Important!

One must understand that not every bounce of a TL is a entry. One must learn to be patient and wait
for the proper setups of the correct trend lines. Trading bounce of short term TLs is not te way this
is done. One must know everything about TLs, pivots, MACD, Stochastics and Moving Averages to
move forward from there. The basic and advanced rules are designed to create the end effect of
training your eyes and mind to master the art of undestanding price action. Ah yes... Price action,
the best way to trade in any market. Knowing your price action not only involves knowing all the
indictors mentioned above but also knowing your pair inside and out. This means sticking to the
Eur/Usd and the 5min timeframe only. It doesnt matter what is going on with any other time frame
because we will pick it up on the 5 min chart. If there a pin bar on the 1h or head and shoulders on
the 4h or double top on the d1 it doesnt matter because my system based on price action will pick
up these movements. Why you may ask? Because it on the 5min chart and its based on price action.
We will catch all the moves worht trading. If the price is bouncing of a TL on the 30 min chart we
will catch this move with my system because it based on price action. One MUST understand this
concept to fully understand my system. Once one comes to the realisation of everything above then
they are ready for the expert rules.
The Force Expert
Below are the rules for trading the forece expert.This is the best way to maximize your pips gain
and the final goal that everyone should strive for when trading my system from beginning to end.

Trade setup: You will draw one long term TL upper and lower TL fomr the 15min chart zoomed as
far out as possible. Just connect the two most highs and lows visible. Then go back to your 5min
chart as this is the only place the trades will take place. Find a comfortable zoom level but not to
close because you need to be able to see the bigger picture.
Enter short
Wait for the price to push then bounce or just bounce of the Upper TL
Wait for retracement and failed restes of the upper TL
Enter short after failed retest
Trace price with short term TL and add to position on bounces of short term TL
Close all when the same thing happens in the opposing when the same pattern happens again but
opposite.
Enter Long
Wait for the price to push then bounce or just bounce of the Lower TL
Wait for retracement and failed restes of the Lower TL
Enter long after failed retest
Trace price with short term TL and add to position on bounces of short term TL
Close all when the same thing happens in the opposing when the same pattern happens again but
opposite.

Ok here is a quick bit of advice on money management vs proper stop loss. Basically youve decided
that your only going to risk a small 1% of your equity per trade. This is a great idea and will
minimise your losses should you have one. The truth is that good money management will mean
nothing if you dont place a stop loss in the correct position. It will only turn your equity draw down
into a slow leek. It is important that a stop loss is placed in a logical place or else it will get hit
and you will take a loss. A stop should be placed below strong support and above solid
resistance. To pick a ficticious number for your stop loss will only hurt your trading and cause a
huge drawdown on your trading confidence when all you had to do in the first place was know your
support and resistance and place your stop there. This means that if your stop loss needs to be
placed a fair distance from the the open of your position and your only risking 1% per trade than
your gain will be smaller. Afterall this is your future in FX your messing with and this is why we
add to our position in the expert rules.

The long bear move from Friday seems to be

over as the price has began to flat line and
gain short term support. The bears are still in
the game but I suspect not for very much
longer as the price begins the difficult climb
to the top. I also suspect the bears will not
give up that easy and continue the fight for as
long as possible. I anticipate several small
bear moves from late bloomers still trying to
take a position on Fridays large bear move.
Lets see what happens.

Bulls continue a slow climb to the top. There

are many barriers in the way including the
monthly pivot. We will play this trade based
on PA and see what happens. It is possible for
a bear continuation from Firday or choppy by
steady uptrend working its way through the
many barriers above.

A quick tip here. When you are in a long trade

always be looking for a setup to enter short and
vice versa. This will help you determine when to exit a position.

Short continuation/retracement in effect here. If the price finds support here I will consider this a
failed re-test of long term TL and assume a long position till the price finds resistance.

We have aquired our failed re-test. Lets see how

things go from here. I suspect some nice bull
moves with reasonable retracements or a bear
continuation based on short term upper TL.

