Forex Ambush

[baboon]

I subscribed to this service when it was first released.

The signals it generates are based on the Ablesys/ASC Trend system - AbleSys Trading System and Trading Software - Welcome - which is available as a modified free version known as LabTrend on the Forex-TSD site.

I know this because I was testing both at the same time!

To the best of my knowledge, all these systems are based on MACD. To a newbie they look great, but as with all these things, it's a trend following system that gets "killed in the chop", as our American cousins would say.

That is, when markets are range bound, you will lose.

I was completely unimpressed with Forex Ambush MKI. It sent email signals that (riskily) traded an ASC/LabTrend dot before the close of the bar. These signals should only be traded when the bar closes.

As their marketing still insists that their signals are 100% accurate, but they now have an MT4 robot to trade for you in MKII, I don't know how good their signals currently are.

What I do know is, they lied about their performance the first time and I will not be trusting them again!

If you have any experience of this, or know any better, please let me know. I am highly sceptical of anyone or anything that can claim 100% accuracy and am 101% convinced that this is untrue.

Simon.

[fxtiger]

Yes, you are Completely True.

My Co-Trader Joined it by seeing their promises.

Straight to the point----> Not Worth, Very Bad Signals,Not Recommended.

0/10 is my rating.