In this review, we will be looking at a new trading signals website known as Trends2Trade. The reason Trends2Trade is of interest is because they claim to provide 1200 pips every month in addition to winning 80% of their trades. In other words, this website is claiming that their trading signals have a win rate of 80%. These are indeed aggressive numbers, and we have to look at this product very carefully and analytically to be able to know whether or not it’s viable in the long run.
The sales page does not disclose the owner of this operation. But a who.is search reveals that the person who owns this website is probably based out of the Netherlands. However, they’ve provided a means to contact their support when users want to contact them for any reason. This is provided in terms of email and contact form.
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Trends2Trade is quite shallow in terms of their description. The webpage has got only a few paragraphs used to describe what this service is intending to offer the Forex trading community. So that meas whoever owns this website needs to expound a little bit on the concept that clients want to understand. This way, we can have a clear perspective of whatever service they are trying to offer and the suitability of that product in general.
The sales page claims that this operation is managed by a team of experienced technical analysts and professional traders with significant length of experience. They also reassure us that they are only going to identify trades with the highest odds of working in our favor. This could sound certainly impressive. However, curious people like us can’t simply take this information and fail to question it. There needs to be at least some evidence that professional traders exist in this operation.
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They simply want us to believe that they have assembled together a team of experienced traders who will be giving signals to other traders. This is not good enough. They need to do more. And if we are going to differentiate this service from countless of other Forex trading services in the market, the owner of this operation is going to have no choice other than to introduce these traders to the world.
Trends2Trade has, however, explained their trading methodology. They are using Fibonacci levels combined with trend lines, support and resistance levels. For every signal that is delivered, the client will receive an entry price, a take profit and a stop loss respectively.
The owner of Trends2Trade also wants us to believe that they are not using any form of automated trading solutions because all their trades are carefully selected by their team of dedicated and professional traders. This type of promise is very common in this market. Many Forex signals services like 123 Forex signals, Slick Trade and many more have been making these claims. However, they do very little to convince us that these claims are true.
Not only is this signal service providing signals for trading Forex, but they are also dealing in Gold, Silver, Crude Oil, ETFs, indices and many other trading signals.The main strategy is technical analysis, although time frame was not mentioned.
The products that they are have been broken down into Silver and Gold membership. Prices are not upfront, meaning that visitors to this website have to sign up for an account in order to see the prices. Anyway, we tried to sign up for a free account just to see how it works. However, we discovered that we couldn’t proceed beyond this point. The issue is that when we try to sign in, a server error shows up, meaning that the website could be having some slight issues that need to be sorted out before it can be presented to clients who wish to register for this service.
On the other side, we think that this error might be a serious issue because it has been persistent for a couple of days now. They have not resolves the issue yet. But we were going to write a review about Trends2Trade anyway.
They are providing us with a table of results which tracks results back to 2014. In this table, we are able to see which months they gained more pips and in which ones they lost pips. In the worst losing month, the service allegedly lost -1700 pips. In a good month, the service netted 2205 pips. This vendor is also providing very few signals. This could mean that they are swing traders because in the month of July, they only provided one signal.
This could also mean that if you are a member of this website and you ended up missing one trade for the month, you would either have one chance to trade for the month or not trade at all due to scarcity of the signals.
Whereas professional traders are not putting much emphasis towards the frequency of trades, most people want to sign up for a Forex trading signal if it’s going to give at least 4 signals per month. That’s the sweet spot in most cases if you are not utilizing a signal service that over trades the market.
The other thing that we must take into account is that Trends2Trade is showing us trades which can’t be verified. They could have easily cherry picked the best results and ignored the actual results which traders badly want to see. At the end of the day, they are marketers and marketers need to make a sale or two. So they must show us what is probably different from the truth.
Therefore, I am advising this service to consider using myfxbook or FX blue for that matter because these two platforms are suitable for tracking results which can be verified. Once connected to their trading account, the platforms will automatically track results.
We can’t recommend Trends2Trade due to the fact that their website is having trouble plus they are not giving their clients the transparency which they deserve. So please stick to these Forex trading robots.
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