PlayingForex.Com | Learn to Trade for Profits EVERYTIME

High probability trading in Forex is basically about getting into position when your probability of making a profit is high. So no matter whether you are a long term or a short term trader, you would always like to be in such a position where you end up getting a profit.

Though it may sound very obvious but it happens that traders do not consider the probability factor while trading, though doing which is very easy and could result in them becoming much more selective regarding their trading, hence more profitable.

What you should do is rate every potential trade on a scale of 1 to 10 according to your intuition that a particular trade will win. For example: you are thinking of going into a short position while you have the technical indicator backing you up strongly, then you have good chances of winning and you might rate it 9 or sometimes even 10 on 10.

Therefore it’s a good idea to get into such a trade because the chances of your winning are quite high. However if the technical indicators have some sort of conflicts among themselves, then the trade should only be rated a maximum 6 out of 10 i.e. it would be better not to trade.

So it’s better to make use of this system and trade positions that you have assigned more than or equal to 8. This makes sure that there are more chances of your winning than losing. It would also be better to adapt a 4 or 5 hour trading strategy because it highlights those EMA crossovers that are mostly 8 or even more out of 10, which are based on the past results. So again the success rate is quite high. For the same reason you should not trade off of these 5 minutes charts because you will hardly find trades with which you can be confident. Almost every trade is a borderline case therefore you get a maximum 6 out of 10.

So whenever you trade with Forex, make sure that you rate every trade that you try on a scale of 1 to 10 regarding its probability of winning, and trade only those coming in at 8 or more. This will increase your win ratio and also your profits by a considerable value.

I recommend GTI for their awesome support and high spread. If you are starting for forex or even a pro, GTI has to be your best choice.

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