HALAMAN SELANJUTNYA:Free Forex Trading Systems - Trade Your Way to Riches With This Automated Trading System
Are you looking for a Free Forex trading system that can help you make some decent pips off the Forex Market? Well you've come to the right place, as in this article I am going to give you one of the best automated Forex trading systems out there. The trading system has been used since the late seventies, it is a proven winner, and has made many traders into millionaires. It is very simple to follow and almost any trader should be able to employ it and make big gains, even if you are a complete Forex beginner.
This Free Automated Forex Trading System was developed over 25 Years ago by veteran trader Richard Donchian, who is considered the grandfather of modern trend following and one of the most influential traders of all time. The system is very simple and effective, it made money back then and it continues to make money today, so let's take a look at how the system works:
It is very simple and only consists of one Rule which is known as the 4 Week Rule, basically the rule states that you; buy when prices reach a new four-week high and sell when prices reach a new four-week low. That's it it's that simple, if you don't know what a four week high is , it is when prices have exceeded the highest level they have reached over the past four weeks. The same applies for a four-week new low, which means prices are trading lower than they have at any time over the past four weeks. It's a simple, robust breakout strategy that will consistently get you on the right side of big moves in the market. The system is based on the principles that, The strongest trending moves start from new market highs and that, a trend in motion is more likely to continue than reverse.
The system works because currencies trend for a long periods and this system will always get you in on the right direction and keep you in for the long term. How many times have you heard the saying" let profits run, cut losses short", well this system does exactly that, as it is only considered with long term profits (the big gains). If you use the 4 Week Rule and follow it with discipline, you can add an extra dimension to your Forex trading strategy and make some easy profits. If you are thinking of buying an Automated Forex Trading System then do yourself a favor and check out this Free Trading System first, it is guaranteed to make you money.
So give the 4 week rule a try, you could even incorporate it into your own trading strategies to help increase profits, or add personal filters such as moving averages or RSI to know when to exit. If you are interested in making money and have a disciplined nature you will love the 4 Week Rule, it is a great automated Forex trading system that works. Yes it has simple logic - but it's profitable and will continue to work, as long as markets continue to trend. Try out the system for yourself and see the results in action!