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Avi Frister Review -- Does This Forex Trading Machine Work?...
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Avi Frister - Review
In the Forex Trading Machine, Avi Frister presents three different trading strategies that he uses and that he has found to be the most successful.
All three are based purely on a mechanical model of trading, meaning that you are not taught pivot points, chart patterns, moving averages, Bollinger bands and other techniques and indicators that require user discretion and judgement.
The focus here rather is: strict entry and exit rules and looking solely at Price Action. In the Forex Trading Machine package, Avi Frister shows you two intra day trading systems and one swing trading system.
===> Click Here For Mechanical Forex Trading & View Video Demonstration
Avi Frister - Price Driven Forex Trading
100% mechanical trading system.
Price is King in forex trading and you are more likely to be profitable trading currencies by basing your buy/sell decisions on what price is doing rather than trying to interpret indicators which are mostly all lagging anyway.
It's strange that traders still rely on technical systems that look for MACD crossovers, moving averages and other indicators when they are all based on historical price. Not only that, but some of these indicators were developed 30 years ago for use in stock trading markets and at a time when real time information didn't exist.
Currency trading is a whole different ball game. Real time information is the norm and the predictive power of indicators is largely negated because of the persistant external news events that cause radical price moves.
Avi Frister - Cash Cow Strategy
Set and forget...
Firstly, it is designed for the GDP/USD currency pair, specifically chosen for its good volatility. And secondly, the trading system only throws up 3-4 trades per month, which allows you the freedom to do other things besides looking at your screen all day.
You'll find that the profit target with the Cash Cow Strategy is 100 pips on every trade. If this is not enough for you, (as it throws up only three sometimes four trades a month), you can double or triple your lots when you are confortable with the profitability of the trading system.
===> Click Here for Mechanical Forex Trading & View Video Demonstration
Avi Frister - Benefits of the Cash Cow Strategy
- Easy to follow rules. If A = B then you do C.
- No indicator interpretation or judgment required. This is a 100% mechanical and price driven forex trading strategy.
- Very easy to learn. You can put the Cash Cow Strategy to work the next day after learning it.
- A unique PDFT (Price Driven Forex Trading) strategy. No indicators, no vague chart patterns, no pivots, no support and resistance, RSI etc..
- No monitoring the market. It will take you one minute per week to implement the Cash Cow Strategy.
Money Management
The key to successful trading...
If you are an advanced or beginner trader, you can discover a lot of new things in this chapter alone. Briefly, the chapter contents are:
- The Monster of Trading - The Drawdown
- My Money Management System
- Funds
- Obtaining a Smoother Equity Curve
- Stop Loss
Avi Frister - Flip & Go Strategy
Day Trading Strategy
If day trading is your preferred method of trading, Avi Frister provides you with two day trading systems as well within the Forex Trading Machine package - the Flip & Go Strategy and the Forex Runner.In the Flip & Go Strategy, you are shown how to take advantage of a certain (and explosive) characteristic of the EUR/USD pair - the most liquid of all currency pairs. You will be shown how the EUR/USD produces a high probability/low risk trade over and over again and how you can exploit this.
The EUR/USD's daily range is about 80-100 pips ($800-$1,000). As a daytrader, you want to catch a big portion of this daily move and you want to do it with as little risk as possible. Avi Frister shows you how to catch a large part of this $1,000 swing right at the beginning of the move.
Avi Frister - Forex Runner Strategy
Day Trading Strategy #2
The Forex Runner Strategy is built to provide consistant profits and as with the other strategies it is 100% mechanical and based solely on what price is doing.It will throw up on average 3 trades per day. The stop losses are tight. Avi Frister shows you the exact set-ups which will consistently nail you $200, $300 or $400 trades over and over again.
Avi Frister - Forex News Trading Strategy
Non Farm Payroll Strategy
The Forex market is many times dominated by important economic reports releases. These reports can sometimes cause 150-200 pip (USD $1,500-USD $2,000) moves in certain currency pairs within a few hours.The biggest of all these reports is called Non Farm Payroll. The moves it creates in the market can be very significant. Avi Frister provides you a startegy to trade the NFP. Like the Cash Cow Strategy, this is also a 100% mechanical system and does not require user discretion.
Download Avi Frister's Non Farm Payroll News Trading Strategy Free Here.
Avi Frister: Feedback, Comments & Opinions Forum
Good, Bad, the Real Thing or Scam?
Post your own review, comments or opinions on the Avi Frister Forex Trading Machine package. Have you tried it? Was it profitable for you or not...Lets share our opinions with others interested in trading this mechanical system.
Randy,
I use the forex Runner Strategy. It basically shows you when a trend might start by counting the amount of pip movement. It works consistently (note: consistently NOT always). He works in a SL and what to do when shit hits the fan.
100% mechanical, but I've found that if you do use indicators you can decrease the percentage of times that it does not work.
You should buy it. The 3 strategies are good. with practice you should make between 300 - 800 pips monthly.
Actually an average of 500 I would say...
Posted September 03, 2008
Any hard copy available?
Posted March 17, 2008
I use the system and it works.
Posted February 28, 2008
Anyone in Australia I can contact
Posted September 21, 2007
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margin-strategies
It does come with a video demonstration of his strategy now. Posted September 17, 2007 |
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What's here
- Avi Frister - Price Driven Forex Trading
- Avi Frister - Cash Cow Strategy
- Avi Frister - Benefits of the Cash Cow Strategy
- Money Management
- Avi Frister - Flip & Go Strategy
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