Jim Collin’s is releasing a new forex robot tomorrow (Monday, October, 18th 2010) called Forex Geyser. He has very little little test results to show but atleast what he does have is an actual forward test which he claims to be live. It’s still early to know exactly how good or bad this robot is going to be so we will wait to get a copy to test it out.
| EA Name | Currency Pairs | Timeframe | Strategy | ECN | 4&5 Digits | Take Profit | Stop Loss | Home Page |
| Forex Geyser | EURUSD, GBPUSD, USDCHF, | H4 | Unknown | Yes | Yes | 150-250 | 50-100 | Website |
Performance (Forex Geyser Test Results)
Jim Collins has a forward testing earning $7000 in about 3 months on Alpari UK broker. I will have a test account up for this asap.
License
Will be sold through Clickbank.com
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Forex Geyser: $57
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Upsell 1: Money Geyser Method: $49.95
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Upsell 2: Money Line Indicator $37
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Strategy
The exact strategy of Forex Geyser still to be determined but it does trade 3 major currency pairs. It does appear to have a fantastic risk to reward ratio however where the avg winning trade looks to be close to double of the average losing trade. Not too many systems out there like that which is a plus, but it can take awhile to see your first profitable trade as it hangs on to them for up to 250 pips!
Recommended Brokers
FX Open and Iam FX are two forex brokers to look into when using automated trading.
Conclusion
The results look good, the risk to reward ratio looks good, the price looks good, not too sure about the upsells though. I think I would just stick to the EA for now. I hope to get some testing and more research done on this as soon as it’s released.
Safe To Buy?
YES!
60 day money back guarantee with Clickbank on only a $57 product with solid results and risk to reward ratio.
Forex Geyser Overall Rating
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