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Risk Disclaimer
Caution: Trading involves the possibility of financial loss. Only trade with money that you are prepared to lose, you must recognize that for factors outside your control you may lose all of the money in your trading account. Many forex brokers also hold you liable for losses that exceed your trading capital. So you may stand to lose more money than is in your account. ForexTradeStation.com takes no responsibility for loss incurred as a result of our trading signals. By signing up as a member you acknowledge that we are not providing financial advice and that you are making a decision to copy our trades on your own demo account. We have no knowledge on the level of money you are trading with or the level of risk you are taking with each trade. You must make your own financial decisions, we take no responsibility for money made or lost as a result of our signals or advice on forex related products on this website. Past performance is not an assurance of future performance. These trades are for educational purposes only and thus should be traded only on a demo account.

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Here are the rules of the game. Do not break the rules.
We do not use a stop loss.

Why you ask - Unfortunately stop loss hunting is prevalent in today Forex world. The more profitable you get the more likely stop loss hunting will be used against you. Only way to prevent this is to not use a stop loss.

Does this mean we donít manage our trades? Quite the contrary. We do manage our trades. Actively. How?

          We trade a two trade strategy.

         The first trade is extremely small. 0.01 lots per $1500. Please donít break this rule. You
         could take all signals if you follow this rule.

         If you do not have $1500 for live trading you could open a cent account with any broker    
         that allows for this type of accounts. Forex4You and FxOpen are two such brokers. As long
         as your account shows 1500 cents you can trade  our signals. So the minimum required 
         will be $15 on a cent account.

         In most cases our first trade closes at a profit and we are done.

         In the rare event the trade goes against us we give it time to correct. If the trade goes -300 
         pips and above (which is only about 3% of the account) AND the entry signals line up once 
         again we take a second position 10X the size of the first but with a much lower take profit
         that will allow us to close both trades at a profit. So for a $1500 account the second trade
          is 0.1 lots.

         Once you get a second trade scenario try not to take any more new signals until the   
         second trade closes. You could in theory have 2 second trades in play but this is not

         With this strategy the maximum drawdown we have faced is approximately $250 which is
         around 15%.

         Since August 2016 we havenít had a second trade go south by much. Can this happen? 
         Yes it can. Since our main entry is based on divergence there is a higher probability the
         second trade will work for us because logically if you think about it we had divergence on
         our first entry, the market didnít change, the second time we get divergence there is a
         higher probability of change. Itís almost like a rubber band waiting to break.

Do not break these rules.

Only take the pending orders and new orders. Please ignore the trades in play even if they are at a loss right now.