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Trending Product Review

 

 

FOREX TRADING - Avi Frister

Forex Trading Machine

Type  Forex Trading Machine
Last Updated February 2007
Price  10 
Features 10
End Result  10
Overall Rating

10 (Excellent!) - A Brilliant Piece Of Work

Owner Avi Frister
Best Used For

Traders who are new to Forex and do not want to learn to trade Forex using expensive mistakes.  Avi gives you two tried and tested Forex trading strategies, which you simply have to wait for 3 to 4 times a month to occur.

Our Review - Forex Trading Machine is an excellent piece of work.  Avi provides you with an excellent candlestick pattern strategy which really works.  And best of all, it does not require an advanced knowledge of technical analysis.

What's In It For Me - The Forex market trades over 2 trillion pounds a day.  What you need is a way to take a slice of that action in your favour.  There are a lot of Forex scams out there where people are asserting your can make millions of pounds a year.  Those assertions are not true.  Avi Frister's Forex Trading Machine gives you a way to start taking money out the Forex market.  Once you have perfected the strategy you can either carry on with it or move on to more advanced techniques. 

What We Liked:

You will discover the "Forex Cash Cow Strategy" that's even been called the "Bread and Butter" strategy because:

* It's very accurate

* Occurs 3 to 4 times a month

* It tells you one day in advance if there is going to be a signal or not and

* Provides you very a very nice profit return.

The logic behind the "Forex Cash Cow Strategy" is that once a market has "exploded" price wise to a certain direction, it will continue moving in that direction until it runs out of fuel. The "Forex Cash Cow Strategy" aims to catch this move from the moment the market has proven to have "exploded" to the moment it runs out of fuel.

As a result, instead of speculating if and when a large move in price is due you just wait for the market to tell you.

Why?

Well because the "Forex Cash Cow Strategy" works very well in the currency markets simply because the market possess:

* Sharp and

* Large price swings

And guess what, throughout the market, currencies tend to have various TWO DAY TRENDS. These two day trends are what the "Forex Cash Cow Strategy" aims to exploit.

The "Forex Cash Cow Strategy" has also found to work best with the GBP/USD, allowing you to apply the strategy to the letter.

THE TWO STEPS TO THE FOREX CASH COW STRATEGY

There are two steps to applying the "Forex Cash Cow Strategy":

#1. Requires an entry explosion in price. You need to see the market being extremely bullish or bearish within a relatively short period of time, usually one trading day.

However, the market MUST explode by X pips. If the swing is less then X pips it will just be a common intraday swing as opposed to an EXPLOSIVE DAY (I can't say more on what X pips is due to copyright!).

Here's the best part.  This requires no interpretation or judgement on your part, it either requires a yes or no. This step takes seconds to determine. If this condition is not met, nothing happens. If it is, there MAY be an entry signal on the next trading day and you move to step 2.

#2. Once an explosive day has occurred, the market MUST move X pips in the direction of the price movement (I can't say more on what X is due to copyright!).

TAKING THE PROFITS - $1000 A DAY

Once steps 1 and 2 have occurred, you enter your trade with a Z pips stop loss (again I can't say more on what Z is due to copyright!). The market must also meet the criteria of the "20 Pip Rule" which is a filter designed to filter out the "FAKE" Z pips move. You then exit the trade with a profit target of 100 pips or time target of 11.30 AM of the next day, which ever is reached first - the result is a clear $1000 taken out the market a day.

Good – The beauty about this system is that it's easy to apply.  The Forex Trading Machine gives you a complete set of rules to follow TO THE LETTER.  You just apply them and take your slice of the trillion dollar Forex market.  Once you have mastered the system, you can either just continue to apply it, or move on to more advanced systems. 

The Bad – There is none.  Forex Trading Machine gets 10/10.  It simply works.