Forex Trading System - A Free Simple One Rule System For Huge Gains

By Kelly Price

Here I am going to give a complete forex trading system - It's simple to understand and you can after reading this article, you will have all the details you need...

Automated forex trading systems or robots have a bad reputation and this is due to the huge amount that are sold on line with made up track records which are paper simulations - they have never been traded and don't work.

Now while this system is free, it has worked and will continue to work.

It has made countless millions for savvy traders all over the world, for over 20 years and even trading legends as Richard Dennis were huge fans, so you know you are in good company if you use it.

The system was devised by one of the great traders of modern times - Richard Donchian.

It's simple and effective and here it is - it's called "The 4 Week Rule" and the rule of this forex robot is.

Maintain a constant position in the market at all times and buy a new calendar 4 week high, then when a four week low is hit, stop and reverse and then do the same on the next 4 week high.

That's it! How simple is that? VERY. Does it make money, yes longer term it does and is based on simple logic which is:

1. Forex markets exhibit long term trends which last for weeks, months or in some instances years and this system will put you on the right side of every major forex trend.

2. It's based on breakout methodology which, is based simply on the logic that most major trends start and continue, from new highs or lows.

Do not think just because its simple it won't work it does.

Simple forex trading systems are always best, as they are robust in the face of brutal market conditions.

Its only downside is when markets don't trend it will get chopped incur drawdown, as all trend following systems do - but you can add a filter.

When you take a 4 week trading signal, exit on a 1 or 2 week low or high and then re-enter on the next 4 week signal.

This will smooth the equity curve.

Now most traders won't use it, despite the fact it makes money here's why

1. Its brutally objective, you have to take the signals as given and many traders have a problem following mechanical signals - others like it for this, so its an advantage or disadvantage.

2. It's not fussy about perfect market timing. You can pick exact market tops and bottoms but most traders are obsessed with it.

3. It doesn't require much time. You would think this would be an advantage and it is -but most traders like to trade all the time and if you like (excitement as most traders do), then this system would not be for you, if of course you just like making money - it's great!

A System For Long Term Gains

This forex trading system is free and has made millions and stood the test of time and the logic it is based on never goes out of date - currencies will always trend long term and breakout methodology works.

If you are interested in making money from forex trading, then you should consider the 4 Week Rule - it works and will continue to work and you can be making big long term profits in less than 30 minutes a day.

NEW! 2 X FREE ESSENTIAL TRADER PDFS ESSENTIAL FOREX TRADING COURSE For free 2 x trading Pdf's and more essential Forex Trading Education and an exclusive risk free Forex trading Course visit our website.

Forex Trading - How a Group of Traders Became Millionaires in 14 Days!

By Kelly Price

One of the most famous trading experiments of all time took a group of people with no trading experience and turned them into millionaires after just 2 weeks training...

The turtle story is inspiring because it shows that anyone can win at trading and also gives a clear insight to why most traders fail.

The Experiment

This experiment was conducted by Richard Dennis and known as the turtle experiment. Dennis wanted to prove anyone could become a successful trader and trading was a learned skill so he did the following:

1. He got a diverse group of people together who had never traded before and they were of all ages, men and women and of varying levels of academic achievement.

2. He taught them a method and the mindset to succeed and set a period of 2 weeks.

3. They were then given live trading accounts to see how well they would do.

The result of this experiment was - they made Dennis $100 million dollars in just 4 years and went down in trading history as legends.

The Paradox

The experiment throws up a question:

If anyone can learn to trade then how come 95% of ALL traders lose?

Dennis knew the answer and its simple - traders either get the wrong forex education or they don't have the correct mindset.

The trading system taught was simple and it was just a long term breakout style system with strict money management rules.

While the system was simple Dennis knew the traders would not win unless they could apply the trading system with discipline so he didn't tell them it worked and to follow it blindly, he taught them why it worked and instilled confidence in the traders that it did work, by showing them how it could lead them to trading success.

