Review of the Ultimate Swing Trader - FX edition

April 21st, 2009

I started hearing some hype a few months ago about a new product coming out for the Forex market that was specifically for swing traders. Being that I consider myself a day trader or rather an around the clock trader, I was thinking to myself this can’t be for me. Although, I’m always looking for ways to improve my trading plan, so I decided to take a closer look.

Here are some of the questions I asked during my review of the new Ultimate Swing Trader.

What is the Ultimate Swing Trader – FX Edition?

The Ultimate Swing Trader - FX edition (UST-FX) is a swing trade calculator specifically for Forex Swing Trading. The calculator was developed by the same traders that created the Universal Market Trader system. The developers leveraged their 13+ years of trading to create a calculator made up of indicators that will guide you through the volatile Forex market.

Well who needs another EA or expensive Forex System?

The UST-FX edition was designed with the busy trader in mind, someone who doesn’t have all day to trade, let alone a few hours. Using the calculator and this method of trading you can take as little or as much time as you need to fit your schedule and your trade plan and still be profitable even if you’re only trading 10 minutes a day.

This is where I started to get excited, the thought of getting my life back and not having to worry about trading around the clock like I had been in recent months sounded liberating.

But really why should I trust another method?

What is comforting is the makers of the Universal Market Trader (UMT) truly stand by their products. They give you a number of tools to succeed. It’s not the typical scenario. You know when you go through the glamorous sales pitch, order the product, hear the thud at your door, the software is in your hands…then what? These guys operate differently. There are a number of tools to help you along the way.

When you order a product it doesn’t end there. You become a member of the club. In this club you have access to a product specific forum to talk with your peers, a dedicated blog, access to ongoing training videos and other materials, not to mention they have a dedicated staff of coaches to help you one-on-one. As if that wasn’t enough, if you’re not satisfied they offer a complete money-back guarantee on all their products.

I’m not saying there is no work involved. This isn’t an automatic system. You really need to learn the method they teach. Even though I knew I’d have to spend some time with the system, I realized I didn’t have much to lose. I figured I’m getting the product package (CDs, A quick start guide, and a trading manual), a team of coaches, and dynamic training on the website.

After getting an account with Trade Station, I’ve started to trade the Ultimate Swing Trader method and I can say that it’s been a relief to spend less than an hour a day trading the Forex market. I have had my profitable days, my breakeven days, and a few losing days in the past two weeks. It’s not perfect, but I feel as I get more comfortable with the methodology those losing days will be fewer and fewer.

I’m pulling some results together to post soon.

Get more information on the Ultimate Swing Trader – FX Edition by clicking here.