Raoul Wayne - Forex EarthQuake Trading System (forexearthquake.com)
The Forex Earthquake Trading Method
If you are looking for a trading “system” or method that consistently wins (in the
neighborhood of 80% of the time) while at the same time allows you to limit your loss
exposure on the few losing trades to a negligible few pips, then you’ve found exactly
what you are looking for in the Forex Earthquake method.
A word of caution, though. This is not a trading method you can automate using trading
software. It requires you to use a little independent thought and logic. But believe me,
it’s not complicated in the least, and once you’ve spent just a few minutes studying the
charts I’ve included, you’ll be as much of an expert in using this system as anyone else
on the planet.
In the past few months, I have jettisoned all my other trading systems in favor of using
his one method exclusively. Aside from the amazing consistency it provides, it also
involves a particular “chart setup” that occurs as often as 2-3 times per day on virtually
every single trading pair.
So if I’m looking to make a lot of trades in a day, this method provides that opportunity.
If I’m only looking to make 1-2 trades a day, I can focus on a single pair and wait for the
setup to develop, or trade a couple of pairs at one time, bank my profit, and call it a day.
And the best part of using this method is that it works no matter what the market
conditions might be: volatile or ranging. The only difference in the two is that volatile
times usually allow you to make more pips on a trade, while ranging markets are a bit
stingier in giving up pips.
So let’s get into the meat of the matter. Here’s how you are going to become the most
successful and profitable Forex trader you know.
To start, open your trading platform and open a 30 minute chart, using a pair of your
choice. This system will work well on 1 hour and 4 hour charts as well, but I’ve found
the 30 minute charts give me more trading opportunities while at the same time providing
me with about 8 winning trades for every 10 I enter.