ForexSpirit

I’m going to take a little break from journaling my trades for about the next week or so. I’m testing out the Logical Forex setup and as such any trades taken are more experimental in nature than anything else. I need to give it a few days to see what jives. [...]

I tried to not overly concern myself about the market movements and structure leading up to when I started trading. Instead I wanted to see if I could just concentrate on what was unfolding and try and enter the flow.

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In a search for guidance I googled ‘scalp forex for one hour’ over the weekend. In amoungst all the usual dross I found one site that caught my eye: logicalforex.com.
The site has a whiff of forex marketing wizard magic but there were enough nuggets of what I was looking for me to keep reading. [...]

The euro was under pressure again this morning with another straight slide since the London open. I decided to have a bit more conviction in trading some counter trend longs as compared to last Friday.

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My curiosity got the better of me and I decided to see how the Forex Pro Cloner MT4 EA was communicating with and replicating the trades of someone else.
The short answer is: it isn’t. The product is a scam.
Even before I’d downloaded and installed the EA I knew that I was in for disappointment. [...]