ForexGladiator.com Reviews and Ratings

Juan Saton from ForexGladiator.com is a trader and an education expert who teaches trading Forex through her eBook The ForexGladiator.com Trading Strategy. It’s a three step system that covers Identifying a Trend, Pin pointing Entry and Riding the Trend after evaluating it.

By compare the moving averages on the 10-minute and hourly charts the eBook teaches to identify the market trend. A trend is in effect when price is above or below the moving averages on both charts on an ongoing basis.

After identifying the trend, traders are taught to look for the two simultaneous conditions on the 10-minute chart – The first condition being that the market is no more than 20 points above to buy or 20 points below to sell the moving average; and the second condition being that the fast stochastic line crosses above the slow stochastic line below 20 to buy or crosses below the slow stochastic line above 80 to sell.

After the above two, the ForexGladiator.com program teaches traders to set a trailing stop after the initial trade entry. On a long position, enter a stop-loss order 10 points below the 200-period moving average on the 10-minute chart. In the case of a short position, one is taught to place the initial stop 10 points above this moving average. As the trade goes in trader’s favor, he raises the bar for a long trade or lowers the stop for a short trade to protect profits.