Forex Ambush 2.0 is a currency trading signal generating service which also offers the use of an autotrading program to place the trades for you according to the signals you receive.
The biggest claim on the Forex Ambush website is that they have a 100% accuracy rate. This is unheard of as the common opinion is that there is no trading system or service that is always right. There’s always the risk of losing.
However, Forex Ambush does get a 100% accuracy rate (not including drastic situations). If you want to know how it does so, here’s how Forex Ambush 2.0 Work:
1. You get a trading signal and enter a trade manually (or with the trading robot). You place a Take Profit price of 20 pips and a trailing stop of 5-8 pips. This means that your maximum profit is 20 pips, but once you enter a small profit of 5–8 pips you set a breakeven stop which means that you can now not lose money on this trade.
Let’s be clear: a trailing stop of 5 pips is very low since it restricts your trade. However, it is an excellent way to boost accuracy rates since you reduce losses.
2. But what happens if the trade doesn’t go into a small profit but turns the other way is more interesting. Forex Ambush 2.0 employs no Fixed Stop Loss. There is nothing to limit your drawdown. You can be down 300 pips and still be in the trade. This goes against conventional trading wisdom which states that you have to limit your losses to be able to make money in the long run, but Forex Ambush employs a different strategy.
You just remain in the trade until it reverses and you end up with a small profit (20 pips maximum). You may be in the trade for weeks and months, but this is how Forex Ambush is 100% accurate.
Now, some traders report that most of the trading signals you get do enter into a small profit fast, so you can profit with this strategy. However, you can also go into huge drawdowns, temporary as they may be.
Source by John J. Drummond