Proven Forex Trading Money Making Strategy

How to overcome the mistakes that most new traders and struggling traders make and start making real money from the Forex Market. It is not as hard as rocket science, but it is equally not as easy as you think.

Trading is tough, but those who keep it simple are those who master the art of trading. The struggles are real.

What are the struggles that most traders experience? Well, I did a survey and this is the result that came from real struggling traders.

surveyresults

As you can see most of these problems can be resolved if you get started with trading from a longer time frame. Get the complete information and a complete strategy to help you overcome these struggles.

If you take any strategy and focus on the daily chart, you will start seeing some improvement in your trading results.

Proven Forex Trading Money Making Strategy shows you how to overcome all these problems, including a simple strategy that allows you to look at your chart just once a day.

You can pick up my book now.
Proven Forex Trading Money Making Strategy

Comments

  1. Hi Caroline,

    hope this email finds you well and in great health.

    I have read your wonderful book and have a few queries:

    (1) Understand we enter on the open of a new daily candle if there is a trigger based on the setup candle (previous day candle). However, if we were to have a buy trigger, what if the setup candle closed as a bearish candle. Does it matter what color the setup candle closes at?
    (2) You mentioned that you usually only look at daily and weekly charts. What do you look for in weekly charts? The S/R lines?
    (3) Risk reward ratio of 1.5. Sometimes, as the fractal is too far away, my stop loss ends up being really far, such that the Take Profit level becomes even further, maybe unreachable. What would you do in such a scenario? Would you just give it a pass?

    Thank you so much for the wonderful book, I really enjoyed reading it, it felt so refreshing because you seem so humble and sincere.

    Kind regards
    Paul

    1. Hello Paul and thank you so much for your feedback. This course has helped me to learn a lot from people like you. I appreciate it.

      1. The color does not matter.
      2. Look at weekly charts for setups as well. Remember a good uptrend in a daily chart can just be a pullback on a weekly chart. This is a simple strategy that new traders can easily adopt. So I did not want to complicate it.
      3. Risk Reward is 1.5. If the initial stop loss is too far away and you cannot risk 1%, then skip the trade, there will be another trade.

      Thank you for your questions and I hope you are doing well with your trades.

  2. Hi Caroline,

    Thank you so much for this book. I do have a couple of questions though:

    1. In the rules for both buy and sell, the trigger does not occur unless the close is within 60 pips of the 8 LWMA. It states that if the close of the setup candle is further than 60 pips from the LWMA, you place a pending order for when it reaches 60 pips from the 8 LWMA. I presume these are limit orders where you are expecting a retracement back to the 60 pip mark. However looking at the 2 year history, it appears there were opportunities where you could have entered based on limit trades, but did not. I am wondering if you ever really place a pending trade when the candle is beyond the 60 pip limit and what kind of results you get on those types of trades.

    2. Do you know if this method would work as well on lower time frames such as the 1 or 4 hour?

    Thanks Again,
    Mark

    1. Hello Mark,

      Thank you for your purchase. This strategy is pretty simple and straight forward. I did it that way so that new traders will find it simple to follow. If a strategy is not simple, I don’t like to use it personally.

      Yes, I do place pending orders when I see a good setup.

      Yes, you can adapt the trading strategy to use on the lower time frame. I use it for my intraday trades. Use the same rules, just adjust your trigger.
      The best way to work your way with this is either to go through the backtesting or start trading using the strategy. Keep your risk at 1%, that way you can test the strategy for as long as you like until you become comfortable with the rules.

      Trading is still not easy, but you can keep it simple.

    2. Hi Caroline,

      I have read your book and am using the strategy in trading. Could you answer the following questions that I am facing when making entry or exit trades?
      1. In your book, you stated one of the situations for exit is when a signal in the opposite direction is generated while the trade had not reached the target or has not hit the stop loss. Could you further clarify the “signal”? Is it when the two LWMAs crosses?
      2. When we place a pending order, shall we always stick to the level of the 8LWMA of the day when the setup candle appears or we have to adjust the level in accordance with the move of the LWMA as a trigger?

      Thanks so much.
      James

      1. Hello James and thank you for your purchase.
        For a buy signal, the 8 LMVA must be above the 10 LMVA.
        For a short signal, the 8 LMVA must be below the 10 LMVA

        You can stick with the 8 LMVA of the day, because if you start
        to adjust, it will become arbitrary.

        I encourage you to go back two years on the currency pairs that you
        trade and backtest the strategy. By the time you complete a manual
        backtest, you will come up with a way to manage the nuances.

        The strategy is a simple guideline, for anyone who wants to get
        started especially with discipline and then build from there.

        If you noticed, I did not mention anything regarding support/resistance,
        Fibonacci or pivots, or patterns. But these are very important also as
        you continue your education.

        I just wanted a simple strategy that newbies and struggling traders can
        start with. When you learn how to look at support and resistance, price
        patterns, Fibonacci levels. This strategy becomes very very profitable.

        Keep it simple for now and just work your way through gradually.

        I am coming up with an advanced course that includes support/resistance,
        Fibonacci and very lucrative price patterns.

        Keep It Simple. The simpler the more profitable.

        Wishing you all the best.

  3. Hi Caroline,

    I just bought your ebook, it looks very interesting, I like the fact that your are using fractals. The problem I have with kindle format is that we don’t see the chart well enough and I can’t print out the ebook. Could you send me the PDF format please? In return, I will give you a great testimonial on amazon. Thanks, Judith Boucher

    1. Hello Judith,

      First, thank you for your purchase. I appreciate it. And for sure, I will send you the PDF.
      Keep is simple, Judith. Trading is only hard psychologically. If you follow the rules and keep
      a cool head, you will do well.

      Bless you.

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