100%cashbackforex foreign exchange cashbackforexpip, the importance of the trading system cashbackforex undoubtedly, if you want to go farther in this industry, to create a trading system of their own is certainly what you must do, if you are a foreign exchange novice, then in this article you can learn in detail what is the trading system, if to create a teaching forexcashbackeasy research system If you are a foreign exchange veteran, you can also take this article to consolidate knowledge, may be useful in the training of newcomers after the trading system theory overview trading system can be divided into three major blocks a: awareness of the industry (rules of the game) b: judgment of the forex cashback easy trend, the development of (trading strategy) or trading plan c: (trading execution) stage, this stage is purely implementation, without adding any additional subjective and objective factors The following details of the above three main content of a, the rules of the game of understanding: (market understanding) 1. margin market, foreign exchange and gold without limit, 24-hour trading 2. margin trading, you can buy up and buy down at the same price 3. margin trading, divided into 1 to 10, to 1 to 1000 different types of leverage 4. margin trading, allowing hedging transactions, and does cashback forex allow hedging Trading 5. margin trading, because of the magnified leverage, so magnified risk, part of the market is optimizing leverage to serve the economy 6. margin trading, burst positions, some are burst positions left to buy positions margin, some are left to buy positions margin of 20% 7. margin trading, in the domestic gray market 8. international, is gradually recognized Chinas market economy status 9. margin trading Several major platforms, respectively, by the United States and the United Kingdom regulation, security and reliable non-regulated traders, security is not reliable (market trend awareness) 10. margin market 24-hour trading, respectively, Asian, European, and U.S. trading under normal circumstances, 12:00 am Beijing time, to 8:00 am Beijing time, belongs to the U.S. afternoon trading and Asian morning trading phase, during which the market trend in the correction of the market more Beijing time 8:00 to 15:00, belongs to the Asian market time, during the China-Japan-Australia data for the market influence is relatively large during the trend, in most cases the volatility than the European market after the opening to be small Beijing time 15:00 to Beijing time 20:00 is the European market, during the period, the European data are published in this time the market trend amplification will be affected by the news, will produce a wave of trend market Beijing time 20:00 to Beijing time 24:00 is the European market, during the period, the market trend amplification will be affected by the news, will produce a wave of trend market The market volatility is the largest at 15:00 pm to 24:00 pm Beijing time, will produce a large wave of quotes the rest of the time, belongs to the market correction period, you can adjust your position, to avoid risk 11. mainstream Seven straight currency, intra-day volatility are around 1% switch to the point, the normal is 70 points as Europe and the United States a wave of effective market fluctuations in Europe and the United States, under normal circumstances, is 50 points a wave of the market, produce no trend immediately after the intra-day reversal 70 points a wave of the market, followed by a wave of reversal of the odds are not great, will produce about 30 points of correction of the market 120 points of the market, if a wave arrived, the day belongs to the strong trend, the The future trend will basically go sideways to the next day in Europe to continue to follow the trend of this wave of the market 12. margin trading, no matter what the cycle of operation, under the dominance of sustainable profitability, intra-week trading opportunities about 2-3 such opportunities, will produce more than 100 points effective profit does not provide opportunities every day 13. averaging trading system, for the classification of the market: sideways finishing market, oscillating Upward market, oscillating downward market, upward channel market, downward channel market to distinguish the standard is: whether the average line is effective low head or head about what is effective low head or head of the standard, there is no constant standard, only a simple judgment criteria: the 30-minute cycle, the market range scale selected at 300 points and then through the front of the historical trend, observe the average line range and memory (because) low head up most needed is the front of the recent historical trend, so can not give a standard); hourly chart, the scale is fixed at 400 points to watch the 4-hour chart, the scale is fixed at 700 points to judge the above 300400700, is a general reference can be drawn from why this is done, the reason is: to avoid watching the plate, the amplitude of the average to their own subjective visual impact of this classification, as the first choice for placing a single signal 14. On the k combination pattern, for the classification of the market: up, up after pullback, up after pullback and then up, up after sideways, up after sideways after continuing to rise,, and so on similar to this expression this market classification, as the conditions of the single signal, not much, in the later trading plan development will have a careful description of the 15. The classification is expressed as follows: up after