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WHAT ARE FOREX SIGNALS?

Forex signals are buy and sell trade alerts, which are sent to the paid subscriber’s e-mails or cell phones. Using such service is ideal for new traders who are not confident in their own skills or for the busy, more experienced Forex players who do not have the time to analyze and monitor the market.

QUOTE OF THE DAY

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"Growth is painful. Change is painful. But nothing is as painful as staying stuck somewhere you don’t belong."

By Mandy Hale

FOREX THEORY

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Bollinger Bands in a Ranging Market

In essence, Bollinger bands contract when there is less volatility in the market and expand when there is more volatility. Because of that, Bollinger bands provide a good tool for breakout strategies.

When the bands are thin and contracted, volatility is low and there should be little movement of price in one direction. However, when bands start to expand, volatility is increasing and more movement of price in one direction is likely.

Generally, range trading environments will contain somewhat narrow bands compared to wide bands and form horizontally. In this case, we can see that the Bollinger bands are contracted, as price is just moving within a tight range.

The basic idea of a range-bound strategy is that a currency pair has a high and low price that it normally trades between.

QUOTE OF THE DAY

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"The greatest souls are awakened out of suffering. The most impressive personalities endure many scars."

By Unknown Author.

HOW DR.HARIHARAN HELPED THE CLIENTS TO EARN MONEY

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QUOTE OF THE DAY

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"Life’s challenges are not supposed to paralyze you, they’re supposed to help you discover who you are."

By Bernice Reagon.

FOREX THEORY

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ADX in a Ranging Market

One way to determine if the market is ranging is to use the same ADX that we discussed earlier. A market is said to be ranging when the ADX is below 25. Remember, as the value of the ADX diminishes, the weaker trend is.

QUOTE OF THE DAY

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"Believe in yourself! Have faith in your abilities! Without a humble but reasonable confidence in your own powers you cannot be successful or happy."

By Norman Vincent Peale.

FOREX THEORY

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What is a Ranging Market?

A ranging market is one in which price bounces in between a specific high price and low price. The high price acts as a major resistance level in which price can’t seem to break through.

Likewise, the low price acts as major support level in which price can’t seem to break as well. Market movement could be classified as horizontal or sideways.

QUOTE OF THE DAY

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"Be yourself, no matter what other people think. God made you the way you are for a reason. Besides, an original is always worth more than a copy."

By Unknown Author.

“YOUR WEALTH IS OUR HEALTH”

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WHAT CURRENCY PAIRS ARE TRADED?

EUR/USD (Frequent)

GBP/JPY (Swing Trades Only)

GBP/USD (Swing Trades Only)

USD/CHF (Swing Trades Only)

EUR/JPY (Swing Trades Only)

QUOTE OF THE DAY

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"You can change what you are and where you are by changing what goes into your mind."

By Zig Ziglar

FOREX THEORY

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Bollinger Bands in a Trending Market Part 2

Bollinger bands actually contain the standard deviation formula. But don’t worry about being a nerd and figuring out what that is.

Here’s how we can use Bollinger bands to determine the trend! Prepare for the craziness.

Place Bollinger bands with a standard deviation of 1 and another set of bands with a standard deviation of 2. 

You will see three set of price zones: the sell zone, the buy zone, and the “No-man’s Land.”

The sell zone is the area between the two bottom bands of the standard deviation 1 (SD 1) and standard deviation 2 (SD 2) bands. Bear in mind that price has to close within the bands in order to be considered in the sell zone.

The buy zone is the area between the two top bands of the SD 1 and SD 2 bands. Like the sell zone, price has to close within the two bands in order to be considered in the buy zone.

The area in between the standard deviation 1 bands is an area in which the market struggles to find direction. 

Price will close within this area if price is really in “No-Man’s Land”. Price direction is pretty much up for grabs.

The Bollinger bands make it easier to confirm a trend visually.

Downtrends can be confirmed when price is in the sell zone.

Uptrends can be confirmed when price is in the buy zone.

QUOTE OF THE DAY

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"Do not judge me by my successes, judge me by now many times I fell down and got back up again."

By Nelson Mandela.

ABOUT SSL FXGURU’S SERVICES

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QUOTE OF THE DAY

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"The most authentic thing about us is our capacity to create, to overcome, to endure, to transform, to love and to be greater than our suffering."

By Ben Okri.

