{"id":13657,"date":"2017-08-01T11:12:08","date_gmt":"2017-08-01T18:12:08","guid":{"rendered":"https:\/\/www.tradingheroes.com\/?p=13657"},"modified":"2024-03-18T16:06:42","modified_gmt":"2024-03-18T23:06:42","slug":"9-forex-trading-systems-resources","status":"publish","type":"post","link":"https:\/\/www.tradingheroes.com\/9-forex-trading-systems-resources\/","title":{"rendered":"9 of the Best Resources for Forex Trading Systems"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-13666\" src=\"https:\/\/www.tradingheroes.com\/wp-content\/uploads\/computer-2.jpg\" alt=\"Trading systems\" width=\"1200\" height=\"600\" srcset=\"https:\/\/www.tradingheroes.com\/wp-content\/uploads\/computer-2.jpg 1200w, https:\/\/www.tradingheroes.com\/wp-content\/uploads\/computer-2-768x384.jpg 768w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p>If you have been trying to figure out where to get some good Forex trading systems, this blog post will point you in the right direction. I don't recommend any system in particular, because what works for me, probably won't work for you.<\/p>\n<p>&#8230;and vice versa.<\/p>\n<p>So whenever you are selecting a trading system to test, remember the<strong> Trading Heroes Trifecta<\/strong>:<\/p>\n<ul>\n<li>Does it match <a href=\"https:\/\/www.tradingheroes.com\/what-is-your-trading-personality-timeframe\/\">your timeframe personality<\/a>?<\/li>\n<li>Does it match your <a href=\"https:\/\/www.tradingheroes.com\/3-chart-pattern-personality-types\/\">technical<\/a>\/fundamental bias?<\/li>\n<li>Can it be traded according to <a href=\"https:\/\/www.tradingheroes.com\/how-to-figure-out-your-trading-risk-tolerance-personality-and-why-it-matters\/\">your risk personality<\/a>?<\/li>\n<\/ul>\n<p>When a trading strategy can meet those three criteria, you have a significantly higher probability of being able to be consistently profitable with that method. Of course, there are no guarantees in trading.<\/p>\n<p>But if a trading strategy doesn't meet those criteria, then you have <em>zero<\/em> chance of making it work.<\/p>\n<p>With that in mind, here are nine great resources to find Forex trading strategies. There are many others out there, but in my experience, these are a great place to start.<\/p>\n<h2>1. Trading Heroes Forex Trading Systems Blog Posts<\/h2>\n<p>From time-to-time, I find interesting Forex trading systems and I write about them. I don't necessarily trade them, but I have it on good authority that they are making money for at least one trader.<\/p>\n<p>So if you are looking for a few trading system ideas, this is a great place to start.\u00a0You can <a href=\"https:\/\/www.tradingheroes.com\/category\/trading-strategies\/\" target=\"_blank\" rel=\"noopener\">find those trading strategies here<\/a>.<\/p>\n<p>I can't promise a lot of volume but they will be real systems or contain real testing results.<\/p>\n<h2>2. Naked Forex Now Community<\/h2>\n<p><strong>The thing that I really like about the Naked Forex Now Community is that Walter not only teaches and develops trading systems, but he shows you how he trades them in real time.<\/strong><\/p>\n<p>This allows you follow his thought process and is one of the best teaching methods, in my opinion.<\/p>\n<p>Another benefit of this community is that Walter features other successful traders in the community, and how they are trading.<\/p>\n<p>The goal of most trading courses is to trade like the instructor trades.<\/p>\n<p>&#8230;and that's great. You should learn from someone who is doing it successfully.<\/p>\n<p>But when you can also learn from other traders who are doing well, that just increases the number of trading methods that you are exposed to and could work for you.<\/p>\n<p>Join the <a href=\"https:\/\/www.tradingheroes.com\/recommends\/dailytrader\" rel=\"nofollow\">NFN Community here<\/a>.<\/p>\n<h2>3. 2nd Skies Forex Price Action Community<\/h2>\n<p>Chris Capre also provides a great variety of trading strategies that can work on multiple timeframes and in different market conditions.<\/p>\n<p>Some of his trading methods are aggressive and others are more laid back, so I believe that most traders can find something that fits their personality, in this community.<\/p>\n<p>He also does a great job of outlining a framework that helps you understand the foundation of his trading method.<\/p>\n<p>I believe that this is very important to making a trading strategy work for you.<\/p>\n<p>Join the <a href=\"https:\/\/www.tradingheroes.com\/recommends\/2ndskiesadvprice\" rel=\"nofollow\">community here<\/a>.<\/p>\n<h2>4. Baby Pips<\/h2>\n<p>Just because a trading system is free, doesn't mean that it can't work. It actually doesn't matter where you learn a trading system. All that matters is that it fits your Trifecta and you <a href=\"https:\/\/www.tradingheroes.com\/forex-backtesting-guide\/\">test<\/a> it properly, before ever risking real money.