Hi my name is Dee and I’m a new tester for Cashmaster.  I will be reviewing “The Forex Fraud kit” (which costs £147) over the next couple of months or so and post on a weekly basis. It comes with a full 90 day Test Drive Guarantee.  All the information you need is in the manual.  The trading windows are from 06:00 – 10:45 and from 13:00 – 16:00 British time and screen time is needed to identify the trade.  The manual claims you can “walk away from your screen if you have no time to keep watching but in order of preference, limit exits are at the bottom of the list, with trailing stops better and personal trade management best of all”.  I will be using personal trade management.

I’ll be using a trading bank of £635 and record results using £1 per point and using EUR/USD for the trial.  I will not commit more than 2% of my total trading bank to any one signal.  Also I’ll be only considering strong signals, i.e. where the signal indicated in this system is not flat.  I’m an experienced trader but I’ll try my best not to include this in the trial.

Below are the trades starting from 1/7/2013 and I have recorded the price as given by GKFX.  (I did not trade on 4/7/2013 due to US Bank Holiday and 5/7/2013 due to markets being very volatile because of NFP).

Entry date Time (AM or PM) Instrument B/S Exit date

Points W/L

P/L in £

Accumulative P/L

01/07/2013 PM EURUSD S 1/7/13

0.50

0.50

0.50

02/07/2013 AM EURUSD S 2/7/13

-10.40

-10.40

-9.90

02/07/2013 AM EURUSD S 2/7/13

23.70

23.70

13.80

02/07/2013 PM EURUSD S 2/7/13

-6.90

-6.90

6.90

02/07/2013 PM EURUSD S 2/7/13

-9.60

-9.60

-2.70

03/07/2013 AM EURUSD B 3/7/13

-9.60

-9.60

-12.30

As soon as you get the signal, the trade can be set up within a couple of minutes.  However screen time is needed as per trading windows previously mentioned to identify the set up. This system uses the 5 minute time frame  so this may not work for the 9-5ers.

You can get The Forex Fraud Kit with a 90 day refund guarantee here:

http://www.streetwisenews.com/fxfraud/