Forex Day Monster is designed for the trader who likes to trade smaller time frames like 5, 15 and 30 minute charts. Three new proprietary indicators were developed for use with this system.

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Like Forex Profit Monster, Forex Day Monster is a custom day trading system designed for the free MT4 professional trading platform.

If you do not have the MT4 platform, you can download it for free from here or through any of dozens of brokers that support the platform.

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Below are some screenshots of the system in action. The first picture shows you generally how the system works: Forex system - FOREX DAY MONSTER.

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The entry criteria is simple As you can see, there is no discretion involved forex day trading system forex profit monster how to enter a trade, but there is a little involved in how to exit a trade. These include indicator based strategies like shown above.

Just like in Forex Profit Monster you can choose to use Support or Resistance as an exit strategy. See how Forex Day Monster filters out some bad entries and quickly identifies a newly established trend?

FOREX DAY MONSTER SYSTEM + FOREX PROFIT MONSTER SYSTEM | Metatrader Indicator and Systems | Pinterest | Foods, Stuff to buy and Trading strategies

And unlike other day trading systems, you won't be overtrading. Even though this is a short term system, you javascript code to get radio button checked value only get valid signals a day trading the higher volume hours of just before and during the European session and during the New York session 2 am to 5 pm EST.

Forex Day Monster also keeps the losing trades small You've always heard the advice "minimize your losses and let your winners run" but you didn't know how to do it, especially day trading? Forex Day Monster does it for you! What about stop losses?

Forex Day Monster uses a "safety stop" like Forex Profit Monster Here's an example of where a stop is set in the chart below. Again, this isn't a traditional stop loss It's not designed to be hit; all exit signals are to be generated by the Forex Day Monster system.

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