FOREX THEORY

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Bollinger Bands in a Trending Market

One tool that is often used for range-bound strategies can also be helpful in trend discovery. We’re talking about Bollinger bands or just Bands.

One thing you should know about trends is that they are actually quite rare. Contrary to what you might think, prices really range 70-80 percent of the time. In other words, it is the norm for price to range.

So, if prices deviate from the “norm” then they must be in a trend right? What is one of the best technical tools we have mentioned in the previous grades that measure deviation?

If you said a ruler, we give you mad props for effort.

If you said Bollinger bands, we’ll give you cyber milk and cookies! Here, take some.

QUOTE OF THE DAY

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"We all have two lives. The second one starts when we realize that we only have one."

By Tom Hiddleton.

FOREX THEORY

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Moving Averages in a Trending Market

If you’re not a fan of the ADX, you can also make use of simple moving averages. Check this out!

Place a 7 period, a 20 period, and a 65 period Simple Moving Average on your chart. Then, wait until the three SMA’s compress together and begin to fan out.

If the 7 period SMA fans out on top of the 20 period SMA, and the 20 SMA on top of the 65 SMA, then price is trending up.

On the other hand, if the 7 period SMA fans out below the 20 period SMA, and the 20 SMA is below the 65 SMA, then price is trending down.

QUOTE OF THE DAY

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"The root of suffering is attachement."

By The Buddha.

“YOUR WEALTH IS OUR HEALTH”

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WHY SSL FXGURU SERVICES?

This is a real time 100% MONEY BACK GUARANTEE SYSTEM for Serious Traders who want to generate consistent profits with the guidance of strategies and  signals given by Dr.Hari & Dr.Vani through SMS. SSL FXGURU started its services and published its website, blogs and social media pages and groups with only ONE AIM for ALL  and that is:

SSL FXGURU will create 1 Million Millionaires Around The World by 2020 by trading FOREX and each Millionaire will donate 10% of the Profits to Charity.

QUOTE OF THE DAY

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"You have made some mistakes, and you may not be where you want to be, but that ha nothing to do with your future."

By Zig Ziglar

QUOTE OF THE DAY

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"If people aren’t laughing at your dreams, your dreams aren’t big enough."

By Robin Sharma.

ABOUT DR.HARI FOUNDER OF SSL FXGURU

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QUOTE OF THE DAY

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"What you allow is what will continue."

By Unknown Author.

FOREX THEORY

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ADX in a Trending Market

A way to determine if the market is trending is through the use of the Average Directional Index indicator or ADX for short.

Developed by J. Welles Wilder, this indicator uses values ranging from 0-100 to determine if price is moving strongly in one direction, i.e. trending, or simply ranging.

Values more than 25 usually indicate that price is trending or is already in a strong trend.

The higher the number is, the stronger the trend.

However, the ADX is a lagging indicator which means that it doesn’t necessarily predict the future. It also is a non-directional indicator, which means it will report a positive figure whether price is trending up or down.

Take a look at this example. Price is clearly trending downwards even though ADX is greater than 25.

QUOTE OF THE DAY

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"Letting go of the need for everyone to like us will bring a fabulous feeling of freedom and give us the confidence to be ourselves."

By Lynda Field.

FOREX THEORY

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What is a Trending Market?

A trending market is one in which price is generally moving in one direction.

Sure, price may go against the trend every now and then, but looking at the longer time frames would show that those were just retracements.

Trends are usually noted by “higher highs” and “higher lows” in an uptrend and “lower highs” and “lower lows” in a downtrend.

When trading a trend-based strategy, traders usually pick the major currencies as well as any other currency utilizing the dollar because these pairs tend to trend and be more liquid than other pairs.

Liquidity is important in trend-based strategies. The more liquid a currency pair, the more movement (a. k. a. volatility) we can expect.

Check out Huck’s EUR/USD win from following the trend.

The more movement a currency exhibits, the more opportunities there are for price to move strongly in one direction as opposed to bouncing around within small ranges.

Other than eyeballing price action, you can also make use of technical tools you have learned in previous sections to determine whether a currency pair is trending or not.

QUOTE OF THE DAY

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"One’s dignity may be assaulted, vandalized and cruelly mocked, but it can never be taken away unless it is surrendered."

By Michael J.Fox.

“YOUR WEALTH IS OUR HEALTH”

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ABOUT  SSL  FXGURU

1. WHO ARE WE?

Welcome to SSL FXGURU. Our mission is to provide the highest quality Forex services for traders. We pride ourselves with excellence in Forex education and as providers of Forex signals and mobile alerts. We will help you to make your money but you must promise to do 3 things:

Trade only with our signal following our money management and risk management techniques.

