Tuesday 8 November 2011

Wall Street Time Shift Trader

This system is as simple as it comes. It is easy to set up and it is 100% mechanical. At least it becomes 100% mechanical once one makes a few simple decisions where some discretion applies.

We chose to trade the system, as recommended at 13:00 each day UK time and went for a 20 point stop and 30 point target (the most logical).

In our 1st month we made a 23% return based on 2% risk per trade. On the basis it takes less than 5 minutes a day once a day we decided that we would continue to monitor this system under our main review.

Please visit our Forex Trading Systems Review Site to read our full independent review of this system and over 80 others.

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/

Forex Pip Taker Review

Forex Pip Taker is a system which is used to trade 3 recommended currencies, GBPCHF, EURJPY and GBPJPY on the 4 hour chart. It is simple to set up and is about 95% mechanical.

Although we made a profit over the 3 currencies over 3 months the main drawback was having to be around every 4 hours to ensure entries were not missed.

It's a Clickbank product though and those with patience and a good alarm clock may find that it suits them, if it does not then the 60 Day Money Back Guarantee will be useful.

Please visit our Forex Trading Systems Review Site to read our full independent review of this system and over 80 others.

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/

Monday 31 October 2011

Blue Blade Trader Review

Blue Blade Trader by Chris Hardcastle is a system which, it is recommended, is used primarily to trade USDJPY on the 1 hour chart.

The basis of the system is Ichimoku and it is sold on the basis that it takes about 20 minutes a day. This may be true but in reality we found that this meant 20 minutes a day over a 12 hour+ period every hour on the hour. We seen this as the only feasible way to trade the system. Although profitabel we do not feel the just better than break-even reward justified the effort.

Please visit our Forex Trading Systems Review Site to read our full independent review of this system and over 80 others.

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/

Friday 7 October 2011

Tunnel Trader Review John Piper

Tunnel Trader is a product by John Piper, who requires no introduction, he is the man behind many Binary (Fixed odds) Trading systems and books.

This system is slightly different to John's usual approach in that it goes for lower risk lower return trades, the exception being the 20x Wall Street (bonus) system.

In our experience the systems were reasonably easy to operate but were a little hit and miss. We made a slight profit on one strategy and a slight loss on the other. If it was 10 minutes a day we may have persevered but the time commitment and low return meant we did not.

Please visit our Forex Trading Systems Review Site to read our full independent review of this service and over 70 others.

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/

Trade The Banks Review

Guy Cohen's Trade The Banks system is one which is largely used to trade US Stocks. The course is presented in over 8 hours of video content and it's content which is very well done and put together.

Core to the system is the online members area where the Trade Finder software (charting package) is accessed. This is where various filters can be applied and trades can be automatically searched for based on user specified criteria.

Although the filtering process sounds great in theory and we made a profit trading this system it was still due to the application of a great deal of discretion. This is explained in more detail under the full review.

Please visit our Forex Trading Systems Review Site to read our full independent review of this service and over 70 others.

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/

BK Forex Advisor Review

This service is one which is run by two high profile industry specialists, Kathy Lien and Boris Schlossberg.

The service, $199 a month, offers 2 - 3 calls a week as well as Daily calendar calls. It's a simple service and is easy to operate and trade with signals coming at pretty much any time of the day (a bit of a downside, would be better if the times were more concentrated/specific in our opinion).

We did experience a profitable month with service so were able to confirm, in our experience, the results on the website were achievable. To conclude the review we then analysed all historic results and you can view these under our main review.

Please visit our Forex Trading Systems Review Site to read our full independent review of this service and over 70 others.

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/

100% FX Review

A 30 minute video on this sales page for a system promising a 100%+ return per trade with a 65%+ chance of every trade winning. All for 5 minutes work on a Monday using a spreadsheet and BetOnMarkets, which means this is a Fixed Odds Trading product.

The manual, which seems a little excessive to start with, is actually well written and explains the system really well. Historic performance, to product launch, for 2011 is also provided based on 4 different Pricing points, 07:00, 09:00, 17:00 and 20:00. All were profitable.

When we used the system we have to admit it really is easy, especially if you have any previous experience of Fixed Odds trading. 15 minutes the first week and then it is a 5 minute a week job, Set & Forget.

At present we are just over break-even with this system but due to the minimal effort required we are keeping an eye on it.

