Forex Spread Trade
Hye there, how you all ever heard about spread trading in forex? Yeah, forex spread trading is one of forex daily trading method which can earn 25 to 40 pips for each spread position without using stop loss or limiting order. This method can be implemented between two high correlated currency pair simultaneously. Do you want to know about this method that all folks out there said that this method can be your money machine?
Now forex trader!!Get..Set..Go..
Now, what you have to do is open 2 different forex account (its up to you either you want to use demo forex or real forex account). Now, remove all forex pair symbol except GBP/USD and EUR/USD because we will concentrate on only this two type of pairs. The reason is this two type of forex pair is more correlate than other pairs of currency. You can also try other forex pairs that you like but I don’t want. 
Then, go to your first account let call it account 1 and enter BUY on GBP/USD and SELL on EUR/USD at the same time. I repeat at the same time okay!! And in account 2 you should do the inverse of the account 1, i.e SELL on GBP/USD and BUY on EUR/USD. Again…at the same time to create another spread. Now, you are taking opposite position and do all possibility on each account. The key is to create one position to go negative and other position positive depends on prices movement in forex trading. But, when we are gonna to close this position? Hurm..close the position when ever you see the profit come from positive spread and leave the negative spread alone. Relax..the negative spread is just a temporary paper loss and we should wait until the spread become positive to close the position. By the way, once you have close the positive profit spread, don’t forget to reopen the spread just as it was before.
Until now, have you see the beauty of this forex spread trading? There are no, never ever use neither stop loss nor limit order. Plus there are not really care about forex price movement. Just enter the market like crazy. Hurm..what do you think about this forex trading method? Costly huh!!!
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Comments
I just post this technique and sure I do not have any proof by using this method because now I am testing my own forex technique..By the way, I will test this method later and post the result for you..
OK this technique seems good to me.
But please can you explain 2 things:
1 based in Europe how can i manage the accounts?
Can i open the positions at 9 GMT and check on the evening
or am i obliged to be glued on the pc all day?
2 to be sure i have well understand the system:
when there is a plus on 1 account i close the 2 pairs of this account and reopen?
Thanks
OK - I followed this on paper - Do not walk - RUN away from this. You will never actually win with this. you’ll close profitable trades, but at the same time have positions that are always at a loss. The roll will eat you up too.
It may not work , as other accout will be negetive , you do not 2 account , you can do it in one account only .
What i do if i buy USD and sell JYN , it drops , i buy more , if it still drops , i buy more , during short gain , i sell when some position is plus .
that way i recover some losses
any comments
I’m new to this idea but there are several things that come to mind.How is it possible to open two trades simultaneously when each trade has to be verified first? If the system works continuously what is the trading time used? Isn’t it neccessary to chose the trading time before ordering? If ’stops’ or ‘limits’ are never used where does rollover come into play? as when profits are taken a new order is made which must be carried over if the account is never closed? I’d really like to do this as it seems so simple, but reading into it(which I’m advised not to do!) there are too many things left to chance which a beginner must understand first!
Do you have any proof that this method actually works? No way. One account will turn a profit - you’ll close and IMMEDIATELY reopen it. You now have opened a new position at a new extreme in the market price. After a few months you will have opened and closed and reopened positions in both accounts. Your open position in both accounts will be at the EXTREMES. You’ll new be able to cash out a profit.