Forex Empire Trading System Review

This system caught our eye as it seemed to be one based on Point & Figure charts rather than the standard Candlestick charts. However we were quickly disappointed. We wanted to use the system on charts we already use and after enquiring on how to set up our charts (in IG Index) we discovered that we had to sign up to Market Analyst to use the system. There is a Candlestick version of the system which appeared quite rudimentary and missed the point, we were interested in the Point & Figure system. So, as we didn't sign up to Market Analyst we cannot comment much further than that. Does the system work? Perhaps, we are still waiting for someone to tell us they are using it in real-time and making a success of it.

Please visit http://www.systemsfortraders.com/ to read our full review of this system 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.

Sniper Forex Trading System Review

A well written 9 pager which suffices in explaining the system which is largely reliant on the 5 custom indicators provided. Set up is easy and the system, Entries, Stops and Exits is about 95% mechanical. The advise is to apply the system, as is, to GBPUSD on the 1 hour-frame. Trading is reasonably relaxed but one does have to be around as an entry can be generated at any time of the day. This is facilitated by an email alert and an audible alert (from Meta Trader 4) when a trade is imminent. We used the system for 2 months and after making reasonable returns we added this to our Systems We Use list. It must be noted though as a trade can occur at any time of the day (between 06:00 - 22:00 (UK local time) one really has to be present and near a pc a lot. Not a lot of chart time is required - but one does have to be able to respond to those entry emails (and audible alerts). We also maintain a journal for this system on our website.

Please visit http://www.systemsfortraders.com/ to read our full review of this system 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.

SystemsForTraders September Update

All,

Quite a lot going on and a lot to update you on this month.

In summary, as well as the two reviews completed earlier in the month (Forex Empire & Housewife Trader Presents) two more have now been added, meaning we met our target of 4-6 new reviews each month. One of the new systems reviewed (Sniper Forex) has been added to our "Systems We Use" list as has London Forex Rush. Additionally, BOM Signals has merged with Fixed Odds Investment to form a new company, Fixed Odds Services, so BOM Signals has been removed from our "Services We Use" list and replaced with Fixed Odds Services, a journal has been added and a review will follow in October. Also note details of our Investors Chronicle article and a brief definition of our rating system.

New Reviews:

• Sniper Forex
• Daily Forex Trade

New Journals:

• Sniper Forex Journal
• Fixed Odds Services Journal

We did hope to finish the John Piper Trade Maker review in time for this update however we didn't quite make it. We will hopefully drop a quick note out this week to let you know when it has been posted.

If any of you missed it, you can find our Investors Chronicle article (from last week) under the "In The Press & Ideas And Suggestions" forum.

It's not clear on the web-site and we are not sure how to make it clearer or where (any suggestions welcomed) so here is a brief overview of our rating system:

• 5 stars = Used By Us
• 4 stars = Consider It
• 3 stars = Of Interest
• 2 stars = Look Around
• 1 star = Not For Us

As always, we have reviews in progress and will try and ensure we have 4 - 6 new reviews published again in the coming month. We will also endeavour to update our journals in a more timely manner.

Hope you find the above useful. We are delighted with the intial success and take up of the new site and we thank you for your support. Please do join in on the forums, your input is vital to ensure the collective (that's you) all gain knowledge from each other (again that's you) as well as us.

Best Wishes,

ReviewTeam - www.systemsfortraders.com

Forex Treasure Signal Service Review

Five FX pairs for the service we signed up to with signals received around 22:00 UK Local time which we typically placed straight away. Quite a relaxed swing trading service with a general 1:1.5 Risk/Reward ratio per trade, however some Stop levels were quite significant, 400 points or so. Trades are generally left open until Stop/Target is hit. During our subscription period we had 11 trades with just two winners, so we were no where near the performance statistics advertised on the website. So, all in all the drawdowns (albeit on a small account) can hurt, as can the rollover costs, some trades ran for almost 2 weeks.

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.

Evening Trader (Markets Mastered) Trading System Review

A well written 43 page manual explaining a system which is pretty much 100% mechanical. Set up is easy and the system itself is based on the 5 minute chart and uses divergence in conjunction with candlestick patterns. Trading starts at 17:00 UK Local time, hence the name, Evening Trader. The logic to this system seems pretty sound but there is a heavy reliance on interpretation of divergence. We just couldn't replicate the results Nick was achieving, mainly due to this interpretation of divergence. This doesn't mean the system can't work it just means one has to have a fine eye for divergence, perhaps we don't!

Please visit http://www.systemsfortraders.com/ to read our full review of this system 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.