HOW TO MAKE MONEY FROM A VERY SPECIFIC CURRENCY PAIR & ITS

HOW TO MAKE MONEY
FROM A VERY SPECIFIC
CURRENCY PAIR & ITS
4 “WEIRD”
OCCURRENCES
By the Forex Megadroid Team
Fellow Trader,
What you’re about to read is direct from the "Trading Lab" of The
Forex Megadroid Team, creators of the world's #1 selling
automated trading system – an accolade held for more than 3
years.
We work constantly and diligently to ensure that every single one of
the ideas and concepts we come up with are based on sound
principles and are backed by solid fundamental and technical analysis.
Above all, we’re traders... and we know what traders need to
succeed!
About 3 years ago, our reputation was firmly planted in the roots of
the Forex trading community in a very powerful way. Our team
created something almost monumental... a systematic approach to
the Forex market that took MANY months of intensive research,
testing, re-testing, and real live "in the trenches" trading.
After all of that work, after putting in 18 hour days for weeks on end,
a light appeared at the end of the tunnel...
Forex Megadroid was born
The Forex market was changed forever… and for the better.
Forex Megadroid shattered ALL previous records and became the #1
selling automated Forex trading system; literally overnight!
With a solid system and proven results, traders and institutions alike
naturally attempted to copy the concept to create something of their
own.
How do you think that turned out? (I'll give you a hint - we still hold
the record 3 years later!)
All of these so-called "traders" began to realize that there’s no
substitution for hard work and the above-average talent that the
Forex Megadroid Team has consistently brought to the table.
We fully understand that the markets are a consistently morphing
"beast"; so traders and trading systems MUST adapt to the changing
times in order to remain profitable... and that's exactly what we did.
As part of our commitment to provide on-going support and updates
to the Forex Megadroid automated trading system, we have a team of
programmers and professional traders working together in our
"Trading Lab" to ensure that Forex Megadroid continues to pump out
consistent returns, now and far into the future!
Since inception, 3 years ago, the Forex Megadroid team has worked
tirelessly; providing nothing but the best in updates and upgrades,
ensuring Megadroid’s continued profitability...
...but, whilst browsing through some of our in-depth research...
something unexpected and amazing came to light - something that’s
been more than 3 years in the making but has, just now, become ripe
enough to exploit for HUGE gains.
Meetings were called to go over our find, to confirm whether the
discovery was legitimate and "exploitable". Not only was it proven to
be correct, it had the potential of being a rock-solid foundation for a
Forex system that might well surpass our record-breaking flagship
product created more than 3 years earlier.
...and, in this report, we’re going to share it with you.
But, before we simply jump right into it, you need to understand the
basis of the discovery to appreciate why it’s so powerful, and why it’s
remained completely under the radar… until now.
Let’s begin with one small, well known (but somewhat depressing)
statement...
OVER 95% OF FOREX TRADERS LOSE
EVERYTHING
...And The Reason May Shock You.
Most traders, regardless of skill level or time spent in "the game", are
guilty of overlooking a few unbelievably important aspects of
trading... and we’ve personally seen a very large amounts of money
disappear for this reason alone.
Most of these principles are SO basic, yet lack of respect for even one
of them will literally cause you to fail as a trader - without question.
Before you can fully appreciate the mind-blowing discovery that the
Forex Megadroid team has uncovered, you need a firm grasp of the
problems that plague the "losing" trader.
We can promise that this will help you best understand this unusual
(yet quite powerful) discovery, and immediately help you to apply it
to your current trading method - instantly improving your chances of
pocketing some pips each time you place a trade!
SO WHAT IS THE "SECRET SAUCE"?
The secret behind our discovery isn't what you may be thinking,
which is a very good reason for it working as well as it does!
To most people, the following points are very important parts of a
successful trading system...but our new discovery has nothing to do
with:




The trading strategy itself (rules, etc.)
