Monday, February 24, 2014

Cutting Open the Forex LST System - How it Really Works

Candlestick chart of EURUSD
Candlestick chart of EURUSD (Photo credit: Wikipedia)
Vladimir Ribakov’s Forex LST System is a simple system to follow based on the rules, but has complex engineering that makes it work so well. Let’s take a quick look inside of it...
First of all, it is a hybrid system. All this means is that unlike expert advisors that work by entering and closing trades based on specific rules or conditions, the Forex LST system has all the elements of an expert advisor, except that instead of entering a trade when conditions are met, it will show you an alert. You should then analyze the conditions of that alert based on the entry rules and decide whether to execute or not.

Those alerts are are triggered based on regular divergence, candle pattern formations and ATR price channel.

Let’s begin with the divergence indicator. A complex algorithm that determines only the extreme divergence, which is the “break” of harmony between the price candle trend and the MACD slope. It will show you the divergence by drawing a line above the candles involved and another one on the indicator, for the same period.

Then we have the candle pattern indicator. This will not show all the possible patterns on the chart. In all his years studying divergences, Vladimir has discovered that some candle patterns are better suited than others for trading divergences. In the Forex LST System, the prefered candle patterns are (in no particular order) engulfing, hammers and marobozus (for more information on candle patterns, you may download Vladimir’s free e-book “the Secret Meaning of Japanese Candlestick Patterns”, parts 1 and 2  here).

These patterns will filter out your entries, giving you the best chances of success. Once you have a divergence, it will look for a candle pattern for you. And once it has both conditions, it will alert you to the fact of a possible trade and display the nest indicator, the price channel.

The final indicator is a modified ATR channel indicator that will appear only when the candle pattern is present. This is the indicator you shall use with the HUMAN EYE FILTER, in conjunction with support and resistance areas, to determine that you have a good entry based on the rules. The rules expressly say to enter only if your take profit line is twice as far as your stop loss line is from the entry (1:2 ratio), which means that for every Dollar you risk, your take profit should be at least 2 Dollars.

These are three filters for the market, that when used properly, will keep your account healthy and growing.

But we want to make every effort possible not to be misleading. This is a great system that is profitable, but you will have occasional bad trades, and you need to be aware of this. How many? That depends on you and the market, but as long as you follow the rules, this system is so powerful that you could only make 40% of your trades correctly and still be profitable. Yes, that’s right. You can be profitable even if only 4 out of 10 trades are successful.

The Forex LST System has many additional features that will make your trading more adaptable to your style. You may drag horizontal lines onto your chart for determining stop loss and take profit points and once identified as such, you can simply drag them to new levels as you see fit.

It also has a money management feature to automatically calculate your lot size based on your percentage risk set in your preferences based on your stop loss line.

You will be able to select how precise you want the alert to be based on the rules by setting your level to “conservative”, “normal” or  “aggressive” style. the more aggressive (the more trades you will be alerted of, but your success rate may suffer as well).

Take the Forex LST System for a test ride. You will not be disappointed.

Click here to learn more
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Sunday, February 23, 2014

Forex LST System - Is It For Real?

English: Example of a Fibonacci retracement on...
English: Example of a Fibonacci retracement on the USD/CAD currency pair. Price retraced 38.2% of a move before continuing in the original direction. (Photo credit: Wikipedia)
You better believe it. Not only is the system for real, but during beta-testing stages, even the testers that achieved only 40% success rate with the trades they chose, ended up in profit.  This system is so powerful that even with a losing streak, at the end of the month you can end up profitable in your account.  Yes, you read this right... even after having chosen only 40% of the trades correctly, you can still end up profitable in the bank.

The math is quite simple: if for every trade that you risk 1 dollar, you aim to get at least 2 dollars, you could conceivably get one trade right out of every three and still break even!

And not only does it give you 3 options to adjust to your risk comfort: CONSERVATIVE, NORMAL and AGGRESSIVE, but it also clearly shows you what your profit target is expected to be, so you can quickly decide, based on your stop loss, if you have the 1:2 ratio required.

The system also comes with a built-in simulator for the user to practice the trades, getting their eyes used to what the best set-ups look like. This is a custom-built expert advisor that runs seamlessly in your MT4’s strategy tester.

But let’s be clear: you aren’t just buying a trading system. Its creator, Vladimir Ribakov - a World renowned divergence expert, will hold regular live webinars for all those that feel they need some clarification or may have additional questions. You will be able to ask Vladimir directly anything you need to know about the system.

But that’s not all... with outstanding customer support, live Skype room for the users, and the unconditional 60 Day Money Back Guarantee, you really have to try it. What have you got to lose?

Please understand something: Seven independent Beta-Testers were given the system along with a short video explanation on how to use it. After two weeks of running trades on the simulator and on demo accounts- and all of them showing profit - have all chosen to incorporate the system into their current trading toolbox.

