Forex Morning Trade Review

This is a Forex Trading which trades GBPUSD and it trades it very early in the morning, 6:30 UK Local time. A customised MT4 indicator does all the work here, at 06:30 it provides all the information necessary to trade. The Entry, Stop and Target are clearly displayed so it's a case of executing your trade at market and then entering the Stop and Target as per the display. If there is no trade, this is clearly displayed so you can go back to bed. Only caveat that makes this not Set & Forget is that the Stop is moved to break-even when in profit by 24 pips. This is not an issue if your broker provides such a function but it will be if it does not. Performance wise we are up 14% over a 9 week period assuming a 2% risk per trade and historic results also look impressive.

A simply to operate system which we will be keeping our eye on and may even consider adding it to our Systems We Use list, you can try it free for 30 days here.

Please visit our Forex Trading Systems Review Site to read our full review of this system and many other Trading systems and services. We also have a free Real-time trading room for Forex Morning trade on our website.

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.

ReviewTeam

http://www.systemsfortraders.com/

8am Trader System Review

This is the most recent eat your cornflakes, press a few buttons, make money before you go to work trading systems. It is a Set & Forget strategy and trades the FTSE and DOW, go Long one and Short the other at a specific time each morning. The systems manual is quite well written and the trading information in terms of the actual Entry to use and the Stop loss to use is extremely clear. However, the Exit criteria is not, it is way too ambiguous. There were another of issues with system and unlike us we didn't even actually trade it. So we do not have a full review and you can read our reasons in more detail at our Forex Trading Systems Review Site.

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.

ReviewTeam

http://www.systemsfortraders.com/

Make Money On FX Signal Service Review

This is a Signal service with a bit of a twist. The Make Money On FX is an End Of Day Signal service which usually issues a signal around 10pm UK Local time. It trades up to twenty five different currency pairs although typically only has 2 - 4 open positions at any one time. Signals are pretty standard, they are clear and easy to place orders from, Entry price, Target, Stop and Long/Short. May and June were quite impressive, performance wise and there was no service in July and August, the vendor takes a holiday. When we used the service in September and October we failed to make a profit so this service really needs to get back to pre-holiday performance to start to impress.

So, here's the twist. This is not just a Signal service, when subscribing to this service you also get access to a Live Trading room. This is held Monday to Friday between 6:15 and 9:00 London time. An overview of what the vendor will be on the lookout for is given at shortly before 6:30 when the actual action starts. Only two pairs are traded at present, the EURUSD and GBPUSD. Setups are pointed out quite well in advance so it means that it is relatively easy to get in on the same trades as the vendor. Again though, during September and October when we had access we failed to make a profit. Similar to the Signal service, returns to previous performance levels are needed for this to make the time commitment worthwhile. This service is available though on a 1 month no obligation free trial which is nice for those that wish to "dip their toe", the link is here.

Please visit our Forex Trading Systems Review Site 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.

ReviewTeam

http://www.systemsfortraders.com/

Magic Breakout Forex Trading System

Another Trading system from Tim Trush and Julie Larvin, the two people that brought us the 1 Minute Daily Trading system which we have previously reviewed. This system focuses on GBPUSD and trades the 30 minute time-frame, this is similar to the 1 Minute Break-Out system. The system is Free if you wish to manually trade the signals you can get it here, the paid for version costs $87. With this you get a customised MT4 indicator which makes Entry 100% mechanical (you don't have to watch the other 4 industry standard indicators) and you also get details on the Advanced Exit strategy. Stops and Targets are also mechanical for this system. The main issue with the Magic Break-Out system is that, although the indicator can be set to be audible and visual, it can be signalled at any time of the day. We made a slight loss on this system over 8 weeks and we also found it was just too big an ask to be around 24/7 to react to the entry signals.

Please visit our Forex Trading Systems Review Site 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.

ReviewTeam

http://www.systemsfortraders.com/