Forex trading is not easy. If you are a newbie you will learn it sooner or later. However, forex trading is definitely NOT a rocket science. Experienced traders know that at the end of the day forex is a game of probabilities – in order to win in the long run you need to think “statistic”. It means that in order to be profitable you should not expect to be right all the time but only to ensure that the accumulating gains are greater than the loses. And that is quite simple as long as you have a good system and a sound money management. Senior traders also know, after years of experience and after trying every trading system out there, that simple systems are the best systems. It is not a secret that beginners just love complicated software with tens of indicators and signals. We also know that beginners lose money.
Having all of this in mind, the creators of 5EMAs Forex System develop a simple, easy-to-follow trading system. The 5EMAs Forex System uses 5 simple common indicators – the exponential moving average, MACD, RSI, stochastic and Williams’ % R. These indicators are very basic and from my experience they complete each other and provide a reliable picture of the market.
The 5EMAs Forex System also includes a market monitoring software (the 5EMAs Alert) that tells you whenever there is a potential entry point. I can tell that such system is a very important tool, especially for beginners, as many traders (even experienced traders) find it difficult to develop a sound, consistent entry strategy. Another advantage of the 5EMAs alert is that it forces you to trade with discipline. Many inexperienced traders tend to enter trades without a good reason because they feel that they “have to” (do you know this feeling?) Well, no more. Do yourself a favor and just stick to the signals provided by the system as well as the 5EMAs Forex System unique money management rules. In the long run you will become a profitable trader.
If you are not completely new to forex, you probably know that there are different kinds of traders – The scalpers, who closely watch the screen for hours trying to ‘scalp’ the market for small profit per trade; the position (long term) traders who try to catch the really big moves (2-3 per year); and the swing (momentum) traders who are after moves that occur a few times every week. The 5EMAs Forex system is a wonderful solution for all types of traders. Whether you are a scalper, making dozens of trades per day, or a swing trader, making between 1 to 10 trades per week, just choose the right setup – and you are ready to go. This is a great feature of the 5EMAS system, as most of the traders eventually combine scalping and swing trading depending on market conditions.
To summarize, the 5EMAs Forex System is a great tool that can save you a lot of frustration. Instead of trying for months to crack the forex code while risking your hard earned money, take a minute and think. Does this simple, easy-to-use system can make the difference for you? Well, if you are serious about make a living trading forex, I think it does.Recommend0 recommendationsPublished in