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Risk Disclosure and Liability Disclaimer: The author and the publisher of the information contained herein are not responsible for any actions that you undertake and will not be held accountable for any loss or injuries. 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 on this web site. The past performance of any trading software or methodology is not necessarily indicative of future results. 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 this website or any e-book purchased from this website is for educational purposes only and is not intended to provide financial advice. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading software, system, or method is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold Addwins, LLC and any authorized distributors of this information harmless in any and all ways. The use of this software, system, or method constitutes acceptance of this user agreement. COPYRIGHT This book is the copyright of Forex Key System and cannot be rewritten, re-published, stored or linked at any file sharing sites or FORUMS or used for any other books without proper referencing without permission. The use of the books is limited to your personal use. Distributing copies without paying for them is illegal and protected by international copyright law and violators WILL be prosecuted. Copyright 2011 ForexKeySystem.com

Ultimate Day Trading Forex System Thank you for requesting your free Forex trading system from: Forex Key System (www.forexkeysystem.com) We appreciate you requesting this trading system and are looking forward to showing you how to use it as quickly as possible. We like to call this trading system the Ultimate Day Trading System for Forex. Why ultimate? Well, for one it s quite easy to learn. It utilizes a simple 15 minute chart of the major currency pairs such as the EURUSD. In addition, you can do it all using the free MetaTrader 4 platform which is readily available globally. Perhaps the best part? The system is free with our compliments. Let s go ahead and get started with the step- by- step instructions to get you trading immediately plus some helpful tips we want to provide.

Starting with MetaTrader 4 (MT4) The first step is you need to make sure you have MetaTrader 4 running. I m going to assume you have MetaTrader 4 and are at least familiar with it enough to run the software. You can of course go to Google and search for Metatrader and find dozens of brokers that will be happy to give you a free download of the software. Video Training & Indicators Next you need to watch this video which will take you through how you add the indicators and what gives you a buy set- up and a sell set- up: http://www.forexkeysystem.com/system The full video training takes just 20 minutes please go through it as it explains virtually everything you need to successfully trade this system. This video will have you add these indicators to your chart: CCI Commodity Channel Index Period = 45, Levels +50 and - 50 Moving Average Choose Exponential, and 144 for the Period Average True Range 14 for the Period Buy & Sell Set-Ups A buy set- up occurs when: The CCI line goes from any value below +50 to a close above +50. That is your set- up bar/candlestick. A short set- up occurs when: The CCI line goes from any value above - 50 to a close below - 50. That is your set- up bar/candlestick. Key Level Adjustments for Entry Once you have a buy or a short set- up bar/candlestick you need to make what we call a Key Level adjustment. The reason this is so effective is the forex markets tend to respect price levels that are rounded or where a lot of support/resistance tends to lie. By pushing our entries

through these obvious Key Levels we give ourselves on additional filter to ensure the odds move even more in our favor on the trade. That means working though the next higher (on buys) or next lower (on shorts) key level. For example, let s look at the EURUSD and here is a series of key levels: 1.3000 1.3005 1.3010 1.3015 1.3020 1.3025 1.3030 Let s say we were looking at a JPY cross like CADJPY: 74.00 74.05 74.10 74.15 74.20 Basically the y.xxx5 and y.xxx0 levels or the yy.x5 or yy.x0 levels. Our job is to adjust above or below one of those key levels. For example, if you get a high of a buy set- up bar of 1.3013 you need to adjust around the next higher Key Level of 1.3015 and we like to go a pip or two above that so 1.3017 for example. On a short, let s say it is 1.3017 the low of the set- up bar. You need to adjust around next lower Key Level, in this case 1.3015 so make it 1.3013 (or 1.3014) for your sell stop to enter the trade. On the CADJPY example, if the buy set- up bar is a high of 74.08 you need to move around the next higher key level which is 74.10 so you buy stop at 74.11 or 74.12 (plus spread of course) On a short, if the low of the set- up bar is 74.13 you adjust around 74.10 and place your sell stop at 74.09 or 74.08 for example. This might be a new concept for you but you will become completely second nature for you to make these easy adjustments around key levels.

Targets & Stop Now that you know where you are placing your Buy Stop (plus spread always on buy entries) or Sell Stop you next need to know where your profit target and protective stop are. This is also easily done using the Average True Range (ATR) indicator we had you add to your chart. Simply take that value at the set- up bar, and multiply by 1.5. So if the value was 0.0010 (10 pips) your target and stop would be 0.0010 x 1.5 = 15 pips (or 0.0015) That s all there is too it. You can even place those at the exact time you are placing your trade entry as a limit and a stop and once your trade is LIVE you will automatically have your exit trades in the broker system. Keep in a mind a few things you ll need to decide if you want to take the target plus the spread you paid on the entry if a buy stop. If you are shorting, you have to pay spread on the exit the buy limit. You can choose to cover spread in your target optionally. It does make your target slightly bigger so just be aware of that. For example, if we had a buy stop at 1.3017 on the EURUSD and the target was 20 pips that means we d exit (sell limit) at 1.3037. Our protective stop would be 1.2997 (sell stop). If we entered the buy and paid 2 pips of spread our Buy Stop would be 1.3019. You could leave the calculated target at 1.3037 which would net you 18 pips. Or you could push it to 1.3039 to try and cover the cost of spread. You should CANCEL your order if you reach a point where the CCI sets up a new trade in the other direction. If your Buy Stop does not enter the market and then you see a short set- up you should cancel your buy and enter the new short. Best Times of Day To Trade You will find the best times of day are going to be when the volumes and activity are highest in the currency pair you are trading. This tends to be, for example, during the European market hours and/or the US market hours for currency pairs such as the EURUSD. This would be starting at 1am EST (New York Time) approximately. An excellent resource for you can be found here:

