|
Today, the fastest way to make money at home could
be via a Forex account !
| I have prepared Forex trading
ideas that can help you learn successful money making techniques in
a very short time, saving you a year of practicing and thousands of
dollars in possible losses, not to mention the big money you could
make, depending on how disciplined and clever you are !
|
 |
In the Forexbody
System Wizard you will find
short and mid term Forex trading systems and
Successful strategies you can master in minutes, the
pages include all the screen shots, screen recording and instructions that are so
simple that anyone can follow, even if they lack computer and
financial knowledge !
"If this does not teach you
how to be profitable in Forex, Nothing else will"
INSTANT FULL ACCESS
|
Check out
this 5 Hours Demo Account
Here is a Demo account
at a reputable Forex Broker, Forex.com, where I start new demo
accounts almost everyday, I test all different systems on Demo
accounts only, with this company you are assured that demo accounts
mimic live account 100% as long as your orders are less that 10
millions. Below is an account operated for 5 hours or so. Note below
that there is no losing floating trades at all, so you can close the
floating trade with profit and start new trades. This is a
perfect explanation of the illustration on the right and that is the
way to pull money from your computer screen in the comfort of your
own home, No commuting, No boss, No traffic jams, No boredom, No
dress code, No pressure, and you could be holding your kid in your
lap or doing push-ups on the floor, pull-ups on a bar or you
could be watching TV or flirting your spouse, or eating your dinner
at home !
|
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|
|
FOREX.com
|
Account: 90219409 |
Name: rec |
Currency: USD |
2009 June 9, 07:26 |
|
Closed Transactions: |
|
Ticket |
Open Time |
Type |
Size |
Item |
Price |
S / L |
T / P |
Close Time |
Price |
Commission |
Taxes |
Swap |
Profit |
|
9359266 |
2009.06.08
13:28 |
sell |
3.00 |
eurusdfxf |
1.3884 |
0.0000 |
1.3881 |
2009.06.08
13:32 |
1.3881 |
0.00 |
0.00 |
0.00 |
90.00 |
|
9358824 |
2009.06.08
13:20 |
buy |
3.00 |
eurusdfxf |
1.3874 |
0.0000 |
1.3879 |
2009.06.08
13:23 |
1.3879 |
0.00 |
0.00 |
0.00 |
150.00 |
|
9357240 |
2009.06.08
12:49 |
sell |
3.00 |
eurusdfxf |
1.3881 |
0.0000 |
1.3876 |
2009.06.08
12:51 |
1.3876 |
0.00 |
0.00 |
0.00 |
150.00 |
|
9356390 |
2009.06.08
12:28 |
sell |
0.50 |
eurusdfxf |
1.3875 |
0.0000 |
1.3872 |
2009.06.08
12:31 |
1.3872 |
0.00 |
0.00 |
0.00 |
15.00 |
|
9354870 |
2009.06.08
12:02 |
sell |
0.50 |
eurusdfxf |
1.3870 |
0.0000 |
1.3865 |
2009.06.08
12:10 |
1.3865 |
0.00 |
0.00 |
0.00 |
25.00 |
|
9354534 |
2009.06.08 11:59 |
sell |
0.50 |
eurusdfxf |
1.3859 |
0.0000 |
1.3856 |
2009.06.08
13:15 |
1.3876 |
0.00 |
0.00 |
0.00 |
-85.00 |
|
9354087 |
2009.06.08
11:51 |
buy |
0.50 |
eurusdfxf |
1.3840 |
0.0000 |
1.3848 |
2009.06.08
11:54 |
1.3848 |
0.00 |
0.00 |
0.00 |
40.00 |
|
9353022 |
2009.06.08
11:31 |
sell |
0.50 |
eurusdfxf |
1.3855 |
0.0000 |
1.3850 |
2009.06.08
11:40 |
1.3850 |
0.00 |
0.00 |
0.00 |
25.00 |
|
9351290 |
2009.06.08
11:05 |
buy |
0.50 |
eurusdfxf |
1.3828 |
0.0000 |
1.3831 |
2009.06.08
11:10 |
1.3831 |
0.00 |
0.00 |
0.00 |
15.00 |
|
9351283 |
2009.06.08
11:05 |
buy |
0.50 |
eurusdfxf |
1.3831 |
0.0000 |
1.3832 |
2009.06.08
11:11 |
1.3832 |
0.00 |
0.00 |
0.00 |
5.00 |
|
9349978 |
2009.06.08
10:41 |
sell |
0.50 |
eurusdfxf |
1.3843 |
0.0000 |
1.3835 |
2009.06.08
10:58 |
1.3835 |
0.00 |
0.00 |
0.00 |
40.00 |
|
9348765 |
2009.06.08
10:23 |
sell |
0.50 |
eurusdfxf |
1.3836 |
0.0000 |
1.3834 |
2009.06.08
10:24 |
1.3834 |
0.00 |
0.00 |
0.00 |
10.00 |
|
9347612 |
2009.06.08 10:03 |
sell |
1.00 |
eurusdfxf |
1.3821 |
0.0000 |
1.3809 |
2009.06.08
11:49 |
1.3848 |
0.00 |
0.00 |
0.00 |
-270.00 |
|
9346343 |
2009.06.08
09:47 |
sell |
1.00 |
eurusdfxf |
1.3824 |
0.0000 |
1.3821 |
2009.06.08
09:51 |
1.3821 |
0.00 |
0.00 |
0.00 |
30.00 |
|
9345804 |
2009.06.08
09:40 |
buy |
1.00 |
eurusdfxf |
1.3828 |
0.0000 |
1.3832 |
2009.06.08
10:11 |
1.3832 |
0.00 |
0.00 |
0.00 |
40.00 |
|
9342872 |
2009.06.08 09:09 |
sell |
0.50 |
eurusdfxf |
1.3883 |
0.0000 |
1.3873 |
2009.06.08
09:23 |
1.3881 |
0.00 |
0.00 |
0.00 |
10.00 |
|
9342568 |
2009.06.08
09:05 |
sell |
0.50 |
eurusdfxf |
1.3879 |
0.0000 |
1.3876 |
2009.06.08
09:24 |
1.3876 |
0.00 |
0.00 |
0.00 |
15.00 |
|
9341802 |
2009.06.08
08:50 |
buy |
0.50 |
eurusdfxf |
1.3877 |
0.0000 |
1.3880 |
2009.06.08
09:05 |
1.3880 |
0.00 |
0.00 |
0.00 |
15.00 |
|
9341431 |
2009.06.08
08:43 |
sell |
0.50 |
eurusdfxf |
1.3872 |
0.0000 |
1.3869 |
2009.06.08
09:29 |
1.3869 |
0.00 |
0.00 |
0.00 |
15.00 |
|
9340019 |
2009.06.08
08:22 |
buy |
0.50 |
eurusdfxf |
1.3863 |
0.0000 |
1.3866 |
2009.06.08
08:30 |
1.3866 |
0.00 |
0.00 |
0.00 |
15.00 |
|
9339456 |
2009.06.08
08:16 |
buy |
0.50 |
eurusdfxf |
1.3858 |
0.0000 |
1.3864 |
2009.06.08
08:26 |
1.3864 |
0.00 |
0.00 |
0.00 |
30.00 |
|
9339172 |
2009.06.08
08:14 |
buy |
0.50 |
eurusdfxf |
1.3876 |
0.0000 |
1.3881 |
2009.06.08
08:42 |
1.3881 |
0.00 |
0.00 |
0.00 |
25.00 |
|
9316268 |
2009.06.07
22:17 |
balance |
Deposit |
10,000.00 |
|
|
0.00 |
0.00 |
0.00 |
405.00 |
|
Closed P/L: |
405.00 |
|
Open Trades: |
|
Ticket |
Open Time |
Type |
Size |
Item |
Price |
S / L |
T / P |
|
Price |
Commission |
Taxes |
Swap |
Profit |
|
9399936 |
2009.06.09 07:24 |
sell |
1.00 |
eurusdfxf |
1.3952 |
0.0000 |
1.3947 |
|
1.3949 |
0.00 |
0.00 |
0.00 |
30.00 |
|
|
0.00 |
0.00 |
0.00 |
30.00 |
|
|
Floating P/L: |
30.00 |
|
Working Orders: |
|
Ticket |
Open Time |
Type |
Size |
Item |
Price |
S / L |
T / P |
Market Price |
|
|
No transactions |
|
|
|
Summary: |
|
Deposit/Withdrawal: |
10,000.00 |
Credit Facility: |
0.00 |
|
|
Closed Trade P/L: |
405.00 |
Floating P/L: |
30.00 |
Margin: |
1,395.20 |
|
Balance: |
10,405.00 |
Equity: |
10,435.00 |
Free Margin: |
9,039.80 |
Check this
100K Account, in 5 days it was grown to 144k, No
losing trades !
