Abes Forex Signals Review Official Site ***** HIGHLY RECOMMENDED – Click Here ******

Forex signal services come and go and the latest to hit the market is coming from an experienced trader Tal Abraham endorsed by Vladimir. The signal service is going to be released on the 10th January and I can tell you that this forex signal service is going to be unique, one of its kind ever launched in the forex industry.

Before you just browse off this page since you may be thinking that this is the same old story, I honestly stress that Abe Forex Signals Service is different from the other signal services that currently exists or existed in the past. Trust me I have used many different services and reviewed many signal services in the past so I think I know a thing or two on how a professional signal service should run. I also understand that probably in the past you have signed up and tried a number of forex signal services and you were disappointed, feel deceived and probably lost money. We may have all experienced this, but this failure which probably wasn’t your fault, it does not mean that you should not try new signal services as they are launched especially if the service looks legit ad endorsed by a popular figure that has his reputation at stake.

Finally after couple of months, we have a new and another legit valid honest profitable forex signal service – the Abe’s Forex Signals Service! What a nice way to start 2012! Keep on reading this Abe Forex Signals review Service is different from the rest. By the time you have finished reading this article, you will be pretty much looking forward to at least trial the service!

Abe Forex Signal Service: Who is Tal Abraham?

The man launching the signal service is Tal Abraham (aka Abe). Abe’s success and reputation as a Forex trader is unquestionable. Since 1995, Abe has been trading for a living as his sole income and also managing accounts for private investors. Initially Abe specialized in commodities, stocks and options, but when the Forex market grew especially with the explosion of online trading, Abe shifted his attention and focus towards forex trading, and he now trades most of the currency pairs including oil, silver and gold.

The other man behind the signal service is Vladimir Ribakov, another established trader for trading systems like the sRs Trading formula (that I use every day) and also his signal service. Together now they have joined forces were Abe will be providing his trading signals while Vladimir will be using his experience of how to run a successful forex signals service.
Make no mistake, the whole system infrastructure is of extreme importance especially when a good numbers of traders will join the service. This may nail the service to its death irrespective whether the signals sure profitable or not. Having Vladimir on board I am pretty confident that this will not be an issue since Vladimir runs his own signal service, so past experience in this particular case is of extreme importance.

Abe Forex Signal Service: So what’s in for me?

From the information that his been released so far this signal service have unique features the first of its kind ever launched to the public and probably there won’t be anything similar in the future!
So what Abe’s Forex Signals service is all about? Apart from the long term profitable signals provided directly by Abe, the following two additional features will be provided:

AbeAIFX_SP21 – the Automated Trade Copier
This is indirect access to Abe’s professional Expert Advisor (EA robot) which was never released for sale to the public and will never be. This is own Abe’s creation since he has developed his own expert advisor names AbeAIFx_sp21. This automated robot is also directly maintained by Abe’s himself. Furthermore, Abe’s uses his robot himself in his accounts to take his trades and it is also used by other investors’ accounts managed by Abe himself.

Next, the exciting unique thing…

LIVE WEBCAM
Yep, this is unique feature never done before. You will be able to watch Abe trading live just in front of you through a live web cam! Re-read the sentence please!

Done? Ok, All trading will be streamed live through a webcam which focuses on Abe, so you can easily watch live charts, easily watch Abe trading and also watch Abe’s robot (AbeAIFX) if required.

Facts say that most traders that claim to watch over their shoulder while they trade they normally use a demo account. Then they will produce a nice video ‘as a proof’ but again most of the time (depending how clever is the trader) you can easily tell that they are using a demo account. Using a demo account as a proof is meaningless.

In this particular case, Abe’s Forex Signals service will be a real Forex Live show – never done before and this also shows the full confidence Abe has in his trading skills and methods.

Thus, in addition to the 2 sources of automated signals mentioned above, any member of Abe’s service will have access to the Live Camera Room where a security camera will present 4 steaming sources.

Abe Forex Signal Service: Proof Results

So far two accounts have been provided, one is Abe’s manual trading and the other is his EA – AbeFXAI_21. These are real account – with real money. These proofs that Abe is consistently pulling profits out of the forex market – no doubt.

For further testing these guys will be testing and publishing their statement. Visit Abes Forex Signals results page here.

Abe Forex Signal Service: Conclusion

So are you excited? For sure it is worth a trial and I am pretty confident that this service is top notch legit service.

This post is from: Forex EA Honest Reviews on robots, signal services, forex courses and much more!

Abes Forex Signals Review

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***** million dollar pips review ***** Click Here ******

A new robot is on the market – Million Dollar Pips Review and when I got contacted to review the robot, I instantly got pulled off by the name. I simply thought that this is another rubbish, not even worth to consider it, imagine writing a review and even worse demo trade it.

Curiosity killed the cat, and I thought – “I am sure that they have no live account on the sales page.” To my surprise there was a large live account and another thing got my attention – “small losses”. Wow a robot with small losses?? How can it be?

million dollar pips review – Small Stop Loss?

Yep! Analysing the statement found on FXBook, the robot stoploss is only a few pips, on average 7 to 9 pips. However the wins onaverae are also very close to 7 to 9 pips on average, so we may assume that we have 1 : 1 risk win ratio – which is cool.

For example taking some trades done today – 19th July 2011, we can see that there was a total of 9 trades for a total profit of today of 6.4 pips. Trades are only open for a couple of seconds or minutes so this is clearly a Scalper Robot – which to be honest I like. Of course this entails that we need a scalper friendly broker – which can be a problem for some of us.

All in all the EA looks to be a genuine product. So I have convinced myself to try this EA. I am going to purchase the EA tomorrow and will publish my results here. Stay tuned for more updates!

This post is from: Forex EA Honest Reviews on robots, signal services, forex courses and much more!

Million Dollar Pips Review

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***** Kangaroo EA Results Official Site ***** HIGHLY RECOMMENDED – Click Here ******

Some time ago I have written a review about Kangaroo EA. Now it is about time to give you an update of how this EA has been going and what are the Kangaroo EA Results.

In a nutshell, Kangaroo EA is going very strong and has been running on my live account since the very first week of purchase. I blindly trust this EA and the people behind it. They often release updates and fixes straight away especially when Metatrader platform updates breaks something or more frequently the Forex News Releases filter which if I am not mistaken it is retrieved from forex factory and they often make changes. The Kangaroo EA team is quick to fix these issues and release an update to accommodate the changes done beyond their control. All in all the people behind Kangaroo are fantastic. They know what they are doing and they care for their customers. Definitely they are not the type of people that release a robot and then they run away with your money.

So how was my journey so far? – Kangaroo EA Results

Well I could have earned more money but I did some mistakes – stupid me. Initially I was running the EA on a classic account (Alpari UK) and I noticed that I was risking too much. Well I go easy with profits since I am not greedy. Then I switched to a Micro Account (Alpari UK) and in the meantime I have built full confidence in the Kangaroo EA. Mistakenly again on the new account I set the risk level too low (by mistake) and I was trading for some weeks with microlots (0.05). Finally now I am well set up.

Furthermore who said EAs are to be left alone? EAs must still be monitored closely, since last week my EA did not trade because my platform lost connection and I didn’t realize – and lost 62 pips profit – damn!

Well, the following screenshots are some of my trades taken, which of course you can compare them with those found in the Kangaroo EA statement. Do not search for last week trades since as I said I didn’t realize that the EA was off.

Click the following link to open the image – Kangaroo EA Results – opens in a new browser.

All in all the EA did $700 profit on this account and another $400 on my classic account prior switching the account since February. Considering I started the micro account with around $4000, so far I am up by around 17% in 5 months which is very good. Risk level is moderate and as you can see it is set to 3%. Many Kangaroo users use 5% risk, but I am a moderate trader and I am more comfortable with 3% risk.

15% Off Promotion – Kangaroo EA Results

The account of Kangaroo EA owners reached 100% profit since its beginning in September 2010 and to celebrate this great achievement they are giving you the chance to buy kangaroo EA with 15% discount from its normal price.

1) Visit this link and enter coupon code 100%RETURN in the coupon code box.
2) After entering the discount code, click recalculate so that your 15% upfront price discount is applied.
3) Offer valid till Next Sunday – 12th June 2011 (the website says 2010, but it is a genuine mistake )

Follow this link to grab your 15% discount:

If you miss this offer, or better say if Kangaroo EA is not part of your trading EAs robots, then I am sorry my friend Forex is not for you.

This post is from: Forex EA Honest Reviews on robots, signal services, forex courses and much more!

Kangaroo EA Results

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Hi Guys, a new trading system is out and this my honest Forex Master Method Review …

***** Forex Master Method Official Site ***** Click Here ******

***** Forex Master Method Review – UPDATED – 26th May 2011 – ****
A FREE Line Trader EA on the house if you register with Forex Master Method Today valued at $499. Well you still need to draw the trend lines and / or support resistance lines but this saves us time. Watch the video now and see how it can be used – Download Forex Master Method Free Site

***** Forex Master Method Review – UPDATED – 25th May 2011 – ****
A Candle Stick pattern recognition indicator is being given for FREE if you visit the Forex Master Method Official Site now. A 28 page well written report on what and how to use candle stick patterns is also being given. Go get the indicator now.

Well it has been a long time since I wrote a review, and if you know me you know that I don’t review every forex product that is released. I review only those that are worth our time and money.

Lately nothing of quality was released but suckers are becoming creative to invent their own original stories. The latest I read what “that speed is everything and my robot searches the social media for trading decisions”. I felt off my chair when I read that.

Anyway, what I am reviewing today? With pride today I want to introduce you the new forex product to be released in 1st July 2011 – Forex Master Method and this is my forex master method review. Why I am excited? It is because this product is coming from a person that he is not shy to hide his face, he is a real trader and he already released a profitable system some years ago – Forex Rebellion. I am talking on the one and only Russ Horn. So without any single doubt, the system that he is going to release – Forex Master Method, is a winner system.

To start with, this is not a fully automated EA. This is a manual system that comes with a Trading assistant software to pinpoint entries using the method and a unique meter to assist with trading accuracy.

Don’t be disappointed. How many EAs do you trade and trust in all these years? Myself I only trade two – Kangaroo EA and Forex Morning Trade. Nothing else and I try a lot! But I do trade a lot of manual systems including the one I am giving for free, my own pivot trading system and Rover North system just to name a few.

So at the end of the day assisted trading systems are the best approach so far. This way there is no need for you to stay in front of the computer waiting for something to happen. Instead you are alerted when there is a potential trade setup. That’s how trading should be for the time being.

forex master method review – So what’s inside?

Pretty simple it is a complete course that comes as a package with 6 DVDs full of examples and details about the method. I am sure that nothing is left out since I know that Russ Horn is a great communicator. I have Forex Rebellion and that system come with a lot of trading examples so I am pretty confident to say that even Forex Master Method comes with even better training!

The full package basically includes

• Training Manual: Comprehensive full colour bound training manual to take you step by step through what to expect and how to trade the method.
• Full no holds bared step by step DVD’s that show exactly how to use the method
• DVD 1 – Setting Up the Grounding Material
• DVD 2 – Unique Method Of Trading
• DVD 3 – More On Unique Indicator Methods
• DVD 4 – In-depth Analysis Of The Unique Method
• DVD 5 – Complete chart analysis and how to Manage The Trades
• DVD 6 – Advanced Techniques, When To Avoid The Trades
• Two Live Webinars
• Trade Locator And Power Currency Meter
• War Room – Lifetime Access to members – only area, with lifetime access to updates, newest materials,
  scheduled webinars, more videos and a whole lot more!
• Cheat Sheets To Assist Traders Get To The Point Quickly.
• 24/7 Customer Support – Various ways for your clients to keep in touch throughout the launch and after,
  including live and alternative support.

Something side to point out is that some weeks ago Russ Horn sent out an email about changes to his Forex Rebellion system. My point is, even 2 years after the launch of Forex Rebellion, Russ still cared for his clients and update on the system. So the War Room is definitely a gold mine.

Forex Master Method Review – Launch

Launch will start today and during the launch a lot of free indicators are going to be released. Follow the launch since it will be amazing.

Be sure not to miss anything!

Forex Master Method Review – Conclusion

Of course I don’t know anything about the system, honestly no one knows. I am recommending his system based on the trust I have on Russ Horn. And I am sure he is not stupid enough to ruin his reputation. Furthermore, by the time I receive the package and write about the system itself, the doors would have been closed already because I am sure that this system is going to sell pretty fast.

Further to this, only 750 copies have been printed and this course coming from a proven person Russ Horn in the industry is a must have course if you want to break in the forex market and at the end of the day be profitable with real serious profits. Take my word this. I make serious money with my manual systems and not with my beloved robots, even though I love them.

So this may be an opportunity of your life time. At least give it a serious thought! I am in. You?

This post is from: Forex EA Honest Reviews on robots, signal services, forex courses and much more!

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Hi Guys, a new Signal Service, Forex Executor and this my honest Forex Executor Review…

***** Forex Executor Official Site ***** Click Here ******

***** Forex Executor Review – UPDATED – 6th April 2011 – ****
Just as a further proof of my transparent straight to the point honest reviews, I just bought Forex Executor. It seems that Forex Accurate and Forex Executor uses the same platform (which is stable by the way) however I dobn’t know if they share the same trading systems. Probably NO.

In fact if you login into Forex Accurate account, it redirects you to the Forex Executor site, which is the same as it was the Forex Accurate site! I don’t own Forex Accurate since I was very busy when it was released to follow and baby sit new systems even though I have Beta Tested Forex Accurate and I was impressed with the results.

I DON’T think that Forex Accurate and Forex Executor share the same trading systems, so what’s the purpose of releasing Forex Acxcurate under a different name when Forex Accurate is itself is a very successful and profitable overall. So they should have different trading systems coming from different traders and they want their share of profits which is understandable. I have contacted the customer support of Forex Executor for explaination on this issue and will let you know when I get a reply.

So I suggest that who already owns Forex Accurate, so far DO NOT buy Forex Executor until this issue is cleared.

Before I start, I wish to apologies for not writing anymore reviews in these last weeks, but as I said in my previous post, I was extremely busy and I couldn’t write anymore reviews. But now I am back whether you like it or not Going through some emails that I received about new forex robots during my absense, to be frank there were only one or two that are worth a try. The rest where junk! Forex Arbitrage? Sport Arbitrage? Give me a break please! Lets start with my forex executor review…

Anyway, stupid me, I did missed the invitation that I had received to beta test Forex Executor back in February! Me very stupid! Something else, this is not Forex Executor Pro released in 2009.

So what is Forex Executor? Who is behind it?

Forex Executor Review – The Team

Richard Chandler and Victor Harrisson are the two master minds behind Forex Executor. Victor Harrison is indeed the creater of the successful forex signal service provider Forex Accurate. Forex Accurate was launched back in January, and I have beta tested the software and I even sent you an email to join the beta testing team. This service has been very profitable and I hope you did take the occasion when I sent you that email! I still need to write a proper review though!

So now you may understand why I am a bit angry with myself for not taking the opportunity to beta test Forex Executor. Anyway, even though I don’t know Richard Chandler, I don’t think that Victor will want to ruin his reputation with this joint venture with Richard. Don’t you agree? So this product should be as good as Forex Accurate. We will see when I test it!

forex executor review – How does it work?

From my understanding, this works the same as Forex Accurate. The system is based on Master / Slave system, where you receive signals from their server.

If you are familiar with Leo Trader Pro, it is based on the same principle with the exception that Forex Accurate master / slave works, reliable and pretty fast two!

So you just install the slave software in MT4 and let it wait for signals coming from the master. Eventually when a signal comes in, the trade is executed on your account. From your end, just make sure that the MT4 is running and let the account grow consistently. Just do nothing else.

The signals will be coming from professional top dedicated traders with their own trading systems and styles. As I always said each trader have his own trading style. Myself I hate systems with large stop losses, like 300 pips for example. I am also a short trader meaning that I don’t like long trades. I like short trades with small stop losses.

Forex Executor will have a selection of trading styles – scalping, swing, day trading etc. You just select the once you wish to trade and that’s it. You are allowed to trade 5 systems at a time, so you can change systems whenever you want.

What is nice about this is that they will be offering the most profitable combinations of trading systems called portfolios. So you just select a portfolio and that’s it.

This is all the information that I have right now. As I said I missed the beta testing so I don’t have as yet any insider information. These guys really called people like you and me to beta test their platform, so this should gives you enough confidence to at least trial the system.

Furthermore having Victor (the guy of Forex Accurate) involved in this project, should give you further confidence that Forex Executer is a must add-on to your trading systems that you use.

