At 2:1 leverage, if we have a 350-pip stop loss, that could mean a 7% loss if that trade were to stop out.  Granted, this is very unlikely, but it CAN happen.  Because of this, we must plan fo the worst case scenario and be thankful for better.

So, this single trade could very well account for a 7% loss traded at 2:1 leverage as is the maximum leverage for primary trades.  If all four of our EOD Forex signals that day are primary trades, that means we could very well have one of those catastrophic days and end up losing 28% of our accounts!

YIKES.

You must use your head when trading these.  I know you want to mirror my results and that’s awesome.  But, my results show every possible trade, the good, the bad and the downright freakin’ ugly.

You must also remember that if we have 4 trades in a single day, say, on EUR/USD, USD/CHF, AUD/USD and GBP/USD, all of these could very well be the same trade taken on different pairs.  With all of these trades having USD in common, they could virtually be the same trade.  EUR/USD and USD/CHF trades are so highly correlated that it’s best to choose one of these and not both.

Now, I’m not trying to scare you or talk you into not trading my signals.  Of course I’m not doing that.  But, I want you to use your head.  Think carefully about your own appetite for risk amd how you’ll feel if you have to take a 20+% loss in a single day.  If this is going to stress you out to the point of losing sleep, do not take all of them.

You can always choose which pairs you like best and take those trades when we’ve got a full signal plate.  No one will call you a sissy.  It’s just prudent risk management and that places you well above the masses when it comes to PROFITABLE Forex trading.

So, use your heads, people, and think carefully before taking multiple trades.  Set your weekly profit targets between 1 and 2% and when you hit that in a week, STOP TRADING.  Don’t just stop trading, stop opening your EOD Forex signal emails from me!  No one is pulling your arm to take every trade.

Why, you ask?  Well, the way I see it, we are a team here.  We’re a team of highly successful Forex traders and because of that, we ALL should profit the same.  So, from here on out, our EOD Forex signals will target 50-pip wins, and that is WITH the spread adjusted into the signals.

This should make your EOD trading here at Simply Signals that much easier.  Virtually no thought necessary to trade these babies!  (OK, well, that might be a gross understatement but you catch my drift.)

For those still a bit confused, I’ll spell it out for you.  Here’s a typical EOD signal as you would see it in your email or YM.

EXAMPLE EOD FOREX SIGNAL (NOTE:  this is an EXAMPLE and not something you really want to trade right now!)  ;)

BUY EUR/USD

ENTRY:  1.34870

STOP LOSS:  1.31220

TP1:  1.35370

SIGNAL TYPE:  SECONDARY

LEVERAGE:  1:1 MAX

EXPIRY:  5:00 PM EST (UTC-5) XX/XX/2012

To place this trade, you simply put your buy order in at the exact entry price.  You then place your stop loss at the exact stop loss price given.  And, guess what?  You also enter the exact target price listed in your EOD Forex signal!  WOO HOO!

No thought.  Super easy.  Sweet.

Um, yeah, DUH.

He “made” (and I use that term WILDLY) 1% A MONTH and people were THRILLED, ECSTATIC, ENTHRALLED with his financial “prowess”.  ONE PERCENT A MONTH!

Even the SEC had whistle-blowers writing letters to them years before the big bust stating he was claiming completely unrealistic results.

ONE PERCENT A MONTH…and this was considered UNREALISTIC…so unrealistic in fact that numerous letters were sent to officials trying to blow the top off the scam.

A consistent one percent a month was TOO GOOD TO BE TRUE.

[frame_right src="http://simplysignals.com/images/MrFakePips.jpg" href=""]
You’re gonna trust your money with THIS GUY?
[/frame_right]

Why is it so difficult for Forex traders, especially Forex signal traders, to get it through their thick heads that NO ONE can consistently make 20% a month equity gains?  Now, I’m not saying it’s impossible to make this.  But, to rack up 20% month-after-month?

There is NO signal provider out there who can do this.  NONE.   I won’t even question it.  There is no trader that good.  And, if there were, s/he certainly would NOT being selling service online to signal traders for $100 or even $1000 a month!  Think about it.

Why, Caden?  Why wouldn’t someone who can make 20% a month sell his service?

Well, in case this concept is too difficult to grasp, perhaps some numbers will illustrate this better for you.  Check this out.  You MUST believe the numbers.  They are cold, hard facts with no exaggerations or BS.

