1

Welcome

to Cynthia's London/NY Easy Color System

with the added upgrades:

Cynthia's Trailing EA Trade Manager, the Easy Order Trade Placement Script and

the Triangle Breakout Alert Indicator

By Cynthia Macy

Introduction

Welcome and thank you for purchasing Cynthia’s London/NY Easy Color System. This system is based on my color-coded methodology and will be very profitable for you. Use for any time frame and pair, but it specializes in the pre-London Open and London/New York Open trading sessions, complete with specially recommended trading times and pairs. This trading method will revolutionize how you trade, forever. The London/NY Easy Color System is color-coded trading, and by using the Easy Order trade placement script and the Trailing EA trade manager, this will be the easiest and least stressful trading you will ever do. Now trading can be fun, as it should be! DISCLAIMER & USER AGREEMENT Please be aware of the potential loss, risk, personal or otherwise consequences of the use and application of this e-book’s content. The author and the publisher and any affiliates or associates are not responsible for any actions that you undertake and will not be held accountable for any loss or injuries, from trading or otherwise.

2

U.S. Government Required Disclaimer – Commodity Futures Trading Commission Futures and Options tradinghas 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 forex, 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 in this e-book. 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 PERFORMANCERECORD, 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 the author’s website or any e-book purchased from the author’s website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading method or strategy is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold Day Trade Forex, LLC and any authorized distributors or affiliates or associates of this information harmless in any and all ways. The purchase of this e-book and use of the trading method constitutes acceptance of this user agreement.

COPYRIGHT

This product is the copyright of Day Trade Forex, LLC and cannot be re-written, re-published, STORED OR LINKED, SHARED OR SOLD AT ANY FILE SHARING SITES or FORUMS or AUCTIONS or used for any other e-books without proper referencing without permission AND without you becoming an official affiliate. DO NOT GIVE MY TRADING SYSTEM TO YOUR FRIENDS or re-sell it without becoming an affiliate! And this means you Greg!

I have the authority to have Ebay close your account if you are caught illegally selling this ebook on Ebay....and I do monitor Ebay for copyright infringements and fraudulent sales.

The use of this e-book is limited to your personal use. Spreading out the e-book or copies to someone without them paying for it is illegal and protected by international copyright law.

In short: Please respect the time and effort I have given to creating this trading system and don't share or sell it illegally. Turn your friends onto it but please let them pay me for it. You can earn a

commission when selling it if you join my affiliate program. You can sign up for it here: ===> http://day-trade-forex-online.com/London-NY-Easy-Color-System/affiliates.php

3

Introduction to

Cynthia's London/NY Easy Color System

NOTE: please start with the Basic system first and learn how to understand and use the basic indicators before you attempt to use the Advanced features such as the EasyOrder

Trade Placement Script and the Cynthia's Trailing EA Trade Manager.

TABLE OF CONTENTS

Page 4. Recommended Time Frames & Pairs Page 5. Examples of Good Moving Pairs for Each Trading Session Page 6. Forex Factory Calendar Set Up & Training Video Page 6. Basic Trading System Rules & Training Videos Page 8. Trade/Money Management Video & Excel Spreadsheet Page 9. Set Up & Installation Page 10. Setting Up Your Charts & Creating Session Profiles Page 13. Trading Out of Profiles Using the 3 Chart Set Up & Training Video in The Asian Session Page 14. News Trading & News Training Videos Page 16. Using a Currency Strength Meter Page 17. My Favorite Recommended Brokers Page 18. How To Use the Triangle Breakout Indicator & Training Video

4

TABLE OF CONTENTS, CONTINUED

Page 18. How To Use Cynthia's Trailing EA Trade Manager Page 19. How To Use Cynthia's Trailing EA Trade Manager & Training Video Page 23. How To Use the Easy Order Script Page 25. Training Video of How To Use the EasyOrder Script and Cynthia's Trailing EA Trade Manager Together Page 25. Putting It All Together Overview Training Video Page 25. Training For The London Open Video AND The NY Open Video Page 25. Special NY Close Yen Phenomenum Video Page 26. How To Join the Private, Closed Secret Facebook Bonus Training Group Page 26. How To Use Jing For Taking Screen Shots Page 27. Intro to the MAX Trading System – the advanced retracement, scaling lot size trade management system for experienced traders IMPORTANT: In order to achieve good results you must read AND FOLLOW THE MAJOR RULES BELOW!

Recommended Time Frames and Pairs for Each Session 1. Recommended Time Frames: best traded between the 5 Min and 1 Hour charts 2. Recommended pairs: strong volatile trending pairs.

