Forex trading coaches

Has anybody used them And their system? If so what did you think?

Regards?

I have been a member for about four months now. I have traded profitably for two years, but I have switched my system to the MACD3 by Forex Trading Coaches, as my back testing shows I'll do even better. Steve and Wade are honest guys who tell it like it is, a refreshing thing in this market. They are the real deal. If you have been losing, I highly recommend you join this group. At $129, for me, it pays for itself with just a few pips. But don't just take my word for it, check them out for yourself.
http://member.forextradingcoaches.co...hp?r=1009&i=l0

I trade their system. Simple yet very effective. Live trade call profitability is above 90%. Interesting slant on reading the market using only 3 standard mt4 platform indicators

results.

http://www.forex-trading-coaches.com...s-Results.html

Another great day of pips in the room today!

The MACD3 system is a trend following system where you find the time frame that is out of alignment and wait for a pullback before entering with the trend.

Steve does a great job explaining what has happened on the charts, he seams to be amazingly at one with what has happened, but NOT necessarily so with regards to what may be playing out on the charts.

If you get on their training you'll often see large numbers of pips pass them bye while they're sitting around waiting for trend realignments. And when that happens they'll often not even take a trade. If one could read the charts as well as Steve one would think that at least some of the big pip movements passing bye could be caught. Most all their setups do not setup till the European session, great if you live in Europe.

If you look at their trading record you'll see that most ALL the trades are small scalp trades, with the exception of a few that were lucky enough to get caught in the right direction of a news announcement. For a major trend trading system, if one could really read the charts as well as Steve, 200-300 pips every two to three days should be common place. Funny, they think 30-50 pips daily is good with their system... with the longer term trend???

When I say they I am referring to Steve and Wade, I do not know why Wade is even there. They are both supposed to be knowledgeable on their MACD3 system. I heard on one of their daily sessions Wade mentioning a small realignment on the one minute for one of their additional trades, they do not trade off the one minute chart, but what transpired in their conversation is what I am referring to, Steve corrected Wade in that the realignment was not a 1 minute but a five minute. Makes one wonder if Wade really knows what is going on.

To further that hunch Wade never does any teaching, he offers credit for the day if Steve cannot make it to teach. I do not really know what their true relationship is, maybe Steve feels indebted to Wade for something as Wade seams to be Steve's cheerleader and pep talker to get subscribers to keep paying for monthly memberships.

All in all I would say, give them a try just do not sign up for more than one month as you maybe disappointed in hearing an expert coach you but not take qualified trades, all the while seeing large numbers of pips fly out the window and their setups waiting for the night owls.

hi there notime,

While I can see some of points are valid my experience of being with them has been great, to the point where it is gradually moving me into the small percentage of consistently profitable traders.

Ive been with them since not long after starting this thread, so its probably not for someone who is looking for a shortcut but the method of trading is working for me and suits my style of waiting for high probability setups.

e.g last Friday was a perfect example of getting in a trade with a 2 pip drawdown that went on to move 70 pips in my direction but it also took the patience to wait for it to play out so if your the type of person who likes to be in and out of the market a lot each day then it may not be the best system but it works for me and a lot of other members in the room.


Regards

Rump.

Can someone give an updated review about their services? Who runs the London session chatroom? Steve or Wade?

Are you guys still subscribed to the service and making tons of money by now?

Should have signed up for one month and save a couple hundre. The most confusing system ever. Maybe Steve just talks too fast not to mention that he often looses you because he gets off topic and then back on again in the same breath, don't know if you're comming or going. And Wade... just a pep talker side kick, like a pet or something. He can't even agree with Steve if the trade is a sell or a buy.

Has anyone tried this service? I like to hear some customer feedback. Are there verifiable trading results like TradeExplorer or Myfxbook?
http://www.tradeoutloud.com/

experience is the best teacher after read the basics of forex

In regarding to forextradingcoaches, l'm gonna have to warn you. They're very good at taking your money. l email to Steve a week ago by canceling my members acct and asking for my 30 day money back. Til tis day, l have not heard from him. l even got charged the next month. No refunds, and still charging me. l wrote a total of over 4 or 5 email to Steve. No respond back. Now l have to talk to my bank and the BBB to get my refunds back. What a mess.

l think Steve is getting greedy and won't reply back to me. It's very hard nowadays to find a good forex company. l only know a few good one . This one is not one of them. Be very careful. l hope Steve refunds my money back and the money they took for the month of April 2014. Which l already email him a week ago about the cancellation. l think the forex community should do a deeper investigation on them. they have a good rating before. But now, greed creeps in.

good luck to you all.

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