Forex Robot - A Simple
Free System the Pro's Use For Huge Gains and Has Made
Here we are going to
look at a free forex robot the pro traders use to make
millions and you can too. It's simple to understand,
time efficient and works...
Forex robots have a bad name in general because most
sold online have never even been traded for real and the
track records are just simulations on paper which of
course is easy, in the real world you don't get the
advantage of knowing the closing prices and the result
is a wipe out.
This system is different. It's been traded for real for
over 25 years, made tons of money and can make your
forex trading strategy more profitable too.
Let's look at it and why it works.
The system was devised by one of the trading greats -
He noticed a 4 week cycle in many markets and thought up
this simple system and it only has one rule which is
below and its rule gives its name
The 4 Week Rule.
Buy a new 4 week high and hold it - then reverse this
position to a short, when a 4 week low is hit. Keep a
position in the market at all time and reverse on any
new 4 week high or low.
Why it Works
That's it - nice and simple but it works. Currency
markets trend long term and most new trends start from
and continue, from breakouts to new highs and lows.
If you think about the recent huge moves in the market,
ask yourself this question:
How much would this system have made?
Look at the Forex charts and you will see how much you
could have made with it.
These have been big moves and this forex trading system,
puts you in and keeps you in them and it's these moves
that pile up the big profits.
A Simple Route to Profits
Don't be deceived by its simplicity and think it doesn't
make huge profits - it does and will continue to do so,
as long as markets trend and they always will.
Simple systems always work best, as they are robust with
few elements to break and this makes them great for
trading an odds market like forex.
A Filter to Smooth the Equity Curve
The system works great when markets trend - but when
they don't, it will of course lose (no systems perfect)
but you can add a filter - exiting on a 2 week low or
high, then going flat and re entering on the next 4 week
trading signal. A Great Time Efficient Way to Make Big
So there you have it - a simple forex robot, that's
objective, can be executed in 15 minutes a day and makes
big long term gains - in fact you don't even need a
computer, you can do the calculation in your head!
You don't get much in life for free, that can make you
money - so look at this automatic forex trading system
and you will be glad you did.
About the Author
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