FOREX.com
| Account: 90237818 |
Name: 100k |
Currency: USD |
2009 July 9,
18:18 |
| Closed Transactions: |
| Ticket |
Open Time |
Type |
Size |
Item |
Price |
S / L |
T / P |
Close Time |
Price |
Commission |
Taxes |
Swap |
Profit |
| 10739492 |
2009.07.08 20:29 |
sell |
50.00 |
eurusdfxf |
1.3882 |
0.0000 |
1.3864 |
2009.07.08 23:29 |
1.3864 |
0.00 |
0.00 |
-750.00 |
9,000.00 |
| 10676399 |
2009.07.08 02:48 |
buy |
8.00 |
gbpusdfxf |
1.6091 |
0.0000 |
0.0000 |
2009.07.09 11:27 |
1.6225 |
0.00 |
0.00 |
24.00 |
10,720.00 |
| 10672792 |
2009.07.08 00:39 |
buy |
8.00 |
eurusdfxf |
1.3898 |
0.0000 |
0.0000 |
2009.07.08 01:20 |
1.3907 |
0.00 |
0.00 |
0.00 |
720.00 |
| 10663000 |
2009.07.07 20:14 |
sell |
20.00 |
eurusdfxf |
1.3917 |
0.0000 |
1.3899 |
2009.07.07 23:45 |
1.3899 |
0.00 |
0.00 |
-100.00 |
3,600.00 |
| 10652866 |
2009.07.07 15:32 |
buy |
8.00 |
eurusdfxf |
1.3959 |
0.0000 |
0.0000 |
2009.07.07 16:02 |
1.3960 |
0.00 |
0.00 |
0.00 |
80.00 |
| 10652086 |
2009.07.07 15:15 |
buy |
8.00 |
eurusdfxf |
1.3985 |
0.0000 |
1.3995 |
2009.07.09 12:02 |
1.3995 |
0.00 |
0.00 |
32.00 |
800.00 |
| 10648505 |
2009.07.07 13:42 |
buy |
8.00 |
eurusdfxf |
1.3986 |
0.0000 |
0.0000 |
2009.07.07 14:44 |
1.3993 |
0.00 |
0.00 |
0.00 |
560.00 |
| 10647382 |
2009.07.07 13:20 |
buy |
1.00 |
eurusdfxf |
1.3999 |
0.0000 |
0.0000 |
2009.07.09 18:17 |
1.4054 |
0.00 |
0.00 |
4.00 |
550.00 |
| 10644511 |
2009.07.07 12:00 |
buy |
1.00 |
eurusdfxf |
1.4030 |
0.0000 |
0.0000 |
2009.07.09 18:17 |
1.4054 |
0.00 |
0.00 |
4.00 |
240.00 |
| 10644298 |
2009.07.07 11:57 |
buy |
8.00 |
eurusdfxf |
1.4039 |
0.0000 |
0.0000 |
2009.07.09 18:17 |
1.4054 |
0.00 |
0.00 |
32.00 |
1,200.00 |
| 10619780 |
2009.07.07 00:56 |
sell |
2.00 |
eurusdfxf |
1.3968 |
0.0000 |
1.3956 |
2009.07.07 01:47 |
1.3956 |
0.00 |
0.00 |
0.00 |
240.00 |
| 10618924 |
2009.07.07 00:12 |
sell |
16.00 |
eurusdfxf |
1.3987 |
0.0000 |
1.3965 |
2009.07.07 00:56 |
1.3970 |
0.00 |
0.00 |
0.00 |
2,720.00 |
| 10612134 |
2009.07.06 20:11 |
sell |
8.00 |
eurusdfxf |
1.3986 |
0.0000 |
0.0000 |
2009.07.06 20:24 |
1.3983 |
0.00 |
0.00 |
0.00 |
240.00 |
| 10610864 |
2009.07.06 19:49 |
sell |
16.00 |
eurusdfxf |
1.3974 |
0.0000 |
1.3966 |
2009.07.06 22:34 |
1.3966 |
0.00 |
0.00 |
-80.00 |
1,280.00 |
| 10609720 |
2009.07.06 19:11 |
sell |
16.00 |
eurusdfxf |
1.3964 |
0.0000 |
1.3940 |
2009.07.06 19:36 |
1.3961 |
0.00 |
0.00 |
0.00 |
480.00 |
| 10608602 |
2009.07.06 18:29 |
buy |
8.00 |
eurusdfxf |
1.3965 |
0.0000 |
1.3975 |
2009.07.06 19:10 |
1.3966 |
0.00 |
0.00 |
0.00 |
80.00 |
| 10608472 |
2009.07.06 18:22 |
buy |
8.00 |
eurusdfxf |
1.3961 |
0.0000 |
1.3964 |
2009.07.06 18:23 |
1.3964 |
0.00 |
0.00 |
0.00 |
240.00 |
| 10608412 |
2009.07.06 18:21 |
sell |
8.00 |
eurusdfxf |
1.3959 |
0.0000 |
0.0000 |
2009.07.06 18:22 |
1.3957 |
0.00 |
0.00 |
0.00 |
160.00 |
| 10603095 |
2009.07.06 15:57 |
buy |
8.00 |
eurusdfxf |
1.3937 |
0.0000 |
0.0000 |
2009.07.06 17:15 |
1.3943 |
0.00 |
0.00 |
0.00 |
480.00 |
| 10602965 |
2009.07.06 15:53 |
buy |
8.00 |
eurusdfxf |
1.3938 |
0.0000 |
1.3945 |
2009.07.06 17:15 |
1.3945 |
0.00 |
0.00 |
0.00 |
560.00 |
| 10601874 |
2009.07.06 15:29 |
buy |
8.00 |
eurusdfxf |
1.3931 |
0.0000 |
1.3939 |
2009.07.06 15:47 |
1.3939 |
0.00 |
0.00 |
0.00 |
640.00 |
| 10601046 |
2009.07.06 15:11 |
buy |
20.00 |
eurusdfxf |
1.3920 |
0.0000 |
1.3924 |
2009.07.06 15:14 |
1.3924 |
0.00 |
0.00 |
0.00 |
800.00 |
| 10600909 |
2009.07.06 15:09 |
sell |
20.00 |
eurusdfxf |
1.3925 |
0.0000 |
1.3920 |
2009.07.06 15:10 |
1.3920 |
0.00 |
0.00 |
0.00 |
1,000.00 |
| 10598959 |
2009.07.06 14:26 |
buy |
8.00 |
eurusdfxf |
1.3907 |
0.0000 |
0.0000 |
2009.07.06 15:02 |
1.3922 |
0.00 |
0.00 |
0.00 |
1,200.00 |
| 10598510 |
2009.07.06 14:18 |
buy |
8.00 |
eurusdfxf |
1.3914 |
0.0000 |
1.3932 |
2009.07.06 15:06 |
1.3928 |
0.00 |
0.00 |
0.00 |
1,120.00 |
| 10595646 |
2009.07.06 13:34 |
buy |
8.00 |
eurusdfxf |
1.3908 |
0.0000 |
1.3927 |
2009.07.06 13:42 |
1.3927 |
0.00 |
0.00 |
0.00 |
1,520.00 |
| 10593925 |
2009.07.06 13:06 |
buy |
8.00 |
eurusdfxf |
1.3910 |
0.0000 |
0.0000 |
2009.07.06 13:44 |
1.3922 |
0.00 |
0.00 |
0.00 |
960.00 |
| 10592221 |
2009.07.06 12:14 |
buy |
8.00 |
eurusdfxf |
1.3898 |
0.0000 |
1.3916 |
2009.07.06 12:31 |
1.3905 |
0.00 |
0.00 |
0.00 |
560.00 |
| 10568374 |
2009.07.06 02:42 |
sell |
16.00 |
eurusdfxf |
1.3959 |
0.0000 |
1.3947 |
2009.07.06 06:45 |
1.3947 |
0.00 |
0.00 |
0.00 |
1,920.00 |
| 10551751 |
2009.07.03 14:49 |
buy |
8.00 |
eurusdfxf |
1.4006 |
0.0000 |
1.4023 |
2009.07.07 11:15 |
1.4023 |
0.00 |
0.00 |
16.00 |
1,360.00 |
| 10551722 |
2009.07.03 14:45 |
sell |
8.00 |
eurusdfxf |
1.4007 |
0.0000 |
1.4005 |
2009.07.03 14:46 |
1.4005 |
0.00 |
0.00 |
0.00 |
160.00 |
| 10543886 |
2009.07.03 09:17 |
buy |
8.00 |
eurusdfxf |
1.4005 |
0.0000 |
0.0000 |
2009.07.03 14:45 |
1.4007 |
0.00 |
0.00 |
0.00 |
160.00 |
| 10543874 |
2009.07.03 09:17 |
balance |
Deposit |
100,000.00 |
| |
0.00 |
0.00 |
-818.00 |
45,350.00 |
| Closed P/L: |
44,532.00 |
| Open Trades: |
| Ticket |
Open Time |
Type |
Size |
Item |
Price |
S / L |
T / P |
|
Price |
Commission |
Taxes |
Swap |
Profit |
| No transactions |
| |
0.00 |
0.00 |
0.00 |
0.00 |
| |
Floating P/L: |
