Comments on: Currency Strength Robot Review And Discussion

By: Joe Wojtowicz

Joe Wojtowicz — Sun, 05 Jun 2011 14:52:54 +0000

I lost over 30% of my account in less than 2 months with Currency Strength Robot. On top of that, they had the nerve to charge me a monthly fee for losing one-third of my account. Luckily, the charge didn’t go through. However, because it didn’t go through, they shut down my robot in the middle of 2 trades WITHOUT informing me they were going to do so ahead of time. I didn’t learn of the robot shutdown until I looked at my account. If I didn’t check it, I could have lost a lot more. If Henry Liu is a professional trader, he’s not very good in my opinion risking so much on several trades on two currency pairs. I would not recommend this service. I want my money back.

By: Pal

Pal — Mon, 09 May 2011 01:28:07 +0000

This is a followup posting. My total losses to date are $1500 and still trying to unwind $600 more in trades but not yet lost. I did get my refund from Plimus at the end of the month. CSR is in my mind a scam as it not only failed to delivery promises but the way the trades were executed was total amateur hour. Henry calls himself the Professional Forex Guru. Geez, if you listen please don’t risk your time and money with Henry Lui.

By: Pal

Pal — Wed, 27 Apr 2011 03:33:44 +0000

Ok,this is my followup posting at the end end of week three since signing up.

I am not very impressed with this service. We have had 12-13 open trades open now the first starting since 4-5. ALL THE TRADES are in the red and most of them have been in the red for over two weeks. Whether is be by a system or by a human this system is extremely frustrating to use as it keeps trying to guess reversals and keeps adding positions until maxed out and then it is proven to be wrong as the current trend continues.

Henry is trying to guess bottoms on the USD and tops on the AUD basically and he has been severly wrong currently by over 500 points on one trade and over 300 points on most. I contacted him via the support board and assured me that the AUD would reverse at …. his response below.

“I am still very confident that CSR will deliver, as the market is obviously in a temporal risk appetite phase, but it is my view both fundamentally and technically the current demand for high-yield currencies such as AUD and
> NZD will be in a phase of correction soon… As a matter of fact, I’ve seen many analyses predicting AUDUSD to be around 1.0000 and NZDUSD around 0.7500 in the near future, and if market even retraces 50% of predicted levels, we not only get out on our current trades, but also pick up good
profits along the way.”

That was on 4-13 over a week ago and we are in worse shape now. ALL TRADES ALL RED ALL THE TIME.

I want to be fair but sitting in a maxed out situation all red for most of a month is not what I thought was going to happen. There is no end in sight as best predictions are a reversal ‘maybe’ some days to a week away.

The only positive thing I can say is that Henry and his staff have been very, very quick and complete in their responses. On the sad side not seeing a profitable trade since 4-4, sixteen days ago, sucks.

Even if this trade turns around Henry is going to loose customers as this situation was a very amateurish trade setup… something stupid like a short timer like me would have done. I don’t need someone to show me how to do it wrong; I have that down pat!
—————–
Now end of week four. $500 in losses and still -$1600 right now in the RED. ALL TRADES ALL THE TIME ALL RED for almost entire three weeks now and no response from Hengy Lui.

By: Anonymous-User

Anonymous-User — Thu, 14 Apr 2011 18:23:01 +0000

I enrolled in the CSR and ran it, seemed so good, so I ran it in a live account (how foolish of me!!!) Nearly every trade for the entire week was a LOSER! and big losers also.. After a few days I was blown away by ALL the losers, I stopped it and switched it to a demo account, then noticed it was even worse the 2nd week, After that I said forget that I am getting a refund. Strange thing that the markets those 2 weeks were great trading, and I made more in those 2 weeks. ….. It was like something was wrong with his indicator.. I would WARN ANYONE, to STAY AWAY, and FORGET THIS….

By: Forex Strength

Forex Strength — Wed, 13 Apr 2011 22:12:55 +0000

I ordered the CSR robot and placed it on a live account. I had faith in Henry! Not anymore. The EA is junk currently has over-720 pips in the red and seems like he doesnt know what he is doing. The $130 a month is a joke. Seems like a kid is placing the trades. DOnt waste your money or time with this junk

By: Rance

Rance — Sat, 02 Apr 2011 15:26:26 +0000

I ordered the CSR and the first trade was positive. However, the following 5 trades started out positive then went negative and I decided to just let the EA run to see what happens. The next morning all 5 trades had closed with 4 positive and one loser which was -$5.99. After NFP the EA started taking trades again and of the 5 open trades they are all negative but I am letting them run to see where they close out. Will report back on the results.

By: Currency Strength Robot

Currency Strength Robot — Fri, 25 Mar 2011 18:36:04 +0000

Yes you are right about the refund time. Every FOREX trader should try for around 1 month to see if this truly works. I did the same thing with another well known Forex robot before, and to say the truth I still use it.