5

EXAMPLES OF GOOD MOVING PAIRS FOR EACH TRADING SESSION: New Zealand/Australia (Asian) Session (starting at NY Close): NzdUsd, AudUsd, NzdJpy, ChfJpy, GbpJpy, AudJpy, EurJpy XTRA BEST MOVING PAIRS AVAILABLE IN FACEBOOK PRIVATE TRAINING GROUP ONLY Frankfurt (Pre-London) Session (2 - 4 hours before London Open): NzdJpy, UsdJpy, AudJpy, EurJpy, GbpJpy, ChfJpy, GbpUsd, EurUsd, NzdUsd XTRA BEST MOVING PAIRS AVAILABLE IN FACEBOOK PRIVATE TRAINING GROUP ONLY London Open: GbpUsd, NzdUsd, AudUsd, EurUsd, UsdJpy, NzdJpy, AudJpy, EurJpy, GbpJpy, ChfJpy XTRA BEST MOVING PAIRS AVAILABLE IN FACEBOOK PRIVATE TRAINING GROUP ONLY NY Open: GbpUsd, NzdUsd, AudUsd, EurUsd, NzdJpy, UsdJpy, AudJpy, EurJpy, GbpJpy, UsdChf, UsdCad XTRA BEST MOVING PAIRS AVAILABLE IN FACEBOOK PRIVATE TRAINING GROUP ONLY

6

Forex Factory Calendar Set Up & Training Video It is highly recommended to monitor economic news events at Forex Factory: http://www.forexfactory.com/calender.php

I look every Sunday to plan my trading week. Any orange or red economic news events in my timezone can be traded in a 3 chart setup of 5 minute, 30 minute and the Daily charts. Trade ONLY in the direction of the Daily chart starting 5 min after the news event...use the 30 min chart to place your trade using the EasyOrder and use the 5 min chart to get the perfect entry after pullback/retracements are finished. Monitor the trade in the 5 or 15 min chart and use the Cynthia Trailing EA to manage your trade.

Set up your filters for your timezone to show only the orange and red news events. Leave the Forex Factory Calendar webpage open and refresh daily and plan your trading day in advance, either to trade the major news events or to avoid them 30 min before and after.

2. Here's a video of how I set up my Forex Factory Calendar filter: http://www.youtube.com/watch?v=hk481mE_Oy0&hd=1

Basic Trading System Rules & Training Videos BASIC RULES

➔ In the main window, to place a trade, all colors must agree: the candles, the X's, the SAR dots and the double line...and the color of the JMA Slope volatility bars in the lower window must also be the same colors....ALL COLORS MUST AGREE!

➔ If there is a mix of green and red, there is NO TRADE!

7

Here's a video showing you the various indicators in the main window and how to use them: Main Window: https://www.youtube.com/watch?v=wX3UVS-rCMo

➔ In the middle window, the TDI must be in an overbought condition and crossing down around the 68 rsi line for you to enter a sell trade.

➔ The TDI must be in an oversold condition and crossing up around the 32 rsi line to enter a buy trade.

➔ The bottom window has two indicators, the JMA Slope and the Stoch with Slope. The JMA Slope is a volatility indicator and also shows the trend like a MACD with red bars for selling pressure and green bars for buying pressure.

➔ Like with the TDI, you will be buying from the bottom oversold area around the 20 rsi line after the stoch crosses, and selling from the overbought area around the 80 rsi line after the stoch crosses.

➔ The JMA Slope volatility bar color must match the color of the candles and other indicators in the upper main window.

Here's a video showing you the various indicators in the two bottom windows and how to use them: Two Bottom Windows and Putting It All Together; https://www.youtube.com/watch?v=ONl9KbQ7KCk As with any trend trading system, you are looking for breakouts and trying to avoid consolidation periods of low volatility.

8

To find the high volatility entries, we WAIT AND WATCH for the colors to match and to buy off the bottom and sell from the top for the TDI in the middle window and the Stoch with Slope in the bottom window. Trade according to color. All colored signals need to be the same before you enter a new position. If there is a mixed color in the main window, it's a no trade. Of course not every trade will be profitable, there is no holy grail in Forex.

Trade/Money Management Video & Excel Spreadsheet Use sensible trade/money management. 1. Here's a Money Management video compliments of Expert4x: http://www.forextrading-alerts.com/Maxlot/Maxlot.html

2. If you like excel spreadsheets, here's one where you can manipulate your risk according to your account balance and enter your losing or winning trades, and it will tell you the next lot size you should be using. Click below to open the excel spreadsheet in a new window:

MMCalc_1.6.xls

Instructions: Fill out the blue cells in the top part of the spreadsheet with your particular details. Then enter each winning trade under the blue column named Pips....a losing trade would have a – before it. EX: -20 . A winning trade just needs to be entered with the # of pips. EX: 20 . For each winning or losing trade, the Lot Size will change. During a winning streak, the Lot Size will increase. During a losing streak, the Lot Size will decrease.

