Forex Market has been recently attracted by Vladimir's LST System.
One thing that attract me a lot was, LST concept trades the way I trade.
I've been trading Price Action with Vladimir's LST Concept that probably return a very much better result than LST (see the live pips gain at my post as Captain at Indo, Kapten at FF's MW trading). It incorporating Market Makers Method, Supply and Demand, Support and Resistance.
BUT, it takes a lot of focus and analysis.
Thank Vladimir that LST mechanize the whole process.
1. LST first step is to find a divergence of 2 significant swing point around extreme area.
2. Secondly, find a reversal candlestick pattern.
3. Thirdly, eye confirmation; S/R, Fibo, etc
Yet, in my point of view there were several weaknesses in those steps if Traders lack of knowledge on PRICE ACTION.
Following the Vladimir's LST system strategy guide strictly will grant you a success but the system are not capable of differentiating between a small retrace/pullback or a reversal. It gives you the same signal. This is a hole that could trap newbies.
The same old saying would repeatedly complained as MMM method was. Some would be disciplined enough to success while some would take every signal with lack of discipline and trade management then complained all the time.
Why would it be? Let's dig and test drive it in the days to come.
Click - Here to visit Vladimir's LST System website on Clickbank
