Operation: Black Eagle is a trading strategy developed by Alex and Nicky Ong and currently being marketed by Agora Lifestyles that is based on their Dax Sniper method of trading.
What does the product offer?
The sales material for Operation: Black Eagle reads like a militaristic briefing and refers to using the system as being in and out of the Dax with nobody noticing. Despite the rather exiting method in which it is sold Operation: Black Eagle is a reasonably straight forward trading strategy at heart. The system has been designed by Alex and Nicky Ong to allow pretty much anybody to start making money through a very specific method of trading. The methods aren’t too complicated and according to Agora Lifestyles’ rather extravagant copy can also be applied to other indexes (although the Dax is preferred for reasons that I shall explore below).
Operation: Black Eagle is mostly trading in the morning and despite being sold as taking just minutes (which a trade may take you), it does require several hours of watching the exchange on different time scales. As well as the core Dax Sniper Strategy, Operation: Black Eagle comes with tutorials, an MT4 indicator package, debriefs with Alex and Nicky Ong and various methods of support including a Facebook group and direct support from the creators.
How does the product work?
The reason that the Dax is preferred for Operation: Black Eagle is down to the fact that it is typically more volatile than UK and US indexes. Without going into too much detail about what Operation: Black Eagle entails it is based around trading on certain patterns that will generally indicate a swing one way or another (hence the volatility being desirable). The method has been developed by Alex and Nicky Ong who both allegedly have a long familial history working as traders
What is the initial investment?
Agora Lifestyles are marketing Operation: Black Eagle for a one time cost of £399. This comes with a 30 day money back guarantee should you find that you are unhappy with Operation: Black Eagle at all (however this is vendor backed and handled directly through Agora Lifestyles).
What is the rate of return?
If you are placing £2 per point on trades, Operation: Black Eagle would allegedly make you an average income of £632. This means a points profit per month of 316 points which is a rather exceptional claim.
Conclusion
For me there are two things that you have to look at with Operation: Black Eagle. The first is the marketing style that Agora Lifestyles have opted for which should be dismissed immediately. Then you should look at Alex and Nicky Ong who actually seem to be rather knowledgeable in their field.
I have watched them in action trading on Dax before and they have a decent grasp on what is what and recommending exercising caution and careful trading. With this in mind I am rather sceptical of the claimed income from Operation: Black Eagle however I am not too worried about the strategy.
Alex and Nicky Ong both say that there is an inherent risk in trading and I can see how Operation: Black Eagle can help manage this however the results are unlikely to be anywhere near the ones parade in the sales material.
