Price Action Forex is a service with many features. Anyway, it looks quite familiar. We have seen this logo and packages several months or half a year ago. There’s a claim that “Redefine Stress-Free Trading.” We have decided to check everything before we can say for sure if it fits people’s expectations.
Features
The presentation includes various explanations and statements about how the system can help us to be profitable.
- The indicator is a semi-automatic trading solution that can inform us when the right time to open an order is.
- The main strategy should be Price Action.
- The developers claim a ridiculous statement “over 701,463 traders trusting this strategy worldwide.”
- We can trust this scam statement.
- The system can be applied to Forex, Indices, Commodities, Stocks, and other financial instruments.
- There are 13 years of the developers’ experience.
- “We can enhance our trading knowledge with free trading analysis.”
- They provide 24/7 support.
- The accuracy rate can reach a 90% mark.
- “The world’s leading banks control over 79% of the Forex volumes. And this provides the power to control the prices in the short-run and long-run. Traders try to apply strategies to the market which is not controlled by them. This is the reason for such a high failure rate in this market.”
- PAFX Secret Indicator is designed based on the “secret strategy.”
- The system focuses on spotting trading opportunities based on bank activities.
- “Banks frequently manipulate asset prices to hunt for retail traders’ stop losses. How they do it is by raiding prices above or below supply demand zones, significant highs, and lows.”
- There’s a part where the developers explain how a break-out strategy is used by banks to trick people.
- The devs claim that “if we see, the price has broken a high, but the indicator has not, it simply means that the high is fake and we should look for selling opportunities. Vice versa, if the price has broken a low, but the indicator has not, it means that the low is fake and we should look for buying opportunities.”
How to start trading with Price Action Forex
Let’s talk about an offer. The original price was $179. It was too much for an indicator. Nowadays, the price is $79 only with a 56% OFF. The package details aren’t clear. Most likely, there’s a copy of an indicator, trading ideas, backtests, and some educational materials. We can’t rely on refunds.
Backtests
We have no backtest reports provided. The devs mentioned that we could receive them after purchasing. It’s a scam. No one does this. They should be provided ahead. So, there could be something that we’re not happy with.
Verified trading results of Price Action Forex
The devs don’t mind about testing the system and sharing with us these reports. The claim about providing backtests after purchasing sounds ridiculous and not trustworthy. We should know this right before purchasing a product.
People feedback
The system has a page on FPA with a horrible rate of 1.4 from 5 possible. There is a wall of negative comments – 55 reviews.
We may note that there are no clients who could manage to be profitable with them.
Is Price Action Forex a viable option?
Advantages
- Affordable pricing
Disadvantages
- No risk or money management advice provided
- No backtest reports shared
- No trading results shown
- No refund policy applied
- No positive feedback written
Summary
Price Action Forex is a scam service that is hated by many clients. The presentation doesn’t include backtest reports or trading results. From testimonials, we know that the service is dangerous and not profitable. We can not suggest you work with it.
