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A complete professional forex trading system that even newbies can apply instantly. Asia Forex Mentor forex course is now FREE!

A complete professional forex trading system that even newbies can apply instantly. Asia Forex Mentor forex course is now FREE!

A complete professional forex trading system that even newbies can apply instantly. Asia Forex Mentor forex course is now FREE!

A complete professional forex trading system that even newbies can apply instantly. Asia Forex Mentor forex course is now FREE!

A complete professional forex trading system that even newbies can apply instantly. Asia Forex Mentor forex course is now FREE!

A complete professional forex trading system that even newbies can apply instantly. Asia Forex Mentor forex course is now FREE!

A complete professional forex trading system that even newbies can apply instantly. Asia Forex Mentor forex course is now FREE!

A complete professional forex trading system that even newbies can apply instantly. Asia Forex Mentor forex course is now FREE!

A complete professional forex trading system that even newbies can apply instantly. Asia Forex Mentor forex course is now FREE!

A complete professional forex trading system that even newbies can apply instantly. Asia Forex Mentor forex course is now FREE!

A complete professional forex trading system that even newbies can apply instantly. Asia Forex Mentor forex course is now FREE!

A complete professional forex trading system that even newbies can apply instantly. Asia Forex Mentor forex course is now FREE!

A complete professional forex trading system that even newbies can apply instantly. Asia Forex Mentor forex course is now FREE!

A complete professional forex trading system that even newbies can apply instantly. Asia Forex Mentor forex course is now FREE!

A complete professional forex trading system that even newbies can apply instantly. Asia Forex Mentor forex course is now FREE!

A complete professional forex trading system that even newbies can apply instantly. Asia Forex Mentor forex course is now FREE!

A complete professional forex trading system that even newbies can apply instantly. Asia Forex Mentor forex course is now FREE!

Reasons why this price action forex pin bar failed Forex Pair: Nzd Jpy A double pin formed at the 365ema. However we do not take these kind of trades and sure enough, the pin bar failed. Some reasons: - The pin bar blended into the whole picture. If you zoom out, you can’t see the pin . Remember we want to take pins that protrude out from surrounding prices. This one was relatively beside the surrounding bars. - A mountain of resistance blocking its upwards path – the 200, 150 ema, 10 and 25 ema. - Pair is in a downtrend as shown by the 10 25 strategy. Therefore although we have the 365 moving average as the backing. This is a trade where we would not enter. Ezekiel Chew Asia's #1 Forex Mentor

Forex Trading Strategies: Which trend should I look? The long term or short term? FOREX TRADING STRATEGIES I believe that this is one of the most important and mind buggling question that most traders face. Forex trading strategies Example: Forex Pair Eur Chf In the forex pair above, the overall trend is in a downtrend (marked by the red line) But in the current movement it is in a short term uptrend (marked by the yellow circle) So to say if you are in the current situation – which happens all the time. Forex Trading Strategies -> How would you trade? Forex Trading Strategies -> Would you trade up or down? Forex Trading Strategies -> Would you trade with the main down trend or the short term up trend? Forex Trading Strategies: Which trend should I look? The long term or short term? Generally speaking, of course the bigger trend holds more weight right? So should you still trade down?.. Not really.. Although it is the bigger trend that holds more weight, it is the short term current trend that depicts it’s movement. The main question lies in what kind of trader are you. - If you are the type who wants to trail for the long run. Then you should wait for the trend to turn back down and then trade down. - If you are like me, who takes profits off the table with a reasonable risk reward ratio. Then we will trade the current short term trend. Forex Trading Strategies: Which trend should I look? The long term or short term? You see, although the long term is down. But you should NEVER trade against the current short term trend. Because this short term may turn to a bigger trend. And this short term trend may be the indication of a trend reversal. So, if you have a good profit taking strategy. The answer will be to trade the short term trend and not the long term trend. But of course, the best scenario is that we have the long term and the short term trend in the same direction. It happens, but it does not happen all the time. So in scenarios like the above chart example. I hope you have gotten your answer! I hope you have gain something from this quick forex trading strategies trade example. If you find this post interesting, do comment on it! Ezekiel Chew Asia's #1 Forex Mentor

