Forex trading involves buying or selling a currency and making a profit once the position is closed out. Whenever we are buying the Euro/Dollar at the entry price we are going "Long." Whenever we are selling the Euro/Dollar at the entry price we are going "Short." The same Take Profit & stop loss is used in either direction. The trading strategy that we employ involves a simplified method of entering into and out of a trade within a short time period. Most of our trades will take place anywhere between the time frame of a few minutes to several hours which is relatively fast turnover for Forex trading.

We use price charts to identify support and resistance levels that have been established by the Euro/Dollar. Criteria are then set up in order to create a trigger. Once the criteria are met, a price is identified as the entry point and the Take Profit & stop loss is set as well. These prices are all built into one order on your trading platform. <<< The image to the left gives you an idea of how an <<<<< FXDD MT4 trading platform looks.

Our Performance

At ZanzibarGlobal.net we take a conservative approach and focus on being profitable each time we enter into the market. We don’t chase trades. We wait for our criteria to be met and let the trades come to us. Also, we don’t trade excessively. Our objective is to get into and out of the market as quickly as possible. Therefore, we will NEVER force a trade. This approach increases the likelihood of us remaining profitable because we limit our exposure to the market, further reducing risk. Our method of trading is more likely to be consistently profitable than any other system that is available.

Most Recent Trade

Date	Currency	Position	Entry Price	Exit Price	Net Profit *
Oct 30	EUR/USD	Short	1.3101	1.3049	52 pips

* The net profit accounts for a 2 pip spread in EUR/USD (Euro / Dollar)