What is the Street Smart Forex system all about? This is a currency trading system developed and used successfully by an expert Forex trader named Zack Kolundzic. It includes strategies that profit from swing trading and day trading, and after testing out both the systems, I would say that they are both easy to understand and very effective.
All the strategies inside Street Smart Forex can be paper-tested without risking any real capital, which was exactly what I did before. You should do this too at the beginning to familiarize yourself with the system and make mistakes without losing your hard earned money.
1. The History of Forex Trading Systems
There has been a flurry of foreign exchange systems appearing all over the internet recently, most of which are proven to be quite useless after testing. A Forex trading system is absolutely necessary for success, but you need to understand how the system works and not blindly follow anyone who tells you that their system is profitable.
2. Beware of Systems Claiming to Be the Holy Grail
Most people are looking for the Holy Grail of Forex trading that will make them lots of money quickly, which is something that does not exist. However, marketers know that these people exist so they continually sell systems promising to be the next big thing.
3. Review of the Street Smart Forex System
The basis of this system is actually very simple yet profitable. You will learn how to identify the long-term trend of major currency pairs and look for signals to enter the market to follow the trend. It has produced some huge pips for me in some trades that have exceeded one thousand pips profit per trade.