SPAT stands for Simple Price Action Trading. The developer of SPAT Forex Systems Dewa Daniel claims that he is making consistent 800 pips each and every month with these systems. For example, he was able to turn a deposit of $2,999 into $20K in just 4 months with these strategies. This comes out to around 700% return in 17 weeks or around 41% return per week on average.
SPAT Forex Systems comprises of two powerful strategies that are mechanical and are based on price action and momentum. The best time frame for these two strategies is the M10-M30 and the best pairs are EUR/USD, GBP/USD, AUD/USD, USD/CHF, USD/CAD, EUR/JPYetc. You will get highly accurate signals when you will install the custom softwares that come with this system to make a consistent 25-80 pips daily.
You can take a detailed look at the above live account statement. The daily target is to make at least 40 pips. There are at least 3 signals daily that can make 25 pips even in a ranging market.
This is an example of the trading signal generated by the SPAT Forex System. There will be around 3 signals daily as said above and trading these signals is mechanical. No system can be 100% risk free. This is how the pro traders make money in the currency market on a consistent basis. First of all they are highly patient. They wait for the right trade setup. Impatience is something that you should avoid at all costs as a trader. Once you spot a high probability trade setup only then enter into a trade. When you enter into a trade, use tight risk and money management rules. This is what is going to help you in the long run. You only need to learn how to be patient and disciplined when trading daily, if your system has got more than 70% win rate with proper risk and money management, you will be able to compound your equity into a large sum.
The developer is giving one month of money back guarantee. So if you get interested, first test the systems on the demo account for at least three weeks. Make trades daily and enter the details in a trading journal. After three weeks make your judgement about the system. The most important thing that you should answer is whether this is an easy system to trade and how much accurate are the trading signals generated by this system. If you find the systems to be easy to trade and the winrate of the signals generated by the system is high, you can think about doing more testing on a live account with a small deposit of $250.