Forex Ultimatum

Forex Ultimatum, any info on this is appreciated
They just released it.
Thanks

Has anyone looked into forex Ultimatum?
Any info on this is appreciated
Thanks
:slight_smile:

Yes, $330.00 later CAD, there is a big up sell for over $100.00 if “no” then another up sell for around $100.00 and then, if you aren’t happy with the product you have to send in your mt4 history to argue your way to a refund…
Surprisingly Pay Pal doesn’t seem to work on Ultimatum…
Now try to find a Email address or a phone #? lots of luck…
The how to get started videos and info are cursory at best…
If you go here you will be in over your head if you are a new be.

When I opted in to their mailing list, they sent me links to download some freebies. A couple of them – the Forex Trend Tracer trading system and the Trader Alert indicator, which is based on price action alone – look pretty good following a short back test. Today, they sent me another system called the “Bonus” system as a Halloween gift after I signed up for their Webinar next Tuesday.

Anybody try Forex Trend Tracer, Trader Alert, and/or the Bonus system yet?

As a newbie, I am starting to see the amount of hype and sales around robots and systems which will make me wealthy quickly. I have spent most of my time this week watching the charts, trying things, learning and thinking, and still I realise it is much bigger than I could have imagined. I see that there is only one road to success and that is hard work. Im confident I can work hard, but if I do and find a way that works (the way these sales guys profess there system / robot) would I give away to the general public all my hardwork for them to get rich for doing nothing ? I dont think so.
If these guys are soo good they can replicate it in a system and sell it, why are they spending there time developing systems and not trading themselves to early retirement ?

just some thoughts from a newbie :slight_smile:

I can confirm.
I have had it for two weeks, and only signaled 5 times. 4 were very bad.
Then I don’t get signals for days.

Getting the refund is nogood for 90 days. Then prove you lost money.
No documentation,no refund.

I spend a good deal of my weekends looking at various strategies, signals, and for a laugh an EA that actually works.

So I came across the Ultimatum last week and got a good chance to look at it this weekend.

Guess what? We have already seen this package before. This is nothing more than a repackaged Forex Area 51 Trading System. Same indicators, same manual, same set up, same trading strategies.

During my course of research I have found pdf copies of both manuals (NO I DO NOT HAVE THE INDICATORS SO DON’T BOTHER PMing ME FOR THEM!!!). And are they identical or what?

Check this out: First image is the trade set up for Forex Ultimatum and the second is for Area 51 (sorry for the crappy quality, MS Paint) .

I don’t know if the systems work or not, I just know that they are looking pretty much the same.

BUYER BEWARE!!!

Well this weekend, I to had a look at EA’s and indicators, and to be honest I too haven’t found anything at all that isnt something else rehashed or rebranded. I downloaded quite a few EA’s and found all but one failed. The one which didnt fail as such, had earned $125 on a $10000 demo account in one month. That was sum total over losses.

It is all a con as far as I can see.

I have been through this site, and in the two weeks I have had time to really look at trading, this is by far the best way to learn. Study hard, watch the charts, try new things, do the school, do everything on this site, and I think I may have a chance. There is no substitute for hard work and time spent learning the proper way.

Mick

thats all I have to say on the matter :slight_smile:

(Well this weekend, I to had a look at EA’s and indicators, and to be honest I too haven’t found anything at all that isnt something else rehashed or rebranded. I downloaded quite a few EA’s and found all but one failed.)

Hi Scottish Mike, which EA didn’t fail? thanks.

I’m looking for a simple EA for my mum, so she can trade the daily charts in the evening. To try and teach her complex trading strategies that i use will only overwhelm and confuse her.

man your mum is really trading
you must be joking :smiley:

haha. That’s funny. Hey, don’t be so sexist! If dad’s can trade, then why not moms?:wink: