Forex strategies

Helpful Forex Strategies to Become a Successful Investor

As Currency Trading has become one of the most recent ways of earning money, a large chunk of people take this option just as a hobby. This type of trading is performed by exchanging currency of one country with that of another. Currency trading, Forex Trading signal, Forex Trading Strategy, and Forex alerts have made this industry the largest one if one is to consider its trading volume. To understand it better, let us take an example of an inter-bank trading. Bank X will take the quote from Bank Y of its currency, and Bank Y will provide the present rate of its currency. A deal will be finalized if Bank X will like the rate of Bank Y. and if the currency of Bank X rises against the currency of Bank Y, the former will enjoy the difference as its gain. Likewise individuals deal in the exchange of currencies in the Forex Market and act according to the market position.

The Foreign Exchange market is popularly known as “Forex”, which has become the largest and frequently rising market in the whole world. It is also called as the transnational market as any person from any part of the world can enter into this market through the use of World Wide Web. Forex Trading Signal, Forex trading strategy and Forex alerts are carried out in the faith that the prices of the currency will change over a period of time, and the Forex Traders will earn a profit if there is a rise in the value of bought currency and that of the selling currency.

There are various Forex Trading Strategies that should be followed by every Forex Trader in order to gain a large number of profits. This Forex Strategy system includes:

• Ability to read or know the Forex trading strategies

• Adopting reliable and effective Forex trading strategies

• Implementing Forex trading strategies without involving costly software

• Taking the option of simple moving

• Deriving resistance and support levels

The Forex traders should not indulge themselves in adopting complex strategies but should focus on easy and simple strategies in order to implement them as soon as possible and enjoy the results. Moreover, there are various companies that offer the services of working on behalf of the traders and providing them with simple Forex trading strategy. Online Forex alerts are also a helpful for people trading in the Currency trading market as up-to-date position of the market is revealed.

Consistent and efficient strategies should be employed so that even if the market is facing small changes, it should not hit or affect the plan of the Forex strategy system. The best part about entering this field is that this profession can be taken by any person regardless of his or her educational background. But while Forex trading strategy proves to be a successful profession, it carries high level risks as well. So, while entering the field of currency trading, it is advisable that the traders should consider their objectives with great care so as to eliminate the possibility of facing losses. Also, one should take advice regarding the risks involved in the Forex trading strategy from financial advisors to gain heavy profits.

For more information on Forex, Forex Signal, Forex strategy system, Forex trading signal, Forex trading strategy, Forex alerts and Currency trading, log on to www.Connection2forex.com

Tags: forex, forex signal, forex strategy system, forex trading signal, forex trading strategy, forex alerts, currency trading.

About the Author

We are offering Forex, forex signal, forex strategy system, forex trading strategy, forex trading signal, forex alerts, currency trading, , forex signal.

Technorati Tags: education, finance, forex, forex strategies for beginners, forex strategies revealed, forex strategies scalping, forex strategies secrets, forex strategies that work, fx, trading

Forex Trading Platforms

Best Forex Trading Platform - Which One is It?

So you wanna know which is possibly the best Forex Trading Platform there is out there that you can use don’t you? Well, I’ll tell you a bit later if you promise to be patient.

Without further ado… let’s get right into it.

Now I’ve come across tens of different Forex trading platforms available out there. From retail platforms to institutional platforms (these aren’t available to the general public). Platforms such as Oanda, GFTForex, FXCM and the various brokers that run on MetaTrader4. There are also very professional platforms such as TradeStation and VTrader.

So with all these trading platforms available to you, you must be wondering which one would be best for you?

Want the TRUTH?

No one can actually answer that for you except yourself. We can only give our opinions as to which ones would be suitable for your needs but you need to discover which ones really serve yours. The other thing is… this whole issue about the best trading platform is actually not THAT important in my opinion as compared to issues like your trading psychology and things like that.

