| Battling to understand which currencies are best to trade and which direction they should be traded?? You need A trading EDGE (the 4xEdge) |
| How would you like to know the best currencies to trade and the best direction to use – all the time. Would this give you a TRADING EDGE ??? The good news is that there is no rocket science involved at all - This is a lot easier and simpler than you think. |
to all other currencies in every time span you trade all the time. Doesn’t that sound great ?? By trading the strongest currency against the weakest currency all the time you will gain an EDGE on the market which will enable you to trade profitably for the rest of your trading career. You will also continuously trade in the direction that gives you the best chances of success (see how this works below). It’s that easy; you will never trade against the short term or long term trend again. You will only be trading in the direction of the trend by using best performing currency against the worst performing currency all the time. You can now tell the trend of a currency (as apposed to a currency cross) Further, you will be prevented from trading directionless currencies with the same market strength or weakness thereby decreasing your risk considerably. |
The 4XEDGE is part of the trading principles taught in the long candle forex trading course and used in all our alert services |
What is the 4XEDGE? The 4XEDGE is a MetaTrader4 indicator which can be loaded onto any chart. You can customise the edge for your requirements: Specify the currencies or trading instruments (Gold, Oil etc) you want to compare. Specify the colours or detail of the display. Specify the timeframes you wan tot display. Specify how often you want the EDGE to update. A basic view of Timespan readings given by the 4XEDGE A basic view of Cumulative readings given by the 4XEDGE Some ways of interpreting the above data and general trading guidelines. 1 The USD and JPY are overall the strongest currencies. We should look for trades involving the weakest currencies. We should not trade the strongest currencies against each other. 2 The AUD and GBP are the weakest currencies. We should look for trades involving the strongest currencies. We should not trade the weakest currencies against each other. 3 The AUD and GBP are the weakest currencies in the long term but they are experiencing strength in the short term. These retracements often create good trading opportunities when they are over and the price resumes in the direction of the trend. 4 The USD and JPY are the strongest currencies in the long term but they are experiencing weakness in the short term. These retracements often create good trading opportunities when they are over, and the price resumes in the direction of the trend. |
Work in all market types The 4XEDGE works well in trending markets as you only take your readings from the longer term values (Monthly, Weekly and daily) as the shorter term readings become less important The 4XEDGE works well in sideways markets as you take your readings from the shorter term values (4 hour, 1 hour, 30 minute and 15 minute charts) as the longer term reading become less important How the 4XEDGE gives you an advantage. The 4XEDGE is not a trading system on its own but will help you look for trades in the most appropriate currency pairs in the most appropriate direction. It will also keep you away from inappropriate currency pairs that are directionless. It show the trend of a currency - something you can see on charts. The above knowledge provides you with a HUGE 4XEDGE over the market. It is so simple to use that you can see the status of the currencies in 30 seconds. You still have to employ your own favourite trading technique to enter and exit the trades. The horizontal and non horizontal support and resistance techniques and momentum signals used in the Long Candle Forex trading approach provides you with a further technical analysis edge over the market. Once you have experienced the power of the 4XEDGE you will never, never stop using it. |
* an implementation manual, * a trading guide, * full technical and trading support and * future improvements and upgrades. |
| Any Questions? Contact us using these facilities |
trading advice. Currency trading and FX trading is a highly speculative way of making money and should not only be done with the information on this website only. Accordingly, we make no warranties or guarantees with respect to the correctness or validity of its content. Forex traders, swing traders and day traders making use of the online currency trading information presented do so at their own risk. The Forex market information provided herein does not take into account their Forex investing objectives, financial situation or needs of any particular person. This site is not intended to by used as the only source of currency trading information, Forex education or work from home opportunity. It is important and assumed that traders use sound trading principles when using the online Forex trading information on this currency trading site. Please use demo accounts where there is no investment required to test Forex Strategies. This includes trading common sense, sound money and risk management and full personal ownership of any trading decisions. This disclaimer applies to all services, including PayPal, Google, Click Here, Yahoo, Ebay, YouTube and Clickbank promotions placed on the website. Investors should obtain individual financial advice based on their own particular circumstances before making any foreign currency investment decision. |
| These buttons do not work. They will only work once the 4XEDGE is made available in August 2010 |