Guys.. this is something important which i want you guys to think about. Most of us spend most of our time looking in charts, looking for good entries to enter. And we spend all our time in that. But are we doing the right thing all these while? let us step out of our charts and look at the entire forex picture. Let us reflect on how we can improve our forex game. what are the things that we are doing wrong and should remove. what are the things that we should be doing, but did not do? what are the things that we are doing correctly and should keep doing Let us look deeper.. What is our general risk reward ratio, – is it good enough for our account size to grow and cover our loss we take in the mean while what is our risk % size – is it too much or too little? Did you enter the same position size on EVERY trade? are you discipline enough to do that. Price Action – Remember this is king in forex, did you enter with price action or without it? Emotions – (Entry) do we let emotions affect us as to when we enter the trade (afraid of missing a trade) is it because of missing a trade, we fail to enter on the break of the price action bar + 10 pips. Instead we entered on the close of the bar and made a lot of losses. Emotions – (Exits) do we exit our trade base on emotions. How ofter does it happen. did we stick to our initial plan? Stop loss – did we shift our stop loss accordingly. Did we ever shift back our stop loss because we hope it will go back to our direction we wanted? Picky – are we losing money because we are not picky enough on our trades. Do we enter base on 3 to 5 reasons or only 1 reason? Overtrading – do we tend to over trade because we do not want to waste our time looking at charts but not entering. did we enter more trades to grow our account but instead make more losses. Above are some reasons. i want you guys to step back and think of the reasons that is affecting you. I want all of us to improve our game further. and not just trade blindly. Remember – CONFLUENCE is the key. Confluence means many reasons and not only 1 reason to enter. Confluence makes you picky, confluence removes overtrading. Postion sizing and money management is VERY IMPORTANT. If you are still not implementing it. PLEASE CLOSE YOUR ACCOUNT. i do not want you to lose any more money. PERIOD. Remember to COMPOUND. this is what makes us FULL time forex traders and not wannabes. Ezekiel Chew Asia's #1 Forex Mentor

Forex Trading Strategies & System – 2nd Chance In Forex trading, price always gives us a 2nd chance to place our trades before it takes off. It can be considered as a 2nd chance or you can consider it as a confirmation bar. In the chart above, Aud Usd. We can see the first highlighted blue box showing a pin bar. As this was not the nicest pin bar of all. We did not take it. Or if just to say – we missed this pin bar for some reasons. Either by choice or we were not at the chart when it happened. As mentioned, price always gives us a 2nd chance or a confirmation bar – which is the 2nd highlighted blue box showing a pin bar. Telling us a great hint that the train is sounding its horn and is taking off – getting the last few passengers to board the train. Usually Most of them time, the train will take off after that, heading our direction. In the chart above, besides the pin bar. There are several reasons (confluence factors) which we had entered on the trade. 1) Overall uptrend movement 2) Pin bar at the price pivot area 0.94900 3) Trend line confluence 4) Double confirming pin bar Remember – the more the confluence. The higher the probability of the trade. Here’s another example: Forex trading Pair: Gbp Aud I need not explain much on this as its clearly shown in the chart. 1) Double pin bar 2) Price pivot area of 1.63500 3) Swing Low 4) Divergence There are plenty of examples in regards to this if you look closely at the charts itself. If you find this post interesting, do comment on it. Ezekiel Chew Asia's #1 Forex Mentor

Forex Trading Strategies – Fibonacci Alot of guys out there have enquires on how to draw a proper fibonacci in forex trading. Whether they are drawing in the right direction? And how do they know that the fibonacci is drawn correctly? This video will show you how to go about it. (I apologise for the poor resolution quality which i had set wrongly, the next video will be better!) http://www.youtube.com/watch?v=bF6XYAeNYM0&feature=player_embedded If you like this post, don’t forget to comment on it. Ezekiel Chew Asia's #1 Forex Mentor

