FOREX IRONMAN THE NEW GENERATION FOREX ROBOT

THE NEW GENERATION ROBOT FOREX IRONMAN 

                    BETTER THAN FAPTURBO

Forex Ironman is a new forex robot we have now. Forex Ironman is built based on a proprietary Modifying Adaptive Technology for entry/exit; it turned a $10,000 account into $38,627 in 17 months whao that is a huge success. This wonderful robot was developed by Next Generation FX team who has bought you several existing forex robots in the market. The forex trading has achieved a 98.86% winning accuracy for the past 17 months. It made 45 consecutive wins during these period and made just one consecutive loss [good result]. It is designed to trade EURUSD on 1 hour time for its trendy nature. The trading algorithm and strategies has been tweaked and modified for more than 36 times for the past 7 years before unleashing out to the public.

TAKE A LOOK AT THE RESULT OF FOREXIRONMAN

1. $1440.80 in 3 days of trading

2. $1801 in 3 trades [Forex Ironman is my number one robot imagine $1801 in just three trades]

3. $692.70 Profit with over 70 pips

4. $2162.70 in 4 trades [another big one $2162.70 in just 4 trades]

5. $678.10 on 1 day trade

6. $2,335.20 profit with 4 Consecutive Trade

7. $1,430 in 12 hours [$1430 in 12 hours, with this they can tell you twice to go and get yours and try it out]

AT THIER WEBSITE YOU HAVE ACCESS TO THE LIVE TRADING RESULT OF FOREXIRON THAT HAS BECOME THE BEST FOREX ROBOT IN THE WORLD

THE PROPS

1. Much weakness of Forex Ironman has been ironed out after 36 times of TESTING through 7 years of development.

2. The robot is very efficient even it has been proved to work better than fapturbo.

3. You will have to useful materials like case study, live results and screen shots in the Member’s area plus several bonuses

4. You are trading the most trendy and lowest spread currency with EURUSD

5. It takes Less than 2 minutes to download and install Forex Ironman

6. You can use it with all brokers [that is why I really love it, I have currently used 5 brokers with it and it worked]

7. You will have access to the expert guide that will help you

8. Free $500 trading capital!!!!!!!!!!

You may be wondering whether there are cons, there are no cons because it is the best.

REFUND POLICY

IT COMES WITH A 60DAYS MONEY GUARANTEE

NOW ARE YOU READY TO SEE THE NEW GENERATION ROBOT IF YOU ARE READY TO GET YOUR OWN NOW INORDER TO MAKE COOL MONEY TRADING FOREX CLICK HERE VISIT THEIR OFFICIAL WEBSITE

FOREX TRADING LESSON 2

This week I said that I will be talking about the forex exit strategy trailing stop

TRAILING STOP

The trailing stop as part of the forex exit strategy is a stop that moves in the direction of trade, which is up for a long trade and down for a short trade. An ideal stop is one that allows enough room to move and hence allows profit to run and of course eventually gets you out when the trade does turn against you. We use exit stop loss to trail the market but in case the value of the exit stop loss will be positive in terms of profit pips. Lets take a look at a trade example to illustrate the trailing stop:

At 1.00p.m we saw a good long trade opportunity for EURUSD at 1.3560 and we decided to take it, our order will look like this initially:

Position: [buy]

Instrument: EURUSD

Entry price: 1.3560

Exit stop loss: 1.3530

Exit target: ---------- [blank in this case as we intend trailing the market instead of using a fixed target value]

After 30 mins that was 1.30p.m, our initial trade was now in a profit with 25 pips .we decide to trail it by moving to a no risk position. Because the gap between the initial price [1.3560] and our current market price [1.3585] which is 25 pips from the open is very small, we can only lock out about 5pips from the 25 pips current profit to allow room for movement. Our exit stop loss should be moved from the initial 1.3565. By 1.30p.m our adjusted order should look like this:

Position: long [buy]

Instrument: EURUSD

Entry price: 1.3560

Exit stop loss: 1.3565[compare this value with the entry price]

Exit target: ----------- [blank in this case as we intend trailing the market instead of using fixed target value]

We only lock out 5 pips from our profit of 25 pips because we wanted to create more room for the market to move. If you move the trailing stop too close to the current market price because you wanted to lock out more profits, the trade will most likely close out as there will be less room for it to oscillate.

After another 2 hours, the market rose to 1.3620, which is 60 pips, gained from the previous entry of 1.3560. Now we will need to move our trailing stop closer to lock out more profit. Remember we must leave enough room for the market to move. We will lock out 40 pips from the 60 pips profit we will again adjust our exit stop loss upper to 1.3600[add 40 pips to the entry price]. Our trade will now look like this:

Position: long [buy]

Instrument: EURUSD

Entry price: 1.3560

Exit stop loss: 1.3600[compare this value with this entry price]

Exit target: ----------- [blank in this case as we intend trailing the market instead of using fixed target value]

           The process goes on this way until the market finally stops moving in your direction. The trailing stop helps the trader to take larger pips from fast trending markets. Range bound traders mostly use fixed stops.

well i will stop for now but i want to be assure that you are already on the demonstration account i will continue from here so keep visiting   

FOREX TRADING LESSON 1

Let start with the meaning of forex

Forex in the simplest way is the act of trading currency for example trading USD against EUR therefore you call USDEUR a market . Now for you to start trading you will need to sign up with any forex brokers later on I will tell you how you will register with them but the one I trade with now is fxopen it is one of the best and their terminal is called MT4 also known as Meta trader 4 .

