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Winner of the Signal Provider of the Week:
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July 18 - July 24 2010 - +1.24%
April 4 - April 10 2010 - +4.3%
April 11 - April 24 2010 - +2.13%
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Description:
About the Company:
GetForexAlerts.com has 3 traders managing and running multiple strategies 24 hours a day. Along with signals, they provide daily commentary on technical levels and a fundamental analysis on many currency pairs.
About the Strategy:
The GetForexAlerts strategy is based on a combination of 3 systems, involving both fundamental and technical analysis, trading around the clock. The 3 strategies are:
1. MatrixFx is manually traded mechanical system for intra-day and longer-term trades, primarily based on 15-minute to 4-hour charts..
2. AdelphaFx is a proprietary EA system that is actively managed by the traders. It trades primarily during the early Asian session and aims for 6-10 pips of profit from 5 currency pairs.
3. TLFx is a trend-line trading system that enters positions off of significant trend-lines when there is evidence of support or resistance and is managed by the trading team.
About the Risk Settings:
Fixed Lots: Not compatible - needs to be able to increase lot size.
% Risk Per Pip: Not compatible - needs to be able to increase lot size.
% Risk Per Trade: Not compatible - needs to be able to increase lot size.
Follow Provider: Required risk setting. Not recommended to go higher than "100% Follow Provider," which is a moderate risk level. For conservative users, try 50%-75% and see how it goes.
Price: 30-day trial for $10. After 30 days, the starting monthly fee is $99. To receive the signals for free, you can open a trading account with their preferred broker/provider. For more details, go to: GetForexAlerts.com. Please note that the trading volume in this account will not count toward our Free VPS offer.
Links:
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MT247 Verified Statements:
(Our demo uses a 100% Follow Provider risk setting)
(right-click and ‘save target as’ to download)
Previous Verified Statement:
Traded from March 15th, 2010 through June 9th, 2010 (about 3 months). Stats:
Net +12.9% gain, 67% winning trades, Total pips: +1,940.
Click Here to View Statement
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Previous Verified Statement:
Traded from December 14th, 2009 through March 5th, 2010 (about 3 months). Stats:
Net -1.9% gain, 60% winning trades, Total pips: -394.
Click Here to View Statement
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Account Updates and Memos
June 16th, 2010 - New Demo Created
The Forex.com demo account that was maintaining our stats expired. The old statement can still be viewed (above).
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March 12th, 2010 - New Demo Created
The Forex.com demo account that was maintaining our stats expired. The old statement can still be viewed (above).
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