On November 13th at the end of the New York session, a huge move happened and the Forex Model was telling traders to go LONG.  The MACD indicator confirmed the trade and showed a good example of hidden divergence, and this video demonstrates how you can use our Forex trading indicators to take such trades with confidence.

AND PROFIT!

This video shows the 15min charts of the EURJPY currency pair, and it demonstrates how you could have made +500 pips in a couple of hours, trading one standard lot.

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All I can say is that these are historic times we are seeing here and I’m extremely happy with the performance of the Forex Model trading software.  Did I say extremely happy?  I meant OVER THE MOON happy with how it is working.

I just created this video of the EURUSD, to show you how you could have made +1500 pips in the last two weeks, trading one standard lot – in just one currency pair!

These truly are unprecedented moments.  Heck I saw one trade in the EURJPY the other day that profited +620 pips in 7 hours!

IF you are not trading right now, please ask your self why.  Is it because you don’t trust your system? Is it because you don’t have a system? Is it because you lack discipline or ability to pull the trigger on trades? Is it because you aren’t confident enough?

I’ve said it before, so at the risk of being repetitive…if you don’t have a set of trading rules and trading system that you follow EVERY day, and that can handle any kind of market volatility then you are setting yourself up for failure.

Join me in this video and I’ll show you proof the accuracy and most importantly the PROFITABILITY of this model and THEN join me in the live support room with the rest of the Forex Model traders who are bringing home the pips each day. I’ll give you the support and tools you require to become a successful Forex trader !

How?  Purchase the software today and we’ll get you started right away.

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Meanwhile the Forex Model continues to march along, gathering steam when volatility increases and allowing European traders to capture +780 pips (or +600 pips trading the N. American 7am-5pm times).

Yes, that’s correct.  This humble Forex trading software, captured greater than 600 pips in one currency pair this week.

Take the same trading software and apply it to any of your favorite currency pairs and you just keep increasing the rewards.

A Forex Model trader commented to me earlier this week:

“To make a long story short about my trading. I have been trading Forex for 2.5 years and have been doing  fine with 8-12% return per month. My clients have been glad about that. Then I found your software and now things have been just crazy. I still trade my old techniques but I also trade with your software and I make that return per day now ….which is so good with a system as easy as yours”

I want to repeat something from the last post I did, because it is more relevant now then ever:

“This is a great time to take your financial future into your hands and learn to trade profitably and successfully with the 4xAuthority. We teach you how to use the system, and provide you with the support you require to turn this fantastic system into a revenue generating business.“

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The US dollar rose sharply against major currencies and the Forex Model continued to find great trading opportunities.   Trading opportunities that equaled +260 pips of profit in the GBPUSD alone!  How would YOU like to be benefiting from this forex trading software?!

As the engineer of the Forex Model software wrote:  “Just because someone wears a suit, is paid an insane amount of money, and works for a bank with several names doesn’t mean they can manage money. No one, and I mean no one, is more qualified to manage your money than you are. No one will ever care as much about your financial future as you do. Take charge of your own trading, get some discipline, and start growing your equity by treating trading as a business”

This is a great time to take your financial future into your hands and learn to trade profitably and successfully with the 4xAuthority. We teach you how to use the system, and provide you with the support you require to turn this fantastic system into a revenue generating business.

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Hello Traders!  In our trading psychology series so far we have addressed the issues of internal control and also trading state management.  As experienced traders know, an inevitable and necessary aspect of trading is dealing with losses.  Obviously, our internal control and trading state are affected by losses and how we perceive them.

Failure is a good teacher only to those who possess the positive attitude that will allow them to learn the valuable lessons from their mistakes.

Despite advances in trading systems, access to more information, more powerful and faster computers, and more indicators in charting and analysis packages, the percentage of traders who are losing money is the same as it was 15 years ago–a shocking 90%!

Why is this?  The answer lies in the fact that we human beings still respond to fear and greed the same way!  Despite this fact, YOU can decide to do what others have decided not to do.

Discipline yourself in both the creation and the execution of a solid trading plan! We already know with a very high degree of certainty what happens to those who don’t!

As the saying goes, if you continue to do what you have always done you will get what you have always gotten!

So then the real question becomes simply ‘ARE YOU HAPPY with your current trading‘?

If you answered anything other than a resounding YES, then STOP TRADING IMMEDIATELY, AND GET SOME help, advice and direction from someone that has helped others do it!

The 4x Authority offers help to those who need it in the form of “The Forex Model” software.

This impeccable, proven Forex trading software comes with TWO months of live support and a membership website complete with loads of support and tools.  Traders receive a 120+ page manual, video instruction, live technical support, and instruction in trading psychology, backtesting, forward testing, and money management.

This is a COMPLETE package for an unbeatable price, designed to get you started trading the Forex, PROFITABLY!  We have many traders in the live support room trading everyday and they are very happy with the software and the support.

