Here is an automatic currency trading system, that’s been used by some of the world’s best traders and its totally free for you to use. Take a look at how it can lead you to currency trading success. Everything you need to know about it is enclosed…

The History

This currency system dates back to the late seventies, when trading legend, Richard Donchian noticed a reliable 4 week cycle in commodity markets and while designed to trade commodities, it works on any trending markets and as we all know – currencies offer great trends.

The System

You won’t find a simpler system than this. Its based on one rule only and you don’t even need a computer to do the calculation, you can do it on paper – here it is:

Buy a new 4 week high in a currency and reverse the position to a short, on a 4 week low. Keep an open position in the market at all times and keep reversing from a high to a low and vice versa, on the next 4 week high or low – that’s the rule.

Its simple – but it works and will continue to work for the following reasons:

Why it Works

It works because it’s based on sound market logic that never changes which is:

Currencies will trend for long periods and they will invariably start new trends and continue them, from breakouts to new market highs or lows.

All the best currency trading systems are simple.

There is no correlation between complexity and success. Despite the fact that it makes money (test the rule and you will see how much), most traders simply won’t or can’t follow it.

Why Most Traders can’t follow it

Most traders like to believe all the over the top copy from the junk robot vendors, that have never made any money – but claim to do so. They base their claim upon back tests and simulations knowing the closing prices, which obviously means nothing, in terms of what a user will make.

They like the trendy names and the idea of profits with no drawdown (dream on!) and dismiss this one as to crude and to simple – despite the fact it makes cash and that’s what a system should be judged on.

Others simply can’t stick with it because, it’s so long term and is not to bothered about prediction (traders love to try and hit pinpoint market tops and bottoms even though it’s impossible) and simply cannot execute the signal which is totally objective.

Big Long Term Profit Potential in 15 Minutes a Day

If you are not worried about a fancy name, a glossy pack and promises which are based on hype, this automated currency trading system can give you the potential to, seek long term profits in around 15 minutes a day.

Take a closer look at the system, its simple to understand, makes money, has been used by savvy traders for a quarter of a century, will never go out of date and best of all – its free! Take a look at what it can do for your currency trading strategy and you will be pleased you did.

FREE ESSENTIAL FOREX TRADING PDF’s!

For 2 essential free trading Pdf’s and an essential FREE Currency Trading System and an exclusive Currency trading Course visit our website.

Edinburg, Texas — U.S. Border Patrol agents

click for hi-res A false compartment in the front of a travel trailer was packed with 94 bundles of marijuana.

assigned to the Rio Grande Valley sector seized more than 4,200 pounds of marijuana valued at more than $3.3 million this past weekend.

Two notable seizures occurred at the checkpoints south of Falfurrias and Kingsville, Texas.

On Saturday, a Border Patrol K-9 team at the Sarita Checkpoint located on Highway 77, alerted to a travel trailer. A closer inspection of the trailer revealed a false compartment at the front of the trailer loaded with 94 bundles of marijuana which totaled 2,180 pounds.

Sunday, agents working at the Falfurrias checkpoint on Highway 281 seized 1,329 pounds of marijuana after a canine alerted to a tractor trailer. The tractor trailer was referred to a secondary inspection area where a non-intrusive imaging system revealed 112 bundles of marijuana within cardboard crates in the cargo area of the trailer.

	click for hi-res Cardboard crates in the back of a tractor trailer stopped at a Texas border checkpoint concealed 1,329 pounds of marijuana.

The Rio Grande Valley Sector weekend seizures totaled 4,243 pounds of marijuana with an estimated street value of $3,394,752.

The Drug Enforcement Administration assumed custody of the narcotics, conveyances and all subjects.

To report suspicious activity, contact the Rio Grande Valley Border Patrol Sectors’ toll free telephone number at 1-800-863-9382.

U.S. Customs and Border Protection is the unified border agency within the Department of Homeland Security charged with the management, control and protection of our nation’s borders at and between the official ports of entry. CBP is charged with keeping terrorists and terrorist weapons out of the country while enforcing hundreds of U.S. laws.