stabilization, down after stabilization, down after reversal, up after reversal, and so on and so forth description 16. all trading indicators of the ultimate true meaning is the same 17. market sentiment with risk to classify the main: risk appetite, risk preferences, risk sentiment, risk high, risk aversion 18. rape shot is personal for k all the concentrated highlighting the market has a lot of descriptions, such as what the doji, hanging line. For example, what the cross, hanging line, and so on, does not have reference significance, rape and shot only applies after a wave of the market (position awareness) 19. margin trading, institutions, funds, retail investors, are not able to operate heavy positions as its sustainable profitability criteria 20. retail trading, in the context of the average trading system without the concept of adding a single position 21. trading cycle with the position, assuming a constant position of 2, you can choose the position cycle equipped with the proportion:,long 1 short 1 with, long 1 medium 1 with, medium 1 short 1 with, medium 2 with, short 2 with, only long 1, only medium 1, only short 1. 22. position proportion with, do not measure by percentage, to 10,000.1 lots as the maximum position measurement (60 SMA awareness) 23. 60 SMA trading system, the trading cycle into long-term Medium-term, short-term long-term, 4-hour graph, mt4 platform will k scaled to the minimum, and then zoomed twice, as the standard of viewing medium-term, to the hourly chart as the cycle of viewing, the standard mine-long short-term: 30 minutes as the cycle of viewing, the standard mine-long 24. SMA trading, different cycles provide different non-contradictory signals 25. 5070120 points corresponding to the stop gain respectively: 5070200 points above gold and silver oil stock indexes are not included in this description 26. averaging trading system, signal superposition or signal conflict for example: 30 minutes there is a buy signal while the hourly chart there is a sell signal, such cases, you can trade in different accounts at the same time, you can also trade in the same account at the same time, you can also choose one of the two to trade The final result, can be stopped out at the same time so, belong to the normal phenomenon (human nature to understand) 27. the most effective human energy, about 2 hours a day other time, energy will not be effective concentration for example: a lesson 35 minutes, the consideration is that children can concentrate on the time is about 20 minutes, the rest of the time belongs to the energy can not be effectively concentrated this is the definition of human 28. when the energy appears overdrawn In case of overdraft, people come to the latest judgment or conclusion, can directly overturn the correct judgment arrived at when energy concentration means: people can use the wrong judgment to convince themselves of the correct judgment before this is also a normal phenomenon, nature is because there is uncertainty, only to become colorful 29. In the foreign exchange market: that is: the market can be controlled, the position can be controlled if between the two to achieve control, then the mind can naturally balance 31. Do not change your personality to adapt to the market 34. For personal character traits in trading, if in a disadvantageous position, choose the way to resolve or transfer this characteristic into the transaction (trend awareness) 35. (These points are the approximate range, not a constant expression, to describe the range) necessary conditions of two: the subsequent wave of correction, not more than half of the necessary conditions of three: the subsequent wave of correction can not touch the average of the three conditions, the average has begun to choose the direction, head up or head down This is the standard of the average trading system to describe the trend 36. Homeopathy, refers to the direction of the expected continuation of the current market or expected future wave of market trends For example: choose a wave of retracement after the rise of the market, as a profit target, then a wave of retracement in the future, you operate smoothly, this is a wave of retracement of the market if, after the opening of the position is a new wave of retracement of the future rising market, smooth operation, is a wave of future rising market homeopathy, only a narrow noun trading, this term is just a teatime toothpick noun joking 37. do not expect the future will immediately produce a trend 38. the whole trading process is divided into stages: patiently waiting for the timing stage, buy OR sell stage, hold the signal to provide the market stage, hold the signal critical point stage, close the position stage, close the position after continuing to hang single stage, patiently waiting for the timing stage, repeatedly within these stages 39. Do not have the idea of catching the trend trend, oscillation, is the eternal cycle of oscillation is the beginning of the trend is the end of the trend is the end of the beginning of the oscillation oscillation range between the upper or lower rail and the trend generated by the entire oscillation range as an overlap means that the need to objectively recognize the oscillation, recognize the trend trading profits can have a tendency to generate, but not as a fixed lock object 40. The dollar is the worlds settlement currency, is a savings currency, is a safe-haven assets U.S. debt is the worlds safest asset over gold at this stage, because gold is still first denominated in U.S. dollars 42. the worlds