Method explained here http://andylank.com/cash-flow/ Usd using a simple breakout strategy

1. USD Using A
Simple Breakout
Strategy

2. When you're getting started in
Forex, there's so much to learn
about trading Forex it can be
overwhelming. These days, the
popular wisdom is that the only
way to succeed in Forex is to teach
yourself how to trade. Given that
there's such a high failure rate
among traders learning to trade
Forex, is this really a viable option?
My Best Forex System on page 4

3. You see, most people that get into
forex trading do so, because they
love the idea of being your own
boss, working from home, making
tons of money, irregardless of the
economy. Who wouldn't like these
things? After all that's why I
decided to to trade forex. But the
problem is (I learned this the hard
way) that most don't want to take
the time to truly learn the forex
market. There are lots of these
review sites around - they are
owned and populated by forex
traders.
My Best Forex System on page 4

4. Just think about this. What is the
first thing a newbie trader does
when they first start to learn to
trade? They go on forex forums and
read about using lagging indicators
to trade. They instantly cover their
charts with these indicators, and
off they go. What kind of forex
trading education is that? And, just
like that, they are part of the 95%.
Currency movements are measured
in pips” or fractions of a decimal
point depending on the currency
involved.
Best Forex System Explained
http://andylank.com/cash-flow/

5. Forex trading is a high-risk, high-reward
pastime. Fortunes are
made and lost every time a
currency changes value. The small
investor is at a disadvantage
compared to the major institutional
banks for two major reasons: wider
spreads and under-capitalisation.
The consensus amongst the
professional traders is that
somewhere between 80 and 95% of
day traders lose money and even
the majors get in to trouble on
occasion. In 2002, Allied Irish
Banks revealed that it lost US$750
million at its Baltimore subsidiary
on spot and forward forex trades
made by forex trader John Rusnak
and in 2003, the National Australia
Bank admitted to losses of US$1.13
billion as a result of unauthorised
forex trades, although it seems any
time a bank loses money, it's a
result of "unauthorised," activity.
Best Forex System Explained
http://andylank.com/cash-flow/

6. Hundreds - There are as many
strategies as there are people
selling you forex trading LOL and
none of them will work for the
small trader using high leverage -
If you are considering this, I
suggest no leverage, and look to
the long term strategies. At last.
An 'Honest John' guide to forex
trading. And, as you say, even the
big guys get complacent or unlucky
- the Vatican, Barings,... Superb
hub. I did visit the site, but I really
didn't spend enough time to give
you a valued judgment.
Best Forex System Explained
http://andylank.com/cash-flow/