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241Forex Review

 

Overall Rating =
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Performance
241Forex
Price/Quality
Easy to Use
Customer Support
Flexibility

 

Performance:

241Forex is a Forex trading course that comes with 2 different systems: one day trading strategy and one swing trading strategy. The day trading strategy usually gives 25-50 pips per trade and the swing trading strategy usually gives 100-300 pips per trade (usually holds the trade for days to weeks).
241Forex doesn’t have an account screenshot in their website.

 

Price/Quality:

241Forex currently retails for $97. This price is high considering that they don’t give any bonuses and they only provide 2 strategies. Nevertheless, they have 8 weeks money back guarantee…

 

Easy to Use:

After buying 241Forex, you’ll have immediate access to the PDF manual as well as a spreadsheet. This spreadsheet has the system’s formula.
All you need to do is to insert the data in the spreadsheet and it calculates the stop losses and targets for the different currency pairs.

 

Customer Support:

241Forex customer support isn’t either good or bad. It’s reasonable. They answer their emails but they’re not very quick or nice.

 

Flexibility:

241Forex can be used by beginners, intermediate and advanced Forex traders. Since you can personalize the strategies, you’ll be able to adapt them into your own trading style. This has only one problem... If you're a beginner, what are you supposed to know how to customize the strategies?

 

Overall Rating:

You have better options than 241Forex. Although, this is a flexible and easy to understand course.

 

 

Key Features

  • Which is the best trading system used religiously by traders and how 241Forex builds upon it;
  • The 5 best currency pairs to focus on when trading and the 1 that can give the most profits;
  • How to follow the trend and calculate your entry with laser precision;
  • Step by step instructions with photos on where to find market data and exactly how to import it in the spreadsheet to your long and short triggers;
  • Exactly when to exit the trade depending on your trading experience, to maximize your profits;
  • How to exit the trade to minimize your losses, if it is becoming a loser. This is one of the most important aspects of currency trading and you will know exactly what to without panic;
  • Which number to change in the spreadsheet equation to personalize the system according to your preferences;
  • How to average your position if the trade goes against you;
  • Two more safety stops you can use if you are an intermediate or experienced trader;
  • A simple way to calculate the range of your intraday trade using data of the previous days;
  • Step by step instructions to find out exactly when to enter your day trade without guessing;
  • The number of pips you must use as a guideline to exit the day trade or tweak the system to your needs;
  • The best time frames to day trade according to the pair of currencies you are using.

 

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