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Forex Trading 1006

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Forex Trading Made E-Z

Forex Trading

How to Trade the Forex Markets for Maximum Profits

by: G. C. Smith

Limits of Liability/Disclaimer of Warranty The author and publisher of this book and all material contained herein have at all times used their best effort in producing this material. However, the author and publisher make no representation or warranty with respect to the accuracy, completeness, or suitability of this material for use by any individual or entity. The author and publisher disclaim any warranties (expressed or implied), as to the merchantability or fitness of this program for any purpose whatsoever. The author and publisher shall in no event be held liable for any loss, damage or omission by the use of this publication, including, but not limited to, any special, incidental, consequential, or other damages This publication contains material protected under International and Federal copyright laws and treaties. Any unauthorized reprint or distribution of this material is prohibited.

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Forex Trading Made E-Z

Table of ContentsTable of Contents.....................................................................................................................2 Disclaimer................................................................................................................................3 Preface................................................................................................................................4 Introduction.....................................................................................................................5 Background.....................................................................................................................9 Finding a Broker.....................................................................................................................11 Money Management.................................................................................................................14 Setting up Shop...........................................................................................................................18 Organizing our Trade..............................................................................................................19 A Trading Day..........................................................................................................................29 The Starting Bell.......................................................................................................................34 The Basics..............................................................................................................................36 Constructing our Platform......................................................................................................40 Constructing our Charts......................................................................................................42 Analyzing the Trading Day.....................................................................................................46 Make Your PC do the Math......................................................................................................56 Managing the Latitude Lines....................................................................................................59 Point and Figure.........................................................................................................................63 Using the Oscar Calculator....................................................................................................68 Tips and Tricks........................................................................................................................73 Final Observations......................................................................................................................77 About the Author........................................................................................................................79 Appendix.........................................................................................................................81

VIDEOS1. Introduction.......................................................................................................................35 2. Latitude Lines Unraveled.....................................................................................................38 3. Platform Setup....................................................................................................................41 4. Creating Our Charts.............................................................................................................44 5. Analyzing Our Day................................................................................................................54 6. Doing the Math on your PC................................................................................................56 7. Managing the Latitude Lines...............................................................................................62 8. Point and Figure..................................................................................................................67 9. Tips and Tricks....................................................................................................................75 10. Real Time Trading - (1).......................................................................................................75 11. Real Time Trading - (2)........................................................................................................75 12. Real Time Trading - (3)........................................................................................................75 Page 2Adrian R&D - All Rights Reserved www.forex-trading-made-ez.com

Forex Trading Made E-Z

DisclaimersEach individual investors success depends on his or her own background, education, dedication, commitment, desire and motivation. As with any business venture there is always risk of loss of capital and there is no guarantee the use of this publication will result in profits or success. The information contained herein is intended strictly for educational purposes. Nothing in this publication should be construed as a recommendation to buy or sell any security or to provide any investment advice. It is possible the author and/or publisher of this book at this or a subsequent time in the future may own, buy, or sell securities discussed. Information provided herein has been obtained from sources believed reliable but no guarantee is made as to their accuracy or completeness. The advice of a competent legal, tax, accounting, or business professional should be sought at all times.

U.S. Government Required Disclaimer Trading foreign exchange markets on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Readers of this publication should also be aware of the following CFTC disclosure rule 4.41 regarding hypothetical performance results: HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN ACTUALLY EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS MADE THAT ANY USE OF THIS INFORMATION WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.

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Forex Trading Made E-Z

PREFACEThe material you are about to read is the full and complete version of a condensed report entitled Forex Trading Made E-Z The condensed report, consisting of 35 pages, was written in abbreviated form to introduce traders to the authors strategy and is reproduced here for those who have not received a copy of the original report. It is important to read or re-read the original report especially the section on money management since it embodies the original concept I derived from martial arts legend Bruce Lee. In his movie, Game of Death, Lee envisioned a pagoda on a small island where each level is guarded by a greater and more advanced defender. To reach the top he must win at each level. The same is true if we are to attain the goal of earning $500 per day, starting with as little as two or three hundred dollars. My vision in writing this manuscript is to help you reach your level of success by winning in the Foreign Exchange Markets.

Forex Trading Made E-Z

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Adrian Research & DevelopmentWebsite: http://www.forex-trading-made-ez.com Email: [email protected] Copyright 2009 Adrian R&D All Rights Reserved Revision 5.1

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Forex Trading Made E-Z

INTRODUCTIONYoure about to embark on a journey like nothing you have ever experienced. By the time youve reached the half-way point of this book youre going to say something like, Maybe it really is possible to