Posted by
Noman Manzoor
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Posted in
Forex Trade
The Surefire Trading Challenge is a unique concept thats creates a lot of buzz every couple of months when it is opened to the public for a couple of days and then closed again. Many people wonder what this Surefire Trading challenge is all about and if it really is worth the price tag. I decided to purchase the product for myself and answer this question once and for all. See my review below for more details..
What makes the Surefire Trading Challenge unique is the fact that it’s all about real traders and real trading systems, not just the usual theoretic systems that many Forex products are based on. Every couple of months a trading challenge is held to find the best forex traders out there. How the Surefire Trading Challenge is organized and what the winners receive as prize is unknown, but wat is known is the fact that the 6 winners have to expose all the details of their trading systems to the paying members of the Surefire Trading Challenge community.
This challenge is repeated every couple of months and the existing members get access to the 6 new winning trading systems every time, but this is not all that you get with the membership..Once you become a member of the Surefire Trading Challenge, you gain access to the latest 6 winning trading systems, as well as all the winning systems from previous challenges. The current launch (June 2009) is the second round of the challenge, so when you join you immediately have access to the 6 winners of the latest challenge as well as the 6 winners from the previous challenge when you sign up for your membership. I spent some time going through the latest 12 winning strategies and they are definitely diverse..there should be a system in there for virtually every type of trading personality.
Posted by
Noman Manzoor
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Posted in
Forex Trade
Forex Ambush has recently become one of the most popular signaling services online. The Forex Ambush website claims you will never have a losing trade if you follow their signals and they provide some impressive live account statements to proof it.
Normally I’m not very interested in ssignaling services, but this product certainly seems to offer something unique and because many of my readers have asked for a review, I decided to do some research and see what Forex Ambush is really about.
The question I wanted to answer was - if the Forex Ambush signals really are 100% accurate, then why isn’t everybody using them? The answer to this is the most important thing you need to understand before deciding to try this product..
Firstly I have to say that there is nothing false about the claims made on the Forex Ambush Holmepage. Since their signaling service was launched in September 2008, they have had a 100% success rate with no losing trades. However, the problem lies in in the way this 100% success rate is achieved. In order to have success with this system it is essential to understand the risks involved.
Posted by
Noman Manzoor
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Posted in
Forex Trade
Forex Funnel is one of the newest Forex trading robots to enter the market. They have a fantastic back testing graph on their homepage showing a very smooth upward equity graph, with a high success rate, low drawdowns and a net profit of more than $400,000 from 4 years of trading.
I spent hours online looking for actual customer reviews of the product, but all I found was general overviews containing exactly the same info that was already available on their webite, which isn’t a lot. So I decided to purchase the product and see for myself if it really is the profit pulling system that they say it is.
..So is Forex Funnel the real deal or is it a scam ?
After testing the system for a week I can say that this product is definitely not a scam, but it is also not suited for everyone. Forex Funnel uses a high risk, high reward trading strategy that can make you a LOT of profit, but it can also wipe out your account quickly if you are not careful.
Posted by
Noman Manzoor
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Posted in
Forex DVD
Apart from the launch of the Fap Turbo robot, the launch of Forex Avenger was probably the biggest event of the 2008 year in the Forex trading community. The creator of Forex Avenger promised to bring us a trading system that is entirely mechanical with step-by-step, easy to follow instructions and an average success rate of 75% or higher. To find out if all the hype about this system was true, I decided to buy the product and test it myself.
Did Forex Avenger deliver on its promises? It certainly did..see my full review below for more information.
A mechanical system that consistently makes profitable trades is what most Forex traders are after. It is a known fact that even a system with a consistent success rate of 50% can make you money if you use good money management techniques to minimize losses and maximize profits.
However, purely mechanical systems that make consistent profits are surprisingly scarce and finding a trader who makes a living from such a system is even harder, but Dave Curran is one such trader and Forex Avenger is the exact system that he uses to make a full time living trading the Forex markets. Forex Avenger is a mechanical Forex trading system that uses easy to follow technical indicators to determine when to buy or sell a currency pair. The system requires absolutely no discretion and the entry/exit rules are completely mechanical, so it is virtually impossible to make a mistake.
Posted by
Noman Manzoor
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Posted in
Forex Trade
I spend a lot of time reading reviews of Forex products online and I am mostly disappointed by what I find..but this wasn’t the case when I read about the Hectortrader Forex Trading Course. I have seen many real reviews from users of this course and have yet to find a single negative comment about it online. So what is the Hectortrader course all about and why are Hector’s customers raving so much about it ? I decided to buy the course and find out for myself..
One of the most common phrases in Forex trading is that “The Trend is Your Friend” and it is a widely accepted fact that trading with the trend is the most effective way of maximizing your profits and increasing the probability of your trading setups. The Hectortrader Forex Trading Course teaches you a simple, but very accurate way of identifying and trading with the trend in the Forex markets.
At first glance the price tag of $197 seems quite expensive, but as soon as you log in to the member area you quickly realize that this product should in fact be much more expensive, because similar products normally sell for $1500 or more. The Hectortrader Forex Trading Course consists of 17 hours of live trading videos where Hector teaches you his exact trading methods down to the finest details. You also receive a number of custom indicators developed specifically for this system, as well as one on one email support from Hector himself.
One great thing about this product is that Hector offers the first chapter of the course free of charge, so you can get a good taste for the quality of the material before making a decision to buy the whole course. Chapter 1 is all about analyzing and identifying the trend using his very effective 3SMA technique and it contains a lot of great information that you can use even if you don’t decide to purchase the rest of the course.
Posted by
Noman Manzoor
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Posted in
Forex DVD
Like many others, I still have a full time job as well as family responsibilities and having a trading system that allows for this is essential to my success. So far I am very impressed with my purchase and would definitely recommend it to most traders, especially to those who trade part time like myself.
The main advantage of a manual trading system like the 10 Minute Forex Wealth Builder over an automated trading system like Fap Turbo is the fact you own it 100% after buying it.. nothing is hidden or unsure. With this system you know exactly what the rules of the system are and why you enter or exit any trade, while you are much more in the dark when it comes to automated trading systems.
This system really does require only 10 minutes of work every day and if you are looking for a trading system that is simple, almost mechanical and effective, then 10 Minute Forex Wealth Builder should definitely be on top of your list of considerations. Visit the 10 Minute Forex Wealth Builder Homepage Here
Posted by
Noman Manzoor
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Posted in
Forex Trade
After spending an hour or two researching this system I found enough evidence that showed that Pips Leader is not the typical garbage Forex robot that is launched on a weekly basis. Pips leader uses what is called a “basket trading” strategy, which can be very effective if you understand the risks involved and enforce strict money management rules.
I have read many reviews from users of the Pips Leader system and I have to say that it was hard to find any negative comments about this product. Those who did lose money or gave Pips Leader a bad rating didn’t seem to understand the money management requirements of this system.
A Basket trading system like this can have up to 30 or more open trades at any given time, so it is important to understand what your percentage of risk is in order to avoid margin calls. While the Pips Leader Homepage states that you can start with as little as $300, the amount of margin used on such a small account will be way too high and the general feedback from customers is that the optimal account size for Pips Leader is $2000 or more.
I am very impressed with what I have found about Pips Leader so far and decided to make this the 2nd Forex robot that I will test in 2009, in addition to the recently launched Forex Megadroid. Check back regularly or subscribe below to see my latest trading results using this system.
