The Good Vibrations Forex Trading System Works On The 5 Minute Bar Charts And Uses No Indicators!on October 9, 2011 at 12:14 pm
The Good Vibrations Forex Trading System uses an unusual trading technique to generate high probability trades and is not a get rich quick system. Understanding the Good Vibrations Forex Trading System does require some level of experience in trading the forex market. So, if you are a new trader just starting with your forex career, the Good Vibrations Forex Trading System might not be for you. But if you are a trader who has got some experience of forex trading, then read on and discover how the Good Vibrations Forex Trading System can improve your trading drastically.
What Are Forex Market’s Good Vibrations?
Let us first explain what are these good vibrations in the forex market. Just like when you sleep, your heart beat slows down and when you are jogging or doing exercise in the gym, your heart beat becomes fast. In the same manner, forex market tends to behave like a living organism. Forex market likes to take the weekends and public holidays. Just like us, the forex market has a daily routine that involves sleeping, taking naps during the day and then becoming active and after that again relaxing.
In nutshell, the currency market tends to behave like a dynamic living organism where the price level never stay still. So, the markets are inherently volatile. Vibration levels are the ranges in which the currency pairs trade from day to day and from hour to hour. The good thing is that using the information that is available on the currency pair trading ranges, you can quantify these vibration levels.
Novice traders tend to think that the price action moves in straight lines. On the other hand, experienced traders often start to visualize price action in terms of the candlestick charts and often develop range blindness. What this means is that most experienced traders tend to see the price action in terms of the candle bodies and ignore the wicks or only see the extreme wicks. This good vibrations forex technique is going to finally explain to you why the same day trading technique doesn’t work all the time.
The Good Vibration Forex Trading
The Good Vibrations Forex Trading System eBook is going to show you how to setup the vibration charts. These vibration charts will show you the best good vibration times of the day plus how to determine the take profit and stop loss targets for each trade. Interestingly, you don’t need any indicators to trade these good vibrations on any currency pairs. You can use a bar chart on the 5 minute time frame to trade these good vibrations. Using the Good Vibrations Forex Trading System, you get 1-3 trading opportunities every hour. The stop loss can vary from 12 pips to 50 pips depending on the vibration rate at that time of the day. This system uses no indicators at all and can be used on any broker platform. The Good Vibrations Forex Trading System eBook is supported with videos and plenty of examples to make the concept clear to you. The Good Vibrations Forex Trading System works in both a ranging as well as trending market. You can also read the raving reviews of the traders who used this system. You can try the Good Vibrations Forex Trading System RISK FREE for 60 days!