When you become more experienced and more familiar with trading, you’ll understand how you like to trade and what features you need. One trader might need trailing stops while another doesn’t. One might need the ichimoku indicator built into the trading platform whereas his counterpart doesn’t. Since all of us are unique and not made the same, what makes you think that there is a trading platform solution that suits all of us?

While I leave you to think about what I’ve just said, do be sure to allow yourself plenty of time to get acquainted with the flavors available. All the best with your search.

About the Author

LondonWhisper Forex Trading Strategies banked me 1628 pips (or $16,280) last year! Be sure to check it out!

For great Forex Trading Education, check out my Forex Killer Edge site which has loads of forex related content.

And … for great Forex Tips, strategies, updates and forex ebooks, tap into my secret

Technorati Tags: compare forex trading platforms, courses, forex, forex trading platforms comparison, forex trading platforms for mac, forex trading platforms in india, forex trading platforms south africa, investing, platforms, trading

Forex foreign exchange

Forex (foreign Exchange) Scams

As more and more people enter the Forex (Foreign Exchange) Market each year, unfortunately so does the increase in Forex fraud.

Between 2001 and 2006 the U.S. Commodity Futures Trading Commission has prosecuted more than 80 cases involving the defrauding of more than 23,000 customers who lost $300 million, mostly in managed accounts.

The highly technical nature of the retail Forex industry, and the loose regulation of the market, leaves retail speculators vulnerable.

Defrauded traders and regulatory authorities can find it very difficult to prove that market manipulation has occurred since there is no central currency market, but rather a number of more or less interconnected marketplaces provided by interbank market makers.

Retirees can be especially vulnerable who might have a large sum of retirement cash and they’re looking for a safe place to invest it. Never use retirement money for trade purposes, it’s a good way to lose everything.

These are the kinds of people that become targets of fraudulent operators market.

Remember, if it’s too good to be true it probably is. Here are some examples of statements that should be warning signs that you’re about to be conned.

1. “Whether the market moves up or down, in the currency market you will make a profit.”
2. “We are out-performing 90% of domestic investments.”
3. “The main advantage of the Forex Markets is that there is no bear market.”

These statements are patently false, and the beginning trader should proceed with caution before he turns over his hard earned money to these hucksters.

If you’re just getting started trading in the Forex Market, you need to become fully informed on what the best ways are to profit from this huge market.

About the Author

Eric Jacobson lives and works in the foothills of the beautiful Ozark
Mountains. He has been involved in some aspect of Internet marketing
since 1999, and has been involved in trading the Forex Market for the past
3 years. He is always looking for affordable and profitable software and programs
he tell his readers about.

Forex Trading isn’t just for the “Big Boys” any longer. See how a
“smart” Forex Robot can quickly put you in profit.
http://www.squidoo.com/Automatic-Forex-Investing

Technorati Tags: currency, exchange, finance, firstforex foreign exchange, forex, forex foreign exchange calculator, forex foreign exchange market, forex foreign exchange rates, money, oz forex foreign exchange

Forex trading robot reviews


Is this a good Forex Trading Robot Software review page, look wise?

I am thinking of doing a forex robot review website because of all the research I do on the subject but I can’t design worth anything. I bought a premade template and just used my content, does this look alright to you guys. Here is the URL - http://findanyoneinstantly.com/forex-reviews.html

You can try using this system at http://analysisfxblog.com

Ivy bot Forex Trading Robot Review

Forex trading will never be the same again. The advent of Ivybot, a sophisticated forex trading robot has completely changed the Currency Trading scenario. This forex robot has made the entire trading process virtually, child’s play. No longer do beginners need to worry about having to lose money while trying to take their initial baby steps in the strange world of the Forex Market. This market, which is the largest in the world, attracts hundreds of traders every year. For any beginner, all said and done, trading in forex would initially appear to be quite a complicated task. If you are someone who wants to jump into the forex trading bandwagon and are hesitant because of this very reason, then remember, Ivybot is here to help you. Not only will it make the forex trading process easier for you, it will also help you make good amounts of money too.