I will keep updating this post once I have more information.

This post is from: Forex EA Honest Reviews on robots, signal services, forex courses and much more!

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Hi Guys, this is my 100 percent winners review…

Finally I am back, now I have again time to write my unique honest reviews. I was pretty super busy with work and had no time to write reviews. Anyway we missed nothing in particular of quality except for Forex Accurate but I will write about that later.

Now, I know that your email got bombared with a product called 100 Percent Winners. For some reason forex internet marketers are marketing this product, and some of my readers are asking me to write the 100 Percent Winners review – of what I think as usual. Again it is time to unsubscribe with these guys for your good health.

Well, few weeks ago we had a forex product (crap for a change) that deals with Forex Arbitrage – I have forgotten the name of the product and I have no problem writing the name, but I just forgot it, sorry. Probably this is why forex marketers are marketing this product – 100 Percent Winners since let’s face it, everyone hates loosing, so winning all the time sounds cool. It will not remain so cool when you read the following though!

Sport Arbitrage History

Sport Arbitrage is not new and I have tried it back in 2003-2004! There where available a number of websits (free) that lists the possible bets at that point in time. There where also paid services which of course where more accurate. There where also software available and I also had mine!!! Sports arbitrage grew bigger since new betting exchanges started to open up, so more arbitrage bets (or arbs as they are called) become more frequent. Remember that I am software architect so designing and writing software is my daily battle of life! But why I have not sold my software at that point in time?!?!?!?! Would have become rich by today!

So what I want to say? Spill the beans Jason please. OK Lets go.

Does Sport Arbitrage exists? YES it does.

Does it really THEORTICALLY work? YES it does, it is just a simple mathematical formula

Does it really PRACTICALLY work? NO IT DOESN’T – sorry. IT DOES NOT WORK LONG TERM. Let me tell you the potential pitfulls then it is up to you to decide. Regarding the 100 Percent Winners I have only watched a video by someone elses and apparently the potential problem of arbs betting is still there with this software. So let’s see…

Potential Pitfalls

1) Be aware that you need a lot of accounts with a lot of bookies! Of course these accounts must be with cash. So if you have a capital of $500, you need to split that with 10 – 20 bookies. So taking $500 with 10 bookies, you will have $50 in each bookie account to bet with.

2) Jason I have no problem with point 1. OK hear this. If you bet $50 per bet, you will win maybe $0.10-$0.20 per bet. Read again – yes they are cents! So I am going to start asking you – Is that winning is worth your time? In my case no!

3) OK Jason I still have no problem with point 1 and 2 – what else? The bookies that these arbs normally happen are among most of the time unlicenced bookies, or bookies in northern europe with no english websites. Finding your way around these websites is a nightmare. Yes arbs do occur between major bookies like William Hill, Bet365 etc. but the difference – the profit margin is very very low.

4) Now the REAL Problem.
Arbs occur and go in few seconds to few minutes. YOU SHOULD BE FAST. YOU MUST PLACE THE BETS FAST.

From what I have seen, the software does find arbs for you, it does redirect you to the bookie website, it does calculate the stake for you but you need to place the bets yourself. So you need to be FAST to place BOTH bets otherwise you remain exposed, and you will not have a sure bet (another term for arbs) anymore.

What if the odds change while you are placing the first bet? OK I will not take the bet than. OK so what if you have placed already bet 1 and you are about to place bet 2 and in the meantime the odds are changed? Now you are screwed, because the bet is not sure bet anymore!

Do odds change frequently? Yes they do! Remember other people have the software the same as you! Furthermore you need to find the bet yourself, and finding the bet in those websites is extremely a headache since bookies change there websites layout often! And if the bookie is a swedish or finnish with their language – goodluck! And you are earning what? Just cents.

If you are betting with $1000, assuming 1% profit margin, you win $10. If you have ten accounts you need $1000 each, so $10000 capital. When you win you have one account $0 and the other with your winnings. You need to deposit again in the lost account for the next bet, so effectively you need $20000 – $30000 in all. Withdrawing your winnings can happen in days (it is not instant!) so you need all this liquidity in hand.

Furthermore, some banks may charge you since you are depositing money with a betting company – check this with your bank, but it happened with my bank using my VISA account.

Now you are winning cents or maybe $10 a bet. Just realise that all you need is 1 bad bet, and 30 – 50 profitable sure bets profits are wiped out. This is the same of having forex ea with a large stoploss. Votality when these arbs happen is very low so the bookies will be fast enough to change the odds, which anyway it is software controlled, so it will happen fast!

There are other issues apart from the above, like bookies irregularities (arbs will happen most of the time with these bookies), and you will get a heart attack when you receive an email or a phone call that your bet was cancelled since they had a mistake in their odds. Read their very small tiny microscopic terms and conditions and you will find this clause. What if you have problems withdrawing your winning? There maybe problems TRUST ME! Just Google this and you will find how many people had problems to withdraw their winnings! Is it worth the hassle.

What if your internet connection went down when placing bet 2? What if your cat comes jumping on your keyboard while placing bet 2? What if you wife is screaming to go downstairs, or your neighbour is waiting for you to move your car and you do a mistake while placing bet 2? Yes I am being sarcastic here, but the cat jumped on my keyboard while placinig bet 2 has happened to me! But I was lucky! You can make mistakes easy in this case, since you will be in a hurry to close the bets!

Just be careful guys. If you still want to test this software, this is my affiliate link – but I have warned you!

This post is from: Forex EA Honest Reviews on robots, signal services, forex courses and much more!

100 Percent Winners Review The FULL Truth

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Hi
***** Rover North Forex System Official Site ***** HIGHLY RECOMMENDED – Click Here ******

***** Rover North Forex System Review – UPDATED – 31th January 2011 – ****

When the system goes for sale, a semi automated Ea will be offered that will alert you when there is a trade setup. This way you will not need to be all the time in front of the computer. If you click on the big YES button, it’ll place the trade for you. Very cool and easy. A quick look at charts and you can decide if you want to place the order or not.

The system at the end of the day is very simple and is based on a trend following. I will purchase the system once it goes live (very soon) and will post more info.

***** Rover North Forex System Review – 30th January 2011 – ****

This rover north forex system review is based on my personal opinion on the system and I will be updating this review once I get hands on experience using the system.

Even though this blog is for Forex Eas and automated trading, it is good to deviate a little bit and sometimes focus on the other side the world – manual trading. To be fair, if you learn, understand and do some manual trading, the knowledge and experience gained with manual trading helps you a great deal in understanding better expert advisors.

There are a lot of manual trading systems to use, and it is imperative to learn new profitable once they become available. Having said that, all traders have their own trading style and this also applies to forex robots. I may like an Ea and how it trades, and you may not like the Ea at all even though you know that the Ea is profitable in the long term. This also obviously applies to manual trading systems, and in this case it must also fit your life style, not just the trading style. At the end of the day you need to place the trades manually, so you need to have the time to watch and monitor the charts every now and then for a possible trade setup.

Similarly to EAs, most trading systems are worthless. It also takes a lot of time to paper trade the system to see whether the system is profitable or not in the long term. This is why I am always on alert when a new profitable trading system is out for sale. And here is where Rover North Forex System comes in.

Rover North winner over 1200 other traders – rover north forex system review

Rover North is the winner of the last Sure Fire Trading competition. For those not aware of what Sure Fire Trading competition is, it is basically a competition where hundreds of traders compete with each other for the best trading system. This is an open competition and everyone can participate or follow along the competitors and their performances. That is basically the competition in a nutshell, although it is more complicated than that.

Rover North have beaten 1200 other traders, and he is the sole winner in the last competition. Although I have not followed the competition myself, some of my friends who followed the competition quite closely told me that his system is consistently profitable and apparently easy to use. The system is basically

• It is very simple
• It is easy to master.
• It helps you understand some of the fundamental elements in manual trading – multiple timeframe analysis and moving averages.

If you want to be a good trader, these are some the things that you have to master.

Trading Videos – rover north forex system review

In the official site of the Rover North Forex System Review, you can watch a number of videos of how the system is traded – live trading.
Trading accounts are also available for you to analyse.

But Statements can still be faked – Rover North Forex System Review

This is absolutely true. What many unscrupulous vendors do is to launch a number of Eas on different accounts and see which EAs survive! The one or more that survives are put on for sale.

So showing me accounts are still not a valid reason to trust this, isn’t it Jason? Absolutely! Seeing accounts which are not updated for every trade taken, this means that there is something wrong that the vendor does not want you to see.

On the other hand, seeing live statements that are updated for every trade taken including the profitable trades and the losing trades, it means that everything is transparent and the vendor is legitimate. Then it is up to you to see hew the Ea trades or how the trading system works and see if it fits your trading style or life style.

In the case of Rover North system, the accounts where published yesterday and made available to the general public – although I am not sure if they are available, but for sure they will be again available later on.

So is the Trading system legitimate? – Rover North Forex System Review

Furthermore, the Sure Fire Trading Competition is held a couple of times a year and everyone is able to follow the progress of the competition. As I said, my friends followed the competition when Rover North won in style.
During the competition statements are always made available for everyone to see. Basically there is nothing to hide and everything is transparent. So who followed the competition closely have seen and witnessed the account of Rover North (apart others of course) growing day after day making profits consistently.

Why this system can’t be Automated – ? – Rover North Forex System Review?

A robot is a piece of software. It doesn’t see, feel, listen or do anything that we human do quite naturally. When a trader looks at a currency chart, just with a small glance we get a good feel of what is going on with that particular currency pair. We can immediately tell of the currency is going up, down or just going sideways.

Furthermore, human beings can recognise patterns rather easily. We know that w and w and w are still w. Pattern recognition is not obvious for an EA irrespective how much money it costs.

Although yet I don’t know how Rover North System works, from the videos that I have watched which are available in the official site, I think that the entry conditions for this system are not that easily to be implemented even though they are obvious even if your level of experience is zero in forex trading.

I have my own best trading system based on pivots which I can’t automate, and similarly the amazing trading system that I am giving for free when you sign up to my mailing list – it simply can’t be automated even though it is very easy to use!
So since EAs can’t do everything, we still need manual trading systems to make more money and Rover North seems to be one of them.

I will be purchasing the trading system and will update this review as I get hands on experience with this system. So bookmark this page.

This post is from: Forex EA Honest Reviews on robots, signal services, forex courses and much more!

Rover North Forex System Review and Results

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***** Kangaroo EA Official Site ***** HIGHLY RECOMMENDED – Click Here ******

***** BREAKING NEWS – NEW TRADING PAIR TO BE ADDED THIS WEEK!******

The following Kangaroo EA Review is based on my personal opinion on my experience back testing this EA. Honestly I will be soon going live with it! As readers of my blog, you know that when I write a long review is because the product deserves my time and your time to be reviewed and eventually tested by myself. So here we go.

Our New EA Friend – Kangaroo EA Review

Kangaroo well it is related to Australia, and effectively that is where it the EA come from. To start with, if you visit the official site of the Kangaroo EA you notice that this is not like the usual long spammy or scammy sites. This is a professional site, from professional people for serious traders like you and me only.

First and foremost, NO EA can make you rich tomorrow. You can get rich and make easy money with Forex Trading but it is a long way. People that tells you that with my EA you will make $24,454 and similar numbers in a month – JUST RUN!!!! Such claims are impossible. The vendor that sold you an EA which does not work will get rich not you. You just bought a dream with such EAs. And there are people stupid enough not to claim refunds so the vendor will make money at the end of the day.

Unfortunately, because of such unscrupulous vendors, EAs like Kangaroo EA are ignored or overshadowed with all the spam emails that you receive every single day. Since we are at this topic, why don’t you unsubscribe from all those emails that you received in the last 2 – 3 weeks – promoting pure junk? If these internet marketers flooded your mailbox with crap useless robots, do you really think that they have YOUR interest in their heart? – to promote you only profitable EAs? They will keep pestering you with emails running after your pockets of course. So it is time to clean your mailbox, and keep only those that really wish you success – like me. Have a look at my last posts and see which robots I said “not recommended” or something similar and start cleaning your mailbox. These emails distract you, these emails make you loose good profitable EAs like the Kangaroo EA and few others!

Back to Kangaroo EA Review. You can view LIVE account statement in the following link.

http://www.myfxbook.com/members/TulipFX/kangarooea/56195

Have you noticed a profit factor of 3%? So for every $1 invested you get $3 in the long term.

Forex Peace Army are also trading live with this EA. So what are you waiting for?

Backtesting Kangaroo EA – Kangaroo EA Review

I have done throughly back testing with this EA based on 99% tick quality. This means precise testing, tick by tick. It is a long process to get and prepare the data but this is the ultimate full proof reliable test. Most vendors produce 90% quality test which honestly means nothing.

On the Kangaroo EA official site you will find actual 99% back tests and shows the profits returned by the EA. Below is the screen shot.

Notice 99% modelling quality and the sections highlighted in yellow. Thats a real test and I got very similar results with my back tests that I will publish soon. Probably I had different spreads, but results are impressive – pure profits!

Kangaroo EA White Paper – Kangaroo EA Review

In the official site you will also find a white paper explaining in detail the strategy of Kangaroo EA. This helps you understand how Kangaroo EA works so you can manage it better!

Positive things on Kangaroo EA – Kangaroo EA Review

• Trades AUD/USD and EUR/USd and there is another pair to be released soon.
• No 300 stoploss, but tight 60 pip stoploss
• Expect a return of 10% – 12% a month with MINIMUN RISK!
• Simply Profitable

Costs of Kangaroo EA – Kangaroo EA Review

Quality and peace of mind comes at a cost. Kangaroo EA is not an EA of $97 which you throw away the next month. This is a long term investment. However it is quite affordable – trust me. I think with all the insurance that this EA comes with, you are ready to invest in it at any price for a consistent 10% – 12% returns a month do you?

It also comes with a monthly subscription fee. Look at this as an insurance since any EA must be kept updated! The monthly fee you will get it in the first trade!

Main Kangaroo EA Features – Kangaroo EA Review

• runs 24/7 automatically, no intervention needed
• runs on all Metatrader4 platforms
• runs on all MT4 brokers, Dealing Desk, STP, ECN
• will automatically detect and adjust for 4- or 5 digit brokers
• proprietary trading technology
• contains our highly praised “PNA” algorithm*
• its algorithm is designed to trade with the trend; should strong trend reversals occur, the KangarooEA will quickly change direction of trades
• one-click install, get setup in less than 10 minutes
• 60 day money-back guarantee

Conclusion – Kangaroo EA Review

I have been running back tests since December and did some forward testing too. I will going trading LIVE with Kangaroo EA soon as I settle my new account with my broker. I have enough faith in this Ea and its vendors, which for once are legitimate honest vendors.

Unfortunately, I got busy with other things and I couldn’t find the time to write a proper review earlier about the Kangaroo EA.

I honestly thing that this EA should be part of your trading arsenal robots, and you can trade safely with it. You will see your account growing steadily – PROFITS!

Don’t let the monthly subscription puts you off. I love monthly paid subscrition EAs since these are continually updated as the market changes by the vendors, meaning profits keep coming month after month! The monthly subscription is an insurance for your long term profits! This is how you need to look at it, because that is what it is – insurance for your profits!

For Your Success!

This post is from: Forex EA Honest Reviews on robots, signal services, forex courses and much more!

Kangaroo EA Review and Kangaroo EA Results

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*** UPDATED – 24th January 2011 – NOT RECOMMENDED ****
Based on what I am reading on another comments and my initial Copy Paste Pips Review in this posts, and also basd on my initial review, read below, this EA is NOT RECOMMENDED – ANOTHER SCAM. Please Claim ALL Refunds, so maybe this idiots stop releasing EAs of this type. These are damaging the industry especially those few honest vendors that release quality profitable EAs.

We have a new signal service – Copy Paste Pips.

The service is from Robert Colmer, and he is claiming to be a veteran trader. Now with this service we should copy his own trades, thus by the end of the year we should all have made tons of money!

My Perception – copy paste pips review

1) From the sales page, it doesn’t convince me much as yet. The statement available started trading in July 2010 and the last trade was yeterday – 18th January 2011.

During this period it shows a profit of $12 536.71!

Anaylsing the statement, most trades have a stoploss of aroun 100 pips which is acceptable if trading on large time frames – 4hours charts and up. But there is this particular trade that cought my attention – a trade 500 pip stoploss.

2010/07/02 06:10:00 Buy 1.00 EURUSD 1.25141 1.30141 1.35141 2010/07/28 08:32:00 1.30141 0.00 - 16.80 5 000.00

The trade was trading with 1 lot, hence with 500 pip stoploss it means that there was $5000 risk, meaning risking 50% of the account.

