Forex currency trading system
Being a $2 trillion a year industry many people want to have
a share of this cake, itís not as easy as they think and
they can lose some hard money trying. We see the foreign
currency trading, as a money maker only if you can risk some
of your money accept losing this money. There is no course
or book to explain the foreign currency trading and make you
understand it better and a sure you how to make money of it.
You need however to understand some principals, strategies
and modules to know exactly how to do the safest way.
Few have made a fortune using
Forex trading system, you can call it luck, but itís a
fact. You can make a fortune with Forex if you can trade
wisely, and by that I mean seeing the full picture and use
your head not emotions. Research and keep an eye on the
financial news, and you can end up making more than $1000 a
Many traders love the idea of currency trading, they have
unlimited gains and limited risk Ė sounds great in theory,
itís true because you can put a $500 to risk, those $500 can
earn you up to $2000 in one deal and can make more if you
made more successful deals. And you only risking the $500 so
the maximum lose will be $500. But in reality you can lose
the 500 and get other 500 to start a new deal. Itís exactly
as gambling. However you can open an account with only 500
and make a deal with $100 each.
With this report we want you to understand currency trading
and minimize your loses and maximize you profits. You cannot
talk about profits if you cannot accept loses.
Here we will give a few strategies we think can help you
make money the safest way.
But first letís explain the currency trading concept:
The offline foreign currency trading is simple, you have
dollars and want to buy euro, so you go to some broker or
the bank and buy euro, in this case you need to pay a
commission to the broker so you will pay higher value of the
real value. Most of the time you will pay at the estimated
closing trade value.
Now the online foreign currency trading like the Forex
trading, itís a lot deferent. You will open an account with
your own currency and start trading on the changes. You are
not buying or selling. Although there is a buy and sell
order but its only to determine the direction you are
For example, you have opened an account with
with $500 and you start the first deal buying dollars and
selling euro, but you did not buy euro first. Itís O.K
because you are not buying dollars in real you are biding
that the dollar will be in higher value related to the euro.
So you are bidding at the change of the currency value.
Letís say that when you opened your account the ERO/USD
(this writing indicate the value of the euro ERO in us
dollars USD) was 1.255 (which means 1 euro is worth 1.255
dollars) and you knew that the US dollar will be stronger
soon so you sell euro and bid on the 1.200 value. If you
were bidding with the full $500 you can earn $275 if the
value of the euro reached the 1.200 dollars.
Before giving you our strategies to make
money with Forex we want to explain some modules:
Forex signals are the estimated changes
for the currency, there are hundreds of signals providers,
who claims that they can provide accurate estimating
Personally I think most of the signal
providers are fraud, if they really can give accurate
signals that mean they can make millions of dollars from
those signals and they will not be in need to selling their
After trying some of the signal providers
we found out that they can read the changes accurately and
provide good estimation of the currency changes.
Most of those signal providers give you
three types of strategies:
strategy, which means the signals of the changes per short
time period (few minutes or hours).
strategy, which means the changes in days
strategy that give the estimated signals after one week or
From our own experience with Forex
trading, we use signal providers such as
Forex Auto Money
to read the daily signals and the weekly signals
only to help us determine the internal strategy.
If you want to make money (the safest way)
with forex you need to focus on the internal strategy but
having the daily and weekly signals can help you have the
full picture of the changes and thus selling and buying at
the right time with the right signal.
Here is an example.
The graph in the picture show the change
in the ERU/USD in 10 days
Lets read the graph to understand what
happens, it was 1.2697 (the green line) climbing up to reach
1.3080. letís say you were at the starting point and you
knew it will climb up so you need to buy (ERU/USD) and you
keep following the graph and are earning money (with this
kind of change you can make a lot of money), and when it
reaches the point 1.2955, it stopped and changed direction
to drop down, now you are in dilemma; it can go down a
little and then keep going up, or it can go down and keep
going down (look what happens in 19 Nov on the graph).
The best strategy is to stop and take your
Here the daily and weekly signals can help
us determine the estimated direction of the graph.
To make money with forex we recommend only
the internal strategies, even though the daily and weekly
strategies can bring you better profits (500$ can make you
up to 1500$ in profits in one day) but it also can mean
losing all the money (losing the $500).
Forex brokerage come to help you ease the
process of trading, you can however trade directly through
the easy forex and that will be our recommendation, but also
you can use brokers to help you minimize your profits and
There are two factors with currency
Take profit. Which mean to automatically
close the deal when the currency reaches some BID Price and
take the profits earned at that point.
Stop lose, which is the same as take
profit but from the losing direction.
Here is an example to explain take profit
and stop lose:
We have placed a bid at 1.2697 (the green
line) we think it will go up so our
take profit we set
to be at 1.2800 (the upper red line). And our stop lose we
set at 1.2500 (the lower red line). Now if the Bid Price
goes up and reaches the take profit point (1.2800) our deal
will be closed and we will take the profit earned from this
deal. But if it changed direction and went down to reach the
stop lose point (1.2500) also the deal will be closed and we
will lose some of our money.
