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Introduction

Forex trading is one of the most viable options for someone

who’s looking at bigger possibilities, bigger profit and greater
ease in trading and business. Because of it’s high liquidity and
speedy transactions, forex trading is becoming a popular game
among players in the field of business and marketing. While it’s
traditionally for companies and corporations with big capital
and experience in the field, it has also proven itself to be a good
venture for a neophyte though what one calls a Mini Forex
account or mini forex trading.

Mini Forex Basics

Mini Forex trading is good for people who have just started in
the forex market and with not enough funds to open a regular
account. It requires a smaller capital compared to regular forex
accounts, a minimum of $300. With mini forex trading, you can
control a $10,000 currency position.

The key here is leverage. Because of leverage, a trader can trade

in a commodity more than the money available in his account.
Say with a $250 deposit, one could trade a maximum of 5 mini
lots. This kind of leverage is greater than stocks or day trading.
Of course, it is recommended to start with a manageable
leverage that allows greater flexibility in transactions.
What are the perks of mini forex trading? With just a small
stake involved, you get to enjoy free trading platform and
benefits that regular forex traders get to enjoy. These would
include state-of-the art trading software, charts and resources.
With a leverage of 200:1, the trader can trade in a commodity
regardless of the amount of money available to him.

Mini forex trading also allows for lesser losses as the contract
size is only 1/10th the size of a standard forex account. There is
also greater flexibility with regards to customizing trades and
minimizing risks. Ideal for those with smaller capital, the trader
has a chance of investing in more areas of the market with
lesser risk as there is lesser capital to be lost. He need not be
hesitant with his transactions as there is lesser capital involved.

With the same freedom enjoyed by regular forex traders, a mini

forex trader can trade as many lots as he likes. Although the
standard trade size is 10,000 units, you are free to trade as
much as 50,000 units or more. In this way, the trader also
builds up his confidence in his trading skills at the same time
slowly increase his profit and trading position in the market. He
gets to manage his money before going for the higher stakes in
regular forex trading.

The trader likewise gets to develop a sound trading strategy

without getting too emotionally involved in possible losses and
profit. For practice, a newbie in forex trading can practice
through paper trading. But in the real market, he can start
small with mini forex trading. There is lesser capital involved
and the practice builds up the trader’s trading gameplan for
future explorations in regular, higher stakes forex trading.

An Example

On a regular account, a 25-pip stop loss is equal to a loss of

$250. Since a mini forex account is just 1/10th of the standard
forex account, this is amounting to $25 only. If you trade in
units of 10,000, the trader is given more flexibility in terms of
customizing his trades and lessening the risks of loss.

They say that business is for the risk-taker. But if you’re just
starting out, it’s wise to be cautious and think about your
moves. In the world of foreign trading, mini forex accounts
provide the wisest and best option especially for a neophyte. It
requires lesser capital, lesser emotional investment, and slowly
builds up your skills and confidence as a trader. In a way, it’s a
way to prepare the trader for the higher stakes in the more
advanced world of foreign trading.
Trading Hours

The forex market hours stretch from Monday morning in

Sydney, Australia to Friday afternoon in New York. During that
time the market is open somewhere around the globe at all
hours of the day or night.

However it is not a 24/7 market because it does shut down on

weekends. 24/5 would be more accurate.

If you need to know the exact times that the markets open and
close, you have to take time zones into consideration. It is very
simple when expressed in UTC. This is Universal Coordinated
Time, formerly known as Greenwich Mean Time. This is the
standard (winter) time in Greenwich, London which is the point
of zero longitude on the globe.

So, the normal forex market hours are 22.00 Sunday UTC to
22.00 Friday UTC. This is 10 pm in the UK in winter time.

New York is 5 hours behind the UK so the global forex market

opens and closes at 5 pm Sunday/Friday in New York, 2 pm on
the US west coast, 11 pm in Germany, 8 am Monday/Saturday
in Sydney.
Things get a little complicated when you start to try to take
summer time daylight saving into account. This makes one
hour difference in countries that observe it. But daylight saving
operates in a different way in the southern hemisphere
countries such as Australia which have summer time from
September to March instead of March to September.

The hours of the different major national markets are as

follows:

Sydney: 10 pm to 7 am UTC
Tokyo: 12 midnight to 9 am UTC
London: 8 am to 5 pm UTC
New York: 1 pm to 10 pm UTC

Or we can express that in EST (Eastern US time):

Sydney: 5 pm to 2 am EST
Tokyo: 7 pm to 4 am EST
London: 3 am to 12 noon EST
New York: 8 am to 5 pm EST

You can see that these correspond to 24 hour cover.

However, this does not necessarily mean that trading will be
good at all of these times. Just after a major market opens, the
prices can be very volatile and unpredictable. Many traders will
stay out of the forex market for up to an hour four times a day
when the financial markets are waking up in these major cities.

