A large number of fake positive reviews submitted. The FPA recommends a very high level of caution dealing with this company. Other websites related to this company include www. This threat originated in France. The possible relationship was brought to the FPA's attention by 2 fake reviews submitted from France. One was posted to this review page. The other submitted New Trading System as a new site in the reviews. Both talked about New-Trading-System. The FPA does not know whether these companies are related by ownership or not.
It does appear that there may be some relationship in the source of their trading methodology. I was about to give up on forex trading until I found this trading system. Only downside is that there are not alot of trades on the daily timeframe.
I also doubt this system is based on the famous forex trader but I could be wrong. This system is easy to follow, and is relatively accurate.
It requires some sensible money management, there are guidelines in the pdf file. For beginners or experienced, this is a great sustem for manual trading. I bought mbfx 1 a lot of time ago THAN i asked the real "Mostafa Belkhayate" on facebook about the program, and he said he did not know anything about the company which sells it, and he had nothing to do with them.
He is a fund manager and also own a bank of gold, do you really think he needs you 97 usd money from Clickbank? Of course not, if u want his review you can watch what he shares for free in his page on facebook, in french, but, of course, he does not sell his system through landin page So the company simply adapt Centre of Gravity indicator and stochastic oscillator, and change its name.
Hello, I have used MBFX sms signal services, since the results were not what I have expected I have decied to cancel the service Since I cancel the service I am now not receiving their sms signals service which is fine, what makes me very upset is the fact that now I am getting one sms per day with a marketing message, I have already sent 4 emails in the past month and they are not replying at all Now, I was so stupid to give my phone number, they dont reply to my emails to contact mbfxsystem.
If you can't figure out how to make money with this, you don't need to be trading. Anyone who understands how to use different time frames to determine trade set ups can see that this indicator makes confirming trading entry points very easy.
If you are dumb enough to trade off of an oscillator simply by where it is pointing, again, you don't need to be trading. If you are on here griping about "repainting", you don't know how to use oscillators properly - so don't. If you don't know how to use Fib and EW and candles as overlapping confirmation of entry points, you don't need to be trading. Believe me, if you know what you are doing, you can successfully use this on ANY time frame. I got no support from this vendor - just replies to my emails saying he's checking and then nothing further.
After 6months of askign same question I gave up on him and his product. A very good product but not good enough for scalpers. The only thing is you need to wait for a golden moment which a lot of new traders will not wait.
I have taken a few courses on forex but the one that really makes money for me is mbfx system and i am also subscribing the mbf sms, God i love it. I started using the system and receiving sms signals last monday, my account now is doubled..
I am very happy now as i can now say i will make lots of money in the future.. I asked for refund over 2 weeks ago. They sent me a confirmation, that the money will be refunded in the next 72 hours. Until now nothing happened.
So be careful before you buy the system. The new indicators plus 2 further years forex experience has made this a killer system for me! I cross reference the signals in this system against this knowledge and the results have been excellent.
The system may be a repackaging of other indicators — but that does not concern me. The end product is good-looking and easy to use. I can make up the cost of the system on one trade. I agree the system probably works best on 1 hour and 4 hour charts but I have used it successfully in time frames ranging from 1 minute to 1 day.
The system is essentially a reversal strategy but I find the new indicators can be used to successfully implement a trend trading strategy. The system is a dynamic system and so repaints because it indicates the position of current price against the centre of gravity. This throws a lot of people. Because of this, although the system is simplicity itself , it may be less suitable for the beginner than the more experienced trader who may be more discriminating in which signals to trade.
They claim to have now changed the way they generate the signals — but I will not be trying them again! If you miss entry to the trade — so be it. Wait until the next level of indicator eg level 2 purple if you tried and missed the entry on the level 3 yellow — that is in the direction of the trade i. Look back at the set-ups that worked - candlestick patterns etc No substitute for chart-time!
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