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Simple Forex Trading Strategy – A Quick and Easy to Learn Method for Huge FX Profits

Here we will look at a simple Forex trading strategy which will make huge Forex gains. The method can be learned quickly and if you use it correctly, a triple digit income can be made in around 30 minutes per day – let’s take a look at it in more detail.

If you want to trade Forex the quickest way to learn is to trade with charts – all you will do is focus on price action and look to lock into and ride trends for profit. What you need to do to make money is to have, a simple entry method which gets you in on all the biggest and best trends. Now, we will look at a very simple entry method you can use.

If you study charts and look at all currency pairs, you will see how all the big trends start and they start – by breaking overhead chart resistance. When the trend is in motion after the initial breakout, it will continue to breakout to a new high, So what you need to focus on is to buy, when a resistance level gives way and ride the trend for profit. This is proven way to make money and many of these trends, can last for many weeks which can make you huge gains.

Most traders prefer to try and pick market bottoms and they lose money – but this method trades the reality of price change and puts the odds on your side. Your not hoping, guessing or predicting – your trading the reality.

The key to using this strategy correctly is to make sure, you are patient and selective in your trades and only trade levels of resistance which before a break occurs, have been tested and held firm in the past – so how many tests should you look for? Look for at least six or more tests, and when the level breaks get on board.

You won’t get many trades with this method, probably around 4 – 6 a month but these big breakouts, can make you triple digit gains and even better, you will spend no more than 30 minutes a day on this simple Forex trading strategy.

Simple Forex Trading Strategy – A Trading Methodology Anyone Can Use For Huge Gains!

If you want make big gains at Forex trading, we will show you how to build a simple Forex trading strategy which can get you in on all the big trends which is easy to understand and will take you 30 minutes a day or less to implement – Let’s look at how to get on the road to trading success.

If you want to win at Forex trading you need to the odds on your side and enter your trading signals when the odds are at there best – so how do you do this?

If you look at a currency trading chart one fact becomes obvious – EVERY bull trend start and continues by breaking through resistance and the trend continues to do this as it moves higher.

If you execute your trading signals on high odds breakouts and lock into the big trends, you will make huge gains – but how do you do this?

The key to trading breakouts is to look for a lot of tests and really you should trade no less than six tests before the break. The wider they are spaced in terms of time the higher the odds so at least 2 of the tests should be a month or more apart.
When the breakout occurs – you go with it and immediately place your stop loss order below the level which has broken. If you do this you will have very low risk and great profit potential.

This Forex trading strategy is so simple but it works and you only need to use resistance levels and use a few visual momentum indicators to confirm the trade and your all set to make great Forex profits.

Simple systems always work better than complicated ones, as there more robust with fewer elements to break. Another advantage of breakout trading is you don’t have to predict anything, you let the market tell you what to do and trade the reality of price action. Forex markets cannot be predicted or beaten and prediction is just guessing; all the people who tell you prices can be predicted in advance are lying – keep it simple and trade the reality!

While the above is a simple Forex trading strategy it works and will always work, as long as there are trends and in a free market economy that will never change – so trade the breakout and enjoy currency trading success!

Forex Morning Trade Review – How Simple Forex Trading Can Be, Especially For Newbies

This article contains a Forex Morning Trade review which highlights the key benefits of this Forex trading product and why any serious Forex trader should sit up and take notice.

Forex trading has been growing at a fast pace and each day many beginner traders join the markets, mostly lured by the possibility of quick riches and easy success. However, every successful Forex trader knows that there is no short cut and the key lies in learning how to trade through good Forex education. In particular for beginner traders, it is advisable that they start off with simple Forex trading with the aim to preserve their trading capital and learn to make consistent profits.

It is a fact that Forex trading is not easy to learn and master. Very few good traders are self-taught, while the majority paid expensive dues for the Forex markets to “teach” them how to trade. Learning the latter way means that blowing up accounts is the norm rather than exception, and this is not good for building confidence. Not to mention the chances of coming back to try again at getting it right, as finances may not always permit that.

As they say, a little knowledge can be a dangerous thing. This is undeniably true when looking at Forex trading – there is absolutely no substitute for proper education. Dabbling in the markets, as mentioned earlier, will only see poorer traders. But what if there is a way to learn while you earn? Forex Morning Trade, the subject of this review article, creates such a possibility.

The idea is to employ simple Forex trading to trade in the markets and make some money while not getting overly engrossed. The trader then has more time on hand to focus on good Forex education. There is almost no worry about bankrupting the account since no gambling is involved; in fact, the money made through Forex Morning Trade could well be used as risk-free money to try out new Forex trading ideas as the trader learns more. So, what is Forex Morning Trade?

Forex Morning Trade is a Forex trading system solely for trading the GBP/USD currency pair, or loosely speaking the Pound. Developed by a professional trader named Mark Fric, this system was designed to be easy to learn and take less than 10 minutes of effort to trade each day. Yet, beneath this simplicity lies a powerful trading method that actually yields consistent profits. As such, Forex Morning Trade is good for both newbie and experienced Forex traders.

It is well known that the Forex markets are abuzz when the London session opens (at 8am UK time). This is probably the time when the largest volumes get transacted, which means that Forex prices really get moving. With this in mind, Forex Morning Trade positions a trade in advance of London open to harness such price moves in the Pound. It uses a proprietary decision-making algorithm to decide which direction the Pound is likely to move and signals this likelihood 1.5 hours before the open.

On many trading days there will be clear signals to put on trades – these trades turn out profitable most of the time. Some trades do end up with losses, but the built-in stop loss guidance will put a strict limit on that. Of course there are a few days when no trade signals are given, which means traders simply do not trade. Which also means lots of free time for on-going Forex education.

For traders who would be in bed before London opens (due to time difference) or just want to have it easy, Forex Morning Trade includes a MetaTrader 4 Expert Advisor (also known as trading robot) to automate trading. This really makes Forex trading simple while it works its magic to generate a comfortable stream of income passively for the trader. For a newbie trader however, it is strongly suggested that he/she trades the system manually for a while to learn and understand how things work.

All in, this Forex Morning Trade system generates many more winners than losers over a reasonable trading period, which should be at least 3 months to be statistically significant. So far, its creator Mark Fric has tested the system from 2009 till early 2011 and saw profits of some 3000 pips being made. This was done trading only a fixed lot size, without compounding the trading capital to trade larger sizes. And as we know, Mark continues to trade and earn from his system.