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WWW.FOREXPROFITMAGIC.

COM
Forex Profit Magic
Trading System
User Guide
Alexander Hamilton

“This Forex Profit User Guide entails the basic information you need to make the most of Forex
Profit Magic Trade Alert Software. If you need help email: support@forexprofitmagic.com and
we’ll be glad to help. If you have ideas on how to use Forex Profit Magic outside what we’ve
recommended, it’s advisable that you test it on a DEMO account before switching to a Real
Forex Profit Magic

Money Account..

Table of Contents
Getting Started.............................................................................................................................................. 3
Metatrader and Forex Broker(s) ................................................................................................................... 4
Installing Forex Profit Magic Trade Alert software ....................................................................................... 5
Activating Forex Profit Magic .................................................................................................................... 7
Money management..................................................................................................................................... 8

Brought to you by,

Alexander Hamilton & Forex Profit Magic Team

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Getting Started
Congratulations for securing a Copy of Forex Profit Magic Trade Alert Software.

Whereas trading Forex can be very lucrative, it also carries with it a substantial amount of risk. It’s
therefore important that there is no form of inattention or negligence whatsoever.

Please keep bear the following in mind:

1. Journaling – Research shows that keeping poor records and having no clear goals is the number
reason why small businesses fail before they reach three years. Traders who don’t take their
trading seriously as if it were a business do fail in their first 24 months. The Secret/ magic of
succeeding in Forex are doing well in the small things that majority of traders overlook. One of
these things is Journaling. Keep tab of your system expectations and daily/ periodical
performance is key in succeeding in your trading efforts. I can’t dictate how you keep your
records, whether it’s a scrap book or an online excel sheet, you have to decide for yourself so
that you can also take responsibility. ACTION: Decide how you’ll be keeping tab of your trading
activities whether through excel, a black book or a small notebook; until you start writing down
your experience in trading.. then you haven’t started trading yet!
2. Set Goals – Why do you want to start trading or why do you trade? To pass time? To make a
money? Self employment? Part time? Just trying out? – If you don’t have a vision in your trading
there is no way you can set substantial goals. You need to decide why you want to trade. If you
trade to triple your account in a month, then you’ve failed even before you start your trading.
There are two driving factors that should influence how you set your goals: Capital Growth and
Profits. If you start with a $250 account then it would be unreasonable to say you have a goal to
earn a weekly income from your account. Your goal for a small account should therefore be on
capital growth before you can start cashing out. ACTION: Based on your available trading funds
set goals and system expectancy, set goals of where you want to be in 6 months or 1 year, then
break down to what you have to achieve every month and what you need to do every week/
daily to achieve that target.

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3. Consistency - Successful people have one thing in common: They have a certain way of doing
what they do to get what they get. There is a saying’ constant water dripping on a stone will
eventually make it hollow. It’s not the big gains that make your trading profitable, but it’s the
average small profits that pile up CONSISTENTLY resulting to huge gains which result to income
or increased capital growth. ACTION: Determine how much time you have in a week, (Monday
to Friday) that you can dedicate in your trading: see if you can manage to have some time for all
5 days or 3 days or 1 day. For example, I can trade 3 days a week, minimum 1 hour and a
maximum of 4 hours in one session/ two session (please don’t copy my example – create yours
so that it can fit your UNIQUE situation and that way you can take responsibility of the routine
you create).
4. Discipline – As an adult, the definition of discipline is doing EXACTLY what you’ve set yourself to
do, no matter the circumstances. And when you are not in a position to fulfill then you put it on
record that missed to do a task because of abcd.. There is power in recording your failure and
inadequacies because it’s a promise to your inner self that you’ll do better when you have
another chance. ACTION: Based on what we’ve discussed above, decide how you’ll be
journaling, what goals you want to achieve, what trading routine you want to follow. Then be
disciplined to do EXACTLY what you’ve set yourself to do.
5. Celebrate – Sometimes trading can be a lonely affair. In most cases you’ll discover your
significant others have the least interest in trading. Getting someone who understands your
trading challenges and what it means to overcome them can be very supportive and contribute
much to your success in trading. ACTION: Identify a trader in your level (not a guru/ mentor). I
know there is a saying that that two blind people can lead each other as they will fall into a pit.
But on the contrary, someone who has the same challenges as you is the best person to
celebrate small successes that would otherwise not matter to a GURU. If you have no trading
friend then find a way to celebrate i.e. even taking a break from your computer and taking a
cold drink from the fridge can be a way to celebrate your baby steps in trading. Trading is not
just about making money, as you’ve seen in the last four points.

In concluding, I want to aver that I can’t tell you how trade and achieve your goals, but with Forex Profit
Magic you can achieve your goals much faster and remain a trader for longer  ( I had to throw that in,
as majority of traders have a trading span shorter than a Hollywood Marriage).

