System Operation

This is a manual trading system that leaves full control of all trades in your hands. The course provides very detailed and well defined directions. Direction is provided on profit goals, stop losses, market entry signals and risk management.

The system analysis is determined by price and has no dependence on lagging market indicators. Stated system objective is to attain a 10 to 30 percent increase monthly in your portfolio. The inclusion of 2 different trading systems allows for more trading opportunities.

Unlike day trading systems, the 10 Minute Forex Wealth Builder does not require you to monitor accounts and trades for hours at a time. In fact the “10 Minute” portion of the title emphasizes the need to use only 10 minutes daily for account setup once you have familiarized yourself with the course materials.

Upon setting your market entry and exit points, the system can be configured to automatically trade through your broker without requiring any more attention from you until the following day.

More than just saving you time, setting the trades this way prevents emotional components from affecting your trades. By entrusting the system to automatically trade for you based on the system guidelines, the temptation to intervene because of fear or greed is reduced if not eliminated.

Some Caveats

Managing money competently in tandem with a good trading system is critically important. Dean Saunders discusses both aspects in this system. You are advised to pay attention to money management practices within the system and to think twice before taking on risks above the recommended levels.

Make sure that you follow the exact sequence of the training. Even if you feel that you already know certain topics, resist the temptation to skip sections. In this system, as in all systems, making a few alterations and deviations can impact your profits. The basis of any trading system’s success is consistently applying the same, exact, proven system over time.

User Level

In deference to truly newbie users, the system also provides 2 videos to introduce the process of opening demo accounts as well as the usage of charting software. These beginner tutorials can be skipped if you are already familiar with these topics, just be sure not to skip any sections that relate to the trading system itself.

There is an absence of the usual fluff often included in other training sources. Most of the material relates directly to the implementation of the two systems, which allows you to get up and running quickly.

The LMT formula is essentially a set of FX training aids and tools that work together as a system to generate indicators for fx trading. The system interfaces directly to the Meta Trader 4 platform.

The LMT forex formula involves a revelation that came to Dean. It simply states that in successful forex trading, “the secret is utilizing the convenience of automation but with complete human control…”

The LMT forex formula software performs the following functions:

- verify long term trends to confirm that your trading pattern correlates with the big players

- calculate point of entry

- calculate the exact stop and take profit values as premised on the present complex market situation

- utilize dynamic trailing stops to maximize your time in the trend

- requires you to trade for 15 minutes or less at a sitting.

The software can handle these functions but still leave the control with you.

Dean Saunders forex support is available via email with a target turnaround time of 24 hours.

The system is setup like this: you can begin downloading the ebook immediately after ordering. While going through the ebook, you will encounter download links to the pertinent video for that section of the book.

For example, the ebook might describe charting techniques or the charts themselves. On that same page, a link will point you to the descriptive video online which will educate you further on the topic in the ebook page.

Strong points

While the ebook is a good 84 pages, the text is a relatively easy read since a large portion of it is devoted to illustrations and charts. Essentially, it’s a single system where the objective is to increase your daily holdings by 5% via latitude lines and candlestick charts.

At first, 5% seems like a paltry amount but, if you extend your calculations, a different picture emerges. This means that in the absence of losing days, your money will double on a 17 day cycle. Thus $100 becomes thousands of dollars in a 90 day period.

However, losses are inevitable, a fact you must consider as gospel truth lest you be enticed to engage in risky, illogical trades just to achieve the theoretical projected returns. To keep things under control, the George Smith forex approach emphasizes that you should not be trying for more than 5% gains per day. This keeps things growing at a steady but relentless rate.

The first couple of chapters of the book will likely be skimmed by veteran foreign exchange traders eager to view the videos to implement George’s system immediately. Novices on the other hand are advised to follow the sequence gradually as designed and to view all the training videos.

Explaining all the elements of the system in a concise and uncomplicated manner is the strongest point of Forex Trading Made EZ (Easy). It dispenses with unnecesary details such as foreign exchange trading origins or discussing the pros and cons of various currency pairs. The focus stays on essential knowledge that will produce profit, no more and no less.

However, for those who wish to study basic forex theory in more detail, the introduction of the ebook links to a free downloadable ebook that provides this.

