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Author Topic: signals-forex.com  (Read 10002 times)

Offline Jass

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signals-forex.com
« on: February 18, 2011, 11:29:45 AM »
Hey guys,
did anyone of you tried signals-forex.com ?
So far, it looks nice.
Here are their results for February:
Forex Signals Results - 2011 February
pls comment
Jass

btw: is it usual that your account is deleted if you do not login for, say, 1month?

Offline badbactim

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Re: signals-forex.com
« Reply #1 on: February 18, 2011, 03:55:53 PM »
ok - mr impatiant here ! ;D
Ive taken the plunge on a 10 day trial
I emailed the company a few questions which there responce was immediate and impressive. It seems its not a signal provider as such, but they give you the " source " of where to place trades. Good in that you are learning the system.

Its there intention to have a live trades monitor where members can see the " their " actual trades and then a trade copier service, which due to my other work comittments is what i will need short term

So I will advise on my results and findings

cheers

Offline Jass

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Re: signals-forex.com
« Reply #2 on: February 18, 2011, 06:19:05 PM »
Go on :D

Offline jgadefelth

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Re: signals-forex.com
« Reply #3 on: February 18, 2011, 09:08:18 PM »
As usual im intrested in  something that can turn out to be something good   keep posting please and thanks   :)

Offline jamestan1978

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Re: signals-forex.com
« Reply #4 on: February 20, 2011, 06:34:19 AM »
Isn't this the clone brother of a signal provider we ever discussed in this forum before? The signals provide turning points but you need some super small lot size or super huge account size to trade the turning point?
I just cannot remember the name now...

Offline Jass

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Re: signals-forex.com
« Reply #5 on: February 21, 2011, 09:27:27 AM »
@ jamestan1978

think hard, this could be a good advice ;)

Offline jamestan1978

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Re: signals-forex.com
« Reply #6 on: February 21, 2011, 11:06:56 AM »
I could be wrong because this one seems to trade short term turning point...
@ jamestan1978

think hard, this could be a good advice ;)

Offline badbactim

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Re: signals-forex.com
« Reply #7 on: February 21, 2011, 09:15:44 PM »
I think I may have jumped into this at the wrong time - not because of the system , but my work schedule is killing me to be able to trade " generally " and more so test this system.
First impressions are you need alot of screen time. Well i say that if you want to acheive the results they show. the ratio set for sl and tp are 1.2 which is good, but as you see on the web site most trades are taken at different tp levels. This is ( I assume ) are up to the discretion of yourself / their trader, based on price action / news etc
Definatly not a set and forget as you need to be comfortable in ensuring you are in the correct trade. I went through the signal points given to me on Friday and it is fair to say that you could / would have made some good pips, but hindsight is " the holy grail " ;D
Looking into the " trades, it really does become apparent that you have to monitor once you are in a trade, as I have explained above.

Iam by know means looking for a easy way out of this system, but the sooner they have their trade room open to show where they are /have taken trades and more importanlty where they would exit, the better. I think that will / would help to have a better understanding of trading this.

A large bank or small lot sizes would be rquired if you trade all their recommended pairs, especially until you are comfortable wit this, but for me, its just demo at the moment ( or will be from tomorrow )

cheers

Offline jamestan1978

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Re: signals-forex.com
« Reply #8 on: February 21, 2011, 11:27:19 PM »
Thanks for sharing but are there proper rules in terms of when to get out? I mean fair enough if screen time is required well I dont putting in effort for the pips but importantly is if after following exit rules can I get the same results as them?

Offline Jass

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Re: signals-forex.com
« Reply #9 on: February 22, 2011, 10:50:43 AM »
@ Jamestan
yeah, and moreover: what about their daily signals at 6:00am GMT?
Reading their advertisement, you would think that you get signals at that specific time and then have more or less
a set-and-forget strategy?
eager to know more ;)
thanks,
Jass

Offline badbactim

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Re: signals-forex.com
« Reply #10 on: February 22, 2011, 12:19:35 PM »
Thanks for sharing but are there proper rules in terms of when to get out? I mean fair enough if screen time is required well I dont putting in effort for the pips but importantly is if after following exit rules can I get the same results as them?

Hi James
I sent them an email with my qustions and concern in establishing " rules " for exits, as the web site indicates general entry criteria as I was concerned and more or less would find it impossible to replicate their performance without any. They have come back understanding my concern that based on the service to date , a subscriber would find it very difficult to replicate their performance -  especially monitoring 12 pairs ( which they have 4 traders monitoring their signals ) .
I think they realize and have indicated that there are a number of people on the side line until they can provide a trade room / monitor and ultamatly a copier to confidently trade there signals and thus replicate their performance, so yep, jumped in with two feet a little to soon >:(
I would say their responce / honesty and clarification to my queries has been second to none and I await their additional services with a positive feeling.
I still have just under a week of my trial and I am learning / playing around with different set ups which exit me from a trade. They will be contacting me when the trade monitor and auto execution will be available, but they expect within the next coulpe of weeks, so will let you now

cheers

Offline badbactim

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Re: signals-forex.com
« Reply #11 on: February 22, 2011, 12:30:23 PM »
@ Jamestan
yeah, and moreover: what about their daily signals at 6:00am GMT?
Reading their advertisement, you would think that you get signals at that specific time and then have more or less
a set-and-forget strategy?
eager to know more ;)
thanks,
Jass

Hi Jass

Iam not sure if you could / would want to have this as a set and forget, well based on what I have seen.As I mentioned before, i think there is a lot of discretion to be had, with not only exits but possibly entries too, that is why the traders whom provide the reversal points have obviously been using this for some time and are confident with the best set up generally - imho it will be essnetial to trade " with them " for some time until you gain confidence in a) the quality of the signals  and b) entires and exitis - hence I lookforward to the availabilty of their trade monitor

cheers

Offline qprfc777

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Re: signals-forex.com
« Reply #12 on: February 22, 2011, 01:10:44 PM »
Badbactim
Thanks for the feedback,looks intresting i see on there site the copier should be up and running next month.
Regards

Offline jamestan1978

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Re: signals-forex.com
« Reply #13 on: February 23, 2011, 12:19:13 AM »
Not sure what are their stoplosses like but hope it's small enough to trade 12 pairs. A signal copier will be important. A good one especially as I see they have tp very small few pips.

Offline puntalara

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Re: signals-forex.com
« Reply #14 on: February 23, 2011, 07:21:54 AM »
Results yesterday were pretty amazing :) TP100 SL50 MAX looking at the site.

 

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