This is proper money management, as described in the video above. This is important, as it will decrease your stress level and help you maintain proper mental/emotional discipline.

“Save As” your work in a folder on your desktop and use this spreadsheet during each trading session.

9

3. Want the absolutely BEST trade management software? This company provides a database Trade Log, and a Trade Calculator and a Forex Strategy Tester. These are the most professional trading tools you can own, because just having a good trading system is really not enough to become a truly successful trader. Please visit this website to learn more: ===> http://www.day-trade-forex-online.info/recommends/ForexSmartTools

Set Up & Installation

Setup Instructions: First create a new folder on your desktop and name it Cynthia's London/NY Easy Color System. (right mouse click on your desktop, click “New” and then click “Folder” and name it.) Save this PDF in your new desktop folder so that you can easily find it later.

Installation The London/NY Easy Color System requires the MetaTrader 4 trading platform to function. In your Welcome email, you were given a Universal one click auto installer, designed to work automatically with the MT4 Build you are using. If you used the auto installer link in the email, your trading system is already installed on your MT4 trading platforms with all the files in the correct folders, and you have saved this PDF guide in your desktop “Cynthia” folder, as per the instructions in the Welcome email. PLEASE SAVE THAT EMAIL SO YOU CAN USE THE AUTO INSTALLER ON FUTURE TRADING ACCOUNTS. PLEASE NOTE THAT IF YOU RECEIVE A REFUND, THE AUTO INSTALLER LINK WILL BECOME DE-ACTIVATED AND YOUR TRADING SYSTEM WILL STOP WORKING.

10

All your indicators will now be in Custom Indicators and your templates will be under the Charts tab ---> Templates. YOU MUST NOW APPLY YOUR TEMPLATE TO THE CHARTS YOU WISH TO LOOK AT. THE TEMPLATES ARE FULLY LOADED WITH ALL THE CUSTOM INDICATORS & CYNTHIA'S TRAILING EA. The EasyOrder IS NOT A PART OF THE TEMPLATE, it is not an Indicator nor an EA, it's a Script, and can be found under Navigator at the bottom, in the Scripts Common tab.

How to set it up and use it can be found on Pages 23 & 24.

Setting Up Your Charts and Creating Session Profiles: 1. Pick out 2-4 major trending pairs to trade for each trading session Profile (or only 2-3 pairs if your screen isn’t very wide)

2. Make a separate Profile for each of the Asian, Pre-London, London, New York trading session best pairs. (If you are a member of the Private, Closed Secret Facebook Training Group, you have an Asian Session Bonus template for creating your Asian Profiles, it has the Asian session box and range in the template PLUS the Reversal Star and SAR indicator with the popup audio and email alert, PLUS you have the xtra special super moving pairs. If you aren't already a member of the Private, Closed Secret Facebook Training Group, but would like to join for $9.95/mo, Please Click Here to Subscribe: SubscribeToCynthiasFacebookForexTrainingGroup) The Asian session (the NY Close & Tokyo Sessions) should use the scalping setup as follows: upper chart=15 min middle chart=5 min lower chart=1 min

11

The Pre-London (Frankfurt) Session should use the day trade setup as follows: upper chart=30 min middle chart=15 min lower chart=5 min The London Session should use the swing trade setup as follows: upper chart=4 hr OR 1 hr (you'll have more trade opportunities in this setup) middle chart=1 hr OR 30 min lower chart=30 min OR 15 min The New York Session should use the day trade setup as follows: upper chart=30 min middle chart=15 min lower chart=5 min Make a new Profile for every 2-3 pairs so you can switch easily between Profiles to see what's happening in more pairs. Use the pairs on page 4 & 5 as a reminder of the best pairs to trade for each trading session to be used when creating your trading session Profiles. If you join the private, closed Facebook Trading Group, you'll receive the xtra special pairs that are the best-movers. 3. Attach the “Cynthia_London-NY_Easy” template to each pair (first select your pair by clicking on it, then go to Charts, Template, Load Template and select the template....repeat for each pair). Use the “Cynthia_London-NY_Easy Bonus” template for each Asian session pair.

