Hold the position, until a new 4 week low is made take out the long and reverse short. When markets don't trend, it will of course lose for periods
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of time and you can ride them out or, you can put a filter in and have a closer
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stop - i.e. When prices hit a new
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4 week high, buy and go long.
You can of course buy one of the numerous junk robots which come with paper back tests, they have
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never made any real long term gains and the simulated made up track records never repeat
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- this one is the real deal and made money so lets look at it. Most traders won't use it though and the reasons are. Automated Forex Trading System - This One Works and It's Free Enclosed
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you will find a simple highly profitable free automated Forex trading system that
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savvy traders have used for several decades, to make big gains with and you can too. So take a look at the 4 Week Rule, its left to
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us by a true trading great and its free, so you have everything to gain and nothing to lose, by looking at this great automated Forex Trading system which has
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made great gains and will continue to do so.. It doesn't try and pick tops or bottoms and predict and while this is impossible, most traders like to try 3. It's not based on any complex algorithm
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and despite the fact that Forex is simple and simple systems work best, traders like
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complexity.
Keep buying and selling new 4 week highs and lows and always have an open position. This rule is objective, simple and all you do is follow it and while it may
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seem too simple to work the logic it's based on is forex review sound. This system works though and for the trader who
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isn't looking to beat the market and wants to make solid gains, in around 30 minutes a day its ideal.
Either way, it will work long term but the filter will smooth the equity curve. Exit on a
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1 or 2 week high or low, then aubert for the next 4 week signal to re-enter. This system was devised by Clint Donchian who is considered one of the
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true trading greats, it's has been used by many traders over the years and it will always work long term, because Forex markets
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always trend. It doesn't have hyped copy or an
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aggressive name that indicates easy profits 2. Take a look at any Forex chart and you will see long term trends that go on for many weeks or months and you will also notice that most of these trends start and continue from breaks
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to new highs or lows.
It holds long term trends and most traders have problems doing this, despite the fact it's the way to make money. Its simplicity itself and only has one rule which is outlined below. In essence the above is a simple, robust breakout system which will give you a good chunk of the big trends and of course big profits.
