Hands-Free Forex Trading System

[taramj22]

I finally joined this program last month that utilizes a forex system which I have been following for the past eight months. A friend of mine was doing it and he just kept mentioning how much he was making with this new forex system so he showed me exactly what the system is and how to do it. I was amazed at how easy it was to learn! I have never gotten into forex before - (afraid I'd lose my tail), but this system is very easy....I had no problem figuring it out.

He opened his live account in August and has tripled his account value in that time.

Basically, what the system does is allow you to "ride out" the lows, and capture profits on the peaks. They tell you exactly how many lots to buy and what to set your buy and sell limits at - and then all you do is adjust your buy and sell limits when one of them executes. Seriously takes just a few minutes to do. And because of the currency pairs they use, you can make pretty much any interest rate you want.

I didn't understand that part at first - but this example helped me to understand it:

For example: If you are paying 4% interest anually on the EUR/USD and
earning 5% interest annually on the USD/CHF - then you are earning 1%
annually.

Doesn't sound like much...BUT....the forex allows you to leverage and earn on 400 times your money....so if you have a $5000.00 trading account at 400:1 leverage and are trading with $500 of that in the forex, you get to earn interest interest on $200,000. ($500*400=$200,000)

$200,000 at 1% interest annually = $2000.00 per year.

Earning $2000.00 per year on a $5000.00 account is a 40% return (and that's not including the profits you make from trading (buy and sell limits)

I was simply astonished when I figured this out...I can't believe more people aren't taking advantage of this! Anyway - feel free to email me with questions. fizzgizz@yahoo.com

Of if you want to view the presentation...they explain it pretty well if you haven't already seen it: Welcome to Tara Kinney's FreedomRocks.com!!

All I can say is...I was impressed with the system. I didn't jump in on whim...I followed and researched it closely before joining.

I'm waiting for my live account to get funded, but my demo account is up 19% since opening it on January 27th.
Let me know if you have questions.

Tara

[scorpion]

Making money from swap? That's just a great idea! But i think there's something missing in the equation. Let me do some home work.

[scorpion]

Ok, i've got the missing part. You might lose big time when price moves against you. It's not like you can stop the price and earn interest continuously. If say you then hedge your position, you'll get zeroed out interest earning.

Maybe i'm missing something on possible holy hedging?

[taramj22]

Yep....It is one of those things I think you need to see in action to really understand. I thought I "got it" and did some demo's in my trading account with what I "thought" the strategy was, then I finally did the 15 day trial they offer and I realized how far off I really was.

Basically - they have a tool that you use and you fill in the following information:

$$ in brokerage account
Leverage
Lot size
Margin %
Currency pairs (you can choose from EUR/USD, GBP/USD and USD/CHF, USD/JPY)

Then you click on the "allocate" button and it tells you how many lots to buy in your selected currency pairs. It also tells you exactly how much you will make in interest daily and annually by carrying those pairs.

You go to your brokerage account and buy those lots.

Then you go back to the system and plug those numbers along with your purchase prices into your portfolio manager....it will give you prices or buy and sell limits to set - you go back and set those at your brokerage account....

That's it. Then you wait for your buy and sell limits to execute. When one executes, you go back and indicate that in your portfolio manager and the tool will give you new buy and sell limits to set. That's it.

You gain money on the swap and on the buy and sell limits that are executed. It completely takes the "emotion" out of trading - and assures you always buy low and sell high and minimize your risk by utilizing the correlation between the inverse pairs.

If your EUR/USD is going down, usually your USD/CHF is going up - and vice versa - so you are at less risk when there are swings. When a sell limit is hit, you just made profit....sometimes when a sell limit is hit, you are also hitting a buy limit with the inverse pair, when the market corrects, you are making a profit. The market moves in cycles...this system lets you ride out the swings, take advantage of the swap and scalp small profits.

Does that make a little more sense??

Let me know the questions you have.
Tara

[jimbo61]

How about you post a snapshot of your trading log so we can see if this is something we could really use.

[taramj22]

Unforunately - it is against company policy to post our results - however, I CAN send you a copy personally if you personally "request" it. I am more than willing to do that, as I am sure you will be quite "impressed" when you see the results for yourself. Email me at "fizzgizz@yahoo.com" with "FreedomRocks Brokerage results" as the statement....(gotta filter it from junk mail!!!)

They had us go through compliance training and such agreeing not to post results on forums, blogs, ect. because of some legal reasons.

Anyway - just shoot me an email - I will send it to you.

Tara

[taramj22]

Well...on Feb. 27th Stocks suffered their worst losses since the Sept. 11, 2001, terror attacks, prompted by a huge sell-off in China's stock market, higher oil prices and some disappointing economic news.

Here's what that meant for the forex....
According to Kathy Lein of the Dailyfx.com "The financial markets have taken a blood bath today with the Dow plunging over 400 points and the dollar hitting a 1 year low against the Japanese Yen. Risk appetite is plunging as investors bail out of nearly all assets. The moves have been very substantial and February 27, 2007 will either go down as a major historical turning point for the financial markets or an unparalleled buying opportunity."

That being said....GUESS how FreedomRocks Investors faired?

There was some volatility and fluctuation in all of my demo accounts....and overall they had some equity loss - but I never sustained any ACTUAL loss. Actually...I MADE money.

How can that be? Although the USD/CHF and the USD/JPY plummeted....the EUR/USD gained some ground today and consequently I had some "sell limits" hit....which means REAL profit in my account! I also had some buy limits that were hit in both my USD/JPY and USD/CHF so when those recover, I will be able to pocket some nice profits from that as well.

Although I pocketed some money due to the sell limits - overall my account value is down in unrealized profit/loss...but with the markets as they were today...is that any surprise? What shocked me or "impressed me" the most was the fact that despite the market volitility, my accounts were rather constant...those large losses in the USD/JPY and USD/CHF were atleast partially offset by the gains in EUR/USD; and due to the hedging, my account only saw minor losses rather than major losses.

Out of ALL the FreedomRocks investors - NOBODY had a margin call, except those investors that were not following the system appropriately and were margined way too high.

After going through the big crash we just went through - I am now MORE CONFIDENT than EVER in the FreedomRocks system!

[scorpion]

I'm moving this to Classified Ads, because there's no free system in this thread and you keep advertising for FreedomRocks.

[taramj22]

No problem....my apologies...just wanted to update everyone in light of the recent market crash, how the system faired.

[taramj22]

Just want to update everyone and let you all know I am trading with two LIVE accounts now. Started both of them the beginning of March and am profiting in both accounts (significantly). Feel free to email me if you'd like to see proof by viewing my brokerage account statements.

Tara