Hi Folks.

Last week I sent you an email about a program offered by Expert4X called Double in a Day (here is the link in case you missed it: http://www.doubleinadayforex.com/special-double-your-account-in-1-trade-simple-4x-system-client-offer/   In short, they will teach you how to Double your account in a single trade, using an EA that acts as a trade manager and trading a very simple system they teach you for free right on the webpage linked above (and if it is not there you can sign up for their free newsletter and they will send you the links).

Just FYI, that link has a $60 discount that expires this Friday.  After that the price goes back up to $229.

Anyway, last night before I turned in I took a quick look at the various charts I have set up using their trading method.  I noticed on the EUR/AUD there was a setup where the Envelope was touched an hour earlier and the RSI was overbought and turning around.  I put in a Sell trade with a stop only 25 pips away (just above the top of the envelope) and went to bed.  Got up this morning and the trade was up 110 pips.

I've gone back over the last few months and done a quick visual back-test of this method and I have to admit it gives many more winners than losers.  I haven't counted them all up but I'm guessing about a 75% win rate, where your target is 100+ pips and your S/L is 20-25 pips or less (and moved to b/e at some point, so even on the trades that ultimately turn against you your worst case scenario is break even or a small gain or loss, depending on how you prefer to set up your trailing stop).

You may have no desire to invest in another product and I certainly understand that.  But if you have not watched the free training videos on their website, you should at least take a few minutes and watch how to set up this Envelope/RSI trading method.  It works pretty well and might be worth adding to your trading toolbox if you are looking for longer, swing-type trades to take on occasion.

And if you want to automate 99% of that trading and take a shot at doubling your account in a single trade, then give some serious thought to picking up the DIAD while you can still save $60. 

That link again is   http://www.doubleinadayforex.com/special-double-your-account-in-1-trade-simple-4x-system-client-offer/ 

Jeff