4Xlounge Pro Membership Day Trading Tools

4Xlounge Pro Membership Trading Signals

Forex day trading is a short term trading style that utilizes strong risk management. A typical day trade will last 30 minutes to as long as 2 hours, but rarely longer. All day trades open and close in the same trading session. Most day trades result in a net gain of 20-50 pips (based on the ATR of each currency pair). Forex day trading is much safer than scalping because it uses proper risk/reward ratios. Meaning, your target will always be larger than your stop. A typical day trader needs to have a win ratio of 45% or greater to generate profits.

Our 4Xlounge Pro Membership includes several tools and trading systems for day traders. Day trading is very popular among equities traders and it is quickly gaining interest among spot forex traders. All trading styles require practice and consistent risk management. The learning curve for most of our trading tools is 2-4 weeks depending on the experience level of the trader.

4Xlounge Day Trading Tools & Trading Systems

4Xlounge Tech Scalper Software	Based on our Technical Dashboard formulas, our Tech Scalper provides powerful short term analysis for day traders. The Tech Scalper software allows you to view 17 currency pairs from a single view console for fast scanning and minimal monitor/desktop space. 4Xlounge Tech Scalper has 6 different time frames; 5min thru daily. The 5 minute, 15 minute and 30 minute time frames are excellent for day traders. The Tech Scalper algorithm draws from over 20 indicators for fast powerful real-time analysis.
4Xlounge Trend Map Software	4Xlounge Trend Map is a powerful trend analysis tool. You can measure trend strength in 5 different time frames + global trend strength. You can also view a history of trend strength per interval in each time frame. The Trend Map 5 minute and 15 minute intervals can be used to scan the market for short term trend trades. Trend Map is very reactive to market changes and perfect for short term entries. Trend Map is an excellent tool for day traders.
4Xlounge Trend Bar Console	By combining our Trend Bars and X Scalper formulas, our Trend Bars Console measures both “order flow” and “technical” data to find trades. Buying or upwards trends for each pair are identified with green blocks in each time frame. Selling or downwards trends for each pair are identified with red blocks in each time frame. The 15 minute and 30 minute time frames are perfect for day trading. Our 4Xlounge Trends Bars Console is very easy to use and understand. A single view console provides real-time analysis for 17 currency pairs.
4Xlounge Live Web Charts	Our Live Web Charts are the nerve center for our trading tecnology. 4Xlounge.com has several proprietary trading systems. Each of our trading systems analyzes 18 currency pairs, across several different time frames in real-time. Our Power Bars 15 minute trading system was designed for day traders. All of our 4Xlounge Live Web Charts can be scanned quickly via interactive slideshows or each chart can be open individually and monitored in real-time.
4Xlounge Traders Desktop Software	Our Traders Desktop software provides instant access to all of our scalping tools and systems. In addition, you can create custom layouts and save them for instant loading later. A quick example: you might create a layout that has all of the JPY pairs with the following components: Tech Scalper, Trend Map and TB Console. You can organize your layout and then save it under a custom name like “JPY Day Trading Layout” or “JPY Day Trading”, whatever you want. The possibilities are endless.