Money management (amount risked per trade, etc.)
Trading frequency (how often you trade)
Emotions (sticking to your trading plan)
While these are a huge part of being consistently profitable, and
should never be overlooked, so many traders focus on them that they
are quite easy to come by. The real "secret sauce" to our discovery
lies in those areas that are often completely ignored... but, as we're
about to prove, they’re the biggest part of our system!
 Spread (amount of "commission" you pay on each trade, usually
measured in pips)
 Volume (the actual "tick volume" of a currency pair - how much
movement exists in the pair in any given time)
 Range (the distance in which the currency pair travels from
"high" to "low" during a certain time period... and it's NOT the
time period you think it is!)
 Correlation (whether a currency moves in the same direction,
opposite direction, or in a totally random direction compared to
the currency it’s "paired" with)
Not what you expected? That's the point!
As we've discovered recently (which will be revealed later in this
report), the following are the MAIN criteria in choosing the proper
currency to trade, and literally means the difference between a losing
and a winning trading system.
Let's dive in, and see why these often overlooked points are much
more important than they’re given credit for... and why the general
trading public being totally and completely blind to them is a GREAT
thing for you!
The Dirty Little Currency Secret
As you may already know, when trading in the currency market,
you’re NOT trading just one currency. You’re actually trading two
currencies at the same time - one currency is used to "buy" or "sell"
the other currency. You, as the trader, are quite literally buying
money with money.
Like any investment, however, everything always comes at a price,
and there’s no such thing as a "free lunch"!
If you’ve ever travelled to a different country then, believe it or not,
you've already traded in the currency markets and, no doubt,
experienced the frustration of dealing with a slick little trick that
banks use to screw you out of money instantly with every transaction.
Let's take a very basic example:
You've decided to take a trip from the United States to Great Britain
to see little "Johnny", your 7 year old nephew.
After a long (and somewhat boring) flight, you land in jolly ol’
England, excited to begin exploring, yet physically drained and in
desperate need of a pint of England's finest beer.
A post-flight beer’s definitely in order, so you make your way to the
pub in the airport terminal. Much to your dismay, you've just
discovered that they don’t take American dollars and been told to
change the fistful of bills in your wallet for British pounds before you
can enjoy your “reward”.
No big deal, right? A minor inconvenience, for sure... but, at this
point, you're determined!
After power-walking to the deceptively small "Currency Exchange"
booth in the airport terminal, you quickly hand over every bill in your
wallet, quite confident that you won’t want to attempt this again after
a few pints!
After handing over your dollars, the kind lady working the counter
slides back a pile of coins and bills which you hastily shoved into your
pocket. Mission accomplished… time for that beer! But...
OOPS!
You suddenly remember promising little Jonny that you’d bring him a
few American dollars as a souvenir.
Well, a promise is a promise, so you've got no choice - you need to
change that cash back to American currency, and it looks like you’ll
be foregoing that beer!
After a brief chat with "Mrs Shylock", desperately attempting to
explain the situation with an embarrassed smile, you hand back every
penny of the local currency she handed you 10 seconds ago to
change it back into greenbacks because, of course, you're an
extremely thoughtful uncle.
As you turn to walk away, you hastily count the money that you've
just received.
Wait a second... WHAT?!
As you rifle through the bills, you notice that a chunk is missing!
How could this happen?? In less than a minute, you've exchanged
your currency by mistake, exchanged it back immediately... and have
less than you began with! What in the world could have happened to
the exchange rate in 10 seconds??
Welcome to the "spread" my friend! It’s the currency trader's worst
nightmare - quite literally, one of the most important (and most
often overlooked) aspects of trading currency.
This same exact situation occurs when you place a currency trade
with your broker. Each and every time a trade is accepted, a small
portion of your exchanged capital goes directly into the pockets of
those responsible for providing you with the service of exchanging
your money... and you’ll NEVER see that money again.
