SI System
Assalam and good day to my students and my fellow traders,
Today I'm going to share with you another method in Forex trading... called the SI system. What is SI stands for at the first place? Well, other people called it with other connotations, but in Forex this SI system means Swing Indicator System.
From the name itself we can say that SI system is a very popular system meant for swing traders... Swing traders are traders who took advantage of the flow of the market to gain maximum profits weekly. And a good thing about this system is it also can be used to those who are scalpers. Now we have "Swingers" and "Scalpers". Sound familiar to you? While Swingers are traders who takes profit weekly, Scalpers are traders who takes profit daily.
These are the formulas: Stoch (15,3,3) in TF5 and TF15. For more info email me.... ;)
Some people tends to look down on Forex traders. They said this business have never got any future. They look down on it and spit on it as if this business is something worthless. This kind of people are those who either lowly educated or an old-style business person who would work like hell for a day to gain income. For those of you old-fashioned businessman out there, the world is changing fast and please open your mind to other kind of business called Internet business. Forex is a business where you don't need a proper shop or boutique, no need for a proper worker, no need for a proper stock management. All you need is patience, and the determination to learn and learn about the market movement.
That's all for today... To be a successful trader is to be always updated with the news. Certain news can change the Forex movement drastically.
Have a nice day trading....
-Hakimi-
Today I'm going to share with you another method in Forex trading... called the SI system. What is SI stands for at the first place? Well, other people called it with other connotations, but in Forex this SI system means Swing Indicator System.
From the name itself we can say that SI system is a very popular system meant for swing traders... Swing traders are traders who took advantage of the flow of the market to gain maximum profits weekly. And a good thing about this system is it also can be used to those who are scalpers. Now we have "Swingers" and "Scalpers". Sound familiar to you? While Swingers are traders who takes profit weekly, Scalpers are traders who takes profit daily.
These are the formulas: Stoch (15,3,3) in TF5 and TF15. For more info email me.... ;)
Some people tends to look down on Forex traders. They said this business have never got any future. They look down on it and spit on it as if this business is something worthless. This kind of people are those who either lowly educated or an old-style business person who would work like hell for a day to gain income. For those of you old-fashioned businessman out there, the world is changing fast and please open your mind to other kind of business called Internet business. Forex is a business where you don't need a proper shop or boutique, no need for a proper worker, no need for a proper stock management. All you need is patience, and the determination to learn and learn about the market movement.
That's all for today... To be a successful trader is to be always updated with the news. Certain news can change the Forex movement drastically.
Have a nice day trading....
-Hakimi-