About Forex Reviewer Central Website
As an avvid forex trader for 3 years now, I've bought and experiemented numerous forex products and services. Some where pretty darn expensive experiences and its my goal for future or new forex traders to use this site as a resource to check out before spending their hard earned dollars on any forex product/services. It will hopefully help make your purchasing decision more wiseful and not make similar mistakes I made in the past.
Sincerely,
Jay Visaya
Review Items
Forex Trading StrategiesForex Trading Machine - Avi Frister has released a Forex trading strategy called Forex Trading Machine. Some highlights to the system are:
- Utilizes PDFT, or Price Driven Forex Trading
- Includes Forex Cash Cow Strategy, for swing traders
- Includes Forex Day Runner, for day traders
- Includes Forex Flip and Go, for scalping traders
- All trading rules are 100% mechanical
- No indicators required, just price action needed
- No requirement to spend 24/7 looking at charts
- Strategies avoid entering trades on choppy days
- 9 Instructional Videos illustrating strategies and trading rules
- 56 day money back guarantee
Bonus #1 - Report for trading the Non-Farm Payroll Report Profitably
Bonus #2 - Trading For Beginners by Mark McRae
Wizetrade Forex - I believe this software package was also called 4x Made Easy. The parent company, Wizetrade, has since changed their branding and positioning of their suite of trading products. It would be interesting to hear if these changes have improved the quality of the products. As of today, we can expect the following for $99/month subscription fee.
- Lifetime software upgrades
- Technical and customer support
- Personal orientation from a trainer to help install and navigate through the software
- Online training classes
- Real-time paper trading system
- Access to Wizetrade TV, for live market analysis
- Quick Reference Guide
- Online tutorials
- Access to their online web community
- Free attendance to nationwide training seminars
- Forex Data Feed
Profitable Trend Forex System - Profitable Trend Forex System is a trading strategy created by John Chen. This strategy's main highlights are the following:
- Easy To Understand Trading System, clear entry and exit rules and advance money management rules
- Strategy works with currency pairs and/or futures contracts, and any timeframe
- Unlimited support
- High success rate
- 8 week money back guarantee
Forex Autopilot System - Forex Autopilot Systems is an automated trading system. Literally, this trading strategy claims to have three steps:
1) Download the Automated Trading Robot to your hard disk.
2) Install and configure within minutes
3) Watch the robot trade your forex account
Free 8 week trial period is available to try out the robots and observe its performance. Owners of this robot require only trading screenshots to process any refunds within the trial period.
The following two bonuses are currently available as well:
1) Non-farming payroll robot add-on
2) Ultra trend Robot
3) $500 credit to a newly opened forex broker
Forex Robot Trader - Forex Robot Trader is an 100% automated trading system running on Metatrader 4 platforms. Below is a list key features that this trading system supports:
- Automatically searches for counter trends between the monthly and 5 minute timeframes.
- User adjustable to set to trigger on closed or unclosed candles!
- All TP and SL are invisible to broker. (no hunting allowed).
- Trailing stop loss feature is available.
- Automatically detects when market changes from trending to ranging and switches into a different mode using pre-determined settings to trade the new market effectively!
- Ability to take full profits when TP target is triggered with color change based on choice of timeframes.
- Broker spread widening detection option to halt entries if spread widens by "x" pip amount.
- Its been stated on their website, it hasn't lost a single trader since 1.5 years. Check out their performance data!
Universal Market Trader - Universal Market Trader is a home study course thats comes with a massive DVD-ROM outlining the strategy, how to set up the few indicators they provide, and hours upon hours of examples of trades about implementing the strategies under varying trading conditions and various markets. Below is a summary of the highlights about this trading strategy:
- Core strategy that can be implemented to forex, futures, stocks/options, and any timeframes.
