The Easy Forex Breakout Trend Trading Simple System

Basic Manual Version

By
Cynthia Macy

Introduction

Welcome and thank you for purchasing Cynthia’s Easy Forex Breakout Trend Trading
Simple System. This manual trading system is made of the global advancements in
Forex trading and will be very profitable for you. This trading method will revolutionize
how you trade, forever. The Breakout Trend Trading Simple System is color coded
trading and is the easiest and least stressful trading you will ever do. Now trading can
be fun, as it should be!

DISCLAIMER & USER AGREEMENT

Please be aware of the potential loss, risk, personal or otherwise consequences of the use and application of
this e-book’s content. The author and the publisher and any affiliates or associates are not responsible for any
actions that you undertake and will not be held accountable for any loss or injuries, from trading or otherwise.

U.S. Government Required Disclaimer – Commodity Futures Trading Commission Futures and Options trading
has large potential rewards, but also large potential risks.

You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets.

Don’t trade with money you can’t afford to lose.

This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account
will or is likely to achieve profits or losses similar to those discussed in this e-book. The past performance of any trading
software or methodology is not necessarily indicative of future results.

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CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED
PERFORMANCE RESULTS HAVE CERTAIN
LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE
RECORD, SIMULATED RESULTS DO NOT REPRESENT
ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE
NOT BEEN EXECUTED, THE RESULTS MAY HAVE
UNDER-OR-OVER COMPENSATED FOR THE IMPACT,
IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS
LACK OF LIQUIDITY. SIMULATED TRADING
PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE
FACT THAT THEY ARE DESIGNED WITH THE
BENEFIT OF HINDSIGHT. NO REPRESENTATION IS
BEING MADE THAT ANY ACCOUNT WILL OR IS
LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO
THOSE SHOWN.

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.

Hypothetical trading does not involve financial risk, and

no hypothetical trading record can completely account for
the impact of financial risk in actual trading.

All information on the author’s website or any e-book purchased

from the author’s website is for educational purposes only and is
not intended to provide financial advise. Any statements about
profits or income, expressed or implied, does not represent a
guarantee. Your actual trading may result in losses as no trading
method or strategy is guaranteed. You accept full responsibilities
for your actions, trades, profit or loss, and agree to hold Day Trade
Forex, LLC and any authorized distributors or affiliates or associates
of this information harmless in any and all ways. The purchase of this
e-book and use of the trading method constitutes acceptance of this
user agreement.

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COPYRIGHT

This product is the copyright of Day Trade Forex, LLC and cannot be re-written
re-published, STORED OR LINKED, SHARED OR SOLD AT ANY FILE SHARING
SITES or FORUMS or AUCTIONS or used for any other books without proper
referencing without permission.

I have the authority to have Ebay close your account if you are caught selling this
ebook on Ebay....and I do monitor Ebay for copyright infringements and fraudulent sales.

The use of this e-book is limited to your personal use. Spreading out the e-book or copies
to someone without them paying for it is illegal and protected by international copyright law.

In short: Please respect the time and effort I have given to creating this trading system
and don't share or sell it illegally. Turn your friends onto it but please let them pay me for
it. Also, you can sell it if you join my affiliate program. You can sign up for it here:

http://daytradeforex.com/PP-Breakout-Simple-System/affiliates.php

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IMPORTANT: In order to achieve good results you must read AND FOLLOW THE MAJOR
RULES BELOW!

1. Recommended Time Frames: any

2. Recommended pairs: strong volatile trending pairs. EX: I trade the NzdUsd, AudUsd,
EurUsd, GbpUsd, EurJpy, GbpJpy, AudJpy and UsdCad and AudCad during the London/NY
sessions, and the EurAud, AudJpy, EurJpy, NzdJpy, ChfJpy and GbpJpy during the Asian
session.

3. It is highly recommended to monitor economic news events at Forex Factory:

http://www.forexfactory.com/calendar.php

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Set up your filters for your timezone and to show only the orange and red news events.
Leave this webpage open and refresh daily and plan your trading day in advance, either to
trade the major news events or to avoid them 30 min before and after.

I look every Sunday to plan my trading week. Any orange or red economic news
events in my timezone can be traded in a 4 chart setup of 1 minute, 5 minute, 15 min
and the Daily charts. Trade ONLY in the direction of the Daily chart and use the 1 min
chart to get the perfect entry. Monitor the trade in the 5 min chart. And use a Trade
Manager!

