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Forex Rebellion
21
Nov
Reviewed by “Daddy Forex” – System Tester
Russ Horn gives us a really comprehensive account of his background and how he got into trading. He takes a responsible approach to introducing trading emphasizing the pitfalls as instead of the ‘Never Never Land’ approach that many vendors seem to employ.
The package comes with a 96 page eBook that is reinforced with a series of 5 minute video’s that back up and provide further examples of setup and how to use the system. It was an interesting and relatively painless process for the beginner.
I decided to go through the whole system from scratch with lessons on how to setup MT4 and set up the various indicators. This meant that the raw recruit could see how the indicators and signals fit into the system giving a greater understanding to how they work both individually and together. There is an automatic set up file that instantly installs everything by following this you can miss out on a lot of information to the workings of Metatrader.
Forex Rebellion uses the daily, 4hour, 1hour and 15minute charts on 10 different currency pairs: EURGBP, EURUSD, EURJPY, GBPUSD, GBPJPY, AUDUSD, NZDUSD, USDCAD, USDCHF AND USDJPY.
The system is described in detail in identifying entries and putting on trades to placing your stops and exiting trades. The eBook finally ends with a series of bonus tactics that maximize the use of the indicators.
I have been trading Rebellion for the last 3 weeks. Beside some hiccups I am getting more winning trades. By following Russ’s advice you can minimize losses by adjusting your stop loss as the trade gain pips. I am using the H4 time frame and run Rebellion in the background every so often it will provide an audio signal notifying me that it has identified a suitable trade and suggested entry point. Rebellion has proved it can live alongside my everyday activities without constant attention (attention required only once every new candle). If you have the time you can trade on the M15 time frame which is a lot more demanding.
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Just wanted to drop a line to say that I believe you are the most honest, straight forward and cool person in the Forex world (apart from being knowledgeable about the whole deal, which is not a little thing).
You probably have quite a few people frowning at you in the "higher circles", but your members and followers surely love you for being so trustworthy and clear minded.
Sandra
2 Comments
I have been running Rebellion for about 3 weeks on my live account. As a relative newbie (I know it takes years to get up to Donna’s level of experience), this is the best manual system I have tried. It also outperforms every EA I have tried or am currently using. In the last 3 weeks I have traded about 3 days a week on the 1 hour charts using only about 5 pairs of a possible 10, at a reasonably aggressive (approx 7%) risk per trade. In this time my account has slightly more than doubled. I just had to share this with you.
Regards from Bob O
Bob, Can you give us an update on your progress, and would you mind letting us know what 5 pairs you trade ? Thanks. Andy.
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