The US dollar is the most traded currency by a long way,

involved in 2.5 times as many trades as its nearest rival the
euro. This means that events in the USA have a greater impact
on the financial markets than events in other countries. The
New York market tends to slow down around 3 pm local time (8
pm UTC) and if you are involved in a US dollar pair, this can be
a good time to stop trading for the day.

So theoretically you can trade 24 hours a day from Sunday

night to Friday night. Automated software in the form of a forex
robot can even make this physically possible. However, a
cautious trader will choose his times and will not be active
during all of the forex market hours.
About The System

First of all, to be able to use the system you need to have

Metatrader 4 platform installed on your computer. It’s free, and
you can easily get it by opening a free demo account with any
broker, like AAA FX .
Download Metatrader 4, install it, then copy/paste the system’s
indicator to indicators folder in Metatrader 4 main file. That’s
usually takes a path like C : Windows >> Program Files >>
Metatrader 4 >> Experts >> Indicators
Then copy the readymade template to C : Windows >> Program
Files >> Metatrader 4 >> Templates
Then close and restart Metatrader. Right click on chart >>
Templates >>> Template name.
Now your chart should look like this :
Forex Profits Guard is a manual trading strategy that you can
use to generate profits from forex market every month.
It was designed to be very simple and very powerful at the same
time. And unlike most trading systems all over the market, this
system is tested for a long time and proved to be profitable even
in the worst market conditions.
The reason for that, is that was designed based on the most
powerful trading methods like trend following and wave
trading.
At the same time, the system was meant to be very simple. You
don’t have to be an experienced trader to be able to use it. In
fact, even if you have no trading experience at all you would still
make a lot of money from it just like pro traders.

There are many people that sign up to trade Forex that don’t
understand or take the time to learn how and why to trade
Forex. There are many risks involved in trading any kind of
asset, whether it is stocks, bonds or currencies. If you are
interested in trading, make sure you understand Forex risks.
One of the biggest Forex risks is a leveraged buy. Some Forex
brokerages allow you to hold a certain amount of money in your
account but leverage that amount to up to 200 times its worth.
While this can be good if you are on the winning side of a trade,
this can be devastating if you lose your entire accounts worth
plus many times more.
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So please, before you start trading .. make sure that you
understand and apply money management rules. No matter
how powerful the trading system is, without money
management .. it will become a time bomb!

This system is based on two price actions .. The first one is

pri ce’s tren d. And the second one is price’swave.
To indentify the trend we’re going to use T3 Histogram
indicator ( Green/Red Bars )...

Obviously, it provides visual trending signal for up/down

trends.
Red bars = Down Trend
Green Bars = Up Trend
To identify wave’s direction, we will use two indicators:
1 – Super Signals Channel ( Green/Red Arrows )
2 – W.A Explosion ( Green/Red Bars ABOVE Yellow Line )

How to identify wave’s direction ?

Red Arrow + Red Bar Above Yellow Line = Up Trending Wave

Green Arrow + Green Bar Above Yellow Line = Down Trending
Wave
System Rules

First step is to identify the trend. Second step, is to follow

wave’s direction when both ( Trend/Wave ) match.

Example 1 ...

1 – Green/Up Arrow
2 – Green Bar ABOVE Yellow Line
3 – Green Trend Bar

From the above conditions we would have a valid BUY Signal

Example 2 ...

1 – Red/Down Arrow
2 – Red Bar ABOVE Yellow Line
3 – Red Trend Bar

From the above conditions we would have a valid SELL Signal

When one or more indicators are providing mixed signals, that

means we shouldn’t trade.
Entry, Stops And Targets

Best Entry point is right after you see all rules and conditions
are met. It doesn’t matter which one came first. You could see
up arrow, then green bar, followed by up trend green bar. Or
you could see up trend bar, then up arrow, followed by green
bar above yellow line.
All equally mean Buy signal.

Example..

The same is correct with all signals. Once all indicators provide
the same signal ( buy/sell ) then you’re ready to open a trade.
Targets:

For Targets, we’re going to use Pivots and support/resistance

levels.
Buy Signals : Price should be ABOVE pivot line, targets are
resistance levels.
Sell Signals : Price should be BLOW pivot line, targets are
support levels.

Example…

Stoploss for BUY Signals, 10 pips BELOW entry Arrow.

Stoploss for SELL Signal, 10 pips ABOVE entry Arrow.
Example...

You can close the trade when price hits target level OR when
you get opposite signal.
90% of the time, you won’t get opposite signal. But that could
happen especially with important news releases that would
cause trend reversals. That’s why it’s recommended that you
avoid trading during important news release!
The system works with all pairs and all time frames. You can
also use it to trade other markets – not only Forex – like stocks
and metals for example.
Multi time frame ADX Indicator

Multi time frame ADX measures trend’s power and direction.

