ForexBuStop.com Review

OMG , that really is only simple breakeout system , that only buy and sell at high and low , time is meta chart 6am to 12am high low...and sometime there will change trading rule without any notice and if your result bad there will said u no forex education ...that is big scam without prove becouse it only resell other people idea...retson is damn Terrible!!!

dont talking too much , where i want to let u all know this system you all can get free at forex factory and why still need to buy here ?
Retson is only resell other people work and he sound like professional . (Big Tank)
after u buying this system you cant take back your money! And alot people rate 5 star here is becouse he or she is Reton staff!

Updating my 02-21 review. I wouldn't consider this a scam, though claims of spectacular success certainly seem exaggerated. Average results(3 star) or perhaps 2 star because I was led to expect much better performance.

I convinced Retson to let me have a complimentary copy. I traded his swing system mechanically for about a month on a demo account and ended up down about 5%, with a low of close to -10% and a high of almost +20%. Nothing to complain about customer service, except they explained away an early large drawdown by saying I had to watch the markets at all times, though the manual strongly implies you can and never says you can't trade the strategy in a set-and-forget manner.

Email normally comes at a set time of 11 pm/midnight EST with both a buy and sell stop entry, with a matching SL and TP for each pair traded. Because I was given a complimentary copy I obviously can't comment on their refund policy!

2008-02-21 No rating John, I agree with you, no one should discriminate against this company because of their nation of origin or ethnicity. Please update your review on this forum as to how well you continue to do with their free signals. Since you have three months of signals that is plenty of time to assess if this is a keeper or not. While 90 pips the first night is a good start, it certainly doesn't prove anything...not yet, anyway.

I echo calls for extreme caution. My assessment is this is likely a scam until they prove they have successful signals by going public with them.

Following is an email exchange with this company:

Hi Kayode,

I did google Retson Tedheke and discovered on forexfactory he was banned from posting for violating posting rules. He supposedly was going to give a month of free signals publicly but never got to because of the ban. To have any credibility, please find another public forum where he can validate his claim of 95% accuracy (since you don't want to give any free trials).

If you are serious about establishing a track record as a reputable company, perhaps the best way is to check out and sign up with www.collective2.com a company which already monitors over 5,000 mechanical and discretionary trading systems.

As far as your guarantee I seriously doubt I as a foreigner would have any clout with the EFCC if you refused to honor your money back guarantee. But if you are not a scam operation, you really should go public and post your signals with www.collective2.com

kayode@forexbustop.com wrote:
Hello Chang,

We are not a signal Company, we don't sell signals but we offer our traders the signals when they order to get them use to the strategy.

We open up our Physical location, Our Phone Numbers, Email Address and every information about our Persons to prove to you we are genuine. How many strategist do what we have done? None.

Google Retson Tedheke, and see details about the developer of the strategy.

You are into the currency Market, where risk is usually at the highest level, take this risk of ordering this product and you will be shocked at how easy it is to trade this market.

I am a Nigeria, I will not use Paypal or Credit Card. I decided to use E-gold and Western Union to accommodate those that could not have access to the best because we where from the third world.

You can report our office to EFCC (The Anti Online Scam Body in Nigeria)and i will be prosecuted if i scam you. But i can guarantee you, there will be no need for that.

Make a choice, we spent over $100,000 buying systems before we got here.

Thanks

Support Team
www.forexbustop.com

> fullname: Bob Chang
> email:
> comments: Is it possible to get a trial subscription to your daily signals, perhaps for 2 weeks? Since you say there is a 95% currency prediction accuracy it should be easy to verify within that time period if it is true. Obviously, if it is profitable I can order your strategy and will recommend it to every one. But I am cautious about ordering because if I directly send you a money transfer by Western Union, even though you
say there is an unlimited money back guarantee, how do I know you will keep your word?

traders loss lots of money trading forex and if risking little of your funds in buy this package, isn't it worth risking.
you receive emails on positions to enter,
analysis of happenings in the market. what else.
i enjoy my daily income.rekson u the man..proud to be a nigerian..

yes,Pak Ali is right i purchase this system it is http://www.forexfactory.com/showthread.php?t=38467
that i have it and i get it free when i refund-request i never see my money again.

Don't buy this system , is no worth to pay for , this strategy is approximately like time to time breakout system and u can get free at here

http://www.forexfactory.com/showthread.php?t=38467

This moron still want to charge USD 150.

After reading all the reviews, I can say I don't see any traces of discrimiation can be found. Instead, what I found was traders here were concerned about the 95% accuracy rate claimed by the vendor plus the form of payments that make traders quite uncomfortable. By no means I doubt the honesty of this company, but I do hope that the vendor can accept pay-pal and credit card payment with unconditional refund policy within say 2 weeks after purchase so to ease traders' concerns, unless it is because Nigerian government doesn't allow these 2 forms of payment to be used in this country.

If the system works consistently the way as what the vendor claimed about the accuracy rate, I am sure the vendor won't see any refund-request happen.

i am proud to say that i have found what i was looking for. i am not gone tell you how great and easy to use the system is. im gone tell you this : i am free to do all the things i have dreamd of...! i have got into a new family which called the forexbustop family. i have answers to all of my questions every single day and i keep on learnning new things every day. im not gone tell you that i quit my day jub and thats because i like my day job but the diffrence is that now i have two pay cheks.. guess which one is higher.
i have a lot of respect to the developer of the system - retson tedheke and to the nigrian people.
keep up the good work
liran , israel

I understand the caution that some have about buying anything from Nigeria. I figured that I could afford to lose the small amount that Retson asks for his system. So I wired him the money. I got the system emailed to me immediately. What I got was a 37 page manual with very clear illustrations, custom indicators for the MetaTrader 4 platform, and a bonus section which consists of a collection of forex articles from many sources.

Two different techniques are explained. The first is a once-a-day method which is easily calculated. Retson has modified his tactics slightly since the manual was written, but he has kept his users informed via email. The second approach uses his custom indicators looking for signals in real time trading. I haven't used this much.

The signals he emails every day refer to the first system. I get them faithfully every day. The concept is simple and effective, and is profitable in my experience.

I have sent several emails with questions, and have always received a prompt reply. He really does care about his users, and wants them to succeed.

Entries on the first system are through buy/sell stops. These are usually hit in the middle of the night New York time. So I program MetaTrader to sound an audio alarm when my order is triggered. Then I set a TTO with profit and stop loss targets, and go back to bed. This has worked well for me.

It's a real shame that some people think that intelligence and integrity only come from white anglo-saxon countries. Give Retson a chance and he will prove you wrong. After all, the total price is half the one month fee for the Forex Diamonds room. I made 90 pips the first night, which paid for the system many times over.

If you must trade with peace of mind and high pro bability of making profit every trade,then this guy strategy is highly recommended.I have use so many strategy even foreign one but all of it make my trade more miserable.Since i bought this guy strategy have never have a single bad trading day,not that i did not lose in some trade but above all i still have more positive PIPS at the end of the day.For your information RETSON TEDHEKE is now my personal forex COACH AND MENTOR.