Pro Forex Signal is a forex trading signal service.
Trading Style
The reported trading style of Pro Forex Signal is peculiar. They claim to have found a connection between the DJIA (Dow Jones Industrial Average) and the FOREX Markets that allows them to predict the direction of currency pairs. They provide signals for 12 pairs: EUR/USD, USD/CHF, GBP/USD, USD/JPY, AUD/CHF, AUD/JPY, AUD/USD, CAD/JPY, EUR/JPY, GBP/CHF, NZD/USD and USD/CAD.
These are very strong claims that seem somewhat suspicious. Predicting one pair with the DJIA is acceptable, but predicting 12 pairs with one index seems to be quite challenging. Too challenging. While it is possible, I won’t be surprised that this ‘trading style’ is simply a cover for much simpler trading system.
Performance
Performance is not reported at all. No historic trades, historic gains in pips and/or yield. Performance page is claimed to be under construction. This does not allow us to learn neither about their previous drawdown, P/L and not about their trading style.
Trial
Free 14-days trial is offered. Some positive feature in their partly-working site.
Pricing
Not available.
Conclusion
Incomplete site, performance is unknown – at least a free trial is offered.
1/5
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Pro Forex Signal
August 29th, 2009
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