Tuesday, January 02, 2007

Check out Forex Trading Machine

If you are seriously thinking about venturing into the Forex Market and making loads of money, what the likes of Wall Street investors do, you may want to consider this product called Forex Trading Machine written by Avi Frister.

Forex Trading Machine is a 180 page downloadable ebook that is produced by a veteran trader who had spent 11 years trading, learning, experimenting and creating breakthroughs in this business.

Avi reveals in the ebook a hugely successful strategy, termed as the Price Driven Forex Trading (PDFT) which is capable of generating consistent profits for you. He explains that the PDFT is a trading system without the usual technical indicators like the moving average, Bollinger bands, pivot points, etc. But instead relies upon the price of a currency pair and a time element.

Within Forex Trading Machine, Avi has put together 3 different PDFT methods that he has found the most successful. One of which is a Swing Trading method and the other two are more for day traders.

The first method is called the Forex Cash Cow Strategy. To follow this method, the trader uses End of Day (EOD) data to determine whether or not to enter the market. It is 100% mechanical and takes just 1 minute per week to implement this strategy.

Just check if condition one of the system has been met. No analysis or interpretation required. It is that easy, users who are technically challenged or busy will find this a brilliant investment tool. If condition one is not met, do nothing but and if met, it means an entry signal the next day.

The investor then enters 3 types of orders with his broker: a limit order for initiating the trade, a stop loss order to limit risk and a profit objective.

The second Forex Trading Machine method is called the Forex Runner and is set up more for day traders. Again, completely mechanical and emotion-free. This system lets you trade whenever you have time and allows for small stop losses with large profit objectives and winning trades.

Just choose the timeframe you want to trade in. Then decide on the currency pairs you want to trade. Use Forex Runner to identify a trade, after which you simply enter a buy or sell order. At the same time, enter a stop loss order and a profit objective order. Lastly, wait for results.

The final method that is taught in Forex Trading Machine is the Forex Flip & Go strategy. This method identifies characteristics within certain currency pairs that commonly appear in their trading cycles and aims to exploit them. Again, this strategy is aimed more at day trading.

So if you are trading the Forex and have a mechanical and technical approach to your trading, you should definitely take a look at the Forex Trading Machine Website.

For members of autosurfs and HYIPs, if you are sick of admins making excuses about investing in Forex, give trading on your own a shot instead of trusting your money with scammers. Sure, you could lose some but Autosurf Dummy do not believe it is as bad as losing the bulk to admins.

Click Here to find out more about Forex Trading Machine.


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