- Course has a monthly fee in which you receive a monthly DVD-ROM that will outline advance strategies and exposing different profitable markets
- Forum support with other Universal Market Traders
- Two days a week there is a live trading session with mentors that trade real market conditions and in real time
- Website has a chat room, open 24/7 for fellow Universal Market Traders to virtually meet and discuss strategies and experiences
Looks like this product has been taken off the market now, but forex.reviewercentral.com visitors have a back door order link in case folks are interested in taking the strategy for a spin. Look for the links to the right of this review page if interested.
Forex Mentor - Forex Mentor is a home study course for the newbie forex trader. Peter Bain, the author of the course, educates the use of basic technical analysis tools to determine risk and thus maximizes the chances of a profitable trade. The course comes with the following items:
- Instruction manual outlining how "The Big Dogs" trade.
- 20 Hours of interactive videos.
- 6 free months to Peter Bain's membership site
- The "Forex Supplemental Guide"
- 3 hours of live trading with Peter Bain DVD
5EMAs Forex System - 5EMAs Forex System
Below are some highlights of the system:
- Proprietary accurate formula not found in any standard trading system, or books/trainings
- Easy implementation, most traders can implement strategy after a day from reading the strategy
- Flexibility: Can be adapted to day trading, scalping, or swing trading
- Freedom from watching the markets 24/7, profit from forex trade even with a day job
- No black box formula, system and trading rules will be revealed
Bonus #1 - 5EMAs Expert Advisor included for Metatrader platforms
Bonus #2 - 5EMAs Advance Module
Bonus #3 - 5EMAs Successful Trading Guide
Money Back Guarantee for 2 months!
Testimonials From forexpeacearmy.com
| I can’t believe the
previous comments about this system ... I've been using it for over
9mths now and getting consistent results. I've an average of 78% winners, so what the hell are you other guys following? Sure it took me a few weeks to get to grips with it, plus I use mt4 for the main signals then put the trade on using IGIndex which is a pain in the backside, but that’s my choice. |
- Garry, UK
Find out more about the system here: 5EMAs Forex Trading System.
Forex Profits - Forex Profits is designed by Dr. Jeffrey Wilde and his system has the following highlights and benefits:
- 100% fully mechanical system: No subjectivity!
- Illustrates how to use the MACD indicator in a 'fool-proof' way
- Uses candlestick theory with the system
- Every trade always has a known max loss
- 3 exit strategies are included to help maximize profits
- 8 week money back guarantee
Bonus #1 - 10 Instructional Videos
Bonus #2 - Free Course Upgrades
Bonus #3 - Free Going Education
Testimonials from forexpeacearmy.com
"i really love your system.. Its so profitable and very easy..
i ve tested it, 30 1h 4h daily chart.. still gives good signals. so nice especially for major pairs.. but i tested with GBYJPY, its not good enough. But this system gives me about 7 : 3 winning ratio for major pairs.."
- Firman Mangasa S, Indonesia
Find out more about this trading system here: Forex Profits
Forex Goldmine Robominer - The RoboMiner is a EA for Metatrader 4. It is ideal for a retail user who has not had a lot of forex trading experience. Other than the unlock code, there are only 3 settings that are relevant to the day to day operation, and they are set by default, so that it is possible to run the EA right out of the box.
The RoboMiner trades only the AUDNZD currency pair in a custom grid-trading system. The built in money management system is intentionally so conservative as to make trading with this EA a very low risk proposition in comparison with other forex trading systems. The AUDNZD currency pair could literally climb to the highest price it has ever traded at historically, and then it could fall to the lowest price that it has ever traded at historically, and your account will not margin out, provided you have not changed the settings from their recommended levels.
Another big selling feature of the RoboMiner is that it requires no attention on the part of the account owner once the EA begins trading, other than to make sure that your computer is on, your trading platform is open and is connected to the Internet. You can literally go for weeks without having to intervene in your trading account in any manner. This is truly a trade-while-you-sleep proposition!
The RoboMiner is available for a free demo download at this website. Simply sign up for a free membership, and you will be able to download a fully functional copy of the RoboMiner EA that will trade on any demo Metatrader account. There is a setup video within the website that takes you through the whole process of how to set it up, and there are a number of FAQs as well, which should answer any question that you would have.