Let’s say you start trading with a superhero Forex signal provider who can make 20% equity gains month-after-month.  And, let’s say you are finding it difficult in these trying times to come up with an extra $2000 to deposit into a Forex account.  (I use a $2000 example because it is almost always the poor, and I don’t mean bad, traders who expect the moon and the stars instead of slow, steady growth.)  Sorry if I offend but it’s nothing but the truth.  Sometimes the truth is a bit hard to swallow.  So, you and your $2000 Forex account happen upon Mr. Superhero FX Trader and you go all in.  Check out these hypothetical results.  These are taken as 4.5% weekly equity growth, compounded, which amounts to just below 20% per month.

OK, I’m sorry but is it possible for anyone to be THAT dumb?  Seriously?  If you truly believe it’s possible to bank 20% month-after-month, then really, you have ABSOLUTELY NO BUSINESS TRADING FOREX, especially with a live account larger than 250 bucks.

Oh, you think I’m kidding?  Get real.

You know, I’ve actually read BS artists trying to scam money out of desperate Forex signal clients by stating that their Forex signal service makes a “modest” 20% to 50% A MONTH!

OK, I”m sorry but that just makes me want to run screaming from my beach house and drown myself in the ocean.  You have GOT to be smarter than this.  (And really, I don’t know if I’m talking about the signal client or the provider in this particular case!)

Wait a minute.  Hold your horses!  I’ve got it!  By George, I think I’ve got it!  I can’t believe I didn’t think of this before!  Hmm…Our government should just fork over the $2000.00 (if we could spare that from the petty cash pot) and trade Mr. Fake Pip’s Forex signals for 10 years!  THAT WOULD DO IT!  We’d be out of debt for good!

Oh, wait, Mr. Fake Pips and every other Forex signal provider who touts huge monthly gains and 1000+ pips a month every month…they’re all LIARS.  Darn.

[frame_left src="http://simplysignals.com/images/ConsistentForexProfits.jpg" href=""]
Slow.  Steady.  Safe.
[/frame_left]OK, OK, enough is enough.  Folks, you need to get a grip on your expectations.  Let’s get serious here for just a minute.  If you are truly serious about making it in this business of Forex trading…if you finally want to just do it and make it and prove to everyone you know that it really IS possible to make money trading Forex, then you’ve GOT to give up on your ideas of making millions of dollars overnight.  You’ve got to give up on shooting for the moon with every trade.  You’ve got to let all of that go, settle down and just take it slow.

I don’t need to tell you slow and steady wins the game.  We all heard that story a billion times when we were kids.  Think about it this way.  ALL of the notables, the great traders and the millionaires of trading did it like a turtle…and NOT a jackrabbit.

So stop spinning your wheels, revamp the way you think about trading and just think about slow, steady progress that will actually make some positive changes in your life and financial freedom.

That’s it for today.  That is the best advice you’ll ever get on Forex trading.  If you don’t agree, stay in your little shack with your 20-year old beater and keep dreaming.  Otherwise, come on over to those who know and join the SMART, SLOW, STEADY and SUCCESSFUL Forex traders who really DO win.

Peace.  Out.

It’s a VERY SIMPLE EA to use.  There’s not much you need to enter into the inputs.

SETTINGS

Manage These Trades — Enter your Order number for Ticket1.  Keep the variable ManageAllTickets as the default FALSE.

SafetyNet2.On — Keep this variable at the default TRUE.

LockSL2.TargetPips — This is the amount of pips price must move for the EA to move your stop loss.  The default is 48 pips.  This 48-pip target has been automatically adjusted for a 2-pip spread.  If your spread is larger than this, say 3 pips, you should make this entry 47 instead of 48.

LockSL2.LockPips —  This is the amount of pips that will be locked in when the stop loss is moved.  It’s currently set at a default of ONE pip, as this is how I recommend my clients use this.  If you would like to lock in more than this, say 10 for example, then change this entry to 10 instead of 1.

That’s it!  It’s that simple.  If you run this and have any problems with it, just let me know.  Fire me a quick email and I’ll take a look.

 How long do you expect to be in business?

Most Forex signal providers are in business less than ONE YEAR!  Unbelievable but it’s so true.  This is a short-lived business for anyone who is NOT a true meat-and-potatoes Forex trader.  I’m talking a real, professional trader.

I AM MEAT AND POTATOES!

I am here to stay because this is my life.  It’s what I do when I have free time.  It’s what I do when I supposedly take time off.  It’s what I do when I eat, sleep and breathe.  I’m a trader.  It’s who I am.

So, needless to say, I’m going to be doing this until the day I die.  I wouldn’t have it any other way.  And, what’s more, I LOVE helping people make money!  Call me a softie, a pushover, call me what you will.  I just love making traders’ lives a little bit less stressful, a little bit happier, a little more successful.

