This Forex trading report is a practical manual, not theories. It is
intended for those who want results and are willing to take the conclusions of
science and mathematical certainty as a basis for action, without going into
all the processes by which those conclusions were reached.
It is for those who have so far found neither the time, means, nor the
opportunity to go deeply into the study of why financial instruments
accumulates then distributes, why few traders make money and most deplete some
if not their entire portfolio, why some work so hard but have nothing to show
for it; and others are favoured every each of the way with little or no effort
of their own.
It is expected that the reader will take the fundamental statements
upon faith, just as he or she would take statements concerning the law of
electrical action if they were promulgated by a Marconi or an Edison; taking
the statements upon faith that he or she will prove their truth by acting upon
them without fear or hesitation.
Every man or woman who does this will certainly get rich from trading
Forex; for the science herein applied is an exact science, and failure is
impossible. For the benefit, however, of those who wish to investigate, I will
here cite certain authorities.
The theory of buy low sell high and sell high buy low has been in
existence since the beginning of time. It is the foundation of all the hedge
funds managers, market makers, institutional traders, and even the local
merchant and or marketers.
The reader who would dig into the practicality and foundations of
price movements within any of the financial instruments is advised to open a Forex demo
account, apply the simple tested philosophy of what happened in the market
yesterday may happen today.
If yesterday daily bar or desired time frame was bullish, buy today,
and what happened today perhaps will happen tomorrow; that is if today daily
bar is bearish, sell tomorrow to gain first hand experience for him or herself.
In writing this report I have sacrificed all other considerations to
plainness and simplicity of style, so that all might understand. The plan of
action laid down herein was deduced from the conclusions of science; it has
been thoroughly tested, and bears the supreme test of practical experiment.
On the average it is 70% accurate; translating to at least seven right
trades in every ten executed trades. Three years research conducted by (4X-DAT™) Joseph
Nemeth, Founder - Global Profit Technologies, Inc using S&P 500, the mother
of all markets produced the following results:
November 30 2009 to November
30 2010; 254 trading days, 192 right, 62 wrong; 75.6% accuracy. November 30 2010 to November
30 2011; 253 trading days, 202 right, 51 wrong; 79.8% accuracy. November 30 2011 to November
30 2012; 253 trading days, 203 right, 50 wrong; 80.2% accuracy.
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