Scalping the Forex – John S.Bartlett

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Scalping the Forex – On the CD, which was recorded during the worst financial crisis in most peoples living memory, I show how despite any situation you could expect to aim at a return of 5% per week. Not only is this a realistic target for you (dependent on your bank), it is totally under your control and fully achievable.

There are no gimmicks, magic formulas, secret equations, Fibonacci, Gann, Elliott waves, specialised indicators or other hyped up rubbish; Scalping is a skill which I teach you step by step in 12 different sections lasting nearly six hours.

You will see me teaching a “live” class in one section, in another I lay down strict trading rules, I teach you the mindset and how you get into the “Zone” I give you a live presentation section in which I trade on just 3 days in a week make 8 trades (7 winning and one losing) and make a return of £1,000 from a bank of £10,000 Tax free, and the total actual time in the trades was less than one hour.

The max risk on any trade was 2.5% of my capital. Your shown the importance of financial record keeping and analysing your trading. You are taught the importance of targets and running you’re trading like a business

The system is very easy and from the trades i've been doing on demo have been all profitable.

Here are the orignal rules:

all other indicators are only guides to help decide to trade

• 1) When the bells sound consider a trade
• 2) Look at ISWPR indicator and only trade that direction
• 3) If you must use stops 15 is ok
• 4) if you are buying wait till the tick indi crosess up and selling visa versa
• 5) go for 5-10 pips.
• 6) Dont over trade I know its called scalping but its selective scalping I only took 2 trades on friday (got 10+ both)

The bell will start sounding when the big number in the right corner reaches 9..once it hits +10 Buy or -10 Sell.

Perky also added another indicator called the ADRTrader2 this will display buy and sell arrows.

the TF is M15 and currecy pair to trade is EURUSD.

generally best trading times is during london or NY sessions when market is more active.

This system is not a 'crystal ball' it cannot tell the future. What it does it tell you when there is a higher possibility of good trade. Some times you will win, sometimes you will lose.

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