The Forex Strategy Workbook Ebook

The Forex Strategy Workbook

Forex Trading Strategy /
System

"How To Make Profits 80% Of The Time"

Here is a summary of the main features of our completely new forex trading strategy detailed in our ebook

• Unique strategy you will find nowhere else.
  
• Developed by our founder and CEO, a qualified accountant with an MBA and years of accountancy, corporate, and banking experience.
  
• Easily and quickly understood by the average trader.
  
• Applies to any currency pair, and any financial market.
  
• Can be tested without risk.
  
• Thoroughly tested over two years.
  
• Consistently profitable, generating profits 80% of the time
  
• Uses an efficient stop loss that statistically, should be hit only 20% of the time.
  
• Catches every major trend, including trend reversals.
  
• Allows you to trade safely against the underlying trend.
  
• Does not try to anticipate where the market is headed. Focuses on what to do when the market gets to wherever it will.
  
• Significantly reduces time spent at your computer. No more than a quarter hour per day.
  
• Observes the golden rule of cutting losses short.
  
• Observes the golden rule of letting profits run.
  
• Efficient exits preserve your profits.
  
• Sound money management preserves your trading capital, and helps you better cope with occasional losses.
  
• Never exposes you to more risk than you're willing to bear.
  
• You're never exposed to risk of catastrophic loss. This is because your stop loss orders and entry orders are entered simultaneously. You're never in the market without a protective stop loss.
  
• Uses techno innovation to enhance quality of trades and the overall trading experience.
  
• No need to sit and watch your trades. You study the market, place your automated orders... and leave. Your system will alert you via text message or email the moment your profit target or stop loss has been hit. You return to your trading station and set-up a follow-on trade. Should take no more than five minutes.
  
• Forces self-discipline, so critical to trading success.
  
• Minimizes stress levels.
  
• Focuses on specific trading times. You only trade when your chances of profitability are greater, leaving you much free time to get on with your life.
  
• Danger-warning signals tell you when to stay out of the market.

The Forex Strategy Workbook™

Our strategy comes to you as an e-book that we call The Forex Strategy Workbook™. We wanted you to be able to download and begin reading it within minutes. The book wastes no time with unnecessary information. There is no padding and long-winded explanations of technical theories. We assume you've been to our FREE Forex Trading School and that you understand the basics. But we explain the strategy in concise, plain, and easy to understand language. A computerized diagnostic of our text concluded that our e-book could be understood by Grade 5 students.

We do not provide mere examples of trades. That's what most forex strategy books do. They cherry pick. We do not cherry pick, showing only those trades that are profitable. In our industry, confidence is key. To give you confidence in our strategy, we walk you through an entire month's trading, step by step, every trading day for a full month. You'll see our trade set-up on charts, entry orders, profits or losses. You'll even feel the emotions tugging at us - the thrill of profit, the agony of loss, our greed, our fear.

In no time you'll be able to apply our strategy without reference to the e-book. The objective is to teach you to trade profitably ... that's exactly what our strategy will do for you.

Strategy Overview
Here is a summary of the simple process involved in trading our strategy.

• You're at your computer just before London opens, before the real action begins.
  
• After reviewing the day's economic calendar, and noted when not to trade, you study a graphical overview of the market, and then set-up your trades. This entire process with some practice should take less than five minutes.
  
• Once you're satisfied that the trade passes a risk-assessment test, you place on your trading platform two automated orders with entry and exit criteria: one order in the direction of the trend, the other against the immediate trend to catch major trend reversals.One of the orders will trigger in a matter of minutes but perhaps hours.
  
• You set price alerts on your charting system. Your system will text or e-mail you the moment your profit target or stop loss has been hit. You may also set the system to alert you once your trade is triggered, or when the trades achieve a specified profit level.
  
• Depending on your time zone, you may then choose to return to bed or move on to other business. You do so safe in the knowledge that once the entry criteria have been met your system will enter you in a trade. And it will take profit at the point you specified, OR close your trade if your stop loss is hit.
  
• When you receive the text message confirming that your profit target or stop loss has been hit, you return to your trading station, cancel the opposite order that did not trigger, and set up another trade. You set-up another trade because you want to 'let your profits run', a concept critical to your long-term
  profitability.
  
• You disappear again after you've placed the follow-on orders, and await your text message.
  
• You repeat the process until you call it quits when London closes.
  
• In an average trading day you should spend no more than a grand total of a half hour at your computer.

That we ask you to place automated orders and get on with your life (or hit the mattress) is no coincidence.

Discipline is key to your trading success.

Turning away from your trade is the most effective form of trading discipline you could self-impose.

When you remain rooted to your computer, your urge to interfere with the trade increases each passing second. Panic may tempt you to stop out your trade, not giving it sufficient breathing space. Worse still, you may get over-zealous and take profit prematurely, not letting your profit run. And of course you might commit the ultimate transgression - you might decide to enter a trade contrary to your strategy, on the basis of some gut feel!

'Forgetting' your trade and getting on with your life stop you from intervening needlessly, letting your system do its thing, preventing you from doing silly things.

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