In this post I will review the Forex Moirai Steam Strategy which is a manual forex trading system designed to be used in the popular MetaTrader 4 (MT4) platform which is free to download from most online forex brokers.
I always prefer to use an ECN forex broker as I find that they tend to have the most competitive trading conditions which includes tight spreads, low commissions and reliable execution speeds.
In order to use this forex system, you will need a trading account with a forex broker. With so many brokers to choose from, I have conveniently compiled a list of my best forex brokers to help you quickly and easily choose a broker that meets your needs.
The Forex Moirai Steam Strategy can be used by traders of all different experience levels and includes easy to follow setup instructions.
Forex Moirai Steam Strategy
The Forex Moirai Steam Strategy can be used on any currency pair or trading instrument. As well as forex trading, it can be used as a manual trading strategy for stocks, commodities, cryptocurrencies, precious metals, energies and more.
It can generate trading signals on any chart time frame from 1 minute to 1-month charts. I personally prefer long term chart such as the hourly and above as I feel they have less noise than some of the lower chart time frames.
The Forex Moirai Steam Strategy can be used as a scalping system or for day trading and swing trading. It is easy to interpreted with colour coded indicators and arrows displayed on the charts.
The Forex Moirai Steam Strategy will even send you trading signals via email, SMS or platform pop-ups. This is useful as you can monitor multiple charts at the same time without needing to sit and stare at the screen all day.
Forex Moirai Steam Strategy Summary
The Forex Moirai Steam Strategy has some potential if used correctly and is flexible to fit the needs of different styles of trader. One of the most important aspects of how it performs is most likely to be the money management used along side it.
Personally, I would only take trades that have a positive risk to reward ratio whilst I would want to cut my losing trades short and let the winning trades run, locking in profits as and when possible.
Of course, you can adapt the system to your own preferences and even filter the signals that the Forex Moirai Steam Strategy generates with your own additional market analysis.
The Forex Moirai Steam Strategy includes instructions, support and free updates.