The War2

2|Page
HOW TO WIN THE WAR CALLED FOREX TRADING?
(A Forex Report for Forex Newbies and Intermediate Traders)
Disclaimer: This material is for academic learning purpose it’s not a

request for you to invest. Please know that Forex trading carries a high
risk and there is the potential that you may lost some of your invested
fund or all when you don’t follow trading rules. Please beware before you
expose your money to trading. Trade the systems on demo account first
before you can introduce them on your live account. Thanks
How to Win the War Called Forex Trading – Without losing your Shirt
3|Page
CONTENTS
Introduction 4
What is Forex Trading? 4
Why Forex Trading? 5
Can Forex Trading Make me Rich? 5
Mind set to Trade with 6
What then is Leverage? 6
Why do Traders Loose Money in Forex Trading? 8
The War Zone Called Forex Trading 9
Kill or be Killed – The War Mentality 10
Gather Intelligence 12
Formulate a Combat Strategy 13
Forex Warfare Standpoint 13
The Power of 10 Pips 16
Our Battle Strategies
- System 1 22
- System 2 32
- System 3 36
Forex Resources 44
4|Page
Introduction
Many are carried away by the euphoria always peddled online that Forex
trading brings the highest and quickest profits in comparison to other
markets such as Stock and metal.
But I see Forex trading in a different light. I see Forex trading as a

dangerous war zone that has killed and handicapped many financially.
But many are still victorious in this market. What then is their secrets?
Its been said that 95% of traders makes loses in the Forex market and
only 5% make profit continuously.
My aim in this publication is not to discourage you or any person from

trading in the Forex Market but to awaken the consciousness that they
can make it in the Forex market but they must know that self-defense
and self-preservation is the best strategy to stay in this game.
I see Forex as a game and in every game there is a winning and loosing
parts to the game but your greatest objective is to have greater winning
than loosing.
What is Forex trading?
The foreign exchange market is a global decentralized or over-the-

counter market for the trading of currencies. This market determines
foreign exchange rates for every currency. It includes all aspects of
buying, selling and exchanging currencies at current or determined
prices.
One unique aspect of this international market is that there is no central
marketplace for foreign exchange. Rather, currency trading is conducted
electronically over-the-counter (OTC), which means that all transactions
occur via computer networks between traders around the world, rather
than on one centralized exchange.
5|Page
The market is open 24 hours a day, five and a half days a week, and
currencies are traded worldwide in the major financial centers of
London, New York, Tokyo, Zurich, Frankfurt, Hong Kong, Singapore, Paris
and Sydney—across almost every time zone. This means that when the
trading day in the U.S. ends, the forex market begins anew in Tokyo and
Hong Kong. As such, the forex market can be extremely active any time
of the day, with price quotes changing constantly. (Source: investopedia)
Why Forex trading?
In summary people engage in Forex trading for the huge profit potential
in forex trading with little capital outlay.
Another reason is because it is affordable and cheap to trade meaning

that you can sit in your room and register and fund an account online and
trade in the comfort of your room. You don’t need to travel to any
trading floor.
(For more on why trade forex visit:

https://www.babypips.com/learn/forex/advantages-of-forex)
Can Forex Trading make me Rich?
Forex Trading is NOT a Get-Rich-Quick Scheme. Forex trading is a

SKILL that takes TIME to learn. Skilled traders can and do make money
in this field. ... The truth is that even expert traders with years of
experience still encounter periodic losses.
The problem is that many traders come with the misguided hope of
making a gazillion bucks, but in reality, they lack the discipline required
for really learning the art of trading.
If you take the above very serious and you could learn more about Forex
trading then i can boldly say you can get rich in trading Forex and be
even richer than you can imagine because the Forex market is very liquid
and there is more to go round.
6|Page
Mind set to trade with
Forex trading has a large potential to make any one very rich within a
very short period it has high return potential to any experienced trader.
As the return can be said to be high so also is the attendant risk.
You must be aware of the risk and be willing to accept them in order to
invest in the forex exchange market.
Brokers always give the warning that you must not trade with money you
cannot afford to loss and that you may loss all your capital in the process
of trading. This is just for you to accept the fact that nevertheless you
are still agreeing to trade in the forex market despite the attendant
risk.
Always have the mind that there are two possibilities when you place a
trade – gain or loss.
But the greatest thing I love about Forex trading is that there are
strategies to reduce our loss in this business and this is what we refer to
as Money management.
I am sorry to say this that many of us traders are very poor at money
management hence the spate of losses in this market.
Another great deception in this market is the concept of Leverage.
What then is leverage?
Leverage involves borrowing a certain amount of the money needed to

invest in something. In the case of forex, money is usually borrowed from
a broker. Forex trading does offer high leverage in the sense that for
an initial margin requirement, a trader can build up—and control—a huge
amount of money.
Leverage allows you to trade in the Forex market with little amount
taking advantage of Brokers funds.
7|Page
Leverage can be very subtle in the sense that most Broker give you the
opportunity to high leverage with just little personal fund but the risk
element in the market remain same. Taking this confidence many novice
trader takes higher risk with little margin and when the market moves
against them they can’t continue because their margin would have been
wiped away leaving them with nothing to go back to trade another time.
So beware of over leveraging your account ‘cut your coat according to

