4Xlounge Position or Long Term Trading Tools
4Xlounge Pro Membership Trading Signals
Forex position trading is a long term trading style that utilizes low leverage and strong risk management. A typical position trade will last 5 to 60 days depending on your trading goal. Position trading is designed for long term hedging or carry trading. Position trading is not popular among retail traders and is usually used by large hedge funds or central banks. However, some of the wealthiest forex traders use position trading to generate their profits. Forex position trading is consider an advanced form of trading. Market timing is critical. If you enter a trade too soon, your market exposure will create unwanted draw-downs before profits are realized. If you enter a trade too late, you will miss a large portion of the move and lose valuable profit. Position trades can result in 100′s and 1000′s of pips per trade. A typical position trader is only right about 50% of the time, but this is more than enough to generate huge profits.
Our 4Xlounge Pro Membership includes several tools and trading systems for position traders. Forex position trading is an advanced form of trading and once learned you can leave trades running for weeks. This makes position trading the winner in the “time invested per pip” efficiency category. 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. Forex position trading usually takes a bit longer to learn.
4Xlounge Position Trading Tools & Trading Systems
 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 4hour interval can be used to time your entry on position trade. Timing your entry is mission critical for position traders. Your entry will always be on a pullback or reversal. Trend Map is an excellent tool for finding both. |
 4Xlounge Live Web Charts |
Our Big and Bigger Picture Market Barometers are essential for position traders. Our X Meter is can also be a helpful tools, especially when you are trying to time an entry on a reversal. In addition, our Power Bars 4 hour and our X Trend 4 hour were designed to help traders time their entry for long term trend trades. The 4 hour time frame is excellent for filtering out market noise and reading the “real” market trends. |
|
4Xlounge Live Web Charts |
Our most powerful position trading tool is our Daily Power Bars charts. The Daily Power Bars charts require so much processing power that they have several dedicated servers just to crunch all of the live and historical data. Position traders love the Daily Power Bars and swear by their accuracy. Most of our full-time Pro Members use our Daily Power Bars to setup their long term trades. Simple to use, but extremely powerful. |
 4Xlounge Traders Desktop Software |
Our Traders Desktop software provides instant access to all of our trading tools and systems. In addition, you can create custom layouts and save them for instant loading later. Position trading requires the ability to organize tons of data in an easy-to-use format. This is where the Trader Desktop Software comes into its own. You can organize all of our tools and system in any setup imaginable. The combinations and possible uses are endless. Our Traders Desktop Software is one of our most popular tools. |
