Forex System

Forex Trade Alarms

One Forex system that hasn't received a lot of hype is Forex Trade Alarms. This is a program that combines signals and an expert advisor in one trading package. Here are a few things that you can expect from this particular product.

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Profitability: 8/10

Ease of Use: 8/10

Reliability: 8/10

Customer Service:10/10

Price: $149 per month

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Forex Trade Alarms Review

The basic idea behind this product is that you get a combination of a signal service and an expert adviser to handle trades for you. Each trading day, you typically receive a signal from the provider and then you are expected to input this signal manually into your Metatrader platform.

After you put the trade into your platform, the expert advisor takes over and handles it from there. The expert advisor has specific rules about when to close out the trade and it uses a trailing stop loss. This way, losses can be minimized and profits can be maximized.

Customer Service

One of the nice things about this particular product is that it is put out by a reputable provider. When you get the manual, you will see that they took a lot of care in producing it and put many different screen shots in it. They went over many different contingencies so that you understand what into place to trade and when to stay out of the market.

The seller is also very receptive to questions and e-mails. You do not have to worry about paying someone $149 per month and then never getting any answers to your questions with this particular product.

Profitability

This product seems to be profitable over the long-term. They use a nice trading strategy that has the potential to bring you nice profits over an extended period of time. One of the nice things about this product is that you can see exactly how much it has made every month. They also do not try to sugarcoat their results like most sellers do. Sometimes, the system loses 500 pips or more during a month. If that happens, they put it up on the website for the world to see.

Even with some losing months, overall the results have been very good. You can see that they have been profitable over the long-term and there is really no reason not to believe their results considering their level of honesty.

The Verdict

This is a pretty nice system that delivers results. The only downside to it is that it might be priced a little bit on the high side compared to how profitable it is. You would hope that maybe you could get a little bit more profit out of this system, since you have to pay that much every month. When using these Forex signals, you have to have a fairly large account to offset the $149 fee every month with your Forex trading.

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