your cloth not your size'.
Over leveraging will place you in the defeated traders position always.
I tell new traders doing demo trading to learn trading with the amount
they desired to fund their account with. There is no sense in knowing
that you have only $1000 to trade and you demo trade with $100,000 so
when you fund your account you hardly can trade profitably because you
are used to trading big fake fund.
Also with $100 in your funded account I will advice you don’t go beyond
.01 - .03 lot that is nano lot size and with $1000 you don’t exceed .05 - .1
lot. This is common sense that keeps you long in the market.
Another deception in this market is the Brokers Bonus. Many Brokers will
always advertise Deposit Bonuses such as 10-100 percent of Deposit
Bonus but underlying this Bonuses are conditions that will cripple your
account when trades goes against you.
The deception of forex bonus is that it gives you a false confidence that
you have much funds in your trading account and that you take more risk
thereby exposing you to market risk.
Whenever the market goes against you and your equity is depleting the
broker will always remove their fund from your balance and then what
you have may not be able to carry the risk through. The Brokers will
8|Page
never allow their fund to be at risk, your money goes first whenever the
market goes against you.
But if you have your fund in your account without any deposit bonus you
will be more careful never to over leverage your trade because you know
that your account will never survive over leveraging of your account.
(More on leverage
https://www.investopedia.com/articles/forex/07/forex_leverage.asp)
Why do traders loose money in Forex Trading?
The most common mistakes that propel losses in this war front are:
 Trading too many markets at the same time

 Over leveraging their trading
 Over exposure to the market
 Picking exits at random
 Holding a loosing trade for so long
 Moving protective stop loss further away thus increasing their loss
 Lack of proper trading skills
 Trading with too many rules and indicators
 Unrealistic trading expectations
9|Page
The war-zone called forex
Note: I believe you have known the basic forex trading terminologies and
principles which are available everywhere online.
If you are new to Forex trading, you can learn these basics and principles
from any of the following sites:
- Babypips.com
- Forex military school (https://bit.ly/fxcollege1)
Let’s go on please.
There are only two kinds of traders i. Winners and ii. Losers
We stated earlier that 95% of traders are loosers in the forex trading
and only 5% are profitable consistently and for a long time.
Many traders even including myself were once losers in this market and
we lost our early trading capital in the first 3 months or less.
I had many looses because of over confidence, greed and gain mentality
but I have learnt how to handle these now hence the reason for this
publication.
Overview of Forex trading as a battle ground …battle ground means

WAR!
Trading in the Forex market is intense and is a zero sum game.
To me its like going to a war and in this war front there are two
possibilities- Kill or Be Killed
There are no friends in this warfare so you must know what it will take to
stay alive and come back with your life intact.
This game or war called forex requires you to garner trading plans and
strategies to take this market.
10 | P a g e
Every day you open your computer to trade you must be conscious that
you are going for a war and you must make up your mind to come back
victorious no matter the course of events in the war.
The market is full of participants that are very intimidating they include
– the big boys who are market leaders because they have large capital
base to trade while you also have the Brokers that will take your money
when you loss. Somebody is always ready to take money from you in this
market.
In the page on strategy I will be giving you a system I have seen so
workable in every market situation. I have over 200 trading system in my
computer but I have narrowed my strategy to only 1 because forex
trading system is not what takes this market. Just one system that is
properly utilize will make you a winner in this market. Stop running about
looking for systems. Learn how to take this market and you will be glad
you did.
Kill or Be Killed - The war mentality
For you to be said to have won in this market it means you have taken
money from somebody else. Let’s assume you funded your account with
$1,000.00 and within some months it grew to $10,000.00 – the $9,000.00
is the evidence of your winning has collected money from others.
I remember some of my winning in this market after a long time of
losses. I deposited $427.5 into my trading account and within 2 months
plus my account grew into $18,162.31 somebody will say wao! (If you wish
to see that trade result I can make it available to you. Just send an email
to fxtutorng@gmail.com)
This was when I realized that the Forex market is a war zone and I
developed strategy to take the market headlong.
You will have to struggle for pips on the market against the smartest
professionals and banks.
11 | P a g e
Every time you place a trade in this market somebody is placing a

contrary trade to yours, if you placed a trade to sell somebody elsewhere
has placed a trade to buy but the market must always go on one direction
if the market favors the other party and moves into the buy zone you will
be loosing money while the other party gains. That is why it is said in the
forex market that the trend is your friend until it bends.
Forex is a trend business and you must always be on the same trend with
the market to be able to say you WIN.
So since forex is a battle field how then should you handle your arsenal
for winning?
You will need knowledge and discipline to succeed. There is no sense in
trading without either of these things. I’ll tell you why…
 Knowledge is the key to winning pips;
 Discipline is the key to protect those pips.
What is a successful trader? He/she has ability to:
 Conquer pips;
 Defend pips;
 Do it over and again.
If you can do this, you’ll be a tough trader, you know.

