Friday, 2 October 2009

Forex Treasure Signal Service Review

Five FX pairs for the service we signed up to with signals received around 22:00 UK Local time which we typically placed straight away. Quite a relaxed swing trading service with a general 1:1.5 Risk/Reward ratio per trade, however some Stop levels were quite significant, 400 points or so. Trades are generally left open until Stop/Target is hit. During our subscription period we had 11 trades with just two winners, so we were no where near the performance statistics advertised on the website. So, all in all the drawdowns (albeit on a small account) can hurt, as can the rollover costs, some trades ran for almost 2 weeks.

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.

Thursday, 1 October 2009

Evening Trader (Markets Mastered) Trading System Review

A well written 43 page manual explaining a system which is pretty much 100% mechanical. Set up is easy and the system itself is based on the 5 minute chart and uses divergence in conjunction with candlestick patterns. Trading starts at 17:00 UK Local time, hence the name, Evening Trader. The logic to this system seems pretty sound but there is a heavy reliance on interpretation of divergence. We just couldn't replicate the results Nick was achieving, mainly due to this interpretation of divergence. This doesn't mean the system can't work it just means one has to have a fine eye for divergence, perhaps we don't!

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.