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Independent Review Of Forex Rebellion

Posted by admin | Posted in Forex Trading | Posted on 11-10-2009

Forex Rebellion

Review Summary

Overall Rating (5/5 Stars)

My Wealth Mastery Status (11 Oct 09):  Partial Approval  - Demo Trading

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Detailed Review – Let’s Take a Closer Look….

Creators:  Forex Rebellion system is developed by Russell (Russ) Horn.  However, the system is promoted by Oak Tree Publishing Pty Ltd, a company involved in marketing of many other successful Forex systems. Forex Rebellion is endorsed by the team from Surefire Trading Challenge.

Price: USD97

Release Date: early October 2009

Pairs Traded: The system can be used on many currency pairs however best results are seen on USDJPY, USDCHF, GBPUSD, EURUSD, EURGBP, USDCAD, EURJPY, and AUDUSD

Timeframe: M15, H1, H4, D1

Trading Window: N/A – because this system can be traded on different timeframes, it does not need to be traded at certain times only.

Trading Strategy: Forex Rebellion is a manual trading system. You learn the simple rules and then trade them. The creator of this trading system knew that everyone wants a robot that makes trading simpler so the Forex Rebellion System has a Trade Assistant which scans the market for you and alert you to valid trading opportunities. The system is based on a set of unique indicators that help you to identify possible trades and filter out the bad trades, different exit methods included in the package. The system is very simple and thus works for all traders, from beginners to experts. 

It’s important to emphasize that Forex Rebellion is not a trading robot, it doesn’t trade automatically. All decisions are made by you, but the system does everything to make the trading easier. However, since some knowledge is still required, it comes with a bunch of manuals and video tutorials that among showing you how to use the system, it shows you live trades being made.

>>> CLICK Here To See Forex Rebellion Performance Now!!! <<<

What You Get:  As owner of Forex Rebellion you get:
•    Forex Rebellion Manual (complete illustration including chart templates, entry, stoploss, exit, )
•    Forex Rebellion Custom indicators (filter between good and bad trades)
•    Chart Template
•    Trade Assistant (Alerts you whenever potential setup occurs)
•    Video Tutorials (includes introduction, time frames and currency pairs, indicators, entry signals, stop losses, exit strategies, putting it all together, bonus tactics, live trades and loads of other extras)
•    Dedicated support from trading analysts
•    Free updates for life
•    You also get bonuses worth over $450 and some of them are really useful.

License: You get access to all indicators and template to setup your charts.

Installation: It’s also important to note that Forex Rebellion is not a software – there’s nothing to install.

Customisation:  All you have to do is to set up the indicators and follow the rules. Example videos are provided so essentially you just copy what you see. There is nothing to customise.

Money Management: There is a video to teach you about money management. Because this is not an EA, money management depends on your personal risk profile

Broker Requirements: The system can be used with any broker.

Proof of Results: The official website shows results of trading of 4 beta testers.  What’s good to see are short videos from these traders showing their live trades.
Support: Russ Horn has hooked with a group of forex traders to help providing support to all the members. Consider it as a mini-forex community whereby the senior traders help out the junior members.

Money Back Guarantee: 60 day, 100% money back guarantee.

Pros

  • Forex Rebellion is endorsed and verified by the Surefire Trading Challenge and tested by numerous beta testers to get an average success rate of 80% – they report profits from 35% to 130% in four weeks of trading with the system.
  • Forex Rebellion is an accurate (80%+ success), simple to understand (takes ~25 minutes), very profitable and professional trading system that you can use on any time frame in any market condition.
  • It has precision entries means no second guesses. Bad trades are trapped in the filter.
    It is flexible enough to suit any schedule or lifestyle and trades the currency pairs that you want to trade.
  • There is a built in strategy for reducing your risk as quickly as possible. This turns your few losing trades into tiny losing trades, which in turn, increases the profits in your account.
  • Well documented manual and more importantly tons of videos to explain everything about the system including many live trades.
  • 60 days 100% Money Back Guarantee
  • Forex Rebellion is not a blackbox trading system. Russ has revealed exactly how and why he trades such way.

Cons

  • Because this is a manual trading system, it requires you to be in front of (or close to) your computer to trade.
  • Whilst there is only limited value of backtest results, the official website does not show backtest results of the system. The website shows results for activities in August & September 2009.
  • Different beta testers seemed to have achieved different levels of success – a range from 55.55% winners to 90% winners. Whilst this may not be a reflection on the system, rather it could be due to personal trading styles. I still thought it’s important to highlight this to my readers.

Overall Rating: (5/5 Stars)

Final Thoughts: There are many EA’s out there. It’s refreshing to see a manual trading. Many forex trading system are blackbox system whereby you will not understand the system. You simply follow the mass number of indicators to trade. However, Russ Horn has promised us here to reveal exactly how and why he trade such way. You will learn every single component inside Forex Rebellion.

This is definitely a useful addition to my portfolio of Expert Advisors.

Buy Forex Rebellion Nowhttp://www.forexrebellion.com

Performance Results
Demo Trading – Coming Soon
Live Trading – MT4 Link Here (Not Started Yet)

CASHBACK OFFER FOR MYWEALTHMASTERY USERS!

My philosophy in life is to add value, to make things better. So, I was thinking how I can make it better for the users of my website. And, then I got the answer – Cash Back Offer. For every sale that happens through my website, I get a commission from Forex Rebellion. If you buy the system through a link on my website, I will share some of that commission. Yes, you heard it right - I will share some of my commission with you! In fact, I will refund you 25% of the purchase price. That’s awesome – don’t you agree? There are many other websites that offer numerous bonuses like trading strategies, 101 tips, do’s and don’ts, guides & manuals, etc. The question is how useful are those free bonuses to you. Practically they are useless and they usually value the bonuses at some ridiculous prices, for example, $97 for 8 tips to avoid forex scams. I’d much rather give you something that you can use – cold hard cash (read, deposit in your paypal account!)

For Forex Rebellion, I will pay USD24.25 into your paypal account. Just follow these simple steps for Cash Back claim:

  1. Buy Forex Rebellion by clicking on the link here - http://www.forexrebellion.com
  2. After buying Forex Rebellion, please send an email to admin@mywealthmastery.com with the subject “Forex Rebellion Cash Back Claim”.
  3. Upon receiving your email, I will contact you for details of your purchase like date and time of purchase, paypal email id, transaction receipt number, etc.
  4. I will check the transaction details and will deposit the refund into your paypal account 60 days from the date of purchase. Important Note – Cash Back Offer is not available in the unlikely event that you have returned the product within 60 days for full refund.

ABOUT THIS REVIEW

I have been trading Forex for a number of years and have traded shares, options and futures as well. I have spent tens of thousands of dollars on various expert advisors, systems, strategies and seminars.  Some of the products worked for me but most did not. Sometimes it is so easy to get sucked in by the marketing hype created by the promoters of various products. I have to admit, I have done this many a times myself. After buying some of the duds, I felt there is a need for someone to provide an unbiased opinion on these products. With this review service, I hope to give you my honest, no bullshit assessment of this product. My commitment to you is that I will not be recommending a product that I do not believe in and will not be willing to use on my real account. Yes, if you buy through my website, I get to make commission from the sale but to show my commitment and the desire to help you out; I will refund you 25% of the purchase price. That’s awesome – don’t you agree?

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