4. Trade according to color. Color trading is soothing for the brain and makes decisions
easy, all it takes is a glance and you'll know what to do. This is stress-free trading!

5. All colored signals need to be the same before you enter a new position. Do not enter a
trade until the iTrend indicator crosses (in the lower window).

➔ Aggressive trades can be entered when the iTrend volatility line crosses between
the 50-60 rsi line and for the Trend Slope to be the same color as the
Signal_Entry_Stop. (best for higher timeframes)

➔ Conservative trades should wait for the iTrend volatility line to cross up through
the 60 rsi line and for the Trend Slope to be the same color as the
Signal_Entry_Stop. (best for lower timeframes)

➔ Several training videos will show you examples of conservative & aggressive
entries

6. Use sensible money management. My most recommended money management

system is taught by the MAX team, please visit their site and sign up for a FREE
introductory webinar:

http://www.cynthia-recommends.info/The_MAX_Trading_System.htm

More about the MAX trading and money management system is at the end of this e-book.

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7. I have two FREE wonderful money management methods for straight trades that will
automatically calculate and apply the correct lot size to each manual trade....makes your
trading safer and more profitable:
A. http://www.daytradeforex.com/Breakout-Simple-System/LotSize-
MoneyManagement/20PipMM.pdf

B. http://www.daytradeforex.com/Breakout-Simple-System/LotSize-
MoneyManagement/40PipMM.pdf

Download them and save them on your desktop and keep one open for trading with. If you're
a beginner trader, your goal should be for 20 pips/day. Remember, though, that if you have
some losing trades, reduce your lot size so as to relieve the psychological pressure.

8. As with any trend trading system, you are looking for breakouts and trying to avoid
consolidation periods of low volatility. To find the high volatility entries, we use the iTrend in
combination with a special RSI volatility breakout box that I devised. Most of the training
videos and screenshots in the PDF show how to use the iTrend in combination with the
special RSI box in the lower window.

Of course not every trade will be profitable, there is no holy grail in Forex. Losing trades will
be closed by your trailing stop loss automatically but by the end of the month a good profit is
sure to be yours.

IMPORTANT NOTE:

YOUR DOWNLOAD LINK & INSTRUCTIONS START ON PAGE 10, AFTER THE BROKER AND
INSTALLATION SETUP

BROKER SETUP

If you do not have MetaTrader 4 installed, you need to download it from a Forex broker web site. We
recommend using only well known, reputable brokers such as: Think Forex, ILQ, GoMarkets,
FXDD, FXPRO, Forex4You, MB Trading, Alpari, FinFX, FXOpen, HotForex, Pepperstone or Tallinex.

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Here are my recommended brokers and download links to open a demo or live account.

My preference is for offshore ECN brokers because we can hedge and open and close trades as we
choose to and we can get the leverage we desire. My favorites are ThinkForex, Forex4You,
HotForex, Pepperstone, Tallinex and FinFX, all offshore ECN brokers. I use ILQ (a U.S. broker) for
my IRA retirement account.

CYNTHIA'S RECOMMENDED BROKERS FOR U.S. TRADERS:

The only two offshore brokers that currently accept U.S. traders are FinFX in Finland and
Tallinex in Sweden. Integral is their liquidity provider. Both brokers have a very good
reputation and trader's funds are safe and segregated in major conservative banks.

1. FinFX is an un-registered Finnish broker that specializes in a great liquidity feed for both their regular
accounts and their ECN platform with very small spreads, very quick execution, no re-quotes and a small
commission of only $7 per $100,000 round turn traded on the ECN platform. ECN, standard, and micro
accounts available. Trading is a delight on their MT4 platform, no re-quotes and very fast trade execution.
Scalping can be done without prejudice. An ECN account can be opened with only $1,000, and regular
accounts start with $150 up to $650 for deposits.

2. Tallinex is an un-registered Swedish ECN broker that accepts $100 for a ECN Micro account and
$2,000 for an ECN PRO account, with a ECN commission of $6 per $100,000 round turn. Trader's funds are
segregated in the largest and most conservative Swedish bank. They have managed accounts available for
traders wanting to hook-up with auto-trading services of their choice.

Tallinex is quite different from normal retail brokers. They were set up specifically for money
managers with high net worth clients depositing anything from $100k-$3m each. However, after
developing advanced back-end automation systems, they realized that they could offer the same
trading environment and facilities to traders looking to deposit as little as $100.

