Anytime Trader - Richard Hill Review

Anytime Trader is the 3rd system to be produced by Richard Hill.

The 100+ page manual is well written and even beginners should be able to pick up and use this 100% mechanical system without much of a problem. It is recommended that the system is traded between 10:00 and 10:45 or 13:00 and 16:45 UK time. The instrument of choice is EURUSD on the 15 minute candlestick chart. Stops and Targets are fixed and mean that the Risk:Reward works out at 1 to 1.75.

Although we ended up with a slight loss in January when we used this system this was not the fact that put us off this 3rd offering from the same author ...

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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/

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.