From the category archives:

Forex

May 28, 2011

Supreme Signals

Final Review

I have been following a new ForEx signal service since the start of the year; 5 months in to the service feels like a good place to stop and look at what we have.

This service was not expected to issue signals every day, but one to two signals per week is expected. The service has been followed for 20 weeks, in that time either Graham or myself have received 43 signals; so this estimate was spot on.

I have compared my results against Lisa’s results page and we do match bar 4 losing trades 24-Feb to 28Feb.

As usual, the cash-master standard of £10 per pip has been used. After 5 months I am showing a loss of 203 pips or £2, 030, and the costs of subscription has to be added to this total.

I am all for long-tern profits and all that, but I would expect to see a profit after 5 months, and therefore this service has to be filed under failed.

You can join Supreme Signals here:

http://www.cash-master.com/supremesignals.php

0 comments

Filed under Forex,Spread Betting,Trading by Arthur

May 24, 2011

Supreme Signals

20 April to 20 May

Date At Pair Pips Profit
20-Apr 09:59 USDJPY 50 £     500.00
21-Apr 11:08 EURCHF 60 £     600.00
26-Apr 13:27 GBPUSD -50 -£     500.00
28-Apr 13:45 USDCAD -52 -£     520.00
03-May 09:31 EURUSD -45 -£     450.00
03-May 21:35 USDJPY 40 £     400.00
09-May 14:15 NZDUSD -45 -£     450.00
11-May 17:42 NZDUSD 45 £     450.00
19-May 08:01 USDCHF -31 -£     310.00
19-May 22:04 USDCAD -48 -£     480.00
20-May 09:03 USDCHF -52 -£     520.00

 

A loss of 128 pips for this period, making a total loss of 93 pips since I started getting signals on 24th January.

0 comments

Filed under Forex,Spread Betting,Trading by Arthur

May 23, 2011

Boss Forex Signals

£1000 a month profit guarantee?

Yes, you read that right. This is unprecedented in this industry and it’s certainly something I’ve never seen in all my years in this business.

But it’s even more exciting than that. To be able to make this sort of guarantee this service has got to be pretty confident, right? Well they are confident because this is the minimum they make on a monthly basis. In fact, they actually average between £4,000 and £10,000 a month at £10 a pip.

So what’s this all about?

Boss Forex Signals is the new signal service from the author of the Boss Trading Method that we’ve reviewed on the Cash Master Blog very favourably. The method made £7,800 profit during our test and has been getting rave reviews around the web.

Well, a lot of people have been asking for Lee to set up a signal service whereby they can just copy his trades live as he trades them. So he has!

And what’s more he’s so confident in his service he’s offered a minimum 100 pips profit a month guarantee. If you follow his signals and don’t make a minimum of 100 pips in a month, you get that month’s subscription fee back!

Now I’ve seen profit guarantees before whereby if you don’t make a profit, you don’t pay anything. But Lee’s guarantee ensures that you make a pretty decent profit or your money back. So if you only make £900 one month at £10 a pip, then you still get your months subscription refunded.

This is great for people who bet in small amounts too. Even if you only bet at £1 a pip, if you make less than £100 in a month, you don’t pay anything.

But we already know how well this method works, and even at £1 a pip you are looking at an average of £400-£1,000 a month profit. It’s a no brainer.

The service is really simple to use too. All you do is log in to the members area and just wait for the signal. You get an audio alert when a trade is signalled so you don’t have to sit staring at charts waiting for a setup to occur… you don’t even need a chart open. When the signal comes you follow the instructions and open your trade with stops and limits in place. It’s easy as pie and requires no previous experience. Some days you get four or five trades and other days there are none (although rare), as Lee is only interested in trades with a good risk/reward ratio, opting for quality over quantity to keep the pip count high.

Lee is also on hand to answer any questions and help you out if you need any. Plus the members area is full of instructional videos that covers everything.

I can’t recommend this highly enough.

Oh yes, one more thing… there is even a 7 day free trial so you can just watch Lee trade and see how it all works before even paying a penny, even though your subscription is profit guaranteed!