Fortunately for us, not all currencies are created equal. Some
currencies have an extremely small spread, so you don’t have to give
up nearly as much of your hard earned money. However, other
currencies have gigantic spreads, and make it almost mathematically
impossible to turn a profit.
This same example applies to professional currency trades as well,
where "spread" is usually measured in pips.
But the spread-based problems don't stop here!
Let's assume that you’re attempting to place a trade with a target of
100 pips and the broker is charging you a 2 pip spread for this
particular currency. This is merely a 2% "charge" for the potential
profit that you’re aiming for. Not too bad at all. However, if your
target is only 10 pips on that same currency pair with the 2 pip
"spread", that now equates to a whopping 20% of your total profit
target!
That's right – you’re forced to pay 20% of all of your potential
profit to the broker... whether you win or lose!
As you can see, the currency's spread is a very much overlooked, yet
extremely important, aspect of trading any currency.
If the currency pair you trade has a large spread and your strategy
looks for small profit targets then it can spell disaster, and quite
literally makes it mathematically improbable to turn a profit
regardless of how "good" your system may be!
As a trader, you’d want to locate and trade those pairs that don’t cost
you an arm and a leg simply for placing a trade. The spread alone
has enough power to clean your account out completely if you're not
careful...
...but guess what?
The Forex Megadroid Team's amazing discovery obliterates
this problem!
Something as blatantly simple as the spread can be a deciding factor
in choosing the proper currency for any system that you want to
trade, but it isn't as simple as blindly picking the currency with the
smallest spread. There are quite a few other factors that come into
play... which brings us to our next equally important part:
Volume
Volume is a relatively simple concept to grasp - every time that the
currency pair "moves" at all (whether it be up or down), this
movement counts towards the volume of the currency.
If the currency moves 100 times in 5 minutes, that specific currency
has a volume of100 on that 5 minute bar. Pretty simple, isn't it?
But why do we care? What effect does this have on our actual
trading?
PLENTY.
Currencies don't just "move" without reason; every single tick is
created by different fundamental actions:
 News Releases affecting the economy (and the currency, by
proxy)
 Relevant banks and financial institutions being open, causing
financial transactions to occur
 Traders opening and closing positions
 And many other factors
By this notion, an increase in volume (movement) quite literally
means, at its most basic level, that the currency is being "used" more
often.
With low tick volume, it is MUCH harder to get into or exit out of a
trade with this particular currency. It literally means that there isn't
nearly as much interest in the currency, which makes it extremely
difficult to find a buyer (whether it be a bank, a broker, etc.) willing to
buy back your low volume currency.
As you can imagine, this causes all sorts of issues!
 Unable to enter your trade at the level you NEED
 Unable to exit your trade at the level you NEED (or in some
cases, not at all!)
 Back-testing a strategy causes completely inaccurate results the simulation program running your back-test places the order
without the concept of low tick volume to hinder it, as this type
of "problem" is very difficult to simulate. This is a huge problem,
as it leads to outstanding back-test results, when live trading
the exact same system produces extremely poor results
By trading a currency with a low volume (or trading during periods of
low volume) your orders will behave erratically, unpredictably, and
will cause you to lose a substantial amount of money through no fault
of your actual system...
...but guess what?
The Forex Megadroid Team's amazing discovery makes this a
problem disappear completely!
Correlation
The word "correlation" may scare some people, but actually, it is a
very easy concept to grasp.
As stated before, trading currencies is always done in pairs. You must
exchange one currency for a different currency in order to "place a
trade".
But why does this matter? The answer is much, simpler than you
may think...
As an example, let’s look at AUDJPY (Australian Dollar vs. the
Japanese Yen).
The economies of these two countries are not correlated at all - when
the Australian Dollar has a major news announcement or any other
event that moves that nation's currency, the Japanese economy
couldn’t care less.
They simply aren’t linked in any way, shape or form.