Forex Price Action – Why did one Price Action Pin work and not the other. Forex trading pair: EUR CAD , AUD CAD Many traders asked me, why do you look at so many forex pairs. This post will be a good reply towards the question. In the forex chart above, AUD CAD and EUR CAD. Both pairs have the same denominator pair – CAD. Therefore, both pairs should be co-related in one way or the other. In this scenario, both pairs formed a pin bar as highlighted (blue box) on the 150 moving average (orange line). But what we can see on the end result is that – the Eur Cad price action pin turned out to be a good one with profits taken and the aud cad had no result. Forex Price Action – Why did one Price Action Pin work and not the other When trades of co-related pair happens, i would only choose the best one of out the 2 in this example. And we would have chosen the EUR CAD. Why? Lets look a little deeper for further analysis. 1) When the aud cad formed the pin bar – there is impending HIGH impact news on the AUD pair. As shown in the top left hand corner of our Asia Forex Mentor news indicator. 2) When we compare both the price action pin bars. The Eur Cad was a better one. With the opening and closing at the top of the pin bar. And the closed was above the 150 moving average. The aud cad forex pin bar however looked more like a neutral bar than a pin bar – with its opening and closing in the middle. 3) The Eur Cad had tested the 150 moving average recently before and it held well. With this 3 factors alone, we would have taken the EUR CAD instead of the AUD CAD. And would have taken profits already as marked in the chart. So my answer to the question on why do i look at so many forex charts? - Had we not have the eur cad on our chart and only the aud cad. We would have taken the aud cad and missed out on the Eur Cad. - The more charts we look at, the more charts we can compare – To choose only the BEST ones. Thats the reason for our high winning probabilities. - Our system works on all pairs, which is why we have so many opportunities in the market. This is just one of the ways on how trade, Ezekiel Chew Asia's #1 Forex Mentor

Forex Trading Question I Would like to share with you guys one of the questions i received in regards to a forex trade. Forex Pair: Usd Jpy Question: can u please tell me how to over come a situation like (See Chart above).. its really looking a great pin but it didn’t triggered, and it is also with trend.. the trade reached the stop loss and now its again returning to normal. can u please tell me to how to understand a situation like that? Answer: Price is making a higher lows and higher highs as highlighted by the red circles. It means the trend is changing and is possibly heading up. So what happens now is that, you are not trading with the trend but against it. Its a can be a short term trend shift movement. The forex price action pin bar formed because price shot up and hit the price pivot (white Line), in which price will naturally find resistance and head back down, resulting in the pin bar. Therefore, we would not have taken this forex pin bar on such circumstances. I hope you guys learned something from a simple forex trading scenario. See you on the other side my friend, Ezekiel Chew Asia's #1 Forex Mentor

Forex Trading Systems – Ping Pong Trade I like to call this a ping pong trade. A nice forex price action pin bar formed on the forex pair: Usd Chf Its a price action forex pin bar that is in line with the uptrend. (Remember to always trade with the trend) Moreover, it has the 150 moving average (marked by the orange line) as support. By just judging the above points alone and not adding other confluences, its a already a good trade to enter. So where is our First take profit area? The blue line of course. Our 200 moving average. Price will definitely stop at the area for some resistance. So that will be our take profit target. So its pretty simple. Price touches the 150, and bounces back up to the 200. Just like a ping pong. Forex Trading Systems – Ping Pong trade Follow up Price indeed reached the 200 moving average to find resistance. And we have gotten our profit. A quick profit we got here. What we can learn from this scenario: Forex trading need not be hard. By looking at it in this way, it is plain and simple. No difficult forex indicators whatsoever. Just price action with moving average = Profits Check out our Winning Asia Forex Mentor Price Action Forex Course where i teach you the exact FULL Forex Trading Systems that i personally use. See you on the other side my friend, Ezekiel Chew Asia's #1 Forex Mentor