Tired of seeing red in a sea of Forex Metatrader 4 indicator products? Well, before you know it, another forex signal product for Metatrader 4 has found itself on the market, and it is called the “London Forex Rush System.” Do we think it is a scam? Well, let’s see what Al Russell, the creator of the system is up to.
The London Rush Forex System, is a trading advisor that was designed to generate a signal to use while trading intraday in the London market. This market trades between the hours of 800GMT and 400GMT. The advantage here, is to only trade two hours in a day. Al claims that you do not have to do any technical analysis, and that you do not have to have a ton of experience in trading forex.
How the system works, is at the time when the Japanese markets give way to the London Markets, Traders from the larger banking institutions will throw their cash right into the market, creating swings within a 100 pip range. The signals included in the system will detect this, and tell you when the appropriate time is for placing a long or a short position.
So, instead of sitting around like the majority of intraday traders, which do nothing but sit in front of their trading computer all day, and watch signals contradict each other and put their minds into a spin, this signal will tell you to buy or sell. You don’t have to even understand how one thing works on forex as you wouldn’t have to look for waves to form or certain EMA crosses, as it tells you in plain English.
By: Thomas Howell
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