12

4. Create 2-3 pairs per Profile and SAVE your chart setup as a Profile by going to File, Profiles, Save As, and NAME it each with A, B, C, D....Example: Cynthia Easy Color Asian A, Cynthia Easy Color Asian B, etc, because there are 10 recommended pairs to trade in the Asian session, and 12 in the NY session, etc. and you will need several Profiles to be able to access all recommended pairs. IMPORTANT TIP: DO NOT USE SPECIAL CHARACTERS WHEN SAVING AND NAMING YOUR PROFILE NAMES....EXAMPLE: DO NOT USE ANY OF THESE CHARACTERS: “ / _ ( ) + = , ETC. IF YOU USE SPECIAL CHARACTERS YOUR PROFILES WON'T WORK WHEN YOU TRY TO BRING THEM UP. YOU CAN USE

THE – (DASH). EX: Cynthia Easy Color Pre-London 5. To access a certain Profile, go to the top of your trading platform, and next to the New Chart icon, there is an icon that says Profiles when you run your cursor over it. Click to open and select your desired Profile. It will change all other charts in your platform and it will say at the bottom of your platform the name of the Profile that you are now using. You can also change the Profile you are watching by clicking the name of the Profile at the bottom of your platform and selecting from the list a different Profile....the Profile will then change. NOTE: using a 3 chart setup is advanced and optional, although I highly recommend that you practice it until it's easy for you....it will make your trading consistently profitable and will reduce the initial draw downs at the beginning of a trade so that your initial stops can be smaller. When you are looking at a currency pair to trade, you first look at the top chart to determine the major trend...then look at the middle chart underneath to see the medium trend and pullbacks, and then look at the bottom chart to see the faster trend and to get the best entry. I use a faster chart for better entries into a slower chart. EX: use a 15 min chart for better entries and exits according to the trend in a 1 hr chart. Or use a 5 -15 min chart for a better entry/exit while trading in a 30 min chart. And use a 1-5 min chart for better entries/exits while trading in a 5-15 min chart.

13

ALWAYS TRADE IN THE DIRECTION OF THE HIGHER TIME FRAME. I never trade just in one time frame by itself, as you need to look at the higher time frames to see the major trend directions and you need the lower time frames to get the best entry.

Trading Out of Profiles Using the 3 Chart Set Up & Training Video in The Asian Session Here's a video showing you how I setup a Profile and trade out of the Profile using the 3 chart setup in the Asian Session: https://www.youtube.com/watch?v=yzbYRrAU7Dc (If you haven't yet joined Cynthia's Private Closed Secret Facebook Training Group for $9.95/mo to get the Bonus Asian Session Template with the Asian box, the Reversal Star, and the PSAR dots with alerts, plus 2 extra training videos each month, plus chart critique and support, PLUS the xtra special big moving pairs, Click here to join: SubscribeToCynthiasFacebookForexTrainingGroup)

News Trading & Training Videos For news trading, I use a 5 min, 15 min and 30 min chart and I trade only in the direction of the Daily chart. ….other than that, there’s too much noise in a 5 min chart and the whipsaw is too great so I personally never trade just in a 5 min chart.

I trade in the Daily chart direction, using the 5 min chart to get the best entry after a pullback has finished in the 5 and 15 min chart and the trend resumes in the direction of the 30 min chart. After my trade entry, I close the Daily and 5 min chart so I'm not tempted to close my trade too early. I track my trade in the 15 min chart and exit according to the signals in that chart.

14

For news trading, add a Daily chart and only trade in that direction, USING THE 1ST, 2ND OR 3RD CANDLE AFTER THE NEWS EVENT IN A 5 MIN CHART FOR ENTRY, 5-15 MINUTES AFTER THE NEWS EVENT and after a pullback has finished in the 5 and 15 min chart and the trend has resumed in the Daily trend direction) upper chart=Daily upper middle chart=30 min middle chart=15 min lower chart=5 min PLEASE LEARN AND MASTER THE 3 CHART SETUP BEFORE ATTEMPTING TO NEWS TRADE OR SCALP. When trading in a 3 time frame setup, you only enter trades when all the colors are the same in each time frame. Because you'll actually be placing the trade in the lowest time frame chart, that means that sometimes you'll have to wait for a pullback to finish and the trade resume the main trend as in the upper time frames. When the trend resumes and all the colors in all the charts are the same, that's when you enter a trade. So the key is to watch and wait for the pullback to finish in the middle and lower time frames. If the middle chart is in a pullback and not the same color, then you have to wait for it to change too. When the colors are the same as in the upper time frames, then you enter, using the best entry point in the lowest time frame. Patience and watching is the key before your trading will be successful. You MUST learn how to watch and wait for a pullback (retracement) to finish in the lower and middle time frames and then jump in using the lowest time frame entry when it finishes the pullback, trading in the higher time frame direction. NOTE: trading using the 3 chart setup is very advanced and is optional. Much practice is required to trade in this style, but once mastered, your win ratio will be extremely high. For news trading and scalping, this method is extremely necessary for a good win ratio and must be mastered.

15

Here's a video of How to Trade the NFP: https://www.youtube.com/watch?v=h4Wa39eHLuo Here's a video of Cynthia live trading a news event: https://www.youtube.com/watch?v=UrOmSGrTDjg Please always look daily at your Forex Factory Calendar to see the forecasts (review page 5) ahead of time and pay special attention to the Forex Factory Calendar Headlines indicator on your chart. It's set to give you a popup 30 min alert ahead of red (high impact) news events, to draw your attention.

