Forex SURFING.pdf

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FOREX Surfing Draft
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ÐForex SurfingÑ
eBook By Robert Borowski
¨ 2004-2005 Evergreen Forex Inc. - All rights reserved
Read Legal Info & Disclaimers at end of Document
Use of this material is subject to the legal terms, conditions, and understanding of the
statements at the end of this document. Unauthorized redistribution of this material is
illegal, strictly forbidden, and will be punished to the fullest extent of the law. Read the
legal text provided at the end of this document.
This eBook has been formatted for easier on-screen reading
This eBook is dedicated to my lovely wife (and also now a
mother) Violetta. Thank you for believing in me throughout all
my Ðbusiness venturesÑ before FOREX. YouÓre faith has paid
off. I love you shmorgasborgally!!! I also dedicate this eBook
to ÐGodÑ as I thank you daily for all my blessings, including
being directed into FOREX. As I often pray may it be true Î
Ðmay my many blessings bless many othersÑ.
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TABLE OF CONTENTS
Preface
Part 1 Î Welcome
Introduction
How I Came Up With This
Mental Sanity Warning
Basic Basics
Part 2 Î Basics
Some Basics
Trends
Candles and Charts
Part 3 Î The Surfing Concepts
Surfing Basics
Basic Strategy Î Variation 1
Basic Strategy Î Variation 2
Variation 3 Î Combination of Basic 1 & 2
Basic Strategy Î Variation 4 Î Skimpy Version of 1
BrokerÓs PIP Spread
Practice Time
Part 4 Î Trading Rules
About Profits
About Risks
Hugely Important Point
#1 Trading Rule
#2 Trading Rule
#3 Trading Rule
#4 Trading Rule
#5 Trading Rule
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Part 5 Î Surfing Trends
Micro Trends
Looking At Different Views
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Part 6 Î Surfing Opportunities
Looking For ÐReasonsÑ
First Things First
Opportunity 1 Î Trend Line Bounces
Opportunity 2 Î Trading Session Moves
Opportunity 3 Î After FA ÐDudsÑ
Opportunity 4 Î FA Explosions ÐAfter SurfÑ
Opportunity 5 Î Trading Triangles
Strategy 1
Strategy 2
Opportunity 6 Î More Triangles & Flags
Strategy 3 Î For Flat Bottoms & Tops
Strategy 4 Î For Descending & Ascending
Flags
Opportunity 7 Î Consolidation Channel Breakouts
Opportunity 8 Î Inside Consolidations
Variation Î Blue To Blue Î Daily Use
One More Tip
Opportunity 9 Î Trading Fibonacci
Fibonacci Theory 101
Fibonacci Variation 1
Fibonacci Variation 2
Fibonacci Variation 3
Opportunity 10 Î Compounded Gains
Compound Gains Variation 1
Compound Gains Variation 2
Compound Gains Exit Strategies
Exit 1 Î Manual Exit
Exit 2 Î Get Stopped
Part 7 Î Reversal Signals
Trend Line Breaks
KingÓs Crown, Head & Shoulders, 1-2-3- Tops/Bottoms
Double Tops/Bottoms
Other Things To Look For
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Part 8 Î Fundamental Announcements
Looking At The FA Calendar
Key Announcements
Additional Info For The USD (USA)
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Part 9 Î Final Thoughts
Looking At Currency Pairs
Resources Section
Get Ready & Start Trading
Happy Trading!!!
PREFACE
Welcome to ÐFOREX SurfingÑ from the Amazing FOREX System.
When I started this whole ÐAmazing FOREX SystemÑ project I had
no idea what I was in for. Let me tell you a bit of how this all
started.
Side note: Before ÐRapid ForexÑ I started off as ÐAmazing
FOREX SystemÑ. This eBook, ÐForex SurfingÑ was my
second eBook. This is just interesting information for you to
understand what I wrote here.
I was sitting at home a lot. Believe me, when you get to the point
that you donÓt need a JOB (Just Over Broke Î notice how when you
have a job youÓre living paycheck to paycheck?) you enjoy the free
time for a while. Sitting at home, taking long baths and reading,
going downtown for coffees during Ðwork hoursÑ, and doing
whatever you want is definitely fun, and I certainly wouldnÓt ever
wish to return to having a 9 to 5 job (the pay sucks even though
most people would consider it to be a good salary). After a while I
started to get bored, and decided I needed to do something to keep
me busy. Remember this Î when you get to be in the same situation
look for something FUN to do.
Well, I do lots of stuff in the evenings (altruistic stuff, and spiritual
activities Î I love helping people), but my days were boring since
everybody was at work. I decided to write a report about one of my
favorite FOREX trading techniques, which became the eBook
ÐExplosive ProfitsÑ. I wanted to share this with some friends to
Ðhelp them outÑ, and I then put this report on the web figuring that
itÓll help some other people get out of the Ðrat raceÑ too. Ironically,
to date none of my close personal friends have yet implemented
anything I taught them, but many strangers, or rather new friends
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(all of you) have profited nicely.
Honestly, when I put ÐExplosive ProfitsÑ on the web for sale I
figured that IÓd get maybe 10 or 20 to buy it (in a month), and then
have some FOREX traders to chat with (most of my friends though
fascinated with what I do donÓt trade themselves even though I keep
offering to teach them). ItÓs fun to have like-minded people to talk
with.
Well, within the first week I exceeded that goal. I am truly amazed
with how popular my eBook became Î far beyond my expectations.
I guess the clich saying is true, Ðdo what you love and the money
will followÑ. It all comes back to the universal Ðlaw of reciprocityÑ
that Ðgivers getÑ, meaning that what you intend and give to others
you end up giving to yourself. My prayer is that many people be
blessed with financial success, and so itÓs no surprise that I was
blessed in return. IÓve had many people write me to thank me for
that eBook as they have already gotten success with it. I guess you
can say that IÓve Ðreaped what I sowedÑ. I have also had the great
pleasure of getting to know some of these people and am very happy
to now have some awesome friends worldwide.
Let this be a lesson for you. Wish for others to be successful
because what you wish for others you actually wish for yourself.
Go watch the movie ÐPay it ForwardÑ (rent it at your local video
store). Make a commitment now to get yourself financially free so
that you can then help others do the same thing. ÐMay your many
blessings bless many others!Ñ
PART 1 - WELCOME
INTRODUCTION
Welcome again to ÐFOREX SurfingÑ. In this eBook IÓll show you
some of my favorite strategies to CONSISTENTLY capture some
nice pips, with a many variations to this technique. With this
strategy your biggest risk is just 20 pips! Again, this is amazing
considering that most trades require much larger stops. Also, a nice
thing about FOREX Surfing over Explosive Profits is that you can
use these techniques far more often to reliably capture those pips.
WeÓll discuss this more later.
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