3/2/2023 0 Comments Russ horn forex winnersThis technique is based on retracements applied on a trend. Horn try to made simple, in any case, if applied well it works. I use the first of the manual technique called "power trader". Little explaination added to Russ Horns strategy I sure wish Russ had tested this system better as it's obvious from our testing that using the trailing stop is never going to produce any profits.Ĭomments for russ horns free forex trading strategy was a loser using trailing stop PS - Not sure if this strategy would work with a take profit target of x pips with a similar x pips stop loss instead of using a trailing stop. System now taken down from testing as EUR/USD even started making consistent loses like the other pairs. Of the four currency pairs tested (AUD/USD, GBP/USD, USD/CAD & EUR/USD), only EUR/USD showed a small profit so only this currency pair is currently remaining on testing after 1 January 2013 for a little while longer. Unfortunately, the results have just been a steady decline in profits on the demo account for the whole three weeks it was tested. (Russ said it works really well and he uses it as one of his favorite trading strategies).īrainyforex had this trading strategy professionally programmed into an automated trading system as Russ Horn's marketing did say he is one of the best forex traders in the world. When Russ Horn was promoting his Rapid Results Method trading system to the public he gave away a free trading strategy called Forex Power Pro as a goodwill gesture to show that he is a genuine trader educator. 2 months testing on demo account, it lost 22%. As seen from the demo account, this system is a consistent and steady loser. The system loses all it's profits once the market starts to consolidate into a sideways range.īrainyforex's testing shows that this strategy when used with a trailing stop is useless. This free strategy that he gave out as a part of his promotion for his RRM method only works when the markets are either trending up or down in a MAJOR WAY. For Russ Horns free forex trading strategy. Russ horns free forex trading strategy was a loser using trailing stopĠ star.
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