Calexico, Calif. - In an effort to assist all travelers in becoming compliant with the Western Hemisphere Travel Initiative and in obtaining approved travel documents for crossing into the U.S. by land and sea ports of entry, U.S. Customs and Border Protection is teaming up with the U.S. Department of State to host a U.S. passport card and passport fair in Calexico on Tuesday, September 29.

Since June 1, U.S. and Canadian citizens have been required to present an approved travel document when entering the United States at a land or sea port of entry. These travel documents include a U.S. passport card, passport, as well as a Trusted Traveler Card (SENTRI, NEXUS or FAST) or an Enhanced Driver’s License.

U.S. Customs and Border Protection is encouraging travelers who do not already have approved travel documents to take advantage of this convenient opportunity to apply with the U.S. Department of State for a passport or passport card.

The event will be held:

Tuesday, September 29, 2009 – 10 a.m. – 2 p.m.
Woman’s Improvement Club
320 Heber Avenue
Calexico, CA 92231

	click for hi-res

Applicants can bring photos, or have them taken onsite for a fee. They also need to bring evidence of U.S. citizenship, a document establishing identity, and a check or money order to pay for application and execution fees. Full details on requirements for applying for a passport or passport card are available at On the State Department Web site. For more information on the Western Hemisphere Travel Initiative, visit the U.S. Department of State or WHTI Web sites. ( U.S. Department of State ) ( Western Hemisphere Travel Initiative )

CBP encourages individuals to apply for the passport card enabled with Radio Frequency Identification technology. When read by CBP, an RFID chip embedded in these documents transmits a unique number to a secure database as the traveler’s vehicle approaches the border, enabling CBP officers to verify the traveler’s identity and citizenship more quickly than ever. No personally identifiable information is stored on the chip or transmitted when the RFID chip is read.

Facilitative technologies, such as RFID, provide CBP officers the ability to remain more attentive and vigilant during the inspection process, focusing more time and attention on travelers, with less time spent performing manual data entry queries.

U.S. Customs and Border Protection is the unified border agency within the Department of Homeland Security charged with the management, control and protection of our nation’s borders at and between the official ports of entry. CBP is charged with keeping terrorists and terrorist weapons out of the country while enforcing hundreds of U.S. laws.

Bank of America has launched a last-ditch attempt to shield its most senior executives from allegations they misled shareholders, after the New York attorney general, Andrew Cuomo, signalled that he was close to laying charges against them.

The legal controversy over BofA’s acquisition last year of Merrill Lynch appears close to a denouement, after Mr Cuomo said he had found four occasions on which executives should have revealed important information about spiralling losses and expenses at Merrill.

But BofA has hit back, insisting that a December document outlining the Merrill acquisition ahead of a shareholder vote “did not contain any false or misleading statements”.

The bank’s legal adviser, Lewis Liman, wrote: “Bank of America and Merrill Lynch properly reported Merrill Lynch’s results when they were required to do so – after the close of the quarter.”

BofA shareholders were so furious to discover the mounting losses at Merrill that they stripped Ken Lewis of his role as chairman at their most recent annual meeting. He remains chief executive, but has spent the year under legal and political pressure to explain what he knew about Merrill’s finances in the days leading up to the shareholder vote to approve the deal on 5 December.

By the end of the month, Mr Lewis had told the government he was considering invoking a “material adverse change” to annul the deal before it closed on 1 January. Both the Treasury and the Federal Reserve pressured him not to do so and the deal went ahead, with the government later giving $20bn in aid to help cover Merrill’s losses.

Mr Cuomo says that BofA was having internal discussions about the “material adverse change” clause before 5 December. He also says BofA executives knew Merrill was planning to bring forward staff bonus payments to a date before BofA’s formal takeover.