Think about it this way.  MOST Forex signal services are here and gone within a single year!  ONE YEAR and they’re GONE, wiped from the face of the Internet AND planet!  Here today, gone tomorrow.

I started out with 5 clients when I started Simply Signals back in June of 2009.  JUNE OF 2009.  Did you catch that?  Now, just 2 1/2 years later, I have over 300 clients and I’m CONSTANTLY improving my site AND service.  I live to make my clients happy!

OK, enough about me.  I know, I know, once I get started on me, it’s hard to stop!!!  ;)

So here goes.  Let’s talk about what’s here for you.

I like to reward traders who know a good thing when they see it.  I also like to reward loyalty.  So, being the SOFTIE that I am, I am  allowing 5 people this year to get a lifetime membership to Simply Signals for only $1497.  That’s a savings of $1000 off the regular price of $2497.  It’s also a savings of $267  from the month-to-month price of a SINGLE YEAR!

A LIFETIME OF SIGNALS FOR LESS THAN THE COST OF A SINGLE YEAR!

Yep.  I’m doing it.  But, I’m only doing it for 5 traders.  5 HIGHLY INTELLIGENT TRADERS who know a great deal when they see it.

[frame_left src="http://simplysignals.com/images/ForexStopLoss.jpg" href=""]
Don’t let this guy be you.
[/frame_left]Don’t waste any more money on fly-by-night signal providers who have no clue what it means to be a Forex trader.  Don’t waste any more money searching for the Holy Grail Forex system that does NOT exist.  Don’t waste any more money on liars, cheats and thieves.  I know you know this look.  Do NOT let this guy be you!

Once these 5 slots are gone, they are gone.  I will NOT give out more than 5 at this price.  You’ll have to shell out more money for the same thing if you miss out on this deal.  And just to dish out some numbers for you, I signed 14 Lifetime Members at the regular rate last month.

F-O-U-R-T-E-E-N.

Use the coupon code below and get in now while you can.  This is truly the CHEAPEST my signals will EVER be!  It is my goal in life for you to be a successful and HIGHLY PROFITABLE Forex trader.

COUPON CODE 6AD5294855

For those of you wanting to try Simply Signals out for free, I offer TWO two-week free trials every year.

CURRENT FREE TRIAL:  22 January through 3 February 2012

NEXT FREE TRIAL: 30 September through 12 October 2012

This is ONLY for the above dates.  I will not extend this offer if the weeks don’t give many signals.  You get what you get.  It’s free for Pete’s sake.  Don’t bitch and moan if you can’t take any of the trades.  This is a random sampling of two weeks’ worth of signals.

This is meant to be a good look into a random two weeks of what you get as a Simply Signals member.  If you like the trades, sign up and join our HIGHLY SUCCESSFUL team of Forex traders.  If you like my style, my honesty and my trading philosophy, sign up.  If you don’t like my trading style, that’s cool, too.  Go find some other service that’s more in line with your own trading style.

If you want to give it a go, awesome, sign up below.  But, remember, with any trial, you should trade these DEMO-ONLY!  These Forex signals are only intended to give you a short glimpse into my conservative style of trading.

Yes…and…no.

You had to know that was coming!  I can’t possibly answer a question like that with a one-word answer.  You know me.  I have to hear myself type, right?

So here’s the deal.  When CAN you enter a trade late?

[check_list]

• 1) If you’re a new member and we have current live trades that are in negative territory, you can enter Forex signals late ONLY BY PLACING STOP ORDERS with the proper, SIGNALED entries, stop losses and targets.
• 2) If you’re an existing member and didn’t enter the trades when the signals came out, you can enter a signal late by placing a STOP ORDER within the SIGNALED ENTRY RANGE.

[/check_list]

Do not, I repeat, DO NOT enter a trade late at a price that is closer to the target than what I’ve signaled.  If you missed the trade, so what?  Others will come.  Do not get into a trade late and miss out on half the profits.  Enter at the RIGHT PRICE ONLY.

Need an example?   OK, here goes.

Let’s say my Forex signals came out at 5:15 PM EST and you didn’t get your email until 9:00 PM EST.  At 9:00, you notice our trade is already live and has moved 20 pips in our direction.  You don’t want to miss out on the profits so you enter the trade late, missing out on that 20 pips of good lovin’.

Don’t have a happy trigger finger when it comes to Forex trading.  It will only bite you in the bootay in the long run.  Let this one go and be happy when it takes profit without you.  This isn’t such a bad thing.  It helps give you confidence in your Forex signal provider’s Forex system.  That is part of the magic equation to making money in this business.  So sit by along the sidelines and do not rush to get in late on a trade that’s taken off without you.  SIT AND WAIT FOR THE NEXT SIGNAL.

