Forex Signals Link WhatsApp Group – Book Review Forex Trading Machines
Who will not focus on a forex trading strategy that does not require interpretation or judgment ?. That is the claim made by Avi Frister in his book “Forex Trading Machines.” This ebook has been informed in the Forex signals WhatsApp group
Out of curiosity, I got a copy and absorbed 180 pages in a few hours. To be honest, the really interesting things begin on page 91, in the middle of the e-book. That doesn’t mean that 90 main pages are fillers, it doesn’t mean. For anyone who doesn’t know Forex properly, it might be difficult to understand. There may be noble data that presents the basics of foreign exchange easily and easily to find out the model.
For me, after trading forex for several years now and at any time I am interested. That is, in a completely different foreign currency trading method. The value of this ebook is found in the finals of the three methods described by Avi Frister using prices because of signs to enter and exit a trade.
The two main methods actually look good. However, they do not significantly fit into my buying and selling model. The first, for example, requires considerable stop-loss. Then through what allows my justice so I do not give additional consideration to it.
The second technique seems strong. It uses a drawback of at most 20 pips and it really functions significantly with the GBP-USD and USD-CHF pairs because of their volatility. I tried several examples with mixed results, actually not long enough to give a fair assessment.
That was the third technique that caught my attention, named “Flip & Go” by Avi Frister. It focuses on the EUR-USD pair and offers a sound technique for milking part of the 80th day or more of the pair’s pip movements.
I have been using it for the past few months and I am pleased with the results. I am hesitant to give figures because buying and selling foreign exchange is a personal space. And it’s not fair to raise expectations or recommend others to get the same results. Some might get higher results, others might not do it right. Extra in one second. Let’s just say I was very surprised by the consistency of useful trades and general achievements every month.
Do You Have Self-Discipline?
Now to deal with the stated purpose of why people might have various results. Avi Frister stressed that the method he used in the “Foreign Currency Trading Machine”. This is purely mechanical and does not require interpretation or judgment. If you study and analyze the method, it is quite appropriate.
However, here’s the problem. In all likelihood, relatively small variations in individuals can have self-discipline or have the dedication to develop self-discipline. Namely to observe the method without emotion and without allowing interpretation and judgment to enter.
After a foreign exchange trader has bought and sold some time, just put each chart in front of it. And immediately the eye begins to see all kinds of tendencies, patterns, help, traces of resistance, support, candle patterns, and so on. Make an effort to neutralize all indicators that come out of any chart. And continuing to follow the buying and selling guidelines outlined in the “Foreign Currency Trading Machine” will be the best problem.
You might be able to see the exact type of settings defined in this book. But when your eyes observe what appear to be opposite indicators, whether you can have the self-discipline to suppress your interpretation. And only continue with mechanical purchases, driven by prices, and the sales standards described in this ebook ?. Therein lies the problem of this book.
Up to you
In conclusion, this is a positive guide to trading foreign currencies of different types. As to whether it will generate substantial income for certain foreign exchange traders will depend on their discipline and psychological perspective.
Title: Forex trading machines
Creator: Avi Frister
Format: Digital – PDF
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