And the two sides are engaged in a legal row over whether BofA’s in-house and external lawyers should reveal the details of their advice on when and what information should be revealed to shareholders. Mr Lewis and other executives have said their decisions about when to disclose Merrill’s bonuses and losses were taken on the basis of legal guidance.

One of the in-house lawyers who gave advice on the material adverse change issue before the shareholder vote was made redundant the next week.

Forex trading system software can be expensive, worthless and can cost you a lot of money. Before we get into forex trading system software, let’s discuss the basics of forex trading.

Forex is short for foreign exchange market. Forex is an investment wheel which deals with the authorized exchange of one currency for another form of currency. Brokers are required to keep track of all forex transactions that involve an exchange of currency. It doesn’t matter of the customer uses a check, a investment, or a bank exchanging currency.Accredited brokers track all legal currency transactions that occur on the exchange.

Many currency exchanges are happening everyday illegal and legal. Still, it is only considered legal when recognized by the CFTC which is an acronym for Commodities Future Trade Commission. Many unadvised exchanges that take place exist outside the forex trading legality, typically consist of single investor trades. Even though an unadvisable method, it happens everyday around the clock for many many reasons.

Let’s go over one of the foreign currency exchange market differences. The Forex is an investing market but it differs from the stock market in many ways. Forex trading is a huge, international trade market, and it is effected more than stock trading. Which means, if the stock market is doing horrible like it has been lately, the forex market will not be affected by this. They do not work hand and hand. There is definitely more money to be earned in the Forex market as opposed to the stock market. It is the largest market in the world which see’s more than 3 TRILLION dollars in trades per day! Most of the trillions of dollars though are coming from large financial institutions such as large corporations or banks, single investors make up a small amount of the trade market.

The forex has a huge advantage over the stock exchange because it is not regulated heavily like the stock exchange. There may be a few huge accredited financial institutions monitoring the forex market. Which means since there is no regulation, there is no telling how much money you can earn easily! You need to jump right into the system before it gets regulated and earn all your money while you can before it is to late.

I have been trading forex currency for over 10 years. The dangers of forex trading are so minuscule compared to the rewards. You really need to live on the edge and take a chance by investing in forex trading. There are many free courses out there that will train you exactly on how to trade in this highly profitable market. You can throw your 9-5 day job out the window and just strictly invest in forex trading. I am averaging over $300,000 dollars a year. I have developed one of the best forex trading education simple to use systems out on the market. There is no need for a forex trading robot, they make mistakes and are not human. You may lose so much money if you decide to go this route.

John Callingham has been teaching traders all over the world about forex trading system software. His award winning course shows some of the best forex trading strategies in the industry. Learn more about John’s course at ForexReviewInsider.com

The Justice Department has asked a Boston judge to dismiss a lawsuit that claims a federal law defining marriage as a union between a man and a woman is unconstitutional.

The lawsuit claims the act wrongly denies gay couples access to federal benefits given to other married couples.

In court documents filed Friday, the Justice Department makes it clear the Obama administration thinks the law is discriminatory and should be repealed. But the department said it was defending the statute because the law is “constitutionally permissible.”

The 1996 federal Defense of Marriage Act bars federal recognition of gay unions and denies gay couples access to pensions, health insurance and other government benefits.

Seven gay couples and three widowers from Massachusetts filed the challenge to the law earlier this year.

There are traders who trust their money to an automated trading system and others like to pull the trigger, here are the advantages and disadvantages of each…

Let’s look at both methods in more detail.

Automated Trading

1. Time efficient

Once you a system, all you need to do is follow the signals and this should take you around 30 minutes a day.

2. Objective

All you do is follow the trading signals, so it gives you a consistent, objective way of trading the markets and executing trading signals.

Disadvantages

1. Losing Periods and Discipline

The major problem comes when you have to apply the system with discipline through losing periods.

Don’t believe what some vendors tell you about trading with little or no losses. A losing period can last for weeks or even months and you have to stay disciplined and keep executing the system. This means you must have confidence in your system and know how it works, to keep going until you hit a home run.

