| There are lot's of currency trading systems sold online | | | | therefore highly effective. Most big forex trends last |
| but why buy one, when you can get one of the best | | | | for a long time and range in duration from a few |
| for free? If you want a free proven system, read on | | | | weeks to a year or more. Simply look at a forex chart |
| and we will reveal it to you in full... | | | | and you will see them. As long as markets trend, |
| Before we look at the system itself, let's compare it to | | | | breakout trading will be effective and they always will |
| systems that are sold and se which is better. | | | | so this system will always hit and hold the longer term |
| The system enclosed makes money and most sold | | | | trends. |
| systems do not. | | | | It also has other advantages in terms of operating the |
| You will see a lot of forex trading systems and robots | | | | system. |
| sold but they don't make money - why? They have | | | | 1. It's totally objective - you follow the rule and you |
| never succeeded in real time and the track record is | | | | don't need to think. |
| simply a back test and done knowing the price history. | | | | 2. It's very time efficient and takes around 15 - 30 |
| The above robots don't make money, traders simply | | | | minutes a day. |
| fall for over the top copy and their greed gets the | | | | 3. You don't even need a software program to do the |
| better of them | | | | calculation, you can do it on a piece of paper |
| Now this system works and as it's just got one | | | | All the best currency trading systems are simple and |
| parameter or rule, it cannot be bent to fit the data | | | | complicating a currency trading system does not |
| which is a trick most sold forex robots use. | | | | guarantee success at all. |
| Lets now look at the system which is called the 4 | | | | The system does require discipline to trade it and it's |
| Week Rule and was devised by Richard Donchian | | | | not easy to follow long term trends and a system |
| back in the seventies here it is: | | | | that's not bothered about pinpoint market timing - but if |
| Buy a new 4 week calendar high and then wait for a | | | | you can use this system and stay with it long term, it |
| 4 week calendar low to take a short position. Keep | | | | will reward you and enhance the profitability of any |
| doing this reversing a short for a long or vice versa | | | | forex trading strategy. |
| when the 4 week high or low is hit | | | | This system has been used by traders for years and |
| With this currency trading system you always have a | | | | many succesful forex strategies incorporate it and has |
| position in the market as it's a stop and reverse | | | | made millions for these traders and could make you a |
| system. | | | | lot of money too. |
| The above rule is very simple but it makes money and | | | | Of course another great benefit is its free! You don't |
| the reason why, is two fold. | | | | get much in life for free that makes money. Richard |
| Most strong trends start and continue from breakouts | | | | Donchian has left it for all traders to use and make |
| to new market highs or lows and breakout trading is | | | | money with and for that we should be grateful. |