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BY OCHADO OCHUKO ADOMI

Watching Video Training at www.fxmiracle.com/fxpips

It’s Adomi Ochuko from fxmiracle.com.

I want to share with you a powerful trading system that would help you bank enough pips weekly. If you follow this system religiously as I explain in this video; then be sure to be happy with yourself.

The system I’m about to reveal to you would help you in making money from any direction of the market. Watch this video as much as you can until you fully understand the entire concept I explain here. And if you have any question to ask, you may send me an email and I will be willing to respond to your questions.

They key to success in forex trading is maximizing profit, with minimum risk. Every other thing is commentary. If you fail to understand this success key of forex trading then you may never reach your goal of financial independence through forex trading. Trading forex with high risk will get your trading account wiped out fast. So before entering any trade, I want you to have this at the back of your mind. It would go a long way in helping you trade profitably.

The big question that may be running through your mind now is;

How Do I Maximize profits, With Minimum Risk?

The Answer is simple:

Good Money Management + A Winning Trading System

To me, money management comes first and it is the number one and most important factor to consider if you want to be a great trader. In fact, it is the hidden secret of success in forex trading. It’s quite amazing that few people talk about it, yet it is the integral component


that goes into the career of most successful forex trader. Few people consider money management before they enter a trade.

What then are the components of Good Money Management?

Your Account Size

Leverage

Risk Reward Ratio

Lot Size

Stop Loss

Etc

These components should be carefully calculated and considered when placing a trade. Your ability to understand this concept would go a long way in helping you become a successful forex trader.

Why must I take money management serious?

The Answer is….

To always key your risk under control.

The second factor to consider if you want to become a successful forex trader is to have a winning forex trading system. A system that would help you harvest pips from the forex market on steroid. A winning forex system makes you confident and helps you stay focused.

Today, I will be sharing with you one of my highly profitable technical trading systems for free.

I call this system, Winning Pips System. This forex strategy takes into account all market conditions. What this means is that you can make


money from the forex market if price is trending; moving in a defined direction and also you can harvest pips if the market is about to reverse. I will show you how to spot market reversal using the winning pips system and how to take advantage of every move from it. In this video, I would show you how to maximize profit with small risk. Just sit back and relax as I show you what it means to exploit a profitable forex trading strategy like Winning pips system, 100% FREE.

Now, let’s get to the nitty gritty of this system.

Before we proceed to dissecting the system for proper understanding and going through the step by step rules…let’s first take some time to study each segment and strategy used for this system.

The first segment we are going to study is how to use swing points to determine the direction of the trend. Swing points help us determine the overall direction of the trend. There is a popular slogan in forex trading and it is; the trend is your friend. What this simply means is that to make consistent profit in the market, always trade in the direction of the trend.

Trend simple means, the direction the market is heading to at a specific period of time. The trend may be heading up or heading down. Knowing the direction of the trend would always put you at a safer side of the market. One problem that many budding trader are faced with is how to determine the true direction of the trend. Let me explain the problem clearly, at times, the direction of the trend on the daily time frame of your chart may be heading up while on a lower time frame like the 4 hrs or 1hr chart, it may be heading down. This


problem may be confusing and if not well understood, can make a trader lose trade after trade.

Take A Look At the picture below to understand what I’m talking about.

The direction on the 4hr time frame is obviously down.


The Direction on the 1hr time frame is up.

From the pictures above, you can obviously see conflicting trend directions. If you take a look at the second chart; that is the 1 hr chart you will see that the second chart is gradually conforming to the direction of the 4hr time frame.

The big question in this case is….

How then I can I determine the correct direction of the trend and trade along to make profit?

The answer is simple:

Look at successive swing points’ direction on a higher time frame and align it with the trend direction on a lower time frame and you are good to go.

I’m not going to leave it, let me go further to explain what I mean.


Swing points are potential areas where the market turn and move briefly. There are formed with three bars.

Let take some example of swing points:

There are two types of swing point: Swing high and swing low.

