Forex Trader Cheat Sheet

[hedgehog]

I stumbled upon this and was wondering if it valid and if it is of any use. Feedback appreciated.

Thanks.

[jonleung]

Thanks hedgehog - will take a look.

[bontboy]

Thanks for that hedgehog.

Interesting statistical analysis on the face of it. Only skimmed through it, but I don't see how they're defining a trend. Maybe unintentionally coming across as slightly patronizing with comments such as "...96% of
the pair’s trends occur between Monday and Friday".............

Nevertheless, will have a look at the time periods mentioned (specifically the Thursday trending) on the MT charts when I get home.

Cheers
BB

[hedgehog]

Hi:

Anyone found this Cheat Sheet useful at all?

Thanks.

[db-trader]

Originally Posted by hedgehog

I stumbled upon this and was wondering if it valid and if it is of any use. Feedback appreciated.

Thanks.

thanks Hedgehog, this is very interesting. I will be putting some of this to the test

[realestatemichigan]

Nope, but I do understand it works better when their are more than one market opened at a time to trade currencies.

[makealiving]

Thank you for the interesting PDF! It is worth reading.

[hedgehog]

Yeah, but I realized it's a bit dated. Not sure if it is relevant anymore.

[kissaki]

I am still using the cheat sheet, well I am not sure if I use it in proper way.
1st.
I use it as combination with Trapping System, I call it double break out. I use 1Hrs Chart, I set the lines at High and Low between 1 - 4 pm (est) then set pending order on H and L lines, just before the close of 4th candle. I use Stop and Reverse system. this could be a huge stop loss, but in month average, you still be the winner.

2nd (I use GJ as an example)
I Look at the cheat sheet and look at the Pip potential on 1 - 4pm (let say 100 pips) and 5 - 8 (150 pips), therefore total pips potential from 1pm to 8pm are 250 pips. Then I count back pip distance from 1 - 4 pm. let say it made 80 pips, then we have 170 pips potential to go.

Therefore, I set 170 pips target on both buy stop and sell stop.

This is a lazy but worth strategy.


Any one have better idea to improve this strategy ?

[steven]

Originally Posted by hedgehog

I stumbled upon this and was wondering if it valid and if it is of any use. Feedback appreciated.

Thanks.

I'm looking for confirmation to the following:

What is the current listing status for forexprofitpro.com?
Site is listed as suspicious - visiting this web site may harm your computer.

Part of this site was listed for suspicious activity 5 time(s) over the past 90 days.

What happened when Google visited this site?
Of the 100 pages we tested on the site over the past 90 days, 5 page(s) resulted in malicious software being downloaded and installed without user consent. The last time Google visited this site was on 2009-08-06, and the last time suspicious content was found on this site was on 2009-08-05.
Malicious software is hosted on 1 domain(s), including lotwager.cn/.

This site was hosted on 1 network(s) including AS26496 (PAH).

Has this site acted as an intermediary resulting in further distribution of malware?
Over the past 90 days, forexprofitpro.com did not appear to function as an intermediary for the infection of any sites.

Has this site hosted malware?
No, this site has not hosted malicious software over the past 90 days.

How did this happen?
In some cases, third parties can add malicious code to legitimate s