How would you like a free forex trading system which works and will continue to work and has been used by some of the world’s top traders? Well this forex robot you will understand and see why it makes money and everything you need to know about it is enclosed…This forex trading system was devised by trading legend Richard Donchian and is known as the 4 Week Rule. It was devised in the late seventies, to trade commodities but works on any trending market and forex, is one of the best trending markets you can get. The system is simplicity itself and only has one rule and here it is: Close short positions and buy long whenever the price exceeds the highs of the previous 4 calendar weeks. Liquidate long positions and go short, whenever the price falls below the lows of the previous 4 weeks.How simple is that? Very, but don’t be deceived it works and will continue to work and will get you on the right side of ALL the major trends. Test it yourself and you will see. Like all forex trading systems it does have a downside and that’s when markets don’t trend, it can generate false signals and incur losses – but you can alter the exit rule and go flat on a 1 or 2 week low or high and then wait for the next 4 week trading signal. This system is not about excitement, it trades infrequently but it makes money and that’s the aim of forex trading. It’s not trendy and doesn’t have lots of rules and parameters but that’s an advantage as the simpler systems always tend to work better than complicated ones with fewer elements to break. Many traders will dismiss the above as to simple and that’s a big mistake. Savvy traders have been using this system for years and it’s made countless millions and even trading legends such as Richard Dennis admired it and with good reason – it works. Forex markets will always trend as these trends reflect the underlying health of the economy and this system will catch them. It’s brutally objective and you can’t get the signal wrong and there is no subjectivity involved. You know how this system works now and you can incorporate it in your forex trading strategy and seek big forex profits and enjoy currency trading success in less than 30 minutes a day. Test the above trading system and you maybe glad you did.
Every forex robot promotes a track record of gains and yet well over 95% fail to deliver so here is the sales copy translated so you can find out the ones that won’t make money and find the minority which do… Here is the sales copy and translation 1. A track record of spectacular gainsOn paper yes, in real trading not at all. Try and find a track record which doesn’t have the worlds “simulated” and in “hindsight” on it in the risk warning – a word from experience, you will have a long search. The track records you see of $100,000 a year are not real dollars there paper dollars done looking backwards with all the facts and price data to hand. The reality of trading forex though is you don’t have that luxury of knowing the closing prices. That’s why you can get financial freedom for $100.00 or so – its not real life though!2. A formula that occurs and re occurs for consistent gains The formula works once on paper and never works again and the system takes a bath. The vendor simply bends the system to fit the data (a concept known as curve fitting) and curve fitting is always the death of a trading system in real time trading, as the data never replicates itself exactly again the system fails. 3. Designed By a Boffin Normally an ex banker, mathematician or other boffin. Why does that ensure success? Trading systems that tend to work tend to be simple and being clever or having an education mean nothing in forex trading – its results and that’s it and I know plenty of simple traders who make money and plenty of clever ones that don’t. 4. Earn Money Without knowing anything You can try and earn money but if the systems worked as the vendors say, i.e. there is no work involved, begs the question – Why bother selling the system, why not trade it and keep quite you could make yourself a millionaire or better and not worry about a few hundred bucks from a sale.You don’t get anything in life for nothing and it’s the same in forex trading5. You have nothing to lose On the fee maybe not, on the account probably yes! Demo accounts (unless you want to trade them for a long time) are no real use, as you need a year to judge a system and also there is no pressure, so its not a real trading experience and after reading this article why bother, you know the facts. Forex robots sell in there thousands and very few work and most simply fail miserably in the market and its no wonder when they have never been traded. The hypothetical track record simply isn’t questioned by buyers – but why not? That’s the acid test and keep in mind you cant spend paper money.If you want to make money at forex trading understand, it’s not easy and you don’t achieve success with no effort. You can make gains but you need to get a solid forex education, a simple system, that’s robust, logical and you understand and can trade with discipline. You are then on the road to currency trading success.