Nice bearish bounce of upper short term

TL. Bears are in control today. My
thoughts are this is due to high levels of
resistance above the daily pivot that plain
and simple would be to hard to work
through. I suspect this bear move will
comtinue to at least the daily support 1.

Bears are on a rampage! I like to be humble

but sometimes you out do yourself. Over 100
pips in 1 hour and counting.

Its crazy Friday today. We will see what the

market brings us. At the moment the price is
between the weekly and monthly pivot. You
really could not ask for a more volatile setup
then that. I will wait till London open for
enough volume to push through those levels.
We draw the Upper and lower TLs from the
15min chart and then go back to the 5 min chart
to trade. The TLs we draw from the 15min chart
act as long term support and resistance. When the
price approaches either of the TLs and then
pushes and eventually bounces of them I
consider the direction of the bounce the main
trend direction for the time being. As the price
moves from the long term TLs we trace the PA
with short term TLs drawn on the 5min chart that shows the temp short term trend direction. From
there we can trade retracements/pullbacks and trend continuations. All before mentioned is all
understood and indicated by TLs by expert rules or indicated by TLs and lined up with the force
indicators for an entry on the advanced rules. Keep in mind the advanced/basic rules with the
indicators are designed to train your eye to eventually move to the expert level. If you dont instantly
understand the expert level of the system then fallback to the advanced rules and keep learning.

in a strong market, what do you do when the stochs cross before the ma's?
When the stochs cross before the MA's we simply wait for the MA's to cross and the MACD to also
show its signal. Although the best signals under the advanced rules come when everything crosses
at almost the same time. If everything crosses but the Stochs are in ovesold/ovebought areas then its
usually best not to take the trade as you may loose pips.

Originally Posted by robdee

Another big bull day for the euro this
Monday cranking out 255 pips in the range.
London Close at 17:00 gmt was a typical
retrace setup but only 40 pips were
available before bulls took over again at
1:30pm ET.
A double top prior to the London Close
short signal provided evidence of resistance.
A double bottom prior to the long signal
provided evidence of support.

My Starting TLs for the day. I suspect a bull market.

Lets see what happens.
Heres is my Friday chart below. All my
trades are indicated. Its important to
understand that my trading is really
intuatative so this is the best chart I can
come up with. Again anyone at this level
will understand what theyre looking at.
On a final note following the force will
bring you to this point eventually. There
will come a time when youll forget the
indicators are even on your chart. Ive
dubbed this friday "crazy firday mega
pip day".

Here's a quick bit about how one may need to change theyre lifestyle around to become a success in
FOREX. I assume that most traders here work a 9-5 in some sense and with that being said we will
start with creating a schedule for yourself. It is important to dedicate about 4 hours a day to the
charts in FX. This is easier said then done as most poeple a married and have families and I can
understand that so ill bring up my next point. Sacrifice! Pick a time of day when no one will be in
your way. Maybe wait till the kids are in bed and youve spent some time giving attention to your
significant other. How much time does thia leave you. Probably not 4 hours if you want to get in
your 8 hours sleep. You can guess where this is going. Less sleep everyday, thats right I went there.
There needs to be sacrifice and hard works for the reward. 4 hours a day will put you on the right
path for success. Sleep is highly overated. I trade 12 to 16 hours a day and average 4 to 5 hours
sleep a day during the week. What do I get from this? An average of over 700 pips a week and all
the fruits of my labour. Anyone no matter who you are can get to this point. Determination! A big
word that I may not have even spelled correctly. Under no curcamstance should you let anything or
anyone stand in your way. You will always have people telling you markets like FX are a joke and
you cant make any money. lol I laugh at them. People like that are the joke to me. Who are they and
what do they really know about FX or any market as the banks take the money in theyre savings
accounts and make billions a year trading it on markets like FX. Poeple telling you that you will not
have success in FX will come from all angles. They will be family, friends, wife, husband, co-
workers ect.. Dont let them stand in your way as you climb anf fight your way to the top of the food
chain. FX is just a giant game of mentals and emotion from so many angles I cant count them. It
starts on the charts works its way to your trading style and ability to make pips to negativity from
family and friends. I can tell you that you need to learn to block emotion. Find the switch and place
it in the off position. Balls of steel so to speak. Bring everything to the level of logic. Logical trades
and a logical plan for success with large goals that are seemingly impossible. There is no limit to
what one person can accomplish. The only thing that will stop you is you. Plain and simple. So my
next thing is health. Whats the point of making tons of dough if your not going to be around to
enjoy it? Clean up your life eat healthy exercise if you can and deal with all your mental issues
causing you stress. The thing I give a large portion of my success to when dealing with emotion is
meditation. It has been the key keeoing my life in check. If everyone meditates for 1 hour a day you
will fell better, stronger, healthier and have a better mental attitude in every aspect of you life. One
can google this meditation and look for a simple breathing technique and practice 1 hour a day. As a
matter of fact the entire Force system was developed in my meditation sessions. As you may have
taken a guess I think about FX mostly in meditation. On a final note I recommend that everyone
visualise theyre final goal in theyre head. This will help you get there. Watch the charts as often as
possible. If your around a PC all day at work, bring up the chart and watch it in the corner of your
screen all day. When your at home watch the charts instead of TV. One must consume themself in
FX untill it is all they know and success will follow. I guarantee it. I would write anything I could
prove and have not experienced myself. I hope all enjoy this little blurb.

