Thursday 11 February 2010

SaneFX (aka Gold Trade Pro) Trading System Review

SaneFX is a product which offers the facility to “Trade Forex & Gold With The Easiest And Most Complete System Ever” and is “one of the 5% (of systems) that actually works”. It uses two indicators, the TCCI (a Moving average looking indicator) and the SaneFX arrow (appears Red for Short and Green for Long). The well written manual provides full details for this system and covers many trading scenarios. We chose 3 which were of most interest to us, Forex on the Daily chart, Gold on the 4 hour chart and GBP/USD on the 1 hour chart. The outcome of these scenarios are covered in the full review, the net result being that this is a system we feel may be more of use and benefit to those with more experience of Trading rather than complete novices.

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.

DOW Letter Signal Service Review

The Dow Letter is an EOD (End Of Day) Set & Forget signals service. Signals are received around 21:00 (GMT), there are two actually, one telling you to go Long or Short the DOW and then a follow up soon after. The follow up (email) provides the exact levels that the DOW Letter service executed its trade at, including Entry, Stop and Target. So, the service takes about 5 minutes to execute on those days that there is one, usually 5 – 8 a month depending on market volatility. After running the service for a few months we were able to confirm that the results reported on their website were accurate. Historic analysis showed a reasonable return for this service for very little effort (see full review for details). For this reason we added this service to “Services We Use” in January 2010 and since then we have just moved into the Black.

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.

Enlightenment Forex / Forex Ultimatum Trading System Review

When we paid our initial visit to this website it was collecting email addresses in return for “FREE: The EFX Market Status Indicator aka The Amazing Profit Tripler That Could TRIPLE YOUR RETURNS”. On the 18th January we signed up, filled in the questionnaire (see it to believe it) and then watched the 18 minute video by Travis Lucas (talking about Mr. X – who saved his life!). The Acceptance email we received provided a link to the same questionnaire and video. We had another 5 emails that same week and in the subsequent 2 weeks, no less than 20 more. Suffice to say, we did not progress much further with this system, we have our limits.

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.

Tuesday 2 February 2010

John Pipers Profit Before Work System Review

A “Set & Forget” system which trades the FTSE in the morning (08:00 GMT), taking 10 minutes a day. The strategy is easy to understand, once you decide which Entry/Stop/Exit criteria to apply, there are various options presented to suit various risk attitudes, time contraints, etc. Even those completely new to trading should be completely competent after a few days, maxium one week, exposure. During the time we used this system we experienced a drawdown on our account of 15% or so, based on our selected rule base (Entry/Stop/Exit criteria). So, this is an approach familiar to us, of John Piper, in that is it a Low risk/High reward strategy. It means losing streaks (and drawdowns) can and will occur and have to be accepted. It is perhaps not a strategy for everyone but may suit some, we could use the term, not for widows or orphans.

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.