Users Rating:

Editor's Rating:

FX Rogue was created by a former insider who speaks out strongly against the “Forex Cartel” and promises to release the secrets of his former bosses. While he was an insider, he claims to have made almost $15MM trading Forex and gained a lot of “inside” knowledge. Now he feels it’s his personal mission to help educate the masses in trading Forex against the “Forex Cartel”.

Price: $804.00

Date: January 05, 2012

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Views: 94

Reviews: 2 Reviews

  • User's Rating:

    Overall Rating

    Consistent Performance

    Risk Management

    Forex Rogue is a born Loser

    THE GOOD:

    trades prolifically with mostly small wins (when it isn't losing)

    THE BAD:

    trades prolifically with large losses (which constitute about 50% of trades)

    THE BOTTOM LINE:

    Ran my demo account down by 30% before I quit it and refunded

    REVIEW:

    Like most EA's of its ilk the spruik is never matched by the performance. However all the usual suspects (read "affiliates") endorse these "total waste of timers", including all the better known (and some "respected" identities). Why they'd put their street cred on the line just for the bucks they get for their endorsement? Well that's between them and their conscience with a lack of business sense featuring in there also). How could you ever trust "them" after they've squandered their FX street cred by endorsing a clear scam.
    At least Plimus has now woken up and divorced itself from all FX products. They're seeing the downside of being associated with Fx CROOKS.
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    REVIEWED BY:
    John
    Jan 25,2012

  • User's Rating:

    Overall Rating

    Consistent Performance

    Risk Management

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    THE GOOD:

    trading is like a university tiacuedon, it requires on the order of 10 to 20 years to become proficient and you have to be ready to accept it as a full time career. With that said, the broker that I use is oanda. I use this broker mainly because it allows smal

    THE BAD:

    trading is like a university tiacuedon, it requires on the order of 10 to 20 years to become proficient and you have to be ready to accept it as a full time career. With that said, the broker that I use is oanda. I use this broker mainly because it allows smal

    THE BOTTOM LINE:

    trading is like a university tiacuedon, it requires on the order of 10 to 20 years to become proficient and you have to be ready to accept it as a full time career. With that said, the broker that I use is oanda. I use this broker mainly because it allows smaller lot sizes which allows me to be very flexible with my exposure.My recommendation- do not trade with less than 50k account. Do not trade live until you have risk capital (money that you will not need or regret losing) or minimum few years on paper accounts.Forex research is a huge topic. Do not fall for technical analysis, it works in some situations, but the best bet would be to read the prices correctly via price patterns and timing. Do not trade during non farm payrolls or during tokyo and NY lunch hour. Trade during the overlap of US UK sessions for best liquidity. Watch for inflation levels, what central bankers say (and if what they are saying is just a warning or if they are serious about it).For example you would want to monitor the japanese central bank decisions right now because their currency is strong enough to make their bank sell it to lower the price to keep exports competitive. For CAD, watch for gold prices (oil is their major export). ect.FINALLY: the only way to make money in forex safely is with law of large numbers in terms of capitalization. You have to have an account upwards of 50 mil, so this is not a get rich quick thing. The real money lies in market making and dealing.

    REVIEW:

    trading is like a university tiacuedon, it requires on the order of 10 to 20 years to become proficient and you have to be ready to accept it as a full time career. With that said, the broker that I use is oanda. I use this broker mainly because it allows smaller lot sizes which allows me to be very flexible with my exposure.My recommendation- do not trade with less than 50k account. Do not trade live until you have risk capital (money that you will not need or regret losing) or minimum few years on paper accounts.Forex research is a huge topic. Do not fall for technical analysis, it works in some situations, but the best bet would be to read the prices correctly via price patterns and timing. Do not trade during non farm payrolls or during tokyo and NY lunch hour. Trade during the overlap of US UK sessions for best liquidity. Watch for inflation levels, what central bankers say (and if what they are saying is just a warning or if they are serious about it).For example you would want to monitor the japanese central bank decisions right now because their currency is strong enough to make their bank sell it to lower the price to keep exports competitive. For CAD, watch for gold prices (oil is their major export). ect.FINALLY: the only way to make money in forex safely is with law of large numbers in terms of capitalization. You have to have an account upwards of 50 mil, so this is not a get rich quick thing. The real money lies in market making and dealing.
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    REVIEWED BY:
    Names
    Apr 15,2012