Forex Black Book is a new forex trading system being released in early February by Dustin Pass. Dustin has had a fairly bad history of forex products, so I doubt this one is going to buck the trend.
Remember if you are going to try Forex Black Book that you fully understand how the system works before running it live. I always recommend to use your refund period to test it thoroughly for at least a month. If your results are above satisfaction, then and only then should you consider taking steps to trade it live with your hard earned money. Just because a website says their system will make $xx,xxx a month doesn’t mean it’s going to. So if you are not satisfied, do not hesitate to request your money back. If you are interested in more information on this forex product then check out the link or any comments below.
If real user reviews of Forex Black Book are what you are looking for, then check the comments below. They are real customer experiences with this product. If there are no comments, then be sure to come back frequently and check for updates as our review and discussion of this product continues to grow.
If you have experience with ForexBlackBook or know something people might find important please feel free to share in a comment below. It may help someone save or make a lot of money so don’t hold back. Because of the influx in forex robots and forex systems being released right now, our reviewing as been slowed but our user comments have not. Make yourself at home and write a comment, or ask a question for the community to discuss. You will be surprised the information and knowledge you may unveil.
If you want to submit a forex trading product or broker that is not listed on our site, please use the Submit A Forex System form or Submit Your Own Articles. There are many private and underground forex robots and systems out there they I just don’t have the time to look for. So if you know of any, or a place to find them please feel free to share and I will make a post about it for the community to discuss.
Ok guys lets get the ball rolling, here at ForexFBI we encourage our visitors to discuss your Forex Black Book experiences, strategies, thoughts, whatever…
Looks like Dustin has resurfaced with his Black Book. After suffering through both videos (most of what is the usual look how much you can make fluff) and waiting in vain for something of substance I opted to not go any further. A quick search for reviews led me here and I am glad to see others are warning people away.
I was at Peace Army reading reviews of this shiester. One guy bought the system and wanted a refund and they have run him around requesting everything you can imagine so they wouldn’t have to refund him. He has been waiting over 30 days and still no refund. Stand clear of this marketer. He is nothing but a bloody crookj.
I have bought 2 of his trading systems in the past, Oracle trader with no refund and every time you email him, he says change brokers because I am having tooo much slippage. Dont TRUST THIS MAN, HE WAS ALSO SELL ING TOMS E.A. THAT BLEW UP MANY PEOPLES TRADING ACCOUNTS. YOU WILL BE SORRY IF YOU BUY THIS SOFTWARE, AT LEAST THIS ONE, YOU CAN GET YOUR MONEY BACK!!!!
I see this product as questionable, from the price of $1997 right down to the highly sales orientated multi repeated ‘Register now or you will find this offer closed’ type appeals between trade examples in the video. There is however something intriguing in this product. The trend Indicator at the bottom of the chart indicates green when you should only be buying, red when you should only be selling, with the whole thing governed overall by green or red trade arrows on the chart above. In theory, you should only trade in the relevant direction when the colours line up. If you do follow this advice strictly, it would seem from the charts that you will not only risk loss after loss after loss, but also miss in the process many many large WINS that would have resulted from trading say a red arrow on a green trend indication or vice versa. What I did was to delete the trend indicator and just trade the arrows as soon as they appear, taking a slice off the trade at say 10 pips profit, bringing up the stop to break even at this point and just letting the remainder of the trade ride up or down or be stopped out for a small profit. I made an absolute fortune on paper by this method which you can see for yourself! On this basis, reluctant as I am to suggest this, maybe this product IS worth buying just for the trade arrows but I would forget about tying these in with the trend indicator as suggested by the authors. It would be interesting to know whether the trade arrows are in fact proprietary or whether they could be reproduced without infringing any copyright .
I HAVE THE DEMO ONE TRADE STOPPED OUT BIG LOSS 3 MORE RUNNING AT LOSSES WILL WAIT AND SEE/
Guys – i have bought many of Dustins products they are all priced at $1997 , and they are repackaged systems that others have invented and Dustin markets them as “His Own” ?. This Forex Black Book is a glorified volume system , there are other systems around that can do the same thing, they basically use the Daily volume as a guide and colour your bar red/green, i wont mention the one i use as if you google Volume Trading systems you will come up with many you can use , some much cheaper than Dustins. Still i use this in conjunction with Individual currency ( not pairs ) strength and a couple of other indicators to confirm my entries. Dustin is a salesman – shop around , the systems he SELLS are out there under another name .
Did you say $3000!?? I hear you brother!. And you STILL have to hang around all day to check the indicators for an entry signal, check to see that it’s a ‘valid” signal before entering the trade, manage the trade until you ‘hopefully” hit your take profit, etc. etc. If they’re the super traders that they say they are, why are they so greedy? At the end of the day, it appears that they’re depending on their indicators, slick sales presentations and desperate traders to ‘really’ make their money. Appalling! In conclusion….shove it even further Mr Pass!!
I totally agree James!! i checked the price =$3000!…Totally ridiculous!!! i’ve tried all the systems there is.. And not one of them is worth over $100.00…And thats a Fact!!
I’ve downloaded the demo and still trying it out. Nothing too impressive so far, although one mastered thoroughly, it seems to be one of the better indicators (as far as indicators go). However, the creator is “Mr Dustin Pass” who doesn’t sell any of his systems for under 2 grand!! I would NEVER fork out that much for a forex system, and I don’t know how they have the nerve to ask that much, but there are always desperate new traders around wanting to find the holy grail that will make them rich. And that’s what they feed on! There are plenty of other good systems out there for a fraction of the price that are NOT complicated to learn or use i.e. Vladimir Ribakov’s systems. Vlad BTW is among the most knowledgeable, honest and transparent professional trader I’ve ever come across. 2 grand??? Shove it!