Range and Trend Trading

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Range and Trend Trading

This is a typical picture of a frustrated trader... his trade gets stopped out before it turns around to produce a profit.
There are many reasons why a good trade turns bad. Chief among the reasons is Impatience.
A good trade setup doesn't guarantee a profitable trade outcome.
It has to begin with a desirable price entry and followed by effective closings that minimize the chances of a loss and maximize the profit potentials.
Most manual traders are prone to impatience for actions that result in poor trade entries and premature exits.

The best way to prevent a good trade from turning bad is to automate your trading.
You will no longer have the urge nor the chance to trade indiscriminately.

Risking only 0.05 lots per trade, one of my EAs makes $400 with just 8 trades from 1 Jan to 17 April 11 trading on EURUSD Daily in the Fxprimus' Strategy Tester.
This $400 profit is the equivalent of a gain of 800 Pips ($400/$10 a Pip/0.05 lots per trade).

This video proves that there is no need to lose more often albeit smaller amounts to win big in trend trading.

Since the market ranges 70% of the time, it makes sense to trade the ranges by Buying at the Bottom and Selling at the Top, and letting the profits run when the market decides to trend at price breakouts.

While it is possible to manual trade successfully with high probability trade entries, it can be tedious and stressful to manage the trade efficiently and effectively thereafter...

An EA or trading robots can be programmed to automatically adjust the trailing stops and taking the partial profits without the emotional struggles of the fear of losing and greed of winning.

Please contact me if you would like me to help you to automate your winning trading rules for FREE.
You are welcome to sign up and fund your live account at http://fxprimus.com/index.php?r=374 to get started.

More on High Probability Trading and Price Action Trading...

The Choice is Yours, the Time to Act is Now, and the Clock is Ticking...

Why just trade when you can also earn residual income and rebates for your trading?

Increasing number of Individuals, Corporate Traders, Money Managers and Website Owners have already opted to become our traders and our partners in this $4 trillion daily turnover Forex market.
As an individual retail trader at FXPRIMUS, you experience a level of fund safety, trade execution and service quality that is normally reserved only for large, institutional investors.

We welcome you to now to enjoy the same advantages as the institutional traders and expand your income potential while offering your referred clients one of the highest available level of service and support.
Please ascertain your eligibility in your application.

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We have helped several of our traders to become more productive by automating their profitable trading rules for FREE.

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and it would be our pleasure to share knowledge and tips on trading and automation with you. We are successful only if we can help you to succeed in your trading.

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