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Tested Result: +80 pips
5EMAS-forex-trading
 

Updated: 11-10-2008

Profitable: 6.5/10

Easy To Follow: 7/10

Honest Result: 9/10

Support: replies within 12 hours (tested via 3 E-mails)

Bonus Value: 7/10

Results: 4/5

The Good: 5emas has nice bonus book

The Bad: The system is rather complicated and I guess not easy for newbies.

 
 

REVIEW: After two weeks of trading the 5 EMAS system I managed to get 205 pips on the GBP/USD pair (12 trades: 8 wins, 2 losers and 2 break even). This system is easy in use if you have some prior experience in forex trading, especially the free included expert advisor makes live easier because it will notify you when a new forex trade is signaled. Newbies may have some troubles at first in understanding the 5EMAS system.

Apart from giving you a broad and very comprehensive introduction to the topic of forex marketing, you also get in depth training on the system itself, the money management system that goes with it and the Electronic Assistants (EA) that have all the indicators pre loaded for use with the MT4 trade platform.

Also my partner made 80 pips the very first day using the 5 EMAs trading system. It can be applied to most of the major currencies allowing you to make even more.

Whether you do scalping, day-trading or short term trading. It uses a set of common technical indicators including, Trend Lines (Support & Resistance), Moving Averages, MACD, Stochastics, Williams' Percentage Range and the RSI.

I love the exit strategy that allows you to gain maximum profit from your trade. Depending upon the exit strategy selected, the 5 EMA's system generates monthly returns of between 30% and 55%.