http://www.forexticket.us/en/tools/02-01- volatility You can then just click the currency pair on the left you want to view and it will break the average trading range down by the hour for that pair (usually in GMT time zone) all you want to do is make sure the hours you trade are amongst the highest for the trading range. Makes sense right? No need to focus on the quiet time you want to focus on the high range, high volume hours. There are plenty of those to fit any schedule. You really only need one good trade to call it a day with this system so we re not saying you d want to trade for hours on end. However, when you decide to give the system some time, only trade the highest ranging hours. For example, when I m writing this the 23:00 GMT time has a range on the EURUSD of only about 18 pips. At 14:00 GMT (which happens to line up with US market hours) it is literally 3x as much volatility. Let that be your guide. Ignore all the low volatility timeframes. The 144 EMA Moving Average Filter You need to realize that anytime you buy against this Moving Average (the moving average is going down and price bars are full below the Moving Average) or short when the moving average line is going up, and all price bars are above your odds go down on the chances for trading success. This does not mean you will not be successful, just realize the odds are somewhat lower so if you want the best odds, only trade in the direction of the trend. It s as simple as that. Use your discretion. News You Can Use News can wreak havoc on a trade or reward you greatly. Make sure you are very aware when Red Rated reports come up that would impact the currency pair you are trading. Use this site: http://www.forexfactory.com Ignore all reports but the ones in Red. Those you should be aware of can have a huge impact on your trade. You might consider not trading just in front, or just after one of these reports.

Get Trading! That s all there is to it. With this system you re actually learning several valuable Forex lessons as well. Only trading the best times of day (or night), focusing on a very mechanical approach to Forex, keeping risk in check with the reward and trading the high quality (and ideally low spread) Forex currency pairs. Take a little time to practice, pull up some prior charts and make sure you can identify the buy and sell set- up bars. Then, make sure you can quickly adjust around the key levels. From there to your calculation (simple math) of target/stop and you re ready. Our suggestion is to demo trade first. Keep in mind this rarely moves fast you should have plenty of time to enter your trade and realize there is only a chance for a set- up once every 15 minutes on a Forex pair. There are no set- ups until that 15 minute bar closes AND it moves through the right level on the CCI. This keeps it very controlled and orderly. Want more action? Follow multiple currency pairs is all you have to do! Best of trading and success. I ll be keeping you in the loop in the days ahead with my best Forex trading tips and hints. Keep an eye out for those emails I have a lot I want to share with you. Thanks. Brian Conway ForexKeySystem.com

THE BONUS SYSTEM from ForexKeySystem.com This bonus system is so simple and yet it yields phenomenal entry opportunities to any market/symbol being traded we thought you d like this extra bonus so we ve included it here with our compliments. We d focus on the Ultimate Day Trading Forex System described above, but this one is another great way to learn about time and price action within forex and how important both are to a successful trading system. With every market there is a time during each day when the trading volume being traded is lower than at other times. When that time has ended there is almost always spike in volume and trades. For example the emini futures or stocks have a large increase in trading volume at 9:30am New York time because the New York Stock Exchange opens at that time, after being closed since 4:00pm the day before. For forex pairs it may be different depending on the currency's country that is being traded. For example the GBPJPY (British Pound / Japanese Yen pair) may become more active on the open of the London and Tokyo sessions, etc. Each market has it's own time when it "opens" or becomes active. With that said the High Probability System is as follows: Apply a simple moving average indicator to your chart. A moving average indicator comes standard in any trading platform. The length may have to be adjusted depending on what the default setting is for your platform and can also be adjusted to better suit the market and time frame that you are trading, I like to start with a length of 10 periods. Now identify the TIME that the market you're trading "opens" or has an increase in trading volume each day. Again using the above example for emini futures or U.S. stocks the market comes alive at 9:30am EDT (New York time). For different parts of the world and different markets this will vary. The trader will need to do a little research by examining a volume indicator and/or researching online if unfamiliar with at what time this happens each day in the market that they are trading.

Now the trader watches the FIRST bar of the session (of that time when the market has an increase in trading volume each day) and upon the CLOSE of that bar IF the Moving Average is going UPWARD then a Long stop-entry order is placed at the HIGH of that first bars. If on that second bar the price hits the high of the first bar (where the order has been placed) then a long entry will be in affect. If the second bar closes and the high of the first bar was not hit, and therefore the order not, filled during that second bar then the order is cancelled on the close of that second bar. Example: If a 20 minute bar chart is being traded the trader will watch the FIRST 20 minute bar of the active session. On the CLOSE of that bar (as soon as the second bar is opening) if the moving average indicator is headed upward then the stop-entry buy trade is immediately placed at the HIGH PRICE of the first bar. If hit the position is now long. For short entry the exact opposite is true: On the CLOSE of that FIRST bar (as soon as the second bar is opening) if the moving average indicator is headed DOWN then the stop-entry sell-short entry trade is immediately placed at the LOW PRICE of that first bar. If the price hits it the position is now SHORT.

EXAMPLES:

There are several ways that the trade can be managed and exited. The trader can set a hard target and stop loss at their discretion, can measure the high to low of the first bar and use that same distance for a target and/or stop loss, can trail a stop loss behind the moving average or wait for it to turn contrary to the trade direction for exit, can use other indicators, or any number of different exit methods. That's it. it's that simple. We consider this to be a high probability entry which offers great profit potential to any trader, in any market.