Stephen Lee Jones, a “Seven figure professional Forex trader exposes his $7317 a week 100% mechanical, automated ‘fool-proof’ trading plan proven to generate profitable winning trades on autopilot in only a few minutes a week”, “the perfect system developed for 9-5 ‘ers to effortlessly secure a ‘set-and-forget’ second income”.
The 57 page manual comes in quite a nice Powerpoint kind of style which is pleasing to the eye. The system operates around a Bar chart, an SMA, Guppy Count Back Lines and some basic Gann methodology. A little complicated at first but soon becomes clear.
As this is a system that can be quite easily back-tested we back-tested the Daily charts on USD/CHF, USD/JPY, GBP/USD and EUR/USD. Across all pairs we estimated a year to date profit of around 350 pips or about 3% risking 2% of account balance per trade.
Market timing would be crucial when starting to use this system, a choppy market could be painful, especially if encountered straight away.
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