Gold Trade Pro - Gold Trading System
Filed under: Forex
http://www.goldtradepro.com/
Value: $149
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Fed up trying to make money with Forex? Trade gold - it’s far easier and more profitable! EA autotrading option available*.
Updates:
Now Includes trading the DOW
This is a simple gold trading system that provides about 2 or 3 trade signals a week but with a very low 37% failure rate. In the first 3 months of 2009, despite the financial turmoil and market uncertainty, we only had 11 losses out of 33 trades and made 1,460 pips clear profit. High pip profits are not necessary if we have a high success rate. With the confidence this system brings in selecting profitable trades, we can trade more per pip quite safely.
Signals are completely unambiguous and we have a conservative 100 pip take profit and a 50 pip stop loss. One pip equals a 10 cent move on the price of gold. Either spot gold or gold futures can be traded with any broker you choose but the signals are provided by the Gold Trade Pro custom indicator run within a free demo MetaTrader as shown in the screenshots. This means that you create the signals on your own computer and are not dependent on me at all.
The Audible Alert
We trade off the 4 hour chart meaning that this requires very little monitoring, particularly as it has an audible alarm to warn you of impending trades. In this recent screen shot, you can see we had 4 trades in 8 trading days, 3 of which were successful. The fourth signal was a No Trade because the Trade Confirmation line was not the same colour as the trade arrow. If you want to use a trailing stop, gains of several hundreds pips are possible.
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