0.00 |
| Working Orders: |
| Ticket |
Open Time |
Type |
Size |
Item |
Price |
S / L |
T / P |
Market Price |
|
| No transactions |
| |
| Summary: |
| Deposit/Withdrawal: |
100,000.00 |
Credit Facility: |
0.00 |
|
| Closed Trade P/L: |
44,532.00 |
Floating P/L: |
0.00 |
Margin: |
0.00 |
| Balance: |
144,532.00 |
Equity: |
144,532.00 |
Free Margin: |
144,532.00 |
| |
| Details: |
 |
| Gross Profit: |
44,532.00 |
Gross Loss: |
0.00 |
Total Net Profit: |
44,532.00 |
| Profit Factor: |
|
Expected Payoff: |
1391.63 |
|
| Absolute Drawdown: |
0.00 |
Maximal Drawdown: |
0.00 (0.00%) |
Relative Drawdown: |
0.00% (0.00) |
| |
| Total Trades: |
32 |
Short Positions (won %): |
11 (100.00%) |
Long Positions (won %): |
21 (100.00%) |
| Profit Trades (% of total): |
32 (100.00%) |
Loss trades (% of total): |
0 (0.00%) |
| Largest |
profit trade: |
10,744.00 |
loss trade: |
0.00 |
| Average |
profit trade: |
1,391.63 |
loss trade: |
0.00 |
| Maximum |
consecutive wins ($): |
32 (44,532.00) |
consecutive losses ($): |
0 (0.00) |
| Maximal |
consecutive profit (count): |
44,532.00 (32) |
consecutive loss (count): |
0.00 (0) |
| Average |
consecutive wins: |
32 |
consecutive losses: |
0 |
"Trust me, I have one page in this multimedia book called
How to use the Dow Jones Index as your BUY/ SELL Indicator,
that if you follow you can do in your account just like I
have done in the above statement, in just 5 days"
You may
View the above statement
exactly as generated by METATRADER 4 trading software
I
will give you most Forex valuable information even before you pay me
!
In
this very page I'm going to provide you with most valuable
information to help you avoid Forex deadliest pitfalls, The Forex
market is very complex but I will emphasize on short term trading,
or scalping, basically trades that lasts from few seconds to few
minutes, so most of the time you will have no open trades and thus
you will have zero exposure to the market. My Idea is to sit back
watching the market like a hunter waiting for prey, and knowing that
if prey escapes one of your attempts it will cost you, but It will
not cost high enough to lose the next hunting opportunity that could
come along. Of course this type of Forex trading requires constant
watch which could be fun to some people but simply a loss of
personal freedom to many others, and that is why I have worked hard
to find another way to trade currency specially tailored for those
of us who can not sit with their eyes blank on a computer monitor,
because with this other method they can check upon their trades only
once every 12 hours and for no longer than 5 minutes !
Stop
loss is great as it seems to the beginner, not the
trained professional. Assigning a stop loss should never be
used if you want to make money in Forex, I know this sounds crazy to
most readers but this is the truth about it. Both Stop Loss and
Profit Limit are inventions designed to make you lose your
investment. Invented by brokers who used to trade against their
customers, but now days every trading platform has them, It must
have them otherwise you wont be interested in the platform, we will
talk more about this later. take profit is a good thing to have and
use at certain times when can not monitor a trade constantly, It
closes your trades profitable pull you out of drawdown while
you are asleep.
Above,
I have given you 2 important tips for free and they could save you
thousands in losses and make you thousands in profits, The first tip
is NEVER USE A STOP LOSS except occasionally
when you have a poor internet connection and you find it difficult
to close a trade on timely manner, and the Second Tip is: DO NOT
HAVE OPEN TRADES ALL THE TIMES, you should be in the Forex market
some time. There will be a whole lot more great tips to help you
succeed, you do not have to worry about losing money if I teach you
wrong ideas, because when you are done reading, DO NOT OPEN A REAL
ACCOUNT to test these ideas, you practice for free for as long as
you wish without risking a dime of your own money !
NOW
LET ME GIVE THE MOST IMPORTANT PIECE OF INFORMATION EVER REGARDING
FOREX MARKET BEHAVIOR
Unlike
stocks, which are seldom sold short, In Forex both short and long
actions are equally common, you can win both ways or lose. You are
not dealing with a company reputation that can go bust any day, You
are dealing with a major currency that fluctuates in price nearly
twenty times per minute, It goes up, down or sideways. You are
dealing with a product so leveraged that slightest price moves can
result in thousands of dollars in profit or loss that can happen to
a relatively small account. Probably you know this and a lot more so
what is my point here. I will tell straight out, if you learn what
I'm about to tell you now, and practice for a while, you will be one
of the successful Forex traders as long as you use proper
discipline, so here we go:
In
Forex when you think a currency is undervalued and you buy it, it is
probably not undervalued enough yet, and when you think a currency
is overvalued and you sell it it is probably not overvalued enough
to sell it yet, why this happens all the time?