I am very excited about this week. For some reason id like to think this uptrend is over but logic
tells that the greenback will get trampled and beat down from now till about the mid summer 2009
(July August). On the fundamental level I dont see anything good comming out of the the greenback
corner. On the other hand I dont see anything really good comming out of the Eur corner but what
im getting at is that the US will do far worse than Eur. On a technical level I see the sheer force of
the bulls building up and I dont think theres anything that can stop this from happening. Futher
more I can see the pari clearing the 1.3784 October 9th high by weeks end. Why do I think this?
Intuition maybe? Wishull thinking? Either way which ever way the price moves the force will
produce nice pips. Im more interrested in the upcomming PA this week then writting more about
this. Lets see what happens.

Below is my chart including up to the

minute support TL's. I will attempt to hold
this position based on PA till 1.4000. My
entry was 1.3730. My stop is set at about
30 pips and I will adjust based on PA. If I
feel its not worht it I will close the
position. My goal is 1.4000 by friday. This
trade is based on the Force Expert Rules.
Ill update everytime theres a reason to.

Just treat monday as any other day. Monday is just a continuation of friday same as Tuesday is to
Monday. The market moves in the same fashion on mondays as it does any other day. The fear
factor you have to Monday is emotion based and should be dealt with ASAP. Emotion has no place
in FX. My guess is that you may have bad trades on Monday and spend the rest fo the week playing
catch up. This is common among most nebies to FX. What you must do is wait for a proper setup.
Never rush into a trade. As I mention above you must think from both sides. I find monday are
usually a little slower than the rest fo the week but thats about all. It simply take a little more time
for the price to find its direction. If you cant overcome your fear towards Monday then its prob best
you dont trade Mondays but instead stay on the sidelines and stupdy the Price Action.

Here a quick bit on getting into the zone by which I mean making sure you know whats going on in
the market before make any trades. One of the forst things a trader should do before making any
trade is review at least 1 days worth of previous charts. Look at all the moves and understand why
they happend and why the price is headed in its current directions. If for example if previous days
trend on the 5min was bear yould should understand why it was a bear trend. You should then find
the support and resistance levels. Then look at the chart from both angles. Think long and think
short. Theres no way to really know what direction the price will move to. By thinking from bith
sides of the market you will employ a sort of mental filter to iad you in your trading. If your
thinking of opening a long trade, first sit back and look at the market as though your already
involved in a bear trade. Would you close your bear trade at that moment or would you leave it open
and do the same for a trade in the apposing direction.

