Does anyone know about this? I went to a seminar for 4xmade easy and they said that the canadian dollar does the same thing every day at the same time of day. Any Ideas, They would not tell me I had to buy there software so they could tell me Ive been doing some back tracking, but I cant find anything.
There is only one man who shared his strategies when he was pitching 4XMadeEasy. His name is Mike S. I purchased 4XME, I can't say wether or not its a scam because I never used it. Instead I traded the 2 strategies given by Mike S. Strategy #1 is Trading News Reports and #2 is the Canadian Steeler. Two strategies that worked well for me, thereby the reason I never used the 4XME software.
THE CANADIAN STEELER is a strategy that has you in the USD/CAD everyday. In the morning you place a Straddle 15-20 PIPs away from the pre 8am NY time. If there is news affecting the CAD then you place it 10 minutes before the news comes out to place your straddle. Once the currency moves you are in one side or the other of the market and ride it for a 60-80PIP run. Set your stop loss at 30-40PIPs and you only have to have a 60% success rate to be profitable.
Try this strategy out on a Demo Account before you use real money to make sure it works for you.
Happy PiPs
THE CANADIAN STEELER is a strategy that has you in the USD/CAD everyday. In the morning you place a Straddle 15-20 PIPs away from the pre 8am NY time. If there is news affecting the CAD then you place it 10 minutes before the news comes out to place your straddle. Once the currency moves you are in one side or the other of the market and ride it for a 60-80PIP run. Set your stop loss at 30-40PIPs and you only have to have a 60% success rate to be profitable.
Try this strategy out on a Demo Account before you use real money to make sure it works for you.
Happy PiPs