18 January 2017 update

Welcome to another issue of brainyforex newsletter.

Last newsletter we mentioned we put FAP Turbo 3.0 on test. The trading statistics using the H1 timeframe showed very poor results. The actual maths behind the strategy did not show any promise of recovery so it has now been removed from testing.

Inertia Trader by Evan Goldstein has now been added to the testing page and we have completed an interview with him. Go to the main testing page or the interview page and you can add your comments or ask questions below the interview.

Evan's system has shown superb results on his real money account over the last 8 months through myfxbook. So it's worth trying to find out some of his secrets.

The main testing page is www.brainyforex.com/automatic-forex-trading-systems.html

Jared Rybecks EA CovertFX did finally recover from it's 50% drawdown on our demo account. Then at the xmas break period it fell back a little and is now once again in the process of recovery. We notice that the results through his broker are better than our IC Markets broker.

The US Dollar index powered through the $100 mark and has now retraced back toward this level to test it as support. A typical WD Gann teaching. Once price breaks through resistance it usually retraces back to that level to become support. The US Dollar analysis with the password usa www.brainyforex.com/us-dollar-index-analysis.html

Till next time

Regards

Fritz Gewerth
www.brainyforex.com

PS - Spread the word about brainyforex.com. "Blowing the lid off scammers!"