You can be profitable as well. As long as you don’t deviate from the rules - and can handle occasional losing trades - there is absolutely no reason for you NOT to be profitable. The Forex LST Syatem is for real.
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Forex LST System - The Best Divergence-Based Hybrid Strategy

Example of RSI Indicator Divergence
Example of RSI Indicator Divergence (Photo credit: Wikipedia)
Fellow traders... We are about to witness what is known as a “game changer” in the industry. Vladimir Ribakov and his team have developed an alert system that is second to none. The Forex LST System incorporates the use of market divergences, combined with candle pattern formations and extreme price tunnel conditions that make this the best hybrid system in the market.

Independent backtesting by six experienced traders have shown this system to be both profitable and very successful.

But a word of caution - it is not infallible. Some of the signals will not be successful. If you are the type of trader that cannot handle occasional losses, please DO NOT BUY THIS PRODUCT. It is only realistic - all professional traders know that you cannot win them all... So if you are looking for that kind of system, I wish you luck.

The reality is that trading divergences alone is not enough. And trading candle patterns alone, isn’t enough either. And trading price peaks outside of an ATR price channel can be unsuccessful as well. But when you combine all three into one alert system like the Forex LST System, you are in effect putting your trades by a custom THREE FILTER PROCESS that in fact increases your chances of a good trade exponentially.

The team has devised and fine tuned this alert system with the ideal settings: all divergences are looked at, but only the extreme ones are marked on your chart, based on the very specific divergence parameters. Then they added the custom candle pattern formations indicator, where not all candle patterns are displayed, just the more reliable ones, based on where they occur within the price action. And finally, once all these conditions are met, and the system determines you have a good entry, it will display a price channel by which you will determine, based on where the channel tells you where price is likely to go, if your risk-reward ratio is at least 2:1 and you should take the trade.

Anyone knows that Vladimir is an expert trader and educator when it comes to divergences. It wasn’t enough for him to have the best divergence based alert system in the market. So he “sweetened the pot”. So to complete the package and to leave no doubt that it IS the best divergence based hybrid system ever made, Vlad and his team have included - at no additional cost to you- a simulator EA that runs on your MT4 strategy tester’s feature. With this EA you will be able to familiarize yourself with the strategy and the indicator, learn how to spot the best trades to maximize your profit potential in record time and doing it all before risking a real dime in the market.

This system was built with the beginner trader in mind, but is elaborate enough even for the most advanced trader. Not only will it make you money if traded by the rules of the system, but it will also give you an invaluable education along the way.

And after you purchase it, the level of support you will get from Vlad’s team will give you the comfort level you need to start making money in this business.


Click here to learn more.
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Tuesday, February 18, 2014

Six Reasons Why Forex LST System is Superior

Forex-sm (Photo credit: Wikipedia)
Vladimir Ribakov and his team have done it again. They have created and delivered another outstanding product for the forex market. This time it’s the Forex LST System, a hybrid alert robot. But leaving aside all the marketing hype... what really makes this such a superior product? Lets take an objective look at it:
1) It is based on a sound strategy: the occurrence of divergence in the market.

Divergence is something that happens regularly in the market that announces a trend correction or even a trend change. It’s a warning sign. And a very reliable one.
2) It incorporates a candle pattern recognition software.

This is an elaborate part of the whole robot that filters out the entries, allowing you to take advantage of the statistically better ones.

3) It gives you a price channel.

A clear projection where price is likely to go that allows you to determine instantly if the entry you are about to take makes sense based on risk and reward ratios.

4) It comes with an incorporated strategy tester robot.
This is a crucial and unique element in this package. The ability to run the strategy in MT4’s own strategy tester using historical data for the trader to be able to familiarize himself with the strategy. It will allow the trader to do it so much faster than running it on a demo account in real time, and allow him to practice as long as needed. We all learn at different speeds. The Forex LST System caters to exactly that.

5) Forex LST System works on any currency pair, on any time frame.

So many robots out there say they work only on this or that pair, or only on one time frame. Why limit yourself? The Forex LST System is based on divergences, and divergences do not discriminate based on pairs or time frames. The only thing the trader will have to keep in mind is that the lower the time frame, the more often a signal will occur, but the tighter the price channel will be. By contrast, the higher the time frame, the price channel will expand to more pips, but you won’t get entry signals as often.

But Forex LST System is not for everyone. We will warn you right now: It does not succeed in all its trades, and we will not promise such thing. BUT, since it is a statistical-based system, even if you took more losing trades than winning ones, you will end up in profit.

For those of you seeking for a system that only generates winning trades, please look elsewhere... and best of luck. Forex LST will protect your account by only recommending a 1:2 ratio (stop loss:profit target). In doing so, mathematically, you could lose 3 trades for every trade you win and still end up ahead.

