BullsEyeForexSignals.com Review

I hereby confirm and attest that no customers received signals from the two test accounts I ran on the FPA website.

Consequently, Bulls Eye (or Legacy Forex) signal clients neither received the great gains, nor eventual losses from either account.

These test accounts were run 100% for my my personal gain or purposes.

No representation were made then, or after, based on the trade activity in the aforementioned test accounts.

I would be happy to answer any questions or concerns that may have occurred as a result of the postings of the test accounts on the FPA website.

Sincerely,
Mark Shawzin

Review Moderation Team Note: Submitting accounts to the FPA's Performance Testing Program and placing trades in those accounts that are not passed on to clients is against the core purpose of what the Performance Testing program is about.

Mark Shawzin and his group came under my review May 2012, under my 3 year endeavor to discover and combine and consolidate the six most successful EAs, Semi-Automated Systems, and Manual Signal Service Systems into one managed speculative forex fund.
Be that as it may, to date only Mark's Bull's Eye Service has managed to survive my stringent test criteria.
Despite a near disqualifying 50% drawdown in early going, Mark has not only managed to recover his initial losses, but continued on to more than double the initial account from it's initial value as of today.
In my experience as a CTA Mark has demonstrated great personal strength and a dedication to his craft.
If such performance remains steadfast this year, Mark will certainly be deemed a star performer in my test series of 122 sytems to date, and shall qualify for eventual inclusion in my planned fund, to be offered as a CTA Product under under approved NFA Disclosure requirements.
Congratulations to Mark Shawzin for his competence and dedication.
Anthony Ingrassia, CTA
NFA ID#: 0278164

If feel it only fair to give and update...and a warning to those considering Bulleye. In short, they recently pissed away almost their entire account and it has since gone "private" on my FXbook.

The trades that sent them into oblivion were just ridiculous. Repeated buying into strong resistance, until they had no choice but to "hold and hope" which didn't work. Last time I looked at their master account, they had blown about 80% or more in roughly one months time. Thankfully, I came to realize their reckless trading early on, and I didn't suffer too many losses.

I have deleted all their stuff from my platform and am finished with them.

2011-11-15 4 Stars I have been a member at bulls-eye for less than a week, but I can tell people that so far, they have been excellent. I have subscribed to 3 or 4 signal providers this year and they all sucked. The problems range from late signals to flat out revenge trading, poor or no support- and many others.

Bullseye has been great. Their copier installs in a flash- My platform copys the trades exactly the same as the master account, right down to the 10th of a pip. I don't see how people can suggest they manipulate results, since it can't be done on myFXbook. It sounds to me like "A" who gave a poor review has problems with his computer or his ISP.

I can't recall any trade copier service that hasn't had some problems...Bulls-eye has has some growing pains too. I took some losses on the copier update too- It was mostly my fault though; I hadn't even looked at my computer for 4 or 5 hours after they sent the "close trade email" It took about a day to recover from that. I have done a good amount of research on them and I'm seeing a history of integrity building. They return emails very fast- no waiting around for 24hrs..for me it's been an hour or less in almost every case.

I also started a myFXbook account and will leave it on as long as possible: http://www.myfxbook.com/members/wolfeman/bulls-eye/189476

I give them four stars instead of five because I've only been with them a short time.

I have been using Bulls Eye service for 2 months. I few things I would like to point out:
1 - Trade copier software works perfectly and allows trader to set his own risk % or fixed lot size
2 - All trades have a stop loss and a profit target. This way one is always aware of risk.
3 - The draw downs have been manageable
4 - Mark is a professional trader and he is available to answer all questions.
5 - Reporting of results is 100% accurate, transparent and fully verified by a 3rd party site.
6 - As far as I know, Bulls Eye offers one of the best services out there and I expect to continue to use it to complement my own trading
7 - I haver no affiliation whatsoever with Mark or his company

Technical difficulties resolved, I need to retract my recent review
in light of their recent help in getting me up and running. They have
been very busy lately and sometimes people, like myself need to
practice patience. A good company to deal with so far. Ron B.

2012-03-13 2 Stars Couldn't get EA to work, tech support was ineffective. I don't have time for that.

My Company eTechMoney.com has known and done business with the principal of Bull’s Eye Forex Signals for several years. A few months ago we engaged this person to apply his trading methodology to our client accounts. His performance has been very consistent with very good returns and manageable drawdowns. We fully intend to engage his trading services and skills as our company continues to grow and evolve.

Consider yourself lucky to get his performance for such a great value proposition through this service.

I am the principal of Bulls Eye Trading Signals.

I admittedly have been very remiss in not addressing some of the recent concerns by JJ, Phil and other regarding the aberrant trading results last December.