Specific to U.S. offshore accounts:

The U.S. authorities are not able to prevent U.S. clients opening offshore trading accounts – it is a
basic civil liberty, but they do try to dissuade people from doing so with scare tactics i.e. suggesting
that their funds will not have the same level of protection that they would enjoy if they used a
U.S. broker.

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However, if you exclude the Cyprus fiasco then the biggest broker scams in history have all involved
U.S. brokerages ( Refco, PFG Best, MF Global, etc.) who have knowingly stolen / lost / embezzled
many hundreds of millions of dollars in clients’ funds and done so right under the noses of the NFA &
CFTC with no reparation made to the clients affected!

Large U.S. companies (who have taken legal counsel to be certain) are promoting the Tallinex
services to their U.S. and Non-U.S. Clients.

The regulations passed by the NFA/CFTC which require repatriation of U.S. traders’ accounts and
the enforcing of 1:50/1:20 leverage, FIFO and restrictions on hedging, are reliant upon a broker
having some physical presence i.e. an office, or material association with the U.S. i.e. a U.S.
parent or associated company. Since neither Tallinex nor FinFX have no commercial or associate
ties to the U.S. (not even server hosting), these regulations simply do not apply.

CYNTHIA'S RECOMMENDED BROKERS FOR NON-US TRADERS:

1. Pepperstone - a registered ECN Australian broker (Not taking US traders).

$200 for a STP acct. Clients funds held segregated at AA rated banks in trust accounts.
400:1 leverage, top tier liquidity provided by 22 major banks, 7 online trading platforms
to choose from, raw ECN spreads from 0.1 pips, trade gold or silver.

2. No need for a huge minimum deposit! Start with as little as $100 for a cents account with
Forex4You. A cents account is great for demo testing a new robot or manual trading system,
since you are trading with only pennies, your risk is very low. A Forex4You cents account is the
same as trading nano lots at IBFX (which I highly recommend you NOT use!) (I also DO NOT like
FXCM which uses Boston Technologies for their liquidity feed bridge...there are many trade
execution problems.)

3. Trade with FXPRO if you are a non-U.S. citizen and want to trade oil, gold or silver or stocks.
Fund and withdraw via PayPal.

4. ThinkForex - an ECN offshore broker that is regulated in Australia and uses Integral as their
liquidity provider. Leverage up to 200:1 and hedging allowed...and no FIFO nonsense! Open with
only $500 and get a $50 bonus (withdrawal condition: trade 5 standard lots in order to withdraw
the bonus).

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5. HotForex is an ECN with Integral as their liquidity provider. The types of accounts available
are micros, Premium, VIP, Islamic and ECN. Deposits start at only $5 for a micro acct and for the
ECN it is only $500. It is designed for scalpers. There is a commission of $5 per 100,000 traded but
the bid/ask is tighter to favor scalping strategies. This broker is regulated by the FSC and you can
fund in various ways including credit cards. Live account opening is fast and easy.

6. ILQ - a CFTC/NFA registered/regulated U.S. Broker with great execution and data feed for
scalping robots! FIFO, no hedging and leverage is 1:50.

7. M2 Forex - a new regulated US broker with institutional price feeds from ILQ and even
better spreads! http://www.m2forex.com/offer-2/

To go thru my favorite IB, BackBayFX, please visit their webpage and opt-in to see
details about ILQ and the other U.S. and Non-U.S. Brokers that they represent:
http://bbfx.com/day-trading-forex-brokers

*Please note any BBFX offers through any “Cynthia–Recommends” services are exclusively for NON
US customers due to NFA rule 2-36. Sorry for any inconvenience.*

(when it comes time to open a live account, please use my blue links above)

WHAT IS AN ECN?

ECN stands for Electronic Communication Network, and ECN brokers are true brokers that connect
you with the banks. During the news, they will usually not give you fills before the spike, but within a
few seconds of the spike, their spreads will become normal, and you will be able to open and close
trades with normal spreads.

STP stands for Straight Through Processing, which means they have direct liquidity with the banks
and are not a dealing desk. Dealing desks trade against you and want you to lose so they can win.

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ECN/STP is the next step in Forex trading bringing the Forex market closer to the stock market model
and is the route all brokers will take one day. Trading volume is what they are after, they make their
money on your trade volume, so there is no need for them to cheat you via re-quoting or stop loss
treachery … entry and exit is a breeze! They love scalpers and scalping robots because of the
trading volume.