Using a Currency Strength Meter

Choosing the pairs to trade for a news event (or regular trading) is important, as just trading default pairs is not always the best way to trade. Choosing pairs to trade based on strength vs weakness gives me up to 10 - 50 more pips on most trades, as opposed to just randomly picking pairs.

The best way to choose pairs based on strength vs weakness is by using a Currency Strength Meter.

My website explains more and offers you my Currency Strength Meter for a very reasonable additional price: https://daytradeforexcolor.com/Simple-Neon-Breakout/currency-strength-meter/

16

The Currency Strength Meter: a program that calculates over 30+ currency pairs in real time and displays a color-coded at-a-glance view of the strengths and weaknesses of all major currencies, namely the USD, EUR, GBP, CHF, CAD, AUD, JPY, and NZD.

Buy an Underlying Currency that is Strengthening Sell an Underlying Currency that is Weakening

The Strength readings vary from 0.0 to 9.0, with 0.0 being the weakest and 9.0 being the strongest, all color-coded:

BLUE as weak (0.0 ~ 2.0) YELLOW as normal (2.1 ~ 5.0) ORANGE as strong (5.1 ~ 7.0) RED as critically strong (7.1 ~ 9.0).

Here’s a picture of the Currency Strength Meter on the Bonus template:

https://www.screencast.com/t/g1X3A41rvU2

There are many uses for the CSM, and I provide training videos to learn how to use it.

I use it to gauge market conditions before and after an economic news release. I like to look at the market and try to find the best pair(s) to trade prior to the release. Then I set up my Profile based on these best pairs, based on strength vs weakness, and I trade out of my Profile setup. I also just use it every day to find pairs that are moving.

NOTE OF CAUTION: the strength/weakness of pairs can change after a news release....you will need to be flexible and maybe trade after the news release to get the right direction.

17

IMPORTANT TIP: THE BEST TYPE OF BROKER TO USE FOR NEWS TRADING OR SCALPING IS AN ECN.

My Favorite Recommended ECN Brokers I would highly recommend as your ECN broker: FX Choice (if you are a U.S., Canadian or world-wide trader) and Pepperstone or HotForex (if you are a non-U.S. trader). These brokers will not be trading against you, there will be no price manipulation, no dealing desk intervention and no conflict of interest. Trading with FXChoice will allow you to have the leverage you would like and with hedging and scalping capabilities, plus no re-quoting and the least amount of slippage during fast market conditions. I’ve traded with them for several years now, with no funding or withdrawal problems. We all know that trading just 20 pips a day with 1 standard lot will give you a nice income of $50,000 a year! Please practice proper money management! Grow your account slowly and safely. To safely trade one standard lot, you would need a minimum account size of $5000 or more.

I have two FREE wonderful money management methods for straight trades that will automatically calculate and apply the correct lot size to each manual trade ... makes your trading safer and more profitable:

A. http://www.daytradeforex.com/Breakout-Simple-System/Lot-Size- MoneyManagement/20PipMM.pdf

B. http://www.daytradeforex.com/Breakout-Simple-System/Lot-Size- MoneyManagement/40PipMM.pdf

Download them and save them on your desktop and keep one open for trading with. If you're a beginner trader, your goal should be for 20 pips/day. Remember, though, that if you have some losing trades, reduce your lot size so as to relieve the psychological pressure.

18

How To Use The Triangle Breakout Indicator The Triangle Breakout Indicator video training for breakouts and targets: https://www.youtube.com/watch?v=LBzqud5dWEA

How To Use Cynthia's Trailing EA Trade Manager I LOVE, LOVE, LOVE TRADE MANAGERS and I can't trade without one anymore! Part of the System is Cynthia's trailing stop EA, which is a trade manager. You'll find it under Navigator, in your Expert Advisors. It's already pre-loaded into your template, OR just drag it from Expert Advisors onto a chart that you want the trade manager to manage your trades. NOTE: At the top of your tool bar, make sure your little guy with a hat has a green dot, and the EA in the top right corner has a smiley face...these two things mean it's ready to manage your trades. If your EA has a “x”, it will mean the Expert Advisors at the top of your tool bar has been dis-abled and has a red dot ....you'll need to click the Expert Advisor little guy on your tool bar once so that it turns green and then your EA will have a smiley face. Here are two additional toolbar settings to make sure your MT4 runs smoothly: Go to toolbar->Tools->Options->ExpertAdvisors = https://www.screencast.com/t/mZ3gUOgF Go to toolbar->Tools->Options->Charts = https://www.screencast.com/t/tEE0I0XU Make sure in the EA Common tab, that all four outside boxes have a check in the box, and all four inside boxes DON'T have a check. In the Inputs tab, you have all sorts of options, but if you want to start out easily, click the Load tab and choose a preset for the time frame and trading strategy of the chart you're trading in.

