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Monday, February 16, 2015

Best Forex Automated Systems - This One is Free and Made Millions in Profit!




When looking for the best automated Forex trading systems, a strong contender is the one enclosed and don't think because its free it doesn't work - it does and has for over 20 years...





There is no question Forex trading systems have a bad reputation and this is down to the numerous junk robots that are sold with track records that are simply back tests and not proven. The system we are going to look at here on the other hand has been used by savvy traders around the world for years and works.





The system we are going to look at is the 4 Week Rule and it was devised by one of the great traders Richard Donchian and since the late seventies it's been at the heart of some of the top traders systems - even trading legend Richard Dennis was a fan so you know your in good company.





The system is incredibly simple and you don't even need a computer to run it - it has one simple rule, so lets look at it.





Buy a new 4 week high and reverse the position when a new 4 week low is hit - keep buying the 4 week high and selling the 4 week low and always maintain a position in the market.





You can't get much more simple than that and but if you think about the logic it's soundly based.





1. it's a very simple breakout system and it's a fact that most major trends start from breaks to new market highs or lows.





2. By its very nature its long term and if you look at a Forex chart, you will see the big trends can last many months or longer.





3. This system as it is always in the market so is guaranteed to put you on the side of every big trend.





It's also got some other great advantages, it's quick to implement about 15 minutes a day max and gives you a set trading signal with no subjective judgement needed.





Despite the fact it works and will continue to work most traders won't bother with it and here are the reasons why.





1. They think its to simple despite the fact it works





2. They want to buy tops and bottoms exactly, despite the fact you can't do this





3. Its to long term and traders always like action and lack the discipline to hold long term trends





4. It's not complex - traders think this increases chances of success but of course the opposite is true - simple systems are more robust.





5. It's not based on fancy theories chaos, neural networks, artificial intelligence etc - these theories don't work in Forex but again traders love them.





6. There is no fancy packaging or a ridiculous name that insinuates taking on and beating the market.





Most traders pick junk robots with simulated track records and fall for the hype. This automated Forex trading system has no hype but plenty of profits and I know which system I would rather have!





The system works and will continue to work and if you are interested in long term profits take a look at it and it can increase your chances of forex trading success.


Friday, February 6, 2015

Forex Currency Trading System Education - The Best Forex Plan For The Forex Currency Trading System




When entering the Forex currency trading system it is imperative that you devise the best Forex plan. This includes getting the best Forex education training you possibly can before jumping headfirst into the Forex currency trading system. This article will give you a guideline for devising the best Forex plan for fast profits with a proven Forex currency trading system that really works.





The Forex market is the largest trading market in the world. The Forex market is said to turn over more than $1.5 trillion dollars each and every day.





When stepping into the Forex arena it is critical that you have an effective and proven Forex plan to follow to help you perfect the Forex currency trading system and to get the best Forex education as you possibly can.





Step one of any Forex plan is becoming as informed and education as you possibly can on how the Forex currency trading system actually operates. There are many fundamentals and strategies involved with the Forex currency trading system. In order to begin and expand your Forex education you need to enrol in a reputable Forex trading system course online and familarize yourself with the Forex currency market with a Forex simulated trading account.





A Forex simulated trading account does not require any investment of capital. What it does do though is train Forex beginners in the strategies and fundamentals of consistent and profitable Forex trading.





Step two involves expanding your Forex education. A Forex currency trading beginner must learn not to be too greedy too soon. By analysing world and political news and taking all the clues from Forex pivot points a Forex currency trading beginner can learn to minimize his losses with stop loss orders and to maximize his profits.





Step three of the Forex plan involves learning sound Forex investment strategies including the buy signals that the Forex charts frequently give Forex traders.





Step four of the Forex plan involves knowing when the rally for the Euro begins. The busiest hours in the Forex are the London hours which are after 2am New York time.





Step five of the Forex plan for beginners is to actually select that amount that you are willing to make on every Forex trade before you begin trading. This amount ought to be more than or equal to the earnings that you are willing to lose in the Forex trade.





It is tempting to dive into the Forex currency trading market headfirst and make trading decisions without any experience or sound strategies in place. If you want to join the ranks of 90 percent of Forex traders who are consistently unsuccessful then I suggest you ditch this Forex plan and dive right in.





On the other hand, if you want to learn to be a successful trader with a proven and effective Forex currency trading system in place and an almost fool-proof Forex plan then check out the website below where we can help you become the successful Forex trader you long to be.


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