Introduction
We've all heard the typical hard luck story. The one about the poor, struggling everyman who stumbles upon a winning Forex system that makes him rich... and now he wants to share that system with you for a low, low price of $97. Sound familiar? That's the story that Forex Rebellion System creator Russ Horn tries to sell you when you visit his website. The reality is, Russ Horn is a very clever marketer, but does the Forex Rebellion System actually work? By the end of this Forex Rebellion Review, you'll know the truth.
What The Forex Rebellion System Promises
The first thing that strikes me about the Forex Rebellion System is how fast their winning rate falls as you go down the page. It starts out at 90% at the top of the page, goes to 80% somewhere down the middle, and by the time you go all the way down to the bottom, it's 55.55%. Notice that Russ Horn doesn't say very much about the actual system or promise you any results. All he does is show you what his "beta testers" earned of 36% in 5 days, 119% in 12 days and 36% in 20 days.
So what do you actually get with the Forex Rebellion System? Funny you should ask, because it took me a long time just to figure that out! Apparently, you get a Forex trading manual detailing how to trade the Forex Rebellion System, complete with indicators, chart templates and a semi-automated Metatrader 4 Expert Advisor that alerts you to trades, but doesn't actually trade for you. No mention of how or why the system actually trades at all, despite his claims of transparency and full disclosure.
Does It Actually Deliver Results?
Well, with all the smoke and mirror techniques being used on the website, I really had to get to the bottom of what the Forex Rebellion system really is all about. Considering that Clickbank has a very solid money back guarantee, I decided to buy it and try it out for myself. It turns out that the Forex Rebellion system is really just a glorified moving average crossover system, with a lot of ambiguity when it comes to choosing the timeframes and the currency pairs to trade it on. Also, there are a lot of false signals when it comes to moving average crossovers, but somehow or the other Russ Horn and his special group manage to avoid most of these trades in their testing. Even if that were possible, that means that their results cannot be replicated, and as such, you should avoid buying the Forex Rebellion System.
If you were considering buying the Forex Rebellion System, here's my advice: don't. First of all, it's a system that anyone could throw together after reading a basic trading manual, which is obviously very profitable occasionally when market conditions are favorable, but falls apart dramatically when the conditions change. Secondly, it requires you to be a very experienced trader to make it work for you, and you will have to make yourself available at all hours so as not to miss any of the rare profitable trades. All in all, it's not as turnkey and systematic as Russ Horn makes it out to be, and there systems out there that are far better and much more worth your while.
I've been a full time Professional Forex Systems Developer since 2007. Forex trading is my passion, which is why I really love helping anyone to overcome their challenges and become profitable in their own Forex trading. If you're just getting started in trading Forex, or if you'd like to take your trading to the next level, I'd love to help!
Article Source: http://EzineArticles.com
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