A seasonal trader gave me an understanding that Forex is a battle field
but I no longer see him online for some time now, he gave the following
advice about our battle plan:
1. gather market intelligence
2. Formulate a combat strategy
3. Get ready for battle
4. Execute, Don’t think…React
5. Win or Walk away
12 | P a g e
Let’s see how the above goes in the battlefield.

Gather Intelligence
Our opponent is the forex market – you must know what is happening in
the market at any moment. Know the strength, the weakness and the
recurrent behaviour of the market. To do this you must:
a. Select markets (Pairs) with enough price movement daily or
volatility to profit from; in the system we’ll deal with in this
publication we go for GBPJPY, EURJPY and USDJPY because these
pairs are very volatile and they can make more than 200pips most
days.
b. Determine the existing market conditions. You must determine
whether the market currently is in an uptrend, downtrend, or
sideways trend. Most trading systems in the market takes
advantage of these trends to have winning trade.
When the market is maintaining a higher high and higher low we say
its an uptrend and this gives opportunity to buy and when the
market is maintaining a Lower high and lower low we say the market
is in a downtrend movement. But when we have sideways movement
we say the market is ranging.
We thus have three trend in forex – uptrend, downtrend and
ranging.
In this system I put forward in this publication we don’t know each
day where the market will go to but we prepare ahead to take the
market on any of the two directions it wishes to go, we can be said
to have set trap for the market and waiting for it to just walk into
our trap.
c. We must always know what the forex calendar is saying per day.
Know when the various economic news will be released for the day.
It is a common sense that when high impact news will be released
you don’t let it catch you in the market because such news can spell
disaster for your trade because of high spikes that are not
13 | P a g e
consistent and may go for hundreds of pips. Such news include the
USD non farm payroll, FMC Statements, Inflation data etc. Beware
of High impact News.
To get daily news schedule visit: http://forexfactory.com
Formulate a Combat Strategy
As a trader you must always be aware that with each trade you are
standing against the opinions and beliefs of others and they could
be right and you wrong. Therefore, we must prepare for battle.
You must have a trading plan.
Many trading systems have:
- Trade set up
- Strategies of entering
- Strategy for exiting
- Strategy of money management
You must always put the above into focus as you are about to take any
trade even if you are trading Naked ie without the use of indicators,
there are trade set ups to consider and also the strategy to enter to buy
or sell and also how do you want to exit the trade.
Forex Warfare Stand Point
Your stand point in taking any trade should be based on:
1. Capital Preservation
2. Capital Acquisition
3. Capital Appreciation
1. Capital Preservation: You must know how to protect your capital at

all cost so you can continue to be relevant and able to trade another
day. If you over expose your capital the probability of having funds
to continue may be truncated except you add new fund to your
account.
14 | P a g e
Don’t take risky low probabilistic trades because you are already trading
the highest risky market in the world – Forex.
If the enemy doesn’t come to your territory you don’t need to fight let
your primary goal of trading be stay alive in the game for a longer time.
Always take conservative, repetitable trades and take profits, that is
why i stated earlier that you should avoid trading during high impact
news time because its like adding risk to an already risky venture.
2. Capital Acquisition: you must always desire to add to your capital by
taking little profits here and there. You can’t get all the pips in the
market but you must bank little profits. If you become too greedy and
wants to take all the pips you may end up getting nothing at the end of
the day. I see Forex like a petty thief who pilfed little by little because
when you over saddle your bag you may be caught by the owner of the
ware. This business is all about a little here and a little there until it
becomes a whole.
We trade to make money not to pride ourselves in the fact that we are
traders. A 10-20 pips in a trade is good enough than waiting for 100pips
and above in a trade that may never come. Many of us are all scalpers in
the Forex market.
We must also learn to harvest pips as the trades go in our favor and in a
powerful trending market using the tool of trailing stop loss. Our system
in this article uses this pips harvesting strategy a lot.
Although we did not deal extensively on Trailing stop loss in this report I
encourage you to make more research on this theme and your trading will
be more success.
Adding some pips to your equity should be the upper thing in your heart
as you enter any trade.
15 | P a g e
2. Capital Appreciation: as stated above we should add some pips in

every trade and if the market favors you harvest the pips to the
end.
16 | P a g e
The Power of 10pips in a Trade

