August 17th, 2009 
admin 
BankFlowData.com
Bankflowdata.com is a trading signal provider for FOREX.
Trading Style
Despite their pretentious claims that they know at what level the banks and big players enter orders, the example charts suggest a simply Support and Resistance strategy. One might argue that Support and Resistance are created by banks and big players.. but that’s another issue.
Their chart-oriented strategy is a simply yet proven strategy, used by many traders. Inspection of their previous trades show precise patterns of taking trades right on Horizontal Support and Resistance levels. This attitude allows BankFlowData.com to use tight stops. A minor disadvantage of Bankflowdata.com is the fact that they trade only these patterns – that does not happen frequently. Trades may occur once or twice a week, which may not be enough for some traders.
Another point worth mentioning, is that their Risk:Reward ratio is not very good (about 1:1), which may indicate that they do not ride their winners correctly. Despite their very precise entries, such poor Risk:Reward requires a high win-rate to be profitable, and is a bit disappointing.
Trades are given for the USD\CAD, USD\CHF, GBP\USD, EUR\USD pairs, and are sent via Email and SMS.
Performance
Performance for last year’s trades is reported, along with exact entry and exit points. Their hit rate is relatively high as they restrict themselves to trading only high quality trades. Performance is reported only until July 2009.
2009 (until July 2009) … +947 pips
2008 … +3016 pips
Trial
Trial is not offered.
Price
$249 per month.
Conclusion
4/5 stars
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BankFlowData.com
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