I will
tell the main reason for this, The Forex market liquidity is
composed by bids, offers, stop limits and take profit limits, so
where are these located on a typical chart, these things are support
and resistance lines, and their location differs depending on the
time frame used, but in general close to current price, so when a
currency price penetrates its resistance, it will explore new highs
and it will surprise you, and that is why you sold it before the
right time has come, and when a currency falls below its support
line it can also have a free fall and you could have bought it
because you thought it was undervalued. Here is a typical market
expectation report from a typical forex broker: For EURUSD offers
seen placed between USD1.4215/25, a break to open a move toward
USD1.4240/50 ahead of USD1.4275. Support seen at USD1.4180 ahead of
USD1.4165, with demand noted from this level, extending toward
USD1.4150. Stops noted on a break below. A break here may allow for
a deeper move toward USD1.4130/20 ahead of USD1.4105/00 and
USD1.4070. Larger stops noted under USD1.4050, which if triggered
open a potential drop to USD1.3730.
GBP sliding again, as Japanese players sell due to lingering
political risks in U.K, say analysts. Players are squaring their
pound positions to decrease their exposure against the political
risks in the U.K. over the coming weekend. GBPUSD may fall to
USD1.5900 and GBPJPY may fall to 155.00. Adds, if 155.00 broken then
for GBPJPY, next target will be 152.00 as 155.00 as it is an
important technical line. Got it?
SO
HOW CAN I HELP FURTHER
When I
first discovered Forex I was excited, I started with a 50 K demo
account and was able to win instantly, At one time I had a 100 k
demo account that I had grown to 1.2 millions in few months, and a
live account of $250 grown to $850 in one week, then suddenly I
started to become a loser in both domo and live accounts !, That was
when every broker company I made a demo account with started to
send me market expectations by email, news that has been history,
risk appetite and risk aversion, employment data and about a hundred
other events on each currency's event calendar. it seemed like every
one was wrong all the time, Now I mark all this as spam and save my
self the trouble. So after being shocked at my losses, I glued
my eyes to my screen nearly sixteen hours per day and sometimes I
never sleep. Even in weekends when the market closes I play back the
entire week charts at high speed, times and times again. After 12
months things started to turn around and discovered what I was doing
wrong and discovered new ways to trade. I will pass this information
to you but I will hold some for those serious people out there who
will take the serious step of going live on their trading career.
You
can not work with Forex for a while without noticing the correlation
with the stock market, particularly the Dow Jones Industrial
Average, I spent countless hours researching this, and I have found
that The Dow Jones Indicator has a great effect on currencies like
EURUSD pair, AUDUSD pair, GBPUSD pair, USDJPY pair, USDCAD pair, or
even EURJPY pair. It has immediate effect sometimes, it has a short
term and a long term effect, while at the same time, the Dow Jones
indicator itself is affected by these currency prices, and it
adjusts to these effects almost everyday at opening time. I'm not
going to go through analyzing why this happens but I want you to see
it yourself, experience it for a while, and you can feel this
relation between the Dow Jones and The International Currency Pairs
specially those containing USD in the symbol.
It
goes like this for near term about 90 % of the time
DOW
JONES INDEX moves
up
=> EURUSD, GBPUSD, AUDUSD move
up
almost instantly or after 1-3 second delay
DOW
JONES INDEX moves
down
=> EURUSD, GBPUSD, AUDUSD move
down
almost instantly or after 1-3 second delay
DOW
JONES INDEX moves
up
=> USDCAD, USDJPY, USDCHF move
down
almost instantly or after 1-3 second delay
DOW
JONES INDEX moves
down => USDCAD, USDJPY, USDCHF move
up
almost instantly or after 1-3 second delay
For
long Term, you should know that the dollar will collapse when the
Dow Jones picks up for any single day, so any currency valued by the
dollar will go up !
To see
this effect in action you need to do the following,
1.
Download Metatrader 4
and start a Demo account, full instructions available on download
page and Metatrader 4 Learning
Page
2.
Download my Forex
Toolbar, In the main menu button of the toolbar I provided 3 Dow
Jones utilities:
Click on one link and
a small window will give you a feed of the Dow Jones Industrial
average, with a maximum of 2 seconds delay,
OK, this sounds easy, but I
guarantee that if you try it without first learning how to do it
right, you will blow your account in few trades. There is a secret
how you can use this to your advantage, and there are few trading
opportunities every trading day. I will show you how to do this in
my Forexbody System Wizard.
The
trick to make money from this amazing opportunity is get access to
my Forexbody System Wizard where I will show you how to access the Dow
Jones index feed with zero delay and open its live 1 minute chart
side by side with your trading platform, and how to spot a trading
opportunity based on this system and capture profit from market
slightest fluctuations without prolonged exposure to the market.
|
The System you will get
is as simple as this |
|
 |
Do Not Make another Forex order
before you get this
Forex
Scalping with the Dow Jones Index !
|
For nearly six
months now, every business day, at 9:20 AM Eastern time /
2:20 PM GMT, 10 minutes before the Dow bell I start a brand
new demo account for practicing that I abandon in few hours
once I close 7 to 10 consecutive trades profitable, I
set up my screen as shown in the screen shot on the right. I
behold the 1 minute Dow Jones candle stick chart and the 1
