The team at Forex Tracer make huge claims about the profits made with Forex Tracer.  Some $335,000 in 2007.  That’s a lot of change and very compelling.

We checked out the claims and for all intents and purposes it is apparently true.  Now what we also discovered is that there were some caveats.  The older version of the software had a tendency to string together rather long losing periods but recent upgrades have improved the performance significantly.

It’s ratio of winning trades to losing trades is 11 to 1 with forward testing.  The backward testing on historical data consistently has produced winning trades in the last four out of five years.  I always drool over the results of back testing of some systems because of the possibilities but experience dictates that it only shows potential.

You have to test this system yourself to have any confidence.  My confidence is growing more and more with this program because it’s giving great results.

Happy Trading!

Colon

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