“Everyone dreams about earning at Forex market, but not everyone succeeds,” say analysts. Reasons for such uncheerful state of affairs are many, from bankruptcy of Forex brokers to lack of traders’ professionalism, who do not understand the logics of currency movements, try to take into profit correction, but not trend, disregard money management, etc.
Experienced traders of Masterforex-V Academy, which is currently considered “The Best Forex Studying Project in Europe”, have started the whole series of articles, blogs, and seminars for beginning traders, which can help them not only to grasp the basics of work at forex, but also the secrets of trade that are not outlined in literature. The first of them was an article about secrets of earning on currency swaps: “Swaps at Forex: How to Earn, but not Lose 3000 Dollars per Year”.
“The point of this aspect of swap use in Masterforex-V Trading System is very simple and original,” stated a well-known Canadian expert and the head of “Pro-rebate Auto trading" project Evgeny Olkhovski in his interview to the “Market Leader”. For those who feel discomfort and psychological problems in trading, MF Academy recommends to start trade with currency pairs, which give positive swap with highest probability. As an example, for “buy” deals held on currency pairs a Forex broker NordFx gives rather good daily swaps amounting to:
- 5 dollars per day from every lot for AUDJPY currency pair;
- 4 dollars per day for AUDCHF and NZDCHF;
- 3 dollars per day for NZDJPY, etc.
“Which currency pair and when should one open offers on is explained at the lessons, judging from current intermediate-term trend; but even what gets in open access already deserves respect and admiration,” admits Evgeny Olkhovski.
- "Market Leader": Could you give specific examples in order to make sure in verity of your words about profitability of using currency swaps?
- Evgeny Olkhovski (pro-rebate.com): Of course, for example, pay attention to a screenshot of open deals on AUDJPY, AUDCHF, and NZDJPY. At the balance of -3.42 dollars the swap compensates an 0.40 dollar loss if one trades 0.01 lot or 11%. One has to agree that from the point of view of trading psychology, which is one of the main reasons of loss sustained by beginning traders, having a “safety cushion” in the form of additional swaps given by the broker is rather convenient and profitable.
- "Market Leader": Can successful offers be copied via your service for free?
- Evgeny Olkhovski (pro-rebate.com): Yes, our project pro-rebate.com has received exclusive rights for copying a range of accounts, which surprise by their stability of earning from 10% per month at 96%-100% of successful deals; for example,
- Forex Advisor VV1010840:
- Advisor VV1004185:
- "Market Leader": What is the average rate of profit per month for a trading system with use of swaps?
- Evgeny Olkhovski (pro-rebate.com): The average profit is about 9-15% per month in currency. The important thing here is not so much the profit itself, but psychological tranquility of a Forex trader, for if profit cannot be gained today, your real trading account gets... 4-5 US dollars from every lot.
- "Market Leader": In other words, one week of a trading account in a “drawdown” is compensated by 28-45 dollars from a Forex broker; is that so?
- Evgeny Olkhovski (pro-rebate.com):Yes. I was personally impressed by logics and ease of the method, applied by Masterforex-V Academy, especially after online monitoring, which is available for anyone on our web site via international service myfxbook.com.
- "Market Leader": For free copying of accounts that use swaps, should one simply open a trading account in any Forex broker company that works with you?
- Evgeny Olkhovski (pro-rebate.com):Yes, at present free copying of offers (including by swaps) is provided by such serious broker companies as FxPro, FIBO GROUP, NordFX, Fort Financial Services, HY Capital Markets, ActivTrades, etc.
- "Market Leader": Do traders who copy offers via pro-rebate.com also get discounts for studying in Masterforex-V Academy?
- Evgeny Olkhovski (pro-rebate.com):Yes, we are truly interested in the fact that traders and investors get stable earning, but not lose their means at Forex market, as we get a percentage from this, 90% of which we give to traders. I usually explain investors from 10 ths. dollars, who get free study in Masterforex-V Academy (at smaller deposits – discounts), the following: you have to learn how to understand every action at Forex market, and even if you do not have time for trading on your own, you will always distinguish an experienced and talented trader for... 1-2 days of his trade on your account. This is taught by the Academy to experienced traders and beginners when working with currency swaps, FZRs, trend corrections, via unique indicator AO Zotik, moving averages MF, and other instruments, the results of which we see online via pro-rebate.com. When 50 traders of Masterforex-V earn over 11 ths. points of profit for 2 weeks of November, this deserves respect in the world of investment.
- "Market Leader": What are the main nuances of working with swaps? Could you say at least in general terms?
- Evgeny Olkhovski (pro-rebate.com):Although nuances are not so many, their explanation will take a lot. Therefore, I will put it briefly – Trade by the trend towards a positive swap. For readers, interested the topic of swaps, I would recommend starting to study this question with an article “Swaps at Forex: How to Earn, but not Lose 3000 Dollars per Year”. It will help you to go deeply into the point.
“Who scents the wind of change, has to build not a windscreen, but а windmill,” teaches the great Chinese saying.
