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Was wondering if anyone has tried this system yet, Forex Rebellion, with any kind of success. I'm interested in getting this system, but like any commercial system, I'm hesitant, and may just go with one that's already on this forum (which system here on this forum would you recommend to a beginner?)
I'm testing this system now. It is an automatic system,but you will get signals when to open trades,but EA will only notify you(not open the trade for you). And you will get some nice indicators+rules. And a lot of videos.
It is really easy to use this system and a guy who made it-he really prepared everything very nice.
I was kind of interested in forex rebellion until I started getting tons of spam on it, which made me suspicious. One thing I can say about it is it is probably the most over hyped system on the net right now. Maybe it is good, but it is hard to find objective reviews on it.
I have the system now and it is ok. It's a manual system using ema crossovers and qqe for confirmation - that's about it. There is nothing really great about it, but I do like how he manages the trade - that's actually the best part about it. He has a very clear way to manage the trade and how to move your stop up in a very logical manner. The problem is it produces plenty of false signals, which is inherent in any ema crossover system. He shows winning trades in his videos, but if you look back on his chart there are many losing signals, so I wish he would explain how he was able to avoid those losing signals and then take the one winning signal for the video. But all in all it's not a bad system. I think there could be ways to improve it if a group of people got into it and shared their trades with it and worked on it.
I have the system now and it is ok. It's a manual system using ema crossovers and qqe for confirmation - that's about it. There is nothing really great about it, but I do like how he manages the trade - that's actually the best part about it. He has a very clear way to manage the trade and how to move your stop up in a very logical manner. The problem is it produces plenty of false signals, which is inherent in any ema crossover system. He shows winning trades in his videos, but if you look back on his chart there are many losing signals, so I wish he would explain how he was able to avoid those losing signals and then take the one winning signal for the video. But all in all it's not a bad system. I think there could be ways to improve it if a group of people got into it and shared their trades with it and worked on it.
Yes, correct PIPPILIGRAM to many falls signals, but he explain only profitable one, and never even commented bad signals. I can't believe that someone can even claim for system like this to be very good one!?
My suggestion to everyone: DON'T GO FOR IT!
Hey Knez - that's probably why they had to over hype it - hit it fast with marketing before the word gets out that it's not that great. I was hoping it would help me with trading the NY session. That's the only time I can trade but I can't find anything that works consistently in NY. One day I hope to find it!
I purchased the rebellion system october 6th last and tried it on the 1 minute chart for scalp testing. Scalping is the style I prefer.
I have to say that it does not disappoint me and conclude that it can work for scalping.
Certainly it is not perfect but which one is by the way. If you stick to this system with its rules and use proper money management it is profitable.