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Forex Cash King – Trading System

Forex cash kingHere we have Forex Cash King a trading system that promises 6 figures. I doubt it, but I will take a look at this thing and let you know what I think.

Tagline: Newbie Trader Makes 6 Figure Income trading only 30 minutes per day, making $2,297 per trade without even using a Forex Robot.

What is Forex Cash King?

It seems to be a system very against Forex robots. We here at Forex Robot Nation love these so that is one strike against them haha. Where this system seems to think they have the advantage over other systems are these:

  • Trading with LAGGING Indicators?
  • Entering trades late and with big stop loss?
  • Exiting trades early, just to see price fly back to your direction?
  • Hesitating to enter the trade, just to see the profits you could have made?
The Forex cash king developers find that these are the problems that users often face. They believe that with their software that Forex traders will not have to be faced with any of these difficulties because it is a very basic strategy that doesn’t rely on software.
Lets take a look at some of the filters that Forex cash king users to get the results they do:
  • Volatility Filter to ensure that you won’t enter slow trades when price is going nowhere..
  • Trend Power Filter to ensure that you reach profit quickly
  • SR Filter that prevents you from entering trades right to support or resistance levels
These are elements of the Forex cash king system that are supposed to ensure success.

Forex cash king conclusion:

I am not 100% sold on this product. If you have any information that you would like to add to our review you certainly can. However, at this point I am not going to buy Forex cash king.

About Patrick Ryan

Patrick is a Forex enthusiast, with over 10 years of experience in finance, and market analysis. He's eager to help traders achieve their investment goals, whether they are short or long-term. Patrick's penned thousands of reviews, and is always available to discuss trading with anyone who's interested.

2 comments

  1. Sorry last entry actually refers to fxmillionanire NOT cash king and another of my ea’s has opened a buy eur/usd and its now in credit? maybe the orders will retrace. I’ve jumped out anyway… the overall drawdown was too much for my little heart to cope with.

  2. ok guys – market open and i’ve manually closed all outstanding orders. I may be wrong but from my calculations i cant see the eur/usd or the eur/jpy going up (buy orders) for a while yet so in my estimation further drawdown expected on the account- 😮 As soon as I closed the eur/usd buy orders which were getting seriously carried away in drawdown it opened another pending buy. 😮 I’ve turned the EA off now waiting further update as to whats going on.

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