subject: Forex Mastery 2.0 Review - Does Gary Albrecht's System Work? [print this page] Forex Mastery 2.0 Review - Does Gary Albrecht's System Work?
While most technical analysis traders use some sort of indicators or a combination of some to show them where to go into the market and when to get out of it, Forex Mastery 2.0 uses a set of proprietary support and resistance levels known as Bias and Key numbers to help traders make high probability trading decisions.
The Bias and Key numbers are advanced levels which are continually updated according to market conditions. They are actually calculated, behind the scenes of the Forex Mastery software, based on several indicators based on the research made by Gary Albrecht and his team.
Once you have the Bias and Key numbers in hand, you can use them regardless of your trading style: scalping, day trading, swing trading, and so on. Naturally, this is a technical trading system so if you only trade according to fundamental data, this isn't for you.
Some of the good things about Forex Mastery 2.0 include the following:
1. It's an exclusive system - this is partly due to it not being a cheap system so some traders just don't want to invest in it. Also, the number of copies is usually limited.
2. It has been carefully tested, tweaked, and tested again in an effort to make it as accurate and profit driven as possible.
3. It has several built in software tools that make it very simple and easy to work with it. These tools include the M3 Market scanner dashboard software and the M3 Forex navigator program. The navigator is especially important as it provides an easy to understand visual image of your entry and exit points.
The one thing that may be missing from Forex Mastery 2.0 is an in depth assessment of Forex trading psychology on a personal level and how traders can make themselves more mentally fit to handle the pressure and tension of the market. This is something that most systems don't deal with and it's a shame.
However, other than that, this is a system that has numerous positive testimonials and reviews and with this new edition is likely to continue helping traders place high probability trades time and time again with speed and ease.
To read more about this software, click here: Forex Mastery 2.0 Review.
To see this system in action visit Forex Mastery 2.0 In Action.
John Drummond works from home. He writes often on business, trading, and finances.