Showing posts with label product review. Show all posts
Showing posts with label product review. Show all posts

Monday, February 15, 2010

Forex Rebellion : Product Review

This Forex Rebellion review takes a look at the new system introduced by Russ Horn in late 2009. Russ Horn is a former T shirt printer who says that even a beginner can learn his system in 25 minutes. So, what is Forex Rebellion and does it really work? Are users actually making money with Forex Rebellion?

What's In The Box?

So what is Forex Rebellion? Let's be clear from the start, this is NOT another robot but it does have an automated component. Let me explain:

This is a manual trading system that identifies trades with a high probability of success. But you also get a piece of software called a 'trading assistant' which will alert you when conditions are favourable for a trade according to the system. You then decide whether to go ahead and trade or not.

This means you are in complete control of your trades, but at the same time, you do not have to waste your life scanning the markets 24 hours a day. It's the best of both worlds. It also means that you can cover more than one currency pair.

As well as the trading assistant, you get over 40 videos showing how the system works. This includes footage of Russ trading the system live on the real market. It also includes different kinds of situations that may arise in the market and how to deal with them.

You also get special chart indicators that have been developed specifically for the Forex Rebellion system. You will not find these indicators anywhere else but they come free with this system. Other systems leave you to tweak standard indicators as best you can - Forex Rebellion serves them up to you on a plate.

Plus of course, you get a manual. This is great for referring back to, after you watched the videos. Or if you are the kind of person who prefers to learn from the written word, you will find the system very well explained in the manual. (But it is best to watch the videos at least once, especially the bonus videos. There's information and strategies there that are not in the manual.)

The System

This is a short term trading system (day trading) which will suit anybody whose time on the computer is limited. It can be used in any time zone and on any currency pair. Since forex is a 24 hour market, people with a regular job can use this in the evenings or early mornings, while a stay at home parent could trade while the kids are at school. It's very flexible.

Another advantage of this kind of flexibility is that the market will not be saturated with traders using the same system at the same time. Forex Rebellion traders will be dispersed through different time zones and different currency pairs.

However, when you are starting out with the system it is best to stick with one currency pair. EUR/USD will be easiest to begin with, because of the high volume of trades. You also have a choice of time frames and we recommend starting with one hour.

How To Use The Videos

40 videos is a lot! And as for the claim that you can learn this system in 25 minutes - well, you would be missing a lot if you only spent 25 minutes on this. But it is a simple system that is quick to learn.

While some people will happily watch the whole video series right through from start to finish, for beginners that could be confusing. So instead, a great way to use this type of video training is to sign up for a broker demo account and actually follow along with what Russ Horn is doing. Using a demo account means that you do not have to risk any money.

At the same time, take brief notes of what is included in each video. This makes it way easier to find what you want if you want to come back and watch a strategy again.

User Feedback

People are raving about Forex Rebellion! You will see plenty of testimonials from users on the site, but the place to look for genuine impartial feedback is the forex forums. Comments there are extremely positive, with plenty of 5 star reviews.

We didn't really find any negatives except people recommending that you start small - start in demo to find your feet, pay attention to the training on risk management and stop losses, and don't start right out with 10 different currency pairs all at once. It's just common sense.

Some users do go live right away but this would only be appropriate for experienced traders who can see that the system is going to work from the videos. Beginners need to get accustomed to the mechanics of trading and this is best done in a demo account where a mistake will not cost you anything.

Guarantee

You have a guaranteed refund here if you are not happy with this system. You have up to 60 days to test it out.

In order to make this a truly risk free 60 days, it is best to use a demo account. For newbies who do not already have a broker, there is a special link to a recommended broker in the download area. With this service (and most others) you can trade in demo mode at first until you are completely confident in the system and your trading abilities.

Summary

There is a PPS that Russ Horn has put on the site: "Fate brought you here and fate can take you to a whole new level in the Forex Trading niche. I've done all I can to help you find true success. The rest is up to you."

We could say the same about this Forex Rebellion review. Destiny ... or something ... has brought you here and you can be thankful, because you have actually come across a real money making forex system among all of the dubious forex strategies out there. This is highly recommended and I hesitate to say this but I sincerely believe if you can't make money with this, you shouldn't be trading.