If you only use stop orders when getting into trades late, you forego the risk of getting into a trade that’s already reversed and moving toward our stop loss.  Getting in within the signaled entry range via a stop order gives you peace of mind that the market has once again started moving in our direction.  Your odds off success, making money and reaching our TP greatly increase with late stop orders rather than jumping in and tossing your hopes out there.

Remember, trading in the foreign currency market is like swimming off the coast of Australia with huge chunks of tuna strapped to your limbs.  It’s not smart but if you must do it, do it right, with the best chance at getting out unscathed in profit.

Profit is ALWAYS the end goal…not the action of placing trades!  ;)

There are two ways you can deal with large losses in gap trades:  1)  the Sentinel strategy, and 2) using price action to look for a re-entry price.

First up is my colleague, Tim Barnby’s, Sentinel strategy.  With the Sentinel strategy, you re-enter the gap trade at exactly the same point where you stopped out (or manually closed out your trade).  When you can’t stand watching a trade go against you any longer and must have some sort of relief, you exit your losing gap trade.  You simply let the market move 40 to 70+ pips past your exit and place a stop order to pick you back up when the market turns around.

Can you get burned twice using this strategy?  Yes, of course you can.  It’s gap trading and although it’s highly accurate, it CAN and sometimes DOES come back and bite you in the ass.  Unfortunately, that’s just a risk that goes along with such high probability trades.

The second thing you can do is watch price action.  Often, inside bars can be a good indicator for a continuation.  BUT…they can often signal a reversal, too!  We’ll use today’s inside bar on USD/CHF as the example.

We are currently in a LONG on USD/CHF from about 3 weeks ago.  Today’s daily candle was a gorgeous inside bar.  One way to re-enter this trade is by placing a BUY STOP about 10 to 15 pips ABOVE tofday’s daily high, which was 0.73283.  By placing a buy stop order at 0.73430, if the market decides to start a reversal here, you’ll be set up for a nice comeback.  If she decides to keep falling like a rock, your trade will never get picked up and you can cancel the pending order and wait for a new opportunity.

Our EUR/JPY trade has been stuck in a range for a while now.  I’m looking for some sign that it’s going to turn around to close the gap.  The Japanese government keeps threatening to intervene again, even after last week’s failed attempt.  In an instance like this, I would use the buy stop strategy from above.  I’d use price action to look for a reversal candle on the daily charts and place a buy stop 15 pips above that high.  Look for a pinbar, a spinning top, dragonfly doji, long-legged doji or even a piercing pattern.

You WANT to have your buy stop all set up BEFORE BOJ decides they’ve had enough and starts dumping Yen.  Be prepared because I’m betting it’s going to happen again sometime soon.

The market really is a beast and you’ve got to always be on your toes.  if you happen to get stopped out on a gap trade, then using one or both of these tools can help you regain some of the losses your Forex account has suffered.

Simply Signals IS the most pirated Forex signal service on the planet.  I’m not EVEN kidding!

In the past 6 months, I have had 17 other signal services pointed out to me by clients as sending IDENTICAL FOREX SIGNALS shortly after mine have been sent.  I don’t know about you but to me, that says A WHOLE FREAKIN’ LOT about the quality and profitability of MY service!

Would you steal Forex signals that suck and pass them off as your own?  Of course you wouldn’t.  There is no one on the planet dumb enough to do that.  I don’t care who you are!  That’s just ludicrous.

[frame_left src="http://simplysignals.com/images/BestFXAlerts.jpg" href=""]#1 Pirated Forex Signal Service[/frame_left]So, why are all of these thieves stealing my hard work and awesome Forex signals?  That’s simple.  Because my trading is so much better than anything they could even dream to do on their own.  No brag, just fact–OBVIOUSLY.

So why would anyone want to use a copied service instead of the real deal, Simply Signals?  Well, there are a few reasons for this.  First, people don’t know they’re using a stolen service.  They just think they came across a rockstar trader.  Unbeknownst to them, I am the rockstar trader and not their thief signal provider.

Many of those pirating my Forex signals sell them for at a slightly cheaper rate.  ”Score!” you think.  Well, let me tell you, it’s NOT a score for you, the client.  It’s only a good deal for the thief.  You see, the thieves pirating my service have no clue how to trade Forex and WIN.  They don’t know a thing about my trading systems and why I send certain signals at certain times of the year.  They just know they send what they get.

They know how to forge, how to lie and how to steal.  That’s it!

THEY ARE THE REASON SO MANY OF YOU HAVE LOST THOUSANDS OF DOLLARS TO LYING, SHYSTER FOREX SIGNAL PROVIDERS!

