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Profitable Trend
Forex System
Review
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The Profitable Trend Forex
System, by John
Chen, is a system for trend-spotting that allegedly makes
it very simple for forex traders to cash in
on any trends, in advance of any action, and to then cash
out fast before it all goes awry.
Chen says that this system makes it
feasible for even a beginning trader to make around 83 - 157
pips per week.
It's a
familiar story and one that everyone has
heard many times before. What we think would make Chen's system
a real must-have would be if it consistently and reliably
identified trends significantly before their
formation.
The question
then becomes, does it in reality forecast trends before their
actual movements?
Profitable Trend Forex System
Rating:
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Our Rating
Methodology
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Overall Rating
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How We Conduct Our
Research
We determine our
rating score by gathering
and comparing at least 10
unbiased and unsolicited customer
reviews of the
product. These reviews are
also supplemented with posts
on message boards, blog comments
and related social media sites.
Opinions are only analyzed if
the author is unbiased and was
not influenced by a monetary
incentive.
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What Profitable Trend Forex System
Claims To Do:
Trend
Forex
System
(TFS) supposedly
spots money-making trends a mile off and shows you the
points at which to instigate the trade spotlessly. It
allegedly also provides clear and formulaic instruction
for getting out of the trade with maximum
profits.
More particularly, Chen confidently
claims that by using his system, it is
possible for you to accurately
establish whether or not a trading price
will trend, reverse or stall. He states that this offers the
trader a substantially profitable skill because then the trader
can enter the market in advance of the next 'big' market
surge.
In a technical sense, the
Trend Forex
System comprises a
detailed plan - in Adobe PDF format - as well as indicators
and templates for
MT4.
John Chen boldly states that he has
"never once had a losing month,"
and says that earning sums such as $4,900 in
one week as an ordinary, average trader, is truly possible with
his forex system.
What Profitable Trend Forex
System Actually
Does:
Trend
Forex
System
is actually a
concrete and reliable trading system that gives solid
results for its traders. One particular customer
reported
over a
72% win-rate - even though that was
accomplished with a somewhat modified approach to Mr.
Chen's method - which could explain the disparity in
results when compared to what the TFS
website
says.
The mainstay of
TFS is to choose short term,
over-bought and over-sold swings in
stable trending markets, which is really
a sound stratagem. Chen's money management
system leans toward the conservative side. However, it is
a profitable and worthwhile system.
The only real concern expressed by
some users was that no Expert Advisor is included to automate
alerts for any predicted trends; a custom
indicator and MT4 template is included.
Conclusion:
The Trend Forex System will
work just fine and keeps its promises - but it isn't a
truly automated solution.
We highly recommend this system -
rather than the majority of the 'black-box' programs - simply
because of the instructive aspect of spotting
trends as well as the different kinds of trends. It shows
when you should jump in and when to jump out, as well as how to
recognize which trends you should join and
which to steer clear of.
In any case, when you
consider Chen's 8 week
challenge (you
can see it if you scroll down
on the
website),
the worst-case scenario is that it doesn't work out for
you in your demo account and
you then get your money
back.
Furthermore -
would you rather
have a system that
makes absolutely NO SENSE to you -
yet one way or another just 'works' - or
would you rather find out exactly how to
identify trends that will create a profit for you almost
every time?

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