I don’t call that trading to be honest.

I can’t trust someone with my money risking 50% of my account.

The trades are also very sparsed in days, so I believe that he is trading on large trimeframe. Still risking 50% of the account is not acceptable for my style of trading.

His Claims – copy paste pips review

• 224 Day History and Counting…
• Profit Factor: 10.10 (this is unheard of!)
• Total Return: 89.53
• Winning Rate: 90%
• Risk/Reward Ratio: +1.43 (Lowest in the industry)
• Worst day %: -2.6%
• Worst week %: -2.3% (that means even my “bad days” are still better than 99.9% of the traders out there!)

My Conclusion
I am not going to purchase this service, it didn’t convinced me as yet. There are other systems / EAs on my priority list and this service didn’t manage to earn a spot on my priority list. I will wait and see what others think about it first. Furthermore, I never heard of Robert Colmer – no offence Mr.

If you have purchased this service, please leave your comments below – good or bad!

This post is from: Forex EA Honest Reviews on robots, signal services, forex courses and much more!

Copy Paste Pips Review

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***** Signal Machine Official Site ***** Click Here ******

Hi people

The following Signals Machine Review is based on my personal opinion on what I have seen so far during the launch of the service.   As followers of my blog, you know that when I write a long review is because the product deserves my time and your time to be reviewed and eventually tested by myself. So here we go.

Tal Herman is one of those rare top professional traders who make a living from trading the Forex market. He named his system the Signals Machine since this is exactly what it does – generating signal after signal – quality signals. The signals are highly accurate and originate from sophisticated algorithms which powerfully combine 3 different strategies all dedicated to the GBP/USD pair (for the time being). The multi-use of several strategies increase the frequency of signals at any given time frame.

Signal Notification Signals Machine Review

The system offers 2 ways of notifications:

• Voice Notification – (Buy, Sell, Possible Signal in 15 minutes)
• Email Notification

One Click Trade Entry System – Signals Machine Review

How a signal is eventually turned into trade?  Basically it is very simple.  You get a pop up on your screen and all you need to do it press Yes.   The system will then automatically place the trade setting as well the stoploss and take profit automatically.  From the image also notice that we don’t have a system with 300+ stop losses that we are becoming common lately.

News Protection – Signals Machine Review

This is one of the most important thing that ALL forex products lack – news protection.  You know that there are two aspects in forex trading – fundamental analysis (news) and technical analysis (trendlines etc).  In some certain days of the month major news releases are released that makes the charts go crazy.  It is advisable by most people (even myself he he he)  that you don’t trade during this time.  Spreads are widened, many reqoutes and if you have a tight stoploss, it will for sure be hit.  Many traders just trade the news, but first and formost you need to have a professional serious broker, and secondly you need to understand economy – which I don’t honesty lol

Signals Machine is the first product that protects you during new time with a message at the top left hand corner of the screen.

Strength Gauge – Signals Machine Review

This revolutionary new indicator is a culmination of 3-years research studying statistics of currency correlations and trend development.  This is an amazing indicator and it will be part of the Signals Machine service.

That’s all the information I have right now, but as more information becomes available I will for sure update this page.  Right now there is an interesting video to watch.

I will buy this signal service and will test it here by also posting my statement, and will keep updating this Signals Machine Review post

This post is from: Forex EA Honest Reviews on robots, signal services, forex courses and much more!

Signals Machine Review

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We have a new signal service – Stealth Forex Signals.

The service is from Scott Robinson, and he is claiming that he makes $2 Million profits per year in Forex. Now with this service we should copy his own trades, thus by the end of the year we should all have made at least $100,000 each – at least. Yes Right. I was about to forget, we will only trade 2 minutes a day!

My Perception
1) From the sales page, it doesn’t convince me much as yet. There are no real proves, except a profit statement which well yeah you know…

A live account would have been the perfect proof. I don’t expect to see his $2 Million account, but he could have easily have create a $5000 account and replicate his real trades onto this new account as a prove for us.

Ahh sorry this is also a software, so there was no need of replication! It is even easier. But as a proof we have just some images. Not enough, isn’t it?

2) If I understood correctly we install a software that will create the signals. Qouting his site

You see, Stealth Forex Signals is software that gives you automatic signals about when to trade.

That means when to get in, when to get out.

You don’t have to worry about anything else.

You don’t have to watch anything.

So, I think that this money making millionaire systems are coded in this software.

3) The funny thing is that in the sales page he is comparing his service with some existing best robots. He claims that his service gives profits compared to the best 6 robots over a period of 5 years.

Now, isn’t your service a software as well? It is still a robot sort of!

4) The good thing is that it is a product from Clickbank, so you can easily claim your refund. Do NOT try this software on your real account!

My Conclusion
I am not going to purchase this service, it didn’t convinced me.  There are other systems / EAs on my priority list and this service didn’t manage to earn a spot on my priority list. I will wait and see what others think about it first. Furthermore, I never heard of Scott Robinson – no offence Mr.

If you have purchased this software, please leave your comments below – good or bad!

This post is from: Forex EA Honest Reviews on robots, signal services, forex courses and much more!

Stealth Forex Signals Review

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For Serious Traders ONLY. Tom Strignano Money Management

With pride and honour today I am writing about a new product Tom Strignano is releasing on the 4th of January 2011 – Tom Strignano Money Management.

Who is Tom Strignano?

Some of you may know him from Forex Confidante (amazing book), HeadFake (great system) or Fibonacci Strike (yes I am always in the trend prior a trend break) Trading Systems.

Furthermore, he is a retired Chief Forex Trader for several International Banks in NYC. He also traded Professionally for over 20 years.

Now, if you google around for Tom Strignano, you will see a lot of conflicting comments. Many people say he is a scam, a failed trader since his signals do not work bla bla bla.

So you may be asking – “Jason why you are promoting a product of this person? Are you becoming like the others promoting junk that I receive emails from them every day?”

That’s a valid question. Now, personally I have a reputation to defend in this blog. I do earn a commission when you buy a product from one of my links, BUT I ALWAYS review the product prior I recommend them to you or during the refund period. If later I discover that the product is not worth it, I do say and write about it. Just read the updates on GPS Forex Robot and Pips 4 Idiots and you will know what I mean.

With that little commission I can keep this blog running. At least I think that with this service I am giving you a service to stay away from crap products, in fact some products that you receive in your mailbox everyday (how many free indicators and free robots have you received lately – is all B.S guys, time wasters) I don’t even write about them here since they are not even worth your time to read about them, imagine myself need to review crap stupid rebranded products from the past! My reviews are always honest based on what I see. I am always on the lookout for quality products, since education in forex is a must.

So why I am saying this?

The point that I want to make is this. There are basically 3 kind of traders –

1) Want to make money and get rich with a click of a button. These people believe all the hype of internet marketers and they buy products after products and after the first loss, they ask for refunds – even if it is a great system like the Forex Morning Trade! Why the fuck you ask for a refund after 1 day of a bad trade? A system can be judged only after a series of trades over a long period of time, and NO SYSTEM is 100% full proof. There will always be a loss or losses, and money management is the key in this case. These people are searching for the Holy Grail which does not exists. These people are complete losers and will never earn a penny in trading.

If you are one of these people, I am sorry for offending you, but what you are looking for will never exists. Just close the browser and go and spend quality time with your family instead of listening to me hoping that I found for you what you have been looking for. Just GO Now. Thanks.

2) Glad you are still reading so it means you are not the type of person pointed out in point 1. In category 2 these are people that may have blown their accounts a number of times and keep switching from system to system. Most of the time these are not disciplined and do not follow the trading rules. They do not take the time to learn a new system, try to build confidence in the system, they do not make the system their own. Eventually they lose money. Even worse, these people may think that they know it all and just unwilling to learn new things.

Even if you give the best trading system in the world to these kind of people, they will still lose money and criticise the system!

3) Third category of people are those type of people that know how to trade. These kind of people maybe are making some money in trading by trading a simple system or two. Maybe there are others that they may not be making any money at all, since they are still learning. But most importantly, these people know that trading is simple in principle but hard to put into practice. They know that discipline, money management, proper education and dedication is the key to be profitable in trading.

They realise that loosing is part of the game, they basically look at it as being the price they pay to make profit. They know that systems must not be complicated, they know that they need to demo trade the system so as they build confidence in it, so when trading with real money and the system is going through some losing streak, they know that profits are just round the corner, and they do not switch to another system! They know this because they have confidence in the system build over a period of time demo trading it.

They also know that in every trade they must have trading plan which is basically made up of conditions for entering the trade, risk management and clear exits points in profit or not. They know what they are going to do in every step of the trade. They do not panic and stick to the rules. They also keep losses small and leave the profits running. They may have several small losing trades, but they know that all they need is just one trade that will for sure recover all the losses and more.

They also know that they will make money in forex, but slowly! They consider trading as a business! They also know that education is the key, and using the strategies top traders use is the key to make money. They are allies with the market makers and they play along with their rules.

The above is the mindset of a profitable trader. Yes it is 4.00am my time in the UK, and it is January 1st, 2011. No I am not drunk and had a nice evening with my family. I have not copied anything of the above, it is just myself, my Word Processor, my keyboard and all the teachings I learnt from Tom Strignano.

I was a proud member of his signal service (release 1) and it was an excellent small community, until the internet marketer ruined everything. I learnt a lot during the webinars. Furthermore. Forex Confidante book written by Tom Strignano, I think I read 10 times. It was hard to read and to digest, but that book thought me how to draw proper trend lines and how to use Fibonacci. I later learnt how to trade with Pivots, thanks again to Tom.

I think that Tom Strignano teachings are not for everyone. Many people that fall in category 1 and 2 above will criticise his work. But if you fall in category 3 than you look at Tom Strignano as your master. You listen everything he has to say and then you need to apply it and try and fit it with your current trading strategies, your trading schedule and your trading personality.

That’s is Tom Strignano. Either you consider him as your master or say that he is a scam.  It all depends how you look at trading based on categories 1,2 and 3.

It is a fact that Money Management is the key in trading. And this book is basically based on Money Management. So if you are keen to learn manual trading, and you are in category 3 then this book is definitely for you. Money management is also the main feature why many robots fail! So even if you are not interested in learning manual trading, learning what is the proper correct money management principles will help you filter most of the garbage EAs that are released in the market every week.

If you are category 1 or 2 person, this book is not for you. DO NOT BUY IT.

This book s only for those that want to become serious traders. Fullstop.

This post is from: Forex EA Honest Reviews on robots, signal services, forex courses and much more!

Tom Strignano Money Management Review

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Welcome to Leo Trader Pro Results page. In here you will find my Demo Test Account (for now) to see how Leo Trader Pro Results EA is doing.

*** UPDATED – 25th February 2011 – Leo Trader Pro Review ****
Refund Requested. Too large stoploss of 320 pips! One bad trade as it happened and all two months profits are lost.

Broker: FinFX (Demo for now)
Update: Every 4 Hours

*** Results are in no way tempered and are published directly from my Meta Trader Account. ***

See Full Page Results Now

For some reason iFrame is not working. http://leotraderpro-review.org is also my site.

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Leo Trader Pro Results

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***** GPS Forex Robot Official Site ***** Click Here ******

***** Updated 28th December 2010 *****
After further analysis as regards to the trades taken by GPS Forex Robot, I decided NOT to buy this robot. Reasons are as follows based on what I have seen in the following statement
http://www.myfxbook.com/members/ForexMark/gps-forex-robot/72193

1) Investor Password Released is a Demo Account. If you can’t trust your robot on a live account, then how can I trust it with my money?

2) If you notice in that statement there is a loss of -$890, which is a little bit less that 10% risk on the $10,000 account which is crazy.

3) Just 2 trades up, there is a trade with 5 lots which is INSANE to say the least. Meaning that in that trade, 50% of the account was risked!

4) There is also some king of Martingale involved.

5) I have asked in their website what is the stoploss and to confirm that there is no martingale involved, but my comment was never approved. I have screen shots of my question being posted and submission confirmation.

6) 98% accuracy basically it means nothing since the remaining 2% are enough to blow your account.

It is a pity Mark ruined his reputation which took him years to built for a quick buck. And yes my comment on Forex peace Army is mine (if it gets approved, I don’t copy paste comments!) I just say the truth!

So this is no go for me, even though it may make money. It is not my style of EAs and probably would have claimed refund from Clickbank which from time to time I am risking not to have anymore

******* original post *****
With the release of Leo Trader Pro, which so far has been a big disaster (see latest post in this blog), this GPS Forex Robot EA has been in a way overshadowed. Personally I forgot about it! But here it is…

The mastermind behind GPS Forex Robot is Mark Larsen, a popular forex trader who has been reviewing and beta testing different systems during the last 6 years. His site contains HUNDREDS of reviews of popular forex systems. Clearly, this guy has not only seen it all, but also tested it all!

Needless to say, Mark has a reputation to defend and I agree with most of his review ratings. Two days ago a webinar was held and you can listen to the interesting webinar by visiting the official website of GPS Forex Robot.

WHAT’S SO SPECIAL ABOUT GPS FOREX ROBOT?
1) The only forex robot that has 1 year live trading proof authenticated by a broker.
2) Rock solid proof: Three Accounts traded and published live on the site: Mt4stats, Myfxbook, Mt4i.
3) Support and supervision of Mark Larsen, popular forex trader, founder of several blogs and review sites. He is well known in the forex community during the last 6 years. He has a reputation to defend!

This is the only forex system that has 1 year (an entire 12 months!) of verified live trading proof!

I will buy the EA later and will post results in here as usual.

This post is from: Forex EA Honest Reviews on robots, signal services, forex courses and much more!

GPS Forex Robot, GPS Forex Robot Review by Mark Larsen

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Hi

*** UPDATED – 23th December 2010 ****
There is a new Leo version out. Download the new version. Who bought the extra pack, like me, it is still crashing on USDJPY pair.



A day after the launch of Leo Trader Pro, many people that bought this EA have encountered a number of problems, including myself.

With all these problems, especially the newbies are already saying that “This is the major scam ever engineered”.  Well I don’t call it a scam yet, since with Clickbank you are totally safe and covered. Whether Leo Trader Pro delivers results or not is yet to be proven, so let’s keep the scam aside for the time being. If it is a scam, I will be the first one to say that Leo Trader Pro sucks, as I normally always do in this blog as well.

Problems
I heard that first people that bought the EA had the download link not working. The download link it is a bit confusing, but now it is working. I use the automate install, which does everything explained in Leo manual.

Crashing
This is the most annoying. To start with, Leo Trader Pro is not an EA, it is a replicator. It listens to some kind of server that receives instructions to open trades etc.

In the MetraTrader Platform, Experts tab you see something like this.

2010.12.21 20:15:01 LeoTraderPro GBPUSD,H1: Connected to master server: 74.119.64.123

For this reason, it seems that the EA does not work just with every tick, but it has some kind of internal mechanisms that listens to any broadcasts received from their master server.

1. This mechanism is what is causing the platform to crash, if the Leo Trader is used like other EA.
2. If you change the time frame, the platform crashes. In fact the timeframe is not needed.
3. Once you attached the EA to a chart, there is no way to open back the expert advisor property window. It will not open. Just close the chart, open the chart and reattach the EA.
4. If you insert the Clickbank receipt wrongly, it gives a lot of weird errors!

The Solution
The solutions is very simple. Follow the following steps, and you will be fine.

1) Install Leo Trader Pro as per instructions Option 1 in the sales page. It is automatic installation.

2) Load the platform and make sure that you can see Leo Trader Pro under the Experts Advisors tab in Gray.

3) Load EUR/USD chart.

4) Drag Leo Trader Pro

5) Expert Window pops up
All you need to set is actually Risk Level.
If you set it to -2, it will risk 2% of your account.
If you set it to 1.0, it will trade with 1 Lot, 0.1 will trade with 0.1 lot etc.
For some reason this is not well explained in the manual, but hope that the above will help you.

6) Make sure to insert the Clickbank receipt code – PROPERLY.

7) Here it the trick – save the above settings as a .set file.

Now with the Leo Trade Pro window settings still open, press the SAVE Button. Give a filename like EUR.set, and PRESS Save. This will create EUR.set file, and you may load it anytime you want.

So this way we have EURUSD chart settled. In few seconds you should see the usual happy face and some colourful bars on the right. This means that Leo Trader Pro is working.

*** UPDATED: Thanks to our friend Thomas, and re-reading Leo Manual, there is NO need to do this step. Just Use EUR/USD chart and Leo should be able to trade both pairs. ***

Repeat the above steps, but now drag GBPUSD, drag the EA, and now change nothing and click the Load Button. Find the file saved before – EUR.set and PRESS LOAD, and then the OK Button.

