Saturday 13 November 2010

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.

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ReviewTeam

http://www.systemsfortraders.com/

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