Thus the second L2 signal is valid. See why after a decade of digital dollar domination, we have only ONE online opportunity you need for optimal results! No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site.
Additionally, affiliates gain free complete access to the Trend Profiteer program themselves in order to better market it to prospects. The affiliate site also offers two-tier affiliate commissions, though the commission percentage for second-tier recruits was not readily available. Trend Profiteer provides support through email swipes, banners, marketing assets, and consumer tracking statistics in its back office.
The training and education facet of the product looks to be relatively high quality, especially for anyone who is completely new to Forex trading.
However, the incredibly high price of the product could be a serious turn-off for all but the most interested parties. However, the idea that such a trading algorithm that advanced actually exists is rather hard to swallow. It seems like the focus of Trend Profiteer is more on marketing the product to others as much as possible in such a case. This simply doesn't make any sense.
Still, Trend Profiteer is likely to catch a few well-heeled fish if you decide to market it as an affiliate. The ethics and morality of this are a bit murky, considering that the entire program seems like an overpriced education tool combined with an auto trader bot that isn't going to work as advertised.
See why after a decade of digital dollar domination, we have only ONE online opportunity you need for optimal results! Enter your best business email now. I will never give away, trade or sell your email address. We are here to help, not hurt. Leave this field empty. I agree to have my personal information transfered to AWeber more information. Profitable Trend Forex Trading System. Currency pairs Currency pairs that have a large daily range are more suited for this system: Profitable Forex Trend System.
When a trend is established based on our criteria , we look for the first small retracement L1 signal and the first larger retracement L2 signal. However, when price retraces the second time and gives us the second L1 or L2 signal, we must be cautious. We need to determine if the trend still has enough momentum to resume its original direction. We call it short MACD indicator. When an uptrend makes new highs in price and in momentum indicator new high in short MACD indicator , it still has momentum to go up.
When a downtrend makes new lows in price and in momentum indicator new low in short MACD indicator , it still has momentum to go down. It helps us filter a lot of false signal. We observe that the downtrend is making lower low in both price and momentum after a successful L2 signal.