A swing high is formed when a bar is preceded and succeeded by lower highs. The chart below explains better

A swing Low is formed when a bar is preceded and succeeded by higher lows. The chart below explains better


A combination of these swing points on a high time frame helps us to determine the actual direction of the trend. Please note that we do not trade these swing points in isolation. When we spot two or three swing points pointing in the same direction, we are set to enter the market and harvest pips. I will show you how to do this for FREE. Just pay attention. Swing points are very powerful. They can also be traded on lower time frames. But for the sake of this course, we will be focusing our attention on the higher time frames.

Identifying Trends Using Swing Points

When a trend is taking place in a forex pair, price movement will start to form peaks and troughs on the chart that you can trade successfully.

In an uptrend, price forms a series of higher highs and higher lows (i.e higher peaks and higher troughs).


In a down trend, price forms a series of lower highs and lower lows (i.e lower peaks and lower troughs).

How To Apply Swing Points To Our Trading


A combination of two or more swing points in an uptrend form what we call Higher Highs (HH) and higher lows (HL).

A combinations of two or more swing points in a down trend form what we call Lower Highs (LH) and Lower Lows (LL).

So to identify up trend in the upper time frame, we will be looking for HH and HL. To identify down trend, we will be looking for LH and LL.

I hope you understand this point? Good!!!

Let’s continue.

We are going to be using the zig zag indicator to determine swing high and swing low without wasting time.


As you can see in the picture above, the swing points have been identified by the indicator thus making it easy for us to determine swing points on the higher time frame before proceeding to make our decision.


The second Segment of the winning forex system is the application of indicators to help us determine the direction of the trend on the next time frame.

The forex winning system revolves round three powerful factors in forex and these factors must be put into consideration before executing a trade.

The question that you may want to ask is that what are these factors and how powerful are they for me to actually implement them in my trading.

The summary of it however is; this powerful system is based on the overall trend of the market, market moment and market turning points. These are the factors that every winning trader considers before making any trade decision. I urge you to also put that into consideration if you want to trade the forex market successfully.

Market direction and momentum can never be overlooked if actually you want to follow the direction of the trend.

Let me explain these principles briefly.

The principle behind trading successfully is to first determine:

1. The direction of the trend. If you can determine the direction of the trend accurately, then more often than not, you would always be successful when trading the forex market. Remember the slogan; the trend is your friend. When you trade in the direction of the trend, your trades would always go well because the market would comply with you. With this system we are going to make use of an indicator that spots the trend and prepare us to take a trade.

2. Another very important principle to learn is to determine the turning point of the market. This is very crucial. The reason why people fail in the forex market. Some traders enter the market when the trend is over and so they bit their finger when they see losses that would have been avoided.


In this trading system, I will show you how to spot the turning point in the market and show you how to take advantage of it fast before the market goes deep.

3. Another thing to keep in mind is the momentum of the market: What moves price in the forex market is momentum. Knowing when there is a momentum is the key to successful trading. Weak momentum signifies low volume of trades which translates into sideway movement. Trading when the market is moving side ways could be dangerous at times. With a proper understanding of momentum and how to apply it to your trading system, you will be riding the market and smiling as you follow the direction of the market.

The Purpose of this trading strategy is to incorporate these three major factors that determine consistent profit in the forex market. Based on my study and application of various indicators, I have come to discover three powerful trading indicators that meet the criteria needed for successful trading.

The three indicators are described below:

The Parabolic SARS(PSARS): This indicator helps to determine the turning point in the market. The best application of this indicator is when the market is trending. We are going to be using this indicator only when other technical indicators align to give us a uniform signal.


The Accelerator Oscillator(A.C): Before price behaviour changes in the market changes, the momentum changes and, even before the momentum, we see the change in the acceleration. The Accelerator oscillator determines beforehand a change in momentum before price movement. Knowing this before hand is the key to successful trading.


The Awesome Oscillator(A.O): This unique indicator determines market momentum, which eventually moves price.

Application of the Awesome oscillator:


The Awesome oscillator has three major applications. Join me as I explain these applications and show you how to use it to milking pips after pips from the forex market.

