In this post I will be reviewing the FX Stable Income manual forex trading strategy. The FX Stable Income forex trading strategy consists of custom indicators for the free to download MetaTrader 4 trading platform. These custom indicators display entry and exit signals clearly on your chosen currency pair and timeframe. It is a very flexible trading system that can be used for scalping, day trading or swing trading. It requires no previous trading experience as the signals are very simple to follow although you can add your own technical, fundamental or price action analysis should you wish to do so for extra confirmation and filtering the trades.
FX Stable Income
The FX Stable Income forex trading system is very easy to use. You simply load the included indicators onto the charts and they will alert you when there are trading opportunities. The develop claims a high 90% or thereabouts win rate which is good but does not mean nothing if you do not have good money management in place so ideally you would have a favourable risk to reward where the winning trades are greater than the losing trades – as you may have heard before, cut your losers short and let your winners run! The FX Stable Income trading system requires you to manually enter when the buy or sell arrows appear and you can also use these arrows as an exit signal in the opposite direction. For best results I would personally recommend trading the major currency pairs such as the EURUSD and GBPUSD due to the liquidity if these pairs which will save you on trading costs as they have some of the lowest spreads and usually good execution just ensure that you are using a true ECN forex broker. It will work in trend and ranging markets, although I would say using the higher timeframes will help to filter out too much market noise and whipsaws.
FX Stable Income Summary
Overall, this is a very basic yet profitable manual forex trading system when used correctly and provided that you have your trader emotions in check! Do not let fear, greed and anger get the better of you and stick consistently to your trading plan. It comes with custom indicators for MetaTrader 4, easy to understand instruction with screenshot examples, full support and a money back guarantee.