by Fritz at brainyforex
(Busselton WA)
Three and a half stars. I did this course about three years ago. Peter bases his method on about a four indicator setup. He waits for price to rally in a downtrend before entering short or waits for price to dip before taking a long position. Then confirms with a trend line break and reversal candle pattern. Plus, watches support and resistance levels.
Waiting for this pattern to develop over a period of time is the problem. Will it develop at all? Maybe? Maybe not?
If you can program it into a automated EA robot system then it would be great. No waiting in front of the computer ... falling asleep.
Overall, his AM reviews each morning are good for beginner forex traders. A lot can be learn't. Apart from reviewing what happen in the prior 24 hrs price action, traders send in their trading charts for analysis and appraisal. Traders are kept informed with many aspects of the forex industry.
Overall, I give it a positive rating and am happy I did this course.