Yes it is one of the simplest methods you are ever likely to come across because it is based primarily on price action. The system is so effective because it always enters trades in the direction of the overall trend and therefore the odds are always in your favour.

The objective of the system is simple. It doesn't try and enter at the start of the trend and exit at the end of the trend. It simply aims to capture a large chunk of the middle part of the trend, which is a lot easier to do.

As I've already mentioned, you can in theory use this trading method on any time frame, but I personally use it on the 15 minute charts to trade the GBP/USD, EUR/USD and USD/JPY pairs (as well as the FTSE 100 and Dow Jones indices), and have been delighted with the results so far.