Again after few seconds, you should see the chart colourful.

Repeat all the steps above, create a new .set file with the right clickbank transaction number if you have purchased the USD/JPY and USD/CHF package like I did. Like above just use 1 chart

Do not mess anymore with the charts of Leo Trader. You may safely add more charts to trade or other EAs. But leave the Leo Trader Charts alone.

This should set Leo Trader Pro. Sometimes, it does keeps crashing. Close the platform, re open and start from scratch.

So far there were no trades, so it is not making any money . I will let you know how it goes. Register to my mailing list as well. I will not and never send junk emails.

Leo-Trader-Platform-Crash-2

This post is from: Forex EA Honest Reviews on robots, signal services, forex courses and much more!

Leo Trader Pro Problems and Crash

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Hi there, a new EA, Leo Trader Pro and this my honest Leo Trader Pro Review…Here we go…

***** Leo Trader Official Site ***** Click Here ******

*** UPDATED – 25th February 2011 – Leo Trader Pro Review ****
Refund Requested. Too large stoploss of 320 pips! One bad trade as it happened and all two months profits are lost.

*** UPDATED – 25th January 2011 – Leo Trader Pro Review ****
A new Leo Trader Pro 1.11 is released and ready for download. This version should solve a number of problems, namely

a) Trade Closed – not found in current trade pool‏ – I HAD THIS PROBLEM YESTERDAY
b) more details to the chart display – specifically relating to proposed lot size, margin requirements, etc.;
c) the reported messages are confusing;

All in all I like Leo and it is becoming more stable. I think I will be putting it live soon.

*** UPDATED – 12th January 2011 – Leo Trader Pro Review ****
A new Leo Trader Pro is released and ready for download. This version should solve a number of problems, namely

a) Platform Crashes. They don’t have anymore the loop.
b) Time zone and time issues
c) We can trade both USD and JPY finally on the same account!

… and a bunch of other things.

Overall Leo is doing well.

*** UPDATED – 23th December 2010 – Leo Trader Pro Review ****
First trades, first results – see our statement results here – Forex Trader Pro Results
No Photoshopping and that shit, direct from my trading account – demo, using the publishing facility of MetaTrader.

leo-trader-pro

*** UPDATED – 15th December 2010 ****
Today an interesting PDF report has been released by the Leo Trader Pro Team. This report is a must read and it is full of information. It reveals the major flaw of current EAs, I mean those EAs that they make money initially and then they start losing money. Furthermore it goes into further details how Leo Trader Pro works and of course why it is superior to all robots released so far.

As I said it is a must read report. With all this I am very excited and waiting anxiously for the release.

*** UPDATED – 12th December 2010 ****
Some important information has been released as follows:

1) Login name and Password for Leo Trader Pro has been made public! This is no joke, and it is the first time ever happened in the forex industry. Now we can confirm with our eyes that the profit claimed by the EA are true!

2) Broker WinFX confirms that the results are authentic.

3) Telephone conversation and letter of confirmation from FixFX CEO that the results are indeed true!

Nothing else to say, this will be the biggest launch in history, and if the EA fails to live its expectations, it will be the biggest scam ever. BUT I AM VERY POSITIVE ON THIS ONE. Click below for more details.

It will be heaven on earth if we eventually one day, will have an EA of quality, that generates money every single day.  We all know by now that for the last two years since the initial release of the first robot, many EAs have been released, but most of them are crap. They do not deliver results, some of them I even call them scams highly engineered by these scammers.

However don’t take me wrong, some do exists (have a take a look at the recommended list on the right) and from time to time something of quality worth your time and money is released – Leo Trader Pro!

This EA caught my attention and I intend to buy it on its release, test it and publish my MetaTrader trades. And this is what I call proper review. I have done this in the past with other robots, so this will be just an additional one.

Leo Trader Pro Review

This new EA will hit the market on the 16th December 2010.  Mark this date!

As opposed to other robots, it’s a system that uses the power of a Neural Network for a powerfully accurate market analysis which leads to accurate trades.

No No No this isn’t B.S. as it was the story line of an EA released recently, which needless to say failed to live up its hype and expectations.

This is the real deal. I have seen the their live accounts, and you will also have the chance to see their live accounts in the coming days since they will be releasing it to the public. Pip by pip proof and updated live, not manufactured by any imaging software.

Results are IMPRESSIVE – TRUST ME

Where are the Creators – Leo Trader Pro Review

Unlike other EA creators and vendors, what I liked most about this EA is that its creators are not hiding behind their computers. They are real people who are proud of what they’re doing and and eventually releasing, and in the event you don’t believe it, take a look at their page for nice interviews with traders who visited the International Traders Expo in Vegas this year.

For those that don’t know, the International Traders Expo is the biggest and most essential event within the trading industry. Leo Trader Pro had a booth there were other traders talked to the creators of Leo Trader Pro.

Watch some of the interviews in the Leo Trader Pro official website.

A Peek to the Impressive Results – Leo Trader Pro Review

It’s being said that this EA based on their Neural Network system made 500% in the past 5 months. This means

• 113% per month
• Amazingly 1% Draw Down – on real accounts

There isn’t a lot information out as out, but as soon as more is released, I will probably be the first to publish here the newest news.

So please register to my mailing list (I only send high quality, worth your time emails) and get one of my greatest trading systems for free!

This post is from: Forex EA Honest Reviews on robots, signal services, forex courses and much more!

Leo Trader Pro Review

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***** Pips 4 Idiots Official Site *****

pips-4-idiots

*** UPDATED – 8th December 2010 – NOT RECOMMENDED ****
As many of the regular readers of this blog know, I don’t write reviews on every EA that is released.  As you for sure know, between 2 – 5 new EAs are released every week.  Most, if not all are scams. They are free EAs rebranded and sold again with a different story line.

I happen to smell scams .  As for this week, another EA was released and the story line was that he was an ex broker, and he will revolutionise the Forex Industry, claiming that his new EA will make you $20,000 a month.  Evaluating his statement, the Ea trades with 1 Lot, hence this EA  makes 2000 pips a month.  1 pip trading with 1 Lot is equivalent to $10.

Speak to any trader, and claim that you make 2000 pips a month with an EA, and he will simply tell you – ‘Fuck Off’.  It is virtually impossible.  And you only make money when the market moves, if the market does not move, you will not make any money.

Anyway, but sometimes, rarely, new stuff are released which are worth your time.  Now I am talking on Pips 4 idiots, an EA to be released next week.

So why this EA caught my attention?

The claims are not exaggerated.  They are more realistic.  The guy is also giving away a free indicator Pips4IdiotIndicator which looks interesting.  I have not tried it yet since the market is closed right now, but will try it tomorrow and see how it works during market hours.

The indicator simple changes the colour of the bars to blue or red, and when it indicates blue, it means Buy, and when it turns Red, it means Sell.  I need to verify if the bars turn red or blue while the bar is still forming or at the end of the bar.  If the indicator signals buy / sell while the bar is still forming, just looking at some charts, the indicator seems profitable.  Will give it a try tomorrow.

Stop loss is only 20 pips which is great!

Forex 4 Idiots EA

There is little information so far on the EA, except that there are some statement and a video showing the trades taken b y the EA.

For sure, a lot more information will be released during this week.

I will keep updating this post when more information becomes available.

This post is from: Forex EA Honest Reviews on robots, signal services, forex courses and much more!

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So, we’ve a new system Forex U Turn from Jason Sweezey endorsed by Vladimir Ribakov just launched.

Jason Sweezey is well known for the incredible system Forex Pip Snager and Vladimir Ribakov is nicely recognized for sRs Pattern Rider and The Forex Signals.

They’re for sure two among the few people that you’re in a position to trust within the foreign exchange company.

Forex U Turn Program – why I am wasting my time writing on it?
For sure you’ve heard the term – your pattern is your friend, so in other words usually open positions in the direction from the sample.

Should you believe about that phrase –‘ your trend is your friend’, you’ll discover 2 questions that needs to be answered.
1) When you’re sure that the trend has started
2) When the trend is going to finish

Those two questions could be asked in just 1 question – Where are we going to possess a pattern reversal? If we are able to predict when we possibly can have a reversal, we are in a position to either

1) Close any trades that we’ve open and reverse
2) Catch the pattern from the beginning

Something else, should you enter a trade in favour from the trend, it might occur that the pattern is about to end and reverse!

So what if we are able to predict with particular accuracy that a pattern is about to start or about to finish?
That’s what Forex U Turn is all about!

It’s manual trading program and is based on Price Action so this program will never gets old and will continue to work forever. That’s what I can say till now so not a lot information have been released so far.
For certain if we are able to predict trends reversals with precision as claimed, than that’s cool. I can already seen how I can integrate it with some of my trading systems that I use, including the 1 that I’m giving away in the event you subscribe to my newsletter – spam free.

I will buy the system on its release and I will give a lot much more info once it’s released.

This post is from: Forex EA Honest Reviews on robots, signal services, forex courses and much more!

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On the 28th Sep 2010 we are going to have a new Forex EA in the market – Forex Crescendo.  This robot is being pushed forward by SureFire Trading Challenge, a well-renowned preferred foreign exchange trading competition organisation board.  So let’s begin with my Forex Crescendo Review.

Forex Crescendo Results

Before I commence with the review, I want to capture your attention first.  These are hard facts and results obtained by the currency trading robot since Feb 2010 as stated by the creators of the robots:

• Amassed over 9581 pips since Feb 2010
• A total of 345 trades have been made
• The winning % is around 77.3% 77.3% meaning 267 wins, 78 losses
• The average profit is around $61 and average loss is around $81.
• The percentage growth is estimated to be around 126.86%

If you’re not impressed with the above figures, then I ask you to leave now.  This is a forex trading bot that’s giving you 126.86% profit in eight months’ time span for just doing nothing! Or well better say, all that you need to do is to test that the robot is running! If it’s not running, it cannot make you any cash.  So if you’re still reading, let’s move on to my truthful Forex Crescendo Review.

Why Forex Crescendo is different from the Crowd:

Andrea Salvatore is the developer of Forex Crescendo and just listening to the video interview that you find in the official site of Forex Crescendo, you understand that he knows what he’s talking about and proves to me that he is a fair guy.  If you’ve ever tried a robot and you were let down ( undoubtedly ), while listening to Andrea, you may for sure understand what he’s talking about as you have experienced it.  If you’re a trader you’ll even better understand his notion of how a currency exchange robot should be.  I recommend that you go and hear the video now.  You may notice that this fellow should be trusted and his foreign exchange EA should be a genuine winner, no doubt.

What you should be expecting from Forex Crescendo?

Though not that many details have been released so far, this is what I heard from pals and from what’s claimed in the interview. Forex Crescendo won’t have the short comings of all of the other EAs in the market.

Read this manuscript where I highlight why most androids fail to supply results.  Listening to Andrea’s interview, I’m able to say that all of the points of why an EA fails have been addressed and sorted.  Forex Crescendo is reliant on mathematics.

Mathematics being the finest language in the entire world since you can not be misinterpreted, this approach to trading is dissimilar and unique from the traditional robots.  Forex Crescendo results are based primarily on correct back tests and forward testing.  Back testing straight with Metatrader is certainly not the way to check an EA because tests are carried out minute by minute instead of tick by tick.

Forward testing is the best testing and Forex Crescendo has been forward tested since February.  Further to the above, it is evident that the developer Andrea was in no rush to release the EA once it has shown some profits like many fastidious sellers do, solely to earn a fast buck.  But again listening to the interview Andrea shows enthusiasm and pride in his EA.  Similarly , Andrea recounted that ‘buying Forex Crescendo, you are purchasing a service and not a robot ‘.  He obviously declared in the video the EA will be updated when the market changes.

Regular profit results are about 10% – 15% every month.  Amazing results done by pro traders.

I’ll be keeping you updated when I have more reports on Forex Crescendo. I am going to purchase this robot, if it includes a refund guarantee and I am going to be posting my very own MetaTrader live leads to this site.

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Hi, Since my last update, I only traded the Morning Trade System twice for the simple reason that I got quite busy with at work and I couldn’t manage to wake up early. Well I lost couple of trades even with my other trading systems.

With my two trades, one trade finished break even and the other I closed the trade at 30 pips profits. Basically I closed the trade at a very strong resistance point (R2 Pivot Point) and that was my target when I opened the trade. The system suggest 40 pip profit, but there is no perfect system – do not search for it. For any system you must use other technical analysis techniques in between.

Notice how the price reversed at S3 Pivot Line. Pivots are well respected strong resistance / support lines so my exists are always at these levels – always. So when I opened the trade I knew that I was targeting for 30 pips instead of 40. Believe it or not, the price hit the S2 line and bounced back pretty fast. This is why I love pivots!

Anyway back to Forex Morning Trade. I did manual back testing since January 11th 2010 and here are the astounding results. I did not checked pivot points here. I just followed the system blindly – meaning obeying the rules with 40 pips profit target, 40 pips stop loss as suggested. I did not even took care of any major news releases which as you should know you need to stay out of the market.

If probably I have followed pivot levels and at least you where aware of any major news releases, probably I would have increased the profit, but I just followed the system rules to the letter like a complete newbie. However I did added a rule and it saved me some pips. When I am 30 pip profit I move my stop loss to break even. There were many trades that reach the 30-35 mark, run out of fuel and rally back. There are also trades that reached the 30 pip mark, reversed, I got stopped out at break even and then shoot up.

But moving the stop loss to break even when you reach 28 – 30 pips, is more safe and proved to save me some
pips. Later I will also tell you how I intend to trade the system live.

Results by following the system rules blindly with the exception that I move the stop loss to break even at 30 pip profit.

January from 11th 2010: 120 pips
February: 160
March: 280
April: 120
May: 80
June: 440
July: 160
August: 240

Total Pips: 1600 – AWESOME

The results where in no way manipulated. If I remember correctly but I stand to be corrected, April / May was when Europe was under spotlight with Greece serious financial crises. The system still came out in profit!

As you can see it is an awesome simple system with good results. Just try it since you have nothing to lose but gain $$$ instead.

How I intend to trade the system.
1) Follow system rules for entry
2) Open two trades of lets say 0.5 and 0.5 each or 1 lot if your broker supports scaling out – the lot size depends on your money management. Do not risk more than 2% per trade!
3) At 30 pips profit,
a. Close 1 trade at 30 pip profit or scale out half of your position if your broken supports scaling
b. For the remaining trade or the remaining half of the trade, move stop loss to breakeven
c. Also set a trailing stop of 35 pips on the the remaining trade or the remaining half of the trade

For point (3c) either use trailing stop or use pivot levels for your exist. This depends on your personal choice and your trading experience.

Some tips that may help you.
If the price is at S3 or R3 or near any of these pivot levels, do not use trailing stops but just close the whole trade at 30 pip profit or at S3 or R3 levels. The probability is that the price will reverse at S3 or R3 so you will lose your profit.

Do not just aim for 30 – 40 pips blindly although the system is profitable just the same. But I am sure that using some technical analysis knowledge you will increase the profit. So always stay on the look out for strong resistance / support lines like the daily trend lines, pivot points or anything you are familiar with.

Again do not enter a trade if you are close to strong resistance / support points. You know that price may reverse at these levels and this is a known fact in forex trading. It is the law so to speak that you do not enter a trade when a strong resistance / support is near. No trading system is above this law, so just stay out of the trade or instead take the reversal!

Also do not trade when major news releases that will affect the currency pair you are trading are due to be released that day or even at the time you are trading the system! Just remain asleep, it is not worth the risk.

HAPPY TRADING. Feel free to leave a comment if you need any help.

This post is from: Forex EA Honest Reviews on robots, signal services, forex courses and much more!

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Follow this link since I have a new post on results – Forex Morning Trade. Awesome Results.

Also with the system an EA is being given!

I just came across a manual trading system – Forex Morning Trading System and to be honest with you I am in love with such systems. Why? Let me tell you why.

Large moves happen in the morning – Europe
This is a well know fact that when Europe is waking up, large moves happen nearly every morning in the market namely in the GBP currency. Why? London is the largest trading exchange in Europe, but apart from London, there are also other strong economic countries like Germany and Switzerland. These start their working day in just around the same time (1 hour difference) so large financial institutions like banks, government, fund managers and large corporations effect their required transactions during this time. A lot more happens but this is just to give you an idea.

Furthermore, just before Europe wakes up the market is pretty slow since only Tokyo and Sydney are trading. During this time, volume is low since Europe is sleeping while the US market is about to close when Sydney opens its market. When Tokyo opens, the US is preparing to sleep and Europe is fast asleep.

