A Review on the Forex Kagi System
Introducing Forex Kagi.. A new Forex Trading System for day-traders, new and seasoned, who want to make good profit-worthy intraday or intra-week trades based on an Easy-to-Understand Signalling System.
In fact, it is so straight forward, as long as you are not color blind, and can tell red from green, you’ll know when to sell and when to buy. This is a very good system for novices to check out. Without any guesswork, you should be able to find yourself into one profitable trade after another.
The indicators it uses comprises of the widely available Average True Range, or ATR for short, as well as the Kagi Trend System or KTS for short.
My knowledge of Indicators isn’t wide enough to identify what exactly is the common name for KTS, if it isn’t a proprietary indicator, but nonetheless, I should think the KTS indicator alone justifies why one should buy this software.
Sample Trade by the KTS Indicator in Forex Kagi
The Trend Forex 2.0 System which I marketed for the longest time, and still personally use during wide, ranging markets comprised of several common indicators, with the addition of the Hull Moving Averages (HMA) and Guppy Multiple Moving Averages. The HMA was an exceptional indicator that did the best in spotting market turns, with a much quicker reaction to price action than the default Exponential Moving Average (EMA). On the other hand, the Guppy Multiple Moving Averages was a stellar indicator for position trading, as the multiple bands acted as resistances which would lead the trader to know if the impending uptrend or downtrend was set to continue or reverse.
KTS, like the HMA and GMMA falls into a category of indicators probably available only to traders who subscribe to professional charting tools that cost upwards of US$150 a month. Now, you can have the KTS indicator for just US$97! Moreover, if you attempt to click away from the site, you will get a FREE trading indicator system that is fairly good too. A teaser of course. It pales in comparison with the KTS.
A wouldn’t say the KTS is a spectacular indicator. But it is novel, easy-to-use and definitely worth much more than the advertised US$97 fee. The current Forex niche in electronic products is flooded with EAs these days – not that I have anything against EAs (I use them too) – but sometimes, what you really want is just a product that can give you the confidence to pick your trades and ride them out to winners. I hardly expect anyone to request purchase refunds on this product, neither would I give the creators much credit for innovation. Reason being, it’s a very safe, can’t-go-wrong kind of a system.
Let’s take a closer look at it’s features:
Features of the Forex Kagi System
In addition to the indicator set, obviously they have some Rules Of Engagement for trades, and how to manage and ride our your winners and to limit your stops. That’s as much “Money Management” as there is. The rest is the usual. Debatable “Japanese” origins & research on this product, but the bottom line: The Forex Kagi System is fundamentally sound, works, and will work not just for a short term, but for a long time to come. MMMM… FREE LIFETIME UPGRADES & BONUSES! From a regular forex pro-sumer’s perspective, I find this VERY attractive. So far, only the FAPTurbo and ForexKiller makers have been publishing regular updates, or so I know – without asking extra money of the purchaser. This is also important, because market conditions change all the time. Results within Minutes! – with this, you can probably produce statements like what I have on www.AsianWealth.com.
Let’s examine the trade methodology:
Forex Kagi Trade Interface
Just like the Trend Forex 2.0 System, this Indicator Template is to be deployed on several currency pairs at once. First, you would watch for the ATR to get to a higher range, indicating a possible trend reversal, then you would confirm your entry by waiting for the red to turn to green for a Buy Signal, or the green to turn to red for a Sell Signal. While that would be optimal trade entry, you can also enter a sell trade if the corresponding KTS shows red, or a buy trade if the KTS shows green. The “dips” or brick-like depressions in the green and blue areas in the KTS indicator refer to retracements. Bloody Easy. If you can’t do this, you’re stupid.
The Forex Kagi Day-Trading Program
With the ease of comprehension and use, and the continual updates and bonuses, I would recommend any new trader, or lazy seasoned trader to try out the Forex Kagi system for NO RISK, with a 60-Day Money Back Guarantee on a Demo or Live Account (Try my preferred Low-Spreads, Fast-Execution Broker if you haven’t got one already).
Seriously… quite counting your spare change. This system is no breakthrough nor genius formula come cheap – but this will definitely be reliable for bread-and-butter, good-trade-after-good-trade. My Final Take: If you have any mind for manual trading, GO FOR IT!
