But what would happen if suddenly, a 300 pound weight lifter joins the bullish side.

Well, it’s not hard to imagine. The bearish side ends up with their noses in the sand…

Ok. Let’s get serious.

Before I tell you the story of how this system was developed, I believe we should cover a few basic principles of forex trading first.

This will help you get a better understanding of the logic behind the system, and it will definitely help you out in the long run.

First of all, we need to understand how the current price is formed.

When a trader takes a position, there are only two variables that matter at that particular instant.

The first variable is whether the trade is bullish or bearish, buy or sell. The second variable is the size of the trade. Having said this, here’s the bottom line.

Forex traders as a group can be divided into several subgroups, and the main differences between them are the time frame that they are monitoring, and the size that they are trading with.

Therefore, if you are a scalper or a day trader, you may think that daily or weekly charts are of no concern to you. Since you enter your positions on a minute to minute, or hour to hour basis, what do you care what is happening on the weekly chart?

Well, this is exactly what most people don’t understand.

Let’s elaborate on this just a bit…

At the same time that you are watching a perfect bullish setup on a five minute chart, someone else may be witnessing a bearish development on a daily chart.

This is happening at the same time, real time – THE ONLY TIME THAT MATTERS.

Furthermore, traders or institutions that monitor daily, weekly or monthly charts are usually trading with much much larger sizes than your average day trader or scalper.

This means that when a large institution takes a bearish position, it can wipe out thousands of small traders who were placing bullish trades based on five minute, or fifteen minute chart setups.

In essence, the larger the time frame…the larger the size per trade.

Let’s take a few moments to look at the following figure:

Ok. We now understand that different traders are monitoring different charts, and that they are basing their trading decisions on different setups.

We need to repeat that.

Well, the answer is simple. They are looking at the chart. Candlestick chart, bar chart, line chart… It doesn’t really matter.

The chart is by far the most utilized trading indicator, and all of the other technical analysis indicators are derived from the information provided by a simple chart. There is really nothing more to it. The moving average, RSI, MACD and all others are just calculating the X number of bars (candles) in the past, and using different formulas to interpret the same thing. They are all just telling us what has happened in the past.

Now that we’ve established that, let’s go back to the king. The chart.

So, how do we know what makes traders decide whether a chart is bullish, bearish or neutral?

Well, we take the next logical step, we look for answers.

But, what do we do when we can’t find the answers?

We ask.

Who do we ask?

We ask those who know.

So, I‘ve asked them… Of course, I didn’t really ask them directly. I pretty much offered them a bribe…

Here’s the story.

About a year ago, I conducted an experimental survey. Basically, what I did was I sent an e-mail to a few thousand traders that are members of my free Forex Trading Newsletter.

The e-mail consisted of a hundred random forex charts, with a simple question about each chart. I asked them to decide, based on a chart ALONE, whether the next candle or bar will be bullish or bearish, a very simple question.

Furthermore, to make sure they give their best effort, I offered everyone who answers 90% or more of my questions correctly, a $200 gift.

One thousand three hundred and twenty seven traders completed the survey, while only nineteen of them got 90% or more answers correctly.

It didn’t really surprise me that the number of winners was that low. In fact, knowing the probability theory, I expected it.

I have to tell you that this was the best $3800 that I had ever spent! The information that I collected was priceless.

The real prize, however, were the answers from the 1,327 traders who gave their opinion about 100 different charts.

All together, this amounts to a hundred and thirty two thousand, seven hundred answers.

Any good pollster will tell you that statistically, this is extremely reliable data.

Once again, my goal was not to obtain the correct answers. My goal was to obtain reliable data. Furthermore, since I had provided an incentive for the survey participants, I was confident that the survey was valid.

But before I could start analyzing the collected data, I had to define what I was looking for.

Each chart, regardless of the time frame, has three properties. They are the Current Price, High and Low.

If we assume that the Current Price at any given moment is the same for all of the time frames, the most logical thing to do is find the relation that the Current Price has with the High and Low, when compared to the survey participants’ answers.

For that purpose, I’ve divided each chart into seven zones.

Afterwards, I created a graph that shows the distribution of Bullish and Bearish answers to each price zone, according to the survey results. Here is what I got:

Each zone was given a point value that represents the perception of the traders who are monitoring that particular chart.

Following sufficient performance testing, I was able to identify the point areas that give us the greatest probability that a trade will go in a given direction.

This means that the Behavioral Bias Point Count indicator measures what is happening at this exact moment, and gives the trader a priceless edge when entering the market.

Let us quickly summarize what the Behavioral Forex trading system consists of.

The Behavioral Forex trading system is made up of three elements.

[The first element is the Behavioral Bias Point Count indicator] – it identifies with great accuracy the most profitable areas to enter a trade, on either the buy or sell side. In short – it tells you WHEN to enter a trade.

[The second element is the Anticipated Volatility] – the Anticipated Volatility takes into account the current time of day, performs some very sophisticated calculations, and tick by tick forecasts the anticipated volatility over the next few hours.

It is a second generation technical indicator that tells you WHERE to place your stop loss and take profit values.

[The third element is the Fundamental Bias] – the Fundamental Bias compares how each member of the currency pair that we are trading is performing against the basket of currencies that are related to it.

It is a real time fundamental analysis filter that confirms WHETHER you should make a given trade.

The question that you may have at this point is whether the system can be used on all currency pairs.

I am sure that by now you realize, that the Behavioral Forex trading system is not an over optimized combination of lagging technical indicators that produce results only in hindsight.

You know those systems that would have made you money only if you were trading with them three or four years ago.

The system has been custom tailored to trade the EUR/USD, USD/CHF, EUR/CHF and AUD/USD currency pairs.

Another question that is by now most likely arising in your mind is how profitable is the Behavioral Forex trading system?

Or, to be more frank, how much money can you make with it…

As I’ve already mentioned, if you’ve been involved in the forex industry for even a short period of time, then I’m sure you’ve seen all kinds of promises, proofs, over optimized back-testing statements, cherry picked live accounts… Heck, you’ve probably even seen promises of 100% winning rates.

Sorry to disappoint you there… The Behavioral Forex trading system will not produce 100% of winning trades.

However, I am confident that if you implement the system precisely as instructed, the vast majority of your trades will be winning trades.

And if you don’t get carried away and expose yourself to too much risk by trading inappropriate sizes – in a very short period of time you’ll be on your way to achieving what only 5% of traders are able to do. And that is to become consistently profitable.

If at any time during the 30 days you find that my system doesn’t return profits that by large margins outperform the professional trading teams in large corporate trading houses, just let me know, and I’ll issue you a refund. Promptly and without questions. In other words, there is absolutely no risk taken on your part.

Last but not least – what about the price?

To tell you the truth, I was originally planning to sell the system for each currency pair separately.

However, seeing as how you’ve been patient and spent a good chunk of your valuable time watching and reading my presentation, I am now confident that you are really eager to succeed… therefore, I have good news for you…

For a Limited Time only and exclusively through the site that you’re visiting at this moment, you will receive the complete Behavioral Forex Trading System, custom tailored for ALL FOUR of the mentioned currency pairs! All this, together with my 30 days money-back no questions asked guarantee, for a onetime payment of only $87.

You don’t even have to say “Yes” right now. Just say, “Perhaps”.

Give it a try. Download it right now. It‘ll only take two minutes. Try it out, at your own pace.

Just pick up your copy, and take your time implementing my system. Test it for yourself, and then decide. Use the system for the next eight weeks and I am completely confident that your “Perhaps” will turn into a resounding “Yes!”

Still hesitating? I understand.