Quick Trade FX by Aaron Clarke Review

Quick Trade is a system which claims to take just 5 minutes a day to trade. It looks to take advantage of a simple human error every weekday at

07:00 GMT by trading false break-outs of the USDJPY Currency pair.

It is easy to set up, it's 100% mechanical and even beginners should have no problems picking it up.

After trading the system for a couple of months we ended up just better than break-even, based on 2% risk per trade.

The system is perhaps suited to those completely new to trading who wish to understand the basics of chart reading and order placement and management without, hopefully, losing too much cash in the process - Perhaps making a little!

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/

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/

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/

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/

The Boss Trading Method Review

This strategy is used to trade GBPUSD only on the 5 minute timeframe.

The Boss Trading Method is a follow up to the Boss Wins method, also included with this strategy.

Set up is simple, 3 industry standard indicators. One can trade just 7am – 8am UK time or all day “for bigger gains”.

In February and March we traded just the one hour each morning and ended up just over 3% for the period (based on 2% risk per trade).

We are aware that the (reported) gains are much higher if traded 7am – 3pm and for this reason we have committed to this in April and May. As always, our progress will be reported on the website.

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/

Black Dogs Forex Review

A strategy that has been around for quite some time now.

It uses the "Black dogs" (Up/Down arrows on an Meta Trader 4 chart) in combination with a series of other indicators for Trade entry. For Stop setting, Target setting and Trade management there are a number of options.

As well as the standard Black Dogs system there are 3 alternative strategies. There is a huge amount of information provided on the dedicated Black Dogs forum in relation to the various options. So much so it took us quite some time to come up with an approach we were happy with.

Our results were disappointing, however the approach we applied was probably not one anyone else would ever use, with the various amount of options it's a case of choosing what you believe will work for you. That said we are led to believe there are many people successfully trading this system and with perseverance this is of course possible.

There is an excellent support infrastructure around this product offering excellent help but for us, just too much information and too many options.

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/

Secret Forex Trader Review

This is a strategy we have had on review for a while and in actual fact it's a little different this one.

It's a set of DVD's and a Signal service. The DVD's (10 of them) are in our opinion a sound introduction for those new to Forex and Technical analysis. At a cost of £1,000+ though one has to weigh up the fast track convenience factor versus trawling the internet for similar material.

The Signal service ("zonal alerts") is also included. It is advised to use the material taught in the DVD's to apply your own analysis to the "zonal" alerts. We traded them "as is" and still made an average 4% a month over a four month period (October 2010 - January 2011).

We are told that changes are afoot here.

The Secret Forex Trader team are looking to release a "teach all" method (FX Evolution) which will mean with the newly acquired knowledge the trader will not require the Signal service. We continue to monitor the signals and the FX Evolution launch in the coming months.

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/

Newsnight Trader Review

A new strategy, released at the end of 2010.

This is Richard Hill's follow up to the hugely popular Forex Net Trap system. This time we are liking it more. It is much more mechanical and requires just 10 minutes each evening around 10pm. Check for a simple set up, enter/amend your trades accordingly and walk away until the following evening.

January got off to a flying start and we made +700 PIPs. This is based on a 280 PIP stop, so at 5% risk per trade (as suggested in the manual), it's an impressive +12.5% return for little effort at all.

We have since had a losing trade but nonetheless we will continue to monitor this for the next couple of months and of course, provide updates along the way.

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/

Make Money On FX Signal Service Review

This is a Signal service with a bit of a twist. The Make Money On FX is an End Of Day Signal service which usually issues a signal around 10pm UK Local time. It trades up to twenty five different currency pairs although typically only has 2 - 4 open positions at any one time. Signals are pretty standard, they are clear and easy to place orders from, Entry price, Target, Stop and Long/Short. May and June were quite impressive, performance wise and there was no service in July and August, the vendor takes a holiday. When we used the service in September and October we failed to make a profit so this service really needs to get back to pre-holiday performance to start to impress.

So, here's the twist. This is not just a Signal service, when subscribing to this service you also get access to a Live Trading room. This is held Monday to Friday between 6:15 and 9:00 London time. An overview of what the vendor will be on the lookout for is given at shortly before 6:30 when the actual action starts. Only two pairs are traded at present, the EURUSD and GBPUSD. Setups are pointed out quite well in advance so it means that it is relatively easy to get in on the same trades as the vendor. Again though, during September and October when we had access we failed to make a profit. Similar to the Signal service, returns to previous performance levels are needed for this to make the time commitment worthwhile. This service is available though on a 1 month no obligation free trial which is nice for those that wish to "dip their toe", the link is here.

Please visit our Forex Trading Systems Review Site 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.