BENEFITS OF USING AN ECN PLATFORM:

1. no anti-scalping, no stop-loss hunting, very low spreads;

2. trade in a true non-deal desk environment;

3. no re-quotes;

4. get the most competitive spreads & 5 digit precision pricing;

5. you can scalp or trade news without restrictions;

6. EAs allowed and with no prejudice;

7. pending orders can be placed inside the spread;
8. your pending orders, stops & profit targets are not visible to
brokers, banks or any other market players until filled.

Once you have chosen your Forex broker, download a demo MetaTrader 4 trading platform for free.

After you download MetaTrader 4, install it on your computer. This is a standard and simple
operation.

If you are new to MetaTrader 4, here are some training videos provided by Compass FX:

http://www.compassfx.com/virtualtour/metatrader_tour.htm

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INSTALLATION SETUP INSTRUCTIONS

The Easy Forex Breakout Simple System requires the MetaTrader 4 trading platform to function.

If you already used the one click auto-installer immediately after purchasing, your trading system is
already installed on your MT4 trading platforms with all the files in the correct folders, and you have
saved this PDF guide to your desktop.

In your Welcome email, you were given two one click auto installers to choose from, depending upon
the MT4 Build you are using.

The MT4 Build 509 or earlier is using the old file structure and you'll need to use the appropriate one
click installer link in your Thank You email.

The MT4 Build 600 or older is using the new file structure and you'll need to use the appropriate one
click installer link in your Thank You email.

NOTE: If you see a blank screen after applying a template to a chart, it means that you used the
wrong auto installer and you need to go find your Thank You email and choose the correct auto
installer for the Build you are using.

All your indicators will now be in Custom Indicators and your templates will be under the Charts tab
---> Templates.

Setting Up Your Charts and Creating a Profile

1. Pick out 3-4 major trending pairs to trade (or only 2-3 pairs if your screen isn’t very wide)

2. Make a Profile that has the 4 hr charts at the top going across and then a 1 hr chart under
those going across and then a 15 min chart under the 1 hr charts going across...OR....set up
your Profile by putting the 4 hr charts on the left, the 1 hr chart in the middle and the 15 min
chart to the right....or order them any way that suits you.

3. Attach the “Cynthia_basic_simple_system” template to each chart (select your chart by

clicking on it, then go to Charts, Template, Load Template and select the template....repeat for
each chart). Next, save your chart setup as a Profile by going to File, Profiles, Save As, and
name it “Cynthia_basic_simple_system”.

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IMPORTANT TIP: DO NOT USE SPECIAL CHARACTERS WHEN SAVING YOUR PROFILE NAMES....EXAMPLE:
DO NOT USE ANY OF THESE CHARACTERS: “ / _ ( ) + = , ETC. IF YOU USE SPECIAL CHARACTERS YOUR
PROFILES WON'T WORK WHEN YOU TRY TO BRING THEM UP. YOU CAN USE THE – (DASH).

4. To access a certain profile, go to the top of your trading platform, and next to the New
Chart icon, there is an icon that says Profiles when you run your cursor over it. Click to open
and select your desired profile. It will overwrite all other charts in your platform and it will
say at the bottom of your platform the name of the profile that you are now using.

You can also change the profile you are watching by clicking the name of the profile at the
bottom of your platform and selecting from the list a different profile....the profile will then
change.

5. Create “Session” Profiles. Choose the best pairs to trade the London, New York and
Asian sessions. Make a Profile for that session and Save As and name it. Trade each
session from that Profile.

Here is what your Profile setup will look like:

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In the screenshot above, the top row going across are the EurUsd 4 hr chart, the GbpUsd 4 hr chart
and the EurJpy 4 hr chart. The 2nd row are the same pairs but 1 hr charts. The 3rd row are the same
pairs but 15 min charts.

The currency pairs can be anything you like to trade. You can set up your charts with any time
frames you like. For instance, instead of the 4 hr charts at the top, start with 1 hr charts, and below
change the time frame to 15 min and below that to 5 min. For scalping, I use a 15 min, 5 min and 1
min chart setup. For news trading, I use the scalping setup but add the Daily chart and trade only in
the direction of the Daily chart 15 minutes before the news event.

Now when you are looking at a currency pair to trade, you first look at the top 4 hr chart to determine
the major trend..then look at the 1 hr chart underneath to see the medium trend, and then look
at the 15 min chart to see the faster trend.

