Instant Forex Profit System – Make Your Easy Forex Cash

Ultimate Guide

Instant Forex Profit System

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 Instant Forex Profit System – Make Your Easy Forex Cash

Index

Introduction

How to use the software? ....................................................................................... 4

Some backgrounds about the system & How to get the 6 numbers off the charts . 8

How to place trades? .............................................................................................. 14

Money Management & Advices .............................................................................. 19

Conclusion

Appendix

Disclaimer

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 Instant Forex Profit System – Make Your Easy Forex Cash

Introduction

First, let me congrats you on making a wise decision to get a copy of Instant Forex Profit
Software. This simple piece of software will make you pips over and over again, if you follow this
guide carefully. But don’t worry, everything will be simple, and it won’t take you much time to
master everything here. Even if you completely new to forex trading, I think it will only take you
1-2 days to absorb all the information.

I will try to make everything straightforward and simple, so you quickly go ahead to paper trade
or trade on demo account. Please remember, for this system or any other trading systems, you
must do a little bit paper trade first before you are confident (with the system) to trade on your
real account. That is very critical for forex traders.

Okay, let’s dive in now!

To your massive success,

Stephen Wilson

Creator of Instant Forex Profit System

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 Instant Forex Profit System – Make Your Easy Forex Cash

Chapter 1: How to use the software?

You can run this software anytime between Sunday and Monday to know exactly how to place
trades during the weeks. Let have a specific example (let’s call this example [1]), you can run
the software anytime from 12am, Sunday April 6th 2008 to 7am, Monday April 7th 2008 to know
exactly what to do during the trading week from 7th April to 11th April (Monday to Friday). The
reason why it is like that will be explained later.

On average, each week you only need to place 2- 4 trades, and you don’t need to monitor the
trades. But you need to close the orders before the end of the week. I suggest you close the
orders during the final 30 minutes of the market for the week.

Sit back and enjoy the result, while the software makes every decision for you. You just need to
follow it.

Okay, so next I will present how to run the software.

This Instant Profit software is a standalone software. That means you don’t need to install
anything else to make it run. You just double-click on the instantprofit.exe file and you will see
something like this:

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What you need to do next is very simple:

1. Choose the currency pair you want to trade. For example: EUR/USD

2. Enter the 6 numbers which are: Last week’s high, low, close price; and the week before
last week’s high, low and close price. (I will briefly explain how to do this in chapter 2, in
the case you don’t know how to get these numbers)

3. Hit the ‘Make Decision’ button.

Here is what I have after following the above steps:

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You see, Instant Profit Software has made every trading decision for you.

From the above figure, what I am going to do is:

1. Open two orders: one long order at 1.3522 and one short order at 1.3424 (at the same
time, they are pending order). Again, if you don’t know how to open orders, please refer
to chapter 3.

2. Set stop loss of 30 pips for the above 2 orders. Set target profit to around 85 pips. (Refer
to chapter 3 if you don’t know how)

That’s it. I will do the 2 steps above before 7am Monday every week. Or I can do it over the
weekend, let say on previous week‘s Sunday.

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So you only need to open 2 orders before the beginning of the week. And close all the orders
before the end of the trading week. So simple, that’s why I said the system only takes you only 5
minutes per week of your time.

The fact is, this system averages approximately 150 pips per week in the GBP/USD market
without any intervention. And it also is doing well for other pairs.

But if you want to protect your positions, to minimize any risk (due to bad news etc…) and
maximize return, you should follow the rest of the software’s suggestions, so this is the step 3
(there are 2 scenarios for step 3, you either implement A) or B) ):

3. A) If the above long order (at 1.3522) is executed first, then move the short order (at
1.3424 previously) to 1.3488

B) If the above short order (at 1.3424) is executed first, then move the long order to
1.3460

You can do this step 3 in the middle of the week (it is optional). Let say, you placed 2 orders on
Monday, and on Wednesday (or Tuesday, or Thursday), you login your account to check the
trades, and you could see the long order had been executed, so just change the existing short
order to a new one, as instructed.

That’s all it takes to use this software. Perhaps if you have experience with trading forex, even
in just 2-3 months, you won’t find it difficult to follow. You can go ahead to do a little paper trade
now.

But if you are completely new to forex, then go ahead and read the following chapters.

Recommended currency pairs:

Volatile pairs: GBP/USD , USD/CHF… And use weekly chart to collect 6 numbers.

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Chapter 2: Some backgrounds about the system &

How to get the 6 numbers off the charts

Let me explain how this software was created.

It was implemented based on my battle-tested strategies. My traditional trading style is a

combination of using price movement and hedging strategies. I always aim for the simplicity. But
for this software, I have added in some complicated methods (besides my traditional strategies),
which I prefer not to explain, simply because those methods are very complicated.

The reason why I suggest you should open trades on Sunday or Monday, is because one of the
hedging strategies I integrated in this software: the weekly trend will establish itself and stay
intact from the Monday or Tuesday of the trading session for that week. This is a very powerful
strategy that is used widely by many hedge funds. You can check what I mentioned by
observing the charts.

One example: A downtrend formed on Monday and Tuesday (15 Jan) continued during the
week 14Jan-18Jan.

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Okay, now let talk about how to get 6 numbers off the charts.

First, you need to have a charting software. You can use any charting software program you
like: E-signal, MetaStock, TradeStation, MetaTrader or anything else (your brokers’ charting
software). For me, I am using this free program called MetaTrader4. And I will show you
examples from this MetaTrader4 platform.