Try out the Boss Forex Signal Service for free here:

http://www.cash-master.com/bossforexsignals.php

 

UPDATE July 14th 2011

A disappointing start to this service with a loss of 329 pips so far on the mid-long term trades and a small profit of 17 pips on the live webinar trades.

This is what Lee had to say about his results:

“Not the start I had wanted…. No excuses as it is my job to call these trades, I will be running live calls showing one of my screens on the webinar for all scalp trades and the longer terms will go through the live feed but I will also show on the webinar and the members blog vids all reasons for entering trades and showing how each decision was made for the longer term trades.

I am very confident in having the best signals site around and I have worked very hard this last week and I am hoping this will pay off.

I have had to give refunds back to many members but I am wanting to start a fresh with the 2 methods one for scalping and the other for mid/long terms.

Anyone who has had a 7 day free trial will be welcome to another one as I will delete the profiles and let another trial be had by any members wanting another look at the new structure.

I will be aiming to help members achieve early goals of 20-40 pips so members will not have to be tied up all day for people only wanting lesser daily targets.

I am also starting a trade copier service this week and I will have an account which can be shown to all that will record all the trades given.

This will mean anyone that has not got time to trade can also benefit. I will give you an update on this next weekend as this will be tested more this week and we will be going live a week tomorrow.

I will welcome any of your bloggers to come and watch the daily webinars and give a real time review.

Looking forward to getting the service going now all the glitches are sorted, the live webinar is a great tool as the delay is only about a second so great for scalping.

Regards,

Lee”

Past results for BOSS have always been excellent, however, in light of the recent results I’m going to re-categorise this service as Neutral and ask one of the Cash Master bloggers to run a fresh test on the new service.

1 comment

Filed under Forex,Spread Betting by Graham

May 22, 2011

Forex Fortune Signal

Week 3 (to 20 May)

Date Currency Buy/Sell ENTRY STOPS Date Buy/Sell EXIT Pips
                 
17-May AUD/USD Sell 1.051 50 17-May Buy 1.0544 -34.0
17-May AUD/USD Buy 1.0545 50 17-May Sell 1.0545 0.0
19-May GBP/USD Buy 1.6222 50 19-May Sell 1.6222 0
20-May EUR/USD Sell 1.4142 70 20-May Buy 1.4212 -70

 

One trade opened this week is still open.

This week: -104 pips at cash-master’s standard £10 per pip = -£1,040

Total: -69 pips at cash-master’s standard £10 per pip = -£690

0 comments

Filed under Forex,Spread Betting,Trading by Arthur

May 14, 2011

Forex Fortune Signal

Week 2 (to 13 May)

Date Currency Buy/Sell ENTRY Date Buy/Sell EXIT Pips
09-May EUR/USD Sell 1.4273 09-May Buy 1.4313 -40.0
10-May EUR/USD Sell 1.4240 11-May Buy 1.4205 35
12-May EUR/USD Sell 1.4154 12-May Buy 1.4154 0
12-May EUR/USD Buy 1.4253 12-May Sell 1.4268 15.0

 

This week: 10 pips at cash-master’s standard £10 per pip = +£100

Total: 35 pips at cash-master’s standard £10 per pip = +£350

1 comment

Filed under Forex,Spread Betting,Trading by Arthur

May 12, 2011

Money Text

This morning’s txt arrived at 9.01am. FTSE straddle Order again. Trade opened at 9.05, closed at 9.20, 9 pips profit.

0 comments

Filed under Forex,FTSE 100,Spread Betting by Terry Shepherd

May 11, 2011

Money Text

Txt arrived @ 8.54am, usual straddle Order FTSE: trade opened at 10.00 am, closed at limit 10.20am, 13 pips gained.

0 comments

Filed under Forex,FTSE 100,Spread Betting by Terry Shepherd

May 11, 2011

Forex Fortune Signal

Forex Fortune Signal

I will be trialing another ForEx signal service for the next few weeks, receiving signals via email.

This service is very simple when there is a trade opportunity, you enter the trades in a suitable spread-betting program and leave it to activate when conditions are met.  Your stoploss and profit targets are contained within the signal. Where the stoploss is moved to protect profits, further emails are received.

The service hasn’t launched yet (it is due to at the end of May). I am told that there will be a week’s free trial and that the subscription will be $97 per month (about £60 at current exchange rates).