Why don’t forex robots deliver the gains they claim in there track records. If they did deliver what many claim everyone would be trading for a living and bank and investment management teams would use them instead of high priced dealers. Well the truth about the track records is… They are not track records with real money at all and the overwhelming majority have NEVER even been traded. So how do they get track records that make money? Simple, they make them up and curve fit them. All the vendors do, is get the past data (this means they know EXACTLY what happened) and then make the trading system rules fit the data so they can show a thumping profit. This is referred to as curve fitting and is the reason the track records never repeat themselves again because the data sequences in forex never repeat the same way again. If you don’t believe me, check the track record disclaimer and you will see simulated in hindsight written all over it. We will come to how you can make money in forex in a moment – but if you think about it, it’s pretty obvious the track record cannot be real, because you wouldn’t be able to buy them for a few hundred dollars, you would pay $500,000 or more. Most people who buy these systems, fall victim to the idea that forex trading is easy and they can follow someone and win. They lose hands down and then wonder why they did – but all they had to do was think about it before hand but greed and fear get in the way. There is no easy money in forex or in life. You will not set yourself on the road to financial independence for the cost a few bears and a lunch. There are forex robots that do make money but you will find they are a small minority and generally, they can turn in returns of around 50% on a 3 year holding period, which is up there with the best and if you don’t think that’s a lot – it is and with compound growth on your side you can soon build wealth. You can buy a system but be aware the good ones cost a few thousand and even with the annual gains, you will sit on losing periods which can last for weeks or months. You have to have your eye on the bigger picture when trading and losing is part of winning. Another way of making money is to build your own forex trading strategy and this is far easier than many traders think it is. If you build your own and get the right forex education, you can tailor your system to your own risk tolerance, so you will be confident in it (as you built it) and this will be translated into a disciplined approach to trading. Currency trading can be very rewarding but always remember – there is no free lunch and you have to put in the effort to reap the rewards.
Why don’t forex robots deliver the gains they claim in there track records. If they did deliver what many claim everyone would be trading for a living and bank and investment management teams would use them instead of high priced dealers. Well the truth about the track records is… They are not track records with real money at all and the overwhelming majority have NEVER even been traded. So how do they get track records that make money? Simple, they make them up and curve fit them. All the vendors do, is get the past data (this means they know EXACTLY what happened) and then make the trading system rules fit the data so they can show a thumping profit. This is referred to as curve fitting and is the reason the track records never repeat themselves again because the data sequences in forex never repeat the same way again. If you don’t believe me, check the track record disclaimer and you will see simulated in hindsight written all over it. We will come to how you can make money in forex in a moment – but if you think about it, it’s pretty obvious the track record cannot be real, because you wouldn’t be able to buy them for a few hundred dollars, you would pay $500,000 or more. Most people who buy these systems, fall victim to the idea that forex trading is easy and they can follow someone and win. They lose hands down and then wonder why they did – but all they had to do was think about it before hand but greed and fear get in the way. There is no easy money in forex or in life. You will not set yourself on the road to financial independence for the cost a few bears and a lunch. There are forex robots that do make money but you will find they are a small minority and generally, they can turn in returns of around 50% on a 3 year holding period, which is up there with the best and if you don’t think that’s a lot – it is and with compound growth on your side you can soon build wealth. You can buy a system but be aware the good ones cost a few thousand and even with the annual gains, you will sit on losing periods which can last for weeks or months. You have to have your eye on the bigger picture when trading and losing is part of winning. Another way of making money is to build your own forex trading strategy and this is far easier than many traders think it is. If you build your own and get the right forex education, you can tailor your system to your own risk tolerance, so you will be confident in it (as you built it) and this will be translated into a disciplined approach to trading. Currency trading can be very rewarding but always remember – there is no free lunch and you have to put in the effort to reap the rewards.
