EASY and Reliable
We have been trading a particular price action phenomenon for a number of years now. If anything, this price action has become more reliable over time and those who are aware of it are literally printing money because of its reliability. This price action is no secret and has been mentioned in many Forex Courses a number of times. The concept is very simple and even a beginner can understand the dynamics of this price action. We have automated and tested an EA which allows this type of trade to be back tested to give users confidence when used into the future. The concept is extremely robust because it has the weight of the world's biggest financial markets pushing it.
How it works
Essentially while the US market is sleeping the European market has fun pushing the Forex Prices where they want them to go. Then suddenly the US market wakes-up and looks at what the UK market has been up to. How they react is what makes this EA work so well. In the majority of cases, when certain criteria is present, the US Market will get its heavy financial artillery out and give the Forex Prices a Power Punch to get them back to where they should be. So there it is – one of the simplest Forex Trading concepts ever. It is no secret – all experienced Forex traders know about this phenomenon. All we have done for you is automate the trade in an EA. Not only do the trades have a high success rate, but they also have a good return on risk ratio which is what every Forex trader wants.
It works for any currency but is obviously better for certain currencies. See the test results. Preset settings are supplied for the EURUSD, EURJPY, GBPUSD, GBPJPY, AUDUSD, AUDJPY and the USDCAD to kick you off.
What is the trick ?
The trick to these trades however is:
- What is the criteria that has to be met before this phenomenon happens?
- What kind of Stops do you need during these trades?
- What kind of Targets do you need during these trades?
- Which currencies are the most reliable?
This new EA that answers the above questions automatically.
