daily swing system fxblade
This system is a small part of (The Blade Forex Strategies), a collection of my favorite and most profitable trading systems along with an in depth view of money management and the main faults that 95% of traders make that cause them to loose consistently.
Ok lets get started, I will try to make this as short and simple as possible, nobody likes hundreds of pages of dribble. Let me start by saying I developed this system because I used to lead a very busy life, I travelled almost all the time which didn’t allow me to be in front of my computer to trade.
As you may or may not already know all indicators are lagging, they may help your trading decision but all they are doing is interpreting price action. I love price action, along with trend lines and support and resistance it is KING!
Not only have I traded the system I am about to show you for quite a while now I have also manually back tested years upon years of data. I originally tested it over 13 pairs and found that 2 of these pairs did not produce amazing results so I have cut them out and now only trade 11 pairs.
The reason I trade so many pairs is because the setup we are going to be looking at only happens on average 12 times a year per pair so once we start trading 9 pairs we get more than enough signals, in 2006 there was 113 trades.
Please don’t think that because you are not in the market all the time you are missing out on making money, it is in fact the opposite. We must not make shotgun trades, we must be like the silent hunter that waits in the bush until the perfect moment to sniper with one shot.
