In this post I will be reviewing the Forex Pips Master Premier manual forex trading system. This is yet another trading system for the ever popular and widely used MetaTrader 4 (MT4) platform that is used by millions of traders all over the globe. MT4 is free to download from most online forex brokers. Hopefully, this Forex Pips Master Premier Review will help you to decide if this is a forex trading strategy that you would like to try out. I think that it has some potential but does require the user to take some initiative. This means that you will need to confirm each trading signal with your own market analysis to make sure that you are happy to take the trade. If not, you can always wait for the next opportunity to come along.
What is Forex Pips Master Premier?
As mentioned above, Forex Pips Master Premier is a manual forex strategy that can be used on any time frame or currency pair. Major currency pairs such as the EURUSD and GBPUSD tend to have some of the most liquidity and thus can enable manual traders to catch some good moves.
I find that higher time frames such as the 1-hour charts and above can help filter some of the noise that lower chart time frames can give. Trading higher time frame charts also means that you do not need to constantly watch the charts for potential trading opportunities.
The Forex Pips Master Premier is a combination of colour coded technical indicators that can give you clear entry signals along with stop loss and take profit targets.
You can take the signals as they are or add your own personal additional analysis to further filter the trades. For example, you may wish to check the fundamentals and market sentiment before proceeding with placing any trades.
This makes the Forex Pips Master Premier system very flexible and thus suitable for all trading styles from scalping and day trading to swing trading.
Forex Pips Master Premier Features
Forex Pips Master Premier provides you with automatic buy/sell/exit signals. You do not need to take every single signal that it generates. In fact, I would always want to do my own market analysis to confirm every signal. I think it is important to understand why signals are generated rather than blindly taking them as they are.
This forex system can be used in multiple market conditions (trending, reversal, or sideways). You don’t need to wait for signals, as it works on any timeframe, any pairs. I think it is a very versatile trading strategy but as mentioned earlier, it does require the user to take some initiative. As with all trading systems, there will be good and bad signals.
The Forex Pips Master Premier system gives you 100% control over your trades – this is an indicator, not a forex robot so you maintain complete control of your trades at all times.
This forex software is easy to use. Anyone can set it up in just 3 minutes and start receiving automatic buy/sell/exit signals on the charts that they wish to follow. it can save you time needing to manually scan the charts for trade setup to occur.
How to use Forex Pips Master Premier?
The Forex Pips Master Premier system has been developed to run in the MT4 platform. It comes as a trading template along with built-in indicators that you can apply to your chosen chart symbols and timeframes. You can use the default settings or adjust them according to your own needs. I would certainly practice on a forex demo account to begin with and only use this manual forex strategy as supplementary indicators to my own market analysis.
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.
I would usually trade manual and automated forex systems on an ECN forex broker as I find that they tend to have some of the lowest spreads and commissions along with superior trade position execution speeds. This helps me to save on trading costs in the long run and gets my trades executed as close as possible to the prices that I want, with minimal slippage.
IC Markets are my top choice of forex broker for manual and automated trading strategies. This is because I find them to have tight spreads, low commission fees and plenty of liquidity which means that you can get your trades executed at some of the best forex market prices at all times. From my experience, they also provide excellent 24/7 customer support and have a good variety of convenient account funding options for you to choose from.
Forex Pips Master Premier Summary
Overall, I feel the Forex Pips Master Premier manual trading system is very user friendly and can certainly give trading signals but the user will need to have their money management and trading discipline in check. I wouldn’t take every single signal the system generates but this is what makes it so flexible.
You can use it on any currency pair and time frame thus giving plenty of trading opportunities which can be customised to suit your individual trading needs. However, this strategy will take time to learn and practice. I would start on a demo account to begin with and see how things go before trading in a real live environment. This can help you build up your confidence and see if this is a suitable forex strategy for your individual goals and needs.
The Forex Pips Master Premier system includes setup instructions, trade examples and full support. There is no money back guarantee offered by the developer which is a concern. If you want to learn more and get the Forex Pips Master Premier download you can visit the website by using the link below.
Forex Pips Master Premier
$97
Pros
- Manual Trading System
- Versatile Forex Strategy
- Forex Signals
- Any Leverage
- Any Chart Time Frame
- Any FX Currency Pair
- Detailed Instructions
- Full Support
Cons
- MetaTrader 4 Only
- Quite Basic Forex Strategy
- Takes Time To Learn How To Use
- Requires Some User Initiative
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.
