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Risk Disclosure Statement
The contents of this e-book are for informational purposes only. No part of this
publication is a solicitation or an offer to buy or sell any financial market.
Examples are provided for illustration purposes only and should not be
constructed as investment advice or strategy. All trade examples are
hypothetical. No representation is made that any account or trader will or likely
to achieve profits or loses similar to those discussed in this e-book. The
information found in this e-book is not intended for distribution to, or use by
any person or entity in any jurisdiction or country where such distribution or use
would be contrary to the law or regulation of which would subject us to any
registration requirement within such jurisdiction or country.
Thank you for choosing to download this special report revealing one
powerful forex trading system which I name it the Forex Pips Chaser .
I have been making a full time income trading Forex from home for about 3.5
years since I quitted my day job.
Not only has Forex trading enables me to live the dream life I always wanted
And also allow me to spend more quality time with my love ones too
No longer do I need to be in the office from 8am - 6pm ( or sometimes till 9pm
for OT ) anymore.
One of the best thing I enjoy is that I do not even have to wake up earlier than
10am now.
I have been sharing this lucrative Forex trading business with all my close friends
as well as relatives too.
Some of them are also making a nice additional stream of passive income by
trading the forex market with just 1-2 hours daily now.
Forex trading can be really profitable and help you rake in good profits (
$3000 - $5000 or more ) end of the month ONLY if you know how to trade
this super volatile market.
As a matter of fact, any financial tool that can help you make good profits CAN
ALSO make you lose quite a fair bit too.in a short time.
Double edge sword indeed!
Since you are searching online for either Singapore Forex Courses or Forex
Trading Courses In Singapore
Then I should be right to say that you sort of ALREADY know the advantage &
income potential of trading Forex too
Right ?
So here in this Singapore Forex Courses blog of mine.I will be sharing exactly
what you want to know.
I have noticed that there are quite a number of new forex courses popping out in
Singapore.
Also, from what I read on the many forex related forums online Many people
are seeking true reviews about the different forex courses available currently.
Basically..
They also want to know which are the ones that are both reliable and teach
proven forex trading methods that truly work and NOT just another hype-up
course everywhere.
I have even heard of very extreme complains about a particular forex course in
Singapore selling Hype-up claims and even refuse to compensate in anyway
although their students are not happy with the course at all.
All these actually made me decide to carry out an in- depth studies & reviews
about the different ones in Singapore.
I hope that by providing my updated reviews about the Forex trading courses in
Singapore
..Cut short the time & efforts while doing your own research both online &
offline.
But the most critical factor is that..the mentor must be good and the system
must proven to work !
Which are also the 2 most important factors I look into before
recommending any forex trading courses in Singapore to anyone.
I must admit that there are times when trading could be stressful but as long
as you have a good set of money management rules & proven trading
strategy
You can actually override and transform those stressful factors involved into
enjoyable and financially fulfilling moments for Yourself trading forex.
I truly understand how stressful it can be IF you dont know what youre
doing which applies to anything in this world especially with any trading
game
Thats because in a trading game, WE are trading using our own
money.REAL hard-earned money from our own pocket
Even if you have completed your forex trading course of your choice in
Singapore
Therefore, in order to help you cut short your learning process and to avoid
those unnecessary frustrations associated with trading
I will also be sharing forex trading strategies, proven tips and even some of
my real trades example with you in the days to come..
At times, I will include any helpful & quality forex resources which I think
could help you with your forex trading success too.
So do check out for my emails regularly to learn about the forex updates I
have for you.
And I would include very basic information about forex trading such as :
These people who actually requested for my E-Course which I took more
than 5 days to write..DO NOT even bother to read through and understand
the information that comes in the E-Course.
Instead
They just keep bombarding my inbox with their questions that should be
answered after reading through my E-Course.
( It only shows something end of the day.that is they just dont bother to
even read it Which defeats the purpose of me creating the E-Course end of
the day )
You may called it Short & Sweet & Direct To The Point Too.No B. S.
*smile*
Ok.
What if you or anyone is just a complete newbie and need to read up the
basic Forex Trading Stuff ?
Because I have also included a very informative forum for you to learn
EVERYTHING you need about Basic forex trading stuff.:-)
http://www.babypips.com
I am sure you would get almost ALL your questions about forex answered
in fact.
Alright for nowlets dive into the main method that you can use to nail 150
Pips, 300 Pips, 400 Pips or more shall we ?
With this method, the profits potential can be relatively good ( average of
150 - 800 pips per tradeProven ) Considering it only takes less
than 10 minutes to identify the set-up and then simply Set &
Forget It .
If you are using any forex robot to scalp the forex market for small
profits
Then this method would be a very good compliment for your scalping robot
as Forex Pips Chaser is not about scalping but rather Swing trading By
taking advantage of the Volatility of the forex market !
Just Like This :
You would have caught the massive movements and nail almost 700+
pips of profits for this trade upon exit.
These kinds of Pips are highly realistic using this strategy I must say.
Best of all.
You can even use this method on any currency pair/s you desire
However.for this report, I will be using mainly the USD/JPY for all
the examples & illustrations below.
But the fundamental and strategy stays the same And can be use on
other currency pairs.
You just have to adjust some of the parameters such as using a different
STOP-LOSS & Take Profits for different currency pairs as they have a
different daily range.