So what happens is when Europe wakes up, it is like there is a spike in the market. Look at some of the following charts and see what I mean. You may also open your trading platform and see for yourself.

Forex-Morning-Trade

Forex-Morning-Trade

Notice how the price was slow during the night and then started to move strongly. The candles marked with the Purple Line is the 9.00AM Alpari UK Broker Time

How about we try and capture some profits during this time? In fact there are a number of trading strategies based on what I have just described. In fact I use one myself every single day, or when I manage to wake up so to speak.

False Moves
So we know the idea but the question is – in which direction will the market go? Up or Down or Sideways? Yes we make money if the market moves up or down. If it is going to stay sideways we will not make any money and we need to stay away, hence no trade.

And this is why there are a lot of trading systems based on this fundamental idea – the London Market. All try to find an accurate way of predicting where the market will go.

I have read a number of strategies and most of them are successful in the long run, and they will remain successful because we know why the markets behave this way. As long as Tokyo / Sydney do not change their trading time, these systems will remain profitable no doubt. Will Sydney / Tokyo change their trading time? No way if they don’t decide to trade during the night!

So, the key is to predict the direction of the market for at least the next few hours. There will be many false moves, you think that the market will go that way, it will go that way for 20 pips and then it changes direction in no time. This is where most systems fail.

Fake-Move

Notice how the price goes down and then moves up strongly for the rest of the day. The candle marked with the Purple Line is the 9.00AM Alpari UK Broker Time

Forex Morning Trade System
Yes I purchased the system as soon as it went out for sale, just a few hours ago. I am always intrigued about the way how the system triggers the entry signal to take the trade – that is how the system predicts to buy, sell or just stay away for today. Sometimes I ask for a refund just few minutes later. If the system is based on channels, trend lines or anything similar, these system gives you a lot of false moves.
By Forex Morning Trade I got impressed – honestly. It is a totally different approach. Where most systems are based on the 7.00AM – 9.00AM time period, this one is slightly different and it also used two indicators which I never thought of using.

Back Testing the System
I read through the manual, understood the system (it is quite easy to understand) and what’s next? Simply do some back testing! I opened my trading platform and tested the system through August 2010 which it wasn’t a good month to trade anyway.

The system came out with 160 pips profit as of today.

I didn’t try July because the results are in the book from 12th July to 23rd July, illustrated with chart proofs so you can confirm with your trading platform. I never saw this in any book that I have purchased. But in this book that comes with the system which is well written and well explained with ample examples and screen shots, you can compare and hence back test the system yourself.

The book explains why the trade was taken or not taken by explaining the system rules accordingly.
In this period (12th July to 23rd July) the system earned 200 pips from 10 trades. In fact it lost only one trade. 200 pips in 11 days is quite good indeed!

The system also survived the difficult month of August with a profit so far of 160 pips.

An indicator which tells you what to do!
The system is easy to implement, however that’s not all. The system also comes with an indicator that simply tells you when to Buy, Sell or Stay Out. So all you need to do is simply be on your computer at the right time explained in the system, see what the indicator is telling you and enter the trade.

Then set the recommended Stop losses and Profit Targets and you may as well go back to sleep or go to work.
It is that simple – trust me

Risk to Reward Ratio
Unlike many trading systems with large stop loss and small profit targets, the system comes in with 1 : 1 reward ratio. From the few testing which I have carried out, it proved to have a strike rate of over 75%. so it is definitely a winning system.

What’s in the System
The system comes with
• A free indicator which tells you Buy / Sell or Stay Out. Then you just enter the trade!
• MetaTrader 4 Template, just load into your platform and your indicators are set up.
If you use any other platform, just use the other two indicators listed in the manual and plug them into your trading platform.
• The manual well laid out and well written explains clearly the trading system with clear cut examples with dates so you can compare them to your trading platform charts.
• There is also a 60 days money back guarantee, so do not worry on refunds.

Highly Recommended
From my observation which is not mentioned in the book, I would highly recommend to stay away from the market when there are major trading news on the GBP. In fact in August two trades went bad because there where major news releases happening in the morning. If I was trading live, it would have been a no trade day for me.

Having said all this, I would highly recommend you buy the system and test it yourself.

This post is from: Forex EA Honest Reviews on robots, signal services, forex courses and much more!

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I don’t really recommend anymore robots except for Megadroid but this new one Forex Supersonic caught my attention. It was released today and two things caught my attention.

1) I use a similar Trading System
It is based on German / London Breakout strategy even though it is not mentioned in the video. It is a well known fact that during 0am and 6am GMT (hence Europe night) things are quite because only Tokyo and Sydney markets are open. European at that time are sleeping, and Americans are about to sleep. So movement is very little. At 6am GMT people start waking up, 7am GMT German market opens and 1 hour later the monster London Market opens. When these two markets opens, you can expect huge moves up or down from the range traded in Tokyo / Sydney sessions.

There are many trading strategies based on these breakouts, and I use one myself based on pivots. The creator of Forex Supersonic released last week the trading strategy this new EA is based on, in other words how you can trade the system manually without the EA. The system is based on EMA and it is very interesting how some bad trades are filtered to reduce losses.

I make consistent money with my trading system based on pivots, and this one is very close. It doesn’t mean that I don’t have loosing trades, but at the end of the month I am always in profit.

Something else to add, avoid trading when major news will be released on that day that effect the GBP – the sterling.

2) Good Risk to Reward Ratio
This EA has a good risk to reward ratio. Stop loss is 15 pips and is very common to have such stop loss in trading systems based on the London breakout. Mine is actually 15 – 25 pips. Profit Target for the EA are set to 22 pips and a second trade for 75 pips. So the EA actually open two trades, where one is closed for 22 pips profit and the other is closed at 75 pip profit target.

You may argue that 15 pips is too tight for a stop loss where we normally use 35 pips. But remember that this is slightly different since we are trading a breakout for a tight range that was traded during the night. In the morning major companies, governments, banks etc. Will trade the currency so we should expect a move from the tight range. So it either moves in the direction that it has broken the range or nothing. So we don’t need a huge stop loss.

22 pips is a decent profit target. 75 pips I believe it is a bit too far, even though 100 [pip moves are frequent. There may be pivots in between, or strong resistance / support points so the 75 pip mark may not be reached every day. But you always close the trade myself.

So all in all the risk to reward ratio very good, the first robot I know with a valid risk to reward ratio.

Conclusion
This Ea is worth a try due to the above reasons and as I said I use my own trading system using pivots to trade ( when I manage to wake up) the London market, and it is very close to this. Still if it does not work just ask for a refund since it is sold from Clickbank which is quite reliable for handling refunds.

This post is from: Forex EA Honest Reviews on robots, signal services, forex courses and much more!

Forex Supersonic why it is worth

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Finally he is back, top trader Tom Strignano and now he joined forces with another forex guru Vladimir Ribakov.
Why I am so excited? I am indeed. Why?

Let me tell you why. You can be one of the following 3 people, if you are reading this post:
1) You are new to forex
2) You tried some robots, got disappointed or scammed, and realised that manual trading is the way to go
3) You know that robots do not work and want to learn how to trade property.

Now when I started in Forex Trading, I too got excited about robots even though (myself being software architect, I knew at the back of my mind that $99 robot can’t make you rich) I believed that at least I can pay at least the bills. I got disappointed many times, requested refunds every time, shattering my dreams at the same time.
Way too soon, I realised that making money in the markets is not that easy! That’s the reality indeed. I believed all the hype about trading systems and the way they were marketed by scrupulous internet marketers. I also bought $2000 learning course with 3 systems marketed to be profitable systems, again the systems failed.
In the meantime, I kept learning more and more and the more I learnt, the more I realised that it is possible to make money in the market if you have the following 3 things in place:
1) A box of successful trading strategies, profitable in the long run
2) Effective Money Management Technique
3) The correct mindset to trade – you should be able to control your emotions as regards to fear and greed and of course be disciplined (point 2)!
Experience and feel of the market do come into play, but the above are imperative.
I lacked skill. At that time I always thought that I need one profitable trading system and just apply it! I was deadly wrong. I was not able to interpret what the chart was telling me, so I was just applying my trading system blindly and hope that it goes in favour of me.
Luckily then, I came to know about Tom Strignano Signal Service (the old service) and that changed completely my way of trading – the blind way of trading.

Here is the way to look at a trade:
Once you identify an entry point for your trading system, first thing to do is to find a good point to place your stop loss. Too tight to your entry point, you may be stopped out soon. Too far away means you are risking a lot. So you need to find older resistance support / resistance lines, or just below / above trend lines, pivot points or TRN levels (more on these later). Furthermore I need to have a feasible risk to reward ratio. I will risk 30 pips to potentially earn 30, 60 or 90. There are many systems with 75 pips stop loss to earn 10 or 20 pips! Complete none sense.

After that, depending on our stop loss, we need to calculate the appropriate trading lot size (money management!) and then we need to find exit points. When are we going to exit the trade? Mind you, a profit of 10 pips when the trade went up by another 50 pips, that’s also lost money since you could have gained at least another 30-40 pips. So when are we going to exit? Again we try and go near support / resistance lines, or trend lines, pivot points or TRN levels or a head take has formed near a resistance points. Recommended approach is to have at least 1 profit target, once you reached that you close half of your position and then apply a trailing stop and let profit s run! This is where you make the real money!
If you are not understanding anything of the above, apologies, but that’s the real trading guys. Forget the bullshit you read outside – you may argue that this is also bullshit, but this is real trading. This is what top gurus and successful traders use day in day out to make money every day in the markets (if the market moves!).

I learnt the above and much more simply from Tom Strignano.

Something else, forex is a game of numbers and you have different levels of players. Some people think that the currency pair will go up, while at the same time, others will think that the market will go down. So money is exchanged and depending on the buying or selling pressure the market moves up or down. And who are the players? There are us with maybe $1000, $5000, $10000 accounts, then there are others with larger accounts (experienced successful traders) and of course there are the chief traders, large institutions, fund managers, brokers and banks!
Who moves the market up and down? Banks and there alleys! Do you think banks have a $1000 account? And these guys are after your money the end of the day! This is one way for them to make money! So you have two options – you either be an alley with the banks and their friends or be on your own with your little trading system borrowed from a friend, or from a forum trying to make some pips a day. Even worse with a robot! Where would you prefer to be? With the banks of course! But how can I become their alley? Simple – trade the way they trade! Yea – how? Join Strignano Vladimer signal service and learn how to trade like a pro, and be an alley with the banks during the daily war that happens every day in the forex market!

So again, why I am excited that Tom is again re launching his signal service?
1) I learnt a lot while I was a happy customer of his old signal service. I learnt how to look at the market from a different perspective – the way I explained briefly above – re read again if needs be! That’s how you can make money!
2) I learnt an amazing set of strategies to properly identify entry / exit points.
3) I learnt how to use Pivot Points – used by Banks and their alleys daily!
4) I learnt how NOT to use lagging indicators like MACD, Average True Range etc that tell me what happened in the past – I want to know the future – Pivot Points and TRNs! I want to know where the market is probably to turn around and not where it turned around! Why? So I know where to place my profit targets and I get more pips in my trade!
And lots more…
Notice that I only mentioned LEARN! There was twice a week webminars teaching you how to trade like a pro. I am not a pro, mind you, but I learnt a lot and lot. And eager to learn more – this is why I am so excited that it is going to open again.

So what about signals etc.? Tom Signals are great and profitable if you follow the rules by the letter. However you need to be flexible enough to change strategy if the market has changed in the mean time – you need to learn how to properly manage the trade! And you need to watch and manage the trade as it is developing. It is more of an intra day trading strategies based most of the time on trend line breakouts. So once a signal is out – you need to have the time and manage the trade because you will have 6 profit targets, stop loss and market exhaustion point. Looks complicated? Is not believe me. But you will also learn how to trade within channels, within trend lines and other amazing systems like the head take system, and the magic lines – TRNs!

TRNs
So ever wondered why the market was moving up fast – and for some reason it turned around? Most probably because it has hit a TRN level! These are propriety levels developed by Tom himself during his career and these levels are used by the banks and their alleys. Trust me-these are very very accurate. I saw trades where the price hits exactly the TRN level to the pip and turned around straight away. Most of the times, it hits the TRN, tries to break through the TRN, and turns again around. Or you will feel that the TRN is not going to hold hence the trend is going to continue hence you will trade against the TRN in this case. You will learn how to trade these powerful levels when you join the service. I only used to trade these TRNs while I was a member because with my full time job I can’t watch the market all the time. So I used to trade only TRNs and was very very very successful. This is why I am happy that Tom is re launching the service – my lovely TRNs are back!
So look how all this makes sense. If you have a trading strategy and at this point in time a trading setup has formed to go long (buy). If you know nothing of the above, you will just buy the currency blindly. BUT if you know All the above and you know how to read the charts, and how to look for resistance / support lines, how to draw proper trend lines, know where Pivot Points are (mind you, pivot points supplied by Tom part of the service are more accurate than the once you find for free on the internet), a head take has formed or you are close to the TRN, will you buy the currency? You will probably wait to see what will be the price action at any of the levels mentioned above. If the price is near the TRN, I will probably go short instead (sell) and if a Head Take has formed I WILL definitely go short while you are long! And then you wondered why a perfect trade setup has not worked out! I knew about the TRN Level – so I had this insider information since I am an alley of the banks and I am after your money. So become my alley too – join now!
From what I saw in the video, it seems Vladimir system is long term strategy and hence it is ideal for those people like me that do not have the time during the day to stay in front of the computer all day long. And this is a big plus too! He seems a nice guy too.

So you may ask -since I traded only TRNs I stopped trading? To be honest yes. First I was busy and couldn’t follow the market – and I am very stupid since Eur has really weakened since January! BUT the same principles I learnt from Tom, I have successfully applied them in the stock market and was very successful indeed – following major shares, not the penny shares just to be accurate like Apple, HSBC, Barclays and similar shares. The stock market moves so slow compared to forex market and gives me enough time to review the charts daily. But since now TRNs are back I will be back to the forex market!

Phew, this article came to long. I do recommend Strignano Vladimir. It looks even better now. BUT this is not a quick rich systems. You need to learn, you need to have the commitment to learn since trading is not easy as 99% of internet marketers claim to be. It is very hard and you need to be on their side. Being with Strignano and Vladimir puts you at edge over the other traders!

Trust me.

This post is from: Forex EA Honest Reviews on robots, signal services, forex courses and much more!

Strignano Vladimir Signal Service

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Fibonacci Strike System - Amazing

More and more I get involved into manual trading, the more I convince myself that EAs will not make you $1, except for Robominer, but that EA is completely different from the rest.

Trading with Pivot Points / Fibonacci Levels / Trend Lines and with no other lagging indicators is the way to go in trading – no doubt. And if you are part of the Tom Strignano Signal Service you also have the powerful, incredible TRN levels.

Tom just released another video where he gives a great tip about core positioning. From the video you can also see how this system can be applied to pivot levels. This is part of the Sette Ponte system he will be releasing soon, but even if you don’t buy the system, you can’t stay away from this cool tip.

This post is from: Forex EA Honest Reviews on robots, signal services, forex courses and much more!

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Fibonacci Strike System - Amazing

I have purchased Fibonacci Strike (I think I was in the first 10 people) and I am really pleased with it, to be honest much more than the Head Fake System. Yes I purchase most of Tom Strignano Systems, if they are reasonably priced. Why? Because he teaches you how to trade properly based on purely price action. Even better, you will be in the trend prior the trend has started! Isn’t it cool? While your RSI or MCAD or Moving Average is signaling you to get in the trade, with Tom’s system especially the Fibonacci Strike system, I will be already 50 pips up, probably already have scaled out something of the trade locking in profits, and moved my stoploss to breakeven – thus I will lose nothing if the market reverses. You are still entering the trade with all the risk involved!

I am still about to start Module 5 of the course, but from what I have seen so far, I have already realized how potential this system is. I only trade trend lines breakouts and trend lines triangles and this system is an incredible way of entering a trade prior the trend line breakout. Also the system is incredibly powerful for trading within the triangle. I am sure that by tomorrow the system will be sold out. Only 300 spots were initially available. Apart from the amazing Fibonacci Strike system, you will also be getting the following super incredible bonuses.

