Posts Tagged ‘Week Highs’

Forex Trading Signal – A FREE One That Makes Big Gains You Can Use Right Now!

Written on January 6th, 2010 by no shouts
forex trading signals
If you want a free Forex trading signal which is simple, works and will continue to work, you will find one enclosed in this article with the exact equation it’s based upon; so you can take it and use it, for big Forex profits right now.

The trading signal is called the 4 Week Rule and why it’s called this, will become obvious in a moment; the signal was devised by one of the true trading legends of our time – Richard Donchian, who devised it nearly 30 years ago and traders are still making money with it today.

Let’s look at the trading signal first and then why it will always work – here it is:

Buy a breakout to a new 4 Week high and hold the position, when a new 4 week low is hit, liquidate the long position and then go short – that’s it! All you have to remember to do after that, is simply to keep reversing the position as new 4 week highs and lows are exceeded.

It’s very simple (all the best Forex trading systems are) but it makes a lot of money and if you test it you will see how it gets a good chuck of all the major trends.

Will most traders use it?

Of course not, they prefer to buy Forex robots that have only worked in back testing and made no money in real time. These traders think they can make huge gains with no drawdown – but all systems have drawdown, its part of Forex trading and they buy these systems and lose.

The 4 Week Rule on the other hand, has worked in real time trading and made big gains for nearly 30 years and yes, it does have drawdown but focus on the long term and you will make a lot of money with it.

While Richard Donchian is sadly no longer with us, he has left a great Forex trading signal for us all to use and make money with and enjoy Forex trading success.

By: Kelly Price

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Forex Trading Signal – A Free One That Works That You Can Use Right Now!

Written on November 2nd, 2009 by no shouts
forex trading signals
You will see lot’s of vendors selling Forex trading signals but this free one will make more money than almost any paid for service and in this article I will give you the formula so you can use it right now.

This trading signal was devised by no other than the grandfather of modern trend following Richard Donchian and it’s been used for over 25 years by some of the world’s best traders so if you use it your in good company – it works and will continue to work and we will look at why in a moment, for now let’s look at the rule and it’s very simple:

Buy a breakout to a 4 week high and hold hit wait for a new 4 week low to be hit and take out the long and immediately go short and then keep reversing as new 4 week highs or lows are hit and always hold a position in the pair your trading.

How simple is that? Very simple but test it and you will see how much money it makes and the reason it makes money is obvious:

The big trends last for weeks or months in duration or sometimes even longer and this trading signal, will lock into them and hold them and is based on the obvious fact that – any currency will start it’s trend by breaking new highs or lows and continue its trend from them.

Most traders though will ignore the above signal, because they think it’s to simple and like the glossy packaging of the sold systems which rarely work. Most traders also want pinpoint market timing and despite the fact this impossible, they still try and lose and finally, most traders don’t have the discipline to hold long term trends.

If you are interested in making money, then this signal is for you. It’s not often you get something for free that works so try the 4 Week Rule and make yourself some big profits in around 30 minutes a day or less.

By: Samuel Leslie Berkovits

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Forex Trading Signal – A Simple Free One Which Makes Big Gains!

Written on November 2nd, 2009 by no shouts
forex trading signals
Lots of traders want to follow an objective Forex trading signal that has the potential to make money and in this article we will give you a free one you can use, it works and the logic behind it is easy to understand. Let’s take a look at it.

The signal we are going to look at is one which has been used by savvy traders since the late seventies and was originally credited to trading legend Richard Donchian. It works in any financial market that trends and of course we all know currencies trend long term and that’s why this signal is so effective. Here is the equation which generates the signal.

Buy a beak to a new 4 week high in a currency and hold it, until a new 4 week low is hit. When a new 4 week low occurs, liquidate the long and enter a short. Hold the position until the next 4 week high is hit and keep reversing, on new 4 week highs or lows and always maintain an open position in the market.

That’s it – you won’t get much simpler than that! You don’t even need a computer to generate the signal, you can do it in your head.

You’re probably thinking, that’s too simple to work!

Well test it and you will see, that not only does it work, it will get you in on all the biggest and best trends and allow you to make great profits.

In Forex trading simple systems works best, as they are very robust in the face of brutal ever changing market conditions. If you make a system to complicated, it will break. The signal is based on breakout methodology which is a timeless way to make profits because all the big trends start and continue, from new chart highs and lows.

The signal works best, when trading several different uncorrelated currency pairs and can also trade other markets for more diversification. It takes a lot of discipline to execute the signal and hold long term but if you use this signal, you will have the potential to make a lot of money long term.

Many traders like Forex robots, with fancy names and glossy packaging but this signal long term will beat all of these trendy cheap robots and it has something they don’t – a real track record of gains.

Savvy traders use this signal to seek long term profits and you should too. It costs nothing to look at, its free. You don’t get many things in life that are free and can make you money, so check out this signal called the 4 Week Rule and you maybe glad you did.

By: Kelly Price

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