However, please note that the method in this system can only be traded using the MT4 platform. If you are a new trader or you have not used this platform before, there is an entire DVD to show you exactly how to use it. The MT4 trading software is very easy to use, which is why it is the preferred platform of many traders.
Using this system, you can trade whenever you see a signal, no matter the time except in instances mentioned in the manual like when there are some high impact news events imminent or a trading session is opening.
Forex Income Boss will work well on any currency pair, so if you have a few favorites, go ahead and trade them. However, if you do choose to trade lower timeframes like the 5 minute or even 1 minute, you will want to keep your trades limited to the pairs with lower spreads, otherwise, spreads could eat your profits.
The system includes both trend following and reversal entry types. Of course, trading with the trend is definitely the most profitable way to trade especially for new traders and I would really recommend starting with that first. The methods include scalping, intraday, and swing trading. In other words, it can absolutely be used to scalp the 5 minute and even the 1 minute timeframes, but you can also use it very effectively on the 4 hour, daily or weekly timeframes. The best thing of all is the system works on every timeframe.
The techniques in Forex Income Boss are relatively easy to follow, which is why I can recommend it for new traders. Aside from the numerous examples and live trades to show you how to apply them, there is the Members' Area to answer any questions and help you understand how to trade the system better, as well as regular webinars especially to help new traders.