Well, I think so - we have actually been around publicly for about seven years now, all those trading systems that came out at the same time seem to have disappeared! I wonder why. The Dogs have the win rate, the low drawdowns, the versatility and ease of use. Simplicity too. These are a few of the reasons why the Dogs have flourished. 98% of traders are losing - DON'T DO WHAT THEY DO. Put the Black Dogs on a chart and watch for the profits.
- Any time-frame can be used.
- Forex.
- Metals.
- Indices.
- Commodities...etc.
- We use Metatrader 4 charting software.
The main tenet of our program is simplicity, keeping those charts clear of all the rubbish indicators out there. You know, the ones that your broker loves you to have and use - cos he knows they don't work and he wants you to use them. Bless him..!! I know it is very easy to keep adding this indicator and that indicator, before long you are staring at a pizza..!!
Don't give in to this losing mentality. If you can empty your head of what the vast majority of losing traders do, then you may have a chance. If everybody is doing it and losing . . then don't do it.
Easy to use Trading System
The Black Dogs are simply the black arrows placed on our charts by a special indicator, we trade only in the direction indicated by them.
Should a Black Dog point down, then we would trade only with the red arrows.
Should a Black Dog point up, then we would trade only with the blue arrows. How simple is that?
That is the basis of the original Black Dog and the trading system as a whole, although we no longer use it but we do use the same principles with all our methods with most of our members trading the Quick Fix or the MTF2/3.
Of course we take other things into account but that is the basis of the method that has served me well for many years of trading. I will not trade any other method in this lifetime.
Trading Strategies that WORK
Here are two 15 min timeframe charts as this is my preferred period. ALL the Black Dog methods work on ANY timeframe you choose. The USDCAD and the EURJPY below show the Black Dogs and the SES (blue and red arrows) in action.
Currency Trading System
That's about as easy as it gets though - we DO take other things into account, eg news announcements amongst other things. We also have other indicators to help us make our decisions. We do have losses, unfortunately they are part of trading life and there is no way of eliminating them, but these are well under control. We also have ways and means of entering shortly after a Black Dog to ensure that we make the most of a trend. All in all - it's a grand system..!!
Most traders try to fish for the tops and the bottoms, to get the most out of a move. Most also overtrade in the attempt. These are the ones who will lose their accounts in the long term. Black Dog, if used properly, will eradicate those tendencies. It gets you trading with the trend and finding the best or least riskier entries for you. Let's face it - all trading is a risky game..!!
The Black Dog and SES signals are very clear and unmistakable. Apart from the SES signals, we have our main method of entry which is fully explained within the manuals to ensure that we do not miss any good moves. We also have our main confirming indicator to make sure that we trade with confidence. Stop sizes differ for each trade and currency pair. The setting of your stop is most important and we discuss this at length in the manual.
The regularity of these trades means that you are occupied constantly. Flat markets can be a problem for most systems but with the Black Dog Program the drawdowns are small by comparison. The plan is to develop your understanding of our system slowly but surely, and to ensure your trading is not going off at half cock..!! The whole idea is to get rich slowly -- not the opposite. Our bywords are Patience, Discipline, and Simplicity.
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