I made a purchase myself, although I think the sale pitch is a bit overdone. So, let's get straight to the system. All you have to do is to enter the last 10 data (closing prices) of the time period you've chosen, e.g. either hourly, daily or weekly. The system will help you estimate the trading opportunities (i.e. to generate buy, sell or no trade) based on the its unique method of probability.Let check out this example I used for my first evaluation of the forex killer system.
GBP/USD in hourly chart
I entered manually the last 10 closing prices as requested and I received a 'Buy' signal at the last price of 2.0396.
And here is the actual result at few hours later. It was a 100-pip mover in today's market.
The system seems to work. Please take a closer look at the simple chart pattern formed by those arrows in the signal software. It monitors price action and makes you 'see clearly' and forget about the complication of complex technical indicators. And to be honest, this system is quite similar to my H1 breakout strategy I used in the past, which I am quite confident about it.
No matter what, every trading system should still be subjected to skeptical worries. Therefore, I am going to further evaluate the system and possibly share with you a few tips about using the forex killer software in the upcoming posts. But for now, I have to say I am truly awed by the simplicity of the software.
(Updated: The new software version now includes an automated data download feature.)
3 comments:
I purchased Forex Killer three-days ago. Since then I have made 6 trades following the Forex Killer strategy. Of the six trades four have been winners and two losers.
What I find interesting and somewhat puzzling is I still know nothing about Forex or have the foggiest idea how I accomplished what I did.
what do u think for which timeframe can earn more easyly?15minute is it the result very worst?
I like to work on longer timeframes such as using the 1-hour and daily charts. Trending patterns are usually more reliable.
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