ONLINE Business - Trading System

An e-book for trading forex daily charts Introduction First steps Making a trade Placing stops Exiting a trade No target pointGetting in and out; Setting limits based on s/r; Using the 28 EMA; Using Fibonacci levels Using limits Multiple lots Choosing the trades to trade Going with the trend Bucking the trend Waiting for convergence Back-to-back signals Reactions to news releases Waiting for retraces Final thoughts Risk and correlation Backtesting Produced by forex-rewards.com This e-book aims to outline a simple method of using daily charts to profit from forex. Why daily charts? Using the dailies allows the trader to work trading into his daily routine, being able to assess every opportunity but stopping the charts from taking over his life. In short, a tradable system for people living in the real world. Most of the ideas contained within this e-book belong to the generous traders at Forex Factory’s forum. You can visit that thread here at www.forexfactory.com/showthread.php?t=7984. My thanks go to all the traders who have shared their ideas and thoughts. The following pages merely provide guidelines for taking and exiting trades. This book comes with no guarantees, no promises. Trades are made at your own risk and the author of this e-book is not liable for any losses you may incur. Forex is a high risk enterprise, you may lose all of your money and you should only trade with money you can afford to lose. First steps I use Metatrader4 for my charts. They are free and incredibly user friendly.

BEGINNING Congratulations for purchasing this report. You have made a very wise choice to buy this eBook as in it you will learn a truly amazing system to trade in the Forex markets. You will learn how to make an easy $200 to $1,500, or even more, consistently and reliably, with minimal risk, working only about ten minutes each day! This small eBook is worth more than “it’s weight in gold”… or even platinum. Your first successful trade using this system will more than recover what you have paid for it, and you will be well on your way to great financial gains. It doesn’t matter if you are a complete beginner or if you are an advanced Forex trader. This system is so easy to understand and to follow that a beginner can profit from it without much of any understanding about how the Forex market works. This eBook will even explain some of the things a beginner needs to know, assuming they know nothing. If you are an advanced Forex trader then this system can be easily integrated into your existing “trading tool-box” of tricks you normally use. You may continue doing whatever else you have been doing and still profit from this information to increase your percentage gains. If you are an advanced Forex trader then you will simply get a little review of some familiar concepts while learning the strategies used here. NOW, LET’S GET STARTED! Here is the basic concept of how this strategy works. After this brief overview I will explain a lot more in a lot more detail. For those of you who are beginners, if you get confused with any of the terms in this brief overview then don’t worry about it, I’ll eBook 1 “Amazing FOREX System” - © 2004 Robert Borowski – www.AmazingForexSystem.com Duplication and distribution of this material is strictly forbidden