The greatest survival and continuation strategy that I have advised
any would be or any trader to practice is taking just 10pips in any
trade. You may be frowning at this advise thinking that 10pips is
very small but any system that is workable must be able to give you
ten pips if all conditions are in place.
Many traders are looking for systems that will promise them 100
pips in a trade, well I am not disputing this but the possibility is
always very slim in the Forex market taking into consideration the
limiting factors working against traders in this market. When you
are busy waiting for 100 pips I would have gotten maybe 10 trades
that have given me 10 pips each and accumulate to 100 pips and you
are still waiting for 100 pips in a trade and you may risk loosing such
trade.
My take is that 10 pips in a trade can make you very wealthy in the
long run.
What we are looking for is a system that can be repetitive in the
long run thus making us consistent profits in money.
Someone may say that is more like scalping the market – yes I have
come to realise that many of us traders thrift on being scalpers
because we take advantage of little movement in the market to
garner little profits.
Note each forex pair and trading system have their different
challenges day by day but we aim at consistency.
Many successful traders trained themselves to take only 10 pips in
the market daily. All they do is increase their lot size as their
profits grows. I know it will take discipline to go for 10 pips a day in
the market but you are in the market to make consistent profits
and not to risk your money to looking for 100 pips which may never
come.
17 | P a g e
Most often if you see that a particular trade can afford you more than
10 pips all you need to do is move your trade to break even above your 10
pips position that is if you understand how to use your stop loss
technique very well.
I will be giving you 3 trading strategies in this report that can give you
between 10 – 30 pips daily but for consistency and quick profiting stay
with the 10 pips plan. You can either make it 10 pips per day or 10 pips
per trade. The decision is all yours but 10 pips daily will afford You the
opportunity to do some other things than only trading.
I have seen lots of traders that takes just 10 pips daily and they are in
profits and are making great profits daily. What they do is just to put in
place proper money management.
See below what 10 pips can result into in a year starting with just $500
at the end of a year the trader may have as much as $107,000 plus in
this example we assumed you started from 1st April to March of the next
year. The secret is taking 10 pips and increasing the lots as your profits
progress.
18 | P a g e
19 | P a g e
20 | P a g e
21 | P a g e
22 | P a g e
Our Battle Strategy (Trading Systems)

System Number One: Forex No Indicator System (NFXI)
For every winning battle of life strategic formation is the key to winning
them. We have a system which I very much like so much and it trended in
2008 and it is still very relevant in the market today as it was then in
2008.
I recently sat down to take a critical look at the system and I saw it is
the bomb in Forex trading.
Many of us are tired of using Forex indicators and we are looking out for
a system that take into cognizance happenings in the market.
Every profitable forex trading system must have set up, strategy of
entering the market and strategy of exiting the trade. This is what
makes up a good trading system. Our system here does not encourage us
to carry our trading position till the next trading day because every
trade closes at some minute to the close of the forex market day and
then start afresh for a new day.
Its been discovered that carrying trade to a new day exposes your trade
to some danger of loss because every trading day has it own level of
challenges and the charges are also there because the market will
certainly charge you swap.
23 | P a g e
Ready for War

We will be taking trades on buy zone and sell zone. We are not chasing
the market but we are waiting for the market to visit our territory and
then we take the market squarely and profitably. If we see the market
retreat from our zones we take a little loss so we can trade another
time.
Every day the market must take one of the directions – either uptrend or
down trend even when the market is ranging we still have some little
uptrends and downtrends only they are often very small movements.
Having know that the market must take one of the two directions we
ambush the market in the Buy Zone and in the Sell zone. So we take
advantage of the market in any of these zones and ride the wave to
profiting.
Trade Set up
This system has been widely called No Forex Indicator System because
we do not require the use of any indicator to make market buying or
selling decision. Let’s take a look at the trade set up:
Brief about the System:
1. We don’t need any indicator for trade set up we only depend on the
chart and many will call this system a price action trading.
2. We place the trade set up daily at the open of the Sydney trade
period which is 7am Australian time and this coincides with the time
the Forex market closes for the day.
3. At 7am Australian time which is our starting point which we refer
to as our daily open point – we draw 5 horizontal lines and label
them like below:
4. We use 5 minute or 1 hour as time frame (depending on you the
trader)
5. The chart (you can use any trading platform) but I prefer the MT4
and MT5 platform,
24 | P a g e
6. This system can work for all forex pairs but I admire using it for
the JPY pairs such as GBPJPY, EURJPY and USDJPY. Since I use
the JPY pairs I always hunt for Brokers that permit small spread
for these pairs.
7. This system is traced to Luminous and kreslik.com and it was
popular in 2009 on kreslik forum. (This forum inspired me greatly to
love trading forex without using any indicator) Carlos made the
system very popular and showed how it can be a great Forex
strategy.
I will encourage you to forget every other systems and focus on this
trading system. It has the possibility to give you between 50 – 100pips
daily.
TRADE SET UP
 Look at the Daily open and draw a horizontal line (WHITE LINE).
 Draw a horizontal (BLUE LINE) +20 pips ABOVE the daily open for
BUY ZONE.
 Draw a horizontal (RED LINE) -20 pips BELOW the daily open for
SELL ZONE.
 SL -50 pips and I usually do HARVEST for TP.
25 | P a g e
We should have 5 horizontal lines in all.
Look at the chart above. You can use it on all pairs.
The problem with Forex Market is that at very first minute of the day you
don't know for sure (most of the time), where price will go - up or down
for the day.
The line in MAGENTA is the Stop Loss for SELL setup while the line in
CYAN is the Stop Loss for BUY setup.
Trading The System
This system uses the Straddling strategy where we open two pending
orders to Buy and to Sell.
After the market opens at 7am Australian Time we will set 2 pending
orders – Buy Stop Order at the Buy Zone and Sell Stop Order at the Sell
Zone as the market moves to any of the directions it will trigger the trade
on it’s way. If it moves upward it will trigger our Buy stop order and put us
into Buy in this case we have to close the Pending Sell Stop order so we
are not hedged in the market.
Also if the market decides to move downward our Sell stop order is
triggered therefore we have to close our Buy stop order so we are not
hedged in the market.
Every time price touches the daily opening price we place two orders
1. Pending Buy stop Order at the Buy Zone line and also
2. A pending Sell Stop Order at the Sell Zone.
Exiting Strategy
We ride the market to profit. We need to have a take profit point you can
take 30 – 50 Pips as your take Profit. In most case what we do for a very
trending market is to harvest the pips using trailing stop order. We move
26 | P a g e
our profit to break even when the market moves 25 Pips in our direction
and continue to move our stop loss by 35 pips until we are stopped out.
Our exit is at take profit or harvesting pips.
Stop Loss
Note also that if a trade goes against us we are stopped out by the stop
loss point. Our stop loss is 50Pips on both directions. Our buy trade stop
loss is located – 10 pips below the Sell zone while the Stop loss for Sell is
located +10 pips above the Buy Zone.
Remember to always set your stop loss position for every trade except
when you move stop loss to harvest the trade.
Buy Trading
If the Pending Buy stop order is triggered the market takes me into Buy
then i will close the Pending Sell Stop order.
If the trade goes in my favour i will let it move till it takes my take
profit but if the Buy trade goes against me and move downward i will let
it take my stop loss which is -50 pips that is the line below the Sell Zone.
Sell Trading
If the Pending Sell order is triggered the market takes me into Sell then
i will close the Pending Buy Stop order.
If the trade goes in my favor i will let it move till it takes my take profit
but if the Sell trade goes against me and move upward i will let it take my
stop loss which is -50 pips that is the line above the Buy Zone.
Exiting Plans
Once a trade is triggered the opposite pending should automatically be