Because of this fact, the AUDJPY currency pair fluctuates violently,
unpredictably and, because of its terrible correlation, moves for no
reason at all.
The above screenshot is a weekly representation of what happens
between the Australian Dollar and the Japanese Yen - notice the
HUGE wicks (the top and bottom of the candles), the immediate
"back and forth" movement with zero warning or technical
predictability, and the candle sizes that fluctuate violently without any
sort of uniformity.
Put simply... by "pairing" two currencies together with no reason for a
strong correlation, you end up with a pair that’s "trader suicide"!
This monstrosity of a price chart is NOT because the currencies
themselves (AUD and JPY) are "bad" or "unpredictable"... quite the
contrary, the currencies on their own are quite easy to trade. Every
single issue with this pair is simply due to the fact that they aren’t
correlated... it quite literally becomes a mess when paired together.
This happens MUCH more often than you think, and affects much
more than this one simple pair.
So, with this in mind...
Are you beginning to see why
all of these "hidden" rules of
profitable trading are so
important?
The Forex Megadroid Team did!
And guess what... we figured out how to harness all of these potential
account-killing issues and flip them on their head to make them work
for us!
Now for the BIG question... HOW did we do it??
From all of our combined research, we discovered a currency pair
that’s fundamentally grown into an absolute "perfect storm" –
something to eradicate each and every problem that plagues even the
strongest of traders, instantly!
Ladies and Gentlemen, may we present - "USD/CAD"!
Let's take a quick peek at how the modern version of this
currency pair destroys the problems that every other currency
pair faces:
 Spread - The USD/CAD has been documented internally every
single day by our team, and it’s shown and unprecedented drop
in average spread (MUCH more and much faster than any other
currency pair!) since 2009, with no signs of slowing down:
 Volume - The USD/CAD currency pair has shown an increase of
literally 1200% since 2005... and that’s during the SLOWEST
market times as well! Remember... the higher the volume, the
easier it is to get fills at the price you want (and makes test
results more realistic too):
 Range - With the increased volume of the Asian Session range,
trading the USD/CAD pair during this time has become (and will
continue to become) extremely profitable.
Of course, the session immediately following the Asian session
would HAVE to be predictable and "calm", otherwise open trades
from the profit-packed Asian session would have an extremely
high chance of being stopped out or negatively affected, making
consistent profitability almost impossible.
So, in order for USD/CAD to be perfect for us, we’d need a nice
"controlled" period of time immediately following the Asian
session (which is the European session). Take a look at what's
been happening to the European session levels during the same
few years... then remember to wipe the drool from your chin:
(Yes, you’re reading that correctly! We’ve had a steady decrease in the
movement in the European session since 2008!)
 Correlation - This one’s my favorite! As explained before, the
stronger the correlation between two currencies, the more
predictable the movements are.
Here’s a chart of the correlation between the USD index (green
line), and the CAD index (yellow line):
Not only does a strong correlation lead to easier predictability and
stability... it also provides a very strong "insurance policy" against
news releases!
Under normal circumstances, when a news release causes a specific
currency to fluctuate wildly, the currency pair itself will jump in an
unpredictable manor.
However... when the two currencies are highly correlated, BOTH
currencies will "jump" based on the news release. So, instead of a
150-160 pip move commonly seen in major currency pairs such as
GBPUSD, EURUSD, etc., you tend to see moves of 40 pips or less on
USDCAD!
Easier trade placement, more accurate predictability and a strong
fundamental backing have transformed USDCAD into the absolutely
perfect currency pair to trade.
BUT...!
As you may have guessed... it takes much more than a currency pair
to create a steady rate of return.
Now that we’ve determined the best currency pair, and why it’s the
most fundamentally sound choice for a super-safe system capable of
high returns with the lowest possible risk...
The Forex Megadroid Team has done what it does best!
The synergy between the USDCAD currency pair and the secretive
new Forex Megadroid Team project has become the perfect
combination to carry on the legacy of Forex Megadroid, bringing an
entirely new level of expectation!
