Magic Forex Intuition is a piece of software that the (unnamed) creator claims to be able to teach users to predict Forex trends.
What does the product offer?
Magic Forex Intuition is a downloadable piece of software that uses the historical data of 27 different currency pairs to recreate a trading environment. It is in this simulated Forex trading area that Magic Forex Intuition says you will train yourself to predict trends. Magic Forex Intuition claims that its users will typically attain an 80-90% success rate within a few months with some users even getting 100% correct predictions.
How does the product work?
Whilst trading in this virtual environment you are supposed to make a call as to whether or not the charts will move in a certain direction. Magic Forex Intuition plays an “unpleasant sound” if you get it wrong. This is because Magic Forex Intuition believes that this will deter you from intuitively guessing which way the markets will move. In fact Magic Forex Intuition says logic cannot be right all the time “therefore the right answer can be obtained intuitively”.
What is the initial investment?
Magic Forex Intuition isn’t cheap and retails for $99.95 with a limited time trial version available. There is no mention of a money back guarantee or refund policy so I would assume that there isn’t anything of this nature in place.
What is the rate of return?
If you can achieve Magic Forex Intuitions advertised 80-90% strike rate then there is no reason you couldn’t earn a decent living but for very obvious reasons I am more than a little sceptical.
Magic Forex Intuition is basically saying that their software will teach you how to use your intuition to predict trends. Let’s be frank, there is no evidence presented anywhere that your instincts can be trained to do this, and Magic Forex Intuition definitely don’t provide any. Keep in mind that this is based on the notion that an annoying sound will make you guess right. Magic Forex Intuition basically lets you guess at what the Forex markets will do. I see nothing at all to recommend here.