Metatrader and Forex Broker(s)


Forex Profit Magic Software only works with Forex Brokers that use MetaTrader (MT4) as their trading
platform.

The Forex Profit Magic team has extensively tested Forex Profit Magic with two forex brokers and its
works just fine. Whereas brokers may be using the same platform they differ in many other ways, like
how they deliver price feed, if they accept short span trade’s e.t.c. Here are the brokers that we’ve
worked with and we recommend that you open an account with them.

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If you already have an MT4 broker, that’s fine. But as far as we are concerned we believe new ideas
deserve freshness. Start on a clean slate and take responsibility in your trading going forward.

If you need help installing Metatrader Contact the support department from respective broker. You
however, need to have installed Metatrader before you can Install Forex Profit Magic Trade Alert
Software.

Installing Forex Profit Magic Trade Alert software


Forex Profit Magic comes in two SEPARATE Trading systems

1. FPM_Swing.exe (for Swing Traders)


2. FPM_Scalper.exe (for Scalping Traders)

As discussed in the getting started section above, we cannot dictate what system is suitable for you, as
Forex Profit Magic was designed to Suit a traders unique Situation.

Swing Trading is a trading methodology that attempts to capture gains in a currency pair within 1 to 4
days. This means that a trader can take fewer traders in a week and yet make substantial gains.

Scalping is a trading methodology that seeks to capture small price movements which results to many
trades in a day to accumulate substantial profit.

To decide what trader you want to be depends on a number of factors, the main one being the amount
of time you have dedicated to trading and more importantly the amount of trading capital available.

Here are the results of how Forex Profit Magic Swing and Scalping Systems performed in various
accounts in an a period of six months

System $250 Account $1,000 Account $10,000 Account


FPM Swing 590.37 2,344.72 24,374.19
FPM Scalper 1,413.70 5,637.34 48,442.22
KEY: The figures in blue are the result of each account under a specific FPM system in 6 months. You can
view the statements here

IMPORTANT: You MAY NOT use the two systems (FPM Swing and FPM Scalper) on the same trading
account. If you must use the two systems then please open two trading accounts and dedicate each
system to a particular account. Again you may NOT interchange the systems in the same account.

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NB: If you break any of the rules duly noted IMPORTANT, well the earth will not swallow you but
remember you cannot manage what you cannot measure. So make sure you have a CONSITENT history
of each system in a dedicated trading account.

REMEMBER: You can always have More than one MetaTrader installed but must be from different
brokers for it to run simultaneously.

Set up Instructions

Once you’ve decided which trader you want to be, then install either FPM Swing or FPM Scalper.

Make sure that no metatrader is running .Click on the installation file – A popup screen will follow

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Here instruction for manual install:

1) Copy ex4 files from folder "indicators " into your C:\Program
Files\MetaTrader 4\experts\indicators folder

- ex4 files from folder experts " into your C:\Program


Files\MetaTrader 4\experts\ folder
- .tpl files into C:\Program Files\MetaTrader 4\experts\templates folder

2) Close your MetaTrader application (assuming it's currently open ...


Ignore this if the
application hasn't been launched)
3) Launch your MetaTrader application
4) Right click on chart
5) Open TPL file

DONE

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When all indicators turn blue we BUY.. when any of the four indicators change color we exit the trade

When all indicators turn Red we SELL.. When any of the four indicators change color we exit the trade.

 Entry signals is marked by Arrow (Red/Blue)


 Exit Signal is achieved either by take profit levels or a change in color of any of the four
indicators contrary to the colors of the entry signals.

I’ll repeat

When all indicators turn blue we BUY.. when any of the four indicators change color we exit the trade

When all indicators turn Red we SELL.. When any of the four indicators change color we exit the trade.

 Entry signals is marked by Arrow (Red/Blue)


 Exit Signal is achieved either by take profit levels or a change in color of any of the four
indicators contrary to the colors of the entry signals.

IMPORTANT: If you master the instructions on this particular page then using Forex Profit Magic trade
Alert Software will be as easy as Child play and it will generate profitable signals for you like clockwork!

Money management
Forex Profit Magic has an inbuilt money management to protect your trading account. So you don’t have
to worry about lot size and risk management. We have that taken care of.

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So how does Forex Profit magic Money management algorithm work?

1. FPM detects your account balance and outomatically determines the suitable lot size for
given account
2. FPM Detects the number of open trades and puts a cap on maximum number of open
trades
3. FPM detects the available equity and determines if a signal should result to a trade.
4. FPM detects a maximum number of serial losers or serial winners and adjusts
lotsize automatically.
5. FPM detects a Trend and opens series of trades to ride the trend. As a result FPM
magically turns a 30 pips movement into a 105 Pips Gain!

We strongly recommend that you operate a demo account before trading with real money. This
will help you become familiar with the way Forex Profit Magic operates before you commit
genuine funds to a real money account.

Best,

Alexander Hamilton & Forex Profit Magic Team

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