I use a faster chart for better entries into a slower chart. EX: use a 15 min chart for better entries
and exits according to the trend in a 1 hr or 4 hr chart. Or use a 5 -15 min chart for a better entry/exit
while trading in a 1 hr chart. And use a 5 min chart for better entries/exits while trading in a 15 min
chart. ALWAYS TRADE IN THE DIRECTION OF THE HIGHER TIME FRAME.

At the far right is a dotted white vertical line that follows the price….you can always quickly at a
glance see where the price is at. This vertical line is simply to help train your eye to look up and
down the chart at all the indicators.

I never trade just in one time frame by itself, as you need to look at the higher time frames to
see the major trend directions and you need the lower time frames to get the best entry.

For news trading, I use a 1 min, 5 min and 15 min chart and I trade only in the direction of the Daily
chart. ….other than that, there’s too much noise in a 5 min chart and the whipsaw is too great so I
personally never trade just in a 5 min chart.

I use the lowest time frame to get the best entry, then I close that chart so I don't feel tempted
to close a trade out too early...I watch the middle time frame for my exit, and I trade only in
the direction of the highest time frame.

Here's a video of how to quickly and easily change the charts in your profile if you want to
look at different pairs:

http://www.youtube.com/watch?v=zGMYS7E7gu8

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How to trade out of your basic profile setup:

http://www.youtube.com/watch?v=1UrJdhETC_Q

How To Use The Charts

I’ll go thru each indicator and explain how to use it. Here's a 5 min video of the AudUsd 15 min chart
walking you through the indicators and the sell and exit alerts.

Click the link below and expand to full screen:

http://www.youtube.com/watch?v=ozJLzHt8cfs

Indicators Used in the Main Window

The Congestion Breakout Box

This is a consolidation box where the price action is contained. When the price is in a very
narrow box, the volatility is very low. When the price bar breaks out of the box, the box expands
and that is a strong move that you can possibly trade with. You can't trade just with the congestion
because you need more confirmation. The upper and lower lines are resistance and support.

Waiting for the candle bar to break the resistance or support lines is a very conservative way of
trading, which works best in the faster timeframes, but if used in the slower timeframes like
1 hour to Daily, you will lose too much of the move, your entry will be too late.

Initial stop losses can be placed on the support or resistance lines.

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Below is a screenshot of just the price bars and the consolidation box.

One of the ways to use the Congestion Breakout Box is to trade when a long candle body has
broken below the support box or above the resistance box. This is called a “conservative” entry and
is best used on faster timeframes. If you use the “conservative” entry on a slower higher timeframe,
you miss too much of the good move.

The screenshot above shows you a downtrend and where you would have entered multiple times
using the “conservative” entry....the first time after a consolidation period and the next two short
trades after a pullback. The short trade entries are highlighted by the white circle.

Examples of conservative and aggressive entries with the GbpUsd:

http://www.youtube.com/watch?v=lieQpTRsfI8

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This screenshot shows the next indicator added, which is the Cynthia's_Signal_Entry_Stop. It is a
trade alert as well as your trailing stop signal. You can use it for an aggressive entry as a stand-
alone alert but for the better trades we confirm with a few more indicators. Just trail your stop along
the smaller hot pink or aqua dots. Exit your trades when the dot color changes.

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In the next screenshot, I'm adding the Trend Slope indicator, which is a major slope line showing the
major trend. I have the slope setting at 27 for every time frame. To keep you in a trend longer, you
can set your slope to 50. Your best trades will be taken when the slope is the same color as your
other indicators. I do not trade against the Trend Slope indicator.

The Trend Slope in the chart above is set at 50 to keep you in the trade longer. You can still
trade the retracements using the Signal Entry Stop indicator.

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The next screenshot shows the next indicator added to the main window.

It is called the Cynthia's_Signal_Hot_Dots and it is a confirming green or red dot that appears when
the current trend has ended and is an Exit signal. It does sometimes re-paint on the previous bar,
so when you see it appear in either color, it's a signal that the current trend is ending and to be
alerted to prepare to exit your trade. NOTE: in some videos, I have changed the green dot to
blue.

When it appears at the same time as the Signal_Entry_Stop and is the same color, it's a good
confirmation signal to enter a new trade. You can also use it to trade retracements (pullbacks).
After a retracement (pullback), it alerts you that the retracement has ended and the major trend is
resuming. So after a pullback, and the red or green (or blue) dot appears, you can re-enter with
another lot going in the major trend direction.

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The Other Trend Indicators in the Two Bottom Windows (Bonus Indicators)

In the 1st bottom window, I use the Super Trend which is color coded to match the candles in the
main window. The Super Trend acts like a MACD showing momentum and trend direction.