Check Ivybot Forex Trading Robot For Yourself

One of the best things about Ivybot is its versatility. This forex trading robot allows you to trade in four different currency pairs including, EUR/USD, EUR/JPY, USD/JPY and USD/CHF. What it effectively means is that you get four different robots for the price of one. This also means that as a trader you have more opportunities for trading. Another great thing about this forex robot, developed by world famous Ivy League University graduates and forex trading experts, is its ease of use. Almost anyone with a fundamental knowledge of computers can use it successfully.

You can be assured of round the clock technical support services once you get Ivybot. You never know when you would need such assistance. The product package also comes with a practice account. You can use this practice account to hone and sharpen your forex trading skills, without having to worry about losing money. With so many advantages it is not surprising that Ivybot is one of the most sought after forex trading robot.

About the Author

Now Pay Close Attention here: Read this detailed review on the most popular and profitable forex trading robot Ivybot that is making successful trades on autopilot for their traders- Click Here

Technorati Tags: best, ea, forex, ivybot forex trading robot reviews, reviews, robot

do Forex Trading Robots work



do Forex Trading robots work or just another scam?

I keep getting email regarding trading robots for forex, on the surface these things make some sort of sense but then again I don’t understand a lot of the jargon used, are these easy for someone who has no knowledge to use or are they just a load of hype
OK put it another way, has anyone had any good fortune using these trading robots and which one did/do you use, unles someone has first hand experience of using them they are not really qualified to answer the question sensibly and are only trying to gain points

Every bank who makes money in forex uses automated tools - so they do work - its using the right that matters.

The Truth About Automated Forex Trading robot

It is in our human nature that we want to get rich quickly and we would do anything it takes to achieve financial independence. As we know Forex Market is the biggest financial market in the whole world and the best source of income.
Many investors are attracted by opportunity to make big money fast.
Combination of high leverage offered by many forex trading terminals, easy access to the markets from your PC and high liquidity make forex trading an excellent place to capitalize profits.

There are many ways to trade forex market. The most common and popular recently seem to be an automated forex trading by using forex robot. Forex Trading Robot is the file written in Meta quote language and set to plug in into Meta trader terminal. The automated forex Robot would be set to place trades if certain conditions occur. Built in money management a system allows to run whole operation smoothly without human interference. Simply install it in on your platform and job is done.
Sound like haven?

Well is not.
 It is hard to believe that so many people still falling for it.

We have seen many of those Automated Forex Robots being advertised all over the web promising you become a millionaire within few months. Starting from Fap Turbo, which was very successful for a while until market conditions changed and program become useless and started producing big drawdowns.
As it is only artificial coding not able to deal with real situation with no ability to adjust.

The market behavior is very similar to people’s behavior. We run the market and it reacts like us. It will change often. It will have specific trends and will react to human activity. It will constantly change as we change. The market will never stay the same for long. This is the reason why all forex trading robots work for a while and then become completely unprofitable.
You must remember that automated forex robot will not stop trading during holidays or news releases when the forex market is too risky to trade. It will not recognize natural fundamental aspects which would affect currency during the daily trading session.It will not cut your losses short and extend gains when necessary.

Another thing to remember when using automated forex robot is that results depend on your internet connection. If your connection fails while there are trades open there can be a disaster as the positions wouldn’t get closed when needed, leaving your trading account with serious loss. Here the best solution is to use remote desktop (VPS). It will provide constant connection for your Automated Trading. This is a cost of $60 a month for basic server able to deal with the most two terminals opened at the time.

Often forex trading robots advertised on the web are the best example of an excellent internet marketing strategy but not always an example of an excellent Forex Trading Strategy.
Why these superb past results and accounts growing from $3K to $66K within few months are never published on mt4stats.com?
Wouldn’t it be an excellent selling point?

About the Author

If you are serious about profitable Forex Trading go to forexmoneysignal.com and explore great Forex Signal

Technorati Tags: autopilot, forex, robots,, they, trading

Forex trading robot free



Hi, Are there any Free Forex Trading Robots available on the web?

