Tuesday, September 30, 2008

A Review of Forex Assassin - A Software Based Currency Trading System

By William Alheim Jr

Product Description

The Forex Assassin is based on following the four steps below.

Step 1: Each Saturday you extract exact prices from the market.

Step 2: You take those numbers and plug them to the Forex Assassin formula.

Step 3: The formula immediately calculates out exact entry, take profit and stop loss prices.

Step 4: You set the orders with your broker. The software was developed on the following premise; "that the most successful and easy to implement Forex systems are the ones that are the easiest to trade and are 100% mechanical."

Product Key Points

1) It is a 'price driven' system. In other words, uses absolutely NO indicators whatsoever.

2) Can be used by even the most inexperienced traders. The system is so easy to use that even if you have never traded Forex before you will be on your way in less than 5 minutes.

3) Has been proven to generate as much as $800 from a single trade.

4) Over 1500 Forex traders have already taken the class and learned formula.

5) It is an easy to implement Forex systems and is 100% mechanical.

6) The simple formula is a reflection of what the developer has learned throughout a long period of trial and error.

Product Review

This a Formula based software ingenuous programmed requiring you to enter data in a specific section of the software and is rated as a Low Top Tier Product. The Forex Assassin made consistently profitable trades during testing. The core reasons it did not receive a higher rating was it depends on you entering the data yourself, which of course could possibly lead to human error. The final rating was calculated at 8.5 out of 10. Under normal circumstances an 8.5 does not make our Top 10 list, but the Forex Assassin did because of its profit ratios per trade were at the high end of the range. In the future, if an upgrade of the software is introduced which does not require human intervention this product should see a significant jump in its rating level.


William R. Alheim, Jr., CPA, MA - We have researched 100's of Systems and only listed our TOP 10 SYSTEMS and we threw out the rest so you don't have too.

You can also visit http://www.tradingforexreviews.com/ to learn more about Forex Brokerage Firms, Software Systems and Educational Courses. Good Luck! I look forward to seeing you on the trading floor making money!

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