Comments on: Forex MegaPips

By: Olayemi

Olayemi — Fri, 08 Apr 2011 14:38:43 +0000

This is about the best signal software i have ever come across,
but just just like any other system, it wont make you money every single day as no trading system is 100% accurate but i assure you that at the end of the month, you are goin to be smiling to the bank.. just make sure u apply good money management and you’ll do just fine. the signals are generated based on pure price action of the previous days trading activity

here are some tips that i think will help you maximise the earning potential of this great software:

1.Trade only in the direction of the intraweek market trend.

2.Do not buy against a resistance level and don’t sell against a against a support level.

2.Make sure the take profit is is within the high or the low of the previous days range.

4.Trade only volatile pairs with this system e.g. GBPUSD,GBPJPY and maybe even EURJPY

5.Always make sure that your take profit target is always within the ADR (average daily range) for the day.

6.Whenever your stoploss is very close to a round number or previous days mid-line, high, low or close, always add a few more pips say 5-10 pips to the stoploss value just in case price decides to retest that area again.

7.You can always aim for higher take profit level as long as it does go beyond the previous day’s high or low.

8.The only condition for you to take trades with targets beyond the previous day’s high or low is if the entry was beyond the previous day’s high or low.(either above or below) That way you know that price has completly cleared that resistance or support level. And if that happens to be the case then your take profit target must be located within the average daily range for that day.

9.Always check your fundamental news calendar for high impact news releases and make sure you are out of your trade before it hits the wires.

10.Don’t risk more than 5% percent of your trading capital on any single trade.

11.don’t take more than one trade at a time to avoid doubling up your risk.

By: Ryan

Ryan — Wed, 05 Jan 2011 14:45:28 +0000

I’ve owned this system for a month.

I’ve backtested and forward tested it. I’ve also used it on demo and live accounts.

I previously owned supraforex. It has a similar strategy to megapips but I actually lost many pips using that system for some reason. Even gave it 2 chances by purchasing it twice. Not sure what happened. Maybe I wasn’t using enough pairs…

Megapip’s strategy is much safer in my opinion. on my live account I use 3 pairs. This helps me gain pips every day because if one pair has a loss the other is there to make it up thanks to the 2.1 win ratio. My worst day has been a positive 20 pips and my best 102 pips. The best part about this system is I only spend 5 minutes a day putting in my trades and that’s all you need to do as well. I’m profiting 200-300 pips a week using megapips. Great system John! Thanks.

By: Williams

Williams — Wed, 01 Dec 2010 23:09:45 +0000

Forex MegaPips is without a doubt the eaiest and best signal software that I have ever used. I have tried alot of other systems that were such a waste of time, but I can tell you this is really cool. I am 120% more profitable than I was before and dont have to spend near as much time.

By: Williams

Williams — Wed, 01 Dec 2010 23:06:52 +0000

Forex has been my bread and butter for 6 years now. I have used traditional technical analysis for quite some time, but the time involved with that was absolutely rediculous. And then I discovered this Megapips software. The signals that this system provides are very much in line with my manual analysis and it literally saves me hours upon hours each day. If I would have known about this system 6 years ago I would have been able to save a ton of my time, but I guess that I am better off for the experiance that I have.

By: J.W.

J.W. — Wed, 01 Dec 2010 23:02:21 +0000

I have been trading with Forex MegaPips for over 6 months now and have done exceptionally well with it. The trade set ups usually take me about 10 to 10 minutes every morning, but it is really very simple. I love trading with this system, it is very user friendly and the support is great. Jon always gets back with me within 24 hrs. All I can say is keep up the good work.

By: VINCENT

VINCENT — Mon, 29 Nov 2010 22:27:33 +0000

If your like me then you want to be successful at everything you do with as little effort as possible. I started using Forex MegaPips 3 months ago and trading has never before been so easy for me. My only complaint is that I didn’t find this software sooner.

By: Roy

Roy — Mon, 29 Nov 2010 22:25:10 +0000

This is on is without question one of the best trading systems that I have ever used. It told me exactly where to enter and exactly when to get out… Jon, the owner, gives you are roadmap for trading and I will never trade without this system again.

By: Chris

Chris — Fri, 01 Oct 2010 19:20:34 +0000

MegaPips is the best signal software that I have used, it does well to protect against loss and is extremely simple to use. I am making great money with this system.

By: Didier

Didier — Sat, 18 Sep 2010 10:36:17 +0000

Great product, Great customer service – reply quickly and precisely. Had great return on live account – works better with GBP pairs.

By: Teddy

Teddy — Sun, 05 Sep 2010 19:37:38 +0000

This is the easiest system that I have ever used, I had some trouble at first downloading the software, but the support team was great to get me rolling. I never imagined that making money would be so easy.