Simple Forex Trading System

An Easy Day Trading Forex Strategy

The best times to trade. Granted the forex markets are opened 24/5 but we want to trade when there is a good amount of volatility and these times are as follows. I will use Eastern Standard Time and you will have to translate it to your time where ever you may be. You are free to trade when ever you want but to achieve the results we’ve talked about on the site, you need to try and trade during one of these time frames. The best is #1 and then 2 and 3 in that order.

•  New York session – anytime from 1 hour before the market opens until a couple of hours after. Appx. (7 am EST to 10 or 11 am.)
•  London session – from about (2 am until 5am EST.)
•  Asian session – about (6 pm until 9 pm EST.)

If you can trade sometime in sessions 1 or 2…Great. If not, you will have to settle for 3. Now everyone’s risk appetite and greed factor is different. First let me tell you, it’s important to conquer greed as I mentioned on the website. It will ruin your trading experience in the long run. I personally trade this system most every day and I trade a standard contract never risking more than 10% of my account at any time. I use a stop/loss of 10 pips and a take/profit target of 20 to 30 pips. I use the bonus program that I sent you when I trade. For my wife and I, we don’t need a whole lot so if I win my first trade which I normally do, I’m done for the day unless I really have nothing else to do. For me $200. to $300. a day is fine. On the other hand, there is nothing wrong with going for more if you so desire because during our suggested trading period, there are usually 2 to 3 good trades or most of the single trades, if you monitor and let the indicator tell  when to get out often times produce more than 20 or 30 pips. It all depends on you and your situation. Just keep the greed factor under control. Now I’m going to explain to you with the help of a chart exactly where to enter and exit a trade especially if your going to keep an eye on your trade and exit manually

O.K. Here we go : First of all the yellow arrows and text are not part of the system. They are there for illustration purposes. See the first aqua arrow pointing up on the bottom. This is our alert that a possible trade is coming up. The arrow will pop up on your chart and an audio and visual alert box will pop up. So you can see that you could be doing other things on your computer or just close by. This alert was almost a half hour before our buy signal. You can see your S.S. Short trend has turned blue, it’s heading upwards and it crossed the magenta line going up. We jumped in at the opening of the first candle after the lines crossed indicated by the yellow arrow and “buy here” We immediately place a 10 pip stop/loss and a take profit to your

liking or keep our eye on the trade. This trade made 60 pips in 20 minutes and went on to make another 38 if you let the system tell you when to get out which was when the orange down arrow and alert popped up. 98 pips, $980. on a standard contract and $98. on a mini…all in less than an hour. This trade took place at 2:30 am EST which is about 30 minutes after the opening of the London session. Not bad for an hours work in your P.J.’s..huh? It’s that easy folks. Rules remain the same all the time. If you notice on that trade you got in when the candle opened and the only draw down was 3 little pips. Not even enough to get nervous. This is a killer system. If your a newbie, trade it for a couple of weeks on a demo account, even if you are experienced, get used to it for a couple of days on a demo account. Also, in a sell trade, it works the same but in reverse.

Download Content :

S.S.Early  Alert_Arrows.ex4
S.S.Short Term_Trend.ex4
simple_simon_v2.tpl

$8.00

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All systems work as the developers designed them to work. But we are only vendors so we are not responsible for the performance or claims of the developers of these systems and we don’t provide money back guarantee or support with these products. Please do your due diligence so you know what you are purchasing, there are dozens of good forums and review sites on the internet that you can get unbiased info from? Also as some of the products were created to run on old MT4 versions only (v594 or below), while others will run on the new MT4 versions (v600 or above), it is your responsibility to choose the right system for your MT4 version. We are not responsible if you haven’t made your background check on the product and purchased something that is not compatible with your platform. Again: please do your due diligence so you know what you are purchasing, there are dozens of good forums and review sites on the internet that you can get unbiased info from.

THOSE SHOWN PRODUCTS AND SERVICES SHOULD BE USED AS LEARNING AIDS ONLY AND SHOULD NOT BE CONSTRUED AS INVESTMENT ADVICE. IF YOU DECIDE TO INVEST REAL MONEY, ALL TRADING DECISIONS ARE YOUR OWN RESPONSIBILITY. BY USING OUR PRODUCTS ON A LIVE ACCOUNT WITH REAL MONEY THE USER AGREES TO NOT HOLD THE PRODUCT DEVELOPER LIABLE FOR ANY TRADING DECISIONS MADE BY THE USER. THE DEVELOPER OF OUR PRODUCTS WILL NOT BE HELD LIABLE FOR ANY REAL MONEY LOSSES INCURRED THROUGH USE OF OUR PRODUCTS.