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Author Topic: Forexmeister  (Read 112822 times)

Offline 4xplosion

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Forexmeister
« on: May 26, 2011, 03:28:08 PM »
Regret to say that forexmeister can no longer be trusted, Buyer Beware!
« Last Edit: November 08, 2011, 08:43:52 PM by 4xplosion »

Offline foxmajster

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Re: Forexmeister
« Reply #1 on: May 26, 2011, 09:56:09 PM »
very tempting indeed. Though there are only 2 reviews in FPA site. Would like to test swing trading signal service but currently my BR is not allowing me.
Feedback from any active subscriber would be really appreciated.

Offline 4xplosion

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Re: Forexmeister
« Reply #2 on: May 26, 2011, 11:29:31 PM »
very tempting indeed. Though there are only 2 reviews in FPA site. Would like to test swing trading signal service but currently my BR is not allowing me.
Feedback from any active subscriber would be really appreciated.

I agree....I've been monitoring them for about 4 months and have noticed that the 1st tp is anywhere from 6-10 pips per average....so you need a broker with tight spreads (they use dukascopy, but I've found hotforex broker has great spreads with less BR needed)...the 2nd tp is usually anywhere from 15 on up.....but their stop loss is really tight.....and the performance page shows they average about 100 pips a day, but that includes the london and ny sessions, so I would probably shoot for 50 pips a day from my end......their support has been really great so far when it comes to answering emails....but I really like the idea of the signals being called in a chat room as opposed to sms and emails which are very slow in doing live trading.....

Offline Broncos Rock

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Re: Forexmeister
« Reply #3 on: May 27, 2011, 08:05:14 AM »
I did the 3 day trial last week. His service works very well. You enter his chatroom PLUS you load software that provides a pop up message with sound when he enters, modifies or closes trades.  So it is very effective in this way of operation.  He starts trading at the London open and goes right through to at least 3pm London time, maybe even more. 

He like to scale out at TP1 which usually reaches 10 plus pips.  As he is so successful, it may even be worthwhile to enter each trade call twice and then close one trade completely when it reaches TP1 and bring SL to BE on the other trade and just let it run.

His swing trade results are very impressive too and these all have a SL of 35 or 40 pips.  He emailed these to me when on the trial and they have a separate subscription.

Hopefully, I am looking to be in a position to startup with The Meister in the next few weeks. 

Gordon

Offline 4xplosion

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Re: Forexmeister
« Reply #4 on: May 27, 2011, 05:01:58 PM »
I did the 3 day trial last week. His service works very well. You enter his chatroom PLUS you load software that provides a pop up message with sound when he enters, modifies or closes trades.  So it is very effective in this way of operation.  He starts trading at the London open and goes right through to at least 3pm London time, maybe even more. 

He like to scale out at TP1 which usually reaches 10 plus pips.  As he is so successful, it may even be worthwhile to enter each trade call twice and then close one trade completely when it reaches TP1 and bring SL to BE on the other trade and just let it run.

His swing trade results are very impressive too and these all have a SL of 35 or 40 pips.  He emailed these to me when on the trial and they have a separate subscription.

Hopefully, I am looking to be in a position to startup with The Meister in the next few weeks. 

Gordon

I'm looking to join around the end of June....unfortunately that's when forex slows down and doesn't pick up again till September...all the big guns go on vacation....so it should be interesting to see how they perform then....

Offline 4xplosion

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Re: Forexmeister
« Reply #5 on: June 06, 2011, 03:31:46 AM »
Swing Trade Results for May 2011....99 Euros a month.....
« Last Edit: June 06, 2011, 03:47:04 AM by 4xplosion »

Offline Matuka1968

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Re: Forexmeister
« Reply #6 on: June 08, 2011, 01:47:40 PM »
Hi ALL, ( sorry for my English) :)

I tried 3 days version from Monday till Today. They are very professional.  What you can see in their website same what they trade. Very hard work from morning till afternoon but if you have time you can make average daily 60-100 pips profit.( + swing trades)

Regards,

Matuka1968

Online pipmenow

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Re: Forexmeister
« Reply #7 on: June 08, 2011, 03:52:32 PM »
It would be nice if they used a trade copier for their swing trading signals. If they are really good they would have a lot more subscriptions. 
Grid "born and bred".

Offline bshoe24

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Re: Forexmeister
« Reply #8 on: June 08, 2011, 07:08:21 PM »
i just wrote them a detailed emailed a few days ago requesting they consider offering a trade copier service by using a secure copier like multiterminal.net.  maybe if others request it too it might help.

Matuka1968 did you find you could execute all the trades and follow them successfully?  were there problems realizing near the same results?

« Last Edit: June 13, 2011, 08:19:11 PM by bshoe24 »

Offline Matuka1968

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Re: Forexmeister
« Reply #9 on: June 08, 2011, 07:21:24 PM »
Dear bshoe24,

Yes results was same than Forexmaister trades. I use MYFX program, very easy follow with this program the strategie.

Matuka1968

Offline bshoe24

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Re: Forexmeister
« Reply #10 on: June 08, 2011, 07:35:22 PM »
this service trades London-US hours though right?  i am in western USA so i sleep during that time.  sucks.  this is why i need a copier offering

Offline Matuka1968

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Re: Forexmeister
« Reply #11 on: June 08, 2011, 07:38:14 PM »
Yeah From GMT+2 till afternoon.  :)

Matuka1968

Offline Johno

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Re: Forexmeister
« Reply #12 on: June 08, 2011, 08:34:38 PM »



WE HAVE A NO REFUND POLICY!

I got the prices off their site ...

3 Days 25 Euro Test drive

One Month  199Euro Full membership

3 Months  499Euro Full membership

6 Months 925EUR Special offer

One Month 99EUR Swing trade
 

Offline 4xplosion

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Re: Forexmeister
« Reply #13 on: June 08, 2011, 11:22:10 PM »
this service trades London-US hours though right?  i am in western USA so i sleep during that time.  sucks.  this is why i need a copier offering

Just a thought...but maybe swing trades would be your best option...you don't have to "babysit" the trades with typical swing trades....as close to set and forget as you can get...I don't think trade copier would work with the strategy....trade copiers (from my experience) all have delays and are full of technical glitches...this guy is a trader...not a programmer...nothing but headaches with copiers....also, the trades, on average are for 10 pips profit on their first TP, that tells me, they are in and out of the market pretty fast...that's where copiers breakdown in performance....
« Last Edit: June 08, 2011, 11:23:57 PM by 4xplosion »

Offline samsnz

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Re: Forexmeister
« Reply #14 on: June 09, 2011, 10:28:35 AM »
4xexplosion
I was also interested in copier, thought they had started the copier on swing trades, they show the stats on those. It seems they havent, you would still have to wait in front of the computer for swing trades?, it can come anytime....
 

 

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