Automated Forex Trading Profits - A Free System Which Makes Big Profits

If you want to make automated Forex profits and want a simple to understand system, you can operate in 15 minutes a day and has made profits for over 20 years this system is for you! It's totally free and it's enclosed.

You can of course buy Forex Robots and Expert Advisors but they all have one problem, they don't have independently verified track records. All you get are simulations going backwards knowing the price data or figures from the vendor which have never been verified. On the other hand the free system below, has been used by some of the world's top traders, has a real time track record of gains and has worked for over 25 years - let's take a look at it.

This system is a very simple system and it was thought up by one of the true trading greats Richard Donchian, who is considered an innovator in trend following systems and channel analysis. His system is so simple; you don't even need a computer to do the calculation! Here it is:

When a currency hits a new 4 week high, simply buy it and hold onto it, until a new 4 low is hit. When the low is hit, liquidate the long position and go short and hold the position, until a new 4 week high is hit. Thereafter you keep reversing, as new 4 week lows and highs are hit.

You can get simpler than that and while it's a simple system don't be put off, this system works, because it's based on market logic that never changes and it's this:

Currency prices trend for long periods (either up or down) and these big trends will last for months or even years and a closer look at any currency pair will show you that, all big trends will start from new breakouts to highs or lows and continue from them. So the 4 Week Rule outlined above will work and continue to work as long as markets trend and that looks unlikely to change.

Simple systems always work best, as they are more robust than complicated ones, with fewer elements to break. You can add exit filters onto the system to smooth the equity curve in sideways markets to restrict drawdown and exit on a shorter moving average say 10 or 20 day, either way the system will make money long term.

Most traders won't use the system though despite the fact that it works and makes money because:

1. The system does not try and predict it just trades price change and while you cannot predict prices, traders always want to try.

2. This system requires a lot of discipline to follow as it holds trends for weeks or months at a time.

3. It's just not trendy! It has no catchy name, no glossy box and doesn't use lots of indicators.

The system makes money though and in 15 minutes a day, you can be seeking big Forex profits and have the comfort of knowing it's worked for 25 years and has been used by some of the world's best traders.

Take a look at the 4 Week Rule in more detail and you find a great system that makes money and as it's free you have nothing to lose and everything to gain by doing so.