In this post I will be reviewing the Pips Explosion Predictor. The name is a bit of a mouthful but this is another forex trading strategy that gives you signal alerts as to where and when to enter and exit the market. It is simple to use, you can choose to follow the signals and place your trades. You can also use the signals to filer your own manual trading strategy or use them as they are. It is suitable for beginner traders as there is no complex analysis required. It will even show you possible aread to place your stop loss and take profit targets. It will require that you maintain solid money management principles and trading discipline.
Pips Explosion Predictor Trading Strategy
Pips Explosion Predictor comes as an easy to use and interpret technical indicator and dashboard with trading signal alerts when there are opportunities – delivered via email or accessible online. The signals cover multiple currency pairs and time frames. I would be trading the major pairs such as the EURUSD and GBPUSD due to the lower spreads and liquidity. Furthermore, the higher the time frame the less noise I find there is.
The more currency pairs you trade the more potential signals you can generate but also consider that the more pairs you trade the more overall risk exposure you will have. For this reason I would personally be opting to take only the most favourable signals and would not try to force any trades as there are plenty of trading opportunities.
Pips Explosion Predictor Summary
The Pips Explosion Predictor is technically a signal service which will give you alerts into your mailbox. It can take all of the guesswork out of trading and the website has plenty of trading examples The signals combine technical and fundamental analysis although you are free to use your own initiative to execute a given signal if you wish. They only charge a small monthly fee with no minimum contract, full support and a money back guarantee.