Weak points

The single biggest weakness of the Forex Trading Made EZ (Easy) system has to do with the temptation of novices to just go directly to videos without fully comprehending the ebook. Those who do this may be intimidated by the numerous charts and complicated techniques later in the book, if they have not fully absorbed the introductory sections.

You would be well advised to ensure that you begin from the very start of the book, then watch and absorb every video in the proper sequence so that you can evaluate and apply each and every tactic one step at a time.

While George Smith does not recommend demo accounts, we are of the conviction that novices must employ demo accounts while trying out a new system to ensure that everything is crystal clear to you before you risk any real cash. In the long run, this potentially saves you money that might otherwise be lost due to fundamental misunderstandings the system.

Customer Support

There is an optional notification list that you can join upon ordering the product. This enables you to receive support as needed. This also includes the opportunity of communicating with George Smith directly to clarify something or to ask for assistance.

Aside from this, signing up for the list includes receiving updates that explain concepts and techniques, his latest ideas, and it points you to new material such as new videos every so often. When ordering Forex Trading Made Easy, see to it that you don’t miss out on any of this by making sure you opt in to his list.

From all appearances, George comes across as a well disposed chap eager to help out. Don’t forget though that this is not some big trading company you’re dealing with. George is a retiree, pressed for time like all the rest of us. He will not be available 24/7. Make allowances of a couple of days for him to get back to you on any queries you may have.

The Forex Ambush 2.0 service provides fx trading signals services. This is accomplished with the use of an advanced artificial intelligence engine. The engine is said to have undergone 3 years of development harnessing the skills of a group of 31 traders at a cost of over 2 million dollars.

Specialized FX trading knowledge is not a prerequisite for using the service. All that’s required is a trading account. You are then expected to execute trades immediately based on the signals that will be provided via email or SMS.

The developers offer a 60 day return policy via Clickbank (see below). During this trial period, we advise you to make use of demo accounts to evaluate the system without risking actual money.

The service comes with free premium customer support.

Fundamentally, Forex Automoney is a forex signals service. However, the sophisticated software it uses to generate forex signals have a lot in common with those used on forex robots.

A significant difference though is that forex robots require software installation and configuration on your PC while Forex Auto Money has no such requirement. Data processing and analysis is done on the Forex Automoney machines and all you need basically is just an internet connection. You can work from any PC, even in the public library.

You select the trading timeframes which can be any or all of the following timeframes: intraday, daily or weekly. Signals are generated for 18 major currency pairs and you can opt to use them all.

After signing up with Forex Auto Money and a broker, the system needs minimal user participation. The Forex Automoney system automatically generates signals and only requires the users presence to open and close trades.

The Forex Auto Money system requires little basic knowledge from the user to begin using the system. Any knowledge that may be needed to understand forex trading is provided in the members section. We recommend that you explore this area thoroughly. Your trading experience will be enhanced by making use of all the trading videos and information available inside the members area.

Signals are generated via computer modeling software based on an “evolving cyclical model” that employs sophisticated algorithms. It processes data generated from the trading behavior of large trading groups and applies them to the market.

The system has a 3 day trial period for $4.95. This gives full access to all the signals and can be used with demo accounts to ensure that your actual money is not put at risk during the trial. After 3 days, the full price of $99.90 / month is charged. The charges are governed by Clickbanks 60 day return policy (see below).

Some of you may know Dean Saunders from the well received LMT Forex Formula.

This product, the Blade Forex Strategies is a collection of 3 systems developed by Dean.

These are:

1. M5 Scalping System - this system is concerned with scalping or maximizing profitability from 5 minute charts.

2. 4H Breakout System - deals with techniques regarding breakout. Selecting the optimal entry and exit point. This system deals with the 4 hour charts.

3. Divergence System - deals with identifying and getting in on trend reversals.

These 3 systems are based on one concept, that most professional forex traders give the most attention to certain key support and resistance levels and their relation to specific moving averages.

Along with the 3 systems, you will also receive what is called ‘Easy News Trader’ which is a trading system that trades based on news.

The components of the Blade Forex Strategies will essentially immerse you in 4 important aspects of Forex Trading. No black box trading is involved here. You take a very proactive role in deciding the timing and nature of your trades.

