by Andreas Kirchberger

FREQUENTLY ASKED QUESTIONS

>> WHERE ARE MY BONUSES?? Your bonuses are inside ForexKillerLearningBook.pdf file. In the end of the Forex Learning Bonus book you will find second bonus - NFP strategy tips. >> I CANT OPEN DAT FILE! The Dat File is a system file. You don't need to open it or edit. >> WHAT DO YOU MEAN "Input price data for 10 periods"? You need to take data from last 10 candles with close price from the chart, begin with old and continue to new. >> I DONT UNDERSTAND HOW TO USE THE PROGRAM! Please read my "ForexKillerInstructions.pdf" to find out how to use it. >> CAN I USE FOREX KILLER FOR OTHER MARKETS ? I developed and tested it for forex market, but I think it should work well for other markets too, because math principles are the same for them. >> WHEN SHOULD I CLOSE POSITIONS? I close positions if I get TakeProfit goal or when I get opposite signal or "no trade". >> WHICH TIME FRAME TO CHOOSE? You can trade 5M, 15M, 30M and 1H for intraday trading and 4H, 1D, 1W for long term daily trading.

>> WHAT LOTS DO YOU TRADE? WHAT PAIRS? As for me I trade small lots from 0.5 to 1.2. I trade 2-3 currency pairs at the same time. (EUR/USD, GPB, sometimes CHF and JPY) Sometimes I increase lots if I get loosing trade to cover it with next profit. I close positions if I get TakeProfit goal or when I get opposite signal or "no trade". >> WHAT SESSIONS SHOULD I TRADE? Depends of your time zone where you live. I prefer trading near London session. If you are living in other time zone you can try Asia or US sessions too. The principles are the same for all sessions just price fluctuations can change little bit. >> DO I HAVE TO MONITOR THE TRADES FULL DAY? If you have free time you can monitor each trade to optimize it: increase the profits. If you are too busy you can set the orders with stop loss and take profit limits and just turn your PC off. >> WHAT STOP LOSS AND TAKE PROFIT DO YOU RECOMMEND? We recommend to use Stop Loss = 50-90 pips for daily trading (30-50 for hourly) and Take Profit = 120-150 for daily trading (50-80 for hourly). You can also expreiment with S/L and T/P. >> HOW CAN I FEED THE SOFTWARE WITH PRICE DATA? You can feed Forex Killer with data from any broker's platform, like Metatrader for free >> CAN I RUN SEVERAL COPIES OF FOREX KILLER FOR DIFFERENT CURRENCIES? Just make a copy of Software's exe and Dat files to several separate folder like FK1, FK2, FK2 and run them from different folders for each pair. In new version I will make this process more easy. Andreas Kirchberger Forex-Killer.com