Thursday 16 July 2009

Forex Trades Live Signal Service Review

Signals are sent between 07:00 & 15:00 UK Local time and are for GBP/USD. Target is 32 pips and Stop is from 80-100 so 3 winners are wiped out by 1 loser. There is usually sufficent time to get orders in, although we did miss one trade as the price moved so quickly by the time we could react. Our 100 pips (now 200) profit came in just over a week, however, we did notice that if we had joined a month prior, because of draw-downs, we would still not be 100 pips in profit, we were quite fortunate with our timing it seems. So, we could probably use this service if performance was to return to previous levels of profitability and thus we could justify being constantly available from 07:00 - 15:00 every day.

PLEASE NOTE: Since our review the risk reward has been improved with a target of 72 now the norm, which is much more reasonable for a 80-100 pip risk per trade. Performance also seems to be improving slightly too.

Please visit http://www.systemsfortraders.com/ to read our full review of this service and many other Trading systems and services.

You can also read additional comments submitted by our members (other traders like you). Membership is completely FREE and your input would be more than welcome.

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