As some may remember I called a experimental

short from the High of the recent long term bull
trend based on a long term strategy im testing. I
have to say this trade is on fire. The diference from
this strategy and holding a position on my expert
rules is that I no longer close any portion of my
position. Instead I aim for longer term profits. So
far I have locked in 700 pips and have added to my
position three times with locked in profits meaning
if the trade reverses I wont loose any pips. So far im
extremly pleased with the results. This trade started
when the price failed at the 61.8 fib level of recent
long term bull run. So far the trade has made a full
32.8 retrace down to the 3800 level. Whats next? I
will attempt to hold to the 3600 level (50.0 retrace)
and proceed from there to the ultimate goal of the 2000 lows. My original risk for each positioned
was -50 pips making my RR so far 14:1. If the trade make it to the 2000 lows my RR will be so big
I havent even tried to calculate it yet. This strategy is based purely on fibs which I deem fictional on
lower time frames such as 5min. On longer time frames however they are the key to great profits.
When I have a large amount of forward testing completed on this strategy I will release it here. Also
in development is a scalping strategy. I expect to release these strategys around summer 2009.
Below is a shart with the progress from recent said trade.

Originally Posted by robdee

Thanks for all the feedback on the AudioAlerts indicator.

With 100+ downloads of the last update I see there is a reasonable level of interest in this project so
I will continue.

I have added one new feature in this update. That is "Line Alerts" which is controled by a user
setting. All the signal logic remains unchanged.

LineAlerts = True
One alert per candle when price touches a line (that is any trend line or horizontal line on the price
chart)

Attachment 187286

I have also decided for myself that printing arrows...

One word when describing the chart below.

"Damn". The price finally hits then passes the
3600 level. Lots of pips and a good rush. I
personally am happy the holidays are over
because I was starting to jones for that feeling
and got my first fix since before xmas. Im a
junkie for mega pips what can I say. Hope all
were involved in this move and held till 3600
as I mentioned in the chat yesterday. I see the
3200 level in the future of this price. Possibly
by the end of the week at the latest.

A couple of thoughts on my mind make me want to make sure I post them here. First thought is this.
Do not be biased to one direction when trading in FX. Just because the trend is down/up does not
mean it will stay that way. Everyone should take a few hours this weekend and review theyre
candlestick patterns. If one can see reversals in formation not only can you save/make more pips but
you will be prepared for the reversal move. To expand on this, one must know the difference
between a retracement/pullback and a reversal. I encourage anyone who has trouble with this to
learn all about Fibonacci and his retracements. Two key candles I look for in a good reveral are the
"hammer and Hangman". Second thought is this. Never assume the price will do anything. Its not
fact untill it happens. Always wait for a closed candle/confirmed signal before initiating a trade.
This thought came into mind when I was thinking back to my early trading days and I read the book
Foreign Exchange for dummies. When trading on PA/Technical analysis the key is sticking to the
trading plan all all costs but at the same time dont be a robot. If a trade looks risky enter only a
small lot. A small lot will lead to a small loss or a small profit and after all a profit is a profit.
Always leave a portion of your position open. As many traders know the feeling of an exit at 20
pips then the price rockets another 100 or 200 pips. Dont be greedy as greed will get you nothing in
the end. The idea is simple take a longer amount of time and make solid profits in the end or
struggle loosing mass amounts of equity in every loosing trade instead of loosing small amounts
and having big gains by letting a portion of your trade run to the end of the day or week. No should
risk more than 1% of their equity per trade. If a position is moving against you and is going to hit
our stop let it. Thats what its there for. Never move your stop unless you place in the wrong spot in
error. Move your stop to BE after about 20 pips in profit and let the trade run. Once the stop is BE
you have nothing to loose. If the trade falls back to your stop its no big deal just wait for the next
train and hop on. Lastly stick to a system. The idea is simple and works with many things in life.
First you go to school, then post secondary to train for a carreer then you start your life in whatever
you trained for. Theres no way you can have a carreer unless you spend years in school learning and
even then when you get a job you still need to learn more before your even any good at it. To
expand on this lets plant a seed in your brain. What would happen if you were bad at your job?
What would happen if you treated your job like you did your trading? Point being is that it take time
to become good at FX like anything else. Heres another thought. How well could you learn to do
any job/carreer if your switching professions 1 a month or every two weeks? Theres no way you
can be good at anything. Same goes with an FX method/system. If your changing every two weeks
or month how are you going to get any good at all in FX?

