Delphi Scalper Review; Is Forex Delphi Scalper Worth the Money?
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The Delphi Scalper Trading System is set to be released on April 21st, 2010. But what exactly is the Delphi Scalper System? What does it include? How does it work? And more importantly, how much will this new forex scalping system cost? In this Delphi Scalper Review, we will take a look under the hood of this new scalping system to see if it is really worth the price tag.
What is the Delphi Scalper System?
The Delphi Scalper system is a new forex scalping system created and developed by Jason Fielder and his team over at Forex Impact. Forex scalping itself is risky, but Jason and his team have created an easy way to siphon off 10, 20, and even 30 pips at a time in just a few short minutes. Now this is not a trading robot or any type of trading software. The Delphi Scalper System consists of dozens of proprietary indicators and data sets that combine to form 4 primary components (one for each of the 4 rules that will be explained later on). Now this may sound complex, but once you see the system in action, its very easy to understand and to use. All you need to do is wait for the 4 components of Delphi to line up and then your in the trade.
What are the 4 Components of Delphi?
In order to understand what the 4 components do, you must first understand the 4 Rules of Forex Scalping. First, you must determine a high probability time frame to trade in. Second, you must determine which pair, or pairs, you should scalp. Third, you must use a fundamental indicator (i.e. support & resistance lines) such as price action to determine your entry & exit points. And lastly, you must use Technical Indicators to give you directionality.
With these 4 rules in place, you can maximize the accuracy of your scalping, but you cannot skip or leave one out. They must all be in place. These 4 rules are the basis for the Delphi Scalper Trading System. From these rules, Jason Fielder and his team of programmers created a complex system which is broken down into 4 parts (based on the 4 rules). Here’s how it works:
Step 1: The proprietary “Opportunity Window” highlights the best times to scalp. Basically, if your in the window, then your fine, if outside, its suggested that you do not trade.
Step 2: The proprietary “Currency Strenght Indicator” tells you which pair you should be trading. In our example below it will make more sense, but basically, if the lines are moving away from each other, this gives you the pair you should be trading.
Step 3: The “Price Action Indicator” lines which give you historical areas of support & resistance. In Delphi, you use these highly accurate lines for your entry & exit points.
Step 4: The “Technical Arrows” are your technical indicator. They provide you with directionality and are the final filter for whether or not you should pull the trigger and trade.
Let’s demonstrate with a live example of this, so you can see exactly what to look for:
You’ll see the blue window, which is your opportunity window and since it is clearly inside this window you are good to go to the next step. In the bottom window if you take a look at the Green line, which is the USD currency, and the Orange line, which is the GBP currency, these 2 lines are moving away from each other, these are the 2 currencies you want to target, so the setup is for the GBPUSD pair. Next, the price action lines are in yellow on the top chart. These automatically give you the entry and exit points. You enter once the market gets to 1.4984 and get out and take profit at 1.4957 (which is also highlighted in the upper left of the screen. Lastly, you need the technical arrow to pull the trigger, and in this case, you have the arrow pointing downward showing you that you should take the short position. The stop loss is also discussed further in the guide and videos, but we won’t go into money management here. That’s it, once this is executed, in a few minutes you will have a gain of 27 Pips! Not bad for just aligning the indicators.
That’s a quick & easy 27 PIP Gain right there. Now that may not seem like much, but you can do this multiple times during the “opportunity window” and you won’t have to be glued to your computer all day. It only takes a few minutes. Just to put this into perspective, think about this; If you averaged just 15 PIPS in profit for 4 days a week on a $5,000 account, you would grow that account to $60,000 in just 12 months. I don’t know about you, but that’s a full time income right there, for just working a few minutes each day.
What’s Included In the Delphi Scalper Trading System?
With the Delphi Scalper trading system you will get the following:
-A Comprehensive Trading Manual
-Live Action Trading Videos
-Plus All the Proprietary Indicators
-Instant Access to the Delphi Owners Club & Support Center
What Makes The Delphi Scalper Different?
Unlike other scalping systems, the Delphi Sclaping system removes subjectivity, which eliminates errors of judgement and erases human emotion from the equation. 10 users trading side by side with this system will have 10 identical results. Not only that, but there is a very short learning curve. The system does most of the work for you, and what you have to do can be learned by a beginner in as little as 15-20 minutes from the guide and videos that are provided.
Click Here to See a step by step video of the Delphi Scalper in Action
So How Much Will the Delphi Sclaper Cost?
At this time, it is unknown what Jason Fielder and his team at Forex Impact will charge for the Delphi System. But for right now, lets take a look at the comparables and other types of systems on the market to determine what can be expected. Other Pseudo systems (which are theory only) can range anywhere from $497-1997, while trading robots range from $97 to upwards of $10,000 for the very high end ones. And Professional Systems (which are bank traded) range from $5,000 to $10,000, and in some cases these systems are worth every penny if you can get a hold of them. So it is our best guess that the Delphi Scalper system will be released at $1997 and for this amount, it would be well worth the price tag. I’m sure many would be willing to pay upwards of $5,000 for this system, but in my opinion, I don’t believe they will charge this much.
Updated 4/12/10; Delphi Scalper will be released for just $997, CLICK HERE to Claim Your Copy.
Updated 4/19/10: Jason Fielder will be holding live Webinar this Wednesday the 21st of April, CLICK HERE to Sign up for the Webinar and a chance to win one of the 2 free copies they are giving away. This will also automatically put you on the Early Bird VIP list as well.
We will make updates to this page as more information becomes available, but in the meantime, you can subscribe to our Delphi Scalper Newsletter to stay updated on the launch and get exclusive launch details. We’ve also been told that Jason will be doing live webinars in the days before the launch so you can see more live results of the Scalper in action and ask questions about the product. Emails will be sent out letting you know when these will be taking place. Just input your name and email below:
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