10 May Forex Trendy Review
Forex Trendy is a fairly new program and Forex trading interface developed and available from the year 2014. It is a software based and driven system that works to monitor and analyze Forex trends so that you are able to know when is the right time to pull the trigger on a trade for a given Forex pair. Once you buy the system, you are able to log on immediately. There is no downtime waiting for any program CDs or DVDs or even bulky e-books to arrive in the mail. All that you have to do is to familiarize yourself with the easy to utilize aspects of the program and start using the software engine’s live graphing and charting analyses to pick out tradable Forex market trends.
What makes this program so versatile is that you can deploy it without any interference alongside a great number of the most utilized trading platforms. These include Trade Station, MetaTrader, and NinjaTrader. In this review we will consider and evaluate the functionality that the system provides to subscribers and likely prospects so that you can determine if it is a worthwhile and affordable guiding system for your Forex trading needs.
What is the Background of Forex Trendy?
Forex Trendy is a program about which much is written on every possible angle except for who is behind the program. It is copyrighted by Forex Trendy the company as per the bottom of their website. While we are not intimate with the name of the person or even company behind the Forex software program, we do know that it was created and developed through a period of several years of researching and testing the product before it was deemed worthy of releasing to the public. The program is available only online and is presently being used by hundreds of happy customers. A wide variety of reviews say that it is becoming more and more of a sought out tool to help Forex traders make profits in the world’s largest trading market, Foreign Exchange currency trading.
What is Forex Trendy? Is it a Scam?
In short: it is NOT a scam. Forex Trendy it has been utilized and thoroughly reviewed by numerous respected Forex reviewing outfits. This trend scanner protocol works on TradeStation, NinjaTrader, and MetaTrader. It is available for only $37 for a three month subscription basis. At a mere $12 per month, or $3 per week, you can hardly go wrong trying out the continuously subscription based program.
The software is actually the answer to the burning Forex question how do you avoid trading in market time frames and periods which are uncertain. The system relies on a highly sophisticated proprietary algorithm to find the trends that look most promising to answer this question. It is a scanner for as many as 34 different currency pairs from time periods that range from only a minute to a month. The system’s great strength and advantage it provides lies in it looking for every possible breakout pattern on every chart in all viable time frames. It delivers a high and profitable winners to losers ratio, and it is easy to master.
Forex Trendy gains considerable legitimacy from the fact that ClickBank (the industry leader in trend scanning and predictive memberships like this one) handles the subscription service for the company. The translation of this is that the 60 day money back guarantee for the software-driven system is both ironclad and completely legitimate. It means that if you are not 100 percent satisfied with the service and later decide that it is not what you expected, it will not have cost you anything more than some time to play around with and paper trade the recommended Forex currency pair trades.
ClickBank is the trusted retailer for Forex Trendy
What Forex Trendy Is Not
Forex Trendy is not a trading robot. It will not place any trades for you. It is not a fully automated, turnkey system for trading Forex pairs on your various account trading platforms. The system will come up with and recommend trades to you, but that is the extent of what it will do. You have to do the actual trade entering and executing yourself. This is also not a video educational course or thick instructional manual based program. Instead it merely provides an online-based subscription run trend scanning service that helps you to do your own individual Forex trading.
What Sets Forex Trendy Apart From Other Products?
Forex Trendy is unique from many Forex products in that it is neither of the two primary types of Forex services and systems on the market these days. Unlike rival systems created by legendary Forex guru Toshko Raychev, it does not educate you on how to pick out Forex trades on your own for the future. It also does not engage in any Forex trading automatically on your behalf as with the often popular Forex robot trading systems in the marketplace today.
This software is instead a market action based master trend identification algorithm. By constantly scanning the 34 primary currency pairs across every conceivable time frame ranging from a minute to a month, Forex Trendy can find the key trends of the time frame and market session on the charts live as they are actually developing. The genius of the protocol is that it has been developed to recognize all types of pattern break outs as they actually happen. At this point, it generates a dual email based and sound alert warning of a trade in progress.
This means that while the program will not engage in any trading on your behalf, nor teach you how to become a Forex master trader and teacher yourself, it will do the difficult “dirty” work for you. As the currency pairs begin to display promising signs of a breakout to one side or the other, the program simply makes you aware of the situation in progress. This allows you to be in the driver’s seat to sink your trading money into the pair which promises you the most likely success rate, optimal profits, and minimal rate of risk.
