FX-Review

petersurrey · Posted: Mon May 05, 2008 2:13 pm Post subject:

To be fair to FMS they do listen to suggestions such as the one I made about using a smaller SL and fewer lots which is to be commended. Overall I think this will turn out to be a profitable service but lower leverage is required.

trade queen · Rookie Reviewer Joined: 06 May 2008 Posts: 4 : Items

I've been using Forex Money Signal with very good results - their April performance was great, if they achieve anything near that every month I'll be rich and happy Laughing

Their trading is aggressive and can have high DD as last week showed. I wouldn't trade 4 lots in three open correlated trades but they seem to be amending their style to remove this.

Their loss so far is only a small percent of their overall wins. I agree with Peter that it is going to be profitable provider. They are very new on the market so I'm going to give them a chance and see longer term.

petersurrey · Posted: Thu May 08, 2008 10:46 pm Post subject:

They are having a good week this week with +250 pips locked in and one remaining open ppstion as well..the trick with this system is to reduce the losses by sticking with 2 lots with a 75-85SL and lock in a b/e after +50. They are reducing any correlated pairs to a max. of 2 which should also help. Overall they appear to have a profitable simple system.

trade queen · Rookie Reviewer Joined: 06 May 2008 Posts: 4 : Items

Another good week for Forexmoneysignal.They manage to recover losses from two weeks ago and make a profit of 90 pips.Im going to stay with them for longer.I like the SMS alerts and the fact that it's only one trade per day-you don't have to be stuck in front of PC all day.They have a great signals overall! Keep it on!

petersurrey · Posted: Mon May 19, 2008 10:59 pm Post subject:

Agreed trade queen - they appear to be managing the trades professionally and with fewer open postions. Overall I think they good for the longer term..

sagar · Rookie Reviewer Joined: 10 May 2008 Posts: 2 : Items

im glad tht i subscribed to their signals. I rate them five stars......FMS u guyz are d best.

trade queen · Rookie Reviewer Joined: 06 May 2008 Posts: 4 : Items

Just an udpate. FMS are still rolling. I have been with them since they opened and I must say they are pulling some nice trades these days. 11 wins this month with no loss. Total pip 575 so far. They seem to be doing good since they changed system last year.

Les · Rookie Reviewer Joined: 12 Jun 2009 Posts: 1 : Items

I have been with Forex Money signal for a trial period and now I'm paying for their service.
Their signals are very accurate - very few losses.
Their customer service is also very good. They reply to emails quickly and also keep you well informed about trades as they progress.
A 5 star service!

JACK95 · Rookie Reviewer Joined: 24 Jun 2009 Posts: 7 : Items

I have been with them since April. Signals combined with well working money management. Great and friendly service.

McKeen · Posted: Fri Jun 26, 2009 3:41 am Post subject: Trial subscription

Hi all,

I have signed up for their 3 week trial, will post results as they come!

/ McKeen

McKeen · Posted: Thu Jul 02, 2009 4:58 am Post subject:

First trade with them for me was a nice winner.

Short GBPCHF +100 pips.

SL was @ 100 pips so RR = 1:1 this trade

/ McKeen

McKeen · Posted: Sat Jul 11, 2009 7:54 pm Post subject: Result update

July 06:

Long USDCHF closed @ BE +-0 Pips

/ McKeen

{ EDIT: All trades entered @ market with 100 SL : 100 TP }

McKeen · Posted: Sat Jul 11, 2009 7:55 pm Post subject: Update 2

July 09:

Short USDCHF +70 Pips.

/ McKeen

{ EDIT : Manual close after mail recieved to do so }

McKeen · Posted: Thu Jul 16, 2009 5:35 am Post subject: Update

July 13:

Long EURJPY

Manual close @ BE ( I got +2 pips )

July 14:

Long USDJPY

Manual close @ +45 pips ( I got 56 pips )

---

If you peeps follow another thread here where I am active I mentioned knowing just 1 single service providing a true verifiable result. This is the service I meant and the link is here: http://forexmoney.mt4stats.com/

This is said to just be an example of MM-strategy and an overview of their recent calls, but it mirrors their performance-table on site very good.

/ McKeen

petersurrey · Posted: Thu Jul 16, 2009 2:53 pm Post subject:

Nice start Mckeen - do they trade 24/5 or at specific times?How is the R:R?

I note that his service has had a few re-incarnations -hopefully this one will last the course..

Thanks for the updates.