Tuesday, December 22, 2009

Enlightenment Forex MTF Trading Method Review - Is MTF Trading Method a Scam?

By William Barnes

The Enlightenment Forex MTF Trading Method is a new Forex trading formula that utilizes 2 or more time frames at the same time when analyzing the market trends to make a trading decision.

It has been shown that observing price trends in more than 1 time frame can significantly increase the likelihood of identifying the corrent trend direction. However, many traders today are still analyzing a single time frame charts when deciding on when to enter the market.

1. Does the Enlightenment Forex MTF Trading Method Really Work to Make Money?

Ideally, everyone would love to be able to identify the tops to sell and the bottoms to buy. However, there is no indicator in the world that can identify these points with 100% accuracy. The MTF Trading Method comes really close as it can detect a new wave trend coming up in its fairly early stages.

2. My Experience with Using MTF Trading Method

However, I have found that I would sometimes need to hold it through a negative position for a while before the trend finally plays out. At first when I first started using the method, I would get quite intimidated when the price starts to move against my trades in the early stages. However, now that I have some experience with that, I know that it is normal for that to happen and would wait confidently for the major trend that MTF method has detected to finally play out.

3. What Are the Lessons You Can Expect to Learn from the MTF Trading Method?

Trading with the main trend is the main concept that you can expect to take away by studying this course. However, if you already knew that but not exactly sure how to do that, this MTF strategy package will teach you step by step on the way to trade with the trend. - 23210

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