In this post I will be reviewing the FX Scalping Academy manual forex trading system developed to be used in the free to download MetaTrader 4 trading platform. This is a very easy to understand and use forex trading system thus making it suitable for forex traders whatever your level of experience is.
When the strategy outlined in the FX Scalping Academy is practiced and used for a sustained period of time it needs sensible money management with a good risk to reward ratio. When trading the forex market, I would use a true ECN forex broker for the best possible forex trading conditions – primarily low spreads and fast execution.
FX Scalping Academy
The FX Scalping Academy incorporates what they call a “trading between the lines” theory which basically teaches you about adding some custom lines to your chart that you should trade either side of. These lines can help to filter out ranging market and help to ensure that you only trade in the direction that the market is currently moving.
The FX Scalping Academy is very simple to interpret. It is also very flexible and can be used on any time frame, any currency pair and can be combined with any other technical, fundamental or price action analysis should you wish to do so for extra filtering.
The FX Scalping Academy official website also has videos and screenshots showing many trading examples of the system when put in use which will help to give you more of an idea of what to expect.
FX Scalping Academy Summary
Overall, the FX Scalping Academy is not just an easy to use manual forex trading system it is also a forex trading course that teaches some good trading principles which you can incorporate in to your trading. Of course as with any manual forex trading system, the trader must have their emotions in check and ensure that fear, greed, anger and impatience do not get the better of them. The FX Scalping Academy trading system comes with detailed instructions including trade examples, full support and a money back guarantee.