Rover North Forex System Review and Results
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.
Kangaroo EA Review and Kangaroo EA Results
***** 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!
Copy Paste Pips Review
*** 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!