Forex Rebellion Click Here!

Sunday, July 12, 2009

FAPTurbo Evolution Pre-Review

FAPTurbo Evolution Pre-Review

In this FAPTurbo Evolution pre-review I look at this new forex trading robot due to hit the market on the 14th July 2009.

As you will know if you have been around the forex market for a while, FAPTurbo was the big automated forex software hit of late 2008 and is still trading well in mid 2009. The economic downturn seemed to do nothing to prevent this automated forex trading system from making money for its users. So why the release of FAPT Evolution, the new revision of FAPTurbo from the same developers?

The first thing to note is that FAPT Evolution is designed to work with one brokerage company in particular, the Swiss based Dukascopy. In fact until they ran into trademark issues the developers' original plan was to name this new robot FAPT Swiss.

However, the robot remains independent and Dukascopy will not be providing support for the automated software, only for their own trading platform. Still, this makes FAPTurbo Evolution a very different creature from the old style expert advisor forex robots that, like the original version of FAPTurbo, run on Metatrader 4 and are compatible with a number of brokers who support this platform.

Dukascopy is a highly regarded broker and we do not envisage the close dependence to be a problem. However, if you were thinking of getting FAPT Evolution to run with a few hundred dollars in a mini trading account you will have to think again. The minimum investment at Dukascopy is $10,000. So this is a not a robot for the small time investor.

For obvious reasons the developers are planning to limit the number of copies sold. FAPT Evolution is already making a big noise in the market and Dukascopy may be flooded with new account enquiries, so we recommend you get in fast if you want in.

The development team is fast becoming the market leader in the world of forex robots. They say themselves that "FAPT Evolution is the most powerful and stable Forex Robot we have ever developed, period."

Some patience may be needed in the first few days while the brokers deal with so many new accounts and you deal with the learning curve required to set up your new robot. However, the software will have its own forum where you can pick up support and suggestions from other users as well as the developers. This takes a lot of pressure off the developers' own support system and should be your first port of call for any minor issues.

The differences here mean that 'Evolution' was maybe not the best choice of name. This new version of FAP Turbo is not so much a new model as an alternative choice for a different type of investor. In short, the release of Evolution should not stop you from buying the original FAPTurbo with its proven results, if that would suit you better.

So for beginners and those with smaller investment funds, I recommend starting out with the original version of FAPTurbo which you can operate on a mini account with several brokers.

FAPTurbo

However, serious forex brokers should take a close look at FAPT Evolution. My conclusion from this FAPTurbo Evolution pre-review is that this could revolutionize your forex trading and take automated forex systems to a whole new dimension.

FAPTurbo Evolution

For a full FAPTurbo Review register on my blog and as soon as it is ready I will send it to you, also if there any changes to the launch program I will let you know.

Tuesday, June 23, 2009

Product Review - Forex Trading Made E-Z

Forex Trading Made E-Z comprises an e-book and 12 videos and is a step by step guide to a successful but unusual system of trading on the foreign exchange currency markets developed by a retired American airline pilot named George C Smith.

This is an electronic product which can be downloaded immediately after you have placed your order securely online with Clickbank. Access to the videos is via links strategically placed within the e-book. I say strategically placed, because the e-book explains in detail the step by step system used by George and each step is supplemented by a video tutorial making it very easy to understand. In addition, you will have access to over 40 further videos of live trading sessions to help you further understand the process.

The e-book at 84 pages may sound a little overwhelming but most of it is taken up with the charts essential to George's system. He describes the success of his system as similar to the 'flight plan' needed to fly an airplane from point A to point B. Once you've learned how to follow the flight plan, it still takes a disciplined approach to make it work. That's why pilots follow check lists -- so they don't forget anything!

The combination of e-book and video is a great way to learn this system. You not only learn from the e-book which describes each step in detail, the video also shows you the live action - as though you were standing over George's shoulder while he does it.

