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Is This Just Another Robot or Is It Truly Something Unique?

Yesterday marked the launch of Forex Bling, a new forex robot developed by currency analyst Yohannes R. Gagahlin. I’ve been looking forward to this launch for quite a while, because I received some pre-launch information and knew that this robot was going to be different from the usual stuff that we see every day. Is this product truly unique or will it be just another disappointment? In this post I hope to help you find the answer.

When you visit the Forex Bling Website you can already see that this is not the usual hyped up sales page we have seen so many time. There are no bold promises of doubling you money every month, no fancy backtesting reports showing astronomical growth and no promises of getting rich quickly. Instead you find the promise of realistic, but consistent earnings, proof in the form of of live account statements and some insight into the product itself.

The second thing that is very unique about Forex Bling is the fact that the package consists of 3 distinct Forex robots, each using a different trading strategy. The Thunderbolt EA is a scalping system, the Freedom EA is a trend following system and the Evolution EA is a breakout trading system. In addition to this, a second scalping robot as well as a grid trading robot will be added to the package later in the year. The result of this is a system that can profit from virtually any type of market.

Another thing that caught my attention was the transparency shown by the creator of this product. Forex Bling is not like the usual robots we see where everything is fake, including the name and history of the creator. A lot of information is revealed about Yohannes Gagahlin’s experience with Forex trading, including some detail about other products that were launched by him in the past. The special report offered on the Forex Bling Website also contains a lot of information on the trading strategies used and shows various examples of the performance achieved in live accounts. You can download a free copy of that report here.

Bottom Line – Is Forex Bling Worth Buying?

I have not had a chance to test Forex Bling yet, so it is way too early to tell if this product will deliver or not, but the information I have seen so far has certainly made me very interested. At an average price of $33/month this product is more expensive than Forex Megadroid for example, but if you consider that you will receive 5 Forex robots and everything else that this product offers then this price is really not that expensive.

As a special bonus for the launch, they also of a free copy of their Fractal 4 Breakout robot to the first 100 new subscribers. This product sells seperately for $197 and has quite an impressive reputation on its own.

Click Here to Visit The Forex Bling Website

A Possible Winner Without the Usual Hype ?

Because of some information I received from one of my subscribers I recently decided to investigate the Pips Leader Forex robot. As expected, the Pips Leader Homepage feature screenshots of Forex accounts making thousands of dollars per month, charts showing consistent earnings and the promise of a profitable automated system. We all know that most of the reviews online can not be trusted, so the question is – does Pips Leader really work or is it just another scam like so many others ?

Click Here to Review the Top 5 Forex Trading Robots

Pips Leader

I have read many reviews from users of the Pips Leader system and I have to say that it was hard to find any negative comments about this product. Those who did lose money or gave Pips Leader a bad rating didn’t seem to understand the money management requirements of this system.

A Basket trading system like this can have up to 30 or more open trades at any given time, so it is important to understand what your percentage of risk is in order to avoid margin calls. While the Pips Leader Homepage states that you can start with as little as $300, the amount of margin used on such a small account will be way too high and the general feedback from customers is that the optimal account size for Pips Leader is $2000 or more.

I am very impressed with what I have found about Pips Leader so far and decided to make this the 2nd Forex robot that I will test in 2009, in addition to the recently launched Forex Megadroid. Check back regularly or subscribe below to see my latest trading results using this system.

Click Here to Review the Top 5 Forex Trading Robots

I’ve been using Fap Turbo for only a day and a half now, but so far I am impressed with what I’m seeing. The long term strategy has made some big profits and the $5000 demo account I installed it on is already more than 500 pips in profit for a net profit of over $1000. There are many settings that can be customized inside Fap Turbo, but more detail on this in a later post.  See my full review here: http://fxtradingreviews.com/fap-turbo-forex-robot-review/

January 2010 Update: Read my full Fap Turbo Review here.

Fap Turbo was launched today and I must say that I was very excited to get a copy.. a few minutes before the launch time I was already sitting in front of my pc refreshing the Fap Turbo homepage every couple of seconds, afraid that I would somehow be too late.

Well I got my copy and as of 10 minutes ago the Fap Turbo robot is activated on 5 currency pairs in my demo account at Interbank FX. I have spend a couple of hours reading the manuals, watching training videos and checking out all the various settings of the system. So far I am VERY impressed with what I’m seeing.

The Fap Turbo system basically consists of 2 seperate trading strategies – Firstly, a long term strategy that is basically an improved version of Forex Autopilot, but with much more detailed documentation, a fixed stop loss strategy and various other changes that make it more profitable. Secondly, a short term strategy that is something completely new, very profitable and very low risk by the looks of things.

I will try my best to post a detailed review of Fap Turbo over the next day or so, but in the meantime I would definitely recommend that you check it out for yourself, because they are apparently only selling a limited number of copies. I have decided to suspend my testing of Forex Autopilot for now so that I can focus on testing this product for a while.

January 2010 Update: Read my full Fap Turbo Scam review here.

Is Fap Turbo Just Another Scam?

January 2010 Update: Read my latest Fap Turbo Review here.

There has been an incredible buzz around the launch of the Fap Turbo Forex trading robot and like many others, I have been caught up in the hype. The question is, am I going to waste my money or will this robot be the real deal ? The reason for all the hype is quite simple: Fap Turbo offers solutions to the problems that are commonly experienced with other Forex trading robots. The common problems with trading robots are:

These are the main reasons why I decided to buy Fap Turbo. I have spent the last few days reading their promotional material, watching their videos and checking out the live accounts that they have on their site and so far haven’t come across anything that raises the alarm bells yet. At the time of this post they have not launched the Fap Turbo yet, but I will be one of the first in line when they do. I dont know if there will be a limit to the number of copies sold, but this time I’m not waiting around to find out. I will post more detail as soon as I have had a chance to see how the product works.

January 2010 Update: Read my latest Fap Turbo Scam review here.

January 2010 Update: Read my full 10 Minute Forex Wealth Builder Review here.

As I mentioned in an earlier post, I recently purchased the 10 Minute Forex Wealth Builder product in order to test its profitability as a part time trading strategy. I finished learning and back testing this system and started forward testing it yesterday. Unfortunately there has been no trading opportunities so far, so I have nothing to report on yet. In the meantime I have written a detailed review on the product, which you can find here:

http://fxtradingreviews.com/10-minute-forex-wealth-builder-review/

Reviewing a manual trading system is not easy, because you can’t reveal much information about the product itself, but I hope that the above review will be helpful to anyone that is interested in this system. Please leave a comment here or sent me an email if you have any questions about this system at all.

January 2010 Update: Read my full 10 Minute Forex Wealth Builder Scam review here.

For those who are interested in the Forex Funnel product, see my full review in the “Pages” section to the right or click here: http://fxtradingreviews.com/forex-funnel-review/

I have stopped testing Forex Funnel for now, because I’m looking for a system that uses a more conservative trading strategy, but because I have already spent the money on it, I will probably revisit this product in the near future.

For those who are interested in the Forex Autopilot product , see my detailed review of it here. The review contains more details on what exactly you receive with the Forex Autopilot product, as well as a backtesting report for the 2008 year so far and some of my initial thoughts and recommendations about the product. I hope this review will clear up some of the questions you may have about the product.

Get the review here: http://fxtradingreviews.com/forex-autopilot-review/