or currency trading advice. Currency trading and fx trading is highly speculative and should only be done with risk capital. Foreign Exchange prices rise and fall and past performance from currency trades is no assurance of future performance. This online forex trading website is a currency trading information website only. Accordingly, we make no warranties or guarantees with respect to the correctness or validity of its content. Forex traders making use of the online currency trading information presented do so at their own risk. The information provided herein does not take into account their forex investing objectives, financial situation or needs of any particular person. This site is not intended to by used as the only source of currency trading information or forex education. It is important and assumed that traders use sound trading principles when using the online forex trading information on this currency trading site. This includes trading common sense, sound money and risk management and full personal ownership of any trading decisions. Investors should obtain individual financial advice based on their own particular circumstances before making any foreign currency investment decision. |
| Questions and Answers about the Flexi-Grid System |
Q. SUPERVISION REQUIRED: Does the subscriber have to be in front of the computer monitoring this hedge system during best market hours like the London market? I'm on the east coast and I can't sit up all night |
A. SUPERVISION REQUIRED: The Grid system requires very little supervision as entry orders are preloaded into a grid which could cover weeks or months ahead. The system therefore requires low supervision once or twice a day to see how things are going. We try to trade 300 to 500 pips ahead of the market – this means you only have to take action once the price has moved between 250 and 450 pips. It is a slow and steady method. |
Q. JOINING A GROUP: If I were to join your 14 day trial, would I be able to start my own grid system right away? |
A. JOINING A GROUP: Give yourself a week or so to learn the system and study the history. We suggest that you demo trade for the 1st 2 weeks or more. |
that system to trade the Grid system? |
A. SYSTEM REQUIREMENTS: Any broker dealing station that allows a buy and a sell transaction in the same currency to be open at the same time is required. MetaTrader is good as it allow a buy and sell in the same currency at the same time. The grid system does not use charts or indicators and can be traded from the dealing station only. It is nice to visually see what is going on using charts but these are not essential. |
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the course) and there is a monthly and quarterly subscription service. The prices vary from time to time but are clearly stated at the time you join. |
Q. ALERT SERVICE: Is the Expert4x Grid system Daily alert service an alert or signal service used by traders to enter the deals on their respective platforms? |
A. ALERT SERVICE: Yes. When one trades the Grid system entry orders are preloaded into a pre-established grid. The Alert service provides the grid structure and strategy used to load the entry orders. There is also an Expert Advisor available for you to run your own Grid System. |
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A. DRAW DOWNS: YES, if you don’t know what you are doing you can wipe your account out very quickly. Grid size, Currency selection and trending market strategies are critical success factors. This is not a cowboy method it is a long term investment approach. It has taken years and many wipe outs to get the balance right between profitability and risk. You can benefit for this experience. Don't think because you understand grid trading concepts you can make money. |
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A. CAPITAL REQUIREMENTS: You need money for 2 things when trading the Grid system. This money comes for the initial money you start with in your account and any retained gains you leave in your account.
As a highly conservative guide we recommend $ 5000 for every 1 lot to be traded in a mini account. $ 50 000 for a main account. $500 in a micro account. In retrospect the GBP group could have started with only $300 in a 200:1 mini account. The GBPJPY would have required $ 2 500 in a mini account. |
| If you have any questions or need information not covered by the above ones please contact info@expert4x.com with your question. |
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A EXPERT ADVISOR Yes we have 2: One for trading your own Grid System and one for trading the Daily alerts. These are FREE to subscribers in their 2nd month of subscription and quarterly subscribers. |
the best Forex system around. |
A BEST FOREX SYSTEM: We regard the best system as one that meets all the particular traders Personal requirements. So only a trader can decide whether a system is best for the trader. Some people like fast systems for scalping, other slow swing trading systems where transactions last days, other only trade the US market, other only like alerts at a particular time etc, etc. Although profitable the Grid system does not meet many peoples trading needs. The system is slow often only generating 150 trades a year. People find this too slow. The Grid system is more of an investment type system for 1 to 3 year investing. People are in a hurry and want to see result straight away. Trends scare some traders away - there are many ways to manage trends in our course - one is to take your loss and move on. We make so much money before a trend and after the trend that a loss during the trend is not serious to us. If you look at the current GBPJPY history (only available to subscribers) you will see that we had to take loses many times and moved on - these loses were very quickly recovered. Many traders can't make the paradigm shift between daily Forex trading using charts and indicators to a 1 to 2 year view using no charts or indicators. So we advise you to look at the system, learn it's principles and only if you personally like this investment approach use it. If not, the search for the Holy Grail can be a never ending one. |
Q. TRENDING MARKETS: As with all grid systems trends develops what action plans are in place to manage losses? In your videos you mention some activities. |
A. If you are not experienced in managing trends the grid system will wipe your account out!!!! Currency selection, grid sizing before and during trading, lot sizing, trading common sense, sometimes cashing in at a loss and maturity are critical to the success of the grid system. The Expert4x grid system is a trend following system too as we cash in the minute the system is profitable and start over. Our new start is in the direction of the trend and we therefore we tend to move with the trend. We are also not scared to cash in at loss, as the profits made in the movements before and after a trend always outweigh any temporary setback.
various groups and how trends are managed. There are 100's of Grid strategies so there is not one mechanical way of trading this system only. |
www.forextradersupportservices.com is one of our group websites. www.forextradersupportservices.com provides forex trading services. Please visit www.forextradersupportservices.com for Automatic Trading services. www.forextradersupportservices.com also provides a profitable grid trading system. www.forextradersupportservices.com has a page ranking on 2. To reach www.forextradersupportservices.com please click this link. |
| €xp€rt4x Recommendations that change your life |
| The €xp€rt4x GRID Trading Forex trading Forex System |
Q. BROKER REQUIREMENTS Can you please recommend a Broker that I can use to trade the No Stop Flexi-Grid system |
Broker. You need to have a broker that allows Buy and Sell transactions in the same currency at the same time. Some don't but allow you to have 2 accounts - a buy account and a sell account. You broker should have reasonable stable spreads because we are looking for simultaneous transactions. FXCM for instance has spreads that vary minute by minute. That could increase the risk of the Buy and Sell transactions not occuring at the same time or only one happening and not the other. This has not however ever happened in practice.
Metatrader for a list of brokers |