Yes, there are a few good Free Forex trading robots that I have found that work. Some people figure that if it’s free then it has no value. However, I figure the guys that give there secret away to everyone were in our position at one point and decided to give back to the forex community.

A lot of the free systems you can find are in various Forex Forums and you find find a lot of support on them as well.

Also there is a free system at– http://www.FreeForexSystem-Reviews.com

You may also want to check out this site that reviews several different Automated Trading systems: http://www.Expert-Advisors.com

Which Is The Best Forex Trading Robot?

Which is the best Forex Robot? Here we will look at one which for a variety of reasons should be one that any trader should consider and if not the best certainly is one them. Lets take a look at it…

The best Forex Trading Robot we will look at here is free - that’s right free and by the time you have finished reading this article you will know how and why it works.

The Forex robot industry has a bad name as most Forex Robots lose money and don’t live up to the hype presented in there advertising copy. They make claims that are simply ridiculous like:

- They can predict the market

- Trade with 90% accuracy or more

- Double your money each month

- Trade with less than 1% drawdown

If you believe the advertising you can get all the above for 100 dollars or so and you have to make no effort! These robots are living in fantasy land and none have a real independently audited track record to back up their claims. They present made up simulations on paper. Now let’s look at a free robot that makes money.

This Forex robot has been making money for savvy traders for over a quarter of a century and still works today and was devised by trading legend Richard Donchian who is considered the grandfather of modern trend following.

The system is simple and only has one rule so here it is:

Buy a new 4 week high in a currency and hold it, wait for a 4 week low to be hit then, take out the long and go short. Keep reversing the position on new 4 week highs and lows and always keep an open position in the market.

It’s very simple but don’t let that put you off it makes money and is based on sound market principles which are as follows:

In essence this is a simple breakout trading system and all big currency trends start from new market highs and continue from them. As markets will always trend long term, you will be in on and stay in, every major trend.

So why do we consider this the best Forex Robot?

- Its free and that’s a nice advantage!

- You don’t even need software to calculate the rule

- It’s simple and robust

- It’s time efficient to operate

- It’s easy to understand and have confidence in

- Best of all it makes money and will always do so as long as markets trend.

Sure the above system is simple and that puts many traders off it, as they think something so simple cannot make money but it does. All the best Forex Trading Systems are simple and robust, if you make a system to complicated it will have to many elements to break.

Traders around the world have used this system to make huge long term gains and you can to - the system is called the 4 Week Rule and can help you achieve Currency Trading success - check it out and you maybe glad you did.

About the Author

NEW! 2 X FREE ESSENTIAL TRADER PDFS
FREE PROVEN Forex Trading System

For free 2 x trading Pdf’s, with 50 of pages of essential info and more on Forex Trading Systems visit our website at: http://www.learncurrencytradingonline.com

Technorati Tags: auto, currency, forex, robot, trading

free Forex Trading Robot Software


Which is the best Free Forex robot?

No matter, if its illeagal downloadable. Turbo robot software is 150$. Sorry I can’t aford it. Maybe can you suggest me some site where trade too?

Forex Robots are scams.

If anyone had such a robot, they would trade their a$$ off to become wealthy. They would not dilute their advantage by selling it for $150, and would certainly not give it away.

The only people who make money with forex robots are the people selling them.

Free Forex Trading Software-Trade Automatically

What if you had a robot that could trade the forex while you sleep and make consistent money.  In fact, since it wouldn’t trade with any emotion, it was a better trader than you.

Is there free Forex Trading Software that can do this?  Let’s take a look.

These tools are often called Forex Ea’s or expert advisors.  They could be an indicator that helps track a certain trading alert, analyze data as it comes into you chart or Trading Platform and maybe just make charting patterns a lot clearer.

One robot is called Forex Megadroid and once you set it up with whatever trading strategy you want it to follow it’s ready to go.  It works around the clock to find setups and can even enter and exit trades depending on your broker.