To change the colors of the Super Trend bars, right mouse click on your chart, select Indicators List,
choose the Super Trend indicator, click Edit, click Colors, then change the colors to Purple and
Green and click to Save.

The next screenshot adds the TrendWave indicator into the same box as the Super Trend.

Here's a quick video of how to get the TrendWave into the same window as the Super Trend:

http://www.youtube.com/watch?v=0jqr2wWU_0Q

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The TrendWave indicator is a signal entry/exit alert and a trend exhaustion alert.

The Trend Wave is two colored lines that get flat and crunched together when in a consolidation
period…you can see them separate when the trend is strong in one direction or another. When the
two lines cross, it is a trade signal.

It also has some double dashed lines that act like a stochastic to show oversold and overbought
price conditions.

A aqua blue dot will appear in the lower dashed lines when a down trend is exhausted and the price
is oversold. A yellow dot will appear in the upper dashed lines when an up trend is exhausted and
the price is overbought. However, sometimes the dots are premature and the true bottom or top
hasn't been reached, so use it as a trend exhaustion signal only when confirmed by the other
indicators in the main window. It works best in the higher slower timeframes. So always look in the
4 hr chart to see when the aqua and yellow dots. In the faster lower timeframes, the dots are not as
reliable for the longer trend.

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The next screenshot shows the bottom window where I have added the iTrend and the special RSI
with the upper lines at 60 and 80 and the lower lines at 30 and 10.

The special RSI lines are a volatility box that I invented where the iTrend purple and green lines
cross. Your template has this volatility box setup included.

The iTrend purple line shows the force or volatility of the price action in a downtrend. The green line
shows if the price is going up or down. We are more interested in the purple line because we're in a
downtrend and without force or volatility, we don't want to follow the price...meaning, we don't want
to enter a trade unless there's sufficient force or volatility....without sufficient force or volatility, the
chances are greater that we'll just get caught in a whipsaw trade and either lose or not make many
pips.

So, the best trade entry in a downtrend is when the purple iTrend line has crossed above the 60 RSI
line....this is a signal that the volatility has increased significantly. That is considered a
“conservative” entry...and is almost always when the candle has also pierced the support or
resistance of the congestion box. An “aggressive” entry is when you place a trade whenever the
iTrend lines cross, but only when you have other supporting color indicators to confirm your entry.

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When the i-trend lines cross within the 30 and 50 lines, it is often a small change in trend direction
and often would result in a whipsaw trade. You can use other color indicators to confirm a trade if
you want to use an aggressive entry which is when the lines cross below the 60 RSI line.

I have many training videos showing aggressive and conservative entries.

The next screenshot again shows the 2nd bottom window with my new RSI/iTrend invention. I
wanted an indicator that not only gives you a trade alert, but also shows the force of the trade alert.

An aggressive entry would be when the iTrend purple and green lines cross. If the purple line is on
top, it is a sell signal. If the green line is on top, it is a buy signal.

A conservative entry would be when the iTrend purple or green line goes up to the 60 RSI line. This
denotes a very strong breakout and good volatility. This will often occur when a candle crosses the
support or resistance of the congestion box in the main window.

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The RSI lines at the 60 level are for a trade signal and at 80 is the top for extreme volatility.
When the iTrend purple or green line crosses the 60 line, it is a trade entry signal. When the iTrend
crosses the 80 line, it is telling you that the volatility is extreme. When the iTrend crosses back
down to the 70 or 60 line, it is time to exit the trade, as the volatility is slowing.

Whenever you have lots of crossing of the iTrend lines inside the 30/60 RSI box, that's a
consolidation/congestion period where the price is resting, usually after a big move, and can rest for
hours...so unless you have other confirming indicators that say jump into a trade, I wouldn't jump into
a trade.

You can use the aggressive entry but be careful and be ready to exit when you see other colors
change or a purple or green (or blue) dot appear that signify a slowdown of the trend. If the purple
iTrend line crosses the 60 RSI line, that shows strong force and your trade will be more successful.

Examples of conservative and aggressive entries with the GbpUsd:

http://www.youtube.com/watch?v=lieQpTRsfI8

Examples of aggressive entries in a EurUsd 1 hour chart:

http://www.youtube.com/watch?v=J5kmD3k8c0Y

Examples of aggressive trades in a EurUsd 1 hour and 5 min chart:

http://www.youtube.com/watch?v=zRS4gRNJkLw

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This screenshot is a complete chart with all the indicators. It shows you two red lines for sell entries,
and two white lines for exiting the trade (which I manually added, your trading system won't have
these lines).