minute EURUSD chart on 2 separate copies of MT4 on two
different companies.
Few minutes
after the bell I start to spot trading opportunities, I make
up to 15 trades during the London/New York overlap, which is
a trading time noted by many Forex professionals as the best
time of the day to trade Forex.
If you have any
comments please feel free to
post in this
bog
|
 |
| 20 minutes after the bell |
 |
| First trade about to be closed |
 |
| 10 minutes later , about to close 2nd
winning trade |
 |
| 8 minutes later, another trade |
 |
| 4 minutes later, another winning trade. |
 |
| No open trades now |
 |
| 5 minutes later, another trade about to win,
closed manually later with $25 profit |
 |
| No open trades now |
 |
| 15 minutes later another opportunity looms |
 |
| No open trades |
 |
| after being idle for 10 minutes |
 |
| 1 minute after closing the previous trade |
 |
| It's now more than an hour into the
London-NY overlap session and it's a no news day |
 |
| only 2 minutes after previous trade |
 |
| Here is trade that turns to a loser see how
this was handled |
 |
| As above trade turned to a loser, I
initiated a hedge |
 |
| My losing trade after closing the winning
part of the hedge |
 |
| The losing trade about to turn to profitable
after closing hedge |
 |
| Now xxx179 is a winner |
 |
| No open trades: $380
profit |
 |
| 20 minutes later another trade escapes to
negative zone, so I complement it with another in the same
direction |
 |
| With the Dow 1 minute chart this strategy
pays, note the decreasing loss |
 |
| Both trades closed manually later with a net profit of $45 |
 |
| All the above action took
roughly one hour at the beginning of trading day in NY:
below you can view detailed report below:
|
FOREX.com
| Account: 90221903 |
Name: recdj |
Currency: USD |
2009 June 10,
16:42 |
| Closed Transactions: |
| Ticket |
Open Time |
Type |
Size |
Item |
Price |
S / L |
T / P |
Close Time |
Price |
Commission |
Taxes |
Swap |
Profit |
| 9475307 |
2009.06.10 16:18 |
sell |
0.50 |
eurusdfxf |
1.4009 |
0.0000 |
0.0000 |
2009.06.10 16:33 |
1.3990 |
0.00 |
0.00 |
0.00 |
95.00 |
| 9474174 |
2009.06.10 15:53 |
sell |
0.50 |
eurusdfxf |
1.3982 |
0.0000 |
1.3969 |
2009.06.10 16:33 |
1.3990 |
0.00 |
0.00 |
0.00 |
-40.00 |
| 9473376 |
2009.06.10 15:30 |
buy |
0.50 |
eurusdfxf |
1.3979 |
0.0000 |
1.3988 |
2009.06.10 15:36 |
1.3980 |
0.00 |
0.00 |
0.00 |
5.00 |
| 9473179 |
2009.06.10 15:25 |
sell |
0.50 |
eurusdfxf |
1.3975 |
0.0000 |
1.3969 |
2009.06.10 15:48 |
1.3971 |
0.00 |
0.00 |
0.00 |
20.00 |
| 9473080 |
2009.06.10 15:22 |
buy |
0.50 |
eurusdfxf |
1.3966 |
0.0000 |
1.3975 |
2009.06.10 15:24 |
1.3975 |
0.00 |
0.00 |
0.00 |
45.00 |
| 9473003 |
2009.06.10 15:20 |
buy |
0.50 |
eurusdfxf |
1.3963 |
0.0000 |
1.3974 |
2009.06.10 15:21 |
1.3966 |
0.00 |
0.00 |
0.00 |
15.00 |
| 9472321 |
2009.06.10 15:11 |
buy |
0.50 |
eurusdfxf |
1.3970 |
0.0000 |
1.3981 |
2009.06.10 15:13 |
1.3976 |
0.00 |
0.00 |
0.00 |
30.00 |
| 9471842 |
2009.06.10 15:04 |
buy |
0.50 |
eurusdfxf |
1.3980 |
0.0000 |
1.3988 |
2009.06.10 15:07 |
1.3985 |
0.00 |
0.00 |
0.00 |
25.00 |
| 9470956 |
2009.06.10 14:51 |
sell |
0.50 |
eurusdfxf |
1.4001 |
0.0000 |
1.3990 |
2009.06.10 15:01 |
1.3993 |
0.00 |
0.00 |
0.00 |
40.00 |
| 9470935 |
2009.06.10 14:50 |
buy |
0.50 |
eurusdfxf |
1.4009 |
0.0000 |
1.4017 |
2009.06.10 14:56 |
1.4014 |
0.00 |
0.00 |
0.00 |
25.00 |
| 9470177 |
2009.06.10 14:36 |
buy |
0.50 |
eurusdfxf |
1.4030 |
0.0000 |
1.4040 |
2009.06.10 14:37 |
1.4035 |
0.00 |
0.00 |
0.00 |
25.00 |
| 9469649 |
2009.06.10 14:28 |
buy |
0.50 |
eurusdfxf |
1.4018 |
0.0000 |
1.4027 |
2009.06.10 14:30 |
1.4027 |
0.00 |
0.00 |
0.00 |
45.00 |
| 9469446 |
2009.06.10 14:24 |
sell |
0.50 |
eurusdfxf |
1.4019 |
0.0000 |
1.4016 |
2009.06.10 14:26 |
1.4016 |
0.00 |
0.00 |
0.00 |
15.00 |
| 9469256 |
2009.06.10 14:22 |
buy |
0.50 |
eurusdfxf |
1.4016 |
0.0000 |
1.4019 |
2009.06.10 14:24 |
1.4019 |
0.00 |
0.00 |
0.00 |
15.00 |
| 9468866 |
2009.06.10 14:16 |
buy |
0.50 |
eurusdfxf |
1.4002 |
0.0000 |
1.4014 |
2009.06.10 14:21 |
1.4014 |
0.00 |
0.00 |
0.00 |
60.00 |
| 9468279 |
2009.06.10 14:04 |
sell |
0.50 |
eurusdfxf |
1.4006 |
0.0000 |
1.3998 |
2009.06.10 14:15 |
1.3998 |
0.00 |
0.00 |
0.00 |
40.00 |
| 9467175 |
2009.06.10 13:51 |
buy |
0.50 |
eurusdfxf |
1.4033 |
0.0000 |
1.4047 |
2009.06.10 13:53 |
1.4028 |
0.00 |
0.00 |
0.00 |
-25.00 |
| 9467079 |
2009.06.10 13:48 |
balance |
Deposit |
10,000.00 |
| |
0.00 |
0.00 |
0.00 |
435.00 |
| Closed P/L: |
435.00 |
| Open Trades: |
| Ticket |
Open Time |
Type |
Size |
Item |
Price |
S / L |
T / P |
|
Price |
Commission |
Taxes |
Swap |
Profit |
| 9475930 |
2009.06.10 16:35 |
buy |
0.50 |
eurusdfxf |
1.3991 |
0.0000 |
0.0000 |
|
1.3998 |
0.00 |
0.00 |
0.00 |
35.00 |
| |
0.00 |
0.00 |
0.00 |
35.00 |
| |
Floating P/L: |
35.00 |
| Working Orders: |
| Ticket |
Open Time |
Type |
Size |
Item |
Price |
S / L |
T / P |
Market Price |
|
| No transactions |
| |
| Summary: |
| Deposit/Withdrawal: |
10,000.00 |
Credit Facility: |
0.00 |
|
| Closed Trade P/L: |
435.00 |
Floating P/L: |
35.00 |
Margin: |
699.55 |
| Balance: |
10,435.00 |
Equity: |
10,470.00 |
Free Margin: |
9,770.45 |
| |
| Details: |
 |
| Gross Profit: |
500.00 |
Gross Loss: |
65.00 |
Total Net Profit: |
435.00 |
| Profit Factor: |
7.69 |
Expected Payoff: |
25.59 |
|
| Absolute Drawdown: |
25.00 |
Maximal Drawdown: |
40.00 (0.38%) |
Relative Drawdown: |
0.38% (40.00) |
| |
| Total Trades: |
17 |
Short Positions (won %): |
6 (83.33%) |
Long Positions (won %): |
11 (90.91%) |
| Profit Trades (% of total): |
15 (88.24%) |
Loss trades (% of total): |
2 (11.76%) |
| Largest |
profit trade: |
95.00 |
loss trade: |
-40.00 |
| Average |
profit trade: |
33.33 |
loss trade: |
-32.50 |
| Maximum |
consecutive wins ($): |
15 (500.00) |
consecutive losses ($): |
1 (-40.00) |
| Maximal |
consecutive profit (count): |
500.00 (15) |
consecutive loss (count): |
