Hi JcLyons Forex Signals
This will only help those of you that already news
trade. I don't teach news trading, so please don't ask.
I could have sold this as a $5,000 report because what
I am about to share with you is so powerful you will be
writing me thank you emails. When you give me the thank
you emails go ahead and give me permission to post them
on my site (I will remove your last name). The only thing
I ask is that if you want to share this secret with other
traders tell them to email opt in on my homepage and tell
them they will get the secret on day 3.
Nothing like making friends wait a few days for good news!
It's better if I explain it to them instead of you that way
if they don't follow the rules and lose trading they will be
mad at me and not at you!
Here we go. Don't you hate it how the market maker brokers
(the slow ones we can take advantage of) make you hold trades
for 3 minutes or they will kick you out? 3 minutes is an
eternity in news trading.
The price can spike back in 10 seconds! We both know news
trading on real pass through brokers does not work anymore
so what are we do to? The answer is so simple that you will
kick yourself for not figuring it out sooner. You open 2
accounts at 2 separate brokers and once you take advantage
of the first slow broker (getting in before the spike) instead
of cashing out at plus 30-50 pips and risking getting kicked
out with that broker, hedge with the second broker and lock in
those 30-50 pips of profit.
You can hold the trade for 3 minutes or 3 hours because it
does not matter you have just locked in all your profit.
This will make it so you never have to leave the slow broker
that you take advantage of because about half the time their
trade comes back and loses and they think you are an idiot
for holding that winning trade back to negative. They don't
realize you just made a killing with the other broker going
the opposite way. The other half of the time the trade keeps
going your way and you hold it over 3 minutes and cash out.
The slow broker can't do anything because you held the trade
over 3 minutes. The other broker shows a loss, but you made
up for it with the slow broker. Doing this will make it so
you can only trade with half the amount of your total trading capital
and sometimes you will need to move money between the
two accounts to even it out, but so what. You will never need
to switch brokers again and you will never get kicked out.
Once you find the slow broker you like to take advantage
of you never need to leave them.
Here is an example. Say you click to enter the split second
Non Farm payroll comes out because you hear or see the number
being a huge deviation right as it is coming out. On the slow (market
maker) brokers you literally have only one second to
click the enter button before the price spikes, so you click
to enter. The EUR/USD moves from your entry point of 1.5900
to 1.5940 the first 5 seconds.
You are long and up 40 pips. Since 40 pips was your profit
target (make sure you ALWAYS have your profit target BEFORE
the news comes out) you now go short at your second broker.
It's important that your second broker is NOT a market maker
broker because they will be too slow to let you in. The second
broker must be a true pass through broker like Dukascopy or MB
Trading (or even Currenex through PFG if you have a large enough
account).
Since you are now short the same number of lots on the second
broker you have just locked in 40 pips of profit! You can now
relax and hold the trade for at least 3 minutes (you might as
well hold it for 10-20 minutes so the first broker does not
get suspicious). When you cash out make sure to close both
brokers at the same time.
Even with good news announcement deviation numbers and using
the audio Trade the News software it still takes 2-3 months
to get good at trading the news so please don't use high
leverage until you master it. Don't be greedy! 30 pips locked
in on 30 leverage is 9% gain in usually 30 seconds. Start on a
demo account, after a few weeks go up to 1 mini lot and learn
it for 2-3 months before going to 10, 20 or even a maximum of
30 leverage. That's the most I am going to teach on news
trading.
On a side note for the few guys that teach news trading (and
no I'm not going to give you a list of them because I don't
think ANY of them are any good), please DO NOT EVER open a
managed account with them. News trading and managed accounts
don't work because the brokers catch on anytime a PAMM or
LAMM account is involved. It only works for individual
accounts.
Plus one of the guys that teaches news trading has a fake
review site that gives all his own programs 5 stars and has
a signal company that collects money in its own name. That
is illegal! Plus his signals aren't even good (many of you
know who I am talking about). Another money manager ignores
and does not report his whole "News trading" track record
that blew up.
That's also illegal. Be careful there are lots of sharks out
there. Everything on my site is the only things I believe in
all the way. You can teach yourself to trade the news like
I did.
Get an excel sheet and track all the major EUR, GBP and USD
news announcements. Track how much price moves each time the
number comes out 5%, 10% or 20% off from the consensus. Next
track how far the price goes the first 10, 30, 60 and 300
seconds. It's a lot of work, but after a few months you will
get a great idea on which deviation numbers to trade and you
will believe in your system more than any of the gurus because
it's your system.
I'm sorry I can't tell you the slow broker I use because I
don't want too many people on them. You can try trading on a
mini account with a lot of the US market maker brokers and you
will find the top 2-3 slows ones in a short period of time. I
gave you enough good free information so I don't feel like I
need to give you the slow broker I take advantage of also.
My auto program does not trade the news because it does not
need to. It makes great profit with or without news spikes.
Besides from my programming experience it's impossible to auto
trade the news. Those that have tried had some major blow ups.
The brokers are onto the news traders and the only way around
it is what I explained above.
My signal service is now available again, you can
learn more about it here:
Read About My Auto Trading Program
Thanks,
Cindy
Top Forex Review
http://www.topforexreview.com
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