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Alpha-FX Program
General description of strategy

This system is designed to trade the extreme reversal moves in the spot Euro currency market. This system looks for signals during all trading sessions, meaning a 24-hour period from a 5:05 P.M. (EST) open to a 5 P.M. (EST) close. Once a set-up is identified and a position is entered a pre-set profit target objective is entered. There is always an emergency stop in place while a position is open. The Alpha-FX Program executes trades directly to the market so this keeps slippage to a minimum. Automated systems take away the destructive emotional human element in the decision making process and relies on extreme market moves which are normally driven by that same emotional element that this system is looking to create trade opportunities from.

 

  1. Momentum indicator with special coefficients is used to open trade position.

  2. Predefined support and resistance levels are needed to trigger entries

  3. Predefined percentage in points (PIPS) is used to exit the trade based on historical volatility rankings and Average True Range settings.

  4. Predefined percentage in points (PIPS) is used to minimize risks as well as to close out a position as described above.

The chart below shows an example of a trade signal in the Euro-Currency based on a 15 minute time frame. A sell signal is generated as indicated by the orange triangle and the buy order to exit is generated by the green triangle once the desired objective is met.

The Alpha-FX Program is for investors who wish to defer their Forex trading decisions to an automated or mechanical FOREX trading system due to lack of trading experience, smaller risk tolerance and start up investment risk capital.

An automated system may also be the right choice for investors who may have had less-than-stellar past trading results because they have not effectively selected their trades, have had difficulty deciding when to enter and exit trades, or have been prone to giving in to the momentary apprehensions of a fast-changing FOREX market.

The Alpha-FX Program offers a means of extending the type of FOREX trading one would normally be doing, if they were able to follow the markets as a full-time pursuit. At times, many traders miss signals and as a result opportunities are lost because traders are too busy to follow the markets as they'd prefer, but would like to select an automated trading system based on their ideal trade activity level and account capital. Please be advised that No “safe” trading system has ever been devised, and no one can guarantee profits or freedom from loss.  This system looks for the right mix of criteria's for extreme overbought and oversold conditions to enter high probable trades and therefore does not trade every day. In fact, this system may have a total of 8 to 10 trades per month. It does not increase lot size or double down on losing trades, and will be optimized regularly to meet up with current levels of volatility.

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Market Traded : Eurocurrency

System Type: One session up to three 24 hour sessions.

Initial Risk: $1,000.00 maximum per trade.

Transmission: Exclusive through FX Triggers & FXCM

Suggested Investment : Minimum starting is $6,000 per 100,000 lot size

Developer: John Person.

HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.

 

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past performance results are not necessarily indicative of future results

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