Forex Killer - Forex Killer is a black box forex trading signal program created by Andrea Kirchberger. The software requires manual input of the currency pair's price data, or if Metatrader is used, its price data can be exported via .csv and loaded into the software. After selecting the currency pair and time frame within the Forex Killer software, press calculate and short and long term probabilities are calculated along with stop and target prices.
Also A basic forex e-book is included, and various additional forex strategies that uses the Forex Killer software.
Forex Commander - This is a recently released home study course for the Forex traders. According to the salesletter, you get the following when ordering the system.
- The Affluent Desktop Currency Manual
- The Affluent Desktop Video Teacher
- Mechanical Discretion PDF Manual
- Mechanical Discretion Video Set
- The Master Method Video Set
- The Dynamic Gap Method Video Set
- The Bonus Royale CD
I've noticed significant marketing buzz from various forex product owners about this home study course. It would interesting to learn about anyone's experience and results of this product.
Forex Profit Accelerator - Looks like Bill Poulos just re-released his Forex Profit Accelerator product! Apparently, its a home study course that teaches 4 successful trading methods. According from its sales page, your order will come with the following:
- 7 Instructional CD-ROMs (Background/Overview, Instant Pips Method, Pip Maximizer 1 Method, Pip Maximizer 2 Method, Pip Reversal Method, Brining It All Together, and Trading/Forex Basics)
- Reference Manual
- 4 Trading Blueprints
- Quick Start Guide
- 1 Year Of Unlimited Email Support
- Access To Their Member Website
- Head Start Guide and Videos
- 30 Day Free Access to their Pip Feeder service
- The Forex 4-Pack
Ultimate Swing Trader - Netpick's Ultimate Swing Trader
The creators of Universal Market Trader, or UMT, has now released another trading system aim for swing traders. Similar to UMT, this trading system can be traded across multiple markets using the same indicators with great results. Since this product was limited in its initial launch, not much information has been shared. If you purchased this product, please leave any inputs for your fellow forex traders!
Some testimonials below about this trading system:
“I’ve been using the UST for just over 3 weeks now and I’m really happy with the simplicity of it and the great results that it’s produced. I set my trades up in the morning (AUS) and check the trades later in the day and just before I go to bed….that’s the great thing about swing trading, I don’t have to watch a screen all day. The best part of the UST is that each set up has a clearly defined entry, stop loss and three profit targets. The UST provides me with a simple plan to follow, and some great money management tips, along with nightly updates of the trades that occured…..how cool is that…I can cross check my results with the those of the support teams, and I’m excited to say that I have been getting the same results…I have no hesitation in recommending it, especially for newer traders or those struggling to make consistent profits.” (David McCulloch)
Being a neophyte I struggled to make a profit in the Forex Market. I stumbled upond an ad for UST site and took the leap of faith. Now I am Averaging 50-100 pip gain per day. I trade in minis for now but with the training and superior advice that I receive from UST I will be trading full lots in a matter of days. Anyone looking to enhance their trading ratio should take a close look at UST. You can not go wrong with this one. As all of the gurus say Find someone or something successful and you will become successful. UST is for winners. (Bill Podelco)
To learn more about this trading system, or attend any one of their webinars demoing it, please click on the following link: Ultimate Swing Trader Blog
Forex BrokersOanda FxTrade - - Low spreads regardless of what type of trader you are... Day, swing, or position traders will equally appreciate the low pip spreads. E.g. EUR/USD spread can be as low as 0.9!
- No trading desks, and quick execution times
- No minimum deposits and accepts in trading in "mini lots"
- Second-by-second interest: Perfect for carry traders!
- Open forex community available to all forex traders. Share strategies and experiences with other Oanda forex traders and get unbiased and valuable feedback.
