The Profit Taker

MT4 Expert Advisor

User Guide

TheProfitTaker.com

Disclaimer:

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for everyone. Past performance is not
indicative of future results. The high degree of leverage can work against you as well as for you. Before getting involved in
foreign exchange you should carefully consider your personal venture objectives, level of experience, and risk appetite. The
possibility exists that you could sustain a loss of some or all of your initial deposit and therefore you should not place fu nds that
you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice fro m
an independent financial advisor if you have any doubts.

The information contained in this web page does not constitute financial advice or a solicitation to buy or sell any Forex contract
or securities of any type. ForexStrategiesWork.com or TheProfitTaker.com will not accept liability for any loss or damage,
including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such infor mation.

Past results as represented in these testimonials are not necessarily indicative of future results or success. Testimonials may
not be representative of all reasonably comparable clients. Forex trading involves significant risk of loss and may not be
suitable for all investors.

ForexStrategiesWork.com or TheProfitTaker.com makes no claim or representation regarding, and accepts no responsibility

for, the quality, content, nature or reliability of third-party websites. ForexStrategiesWork.com or TheProfitTaker.com do not
endorse nor do we promote the activity of MyFxbook Ltd. Any statements regarding income, whether expressed or implied, do
NOT represent a guarantee. No representation is being made that any account will or is likely to achieve profits or losses
similar to those shown. ForexStrategiesWork.com or TheProfitTaker.com will not accept liability for any loss or damage,
including without limitation to any loss of profit, which may arise directly or indirectly from use of or reliance on

such information.

TheProfitTaker.com

Disclaimer:

Your Capital is at Risk. Nothing is ever guaranteed.

Please use ONLY risk capital. You have a high

chance of success.

TheProfitTaker.com

Fully Automated or Semi-Automated



There are benefit to both…



I must say this… with Fully Automated Mode… there
will be a day, we will be stopped out and our Portfolio
will take weeks to recover.



This is where some of our experienced users choose to
go with Semi Automated mode.

TheProfitTaker.com

How does it work for

Semi-Auto Mode?



For semi auto mode, you are always in control.



Some work is needed… perhaps choosing a Forex pair
to trade a day.



You will also choose the direction to trade.



Long or short.

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How to decide long or short?



You can use any way you feel comfortable, but this is
how we would do it.



We decide to go long or short for a Forex pair every
day in Semi Automated mode.



We will analyze ONLY using DAILY Chart

TheProfitTaker.com

Draw the Trend Line…

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If the Trend Line is Broken,

then no trade… (or next pair)

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Trend Line Integrity

• As long as the trend line is not broken on the daily chart, then we will

continue to trade with the trend.

• If the trend line is broken, we will stay away until another trend line can be

drawn.

• Do NOT attempt to call market tops or bottoms. The trend is your friend. We

only trade with Trends! NO Reversals!

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Deciding Long or Short

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Choose “SHORT” if Bearish

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Choose “LONG” if Bullish

TheProfitTaker.com

Choose “LONG & SHORT” for Fully

Automated Trading…

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It’s Simple to Trade The Profit Taker!

• Most likely, you only need to decide once a week on the direction since it’s

on a daily chart.

• Rinse and repeat every week.
• If you have no clue on what to trade, you can also follow our Daily Trade

Recommendation. Just trade in the direction of our recommendation.

• Sign up here >>>

http://www.forexstrategieswork.com

TheProfitTaker.com