Monday, February 7, 2011

Free Forex Robot

The Forex robot enclosed is free and everything you need to know about it is enclosed. After reading this article, you will know how it why it works and how by applying it you can enjoy long term currency trading success... There is a huge industry in Forex robots and so called Expert Advisors to choose from which you can buy but is the one enclosed better - the answer is and its better for one simple reason - it makes money. 

The Robots you see heavily advertised are junk. They don't work, and simply rely on made up track records and clever advertising but none of them have made long term gains. Let's look at our free system and it's so simple, you don't even need a computer, it has just one rule and this is the rule: Buy a new 4 week high and hold the position until a new 4 week low is hit, then reverse your position to a short. Keep buying new 4 week highs and selling new 4 week lows and always keep a position in the market. You can't get a simpler system than this but it works and it's obvious why. It's a simple robust long term breakout system and it's a fact that all major moves start from breakouts. 

This system will get you in on all the big trends and get you will get a good chunk of them in terms of profits. This system is not new, it was devised by well known trader Richard Donchian in the late seventies and traders have been using it ever since. The system is simple to understand, very robust, it's based on breakout trading which will always work and its simplicity is the very key to it's success. Simple system always work best, as they have fewer elements to break than complicated ones. Most traders won't use this system though. 

They will think it's to simple to work (despite the fact that it does), it doesn't have any glossy packaging and it doesn't make unrealistic claims. Traders still believe the bought robots with there made up track records will beat it but they don't and never will. 

The system takes discipline to follow as its long term but on the plus side, you only need 30 minutes a day or less to operate it and it gives you an objective signal which you simply follow. Some of the great traders such as Richard Dennis, have been fans of the system so if you use it, your in very good company. 

The system is called the 4 Week Rule, it's been used for decades by savvy traders and has made countless millions in profits. Check out this free forex robot and you will be glad you did and remember - it costs nothing and is totally free.

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