removed. How then do we exit trades?
1. Trade may be exited at stop loss point.
27 | P a g e
2. Trade can be closed at take profit and if trailing loss is activated

trade can be closed when price hit the trailing stop point.
3. All trades whether pending or active and whether in profit or loss
closes at 6.59am Australian time.
Note: only one trade is allowed per time on a pair no room for trade
hedging that is why the opposite pending not triggered must be closed so
we don't have an hedged trade.
If a trade is already triggered no pending order be opened even if price

touches the opening line unless we have been stopped out or taken profit
there must be no opening of any pending order if a trade has not been
stopped out or take profit. Please this is very important in trading this
system.
Managing Trade for Small loss and high profitability
My objective is to make as much profits as possible and reduce my loss in

any trade and also to maximise my profit potential. So how do i achieve
this?
I use trailing stop loss order...whenever my trade is in 25pips profit (or

any predetermined pips) i move my trade to breakeven (Breakeven is
when i move my stop loss to the entry price so that even if the market
moves against me it will close me out at 0 pips) and as the market keeps
moving into profit i will be trailing with pips of my choice. With these i
will be able to cut my loss to 0 if any and also be able to harvest all the
pips and increase my profits per trade.
Lesson on Trailing Stop Loss (Taken from Abhi Raj of Windows ground and babypips)
In the journey to being a successful trader, one of the most important

pieces of advice you’ll receive is “to start placing stop losses”, but do you
wonder why you are not getting the desired profits after placing a stop-
loss, even in a trending market? It’s because you are using a stop loss like
28 | P a g e
the majority of traders and are not using a stop loss as a part of dynamic
trade management.
So how can you use stop-loss smartly? Your initial stop loss must evolve
into a dynamic trailing stop-loss as your trade turns profitable.
What is a trailing stop loss?

A trailing stop is a type of stop-loss order, where, as we start gaining
profits in trading, we keep raising the stop loss level.
It is also known as a profit protecting stop because its job is to protect
your profit from going back to zero.
The main difference between a regular stop loss and a trailing stop is
that the trailing stop moves as the price moves.
For example, setting a 50-pip trailing stop on EUR/USD after buying it at
1.2550 would mean that if the price rises to 1.2600, your stop would also
rise from its initial level of 1.2500 to 1.2550 (50 pips).
Your stop will then stay at 1.2550 unless the price moves another 50 pips
in your favor. This means that your trade will remain open for as long as
the price doesn’t go against you by 50 pips.
Traders often make use of trailing stops to lock in profits and harvest
more pips while minimizing their risk.
29 | P a g e
Trade Examples:
Example One:
In this case our sell entry triggered first so we close our pending buy Stop
Order. Look how the price flew after entry triggered but still can’t hit the
SL and it dropped for a maximum of 90 pips.
Then market went up and I will wait for it to visit the daily open again. I
called this daily open as our ZERO point. When this happened I put another
pending order on Buy Zone and Sell Zone. My buy entry triggered and could
take a maximum of 70 pips. Then my ZERO point visited again and sell entry
triggered and dropped for another 71 pips. The 4th trade is a loss. Buy
entry triggered but hit SL. 5th trade possibly collect another 30 pips. 6th
trade another loss and the last trade dropped for another 23 pips.
Therefore, total pips on this day are;