currencies, is the dollar dominated, the euro, the yuan, the pound, the yen, etc. as a complementary portfolio 43. the worlds capital, the largest pool of funds is sovereign treasury bonds specific Treasury bonds, bulk futures, stocks, etc. 44. foreign exchange market there is no banker, only the main behavior of each central banks bottom line is the baseline of the main behavior 45. the statements of national spokesmen, first of all, stand in the political position followed by the economic position 46. any period, there is a focus dominant market, no focus can also be defined as: focus on the fuzzy period focus dominates the trend of the month or more, the news dominates the intra-day around What is a major risk event: central bank interest rate resolution, unemployment rate, gdp data, market intervention, temporary meetings to solve problems and so on, belong to the major risk event, it dominates the market trend more than 24 hours 48. sovereign countries, the United States, Europe, China and other three major economies, any party does not want the other party over their existence of eternal constraints balance relationship Power dominated, there is no fight between you and me 49. capital is pervasive, the United States of Americas capital everywhere, Europe is also, other countries are also so, capital and the country there is a correlation 50. trading, in the fundamentals and news, trading is the expected process, for the results do not matter 51. inflation accompanied by economic proper economic growth must be accompanied by proper inflation if the two can not balance, there will be Adjustment requirements of economic stagnation, inflation is increasing, it is stagflation economy is growing slightly, inflation is growing rapidly, it is inflation stagflation and inflation, for the economy are not conducive to various countries are trying to find the balance of 52. sovereign countries are eternal currency wars exist at all times 53. the ceiling of the U.S. debt, will be created in recent years, because the expansion of debt must be accompanied by the growth of the real economy, the The inflow of funds from the real will support the expansion of debt otherwise, there is no money to buy the status quo, even if another crisis pushes up the U.S. debt, it will not be maintained in the long term 54. describe the behavior through language, especially art, a very difficult thing 55. the relationship between the short-term stock market and the currency market, the stock market is the barometer of the economy, the expected economic downturn, the stock market fell, the inflow of funds into the debt market, lifting the corresponding debt market corresponding exchange rate Under normal circumstances, the bond market is the preferred safe-haven assets under normal circumstances, they are the two sides of the coin need to be reminded that the need to take advantage of this abnormal, for the judgment of the market 56. trading signals are sustainable, do not change themselves in the transaction because of (news, experts, communication) 57. currently the worlds major rating agencies: S&P, Moodys, Fitch precisely because of the accuracy of their judgment of the economic situation. So their judgments have a great impact on the market do not believe in conspiracies 58. averages in trading, fundamentals, news, not as a signal to place orders they are only used as some trial and error tolerant trading signals, the need for stop loss and stop gain are different from the signals provided by the averages in the trading system, do not outline such signals (stop loss and stop gain awareness) 59. In trading, a stop loss is required, stop loss in the mean trading system to stop out is another direction of the market 61. The direction or greater than the direction of a wave, close the position is also the new direction of the generation 64. need for the past few weeks of the market trends firmly in mind 65. Signals 66. with a large number of trading records, is a necessary condition for the formation of trading systems 67. a large number of trading records, requires a large number of inputs, you can choose to be able to bear the optimal capital to achieve this process 68. review, is the closing price of the compound k, is static if the signal is derived in this way, you need to do the same in the signal, otherwise, there will be two results 69. a week of average trading Record, there is not more than one 70 points above the profit single, can not achieve sustainable profit (natural law of understanding) 70. do not give themselves to develop harsh trading discipline to discipline themselves 71. step into sustainable and stable profit is a long-term process, most people do not have the talent to need more than three years to hone 72. for trading in the process of understanding new things, can be in line with: open-minded in order to nab things, never think before Do not judge things on the matter 74. buy and sell is the range, not the point 75. professional trading basic quality: do not allow the market trend in the trading gap 76. the implementation of the signal is the same time for the new trial and error opportunity to give up 77. abandon the trading signal is considered not to trade according to the signal above is a summary of the rules of the game of understanding personal experience II, the following description of the trading plan - The second piece of the trading system trading plan OR strategy is based on the rules of the game, the resulting judgment, and then form an effective strategy strategy development, is