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Foreign exchange market

Profitable Forex Trading Systems: Introduction to TS SACS

Profitable Forex Trading Systems: Introduction to TS SACS

 

Most professional traders make their trading decisions basing on the readings of various technical indicators. All technical traders (especially those who use Meta Trader 4 or 5) face the problem of choosing good, reliable indicators.
 

 

 

The most popular standard indicators are:
 
·         Fibonacci levels
·         Moving averages (MAs)
·         RSI
·         Stochastic indicators etc
 
However, there are custom indicators. They are not built in the trading platform. They are developed by private users and can be integrated into the platform like Meta Trader 4 or 5.
 
 
SACS: Trading System Based On Custom Indicators
 
SACS stands for Special Automated Channel System. The system is developed by the experts of Masterforex-V Academy – Best Forex Training Project 2008-2011.
 
According to Eugene Antipenko, Chief of the Mid-Term Trading Department of Masterforex-V Academy, it is all about becoming a successful professional trader. Financial freedom is motivation. With SACS, it is really possible to trade Forex successfully. But firstly, it is necessary to take into account the following information:
 
·         Put aside all your previous knowledge because SACS is a self-sufficient and profitable trading system.
 
·         When organizing your trading environment, use a permanent set of indicators. No extra tools or other components are added during the process of learning and mastering the system. The only criteria that let students change their working environment are successful graduation and earning stable profit on а demo account.
 
·         Single-broker rule applies. Various brokers can give different quotes. In order to avoid misunderstanding or misinterpretation, all the students must open a demo trading account with the same broker.
 
SACS: Itroduction
 
The trading system is based on several custom indicators:
 
1.       ATEI.BI:

 

 

 

2.  ATEI.TRA:2.

 

 

 

3. Volatility Indicator. ATEI.SAKS.Channel:

 

 

4. ATEI.SAKS.Oscillator:

 

 

 

 

According to the developers, the hardest and most crucial thing about SACS is to learn how to analyze charts with different timeframes and to combine the information into a single picture for making correct trading decision. If you master these technique, you have passed 70% of your way to success!
 
In order to simplify the process, they use profiles in Meta Trader. A profile is some kind of a trading environment consisting of several charts with different timeframes and attached indicators and charting tools.
 
The working environment of SACS consists of 4 parts:
 
·         Major trend. Monthly chart.
·         Strategy. Daily chart.
·         Tactics. Н1 chart.
·         Decision making. М15 chart.
 
 
 
The introduction is over. In order to make a profile we will need the following tools:
 
·         New chart
·         Profiles
·         Window
·         Templates

 

 

 

 

 

 

 

Therefore, by utilizing the products developed by the Mid-Term Trading Department of Masterforex-V Academy, it is possible to become a professional who trades Forex successfully.
 
The next articles of the SACS series will be devoted to each of the indicators the SACS trading system is based on.
 
 
Market Leader and Masterforex-V Academy would appreciate if you could participate in a survey. Please, visit the Academy’s forum for traders and investors and answer the following question:
 
To your mind, what technical indicators are the most profitable?

 

 

 

You are free to discuss this article here:   forum for traders and investors

 

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Alpari Launches New ECN Accounts

Apparently, any Forex trader's success in trading currencies profitably depends on a number of crucial factors, including a reliable partner – a reputable Forex broker. The quality and flexibility of trading conditions offered and services rendered by such a broking company contributes a lot to long-term success in trading Forex professionally and efficiently. A reputable broking company is always a client-oriented company interested in its clients' success. Which means there is no conflict of interest between the Forex trader and the broker.
 
Publication date: 21 August 03:35 PM

Forex. EURUSD: Euro Starts Thursday From Strengthening Versus Dollar

 

Yesterday's trading session was entirely bearish. The currency pair was going down continuously, thereby setting new local lows one after another. The latest downswing was seen instantly after the FOMC published meeting minutes.
 
According to the minutes, the US economy is recovering at a moderate pace. The economic activity in the USA restored completely in Q2 2014. The American economy is currently seen more investment inflows as the US labor market has already recovered up to the pre-recession level.
Publication date: 21 August 06:42 AM

Forex: Dollar gains Value Against Other Majors After Fed Meeting Minutes

 

Yesterday, on August 20th, the US Dollar made a sharp increase against a basket of 6 other majors instantly after the Fed revealed its meeting minutes. The minutes read that the central bankers acknowledge higher inflation along with a better state of affairs in the US labor market.
Publication date: 21 August 06:23 AM

GBPUSD: Dollar Gains Value Versus Pound Mid Lower UK Housing Prices

 

The British housing market continues showing weakness in August. This is confirmed by the results of the survey conducted by Rightmove. According to the experts, the current weakness of the British housing market is mainly caused by higher demand coupled with lower housing prices in London. At this point, the average price of residential property has dropped down to 262 401 pounds. August's price drop is currently equal to 2,9%. This means that the bearish tendency started in July is still underway. It turns out that this month's drop is the biggest one seen by Rightmove.
 
Publication date: 19 August 11:59 AM

RVD Markets Starts 10% Bonus for Forex Investors and Managers

 

These days investment at Forex market is one of most perspective variants of investing one’s means. Owing to the fact that the international exchange market is the largest trading ground in the world with day-to-day turnover of several trillion dollars, as well as owing to its progressive innovative technologies, anyone can gain regular income at it.
Publication date: 19 August 09:55 AM

EURUSD Starts Trading Week With Decline

 

The common European currency is still trading within the scope of the 1.3358-1.3411 price range, formed on Friday, However, the price is currently going down to the bottom of the range while staying within its boundaries during today's European trading session.
 
Publication date: 18 August 05:02 AM

Concord Bay Offers Forex Traders to Become Co-owners of the Company

These days there seems to be no serious broker company at Forex market, which is not trying to become as closer as possible to its clients. As a rule, this concerns setting tighter relationships with traders by providing most profitable trading terms and developing various bonus and partner programs. According to specialists, at modern stage struggle for clients is a basis of competition between brokers.

Publication date: 17 August 05:33 PM

Masterforex-V Academy Expert On Choosing Reputable Brokers

Choosing a fair and reliable broker is essential for successful Forex trading on live accounts. A broker is a financial mediator helping you to reach the interbank liquidity.

 
Publication date: 15 August 12:33 PM

Masterforex- Expo: 25 Most Reputable Forex Brokers. August 2014

 

Today it is not that easy to find a reputable and reliable broker, which can be trusted 100%. A reliable trading partner is definitely as important as a profitable trading strategy along with trading skills and valuable knowledge. Indeed, does it really matter how good you are at Forex trading if your broker can let you down at any minute by giving you non-market quotes, order execution errors or by simply refusing to pay? The answer is obvious. Choosing a reputable Forex broker is one of the cornerstones of success in this risk but profitable human activity…
 
Publication date: 15 August 12:09 PM

International Association of Forex Traders (IAFT) – Your Source of Higher Forex Profits

The IAFT is the world's first official international association embracing thousands of Forex traders from all over the world. The union offers you a unique cash-back option! The IAFT's major goal is to found highly profitable and 100% secure trading conditions for trading currency markets. The company can actually ensure the industry's best conditions along with backing rebates for every single Forex transaction regardless of its profitability! The International Association of Forex Traders can actually be considered a truly reliable partner in every aspect of Forex trading!

 
Publication date: 15 August 10:31 AM