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http://thefxace.

com

Forex Trading: High Probability


Day Trading Scalping System

We Use The 5minute charts for this system only

We Trade From 8am GMT to 8pm GMT Only google


timeframe converter to convert to your home time.
Entries: As explained in the video in the course the criteria for
entering the market is as follows:

For a buy trade we MUST wait for price to reach the bottom Bollinger
bands area either by just touching or for best results going outside the
bands area, next we must wait for a divergence signal to appear on the
MACD indicator see picture below.

*Important each signal is separate so if there is 3 signals In a row at the


same area we take all 3 for best results*

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As you can see price drops and goes outside the bands area and then
you get a divergence signal this is 2 buy signals.

For a Sell Signal we look to do the opposite from a buy signal that is we
wait for price to either touch or go outside the top bands area and then
when we get a MACD divergence signal we enter see picture below.

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As you can see price goes outside the bands area on 3 separate
occasions and we get 3 entries nice watch the video many times.

Where to Place Your Stop Loss

Ok you will be placing your stop loss either in 2 areas just above/below
the entry candle give it a 5 pip buffer or 1 high/low above/below the
entry candle watch the video in the course I explain in better detail.

Where To Take Profits

When in a buy signal we will follow price to it reaches or goes outside


the top Bollinger bands area and after it has reached this area we will
close the position after the first RED candle that closes back inside the

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bands area see picture below.

As you can see price goes outside then closes back inside close on the
red candle only if continues to print green candles stay in trade to
maximize profits.

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And vice versa on a sell trade we will let price drop to the bottom
bands area then wait for a green candle to close back inside the bands
area I go through this is great detail In the course video,

It’s a very simple yet effective method that works it has a high
probability outcome with winning positions around 80% plus.

Always remember to manage your risk well and place the stop losses
when taking the trades and this system will work miracles for you.

If you are interested in working with me 1 on 1 simply get in contact


with me via my website https://thefxace.com.

Wishing you all the best in your trading

-Will (AKA TheFxAce)

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RISKS ASSOCIATED WITH FOREX TRADING

Trading foreign currencies can be a challenging and potentially


profitable opportunity for investors. However, before deciding to
participate in the Forex market, you should carefully consider
your investment objectives, level of experience, and risk appetite.
Most importantly, do not invest money you cannot afford to lose.

There is considerable exposure to risk in any foreign exchange


transaction. Any transaction involving currencies involves risks
including, but not limited to, the potential for changing political
and/or economic conditions that may substantially affect the price
or liquidity of a currency. Investments in foreign exchange
speculation may also be susceptible to sharp rises and falls as the
relevant market values fluctuate. The leveraged nature of Forex
trading means that any market movement will have an equally
proportional effect on your deposited funds. This may work
against you as well as for you. Not only may investors get back
less than they invested, but in the case of higher risk strategies,
investors may lose the entirety of their investment. It is for this
reason that when speculating in such markets it is advisable to
use only risk capital.

Risk Disclaimer for Forex Trading

Trading foreign exchange on margin carries a high level of risk, and may not
be suitable for all investors. Past performance is not indicative of future

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results. The high degree of leverage can work against you as well as for you.
Before deciding to invest in foreign exchange you should carefully consider
your investment objectives, level of experience, and risk appetite. The
possibility exists that you could sustain a loss of some or all of your initial
investment and therefore you should not invest money that you cannot
afford to lose. You should be aware of all the risks associated with foreign
exchange trading, and seek advice from an independent financial advisor if
you have any doubts.

Benefits and Risks of Leverage

Leverage allows traders the ability to enter into a position worth many times
the account value with a relatively small amount of money. This leverage can
work with you as well as against you. Even though the Forex market offers
traders the ability to use a high degree of leverage, trading with high leverage
may increase the losses suffered. Please use caution when using leverage in
trading or investing.

Hypothetical Results Disclaimer

THE RESULTS FOUND ON THIS WEBSITE ARE BASED ON


SIMULATED OR HYPOTHETICAL PERFORMANCE RESULTS THAT
HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE THE RESULTS
SHOWN IN AN ACTUAL PERFORMANCE RECORD, THESE RESULTS
DO NOT REPRESENT ACTUAL TRADING. ALSO, BECAUSE THESE
TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THESE RESULTS
MAY HAVE UNDER-OR OVER-COMPENSATED FOR THE IMPACT, IF
ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY.
SIMULATED OR HYPOTHETICAL TRADING PROGRAMS IN GENERAL
ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH
THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING
MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE
PROFITS OR LOSSES SIMILAR TO THESE BEING SHOWN.

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No representation is being made that any account will or is likely
to achieve profits or losses similar to those that may be shown.
Past performance is not indicative of future results. Individual
results vary and no representation is made that clients will or are
likely to achieve profits or incur losses comparable to those that
may be shown.

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