-40.00 (1) |
| Average |
consecutive wins: |
15 |
consecutive losses: |
1 |
|
| Below: A two day old account, I used the Relative Strength
Indicator, until the Dow Jones bell but
this time using 200 k lots sometimes with close watch, the report is
shown below In the Forexbody System Wizard I will show you how
to use RSI for Forex market scalping: In 2 days, I got
nearly $5000 in profits, If you can do this once every week,
you can double your money twice every month, We have a 50%
increase in two days. Grab a calculator and and see your
earnings after a year, you will be shocked, or take a look
at the gigantic account with screen shot below this one !-
This
video can help you understand how this can happen. |
|
|
FOREX.com
|
Account: 90222583 |
Name:
recdj3 |
Currency: USD |
2009 June 12, 20:40 |
|
Closed Transactions: |
| Ticket |
Open Time |
Type |
Size |
Item |
Price |
S / L |
T / P |
Close Time |
Price |
Commission |
Taxes |
Swap |
Profit |
| 9573549 |
2009.06.12
19:59 |
buy |
1.00 |
eurusdfxf |
1.3999 |
0.0000 |
0.0000 |
2009.06.12 20:39 |
1.4011 |
0.00 |
0.00 |
0.00 |
120.00 |
| 9573520 |
2009.06.12 19:57 |
buy |
1.00 |
eurusdfxf |
1.4001 |
0.0000 |
1.4001 |
2009.06.12 20:14 |
1.4001 |
0.00 |
0.00 |
0.00 |
0.00 |
| 9573438 |
2009.06.12
19:50 |
buy |
1.00 |
eurusdfxf |
1.3999 |
0.0000 |
0.0000 |
2009.06.12 19:53 |
1.4003 |
0.00 |
0.00 |
0.00 |
40.00 |
| 9573373 |
2009.06.12
19:45 |
sell |
1.00 |
usdjpyfxf |
98.35 |
0.00 |
98.31 |
2009.06.12 19:49 |
98.35 |
0.00 |
0.00 |
0.00 |
0.00 |
| 9573287 |
2009.06.12
19:39 |
sell |
1.00 |
eurusdfxf |
1.3996 |
0.0000 |
0.0000 |
2009.06.12 19:42 |
1.4002 |
0.00 |
0.00 |
0.00 |
-60.00 |
| 9573215 |
2009.06.12
19:35 |
sell |
1.00 |
eurusdfxf |
1.3996 |
0.0000 |
0.0000 |
2009.06.12 19:36 |
1.3997 |
0.00 |
0.00 |
0.00 |
-10.00 |
| 9573208 |
2009.06.12
19:35 |
sell |
1.00 |
eurusdfxf |
1.4000 |
0.0000 |
0.0000 |
2009.06.12 19:36 |
1.3996 |
0.00 |
0.00 |
0.00 |
40.00 |
| 9573093 |
2009.06.12
19:28 |
sell |
1.00 |
eurusdfxf |
1.4006 |
0.0000 |
0.0000 |
2009.06.12 19:31 |
1.4003 |
0.00 |
0.00 |
0.00 |
30.00 |
| 9572882 |
2009.06.12 19:12 |
buy |
1.00 |
eurusdfxf |
1.4020 |
0.0000 |
1.4022 |
2009.06.12 19:15 |
1.4022 |
0.00 |
0.00 |
0.00 |
20.00 |
| 9572839 |
2009.06.12
19:08 |
sell |
1.00 |
eurusdfxf |
1.4020 |
0.0000 |
1.4015 |
2009.06.12 19:11 |
1.4017 |
0.00 |
0.00 |
0.00 |
30.00 |
| 9572556 |
2009.06.12
18:55 |
buy |
1.00 |
eurgbpfxf |
0.8519 |
0.0000 |
0.8522 |
2009.06.12 19:04 |
0.8521 |
0.00 |
0.00 |
0.00 |
32.90 |
| 9571311 |
2009.06.12
18:11 |
buy |
0.50 |
eurusdfxf |
1.4007 |
0.0000 |
0.0000 |
2009.06.12 18:45 |
1.4019 |
0.00 |
0.00 |
0.00 |
60.00 |
| 9571038 |
2009.06.12
18:04 |
buy |
0.50 |
eurusdfxf |
1.4021 |
0.0000 |
1.4040 |
2009.06.12 18:46 |
1.4022 |
0.00 |
0.00 |
0.00 |
5.00 |
| 9567989 |
2009.06.12 15:48 |
buy |
0.50 |
eurusdfxf |
1.4030 |
0.0000 |
1.4037 |
2009.06.12 17:16 |
1.4037 |
0.00 |
0.00 |
0.00 |
35.00 |
| 9567956 |
2009.06.12
15:47 |
buy |
1.00 |
eurusdfxf |
1.4028 |
0.0000 |
1.4044 |
2009.06.12 16:07 |
1.4031 |
0.00 |
0.00 |
0.00 |
30.00 |
| 9567507 |
2009.06.12 15:34 |
buy |
1.00 |
eurusdfxf |
1.4025 |
0.0000 |
1.4037 |
2009.06.12 15:45 |
1.4037 |
0.00 |
0.00 |
0.00 |
120.00 |
|
9567434 |
2009.06.12 15:32 |
buy limit |
1.00 |
eurusdfxf |
1.4013 |
0.0000 |
0.0000 |
2009.06.12 17:03 |
1.4031 |
cancelled |
| 9567010 |
2009.06.12 15:23 |
buy |
1.00 |
eurusdfxf |
1.4012 |
0.0000 |
1.4024 |
2009.06.12 15:28 |
1.4024 |
0.00 |
0.00 |
0.00 |
120.00 |
|
9566699 |
2009.06.12 15:14 |
buy limit |
1.00 |
eurusdfxf |
1.3998 |
0.0000 |
0.0000 |
2009.06.12 15:34 |
1.4022 |
cancelled |
| 9566036 |
2009.06.12
15:05 |
buy |
1.00 |
eurusdfxf |
1.3998 |
0.0000 |
0.0000 |
2009.06.12 15:13 |
1.4009 |
0.00 |
0.00 |
0.00 |
110.00 |
| 9565200 |
2009.06.12
14:49 |
buy |
1.00 |
eurusdfxf |
1.3991 |
0.0000 |
1.4048 |
2009.06.12 14:58 |
1.4001 |
0.00 |
0.00 |
0.00 |
100.00 |
| 9563442 |
2009.06.12 14:02 |
buy |
1.00 |
eurusdfxf |
1.3945 |
0.0000 |
1.3956 |
2009.06.12 14:04 |
1.3956 |
0.00 |
0.00 |
0.00 |
110.00 |
| 9562810 |
2009.06.12 13:47 |
buy |
1.00 |
eurusdfxf |
1.3971 |
0.0000 |
1.3994 |
2009.06.12 14:38 |
1.3994 |
0.00 |
0.00 |
0.00 |
230.00 |
| 9560610 |
2009.06.12 12:50 |
buy |
1.00 |
eurusdfxf |
1.3964 |
0.0000 |
1.3966 |
2009.06.12 12:53 |
1.3966 |
0.00 |
0.00 |
0.00 |
20.00 |
| 9560540 |
2009.06.12 12:49 |
sell |
1.00 |
eurusdfxf |
1.3960 |
0.0000 |
1.3955 |
2009.06.12 12:51 |
1.3955 |
0.00 |
0.00 |
0.00 |
50.00 |
| 9557816 |
2009.06.12 11:55 |
sell |
2.00 |
eurusdfxf |
1.4003 |
0.0000 |
1.3998 |
2009.06.12 12:23 |
1.3998 |
0.00 |
0.00 |
0.00 |
100.00 |
| 9557503 |
2009.06.12 11:48 |
sell |
2.00 |
eurusdfxf |
1.3983 |
0.0000 |
1.3958 |
2009.06.12 12:27 |
1.3958 |
0.00 |
0.00 |
0.00 |
500.00 |
| 9557135 |
2009.06.12 11:42 |
sell |
2.00 |
eurusdfxf |
1.4003 |
0.0000 |
1.3997 |
2009.06.12 11:44 |
1.3997 |
0.00 |
0.00 |
0.00 |
120.00 |
| 9556949 |
2009.06.12
11:37 |
sell |
2.00 |
eurusdfxf |
1.3999 |
0.0000 |
1.3992 |
2009.06.12 11:39 |
1.3997 |
0.00 |
0.00 |
0.00 |
40.00 |
| 9556829 |
2009.06.12 11:33 |
buy |
2.00 |
eurusdfxf |
1.3996 |
0.0000 |
1.4003 |
2009.06.12 11:36 |
1.4003 |
0.00 |
0.00 |
0.00 |
140.00 |
| 9556029 |
2009.06.12 11:17 |
sell |
2.00 |
eurusdfxf |
1.4005 |
0.0000 |
1.3997 |
2009.06.12 11:29 |
1.3997 |
0.00 |
0.00 |
0.00 |
160.00 |
| 9527355 |
2009.06.11 17:11 |
sell |
2.00 |
eurusdfxf |
1.4111 |
0.0000 |
1.4052 |
2009.06.12 09:00 |
1.4052 |
0.00 |
0.00 |
-10.00 |
1,180.00 |
| 9527321 |
2009.06.11 17:10 |
buy |
2.00 |
eurusdfxf |
1.4110 |
0.0000 |
1.4113 |
2009.06.11 17:10 |
1.4113 |
0.00 |
0.00 |
0.00 |
60.00 |
| 9519697 |
2009.06.11
14:31 |
buy |
2.00 |
eurusdfxf |
1.4093 |
0.0000 |
1.4101 |
2009.06.11 14:44 |
1.4079 |
0.00 |
0.00 |
0.00 |
-280.00 |
| 9517967 |
2009.06.11 14:09 |
buy |
2.00 |
eurusdfxf |
1.4048 |
0.0000 |
1.4052 |
2009.06.11 14:14 |
1.4052 |
0.00 |
0.00 |
0.00 |
80.00 |
| 9517859 |
2009.06.11
14:04 |
sell |
2.00 |
eurusdfxf |
