TradeProfits

Preview of Tom Strignano’s FX Signal

Posted on 16. Sep, 2009 by admin in Preview, forex signals

Back in March 2009 I reviewed Tom Strignano’s eBook, Forex Confidante which you can read here. Overall the book was rather good, and way better than the majority of other forex books on the market. Tom Strignano claims to be an ex-bank dealer, positioned as Chief Dealer, who started his career at Deutsche Bank. This obviously gives him a hell of a lot more credibility than so called forex gurus with no real life experience. Now he is back with a new offer; a forex signal service called Tom Strignano’s FX Signal, and it is a rather expensive one, I might add. He has three different offers, where the main difference is the number of pairs which you will get signals for. The prices starts at $297 per month for two currency pairs, the next offer is four pairs for $397 and the last one is ten pairs for $497. Now the “smart” trader will soon realize that it should be advantageous to go with the last offer; most bang for your bucks.

From what I can see on the sales page, there seems to be a great variety in stop loss and take profit levels. Furthermore, he claims to have made 78% profit within two weeks, and generally generates around 500 pips per day! I guess that is if you go for the ten pairs. On the sales page you also have the option to sign up for his newsletter and receive his Forex 101 guide, and “the catapult for 80 method” for free.

The signals will be delivered through SMS and email, with all the details of the trade. Furthermore, I got an email from him the other day, where he says that they are working on a system, so the trades he take, can automatically be executed on your own MetaTrader platform; and because of this new system, prices should be increasing anytime soon.

I have don’t know what to say about this. The sales letter sure promises a lot! The service is expensive, and soon maybe even more expensive. However, like Bob Iaccino’s Trader Outlook service, it seems to be a cut above the average. But then again, often these people are better salesmen, than traders, and if you believe everything you read, you will be a poor guy within a short period! But then again, his eBook, Forex Confidante was pretty good, and it actually delivered the outlined elements from the salespage. One thing I do know is that for this price, I would like to get a more educational service rather than just signals.

As I said, I am curious! Since Tom Strignano offers a 30 days refund guarantee, I might just give it a shot and see what this is all about. If any of you have tried Tom Strignano’s FX Signal, please feel free to drop a comment.

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Tags: Tom Strignano, Tom Strignano’s FX Signal