[frame_right src="http://simplysignals.com/images/17PiratedForexSignalServiceScope.jpg" href=""]Targeting ALL Thieves Stealing My Service[/frame_right]When I catch someone pirating my FX alerts, I stop sending them Forex signals immediately.  Then, all of the sudden, they find themselves in a whole world of hurt with NOTHING to send their own paying clients.  What do they do?  They know NOTHING about trading Forex successfully.  They know NOTHING about the markets and what’s going on.  So what do they do?  They need to keep their monthly income rolling in so they send out CRAP trades from a system that doesn’t profit.

How many times have you been with a service that was profiting like a big dog and then all of the sudden, it seems to go to hell and every trade signal sent out loses?  The trading style all of the sudden seems different, like SOMEONE NEW has been sending the signals?  That happens A LOT.  In fact, I can think of SEVENTEEN TIMES that’s happened to other signal services in the last 6 months!  Hmm…Interesting, isn’t it?

“But, Caden, how do you know when someone is stealing your Forex signals and sending them out as his own?”

That’s easy.  I have 300+ clients from over 65 countries around the world.  Many of them speak and read multiple languages, as do I, and we ALL love to read about Forex, Forex signal services and the currency markets.  My clients are LOYAL TO ME because I make them money, I’m here for them 24/7 and they know I genuinely care about their trading success.  When they see duplicate signals coming WELL AFTER MINE from some hack signal provider in Canada, England, Italy or Israel, for example, they KNOW there’s a whistle to be blown.  Some of these other Forex signal services even COPIED MY RESULTS CHARTS and pasted them on their own sites!  My Forex gap trade results chart appears on 3 other signal providers’ sites!

They don’t even try to hide the fact that they are incapable of doing anything of their own!  They STEAL MY WEB COPY, often word-for-word!

So what does this have to do with you, the prospective client?  I guess it must be said.  Do you want to trust your financial success with someone who has no clue how to trade Forex?  Some who is STEALING FOREX SIGNALS and sending them out as his own?

Or do you want to go to the source and get the real deal, the REAL trader, the REAL brains behind the trades?

I know you’re not dumb.  You know the right answer and you know which service will be more profitable in the end.  I wouldn’t trust a Forex signals pirate with Monopoly money let alone my hard-earned cash, often saved for years!  NO FREAKIN’ WAY!

You do the math but I’m telling you, NO ONE WOULD STEAL FOREX SIGNALS THAT SUCK.  We profit here at Simply Signals.

Simply Signals is the real deal.  Everyone else is a copy.  Sign up today and profit consistently.

Simply Signals IS the most pirated signal service on the planet because we’re the best.  PERIOD!

When I started Simply Signals almost 3 years ago, I had only a handful of clients, plenty of time to respond quickly to emails, and a rate of $50/month.  I wanted to make sure EVERYONE could afford my service.

Well, after almost 3 years of successful Forex signals, I’ve now got over 300 clients and more signing up almost every day.  Can you imagine the time it takes to respond to emails?  I don’t allow my assistants to respond to emails because that’s personal and I strongly feel everyone who uses my service (or is thinking about using my service) should get the answers straight from me.  After all, these are MY Forex systems and MY Forex signals…not anyone else’s.  That means I need to be the ONLY ONE with my hands wet to the elbows with questions and client contact.

I still want to be able to make my service affordable to everyone, even those who must have DEEP DISCOUNTS.  But I can’t handle the workload that comes along with a constant price below $100/month like I did when I first started out.

HERE’S THE DEAL

I offer DISCOUNT FOREX SIGNALS for $41.41/month.

HERE’S THE CATCH

I only offer this discounted rate to ONE PERSON EACH MONTH.

HERE’S THE INFO

It is an ANNUAL MEMBERSHIP.  This means you pay one time per year for 365 days of Forex signals.  $497/year which works out to be $41.41/month.  This is a RECURRENT rate.  That means as long as you stay a current client, you will not pay more than this rate, even when my rates increase.  You are LOCKED-IN at this cheapo rate.  It’s not just for the first year and then it jumps to my regular rate.  Nope.  I’m not in the business of screwing people over to try to weasel out a few hundred extra dollars.  I can’t stand those people.  $497/year as long as you stay a client.  Period.  Simple.

HERE’S THE WHEN

On the first day of each month, I will update this post with the new month’s SINGLE COUPON CODE.  This is good for ONE ANNUAL MEMBERSHIP ONLY.  One a month is what I offer.  The first person to use it is the ONLY LUCKY TRADER that month.   If you must use the discount code in order to be able to trade my FX signals, then you need to get here quickly and use it ASAP.