19

The presets for Trailing Type 5 uses a Partial Take Profit, which means when the price reaches a certain number of pips in profit, the EA will automatically close ½ of your trade. This is a nice risk management feature, because it will book some profit and then let the other ½ of the trade run, with the trailing stop Type you choose managing the rest of the trade.

How To Use Cynthia's Trailing EA Trade Manager Training Video: https://www.youtube.com/watch?v=rn711J34bMo SUPER IMPORTANT! When you are trading out of a Profile, and you have two or three charts for the same pair, you must “tweak” each chart to remove duplicate instances of the Cynthia's Trailing EA.....because if you have it on each pair, and each one has a different set file in use, it will use one or the other, there's no control...so you have to remove it from all but one pair....and check to make sure that one has your preferred set file or trailing type. IMPORTANT NOTE: 1. The EA was originally coded for a 4 digit broker but now we all use a 5 digit broker, so it needs an extra zero ( 0 ) for the pips. I’ve already added the extra zero to my preset files but if you create your own, you’ll have to add the extra zero and save your preset file. EX: you want it to do a Partial Take Profit at 20 pips. Using a 5 digit broker, it must be 200. If you want it to trail by 10 pips, it must be 100. If you want your step to be 5 pips it must be 50 pips. 2. If your broker only offers mini lots (ie: .10, .20 lot sizes) and not micro lots (ie: .01, .05), then you must use a larger lot size to start with if using the Partial Take Profit. EX: you want the Partial Take Profit to close ½ of your position and your trade size was .10 mini lot. If your broker can't take ½ the trade size (.05) because it doesn't offer micro lots, then the Partial Take Profit feature won't work. SOLUTIONS: You'll have to either trade with .20, but only if you aren't risking too much for your Acct size OR don't use the Partial Take Profit feature until your account grows large enough to start using .20 lot size OR switch to an ECN broker that does allow micro lots.

20

This trade manager EA is one of the easiest to use, yet still has lots of options for managing the trade, including 7 different trailing stop types for you to learn and use, depending on your trading strategy. You can create your own preset values for any time frame, using any of the 7 different trailing types. (Remember it needs the extra “0” for pip values for the 5 digit broker).

Here's a table that describes the basic features of each of the 7 trailing stop types: HandleTrailingStop: //| Type 1 moves the stoploss without delay. //| Type 2 waits for price to move the amount of the trailStop before moving stop loss then moves like type 1 //| Type 3 uses up to 3 levels for trailing stop: //| Level 1 Move stop to 1st level //| Level 2 Move stop to 2nd level //| Level 3 Trail like type 1 by fixed amount other than 1 //| Type 4 Move stop to breakeven + Lockin, no trail //| Type 5 uses steps for 1, every step pip move moves stop 1 pip //| Type 6 Uses EMA to set trailing stop //| Type 7 Uses PSAR to set trailing stop Example of Settings for Type “3": FirstMove = 20 pips; // Type 3 first level pip gain FirstStopLoss = 50 pips; // Move Stop to Breakeven SecondMove = 30 pips; // Type 3 second level pip gain SecondStopLoss = 30 pips; // Move stop to lock in profit ThirdMove = 40 pips; // type 3 third level pip gain TrailingStop3 = 20 pips; // Move stop and trail from there Remember to add the extra “0” for pip values for the 5 digit broker. EX: FirstMove = 20 pips...if 5 digit broker, it needs to be 200....etc.

21

Where the field says TrailingStopType, you must enter a number 1-7 to choose the trailing type you want to use. This screenshot shows that I’ve chosen TrailingStopType 5: https://www.screencast.com/t/YJLHYkZ8 I use trailing type 5 mostly for news trading and scalping but it can also be used for day trading or swing trading....you just need to increase the value of the pip settings for day trading and swing trading. It trails the price by “X” number of pips after it reaches a profit of “X” number of pips....all adjustable and customizable by you....just change the pip value settings and re-save with a different name. Trail Type 5 is the trailing type that will book ½ of your initial lot size at your desired # of pips and also move your initial stop to breakeven when the desired # of pips is reached...I always make the Settings for Type 5 eTrailingStop pip value the same as the pip value for TP_Level1 so both things happen at the same time. Here are two example screen shots of the setup for Trail Type 5, if you want to coordinate the take profit of ½ of your initial trade lot size and the move to breakeven of your initial stop loss: http://screencast.com/t/5NeK3v6pX2am See how in the first screen shot the yellow highlighted TP_Level1 Value is 250 ? (that's actually 25 pips). http://screencast.com/t/OsxCTKU0pM And see how in the 2nd screen shot the highlighted yellow in the Settings for Type 5 is also 250? (that's also 25 pips)...these two fields both being 250 mean that when the price moves 25 pips in my desired direction, when it reaches 25 pips in profit, ½ of my lotsize will be booked and my initial stop loss will be moved to breakeven AT THE SAME TIME! Now I've booked some profit and reduced my risk to zero! I'm using a Type 5 swing set for these screen shots and the extra zero because it's a 5 digit ECN acct.