• Two Webminars with Q and A
• 6 Months of Tom’s Magazine
• Email and Phone Support – Yes trust me, you can call Tom
• Head Fake System which was sold for $497 few months ago

Please note that this is not a beginners system. Tom’s assumes that you know what are trend lines and their importance in trading, how to draw trend lines and how to find support / resistance points. All that information though is available in his excellent book – Forex Confidante. So if you are a beginner there is a bit of learning to do so as you understand Fibonacci Strike completely. I still urge you to buy the system, learn everything that there is in Forex Confidante, and then come back to Fibonacci Strike later. Today may be the last day Fibonacci Strike is on sale, so if you are serious to become a professional trader and learn trading the right way from the master, then invest in your future and act now.

This post is from: Forex EA Honest Reviews on robots, signal services, forex courses and much more!

Tom Strignano Fibonacci Strike System – Amazing

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The king Tom Strignano is going to release on the 9th February 2010 another system – the Fibonacci Strike. I am a loyal student of Tom, where I am an active member of his Signal Service, his excellent Head Take system (released and sold out few months ago) and also the best ever forex book: Forex Confidante.

He is a real trader and speaks straight with no hype. He sells you real profitable systems (if you put your effort to put them into practice) and for sure he does not sell you dreams like many others do. So he is one of the few guys on the internet that you can trust and learn how to trade like a professional. He is the real deal. He focuses solely on price action / pivot point levels and of course trend lines with Support / Resistance Levels. His systems do not use any lagging indicators (like MCADs, RSI etc) and his systems all have a great risk to reward ratio.

The Fibonacci Strike seems to be a great additional tool for traders who trade mostly trend lines. In his Fibonacci Strike site, there is a free video where he reveals a FREE simple system to use with trend lines. I urge you to go have a look now. There is nothing better than learning for free, isn’t it?

I applied that technique already to another trading system that I use. Its cool.

So what Fibonacci Strike is all about? In this valuable course you will learn how to

 Discover how to determine Buy levels like a Pro in the “Forex Triangle”…

 Easily recognize Sell Levels with one little trick…

 Determine your Stop Loss for Buy and Sells Using the Fibonacci Strike…

 Simple spots to get in the trade before the Support & Resistance breaks by using the power of the Fibonacci Strike….

 And finally you will learn core position trading and money management.

Core Positioning and Money Management are extremely important skills / techniques (call them whatever you want) to master if you want to become a professional trader.

OK, so if you know what trend lines are and why they are used in trading and what Forex Triangle is, then you already have realized the importance of this system. This system for sure will give you an edge and will save you pips or will make you more pips – hence money!

I will launching a new blog – Learn To Trade Forex FREE, where here I will discussing manual trading systems, technical analysis and everything related to trading – FREE. I got fed up of all the crap on the internet, so I decided to put this up for all of us to learn together. No more robots, they do not work. I am still putting it up together, so come back if it is not online yet

if you want to know more about trend lines and pivot points, follow the link and I will send you a 10 page report that I have just written about trend lines trading and pivot point trading. It is my report with quality content not a free report stolen from somewhere else.

See you on the other blog.

This post is from: Forex EA Honest Reviews on robots, signal services, forex courses and much more!

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I have requested refund of this crap robot – Forex Decimator.

In our demo account, as you can see in our statement page – Forex Decimator Statement, the robot made a loss of -$351.09, leaving the account balance to $197.49 from $500 startup demo account.

the robot failed miserably to meet its expectation.

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Well, we all know that crap robots are out every week, and most of them come from the same internet marketers that have no clue what Forex Trading is.

What I was wondering lately is – why these scrupulous people keep on releasing useless robots every week? Of course to earn easy money. But on the other hand, people who bought the robots, will test it, see that it does not work and ask for a refund.

So apparently there are so many dumb people that do not ask for refunds! Since if all people that have purchased the useless robot claim for refund, the internet marketer will loose money.

What’s your view on this? Why so many dumb people around then?

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Do ALL people claim refunds on EAs?

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Yesterday night it was the second night ThunderBolt EA that was running on my Live Account that I use for my manual trading.

Basically we had 9 Trades, 8 Successful Trades, 1 Minor Loss.

Total Profit of $78.34.

Loss was of -$0.90. I won’t grumble with that

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Another robot that failed the trial is Forex Decimator. I decided not to trial / test these shit of EAs anymore since at the end of the day you can easy tell from there sales page that they are talking bullshit. I am so stupid enough to buy and test them with the aim to help people like you not to get scammed with the crap these scrupulous internet marketers are selling.

The problem is that I may get now banned from Clickbank due to these bastards Yes I am a bit angry – sorry.

I am writing a small ebook of what to look for at these crap sales pages of these rubbish robots so as it will help you stay away from them.

But ForexEAs will continue of course…Why? Since we will be trailing / testing other robots / services which are normally more expensive and with more probability of success. These robots are not usually reviewed anywhere else for the simple reason that they are expensive to buy.

Some people are short sighted in the sense that their reasoning simply falls within this line – “Its $500, too expensive, or its $400 a month too expensive.” What they don’t realize is that the probability of this robot working is much higher, and if I pay $400 service / robots and returns at least 500 pips a month, thats basically a goldmine! But people think that a $99 will make them millions – it is just a dream.

Anyway, keep following my quest to find robots / service that work and are honest!

Good Trading

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Yesterday it traded two trades for a profit of $14.20.  Two trades were with 0.2 and 0.3 respectively.

Forex Bling Thunderbolt EA went Live

Keep Following

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My Podcast Alley feed! {pca-68b5dad4aec44f312ef87e11e071ef88}

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Tom Strignano Forex Signals - RECOMMENDED

The romour has been going on between the circle of the already existing members of this profitable service, and some of them also asked to close the doors for new members. Of course this is quite natural, since if you own something precious you do not want others to have it. This also applies to this service. People are making pips after pips so they don’t want others to be like them. This is the nature of the human beings.

How do I know? I am a proud member of Strignano Forex Signal Service, and I feel very lucky that I came to know this service by luck. Of course I have locked the current cheap price and you can do so too if you click on the link below.

My Own Experience
To be honest I am not making full use yet of the service, since I am endorsed with quite some bad habits that I got during all my trading life. And its very hard to get rid of these bad habits and replace them with the new successful strategies that you learn from Tom Stragnano Signal Service. Basically I lack discipline, I don’t stick to the system rules! If I have sticked to the rules of just 1 system out of 3 that you get when you enroll to the trade signal service, I could have done around 470 pips last week only. This week I am determined to stick to the rules and I will post my trades at the end of this week.

Tom Stragnano Expert Advisor
Another ‘funny’ thing is that Tom is releasing a robot, an expert advisor just only for the members like you if you join today. When I heard about this robot in the members area, I couldn’t believe it – especially knowing what bad robots can do your account. During a webminar some details about the robot were also given so I said – “WOW this is true – a Tom Stragnano Robot”. They also mentioned the amount of pips the robot managed to profit in 1 month – and I won’t say it since you will not believe it. The robot basically applies the most profitable yet simple trading systems Tom uses every single day.

In fact a profitable trading system should be KISS – Keep It Stupid Simple. In fact Codex System (TM) found in Forex_Confidante, yet it is a very simple system to apply, and being a software architect myself, it is very easy to be implemented. Yet 2 other system you find in the Strignano Forex Signal Service, are very straight forward systems, but delivers pips daily! So yes I believe in this robot!

See the email below sent by Tom, confirming the price increase and the robot. You should be stupid not to take the chance now and join the service. At the end of the day you have a 1 month trial – you get your money back!

Hey,

As your trusted friend and forex expert I wanted to
let you grab a real chance at making a killing in this
market and help you stop buying crap and losing cash…

You see everyone who’s a member of our signals
service is up by huge amounts…We have newbies
who are averaging insane gains of 800 pips a week.

The support and training crushes any other service out
there because we actually care about your success.

—————————————————
THE BIG ANNOUNCEMENT
—————————————————

With the signals and our support you will surely be
seeing incredible gains, and that’s why we can charge
what we do, but we really should charge 10x more.

And we’re thinking about raising our prices soon because
in about one more week all packages will include access
to an EA that trades 24/7 like I do…It’s unbelievable…

I never thought it could be done, but with the help
of an ex-NASA computer scientist who now trades
forex, I guess it really is as close to me trading for you
as can be possible…

It’s averaging some unbelievable numbers and will
only get better, and all members will have access to
it, if they don’t want to learn forex or follow the signals
this will trade for you 24 hours a day.

So, if you are interested, I wanted to ask you to join today
because we may very well be raising our prices as soon as we
announce this EA officially to the rest of the world.

Our prices may as much as double or more…

So if you want to see what it looks like on the inside
with a community of like minded traders all happy
and making lots of money trading together under the
mentorship of an ex-chief bank trader (myself) and
a team of incredible programmers lead by an ex NASA
genius and of course the amazing Carlos who is
an expert at helping you with the signals…

This post is from: Forex EA Honest Reviews on robots, signal services, forex courses and much more!

Strignano Forex Signal Service Price Going Up Soon

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Fractals 4 - Proven Robot and is FREE if you order now.

Another robot that comes with Forex_Bling is Fractals EA and this is given for FREE.

Last week I was lazy to set up the Fractals EA, but I have setup everything just now. I have also increased the lots from 0.01 to 0.1. I still need to see how money management works with Forex Bling, I mean there are some recommended settings within the manuals and I need to look at them carefully. The numbers I have seen were 1%, 1.5% and 2% and these complies with proper forex trading account management rules. I know that Forex Bling is different from other robots!  I HIGHLY RECOMMEND this robot, and you can test it form 60 days.

This is taken from the product page:

Fractals-4 EA is a Combined High Volatility Breakout Trading and Low Volatility Breakout Trading System.

Many people believe that the markets are random. They believe, like Burton G. Malkiel in his book A Random Walk Down Wall Street that throwing darts at a dartboard is likely to yield results similar to those achieved by a fund manager.

We do not subscibe to such an idea, but truly advocate the idea that focused attention to the market and rigorous analytical activity will yield solid predictions. High Volatility breakout trading systems are based on the premise that if the market moves a certain percentage from a previous price level, the odds favor some continuation of the move. This continuation might only last one day, or go just a little bit beyond the original entry price, but this is still enough of a profit to play for. A trader must be satisfied with whatever the market is willing to give

Low Volatility Breakout is a trading style specializing in taking profits on small price changes, generally soon after a trade has been entered and has become
profitable in a Low Volatility market. It requires a trader to have a strict exit strategy because one large loss could eliminate the many small gains that the trader has worked to obtain. Having the right tools such as a live feed, a directaccess broker and the stamina to place many trades is required for this strategy to be successful.

Good Trading

This post is from: Forex EA Honest Reviews on robots, signal services, forex courses and much more!

Forex Bling – Fractals Set Up

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A Must Have System - Recommended

Hi Guys

Few months I have bought Forex Confidante, a solid forex course written by the king of Forex Tom Strignano, yes the same guy offering the successful Strignano Forex Signal Service.

When I bought the book, I simply went through it – lazy me. Although you don’t need to be genious, I immediately realised that whatever I was reading, it was serious stuff coming from an experience trader. This is why I did not claimed the refund. The book is not an easy read, and back then I did not had the time to go through it seriously.

Two weeks ago, I decided to read seriously the book and try to apply the Codex System in a test account, since I believe it is a very poweful system.

Book Contents
The book thus explain some basic things on Forex, but if you are a complete newbie, this book is NOT for you. For a complete newbie, I recommend Forex Nitty Gritty. There is also a basic system there which is profitable – See details here.

The main important contents of the book are basically the following

• Trend Lines
• Fibonacci Price Projection
• W.D. Gann Indicator
• … and last but not least Codex System

Trend Lines
This section of the book explains how to draw properly trend lines which are an important part for the Codex System. Get these wrong and your projections will be wrong.

Fibonacci Price Projection
This area of the book explains how to calculate Fibonacci Price Projections, and with this you have a clear indication where the price may go. Further to the standard Fibonacci Numbers there are also TWO Proprietary Numbers derived by Tom himself from his long trading experience, and I noticed that truly at this levels, there is always some kind of reactions. Tom clearly explains with charts how to calculate these values. You will find 2 or 3 complete step by step mathematical workings. There is no rocket science mathematics, is just the basic + – x and division. So don’t get afraid, but it may get heavy for some readers. Please don’t ask me what are these Tom Fib. Numbers since I can’t tell you.

W.D. Gann Indicator
This is a basic calculation of how to use this indicator, so as you have an indication where the price may go. This is an important point for Codex System.

Codex System
Ultimately you will find the Codex System explained, that make use of all the above. Once you understand all the above, the codex system is very simple – extremely simple. According to Tom, this exact system is used by major banks every single day. The nicest thing about the system is that you don’t need to stay glued to the monitor, just follow the rules outlined in the book, set your stoplosses, take profits according to the Fibonacci Price Projections and thats it. Of course you need to monitor the trade, at least when the trade reaches the + or – 33 PIPs, because there is an important step to do at that stage. Then let the trade ride.

Again there are 5 examples, and also videos of how to take these trades.

I will be testing the system for the whole next week ( already tested it for 3 days and it was profitable ) and you can see the results here. Then it is up to you to purchase it, but fromm the results  I have seen, it is highly recommended.

Final Thoughts
As I said, the book is not an easy read. There are a lot of calculations in the book and charts illustrations, and it is important to understand this mathematics. But as I said, there is nothing complicated that you have not learned at school!

At the end I think this system, ultimately delivers long term results. We will see how it goes during our official trial next week.

This post is from: Forex EA Honest Reviews on robots, signal services, forex courses and much more!

Forex Confidante

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I was browsing a forum and found this interesting post…

Basically an MT4 developer is willing to create robots for $50.  Yes thats how much a robot cost.  Thats how much these crap $99 robots costs to its creator, who is simply after your money.   Those kind of robots that show fake results and modified back tests as I have already said this thing in the Forex Bling Review here.

Of course  not all robots cost $50, the few once that delivers results will cost more.  Furthermore I am not at all blaming the robots developers since he will do what the scrupulous affiliate marketer ask him to do.

See Link Below:

http://exchangemoneyforum.com/showthread.php?t=26139

This post is from: Forex EA Honest Reviews on robots, signal services, forex courses and much more!

How Much Crap Robots Cost to the Creator?

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As suspected as soon as the market change – yes market wave pattern change, these $99 robots start failing miserably.

Forex Decimator latest trades were very bad, and 1/3 of the account is wiped out.  Now the account stand at $381.63.  A some point the accout stood at $650, basically loosing almost $300.

There is still time to claim my refund, but things do not look good at all.

This post is from: Forex EA Honest Reviews on robots, signal services, forex courses and much more!

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Forex Bling - Could be the BEST Robot Ever. TRY IT FOR FREE

So after a bad start, apparently a glitch in ThunderBolt EA with some brokers, the Forex_Bling robots seems that now they have settled down and are recovering the initial big loss.

As I said in my previous post, there was something wrong in ThunderBolt EA since it was trading outside normal scalping hours and scalping is not meant to be done during busy market hours. ThunderBolt EA was trading all day Of course it suffered huge losses!!

Forex Bling Creators Prompt Robot Fix
This is the email received about the update. Prompt update of the robot! This is why you pay monthly fee, which you normally get in 1 day of trading! Have you ever got an update of 99$ crap dollar robot so fast? Fap Turbo … yes released couple of versions, which made the robot worse? IVYBot…update came 5 weeks later, and again made the robot worse, it was already worse, then it got even worse?

This is why I have high hopes in this robot – Forex Bling. I would recommend to go and get your copy now.

Anyway this is the email…

Dear Forex Bling Members,

Some members report the Thunderbolt EA trades more than our forward account.

The problem exist at some broker (only at demo account) and we already foudn what the cause of this.
We also add additional information at the screen, so you will know if the Thunderbolt EA running at the correct time.

- At attachment of this is email you will find thunderbolt-909B.ex4
- Replace your Thunderbolt EA (thunderbolt-909.ex4) with the new one (thunderbolt-909B.ex4).

Or you can download the entire package from our Member area.
Our Member Area locate at:

Http:///www.forexhope.com

If you have not receive your login details, please use Forgot Password function.

The correct trading time:
=> Thunderbolt EA trades for 2 hours/day as soon as New York market closed.

Example:
- New York’s market right now close at 20:00 (GMT)

For more information when New York market close, go to this link:

http://fxtradeinfocenter.oanda.com/market_news/fxmarkethours/

This is the example how to set Broker_OffsetHour at Alpari Broker:

- The New York market close at Alpari server time, at: 22:00 (2 hours ahead GMT).