Notice at the two exit points, the iTrend has crossed below the RSI 60 line, the TrendWave aqua
blue dot has appeared, and in the main window, the green and aqua dot appeared for the first exit,
but for the second exit, only the green dot in the main window appeared...this means that the down
trend has ended but the signal to go long has not appeared yet....the price will probably settle into
some consolidation until either the down trend resumes or a new up trend starts. If a new up trend
starts, you'll see the Signal_Entry_Stop show an aqua dot.

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MORE TRAINING VIDEOS (all videos are under 5 minutes in length)

A ChfJpy morning breakout:

http://www.youtube.com/watch?v=rqk9wYN-hA4

A NzdUsd range and breakout before the US Open:

http://www.youtube.com/watch?v=os7jidpv34M

Here are some ideas for trailing stops:

1. Cynthia's_Signal_Entry_Stop

In your template, there is an alert indicator that is also a trailing stop. It's called the
Cynthia's_Signal_Entry_Stop

Here's a picture of just the Signal_Entry_Stop and the candles:

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Example of how the Signal_Entry_Stop works:

In a short trade, the main signal for a short entry is the large hot pink dot. The trend is shown by a
series of smaller hot pink dots which is where you manually trail your stop each time a new small hot
pink dot appears. If you do this diligently, eventually you will naturally get stopped out when the
price touches a small hot pink dot.

In the picture above, each white circle shows where your trailing stop would get touched when the
price re-traces. The small dots do stay flat when the price re-traces....this insures that your profit (if
any) is locked in tight. (You can always jump back into the trade if the trend is intact.)

The Signal_Entry_Stop is a trailing stop indicator based on volatility. It is the same as a Chandelier
trailing stop. When the volatility is high, the trailing stop is wide. When the volatility slows down, the
trailing stop is tightened, so as to lock in more pips. When you see the trailing stop flatten out, it
means the volatility is very low. If you manually move your stop at each new small dot, you will be
trailing the price according to the degree of volatility. During a retracement it's possible for you to get
stopped out naturally but you will have locked in a profit. If the trend resumes, you can jump back in.

2. Manually set your stop and trailing stop

For a 4 hr chart: use a 100 pip stop loss and trail with 50 pips using your Mt4 platform.

For a 1 hr chart: use a 50 pip stop loss and trail with 25 pips using your Mt4 platform.

For a 15 min chart: use a 30 pip stop loss and trail with 15 pips using your Mt4 platform.

For a 5 min chart: use a 20 pip stop loss and trail with 10 pips using your Mt4 platform.

Manage your stop by moving it to breakeven when the price has reached 25% of your target.

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3. Purchase a trade management software program

I use several, the first is called The Trade Manager. You can read about it and watch a video here:
http://www.daytradeforex.com/products.htm

You can program it to trail your stop and have a breakeven almost immediately, all automatically.
This is a must-have indicator! I can't trade without it.

This Trade Manager does work on mt4 platforms that use a suffix. For example, in my ThinkForex
ECN platform, the eurusd is eurusdt....notice it has a “t” on the end....that is a suffix.

With patience and practice, you will come to love this Trade manager.

To see other Trade Managers I use and recommend, please visit my robot support site and scroll
down on the left until you get to the section called Trading Tools:

http://www.cynthia-recommends.info/robotsupport.php

TRADING RETRACEMENTS

Trading retracements or scaling in and out of trades based on retracements is the advanced way to
trade and can bank you many many more pips than just a straight one-position trade.

The best training in the world for trading retracements, scaling in and out and using superior
trade/lotsize/money management, is given by the MAX team, taught by Master Trader Eusebio.

The video below gives you a slight idea of the money management taught in the MAX course. It has
to do with the number of lots you open an order with and then how many you close. This video gives
you a pretty good idea of how profitable the MAX system is:

http://www.youtube.com/v/GT-iYgxpoTQ

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If you want to really learn how to trade this way, you should take the MAX course if you have the
time to study and practice. Eusebio, the MAX Master Trainer and his accomplished students actually
get upset if they don’t make 500 pips day! It's the most effective trading method & training for
making 50% to 500% more profits out of ordinary trend trades.

It’s all in the lot sizes for entries and exits, scaling in and out of retracements and adding to your
positions as the trade gathers momentum in your direction. The amount risked is small – typically
about 2-3% throughout the length of the trade sequence....there are secrets and details that only a
full month course can teach you.

