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Guide to the G7 Trade Alerts

This guide is to assist traders who have purchased the G7 system from Forex Science and who are receiving our G7 Alerts, either for the free month or via subsequent subscription to the service.

  1. We only trade between 5AM and 5PM GMT. Alerts will not be sent outside this time, even though there may be set-ups outside these hours. Sometimes we will send an alert to show a set-up which happened outside our hours for illustrative purposes. This does not mean that traders living in different time zones should not trade the set-ups during their hours - there are many set-ups in the late NY session and Asian sessions. However, you will have to identify the set-ups without our support during those times. Also remember that the best market moves (and the best technical set-ups) generally take place during the European and Early NY session periods, due to the enormous increase in traded volume during those hours. We also occasionally send alerts on Sunday in preparation for the market opening, so members are encouraged to check their email and/or trading room alerts on Sunday prior to the market open.

  2. We will try to send an alert for most set-ups on the three pairs during our hours, but we cannot guarantee that each set-up will be sent. Remember, we are not trying to provide a signal service, but rather a teaching service to help members identify set-ups for themselves.

  3. Set-ups do not happen every day! If you do not receive an alert on any given day, it is because there hasn't been one, or because we are (rarely) not in the trading office for whatever reason. Do not fret - this does not mean we have gone away!

  4. Most of the time, we trade exactly according to the G7 rules, including the weekly directional rules. However, occasionally there are set-ups which meet all the requirements of the 6 rules, but in the wrong direction We will sometimes alert these "counter-trend trades" especially if the currency is near what we believe to be a potential major turning point. It is up the the individual trader to either consider trading the set-up or ignoring it. We advise that each trader sticks to the old rule - "If in doubt - stay out!" There are more than enough trades in the correct weekly direction without having to consider counter-trend trades, but we will send them for information, when there is a good risk/reward situation.

  5. Stop losses should always be placed a few pips below the reversal candle which gave the entry signal. The G7 book goes into more detail.

  6. Exits can either be set according to the G7 system - double the amount risked on the stop loss - or they can be set according to the trader's own experience. We suggest using either clear targets (2 x stop loss) or using a trailing stop loss (experienced traders only) Also, try to move the stop loss to break-even as soon as possible -perhaps after 30-40 pips profit has been achieved. There are no clear cut methods to know when to take profits, but generally, try to let them run as much as possible. If, for example, we have a 30 pip stop loss and we have set the target at 60 pips, sometimes it may be better to let the profit run further in a very strong move. Once again, if you are not experienced, simply use the 2x stop loss rule.

  7. Trading is not easy, but the G7 system will give you a clear edge. Keep practicing and you have every chance of getting it right. The system is designed to minimize losses and to give clear entries and if you apply yourself, there is no reason why you should not succeed!


It is very important that you read www.forex618.net/signals.htm to understand how we work. We want you to be as successful as we are in your own trading, and whether you are a new trader or an experienced campaigner, there are certain rules which must not be broken! We have summarised the 10 key points below for you to consider.

1. Never trade at more than 5:1 leverage. That means for every $10,000 in your account, do not trade more that $50,000 (5 mini lots)

2. Do not move stop losses. Always be prepared to tale a loss, and keep stops to 50 pips or less. At 5:1 leverage, this will keep each stop loss to between 1.5% and 2.5% of your account equity.

3. Follow the system! If you have been stopped a few times in a row, don't be scared to take the next trade. Our system allows for several small losses, which wil often be recovered with one winning trade.

4. Understand what we are doing. If you have not purchased and read our E-book detailing the G7 system, then get it at www.forex-science.com You should be trying to learn the system for yourself, rather than blindly following our signals. Also take a look at our book list at www.forex618.net/read.htm Try to follow the reading plan.

5. Be aware of our trading times. Visit www.forex618.net/signals.htm to find out what they are. You need to be able to take trades at any time on the hour during that period. If you cannot do that, you will eventually miss an important trade. Change your lifestyle or stop trading Forex.

6. Make sure you get the alerts on time. Emails can be unreliable so try to use our instant alerts trading room. Make sure your emails are set up properly. Free email addresses are even less reliable, so get a proper address, and make sure your email software checks for new mails every 30-60 seconds. Use the mobile phone system (www.forex618.net/alert.htm) if needed.

7. Read our daily reports very carefully as soon as they come out. They will help you to understand what we are looking at for the day ahead, where the levels are, what the strategy is and what to look for. You can use the reports to plan your trading day, as you will know when to expect action, and when to expect quiet periods. Don't watch the charts all day long. you will burn out eventually. Plan time for rest and recreation.

8. If you want to succeed at trading, treat it very, very seriously. We know people personally who make a full time living from our services. There is no reason you cannot do the same, but be dedicated, enthusiastic and serious about what you are doing. Learn, learn, learn!

9. If you don't understand something, find the answer. Either ask us, your broker or someone who has the answers. Don't make wrong assumptions and don't accept ignorance.

10. The three most important aspects to trading are money management, your own mental fortitude and understanding/following signals or a system - in that order! Master them all.

We hope that this helps you to succeed. If you don't understand anything at all. Email us on [email protected] and we will try to help you as soon as we can.

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