Please visit our Forex Trading Systems Review Site to read our full independent review of this service and over 70 others.

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/

Thursday 6 October 2011

Stock Market Sniper Review

A new product from a new kid on the block, this is Rob Cornish's, an ex-city fund managers, first system.

Its quite a simple system where a check is made each morning on the VIX and also on some fundamentals. Trading is then performed on the FTSE, DOW or S&P to suit, on the 1 minute chart. Entry is based on Price action and a Moving average crossover.

We made a profit with this system over a 6 week period but the lower time-frame can be quite intensive and "scalping" is not really what we believe trading should be all about.

Please visit our Forex Trading Systems Review Site to read our full independent review of this service and over 70 others.

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/

Four Hour Trader Review

Four Hour Trader is a system produced by John Campbell. It can be used to trade various instruments such as EURUSD, Gold, the DOW and Oil. As the name suggests it is only traded on the 4 hour time-frame.

For review purposes we only traded EURUSD, Gold and the DOW as we were asked for an extra $49 for the Oil product.

We had mixed results over a 3 month period with the EURUSD and Gold returning a small but positive monthly return and the DOW outperforming both. The main drawback we encountered was missing over 30% of the trades because we were asleep on the close of two of the 4 hour candles.

Please visit our Forex Trading Systems Review Site to read our full independent review of this service and over 70 others.

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/

Tuesday 19 July 2011

T-Desk Review

T-Desk is a Signal Service and the main focus is Forex with commodities such as Oil and Gold also being provided. We traded the EURUSD “channel” for review purposes.

The service itself is based on sending trading signals via email with clear instructions which are traded at the current market price. The fact that signals can be issued at any time of the day Monday to Friday means that the latter is the biggest issue. We had to sleep and just could not physically place all the trades and we fear that no-one else would be able to either.

Please visit our Forex Trading Systems Review Site to read our full independent review of this service and over 70 others.

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/

Forex Renewal Review

Forex Renewal is a Forex Trading system which has claims to have a win rate of 99%+ on its website. The system can be used to trade different opening market sessions such as the New York and London. It costs less than 100 USD but it does not come with any Money Back Guarantee.

Set up of the system is simple, the Stop and Target are both 100% mechanical with the latter being a fixed 20 PIPs. Entry is based on 3 MA’s, a Daily Trend line and Price action. Other discretionary items such as Fibonacci and Higher timeframe analysis do mean that the Entry is not as clear cut as the Stop and Target. This is the most complex aspect of this system, using the 80% mechanical Entry criteria across 6 Currency pairs at the same time to determine the “best one”.

We did no hit anywhere near the 99%+ success rate but we did end up with a small 2% return or so each month for 3 months based on 2% risk per trade.

Please visit our Forex Trading Systems Review Site to read our full independent review of this system and over 70 others.

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/

Daily Cash System Review - Hugo Lawrence

Daily Cash is a system produced by Hugo Lawrence, it costs £495 and is backed by Agora.

The system comes in the form of 2 DVDs and a 100 page manual. Four indicators are used (one is IG Index specific so it means IG Index must also be used) and DOW and GBPUSD are focused on. The 15 minute timeframe is the anchor chart, Stop and Entry are 100% mechanical as they are both fixed, 20 and 10 respectively. The Entry criteria does, we feel, let this system down as it is just way too discretionary.

Beginners would struggle with this system or at least the majority of them would.

Please visit our Forex Trading Systems Review Site to read our full independent review of this system and over 70 others.

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/

Systems For Traders - June 2011 Update

Hi,


Welcome to the Systems For Traders June 2011 Update.


Reviews


Three new reviews to report this month, two Trading systems, The Daily Cash System by Hugo Lawrence and Forex Renewal together with a review of the T-Desk Signal service.


Systems/Services We Use Performance


Another negative month for Forex Morning Trade means we are down to an average +1% a month yield this year, to date.


1 Minute Daily - We still remain in the same situation as the beginning of the year and await the time when our "growth" fund starts to grow, both pairs were negative this month.


We do not trade in July and August but we will do our best to keep a record of Systems / Services We Use and will also be continuing with our reviews.


Performance Updates


Our Journals for "Systems/Services We Use" as well as the original reviews for those systems/services we are continuing to monitor post-review have been updated for the current month.