<\/p>\n<p>So with that in mind, quantity can sometimes be better than quality, when you are just trying to brainstorm some trading methods. One great place to see a wide range of trading systems is the Baby Pips forum.<\/p>\n<p>They have a section <a href=\"https:\/\/forums.babypips.com\/c\/trading-systems\/free-forex-trading-systems\" target=\"_blank\" rel=\"noopener noreferrer\">dedicated to free trading systems<\/a> and it can give you a lot of great ideas.<\/p>\n<h2>5. Forex Factory<\/h2>\n<p>Another firehose of Forex trading systems is Forex Factory. Again, you will have to dig through a ton of posts to find something that could be useful. But even if you can't find a good system, it can be helpful to look through these trading systems for ideas.<\/p>\n<p>There is a TON of stuff here, accumulated over many years, so the best place to start is probably the systems that have the most comments. Some traders are good at stirring up controversy, getting a lot of comments, then bailing out when the system doesn't work.<\/p>\n<p>As you go through the posts, you will learn to spot these threads. But <a href=\"https:\/\/www.forexfactory.com\/forumdisplay.php?f=71\" target=\"_blank\" rel=\"noopener noreferrer\">this forum<\/a> can be another great source of trading systems.<\/p>\n<h2>6. Turtle Trading<\/h2>\n<p>If you haven't heard of the Turtles, they were an experimental group of traders trained by legendary traders Richard Dennis and William Eckhardt.<\/p>\n<p>During the training program, they were taught a very simple trend trading method.<\/p>\n<p>The best traders in the group were given real money to trade and several traders went on to become legendary hedge fund managers in their own right.<\/p>\n<p>Everyone in the group had to sign a non-disclosure agreement, that was valid for a certain period of time.<\/p>\n<p>As soon as the time limit was up, a couple of the traders came forward and disclosed the system.<\/p>\n<p>You can find the complete system <a href=\"https:\/\/bigpicture.typepad.com\/comments\/files\/turtlerules.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">for free here<\/a>, or you can read more about it from one of the most successful Turtles, <a href=\"https:\/\/amzn.to\/2vceSD8\" target=\"_blank\" rel=\"noopener noreferrer\">in this book<\/a>.<\/p>\n<h2>7. Forex Patterns and Probabilities Book<\/h2>\n<p>Now let's take a look at a few books that can help you discover a great trading system.<\/p>\n<p>The first one is <a href=\"https:\/\/amzn.to\/49Xir0a\" target=\"_blank\" rel=\"noopener\">Forex Patterns and Probabilities<\/a> by Ed Ponsi.<\/p>\n<p>With a name like that, he as to be honest.<\/p>\n<p>Seriously though, there is a reason why this is one of my <a href=\"https:\/\/www.tradingheroes.com\/best-trading-books\/\">favorite Forex trading books<\/a>. All of the trading strategies are laid out in an easy to follow manner and do not require fancy entry and exit rules.<\/p>\n<h2>8. Beat the Odds in Forex Trading Book<\/h2>\n<p>Another book that does a great job of teaching specific trading methods is <a href=\"https:\/\/amzn.to\/2uPulrI\" target=\"_blank\" rel=\"noopener noreferrer\">Beat the Odds in Forex Trading<\/a> by Igor Toshchakov.<\/p>\n<p>This is a fairly thin book, but it is packed with tons of trading tips and strategies.<\/p>\n<p>I'm confident that you can pick up at least two great trading tips in this book.<\/p>\n<h2>9. Naked Forex Book<\/h2>\n<p>Finally, if you want to get the strategies that Walter trades, but don't want to join the community, then his book: <a href=\"https:\/\/amzn.to\/2vdibd8\" target=\"_blank\" rel=\"noopener noreferrer\">Naked Forex<\/a> is the way to go.<\/p>\n<p>It provides very simple Forex trading strategies that anyone can follow.<\/p>\n<p>I've personally seen many traders use his strategies and do well. If you follow his videos in the community, you will also see that he practices what he teaches.<\/p>\n<h2>Conclusion<\/h2>\n<p>So if you have been wondering where to find Forex trading systems that you can try out, these nine resources will keep you busy for awhile.<\/p>\n<p>You might be tired of me saying this, but a trading system is only going to be as good as your ability to execute it.<\/p>\n<p>Therefore, don't look for the most profitable trading method. Find the one that you are most comfortable trading.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Looking for new trading system ideas? This post has got you covered. It provides a mix of paid and free resources. <\/p>\n","protected":false},"author":2022,"featured_media":13666,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[201579],"tags":[201651],"class_list":["post-13657","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trading-strategies","tag-forex-trading-strategies","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>9 of the Best Resources for Forex Trading Systems - Trading Heroes<\/title>\n<meta name=\"description\" content=\"There are a lot of Forex trading systems out there, if you know where to look. 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