Forex Secret Trading Technique, Do You Know What Harmonic Patterns Are?

Many are looking for a Forex secret trading technique its no wonder because if you could master any type of trading from home, imagine the life style it would offer you.

Breakfast in bed anyone? Going to work in your pajamas right in your own house.

Yes it surely is a wonderful life style and its worth the pursuit, what else can offer such a life style?

Well I have found that it does not matter if it is Stocks, Commodities or the Forex market, they all go up, down and or sideways so its a matter of finding that technique that really works not so much what market.

Further more Trading Forex, Stocks or Commodities does not have to be a gamble like one who goes to the casinos, those people go with no real education of the machines or of the game plan, they just go and put their money in the machines and cross their fingers and hope and hope.

Its these same type that come and trade the financial markets that gives the financial markets a bad name and especially when the markets are down, but however if you had some education on how the markets work you would know that the most important part is controlling your loss so says Warren Buffet and I agree.

Markets go up and markets go down and its up to the trader to know when to get in and when to get out and that takes some education and understanding but what real business does not?

Yes i did say real business, you see to many play the market or gamble the market with no real knowledge thinking its easy money on wall street with the big boys, think again.

If most would understand that trading is not a hope and get lucky type of business and first learn from some skilled traders like a construction apprenticed who has to learn under a journey man type for 4 years before he/she is released to be on there own.

Then they would be more equipped with knowledge how the financial markets really work and they might even find that the markets are rigged and manipulated all at the right times.

Now that alone would make one more careful and especially at the ends of a major trend, ever wonder why most analysis are still recommending stocks as they are falling down? and almost none say sell.

Most importantly is what I have discovered on how each of these markets work and how not to get in and out and miss the big trends, the big trends is what we want so how do we ride the trend until it ends?

By using a set of indicators that only gives signals to buy or sell after a turn in trend and after lets say a 5% move in the change of trend direction, yes after a 5% move and that way you will weed out the noise or the whipsaws.

If you catch 60–80% of all major trends then it would be no time at all before you have your breakfast in bed and work from home in your pajamas.

Most traders try to catch tops and bottoms and are always whipsawed around and mostly tossed to the side as the market then takes off but if you understand what I said about letting the market prove itself a little before entering, and then catching the rest of the trend almost until its end, then existing, do this once and see if it does not put a smile on your face.

So its about making some rules that work and then testing them for accuracy, not about crossing your fingers and hoping.

Trading the markets with charts and identifying patterns is the next most important thing to do and learning what harmonic patterns are is a must, these patterns repeat themselves over and over again and when you find them you can be sure of a high percentage of winners.

Harmonic trading patterns are fibonacci mathematical perfect numbers and many stock, commodity or forex markets go to these numbers and then change direction, and that`s when you catch them, soon afterwards.

There are so many methods and as we know methods change but how about trading forex with some principles, I could help you out here after spending so much time I have learned what some would call a secret but its not a secret at all because I want to show you how to really Trade the Forex,Commodity or the Stock market over and over again.