Best Forex Trading System - A Simple Free One The Top Traders Use That's Made Millions!

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The Forex trading system we are going to look at here has made countless millions for traders over the last 25 years and even better it's free. All you need to know about how and why this system works is enclosed...

Before we start this automated Forex trading system has a huge advantage over most sold online - its made real profits in real time trading. Most of the Forex robot and expert advisor software sold hasn't.

All they have as a claim to making profits is a back test done in hindsight, knowing all the closing prices. Now this is not an indication of profits you will make and most of these systems get destroyed in the brutal world of trading where you don't have the luxury of knowing the closing price in advance.

The system we are going to look at here is free, works and will continue to work - lets look at it.

It only has one rule here it is:

Buy a new 4 Week high and hold and wait for a new 4 week low to be hit.

When this occurs liquidate the long and enter a short and keep doing this - reversing your position on either a 4 week low or high and that's the rule of the system.

It's called the 4 Week Rule and was devised by one of the legends of trading Richard Donchian.

While it is simple, it works and is based upon the following sound market logic.

Any currency will reflect the long term economic cycle and trade for weeks, months or years and all these trends will start and continue from new market highs or lows - this system will therefore get you in on all the major trends and keep you in them.

It works and will keep working, as long as markets continue to trend.

Now most traders won't use the system despite the fact its proven to make profits and the reasons are:

1. It's to simplistic for them and they link complexity with profits, of course this is not true.

2. It doesn't have a fancy name like "Forex Eater" or some other ridiculous name and glossy packaging - but that doesn't mean it won't make money.

3. It's to long term and most traders think they can make a fast buck but that only happens in hyped simulations, not the real world.

4. It takes tremendous discipline to follow as it holds long term and this makes most traders uncomfortable.

Of course for the serious trader who just wants to make money, this is an excellent system and offers a couple of great advantages.

1. Its totally objective and you don't have to think - you just enter the signal

2. Because its so long term it takes only 5 minutes a day per currency so it allows you to go about your business and not watch the markets

It Costs Nothing and Makes Money!

It maybe old, it maybe free and it maybe simple but it works and some of the top traders around the world have used it or been fans of it including trading legends such as Richard Dennis, so you know you're in good company if you use it.

It's made millions in real time for others and has stood the test of time, so take a look at it, you have nothing to lose and everything to gain by doing so as its totally free.


About the Author:
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