TRADING TACTICS - Quantum Globe Inc

Forex Trading Strategy

Our Review - Forex Trading Strategy is an excellent piece of work.  It could not be easier to apply.  You establish the dominant trend in the market to set your entry level.  You simply allow the market to adjust and that will determine your exit point.

What's In It For Me - Just look at the benefits below to see what's in it for you.  You will receive a Forex Trading Strategy that works, that will make you more profits, that will enable you to keep positions open for longer to squeeze every dollar out the market. 

What We Liked:

Forex Trading Strategy is a brilliant piece of work.  It brings a new dimension to the trading maxim "Cut Your Losses and Let Your Profits Run".  Cutting your losses has a fundamental flaw, at least in Forex trading, in that you will get stopped out early and simply make less PROFITS.  You will usually get stopped out for one of the following:

• Large pre-market activity for positions held overnight

• Large daily market gaps or

• Large intra day movements.

Forex Trading Strategy applies the cutting your losses strategy but adds a new dimension to it.  You will discover:

• How the key to maximum profits is identifying the dominate trend at any particular time for any market

• The Impulsive/Corrective Wave Retracement (ICWR) theory.  The ICWR theory put simply is that the dominate trend in the market at any time is an Impulsive Wave whether long or short.  A market can only do one of three things: go up, down or sideways.  Within each Impulsive Wave there will be a Corrective Wave retracing against the Impulsive Wave.

• Each ICWR involves:

  (1) Identifying the Active Wave for the market you are trading.  There must be a minimum pip movement for this to apply for the purposes of the Forex market

  (2) Applying fibonacci retracements to the Active Wave.  You establish the Retracement Channel and your entry point i.e. going long or short is determined by candlestick analysis. When a particular candlestick formation occurs beyond a particular Confirmation Level you enter your trade

  (3) Allowing the market to move as it would. As the market moves you adjust the Active Wave to the most 'active' wave nearest the time frame.  As you adjust each Active Wave you adjust your stop loss.  When your exit point is hit (opposite to no 2) or your stop loss is hit, you are closed out.

  (I can't say any more on these steps due to copyright!!)

Whist the Forex Tradingtrategy appears complex in that it actively uses Elliot Wave theory, it is amazingly simple to apply in practice. Forex Trading Strategy gives page by page examples applied to EUR/USD, CAD/USD, EUR/USD and GPB/USD to show you EXACTLY how to APPLY it.

Consider this, when the traditional cutting your losses strategy was applied it produced 90 pips profit. When the Forex Trading Strategy was applied to the same market, it produced 237 pips profit. That was a whopping 147 pips more. If you had staked $10 a point, that trade alone would have produced you $1470 EXTRA PROFIT.

Here is how you will benefit from the Forex Trading Strategy:

1. Your positions will not get stopped out early.
2. You will make more profits then following the traditional "Cutting Your Losses" theory.
3. Forex Trading Strategy is perfected for Forex trading. You can then apply it to other markets such as SP500, NASDAQ and Dow Jones etc.
4. How by setting up two candlestick charts you will be able to identify within 2 seconds whether the Active Wave is Bullish or Bearish.
5. It does not require complex technical analysis. Forex Trading Strategy uses one technical indicator and Fibonacci Retracement analysis - the rest lies in the application (again i can't say any more on these steps due to copyright!!)
6. Your loss will never be greater then 50 pips! - as there are two exit points to each trade.
7. How as well as applying it to short term trading, Forex Trading Strategy can be applied to hour trading and long term trading, so you only trade once a day - ideal for those who do not wish to give up there day job until they become master traders.
8. You will learn how to apply basic Elliot Wave analysis in the pattern formed by the ICWR.
9. How if you do make a loss, it will usually be an indication that the Impulsive Wave (dominant market trend) is about to change. So you will capture the next wave right from the start.

Good – This is a simple easy to apply model.  You do not need a track record of trading markets to apply it.  Forex Trading Strategy gives you the KEY to Forex trading.  You can than apply it to other markets such as Indices and Gold.

The Bad – There is none.  Forex Trading Strategy gets 10/10.  It works and works well.