If you’re a Forex intraday trader, I want to let you in on a little secret… you are your broker’s favorite customer. It’s a well known fact among Forex brokers that typical Forex intraday trading strategies trade extremely frequently, which increases their profit from the spreads that you pay centralex You’ll be surprised to know that if you’re using any of the many scalping Forex intraday trading strategies out there, your broker may even be making more in profits than you are!
If it’s any consolation, you’re not the only one unwittingly making your broker rich. There are literally hundreds of thousands of people out there using Forex intraday trading strategies that are designed to make your broker rich. The good news is that there’s a way to take back those profits from your broker right now, just by going against the conventional wisdom of the crowd. By the end of this article, you’ll be privy to this little known Forex intraday trading strategy that will make you more profits than you’ve ever made, just by trading 10 minutes a day.
Most Forex intraday trading strategies are revolve around scalping the markets for a few pips here and there all day long. Scalping Forex intraday strategies are seem good at first, because they have a very high probability of making strings of successful trades. If you really think about it though, because you’re collecting so few pips in profit each time while opening yourself up to such a big loss when it hits your wide stop loss, you stand a very good chance of throwing away all your profit for the week or even month with just one bad loss.
What Forex brokers don’t want you to know is that there’s another way to trade that is far more profitable than most scalping Forex intraday trading strategies. It’s called Forex breakout trading, and it allows you to trade much less frequently and make much more profit all at the same time! Consider this: Most people are happy to accept tiny profits each time for the emotional payoff of being right most of the time, which has a lot to do with their own flawed emotional needs and nothing to do with profitable long term trading. To truly rise above the crowd and achieve a level of trading profits worth talking about, it’s obvious that you need to forget about what everyone else is doing and even go against them by using Forex breakout trading.
Forex breakout trading excels where most Forex intraday trading strategies fall flat, because instead of being killed by huge moves during volatile periods, Forex breakout trading allows you to make a killing from these moves instead! Not only is Forex breakout trading more selective and more profitable, the most important thing is that it doesn’t take big risks to make small frequent profits. Instead, it aims for a risk to reward ratio of 1:1 together with an accuracy of 60-70% to make steady, consistent profits and give you the peace of mind to sleep soundly at night. Forex breakout trading is not new at all, but you hardly hear about it because your Forex trader hates that you’ll be trading less with this Forex intraday trading strategy.
One of the best Forex intraday trading strategies that applies Forex breakout trading that I have come across is called Forex Morning Trade, and as the name suggests it trades only once a day. Forex Morning Trade is extremely low maintenance as well: you can either trade it manually for just 10 minutes a day, or you can use the completely automated version that will do all the trading for you. I personally use Forex Morning Trade, and in the last 6 months I’ve made an average of 300 pips a month in trading profit. My broker has taken a hit in spread profits since I started using it, but hey, I’m in this to get rich and not to make my broker rich. So if you’re looking for a proven Forex intraday trading strategy that applies Forex breakout trading successfully, then it’s time to get Forex Morning Trade and start making some serious money for yourself.
Thad B. is a Professional Trading Systems Developer who has developed and managed dozens of profitable trading systems over the years for a private hedge fund. Forex trading systems are his passion and expertise, and he has a wealth of helpful resources available for any serious Forex systems trader.