This FAP WINNER review will look at the different elements that comprise the FAP Winner Trading System to determine the overall value to you, the end user.

The core of this system is the FAPTS Forex Autopilot Trading Strategy Expert Advisor. Aside from this EA software, the most basic membership level of Silver has several other inclusions:

- FAP Turbo Settings and support
- access to the FAP Winner Members Area and discussion forum.
- free access to the FAPWINNER weekly mentoring and live webinars.

FAPWINER is one of the largest online groups of serious forex traders who use the Forex Autopilot system.

The FAPTS uses an optimized version of the Forex Autopilot Expert Advisor system and includes numerous trading aids such as trading calculators, currency converters, market analysis and other tools for trading FX.

The FAP Winner system is a fully independent software robot that trades on autopilot 24/5. You attach the robot to a chart in your brokers trading platform after which it will trade automatically. This system is optimized for use with the Metatrader 4 platform.

Use of the system requires basic FX trading knowledge. Once you become a member, you will get access to their Learning Center which is an extensive storehouse of updated forex articles and tools. The FAPWINNER system provides everything you need to be a well informed FX trader.

You are also given 60 days to evaluate the system. During this time, the people behind FAPWINNER suggest using demo accounts. They also suggest backtesting the system to see for yourself past system profitability.

Support via email is provided by the company.

The Surefire Forex Trading Challenge is a conglomeration of the different trading systems and techniques used by the top performers in the Surefire Trading Challenge. The competitors are basically novices who have used the trading techniques and systems that can be found in the members area of the site. All the details of the winning system will be made available to you upon signing up.

The members only site gives you complete access to all of the winning systems. You also get access to a vast array of resources from beginners only items to video training and other forex trading courses.

Membership also gives you access to a forum where you can get information from the winners and other seasoned traders.

Upon joining the Sure Fire Trading Challenge, you are given a personal trainer. This trainer will be there to guide you through your trading career.

The Surefire Trading Challenge site is essentially a large forex university that is continually updated with the latest trading systems and techniques. In short, there is a wealth of trading knowledge there for the taking. And that is the operative word. You must take the knowledge and use it. It is not a turnkey system and maximizing the resources will require some time and effort from you.

The Supra Forex Trading System is forex signals service and online software which provides the following:

- exactly where to enter and exit trades

- where to place stop losses

- when to move to breakeven point

The Supra Forex software is not a Metatrader Expert Advisor. The software works with any broker and does not require any special trading platform. It also works with any charting package you prefer.

With the Supra system, you can trade any of 20 forex currency pairs and Spot Gold.

The Supra forex system can be used by beginners and advanced traders alike.

There are several bonuses included with Supra Forex. The bonuses are useful resources for traders of all levels.

According to the developers, the Forex Loophole is a system that is so simple that 16 year olds can make use of the system effectively. The system involves purely mechanical trading and ensures that emotions do not play a role in your trading.

This is accomplished by restricting your involvement to setting your trade entry and exit points, after which you just patiently wait for completion of your trades.

It involves a simple 4 step process:

1. You spend 10 minutes each night in front of your PC to review the market. It’s a black and white process that involves simply scanning the charts.

2. You confirm the presence of 2 special “in the money” conditions.

3. Given the presence of the above, you will open a trade at the exact points that the system will specify.

4. You finalize the orders.

It’s a simple set and forget procedure which makes it ideal for those with day jobs.

The process is mechanical and requires no analysis of indicators. The people behind the Forex Loophole system maintain that the secret to the systems success is its simplicity. As with any forex system it relies on the system generating statistically more wins than losses.

The 5 EMAs forex system is flexible enough to be useful for day traders or swing traders. The system also integrates a money management approach unique to the 5 EMAs forex trading system. The combination of this approach with the system enhances the potential for generating good returns while minimizing risk.

The 5 EMAs system can be used by novice and veteran traders alike. The course manual is designed to take the novice by the hand and guide them through the implementation of the system.

Essentially, in the 5 EMA forex system, you will take a proactive role in your trading. The reasons and rules behind the system will be made clear to you. The process of trading will be under your complete control.

There are 3 major forex markets, London, NY and Japan. The largest among these is London. So the London Forex Rush System focuses on the “rush hour” in London, specifically, the first 2 hours of trading. This is because the largest moves of the market happen during the first two hours.