based on the market trend, the resulting judgment strategy development, the need to give the best solution in an unknown trend often mentioned, the current price in the end how to operate, highlighting how to develop a trading plan performance is: every day to themselves Developed trading plan can be written in a notebook, can be recorded in the computer plan, need to be developed every day, if indeed do not see the opportunity, then the day of the plan, the contents of the write no trading signals what? SMA trading system 1. SMA flattening, belonging to the oscillating market high short OR low more stop loss in the emergence of oscillating upward OR oscillating downward take profit interval take profit hanging single is one of the necessary conditions for oscillating trading if the price has not reached the hanging single position, but there is a stabilization signal, please switch to the k trading mode into the oscillating market, in general, the price away from the average up and down amplitude is basically the same, hanging single and take profit reference this standard The implementation of 2. oscillation upward, breaking through the horizontal finishing range, and the average began to lift the average trading system, for the operation of the oscillation upward, is to buy from the bottom of the horizontal oscillation, and hold to the direction of the oscillation upward If there is no position at the bottom of the horizontal oscillation range, then give up this round of the market waiting for a pullback test near the average hanging single buy oscillation upward, is constantly touching the average, the high point is constantly pulled up, the low point is constantly raised A trend period, the overall center of gravity upward movement is not very large a, when the bottom of the horizontal range to buy, the average line heads up, this single hold b, when the horizontal range is not built, the average line heads up, pullback test near the average line to buy, stop loss the previous round of the starting point of the market, the location is about the middle of the previous horizontal finishing c, oscillation upward is the rule of the trend, along with the retracement of the market generated, the first wave of the market can be the high point as the starting point along the parallel direction of the average line to draw a shock upward channel and then hang short operation with the top of the channel to take profit channel mid-track OR average line position d, shock upward market, retracement of the market, can be more than half, so hanging single can not use half as a reference e, shock upward is a channel, as long as the future trend, break through the track, then enter: if the upward breakthrough, then enter the center of gravity upward shock upward. If the upward breakthrough, then enter the upward channel market; if the downward breakthrough, then enter the center of gravity downward shifting oscillation upward; if the downward breakthrough, then enter the sideways oscillation trend for the future direction after the breakthrough, and now the market, there is a market fault tolerance judgment interval is the center of gravity movement problem if in the channel on the track short, need to correspond to the cycle of the stop loss range of 80% of this if the stop loss, can not produce the direction, is for the direction of the market Trial and error test if in the channel breakthrough, hold more than a single, then continue to hold the stop loss magnified to 80% of the range of the corresponding cycle. If in the downward breakthrough, holding a retracement single, continue to hold a stop gain to enlarge to 80% of the stop loss range of the corresponding cycle. If in the downward breakthrough, holding short single, need to correspond to the cycle of the stop loss amplitude of 80% of this if the stop loss, can not produce the direction, is for the market direction of trial and error test f, oscillation upward, often the next wave of the market does not necessarily reach the upper rail of the channel observation sloop indicator, whether the phenomenon of strength exhaustion, is the sloop value, did not reach the previous high, the price breakthrough of the previous high in such cases. Can manually enter the short single corresponding cycle stop loss g: when the price breaks down the mean, and then turn back on the sudden mean, the direction of the market to confirm the center of gravity downward swing upward (whether there are 7 k price completely out of the opposite direction of the mean under the run) h: when the price breaks upward on the upper rail, and then pull back to test the mean, maintain the swing upward market direction judgment but, the future into the direction of the sideways direction of the odds of great i: since it is Oscillation up, as the name implies, is an oscillation which must be set up to take profit even if the take profit continues to extend, that is the new direction of this market direction has ended 3. Oscillation downward, breaking through the horizontal finishing range, and the average began to head lower for the operation of the oscillation downward, is to sell from the top of the horizontal oscillation, and hold to the direction of the oscillation downward If there is no position at the top of the horizontal oscillation range, then give up this round of the market waiting for a pullback Test the average line near the hanging single sell shock downward, is constantly touching the average line, the low point is constantly pulled down, the high point is