Here we are going to look at a free forex robot the pro traders use to make millions and you can too. It’s simple to understand, time efficient and works… Forex robots have a bad name in general because most sold online have never even been traded for real and the track records are just simulations on paper which of course is easy, in the real world you don’t get the advantage of knowing the closing prices and the result is a wipe out. This system is different. It’s been traded for real for over 25 years, made tons of money and can make your forex trading strategy more profitable too. Let’s look at it and why it works. The system was devised by one of the trading greats – Richard Donchian. He noticed a 4 week cycle in many markets and thought up this simple system and it only has one rule which is below and its rule gives its name The 4 Week Rule. Buy a new 4 week high and hold it – then reverse this position to a short, when a 4 week low is hit. Keep a position in the market at all time and reverse on any new 4 week high or low. Why it Works That’s it – nice and simple but it works. Currency markets trend long term and most new trends start from and continue, from breakouts to new highs and lows. If you think about the recent huge moves in the market, ask yourself this question: How much would this system have made? Look at the Forex charts and you will see how much you could have made with it.These have been big moves and this forex trading system, puts you in and keeps you in them and it’s these moves that pile up the big profits. A Simple Route to Profits Don’t be deceived by its simplicity and think it doesn’t make huge profits – it does and will continue to do so, as long as markets trend and they always will. Simple systems always work best, as they are robust with few elements to break and this makes them great for trading an odds market like forex.A Filter to Smooth the Equity CurveThe system works great when markets trend – but when they don’t, it will of course lose (no systems perfect) but you can add a filter – exiting on a 2 week low or high, then going flat and re entering on the next 4 week trading signal. A Great Time Efficient Way to Make Big Profits So there you have it – a simple forex robot, that’s objective, can be executed in 15 minutes a day and makes big long term gains – in fact you don’t even need a computer, you can do the calculation in your head! You don’t get much in life for free, that can make you money – so look at this automatic forex trading system and you will be glad you did.
Why don’t forex robots deliver the gains they claim in there track records. If they did deliver what many claim everyone would be trading for a living and bank and investment management teams would use them instead of high priced dealers. Well the truth about the track records is… They are not track records with real money at all and the overwhelming majority have NEVER even been traded. So how do they get track records that make money? Simple, they make them up and curve fit them. All the vendors do, is get the past data (this means they know EXACTLY what happened) and then make the trading system rules fit the data so they can show a thumping profit. This is referred to as curve fitting and is the reason the track records never repeat themselves again because the data sequences in forex never repeat the same way again. If you don’t believe me, check the track record disclaimer and you will see simulated in hindsight written all over it. We will come to how you can make money in forex in a moment – but if you think about it, it’s pretty obvious the track record cannot be real, because you wouldn’t be able to buy them for a few hundred dollars, you would pay $500,000 or more. Most people who buy these systems, fall victim to the idea that forex trading is easy and they can follow someone and win. They lose hands down and then wonder why they did – but all they had to do was think about it before hand but greed and fear get in the way. There is no easy money in forex or in life. You will not set yourself on the road to financial independence for the cost a few bears and a lunch. There are forex robots that do make money but you will find they are a small minority and generally, they can turn in returns of around 50% on a 3 year holding period, which is up there with the best and if you don’t think that’s a lot – it is and with compound growth on your side you can soon build wealth. You can buy a system but be aware the good ones cost a few thousand and even with the annual gains, you will sit on losing periods which can last for weeks or months. You have to have your eye on the bigger picture when trading and losing is part of winning. Another way of making money is to build your own forex trading strategy and this is far easier than many traders think it is. If you build your own and get the right forex education, you can tailor your system to your own risk tolerance, so you will be confident in it (as you built it) and this will be translated into a disciplined approach to trading. Currency trading can be very rewarding but always remember – there is no free lunch and you have to put in the effort to reap the rewards.