Send in your monthly statement to us to help you monitor your account to avoid over trading and margin call.

Donate 10% of your profit with every withdrawal you make and mail us your receipts as we will help you make at least USD300,000.00 in 10 years.

QUOTE OF THE DAY

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"Keep following your dreams and one day they will lead you where you dreamed to be."

By Marinela Reka

FOREX THEORY

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Trendspotting (PART 2)

Is it time to bust out those Fibs and look for retracements? Or are ranges holding?

Just as the coach comes up with different plays for particular situations or opponents, you should also be able to decide which strategy to use depending on market environment.

By knowing what market environment we are trading in, we can choose a trend-based strategy in a trending market or a range-bound strategy in a ranging market.

Are you worried about not getting to use your beastly range-bound strategy? How about your Bring-Home-Da-Bacon trend-based system?

Have no fear!

The forex market provides many trending and ranging opportunities across different time frames wherein these strategies can be implemented.

By knowing which strategies are appropriate, you will find it easier to figure out which indicators to pull out from your toolbox.

For instance, Fibs and trend lines are useful in trending markets while pivot points, support and resistance levels are helpful when the market is ranging.

Before spotting those opportunities, you have to be able to determine the market environment. The state of the market can be classified into three scenarios:

-Trending up

-Trending down

-Ranging

QUOTE OF THE DAY

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"People do not wander around and then find themselves at the top Mount Everest. You hit what you aim at, and if you aim at nothing you will hit it every time."

By Zig Ziglar.

BENEFITS OF JOINING SSL FXGURU

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QUOTE OF THE DAY

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"When we help others, we are helping ourselves. Every single time you help somebody stand up, you are helping humanity rise."

By Dr. Steve Maraboli.

FOREX THEORY

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Trendspotting

When two people go to war, the foolish man always rushes blindly into battle without a plan, much like a starving man at his favorite buffet spot.

The wise man, on the other hand, will always get a situation report first to know the surrounding conditions that could affect how the battle plays out.

Like in warfare, we must also get a situation report on the market we are trading. This means we need to know what kind of market environment we are actually in. Some traders cry saying that their system sucks.

Sometimes the system does in fact, suck. Other times, the system is potentially profitable, but it is being utilized in the wrong environment.

Seasoned traders try to figure out the appropriate strategy for the current market environment they are trading in.

QUOTE OF THE DAY

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"If a train doesn’t stop at your station, then it’s not your train."

By Marianne Williamson.

FOREX THEORY

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Summary: Divergences

Divergences don’t appear that often, but when they do appear, it’d behoove you to pay attention.

Regular divergences can help you collect a big chunk of profit because you’re able to get in right when the trend changes.

Hidden divergences can help you ride a trade longer resulting in bigger-than-expected profits by keeping you on the correct side of a trend.

The trick is to train your eye to spot divergences when they appear AND choose the proper divergences to trade.

Just because you see a divergence, it doesn’t necessarily mean you should automatically jump in with a position. Cherry pick your setups and you’ll do well.

QUOTE OF THE DAY

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"You never know how strong you are, until being strong is your only choice."

By Bob Marley.

"YOUR WEALTH IS OUR HEALTH"

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ABOUT  SSL  FXGURU

SSL FXGURU allows you to set and forget forex signals

Set and forget forex signals. Trading with set and forget forex signals has many advantages:

        I.            Trade the Forex Market without spending more than 10 minutes a day

      II.            Trading with set and forget Forex Signals allows you to trade the Forex Market while keeping your daily job. You just need to set the trading signals in your computer or mobile when you receive our SMS and you're done.

    III.            Keep out the emotional stress

    IV.            Trading with set and forget forex signals helps take out the emotional pressure that leads usually to over trading.
      V.            Our Forex Trading System gives you a Money Back Guarantee Policy (Terms & Conditions apply)

QUOTE OF THE DAY

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"It’s your road, and yours alone. Others may walk it with you, but no one can walk it for you."

By Rumi

QUOTE OF THE DAY

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"Hope is the power that gives a person the confidence to step out and try."

By Zig Ziglar.

SSL FXGURU IN ACTION

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QUOTE OF THE DAY

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"Surround yourself with people who are going to take you higher."

By Oprah Winfrey.