If you are interested, please visit my MAX site to learn more and sign up for a free live introductory
webinar which is held every month or so:

http://www.cynthia-recommends.info/The_MAX_Trading_System.htm

`````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````

MENTAL/EMOTIONAL DISCIPLINE FOR TRADERS

Trading is a business and you are an Entreprenuer!

Joe Ross wrote a book in 1991 titled, "Trading is a Business", and I couldn't agree with him
more.

Look closely at any successful trader you'll see that he/she looks at his/her trading as a
business. They are disciplined, they are decisive and they are motivated to succeed.

Most entrepreneurs fail and the basic reason is they don't have the inner-fortitude to get
through the tough times.

Having an effective trading system is not enough to be consistently successful in your

trading.

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In a poll taken among Traders a few years ago, it was determined that the biggest
Mental/Emotional issue that prevents traders from consistently applying their tested trading
system is the Fear of Failure.

Inability to pull the trigger when a trade signal is given.... or when you enter/exit a trade based
on emotion (rather than following your system).... causes poor trading results.

My gift to you is the SOLUTION to this critical problem:

http://www.directyourmind.com/specialoffer/?cd=94

This Link will take you to a specially prepared Self-Improvement Mental Training Session,
"Overcoming Fear of Failure". FOR FREE!

By sitting for this 9-minute training, once a day, for 2 weeks, you will transform any notions of
the fear of failure into strength and confidence to follow your trading system.

And it's yours with my compliments, thanks to an agreement I made with Norman Hallett,
CEO of Subconscious Training Corporation, who happens to have been a professional trader
himself for over 20 years.

I urge you to get past the number one mental/emotional issue holding traders back from
being consistently successful... Fear of Failure.

Even if you don't believe that Fear of Failure (even in the slightest) is an issue for you, take a
look anyway. It works for everything in life, not just for trading....just use it daily for two
weeks and see the difference in your trading and your life in general! It only takes 9 minutes
a day!

Here's a free download of a daily trading log for you to keep track of your trades:

http://www.daytradeforex.com/daily.pdf

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If you didn't pick up the Easy Forex Advanced Breakout Simple System, you can get it here

FOR FREE (certain conditions apply):

http://www.cynthia-recommends.info/free-advanced-breakout-simplesystem.htm

Here's a video that shows a little about the Advanced system:

http://www.youtube.com/watch?v=bRPrhYVb3O0

Here's a video of how I use my Breakout Alert EA with my Advanced Breakout Simple
System:

http://www.youtube.com/watch?v=R4Ac_-tA2Wk
http://www.youtube.com/watch?v=9Q4PeXpaars

How to get the Breakout Scalping Alert EA for free:

http://www.cynthia-recommends.info/FREE-Breakout-Scalping-Alert-EA.htm

(towards the end of the webpage is where you can simply order the EA for $57)

UPDATE: We now have an Xtra Advanced Breakout Simple System. It has all the features of
the Advanced system, plus four extra new features. Here's a video showing you the two extra
special indicators in the Advanced system and the extra four features in the new Xtra
Advanced system:

http://www.youtube.com/watch?v=eu-p-Mgxjk0

If you want to purchase the Xtra Advanced Breakout Simple System, please click the link
under the video.

You NEED this upgraded Xtra Advanced Breakout Simple System to take your trading to the
next level! Learn how to trade like a pro! Once you feel comfortable with the basic system
that you already have, upgrade to the Xtra Advanced system! I have it priced low just for you!

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Head on over to my new FaceBook page:

"Like" it and "Share" it and make a post about something forex,

tell everyone what you like, hate, love, whatever!!

===>>> https://www.facebook.com/DayTradeForex

I hope you enjoy trading the Breakout Simple System with color and that you make many
easy, stress-free, fun pips every day!

Happy Trading!

Cynthia of Day Trade Forex

Questions? Email Cynthia at: [email protected]

Author of 4 trading systems, Cynthia has been trading since the late-90’s starting with stock
options on the telephone before the pc!

Visit her other websites:

http://www.daytradeforex.com/products.htm

http://www.cynthia-recommends.info/robotsupport.php

http://www.cynthia-recommends.info/forget_forex_trading.htm

http://daytradeforex.com/Color_Coded_Trend_Trading_System/

http://day-trade-forex-online.com/PP-CB-Color-Ribbon-Surfing-System.html

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