Last year, I offered three discount annual memberships a month.  Those were often GONE within the first two days of the month!  Now, because I am getting so busy, I am only offering ONE DISCOUNTED, CHEAPO RATE PER MONTH.

If you want it to be yours, you’d better use the coupon code as soon as it’s posted.  I won’t offer more than this one per month.

Don’t let others get your great equity growth.  Use the coupon code ASAP and don’t waste time.  See it.  Use it.  If you don’t, most likely it WILL BE GONE and someone else will be making the money that should be yours.

HERE’S THE CODE

This coupon code is only valid for the FIRST PERSON TO USE IT from 1 January 2012 to 31 January 2012.

COUPON CODE:  OEED11B3A7

HERE’S WHAT TO DO

If you want your chance at getting my signals for $41.41/month with an annual membership, the ONLY, the SINGLE, the ONE annual membership I offer at this rate, just cut and paste that coupon code listed above into the coupons section at the bottom of the sign-up page.  Simply click on the Add To Cart button below, choose Annual Membership, fill out the user info and paste that savings-of-a-lifetime coupon code in the Coupons section.  Voila!  That’s it.  So simple.

Now please, seriously, if you want this, if you want truly honest, profitable Forex signals at an unbelievably CHEAP rate, use the code now.  It will not last long!  Ever heard the saying, “You snooze you lose”?

Nothing could be more true.  If you want it, use it!  I’ll see you on the other side!  :)

Nice profit for something that took less than 30 seconds to enter.  :)  Gotta love EOD Forex signals.  They’re easy, low-stress and highly profitable.

EOD Forex Signals

I send out EOD Forex signals about 2 to 3 times a week, depending upon the current market conditions.  If I don’t get an entry that meets my strict Forex system rules, I refuse to send out a signal.  I want you to WIN…and WIN A LOT.

Intraday Forex Signals

I use the 4H charts to generate my intraday Forex signals.  I send out 2 to 3 intraday Forex signals a week with targets between 40 and 200 pips.  Again, if the signal is not SHEER PERFECTION, I won’t send it out.  Only the best of the best for my clients.

Sunday Gap Signals

I haven’t lost one of these yet!  I’ve sent out over 90 Forex gap trades in almost 2 years now and we’ve never lost money on a single trade!  Talk about ACCURATE FOREX SIGNALS.

Three types of trades, three ways to profit.

But you don’t have to worry.  I won’t bombard you with an insane amount of signals so you have to pick and choose which to take, further lessening your chances at profiting.  I won’t send you a steady stream of CRAP signals.  No, I won’t do that.  I send out a RESPONSIBLE number of signals a week.  This gives you the best chance of winning, the best chance for profits.

And, the best chance for KEEPING your profits.

You know, it’s easy profit in this business of Forex trading…NOT SO EASY TO KEEP YOUR PROFITS.

By sending out a responsible number of trades each week, I give you an even higher chance at banking your wins instead of handing them back to the market.  Keep your wins.  Trade with me.

It really IS that simple.

Check out my results page now.  I am SOOOOOOO PROUD of my results.  I work my ass off to make sure I find only the best Forex signals.  I have spent hundreds of hours fine-tuning my Forex systems to be sure they work incredibly well as Forex signals.  You know, sometimes certain Forex trades work better for the professional Forex trader than they do for their signal clients.  Then, no one can seem to ever obtain the same results as the provider.

NOT TRUE HERE.

You can and WILL get the same results that I post on my site.

Now, you can focus on WINNING instead of worrying.  You get obtainable, awesome results here at Simply Signals.

And you know, there’s nothing like winning trade after trade after trade to put a nice, big, juicy smile on your face!

So now I ask, how much have you been smiling lately?

DON’T BELIEVE THE HYPE.

I know as a signal client, all you really want is signals.  You want signals.  You want signals on top of signals on top of more signals.  A barrage of Forex signals does NOT necessarily make you money.  In fact, it most often results in CATASTROPHIC losses.

You see, it’s easy to earn 1%, 2% or 3% equity in any given week.  It’s almost IMPOSSIBLE TO KEEP it if you continue trading.  Signal services that keep sending signal after signal after signal are NOT looking out for your best interest.  They are simply telling you want you want to hear just to get your money.  Unfortunately, you end up learning the hard way.

DON’T BELIEVE THE HYPE.

Holy grail?  There is absolutely NO HOLY GRAIL in Forex trading.  You have to give a little to get a little and that’s just how it works.