There are companies that offer free forex trading software in the hopes that this will result in many new accounts being opened.  Meta Trader 4 or MT4 is offered free in the hopes that those who download the system will go the extra step and open an account  so that the customer can easily have their orders placed also.

You need to look at this free forex trading software with your eyes wide open because you still need to keep a close watch on what it’s doing and make sure that the strategy that you’ve imput is working.  There is no sure thing.

Although this article is aimed at examining free forex trading software, I need to also look at a piece of software called “Forex Killer”.  It isn’t free but you can try it for almost 60 day for free.  That makes it pretty much risk free and gives you plenty of time to try it out for free.

It is a big seller by affiliates online and seems to be very popular with users in general.  I’m not going to go into details as to what this software can do but will let you investigate that.

One way I like to check out free forex trading software is to check out some of the review sites and also the forums.  The review sites if they aren’t trying to sell a product are good to see how Forex Killer or any other software is doing.  

I have no problem with recommending MT4 for its free charting and EA capabilities.  As far as Forex Killer, I would say try it on demo for 50 days and see if it works for you.  

With any free forex trading software you’ll have to feel comfortable with the trading strategy and follow it with discipline.  There is no sure thing yet in forex that I’m aware of although these robots can be profitable and easy to use.  Visit http://www.makemoneytradingforexblog.com for many more articles on profiting from the Forex Market.

About the Author

I’ve been trading and investing since I was a teenager. I traded the NYSE for many years and then got involved with options, futures and commondities.

I started trading the forex market about 7 years ago and found it to be the best market in my opinion. It offers liquidity, it’s easy to trade either direction and I feel it trends better.

I’ve always enjoyed sharing my knowledge and writing. Article writing therefore is a natural for me.

I’m married with a son and live in Northern California. I like to fish, golf, play softball and write articles.

Technorati Tags: bot,forex, forex, robot, software, tradind,trading,forex

automated Forex Trading Robots


What is the Best Forex Trading robot?

I’m looking for a Forex Trading Robot that makes money on automatic trade consistently.
What is one good profitable Forex Automated robot?
Thanks all.

I’ve been testing robots for almost a year now.
I have to say you have to be careful with most of the things on the internet…

I’ve started on a live account after I found http://www.bestforextradingrobot.co.cc/

It is the only profitable robot I found that makes money every time.

Check it out. I’ve done a lot of tests with this robot and make huge profits every time. I’m now on a live account and I doubled my money so far. (I’ve been using it for 2 months now)

It is really really good check out the live proof accounts on the page. They are updated every 15 minutes.

Cheers.

How To Make Money With Forex? How Forex Works? What Is An Automated Forex Trading Robot?

How To Make Money With Forex? How Forex Works? What Is An Automated Forex Trading Robot?

Those who are new to Forex, might wonder What is Forex and How to make money with Forex. This article is to help you everything you need to know to make money with ForEx.

First of all, What is ForEx?

Forex (ForEx, FX or foreign exchange,) is the term associated with trading the currency markets. The foreign exchange, market is where Currency Trading takes place. It’s the largest financial market in the world, with a volume of over $4 trillion a day. This actually equates to more than three times the total amount of the stocks and futures markets combined. Forex trading is the simultaneous buying of one currency and the selling of another. Currencies are traded through a broker or dealer, and are traded in pairs; for example the euro and the US dollar (EUR/USD) or the British pound and the Japanese Yen (GBP/JPY).

(Excerpts from BabyPips.com)

How Forex Works?

In the Fx Market, you buy or sell currencies.

The object of Forex trading is to exchange one currency for another in the expectation that the price will change, so that the currency you bought will increase in value compared to the one you sold.

Example of making money by buying euros

Trader’s Action

EUR

USD

You purchase 10,000 euros at the EUR/USD exchange rate of 1.18
+10,000
-11,800*

Two weeks later, you exchange your 10,000 euros back into US dollars at the exchange rate of 1.2500.
-10,000
+12,500**

You earn a
profit of $700.