After downloading and installing MetaTrader4 (from this site http://www.metaquotes.net), you
can open a demo account. And after you finish everything, here is what you have:

You can see a lot of chart windows for different currency pairs. Let say you want to trade
EUR/USD. Then go ahead gathering data from a EUR/USD weekly chart. How to do that?

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Open EUR/USD chart: (Right Click – Choose Chart Window)

Change the timeframe to Weekly: (Right Click from the EUR/USD chart, choose Periodicity,
then Weekly)

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You can see the price bars are very small, so use the Zoom button to zoom the whole chart
until maximum (can’t zoom anymore):

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(use the zoom button)

Then roll your mouse over to the bar corresponding to last week. For example, I wanted to
open a trade for the trading week from Mon 3rd March to Fri 7th March , then I needed to find the
bar for the week from Sun 24th Feb to Fri 29th Feb (last week) (actually Sunday is not a trading
day)

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And here you are, you got the high, low, close price for last week. Now go ahead get the high,
low, close price for the week before last week (You just need to roll over your mouse to the bar
next to the last week bar). And enter the 6 numbers to the software.

The next chapter will teach you how to open/close trades.

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Chapter 3: How to place trades?

Now you already have the software make all the decisions for you. What you need to do now is
to open the trades.

Again, I will show you example how to open/close trades manually with MetaTrader.

How to open a trade?

To open a new order, you just simply Right Click on the chart and select trading from
the drop-down list. Then select New Order.

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Now you can see the Buy/Sell Order window in more detail:

As you can see, there are two types of orders: Instant Execution or Pending Order.
For this system, you will use Pending Order. ( we use hedging strategies here,
remember?)

So select Type: Pending Order. Enter the volume (lot) you want to trade. Then enter
stop loss and take profit. Then hit Sell button for Short Order, and Buy button for Long
Order.

For example, I want to trade a 0.1 lot at price 1.5883, and I want to use a stop loss of 30
pips and target profit of 80 pips. I will do as follows:

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Stop Loss = Price Limit – 30 pips = 1.5883 – 0.0030 = 1.5853

Take Profit = Price Limit + 80 pips = 1.5883 + 0.0080 = 1.5963

After you hit the Buy/Sell button, if your order is confirmed, a sound and a notice will
appear. Plus, on the chart, you can see a green line and a red line. The red line is
corresponding to your stop-loss price, and the green line is your open order price.

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 Instant Forex Profit System – Make Your Easy Forex Cash

A new open trade will appear in the Terminal

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How to end/close a trade?

To end an open trade, you can just right click at the corresponding trade appearing on
the Terminal section, then choose Close Order.

Sometime the trades can be closed automatically because they hit the profit targets. Sometime
you must close the trades yourself because the trades don’t hit the target yet.

But please remember close all the trades before the end of the week. Except when you are so
confident that market trend won’t change in next week, you can leave the trades there.

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 Instant Forex Profit System – Make Your Easy Forex Cash

Chapter 4: Money Management & Advices

Forex trading is all about having right entry/exit signal and good money management strategies.
You make money, but you also need to remember to protect your money. So here are some of
my personal advices for you (they are good for you in your trading career):

• Remember, never risk more than 1% of your account on any single trade. You may use
variable posing sizing with this system and vary your position size depending on your
stop loss such that you risk only 1% of your account.

• Before trading on real account, please do some paper trading or trading on demo
account first, until you are really confident with the system, then you can switch to trade
on your real account. Here are some points you can practice when you do paper trading:

o Plan on paper trading for 3-4 weeks.

o Trade the same size you would if you were trading with real money.

o Record all trades made carefully so you gather more experience

• Always use stop loss.

• Diversify your portfolios by trading different pairs of currency

• Adding money to winning trade not losing trade

• Start with one contract first, then slowly building up your portfolios by adding different
contracts, one at a time, so you can manage and keep track.

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Conclusion

So that’s it. Here come to the end of this guide. I hope you enjoy every bit of the software and
wish you all the best in the trading career ahead.

Sincerely,

Stephen Wilson & Team

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 Instant Forex Profit System – Make Your Easy Forex Cash

Appendix
Demo Trading Accounts

The following is the list of the brokers that we can recommend you to open a demo
account:

http://www.fxcm.com

http://oanda.com

http://www.forexyard.com/

http://fxsolutions.com

http://www.forextips.com/forex_broker.htm

http://www.easy-forex.com

Language Setting

If you‘ve ever encountered an error like this when using the software:

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 Instant Forex Profit System – Make Your Easy Forex Cash

You can see, the software is suggesting you to open an order @ 13205.86!??

Don’t worry, it is not software bug. It is just simply because your operating system (Window,
Mac, Linux) is using your country’s language setting which is a little bit different, that means
your computer is reading:

123.456.789,00 as ‘one hundred and twenty three million …’

Meanwhile, our software uses English number format which reads:

123,456,789.00 as ‘one hundred and twenty three million …’

Therefore you need to change the number format in your computer to English style to use this
software Instant Profit properly. How to do that? Very simple:

1. Go to Control Panel:

2. Click on Regional and Language Options icon:

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3. Change to English format:

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Disclaimer
We do not guarantee that any system, including ours, will make everyone rich as there are
many factors in trading beyond our control. The methods we have included in this book work for
us but the reader might use the information at their own risks.

The contents of this ebook are for education purposes only (contents also mean the website
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The information provided on this ebook is not intended for distribution to, or use by any person
or entity in any jurisdiction or country where such distribution or use would be contrary to law or
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We reserve the right to change these terms and conditions without notice.

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