Losing is Part of Winning

He knew the traders would have to trade through long periods of losses and if they didn't have the discipline to keep going through these periods, they would lose and this is the reason most traders:

They won't accept responsibility for their actions (how many follow worthless forex robots? Or mentors) and they can't take losses and keep them small, as they don't have discipline.

The Market Doesn't Beat the Trader the Trader Beats Himself

The turtle experiment is one any trader can learn from as it shows anyone can learn to trade and the key is not just a trading system, but a combination of a trading system and the discipline to apply it.

Keep in mind forex trading looks easy and learning it is but you must have the correct mindset in place as well as a good system to win.

This story is inspiring and sure you may not make as much as them but the opportunity is there for all, to earn a great side income or even a life changing income - if you have a desire to succeed, a willingness to learn and simple robust method, then forex trading success can be yours.

NEW! 2 X FREE ESSENTIAL TRADER PDFS ESSENTIAL FOREX TRADING COURSE For free 2 x trading Pdf's and more essential Forex Trading Education and an exclusive risk free Forex trading Course visit our website.

Making Money With Forex Trading - The Easy Way

By Jay Blouin

Forex trading is huge to say the least. It's the largest market by value of all financial markets with an unbelievable estimated trade of over 3 trillion US Dollars per day. With that kind of money being traded daily you know that there's definitely money to be made, but on the other side of the coin there is many that are losing money on the Forex market.

I've ran into people of all different backgrounds and ways of life that are trading currency through the Forex market. Many are losing money and I know a few that are actually making good money. When I say good money I mean REALLY good money.

People out there spend years learning all they can about Forex trading and how they can have the upper hand in making money. I can honestly say that - yes you can make money through Forex if you study and study hard. But I, like many of you reading this, don't like spending tons of my time reading and studying. I want to jump right into something and learn as I go. I've always been like that and probably always will.

I decided to see of my friends that are making money through Forex, what are they doing in order to turn profits. I also looked at those that aren't fairing so well and wondered what they are doing wrong.

A couple of my buddies that are doing really well with Forex have something in common. Yes, not only are they making $xx,xxx figures per month. They are both using the same system. I was shocked to find out that both my buddies not only learned about Forex fairly recently. They also haven't even come close to studying as much as the many that have lost money through trading on the Forex market.

If you want to find out what my friends have done in order to make good money through Forex. Check out this link: The Easy Way to Make Money through Forex.

Learn to Day Trade Forex - The Easy Way

By James McKerr

Have you ever wanted to learn to day trade forex? For several months I was drawn to the forex markets to try and make some money. I believe I have now found the right way to make money from the forex markets. In this article I will explain how I make my money from trading forex and hopefully how you can do the same.

Why did I want to get into trading Forex?

Well for a start the big advantage with Forex is that it is the biggest and most liquid market in the world. As a result it is incredibly cheap to trade and you do not pay commissions to buy or sell as you do in the equity stock markets. The key benefit for me however is that Forex markets do not suffer downward trends like stock markets do. Buying stocks in the current climate is like trying to pick out ripe apples from a rotten fruit bowl. In the world of Forex when one currency rises in prices, it always means another falls relative to it. This means there is no general market trend. This means that during a recession investing in Forex can be just as profitable, unlike stock trading.

The secret to my success

Here comes the part of the article that could change your investing behavior too. I stumbled across an article that mentioned the advantages of using an automated trading system to help you select your trades. The key benefits of this kind of trading are that you benefit from the huge computational power that computers have. The software is preprogrammed with a trading strategy that take advantage of price trends and aims to make very small profits from these situations. These soon add up and the result is that this system provides me with a nice little second income which enable me to have more financial freedom than i have ever been used to.

Here is a link to the Forex Article that changed my investing success virtually overnight.

