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/

Binary Options Xposed Review

Assaxin 8 from Binary Options Xposed is a Binary Options Trading system. It promises a 98% strike rate and the chance to earn $20,000 a month once you have learnt the formula for success.

This system is explained over 2 hours of video content. To operate the strategy you will need a Binary Options account and a Charting package which provides data for popular US stocks such as Google, Microsoft and Apple.

The problem with this strategy though is that the definition of Entry criteria is way too vague. Even after watching the videos twice it was still not clear how to trade this strategy. We did some quick sums and determined that the $20,000 (200% return on capital) per month claim made on the website is, to say the least, highly improbable.

Please visit our Forex Trading Systems Review Site to read our full independent review of this system and many 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 Radar Review

The operators of the FX Radar Signal service provide Free access to their signals by email until a return of 200 PIPs is achieved. After this they charge $199 a month for access. This does come with a - If you don't make 100 PIPs in any month guarantee the next months signals will not be charged for.

6 currencies are traded (but strangely we have actually received a signal for NZDJPY which is not one of the six) and signals are received between 23:00 and 02:00 UK time.

Since we been using the Free trial, since the 17th March 2011 the nearest we got to the 200 PIPs was a when we were up +162 PIPs. We have since seen a drawdown to -330 PIPs from which we recovered to now be Break-even, at the time of publishing our review.

FX Radar aim to return 300 – 500 PIPs a month with their service, we have yet to achieve the lower end of this target in over 6 weeks of access. We continue to monitor this service until we hit the 200 PIPs.

Please visit our Forex Trading Systems Review Site to read our full independent review of this service and many 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 Trade Alert (Tom Tragett) Review

A Forex Signal service provided by Tom Tragett which and we have decided to publish based on a full years access. The objective of the service is not to make you a millionaire overnight or provide daydream returns of 500%, the target is a 40% - 50% return each year.

Just after we started using this service Tom announced a 46% profit for the previous 12 months, that was back in March 2010. We have traded the signals since April 2010 to March 2011 and over that period we made just 6%, quite a contrast.

This service does, unlike many others, provide full details of why Tom has taken a position. He also provides his fundamental and technical view of the markets each day. Agreed, this is added value but at the end of the day it will be the performance upon which the service is judged.

The service is also FSA regulated.

Please visit our Forex Trading Systems Review Site to read our full independent review of this service and many 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/

Fixed Odds Profits Review

Chris and Graeme Nash, owners of the Citybeaters Fixed Odds Signal service are the guys behind this system, actually it's more like a self learn course than simply a Trading system.

Ten DVDs containing over 15 hours of material are the main feature of this course. A manual and MT4 templates and indicators are also provided to assist the learning process. The course itself although Fixed Odds specific, also provides a very good introduction and overview of trading in general. 10 different strategies make this system a detailed and complete product which can be traded across 13 different currencies on BetOnMarkets.

However, the strategies are somewhat complex with many considerations; Multiple Time Frame, 4 Moving averages, 2 sets of Bollinger bands, 2 oscillators, Fibonacci, Pivots points, to name some.

The main drawback however is that all entries are based on divergence, a subject which involves a degree of discretion. This course will appeal mainly to those already involved in Fixed Odds trading wishing to extend their options and also to existing traders looking to get into Fixed Odds trading.

Please visit our Forex Trading Systems Review Site to read our full independent review of this system and many 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/

Day Trade Forex (Breakout Simple System) Review

This Forex trading system is documented in a 32 page manual delivered via PDF.

Also provided are MT4 templates and indicators which are specific to the Day Trade Forex system. Set up is quite difficult as there are quite a lot of indicators involved. The underlying logic is to trade with the trend when the indicators lineup on the lower timeframe.

This system can used on any Forex pair, although 3 popular pairs are recommended. Trading the UK and/or US Forex sessions is also recommended.

The primary issue with this system is that it's very complex. It will only be of real interest to those that like proprietary indicators and lots of confirmation before taking a trade.

Please visit our Forex Trading Systems Review Site to read our full independent review of this system and many 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 - April 2011 Update

Hi, Welcome to the Systems For Traders April 2011 Update.

Reviews Four new reviews to report this month. Two, we mentioned in a previous email, Day Trade Forex and Forex Trade Alert (Tom Tragett) are joined by a review of the Fixed Odds Profits System/Course and the FX Radar Signal service. Systems/Services We Use Performance A poor month for Forex Morning Trade, down -6% but still averaging +4% per month since we added it to our Systems We Use list. 1 Minute Daily really was a mixed bag, a terrible perfromance for GBPUSD (-34%) was compensated for by a +31% return for USDJPY. Remember, we use this system for "growth" not income (although growth is a generous word to apply at this stage).

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 More_Coffee comes out top again for his detailed reply to "Is It Possible To Make Money Day Trading Long Term", we thank you for taking the time to "put pen to paper". One new book review has been added, by BookWorm - Trading systems: A new approach to system development and portfolio opimisation, by Urban Jaekle & Emilio Tomasini - Trading Book Reviews. Donate A PIP - We are now 76% 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