There are a lot of automated forex trading systems to choose from and here we are you going to give you a simple free robot that has made millions over the years for disciplined savvy traders and you can use it too… Firstly, most of the automated forex trading systems you see heavily promoted on line are junk – they come with paper, back tested simulations and have never even been traded. They rely on hyped clever marketing to get sales but they don’t work and the trader loses his equity. The one we are going to look at here is very simple but that doesn’t mean it doesn’t make big gains, it does and it will continue to do so. Before we look at why it works, lets just look at the rule of the system and it only has one – making it one of the simplest automated forex trading systems you can get. Buy a new 4 week calander high is price then, look to sell a new 4 calander low, then do the same in reverse i.e. buy the next 4 week high and maintain a position in the market at all times. That’s it – and while it’s simple (you can do the calculation in your head – it works. So why is it so effective? – It’s a breakout system and most major moves start from new highs or lows, so this system will get you in on all the big trends. – It will get you in on all the major trends and a glance at a forex chart, will show you the big trends last for many weeks, months or years – The rule is objective and you can simply follow it, you dont need to think its automatic. Another great advantage of this forex robot is it takes very little time to operate, just 15 minutes a day. It was actually devised in the late seventies, by well known trader Richard Donchian and has been used by traders all around the world ever since. Many traders though wont use it despite the fact it’s so profitable and here are the main reasons: – For some reason traders think complex systems work better but they don’t, simple systems are more robust and the above is simplicity itself. – It’s not a flavour of the month method, like a system based on Chaos theory or artificial intelligence. – Its not fussy about picking tops and bottoms – you cant predict these of course but traders like to try and lose.- Its not mystical, people love ridiculous theories such as Gann, Elliot Wave and Fibonacci despite the fact they have not found the order in the market they claim. A Quick Way to Seek Big Gains In forex trading to make money you don’t need to be complicated and you don’t need to put in lots of time, this is a myth. The effort you put into your forex trading strategy has no influence on the amount of money you will make. A System Which Works and Will Continue to Work The aim of trading for the serious trader is based upon the money he puts in his pocket. If you are serious about making money this system is simple, logical, is easy to understand, works and will continue to work, as long as markets trend and I don’t think that’s ever going to change!If you want to make money take a look at this free automated forex trading system and you will be surprised at just how much money it can make you in around 15 minutes day. Simple absolutely – but it makes big long term gains and if that appeals to you, check this forex robot out and you maybe glad you did.

Tags: Automated Forex Trading System, Currency Trading, FOREX, Forex Robot, Forex Robots, Forex Trading

Automated forex trading has certain advantages in that you can simply follow trade signals that are generated and providing you can execute them with discipline and the your system is logical and robust you can pile up big gains… Before we look at how to make profits with automated for trading software, lets look at how NOT to do it. Many traders see forex robots online and want to buy them but most are junk and have never even be traded in real time. Go and look at the track record, then look at the disclaimer and what do you see? Its hypothetical or simulated – well that is NOT any indication of future results and I find it amazing someone can use a meaningless test and then say they can make money with it. Of course they do make money for the vendor, they get the sale of the software and the trader gets spanked in the market. You don’t get 100k annual income, for 100 bucks. You won’t make money with these simulated systems so avoid any of these products. Now let’s look at how to do automated forex trading properly and here are your options. – Buy a System With a track record audited over 2 years. Not cheap – but these systems can pay for themselves many times over, just make sure you understand and agree with the logic before using it. – Get a FREE One. Yes there are free ones that work and we have written frequently on the 4 Week Rule. Just look up our other articles it works, look it up and you will see why and its a great place to start your automated forex trading career. – Build Your Own. This is a lot easier than traders think and is perhaps the best way of trading – why? Because if you build it and customize it, you will have confidence in it. This means you will be able to trade it with discipline, through periods of losses and remember, if you don’t have the discipline to follow your system, you don’t have one!If you want to build your own we have covered this in our other articles but in essence, the best way to do it is to trade breakouts, to new highs or lows, have a few momentum indicators, to time your moves and focus on long term trends. The simpler it is the better, as it will be more robust in the face of brutal, ever changing market conditions – pack it with too many indicators and it will break. Once you have the system, get a standard forex software package and program the rules and you’re all set. A word of caution – Any forex trading system (and this includes the best ones) will suffer losses and they can last for weeks on end. You need to trade through them until you hit a home run and that’s why discipline and money management are so important. If your system does between 50 – 100% compounded annually, you are up there with the best automated forex trading software and you will have a time efficient way, to trade the markets and enjoy currency trading success.

Tags: Automated Forex Trading System, Currency Trading, FOREX, Forex Robot, Forex Robots, Forex Trading