading.
- You can start “trade for real” and start make real money in Real Trading & there is up to $500 Bonus for grab.
- Just Open Real trading account from your eToro software.
- Login to your eToro Real trading account to start real trading.
- Make deposit to your live trading account. Minimum deposit is $50 only.
- eToro Accept: Paypal, Credit card, Western Union & Wire transfer to deposit.
- Start trade for real and make real money.
- Collect profit as much as you can and win total prize $10.000 every month
Login to MetaTrader 4 with your Demo account ID to start analyzing trends.
Some advises, before you start:
- HERE ARE THE ACTIONS TO BE TAKEN: PRACTICE ON DEMO ACCOUNT FIRST FOR AT LEAST 2 DAYS
- OPEN BOTH eTORO TRADING SOFTWARE AND METATRADER
- USE METATRADER 4 FOR ANALYSING AND ETORO TRADING SOFTWARE FOR BUYING AND SELLING AS PER FOLLOWING INFORMATION.
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The MAIN EVENTS
FINALLY, now getting to the real deal:
A) IN THE UPWARD MOVING MARKET:
Create Your own Signal with MetaTrader
Click menu “Charts” than select ” Candlestick”
Click time frame M5 ( 5 minutes candlestick moving)
Select the chart which is showing upward trend as displayed in the figure on the left side. You will find one such chart many times.
WHAT TO LOOK OUT FOR:
- It’s time to buy as trend is upward.
- Sell when trend starts fluctuating.
Your profit in this case can be 100%+ or 200% or even more.
B) IN THE FLUCTUATING MARKET:
TIPS TO PLACE ORDER:
- If candle “White” than next candle at button : Its Time to Sell
- If chart showing candle “Blank” than next candle at top : Its Time to Buy
Place your order after candle move to new next candle (M5)
Remember!
- Close your order if get profit 5-10-20 pips
- You can improve with bigger profit if you sure
Sell if you are getting loss of 1 pip or 2%, What will happen is, if you lose 2% on 4 trades out of 10, the rest 6 trades will give you profit of at least 5% each to cover the losses and make good gains.
C) IN THE DOWNWARD MOVING MARKET :
Here is the video which explains best about this topic, follow it as I am following it successfully.
Have a profitable trading!