It is the combination of powerful graphs and charts with the proprietary scanning algorithm which combine to set this software offering apart from the competition. Thanks to this trading package, you are able to begin trading the world Forex markets 6 days a week, 52 weeks a year without having to invest countless hours of time in difficult and often tedious research on the various currency pair markets. There are no intimidating, huge books to study nor complicated software to install in order to begin.
What You Receive With Forex Trendy
The Forex Trendy members-only site access provides you with the following benefits:
- Real time charts on the popular 34 pairs within the Forex trading universe across a vast range of time frames
- Auto analysis of charts to identify the main patterns of Forex pairs including Trend Lines and Wedges,
Triangles, and Flags on the 34 primary Forex trading pairs
- A quick and easy overview guide to the major Forex pairs and trends within Forex trading
- Emailed and sound audible alerts functionality
- A user friendly interface with which to work
- Ability to either remove or select the Forex pairs or time frames which you are interested in off of the automatically created analysis
- A quick overview of trends and timeframes going on in the Forex markets at that precise moment
You also receive unlimited, full 24 hours per day, 7 days per week access to their website features and sections.
How Forex Trendy Works
The Forex Trendy system works based on an advanced and powerful algorithm. This system freely admits that there is no magical indicator involved. All that it is doing is seeking out new and developing trends in 9 time frames across 34 pairs of Forex currencies. This translates to a total generation and analysis of 306 charts (since 9 time frames multiplied by 34 pairs equals 306). The power of the system comes from the potent computers which Forex Trendy utilizes in its headquarters. This allows for the generation of the algorithm to be depicted instantaneously. What’s more, these chart generations and analyses are ongoing every second and are constantly updated and refreshed in instant real time for your trading direction and benefit.
Knowing the trend is the most important single aspect of Forex markets trading. Otherwise, you are merely trading markets and chasing price action up and down until the Forex machine has taken away any profits you made with a good trade. This is what the Forex Trendy program excels at: it helps you to know which trending pair is the best one to trade at that exact moment in time. Pure price action on the markets in real time is what makes these trends.
The critical points on why this works so effectively for you are:
- The majority of competing Forex robots and systems actually do make money following the trend, yet they lose money on bad trades in a choppy market period
- By only trading the strongest trend in the breakout moments, you can dramatically increase your winning percentage trades
- By following the best trend in any given Forex time frame, your results increase to from 70 percent to 90 percent winning trades
It should begin to be clear to you the massive brain power advantage that this Forex Trendy software program provides you. On the rest of this page, we will go through the various components of the Forex Trendy system.
Forex Trendy Offerings
The Forex Trendy service itself provides a number of interesting offerings for you. On their members-only access
website and through the service, there are an e-book explanation guide to trends and patterns in Forex markets, charts and chart analysis on 34 different currency pairs, dual delivered trade alerts, email support, and more to explore.
The members only login section of the site provides unrestricted access to the members only area. Here the participating Forex traders are able to receive instantaneous and constantly updating charts and alerts on 9 time frames across 34 popular currency pairs. Popular chart patterns, principally Trend lines, triangles, and flags, are auto identified through the protocol’s powerful charting analysis.
The main features of the Forex Trendy membership include the following:
- Daily continuous analysis of 34 Forex pairs across 9 timeframes
- Email and audible alerts driven signals to trade
- Single click customizing of the currency pairs
- An easy to master visual trading interface
- Automated built in detection of Flags, Triangles and Wedges, and Trend Lines
- An included 30 page e-book explaining charting and chart pattern analysis
Forex Trendy Ebook
Forex Trendy provides you with their in house developed e-book “Understanding the Myths of Market Trends and Patterns.” This is not a massive and difficult to understand educational book. It is merely a simplified overview of how the patterns and trends in Forex markets actually work. It represents the sole educational component of the software service, as the creators of the system simply are not focused on offering their members much in the way of education.