Red bar = Strong down trend, Green bar = Strong up trend,
Yellow bar = Flat/weak trend.

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This is indicator’s signals are not part of the system’s rules, but
it’s very helpful and allows you to check the “big picture” while
you’re trading anytime frame.
Forex Trading Brokers

If you traded in the Forex market before or if you’re still trading

now, you may have heard the term Forex broker a lot of times.
However, as an individual trader, you may want to know what
is a Forex broker and what they do.

Forex brokers are individuals or companies that assist

individual traders and companies when they are trading in the
Forex market. These individuals can really give you that extra
edge you need in order to be successful in the Forex market.
Although they will be trading your funded account, all the
decisions are still yours to make if you want to.

Forex brokers are there to assist you with your trading needs in
exchange for a small commission from what you earn. Here are
some of the services that a Forex broker can give you:

• A Forex broker can give you advice regarding on real time

quotes.
• A Forex broker can also give you advice on what to buy or
sell by basing it on news feeds.
• A Forex broker can trade your funded account basing
solely on his or her decision if you want them to.
• A Forex broker can also provide you with software data to
help you with your trading decisions.

Searching for a good Forex broker can prove to be a very tedious

task. Since there are a lot of advertising in the internet about
Forex brokers, Forex traders get confused on which Forex
broker they should hire. With all the Forex brokers out there
that offers great Forex trading income and quotations, you will
find it hard to choose a good and reputable Forex broker.

With a little research, you can find the right Forex broker who
can be trusted. If you lack referrals for Forex brokers, you can
try and do a little research of your own. The first thing you need
to find out about a particular Forex broker with the amount of
clients they serve. The more clients they serve the more chances
that these brokers are trusted. You should also know the
amount of trades these brokers are conducting.
Www.forexwinners.net

Knowing the broker’s experience in the Forex market is also a

great way to determine if he or she is the right broker to hire.
Experienced Forex brokers will increase your chances of
earning money from the Forex market.

If you have questions or complaints, you should call or email

the company and ask questions regarding their trading system.
You should never be uncomfortable doing this. Besides, they
will be the one who will manage your money. And, it is your
right to know about what they are doing with your money.
When choosing a Forex broker, you should also consider their
trading options. You should also know that Forex brokers are
different from what they can offer you. They differ in platforms,
spreads, or leverage. You have to know which of the trading
options is very important to you in order to be comfortable
when you trade in the Forex market.

Most online Forex brokers offer potential clients with a demo

account. This will allow you to try out their trading platform
without actually risking money. You should look for a demo
platform that works just like the real thing and you should also
determine if you are comfortable with the trading platform.

Look for the features you want in a trading platform in order for
you to know what to expect if you trade with them. If you are
comfortable with a trading platform, you should consider
trading with them, and if you are not, scratch them off your list.
This is a great way to test their trading platform and not risk
your money.

If a Forex broker is not willing to share financial information

about their company, you shouldn’t trade with them because
they are reluctant to share company information. They should
answer your questions regarding on how they manage their
client’s money and how they trade that money.

Always remember that if you see an offer that’s too good to be

true by Forex traders, it probably is too good to be true. The
Forex market is a very risky place to trade and Forex brokers
must tell you that there are certain risks involved when trading
in the Forex market. Avoid hiring a Forex broker who says that
trading in Forex is easy and a very good money making market
with very low risks.

These are the things you should consider when you look for a
Forex broker. If you find that right broker, you can be sure that
you can really earn money.

Thank you and Good luck,

DISCLAIMER

U.S. Government Required Disclaimer - Commodity Futures Trading Commission Futures

and Options trading has large potential rewards, but also large potential risks. You must be
aware of the risks and be willing to accept them in order to invest in the futures and options
markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an
offer to Buy/Sell futures or options. No representation is being made that any account will or
is likely to achieve profits or losses similar to those discussed on this web site. The past
performance of any trading system or methodology is not necessarily indicative of future
results.

CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE

CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED
RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE
NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED
FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF
LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO
THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO
REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO
ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

No representation is being made that any account will or is likely to achieve profits or losses
similar to those shown. In fact, there are frequently sharp differences between hypothetical
performance results and the actual results subsequently achieved by any particular trading
program. Hypothetical trading does not involve financial risk, and no hypothetical trading
record can completely account for the impact of financial risk in actual trading.

All information on this website or any e-book purchased from this website is for educational
purposes only and is not intended to provide financial advise. Any statements about profits
or income, expressed or implied, does not represent a guarantee. Your actual trading may
result in losses as no trading system is guaranteed. You accept full responsibilities for your
actions, trades, profit or loss, and agree to hold our company and any authorized distributors
of this information harmless in any and all ways. The use of this system constitutes
acceptance of our user agreement.