22

The eTrailingStep is the number of pips necessary that will move the stop one more pip into profit. So a Step of 150 (15 pips) means that each time the price moves another 15 pips into profit, it will move your stop one pip. As mentioned above, one of the nicest features is a risk management feature, and it's the usePartialClose, in which the number “1” is true and “0” would be false. The TP_Level1 has a field for the value, which you can change to suit....here's a screen shot showing my quick scalp preset, with the TP_Level1 set at 100, which means that the trade manager will close ½ of my lots when the price reaches 10 pips in profit and will bank that profit. I am using an ECN broker, so I had to add an extra “0” to my number “10”: https://www.screencast.com/t/CNgcR5FR

Here are the settings for Type 5 trailing step where the eTrailingStop value of 100 matches the TP_Level1 of 100: https://www.screencast.com/t/mBgcz1733Yo

You can see that the Stop value is 100, or 10 pips (I added the extra “0” for the ECN). The Step Value is 50, or 5 pips. This is a quick scalp setting... These settings mean that when the price hits 10 pips in profit, the initial stop will be moved to breakeven automatically and will follow the price from breakeven by 5 pips, and this will continue until either you reach your target or the trade retraces and you get stopped out. You can change the Value fields to be a tighter or looser pip value, as you prefer. You just have to practice with it, as with all the Stop Types. Another good quick scalp setting would be Stop Value=12, Step Value=8 (12 pips or 120 for 5 digit ECN and 8 pips or 80 for 5 digit ECN). I like to use the quick scalp preset file H1 Type5 for scalping in the Asian session when the moves are not very big. I have to use larger than normal lot sizes when quick scalping to make some decent money, so I have to be extra careful.

23

If your account is not a mini account, but a standard, then change the AccountIsMini=False. I just leave the stop loss in the settings to be 100, as my EasyOrder stop loss and the EA trade manager chosen settings over-ride it. Type 3 is best used for swing trades in the higher time frames during the London Session. Type 7 is the PSAR trail type and the value settings match the SAR indicator settings (in the Bonus template for Facebook Group members only) and can be used for scalping, day trading or swing trading, just adjust the TP_Level1 field to be a smaller number of pips for scalping. In my training videos I use a pip value of 10 pips (100 if using a 5 digit ECN) or click Load to choose my Type7 Swing preset file, and you can change the TP_Level1 field to suit, re-name the file and Save it. Trail Type 7 also moves your stop to breakeven at X # of pips like Trail Type 3 & 5 does....it will then move the stop from SAR dot to dot, depending on the time frame you're in...if in a 1 hr chart, each hour, the stop will be moved to the next SAR dot, until you get stopped out. I use the eTrailingStop Type 5 or 7 for my news trading and scalping and day trading in the Asian, Frankfort, London and New York Sessions, and the Trailing Stop Type 3 and 7 for swing trading in the London Session with the pound pairs that really move.

How To Use the Easy Order Script The EasyOrder is a script for placing trades and it will automatically place your stop and take profit at the latest support and resistance levels, according to the time frame you are working with. You'll find the EasyOrder in your Common Tab under Navigator, then click Scripts. You will want to right mouse click on the EasyOrder (NOT the Close, Draw or Submit) and a window will pop up and you will click “Add to Favorites”. Then, open your Favorites tab and you'll see it in there. Then drag it to the chart you want to trade. If your EasyOrder won't attach to a chart, you need to change the settings of your MT4 platform....see the next page for instructions.

24

HOW TO MAKE THE EASY ORDER ATTACH TO YOUR CHART: Here are the correct trading platform settings that you need to change to enable the EasyOrder script to work, we want it to easily be added to our chart and work without having to permit or confirm the call functions. Go to your tool bar at the top of your screen, click Tools, click Options, then Expert Advisors, then change your settings to look like this: https://www.screencast.com/t/36BYmIBOtr Now the EasyOrder will trade with no popup asking if you want to permit call functions and it should attach to your chart with no further problems. You may have to check these settings and change them each time you close and re-open your mt4 platform....it depends on your broker. The EasyOrder is designed to allow you to double click on the take profit and stop loss lines on your chart and to drag and move your lines up or down, to wherever you want them to be. Initially, the stop and take profit will be at the latest support and resistance levels, according to the time frame you're trading in. If I want to scalp or trade the news in a 1 min or 5 min chart, I'll put my EasyOrder onto a 15 – 30 min chart, so that the stop and take profit will be wide enough so that I don't have to worry about getting stopped out prematurely on a price spike or bad entry and I don't have to manually adjust my stop or take profit lines after I've submitted the order. Also, the new MT4 one click will sometimes make it hard to double click and move the take profit or stop levels on your chart if you try to do that after clicking the order trade placement “Submit” button. The new MT4 one click will pop up and make you manually confirm your new order, which I don't like. So when it asks you to enable the One Click Trading, say Yes!

