TradeProfits

Forex Powerband Dominator – Dean Saunders

Posted on 09. Mar, 2010 by Moderator.

Dean Saunders is at it again, this time with another trading strategy which seems to rely heavily on bollinger bands and some key levels for stop losses and profit targets – Forex Powerband Dominator. My guess is that the system is very easy to follow and set up. Dean Saunders is very good in simplifying things, making his systems appealing for the ones who don’t have time to sit in front of the screen the entire day. He typically focuses on systems where trade setups can be located by looking at the charts once a day, and within a couple of minutes. That was the essence of his 10 Minute Wealth Builder and LMT Forex Formula. I have tried both of these systems and with good results. He is one of the guys in this industry who is actually making good and unique trading systems. Forex Powerband Dominator is priced at $129 and I plan on grabbing a copy later on. However, I first want to try his new service Forex Mentor Pro, which is offered at a low price, and has a good amount of 5 start reviews over at Forex Peace Army. I will review both the Forex Mentor Pro and Forex Powerband Dominator within the upcoming weeks. If you want to try Forex Powerband Dominator, grab a copy here, and try it out. If you don´t like it, you always have an 8 week refund gaurentee. If you have tried any of Dean Saunders products, feel free to drop a comment below and let us know what you think.

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Bob Iaccino Seminar with Currensee this Friday

Posted on 25. Feb, 2010 by Moderator.

I have written about Bob Iaccino several times before here on TradeProfits. I have been a member of one of his services Trader Outlook, which I really enjoyed. You can read my review here. Bob Iaccino is a skilled forex trader, and this upcoming Friday, you can join him when he is hosting a seminar together with the social site Currensee. Here are the details of the event:  Read more... (375 words, estimated 1:30 mins reading time)

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ZuluTrade On the Go

Posted on 24. Feb, 2010 by Moderator.

ZuluTrade has been around for some time now and they constantly update their site with new features. Personally I think the look of their website is a bit confusing, specially the way you see the performance of their members. However, I guess it just takes a bit of time to understand everything. One thing is certain; if you like the idea of automated trading, this is probably a better approach than relying on some EA. Automated trading via ZuluTrade will be done by real people, hence they are better suited for market adaptation than some EA will ever be (obviously you need to find the right traders, though). ZuluTrade has now updated their Iphone application, so you can keep track of your account, on the go:  Read more... (217 words, estimated 52 secs reading time)

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USDBOT launching in 30 minutes

Posted on 26. Jan, 2010 by Jakob.

The new expert advisor USDBOT will be released in 30 minutes, at 9 AM EST. I wrote a short preview of the USDBOT before. As mentioned earlier, I have spoken to Mark Trenton and he seems like a cool guy, and he is very excited about the launch. They have added real time results on the sales page, and a short manual which you can download for free. I will probably be testing it in the upcoming days, to see if there is anything to these claims. Check out USDBOT here.

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USDBOT – Another Upcoming Expert Advisor

Posted on 14. Jan, 2010 by Jakob.

USDBOT is a new expert advisor which will be released on January 26th. There are almost new expert advisors out every single day, and the majority of them are not worth the price you pay. Now I have not tried the USDBOT, so I cannot say anything about its performance, but I have been talking to Mark Trenton, one of creators of this new EA, and it seems that they feel pretty comfortable with this launch. Mark is a cool guy, and he was willing to share a lot of information about USDBOT. Although the performance of USDBOT’s back and forward testing will not be disclosed before the launch date, it should, according to Mark have to pretty good results. The USDBOT will be trading two pairs, namely the EUR/USD and USD/JPY and you will be able to follow real time results on the website. The EA will come with a manual and videos on how to install and setup it up properly. Now one thing which is different from this launch compared to other ones, is that they will offer live chat support, so you will be able to get all your questions answered, and get the exact same setup which they use to generate the results posted in the live performance record. I am not a big fan of expert advisors, but I will be checking this one out, especially because that Mark seems to be an honest guy. As the USDBOT will be sold through clickbank, you will always have the option to get a refund, so it might be worth to check it out.

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Bob’s Forex Classroom from Bob Iaccino

Posted on 02. Dec, 2009 by Jakob.

Bob Iaccino is back with a new offer. From tomorrow December 3rd Now you will have the possibility to sign up with Bob Iaccino’s new service, where he will teach you everything he knows about forex trading. Bob Iaccino also runs his other service called Trader Outlook. I tried Trader Outlook some time ago, and you can check out the review here. Bob Iaccino is a good trader, and Trader Outlook was definitely worth the price. Over at the sales page, you can see a short video, where Bob will tell you more about the classroom and what he will cover in the course. I enjoyed being a part of Trader Outlook so I will keep my eyes on this one. Being a member of Trader Outlook will give you access to all the trades Bob is taking, but as the daily session is rather short, there is not much time for Bob to cover the reasons behind the trades. I guess this is what you will learn here. Stay tuned for more updates on Bob’s Forex Classroom.

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Forex Mentor Pro from Dean Saunders

Posted on 30. Nov, 2009 by Jakob.

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MyFxBook – Another Social Platform for Forex Traders

Posted on 18. Nov, 2009 by Jakob.

MyFxBook is a new site for forex traders. The main purpose with the page is to give forex traders an option to analyze their trading systems in several different ways. The platform will give you an advanced overview of your trades, and show it in a visual way, making it easier for the user to interpret. In addition to this, they have a large list of forex brokers with user reviews, and discussions about systems, etc. Overall the site looks really promising. It is still in beta and new features seem to be added continuously. It is free to join, so if you’re tired of MetaTraders standard feature for analyzing past trades, you might want to look into MyFxBook. All you need to get started is to sign up and add your investor password from MetaTrader and you are ready to go. Check out MyFxBook here. I you have tried MyFxBook, please rate it below.

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Profit Mongers – The New Forex Diamonds?

Posted on 29. Oct, 2009 by Jakob.

Yesterday I got an email from Sir Pipsalot, the guy who is (or has been) in charge of Forex Diamonds for some time now. I have written a review of Forex Diamonds before, and I believe that Sir Pipsalot is a great forex trader. In the email, it is stated that they will open a new service similar to that of Forex Diamonds, called Profit Mongers; it says there is a bunch of different reasons for this, but the most important ones are a broader range of services, and a lower price. Forex Diamonds was priced at $300 a month, and Profit Mongers will be $180 a month. However if you are one of the first 100 to sign up, they will lower and lock the monthly price to $150. In addition to this, they offer a trial period of two weeks for $30, if you sign up in October. This seems like a rather good offer, and if the service is basically same as Forex Diamonds for half the price, I think it might be worth it. I might just sign up for the trial to see how it works. Here is a comment I found over at FxStreet the other day:  Read more... (435 words, estimated 1:44 mins reading time)

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Correlation Code Webinar with Jason Fielder

Posted on 22. Oct, 2009 by Jakob.

The Correlation Code from Jason Fielder is coming closer, and I get daily email from IM’ers trying to push this product. As I mentioned in my last post, this does not seem to fit my trading strategy, but the concept itself is rather interesting. More videos have been uploaded, where Jason Fielder is teaching some of his basic ideas around this topic. Anyway, if you think the idea of the correlation code is interesting, Jason Fielder will be hosting a free webinar, where you can see the correlation code traded in real time, and ask Jason Fielder and his partner Anthony Trister questions about the product. The webinar will take place on Wednesday October the 28th; one at 1:00 PM EST and the other at 9 PM EST. Sign up here if you want to hear what Jason has to say.

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