Well I get sent a lot of forex systems and robots by people wanting me to promote their product, and I can tell you now that most of them are complete garbage. This new product, however, is in a different league to these products because for a start it has been created by an actual trader (Bill Poulos) who has been trading the markets for over 30 years and knows more about the markets than most of us will ever know.
Furthermore for the small price of just $97 (currently $39.97 if you click on the link at the top of this page), you are getting outstanding value for money because not only do you get a complete forex education but you also get a profitable trading strategy you can use to trade the markets (which actually generates profits, unlike most of the products out there).
Thursday, December 30, 2010
Is The Trading Method Easy To Use?
Yes it is one of the simplest methods you are ever likely to come across because it is based primarily on price action. The system is so effective because it always enters trades in the direction of the overall trend and therefore the odds are always in your favour.
The objective of the system is simple. It doesn't try and enter at the start of the trend and exit at the end of the trend. It simply aims to capture a large chunk of the middle part of the trend, which is a lot easier to do.
The objective of the system is simple. It doesn't try and enter at the start of the trend and exit at the end of the trend. It simply aims to capture a large chunk of the middle part of the trend, which is a lot easier to do.
Who Is The Course Aimed At?
Forex Nitty Gritty is primarily aimed at beginners but if you've been trading for a while and are still losing money overall, then you should also benefit from this course because not only does it cover all the basics of forex trading and give you some very sound advice, but it also provides you with a profitable forex strategy you can start using immediately.
I've been trading for years but I still picked up a few excellent tips from some of the more advanced training modules and I've also incorporated the trading strategy into my own trading because it is a great little system and compliments my main 4 hour trading method very nicely.
I've been trading for years but I still picked up a few excellent tips from some of the more advanced training modules and I've also incorporated the trading strategy into my own trading because it is a great little system and compliments my main 4 hour trading method very nicely.
Forex Flip And Go Strategy
Another day trading method, this is arguably my favourite strategy as it aims to produce consistent profits of around 40 pips and limits your losses to around 15 points or less.
It focuses on the EUR/USD pair, and generates profits by taking a slice of the daily trading range of this pair, and takes advantage of the pair's unique behaviour.
So to conclude this review, I should state that this ebook package detailing three profitable forex trading strategies is of course not the holy grail which so many are looking for (it doesn't exist), and you will still incur occasional losses whichever method you use.
It focuses on the EUR/USD pair, and generates profits by taking a slice of the daily trading range of this pair, and takes advantage of the pair's unique behaviour.
So to conclude this review, I should state that this ebook package detailing three profitable forex trading strategies is of course not the holy grail which so many are looking for (it doesn't exist), and you will still incur occasional losses whichever method you use.
Forex Runner Strategy
If day trading is more your thing then you may well find this method (and the next one) more suitable. This is another mechanical system that again does not use any technical indicators, but this strategy produces far more set-ups.
Indeed I've had great success using this method just trading the GBP/USD pair during the day, and although not perfect (what system is?), it is a profitable system because it keeps your losses to a minimum and aims to produce a far greater profit with each trade.
Indeed I've had great success using this method just trading the GBP/USD pair during the day, and although not perfect (what system is?), it is a profitable system because it keeps your losses to a minimum and aims to produce a far greater profit with each trade.
Forex Cash Cow Strategy
This is a great strategy for less experienced traders and those who have full-time jobs because it doesn't require you to be constantly watching the market all day, and is completely mechanical. It basically requires a few minutes of your time at the end of the trading day to look for possible set-ups and then place your orders if the criteria are met.
This is more of a long-term strategy as you will have to be patient and wait for suitable entries (you may only get a handful of set-ups per month), but when you do get good set-ups it's proven to be a very profitable method, yielding 100+ pips profit, and is fairly low risk as well.
Other Forex Trading Strategies
Finally as well as all of the trading systems and strategies listed on this page, I also have a few breakout strategies that I like to use when a good opportunity presents itself. I'm also constantly testing out new ideas and reviewing the various trading systems that I get sent regularly by product owners who want me to promote their product.
However for the most part it's my 4 hour trading strategy that I spend most time on because this is my core system which generates the most consistent and reliable profits. All of the other forex trading systems are used to boost my trading pot during the quieter periods of the week.
However for the most part it's my 4 hour trading strategy that I spend most time on because this is my core system which generates the most consistent and reliable profits. All of the other forex trading systems are used to boost my trading pot during the quieter periods of the week.
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