Avi Frister : Forex Trading Machine

From The Review Desk of Mike Lombardy
Date: December 21 2007
Product Type: Forex Trading

Forex Trading machine by avi frister is a 182 page book and takes a radical approach to the market, bypassing technical and fundamental indicators. The system is purely mechanical. That means no  pivot points, chart patterns, moving averages, Bollinger bands that may require user discretion and judgment.

Avi Frister discusses and gives elaborate examples with the help of many charts  on  two day trading strategies and one swing trading strategy (Forex Cash Cow, Forex Flip & Go, and Forex Runner). You can read more about the systems here.

The whole book is based on  Price Driven Forex Trading  . PDFT (in short) .   is based on the fact that price is King in forex trading and you are more likely to be profitable trading currencies by basing your buy/sell decisions on what price is doing rather than trying to interpret indicators which are mostly all lagging.

Avi frister’s method is : strict entry and exit rules and looking solely at price action.  Avi Frister calls his system a machine because it really is quite simple and fairly well automated. It requires you to check a couple of numbers on a daily basis and when the conditions are right, it shows you how to strike and reap the rewards while minimizing your risk.

Features of the package.
The ebook also comes with a free bonus copy of trading for beginners by mark mcrae which is also makes an excellent read. The ebook currently retails for $49 at mark McRae’s website. 

Apart from the bonus ebook there are 9 videos. The videos are supplemental lessons to the main course and should only be watched after going through the main book course .

Overall forex trading machine is a highly recommended course. But remember it’s the application of the knowledge which counts!

Our Rating : Recommended if you have the dough.