FXDD - FXDD is another Forex broker that can run with the Metatrader platform. They have free demo that anyone can apply for. They have an excellent learning center and where you can find tons of content related to:
- Forex tutorials
- Forex Webinars
- FXDD training events
- Various Forex articles
Some major features in using FXDD are:
- Competitive Spreads
- Multi-lingual support
- 24-hour support
- Standard, mini, and micro accounts available
- Auto execution solution for systems
- And more!
EToro -
About eToro
eToro is a forex trading platform developed to cater to the emerging retail segment of the forex market. With its simple style and exciting trade visualizations, eToro is the perfect platform for a novice trader to get his first forex trading experience. With its great array of professional forex trading and analysis tools, eToro is also the perfect platform for experts in the field who want to trade comfortably and reliably. eToro has developed a truly intuitive interface that lets traders concentrate on trading instead of messing around with bulky and overcomplicated software.
It's important to mention that eToro also offers an educational experience, so novices can gain knowledge of the forex market and eventually become pros if they're so inclined. eToro offers forex trading guides, forums and video tutorials to facilitate their traders' progress. eToro also offers an unlimited practice mode where both beginner and seasoned traders can sharpen their skills and test their strategies with real market rates.
Overall eToro have successfully designed a software that caters to a very wide segment of the forex trading public. eToro is bound to remain a leader in the forex industry for a long time to come.
eToro's features:
Visual representation of trades: Monitor your trades with ease by watching creative visualizations of your trading activity.
- Practice mode: Test your skills and strategies by trading with live rates, without risking a cent.
- Trading Challenges: Compete against fellow traders for cash prizes - with no entry fees.
- Trade: Enjoy immediate and accurate execution with all your trades.
- Low Spreads: Save a fortune on eToros super low spreads - as low as 2 pips.
Charting SoftwareTrading Solutions - Trading Solutions is a charting and analysis software that can be applied to any liquid market, forex especially. Whats unique about this software is that it combines technical analysis and neural networks to help evaluate when is the most probable time to enter and exit trades. Luckily there is a free evaluation download to folks to try. Check it out and post a review about it!
Below are some high level features that you can expect in the software:
- 250 built-in technical indicators
- Customizable analysis to accomdate varying trading styles
- Software can be used with any data source and any timeframe
- Real time data can be supported using E-signal
- Flexible charting tools, and customizable spreadsheets
- Solution Service is free to provide daily trading signals and commentary
Top Gun Software - This charting software for the forex market has the following features:
- FX Multimap and Forex HeatMaps
- Trend Snapback Trading System
- Statstical buy/Sell Analysis
- How to use Anfrews and Modified Pitchfork
- Know where your competitors have their positions
- Statistical volatility
- Probability Bands
- Trend Channels
- How to use the Squat bar and Trend Reversal
- How to use Fibonacci analysis
- Daily, Weekly, and Monthly Pivot Points
- How to spot real support and resistance levels
- How to scalp forex market using tick charts
Apparently, if you lease the charting software through there recommended forex broker and trade 10 lots a month, forex data feed will be waived by E-signal. Otherwise, you'll need to purchase a license to use their charting technology and trading systems.
Tradestation - Tradestation
Tradestation is a charting platform for equities/options, futures, and forex traders.
- Create unlimited custom trading strategies
- Backtest and optimize your trading strategies
- Automate your trading strategies
- Rated 4.5 by Barron for best online broker
- Deep discount commissions for traders opening up and broker account with Tradestation
- 100's of indicators and strategies already preloaded
- An incredible forum for interacting with other Tradestation users
- Monthly charting fees will be waived if enough trades per month are executed
Didn't see the Item you would like to review? Suggest one!
Top Rated Items
Average Rating |
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Forex Commander ( 1 Review
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Forex Goldmine Robominer ( 3 Review
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eToro ( 3 Review
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Forex Autopilot System ( 2 Review
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Universal Market Trader ( 2 Review
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Forex Mentor ( 3 Review
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Forex Trading Machine ( 2 Review
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Forex Robot Trader ( 9 Review
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Forex Profits ( 1 Review
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Wizetrade Forex ( 2 Review
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