Hi,

Great work with the system review and journal. Reading with great interest.

I have a question regarding the stability of the system. Of course it is impossible to say if a system will withstand time, but having tried numerous breakout strategies, I know that some of them are better than others. Most often the majority of them will not work on a consistent basis, but only when market situations are very positive, and in the long run there will be a loss. Small consistent gains are the way to go, in my opinion, and I wonder what you think about the future of this system?

Thanks!

Regards

Archie

Hi Archie,

What we believe would probably be clouded by what we would like to see. Of course we would like to believe that it will stand the test of time but we have no crystal ball. What we prefer to do with our trading, like our investments is to diversify. For this reason we trade London Forex Open, Sniper Forex and Dow Letter. In this way we seek to minimise our potential drawdown in the hope that if one performs bad the other(s) will provide support and vice versa.

Hope that helps.


ReviewTeam - www.systemsfortraders.com

Firstly thanks Reviewteam for yet another comprehensive and useful review. Keep up the good work, it's appreciated! I purchased the system last weekend and have been very impressed by the rapid and helpful responses to my queries received from the vendors both over the weekend and over the past few days. Now looking forward to trading it!

Regards

Mark

Our London Forex Journal is published, usually on a monthly basis here.

And, our London Forex Live Trading Room is now available here - we try and post every day along with other members.


ReviewTeam - www.systemsfortraders.com

It seems this is a SCAM:
- Poor website design
- Don't show any account statement. No evidence or demonstration of results.
- They show trading results fom October 2009 and the website was created in December 2009!!!

Avoid these guys

Hi,

Thanks for your input. We pride ourselves on our reviews and we also welcome others comments as they are typically in line with ours. It gives us a little reassurance that we are doing something right and thus providing value add to this industry of ours.

To comment on a system we always try it out, usually on a real account and usually for at least a couple of months. We find this invaluable to allow us to use our experience to produce what we feel is a useful "gut feel" review.

Occasionally a system/service makes it to our Systems/Services list but only after sufficient due diligence. London Forex Open is one of those systems.

We believe that the only way to truly judge a system/service is to use it in real-time on a real account - That way opinions are more useful and more valued by others.

You can find our up to date journal for London Forex Open here and feel free to visit our free Trading room here.

Thanks again for your contribution.


ReviewTeam - www.systemsfortraders.com

Hi All,
Just like to add that after several weeks reading up on various reviews I am seriously considering purchasing the London Open Forex system.
When I do I'll be sure to start a journal.
Great website with impartial advice. Keep it up.

Hi Kashmir,

If you do decide to purchase we would more than welcome your input in our Trading room - here.


ReviewTeam - www.systemsfortraders.com

Hi
I see there are three diferent things to trade on con, agg and adv.
WHAT DOES EVERYONE USE or is a combanation of all 3

Havent got it yet as i am waiting for a refund from net trap

Hello to All. Complete newbie here and thinking of trying this system. It seems that 'LFO' is three systems in one, Con' Advnc and another. Would it be proffitable to just use one? - Con' for instance, as not happy about doing all three. (at least 'til I get used to it)
Thanks in advance.