Forex AssassinForex Assassin system is out in the market. It has generated curiosity in the currency trading market.
However, is it a system that you should buy?
Let me help you with that decision.
Whenever you are looking for a system to trade, it should have 3 important components :
1. It should be easy to understand. If you don't understand, you cannot apply the strategy when placing trade.
2. It should be reliable or at least it should mention the conditions when the system will work better. For e.g. If a system is applicable only on 15 min chart, then it should give consistent results.
3. It should always mention the pre-requisites. The prerequisite can be that it requires knowledge of EMA indicators or it can be used only by seasoned-pros etc.
When you look at Forex Assassin System on these 3 criteria, it becomes very evident that the creator of the system tried to make it very easy. In fact its so easy that it doesn't requires any experience as the system comes with a formula in which you just have to enter the price of the currency pair and the formula will tell you if the buy and sell points for the trade and when you should close
