Forex Time Machine is a brand new trading course by veteran trader Bill Poulos. I had the honor of getting a preview copy before the rest of the Forex world got it, so I can now write a detailed review of Forex Time Machine and what I think about it.
I am going to review this course based on a group of criteria which will help you and me to see whether this is truly as good a system as Bill Poulos is known to produce.
click here to see some Forex Time Machine Screenshots
Forex Time Machine Review Criteria
I am going to be using the following criteria in this review:
- In-depth, detailed learning instructions
- Trade Opportunity Identification
- Entry Rules / Exit Rules
- Trade Plan and Strategy
- Risk Management (Initial and Ongoing)
- Product Support (Materials and Customer Support)
- Additional Product Tools (Forums, Member Websites)
- Product Guarantee
I believe that a truly remarkable system needs to have all these things. Let’s go over them one by one in relation to the Forex Time Machine.
In Depth, Detailed Learning Identification
If you’re going to invest in your Forex trading education, at least make sure that you’re getting your money’s worth.
Forex Time Machine contains 7 DVDs with detailed video tutorials, multiple trading examples, and additional written material to make sure you grasp all 3 of the trading methods taught in this course. One of the DVDs is for beginners and can quickly bring you up to speed.
Click here to see some Forex Time Machine Trades
Trade Opportunity Identification/ Entry Rules / Exit Rules
Forex Time Machine teaches three methods for attacking the Forex markets:
Breakout Method – Used when the market is about to breakout in either direction
Momentum Method – Used to capture additional movements in the market in the current trend.
Spring Method – Used to capture counter-trends movements in the market.
Each of these methods is explained in detail in its own DVD. You get comprehensive analysis of when to use each method, how to place entry and exit orders (Stop Loss, Take Profit, Trailing Profit) and you have many examples showing how you can use each of these methods.
You’re basically taught when to trade and when not to. By showing you how to identify the best trading opportunities, Bill Poulos helps you place only high probability trades, minimizing risk and boosting profit potential.
By having exact entry and exit rules, you’re basically becoming a Forex Time Machine because you know in advance how a trade can end, whether a winner or a loser.
These methods are simple to apply and use only a handful of indicators. Using them correctly can yield many thousands of extra dollars in profit, in my opinion.
Click here to see some Forex Time Machine Trades
Trade Plan and Strategy
Even though you get 3 distinct trading methods, Bill Poulos shows you how to use them together in a single and powerful trading plan. In the Forex Time Machine course, you will see how the 3 methods flow together as the market changes.
You can move from the Breakout method to the Spring Method on to the Momentum method and have profits in all of them. By having 3 methods which work together, you can trade more often because you know what to do in various market conditions. This is why Forex Time Machine can increae profit potential by 3 times if not more.
Risk Management (Initial and Ongoing)
Most Forex courses hardly address the subject of risk since they try to dazzle their prospective clients with promises of high profit. However, the first rule of Forex trading is to lose the least money by managing risk.
This is actually the strongest expertise of Bill Poulos. The man just hates risk with a vengeance and in the Forex Time Machine you will learn how to make sure you never suffer crippling losses and always know exactly how much you can and can’t lose.
Product Support (Materials and Customer Support)
Getting a product is never a one time thing. You’re going to have questions, need answers, and want additional support. With the Forex Time Machine you get 1 year of unlimited support from Bill Poulos and his staff to make sure you don’t fall through the cracks.
This kind of support is often underrated. Without it, a course may be useless. With such expert support you can make thousands of dollars more.
Additional Product Tools (Forums, Member Websites)
Since the market is always changing you want to be able to continue learning and keep yourself up to date. This is why Bill Poulos has established an exclusive members’ website for those traders who use Forex Time Machine where he delivers additional training material. In addition, you’ll be able to have contact with other likeminded traders.
This will be a serious forum since it’s for paid members. Unlike Free forums which are full of whining and spam, this forum will be pure information, tips, and tricks.
Product Guarantee
Although Bill Poulos has an excellent reputation and his courses are top-notch, you want to be able to test things out for yourself.
I always recommend testing a new method on a demo account for sufficient time. This is why programs who don’t offer a money back guarantee are a big no-no in my book.
In addition, the length of the guarantee is also important. 30 days is too short for most traders to conduct a true test.
Forex Time Machine comes with a 60 day guarantee and so it provides enough time for a careful analysis by you.
In conclusion
As you may know, each course by Bill Poulos is considered a must-have until proven otherwise. I believe that Forex Time Machine can help you make thousands of dollars more, save a lot of time, reduce risk, and become an independent trader.
As you can see, Forex Time Machine meets all the criteria we set in this review. I believe that this course can help make any forex trader into a more profitable, less anxious, and happier trader.
Click here to Get Your Copy of Forex Time Machine
