TheForexFinder.com Review

I bought this system also. Read Dan Pensylvania detailed review below. Everything he says with respect to the system I can verify is absolutely 100% true.
+ Results on website are most definitely cherry-picked. I queried Scott about a particular day that generated 2 losing signals and his reply was that he miraculously took the day off to attend to other business.
+ The guarantee isn't worth a pinch. He will fight tooth & nail not to honor it....& as Dan points out a win rate of 70% using a 40pip SL & 20pip (SL & TP do not include spread according to rules - thus you risk 42 to make 18) is only break-even. So guaranteeing 70% success is not guaranteeing profitability - thus it's pointless.
+ System primary signal is generated when 2 MA's separate by a minimum distance - Duh this is otherwise known as the MACD histogram.
+ Definitely a marketeer not a trader. When I dug a little deeper he was also selliing pirated copies of any other system he can lay his hands on. This has since ceased and he has de-registered himself on ebay - but I saved the web pages. They can be downloaded and viewed here => http://www.mediafire.com/file/s1sd112z1np9q7r/ForexFinderScam.rar
+ I traded the system for a month to meet the requirements of the guarantee. When the system didn't perform as promised & I requested a refund Scott became aggressive and obstinate and tried to blame me, my broker and trading platform. I did eventually get my money back but it wasn't an easy or pleasant experience.
+ Bottom line don't touch it with a 10' pole!

I recently bought this item on ebay and quicky found it to be useless. Unless you are in a long swinging market, most trades will be stopped out. Moreover, his system looks to be a copy and expansion of another system that has been copyrighted: Copyright
Turtle Trend Trader
by J. Haq
Based on finding that, I firmly believe this system is as unoriginal as the person who made it.

So far since I have used this in the two weeks since I bought this system it has been right on the mark. It has also taught me to better identify markets and opportunities.

First of all, I have tried many forex systems in the past and I have not found any to be profitable over the long run. I have traded The Forex Finder on a live account for the last 6 months and it is now the only system that I use to consistently make daily pips. Scott's customer service is the best that I have seen in the business. I always ask lots of questions and he is always very prompt with answering every one. I recommend this system to anyone that wants a real system that will produce profits and not just hype like all the rest on the market. By the way, all of his posted results are spot on and anyone that owns the system can verify every one for themselves. If you buy his system, you will not be disappointed.

First off, let me say it might not even be Scott's system. I purchased this EXACT system from Jim Healy in 2006. He called it The Separation Trade and was selling it on e-bay under the ID Simple4x. After several negative feedbacks he made his feedback private and eventually stopped marketing it. As for Dan's research, it is spot on but I'll take it a step further. The idea is to get the first 20 pips and call it a day trading the London session. Now Dan found alot of posted results from the US session without the losses from the London session mentioned. What I've found is a winning trade is reported on his website for, as an example, GBP/USD on a certain date during the London session. If you know the system you can easily verify that the trade was legit. The problem is that you will notice that EUR/USD also triggered a signal the same morning an hour or more BEFORE GBP/USD did and lost. This has happened on several occasions and the losses are not reported in the results. Nothing in the system rules would lead you to skip the first trade so I completely back Dan in that the posted results are a sham. The system itself can be profitable, just not on the scale advertised. As Dan said you risk 40 pips to win 20. So you have to win 3 out of 4 trades to make just 20 pips. Unless you get on a big role that doesn't add up to much. A typical 22 to 23 trading days month will get you 100 to 180 pips IF all goes well(about an 80% win rate). If you won all 22 or 23 trades you still would only have 440-460 pips so the 500+ pip months just don't add up.

This is a follow up to a strong disagreement that Scott of Forexfinder and I had. We have come to a civil resolution, but I believe that I will give a final opinion based on my experience with this system.

First of all, it is a positive that Scott and I were able to come to an agreement. It is also noteworthy that his website has extracted or eliminated some of the results that do not really represent the system at all. I am not going to expound on that, but suffice to say-red flags should raise in one's mind by this fact alone.

I did receive a few nuggets from Scott's system but certainly not enough to invest $350.00. I did receive a partial refund and accepted that to bring resolution to an end a bad situation.

I simply want to pass on a few facts:

First, this system carries a guarantee but it is poor. It guarantees a 70% success rate, but when the basic system risks 40 pips to get 20, 70% is really breakeven or 0 profit, a purchaser has no way of knowing that which is a poor guarantee.

Secondly, one has no way to know the peculiarities of a system unless they are disclosed to the buyer. For example, if I am interested a system-I will pass if it requires me to trade at a time of day that is not reasonable for me. Here, one had to actually trade the early London session.(especially if you were to seek a refund) Good systems disclose peculiarities that could affect a buyer from different parts of the world. I thought I did my due diligence by looking over the results on the record of trades - unfortunately, they did not represent the system as it is written but now I am told they are corrected.

Some of our strong discussions were posted on a "scam"

I purchased Scott's system recently. I found that his program/info helped me to time the market for large gains with EurUsd & GbpUsd between 09/23 & 09/25. While I use other indicators in conjunction with Scott's material to try to make sense of the market..I believe that his material helped me to trade profitably.

Hi!
Hi!
Ive been scammed by scott. The system doesnt work at all, it just make you count 80pips difference between 26 and 10 EMA. Thats all. Ive been testing it for few weeks and it losess most of the trades. Also he makes you wake up at 4AM to trade this BS system with no result, if you ask for a refund, he asks you to send a 30days report showing no profits. TOTAL SCAM, nobody is gona wake up at 4AM for 30 days to count pips difference on a chart, to end with more losess than winners. DONT BUY THIS SYSTEM!! TOTAL SCAMM!!

I purchased this system a week ago. Therefore, I cannot honestly say whether the system works or not. However, I am posting 5 star for what this system and Scott have taught me so far. Between those lessons and my practice trading, I have learned that this is neither 100% nor perfect system and in the end, I have to earn it. I am very new in Forex but am wise enough not to look for a magical system( I wish there were though) I am sorry to hear that this did not work out for some people but because I want this to work, I (not Scott nor Scott's system alone) will make it work! And I have no doubt that Scott will stand by his product and help me as he promised! So to me, it was worth every penny and more.

Review Moderation Team Note: We've removed the rating. Please leave a rated followup review once you do know how well the system works.

Well I have to be honest I have had a tough time of things in the Forex market of late and wanted to find my 'edge' again. I bought the system from Scott, and after checking out his results (yes I backtested them all....) I found them to be correct. The system is incredibly easy to use, and now it is a part of my trading arsenal. I know that at the end of the month, I am going to get 300-500pips from this. Super simple (like all good trading systems) and relies on a trend being fully underway. Evertime I have had a query, I have had an answer from Scott. If you want a simple system that banks 20pips per day, this is it. It really is worth the money.