TriadFormula.com Review

This system is terrible...If you just look at and test his free systems, you will learn pretty quickly that while they "sound great", they simply do not work. There may be some systems that you can use to quickly scalp the market at certain market times, but this is not it...he should be ashamed to sell this rubbish

I agree with all the 1 star rating reviews. The shipping/delivery was a total fiasco. I initially somehow clicked on the wrong state/province when I submitted my order. I caught the mistake however within 10 minutes and emailed them immediately with the correction on my delivery address. After over 4 weeks and 8 emails later, the replied that they had two shipping addresses and didn't know where to ship, so they were sitting on it without notifying me. Meanwhile, they were quick to charge me the monthly installments on my CC. I finally had enough and emailed support not to bother sending it and issue me a refund. Nonetheless, the package arrived some time later. I refused delivery and had the UPS delivery guy give me a reciept as proof of refused delivery. I also notified my CC company and they stopped them from making any further charges to my CC. My CC provider was also kind enough to issue me a credit for the 2 monthly payments after I explained what happened. They treated the situation as fraud and contacted the Triad guys directly to recoup the money (I only had to fax them a copy of my "refused delivery" reciept). Thank God I nipped it in the bud and didn't go any further, based on the reports from the traders that actually tried the "system"! I also agree that all this stuff could have been downloaded. Why the F__G put us through all this rigamoroul? Finally, I also asked them why they didn't incorporate this system into an auto EA, but of course, no reply. Their customer service is amoung the worst I've ever seen. Oh, and to add insult to injury, this Jason Fielder guy who supposedly developed the Triad system now spams me with pitches for all the new forex EA's to hit the market!! It boggles the mind!

I was just in the TriadFormula webinar sales presentation. They claim to have 5 years of backtesting data, but will only release the 2008 numbers, and only on the Daily time frame. When I pressed them for the numbers they said that backtesting no longer matters since they've been in forward testing for so long now. Fine. Then please give me the forward testing numbers, I pleaded. Nope. They won't do it. "Just try it and if you don't like it we'll refund your money."

I bought triad on 4/29/09, or made the first payment - I wasnt sure I wanted to pay for the whole until I had a chance to look at it. I watched the seminars - which were really sales pitches. It took a while to get shipped and to arrive, which I am convinced is a tactic to eat up your evaluation time. When I got it, there was alot of educational material, but instead of finding anything that would help me gain all of these pips, (including the signals) all I kept hearing was how good the case will look on the shelf - devoid of real substance. I sent it back (at my expense) the shipping delay also going into the evaluation period and asked for a refund. They did refund my initial 797, but not before they charged the second 797 payment, it was a fiasco but I got that back as well. I wouldnt recomend it, All of the information I got from it I have seen on the web for free

yep thats the way the scammer roll, I purchased the Triad Trading on 12 Sept 09, on 15 Sept 09 gave them my residential address for shipping as I originally had a PO box as the address. On 14th Oct 09 requested the course whereabouts and when could i expect delivery. got reply 17 Sept 09 and they are looking for the tracking number, no reply so I emailed again 22 sept 09 asking course whereabouts. 27 Sept finally receive reply saying they do not have my residential address and course not sent out. sent email on 29 Oct 09 explaining that I purchased their couse in good faith and trust and due to such inconvienence to cancel order and requested my full money back and transaction costs in Aussie money. I have put an investigation with Visa and they are looking into it. It is now 19 Oct 09, no money refund and no reply to any emails. mmmm I am really shitty to say the least, so I am now handing it over to FPA. I can't even comment on the actual indictors as I have not even received box.

was sucked in as well. Lots of promises. Non fulfilled, some would be lies in my opinion. I purchased within 25 seconds of link opening. First respondents were to get special perks, there were three or four levels of perks, I got none. Hard to believe that 175 folks purchased b4 I did. Near impossible to contact, emails to supports get response and closed immediately so you need to start another email to continue discussion (reply email doesn't work). As others have mentioned, most trades don't open or stop out. Their hype is that you don't need to learn software...that's exactly what you need to do. They state you don't need to be at your pc 24/6. That's exactly what you need to do. Contacted them, said I wanted to return as it was unprofitable, they sent me RMA #, I sent package back. Won't refund because now they state the package needed to come back within 45 days of their billing which was 15 days b4 they shipped product. If it doesn't qualify as scam, it sure looks and smells like one.

I seem to be one of the few lucky ones that have had ok performance since I started using the triad system in early June. So far I have generated (live trades, not demo) about 240 trades across the three systems. I have been using FXDD mostly (spread suck, I know but just trading small). I have been using Target Breakout for ALL pairs (that FXDD offers) with spread at 5 pips or less, and Squish Squash and Trend Finder on ALL pairs with spread of 8 pips or less, to make sure the spread is not too big relative to the potential profit on the trade. I only trade the daily time frame and I have been entering trades based on pending orders using the predicted levels so occasionally there will be trades taken where the predicted level and the actual level the trade should have been entered differ, but those have been relatively few. I have been risking 1-2% per trade but I readily admit that I would not be trading this way i.e. trading all pairs, if I was trading with more of my capital since I sometimes end up with three trades in the same base or quote currency so the risk then would be more like 6% rather than 2%. My winning % for Breakout, Squish Squash and Trend Finder has been around 40% (SS also have about 20% break even trades since I move the initial stop loss) but since the winning trades are significantly higher than the losing ones, on average I have been making money. I do believe that the stop loss levels on both the Breakout and Trend Finder strategies should be adjusted for volatility in the pairs, but that is something I will look into going forward. I am up about 2300 pips on Squish Squash, 800+ on Breakout and about 400 on Trend Finder. FYI, I have had up to 10 losing trades in a row, which is not unreasonable given the % of winning trades and drawdown of about 30%. Given the high leverage situations I sometimes end up in since I trade all pairs, I don't find the drawdown unreasonable either. I certainly hope the favorable results will continue but I am not counting on it.

Very clever marketing, I was sucked in which takes a lot!
The system is way below average, without going into it, I would advice you not waste your time.

Received my package May 14 and installed. The first week, the system had great demo trades but unrealistic since I was demo trading far beyond a safe level. Once I reduced to no more than 2%, results were next to nothing. Most trades never placed or stopped out. At the end of 40 days, I was down 10% using the exact trades sent each night. There is no customer support; the emails I sent routinely took 3 - 4 days to answer.
At 42 days, I sent a request to extend my trial period 15 days to further evaluate. I received an approval to keep it - 4 days after returning it. Just not what it is cracked up to be!!

It simply does not work. I have not back tested it like Greg, but I've stuck to the recommended methods of trading with it, other than I haven't done the counter-trend trading on the USDJPY at 19-2200 GMT. The results have been terrible; few trades triggered, and most of those that were stopped out. Coming to the end of money-back period and therefore am asking for a refund.

A shame, but there you go.