
from the desk of: dr. Jeffrey wilde thursday, 2:40 p.m. subject: forex profits
i know that may seem a bit far fetched, but if you can set aside just 5 minutes i will explain. fortunes have been made by top traders and the forex markets provide the potential opportunity to make some really i nsane eye-popping profits.
legendary trader, george soros made a billion dollars in just one day dueto the huge leverage in the forex markets, just a small movement in your favor and you can potentially make a 20-30% return on your investment in less than 1 hour.
sure doesn't make the 2% the banks are paying sound too thrilling i am not going to tell you my entire life story and go on and on about how i developed the forex profits system, but...
what i will tell you is that i have been trading the markets since 1990 and this forex system is the result of extensive research and real world trading. i also have invested tens of thousands of thousands to figure out what really works and what doesn't.
lets take a closer look "under the hood" and see what forex profits us all about... you may be scratching your head and wondering what the heck does it do? i recently finished reviewing your forex profits system, and was so pleasantly surprised, that i thought i should share my thoughts with you.
i found after a week of back testing it (for random periods), that not only it worked well in the forex, it has worked impressively well in other markets too.hats off to you, my friend
my own favorite market is the e-mini russell 2000, er2 in tradestation terminology. It is definitely not as liquid a market as, say, es or ym. Yet just because it s far less noisy than the others, especially these days, it is a much easier market to deal with at least for me.in any one day of trading i can usually find a couple of profitable trades, while any losses are small and manageable.
what i particularly like about this system is its extreme simplicity. We often read claims for newly discovered systems with exaggerated statements on their simplicity. But this is the first one i have seen that not only fits the kiss definition to the tee, but also gives results i have also found that the principles in your original method, including the fibonacci, etc, can be easily implemented into this one, if desired. But as you have said before, why bother
i think the major advantage of this method is that the trader can simply follow a worry-free, mechanical method of setting stops and exits. All traders should of course pay heed to the principles of money management every single minute.
as one trader who has been with you for many years now, i must tell you, jeff, you have never failed to amaze me
anyway this strategy of yours is impressive " step 1: look for a certain 'fool-proof' set-up on the macd indicator. when this occurs you will have an early warning for the new direction of the market. At times this will get you into a trade way before the rest of the herd. (hint: we are not simply waiting for the macd to go above the zero line to buy)
the first step is designed to tell you if you should be a buyer or seller in the market this will put an end once and for all trying to figure out which way the trend is going.
step 2: next we are going to look for a specific shape of a japanese candlestick bar.(this is referred to as our 'setup bar')
this is a bar that is not talked about by traders as it is considered a non-event. they dismiss it as having no significance, but that is a big mistake because...
this candle-stick often precedes explosive moves and significant turning points in the markets. the kinds that can potentially lead to very healthy returns in your trading account. don't worry if you know nothing about japanese candlesticks as i will teach you everything you need to know in 10 minutes.
step 3: all there is left to do is look for a 'no-brainer' confirmation signal. this gives you the green light to jump in and take the trade.
step 4: place a protective stop-loss order in the market. step 5: use one of the 3 exit strategies taught in you manual to milk the trade for maximum potential profits.
"dear jeff - thanks again for a great program in forex profits. i've been trading full time for 4 years and i can say without hesitation, that this is one of the best programs i've ever come across. In a market place full of hype and false promises, your program delivers everything you say and more.
it's simple effective and it will make you money. believe me as an experienced trader i can say that when real money is on the line, simple is best, because it allows you to react to the market without...... - Read more details about learn to trade the forex in 60 minutes, easy forex system
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