0

+700

*EUR 10,000 x 1.18 = US $11,800

** EUR 10,000 x 1.25 = US $12,500

An exchange rate is simply the ratio of one currency valued against another currency. For example, the USD/CHF exchange rate indicates how many U.S. dollars can purchase one Swiss franc, or how many Swiss francs you need to buy one U.S. dollar.

What is an Automated Forex Trading Robot?

MetaTrader 4 (MT4) Forex Expert Advisor (EA). This EA can also be referred to as a forex robot. It’s a piece of plug and play software, you attach it to a chart within Metatrader 4 and leave it to do its business. Its business is to automate all trading for you, opening and closing trades etc. This leaves you the time to do other things. It also means you don’t need to know anything about Trading Forex, but still earn good money from it.

Which is the best Automated Forex Trading Robot in the Market?

Right now, it’s USDBOT. It is better than Fapturbo or Ivybot and very easy to use for a beginner.

What is USDBOT?

The USDBOT is one of the most advanced UNIQUE trading robots to ever hit the market. The strategy behind the robot was created by a group of veteran Forex Traders after years of extensive research and live testing. The programming was done by best developers to ensure the EA was completely reflective of their strategy. USDBOT has a built in adaptive neural technology that takes into account the common Forex Strategies and works against them to generate profits. USDBOT will adapt to any market conditions or trends. The USDBOT system is a completely hassle-free and hands-free automated system that allows individuals to trade Forex  without any manual intervention.

The user needs no prior experience of Forex whatsoever or any other market for that matter – just the eagerness to make money. It is really very easy to use. All you have to do is download the USDBOT file and the rest is Plug & Play. It also comes with included installation guides as well as videos for even beginner users.

USDBOT is a 2 in 1 Forex Trading Robot that trades the EURUSD pair as well as the USDJPY pair for the price of one. The robot is extremely profitable and efficient and once you try it. USDBOT is the only robot launched recently that displays LIVE trading results that are updated every 15 minutes. It has doubled, tripled accounts in a very short time period.

Advantages Of USDBOT Forex Robot :

•Live statements/Proof,video testimonials,live support chat.
•Most Simple Way to Set up as Well as Step by Step Procedure.
•Special Appearance from a Forex Pro (He is interviewed constantly by CNN, CNBC, Fox Business News, etc)
•No Need To Change Every 6 Months
•Low Startup – Start with as little as $50!
•The UsdBot Trades Itself Without Human Interaction.
•Complete Automated Software When You are In Offline.
•Contains Profitable Tradings (15-20 Trades Weekly).
•24/6 – Non Stop Action, 24 hours a day 6 days per week (Sunday - Friday)

Start making money with ForEx today with easy to use ForEx Robot USDBOT and see for yourself money rolling in.

Buy USDBOT on Discount. Prices slashed down for limited time.

And right now the USDBOT is on promotional offer of $149 and you can also get another $10 off this week making it available for just $139 instead of regular $397. The regular price will return sometime next week. So buy it now and save whopping $258. I earned my $139 within 2 days!!!

About the Author

Tom Parks works for Microsoft. He is currently researching on PC optimization and system security. He is also an avid gamer and owns xbox, PS3, Nintendo Wii, Dsi and PSP

Technorati Tags: automated, forex, robot, robots,, trading

Forex managed accounts

Professional Forex Managed Account With Fxstay Management Team

www.Fxstay.com

FXSTAY Management Team is an international company that traded in FOREX since 2001 by group of professional Forex Account MANAGERS around the world and now its our pleasure to welcome you to our fastest grow company FXSTAY that currently have the best traders around the world and provide safe risk and professional FOREX MANAGED ACCOUNT.FXSTAY focus continue to grow internationally and currently have traders and investors from Austria,Russia,France,UK,USA,Germany and other countries our strate

