Rated: Good [1/10]
Before I tell you more, let me tell you this. Intra-day trading in the Forex Market is not easy. Losing money is a regular occurrence and if you think that an automated Forex system is going to help you make money then you have another thing coming. I didn’t realize it until it was too late; please don’t make the same mistake.
Using Volatility
I had always heard that it is the market’s volatility that makes it so difficult to read. Somebody then told me about the London Forex Rush, which uses just this volatile nature of the Forex market to make a killing. Moreover, forget the whole day, the software helps you use just two specific hours in the day to earn your money. I have always wondered. Why do such crap pieces of software attract even a modicum of interest? I think it’s because they promise big money, with very little effort. Just tell me this, how can you use the volatility of the Forex market to earn money? Whatever the grandiose thinking, it’s just not possible. Forget about making money, I lost money.
A Signal System
I thought that this was a software program. I very soon realized that it was just a signal system. You need patience to understand the system, and yet after you had done all that the manual has instructed you to do, you are still left wanting. It works on a concept to f Currency Pairs that cross with the British Pound. Before the London Market opens the indicators starts keeping tract of the activity of this pair. It’s the motion of the pair, after the London Market opens, which forecasts the direction of the movement. This is also where the ‘two hours in a day’ window comes into the picture. A stretch of imagination isn’t it?
No Fear, No Greed
Yes, we are greedy for success and according to the creators of the London Forex Rush it is the mixture of Greed and Fear that sees us making mistakes. All you need to do is follow the signals like a robot and place your entry and exit points accordingly. You don’t blow your account because the indicator has a built in, money management formula, that is rock solid. Really! yes, if you are living in the dream world created by the makers of London Forex Rush. No, if you have your head in the right place. I kept waiting for the indicator to call a trade, and when it finally did; all I did was lose my hard earned money.
Whom do you call?
Do you call the ghost busters for help if there is a problem with your London Forex Rush? That’s because the customer service is abysmal. I kept waiting for them to reply to my mails, in the hope that I might have done something wrong and it was my idiocy that lost me my dollars. But, I realized that they were never getting back to me. Why? You guessed it right. They didn’t have an answer to my problem.
The verdict for the London Forex Rush is go for it, if you are prepared to be frustrated, disappointed and can forget your losses in a hurry.
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but never believe that somebody is going to share his/her secret for 100 bucks
just my 2 cents
Comment by miki 24/04/2009 23:16:04