How Forex Works - Find Out How Forex Works the Easy Way

By James McKerr

How forex works can seem a bit of a mystery to the inexperienced trader. I have traded stocks for a few years and only recently got into forex trading. I found at the start I barely knew what forex trading was let alone where to start making money from it. However all this changed when I discovered a tool that allowed me to get started and making money straight away with virtually no knowledge. More on this later in the article.

Forex trading is simply the buying and selling of foreign currencies. It differs from stock trading in that each trade has two components. For example if I buy some Euros, ejecting them to appreciate in value, I will by default be selling US dollars at the same time. This two way nature is great for the simple reason that unlike the equity markets the forex market cannot go on a downward trend. As one currency falls in price, another rises relative to it.

Prices i the forex market are quoted as spreads. For example you may see the Euro quoted as 0.6537 - 0.6540. These are the prices at which you can buy euros. In other words if you are buying Euros you will get 0.6537 Euros for every dollar and if you are selling you will get 1 dollar for every 0.6540 Euros you sell. The difference is between this buy and ell price is called the spread. Each 0.0001 increment is called a "pip".

I managed to get up and running trading before i really understood how forex works. I stumbled across a review of an automated trading software that does the hard work for you and automatically trades for you. I set this off an sat and watched and learned. I was and still am fascinated that I can sit and watch a computer make money. It basically executes large numbers small trades that aim to make tiny profits by predicting price movements based on historical trends. This is know as technical analysis.

Sitting and watching a tool like this has taught me so much and I am now starting to trade myself on top and scale up my investments in size to aim to get more profit.

Here is a link to the forex trading article that got me up and running.

Ways to Choose the Best Online Forex Trading Platforms

By Francis Tayllor

If you are in the process of contemplating if you can venture into the forex trading activities, it would be vital to note that there is a helping hand that can free you from the worries and anxiety that comes with this pursuit. The best online forex trading platforms can be useful even for those who can be categorized as beginners in the world of forex trading.

Getting as much information about the functionalities and features of the best online forex trading platforms can bring you to the road of success that you are trying to cross in your forex trading activities.

Forex trading is a risky undertaking. This endeavor involves a lot of risks especially if you are na๏ve about skills and strategies when it comes to trading currencies. You are more prone to suffer losses in this very uncertain investment environment.

Forex market, also known as foreign exchange market is regarded as the international exchange currency market where currencies are exchanged or traded on a 24/7 basis. It is a very huge market, which brings into necessity the use of the best online forex trading platforms is beneficial for a trader.

You are probably thinking what makes traders turn to such a platform as their helping hand in their forex trading activities. Successful trading forecasts are achieved by means of reliable technical analysis and strategies that are essential for all kinds of trading software. These features are the main rationale why trading hopefuls resort to currency trading systems and platforms to help them in their trading endeavors.

What makes the best internet currency trading systems effective in terms of trading is due to the real-time automated data streaming of the market, which is highly essential in examination of the market liquidity.

When choosing the most effective online currency platforms, you should consider essential dynamics such as firewall protection, capacity to maintain links and connection of the monitors to the forex market, dependable operating packages whether Flash or Java, and other features responsible for keeping real-time charts and effective technical analysis.

In addition to all of these features, a more advanced and modern form of these systems has been available. This one includes mobile facilities that allow carrying out currency exchange activities through your mobile phone. This also comes with other innovative features that make trading a lot easier and effective even for the beginners in the business. Read my blog and learn more ways and tips and essentials in online forex trading platforms.

Eliminate huge risks, predict price movements accurately and execute precise buy/sell decisions with this revolutionary online forex trading software.

The Best Online Forex Trading Platforms - Which is Effective?

By Francis Tayllor

If you are a beginner in the forex trading business, it would be a nice idea to learn about the essential part that the best online forex trading platforms play for successful undertakings. Having these kinds of software to assist traders every step of the way helps minimize the fear and worries brought by the vagueness of the foreign exchange market.

The best online forex trading platforms is a wise idea to consider when venturing into the imprecision nature of the foreign exchange currency trading. But in choosing this helping hand, you should be aware of what to look for in search for the right one that can lead you to successful trading endeavors.