I will draw fibs on the 5min chart based on previous days high/low. A force signal of the previous
days fibs levels are a solid trade if you know how to use your fibs. Also if one draws their fibs on
the current days action in the direction of the current trend for the day you will have the same
results.

You are correct with your comments stated below. Im not suggesting that anyone really use them as
they just a self fullfilling prophecy if more than 50% of the market volume is actually paying
attention to them at the moment the price reaches the fib levels. If people are going to use them as I
see many comments regarding fibs in the chat I would like to make sure people actually know how
to use them. One could play a force signal off a fibs level the same as a bounce of a TL.

Hi,

In a continued effort to expand and always become a better trader I am releasing earlier than planed
an edition to the force setup family. Below are the details for the "force fibo scalper". This is a
method that has a 99.9% success rate of gaining at least 10 pips per trade over a three month testing
period. The idea is simple take bounce of fib levels based on previous days direction.

Details

- Use the force advanced signals as trade confirmation

- Draw fribs in the direction of the previous daily candle from low to high or vice versa
-trade full advanced signals of the respective fibs points
-take 80% profit at 10 pips set stop to BE and let the rest run as long as possible. Best time to close
the rest is on a signal in the opposite direction.
- SL is below fib level of bounce. I place mine at 10 pips and calculate the lot size to 1% according
stop vs entry.
There is a chart below for a visual.
The answer to your question is
simple. Trade in the direction of
the previous day or even simpler
if your not sure about the trade
or dont feel right about it dont
do anything. Instead observe
what happens. All trading setups
can be rated on a level of risk
and eventually you will se them
all. At that point you will know
what to do. For example
recently the price had bounced
of the weekly pivot. I wasnt sure if it would go up so I did not take that trade. What happened? The
price went back up to the daily high. At the moment it has stalled there. What happend was this. The
price made a daily high, retraced to 38% fib level. At the 38% fib level more than half the market
volume decided this was a good place to buy and now the price has gone back to todays high.
Result a solid trade. You can get them all however. I will probably miss about 1 or 2 good trades a
day wich equates to about 100 pips. To sum everything up I found that the PA around the WP to be a
little unstable. Prob due to contued bear pressure from recent lows. The short term range at the WP
turned me of to taking that long. From experience I find that its best to stay away from that sort of
PA.

Heres a quick note on adding to a position. First the reason I am writting this is because I just
received an email from a trader who keeps adding to their position on to loose more equity
because they dont do it in the proper fashion. Heres a quick set of rules to help everyone
along.
Rules to adding to a position

-You must have locked in profit

-only risk a max of 50% of your locked in profit. ie profit /2 / risk in pips vs 50% of your
locked in profit = lot size to add
-Close 80% of your add in at 10 pips and set stop to add in to BE and let the rest run.

Simple enough!

Nice bear move in progress atm. I suspect the price

will break todays low. Lets see what happens. Seems a
thought bulls still have some fight left in them but
only time will tell.

35 area is broken. Next support is the ds1 at the 2800

area. Lets see what happens.

All potitions closed on account that the

price stalled at yesterday low and Tokyo
has closed up shop for the day meaning
volume is now to low to make the price
move any lower. I will wait for the next
setup. +80 pips.

Nice trade here. I suspect this will the the

final bear move as the price turns at the
45 level on the TL connecting all the
lows. Lets see what happens. Although
another run at this level leads me to
believe that the bears are once again
trying to break this level.

The price is great position for

a nice move in any direction
today. Bull or Bear I think it
will be a good day for pips. If
you look at your charts you
can see the price is nearing the
end of a large symmetrical
Triangle.
Thats a nice trade setup. I would have
done the following which is my
standard format for all trades I take.
Enter trade and TP 50% at 10 pips,
30% at 20 pips and then set the stop to
BE and let the rest ride. In the case of
this trade I would have moved my
stop uder the support at 2905 once that
candle closed as shown in your chart
above. Not knwing the future this is
exaclty what I did for that trade which
started at 1:20 gmt during the Asian
session. I have taken your chart and
made some changes and have posted it
below to illustrate what I speak of. I hope this helps.