Thursday, 14 January 2010

Pro FX V2.0 Trading System Review

This is a systems that is recommended for use with GBP/USD on the 30 minute chart from 08:00 GMT, taking the first trade of the day. At least, this is what (we are told) the results on the website are based on. The manual for this system, 23 pages, for us, was quite unclear and we spent much time clearing up a number of issues we had prior to being able to trade this system. Even after a few weeks, we were not sure we had a sound rule base and this was confirmed when our results were no where near the same as those being reported on the website. In the end we decided that the system was not for us, no matter how hard we tried we couldn't nail down a sound rule base and we were not achieving the results on the website. This is not to say it cannot work for others, we just couldn't make it work for us, no matter how hard we tried. For sure, we wanted it to work, taking just the first trade of the day after 08:00 GMT for a nice steady profit appeals to us.

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.

Friday, 4 December 2009

Daily Forex Trade Live Signal Service Review

Signals for this service are for EUR/USD, GBP/JPY, GBP/USD & USD/JPY and are delivered at 22:00 UK Local time by email. There is a Buy & a Sell order for each pair so 8 orders and about 5 minutes effort. Stops around 60 and targets about the same, typically 1:1 Risk:Reward and trades are pretty much Set & Forget. One does have to be around to remove the "opposite" order in the event one id triggered in the other direction, but there is typically plenty of time to do this. During our exposure to this service we suffered quite big losses, so for the price tag and the performance we experienced we decided to steer well clear.

Please visit http://www.systemsfortraders.com/ to read our full review of this service 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.