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There are many Forex training courses on the web, but how do you know which is the best one to get? One brand new course called Forex Profit Accelerator promises to be another great system. After buying many useless Forex trading systems in the past, my advice is that you research thoroughly before making any purchases. One good way to find out if a system is not a scam is to find out about the owner of the system.
1. Who Made The Forex Profit Accelerator System?
This course is designed by Bill Poulos, a trader who has had more than 30 years of experience. He has sold a couple of systems that I have personally tried like Instant Forex Profits and The Quantum Swing Trader System.
He places a lot of emphasis on sound money management techniques, and most of his trading formulas are made to take advantage of huge price swings. Bill also makes his system as simple as possible so that anyone can implement it with only 20 minutes a day.
2. The Strategies Taught in the Forex Profit Accelerator Course
There are 4 main methods used in this course, all with the objective of catching huge price swings. The first method called Instant Pip aims to catch about 50 to 100 pips with every trade that usually lasts one or two days.
The second and third methods are called Pip Maximizer 1 and Pip Maximizer 2. Both methods typically produce trades that may last one or two weeks, but they differ in their type of entry strategies.
Finally, the last method is called Pip Reversal, which is a system that catches huge trend reversals. This method may not find many trades per month, but it captures the largest price swings that can go up to 300 pips per trade.
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Source by James Guerandel