(90) + (70) + (71) + (-50) + (30) + (-50) + (23) = 184 pips
REMINDER: This setting is excluding spreads. you should add your

spread.
30 | P a g e
Details of above trade:
1st Trade: SELL (cross Sell Zone)
2nd Trade: BUY (cross Buy Zone)
3rd Trade: SELL (cross Sell Zone)
4th Trade: BUY (cross Buy Zone)
5th Trade: SELL (cross Sell Zone)
6th Trade: BUY (cross Buy Zone)
7th Trade: SELL (cross Sell Zone)
Do you think you can get 10-20 pips from this system Daily?
The chart below is another good example.
Sample Trade Two:
31 | P a g e
1st Trade
- Enter short as the price cross Sell Zone
- the 1st SL is at 160.77
- as it moves down the Sell Zone I look for new high and move my Stop
Loss there.
- the 2nd Stop Loss hit, that’s my exit.
2nd Trade
- Enter short as the price cross Buy Zone
- the 1st Stop Loss is at 160.17
- as it moves up the Buy Zone I look for new low and move my Stop Loss
there.
- the 2nd Stop Loss not hit, trade continues....
- the 3rd Stop Loss not hit, trade continues...
- the 4th Stop Loss formed...wait for the price to hit it...or it will be
more...
,
BUT, I just take 100 pips for the 2nd trade coz i think its enough for
me....
32 | P a g e
System Number Two: Forex Trapped System
Forex Trapped System
This system is one of the price action trading systems that I love so
much. It is possible daily to make real profit using the Forex trapped
system to trade. It is called trapped system because its like setting a
trap for a prey at the two likely direction the market will move to. The
market either move upward (BUY) or go down (SELL). So we prepare to
take the trade on any direction it moves to.
I will be glad to explain further how this system can be used: This
system is based on straddling the market.
Straddling simply means that we are able to place 2 trades on buy and
sell with the hope that one of the positions will be triggered.
Summary of the set up:
- Use the 15M Chart

- Time range: using 00.00 hour to 07.00 GMT Hour
- Find High and Low of the time range
- Place your Position by 7 GMT Place Pending Order (Buy Stop and
Sell Stop orders)
- The Price range i.e the difference between the High Price and the
Low price of the Trapped serves as your stop loss size
- Currency Pair: All
Take Profit in view: You just go for only 50 pips. You can take two trades
the first target 20 pips and second take 30 pips.
Someone may look at the chart and say why not 100 pips? Well, note that
gunning for small pips will keep you trading for long in profits and they
are realistic but hoping for a bigger pip will most often make good trades
go bad.
33 | P a g e
Trading Examples
GBPUSD trade for 29th April, 2015
Our platform is a +3 GMT so we try to determine our 00.00 Gmt and

07.00 Gmt by adding the +3. Do this if your platform is not GMT. We
began our trade by looking at the 1-hour chart by 7GMT. The High of the
range from 00.00Gmt to 07.00 Gmt was 1.5368 while the Low was 1.5326.
34 | P a g e
Our stop range is 42 Pips.
In this system instead of gunning for 50 pips in a trade i usually place 2

trades per direction and first trade target 20 pips and the second trade
target 30 pips both if successful will give me 50 pips. But this system
normally is premised upon picking 50 pips per trade set up but wisdom is
profitable to direct.
Note:
Using the above analysis, we had to place our trade thus:
- We place a Buy Stop order at 1.5368 and a Sell Stop Order at 1.5326
- Our Buy was entered by the 9.45 am candle
- The trade moved upward to give us our 20 pips by 10.15 candle and our
30 pips by 11.15 Platform time
- Our Stop Loss was never triggered.
Likely outcome from this system if used as originally planned ie

getting 50pips as profit:
- 1 trade gives profit of 50pips
- 2 trades (Buy and Sell) give us profit of 100 pips
- 1 trade takes stop and the other give us 50 pips profit
- 2 trades give us 2 stop loss
35 | P a g e
Condition 4 above can only be possible during a ranging market which may
never be the case. But in all, this trading system is promising.
Note:
CLOSE all or any pending Positions by 15.00 GMT
You can do lots of back test and see that this system is 90% accurate.
36 | P a g e
System Number Three: The Lazy Trader System
Lazy Trader System
This is a pure price action trading system.
There is no indicator whatsoever in this system.
Just follow the instructions below and you too can become profitable in
the Forex Market.
Forex trading can be classified among the riskiest investments that

exist, the most profitable and the most unpredictable.
The above is the reason why the term Holy Grail is considered a myth as
most forex traders are looking for system of trading in the forex
market without Heavy risk.
I believe DIFFICULT is a relative term, IMPOSSIBLE does not exist and

