Trading Signals Forex

FxBossTrading

FXBossTrading.com is a forex-focused trading signal provider.

Trading Style
FXBossTrading trades mainly two FOREX pairs: GBP\JPY and GBP\USD. They claim that they are working with an institutional trading platform that allows them to see where stop loss orders are, and they join the market when these stop orders are triggered by large traders. Smart trading method.

Performance
FXBossTrading is sharing their stats in real time in unbiased, objective 3rd-party site – ForexPeaceArmy. All trades, stop losses and take profits are reported – so FXBossTrading honesty is proven beyond any doubt. Click here to see the report. The report reveals several interesting things on their trading:

First of all, their hit rate is 81.82%, which is a great ratio. However, their Risk:Reward ratio is very poor: 0.33%. This means that the average loss is three times bigger than their average win. This is a mediore ratio that could suggest improper stop loss location or a weak risk management. The disproportion between win and loss can also explain the high hit rate.

Bottom line: They are not the best providers I have seen, but their hit rate is great and – they are very profitable. Was their risk:reward higher, they would have got an A score.

Total Pips
2008 … +15,045 pips
2009 … +14,686 pips so far

Trial
7 days trial is 50EURO.

Pricing
299€ per month, 649€ per quarter.
If one pays 349€ per month, he is guaranteed 300 pips per month or the payment is refunded.

Conclusion
4/5 stars

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FXBossTrading