So I set: Broker_OffsetHour = 2

We also have add some FAQ:

1. Where is the URL address from ForexHope to track the forward Performance for each of Forex Bling Expert Advisor.

Answer:
Go to: http://forexbreakthrough.com/performance-review/forex-bling-ea-review/

2. What is the best performance EA at ForexBling package?

Answer:
No 1: Thunderbolt EA
No 2: Fractals EA
No 3: Thunderstorm EA
No 4: Freedom EA
No 5: Evolution EA
No 6: Grid Specialist

Note:
We list Grid Specialist as no 6 not because of it’s performance, but because Grid Specialist EA working as a grid trading system which this trading system needs you to have the ability to sustain the temporary drawdown.

3. When the delivery schedule for Thunderstorm EA and Grid Specialist EA?

Answer:
We deliver at the first week of October 2009. Subscribers before October 2009 get additional 30 days subscriptions if you unsubscribe.

4. What are the best currency pairs for FREEDOM EA?

Answer:
We run our FREEDOM using 5 currency pairs below:
EURUSD, USDGBP, USDCHF, USDJPY, AUDUSD and EURJPY

Based on 6 months forward test, we found that the best 2 currency pairs are: AUDUSD and EURJPY

NOTE:
- We will have new version for FREEDOM in October (version 910) with some additional feature and improvement.-

- I will send a full statistic report this weekend (Currency Performance for each of Forex Bling EA based on our forward test) for: FREEDOM EA, THUNDERBOLT EA, FRACTALS EA, EVOLUTION EA.

5. Can I keep Fractals-Wizard if later I unsubscribe Forex Bling?

Answer:
YES. Your Fractals Wizard EA will be yours forever with a lifetime update as long as you do not refund the 1st quarter ($99).
After the 1st quarter if you unsubscribe, the EA still yours forever, including the next update.

Best Regards,

Forex Bling Team

This post is from: Forex EA Honest Reviews on robots, signal services, forex courses and much more!

Forex Bling Update

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The following is the REAL Statement published automatically by MetaTrader where Forex_Bling is running. So far the robot is running in a demo account, since it is still brand new. The report will be automatically updated every hour since this is a pretty active robot.

Initial demo account balance is $500. We will investigate the robot profits, the drawdown, and most importantly risk management by the robot.

Note:  Due to an early bug in ThunderBolt – see this post – Forex Bling Update, the account went down to by -$200, so realistically we started the real test with $4800 balance, However I did not started the demo test from scratch since there were some trades by the other robots.

Also since 16th September, I changed the lots sizes as follows so as we identify which trades are of which robot.  They are all running in one account, so it was a bit confusing.  Lots are as follows:

Thunderbolt EA: 0.3 lots

Freedom: 0.1 lots

Evolution: 0.15 lots

Fractals: Most often under 0.1 lots since you can’t modify the lots of this robot.

Forex Bling Statement

This post is from: Forex EA Honest Reviews on robots, signal services, forex courses and much more!

Forex Bling Statement

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Notice the violent up trend - 15min Bar Chart

I just woke up and checked how our new Forex EA is doing. Well we are around -$100 down – not a good start.

Analysing what happened, Forex_Bling did pretty good trades during the night, but this morning the market got crazy. ThunderBolt which is a grid trading robot, closed most of its trades at a loss due to the violent up trend that occurred in the market within an hour or so and kept going up for a couple of hours. Of course a grid trading robot is not adequate for such reaction, hence the losses. At least the losses are not huge and are around $25.60.

Looking at the screen shot on the left, the chart is 15 min chart.  The red / green arrows indicates where Thunderbolt was trading.   As you notice this EA is excellent for choppy markets, or in other ways, pairs that are not trending, or that.  I bet AUS/NZD and EUR/CHF can be good pairs for this robot.

Anyway, I am not defending in no way Forex Bling – you know how blunt and critical I am at these robots and in all my reviews, but I am just explaining why we have started with a loss. On the contrary then Freedom Robot which is a trend robot, produced a good trade of $48 profit confirming what’s its main duty is.

For next time, keep following this interesting robot.

This post is from: Forex EA Honest Reviews on robots, signal services, forex courses and much more!

Forex Bling – First Trades

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I have setup Forex Bling on a $5000 demo account and we will see how it goes.

I have left all the default settings for every robot.

From what I have seen, all the settings available are pretty straight forward. What is a bit annoying is that you need to input the confusing GMT Offset Settings. But anyway, the rest is pretty straight forward.

Keep Tuned, this can be a great robot.

This post is from: Forex EA Honest Reviews on robots, signal services, forex courses and much more!

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Forex Bling - Could become the BEST Robot Ever. TRY IT FOR FREE

So we got another new robot today – Forex_Bling. This looks to be an excellent robot, and not the similar crap we normally get by $99. Let me tell you how I came to know about this robot.

Yohanes R. Gagahlin contacted me personally to beta test his bling robot couple of weeks ago. We exchanged couple of emails and I confirm that Yohanes knows his job and he seems to be a very honest person.

The following is a short bio about Yohanes:

Yohanes R. Gagahlin is the founder of Switch Capital Management and Forex Hope, an international forex trader, trainer and speaker. He is a forex specialist with more than 10 years experience and he also managed funds for the past 3 years with an outstanding record of success.

Without doubt I got interested in the robot. When I personally contacted some robot owners prior their release, asking them for beta testing, no one really bothered to answer my request!

So what’s inside Forex Bling
You can read the sales page for great detail, but lets just give an overview of the robots, since then I want to talk why this Forex Bling got my attention, and hopefully we add this robot to our automated robot arsenal – is not that we have many anyway

So with Forex Bling comes basically 4 trading systems:

• Scalper – Thunderstorm EA (*)
• Trend Follower – Freedom EA
• Breakout – Evolution EA
• Grid Trading – Grid Specialist EA

Yes 4 robots and thats a nice mix of trading systems! In a nutshell you can use all the four in the same broker account. In fact this is what is recommended to do for optimal results.

You can find all the details in the product page.

Why Forex Bling got my eye:
These are the main reasons why I decided to purchase Forex Bling, after the successful 1 week beta trial.

Reason 1:
The robots where developed by a real forex trader, and not an internet marketer, hiring MT 4 developer from freelanced sites. So I presume that these robots should have an edge over the useless robots. Forex Bling should be better of course.

Reason 2:
Unlike many new robots, the results are back tests. How do I know? Just look at this picture.

typical robot back test - USELESS

That’s a back test, that is test based on old data. Of course the back data most often is modified to make the robot looks profitable. Then you wonder why the robot is not profitable for you, but it is for them. They have modified data in their favour – so it is not your fault.

Forex Bling have a statement similar to what I show in my results – directly from MetaTrader!

To see the live report, click the link below, then click the graph at Step 2. 1st July. Not bad isn’t ?

Reason 3:
It comes with 4 robots with completely different trading strategies. Very cool indeed.

Reason 4: Most Important
Market change all the time. Yes wave patterns for example change frequently. So the robot if not updated to support the latest market conditions, the robot will not be anymore effective. Fap Turbo is the classic example. It was profitable in the beginning, but then not anymore, since the creators have not updated the robot anymore. They ran with our money to put it bluntly, and I heard they are going to release another fap turbo soon – I heard, I don’t know.

Yohanes assured me that he has full team behind him doing constant research to find the best model for scalping, trend trading and breakout. Yes that’s unique, thus hoping the robot will last for long.

Hurry!
Right now the price is $99 for all the robots per qourter, so $33 per month. Yes from experience you need to pay good money to get a good service. This is no different. Have you ever bought a $99 robot that delivered results? Maybe Megadroid, but you should be lucky to get 2 – 3 trades a week. I love Megadroid by the way, since it is the only reliable $99 robot in the market, but trades very little.

Yes back to Forex Bling, right now it is $33 per month, and for the first 100 customers will get Fractals 4 trading system, a robot that generated $3 789.47 since mid July.

Again this is not a crap bonus, giving mostly my others. This is a real deal, a real robot that works. See the page for live results on this robot. Hurry to get the bonus, the purchase is from Clickbank and you have a 60 day money guarantee usual.

What Forex EA will do?
All in all, I purchased Forex Bling, will be trialing it for the next two months. I wish I will not get disappointed by this, since I have high hopes on this Forex Bling.

I suggest you also get your copy now, so as you lock the price of $33 per month.  If it doesn’t work, and you will see my results here too, you can always claim your refund.  You have nothing to loose basically.

This post is from: Forex EA Honest Reviews on robots, signal services, forex courses and much more!

Forex Bling Review

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Yes another robot was released today, but I am not going to test it. I have not watched the videos or analysed the landing page. I got to know about this robot from the same affiliate marketer that has been selling robots every week. This is the 4th robot this month!

He sent me the emails about the following robots-

So is not my fault that I don’t trust this guy anymore.  I keep him in the list so as I know what robots are coming out

But I am going to introduce you to this new robot, which I have beta tested for a week – givin tome by the creater itself - Yohanes R. Gagahlin.

Watch this post for a full review – Forex Bling

This post is from: Forex EA Honest Reviews on robots, signal services, forex courses and much more!

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I have requested refund of the IVYBot robot since it is useless.  It is very far away from what the creators of the robot said in their sales page.

To be honest I had hopes in this robot, since the sales page was different from the normal crap.  They also updated their customers with newsletters of what is going on and they also released update of IVYBot. Although these could be tricks to reduce refunds as much as possible.

During the challenge we only had 2 trades, but you can follow the failer from other users, in my other blog here – IVYBot Review settings. It is the most active post in the blog.

Why I think this?
Initially they promised an update just 1 week after release, and they promised that the new release will be in a week. The new release was released 2 weeks ago, just about the first customers are due to their 60 day policy refund. A customer may think “wow we have a new version, lets give it more time. They also feel good about themselves and the robot’s customer service.” In no time, the 60 day trial expires.

I may be completely wrong, but this is the worst robot I even tested. It’s worse than Fap Turbo!

Final Judgement
At the end of the day, results count, and the robot failed to deliver completely.

This post is from: Forex EA Honest Reviews on robots, signal services, forex courses and much more!

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So second week of Forex_Decimator trial and it went bad.  Unfortunately we had 2 major losses and 1 minor loss that basically wiped out all the profit and a further $100 approx of the account.

So we had 5 trades, 3 losses and 2 wins.

Overall Loss: -$98.80.  The account closed at 453.83 starting with a $500 account.

The robot is showing the weaknesses of all robots – HIGH STOPLOSSES.   One loss of $105.30 means 10% of our account, and this goes against all principles of forex money management.

Something else I want to comment, is that the same person from whom I came to know about this robot, has released the 4 th robot in 1 month – that all promise to make you rich.  From Forex Decimator should made me rich, why now I need 4 robots?  This is not at all looking good and it stinks.  I recommend not to buy the robot prior we finish our tests.

So keep following along.

This post is from: Forex EA Honest Reviews on robots, signal services, forex courses and much more!

Forex Decimator Update 31 August – 4 September

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A new robot was released today 1st September 2009 – Forex Supernatural.

I love all these robot names coming out lately – Forex Decimator, Forex Accumulator etc etc.

This robot again is claiming to make $10630 PER DAY! WOW! Lets get a copy now, and I will quit my day job tomorrow

The landing page is very simple, just a video explaining forex, and not explaining what the robot does!  Funny enough the guy compares the robot similar to a robot on a car assembly line.  In what way they are similar?  I can’t understand.

Car Assembly Robot is programmed to do step 1, step 2 and step 3, in sequence, one after each other WITHOUT EXCEPTIONS, WITHOUT OUTSIDE INFLUENCES that effect the assembly line.  If even something small effect the operating environent, the robot stops working.

Forex market have large influences from so many things…

So how can you compare them?

At some point the guy also mentions that one trade made $18051.97 in one trade while at the beach.  OK, you can make such profit REALISTICALLY only if you are in a trade that made you 180 Pips but you need to have been trading with 10 lots, meaning you need to have $10,000,000 account.   Why? Because professional traders trade with just 1% of your equity per trade, so if this robot is a friend to your account it should NOT exceed 5% MAX per trade in your account.  Do the maths since maybe I have am extra 0 or missing 0.  But you got the idea.

Then I stopped watching the video – this is the biggest lie you can say to a newbie.  And from the video unfortunately they are after these innocent people – beware.

Furthermore, I got to know about this robot from an affiliate marketer whom he is selling a robot every week, in this blog we are testing one of them, and soon this guy is going to be blacklisted if he continues to send this kind of crap emails.  I had to rewrite this sentence 10 times since I ended up cursing!  I really get angry at this kind of people.

P.S. With a 60-day guarantee and the ability to use a demo account  to test Forex Supernatural before you use a penny of your real  money, there’s ZERO risk to you to try this. Why not give it a spin, Jason? What do have to lose?

You why I starting to hate this guy? He is saying 60 days guarantee, where they say is 30 days!

It cost $97.00.  It has 30 day money back guarantee but it is not through Clickbank, so it did not pass my initial criteria to merit a trial.

This post is from: Forex EA Honest Reviews on robots, signal services, forex courses and much more!

Forex Supernatural

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Things do not look so bright for IVYBot.  Although Internet Marketers claim that this is the best robot, the robot is not working at all. Although we just started the trial here in this blog, and we only had 2 trades – see statement here, I have been testing IVYBot for around a month now in my other blog – IVYBot Review blog.

Funny enough, I got an email this morning claiming that IVYBot is producing results.  They even mentioned the useless Fap Turbo – give me a break man!  This is why I creates this blog.

Anyway, I still have 3 weeks lef to claim my refund, so we will give IVYBot some more time.  But it must be a miracle to change my opinion.

Keep following…

This post is from: Forex EA Honest Reviews on robots, signal services, forex courses and much more!

A Small Loss of USD/JPY

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After a week sleeping, IVYBot woke up this morning with a profitable trade in USD/JPY Pair. It made the usual profit of $8.83 on 0.1 lot.

Some friends told me that on FXDD broker there was another profitable trade in USD/CHF pair, but on Alpari it missed the trade.

In two weeks we will decide whether IVYBot is worth our time, and your money, since now it is getting close to the 2 months – to claim back my refund. I am not that much impressed to be honest, so probably will claim my refund.

This post is from: Forex EA Honest Reviews on robots, signal services, forex courses and much more!

IVYBot First Trade

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Tom Strignano Forex Signals - RECOMMENDED

Well 6 days ago, I have subscribed to Strignano’s Forex Signals Service. This is top notch honest signal service and is one of its kind. In a nutshell you will receive the exact trades that Tom Strignano is doing, so basically you will be trading along with him. It is useless to explain the benefits of such approach. But to mention a few, it just eliminates the guess work, be profitable instantly, shortens your learning curve, elimates bad habits if you trade and learn on your own since you immediately learn the right way from one of the gurus in the industry. Tom Strignano has over 25 years of trading experience and he was a Chief Trader at 2 major international banks.

Anyway, yesterday I was travelling, so a quick look at the membership area, I got a bit lost, and yes a bit disappointed. But today I started to go slowly and watching the videos and follow their training. It happened that the more videos I watch, the more I was learning about the signals and the indicators and the rest and slowly I was falling in love with Tom. You don’t need to be a genius to realise that serious things are going on here, with no guesswork. This has filled me with confidence in their service and I have put three trades as per their signals. Till now, two trades, approx 50 pips, and the other one is still running. And I have only followed step 1 out of the remaining steps, which probably if I have followed the trade along the trend, I would have made more, but I have not yet went through the whole process so I can’t risk more than I have done already!

Well they promise that you can make 500 pips a day, and to be honest I don’t think this is far fetched or exagerated, as they normally are. In a good trading day, I believe you can make such pips, but lets be more conservative – lets say we will make 200 pips a day. Not bad isn’t it? I did 50 pips with 2 trades and only followed 1/6 of the whole trade! And during the day there were around 5 more trades which I did not take of course since I was still watching the introductory video. So yes 200 pips an average day trading is pretty much achievable.

The Strignano’s Forex Signals Service
The service is a monthly paid service and it is not cheap. But quality comes at a cost – always. No robot will make you this amount of Pips per day – forget it. Furthermore, a robot is a black box so you don’t know what is its next move and basically you are at the mercy of the robot. With Tom Signals, you know at every single minute of the trade what is your next move albeit the conditions on the market.

What you get by subscribing:

1) signals – as I said I earned approx 50 pips in only 2 trades and only used 1/6 of the potential of each trade, that is I did not continue to follow the trade. Each trade had a stop loss of approx 35 pips which is very small compared to the profit that you can make. This is a big thumbs – small stop loss!

2) Apart from the signals, you will find other two other powerful systems with videos of how to leverage this systems to your advantage, of course apart from the signal service. The training is also archived, so in case you missed it or want to refer back to it, it is just there for you to make good use of it.

