forex-soft.netfirms.com Review

Hi, I havent tried the automated system, just bougth for a couple of months the daily signals wich actually turned out to work well, not fantastic but it can give you a very accurate idea of where the market is going, pivots and reversals also work out fine, I would say that this system is quite fine for the day trader who can make some nice 15-30 pips per trade, dont expect miracles, remember that the signals work well if you know what you are doing and if have a plan before entering the trade, it compliments fine your strategy, but remember dont use the signals blindly

Those guys are fake and the most annoying aspect is that they are not responsive.I used their Automoney1 on demo and made profit of $110,000 under two weeks with $50,000. Subsequently losses started coming and before you know it, your account will wipe off.

I tried communicating with them but noway since your mail will go to REGNOW and ofcourse the reply is programed. There is no human face in there transaction. Infact, they are not ready for business.

This so called service is an absolute scam. Try their daily signals if you want proof and have USD 49 to spare. Yesterday they sent 2 so called daily forecasts, the first was to Buy the EUR and GBP and Sell the JPY and CHF. Later in the day the advice was to do the absolute opposite. This, of course, after the market went completely against them. Nothing wrong in getting it wrong, I know, but to shamelessly lie confirms my previous doubts about the so called service. Take my advice, spend your money on something more worthwhile!

I bought two EA and subscribed to their daily newsletter. One EA was complete scam, the other seemed to be ok for the first look. I started to make money successfully, it was running for 4-5 days, and I made $300. During those days I have found the FREE CODE for that program (which I bought from him for $199). Than I had the chance to look in it and I immediately stopped running it on a live account. A continued on a demo account, and the next 2 days it nulled out my demo account of $5000.
Finally this adventure was for free for me but it could have been much worse. Both EA-s were total loosers.
The newsletter is first of all delayed (I always got filled 4-5 pip worse), secondly it was a cheat. He always wrote "possible exit". During the day if the price went to his favour, wrote another "possible exit", if it went in the wrong direction, he wrote at the end of the day that he used his previous exit.... Hhah, it's easy to say after the day that he was exited, ot he was in... but in the actual moment I did not know.
This is why he always made 100-150 pips a day.
Following these signals i made hundreds of pips then lost them all.

You know, sure the guy doesn't have the contact information. Sure, he provides his clients with some fishy looking signals. Sure, some of those signals were all f***edup, because there weren't any explanation. But, you know what, if you're a smart trader, when his signals are arrived at your monitor, what you should have done is to not blindly take the trades. You analize the market at that time, if it does not meet your requirements, you look at other pairs. He sends out signals to four pairs: EURUSD, USDCHF, USDJPY, and GPBUSD.

As a man who loss a s*** load of money in forex within my first year in forex and before I found forexsoft, I have bought almost the entire ebooks on the net. You name it. I have from Ari to sunfire trading system. I have probably well over 3000 trading systems, including EAs. My piece of advice for taking a trade from forexsoft is, if you see USDCHF and GBPUSD are going at the same direction, you have got wonder, what is going on? Also, a free peice of advice, if you use 52SMA, you would know the direction of the trend for any of those pairs. Then, you would know which pairs you can trade with the signal. This will filter you chance. I am telling you, I tested this system out for about a month with real money, mini account, however. It works well. My first 10 days, though gave me a lot of problems. I tried to email the people that emailed me with payment information and choke the living c*** out of them for c***py signals. But, they could'nt tell me. So I improvise the signal.

The truth is nothing is a hundred percent. There's no forexgrail out there. The market works in two ways. It is chaotic. It goes up and down all the time. You have to trade with the trend. That is plain and simple.

Anyway, yes, I was collecting between 90-140 pips daily using his signal. Sometimes, I did better than him/her/them or whatever it is. Just be smart folks. By the way, try trading his system when you're in the eastcoast of the US. The signal sends out around 2am or so. It's a very hard bzness. Well, if you have any concern and would like to know more about trading, you can reach me at pipsdaddy@gmail.com. I'll be happy to provide you with some clue trading this signal.

The thing is, if you don't what you're doing with this market, the signal are a COMPLETE SCAM to you. On a contrary, if you know what you're doing the signals will provide you with a confirmation. You can make money from it.

Notice I do not give 4 or 5 stars because I have to work my a** off to trade with it.

Happy trading,
Pipsdaddy

to add to my earlier post, my money has been credited to my account, but withe the signals: according to what he puts out on the site which i believe you will hardly get, he hardly loses trade according to his report and we all know thats impossible, you enter a trade and he tells you to exit at 2 pips, isnt that madness, at other times the signal comes aftr the market hade donr its job then he claims he enters a sell position at a high and exit in profits, this guy is not genuine enough, some trades end up successful though but the reports are lies, i will change my rating anyway.

2007-12-07 Scam am surprised people are saying thanks, this guy is the cheapest scam i ever came across online, no contact, no nothing, so that when he gives you junks all you do is swallow. tried the automoney 1, seemed to be making profit meanwhile your equity is going low, just xterday it completely wiped out all funds in a demo account, also paid for 1 month signal, he sent just once the day payment was made, after then he chose to be a coward by thinking $49 was a big catch, ABSOLUTE SCAM. am sure all those sending thanks do not know how to come back and say the negative as it actually is, its a NO GO AREA.

Bought the euro2x in october and ran it on my $50000 demo for over a month and it turned a consistent profit.Tried it om my live acount and the trade went the other way.Have a feeling it was programmed to do that and turn buyers to suckers.BIG SCAM if you ask me.
Am a newbie and i bought it because i have a problem with exiting trades,puting stop losses and stuff and i thought an EA would be a good alternative for my fx investment, This one's a load of crap.

A total SCAM !!!!!!!!!!!

Keep on claiming they made hundreds of pips per day which is totally lies...

And they will stop giving out signals after that saying that the market will be quite eventhough the US market hasnt open yet. Sometime they ask to exit the trade saying that they got with 2 pips profit without considering the spread charged by the broker

Just waste my $49 to subscribe their signals

I downloaded the demo version of one of the ForexSoft "Robot Trader" programs, the EuroX2 program. This software, according to their advertising, returned 2400+% results for the ForexSoft people. It retails for $99.00.

With their demo versions, you can only do strategy testing on historical data, so I downloaded the demo into the Experts directory, restarted MetaTrader 4, and began strategy testing.

I'd characterize the results as inconsistent. I ran a series of tests for two different sets of dates, one set for April of 2006, a second for June of 2006. I began the tests in each series for a specific set of dates, then ran subsequent tests by adding one day to each pass until I had captured about two weeks' worth of data. I then also ran several random date ranges through the program.

For the first two series, the data made sense, with the number of trades increasing each day, and the profit going steadily up. There was one anomaly where the profit went down dramatically one day, then shot back up the next. At a certain point in the testing, after about two weeks' worth of data had been collected, the software failed to return results, giving me a message that only one instance had been captured and it had been discarded as insignificant.

I saved the results from each pass in an .RTF file, and will gladly e-mail it to anyone who's interested. Contact me at glewis9000@aol.com, and I'll attach the results file to a return e-mail.

I'm going to try to contact the programmers via e-mail and ask them a few questions. I'll update you on the answers I get.

Best,
Greg Lewis

Just a dynamite site....Making real money....Cant say enough....Who makes these signals...I sure wish I knew....Is he/she psychic?

I sure wish I could see the future too...If there was such a thing...
Mark