If you stop and think about it, look beyond empty claims and promises made by other systems and compare, you will realize that Forex LST System is in a league of its own. This system will raise the bar of what other systems will have to offer to be competitive. This is a game changer. This is the Messi of forex.
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Advantages of Having a "Built-in" Forex Strategy Simulator

Anyone that is committed and serious about trading forex knows that you must test your strategy before you go “live” with it. Of course you could do the “kamikaze approach” and learn as you go... but we all know how that ends up 99% of the time: depleted accounts and piles and piles of frustration.

So you think you have a winning strategy... but the question remains: How do you test your strategy?

The MT4 is a complete platform which includes a strategy tester - the equivalent to a flight simulator for pilots-, but I think it is somewhat incorrectly labeled as such. Let me explain: It is a fabulous “robot” tester, but when it comes to testing manual strategies, it falls a bit short because not all indicators will work properly and some other important limitations. Or you could try scrolling back in live charts and say “oh... every time this indicator does that... the price drops like a ton of bricks”, with many new  traders not realizing that indicators will re-draw multiple times before they settle in one place, giving you very false expectations of a particular strategy using this ineffective method.

Another approach is to spend a couple hundred dollars and purchase a strategy tester in a box. But you still have to come up with a winning strategy!

Finally, we have the Forex LST System - a complete package that includes a built-in strategy tester that runs directly and seamlessly in your MT4 platform’s tester. It will allow you to practice as long as you need, on whatever time frame you choose, and whatever currency pair your broker carries, without having to worry about indicator repainting or consequences for making mistakes as you learn. It includes the ability to “fast-forward”” the chart along during the “idle” times until you receive a signal, at which point you can slow it down almost to a pause, analyze and study the situation and prepare yourself for what you are about to do - in other words, start training your eyes and your brain to be able to recognize what the strategy looks for and successfully execute the trades.

The rules for the Forex LST System are clear. But you need to practice to be able to gain the confidence to know that when you enter the trade, IT’S GOING TO WORK IN YOUR FAVOR. You will learn about favorable candle patterns, be able to spot right away good areas of support and resistance, and before you go “live” with the system, you will be able to look at one of the signals and know - right there, on the spot - if that will be a good entry or not according to the rules of the strategy.

It won’t take you very long to get to this point, either. With the strategy tester’s “fast forward” feature you can go through days of trading in only a matter of hours! It’s like putting years of experience under your belt in a virtually matter of days.

We all know the old saying “practice makes perfect”, and with the LST strategy tester you will have the tools to get several steps closer to that point!

To Learn More Follow this link:

Friday, February 7, 2014

I have discovered in my 48 years of living here on planet earth that it is not the job per-Se that gives people fortune but the person behind the job. If it is the job per-Se that gives people wealth, then all lawyers will be very wealthy, and that is why we have very rich lawyers and very poor ones. We have very rich doctors and very poor ones. There are some jobs we commonise and look down on, but these have landed some people into unusual degree of wealth. When I was growing up, the cobbler was a common man on the street that everybody looks down upon, it was so bad that many shoe menders are the lowest paid in the society, it was nothing but as they say, hand to mouth.

Today, some people turned the tide making themselves handsomely rich in the cobbler business and some of them rank among the richest in town. It does not matter what job you do, you can rank among the richest in town: my point is very simple, every job, and every business have equal opportunity to make people rich. The riches you see in people from their jobs is not from the job but from the inside of the man behind the job.

How Can I make My Job land Me millions?
Wealth Jar - Chinese New Year
Wealth Jar – Chinese New Year (Photo credit: Rayna.Ramsay)

Any job is good enough to make you a millionaire, but why are you not one, after-all you are working? The reason is that many people are working but they are not doing the job they really love and desire. You can very hardly become rich in any job or business you are doing unless you really love and desire it. When you do not love or desire the job, it becomes a chore, a duty, a must do. when your job is a chore, you cannot go far because every now and then you will get tired and fatigue. Since the job is not from your innermost desire, new ideas will not flow and the new innovation that makes way for riches will not come and so you will just be an average person making average income, I say God forbid. Those who love their jobs and are very enthusiastic about those jobs are the ones that get fresh ideas from God, they are the ones that are noticed and get the promotion.

My advise therefore, if the job you are presently doing is a chore, consider doing the things that you really love, you may want to start it on part time basis but by all means start it now.
When you do the job you love, it will cease to be a chore, it will be like play, as if you are not exerting any effort or strength. I have a brother who failed in every job that he got, we all talked about him that he was a lazy man. One day he became a real true born again christian, and from then on, he discovered that he had the call of God upon his life. This guy will pray so late to the middle of the night. He was lazy in everything, but it came to prayers, he was remarkably strong, today, he is a successful pastor of a big church, God has blessed him with a car and a personal house and he is increasing everyday. Doing what you love is a guarantee that you will be a high paying professional, and the truth is that it does not matter what profession. Another thing this does for you is that it helps you to live real long on earth, yes, its true. Doing the job you love helps you to live long on the earth and I want you to understand why. The happier you are the longer you are likely to live. This is a link to find a job, just Click Here!
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