A Forex Managed Account allows aninvestor to have their funds traded professionally by an experiencedtrader . The manager cannotdeposit or withdraw funds from your account and you retain full access and control over your account at all times. A Managed Forex Account enables the manager to trade your account on your behalf without having to transfer the funds into his account.FXSTAY TEAMtell you the facts of Forex Market because we want you to invest with open eyes please note that fxstay team trade with low risk on all Forex Managed Accounts except those accounts that the owner wants high risk. and because of this our profit is limited to 5%- 20%per a month there are many forex sites that offer their clients 100% and more profit per a month but these sites are similar to hyip.Forex Trading can be very risky while superb returns are possible,its also possible to lose all your money only invest that money you can afford to lose.Fxstay Team Trade with low risk on Forex managed accounts up to that time investor withdraw the main money that he/she invest in account from the profit of account for example investor open 1 million dollar Forex Managed Account and we get 200K$ profit each month 100K$ is share of investor after 10 month investor will withdraw main money that he/she invest and then if investor wants to increase risk we do that and get more profit.

About the Author

Technorati Tags: account, accounts, forex, forex managed accounts in india, forex managed accounts india, forex managed accounts lp, forex managed accounts performance, forex managed accounts reviews, fx, managed

free Forex Trading Robots

Forex Trading Robot - a Free Proven System for Big Long Term Gains

Forex trading robots are all the rage and there are many to choose from but most don’t work - this one does and best of all its free and has been proven to work and has been the basis of successful many trading systems over the last 30 years…

Let’s make a couple of points about this Forex Trading System before we look at it:

The system we are going to look at is extremely simple. In fact, you can do the calculation in your head and don’t even need software but don’t be deceived by its simplicity, all the Best Forex Trading systems are simple, as they are more robust, in the brutal real world of forex trading with fewer elements to break than complicated ones.

Also don’t be put off by the fact its 30 years old. Sure, we have seen huge advances in currency forecasting in this period but that means nothing in terms of profit, as the same ratio of traders win today as they did 30 or 50 years ago - just 5%

Ok let’s look at this Forex Trading Robot.

It was developed by the grandfather of modern trend following Richard Donchian, when he was looking at repetitive cycles in commodity trading and although developed to trade commodity markets, it will work on ANY Trending market.

As currencies trend so well, it is an ideal long term trend following system to use for profit.

Here is the rule of the system and there is only one:

Buy a new 4 week calendar high and go long and go short on a new 4 week low. This is a stop and reverse trading system and maintains a position in the market at all times.

Simple? Sure it is, but this system called the 4 Week Rule (for obvious reasons) is based on sound logic:

1.    Its based on currencies will always exhibit a long term trending nature trending for weeks, months or years
2.    Its based on a breakout methodology which always works

Test it and you will see how effective it is at catching and holding long term trends. It’s not perfect of course (no system is) and when markets don’t trend it can get chopped about but you can counter this by using an exit filter. Simply exit on a 1 or 2 week cycle (or short term moving average) and go flat then wait for the next 4 week signal to trigger your trading signal.

This forex trading robot is very robust and works and you can test it and see.

The fact that its successful though doesn’t mean many traders will use it even though it makes money and here is why:

1. They dismiss it (wrongly) as to simple work

2. Traders like more complicated systems, with fancy names as it makes them feel safe, although they rarely work

3. Its brutally objective and most traders don’t have the discipline to execute in line with the signals

4. Its not fussy about market timing and most traders like to try and predict market tops and bottoms, even though this is not possible.

5. It doesn’t trade often so does not please the action trader - but that’s not really a problem, as you are only judged on profits with your market timing

6. Its not trendy with a fancy name. Of course this means nothing but traders love systems that sound clever like neural networks or ones based on chaos theory etc even though they don’t work!

If you are Interested in Making Money Though!

This system works, will continue to work and in under 30 minutes a day, you could be piling up big profits. Sure, its simple but as we have said don’t be deceived. Forget all the systems sold with simulated track records and get a real proven one which savvy traders use and continue to use and you can enjoy Currency Trading success.

About the Author

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ESSENTIAL Forex Trading Course

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