1.4039 |
0.0000 |
1.4014 |
2009.06.12 11:14 |
1.4016 |
0.00 |
0.00 |
-10.00 |
460.00 |
| 9517819 |
2009.06.11
14:03 |
sell |
2.00 |
eurusdfxf |
1.4046 |
0.0000 |
1.4035 |
2009.06.11 14:04 |
1.4045 |
0.00 |
0.00 |
0.00 |
20.00 |
| 9517334 |
2009.06.11
13:54 |
sell |
2.00 |
eurusdfxf |
1.4042 |
0.0000 |
1.4022 |
2009.06.11 14:00 |
1.4041 |
0.00 |
0.00 |
0.00 |
20.00 |
| 9515986 |
2009.06.11
13:35 |
buy |
2.00 |
eurusdfxf |
1.4027 |
0.0000 |
1.4050 |
2009.06.11 13:48 |
1.4041 |
0.00 |
0.00 |
0.00 |
280.00 |
| 9515927 |
2009.06.11 13:33 |
sell |
2.00 |
eurusdfxf |
1.4033 |
0.0000 |
1.4026 |
2009.06.11 13:33 |
1.4026 |
0.00 |
0.00 |
0.00 |
140.00 |
| 9514869 |
2009.06.11
13:09 |
sell |
2.00 |
eurusdfxf |
1.4011 |
0.0000 |
1.4002 |
2009.06.11 13:22 |
1.4008 |
0.00 |
0.00 |
0.00 |
60.00 |
| 9514122 |
2009.06.11 12:59 |
buy |
2.00 |
eurusdfxf |
1.3988 |
0.0000 |
1.3995 |
2009.06.11 13:03 |
1.3995 |
0.00 |
0.00 |
0.00 |
140.00 |
| 9513540 |
2009.06.11 12:44 |
sell |
2.00 |
eurusdfxf |
1.3990 |
0.0000 |
1.3986 |
2009.06.11 12:45 |
1.3986 |
0.00 |
0.00 |
0.00 |
80.00 |
| 9511087 |
2009.06.11 12:10 |
buy |
2.00 |
eurusdfxf |
1.3981 |
0.0000 |
1.3994 |
2009.06.11 12:42 |
1.3994 |
0.00 |
0.00 |
0.00 |
260.00 |
| 9509977 |
2009.06.11 11:48 |
sell |
2.00 |
eurusdfxf |
1.4006 |
0.0000 |
1.4003 |
2009.06.11 11:51 |
1.4003 |
0.00 |
0.00 |
0.00 |
60.00 |
| 9508807 |
2009.06.11
11:12 |
buy |
1.00 |
eurusdfxf |
1.3991 |
0.0000 |
1.4004 |
2009.06.11 11:34 |
1.4000 |
0.00 |
0.00 |
0.00 |
90.00 |
|
9508464 |
2009.06.11 11:02 |
balance |
Deposit |
10,000.00 |
| |
0.00 |
0.00 |
-20.00 |
4,942.90 |
|
Closed P/L: |
4,922.90 |
| Open
Trades: |
| Ticket |
Open Time |
Type |
Size |
Item |
Price |
S / L |
T / P |
|
Price |
Commission |
Taxes |
Swap |
Profit |
| 9568766 |
2009.06.12
16:09 |
buy |
0.50 |
eurusdfxf |
1.4036 |
0.0000 |
1.4047 |
|
1.4011 |
0.00 |
0.00 |
0.00 |
-125.00 |
| 9569037 |
2009.06.12
16:18 |
buy |
0.50 |
eurusdfxf |
1.4031 |
0.0000 |
0.0000 |
|
1.4011 |
0.00 |
0.00 |
0.00 |
-100.00 |
| |
0.00 |
0.00 |
0.00 |
-225.00 |
| |
Floating P/L: |
-225.00 |
|
Working Orders: |
| Ticket |
Open Time |
Type |
Size |
Item |
Price |
S / L |
T / P |
Market Price |
|
|
No transactions |
|
|
|
Summary: |
|
Deposit/Withdrawal: |
10,000.00 |
Credit Facility: |
0.00 |
|
|
Closed Trade P/L: |
4,922.90 |
Floating P/L: |
-225.00 |
Margin: |
1,403.35 |
|
Balance: |
14,922.90 |
Equity: |
14,697.90 |
Free
Margin: |
13,294.55 |
|
|
|
Details: |
 |
| Gross
Profit: |
5,272.90 |
Gross
Loss: |
350.00 |
Total
Net Profit: |
4,922.90 |
|
Profit Factor: |
15.07 |
Expected Payoff: |
111.88 |
|
|
Absolute Drawdown: |
0.00 |
Maximal Drawdown: |
280.00 (2.49%) |
Relative Drawdown: |
2.49% (280.00) |
|
|
| Total
Trades: |
44 |
Short
Positions (won %): |
20
(90.00%) |
Long
Positions (won %): |
24 (95.83%) |
|
Profit Trades (% of
total): |
41
(93.18%) |
Loss
trades (% of total): |
3 (6.82%) |
|
Largest |
profit trade: |
1,170.00 |
loss
trade: |
-280.00 |
|
Average |
profit trade: |
128.61 |
loss
trade: |
-116.67 |
|
Maximum |
consecutive wins ($): |
26
(3,882.90) |
consecutive losses ($): |
2 (-70.00) |
|
Maximal |
consecutive profit
(count): |
3,882.90 (26) |
consecutive loss
(count): |
-280.00 (1) |
|
Average |
consecutive wins: |
14 |
consecutive losses: |
2 |
|
INSTANT FULL ACCESS
Now Check out
this 3 month Demo Account on FXCM
Here is a Demo account at a reputable Forex Broker, the numbers
you see below are real, the screenshot below was not edited in
anyway,
here you can view a report and see
how I reached $12 million equity in few days, and
here a you can view the report when
account equity reached $114 millions in one month. Below you can see
a screenshot of the account when my equity exceeded 270 million
dollars, of course at this point, when maximum order size is 100 000
000, I had to make too many orders at a time and that hardly
scratches my gigantic margin, and I used a macro program to
automatically open or close 10 positions at a time. Unfortunately,
this impossible to do with real account because there is no such
liquidity in the market and all demo accounts fail to emulate market
liquidity. Trading on this account was based upon the Dow Jones
Index feed as my main indicator. I doubt that this below can be
replicated in a real account because demo accounts with FXCM are
totally misleading, please do not open a demo account on FXCM web
based platform- I say this because failure of FXCM demo to replicate
live account cost me a substantial amount of money.
Watch my video regarding this matter We
are Forex "bodies" and I have to pass this to you before it's
too late.
So what is the
idea behind putting these fact here?, The answer is that even though
I admit that this below can not be replicated in a real account with
this company in particular, I assure you it
could not be done even in a demo account without my trading system.
So I put a challenge here, That if anyone can achieve such
results, or make his equity over 100 million dollars even in a
demo account in similar time, I will give him my system for
FREE !
Finally I was bored with this demo account and abandoned it at
$422,000,000.00 equity !!, Try yourself a demo account, If you can
succeed then you do not need my Forexbody System Wizard, otherwise you
need full access that I provide to traders willing to pay
the small fee I charge..
INSTANT FULL ACCESS
Important Forex Questions Answered
What are Forex scams?
There are more Forex scams
nowadays than hair on your head specially if you are bold, There are
scams of many types from brokers and their affiliates to reviewers
with affiliates, there are Forex products and software that amounts
to nothing yet sold for thousands of dollars, If you need a broker
use only brokers from USA who have branches in UK and the rest of
the world, Do not use a broker located at xxxx island who allows you
to open account with $1.00 !
Is automated trading any good?
