PurplePatchForex.co.uk Review

4.525 • 14 REVIEWS
Out of business
Updated: Apr 13, 2022

Website shows "Service Suspended"

PurplePatchForex.co.uk
Out of business
4.525 • 14 REVIEWS

Recent User Reviews of PurplePatchForex.co.uk

D
Dan
Gothenburg, Sweden,
Jul 23, 2012,
Guest

Al is a great guy and a great trader. I subscribed to his site a few months ago and he has really helped me through his content and his trading methods. I especially liked the 15 Min Trend Continuation Strategy. Before I started I didn't knew much about the forex market but now after these months I can say that I understand how things move. I'm finally able to see green in my account instead of red and that's thanks to Al and his website. I would definitely recommend this to anyone that struggles with forex.
M
Markie
Manchester,
Oct 4, 2011,
Guest

I've been with PPF for a while now, and I like it, it took me much longer than I thought to get to grasp with the 'Cat and Mouse System', but in the end I did and the compounding is really quite effective, all those small gains add up, but recently with all the volatility I've had some fantastic winners and a real bonus.

But also this really is a lifetime membership deal, PPF tells it how it is, and comes up with another easy to understand highly effective strategy, and the service just keeps on improving, I now get regularish emails about any new stuff that's worth looking at, and also personal mentoring when I need, it's one of the best value for money Forex training I have bought.
I
Ian Pitman
Cape Town, South Africa,
May 24, 2011,
Guest

I've been trading the correlation strategy profitably for a few months now, it's great it really is great, it's simple and it's profitable.

Alan is very helpful, but it's the simulator that really clinches it, it lets you practice practice practice, it speeds up your training no end.

If you are looking for a roller-coaster ride of gaining lots and lots of pips and losing them, then this is not for you, small consistent gains make some really decent profits in the long run, it's a marathon not a sprint.

Thank you for a great little system.

Ian.
J
james reynolds
london,
Nov 28, 2010,
Guest

profitable for nearly 3 months now, you have to be patient and it's not as easy as it first looks, it is game like, this is what I really like about it, you have to concentrate quite hard, but you don't have to think and analyse and let all that stuff do your head in.

This product at the very least deserves 3 stars, becasue you do get what you pay for and it performs as expected.

It is mostly only a few pips here and there, but being able to trade at this leverage means that on the odd occasion that you get the 15 PIP+ trade, it really makes it profitable and worthwile.
A
Alan
UK,
Nov 27, 2010,
Guest

I'd just like to respond to the last couple of criticisms, and for some part I do agree with it, it is a game like way of trading, but there there is no way that you can memorise the moves.

For some people it can be a shortcut to profit before progressing to 'more serious' trading, but not for all.

The system does require intense chart time, but doing this at the best times can be very profitable.

I notice that the criticism is also about PIPS not Profit.

Becoming a profitable Forex trader takes patience and time, and this system is no different, and I hide nothing, very different to most systems out there - I don't hide anything, you know exactly what you are buying before you pay for it. I obviously can't guarantee anyone's success, and I'm not going to start giving refunds to people because they don't succeed.

I still maintain that for the price it's worth a shot, you can easily waste a heck of a lot more money a lot more easily than here.
G
Gavin
London,
Nov 24, 2010,
Guest

won't recommend this. was a waste of money,at least it didn't cost that much. Basically it is a simulater, you get one chace to buy and then sell. after you've taken profit/loss, the screan refresh and you try again. so a bit like a computer game, but you only have one life. when you've taken profit/loss you start from scratch, the candles don't continue on a graph like in reality so that you can try and make up what you've lost or build on your gaines. And when you've done a few of the screans you can start memorising them so you know when to buy and sell...
R
Rick
MN,
Nov 23, 2010,
Guest

I purchased this program based on the 5 star ratings, thinking maybe I could learn something to assist me in my trading. After looking at the system as a possible addition to my own trading plan, I have to say this is not a serious trading system. Yes I think you can make a few pips with it. If you are serious about trading I would avoid this system as it would be a waste of your time.

The system requires intense chart time for just a few pips, that is not a sensible way to spend your time in trading as far as I'm concerned. Now if you were making serious pips that's a different story, but that is not the case with this system.

The 5 star ratings attached to this system has puzzled me, but after thinking about for awhile I realize these are most likely very, very part time traders and they enjoy the success of picking up a few pips.

One other thing I learned is the mandatory risk statement that every trading system must disclose is where the owner of this system has imbedded his no refund on software statement. At a minimum I would call this a bit shady and maybe bordering dishonest.

There are many systems out there being sold to the public that are not worth taking the time to learn, this is one of them. There are 2 that I know that are really good and are for those that would like to make an income. But I refrain from mentioning them by name because that would be perceived as I'm advertising for them, which I am not.
M
Malcol London
UK,
Sep 1, 2010,
Guest

2 simple strategies I trade, and this is one of them, it does need some degree of concentration, so I only trade it one session, then I switch to my other.

It's quick it's handy, easy to follow, like nearly everyone else says, it is the simulator that is the key here, instead of waiting for the market to practice you can just practice over and over and over again, practice it, learn it, make money.

All in all pretty good value for money.
L
Lady Luck
United Kingdon,
Aug 16, 2010,
Guest

This is a great little system, it's got me going in Forex, being able to trade this means I can carry on in my main job for the time being, but also trade this when I get the chance, so it really suits me, I'm making a profit and I know I just need to carry on until my capital will be big enough for me to earn a living from it.

What I really like is, if I haven't had the chance to trade for a week or so, I can go on the simulator for a quick refresher.

The videos show you exactly how to trade and also how not to trade which is just as important it really is a complete package, and any missing bits are filled in by some decent mentoring.
L
Lauren Booth
Scotland,
Aug 3, 2010,
Guest

This is a cool little system, I'm looking to learn a lot more about forex in the future but as for an entry level system, this is great and you can get to learn it so quick with the simulator.

The top and bottom of it is, I am making a profit, and I'm not sure if I will actually make any more with more complex strategies, it's one heck of a struggle at the moment, but I've got my little purple patch system in the meantime.