I started following this service on the 5th May. Below are results from the website, but these cannot be verified by me.

Date Currency Buy/Sell ENTRY Date Buy/Sell EXIT Pips
12-Apr EUR/USD
June Call
Sell 29.6 19-Apr Buy 5.9 23.7
13-Apr AUD/NZD Sell 1.3281 15-Apr Buy 1.3227 54.0
18-Apr EUR/USD Sell 1.4325 18-Apr Buy 1.4285 40.0
21-Apr EUR/USD
June Put
Sell 20 29-Apr Buy 10 10.0
25-Apr EUR/JPY Buy 120.51 27-Apr Sell 120.98 47.0
26-Apr AUD/CHF Sell 0.9441 26-Apr Buy 0.941 31.0
27-Apr EUR/USD Buy 1.4694 27-Apr Sell 1.474 46.0
28-Apr AUD/NZD Buy 1.3584 28-Apr Sell 1.3614 30.0
29-Apr EUR/CAD Buy 1.4141 29-Apr Sell 1.4111 -30.0
02-May SGD/JPY Sell 65.6 04-May Buy 65.35 25.0
03-May EUR/JPY Sell 119.52 03-May Buy 119.85 -33.0
04-May NZD/USD Sell 0.7899 04-May Buy 0.7867 32.0

A profit of £275.7 pips (£2, 757 at the cash-master standard £10 per pip).

Week 1 (to 6 May)

Date Currency Buy/Sell ENTRY Date Buy/Sell EXIT Pips
05-May USD/JPY Sell 80.25 05-May Buy 80 25.0

This week (1 day): 25 pips at cash-master’s standard £10 per pip = +£250

Total: 25 pips at cash-master’s standard £10 per pip = +£250

0 comments

Filed under Forex,Spread Betting,Trading by Arthur

May 10, 2011

Forex Fortune Signal

I will be trialing another ForEx signal service for the next few weeks. Re received via email, Facebook or Twitter. I am receiving emails.

This service is very simple when there is a trade opportunity, you enter the trades in a suitable spread-betting program and leave it to activate when conditions are met.  Your stoploss and profit targets are contained within the signal. Where the stoploss is moved to protect profits, further emails are received.

I started this service on the 5th May. Below are results from the website, but these cannot be verified by me.

Date Currency Buy/Sell ENTRY Date Buy/Sell EXIT Pips
12-Apr EUR/USD
June Call
Sell 29.6 19-Apr Buy 5.9 23.7
13-Apr AUD/NZD Sell 1.3281 15-Apr Buy 1.3227 54.0
18-Apr EUR/USD Sell 1.4325 18-Apr Buy 1.4285 40.0
21-Apr EUR/USD
June Put
Sell 20 29-Apr Buy 10 10.0
25-Apr EUR/JPY Buy 120.51 27-Apr Sell 120.98 47.0
26-Apr AUD/CHF Sell 0.9441 26-Apr Buy 0.941 31.0
27-Apr EUR/USD Buy 1.4694 27-Apr Sell 1.474 46.0
28-Apr AUD/NZD Buy 1.3584 28-Apr Sell 1.3614 30.0
29-Apr EUR/CAD Buy 1.4141 29-Apr Sell 1.4111 -30.0
02-May SGD/JPY Sell 65.6 04-May Buy 65.35 25.0
03-May EUR/JPY Sell 119.52 03-May Buy 119.85 -33.0
04-May NZD/USD Sell 0.7899 04-May Buy 0.7867 32.0

 

Week 1 (to 6 May)

Date Currency Buy/Sell ENTRY Date Buy/Sell EXIT Pips
05-May USD/JPY Sell 80.25 05-May Buy 80 25.0

This week (1 day): 25 pips at cash-master’s standard £10 per pip = +£250

0 comments

Filed under Forex,Spread Betting,Trading by Arthur

April 8, 2011

FX-180

Thursday April 7th (Day 3)

A nice easy day with one winner:

2% risk amount = £97.36

Stop size = 8 pips

Stake = £12/pip

Proft = +20 pips (+£240)

Bank: £5108

P/L: £108

0 comments

Filed under Forex,Spread Betting,Trading by Les