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Old 2011-08-02, 08:56 AM   #1 (permalink)
rsmereka
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My Trading Journal


Trading Live with:
Forex Hacked(Copier), Forex Strategy CAD1(manual)
Default Forex Strategy CAD1

This review is about the Forex Strategy CAD1 (that's what it is called by it's seller). This is a completely manual system. I purchased the system here (Ebay). I have no affiliation with anyone in conjunction with this review.

This manual system trades the USDCAD pair once a week. Without reveling the complete strategy, the system relies on the pair returning to it's former price.

I have been trading this system for 6 complete weeks as I write this for a winning rate of 83% (5 wins, 1 loss). I traded the first 6 weeks at 2% risk. Starting this week, I increased this to 5% risk.

This system is very easy to maintain. Two pending orders are placed once a week which takes about 5-10 minutes to do the calculations and place the pending orders.

The risk:reward is a very decent 1:1.

All order entry price, SL and TP are registered with the broker's server so you can actually close down MetaTrader once the pending orders are placed (I don't).

This manual system is very inexpensive. Current price as of right now is $9.59. I paid $5.99.
Link: http://www.myfxbook.com/members/rsmereka/usdcad-manual/125400


Rick
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Last edited by rsmereka; 2011-12-07 at 10:00 AM. Reason: More Stuff
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