First of all I’m new to the board but read the site daily. Great site and it’s helped me learn a lot about the adventure that is forex trading.
I’ve been using a demo account for a little over a month now and i’ve been down about 15 percent which I guess is normal for a newbie.
My question…I saw this thing on youtube called “Forex Trendy”. It’s not a robot or anything like that it’s actually a cloud based program which gives you buy and sell indicators…it’s up to you to actually do the trade. They charge about $37 a quarter as a fee for using this service.
Anyone tried it? Is it a scam or the does the program actually work? The site offers a 60 day money back guarantee but I’ve had a hard time finding neutral, 3rd party reviews regarding it.
If this is the wrong section/sub forum I apologize…let me know and I’ll delete and re-post in the correct forum.
If you see you don’t like it just a get a refund. It looks like a Clickbank product so you should be solid on your refund.
But to be realistic, one of the best ways to determine a trend is to use a Moving Average. Its clear when using moving averages which way the trend is going.
I have not tried it and I never will, but I can give you the same advice I gave others with similar questions: Try for yourself and see if it works for you as that is all that matters no matter what others say about it.
Stay away and learn to trade! It’s just another signal service! Are you in doubt about the trend just get yourself into a chart with range bars or renko that should tell you in a very clear way where the trend is going.
I am not a big fan of paying for the trades of others and prefer to trade my own trading signals. If you do not mind the fee go ahead and try it, see if you get the results you are looking for.