The first Application of the Awesome Oscillator: Change in the A.O colour:

A change in the colour of the A.O signifies a change in the direction of the market.

The A.O bar has two colours. Green and Red. A change of the A.O bar from Green to Red signifies a change in the direction of the market from a bullish trend to a bearish trend. A change from Red to Green signifies a change from Bearish to a Bullish trend. Having said that, this indicator should NOT be used in isolation. Before making any decision based on the A.O bar colour change, filter it by looking at other indicators and the overall direction of the market trend on a higher time frame. If you fully understand this application of the


awesome oscillator, you will be happy that you have learnt a valuable strategy.

Second Application of the awesome oscillator:

Change from positive to Negative.

The A.O bar is actually awesome in its application. This application of the awesome oscillator is very potent. Your understanding of this application would help you become a successful trader. Some good traders actually make their trading decision based on just this application of the awesome oscillator. Study it carefully. Who knows, this may be the turning point of your forex trading career with the discovery of this powerful tool.

Now let me explain how to use it.


Whenever the A.O bar moves from the positive zone (above zero line to the negative zone (below zero line), this signifies that the downward trend continues or a change in the direction of the market. If you are already in a sell trade when this happens, this is an excellent opportunity for you to add to your positions.

Whenever the A.O bar moves from the negative zone (below zero line to the positive zone (above zero line), this signifies that the upward trend continues or a change in the direction of the market. If you are already in a buy trade when this happens, this is an excellent opportunity for you to add to your positions.

Using The Awesome Oscillator to Determine Divergence

Usually when there is a correction on the larger trend, you would see a reversal on the smaller time frame. This reversal movement can be detected by using Divergence trading. The Awesome oscillator is an excellent tool that can be used to determine market divergence with


ease. Before I continue, I think it would be nice for me to tell you what divergence is.

Divergence simply means that price and the technical indicator (awesome oscillator) are going in opposite directions.

For example, let’s open up a chart and see what I mean

We see that the price is on a downtrend, meanwhile the Awesome Oscillator indicator is on the uptrend. So we possibly detect a divergence in this situation. The divergence or the actual reversal signal happens when A.O bar changes from red to green. We will be taking our trade at the end of the bar.

Let’s take another example…


In this example, price reversed from up trend to down trend. This reversal movement was detected by the A.O divergence signal accurately.

I have taken my time to discuss the two major segments that form the winning pips system.

Now that that we have know the individual ingredients that constitute the winning pips system, lets forge ahead to understand the step by step trading rules and actual application.

Because you would be trading against the trend, it’s recommended that you exit your trade as fast as possible and don’t keep the trade open for long time.


The three indicators described above are used to catch the early trend of the market. However it is very important that you know the direction of the trend first before applying this system. That would go a long way in helping you make profitable trades.

Just follow this system as they are explained below and you would say bye bye to loss in your trading account. I promise to make this system very simple to understand. Just pay close attention to it.

Step By Step Trading Rules Of The Winning Pips System

I will be using Meta trader platform to explain this strategy systematically. This does not mean that the system can’t be applied on other platforms. However if you are trading on a platform that does not support Mt4 indicators and templates, you can install metatrader on your computer for the sole purpose of generating signals that you can place on your broker platform.

Download the template file used for this system below.Next, copy the template winningpips.tpl and paste it in the template folder of your trading platform.

Phew!!! We are good to go.

To display the system indicators onto your chart, right click on your mt4 chart then choose: Template >>>> winningpips – just like this! Now your chart should look like this one:


Now everything is ready so let’s start trading!

This system works well for all currency pairs and all time frames. However, from experience and back testing, you would get excellent result from the 1 hour time frame or higher.

Currency pairs that give favorable results are GBPUSD, EURUSD, AUDUSD and EURJPY.

In this video, I would be demonstrating this strategy using the GBPUSD, because I love it so much. This pair is my forex bread and butter. The forex miracle trading system works wonders trading with this pair. If you are disciplined enough, you may want to trade only the GBPUSD with this strategy.


TRADING STEPS: Step 1:

The first rule for trading this system is to first of all determine the direction of the trend on a higher time frame. The time frame we would be looking at for trend determination is the 4hr chart.