FYI:  the software has been actively traded for over 4 years !  This is the mark of software that is here to stay and is not some optimized “special of the month” kind of Forex software that is all too common out there.

Visit our website http://www.4xauthority.com, check out the latest “overall” performance tables and change your trading results today by purchasing the software.
To your success!

Alexander Lamm

4xAuthority.com

This was a week which outlined the need to stick with your trading plan no matter what. We are doing this for profit and as a business, and having successive losers is expected. That being said, this week turned out to be quite profitable as you will see in this video.

With the implosion of Wall Street financial giants, there was plenty of volatility that resulted and the Forex Model trading software was ready to capitalize on this opportunity.  Very few ‘breakout’ signals occurred recently, which is exactly what is expected because there hasn’t been any consolidation required to “arm” the system.

However, the dots generated plenty of trading profit in all the currency pairs.This video goes over a week’s worth of day trading in the 15min charts in the EURUSD pair showing how our Forex software generated +470 pips in just one of the currency pairs!

Don’t forget to sign up for an upcoming live demo of the software to see the power of this system for yourself.

What is backtesting and why do you need to backtest your Forex Trading Software?

This video explores the important concept of backtesting your Forex trading system and how backtesting can be used to improve your trading results.  In a nutshell, backtesting is essential because it:

• Provides statistical evidence that the trading rules you have chosen are profitable and tradable
• Gives you the confidence required to trade the system in real-time.
• Lets you “LOCK-IN” the trading rules in every fiber of your being, so that you completely understand the rules and are able to implement them in real-time without stress, panic or confusion.
• Lastly, it lets you as a trader find possible methods of optimizing or improving on your trading rules.
  For instance, you might complete your backtesting and then SEE from the data that:
  • trading during the 8 major FOMC news events is NOT lucrative
  • trading the New York afternoon sessions is NOT worth it

What does “statistically valid” mean in backtesting?

When you backtest it is important to get enough data (called ‘sample size’) to make the testing statistically valid.   The more data that you collect, the smaller the “margin of error” is likely to be, as outlined in the table below.  Usually a sample of 100 trades per market / time frame should be sufficient; however, if you have the time and your trading system generates enough trades, then it is worth the effort to collect more data (200 trades is plenty).

How do you collect the data?

1. The first step is to open the chart you would like to backtest and make sure your chart is set up so that it displays the desired number of trades in the chart.
2. Scroll back to the beginning of the chart, AND  if you have the ability to “playback” the data as if it were happening in real-time (like in eSignal), then use this feature–it is exceptionally valuable in helping you lock in the rules and participate as if you were trading in real-time.
3. Find the first trade setup that follows your rules and record the information you collect in a spreadsheet.  Typical information that you might collect is as follows:
   Date
   Time of Entry
   Entry Price
   Signal Type (i.e. Blue dot, Red dot etc)
   Whether you bought or sold (Buy/Sell)
   Stop placement
   Stop size
   Market (i.e.   EURJPY, CHF etc)
   Method of Exit (i.e.  Stopped   or  EMA3/14 crossover  or  Trailing Stop  or Stopped Out)
   Exit Price
   Pips
   Profit / Loss
   % Change (compared with Account size)
   Growth in the account
4. Continue forward throught the charts, recording each trade while paying strict attention to the time of day. If you are a day trader make sure that you only record trades that fall inside your trading window. The whole point of the backtesting is to make it realistic and statistically viable.

What do you do after you have collected the data?

1. Look at the total growth in the account and graph it. Equity curves allow you to visually see the growth and inevitable drawdowns in the account.



2. Filter the data to see if you can improve on the profitability of the model. Spreadsheet programs let you add “filters” which allows you to narrow down the data that is displayed by simply checking or unchecking selection boxes as shown below.

What do you do after you have collected, analyzed, and filtered your data?

1. Take the time to “forward-test” your trading system. This means that you “paper-trade” or “virtual trade” your system in real time for 1-2 weeks to make sure you know how to place orders in your trading platform, and to watch the results in real-time.
2. Apply MONEY MANAGEMENT techniques to your data and ACCELERATE your trading results! Money Management refers to the process of mathematically accelerating your trading based on your results… This is CRITICAL to your success as a trader.

You will receive Money Management tools and training when you purchase the Forex Model, along with Backtesting assistance, and two MONTHS of live support.   So, not only do you receive a consistent and profitable trading system, but you also get the necessary tools and support to IMPLEMENT the system in the markets day in and day out.

Check it out:  www.4xauthority.com
To your success!

Alexander
4xAuthority.com

Another great week using our Forex trading software.  This video goes over the whole week in the EURJPY, and let’s you see and hear how profitable the system is.  The week saw a completion of a large move down with a retracement late in the week when price hit the 147.50 area.  Total profit +340pips for North American timezone traders.  It’s just so easy to “See Dot, Trade Dot”, and the performance of the Forex Model software is consistent and best of all, profitable.  This could be you trading with our fx software at your disposal.  Invest a few minutes of your time and see for yourself.