Forex Trading Machine Review
Forex Trading Machine is a 182 page e-book written by Avi Frister designed for beginners as well as seasoned traders. Avi Frister is an 11 year forex trading veteran and explains simple money making strategies suitable for all traders. Forex Trading Machine is a complete forex trading system with multiple strategies to take advantage of either intra-day price action or long-term price movements. The strategies taught in the e-book are very simple to setup and do not use any indicators. All systems taught in the e-book are 100% mechanical, taking the emotion out of trading. The e-book contains three forex trading systems, two day trading systems and one swing trading system:
1. The Forex Cash Cow
2. The Forex Runner
3. The Forex Flip & Go
The Forex Trading Machine – Forex Cash Cow uses End of Day forex data and is a simple system requiring only a few minutes each day, the strategy is aimed at capturing large price swings. The system generates an average of 2-4 trades per month and is ideal for part-time traders.
The Forex Trading Machine – Forex Runner Strategy can be traded 24 hours a day, allowing traders to trade at a time convenient for them. The system is a day-trading system that is completely mechanical with small stop losses and large profit targets giving a favorable risk-reward ratio.
The Forex Trading Machine – The Forex Flip & Go Strategy has been designed for forex day trading for the EURUSD during the late European session. The strategy takes advantage of the high volatility that occurs during the end of the European session and start of the US session.
All systems taught in the Forex Trading Machine course are 100% mechanical and require no discretion, judgment or interpretation, this is a huge plus for beginners.
The Forex Trading Machine ebook has two sections. The first section is a comprehensive introduction to forex basics, including topics often overlooked by beginners: the psychology of trading and money management. Other topics include: reading quotes, understanding and calculating pips, trading on a margin, reading currency charts, fundamental and technical analysis.
Avi Frister explains that if an individual can be disciplined to simply follow the mechanical system like a robot, the Forex Trading Machine will deliver consistent profits.
The Forex Trading Machine e-book also comes with 9 video files explaining each system. Forex Trading Machine is very popular and has been highly rated by users.
