920% Profit Using D8L1 Forex Trading System Strategies

Thursday, February 26, 2009, 14:24
Forex Trading
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1 comment

As you may know SureFire Trading Challenge opened few days ago offering six great Forex trading systems which grew traders’ accounts from 156% to 2307% per month. It is a huge surge!

I got those systems and viewed them down. The first thing I want to mention - 3 winning systems ran on Forex Demo accounts and only 4th,5th and 6th Forex trading systems ran on Live accounts.

I believe that if you would trade the same system you should get slightly different results when day trading on Demo account versus Live account. I will not be expanding explaining why it is so.

Therefore, I want to talk with you only about Live accounts - the best ones of the Live accounts.

It is named D8L1. D8L1 Forex trading system was offered by Obiliza Manan. He is Malaysian and works as electrical chargeman. He studies trading Forex market only after work, but he gained more than 920% in one month.

He trades by himself using his Forex trading system which Surefire Trading Challenge named as D8L1 system.

D8L1 system overview

Obiliza trades only GBPUSD currency pair on FXCM.COM Trading station and concentrates to 4 charts:

4 hour;
15 minutes;
5 minutes;
1 minute.

And here is the list of the indicators he uses:

SMA(21);
EMA(21);
Stochastic(9, 3, 3);
MACD(12,26,9);
Bollinger Bands set at 20 with standard deviation of 2;
Trendlines;
Support and Resistance;

He uses the same set up on each time frame.

And here is his account summary:
D8L1 account summary

You can discuss D8L1 system with the creator Obiliza at SureFire Trading Challenge forum.

P.s. Also, you should be aware that those 6 Forex trading systems that all the traders are talking about will be removed from the market on Friday.

The creators of the program just can’t cope with the number of the people who want to join. They had so many people on the website that they crashed two servers and nearly brought down a network.

The website will close Friday midnight EST!

Be sure to get those Forex trading systems till it closes.