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Someone posted an advertisement of a forex system on my blog. So I just go and buy it to see what the guy is trying to say. After all it wont be fair to him if I just comment on his system without knowing about it. After paying for it, I was given a URL where I can download his files.
The files consist of ebook, video files and template of his system. Everything is password lock with a very clear warning not to share his work. I believe the reason is more towards monetary gains rather than genuine invention. The system claims to be a day trader system with high accuracy entry position. It needed only 50 pip stop loss on a H4 entry. It has the ability to gain more than 100 pip on each trade. It uses 3 different indicator on 3 different time frame.
The indicator are readily available, Candle Stick pattern on weekly, Support and Resistance on daily and Fibonacci retracement on H4. There is also a template given. When I loaded it, it gives me a blank candlestick with no other indicators. There are 2 other trading method included which is gap trading and CS inside bar. Video files are given on each chapter but the voice could be louder. Btw example trade on video are taken from past trade.
No real time trade is given. H4 entry is not a day trader system. More like a position trade as it will take days to weeks to complete each price move. Multiple entries on H4 is not advisable since accuracy on a high TF isn’t really good. What you do need is high accuracy trades. Give me a high accuracy system even with 20 pips I can rule the world.