Enclosed you will find a free Forex robot which works which is easy to understand and is based on sound logic. Unlike most of the Forex Robots sold online, this one doesn’t just come with a back test simulation on paper, its made millions in the real world of trading… Why Most Forex Robots Fail Many traders who buy Forex robots, end up disappointed, as the back tested simulation never repeats itself in real time trading. Of course, its easy to make up a track record, knowing all the closing prices – but far more difficult trading forward! That’s where the free one we are going to look at here has an edge. Real time Success for Over 25 Years The system has been at the heart of many a successful Forex trading strategy and has been used for over 25 years, to make countless millions. Devised by trading legend Richard Douchian, the system is simple to understand and based on sound logic. Its called the 4 Week Rule so here is the system rule: The Rule of the System Buy a new 4 week high and hold it, until a new 4 week low is hit and then reverse the position. Then Keep an open position in the market at all times. Then Simply, keep reversing on each new 4 week high or low and that’s it. Simple but Very Effective It is very simple – in fact you don’t even need a computer to calculate the rule and its very time efficient too, it takes less than 30 minutes a day to apply and the rule tells you exactly what to do, no subjective judgement is required. Sound Timeless Logic The system is based on very sound logic which any trader can understand and that’s: - Most big moves start and continue from breaks to new chart highs and lows - Forex markets trend long term and this one doesn’t focus on the short term random noise of the market but locks into the big trends which make the big profits. The system therefore keeps you on the right side of every major trend. Making Money from the Big Trends If you think about the recent big moves in currencies, where we have seen strong trends, this system made a ton of money. Now you may well see ok, it’s a long term trend following breakout system – but what happens if the markets don’t trend? A Filter If the markets are locked in tight ranges, this system will generate “false” signals and losses. You can either ride them out, or add a filter. The filter simply exits on a shorter time span. You could for example if long, exit on a one or two week low and then wait till the next 4 Week high or low to be hit, to get back in the market. Why Most Traders Won’t use this System Of course most traders won’t use this system, they will say its to crude and simple and can’t make money but a test on any Forex chart shows that it does. It’s a fact that simple Forex trading systems always work best, as they are very robust. It’s also to long term for most traders, who want to try and trade the market noise and finally, it doesn’t come with some ridiculous name, mythical connotations and glossy packaging. Serious About Trading? For some reason traders would rather buy hyped copy and a simulated track record, than use a system that’s proven in the market. If however you are serious about making money, from Forex markets long term, check out the 4 Week Rule and you maybe surprised, at how such a simple system can make so much money.
It never ceases to amaze me, that traders fall for the spend a couple of hundred dollars and make an income for life story which the Forex robot vendors promote. Here is the reality of Forex robot trading and why you will lose. Before you consider buying any automated Forex robot, keep the following points in mind…The Fantasy – Double your money every monthThe reality is not even the best fund managers in the world do this and the robots don’t either. The Fantasy – Our Track record proves you can make moneyWhat track record? You either get a simulated back test on paper (not real money) just paper profits, done knowing the closing prices or some vendors claim the results they present are real but of course, there presented with no independent verification whatsoever. The Fantasy Trade with Less than 1% DrawdownThis statement have seen a few times. No trader. Trading with o leverage and seeking big gains can keep drawdown so small. Typically, a trader seeking 100% gains per annum, will drawdown at least 20 – 30% at some point. You can’t have big gains without drawdown and that’s a fact. The Fantasy – Get Started with $100 – $500.00You can start with this amount but you won’t win! Following automated trading systems requires staying power, so you can trade through drawdown periods and the above money is not enough for even a good system. Understand the Reality The Forex robot industry is so aggressive to sell product, because the reality is the systems don’t make money! Think about it, if you really could double your money each month, why bother selling such a powerful profit tool for a mere couple of hundred bucks or less? Well now you know the answer. If you want to win go the good old fashioned route. Forget about making money with no effort and get yourself a good solid Forex education, learn skills and win.
Forex Robots | admin | 
January 16, 2010 1:58 am | 
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