The Currensys was developed by the currency trader, Phil Mcgrew. It consists of three different systems namely: MACD Dots, Boillinger Breakout and Boillinger Reversal. These three work together so that traders can adapt simply to changes in the stock market. Each system gives signals on all time frames and any
The Currensys was developed by the currency trader, Phil Mcgrew. It consists of three different systems namely: MACD Dots, Boillinger Breakout and Boillinger Reversal. These three work together so that traders can adapt simply to changes in the stock market. Each system gives signals on all time frames and any pair. The majority of it does not require many changes in the settings, from 5-minute charts up to weekly charts. By testing the EUR/USD, EUR/JPY and GBPUSD pairs on a 15-minute chart, it will take 5 hours a week.
Phil offers indicators, a large user guide that covers every aspect of trading, and on-going support. On the other hand, they do not offer a free trial training course. But I can assure you that it is not about wasting your time and money because it is completely versatile and will help you a lot on the trading. You can also choose the time frames that are more convenient for you to be able to work with your schedules.
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Take the MACD Dots system as an example and how it will help you in one way or another. Using the MACD Dots, you can monitor the trend of the price action, the momentum, divergent situations and the market noise. Just by observing the relationship of Fast Line and Slow line you will see the direction of the market. The histogram itself will tell you the areas of regular and hidden divergence and the difference of Fast Line and Slow Line as it separates. Information about the market and technical analysis is given. You will be aware with the do’s and don’ts inside the market. MACD Dots will guide you to consistent productivity. If you want more, the Boillinger Breakout and Boillinger Reversal are available to help you if you want to increase your profitability.
By buying these products you will surely gain more money just by observing the signals happening in the systems. They also provide training manuals. The manual is clearly explainable in a professional way by Phil. He surely gives many illustrations and examples. If you are having difficulty with the software, you can contact either John or Phil. They will assist and accommodates all your questions and reactions regarding the product. I will give it a score of 5 out of 5. This is surely amazing and easy to use! Simple and yet very powerful! For more information about the product, go and visit their site at currensys.com.
Product Details
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Author: Phil Mcgrew
Specs:
Software
Comprehensive User Manual
On-going support
Access to other traders
Three systems working together
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Type: Trend, Non Trend
Platform: Ninja Trader, eSignal, Trade Station, MCFX/MultiCharts
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Phil McGrew
Phil Mcgrew has been trading professionally since 2002. He spent thirteen years in the nuclear industry, including working as a senior control room operator for the second-largest nuclear power plant in the U.S. His background in nuclear engineering actually started on the U.S. Navy, where he served for seven years as a reactor operator aboard the USS Chicago. Having an engineering background, and having held positions where exacting precision is required, it is perhaps not surprising that he is a technical systems trader. He’s living in South Florida with his girlfriend Sherry and there two ungrateful cats.
Picture of trades/equity curve
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Pros & Cons
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Pros:
Three systems working together3 at one product
Can be used as portfolio
Different market conditions for each system
Can be work with a lot of platform Comprehensive User Manual On-going support
Cons:
No free trial training course
Higher price than other products
It does not support Metatrader4.
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August 21st, 2011 at 11:08 am
I only have kind words to give to this guy, Phil. Truly one of the most helpful persons I’ve met on my journey to learning more about forex trading. He’s always quick to answer my questions and in a friendly manner too! Being able to work with him one on one on my account either via chat or phone is priceless.
His system too is pretty thorough. I don’t think he missed anything in his system. I also like how it lets you adapt to your trading style by allowing you to choose the time frame which will work best for you.
August 10th, 2011 at 6:04 am
The best system I have used!!
August 3rd, 2011 at 9:06 am
Currensys is the best system I have ever seen. A good friend recommended this and I couldn’t stop thanking him for introducing this to me. Thumbs up!