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Old 10-31-2008, 02:32 AM
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Default Forex Scout 24 Review

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Old 01-12-2009, 10:51 PM
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5 stars may seem like a lot, especially in light of the 2 stars below, but the review guide does state to give 5 stars if "far better performance than expected".
Here's my reasoning behind rating:

First off, I'm not a newbie... I've been involved with fx for a few years, and have tried many strategies, robots, signals, managed accounts, etc. with varying degrees of success & failure.

I've been using this service on a LIVE account since 12/12/08 on only 3 currency pairs with a low risk setting, and as of today (1/09/09) I have had 19 trades with 16 winners & 3 losers with an overall account increase of 22%.

And the cool thing is, the provided EA places the trades automatically on signals it gets from the provider's server - so you're not relying on static EA logic. In this case the strategy is with the provider not the EA and as such is adaptive.

I have dealt with other signal providers where you have to manually enter the trades, and have found it difficult to follow the same trades because of my work schedule. I have also worked with automated trading systems, like those found on C2, but haven't found any thus far with consistent stratgies.

Admittedly 1 month is a short timeframe, but I wanted to share my findings so far, since the results, so far, have exceeded my expectations. Will it continue? I don't know... but so far so good...

I will share my settings with Micheal, so you can get them from him...

Cheers, and best of success in your trading in '09!
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