constantly pulled down during a trend, the overall center of gravity downward than the magnitude of the shock upward a, when the top of the horizontal range to sell, the average line low, this single hold b, when the horizontal range is not built, the average line low, pull back to test the average line near the sell, stop loss before the starting point of the market, the location is about the previous round The middle of the horizontal finishing position under the c, shock downside market, rebound market, can be more than half, so hanging single can not use half as a reference d, shock downside is a channel, as long as the future trend, break through the track, then enter: if the downward breakthrough, then enter the center of gravity downward shock downside; if the downward breakthrough, then enter the downside channel market; if the upward breakthrough, then enter the center of gravity upward shock downside; if Breakthrough upward, then enter the horizontal oscillation trend for the future direction after the breakthrough, and now the market, there is a market fault tolerance judgment interval is the center of gravity movement problem if in the channel lower rail to do more, need to correspond to the cycle of the stop loss range of 80% of this if the stop loss, can not produce the direction, is for the market direction of trial and error test if in the channel lower rail breakthrough, hold more than a single, continue to hold the stop gain enlarged to correspond to the cycle of 80% of the stop-loss range. If in the upward breakthrough, holding a bounce single, continue to hold a stop gain to enlarge to 80% of the stop loss range of the corresponding cycle. If in the upward breakthrough, hold more than a single, need to correspond to the cycle of the stop loss amplitude of 80% of this if the stop loss, can not produce the direction, is the direction of the market trial and error test e, oscillation downward, often the next wave of the market does not necessarily reach the channel upper rail observation sloop indicator, whether the phenomenon of strength exhaustion, is the sloop value, did not reach the previous low, the price breakthrough of the previous low such a case. Can manually enter more than one single corresponding cycle stop loss f: when the price breaks through the mean upward, and then turn back down the sudden mean, then the direction of the market to confirm the center of gravity downward swing upward (whether there are 7 k price completely out of the opposite direction of the mean downward running) g: when the price breaks down the lower rail, and then pull back to test the mean, maintain the shock downward market direction judgment but, the chances of the future into the direction of the sideways direction is great h: since it is Oscillation downside, as the name implies, is a shock which must be set up to take profit even after the breakeven continues to extend, that is the direction of the new direction of this market has ended 4. uptrend channel, the mean heads up, and the strength is very strong, it is basically impossible to appear to pull back to digest the previous wave of rising market uptrend channel, is evolved from the oscillation upward or long-term sideways oscillation sharply up, directly pulling the uptrend channel comes from: a: sideways Oscillation interval, pull up sharply, directly over the price range needed for the oscillation upward this: from the sideways directly into the upward channel b: oscillation upward trend, the future wave of rising market, breakthrough channel upper rail to produce channel upward channel open, the magnitude of the retracement is very limited, basically running in a sideways manner, and then continue to pull up so: the upward channel open, more than a single firm hold retracement short single abandon operation only hold After the magnitude needed to open the upward channel of the long, the future: can hang more than half of the position OR the current price into the operation after the opening of the upward channel, the future of the market, basically or oscillating upward market so, any point of more single, are held upward channel OR oscillating upward direction for this direction of the stop loss: upward channel retracement of more than half, it can be defined as entering the original oscillating upward market, if in half position to enter the market to do more, a, retracement of more than half, more than deal, either set the stop loss in a quarter of the position, or directly take the shock upward stop loss settings outlined in detail the whole process: the upward channel needs to reach the amplitude, more than hold, moving stop loss placed in this wave of the market half of the position, take profit the next wave of the market to reach the previous wave to pull the channel market amplitude of 60% as the initial target of the stop loss, either into After the oscillation upward direction, the short stop loss to close the position on the upper rail to leave the field upward channel needs the amplitude has reached, retracement of more than half, the long position to close the short position to hang empty in the latest wave of highs, with the cycle of fixed stop loss, with the cycle of fixed take-profit, this market belongs to the channel in the small oscillation market, the need to stop loss take-profit set remind: in the oscillation downward trend or downward channel trend, it is very difficult to subsequently generate upward channel market Can only produce sideways finishing quotes OR shock upside quotes 5. downside