Forex trading is just like putting your money at stake in a bet that you are not certain if you will win or earn substantial losses. This makes this financial venture not suitable for those who are looking for a surefire profit.

The foreign exchange market is a very live market, in fact, trading of foreign currencies are continuous on a 24/7 basis. This market is a bigger one compared to other markets like the stock market. However, trading activities are somehow similar with foreign currencies as the main object for trading. The forex market has always been recognized as the market of uncertainties wherein everything is totally unpredictable, which makes the best online forex trading platforms very useful for every trader.

In definition, online foreign exchange trading systems or platforms are special software that is specifically designed with unique and modern features with the fundamental objective of helping forex traders of all categories. It therefore makes sense that the most effective features are incorporated with top-notch systems in order to deliver more preferable and successful trading ventures.

One of the factors that make the best online forex trading platforms effective in terms of giving out trading forecasts is the ease of use of the real-time online flow of data that is very important in understanding the status of the currency market. This feature provides a clear perspective on what currency is up and what is near insolvency in the market for that particular period.

There are still other important qualities that you need to look for when searching for the finest internet currency trading system and platform for your trading ventures in the foreign exchange market. This includes the features accountable for security, operation, and real-time technical analysis.

You should also consider a more advanced version with mobile facilities so that you can still carry out foreign exchange trading transactions through your mobile phone alone. Uncover other information related to the best online forex trading platforms and tips by reading my blog.

Eliminate huge risks, predict price movements accurately and execute precise buy/sell decisions with this revolutionary online forex trading software.

Emotional Side of Forex Trader

By Danielle Franklin

If forex trading is not a game how come I sometimes feel like a looser? After all these years of experience is it possible to still have forex trading "anxiety"? Can forex trader be depressed?!

Before running to your psychologist with a new list of questions, let's try to make things clear ourselves. It doesn't really matter whether you are a beginner or an experienced trader - money loss is something that can happen to every one of us, no exceptions. The question is how you can overcome the fear of becoming a looser without missing a good profit opportunity.

I think, most importantly, you shouldn't give up trading just because you lost some. Forex Trading is a skill profession. You not only learn from books, news, articles and trading courses - you learn from your own mistakes. You can never become a professional without "falling down from the house" couple of times. And what do we do when we fall of the horse? We get back on!

Another good tip is to invest a "comfortable" amount of money. Of course every penny is important, especially if you worked your ass off to get it. So I suggest taking it slow in the beginning. You can always move to bigger trades once you get more comfortable and once you make some profits.

If you aren't familiar with the term "stop" in forex trading, I strongly recommend getting to know this option. This feature is provided by almost all forex brokers and it will save you from loosing more then you can handle. Think of forex stop as a watchful security guard - it will make sure that you won't go over your daily trading limit.

Now, here is the tricky question. How to handle the loss? I mean, even if you are a pro, you won't win all the time. Eventually you end up loosing some. One way of handling the pressure is to smash your computer monitor with a hammer, rip off the keyboard and pull out all of your hair. However, understand that loosing, just like winning, is the part of trading equation. Keep learning, keep reading, keep trading. Things will get better as you build up your experience.

The beauty of forex trading is that your knowledge eventually pays off. When you experience a real loss, you learn. The next time you trade you definitely will not the same mistake again.

So, do you still need your psychologist?

Check out more forex articles, tutorials and forex brokers reviews at http://www.forexexplore.com

Broker Forex Trading - An Overview

By Benjamin Street

Broker Forex trading is the exchange of foreign currency. With forex trading you are actually exchanging one form of currency for another, this is referred to as buying and selling. There are a number of companies who will buy and sell their products to a foreign market place, they then take the profits they make and convert them into the local currencies. Eighty-five percent of trading is done in the major currencies of the world, currencies such as Australian Dollar, Japanese Yen, US Dollar, British Pound and Euro to list only a few.