ReviewTeam

http://www.systemsfortraders.com/

Magic Breakout Forex Trading System

Another Trading system from Tim Trush and Julie Larvin, the two people that brought us the 1 Minute Daily Trading system which we have previously reviewed. This system focuses on GBPUSD and trades the 30 minute time-frame, this is similar to the 1 Minute Break-Out system. The system is Free if you wish to manually trade the signals you can get it here, the paid for version costs $87. With this you get a customised MT4 indicator which makes Entry 100% mechanical (you don't have to watch the other 4 industry standard indicators) and you also get details on the Advanced Exit strategy. Stops and Targets are also mechanical for this system. The main issue with the Magic Break-Out system is that, although the indicator can be set to be audible and visual, it can be signalled at any time of the day. We made a slight loss on this system over 8 weeks and we also found it was just too big an ask to be around 24/7 to react to the entry signals.

Please visit our Forex Trading Systems Review Site 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.

ReviewTeam

http://www.systemsfortraders.com/

FX Childsplay Trading System Review

FX Childsplay claims "Don't waste another minute on Forex Trading Systems that just don't work! This system truly blows the rest away".

The system "uses 3 EMAs" and a "custom made FX Childsplay indicator". It has "easily identifiable entry and exit signals with predefined exit points leaving you nothing more to do than watch the profits roll in".

The system "suits both the day traders and traders who have very little time", it can be traded on all time frames "from 5 minute chart to weekly chart". Those with a "9 to 5 job need to spend at least 10 minutes a day. Maybe 5 minutes in the morning and 5 minutes in the evening. Simple".

The provider provides his email address with the promise "I am always ready to answer all your questions" and "I will go out of my way so you fully absorb and apply my system into your own trading in order for you to make the best out of it",

The entire strategy is set out over about a dozen videos, no manual, takes about 2 hours to go through them.

It says to use two time-frames is simple, 15 minute with 1 hour, 1 hour with 4 hour, etc. but does not recommend which instruments to trade to achieve the results advertised on the website.

So, we contacted support to ask - After 13 days and 3 attempts at establishing contact we decided to give up and not continue our review. A rare event but in this case we feel justified.

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.

4x Pip Snager Review

This system headlines with "Learn how to make 300 to 500 Pips a week with 87% accuracy" - 4 X Pip Snager is a "new Forex system that will change how you trade forever".

Three sample videos on the website illustrate some trades and there are also over a dozen screen shots, all falling into the 87% accurate winning trades. There's then a dozen or so unsolicited testimonials.

This is actually 3 systems:

- 4x Pip Snager Scalper system

- 4x Pip Snager Day Trader System

- 4x Pip Snager Swing Trader System

Being a Clickbank product it has a 100% money back guarantee.

The Systems

The manual makes it clear that EURUSD is the best currency to trade for the Scalper and Day Trading systems. The Swing Trader system was "Written on the spur of the moment" and not too different to the other two so we did not trade it.

Best time-frame is 08:00 - 10:30 London time for Scalper (1 minute chart) and Day Trader (5 minute chart) so that's what we traded.

Entry is about 60-85% mechanical, Stops and Targets are more discretionary.

Conclusion

Trading, mostly in real-time (some retrospectively) during August and September over a 6 week period our results were as follows:

Scalping System

- 24 trades, 12 winners and 12 losers

- A net return of 0%

Day Trader System

- 13 trades, 3 winners and 10 losers

- A net return of -8%

So, it's fair to say, neither system returned anywhere near 300 - 500 pips a week and neither was near the 87% accuracy rate identified on the website.

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.

1 Minute Daily Forex Trading Strategy

The 1 Minute Daily manual is quite well written, it’s only 41 pages but plenty sufficient to get the strategy across. It opens with a little bit about trading (and strategies), it then discusses breakouts before describing how to install the indicators and place orders. The installation (of the indicators) and placement of orders should be plain sailing for those with experience of MetaTrader 4, those without will obviously have a slight learning curve.

It really does seem like a minute each morning (09:00 for GBPUSD) 100% mechanical strategy, place two orders, one Long and one Short. The only requirement after this is to be around to cancel the opposing order, if/when the first order triggered hits it’s profit level. This check doesn’t need to be done any more than every few hours as the difference between the target and opposing order entry level is usually quite significant.

Our back-tested results for April and May matched those reported and we also had a positive June, which we traded on a real account, see below:

GBPUSD

• April 2010 – 14 trades, 9 (+40.5%) winners and 5 (-25%) losers = +15.5%
• May 2010 – 18 trades, 9 (+40.5%) winners and 9 losers (-45%) = -4.5%
• June 2010 – 22 trades, 13 (+58.5%) winners and 9 losers (-45%) = +13.5%
Net gain of 24.5%.

USDJPY
• April 2010 – 13 trades, 7 (31.5%) winners and 6 losers (-30%) = +1.5%
• May 2010 – 13 trades, 5 (22.5%) winners and 8 losers (-40) = -17.5%
• June 2010 – 14 trades, 9 (40.5%) winners and 5 losers (-25%) = +15.5%
Net loss of 0.5%.