In the real forex account you can
determine the take profit but the stop lose will be the
amount of money you margin to risk. So if you put a 100$ you
cannot stop lose at 50$, you are risking the whole 100$.
Thatís why brokers are good for. You can
easily determine the take profit and stop lose points and
make small profits from small changes. It only makes the
process easier, but also will cost you more. The PIP is
bigger, which means if you are bidding on 1.2690 with real
forex to buy your deal will open in 1.2691 (the 1 in the end
is the pips), but with brokers it could be (1.2694) or even
higher which mean you will start the deal losing up to 4
pips. And when you are bidding in small changes with bigger
amount of money it can cost you a lot.
Signals Providers such as
Forex Auto money
also provide some king of calculator to calculate take
profit and stop lose rate.
Here is what you have waiting for:
What is the safest strategy to make money
There are 2 terms in gambling
bigger winning potential and the better chance of winning,
and they are never the same not in gambling neither in Forex
What is the bigger winning potential with forex?
Itís the long term trading (daily or weekly strategy) where
the changes can be huge, in the graph if we opened a deal at
NOV 12 at a rate of 1.2420 and closed the deal in Nov 25 at
the rate of 1.3080 it will be the maximum potential of
earning in the giving 10 days which is 0.0660, thatís mean
if your deal was $100 you could earn up to $660 in one week.
It could happen but the odds are very low.
Letís take a look at this diagram for a moment
Letís say you have placed a bid at Nov 18 (the green line)
bidding on the increase value, and it went up but you did
not close the deal when it reached the red line, because you
thought it will go higher, but instead it went lower and
dropped even lower than the rate you started, and when it
reached the lower red line you have lost all the money. What
happens here is greed, you wanted more and ended up with
The second term was better chance of winning.
This is my strategy of making money with forex, itís easy it
could be done but it require focus and spending some time
following the charts.
In the graph above you can see the changes
of the currency rate in one day; here we can see how it goes
up and down. If we can open a deal at any time when we see
that itís going up we buy, then we wait until it reaches a
point of changing direction then we close the deal no matter
how much we have earned, we donít want more we simply close
the deal and wait to see what is the next direction; if we
notice that it will drop down then we sell and also wait
until it reaches an amount of profits or a point it stops
and then close the deal a gain.
Bidding on small changes, give yourself a
maximum amount of losing an a satisfied amount of earning.
Let`s say we open a deal with $500, and we
determine that the maximum lose will be $20 and the
satisfied earning will be $20 also. Then we need to close
the deal when our losing reach the $20 without hopping that
it will change course, but when our earning reach the $20
and it keep rising we can wait until it stops and change
To do so you need to work directly with
easy-forex, you can download the platform software (we use
and recommend the
MetaTrader 4 go to
and download this software to use it to follow the changes
Tip: you can open a demo account with liteForex and
practices with currency trading.
Automated Forex trading
We know that in any popular market such
as forex so many products will launch to have some profit
from people who are interested in this market. And thatís
why you will find hundreds of forex products out there.
Most of these products are worthless and useless
however there a few products that could be efficient and can
help you make money or increase your earning from forex
One of those products is
is software that runs on your computers and connects to your
forex account, and make the trading for you; itís what we
call automated forex trading software.
It uses a statistics prediction of the
changes on forex pairs of currencies. We know that
statistics can be wrong, but the odds are that statistics
and predictions can be right to most pairs. And to take
advantages we need to bid on as much pairs as possible and
monitor those changes.
And as a human we can monitor up to 4
currency pairs at a time, but this system can bid on as much
as we want it to, and if the prediction are wrong for some
we can benefit from the other right ones.
It also bid on the same pair of
currencies on both directions, that mean if the signals say
that the pair of currency will drop few but at the end of an
hour or two it will change direction then we could make
profit from the drop and sell when it change direction and
the other bid will make profit from the new direction.
Its automated system you will need only
to set the parameters and run it, you donít need to keep
monitor the graphs and the software.
It can easily double your starting
money, make small profits each and every day.
Itís not that simple to understand at
first, you need to invest some time to learn how it work
before you set it up. Some users mad a bad reviews on it
because itís a little bit difficult to learn it, and some
other had written a user guide to sell for this software.
You donít need any user guide, they
have a great support team who can help you on the process
you just need to contact them and ask all of your questions.
They will gladly help you.
It need a larger sum of money to start
your trading, to use it effectively you will need to start
your trading with at least a $1000. This way you can open
more than 10 trades and insure profits.
FapTurbo is very recommended if you are
serious about forex trading we can easily rank this software
as the best forex software on the market.
Read more about
Another good forex software is
Thatís it. I hope I was helpful
Resources mentioned in the report
Forex robot FapTurbo
Forex auto money
forex auto pilot