The Al Russell Forex Rush system is a highly specialized system that is concerned only with momentum moves in London within a particular time frame, and in only one currency, the Sterling pound.

Yes you read that right, the system trades exclusively Sterling Pound Currency pairs.

The reason for this is because Al Russell believes that the only way to make money is to specialize in one type of trading.

The London Forex Rush system is a full forex system with custom indicators for the Metatrader 4 platform. Aside from the forex trading system, it also integrates money management into the system.

This is the sequence when you trade using the London Forex Rush system:

1. Wait for London Open
2. Read the Indicator
3. Enter your trade orders
4. Analyze your results

It’s a unique system that may appeal to traders who wish to specialize in a unique forex strategy.

The Dave Curran Forex Avenger System claims to provide the following benefits:

- Trades with 82.69% accuracy

- Withstands any market condition

- Is 100 % mechanical

Aside from using the trading system, you can try your hand at a compounding effect to increase your profits. In short, you add your profits to your initial capital in order to generate more profit.

Dave Curran also shares several so called Master Secrets:

Master Secret #1
“Don’t think like a fisherman … Think Like A Fish”

Master Secret #2
Albert Einstein once said:
“Everything should be made as simple as possible, but not simpler”.
His whole system revolves around just one chart.

Master Secret #3
Always Trade With The Trend

Master Secret #4
“You can’t fire a gun with no bullets and you
can’t trade an account with no money!”

Master Secret #5
You have to be disciplined enough not to get carried away when you are successful and not become suicidal when you lose.

Master Secret #6
Think like a Hunter

The Forex Avenger system requires very little knowledge and time to implement.

The whole system is composed of two elements:

1. The Forex Avenger System

2. The Set N Sleep System

The main element required from you is the ability to follow the system rules exactly, which means trading objectively. The success of any system depends on the consistent and proper execution of trades once indicated by your chosen system.

A significant feature of the Forex Assasin system is that it only requires participation from you on a weekly basis.

It involves four simple steps, as follows:

Step 1: Each and every Saturday you extract exact prices from the market. This is a black and white process which takes less than 1 minute to do.

Step 2: You take those numbers and plug them in to the proprietary Forex Assassin formula.

Step 3: The formula spits out the recommended entry, take profit and stop loss prices.

Step 4: You set the orders with your broker (based on the prices Forex Assassin provides you with).

It’s a simple, set and forget system that is 100% mechanical. It operates on just 7-12 trades monthly making it ideal for those with day jobs.

The system is aimed directly at newbies and guides them through the process step by step. The use of demo accounts and where to open them is also covered thoroughly to ensure minimal risk while trying out the system.

The Forex Assassin system works in any country and with any currency pair. There is no decision making involved as trades are determined by a purely mechanical process.

Forexyard for instance, allows you to open their Supermini account for as little as $100. Easy Forex on the other hand requires $200 to open a Mini account.

Forex mini trading is by way of “mini lots”. Standard Forex accounts have a pip value of $10 and so a market movement of 100 pips in a movement favoring you would result in a $1000 profit. In mini accounts, $1 is the pip value so positive movement of 100 pips would net $100 for you.

For those just testing the waters, mini accounts would be ideal. While there are demo accounts around that do not require any funds to open, mini accounts have some desirable characteristics.

Although not risking alot, you will still be using honest to goodness money. Using it allows you to trade in a manner that will mimic your trading behavior in the event that you decide to open the standard forex account.

You risk nothing with a demo account. This play money is often not traded seriously. As a result,the whiz traders using demo accounts lose miserably when using a standard account with actual money.

So a forex mini trading account, since it uses real money, will tend to reveal more accurately your actual behavior once you move up to a standard account. Its an actual trading situation that will hone your skills while at the same time not risking a great deal of money.

So you don’t defeat the purpose, you must, for all intents and purposes, use the same kind of risk analysis and have the same respect for the mini as you do your standard account. This gives you the discipline needed to succeed in forex trading.

Finally, when you are satisfied with the returns on your Forex mini trading account, you can consider moving up to the standard account knowing that you now have some real trading experience under your belt.

Here are some forex mini trading enabled platforms for you to consider:

1. Forexyard trading platform

2. Easy Forex Trading System