In this post I will be reviewing the 500 Pips A Week Forex System. This is a manual forex trading that you can use to trade the forex market. Now, the name suggests you could make 500 pips a week which would be fantastic however is very unrealistic in my opinion. Even a fraction of that amount of pips from manual trading would be great. You have complete control over the amount of time you use to trade the 500 Pips A Week forex system and can place a few trades each week which only takes a couple of minutes. Simply check your charts for a few minutes at the start of the week and use the 500 Pips A Week forex system to identify valid entries, then set and forget them for the week. You can of course trade more frequently if you wish and if you have the time as this forex system is very flexible and can be used on any currency pair and time frame. You do not need to take every signal and can add your own filters to help trade decisions.
500 Pips A Week
The 500 Pips A Week Forex System tries to filter ranging (“choppy”) markets to ensure that you only enter trades in the direction of the overall trend – hence the popular trading term “the trend is your friend”. Users will also need good money management and trading discipline. As previously mentioned it is a very flexible manual forex trading system that can be used on short term time frames for you traders who like a lot of action and have the time to trade or it can be used on the longer term time frames from those who prefer to filter out some of the noise from the lower time frames and who may also have a day job alongside trading. It can also be used on any currency pair that you wish although I would be sticking to the major currency pairs such as the EURUSD & GBPUSD for the low spreads and. I would also be using an ECN forex broker for the very best possible trading conditions.
500 Pips A Week Summary
The 500 Pips A Week Forex System includes detailed instructions, screenshot examples of trades and a money back guarantee. It can be used by any trader no matter what previous experience you have – if any at all. Provided you do not over trade, use good money management and do not let negative emotions get in your way, this may be a manual forex trading system for you. I would practice how to perfect the system on a demo trading account to begin with.
Self-confessed Forex Geek spending my days researching and testing everything forex related. I have many years of experience in the forex industry having reviewed thousands of forex robots, brokers, strategies, courses and more. I share my knowledge with you for free to help you learn more about the crazy world of forex trading! Read more about me.