Preview of FxBossTrading
Posted on 21. Sep, 2009 by Jakob in Preview
Actually I wanted to do a review of Tom Strignano’s FX Signal before this one, but sometimes things don’t always go as planned. So the review of Tom Strignano’s FX Signals will be posted in a week or two. Now back to FxBossTrading.
I get a dozen of requests from my readers who would like me to write about different things related to forex. Lately I got an email, asking if I could do a review of a forex signal provider, called FxBossTrading. I went to check out their homepage. They have a track record from May 2008. So far with no loosing month, and the results looks impressive; every month has been well above 1000 pips! This seems almost too good to be true. They claim to have a success rate of 70-80%, trading two different pairs, namely GBP/USD and GBP/JPY. They will send the signal by email or sms, whichever you prefer. They offer a trial period of 7 days for 50 Euros, and afterwards it is 300 Euros a month.
I went over to Forex Peace Army to see if they had any review of FxBossTrading, and of course they did. The comments about FxBossTrading are mixed, and my first impression was not very good. But as FxBossTrading has allowed Forex Peace Army to test their signals through MetaTrader, you can see the actual performance. I have not gone through the details of every trade, but you can have a look at it here. FPA have been testing them for some six weeks by now, and they state that the average weekly pips are 210, and gross pips is currently at 1788.
I have started a trial with them today and I will let you all know how they perform. So far I am yet to receive my first signal.
I have made an arrangement with FxBossTrading, so anyone who signs up with their service through me will get a discount. All you have to do is signup for my newsletter, and I will send you the link to use. However, at the moment I don’t have any idea how good they are. In 7 days we will see.
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