ALG FOREX

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Strategy Explanation

Welcome to algforex.com

After you register at ALG Forex and you subscribe to at least one plan, you'll be allowed to see and hear My FOREX Intraday Strategy Signals.
Also you'll get Email Alerts for all posts made in "Signals" and "Lessons". You can configure your alert settings by going to "Members" and then "Email Alerts".
After your reading some "Lessons" you can keep up to date on the "Signals" page. You are able to hear Sound Signal just on this one page. You do not need to refresh or stare at the screen, before every important post I'll send a sound alert. Just keep the "Signals" page on.

 

My strategy


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My Strategy is based on strong levels of resistance and support where market makes reversions. When market makes reversion these levels of support and resistance are Pivots. In a few words, pivot point is a level in which the sentiment of traders and investors changes from bull to bear or vice versa. But if some level of resistance is broken it becomes level of support. Ex pivot no more exist like pivot. It became support. When you watch just one pair it could make you little confused, but if you have some possibility to watch some correlation between more relatively correlative pairs it's much easier. So we have 7 popular USD pairs, EUR, GBP, AUD, NZD, JPY, CAD and CHF. It means we have good possibility to wach how USD acts in market per 7 pairs.

 

Intraday Trading Strategy example.


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Everybody has a lot of different trading Strategies, and make a lot of different Entries. So, every 7-12 h I do My Intraday Strategy Update. It's my prediction as to where the market will go. For explanations I create Charts or write "Sell near" or "Buy near" where the market will make a reversion. This way I do not make Calls, but if it fits in your Strategy you can make Entry.

 

My Calls


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When Market fits in my Strategy I do my Call. These Calls have + - 7 pips accuracy, and I usually make them 2-5h beforehand. "I will Sell" or "I will Buy". Stops are usually at 7, but the target I'm looking for is at about 170 pips. Every one my Entry I see like four quarters (4 x 1/4 = 1). If I Bought or Sold it means that I'm able to close or add 1/4 of this all one unit.