Many people find forex trading to be a bit confusing especially now with the constant fluctuations of the world currencies. It is a fairly easy concept. However having a broker to help you in currency trading will assure you better trades and you don't have to spend a lot of time doing research in the market.

Broker forex trading is much easier than doing it on your own. Although it is true that anyone can profit from forex trading, no matter if they have experience or not it is also true that more than half of the people that get into forex trading will lose money over time, as trading can be risky when you are not familiar with the product. When you use a broker some of the risk is removed because a broker has some familiarity with the market trends.

When trading currency it can be difficult and a constant profit for most is hard to achieve. A method that is more proven to help you make a profit is broker forex trading. The evidence can be found by the number of people that have realized a profit and have made small fortunes with the assistance of a broker. A broker can help you no matter what the currency and financial market you are interested in trading in and they can help you to understand how to read the market trends and make recommendations.

When dealing in forex, it is crucial to know how it works and you should also be aware of the pros and cons of trading currency. Forex trading has become a very popular choice for many investors who are looking to make money. With the Forex market and investments made in it, there are benefits as well as risks. Some of these are profitable and others are not.

Brokers that work in the forex market on a daily basis spend time learning and analyzing what changes are taking place in the market. They know when to place a bid and when not to. This is just another of the numerous reason that broker forex trading is important. Brokers know the pros and cons of the currency market and this is useful, as they will help to place you on a path that will eventually become profitable for you. By knowing both sides of the market, the negative and the positive you have a better chance of being in a position that is profitable as well as safe.

Now that you have found out what you you should be doing, go to Forex Killer to discover why it's so easy to create 10's of thousands of dollars by trading forex with the very best cutting edge information available!

Fx Currency Trading - Forex Candlesticks Made Easy

By Andrew G. Bond

In the fast-paced world of the foreign exchange (forex or fx) market, you need all the help you can get to keep on top of trends and price changes. You can choose from a host of oscillators and momentum indicators to keep your finger on the pulse of the market. But the information they give you tends to lag behind. What you need is a way to gauge what the market is doing now at a glance. Fortunately help is at hand in the form of Japanese candlestick charts. So what are they and what makes them so special?

Candlestick charting was developed by Japanese trader Homma Munehisa who used them to corner the Osaka rice market in the 18th century. As Japan was in isolation for centuries, candlestick techniques remained hidden from the rest of the world. Charles Dow in the United States developed his own bar chart system which has much in common with candlesticks.

Japanese candlestick charting was to remain hidden from most of the world until 1990 when trader Steve Nison discovered themes. After examining old Japanese documents, Nison unlocked the simple beauty of the candlestick trading method and went on to popularize it in a series of books.

So what exactly are they and why are they so great?

A candlestick comprises a body (by default black for uptrending and white for downtrending) and an upper and a lower shadow sometimes called a wick. The upper and lower shadows represents the highest and lowest prices and the body corresponds to the opening and closing prices. By looking at the color and length of a candlestick or the configuration of groups of candlesticks, and also the absence or length of shadows, traders can gain profound insights into the state of the forex market.

Nison identifies a host of candlestick formations including the dark-cloud over, hanging man, morning and evening stars, three black crows and the famous doji, with its various incarnations as dragonfly doji, long-legged doji and gravestone doji.

Studying the world of Japanese candlesticks could take a lifetime but a working trader needs a small group of candlestick patterns he can apply with confidence and clarity on a day to day basis.

In fact, a select handful of candlestick patterns can tell you everything you need to know about what's happening in the forex market right now. The problem is knowing which patterns to focus on and then how to interpret them correctly. Once you get that right, the foreign exchange market will yield its secrets and its profits.

The ebook Forex:Forex Candlesticks Made Easy gives you a keen and easy insight into candlesticks and that 'Zen edge' you need to navigate the tricky forex market. Read a review of this dazzling new ebook at http://hubpages.com/hub/Forex-Candlestick-Charting-Made-Easy