As a result of very erratic and choppy behavior in the markets that is a result of the low volume we incurred much greater than usual losses. (It is important to note that our clients did NOT incur anywhere near the extent of the drawdown shown on our myfxbook account on our website. A lot of the drawdown was as a result of manual trades placed on our side and not on the copier that goes out to client accounts).

I am not in any way trying to deflect or evade responsibility or accountability and am genuinely very sensitive and sympathetic to our clients that incurred losses in December.

However, I drew a lot from that experience and made some very important adjustments in our risk tolerance and trade selectivity. As a result of some major modifications our results in the past six weeks have been astounding. Up 28.5% in January and 8.5 % so far in February.

Check out our third-party verified results here:

https://www.myfxbook.com/members/Pincer/bulls-eye-trading-signals/147518

In effect, our clients that stuck with us through December are way to the positive in their accounts.

One of the tools we implemented starting in January, is that ALL are trades are documented PRIOR to each trade set-up. I capture a screenshot of the chart of the pair I have selected to trade that day, I "draw" or diagram the price pattern or price action that I believe is driving the trade and then I specify the exact entry/execution buy/sell/stoploss/takeprofit for each trade selection.

I am selling my Daily Trade Journal as a stand-alone service that is both and trade educational and trade signal/alert product and service. Last month my FX Daily Journal entries yielded over 360 pips profit. If you are interested in receiving a 10 day trial of FX Daily Journal, please email me at info@bullseyefx.com.

In summary I believe we offer a first-class and very profitable signal system that is FREE when you sign up with our broker. I know if you join us you will be very happy. And to those we lost in December, please keep following our progress and we would welcome you back when you are ready.

Please contact me if you have any questions or concerns.

Regards,

Mark

BTW, we will post our Live account on the FPA website next week. We have been trading it since early January with GREAT results!!

Not sure how they figure the % drawdown for Jan. My account is down over 20% and they are claiming to only be down 10%, they have now blocked anyone from viewing trade history and there is no communication from them. It seeme everyday is getting worse. I suspect they will blow out account by end of the month. Check out the results that are being tracked by www.forexverified,com and you will see the losses this month are more than twice what they are stating, Check it out yourself.

2011-12-28 1StarLooks like they are trying an all or nothing approach now. The results went from a negative 27% yesterday to over negative 55.5% today. It seems like they are going crazy on the trades in hopes that they will pick one that will make up for the results. Seems to be the same method that blew out accounts with GenialInvest before they hit the road.

With such high hopes for these guys I have regretfully deleted their EA. The lack of communication with clients vis a vis the dramatic change in trading was the final straw.

Based on analysis of their trading over the alst five months I realised they made their gains off trading gold, not currencies. At bst they were break even on FX trading. The nice returns on gold disguised this fact. When the gold trades virtually stopped at the beginning of November Bull's-Eye began its downward slide to what one suspects will be oblivion. One can only guess, but I suspect their gold trader moved on. Why else would you stop the successful part of your business?

I don't want to rate these guys. But I won't bother with them again unless their is a dramatic change in the results and a great deal more communication.

2011-12-16 3Star These guys have been struggling a little lately. The last couple of days have been particularly bad. That said, they continue to manage risk prudently.

However, the trading of late does bruise client confidence. To that end I'll be reducing my exposure by half and leave it that way until Mark and Co have recouped all the losses. I stil believe they have what it takes to be profitable and sustainable

2011-12-09 No RatingThe first two months of trading was simply ph enomenal. The last two, obviously a bit of a struggle. Their continual attempt to sell the daily lows has seen them chalk up a string of losing trades as the market has retraced time and again during the UK session. A period of drawdown is disappointing, but not the end of the world.

Where these guys are real professionals is in their understanding and application of risk managment. From what I have seen I think it is a pretty good bet that they will weather this down turn and be back with interest. Watch this space.

I'll rate them in January.

I am goin g to base this review on undisputeable facts only. Beware, if you look back over the posted results for the last 2 years they have never had a monthly loss great than 3.4% and that was in June 2011. This month December 2011 they are down over 20%(they have 3 more trading days this month but as it sets there are several open positions that are in the negative as well). It seems that something is not sitting right with me, how can they be down roughly 7 times the largest monthly down in the last 2 years according to the posted results, last December the results show a profit of almost 20% for December, so one cannot use the excuse that it is how the month of December rolls because of the CHristmas Holiday and many traders now trading those times of the year. I would love for someone to prove me wrong, or get a response from bullseye on here explaining what is going on with the trading. Some assurance would be great.
They have now blocked visitors to the website from seeing the open trades, it has always been transparent until now. This sounds like they are trying to hide something as well.