Gold Trade Pro
This is a simple gold trading system that provides about 2 or 3 trade signals a week but with a very low 37% failure rate. In the first 3 months of 2009, despite the financial turmoil and market uncertainty, we only had 11 losses out of 33 trades and made 1,460 pips clear profit. High pip profits are not necessary if we have a high success rate. With the confidence this system brings in selecting profitable trades, we can trade more per pip quite safely.
Signals are completely unambiguous and we have a conservative 100 pip take profit and a 50 pip stop loss. One pip equals a 10 cent move on the price of gold. Either spot gold or gold futures can be traded with any broker you choose but the signals are provided by the Gold Trade Pro custom indicator run within a free demo MetaTrader as shown in the screenshots. This means that you create the signals on your own computer and are not dependent on me at all.
old trade Pro is an extremely safe form of trading. For the first 7 months of 2009, we only had 14 losses in 64 trades.
The signals are clear and unambiguous – a green arrow we buy, a red arrow we sell – so long as the Trade Confirmation line is the same colour. Nothing could be simpler. The TCCI is not used unless conditions are difficult. Most systems try to impress you with numerous indicators but, frankly, this is just BS – after all, they could combine them into fewer indicator like we have done here to give simple buy and sell signals. However, the more indicators they give you, the easier it is to charge more and make it look impressive!
For those who prefer more action, it is possible to trade off the 30 minute chart in exactly the same way (minus the Trade Confirmation indicator) but with a reduced 30 tick stop and limit. There will always be several trades a day but the success rate varies with the conditions so it is less reliable than using the 4 hour charts but can often be very profitable.
ough it looks identical, this indicator is quite different from the one I use in my Oil Trading system and is designed for gold. The system comes with a very comprehensive guide to it’s use and to trading in general, with chapters on all aspects of trading from setting up a trading account and money management to trading psychology. For anyone who doesn’t want the stress of trading Forex, glued to the screen all day, this is the perfect solution. Updates and help given within the Members Area on a regular basis and usually during each trade.
Using the Gold Trade Pro indicator and the TCCI, it is possible to produce steady profits trading the DOW Jones Industrial Average. Because this is a powerful and volatile index, it is extremely rare to find a reliable system but we have shown steady profits during numerous different conditions. Because of its changeability, it is not possible to create hard and fast mechanical rules for optimum profits but we do recommend two different techniques together with the suggestion that you may well find your own, depending on prevailing conditions.
No hype, no pages of testimonials, no inflated price – just a genuine system that really does work and for the sensible price of $149.00. this system includes 1 TCCI indicator, 1 Metatrader 4 template and a pdf manual 31 pages.
Barry Thornton’s
HectorTrader.com is not offering you yet another black-box trading system – we’re offering you a full Forex training program so you actually learn how to trade as opposed to blindly follow the signals generated by a black box system.