In this terminal we have the candlestick chart, the line chart and also the bar chart. The best way is to trade with the line chart because it is very straight forward. Now I will start with the forex strategies for trading below

THE TAKE PROFIT[buy]

This is a tool for taking your own profit from a market whether in long term or short term take a look at this chart below long term [buy]

 

 

The chart is for the market USDCHF .The first thing I want you take note of is the slightly thick horizontal line that is at the point 10070 this is called the entry price .Also look at that two blue lines in the chart, the vertical green line between that two blue lines is a very good opportunity to trade that’s from point 10070 up to 10175 and more that opportunity there is to buy at 10070 because it is going up so you place an order to buy which is at the top of the terminal .Then our order will look like this

USDCHF

Position: long [buy]

Volume: 0.1 meaning the risk of losing your money will be 0.1 there are volumes of 1.0 , 8.0 with these volume it is greater risk of losing your capital unless your capital is very substantial

Entry price: 10070

Take profit: Since it is buy going up you will increase your entry price by either 10,20 or 30 pips depending on you but I will advise u start with 10 pips and increase later when there is still opportunity to buy .PIPS is called price interest point in the simplest way it is like a distance in which you make your own profit. So now if we use 10 pips you will add 10 to the entry price 10070 therefore your take profit will be 10080.

 THE TAKE PROFIT [SELL]

Have given the simplest meaning for take profit above .we talked about take profit for buy now we will talk about take profit for sell using the chart below. In take profit buy it is called long because it is going up but in sell it is called short because it is going down .look at this chart below

it is a chart of GBPUSD you will first take note of the entry price which is that thick horizontal line to point 1.6588 therefore 1.6588 is the entry price .using the same chart below the distance between that two point that I marked with red I mean from point 1.6588 to point 1.6445  is an opportunity to sell because it is going down unlike in the first chart which is going up .so you will place an order to sell which is at the top of the terminal and our order will look like this

GBPUSD

Position: short [sell]

Volume: 0.1 meaning the risk of losing your money will be 0.1 there are volumes of 1.0, 8.0 with these volume it is greater risk of losing your capital unless your capital is very substantial

Entry price: 1.6588

Take profit: since it is sell going down you decrease your entry price by either 10, 20 or 30 pips but start with 10 pips so when you decrease your entry price 1.6588 with 10 pips it will be 1.6578 that will be your take profit then if you see there is still chance to trade you can increase it later. Later in our lesson I will teach you how to modify a order

 EXIT STOP LOSS

The exit stop loss is a tool use for managing fore risk. It is a price at which you intend leaving the market with loss. Therefore understanding how to use the stop loss is very important. The level of risk a trade carries is determined by the value of the stop loss. A trade with a higher stop loss means more risk or reduced level of profit if the trade must be controlled to a fixed risk level. Also the value of your stop loss is determine by the fore strategy you are using .Some strategy uses fixed pips exit stop loss while others use variable exit stop loss. But for people like you I will advise that you use a variable exit stop loss

Now the rule for calculating stop loss is by subtracting the desired pip value of the stop loss from the entry price for long [buy] and adding the desired pip value to the entry price for short [sell] .So using the first chart , our entry price is 10070 and our take profit is 10080 since it is buy for our stop loss we will deduct our desired pip value from the entry price 10070 so if we deduct 10 pips our stop loss will be 10060 so when you are in a loss if the loss reach the stop loss which is 10060 the order will be closed. Also for the second chart, our entry price is 1.6588 and our take profit is 1.6578 since it is sell for our stop loss we will add our desired pip value from the entry price 1.6588 so if we add 10 pips our stop loss will be 1.6598 therefore when trading and you are in a loss if your loss reaches the stop loss which is 1.6598 the order will be closed.
now you can now start trading using the demonstration account  after you have mastered the above lesson .To get a demo account go to the site www.fxopen.com  you will see the picture of a phone with an indication that states practice account you will download it and install it on your system then you will complete the registration after opening it then you will go to file and select login and put in the details given to you when registering then you select demo server and you are on

 

 THIS IS JUST THE BEGINNING OF THE LESSON NEXT WEEK I WILL START WITH ANOTHER TRADING STRATEGY CALLED TRAILING STOP SO ALWAYS VISIT HERE EVERY WEEK AND I PROMISE YOU THAT YOU WILL GAIN A LOT THERE ARE STILL LOT TO COME FROM ME THANKS