Damon Elliott – Piptastic
Salepage : Damon Elliott – Piptastic
Arichive : Damon Elliott – Piptastic
Description
Include :
Damon Elliott – FTSE Evening Trader System 3.7 MB
Damon Elliott – FTSE Trading Strategies Exposed 5.4 MB
FTSE Strategies Exposed
This manual (33 pages) opens with a focus on Damon’s background, Spread-betting (how it all works) and then Strategies (and why most of them don’t work). All useful information to those new or relatively new to trading.
Damon also reveals the system (that is not his) that he uses which “works consistently every day to take 15 pips profit every day”. We have asked Damon for permission and he is happy that we mention that it is the Markets Mastered/S&P Evening Trader system. Our previous review of this system can be found here.
Damon then explains his own system which he uses “every single day to earn 10/20 pips before 11:30″ which also incorporates the “one thing you can apply to any strategy to reduce up to 95% of losing trades”. The system is based on a 5 minute FTSE chart using a MACD with custom settings and price action around Pivot points with various options for Stop loss settings as well as Targets. This is a reasonable common sense strategy with a sound introduction to the various Stop and Target options one can/has to consider when trading lower time-frames (15 minutes or less). As part of Damon’s Daily updates (by email) he lists the outcome for each option every day as well as screen shots (with commentary) of the day’s Price action.
FTSE Evening Trader
This 27 page manual is, in essence a re-iteration of much of the trading information contained in the FTSE Strategies Exposed manual. It basically provides a little more detail on Damon’s FTSE system (see above) which he uses again (from around 16:30 (UK Local time)) to take 10-20 pips each evening. Again, results are included in the Daily updates.
What is forex trading?
Forex, or foreign exchange, can be explained as a network of buyers and sellers, who transfer currency between each other at an agreed price. It is the means by which individuals, companies and central banks convert one currency into another – if you have ever travelled abroad, then it is likely you have made a forex transaction.
While a lot of foreign exchange is done for practical purposes, the vast majority of currency conversion is undertaken with the aim of earning a profit. The amount of currency converted every day can make price movements of some currencies extremely volatile. It is this volatility that can make forex so attractive to traders: bringing about a greater chance of high profits, while also increasing the risk.
Damon Elliott – Piptastic
Readmore About : Damon Elliott
Reviews
There are no reviews yet.