3) You will also get a powerful indicator that is of extreme importance for the signals and for your trades that automatically plots every single point on the chart. Of course I can’t reveal what it does, but it is the key for your success. With just a glance at the chart, you will know in advance whats your next move in the market with no guess work. This gives you an edge on all other traders.

4) They also do weekly training and webminars (may last more than 3 hours) where during the webminar they also do live trading so as you can better understand the signal service. Just let me know if there is another place that do this.

5) They also do a daily recap of all the signals that came out between 8am EST and 12pm EST, where they explain every single trade in detail, so as you furthen sharpen your trading skills and make more beneficual use of the signals, hence more profit to you.

6) All signals are received by email or SMS worldwide. Right now I am in Sicily for a short break away from my boss, and I got the signals perfectly in time to place my trades when I wanted to – exceptional.

7) Risk management is of extreme importance and you will find extremely useful information on this critical subject. If you don’t control your losses, you are simply buried in few days. Being a trader myself (no I am not a guru) I never read anything similar to this strategy in all the books that I have read.

8 ) Excellent customer support and there is also a skype group where you will also find Tom himself in the group! How do I know that there customer support is exceptional? I had a small problem where I couldn’t find the indicator in my profile, and they replied first thing in the morning, solving me the problem of course – considering there is at least 8hours difference I was not pretending to answer me during the USA night

9) They also offer 30 day money back guarantee. You don’t like the service? Claim your money simple. It is not through clickbank, but I am sure they will honour their 30 day guarantee.

YOU CAN’T LOOSE SUBSCRIBE NOW

Final Thoughts:
This is a premium service and if you take it seriously you may earn some serious money. I know that right now the price is discounted and worth every money. I heard that they will increase the price soon and closing the subscription will follow shorty afterwards.

Finally if you offer a quality service related to forex, or have a quality robot coming out, or you the reader use or know any quality service or product, please contact me or leave a comment below.

This post is from: Forex EA Honest Reviews on robots, signal services, forex courses and much more!

Tom Strignano’s Forex Signals Service – Recommended

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The following is the REAL Statement published automatically by MetaTrader where IVYBot is running. So far the robot is running in a demo account, since it is still brand new. The report will be automatically updated daily since IVYBot does not trade that often.

Initial demo account balance is $500. We will invetigate the robot profits, the drawdown, and most importantly risk management by the robot.

IVYBot Statement

This post is from: Forex EA Honest Reviews on robots, signal services, forex courses and much more!

IVYBot Statement

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So first week of RoboMiner II trial and it went really well.

Closed Trades: 16 Trades
Overall Profit: $25.67

RoboMiner II use grid trading system, so it will leave a couple of trades open until they are closed later on. In fact as you can see from the statement, we have 10 open trades, and when the trend reverses eventually they are closed.

I had the time to read the RoboMinor manual, and it is very interesting how the trading grid system works. If and only if, nothing extroardinary happens in the world, this robot should work and be profitable in the long run.

RoboMiner creators say that their target is to generate 6% per month. In 10 years $1000 capital should turn into $1 million. So far from the statements that I have seen, it yields 3% per month, which is good. I will write about how the robot works in the next post.

From my side I will trial the robot for month, and will go live afterwards if I am happy with the results.

This post is from: Forex EA Honest Reviews on robots, signal services, forex courses and much more!

RoboMiner Results – 24 – 28 August 2009

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No trades this week, the robot has been sleeping all week.

For next week then..

This post is from: Forex EA Honest Reviews on robots, signal services, forex courses and much more!

IVYbot 24 – 28 August 2009

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IVYBot - usefull robot?

About IVYBot

• The robot was developed by Ivy League Grads.
• Expect 2 – 6 trades a week. At least better than Megadroid which only does 1 or 2 trades a week if we are lucky – but at least always successful.
• IVYBot is not a scalping system and is based on 1 hours time frame. I read somewhere that scalping is possible but I need to see how.
• The robot is based on many factors including trend analysis by price action, how long the trend has been trading and other factors.
• This is GREAT: The robot trades 4 different pairs (Eur/Usd, Usd/Jpy, Usd/Chf, Eur/Jpy). It has a robot for each pair, and not 1 robot for all. So basically we have 4 robots developed and optimised specifically for its currency currency pair. Unlike FapTurbo which was 5 currency pair in 1 and was a disaster in 3 of them.
• Unlimited updates to new IVYBot settings when market conditions change.

So far it comes with 2 extra indicators – Market Watch and Session Profile Tool value of $450 each – according to the creaters of the IVYBot.

Market Watch:

The “Market Watch” indicator is a very simple indicator to follow. Just place it on your chart and follow the green and red lines. When the indicator shows a number of rising green bars, you know that the strength of the currency is rising. When the indicator shows a number of rising red bars, you know that the strength of the currency is falling. It’s that simple, when you see green you buy, when you see red, you sell.

Session Profile:

The “Session Profile” indicator is also very simple to follow. Once placed on your chart, you will see three large boxes. They outline the different global trading sessions. You will be able to identify the open, close, high, and low of each of the three major global trading sessions: Asia, Europe, and America.

Of course we will check and test the above tools and see if they are worth $450. I am particularly interested in Market Watch.

When you buy IVYBot there is an upsell of $99 but I did not take the offer.

All the above comes with Clickbank return policy, so we have 60 days to trial and claim our money if this result in another B.S. robot.
What Forex EA have done so far:
I have bought the robot since it is from ClickBank and right now the price is $97 with some bonuses.

I have set up a demo account with $500 and we will be testing the robot on FXDD due to 4 digit broker.

Only 500 copies will be sold – so hurry up Well don’t believe this marketing talking crap.

Whether this is again a marketing stunt or not I don’t know. But if they sell only 500 copies, than they should care about their customers – in theory!

Updated 31st August 2009

IVYBot is still for sale but now the price is $149.95 and still with the bonuses.  I hate the marketing stunts to hurry to claim youir bonuses – which most often are worth nothing!  Hurry and get the bonuses!!

GET YOUR COPY HERE

This post is from: Forex EA Honest Reviews on robots, signal services, forex courses and much more!

IVYBot Review

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So first week of Forex_Decimator trial and it went well.  Unfortunately for some reason the statement is not showing all trades!   But this is what has happened since I was following the robot closely last week.

I believe it was Wednesday and Forex Decimator was in a trade.  The market changed violently and in 2 trades the robot lost around $75.  It wasn’t a good start for the robot.  I could have closed the trades manually, thus minimising the loss, but I wanted to see how the robot will react.  Basically it did nothing and hit the stop loss.

So we had 3 trades, 2 losses and 1 win.

Overall Profit: $48.xx.  The account closed at $548.xx starting with a $500 account.

We still far to judge the robot, since we have just started out. So keep following along.

This post is from: Forex EA Honest Reviews on robots, signal services, forex courses and much more!

Forex Decimator 24 – 28 August 2009

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The long awaited update for 5 digit broker friendly is out today. I have already installed the new version of course, so don’t forget yours There were also some improvements as per their email below.

IVYBot have been sleeping apparently since we had no trades yet this week.

IVYBot Member’s Email:

As a valued IvyBot Member you will receive updates as more efficent
IvyBot versions are released.

We are pleased to announce that Ivybot 5.0 is now available for you
to download from the Ivybot Member’s login page.

——————–
New Updates:
——————–

* Full 5 Digit Compatibility
* Manual Magic Number Entry
* Improved Synergy with all MetaTrader 4 Platforms
* Updated Trading Settings

At IvyBot we strive to continue our reputation as the #1 trading
system.

Our Next version 5.1 (Currently still in beta testing) will include
some of the following features:

* Risk Management Function to adjust lot size based on your current
account balance

* Adjusted Equity protection algorithm

For our next trade…

This post is from: Forex EA Honest Reviews on robots, signal services, forex courses and much more!

IVYBot New Release

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RoboMiner have just closed the first successful trade with a profit of $2.75 with 0.01 lots, 40 PIP Trade Profit!

I have not changed any settings and let everything as default.

Successful Trade was as follows:

Sell Trade @ 1.2275
Trade Closed @ 1.2235
Basically at 40 PIP Profit!

Going for high pips is imperative for this robot since the spread in the AUD/NZD are typically very high – 12-14 normally, and of course varies from broker to broker.

There are currently other 4 trades open.

This post is from: Forex EA Honest Reviews on robots, signal services, forex courses and much more!

RoboMiner First Trade

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The following is the REAL Statement published automatically by MetaTrader where RoboMiner is running. So far the robot is running in a demo account, since it is the first time I am testing the robot. The report will be automatically updated daily.

Initial demo account balance is $5000, an exception for this robot, because I still need to read carefully the robots manual. Anyway, whether we use $500, $5000 with 0.01, 0.1, 1 lots etc it doesn’t matter for now. We will invetigate the robot profits, the drawdown, and most importantly risk management by the robot.

* I HAVE STRONG BELIEVE IN THIS ROBOT

RoboMiner Statement

This post is from: Forex EA Honest Reviews on robots, signal services, forex courses and much more!

RoboMiner II Statement

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The main purpose of this blog is basically to expose those

1. Forex Robots THAT WORK. Deliver constant profits month after  month.
2. Forex Services THAT WORK.
3. Forex Quality Training THAT IS WRITTEN BY A REAL FOREX TRADER AND NOT BY AN INTERNET MARKETER.
4. …and much much more.

The main idea is to reduce scams and only purchase quality products worth your money and time. Yes there are serious companies and products out there, is just there is so much rubbish, that they are hard to find! The funny thing is that the crap is more popular than the serious products!  The crap is affordable, hence it is sold more, hence you are bombarded by those internet  marketers emails that are simply after your hard earned cash  money.  Whats more – they give you useless bonuses full 0f crap systems, outdated useless information, wasting you more time in reading such crap ebooks.

Of course I will review robots. those that price range from $97 – $147,  but only those purchased through Clickbank so I claim my refund.  Robots within this price range are normally crap.  I will also select those robots that their creater is not yet in my black list.  Why? If they have released one crap robot claiming millions in return amd failed, why do I need to trust them again? They are not worth  my time and yours – trust me.

So are there any quality products or services?

As I said, there are and you can make easy money with them.  Most often they are not cheap, but if their return of investment is worth my time, yes you should be an idiot not to pay more for a quality product or service.

Right now I am evaluating a signal service that looks pretty good.  I have another signal service which is completely automated, its live in my account and is producing pips after pips. It is not effective as the first signal service, but doing nothing and see your account grow is worth the time and money. And yes there is a robot that in the last 2 days, produced 120 pips in just 3 trades . Yes it is not an $97 robot, it is much more expensive. And there is another robot coming out very soon which I am beta testing right now, and it is amazing. Again it will not be cheap.

So follow along and when it is the right time,  Iwill post everything here.

This post is from: Forex EA Honest Reviews on robots, signal services, forex courses and much more!

Any Quality Forex Product or Service Out There?

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Recommended Robot

I heard many nice stories on this robot, and eventually I want to buy this robot – soon, and will go live soon with it. Why I didn’t do it so far knowing that it is a profitable robot? Very simple, I don’t know yet the optimal account start up for the robot. I know it is written on the document that comes with the robot, but that area is not straight forward reading and I need to look to it soon, and of course read it very carefully. Furthermore, last week

Alpari introduced flexible spreads and the AUD/NZY spread have widened a bit, so I need to see how the robot reacts in this situation, else we find a different broker for this robot.

What Forex EA have done so far:
I have set up a demo account of $5000 (yes its not the norm, but a quick look at the document is the first thing I saw )) As I said I will read the document carefully and will go live soon with this robot.

So what’s Robominer after all?
This is what the creators say on the robot.

As you know in the Forex market almost every week there are new EA’s and systems coming out, some of them work while most of them don’t, however there is one EA that has been constantly making profits over the last year, generating over 86,908.00 pips in profit, and generated a 314% return in just 12 months.

This special system that only a selected few know about is the RoboMiner, from Forex-Goldmine.

The RoboMiner is a long term investment system that pumps daily small profits into your account, it always closes trades with a profit, that’s right you will never have any trades close with a loss.

The RoboMiner EA uses a proven grid trading system that is so safe, its as if your money is in you IRA account, this system generates a minimum 6-10 % return monthly, with compounding that’s 100% return a year, that means if you invest $2,000 today, in 9 years from now that will turn into $1,000,000 minimum, where else can you find such a safe investment that will give you this kind of return?

Best of all you can download a free demo of this EA, test it for as long as you want and see for yourself how it performs.

So go ahead and try the RoboMiner today. You have nothing to lose and everything to gain.

GET YOUR COPY HERE

This post is from: Forex EA Honest Reviews on robots, signal services, forex courses and much more!

RoboMiner Review

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Today is Sunday, and I sent a support question to the Forex Decimator team. Few hours later, on Sunday they have answered my query.. Well done. Thumbs up.

Of course customer support is important, since MOST $97 robots their customer support is non-existing, although they claim that they have it!

Reply Sent…

I have reattached both the ex4 file and the PDF file to this email. Please
be aware that the ex4 file isn’t meant to be opened (some people are trying
to open this file direct).

1. First your MT4 broker platform must be closed,
2. next the ex4 file is to be copied (right click copy) then pasted
(right click paste) into your MT4 Broker Expert folder through Windows
Explorer.
3. Then reopen your MT4 broker platform and you should then be able see
it in the Experts folder through the Navigation panel (left side of screen).

Many Thanks
Forex Decimator
support@forexdecimator.com
www.forexdecimator.com
—–Original Message—–
From: Jason [mailto:jason@XXXX.com]
Sent: Monday, 24 August 2009 12:29 AM
To: support@forexdecimator.com
Subject: I can’t download the files

Hi,

Can I please have access to the files to download them again?

I have registered and downloaded the files last week, but now I have
changed broker, and I can’t download the robot files again.

Awaiting your kind reply,

Jason

This post is from: Forex EA Honest Reviews on robots, signal services, forex courses and much more!

Forex Decimator Support

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The following is the REAL Statement published automatically by MetaTrader where Forex Decimator is running.  So far the robot is running in a demo account, since it is still brand new.  The report will be automatically updated daily since  Forex Decimator does not trade that often.

Initial demo account balance is $500.  We will invetigate the robot profits, the drawdown, and most importantly risk management by the robot.

Forex Decimator Statement

This post is from: Forex EA Honest Reviews on robots, signal services, forex courses and much more!

Forex Decimator Statement

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This is what the creators said on their sales page:

Forex Decimator is a new, revolutionary robot that will allow you to profit consistently, in any condition and with unrivalled accuracy. It has a proven 92% winning trades accuracy, putting itself at the very forefront of Forex trading technology.

Forex Decimator’s incredible in-built money management rules mean that you will never see your profits wiped out with a single bad trade…A problem many other robots fail to solve.

What Forex EA have done so far:
I have bought the robot since it is from ClickBank and right now the price is $97 for the first 200.

I have set up a demo account with $500 and we will be testing the robot on Alpari.

I have checked the price now and it is still $97, so probably either not enough copies were sold, or that is what I call a marketing stunt.  A friend told me that they will sell only 500 copies of this robot. Whether this is again a marketing stunt or not I don’t know. But if they sell only 500 copies, than they should care about their customers – in theory!

Last week performance
I have put the robot in a general demo account and it did 2 good trades.  This is why it grabbed my attention and it is worth testing.  We wil see how it goes during the official test.

The robot trades only EUR/USD pair only.  I like one pair trading robots.

Anyway grab your copy now, since if the above is true, you may have missed a good robot. At the end of the day, if the robot proves to be shit, you can always claim your refund.

GET YOUR COPY HERE

This post is from: Forex EA Honest Reviews on robots, signal services, forex courses and much more!

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I am setting up the robots in different accounts (some live and some demos so far) and we will compare their results in the long run.  Each account will be $500, and of course what we are after is

• the ROI of the robot  - how much money it made
• drawdown – this is most important factor to measure

During the trial of each robot we will measure its capabilities as regards money management, that is,  how much money the robot is risking per trade.

The following robots will be on trial

• Forex Megadroid – live on Alpari – RECOMMENDED
• Forex Decimator – demo on Alpari
• IVYBot – demo on Alpari. Was live last week, but I am not confident on its stop loss
• Robominor – soon going live on Alpari – RECOMMENDED
• FAP Turbo – live on Alpari

Other robots will be added soon, the one which is interesting is PipsLeader.  Other robots I know that are coming out and I will selectively select few of thm for trial.  If you have a robot that you know is worth our time, please let me know.

I am also testing and  have live accounts on some signal services company, forex managed accounts and others in which I will post their performance as well later on.

So keep tuned.

photo credit: matsubokkuri

This post is from: Forex EA Honest Reviews on robots, signal services, forex courses and much more!

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