83# Forex Profit Monster Forex System
Forex Profit Monster is an easy to use mechanical trading system that helps take the guesswork out of trading the Forex market. It's a manual strategy based on momentum and price action that includes a set of custom indicators and custom templates to automatically set up your charts.
Forex Profit Monster comes as a complete forex trading system including several e-books on how to trade Forex, so even if you've never traded before you'll get everything you need to learn to trade!
Forex Profit Monster is designed to be used with the FREE MT4 trading platform and will provide clear entry and exit signals on all Forex pairs.
If you're unfamiliar with MT4, Forex Profit Monster includes complete instructions on how to get your free copy of this professional charting platform,
and comes with a list of brokers that provide free practice accounts with real time Forex streaming data so you can practice and learn to trade without risking a penny of your money!
Forex Profit Monster will take your MT4 charts from looking like this:
if you can tell up from down and green from red, you can learn to be profitable trading with Forex Profit Monster!
The Forex Profit Monster 'Dashboard':
Forex Profit Monster is made up of the following components as numbered above:
1. FPM Entry Alert Arrow Indicator
2. FPM Fast Trend Indicator
3. FPM Slow Trend Indicator
4. FPM Trend Power Indicator
5. FPM Average Daily Range Indicator
6. FPM Real Price & Price Channel Indicator
7. FPM Support & Resistance Indicator
8. FPM Clock and Broker Spread Indicator
9. FPM Exit Arrow Indicator
All Forex Profit Monster components and how they're used is explained in detail in the 35 page Forex Profit Monster Installation Guide & User Manual.FOREX PROFIT MONSTER ENTRY METHOD
Entries are as easy as 1, 2, 3 with Forex Profit Monster!
1. Get an FPM Arrow Alert that the trend is changing;
2. Wait for the FPM Fast Trend to agree;
3. Wait for the FPM Slow Trend to agree... and you're in!
Below is an example of a "short" or "sell" trade:
FOREX PROFIT MONSTER EXIT METHOD
Exiting a trade with Forex Profit Monster is just as easy. You have 3 choices of how to exit;
1. Exit at the FPM Support or Resistance (automatically plotted on the chart) or...
2. Exit when you get an FPM Exit Arrow (small white arrow) or...
3. Exit when the FPM Fast Trend Indicator no longer agrees with the FPM Slow Trend Indicator.
See the example below of the three types of exits:
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