UnderstandMarket Review
Posted in Forex Signals on 25. Mar, 2010
Understand Market is a signals service that not only provides signals on forex, it does give signals on S&P 500 and the Gold market as well. It uses very advanced artificial intelligence software to generate the signals.
Understand Market prides itself with its results of a 55% ROI over their period since 2006 based on the reinvestment of profits. The proof can be seen from the Track Record page on their website. The page also shows the complete history of signals throughout since their start of the company.
The price is quite expensive since each trading signal will cost you $27. When a signal is sent out, it will contain information on the opening price, management of money and the closing price. It even tells you the volume and recommended action for each signal. The volume is very useful since it gives you how much confidence their traders have in the signals. The confidence level is higher when the volume is higher.
If you choose to buy their probability map at the price of $30/month, the maps will show how likely the future price will swing. The map will give fuzzy areas which points out the probability and variations that might happen. In 94% of the time, the swings they predicted stayed within the boundaries of the fuzzy area.
Once you are a member of Understand market, you can also use their 3 other features such as the NewslerFX and the currency correlations.
The NewslerFX basically provides news on the current forex market. The currency correlations can help you develop your on set of signals.
They seem to be working hard on providing the best signals possible for traders since they don’t really educate much on how traders should do with the forex trades.
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