It doesn't use price channels.
You may be scratching
your head and wondering what the heck does it do?
| "Dear Jeff
I recently finished reviewing
your Forex Profits system, and was so pleasantly surprised, that I thought I
should share my thoughts with you.
I found after a week of back
testing it (for random periods), that not only it worked well in the forex, it
has worked impressively well in other markets too. Hats off to you, my
friend!
My own favorite market is the
e-mini Russell 2000, ER2 in TradeStation terminology. It is definitely not as
liquid a market as, say, ES or YM. Yet just because it’s far less noisy than the
others, especially these days, it is a much easier market to deal with– at least
for me. In any one day of trading I can usually find a couple of profitable
trades, while any losses are small and manageable.
What I particularly like about
this system is its extreme simplicity. We often read claims for newly discovered
systems with exaggerated statements on their simplicity. But this is the first
one I have seen that not only fits the “KISS” definition to the tee, but also
gives results! I have also found that the principles in your original
method, including the Fibonacci, etc, can be easily implemented into this one,
if desired. But as you have said before, why bother!
I think the major advantage of
this method is that the trader can simply follow a worry-free, “mechanical”
method of setting stops and exits. All traders should of course pay heed to the
principles of money management every single minute.
As one trader who has been with
you for many years now, I must tell you, Jeff, you have never failed to amaze
me!
Anyway… This strategy of yours
is impressive! "
Mohammad Fatemi
|
Forex Profits is a 100% mechanical
system for uncovering hidden trade setups.
Here's how it works...
STEP 1: Look for a certain
'fool-proof' set-up on the MACD indicator. When this occurs you will
have an early warning for the new direction of the market. At times this will
get you into a trade way before the rest of the herd. (Hint: We are not simply
waiting for the MACD to go above the zero line to buy)
The first step is designed to tell you if you
should be a buyer or seller in the market This will put an end once and for all
trying to figure out which way the trend is going.
STEP 2: Next we are going to look for a
specific shape of a Japanese candlestick bar.(This is referred to as our 'Setup
Bar')
This is a bar that is not talked about by traders
as it is considered a non-event. They dismiss it as having no significance, but
that is a big mistake because...
This candle-stick often precedes explosive moves
and significant turning points in the markets. The kinds that can potentially
lead to very healthy returns in your trading account. Don't worry if you know
nothing about Japanese candlesticks as I will teach you everything you need
to know in 10 minutes.
STEP 3: All there is left to do is look
for a 'no-brainer' confirmation signal. This gives you the green light
to jump in and take the trade.
STEP 4: Place a protective stop-loss order
in the market.
STEP 5: Use one of the 3 exit strategies
taught in you manual to milk the trade for maximum potential profits.
That's it! Not
rocket-science, but very powerful!
I have been running a demo account in Meta-trader and turned $2000 into
$3560 in 2 months!!!
"Hey Jeff, I'm a rookie at all this at the moment and have bought your
ebook. For the most of it, it seems to work well, i have been running a demo
account in metatrader and turned $2000 into $3560 in 2 months!!! This is
trading on a 60min chart (USDGBP)." Thanks Again,
Stewart Anderson,
UK |
|
"Dear Jeff - Thanks again for a great program
in Forex Profits. I've been trading full time for 4 years and I can say
without hesitation, that this is one of the best programs I've ever come
across. In a market place full of hype and false promises, your program delivers
everything you say and more.
Furthermore, I challenge anyone to find a
program regardless of price where the creator will personally answer questions
on the phone. Jeff, your support is second to none. I highly recommend Forex
Profits to both new and experienced traders.
It's simple effective and it will make you
money. Believe me as an experienced trader I can say that when real money is
on the line, simple is best, because it allows you to react to the market
without over analyzing.
I plan to order any trading program that
Jeff offers and I will be ordering Trade Secrets right away. Unlike most
fabricated testimonials that you see on websites, I will personally offer my
unbiased opinion to anyone considering Jeff's program, because it's that
good."
Don Russo,
Virginia
|
|
"Hi
Jeff,
I have to say it is very refreshing to hear from you. You are so
right when you say that the authors of most trading books never contact those
who have bought their offerings. Some do not even respond to emails asking
questions about the information that has been purchased.
