Q: Which platform does Forex Wealth Strategy (FWS) trading system work with?
A: It’s designed to work on MT4 platforms, which are the most widely used and customizable trading platforms.
Q: What do I need to do in order to start using the FWS trading system?
A: Nothing could be easier. Just download any MT4 platform and start with a demo account. Everything else will be in your package.
Q: What I can trade with FWS trading system?
A: With FWS we can trade everything your broker provides, including currencies, metals, indices and so on.
Q: On which timeframe is FWS designed to work?
A: FWS works with any timeframe useable on MT4 platforms – from the 1 Minute upward.
Q: What if I get an entry signal but later some indicators change their signal?
A: What matters are the signals we get at the time of the entry as per the system rules. What happens after that doesn’t matter really because the market is dynamic and changes constantly.
Q: How accurate is the system?
A: The system, after you learn it, has a win rate between 70% and 80%.
Q: What is the learning process?
A: You get 4 DVDs and a manual that fully cover the system and its rules. Plus, bonus videos in the private members area, as well as weekly webinars, and access to the forum, where I will answer all your questions.
Q: Is this system suitable for beginners or is it for pros only?
A: It is designed for both beginners and pros. The lessons will cover everything – even if you’re brand new to Forex, you will learn everything you need to be able to trade. The system is explained systematically, step by step. And with my guidance inside the members area, everyone who wants to learn will be able to master it.
Q: Is it a mechanical system?
A: Yes, the system is mechanical and if you follow the rules you should see results. There is an option to have it automated however you need first to become a member to take full advantage of that.
Q: How will I know if I’m trading it correctly?
A: Inside the members area I have a section where you can post your trades. I review all of them and give you my input on what you did well, and where you made mistakes.
Q: What kind of indicators does this system use?
A: All indicators in this system are proprietary, custom-built indicators that you can’t find anywhere else. There are 8 specifically coded indicators. They were specially designed to meet the needs of the system.
Q: Is there a monthly fee?
A: No, once you purchase the product you get access to everything and you won’t be billed again.