Some currency pairs are more volatile than the others As such they
have a different so called Daily Range Of Pips Movement
For this report, I will be solely using the USD/JPY to illustrate this Forex
Pips Chaser strategy
And the daily range of 100 120 Pips are only for this USD/JPY too.
So once you get more familiar and competent with this currency pair and
would like to use this strategy on a different pair..
You can then explore the individual Daily Pips Range simply by taking
into account the average Pips move from the start end of the trading
day ( 24 hours ) of the other currency pair you wish to trade.
Then from your conclusion, plan your Stop-Loss & Take Profits
accordingly.
Okfor now, lets focus solely on the USD/JPY for this report.
Read on as I show you how easy it is for you to set up everything from
scratch for maximum pips on your own platform!
For a start..
You need to have a meta4 trading platform.
If you dont already have, you can download it for Free here :
http://www.ibfx.com
Simply open up the chart of the currency pair you wish to trade using
this method.
Before we can determine the direction of the trend using this strategy
We need to plot 3 indicators on the chart as follow :
Howeverin order for this strategy to work, You cannot just anyhow
SELL at any price You like
Because doing that might not get you the maximum profits.
And when You loseYou might lose far too much too..
This is where you need to refer to the chart and the 3 lines plotted on it
for the clue
Like This:
When the Price is sticking near or out of the WHITE Line Such as
the set-up you see in the above illustration
You can then get ready to enter a SELL order ( since this is a down-
trend )
So how do you enter the SELL order , Stop-Loss & Take
Profits for best results ?
For the SELL entry , you should enter once a BEARISH CANDLE has
closed ( just like in the above picture )
This marks the resuming of the Down-Trend and the Retracement has
completed ( On most occasions)
So most of the high probability set ups are mostly based on the
characteristics of the market itself and we are capitalizing on them.
Like wise for this Retracement .it is just one of the high probability
set up for us to make our entry in order to achieve a good
Reward/Risks ratio for our trades.
And combine with a good money management rules & proven trading
strategy, we can realistically end up in PROFITS every single month..
For any trade you are taking in the future on your own
( Note: Provided that youre using a forex strategy with at least 60%
success rate )
Example :
For this currency pair (USDJPY), the Stop Loss I think would work
best is between 100 150 Pips.( since we are trading on a DAILY
timeframe)
Anything more than that rangeit is not putting the odds on our side.
I am sure you have also heard that only 5% of the traders actually make
profits end of the day
The other 95% would failed and burst their account and give up
thinking that this forex trading thingy is just too risky for them and cant
make money at all !
As suchthe turnovers are very high for this trading game so the market
characteristic also changes accordingly.
And these sentiment are inputs from living humans like you and me !
To my own testings, using a range of 100 150 Pips for Stop loss on
this USD/JPY work most of the time for me though.
In fact.I can confidently say that it works 60 70% of the time for me !
And it is really good enough for me to smile to the bank every month as
long as I am consistent with it.
Dont be afraid to test it, explore more , re-tune it using a DEMO account
until you are very confident with this strategy
You would never get to know whether does it truly works or-not right !
The rules still hold true.just have to reverse the lines position
accordingly.
Green
White
Blue
Againin order for this strategy to work, You cannot just anyhow BUY
at any price You like
Because doing that might not get you the maximum profits.
And when You loseYou might lose far too much too..
Again just like in the Down-Trend, we need to have a way to identify the
Retracement in order to get ready to enter position
This is where you need to refer to the chart and the 3 lines plotted on it
for the clue
Like This:
When the Price is sticking near or out of the WHITE Line Such as
the set-up you see in the above illustration
You can then get ready to enter a BUY order ( since this is a up -trend
)
This marks the resuming of the Up -Trend and the Retracement has
completed ( On most occasions)
So most of the high probabilities set ups are mostly based on the
characteristics of the market itself and we are capitalizing on them.
Like wise for this Retracement .it is just one of the high probability
set up for us to make our entry in order to achieve a good
Reward/Risks ratio for our trades.
And combine with a good money management rules & proven trading
strategy, we can realistically end up in PROFITS every single month..
For any trade you are taking in the future on your own
Example :
Hope you see the power of using a good Reward/Risks ratio from this
example.
For this currency pair, the Stop Loss I think would work best is
between 100 150 Pips.( since we are trading on a DAILY timeframe)
Anything more than that rangeit is not putting the odds on our side.
Alrightso much for the Forex Pips Chaser strategy for you.
I hope that after reading this report, you would by now understand how
to properly use this strategy to Chase & Nail hundred of Pips for
yourself upon seeing the ideal Set Up.
Always remember that although this strategy would not happen daily,
but once it comes, you can almost get ready to nail 150, 300, 400 or even
more Pips simply by spending less than 10 minutes of your time.
Not too bad IF you are confident enough to use this strategy on other 3
0r 4 currency pairs available
Make sure you DEMO trade and practice this Forex Pips Chaser
using virtual money first before trading on a live account.
Okso much for this strategy & I shall conclude here for now. ( Dont
want to make it too long windedelse you might fall asleep ! )
Do check your inbox regularly as in the next few days, I would be sending
you even more forex trading tips & strategies to cut short your learning
curve without needing to go through unnecessary frustrations..!
Till then..