25

MORE TRAINING VIDEOS

Training Video of How To Use the EasyOrder Script and Cynthia's Trailing EA Trade Manager Together: https://www.youtube.com/watch?v=6-YpOG4xn0U

Putting It All Together Overview Training Video Here's an overview video showing you what to look for and how to trade: https://www.youtube.com/watch?v=SU_A30Moe-Q

Training For The London Open Video: https://www.youtube.com/watch?v=KaWXqnWlFx0

Training For The NY Open Video: https://www.youtube.com/watch?v=7Euo34zI3-I

Special NY Close Yen Phenomenum Video: https://www.youtube.com/watch?v=GFlwIjCCNgE

26

How To Join the Private, Closed, Secret Facebook Bonus Training Group https://www.youtube.com/watch?v=Uq50Muxiv2U Click here to join: SubscribeToCynthiasFacebookForexTrainingGroup

The Private Closed Facebook Training Group is $9.95/mo for 12 months, via PayPal. You can un-subscribe any time.

How To Use Jing For Taking Screen Shots Jing Tutorial Video:

To make it easier for me to help you, it's necessary for me to see your entries and exits DIRECTLY ON YOUR CHART. Learn how to mark up your charts and send me a Jing screen shot: https://www.youtube.com/watch?v=0qSUJFmXdcs

If you're a member of the private, closed Facebook training group, you must use Jing screen shots to post your charts in the group....and if you're not a member of the Facebook group, I prefer you use Jing screen shots to send me your charts with questions, as most often I can't open your .png or .jpg attachments or enlarge them enough to see details. PLEASE learn how to take screen shots and send with your questions!

You can download a free screen shot software called Jing from Techsmith:

http://www.techsmith.com/jing.html

27

ADVANCED RETRACEMENT TRADING

Taking it to even the NEXT level!

Trading retracements and scaling in or out of trades based on retracements is the most advanced way to trade and can bank you many many more pips than just a straight one-position trade.

The video below gives you a slight idea of the money management taught in the MAX course. It has to do with the number of lots you open an order with and then how many you close. This video gives you a pretty good idea of how profitable the MAX system is:

http://www.youtube.com/v/GT-iYgxpoTQ

If you want to really learn how to trade this way, you should take the MAX course if you have the time to study and practice. Eusebio, the MAX Master Trainer and accomplished students actually get upset if they don’t make 250-500 pips day! It's the most effective trading method & training for making 50% to 500% more profits out of ordinary trend trades.

It’s all in the lot sizes for entries and exits, scaling in and out of retracements and adding to your positions as the trade gathers momentum in your direction. The amount risked is small – typically about 2-3% throughout the length of the trade sequence....there are secrets and details that only a full month course can teach you.

If you are interested, please visit my MAX site to learn more and sign up for a FREE live introductory webinar that is held each month or so:

http://www.cynthia-recommends.info/The_MAX_Trading_System.htm

This training and trading method is advanced and recommended only for experienced forex traders proficient with the MT4 platform, not for newbies.

28

I hope you enjoy trading the London – New York Easy Color System, and using the Trade Manager and Easy Order, the Triangle Breakout, and that you make many easy, stress-free, fun pips every day!

Head on over to my FaceBook page: "Like" it and "Share" it and make a post about something forex, tell everyone what you like, hate, love, whatever!! ===>>> https://www.facebook.com/DayTradeForex

Happy Trading!

Cynthia of Day Trade Forex

“Trading from the Beaches of Mexico! You can too!”

Questions? Email Cynthia at: assist.london.ny.color.system@gmail.com

29

Author of 6 MT4 trading systems, Cynthia has been trading since the late-90’s starting with stock options on the telephone before the pc!

Visit her other websites:

https://day-trade-forex.com

http://www.daytradeforex.com/products.htm

Visit her three YouTube Channels to watch other training videos:

http://www.youtube.com/richfxtrader

http://www.youtube.com/nutsforforex

http://www.youtube.com/cancunebiz

Join her private, closed, secret Facebook Training Group for $9.95/mo:

SubscribeToCynthiasFacebookForexTrainingGroup