This is not a get rich overnight system. It aims to increase the size of your trading bank by 5% each day of trading. That may not sound very exciting but when you consider the cumulative effect on even a modest bank of say $500, George shows how an average gain of 5% per day will double the size of the bank to $1,000 in just 14 days. He then goes on to show you how you can earn that extra $500 per day on average once you have mastered his system. Don't let me mislead you here, I say on average, because you will not hit the sweet spot every day - there will be days when your trade will lose which helps to maintain a healthy attitude to the real risks which without George's steady and disciplined system would surely take you down a typical gamblers losing path.

This system is not just for beginners, although the more experienced traders may skip through the early stages, there is something in the unusual nature of this system which even experienced traders can gain significant advantage from.

One of the things I particularly like about this product is that it concentrates on explaining how a complete beginner can make money at forex trading in the shortest and simplest way without all the hype and fluff I have seen in more expensive products of this type on the market. It doesn't attempt to explain the detail and complexity of the foreign exchange markets and the pros and cons of trading in different currency pairs. There is a link in the introductory section which takes you to a free e-book you can download if you want to know about that stuff.

A word of warning. This product is not a magic wand. You have the right mindset to be keen to learn and understand charts, patterns, trends and monetary statistics. If you are a complete beginner then you must follow the e-book and video tutorials and learn each step from the beginning and not become frustrated and jump the gun and try to trade too soon. You could do all this over a dedicated weekend and be ready to start trading when the markets open on Sunday night. My advise would be to paper trade for a while using a demo trading account before using real money just to make sure you are applying all the techniques of the system correctly.

Finally, there is support from George personally if you run into problems along the way and be sure to sign up to the notifications update list when prompted during the ordering process to have access to support and to receive updates with new ideas, explanations and even links to new videos as they are issued from time to time.

In summary, a great product and the combination of e-book and videos makes this an ideal way for a beginner to get started in a complex trading market. Also presents some unusual and interesting ideas for the more experienced trader.

Highly recommended. Click Here!

Thursday, May 21, 2009

Product Review - Forex Megadroid

This Forex Megadroid review examines the expert advisor software which claims it can see into the immediate future with 95.82% accuracy. This is a remarkable claim and is worthy of some close scrutiny. Developed by John Grace and Albert Perrie with a combined 38 years experience working in the forex market, the software was launched in the spring of 2009. Forex Megadroid uses what is called 'market adapting intelligence' to make it flexible enough to achieve a high level of accuracy in a fluctuating market.

The big difference between this Forex Megadroid and other automated forex software used by many traders is that its robot is flexible enough to be able to cope with major changes in the patterns of market fluctuations. Other software relies on the low level of fluctuation of a consistent market which has always been the main criticism of this type of software.

The secret is in the new market adapting intelligence which allows the robot to learn from the changing patterns in the market and refines the trading rules accordingly – the flexibility. This gives your funds a much better chance of survival in a volatile market situation. We’re not talking about predicting movements’ way into the future. The 'reverse correlated time and price analysis' (RCTPA) feature of Forex Megadroid aims to predict market movements only over the next few hours.

Ok, so the proof of the pudding is in the eating and this software has only been on the market for a few weeks but traders using this software are already reporting an amazing 90% or better success rate.

All traders expect to make losses and sometimes 2 or 3 losses on consecutive trades so it is necessary to evaluate the performance of this or any software of this type over a period of time with many trades. So far traders using Forex Megadroid are reporting 10% to 20% gains over a month of trading which in any language is a healthy improvement in profit.

At the start, when the software was first released, traders complained that the robot was only trading 3 or 4 times per week which although profitable was frustrating for ‘beginners’ expecting to make a fortune overnight. More experienced traders know that a slow, long term approach is more sensible. However, with a recent upgrade to version 1.1 of the software, traders are now reporting 10 or more trades per week. At a 90% success rate that is a remarkable performance.

For an incredibly low price of just $97 at the time of writing, this is a complete no-brainer, not just for people starting out with Forex trading but for the more experienced traders too. The product is available through Clickbank who offer a no quibble 100% refund within 60 days of purchase. That’s 60 days to try it out for yourself at no risk!

Forex Megadroid is clearly a leader in a new generation of software being developed for Forex trading and comes very highly recommended.

Click Here!