easyforexsignals.com Review

This business is now closed to focus on automated trading. Thanks to everyone who joined with us for our time. the new sites are www.myfxtools.com and www.forex-friend.com.

Domain isn't working. The site is not available.

I only used this system for a short time but found that during that time a lot of trades were hitting the stop losses and i lost a fair bit out of my demo account. Having said that they then sent out a message saying that they were aware that their signals had been bottoming out and that the strategy was changing blah blah blah... i only really pulled out because of external factors in my life that needed my attention and i will possibly re visit these guys later on down the track.

i tried this out over a couple weeks and doubled my money. a $500 test account. am keen to get going with a larger size account. i notice the early reviews of this are sometimes negative because of the lack of stop losses provided. since i came on board there has been no major losses, its all good.

To hard to really make money if you have a small account. When you are propted to make atrade you usually have to wait for sometimes a whole day before it starts to go in the diection of the prompt. And the stop losses are way out there!!! Sometimes a thousand pips!!! I did profit however maybe 45% of the time in the 3 months that I subscribed.

Monthly fee is cheap 50$, tracking record looks great from 1000 to 3000 pips during the last 30 days. BUT how funny the huge drawdown they had, if u have a huge margin and willing to enter the trade whenever they prompt it, and never check it out until they prompt u to close, that will be fine and hoping it is not a loss trade. What u can do if u wanna save some pips, when they prompt the trade don't just enter, wait cuz 95% of the time thats where the drawdown starts, then when it reaches the drawdown peak, enter a trade on that time, sometimes u can make even triple of the record they had, of course depending on the drawdown.

I liked this service, but only stayed with them for a couple of months because the 200 pip drawdowns put too much pressure on my small FX account.
GOOD: They don't overwhelm you with too many daily signals, profitable over their average trade periods (1-2 weeks), easy to understand, honest, helpful customer support, lots of message delivery options ie. SMS/web/email/desktop appl, fair monthly $59 subscription payment via paypal.
NOT GOOD: drawdowns, 12 hr entry period means an immediate entry after receiving a signal may be too early, no other commentary to support their signal, stop loss pts are too far from entry, they still have an open short position on the EUR since Jan 2007.
I think Felix put together a quality FX forum. Hope this info helps you in your search.

They did not use stop losses when I was a subscriber. The drawdowns can be huge. If they could implement a good stop loss strategy combined with their carry trade interest strategy I think you could do very well....

EasyForexSignals are ok, if you trade them with small trade sizes as sometimes things do go south. If you have the funds to wait for long enough, they are profitable - sometimes though the short term is painful.

I do like the 'Flashing stop light' platform, that you can leave on your screen; So you can easly see how 10 currency pairs are going at the same time!--Surly this alone is worth the $50 buck a month fee. I simply lined up 30min, 15min and 2min charts with their "Flashing Lights,to get a good entry on my own trades: Their signals were spot on this week 450 P's But place your stops below 2 support lines; A stop of 100 -600...No way for me..I agree this is as good as it gets..TADfx