In this post I will be reviewing the Forex Trend Mystery manual trading system by Karl Dittmann which is a set of trading indicators that can give you optional buy and sell signals in the MetaTrader 4 trading platform (MT4). This is a manual forex trading strategy that gives you trading signals which you can then decide whether to take them or not. It is very easy to setup on your demo or real MT4 trading account and suitable for novice and advanced forex traders. I would use an ECN forex broker for the best possible trading conditions including low spreads, low slippage and low commissions. An ECN forex broker should also have many liquidity providers to help ensure plenty of liquidity for trading.
Forex Trend Mystery Trading System
The Forex Trend Mystery manual trading system uses built-in trading algorithms to analyse the currency pairs that you run it on for trading signals. When the color coded indicators agree, you can then decide to take the trades based on the Forex Trend Mystery signals alone or with your additional technical, fundamental or price action analysis.
For the best forex signals using the Forex Trend Mystery indicator, I would personally use the higher time frames such as the 1 hour charts and above to help me filter out a lot of noise whilst the major currency pairs such as the EURUSD and GBPUSD I find tend to have some trend trading opportunities. I would make sure that I use sensible money management so that I cut losing trades short and let winners run with a good risk to reward ratio so that winning trades outweigh the losing trades.
You may practice on a demo trading account to begin with until you familiarise yourself with the Forex Trend Mystery indicator signals and get used to the forex signals it generates.
Furthermore, you can use the Forex Trend Mystery indicator any time you wish to suit your lifestyle and you do not need to chart watch as it can give you sound, email and mobile alerts when it finds a trading signal.
Forex Trend Mystery Summary
Overall, the Forex Trend Mystery gives frequent signals for possible trades in the forex market although you may wish to add additional analysis and not blindly take every single trade. The success rate with the Forex Trend Mystery indicator will porbably depend on trading discipline (patience, emotions, etc) and money management. It is a flexible manual forex trading system and includes detailed instructions, full support, updates and a money back guarantee.