channel, the average low, and the strength is very strong, basically impossible to appear to pull back to digest the previous wave of downward market downside channel, is evolved from the shock downside, or long-term sideways shock down sharply, directly pull the downside channel from: a: sideways swing range, down sharply, directly more than the price range needed to shock downside this: by sideways directly into the downside channel b: oscillation downside trend, the future wave of downward market, breaking through the channel lower rail to produce the channel downside channel open, the rebound is very limited, basically running in a sideways manner, and then continue to fall so: downside channel open, short single firm hold rebound more than single give up operation only hold short open downside channel needed after the magnitude of the future: can hang empty in more than half position or the current price into the operation after the opening of the downside channel, the future market, the basic continuation of the downside channel OR shock downside trend so, any point of the short single, are held in the downside channel OR shock downside direction for this direction of the stop loss: downside channel rebound over half, it can be defined as entering the original shock downside market OR new shock downside market, if you enter the short in half position, a, rebound over half , short transactions, either set the stop loss in a quarter of the position, either stop loss in the average position, or directly take the shock downside stop loss settings (average position stop loss and shock downside position basically overlap) detailed overview of the whole process: the downside channel needs the magnitude has arrived, short hold, moving stop loss placed in this wave of the market half of the position, take profit the next wave of the market to reach the previous wave of pulling the channel market 60% of the amplitude as the initial target of the stop loss, either after entering the direction of the downward swing, to close the position on the lower rail of the long stop loss away from the downside channel needs the amplitude has been reached, rebounding more than half, short positions to close the position on the more recent wave of low hanging more, with a cycle fixed stop loss, with a cycle fixed take profit, this market belongs to the channel in a small oscillating market, the need to stop loss and take profit set reminders: in the oscillating upward trend o can directly Break through the horizontal finishing range directly open the downside channel above is the theoretical scheme of the SMA trading system on the point, the magnitude, there is a detailed description of the k-form combination provides part of the trading signal: what is k-form, is a lot of k-combination into a form, for the future of the market has a certain guiding significance personal experience summed up there: temporarily remember the following one can rise after the crossover does not fall must rise, after the fall The sideways not up must fall, refers to the short and medium-term cycle k form provides part of the trading signal personal summary k, condensed into four words, rape shot daily k trading template belongs to the most detailed analysis of k (daily k trading template only as a short and medium-term trading reference) rape shot, because the opening time of each platform is different, so, basically a meaning this is the first layer of the meaning of rape shot mt4 platform, there are 4-hour cycle The second layer of meaning rape shot, is a wave of market stabilization sign at the same time also implies a future wave of the market: oscillating market, the bottom OR the top of this signal, guiding the future wave of the market oscillation upward market OR oscillation downward market, the appearance of this signal, suggesting stabilization signal, for the future direction of the market guidance, only the first to provide retracement OR rebound quotes channel quotes, ray the same oscillation upward OR downward interpretation reminder: rape and hitting the amplitude of the needle must exceed 20 points, the longer the more effective needle, there must be more than 20 points to guide a wave of the market at the same time accompanied by the original market stabilization rape, must exceed 20 points or more, even more than the amplitude of the needle, because He exists entity structure reminder: If there is a rape of the needle signal after the future market engulfed the needle, then the future market, will continue to continue, and the magnitude is about more than twice the magnitude of the needle (such as the needle 22 points, the future high and low point ≥ 44 points) The above description is the trading strategy development process needs to have all the trading signal combination according to these signals, the development of trading strategies to complete the entire The second block of the trading system three, the third block of the trading system, is the implementation of the trading strategy or trading plan this does not require much explanation can be implemented to implement the trading strategy is the basic quality of professional traders when we develop a good trading strategy, the rest of themselves, it is shaped like a tool to hang a good corresponding pending orders, set a good corresponding stop loss and take profit minutes to solve the matter Finally, happy trading, trading is an art, language expression The art of expression will always be somewhat deficient! Author: Shadow a lonely foreign exchange warrior