Jason Sweezy | 4X Pip Snager Review
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Trading System reviewed: 4X Pip Snager
4X Pip Snager by Jason Sweezy is a manual trading system focused on the popular “forex day trading”. This is by far the most popular type of trading system as it promises “instant gratification” to the traders (assuming that they win, of course). So, is this system will be the new holy grail of all frustrated day traders out there? Read this 4X Pip Snager review first before you’re taking any decision.
The Trading System
4X Pip Snager is actually consists of 2 trading systems: Scalping system and Intraday Swing Trading system. The Scalper system mainly works on 1 minute chart and aiming for between 10-30 pips profit. You’ll get a signal to open the trade, then simply wait until the price hit your taking profit or stop loss order.
As for the Intraday Swing Trading system, it mainly works on 5 minutes chart and aiming for trend swing. Typically, the system will suggest you to put 25 pips Stop Loss and 50-100 pips Take Profit order. The risk-reward ratio is about 0.5 – 0.25, which is quite a good ratio.
Click here to check out 4X Pip Snager
Both of the methods are working on trading on retracements when the criteria is met with the two custom indicators. They’re performing the best on the European session. Most of the time, you’ll done trading in 1-3 hours since it only trades in a 2.5 hours window where you look for setups. Within that time, you can get around 40-60 pips of profit.
Pros and Cons
Pros
- Profitable trading system based on 3 time frames: 1M, 5M, and 30M
- Jason reviews yesterday’s trades in an email each morning with recap and charts.
- Easy to use
Cons
You’ll get constant e-mail promotion for other forex products. You can easily ignore this or unsubscribe from his newsletter list.
4X Pip Snager Review: Conclusion
Day trading can give you the fastest result and it also can make you bankrupt overnight. 4X Pip Snager is a tested systems that proven to be worked amazingly well for day traders. Like other systems, do test it out first in a demo account to get the best feeling out of the system.
Click here to check out 4X Pip Snager
