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