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.

Tenkei Trading Techniques Forex Trading System Review

The aim of the Tenkei Trading Techniques System is to make just 10 points a day between 7:00am and 9:00am or 7:00pm and 9:00pm, thus at £5 per point, make £250 a week or over £1,000 a month”.

The manual provided details the strategy which is quite well presented with working examples, etc. Entry is based on two criteria being met, the first on the 1 minute chart, the second on the 3 minute chart. Supporting price action then confirms entry.

There is a degree of discretion for entry, one of two rules are generally applied, a break above the high/low of the trade confirmation candle or 5 or 10 points above the Moving Average crossover. The former was more generally applicable in the Daily updates although occasionally it was the latter. Some trades were entered without reference to the 3 minute time-frame and some, purely on the direction of the Moving Averages, further discretion.

There is potential here for some (who like lower time-frames) to use this as a “scalping” rule base.

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.

Net Trap Forex Trading System Review

This is a system provided by Richard Hill who is a “quiet fisherman” who has exposed “his secret to stress free Forex profits, swapping the trading floor for a fishing net”. The system trades GBP/USD once a day at 06:30 UK Local time and takes less than 10 minutes each morning. The manual is well written with one page in particular defining the bulk of the system, the remainder being mainly for beginners and those wanting to know a little more about the guts of the system. It details what the strategy is about and goes into quite some detail about opening a Spread betting account, placing orders, stops, targets etc.

Net Trap is an easy system to set up on any trading platform and we traded the system in real-time from the end of March to the end of April, 5 weeks. Entry is 100% mechanical as is the Stop and Target, fixed at 30 and 50 respectively.

We also back-tested all of February and March. Results were February +51 pips, circa +3.5%, March +124 pips, circa +8% and April (which was all traded in real-time) showed a net profit of +34 pips, circa +2%. This is the kind of system we like, it ticks a lot of our boxes, which many of you are now familiar with. The timing suits us, it is 100% mechanical (especially if you translate the rules into an indicator), it’s almost effortless and has also proven profitable (albeit over a short period of time).

We will be continuing to trade this system in real-time with the potential view of adding it to our Systems We Use list. A little more due diligence is appropriate for a system we have only been running in real-time for 5 weeks.

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.

3 Ducks 1 On 1 Advanced Trading System Review

This is not so much a Trading system, it is more of a Trading course where an "advanced" version of the (Free) 3 Ducks Trading System is taught in a 1 on 1 session with the Author, Andy Perry. The course is performed via Skype and a 3rd part screen sharing application. Part 1 is a walk-through of the entire "advanced" process on historic charts and is an interactive session. Part 2 is performed in the current market and you apply what you have learnt in real-time under Andy's guidance. The end result is a kind of Set & Forget, apply once a day, strategy. Really helpful is the twice weekly email where Andy provides his current view of the markets in relation to the "advanced" strategy. This keeps you "in check" and allows you to compare your own views on the market. The email support is also very good and leaves you feeling supported even after you leave the course.

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.

SaneFX (aka Gold Trade Pro) Trading System Review

SaneFX is a product which offers the facility to “Trade Forex & Gold With The Easiest And Most Complete System Ever” and is “one of the 5% (of systems) that actually works”. It uses two indicators, the TCCI (a Moving average looking indicator) and the SaneFX arrow (appears Red for Short and Green for Long). The well written manual provides full details for this system and covers many trading scenarios. We chose 3 which were of most interest to us, Forex on the Daily chart, Gold on the 4 hour chart and GBP/USD on the 1 hour chart. The outcome of these scenarios are covered in the full review, the net result being that this is a system we feel may be more of use and benefit to those with more experience of Trading rather than complete novices.

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.

Enlightenment Forex / Forex Ultimatum Trading System Review

When we paid our initial visit to this website it was collecting email addresses in return for “FREE: The EFX Market Status Indicator aka The Amazing Profit Tripler That Could TRIPLE YOUR RETURNS”. On the 18^th January we signed up, filled in the questionnaire (see it to believe it) and then watched the 18 minute video by Travis Lucas (talking about Mr. X – who saved his life!). The Acceptance email we received provided a link to the same questionnaire and video. We had another 5 emails that same week and in the subsequent 2 weeks, no less than 20 more. Suffice to say, we did not progress much further with this system, we have our limits.

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.

Forex Powerband Dominator Trading System Review

Another well written and presented offering from Dean Saunders. This time it's a system without proprietary indicators but one which relies on traditional industry standard indicators. The manual is well written and the videos are well presented, as expected from Dean. Also included are two Cheat sheets, one for a Long set-up and one for a Short set-up, basically one pagers which will be all you need to refer to if you trade this system. Entries, Stops and Exits, in fact the whole system, we would say, is about 80% mechanical. This system provides a sound base for beginners, those with experience, like us, probably already use at least some if not all of the concepts used to put this strategy together.

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.