MT4 allows automated trading and
has great support for this feature, however, I personally tested
over 100 free Expert advisors and few expensive ones I bought and
got poor results, and in many occasions I had entire accounts wiped
out over night. so how in the world I would allow automated trading
on live account. In addition, when you put one of these expensive
robots on a live account you will be tired of activation messages
and copy protection procedures incorporated to these robots. Further
more, You wait a long time between trades and if you are a short
term Forex trader you will not have the patience to wait for your
robot to trade, you will feel sometimes it will never trade, and
when it does, it never give you the satisfaction you get with manual
trading.
Are Forex reviews truthful?
Absolutely not, Just pay attention
to the links on their page, click on one and see where you will be
taken, Reviews are there to get targeted traffic from search engines
and redirect via affiliate links to websites that will give revenue
share to reviewers who write biased reviews about Forex brokers,
products, and services, and they will never help you in anyway but
make the wrong purchasing decisions.
What is hedging?
Hedging in Forex is to have both sell and buy open positions for the
same currency on the same account, It minimizes exposure to the
market and eliminates risk unless spreads are widened. If an account
does not allow hedging then each sell order will offset an existing
buy order and so is the other way around, but when hedging enabled
each buy or sell is entered and tracked individually, and because
hedged trades require no margin by legitimate brokers it is popular
specially among those traders who learned how to handle it. On May
2009, The US NFA released rule that prohibits hedging on all US
based Forex accounts even if MT4 is used, this rule resulted in
migration of thousands of accounts to the UK.
What is spread?
Spread is the difference between
the bid and ask prices in Forex trading which ranges from 1 pip to
10 pips depending on broker, currency, and time of day or market
conditions. When you buy currency you pay the higher price which is
the Ask price, and when you sell a currency you sell at the lower
price which is the bid price. the difference between these 2 prices
is called the spread and goes to the broker as trading commission.
What is a trailing stop?
Trailing stop is a great way to
protect your profits once your trade is profiting, once you you
assign a trailing stop to a trade you need to to select how many
pips your trailing stop should be away from the market price, so if
you select 15 pips as a value, your trailing stop will slide
following the market price but keeping a 15 pip constant distance
from the market price, this goes on as long as the market moves your
way, but when the market reverses, trailing stop will stand still
and if the market moves against you for more than the 15 pips you
have assigned to your trailing stop, the trailing stop will then be
triggered and your trade should be closed profitable. You must know
that Trailing stop works in the platform and not the server as the
case with ordinary stop or limit, so your computer and connection
must be both up for this to work.
What is a pip?
A pip is 1 hundredth of a cent, A
US cent equals 100 pips, when you say I made 10 pips or 50 pips in
profit or loss a Forex aware person hearing you will immediately
calculate your profit or loss based on the amount of money you
invested.
What is a Candlestick?
A candlestick represent one bar of candlestick chart and it can have
two colors but many forms, It gives you at a glance the open, close,
high and the low price for the time frame, one bar can represent 1
minute, 5 minutes, 15 minutes, 30 minutes, 1 hour, 4 hour, 1 day, 1
week, 1 month, or even one year. A sequence of consecutive
candlesticks and the gaps between each two compose the chart.
What is Forex lot?
A Forex lot refers to an amount of
purchasing order, depending on account type, in a mini account there
is a mini lot which is $10,000 or 10,000 of another currency, In a
standard account, standard lot is used which is $100,000, and in a
micro account a micro lot of $1000 can be used.
What is margin and free margin?
Once you made an order in your account, your deposit will be divided
to two separate parts, Part one: Margin, which is the amount of your
funds laid out for your open order, and Part two: Free margin which
is the remaining amount of your funds that can still be used for
additional orders, and at the same time is the funds in your account
available to protect you from position liquidation in case you
sustain a loss, via a process called margin call. Once an open
position loss becomes greater than your free margin, it will be
automatically liquidated, and the margin that laid out for the
position will be returned to your account minus any possible
slippage. Margin can be referred as USED margin, while free margin
can be referred to as usable margin. Margin policies differ from one
broker to another, For example some brokers will not liquidate your
positions until you loss eats up both your free margin and used
margin, which results in losing entire account all the way to
negative balance sometimes. Also when hedging is used, Some brokers
will return used margin to your account when you have opposite
trades of the same size on the same currency pair, because opposite
trades support each other. while other brokers will keep the margin
tucked away even when hedging.
What is widening spread?
There are two types of spreads with most brokers, fixed and
variable, If you choose fixed at account signup, then you do not
have to worry about widening spreads, but if you are on variable
spread account, you need to try to open and close your orders at
times when the spread is lowest, and because widening spreads affect
all open position even when hedging, you need to worry about your
free margin not getting consumed by widening spreads. Certain
brokers widen their spreads at news times and when the market open
or close to ridiculously unbelievable levels and force you to close
positions and lose money. be very careful when selecting a broker
and contact me if you need help.
What is Forex leverage?
If you were to trade Forex with just the money you deposited in your
account, your profits or losses would amount to dimes and nickels.
Forex trading is done with high leverages which acts as amplifier to
both profits and losses. Recommended leverage to use when opening
account is 1:100, which means that you can borrow 100 times as much
money as you have funded. Brokers, are providing you with this for
the sole purpose of making larger commissions from your orders,
since the larger your order size, the larger the commission will
become. In your account your actual leverage is not the default
1:100, but depends on the size of your open positions, for example,
if you have $10 k in the account and took a $100 k position in the
market, your true leverage will be 1:10 because your order is 10
times bigger than your funds, and you should think of it as $100,000
investment, not the $1000 that is temporarily deducted from your
account for opening the position.
What is account summary?
Please visit my MT4 basic learning
page !
How much money can I make in
Forex?
The amount of money you can make in Forex depends on the following
and more factors, initial size of account, trading strategy,
integrity of your broker, allocated time for trading, your self
discipline and luck.
How much money can I lose in Forex?
If in losing zone, on a good brokerage firm, you can lose part of
your funds that not laid out for open positions, and when new
smaller positions opened, you can again lose unused portion of your
account, this process can continue on until you become no longer
able to open smallest available contract depending on your margin
requirements and type of account, meanwhile with some other brokers
you can lose entire account all the way to negative balance in one
step. with most brokers you are not required to pay negative
balance.
What is expert advisor?
Please see
automated trading answer above !
Is there a guaranteed way to make
money in Forex?
There is no guaranteed way to win
in Forex market, because there is unpredictable trends and market
volatility.
What is news trading?
News release make currency prices
jump or drop to new territories so many trades take bigger risks for
bigger rewards at news time, large institutions can afford to send
representatives to give first word on major release and then they
can act correctly or incorrectly with their Forex accounts making
long bullish or bearish candle sticks while after news traders will
take a ride up or down to reverse the direction and benefit from the
move back. for the average traders, News are history.
What are the best trading
platforms?
I do not like to provide this
information publicly, if you would like an answer please
contact by email
What are the best Forex brokers?
I do not like to provide this
information publicly, if you would like an answer please
contact by email, you may also
contact me by email to ask any question on the Forex subject.
What is the recommended size
for Forex account?
There is a big discussion of this important matter in my Forexbody
System Wizard !
INSTANT FULL ACCESS
There is considerable exposure to
risk in any off-exchange foreign
exchange transaction, including, but
not limited to, leverage,
creditworthiness, limited regulatory
protection and market volatility
that may substantially affect the
price, or liquidity of a currency or
currency pair.
More over, the leveraged nature of
forex trading means that any market
movement will have an equally
proportional effect on your
deposited funds. This may work
against you as well as for you. The
possibility exists that you could
sustain a total loss of initial
margin funds and be required to
deposit additional funds to maintain
your position. If you fail to meet
any margin requirement, your
position may be liquidated and you
will be responsible for any
resulting losses. To manage
exposure, employ risk-reducing
strategies such as 'stop-loss' or
'limit' orders. |
|
