A fine service
My, there's a lot of positive reviews suddenly. Well, here's another one.
My creds are that, new to fx, I have spent much time researching the sites and offerings, including a few months as a member of fxmoneymap. On the topic of FXPeaceArmy, you seem a very valuable service considering the sharkpool in which we try to operate (and of course some knock you too), so as a grateful user I ought to contribute some comments.
To spell out something not made clear so far: the moneymap is not a scheme or method, it is a way of viewing the data that allows you to see patterns not obvious elsewhere. In the end, it is mainly a concentration of fibs and MAs with, crucially, several timeframes. That is not to belittle the achievement of Andy and the developers; the new insight it gives is remarkable. Someone says they can get the same in their own way, but not in the concentrated, at-a-glance form the MM provides.
But there's more. As a member, you get access to hear live comment on the markets, to watch trades (both alerts of setups that may be forming and - as fast as they can - trades put on by the mods), and - amazingly - you can ask questions, be they never so dumb, and receive helpful answers from both the mods and any other member who is online. This is beyond price for someone like myself, since there is so much to learn.
Even before signing up, you can see the sessions recorded, hear the comments and learn a great deal from the free videos on the site.
The mods, by the way, are getting nearer to providing a 24/6 comment and advice service. When they are on, they are uniformly helpful and constructive, never begrudging time to go over things, including vital money management and other issues unrelated to the map. They put themselves under pressure by advising and trading at the same time, which they don't need to do, and you can see both their successful and not-so trades and learn with them.
So, firstly, this software does what it says on the tin and is therefore no scam.
Secondly, for adult users, who blame only themselves for mistakes, are willing to learn and contribute, this is a godsend. It is no magic bullet, taking away the need to get the knack, manage your soul etc. But it is a unique combination of tech tool and mentoring.
Thirdly, I have not spoken to Andy, but watching the videos you can see he enjoys patiently explaining the basics and answering questions, which has been a great help to me, for one. If he is a businessman trying to make money, well so are we, right?
It is a lot of money, but I'm very glad I bought it and hope to see some of you on the site one day.
Good trading