urbanforex.com

The most honest opinion about Navin and Urban Forex you will ever find.

I discovered and watched Navin's videos on the internet and to be honest if you watch them all you don't need to buy any of his courses because he has already shared most of his knowledge and techniques is his free youtube videos. I bought the course because it is dirt cheap he is discounting it often so you can pick it up for less than 90$ - like on black friday or so.What you get by buying his course is mostly 2 things: 1) Selected videos that sum up the methodology so it's just condensed knowledge from his youtube videos. 2) Daily examples and private webinars that pretty much consolidate the basics from the course.I've seen almost every single of his videos and went through the MPA 2.0 course which is probably his most known course. Half of the course if focused on teaching you why the market moves at all, who are the sellers and buyers and how to position yourself in the right direction. The second half of the course is focused on teaching you reading momentum and as it dies down you are looking to enter the position in the main direction that the market is going. So basically its just waiting for the correction move to end and resume the impulse. What he teaches is pretty legit. The course is supposed to teach you that little edge where you can make your first money in the market. It's not the most lucrative nor optimised strategy but it works extremely succesful in a trending market. After learning everything from the course and rewatching the videos sometimes more than 5-6 time and doing some notes i decided to do the backtesting using his methods and they really work.They might not be the best when speaking of PnL but definitely works. I've backtested more than 1000 trades using his MPA 2.0 course methodology in crypto/forex/stocks and the win ratio was around 70-80% in trending markets and 30-45% in ranging markets. Obviously the methodology he's teaching is designed for trending markets and he's not trying to hide it anyway. It's been told many times it's for trending markets, as the methodology taught in the course is called "Cheese edge", which is just jumping in the resume of the trend after the correction and exiting at the first main resistance, or problematic zone.To get it work really well i highly recommend you to watch his most recent videos on Support and Resistance, i think it's crucial for the strategy and it's weird that the MPA 2.0 does not include it in such depth like in the video series but i guess, it's just out there for free so they decided not to?For the backtesting I've been using 1:2 Risk:Reward ratio and i've never went negative on my balance.After that i started using it on my real account in live market and went positive as well. Actually I'm using his methodology as a confirmation for my other strategies and sometimes as a standalone strategy itself too. Overall your win ratio will average at around 50-60% because you never know if the market is no longer trending unless it already created some equal highs and lows but until then you will probably get in some trades that will fail. Despite of that with the Risk:Reward ratio of 1:2 you will be net positive on your balance, because to break even with such ratio, you only need to win 33%. Conclusion:He's not exactly the snake oil seller, because if you really do the work, take notes, do the post-analysis after every trade his techniques work 100%. They just require you to PRACTICE. So everyone who says it doesn't work is capping or have not put up the work required to do. Also it wont work if you don't create your money management part which is CRUCIAL, but it's also in his free youtube videos.On the other hand i don't like their course selling urgency strategy when they try to sell the course and give you limited time window to buy it. For me it has always felt shady and scammyNevertheless I think that the price is really fair though. Around 100$ for the basic course for new traders is almost nothing really. If you don't even have 100$ then probably trading is not the best thing you really should start with. Just get some capital before. Don't lie to yourself you wont get big wins with freakin 100$ account.He has some more courses like ITP that are way more pricey, and after you finish the MPA 2.0 you will probably get directed to buy it, but you don't have to. I think for new guys the MPA 2.0 is enough to be profitable and decide later or maybe develop your own strategy like i did and intergate the basics from the course into it.Most of the people who say it doesn't work have not mastered any of the important things in the market. To be profitable you need to master:1. Strategy - includes market reading, entry and exit points2. Money management - positioning size according to stop-loss size3. Psychology - You need to enter and close position every single time your strategy tells you fearlessly

Date of experience: Apr 24, 2023