Forex Assassin system just came out few days back and experts are already talking about it. I am sure you must have heard of this system already. Also, you must have heard of a formula that this system contains that helps identify the trade. Many of you might be thinking - Is Forex Assassin really that good as what experts are saying?
Lets look at the this system -
What kind of System is Forex Assassin?
Each forex trading system consists of a trading strategy of a particular category. The primary categories of Trading strategies are -
1. Fundamental analysis based - These kind of systems focus on making pips using fundamental news such as NFP (Non Farm payroll) etc.
2. Technical Analysis based - Most of the systems fall in this category where the trades are made using the technical indicators. There are tons of technical indicators such as Fibonacci, EMAs, candles, MACD etc.
3. Price Driven - Forex Assassin system falls in this category. These systems are based on the theory that particular kind of price movement influence the market to move in a particular way.
What is the Forex Assassin Formula?
This system primarily is based on a formula. This formula recommends the entry and exit points for the next trades to be made based on current price information of the currency pair. Since the formula makes the calculations, this frees up the time of the traders since they don't have to continuously watch the charts. Due to this, the identification of the trades is matter of just minutes because of this formula.
Is Forex Assassin costly?
Typically, from my observation I have found that all the forex trading systems come for a standard price of $97. So does this system. I guess, $97 has become more of a market standard. There are few systems that come for even 1000s of Dollars, but they are DVD based courses. Considering this point, this system is more in line with Market price. Just to mention here, my suggestions is that when you think about buying a system, pay $97 only to the systems you know that have good reviews.
Should you buy Forex assassin?
Here is the thing. Before buying any system, find out what is its review ( Find here Forex Assassin review and experiences).
However, the first important thing is that you should buy a system only when you are planning to use it. I have known people who just buy a trading strategy, but they hardly open it and use it. If you are planning on doing the same, Don't buy any system to throw away your money!
So, here was my review. In all, the system looks to be fine so far. I really like the part where it saves a lot of time because of the formula it contains. Use the information mentioned here to make decision about Forex Assassin.
If you want to know my experience with Forex Assassin system, please click on this link Forex Assassin review.
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