It’s true, my Forex gap signals have been 100% accurate in the almost 2 years I’ve been sending them.  But they don’t come out every week and sometimes they can be quite small.  Other times, you’ll get 5 nicely-sized trades in one week that amounts to a huge equity growth.  It’s give and take.  You give up getting signals all day and night for highly, highly accurate trades when they DO come out.

Any signal provider who tells you otherwise if full of shit.  Sorry, but it’s true.

DON’T BELIEVE THE HYPE.

Any Forex signal provider who recommends trading one standard lot per $10,000 is an ass clown and not a REAL-LIFE professional Forex trader, despite what he and his marketing message claim.  It’s like that television commercial we used to have here in the States a long time ago.

“I’m not a doctor but I play one on TV.”

Yeah, I’m gonna listen to YOU!  Give me a freakin’ break.

When your Forex broker recommends you trade one standard lot per $10,000, they do this because they know it’s the best AND fastest way to make your money theirs.  They WANT you to get a margin call.  They PRAY that you get a margin call–AND FAST.  The faster you lose money, the faster you re-fund your account.

DON’T BELIEVE THE HYPE.

Forex profits don’t come overnight.  They just don’t.  REAL equity growth takes time.  It’s like a good wine.  It’s got to age.  It requires some tender care and specific handling.

You cannot become a Forex millionaire overnight.  Slow and steady is the ONLY way you can realistically do it.  Anyone who tells you differently is flat-out lying to your face.  It’s bullshit.

Whether you choose to sign up with me or not, this information is VITAL to your financial success.  Remember this when searching for the perfect Forex signal service for you.

My service is NOT for everyone.  I use huge-honkin’ stop losses to avoid needless losses.  I wait until I have the perfect Forex signal and then send that one.  That means I don’t trade every single day.  Sometimes I don’t trade for a few days in a row, even a week or two in the summer or December.  That also means, however, that you’re not losing money on crap signals I sent out just to be meeting a signal quota.

For some, this is unacceptable.  I understand this and if you are one of those traders (who is still looking to lose all or at least a great deal of your money), then you will want to look elsewhere.

I am frugal.  I am HIGHLY CONSERVATIVE when it comes to risk and money management.  And I will never tell you what you want to hear just to scam a measly subscription fee from you for a month or two before you quit.

That’s ludicrous.

I want my clients happy AND profitable.  And I want to keep you for a long, LONG time!

This is what I call Fishing for Big Game and it is FUN, FUN, FUN when you hook one of those huge runners!

Another great thing about this trade was our swap profits.  Going long on AUD/USD really makes a great carry trade and our AUD/USD trade earned us almost 1/3 of our trade profits in our positive swap.  AWESOME!

Just to comment on all of our activities this week, we’ve had +309 pips of profit!  +155 pips (1:1 leverage) on our intraday Forex signal, +100 pips (1:1 leverage) on our AUD/USD EOD Forex signal and +54 pips (2.5:1 leverage) on our Forex gap signals.

It’s been a really great week for Forex profits–especially considering it’s summer!  I’ll take it.  :)

YOU MUST PLAN YOUR FOREX PROFITS!

So what do I mean by this?  Well, let me give you an example.  This is TYPICAL for my Forex signal clients before they start trading with me.

When I first talk with my new clients, I typically ask what they expect from my service.  I’m talkin’ equity growth here.  Can you guess what the most common response is?

30% equity growth.  No, not 30% annually.  Not just 30% in a single month.  Anyone can do that–once.  No, my new clients often want 30% SUSTAINED EQUITY GROWTH.

I hate to do it but every time I hear this, I laugh out loud.  Then I think to myself, “If I could get sustained equity growth of 30% per month, EVERY INVESTMENT BANK ON THE PLANET WOULD BE FIGHTING LIKE WOLVES AND BENDING TO MY WILL TO HAVE ME ON STAFF.  Seriously, think about it.

Can you say, ah, REALITY CHECK?

I want to show you some real, cold, hard numbers here to prove my point.  You all know I’m all about showing math and numbers so here goes.  But wait!  First, I want you to think about something before moving on.  Ponder this, won’t you?

[check_list]<li>How long have you been trading Forex?</li><li>What are your monthly equity targets?</li><li>Where is your Forex account now in relation to your starting balance?</li>[/check_list]

My educated guess tells me you have lost some cash over the months and years, haven’t you?  And you’ve been aiming for how much a month?  20%?  Does something seem off here?

OK, onto my numbers.  You NEED to see this.  It will help change your mind about how you’ve been trading and your profit targets.

Below is a table using an example $5000.00 Forex account.  Now, I don’t care who you are.  Almost anyone can come up with $5000.00 for a Forex account.  So, instead of shooting for the moon with get-rich-quick schemes (they don’t work, by the way), we’re going to take that account and aim for 1% a week, 1.5% a week and 2% a week, comparing all three.

