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Adam
Burgoyne's 5EMAs
Forex System is a unique, in-depth trading system that fully
reveals its methodology and openly discloses to the trader how
it works - unlike most "black box" systems and expert
advisor scripts.
But that
said, the 5EMAs also includes its proprietary EA program that
works with MetaTrader 4, along with 7 other bonuses & tools
for forex traders.
Their
site is chock-full of trading account screenshots and otherwise
"proof" of the system's effectiveness - its first
example being that of a live trading account that went from
$5,000 USD to $38,572 in 238 days (actual
trading, not paper-trading), with very few losses along the
way.
However
- this was no-doubt accomplished by an agressive, experienced
trader. 5EMAs might be a magic-bullet for those who understand
what makes the forex market "tick"...
...but can
Adam's system really work for a complete novice who follows
each step exactly as described by the 5EMAs system?
Let's
see how it's performed for other traders...
5EMAs
Forex System At a Glance:
The
"box image" displayed above is the property of 5emas-Forex-Trading-System.com
and its respective owners.
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UBOmeter™
Rating
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Overall
Rating
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What's
UBOmeter™?
The
"UBO" in UBOmeter™ stands for UnBiased
Opinion. We determine the "UBO" score
by finding no less than 10 unsolicited, unbiased consumer
reviews of this product - found
on various forums, blog comments and other social media
properties. Opinions are only measured when the commentor
has no incentive as an affiliate or otherwise bias.
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What
It Claims to Do:
The
5EMAs System
claims to be a revolutionary, accurate trading formula that
was previously used by a fund manager to generate consistently
high-profile profits in the forex market.
The
system is allegedly able to predict market movement with such
a high degree of accuracy that it can produce monthly returns
ranging from 30% - 55%.
It
also claims to be adaptable to any trading style - whether that
be swing trading, scalping or day-trading. Burgoyne states,
in his words:
| "What
good is a Forex trading system (however accurate) if it
takes a lot of trading experience to be able to implement
it? Well, this is where the 5EMAs
Forex System differs from all of the other vague and
difficult trading systems on the market. I guarantee
that if you can learn to iron a shirt then you can learn
to trade the 5EMAs Forex System! Most 5EMAs traders
can put the system to work for them just one day after reading
the course." |
Burgoyne
makes it clear that 5EMAs can be easily implemented for long-term
profits by traders who have little time to trade - even just
a handful of hours over the weekend. These traders would still
turn a profit (allegedly), but not to the scale of someone who
has the time to trade on a full-time basis.
And
finally, the 5EMAs main strength is its alleged ability to generate
signals for trades at the very beginning of a profitable move
between a given currency pair, while most other trading systems
only catch them near the end of their cycle.
There
are three general exit strategies to choose from when using
5EMAs, each with a varying level of risk and potential profit.
What
It Actually Does:
The
performance of 5EMAs
for its actual users (traders) clearly depends directly on the
experience level of the trader. It was obvious from our
research that the people who were having a great amount of success
with the system had a clear and thorough understanding of how
to calculate support & resistance levels accurately for
each trade executed.
(One
trader on a forex forum claimed to have caught a few trades
that moved more than 400 pips, just by using
5EMAs)
The
people who experienced poor results with 5EMAs were newbies,
without a good handle on how to trade profitably on their
own to begin with. In every case, however, expert & newbies
alike - they all attested to the value provided by Burgoyne
and the level of support available.
The
Expert Advisor version of 5EMAs (for MetaTrader 4) also includes
indicators, so that you can see the "why" behind its
trading algorithm.
Conclusion:
5EMAs
is an incredibly valuable trading asset for experienced traders
that can accurately generate signals for trades at the very
beginning of their movement, with exit strategies to suit any
risk level.
But
the more volatile trading systems within 5EMAs
are not for newbies.
However
- that said - due to the extensive amount of training material
available, along with the fact that Burgoyne's system is fully
disclosed and explained (even his EA indicates the reasoning
behind the formula), this is still a great investment for
a beginner who wants to learn the ropes with demo accounts
while at the same time actually understanding how it
all works - from the inside out.
And
for any experienced trader who's not yet seeing monthly
returns ranging from 30% to 55%, well,
this one's probably worth a try :-)
The
"box image" displayed above is the property of 5emas-Forex-Trading-System.com
and its respective owners.
You
can download your own copy of 5EMAs Forex System here >>
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