Forex Backlash

People are making $100,000+ every year with Forex trading, why aren't you?

Well we believe you SHOULD be making that kind of money, so below are reviews of the top three Forex products on the market today.

Forex Backlash

Forex Backlash is first and foremost a Forex trading workbook; once you purchase that they also offer an "Advanced System" for an additional $67. So if you want to actually learn how to trade Forex this is perfect for you. We'll talk about the "Advanced System" in a second.

FB was created by "Forex Trading Manuals", who as far as we can find out, are dedicated to creating/testing Forex products. No information could actually be found about the development team so I contacted them; I was reassured that their system had been tested for years. We're pretty sure these are the same guys that developed "Forex Raptor", which sold like crazy.

Okay so as I mentioned this is primarily workbook to get you to understand everything there is to know about Forex trading. You'll learn all about indicators, taking advantages of high/low prices, time frame trading, risk management, profit trading/stop-loss, and a whole lot more. It's quality information that will prepare you to trade on your own with ease.

Here's the thing though; if you buy the workout within 7 days of the launch (launched July 1st) you get the book for $77 (going up to $97 after the 7) + the advanced system is $67. So within 7 days you're looking at $144 if you choose to get the advanced system; $164 if you buy after the 7. If you only want a trading system, look elsewhere. You can get an effective trading system for much less money.

That said having both the book and the trading system does have its advantages if you want to learn how to trade. You can learn using the book during the day, click on the trading system and go to sleep; this way you're not missing any trades. It's backed by a 60 day no-questions-asked money back guarantee so there's no risk buying it but again - if you're just after an automated trading system look elsewhere and save some money.

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Forex Tracer

Forex Tracer is quickly becoming one of the most popular Forex trading systems available. It has been designed to autopilot so previous experience doesn't play a factor, it's for both experienced and those that are new to Forex trading. The owner claims they have made $18,000 in 9 days. Yeah, you read that correctly.

Not much information could be found about who designed this Forex trading robot, all we could find was they are "expert traders". The idea is to make large sums of money just by leaving your computer on and letting Forex Tracer do the trading for you; or you can pay attention and learn. Either way is safe and 100% legal.

We found Forex Tracer to be insanely basic. No fancy wording or knowledge is necessary (big plus for those who are new) and figuring out how to use it was a dream. Had it up and working within minutes. You literally just download the file, drag it to a folder, open an application, drag the file one more time and click a button; that's it.

Okay so the results were good; we started another account since results were great the first time around. From the 25th of June (2008) until the 27th we have made $1,830 profit. It runs on the EUR/USD pair with the periodicity set to 30 minutes. Forex Tracer bought @ 1.5596 and sold at 1.5779 giving us $1,830 profit and bringing our grand total to $6,830. That's what we like to hear!

If you're a bit cautious about trying Forex trading what you do is use the demo account for 59 days of the 60 day money back guarantee. A demo account lets you play the trading game with "play money" so you can see if you can profit from the trading system without investing your real cash. Use the demo account for 59 days and if you see you can make profit you keep the system and feel confident when investing your real cash. If there's no profit to be made you get a refund and try another system; there's literally no risk when buying Forex Tracer.

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Forex Autopilot System

Forex Autopilot System is currently the most purchased Forex trading system to date. It works on a platform called MetaTrade4 which you may or may not have heard of depending on how long you've been in the Forex game. Much like other Forex trading systems that run on Autopilot it is designed to run 24/7 and it was designed to be easy enough for a total beginner.

The Forex Autopilot System was created by Marcus Leary who was a Forex trader employee before going solo and becoming his own boss. He eventually met Steven Strauss (the programmer) and created this final product. Naturally Marcus handles all of the Forex support where Steven does the programming.

As with all the programs mentioned on this site, experience isn't a factor nor needed. You can also test the waters with demo account, which again, we like.

Okay so here's the deal, there are two downfalls to this trading system. Number one is it takes FOREVER to make trades. Seriously it took 3 weeks for it to make the first trade; lame, it missed out on a ton of profit. On top of that it may not make a trade within the entire "money back guarantee" time so you won't even know if it works. The second thing is it does not use stop loss orders by default; we don't like that. Stop loss orders do exactly that, stop your losses.

For the price of $99 we weren't very impressed, to be honest with you. It just takes way too long to trade which is LOSING YOU MONEY. When Forex Tracer made over $1,800 in profit Forex Autopilot had the exact same opportunity; they were both running on the EUR/USD pair. It just sat there and didn't make a single trade and when it did trade we saw a little profit ($200 on a $5,000 account, that's terrible).

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