Forex Morning Trade Review

This is a Forex Trading which trades GBPUSD and it trades it very early in the morning, 6:30 UK Local time. A customised MT4 indicator does all the work here, at 06:30 it provides all the information necessary to trade. The Entry, Stop and Target are clearly displayed so it's a case of executing your trade at market and then entering the Stop and Target as per the display. If there is no trade, this is clearly displayed so you can go back to bed. Only caveat that makes this not Set & Forget is that the Stop is moved to break-even when in profit by 24 pips. This is not an issue if your broker provides such a function but it will be if it does not. Performance wise we are up 14% over a 9 week period assuming a 2% risk per trade and historic results also look impressive.

A simply to operate system which we will be keeping our eye on and may even consider adding it to our Systems We Use list, you can try it free for 30 days here.

Please visit our Forex Trading Systems Review Site to read our full review of this system and many other Trading systems and services. We also have a free Real-time trading room for Forex Morning trade on our website.

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/

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/

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.