Sniper Forex Trading System Review

A well written 9 pager which suffices in explaining the system which is largely reliant on the 5 custom indicators provided. Set up is easy and the system, Entries, Stops and Exits is about 95% mechanical. The advise is to apply the system, as is, to GBPUSD on the 1 hour-frame. Trading is reasonably relaxed but one does have to be around as an entry can be generated at any time of the day. This is facilitated by an email alert and an audible alert (from Meta Trader 4) when a trade is imminent. We used the system for 2 months and after making reasonable returns we added this to our Systems We Use list. It must be noted though as a trade can occur at any time of the day (between 06:00 - 22:00 (UK local time) one really has to be present and near a pc a lot. Not a lot of chart time is required - but one does have to be able to respond to those entry emails (and audible alerts). We also maintain a journal for this system on our website.

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