Showing posts with label dow. Show all posts
Showing posts with label dow. Show all posts

Saturday, 13 November 2010

8am Trader System Review

This is the most recent eat your cornflakes, press a few buttons, make money before you go to work trading systems. It is a Set & Forget strategy and trades the FTSE and DOW, go Long one and Short the other at a specific time each morning. The systems manual is quite well written and the trading information in terms of the actual Entry to use and the Stop loss to use is extremely clear. However, the Exit criteria is not, it is way too ambiguous. There were another of issues with system and unlike us we didn't even actually trade it. So we do not have a full review and you can read our reasons in more detail at our Forex Trading Systems Review Site.

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, 18 August 2009

Simple Spread Trading (FTSE/DOW) System Review

No manuals here - all strategies are on-line in the members area with one page summaries which, when printed and annotated are just fine. We only reviewed the headline (Binary) system as this is the one on which the website statistics are based. The system is one that can be traded on the FTSE and the DOW and uses the 20 minute binary bets available on IG Index. Decision making is about 85% mechcanical and is based on a 2 minute chart with just one Moving average. This is quite a different and very exciting approach to trading. However, we did find that screen time was quite intense and also that entry was just a little bit too ambiguous for us to consider using it on a full time basis.

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.

Tuesday, 21 July 2009

Louise Woof Fool Proof Evening Trading System Review

As usual, from the Louise Woof camp, a very well written 67 page document. This system is based on the DOW and a 5 minute chart using just one indicator and price action. Implementation is easy, Entry and Stop are crystal clear but Exit is not, there are a choice of 3 different exit strategies. We also couldn't get a clear answer from Louise upon which exit strategy the results on the website were based on. This together with the, what we considered, very strange Entry methodology, meant we did little more than by-pass this system.

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.