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Friday, September 19, 2008

Automated Forex Robot - This One Has Made Millions in Profit and Its Free!

By Kelly Price

Do you want an automated forex robot, you can apply in under 30 minutes a day, has made countless millions and has logic you can understand and have confidence in? If you do, the free one enclosed is for you.

Before we look at this free forex robot, lets make a point which applies to most of the sold forex robots - They have never been traded successfully, despite presenting track records of extraordinary gains!

Don't Buy Simulations

Look at the track record and all you see is a disclaimer saying, the track record is simulated in hindsight. Well that's hard! Let's see, if I knew the closing price in advance, how rich would I be? A millionaire many times over - but that's not the real world.

The automated forex robot industry is huge online and most of the robots fail in real time and the user never gets his lifetime income for $100, instead he gets wiped out.

Success For Over 20 Years with This Free System

The system we are going to look at here has been used for over 20 years by some of the world's top traders and has made countless millions. Even trading legends such as Richard Dennis liked it, so you know you're in good company.

The system is called the 4 Week Rule and was devised by the grandfather of modern trend following Richard Donchian to trade commodities however, it works on any trending market and currencies are of one of the best.

The system is incredibly simple, don't be fooled by its simplicity, it works and the rule of the system is this:

Buy a new 4 week calendar high and reverse and sell a new 4 week calendar low, keep reversing on a new 4 week high or low and always maintain a position in the market.

That's it, does it work?

Yes it does test it and you will see and it's obvious why it does:

1. Its based on breakouts and it's a fact that most market trends start and continue from new market highs or lows, so by using this system, you will never miss a big trend.

2. It holds long term trends and currencies trend for long periods, from many weeks to in some instances years.

It has other advantages as well:

- You can easily apply it in 30m minutes or less a day.

- You don't even need a software program to do the calculation.

- It's totally objective. All you do is place the trading signal, with no subjective judgement needed.

Now that's a lot of advantages!

This is a long term trend following system and when the markets don't trend you need the discipline to keep applying it until you hit a home run.

You can add filter exist rules to smooth the equity curve and these are discussed in our other articles, so look them up.

As long as markets remain volatile and trend longer term, this system will make money. Its logic is sound and with just one trading rule the system is very robust.

Many people buy automated forex robots with made up track records and waste their money, whereas they can get a free proven one, designed by an acknowledged expert trader that has made millions in real money.

This forex trading system maybe simple - but it makes a lot of money.

Take a closer look at it and it can help you in your quest for currency trading success, you also have nothing to lose, as it's totally free.


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