Let’s have a look.  Take all the time you need to peruse this and really let it sink in.

So what do you think?  Are you shocked?  What if I told you that even a complete idiot could fall into 1% equity a week?  It’s EASY to get 1% equity a week, even 2%…it’s just not that easy to KEEP IT!  Let me repeat that because it’s VITAL to your trading success!

[quote]It’s EASY to get 1% equity a week, even 2%…it’s just not that easy to KEEP IT!  You just have to use a little discipline.[/quote]

So how do you this?  Well, I’m going to get into that in a second post about setting REALISTIC profit targets.  I think when I’ve thrown a wrench in all of your expectations and ideas about how much you can REALLY make trading Forex, there’s only so much I can force down your throat at any given time.  We’ll let this all sink in and when you’re ready, read on.

A WATCHED FOREX TRADE NEVER TAKES PROFIT!

Now, I know you’re either looking at that going, “Ah, DUH” or, “What the hell are you talking about?”  Repeat it outloud.

A watched Forex trade never takes profit.  A watched Forex trade never takes profit.  One more time, shall we?  A watched Forex trade NEVER takes profit.

We are, by nature, impatient and worse yet, greedy.  When we place a trade, we immediately go into fight-or-flight mode and can’t stand to be in that trade…yet we can’t seem to look away.

This is a problem.

It took me years to learn how to settle down, give up the constant staring at charts 24/7 and let the market breathe.  You see, the Forex market is a living, breathing FREAK OF A BEAST that WANTS you to watch her.  She coaxes you with her subtle temptations of profit and glory.  She entices you with a glimpse of what can be.  She teases and flirts and nibbles at your neck as you watch the candles moving closer and closer to your target.  And just as she’s about to reward you with profits, you think to yourself, “You know, I can get more out of this trade.  I should move my target another 50 pips!”

The second you do that, that cold-hearted bitch rips those would-be profits from your trade and runs in the opposite direction like a poser running from Tyson in his prime.

Not only do you miss out on your profits, you sit there and WATCH YOUR FOREX TRADE like a hawk.  You get your iPad or your Smartphone and watch your trade.  You throw it up on all 6 monitors and watch it.  You awaken multiple times a night and watch it.  You watch it and watch it and watch it.  Every pip it goes against you, you feel the noose slipping tighter around your neck.

Until…

…you close out your trade at a loss, congratulating yourself for getting out when you did instead of waiting for your stop loss.

Of course, then your trade goes on to take profit…without you.

There are three mistakes in that example that I KNOW you’ve experienced.

You can’t watch a trade, move a target, move a stop loss, move this, move that, do this,. do that and think you’re EVER going to take profit.  We are designed to throw a wrench in every trade we place.  We want more money.  We don’t want to take a loss.  We second guess.  We think we’re better than we really are.  There are so many ways we fuck up our own trades and you know what?  I know for a FACT you are doing this, too.  I did it for years and I’m a highly-skilled trader.

So what’s the solution?  Is there one?  Start training yourself now.

For starters, DO NOT TRADE THE LOWER TIMEFRAMES.  Those are sucker traps and will eat your entire Forex account in a matter of a few months.  Trade the 4-hour and daily charts.  Look at your platform WHEN THE CANDLE CLOSES and not until.  Assess your trade then and only then.  Nothing matters until that candle closes.  Nothing is certain until that candle closes.  Nothing is real until that candle closes.

I can’t tell you how many times I’ve been watching a trade and a candle looks AWESOME.  It’s got a nice, long body stretching out to touch my target.  I’m totally stoked.  Then, 15 minutes from that candle close, it forms the freakin’ dreaded pinbar and I exit early because I think I know what’s coming next.

But the candle has NOT closed yet.  That pinbar fills back in 2 minutes until the candle close.  Guess what?  That next candlestick hits my would-be take profit level…had I only neglected to stare incessantly at my charts and screw up the profits I had coming.

A watched Forex trade never takes profit.

Remember that, my friends.  It is one of the Forex Trading Basics ALL profitable Forex traders have learned…the hard way!

This one was one of those strange times when you just have to have confidence in your Forex system.  We traded BOTH EUR/USD and USD/CHF long this week for gaps and that almost NEVER happens.  Sometimes, you just have to trust the system.  :)

Also, many times we have Forex gap trades that close within a few hours and barely go against us.  But, I want my clients to know that this is not always the case.  There are times when price can head in the opposite direction before closing.  This is just something you must get used to when trading gaps.

This one closed for +28 pips for us, making our grand total +2709 pips.