Other Bits And Pieces


Donate A PIP - We are just £210 off raising £1,000 for Cancer Research UK. We welcome all donations no matter how big or small and thank you in advance as we try and push to our target which equates to just 20p per member.


July's Monthly Economic Calendar is now available.


Lastly, do please use our Voting system, available for every review, your opinion is useful and appreciated.


Regards,






ReviewTeam - www.systemsfortraders.com

Saturday 4 June 2011

Systems For Traders - May 2011 Update

Hi,


Welcome to the Systems For Traders May 2011 Update.


Reviews


Five new reviews to report this month. Two, we mentioned in a previous email, Forex U-Turn and Assaxin 8 are joined by a review of FX 180 and the FTSE 100 Club Signal service, the latter we are continuing to monitor. In addition we have provided an update on the new Piptastic service which has changed significantly since our original review.


Systems/Services We Use Performance


Another negative month for Forex Morning Trade, down -2% but still averaging +3% per month since we added it to our Systems We Use list. Strangely the vendor reported a positive result this month - We stand by our results, as traded on Smart Live Markets.


1 Minute Daily - A reversal of fortunes from last month with GBPUSD returning +28% and USDJPY suffering a -23% draw-down. The net effect - Our "growth" fund is still yet to grow.


Performance Updates


Our Journals for "Systems/Services We Use" as well as the original reviews for those systems/services we are continuing to monitor post-review have been updated for the current month.


Other Bits & Pieces


Post of the month this month goes to Sarniacherie for her dedication to the 3 Ducks 1 On 1 strategy - Sarniacherie 3 Ducks 1 On 1 Results Year To Date 2011, we thank you for your participation in the Trading room and for providing your monthly updates on performance under the main review.


Donate A PIP - We are now 79% of the way to raising £1,000 for Cancer Research UK. Once we hit this target our next charity will be chosen by BookWorm, we welcome all donations no matter how big or small and thank you in advance.


Finally, do please use our Voting system, available for every review, your opinion is useful and appreciated.

Regards,




ReviewTeam - www.systemsfortraders.com

FTSE 100 Club Review

The FTSE 100 Club is in fact two Signal services, a FTSE Signal service and a Forex signal service. Both operate pretty much the same but are reported separately. Signal delivery is by SMS only with Entry and Exit being at current market price. It does mean that you need to be able to react quickly to all signals to emulate the results published on the website. Nowadays though this is not so much of an issue as most of the more common brokers now offer a mobile trading platform. Based on 2 months access we made an average +10% a month across both services based on 2% risk per trade, this more or less the same as they reported on their website for the same period.

We are continuing to monitor this service which can be trialled for just £10 during the month of June, see our main review for details.

Please visit our Forex Trading Systems Review Site to read our full independent review of this system and over 70 others.

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/

FX 180 Review (Keith Cotterill)

Keith Cotterill is name familiar to many of us, and this is his latest product, a Forex Trading system which is used to exclusively trade Cable. It is recommended to trade the system between 6am and 11am or 1pm and 4pm, the UK and US Forex opening sessions respectively. This system is quite mechanical, it relies on Price action, a Stochastic indicator and a Moving average.

We traded this system as per the manual during the UK Forex opening session (6am – 11am) for 3 months. We made 31 trades and an average monthly profit of +3.22% based on 2% risk per trade. With just 10 trades a month though it did mean some days (for 5 hours) we sat at our trading screen and made no trades, frustrating!

Please visit our Forex Trading Systems Review Site to read our full independent review of this system and over 70 others.

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/

Thursday 12 May 2011

Forex U-Turn Review - Jason Sweezey

This is a Forex Trading system produced by Jason Sweezey, who also produced the 4x Pip Snager system - This is a link to our 4x PIP Snager Review.

Forex U-Turn is a system which Jason provides updates for based on trading two Currency pairs, the EUR/USD and GBP/USD, on 1 hour charts. The system needs MT4 as a custom template and indicators are provided. Then, after spotting specific Price action a trade is entered based on the custom indicator and two Moving averages. Some observation of recent Support and Resistance is also required to determine a valid entry.

During March and April 2011 we used this system as above from 07:00 – 22:00 UK time and made a net return of around 7% per month based on 2% risk per trade.

A lot of screen time but maybe worth it for those with time and dedication.

Please visit our Forex Trading Systems Review Site to read our full independent review of this system and over 70 others.

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/