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Zanzibar System for the EuroFx by Joe Ross
Zanzibar System for the EuroFx by Joe Ross
Forex Trading – Foreign Exchange Course
You want to learn about Forex?
Foreign exchange, or forex, is the conversion of one country’s currency into another.
In a free economy, a country’s currency is valued according to the laws of supply and demand.
In other words, a currency’s value can be pegged to another country’s currency, such as the U.S. dollar, or even to a basket of currencies.
A country’s currency value may also be set by the country’s government.
However, most countries float their currencies freely against those of other countries, which keeps them in constant fluctuation.
Do you find yourself left out of currency trading? Are margins too high? Is volatility too great? Well then, let me show you how to warm up your trading. Let me tell you about our new method:
If you have trouble picturing a method that can start you on your way to trading success, then picture this:
ZANZiBAR can be your ticket to the kind of lifestyle successful traders are able to live today!
What if you could win almost 80% of the time trading one of the world’s most popular currencies? We are confident that you can. We began our testing of the ZANZiBART on January 5, 2005. The statistics are startling!
Of course you realize that no matter how carefully we test a method, the results for each individual may differ from our testing. That is why all charts and statistical tables for a method must be labeled “simulated.”
But one of the reasons we are so excited about the ZANZiBART method is that using limit orders, prices almost always trade through the limit, meaning our statistics are closer to reality than we thought possible. You will almost always be filled at the limit price if prices trade through the limit!
In more than one year of trading the ZANZiBART came out the winner 79.3% of the time, with a profit factor of 2.52 ($wins/$losses).
With 87 trades, the method returned $6,700 but our tests ran for more than one year. To trade this method, our statistics show that you need an account size of less than $4,100! Isn’t that incredible? What I’m saying is that simply trading 10 lots, the potential is there to earn $67,000 and all you need to do is to trade on average 80 times per year!
There were 69 total winners for the ZANZiBART against only 18 losses, and here’s another amazing statistic: The largest loss was only $425!!
At one point in our testing, the ZANZiBART ran 10 wins in a row; consecutive losses were only 3.
What else can I tell you? The ZANZiBART was designed for the electronically traded Euro FX futures contract. It trades from a 60 minute chart. No in-and-out trading with this method. No way! You will know your entry points, your objectives and your protective stop before you ever hit the button to buy or sell.
Here’s how the equity looked subtracting $5 commissions
Here’s how equity looked subtracting for $7.50 commissions
Here’s how equity looked taking off $10 commissions
Of course, no one should be paying $10 commissions to day trade. If you are paying that much or more, you should contact us for a broker referral.
If you are familiar with Trading Educators, you know that we market only quality products that we ourselves program, test, and trade. And we never leave you begging for help. We support every method we sell. We guarantee every method we sell, and we even tell you when to stop trading a method if it begins to falter. That way, losses are kept small and controlled. We provide you with a tool that enables you to keep track of the equity the method is producing for you. We do that because you need to know your equity using the method from the time you begin trading it.
The ball is now in your court. What are you going to do about it? Will you buy now? Will you give the ZANZiBART a 60 day trial? It’s up to you. We are trading it and we know what it can do. But you will have to find out for yourself, won’t you?!
What is forex?
Quite simply, it’s the global market that allows one to trade two currencies against each other.
If you think one currency will be stronger versus the other, and you end up correct, then you can make a profit.
If you’ve ever traveled to another country, you usually had to find a currency exchange booth at the airport, and then exchange the money you have in your wallet into the currency of the country you are visiting.
Foreign Exchange
You go up to the counter and notice a screen displaying different exchange rates for different currencies.
An exchange rate is the relative price of two currencies from two different countries.
You find “Japanese yen” and think to yourself, “WOW! My one dollar is worth 100 yen?! And I have ten dollars! I’m going to be rich!!!”
When you do this, you’ve essentially participated in the forex market!
You’ve exchanged one currency for another.
Or in forex trading terms, assuming you’re an American visiting Japan, you’ve sold dollars and bought yen.
Currency Exchange
Before you fly back home, you stop by the currency exchange booth to exchange the yen that you miraculously have left over (Tokyo is expensive!) and notice the exchange rates have changed.
It’s these changes in the exchange rates that allow you to make money in the foreign exchange market.
Salepage : Zanzibar System for the EuroFx by Joe Ross
About Author
Joe Ross
Joe Ross is the creator of the Ross hook™, and has set new standards for low-risk trading with his concepts of “The Law of Charts™” and the “Traders Trick Entry™.” Joe was a private trader and investor for much of his life, but a serious health situation in the late 80’s caused him to shift his focus, and that is when he decided to share his knowledge. After his recovery, he founded Trading Educators in 1988, to teach aspiring traders how to make profits using his trading approach.
Joe Ross has written twelve major books and countless articles and essays about trading. All his books have become classics, and have been translated into many different languages. His students from around the world number in the thousands. His file of letters containing thanks and appreciation from students on every continent is huge: As one student, a successful trader, wrote: “Your mastery of teaching is even greater than my mastery of trading.”
Joe Ross holds a Bachelor of Science degree in Business Administration from the University of California at Los Angeles. He did his Masters work in Computer Sciences at the George Washington University extension in Norfolk, Virginia. He is listed in “Who’s Who in America.” After 5 decades of trading and investing, Joe Ross still tutors, teaches, writes, and trades regularly. Joe is an active and integral part of Trading Educators. He is the founder and contributor of the company’s newsletter Chart Scan™.
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