Forex Profit Caster

[Freddie]

Bill Poulos is selling a new system for $1,000. He has put out three videos explaining the system as well as a couple of charts showing how it all works.

 

Largely it is composed of triangles on an hourly or daily price chart.

 

I got to be quite interested listening his videos and was convinced that this was a super scheme until I spent some time wondering how and why the triangles were formed. It is a bit of software that he has had made but I wondered why it was so useful. I think that the answer is that it saves us the effort of marking the trends and being ready to trade the break-out.

 

After a while I came to the conclusion that other people had also worked on the same system but without triangles, just break-outs of a short term trend and were selling it. I decided that it did not need to be sold, just 'done'.

 

I wondered if people looking at our II Forum would like to discuss the basic system. It might be useful for newbies to learn.