The Forex Hitman System

FOREX TRADING - Jeff Brown

Forex Hitman System

Type	Forex Hitman System
Last Updated	September 2008
Price	10
Features	10
End Result	10
Overall Rating	10 - An Excellent Piece
Owner	Jeff Brown

Best Used For

Traders who are new to the Forex game and struggle to find strategies that really work. Once you have the system setup, you simply follow its entry and exit setups. Best of all, even if you are a professional trader, you can add these 2 techniques to your trading arsenal.

Our Review - I think Jeff has done it again. I believe his intention is to create a level playing field where everyone can trade the Forex markets, using simple systems that really work.

What's In It For Me - You get a PDF version of the e-book which has NO FILLER information in it. You get a recommendation as to where to open your Forex account. You get a free copy of MetaTrader4 and the 2 systems, "The Hitman Trading System" and "Forex Craz Cash Trading System". The Hitman deals with a 5 minute setup and the Forex Craz the hourly system. That's it and your ready to go.

What We Liked:

The Forex Hitman System does exactly what Jeff says it does. It only takes 15 minutes to identify your entry and exit points.

I hear you say that it can not be that simple?

It is simple because, Jeff uses 2 templates which he has pre-written into MetaTrader 4 called the "Lema" and "Beauty" system. All you have to do is, set up the platform and load the templates in. You then look to see if the system is giving you an entry point. If it is, you buy. If it's not, you wait. It is as simple as that.

Lets face it, there are a lot of Forex so called "Holly Grail" systems out there, that you simply cannot apply in practice. Many of those systems require you to have through understanding of technical analysis, and apply a series of rules before entering your position, by which time, the entry point is lost anyway. The advantage to Jeff's system is that, it may also be based on complicated mathematics in the background, but I don't really care, because Jeff has a PLUG and PLAY system, and all you have to do is load the templates in and start trading.

Truth be know, I am not really a fan of MetaTrader. I prefer to have my 3 screens running, one running E-Signal (for its sheer reliability), one running my broker account and the other screen for news information. However, after seeing Jeff's Forex Hitman System I am now going to dedicate the third screen to it and run Jeff's system with the broker he recommends.

Another feature to the Forex Hitman System is that when compared to other Forex systems on the market, they tend only to work for ONE market, usually the Euro/Dollar. What about the other Majors and Minors. That's where the Forex Hitman System is different because it actually works on ANY currency pair, be it Pound/Dollar, Pound/Euro etc, because of it's PLUG and PLAY features. Again load the market you want to trade, and either the system will give you an entry point, or you just wait for it to occur, but occur it will in time.

You are probably asking how does the Forex Hitman System get its trades? Simply put it is a trend based system which uses the leading indicator PRICE to determine entry and exit. Whilst it uses EMA's to determine the general trend, it is not based on the traditional methodology that you simple buy when a golden cross occurs. Even when the golden cross occurs, your entry is determined by PRICE as a leading indicator.

As I mentioned above, you get 2 Forex Hitman System systems, not just 1 - "Lema" and "Beauty". With the vast majority of currency pairs to choose from, you should at least be able to find ONE currency pair setup at any ONE time to trade using either ONE of the systems. Again, remember this only takes 15 minuets, because its based on a PLUG and PLAY system.

However, what I really liked about the Forex Hitman System is the attention to detail. Here's the rub. The only one thing which is going to stand in your way and preventing you from succeeding in this trading game is DRAWDOWN. So long as your profits are greater then your losses you WIN. The system controls your DRAWDOWN very well and uses a technique which ensures that your account only GROWS. This is the Holy Grail to trading "Making sure that you are bigger when you are right, then when you are wrong". In this respect the system gives excellent Risk Management strategies. It aims to improve your risk to reward ratio as the trade moves.

Good � The beauty about this system is it's easy to apply and set up. It will not take you more then 20 minuets to set it up. The Forex Hitman System gives you 2 systems. With the fast majority of Forex currency pairs out there, either the "Lema" or "Beauty" will give you at least ONE market entry.

The Bad � There is none. Forex Hitman System gets 10/10. It simply works.