Pro Trade Report

One of the questions most frequently asked questions I receive from new students at the University FX is "Do you have a trading system Forex Can I use that does not require that I spend much time in front of my computer? "

But usually when I get this question, I immediately question the motive of the individual. I mean let's face it, most people want something without working for She and trading on the Forex market is certainly no place for someone who is not willing to roll up their sleeves and get dirty. On the other hand, the reality is that most Forex traders have full time jobs, families and a host of other responsibilities becoming and a forex trader is simply not an option.

Given the demand, I spent some time digging through my box preverbal tools and developed a strategy Forex trading simple and efficient that anyone can use. The strategy is called "The Weekend Warrior. "

Now, before you get to the strategy I would first take a minute and explain a moving average because it is based strategy. If you're already familiar with moving average please do not hesitate to switch to "Here's How The Weekend Warrior works: "

One of the indicators most widely used technique for Forex Traders is the moving average. The moving average is an indicator which shows the average value of a security being analyzed over a period of time.

There are many variations of Mathematics the MA applies specifically to trading currencies, but they are all trying to accomplish virtually the same purpose: to predict trends in currency movements that allow forex traders to enter and exit a position at the most profitable of a change in trend.

Traditionally, a shorter (faster) MA is plotted on a graph with a longer (slower) MA. The cross of AD more rapidly in AD more slow above would be considered a movement or a downward trend in prices. Conversely, the cross of the MA slower lower back above a Master slower would signal an upward movement or trend upwards as possible.

Here's how "The Weekend Warrior" work:

On a daily chart insert a moving average (MA) 10 and the moving average (MA) 40.

Long position: Every Friday before closing you can buy any currency on a 9-day-break, if MA10 is above the MA40. Hold for the weekend and Monday morning to close the position for a profit.

Short position: Each Friday before last, to short sell a currency on a ten days if the same MA10 is less than the MA40. Hold for the weekend and Monday morning to close the position for a profit.

Leverage: Use your management strategy of the existing money or we recommend less than 1% of capital.

Why does it work? First, because others do not. And two, you're capitalizing on a pre-defined gap occurs between the end and the open currency market.

Now, go mark your calendar for next Friday and give it a try. Results speak for themselves and who knows TGIF may have a whole new meaning to you.

Dr. Elena Peters is the founder & CEO of FX University a premier Forex Education company that provides investors with precise, replicable and profitable trading systems that ANYONE Can Use!

Dr. Peters is also a Sr. Currency Trader with TradeBridge FX; a CFTC/NFA registered alternative investment firm that offers independently managed accounts to high net-worth individuals and institutional investors.

For more information about Forex Trading and to get a 7-day Free Trial to Dr. Peters Daily Trading Room visit http://www.fxuniversity.org