We’ll soon be releasing details of our new project - we GUARANTEE
it’ll rock the foundations of the FX industry.
If you think that our first FX robot was profitable, wait until you see
what we have in store!
Thanks for reading our exclusive report and try not go on vacation
anytime soon because we have something for you that has the power
to step up your vacations by several levels!
Good trading,
The Forex Megadroid Team
Bonus observations…
1 – Less manipulation by brokers
Let’s be honest here, not all brokers work for you. Some brokers simply, and
clearly, work against you. One of the top reasons why you should trade
USD/CAD, is because it’s less manipulated by brokers. Most brokers focus on the
most “popular” pairs, like EUR/USD or GBP/USD or even USD/JPY because those
pairs are the ones traded heavily by most traders than any other pairs.
If you’re trading with a dealing-desk broker, or a broker that wins when you lose,
you should be focusing on trading less popular pairs to be able to trade safely and
make more profits from your trading efforts.
When you trade USD/CAD, you would still be trading one of the major pairs. But
because it’s not as popular as any other pair, you can trade – under the radar –
and expect a lot less manipulation by brokers, if any.
That means more accurate trades and more profits, because your winning rate
would be higher than “usual”. What makes this even more profitable is when you
trade USD/CAD during sessions with less spreads than any other trading time.
Like the Asian session for example.
Trading USD/CAD insures that you get less manipulation from brokers, and
trading during more quite periods like the Asian session insures that you get less
spreads. Plus of course, you would be trading with more accuracy.
2 – Clear Price Patterns
Trading is all about following the patterns. Trends, waves, support and resistance,
heads and shoulders, double tops, and candle formations like pin bars and inside
bars… all are nothing more than price patterns.
When the pair has a lot of liquidity, like the USD/CAD pair, you can easily identify
price patterns. Not only that, but you can expect to see them even when you’re
trading smaller time frames. That simply means you can trade anytime you like
and make as much profits as you like from those patterns.
Let’s talk about only one pattern as an example. Gaps.
With most pairs, you would have to wait for a long time if you wish to trade Gaps.
If you captured one or two Gaps per week, then you would be a very lucky
trader.
Here is a screen shot for USD/CAD 30 Minutes time frame. Count with me …
I’m not saying that you should trade all of them, only according to your own
system’s rules and specific requirements. The point is, if you could only trade 3
formations from the 6 formations above, that means you would have 3 trades
within few minutes.
Let’s say for example that you’re scalping the 15 Minutes Chart. Here is an
example of a Gap pattern that made 25 Pips in less than 1 hour during Asian
session:
3 – Profitable with small time frames
The main problem with almost all currency pairs is that they’re only profitable to
trade when you choose higher time frames. And you would always hear the same
advice over and over: the higher the time frame, the better results that you
would. This is true, for most pairs. However, USD/CAD is different.
Because of the high liquidity, you can expect to see more accurate signals from
your trading system or your trading strategy, even if you’re trading 5 minutes, 15
minutes or 30 minutes time frames.
Actually, with USD/CAD it’s better if you trade smaller time frames!
Can you see the difference? With EUR/USD 5M chart, you can find a lot of market
noise, meaningless candle patterns, and almost no clear waves at all.
On the other hand, when you move to USD/CAD 5M chart, it’s just like you’re
trading 1 hour time frame. Candle formations are still valid, and price waves are
clear with less market noise.
4 – More Effective Support/Resistance
When a currency moves fast and within wide ranges, it’s usually respects support
and resistance levels more than narrow ranging pairs. The effects of this actionreaction movement is the ability to profit by selling at major resistance levels and
buying at major support levels with higher accuracy.
Here is an example of how USD/CAD respects support and resistance levels in
ranging movements. We could simply use this strategy to scalp 20 pips on
average from each trade (We had 3 trades in this example alone) :