Ezines

Webring - Forex

Approved as a member of Forex webring - Join us


As Featured On EzineArticles

Article

Forex Trading System Reviews

Forex Trading Methods

Forex Trading Systems:

Look my friend, I am not going to beat about the proverbial bush here. I will not review systems that I think are rubbish just to fill up white space. I will only discuss systems that I use, personally, that I have bought and use every day to make money. So, you may say I am biased, and you may be right, but I’ve bought many systems and most are a pile of junk, so why review them.

Of course I use my own trading method and mini systems that I’ve developed over the years and you can find most right here, on this blog, just use the search button on the top right hand of the screen.
The systems below I use everyday and I like them, and I am happy to help you with them if you need some help (* see below). Enough said in the way of intro, now the nitty gritty.

Rover North Trading System

Overview:

This trading system was developed by a trader who came first a big trading competition last year. The system is very simple and in that lies it’s beauty, it’s highly visual and easy to follow. It looks at three time frames to enter and exit a trade and has an easy to understand interface that diplays all the relevant parameters and also notifies you of whether you are in a trade, or on standby.

The system comes with an auto installation for MT4 (Metaquotes 4 is a free charting program, you can download here it’s free, including the data feed) which makes it easy to set up fast. There is a very good manual for both use and installation. The system can also auto trade for those who like that, I am not an auto trader fan, but I am old school :) .

Ease of Use:

It’s easy to set up and use, and comes with a vast library of videos and manuals. Don’t panic! You don’t need to read them all or watch all to get going (especially if you are an intermediate and above trader). Beginners will benefit from a comprehensive guide which you’d need to buy separately with most systems. (I have a library of over 200 trading books, ebooks and printed books). However, once you get to use Rover North then you can watch the videos and read the PDFs to improve and gain inspiration and ideas.

The Method:

As I mentioned earlier, the system is simple and I am a mega fan of simple things, less can go wrong. It is based on moving averages and retracement, and teaches you patience and perseverance. However, the way it is implemented and used is excellent and well worth buying, just for the insights.

Rover North Forex System

Get Your own copy here ==> Rover North Forex System

 

* The links  to these systems are my affiliate links, which means I get paid a commission if you buy them from these links. If you refer not to buy thru my links, simply google them and buy directly (it’s the same price exactly).  However, if you buy them thru my links, you are free to email and ask me for my additional filters and entry/exit methods.

MBFX

“Trading in currencies is one of the easiest ways to make money especially if you have the best FOREX indicator. This is a program that assists you in identifying currencies that you should place your money on and it can also predict the future trading options. You will have a worthwhile experience because the system will work for you especially if you are starting out in this trade and you have little or no experience. Therefore, you need to go for the best FOREX indicator because there are so many in the industry, some of which have not been tried and tested.

For instance, when you get the MBFX (Mostafa Belkhayate FOREX system), you stand to accrue many benefits. This is a good choice for a person who wants to increase the amount of earnings by using the best FOREX indicator. One of the striking aspects about the creator of this system is the wealth of experience acquired over 27 years he has been in the currency market. He, Mostafa Belkhayate, is an award winner as the Best Trader, 1999 and Best Technical Analyzer, 2009 and 2010. He attributes his success as a trader to using the best FOREX indicator that helped him analyze the market carefully and know when to trade or not to trade. Hence, if you are keen about how you will spend your investment in currency trade, you need such competence that will help you become as successful as this pioneer. In addition, you will get the assurance that you are using the best FOREX indicator that has been tried and tested in the trading floor and has proven beneficial.

This system took 22 years to develop and test on the market to make sure that it was flawless.  Some creators are in a rush to make a quick buck out of traders and they do not check the soundness of their programs. The result is a system that is prone to hackers and other problems. Since the best FOREX indicator has been on the market for years, the creator wants traders to experience the fun of having assistance and decisions you can trust. Its’ strategy is very simple that even a first time trader can comprehend. Hence, you can use it as a scalper (when you want to trade for a day and get your money quickly) or even when you want to be in the market for a longer time observing and trading. The best FOREX indicator will give you graphical representations of the market and offer suggestions about when you can trade.

When the graphs are at the green indicators, you should buy because that’s when the prices are favorable; on the red indicators, it is wise to sell because that is a representation of the high-end prices. More so, when the prices are on the blue indicators of the MBFX, you should seal the deal. When you purchase the best FOREX indicator, you will also get a video step-by-step guide to help you with the installation. This enables you to load and start using the best FOREX indicator as soon as possible. You do not want the good currencies to pass you by.”

Check out MBFX System available ==>here<==

 

Forex Rebellion

Overview:

This system took me by surprise, I must admit, I was expecting more of the same, a woolly, half baked idea put together to sell to others. What I found was an incredibly precise, well thought out system and when I watched some of the videos on the sales page, it was clear that Russ Horn is a trader and a damn good one at that. As my regular readers know, my method of trading consists primarily of scalps and reversals, never have been much of a trend follower, preferring to choose turnarounds, for short and sharp move, which serve me well. Now, this system does both as it can be traded as a trend following system and is good at picking confirmed reversals. This is great as it can often get into a new fresh trend, and those are priceless.

Being keen I immediately put the system to the test in the real world, opened 2 positions and made around 50 pips each in 2 hours. Now 2 hours is a long time for your truely, but I managed to hold my breath and stay in. Needless to say I could have had another 20 pips or so, and that’s what is so good about , I have come to trust it very quickly and am learning to expand my scalper mentality, by taking ¼ position off after the initial push and manage the rest.

Ease of Use:

Ok, if you’ve been using MT4 (Metaquotes free charting package) for a while, you can set it up in a few minutes. If not, Russ has produced a few videos showing you extacly what to do, he’s even automated some of the process for you.

The documentation is great, no fluff, no beating about the bush, easy to use PDF and for those too lazy to read, a load of mini videos, detailing everything, setup, entry, stops, exits, the whole emchilada, this guy is a good teacher too. Each video is only 4 – 9 minutes long and there are numerous live trade videos for those (like me) who learn by example.

The Method:

A highly visual signal is issued for either short or long, entry point is visual too and is ahead, so that you do not enter at market but set a order. The stops are clear to see and are simplicity itself as are the target and trailing once you’re in the money. (In all the trades I took, the price never came near the original stops). Money management is easy, as all is clear and you can calculate sizing accordingly. Of course not all trades will be winners, however, Russ has figured a method to reverse a losing trade and profit from that, brilliant. There are some extra bonuses that help you select a high probability trade and videos on money management and emotions.

Conclusions:

If you are going to spend any money at all on both educating yourself and getting a great system, at $97.00 this is a steal, it’s worth far more in my opinion and I wouldn’t be surprised if demand pushes the price up. See chart below for recent trade.

Forex Rebellion trade

Openbook recent trades here

Get upto £300 cashback for your spreadbets