FAILURE is never a failure until you decide not to try again despite your
previous failures in the market.
By the time you're through with this trading system, you will begin to
trade with ease and not with pressure.
Before reading any further please know that this forex trading system
requires discipline, and faith. Never close a position before the target is
reached.
Understanding orders applicable to this system:
For this system we use the Pending order system ie order for a future
time not market order which is entering the market at the present
market rate
37 | P a g e
- Buy Stop Order: This is an order to place buy at a price that is higher
than the present market price. Example the market price of EURUSD
now is 1.2345 I wish to enter to buy at a higher price say 1.1285 ie 45
pips price away
- Sell Stop Order: This is an order to place Sell at a price that is lower
than the present market price. Example the market price for EURUSD
now is 1.2345 I wish to enter to sell at a lower price say 1.1200 ie minus
45 pips price away.
The Forex Trading System Explained
The forex market moves in trends, the trend can be bullish (upward),
bearish (downward) or Horizontal (sideways). This approach of trading
does not care which direction the price wants to move; it is more
concerned about making a minimum of 40 pips per day from the forex
market.
When using this forex system, the concept is - your success is not in
the number of forex pips you make but in the volume you entered with.
The currency pairs this system work with include:
* AUD/USD (NORMAL SPEED)
* EUR/USD (NORMAL SPEED)
* AUD/NZD (LIGHTNING SPEED)
* AUD/CAD (LIGHTNING SPEED)
The Forex Strategy
Pick the vertical line from the tool bar and demarcate the previous day
from the present day make sure the line shows the present day's first
candlestick at 00:00 Hours.
38 | P a g e
Fig 1: The 00.00 Hour candlestick arrowed
How to get an 00-hour line:
- Right click on your platform chart
- Click Properties and the properties window will open
- Click show period separator and you now have your 00 hours’ vertical
line, ok it and close
Pick the horizontal line from the tool bar and divide the first candle of
the present day into two. Call this line; line X
Count 40pips above line X and draw another horizontal line exactly 40
pips above line X and call this line; line X1.
Count another 40 pips above line X1 and draw your horizontal line X2
exactly 40pips above line X1.
Count 40pips below line X and draw a horizontal line exactly 40 pips
below line X, call this line; line X3.
39 | P a g e
Count another 40 pips below line X3 and draw a horizontal line exactly
40pips below line X3 call it line X4
Your forex Chart should look like this;
Explanation
Line X is the starting point, allow price to dance between line X1 and X3
until it picks its direction for the day.
Set your buy stop on line X1's price value, your take profit must be at
line X2, stop loss must be at line X4.
Set your sell stop on line X3's price value, your take profit must be at
line X4, stop loss must be at line X2.
What may Happen:
- Price could trigger your buy order and hit your take profit of 40 pips.
- Price could trigger your sell order and hit your take profit of 40 pips.
40 | P a g e
- Price could trigger both your buy order and your sell order; hit both
take profit zones, giving you a profit of 80 pips.
- Price could hit your buy order and not reach your take profit, come
back downwards 80 pips to hit your sell order and give you a loss of 80
pips.
- Price could hit your sell order and not reach your take profit, come
back upwards 80 pips to hit your buy order and give you a loss of 80 pips.
Instance 4 and 5 happens around thrice a month in the currency pairs

this system works with.
To reduce the number of Instance 4 and 5 in a month, repeat the pending

orders explained above immediately you take your first profit for the
day making the triggered take profit your next starting point. That is
your line X.
With this system, you can catch 40 pips out of every 81 pips price
movement no matter the direction it goes. But let's just say 90 pips to
be on the safe side.
Once the direction has started these pairs find it difficult moving 80
pips in the opposite direction in the same day.
Consequently, if the price moves 1000pips upward or downwards in a

month, you'll have the chance of catching almost 500 pips during such a
month.
If you will use this system you need to rule out greed.
Below is the blue print for entering positions when using this system;
The Forex account below started with 400USD and after 15 Trades
became 4,440USD.
41 | P a g e
Please stick to the rules of this forex system. Don't be too much in a
hurry.
Beginning Balance 400USD
1. 80USD (0.2) LOTS
2. 80USD (0.2) LOTS
3. 80USD (0.2) LOTS
4. 120USD (0.3) LOTS
5. 120USD (0.3) LOTS
880USD
1. 160USD (0.4) LOTS
2. 160USD (0.4) LOTS
3. 200USD (0.5) LOTS
4. 240USD (0.6) LOTS
5. 280USD (0.7) LOTS
1920USD
1. 360USD (0.9) LOTS
2. 400USD (1.0) LOTS
3. 480USD (1.2) LOTS
4. 600USD (1.5) LOTS
5. 680USD (1.7) LOTS
4,440USD
Note: You are expected to use half of your buying power in setting both
trades. This enables you to enter a hedge when instance 4 and 5 above
42 | P a g e
occurs. Never wait for price to cut X1 or X3 and use all your buying
power.
The above blue print does not guarantee that you'll win 15 Trades
consecutively; it is a guide to help you when entering positions.
In the instance that you decided to follow price by setting another

trade, making your first take profit of the day your point X then
repeating the procedure, such trades usually last till the following day.
What I do - I reset the trades the following day by determining my first
candle for the present day, delete the inactive pending orders of
yesterday and take my profit from the present running trade as set
yesterday. Shift the stop loss of yesterday's trade to be the same as
today's pending order counterpart. Instances where you see a reversal
pattern you can close yesterday's trade immediately. If it is a
continuation pattern, that's double profits for you today. If you don't
understand how to read charts, then just leave it set along with today's
trade.
43 | P a g e
Trade example on EURUSD:
Observe the Line each of the line is 40pips away from each other. Our
Buy order was triggered on the 10 am candle stick at point 1.3377, the
trade went in our favor and took our take profit at point 1.1417 giving us
our 40 pips for the day. After we took profit we reset the trade. So we
did not have a sell trade at this first trading opportunity. In line with our
position above that we can reset the trade using our take profit candle
as our starting point.
Happy Trading
The End
44 | P a g e
Forex Resources
(Please note that the links below maybe
affiliate links and I may make some earning therein)
 The Best Copy Trading System in the Forex World:

