Forex Trading Methods - Have Been Using It For 5 Months And Love It

This forex trading method took me by surprise, I must admit, I was biased for more of the same, an ill conceived idea put together to sell to the naive traders. What I found was an especially accurate, well thought out system and when I watched some of the videos on the sales page, it was obvious that Russ Horn is a trader and a very good one at that|is a traders trader|as decent a trader as yours trully :). As my regular readers know, my method of trading consists mostly of scalps and turns in trend, never have been much of a trend trader, choosing exhaustion points, for short and fast move, which fill the pockets nicely. Ok, this Forex Rebellion system does both as it can be traded as a trend following technique and is helpful at establishing confirmed trend exhaustion. This is awesome as it can often get into a new fresh trend, and those tickets are invaluable.

Being eager I immediately put the system to the try out in the real marketplace, opened 2 trades and made around 50 pips each in 2 hours. Now 2 hours is an eternity for me, but I managed to hold my breath and stay in. I have to say I could have made more, perhaps 30 pips , and that's what is so good about forex rebellion, I have come to rely on it very quickly and am learning to expand my quick in and out mentality, by taking ¼ position off after the initial push and close in halves and quarters. I usually use my own methods only, the Forex trading method just added another winning strategy to an already good stockpile.

How easy is it to use?:

Ok, if you've been using MT4 (Metaquotes free charting package) for a while, you can set it up in a few minutes. If not, Russ has produced a few videos showing you exactly what to do, he's even automated some of the procedure for you.

The user guide is great, no hype, no beating about the bush, easy to use PDF and for those too impatient to read a long manual, a lot of mini videos, detailing all, setup, entry, stops, exits, the whole method, this guy is an excellent teacher too. Each video is only 4 - 9 minutes long and there are various live trade videos for those (like me) who learn by example.

The Approach:

A really visual signal is issued for either sell or buy trade, entry point is easy to see too and is ahead, so that you don't enter at ticker value but set a limit order. The stops are clear to see and are simple as are the target and trailing stops once you're in profit. (In all the trades I took, the price never came near the original stops), that is not to say that it will never happen, it will. Money management is simple, as all is obvious and you can calculate position size accordingly. Of course not all trades will be winners, however, Russ has figured a plan to reverse a losing trade and profit from that, excellent. There are some extra bonuses that help you select a good Risk/Reward trade and videos on money management and keeping emotions at bay.

My view:

If you are going to spend any money at all on both educating yourself and getting a brilliant technique, at $97.00 this is cheap, it's worth far more in my view and I wouldn't be surprised if demand pushes the price up.

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