TradeWindowFX.com Open Account
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Info
Advantages
- Daily trade signals given at 6GMT and valid for 5 hours, consistently
- 14 day trial period for $10
- 3 signal delivery methods users
Disadvantages
- There appears to be no live help or immediate chat featured available for assistance
- No money management advice
- No training
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rate: 4.00
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TradeWindowFX is a forex trading signals service that was established in May 2005. They trade the majors: EURUSD, GBPUSD, USDCHF, and USDJPY, and provide daily trade recommendations at 6GMT, just as the European session is beginning. This service seems to be a straight forward and basic signals provider and good for traders that trade the early European session.
The TradeWindowFX website is pretty basic and easy to navigate. Their method for trading is a “turtle” method that works well for profiting over a long period of time. Visiting their Results page shows pip counts of 2946 in 2005, 2409 in 2006, and 1863 in 2007. However, there are no pip count results given after June 2008. Monthly subscription rate is currently $67, but they also offer a 2 week trial period for $10. The secret to their success is that they always use a trailing stop and they let trades run until this trailing stop is hit. In reality, this method, they state, will show more losing trades than winners, but in the long run the winning number of pips will far outweigh the number of losing pips, because they let the winners run. TradeWindowFX uses IKON GM for their rates feed for metatrader.
Signals can be received in three different manners: email, sms text, or via a downloadable platform to your desktop. Also, a follow up results email is sent after end of day to calculate the daily pip results. There is no live chat or telephone for help, only contact by email. Also, there is no advice about money management on these trading signals, or any forex training per se.
This signals service is basic and meets minimal expectations for a signals provider. During this review process the results email was not received, but an email to TradeWindowFX was responded to quickly and they are in process of changing some back office aspects in order to better serve their clients, so this part of the service should be up and running this week. Recent monthly trade performance has been waning, making this reviewer wonder if TradeWindowFX’s trading system is losing its luster.
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