1. AMarkets RAMM trading system - Earn Forex money without Professional
Knowledge and Trading Skills like the Professional Traders.
https://bit.ly/ramm21
2. Copy the trades of professionals on Hotforex: https://bit.ly/copytrade21
 Learning Forex Trading at Home Sites:

1. Every newbie could learn Forex trading from home through Babypips its free:
https://babypips.com
2. Enrol into online Forex School and learn all about Forex trading free:
https://bit.ly/fxcollege1
 Reputable Forex Brokers that i have transacted with and made several
withdrawals from without hitches.
1. AMarkets: AMarkets LTD. is a leading broker and provides wide variety of
electronically traded products including Forex, Metals, Commodities and CFDs
worldwide. ... The broker's trading conditions are quite comfortable for a
trader and include no commission and tight spreads. Learn more about
AMarkets now: https://bit.ly/tradeam1
2. Hotforex: HotForex is an award winning forex and commodities broker,
providing trading services and facilities to both retail and institutional clients.
Learn more: https://bit.ly/tradehtfx1
3. Liteforex: Online trading: Forex, Stocks, Metals, Oil, Indexes & Crypto. Best
Forex Trading platform & Copy Trades System. Low spreads in ECN & CENT
accounts. Learn more: https://bit.ly/litebrokers
4. Forex Time: FXTM is a global leader in online financial trading and investing,
offering FX, indices, commodities, and more. Learn More:
http://bit.ly/fxtmnew
5. Roboforex: Trading advantages of RoboForex forex broker · The most popular
platform for trading on the Forex market, which includes a knowledge
database...Learn More: https://bit.ly/dvyf1
 Daily Forex News Calendar: https://forexfactory.com
 Currency Strength Meter: https://bit.ly/csmeter2

The War2

Uploaded by

Document Information

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

The War2

Uploaded by

Copyright:

Available Formats

2|Page

HOW TO WIN THE WAR CALLED FOREX TRADING?

(A Forex Report for Forex Newbies and Intermediate Traders)

Disclaimer: This material is for academic learning purpose it’s not a

What is Forex Trading? 4

Why Forex Trading? 5

Can Forex Trading Make me Rich? 5

Mind set to Trade with 6

What then is Leverage? 6

Why do Traders Loose Money in Forex Trading? 8

The War Zone Called Forex Trading 9

Kill or be Killed – The War Mentality 10

Formulate a Combat Strategy 13

Forex Warfare Standpoint 13

The Power of 10 Pips 16

Our Battle Strategies

But I see Forex trading in a different light. I see Forex trading as a

My aim in this publication is not to discourage you or any person from

What is Forex trading?

The foreign exchange market is a global decentralized or over-the-

Why Forex trading?

Another reason is because it is affordable and cheap to trade meaning

(For more on why trade forex visit:

Can Forex Trading make me Rich?

Forex Trading is NOT a Get-Rich-Quick Scheme. Forex trading is a

Mind set to trade with

Another great deception in this market is the concept of Leverage.

What then is leverage?

Leverage involves borrowing a certain amount of the money needed to

So beware of over leveraging your account ‘cut your coat according to

Why do traders loose money in Forex Trading?

 Trading too many markets at the same time

The war-zone called forex

Overview of Forex trading as a battle ground …battle ground means

Trading in the Forex market is intense and is a zero sum game.

Every time you place a trade in this market somebody is placing a

 Knowledge is the key to winning pips;

 Discipline is the key to protect those pips.

What is a successful trader? He/she has ability to:

If you can do this, you’ll be a tough trader, you know.

Let’s see how the above goes in the battlefield.

1. Capital Preservation: You must know how to protect your capital at

2. Capital Appreciation: as stated above we should add some pips in

The Power of 10pips in a Trade

Our Battle Strategy (Trading Systems)

Ready for War

 SL -50 pips and I usually do HARVEST for TP.

We should have 5 horizontal lines in all.

Look at the chart above. You can use it on all pairs.

2. A pending Sell Stop Order at the Sell Zone.

Once a trade is triggered the opposite pending should automatically be

1. Trade may be exited at stop loss point.

2. Trade can be closed at take profit and if trailing loss is activated

If a trade is already triggered no pending order be opened even if price

Managing Trade for Small loss and high profitability

My objective is to make as much profits as possible and reduce my loss in

I use trailing stop loss order...whenever my trade is in 25pips profit (or

In the journey to being a successful trader, one of the most important

What is a trailing stop loss?

Therefore, total pips on this day are;

REMINDER: This setting is excluding spreads. you should add your

Details of above trade:

1st Trade: SELL (cross Sell Zone)