Archive for June, 2009

How to Pocket $7,720 Out of Four Currency Pairs With Little Work Sound Good?

Forex Income Engine and Day Trading
Does taking $7,720 out of 4 Forex pairs with very little work sound appealing?

Then read every word of this post, because I have a very important update.

Bill Poulos just re-opened access to a special members website “preview”, which showcases 4 Forex Income Engine 2.0 trade videos he’s recorded, and he’s given me permission to show them to you.

Check it out:

* Each one uses a different timeframe (5 minute, 15 minute, 30 minute, and one-hour bars)…

* Some trades were are quick as 10 minutes from entry to exit…

* While not every trade can be a winner, but 88.24% of them came out on top…

* Total profit was 793 pips, or $7,720 had you traded 2 standard lots. Not bad for a few minutes of “work”. ;-)

I think you’ll agree with me if I say, that’s fantastic…

To watch the videos, just login to his Forex Income Engine 2.0 member’s website preview. This is similar to the site you get access to when you become a student.

Get in here:

Forex Income Engine 2.0 Member’s Preview Website

Your username is: readyto
Your password is: enroll

(make sure you type the username & password all in lowercase)

To see the live trading videos, go to the “Pip Vault” section after you have logged into the site.

make sure you check out the entire website, Bill also put up previews of all the CD-ROM modules, so you can get a taste of what the course is like.

I’m sure you’re as excited as I am about getting access to the entire Forex Income Engine 2.0 course on Tuesday, June 16 at 10:00 am EST.

As you watch the live trading videos, I think you’ll discover how this method makes it possible for you trade according to your schedule, trading as little or for as long as you want.

More soon!

Happy Trading.
Find out more about info Forex Income Engine 2.0 Review

p.s. While you watch these trading videos, you’ll notice that it doesn’t matter where you live or when you have time to trade, because setups occur twenty four hours a day, and at almost any time – again and again…

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Last Fall, in the midst of a late-night Forex trading research session, one of the industry’s most respected Forex educators made a Forex day trading discovery that he shared with a limited group of traders.

Now, 6 months later… re-emerging from a marathon follow-up research session where he analyzed the fantastic results the initial group of traders had achieved.

And discovered three different ways to deliver even better results.

Forex Income Engine and The Big Surprise
From everything I’ve seen, no one is trading currencies like this, yet!
Not to mention, this completely turns traditional “day trading” upside down.

He recorded a new training video just last weekend that brings this updated discovery into the light & reveals how to shield your portfolio from risk with each and every trade. Especially if you’re inexperienced & have little time.

View Demonstrate Good Trading Methods here

The Silver Lining

In the course of his research, he confirmed what many have suspecting for a long time

* The collapsing global stock markets and economies has created pressures that, in turn, result in more potential profit than ever before witnessed in the currency markets.

this may come as a shock, especially if you’re new to Currency trading… but he explains in his training video why this is the case, and how to get in on this.

Also Covered

* How to no less than triple your potential profit exploiting a little-known trick using the predominant trend.

* 2 Retracement Tricks most traders just simply MISS, which, if you know how to spot them, can turn an otherwise losing trade into a profit powerhouse.

* The massive “edge” you get over other traders by automatically identifying the predominant trend at any point in time… then “throw yourself in front of it”…

* The #1 key to currency trading you MUST do EACH and EVERY TIME before you placing a position before you even think about profit. When you do this, you automatically “increase the odds” that profit will unfold…

* …and a TON more.

If you’re interested in curreny trading, or have been somewhat put off by what’s been going on in the markets, then this likely be the most important trading video you’ll ever see this year.

Why? Because after watching it, you’ll be scrambling to start {Forex trading this way…|with this way of Forex trading

At last bringing flexibility and customization to Forex day trading giving anyone that “edge”, even if you only have twenty minutes to trade, or all day. Your choice.

This is by none other than Bill Poulos. This is a little preview of the new Forex Income Engine sequel. That’s right Bill Poulos is at it again. Not to be content with producing the best Forex trading course for 2008, in my opion. He coming out with even more profit pulling methods and advice.

View Demonstrate Good Trading Methods here

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Popularity: 63% [?]

Forex Methods Leaked

It seems that someone from a Forex beta test group has leaked information on their advanced trading methods.

Forex Course Leaked
There is one video up there so far but more are likely to be there soon.

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Popularity: 54% [?]

Gomega Chart 09-06-01 I’ve been running a forwards test on the new Gomega GBP/JPY since early last week. And although it has been very consistent at anticipating the market trends on trades it has entered, is was however stopped out early when the market retraced before advancing further. Resulting in a net gain of $45.76 profit for the 3 days it was trading.

Gomega Xray was also trading the GBP JPY and had been in the trade since the week before. And just now Gomega Xray has exited its position in the Pound Yen at a profit of $704.52. Leaving it with an account balance of $7686.72 and an equity balance of $8850.

Click Here for a Gomega GBP JPY to see Gomega GBP JPY in action

Click here for the Official Website to see Gomega GBP JPY in action

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The back tests on Gomega were very good but the live results are even better. While I’m not much of a believer in back testing, mostly because the amount of data available for the EA to work on, is tiny at just around 1% to 2% of the original live tick data. And even when using the 1 min time frame as the data source, each tick is an average of the 50 to 100 ticks that would have existed in real time. In other words, back tests are a poor facsimile of live trading.

Gomegaxray GBPJPY Back TestSo how did Gomega GBPJPY do in the back test? I ran the test across the same time period as the live results. Which start from October 5, 2008 thru to April 10, 2009. Beginning with an account size of $5000, the Gomega GBPJPY back test completed with a closing balance of $8174 or a 63% gain. This compares very well to the live results from Gomega clients. Andreas Maeder’s account began live trading on Sept 2nd 2008 starting with a balance of $10,000. And by April 6, 2009, the balance stood at $19,909.24. A gain of 99% for the 7 months. You can see Andreas, from Switzerland, talks about his Gomega settings for trading the Pound Yen. Sean Hummel ran a $5000 demo account over the same period and it hit a closing balance of $14,608.67 by April 3rd, which is a gain of 192%. And Greg Surowiec traded a live money account of $5000 beginning in October 5, 2005 and by April 10 it had reached $12,811.01 or a gain of 156%.

Here I’ve taken the chart from the back test and superimposed it over the live result charts (Sean, Greg). I’ve color coded the balance curves to make it easier to compare the results. The blue line is the live money account, the green line is the forward demo test and the orange line is the back test results.
Gomega Pound Yen Back test versus live trade results You can read more on the Gomega GBPJPY here GomegaGBPJPY Review.

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Popularity: 58% [?]