May 14, 2009
Forex Nitty Gritty Review
Forex Nitty Gritty is a brand new forex course from Bill Poulos, but unlike many of the useless robots and systems that are currently flooding the market, this one is actually very good. I was lucky enough to get my hands on a review copy and have since spent many hours going through all of the materials, so I can now offer you my full review of Forex Nitty Gritty.
(UPDATE: The Forex Nitty Gritty course is currently available for just $39.97 via this special link. Simply click on the link and wait until the video finishes, or exit the page to be presented with this special offer).
Forex Nitty Gritty Course Contents
The course itself basically comprises three separate components:
1. Comprehensive training videos and ebooks which will give you a complete education in forex trading (ideal for beginners).
2. An actual trading method that is both profitable and easy to follow. It can also be traded on any time frame (I'm currently using it myself on the 15 minute charts).
3. Ongoing training from a real-life forex trader which also includes daily videos of the trading method in action.
(The third component is an optional monthly service that you can subscribe to but you get 30 days free access to this service and you can simply cancel your subscription if you don't wish to continue after the 30 days are up).
Who Is The Course Aimed At?
Forex Nitty Gritty is primarily aimed at beginners but if you've been trading for a while and are still losing money overall, then you should also benefit from this course because not only does it cover all the basics of forex trading and give you some very sound advice, but it also provides you with a profitable forex strategy you can start using immediately.
I've been trading for years but I still picked up a few excellent tips from some of the more advanced training modules and I've also incorporated the trading strategy into my own trading because it is a great little system and compliments my main 4 hour trading method very nicely.
Is The Trading Method Easy To Use?
Yes it is one of the simplest methods you are ever likely to come across because it is based primarily on price action. The system is so effective because it always enters trades in the direction of the overall trend and therefore the odds are always in your favour.
The objective of the system is simple. It doesn't try and enter at the start of the trend and exit at the end of the trend. It simply aims to capture a large chunk of the middle part of the trend, which is a lot easier to do.
As I've already mentioned, you can in theory use this trading method on any time frame, but I personally use it on the 15 minute charts to trade the GBP/USD, EUR/USD and USD/JPY pairs (as well as the FTSE 100 and Dow Jones indices), and have been delighted with the results so far.
How Does Forex Nitty Gritty Compare With Other Products?
Well I get sent a lot of forex systems and robots by people wanting me to promote their product, and I can tell you now that most of them are complete garbage. This new product, however, is in a different league to these products because for a start it has been created by an actual trader (Bill Poulos) who has been trading the markets for over 30 years and knows more about the markets than most of us will ever know.
Furthermore for the small price of just $97 (currently $39.97 if you click on the link at the top of this page), you are getting outstanding value for money because not only do you get a complete forex education but you also get a profitable trading strategy you can use to trade the markets (which actually generates profits, unlike most of the products out there).
Final Comments On Forex Nitty Gritty
Overall despite the dodgy name this is one of the most comprehensive forex courses you are ever likely to come across. I literally spent around 5 or 6 hours over the course of 2 days going through all of the training videos and materials prior to writing this review.
I also spent several hours back-testing the trading strategy and putting the system into practice, and can certainly recommend you add this system to your arsenal because it's one that is capable of generating profits on any time frame (although as with all systems it's not quite as reliable on the 1 minute and 5 minute charts because the trends are a lot smaller).
Overall I would certainly recommend the Forex Nitty Gritty course to anyone who is either interested in learning more about forex trading in general, or to anyone who is looking for a simple, but profitable trading system they can use to trade the markets.
If you want to find out more about exactly what's included in the course, you can do so by clicking on the following link:
(Don't forget to return to this page and click on the special link at the top of this page to buy this course at the discounted price of $39.97).