2. Beware of the Myth

There is a view that you can make money with automated forex trading with little or no risk and not even understand what your doing – this is rubbish.

There are many vendors selling forex robots who will tell you this and the ones that do, normally only have a simulated, made up track record and that’s just a test not real money.

If you trade a forex trading system be realistic.

Annually, with a proven system you can compound about 30 – 100% on the best systems; your drawdown will be typically 30 – 50% and last from a few weeks to a few months. These are the best systems and what you can expect.

Manual Trading

Most people who claim that automated trading is superior to manual trading forget one key point – any computer is only as good as its rules and there made up by humans also, a human can do something a computer cannot – it can think for itself. This is a huge advantage in trading and most of the major funds, banks etc don’t rely on total automation, they rely on humans and their judgement.

The application of mathematical theories cannot beat the market as many claim – why?

Because markets don’t move to a mathematical formula!

Think about it, 50 years ago 95% of traders lost and the same ratio applies today and that proves the point. In the period vast strides have been made in PC processing power and software but it hasn’t helped the losers.

If you are playing an odds market which forex is, the human brain is more powerful than any computer in terms of it has the advantage of independent thought. The myth that computers are superior to humans as traders is absolute rubbish – there as good as the human who programmed them!

So which is best?

I think there are some good forex trading systems and they can make money but I like to run both manual trades and automated programs. In manual trading I still have rules but can adjust money management and other parameters and feel in control.

The World’s Most Powerful Computer

People who say that markets can be predicted are talking rubbish and with a technical system all you can do is react AFTER The event. A human can see the whole picture – fundamentals, sentiment, technical levels and make a judgement BEFORE the event. Don’t under estimate your human brain!

Combine the Two

The choice of manual or automated trading is a personal one but my choice is a combination of the two and all my trading has manual override and in an odds based market, that’s a huge advantage to have.

NEW! 2 X FREE ESSENTIAL TRADER PDFS
ESSENTIAL FOREX TRADING COURSE

For free 2 x trading Pdf’s and more on this great FREE Forex Advice and an exclusive risk free Currency trading Course visit our website.

The United States joined four other nations in signing an international plan to protect ships and thwart piracy off the coast of Somalia.

“We realize that the fight against piracy in the Horn of Africa region cannot be solved entirely at sea. Other measures that must be taken include having affected states adopt legal measures to prosecute suspected pirates,” U.S. Ambassador Rosemary DiCarlo said September 9 at the signing ceremony. Britain, Cyprus, Japan and Singapore joined in signing the declaration.

While the plan, known as the “New York Declaration,” is not legally binding, it commits nations that hold ship registries to adopt “best management practices” for enhanced ship security to protect them from piracy attacks. Some of those practices include increasing lookouts, ensuring that ladders are raised and readying fire pumps to repel boarders.

DiCarlo said that so far this year there have been 138 pirate attacks off the Horn of Africa, and 33 were successful. And according to the International Maritime Organization, in 2008 there were 135 attacks and 44 resulted in hijackings. Pirates have largely enjoyed free reign over Somalia’s east coast and the Gulf of Aden, where approximately 20,000 cargo ships a year sail to and from Egypt’s Suez Canal, carrying a tenth of world trade.

The declaration was first proposed in May by Panama, the Bahamas, Liberia and the Marshall Islands, which represent four of the biggest ship registries, at the third international Contact Group on Piracy off the Coast of Somalia conference in New York. They have already signed the declaration. The group of almost 40 nations and international organizations met September 10 at U.N. headquarters.

The Contact Group was expected to discuss coordinating international naval patrols, shipping self-protection measures and efforts to discourage the payment of millions of dollars in ransom to pirates.

Assistant Secretary of State Andrew Shapiro said in Washington September 9 that the New York Declaration represents, in part, what Secretary of State Hillary Rodham Clinton has called “a 21st-century solution to the 17th-century problem” of piracy on the high seas.