Forex Trendy Daily Analysis
The algorithm first charts, then analyzes the Forex trends on 34 different pairs over 9 popular time frames ranging from only a minute to a full month. This analysis is being continuously updated so that you can trade any time you are available the 24 hours per day, 5 days per week (plus Sunday half market day) world Forex markets are open. These are centered in London, Singapore, Hong Kong, Paris, New York City, Zurich, Wellington (New Zealand), Sydney, Tokyo, and other important currency trading centers around the world.
Forex Trendy Live Signals Emails and Audible Alerts
There are no video presentations or instructional manuals involved with the system generated forex pair picks. The system simply analyzes the various charts and begins sending out email and audible alerts so that you can trade any developing market breakout or important trend that it comes across throughout the day. These come from the program’s analysis of fully 306 different charts based on the nine time frames and 34 currency pairs it is constantly considering. Ultimately, this is the mainstay of what the software program and system is providing, the guidance to know which Forex currency pair is best to trade at what time.
Forex Trendy Visual Trading Interface
Forex Trendy is big on visual representations of developing patterns. This is why they take popular chart patterns and isolate them for you clearly on the various 306 charts which they are analyzing. When you receive a trade alert, you will be able to visually see and understand which pattern or trend the system and algorithm has identified so that you know the reasoning for the trade you are about to make with a given Forex currency pair.
Forex Trendy Email and Customer Support
No Forex trading service on the markets today would be complete without some form of customer service and support. Where Forex Trendy is concerned, this comes in the form of an email address. The company promises to answer any and all emails about problems you are having with the software and system. It is a little disappointing that there does not appear to be any phone number to call or live chat feature on the website in case you need to speak with a technician about problems you are encountering. It is naturally very frustrating if you get into a trade and then desperately need some assistance while your real money is at risk in the markets.
The good news is that their customer service answers emails 24 hours per day, 7 days per week, so unless there is a peak demand problem, they should be able to get back with you on your query or technical difficulty pretty quickly.
Forex Trendy Cost and Refund Policies
The Forex Trendy system costs $37 per quarter billed to your credit card. This amounts to an monthly fee of only $12 per month and an annual fee of $148. They do not appear to offer any early bird discount for you being willing to prepay the fees.
At the same time, they only ask you to pay for three months at a time and a reasonable and manageable $37 per payment for only a three month long initial commitment timeframe with this subscription-based service.
Thanks to the Click Bank backed and guaranteed promise of a full and unconditional 60 days, 100% money back cancellation policy, you can cancel after test driving the forex currency pairs trend scanning service for an up to two month long test period.
Final Take Away – Cost Versus Value of Forex Trendy
At only $12 per month, this is undoubtedly the least expensive charting, analyzing, and trade alert generating service offered anywhere in the world. It is particularly noteworthy and impressive when you contrast this almost laughable quarterly and monthly service fee to the cost of the other trade generating services provided by Toshko Raychev, Jason Bond, “Superman” Paul Scolardi, or Timothy Sykes. For the sheer low price of the software service alone, we are enthusiastically recommending the system. It may not offer the full functionality and educational suite sections of some of the competing systems offered by Toshko Raychev (the gold standard guru in the Forex trading universe), but it also comes at a mere fraction of the price of what he charges for his systems as well.
• A simple to trade and utilize system offered for an unbelievable $37 per quarter price.
• The system works on all the major Forex trading platforms including Trade Station, MetaTrader, and NinjaTrader.
• The program is useful for both novice and experienced Forex traders alike.
• Algorithm scans all major 9 trading time frames across 34 currency pairs and provides trades on any possible breakout trade.
• The site offers a full 60 day, unconditional 100 percent money back guarantee through site administrator and industry leader ClickBank.
• Chart pattern recognition is included with the functionality so you do not even need to learn the various Forex trading patterns.
• It includes a free e-Book on price patterns and trends within the Forex trading universe
• This is an entirely web-based application which means you will need both a fast and stable Internet connection to properly utilize it.
• The up to 306 charts and graphs can be intimidating for those who are new to the world of Forex trading and charting.
Forex Trendy is a Trend Scanning algorithm based service that boasts the lowest price per month anywhere on the market. While it does not offer much in the way of Forex trading education or any automated trading functionality, you do not need it since it is providing you with live analysis of charts and patterns and auto-generated trading signals. For this only $37 per quarter and Click Bank-administered money back guarantee, you can hardly go wrong with trying it out today.