I have purchased
a number of trading systems in the past. Some are almost useless and some are
too complicated to be useful. I was delighted to find your system is so simple.
I have paper traded for a few days and also gone back over the past month or so
looking at the GBP/USD to convince myself that the system really does work.
It certainly seems to do what you say
it will so I shall next week start trading with real money. As you will have
gathered I already trade regularly with some success using Spread Betting - I
enjoy the tax free income!!
I will keep you in the picture regarding my
progress.
With every good wish!"
Ken
Berken - Isle of Wight,
UK |
|
"Hey Jeff, I wrote to you yesterday to say
thanks for the system, and tell you how pleasantly surprised I was when I read
your ebook. I want to add another thank you, for the emails I am getting from
you since I bought the book. I was really pleasantly surprised to open my email
this morning and see this link sitting there.
I look forward to receiving more little tips
like this from you. It's really nice to know that there is a system available,
that is firstly inexpensive, which can give you a great start in trading, and
you get these little extras as well.
I don't ever write and tell people
what I think of their products when I buy them. That's the god's honest truth.
But you have pleasantly surprised me, but not just selling the book and leaving
us to work it out for ourselves. It is an easy system to follow. I am not a
complete novice, but a novice none the less. And I think that even the newest of
new traders would have no problems following this one. But it's nice to
know, that help is at hand if needed.
For someone who never does
this, I have managed to ramble here haven't I!!"
Katie -
Australia |
Like many of
you I have spent(wasted) years and thousands of dollars looking for the "Holy
Grail" so I could make a killing in the markets.
For a long time
I thought that the higher the price-tag on a piece of software or trading
course, the higher the profits. I also mistakenly thought that the more
complicated and sophisticated the system the better.
Last but not
least, I got the bright idea that more is better and that if I used 5 indicators
that it was way better then one. I got so carried away that I bought 4 monitors
and was watching 16 indicators and 8 different time frames.
I spent
practically every waking hour looking for trades with my "Holy Grail" system and
just became more and more confused. It seems like I truly created a
"Frankenstein Trading System" that was not useable in the real world. Who's the rocket
scientist?
Listen, you are
more than welcome to go down the path I did, but my 16 years of "In The
Trenches" can drastically cut down your learning curve. It will also
help you from wasting thousands of dollars on dead-end over-priced software and
courses.
The bottom-line is
that I have done all the hard work for you!
Like a Formula
1 race car, I have shed every once of extra weight off the Forex Profits
methodology. Many programs add a ton of filler in an attempt to make you
forget that the program is basically a bunch of junk.
We give you a
hard-hitting no-nonsense trading blueprint so that you know what to do at
all times.
It will tell you precisely
where, when and how to enter and also
how to exit.
We
don't want to waste your time, so we only give you what works - period!
In less than an
hour you will be able to learn a proven step-by-step strategy for day
trading and swing trading the forex markets.
Best of all you
can download this book to your pc and be reading it minutes from
now!
Now that I
have explained what Forex Profits is all about, lets take a look at it in
action.
Take a look at a series of trades over 8 consecutive trading days in
the British Pound/US Dollar
| Buy/Sell |
Entry Price |
Exit
price |
Net
P/L |
| buy |
1.9391 |
1.9425 |
+34 pips |
| buy |
1.9479 |
1.9500 |
+21 pips |
| sell |
1.9490 |
1.9450 |
+40 pips |
| sell |
1.9444 |
1.9400 |
+44 pips |
| sell |
1.9273 |
1.9250 |
+23 pips |
| buy |
1.9278 |
1.9300 |
+22 pips |
| sell |
1.9335 |
1.9300 |
+35 pips |
| sell |
1.9303 |
1.9275 |
+28 pips |
| sell |
1.9199 |
1.9214 |
(-15) pips |
| sell |
1.9249 |
1.9225 |
+24 pips |
| buy |
1.9118 |
1.9118 |
0 pips |
| buy |
1.9126 |
1.9150 |
+24 |
| buy |
1.9196 |
1.9174 |
(-22) pips |
| sell |
1.9142 |
1.9142 |
0 pips |
| buy |
1.9183 |
1.9200 |
+17
pips |
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