I have explained how to determine the trend direction before. However for the sake of emphasis, let me go over it again.

Look at the 4hr time frame and look out for two or three successive swing points descending (down trend) or ascending (up trend). If the swing points are more than three, then be ready to make enough profit.

Look at this chart to understand what I mean.


Step 2

After knowing the direction of the trend:

The next step is to look out for the alignment of the parabolic sars, the awesome oscillator and the accelerator oscillator on the 1 hr time frame. Since we are confident of the direction of the market, we would trade without fear because we are in alignment with the trend.

Don’t you think so?


Rules For A Sell Trade

Look at the 4hr time frame and look out for two or three successive swing points descending (down trend).


Step 2:

The PSAR dot must be ABOVE the current signal candle (The signal candle is the candle at which all conditions came together to give us an entry signal).

AO must turns RED AC must turns RED

If all 3 conditions are met, enter a SHORT trade at the close of the Entry candle.

The best signal is when all indicators line up on the same candle. (AO just turned from GREEN to RED, PSAR just changed position.

STOP LOSS:

Set Stop Loss at the preceding swing high before the entry candle.


Set Take Profit to the same amount of pips as Stop Loss. For example if your stop loss is 40 pips from entry, you take profit target would be 4o pipss

Alternatively, you can ride the trend until both the PSARS changes direction and the AO with AC change color (to GREEN).

As you can see from the chart, price is almost screaming “SELL NOW”

TRADING RULES FOR A BUY TRADE

Rules For A Buy Trade Look at the 4hr time frame and look out for two or three successive swing points ascending (up trend).


Step 2:

The PSAR dot must be BELOW the current signal candle (The signal candle is the candle at which all conditions came together to give us an entry signal).

AO must turns GREEN AC must turns GREEN

If all 3 conditions are met, enter a LONG trade at the close of the Entry candle.

The best signal is when all indicators line up on the same candle. (AO just turned from RE to GREEN, PSAR just changed position.

STOP LOSS:

Set Stop Loss at the preceding swing low before the entry candle.

Set Take Profit to the same amount of pips as Stop Loss. For example if your stop loss is 40 pips from entry, you take profit target would be 4o pips

Alternatively, you can ride the trend until both the PSARS changes direction and the AO with AC change color (to RED).


I Hope you understand how this system works now?

If yes, good.

N our next video tutorial wish will be sent to you few days from now, I will show you live trading examples so you can understand this system much better. So please stay tuned for the next training video in the series.

I hope you enjoy this video. In this video, I have just share with you a powerful strategy that works wonders. If you stay discipline to trading this system, you will be happy with yourself. This is just a small gift from me to you, to show that I really want to help you make profits from forex trading. In the next few days I’ll be sharing with you a much more powerful forex trading system and software that will improve your trading profits much more than ever! Thank you for your attention!

Money Management o It very necessary that you demo trade this system first and master it like

the back of your hand before committing money to trading it live. This would help you remain consistently profitable.

o All Trades must be closed before major news releases.


o The maximum percent of your account you should risk is 2%. If you are taking more than a pair while trading, make sure all of them round off to 2%.

Some Important Note

No system is perfect, so please expect a few losses sometimes. Remember this is just a free gift from us, so we don’t teach everything here. This is to just give you a small taste of how a profitable trading system should look like.

I hope you put this simple system into action and see some small but consistent profits on your way!

If you have not subscribed for this system, you may visit www.fxmiracle.com and subscribe as soon as possible. Thanks.

For question, trading idea etc you may call me at +2348034137378.

Email:[email protected]

Improve your trading performance daily by taking advantage of our accurate forex trading signals.

Signals would be sent directly to your phone, giving you the opportunity never to miss winning trades.

We analyse the market and look out for laser sharp forex signals. All you have to do is execute the signals we generated and bank pips after pips.

For details about our signals, you may visit www.forexrescue.com.

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by ochado ochuko adomi - a wp sitefxmiracle.com/fxpips/winning_pips_system.pdfit’s adomi ochuko...

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