ForexAvenger.com Review

2.316 • 4 REVIEWS
Out of business
Updated: Mar 14, 2023

Website is down. Company seems to be out of business.

ForexAvenger.com
Out of business
2.316 • 4 REVIEWS

Recent User Reviews of ForexAvenger.com

C
Chico
Spain,
Oct 30, 2010,
Guest

I made the mistake of getting some information from ForexAvenger.com. Now my SPAM-box is populated on a daily basis..How do I know? I used a unique address from my domain, as I do for all online queires, "forexavenger.com@...."
Merely from the volume of SPAM received by "forexavenger.com@....", I would suggest this trading system does not work, and the site owner has sold his email database to make some extra cash!
K
Ken Long
Cambridge, MA,
Nov 25, 2008,
Guest

You dont have to buy the system to see what their stop loss and take profit levels are. Its all shown in the free videos on the web site. As are numerous trading examples.

Having a stop set at 50 pips and a profit set at 30 pips is not poor money mangement unless you loss more than 3/5 of the time. If you have 85% winners it works just fine.

I dont own this system, but its base mechanics are obvious, simple, and time tested. It targets breakouts with a stop open order, a 30 pip take profit order, and a 50 pip stop loss order. I hope there is a little more to it than that, but either way anyone of us could do this with basic indicators and chart reading knowledge. Just follow the trend.

With all the complaints has anyone honestly forward tested the system, who can say it doesnt work. From here I would have to say it would probably take an effort to screw this one up.
H
hamid khatabi
tehran , Iran,
Nov 23, 2008,
Guest

Hi ,
I bought this system a week ago . I backed test it and check the results .
Let me tell you something :
The winning rate that they claim ( up 85% ) is because of this sinple fact --> POOR Money Management
They take a risk up to 50 pips just to get 30 pips !
I was really in shocked , Why a proffesional trader like Mark Mcrae must agree with this system ?
This system is based on a poor money management and there is no confience to follow that .
R
Rob
texas,
Nov 19, 2008,
Guest

The last 8 out 9 trades were winners using this forex avenger method.Maybe i'm just lucky time will tell .It also works well with the usd/chf pair.
K
Ken Long
Cambridge, MA,
Nov 1, 2008,
Guest

This is not the same peson as the AutoCashRobot. John Burroughs was the creator of the AutoCash Robot. He is headquartered in the Seychelles. His advertising, no matter how it sounded, was extremelly accurate at the time.

Unfortunately it was all based on backtesting and optimization. In forward testing it showed its flaws.

However, he was a complete gentleman, he acknowledged the losses, and courteously refunded everyone who asked. His correspondence throughout the testing, his updating of the help manual and working with everyone, was excellent.

When I requested my refund, he insisted that I keep both robots with their activation codes, and promised to maintain my password if I wanted to check back on his web site for anything. Understandably he is trying to maintain future business.

The fact that his robot underperformed is unfortunate, but expected.


The Avenger Robot was created by Dave Curran, with Mark McRae puting up the 50K for the testing. They are both SA Forex traders. Mark is known for the SureFire Forex course. Which is a good course for the price.

I havent bought this robot, and I havent heard anything conclusive yet. Time will tell. Hopefully those who did buy this will post their results.

The fact that Mark put up big money on the testing is not a lie. The fact is its probably having its problems in this current market like so many robots and traders are having.

Hopefully Mark McRae will update us on the current situation with his testing, and his cash account. If you are concerned you can write to him, he does exist.
S
Stu
London,
Nov 1, 2008,
Guest

I am getting very frustrated with the emails from Mark McRae and the way he goes about scamming people. First it was the Forex Autocash Robot and now the ForexAvenger rubbish, not to mention all the others in the past. If he was a honest man he would not sell junk that would put peoples money at risk - Shame on you Mark McRae, I think its time you realise your scams are getting peoples backs up. People like you are lower than Shark SH....T !!!! - I am disgusted to say the least .............
K
Ken Long
Cambridge,
Oct 29, 2008,
Guest

Thank you for the testing. With all the hype I didnt expect much, but I did think Mark McRae was better than this. His Sure Fire Forex course isnt bad, I found it to have some useful knowledge at the time.
B
Black Hawk
Brazil,
Oct 28, 2008,
Guest

I did not buy this program. However, it's not necessary to be a FX whiz to know some info.

The person or the group behind this program is the same of the failed Forex Auto Cash (it would be better Crash) Robot. The hype advertisement is the same. The same voice, the same picture, the same beach, the same graphs, the same car... and as I have experience with Auto Cash Robot it might be the same poor efficiency.

These people come, send e-mails through another sellers, open a temporary home page, mesmerize people with really hyped marketing and... what a disillusionment!

Anyway, I will not rate cause I have no experience, I may be wrong. My personal feeling is stay away.
S
Scott.
England,
Oct 28, 2008,
Guest

Ok, this is another super email 1 million people and hope 5 will buy.
Well, I've back tested this to the beginning of 2008 (pretty easy as it