Best Choice! The leader in our ranking!
Perfect for beginners!
Free Demo Acc + Free Trading Education!
Good choice for experienced traders!
Night Owl Binary Signals Review
THIS SERVICE IS NOW CLOSED. (see the best alternative) Here is a full review of the Night Owl Signals service which is a trading room-based system.
Signals are not sent to the phones or emails of subscribers, but are called out live by the traders who operate the website. The unique selling proposition of this signal service is that traders get immediate access to the traded signals and become a part of a trading community that can support one another. The heading on the Night Owl binary signals’ website summarizes the whole experience. It says
‘Are you a night owl looking for a live trading room signals service? Real analysis. Real Trading. Every Night.’
5-Minute Forex binary trades
The trade alerts issued by the Night Owl Signals service dwells specifically on Forex binary options, with an expiry time of 5 minutes. As such, these options can be suitably traded on the Tech Financials white-label platforms, which are the binary platforms that introduced the 5-minute short term binary options contract for the first time in 2020.
In general trading 5 minutes is less risky than trading 1 or 2 minutes in binary options. When you’re trading 5 minutes you can refer to 1-minute charts, as well as, 5-minute charts giving you a greater insight into what’s happening with the price action and such minimizing your risks.
Trading during the Asian session from 8.30-10pm EST
The trades are taken specifically during the Asian trading session from Monday to Thursday. Each session lasts from 8.30pm to 10.00 pm EST. No trading is done on Friday night because the Forex market closes for the week by 4pm EST.
If you don’t live in Japan and can’t figure out what time is 8.30pm-10pm EST is in your location use this tool to find out. (Quick note: EST time is used winter and EDT in the summer)
For most areas in the Americas and Europe trading the Asian session falls in the evening or at night, hence the authors of the signals called it Night Owl, perfect solution for night people or insomniacs but many claim that trading this session is easier and more predictable, especially the very short term trades. Although this may not necessarily be true because financial markets change constantly, trading the Asian session with Night Owl Signals certainly makes it seem easier.
Includes technical & fundamental market analysis
As previously mentioned the Night Owl signals service is effectively a live trading room, where analysis is conducted by a human trader (Chris) and there is live commentary. This way, traders who subscribe to the signals actually get to know all about what they are trading, and there is opportunity to ask questions along the way. Signals are based on both, technical (chart analysis with indicators) and fundamental analysis (news releases). This is very important in trading and it’s what really make these signals unique and stand out from other providers.
This live trading service is best used with headphones so that the audio coming from the trading room can be heard clearly without external interruption. View the video below to see how the member’s trading room works.
2 – 5 Quality signals per session
About two to five signals are generated every trading session. The trades are based on the Call/Put binary options contract, where the trader selects CALL if the analysis shows that the asset will end the trade at a price higher than when the trade was initiated, and PUT if the signal predicts that the asset will end the trade lower than when the trade commenced.
Best Choice! The leader in our ranking!
Perfect for beginners!
Free Demo Acc + Free Trading Education!
Good choice for experienced traders!
The direction of the trade, currency pair to be traded, the strike price/market price on trade entry are usually given out by the trade room moderator LIVE. There is no preference for broker, and any broker offering the Call/Put contract with a 5-minute expiry time can be used to trade this contract.
All signals are clearly called out
The Night Owl leading trader, Chris, will comment on the markets and and explain his trading strategy and charts being shown. He will also often discuss the price action of the traded assets and various news releases that influence the markets.
Chris calls out all his trades very clearly and you will see him place them with his broker. As he trades 5-minutes expiry times there is also enough time to follow and copy his trades with your preferred broker without it being to stressful. We actually really like the way the head trader at Night Owl Signals performs in this area.
Night Owl trading room can be viewed on mobile
Subscribers can also join the trading room using their smartphones and tablet devices. There is a specifically designed app for this purpose that is compatible with Android, iPhone, iPad, and Blackberry. This app will give you access to the trading room.
However, we strongly recommend using the system on your desktop or a laptop computer. It’s just a much more enjoyable and comfortable viewing experience and easier to jump between browser windows. In most cases traders have two browser windows open, one with the live trading room session, and the other with your binary broker where you can place your copied trades.
Profitability of Night Owl Signals
There are no specific claims on how profitable the signals are over a longer period, but our tests and other traders who tried their system can testify to the efficiency of the signals delivered. Perhaps this can be counted as a huge plus to the service, as returns in the market are highly dynamic and cannot be quantified with a single figure all the time.
We tested the signals for a month and got the following results *
- Signals received: 72 signals
- Signals Won: 58
- Signals Lost: 8
- Neutral: 6
- Performance rate: 80.55%
* Please note that past results do not guarantee or indicate future results
Chat online with a professional binary broker
One thing that the Night Owl Signals service has going for it is the participation of subscribers in the entire process. A look at the interface will show traders commenting as the session progresses. This whole experience is very similar to Franco’s binary trading signals and both systems offer open 3-way (trader, other room members, you) communication using a live chat window. Below you can see a screenshot from the member’s area and the trading room with an open chat window.
What to consider before using Night Owl signals
The mode of delivery of the signals is such that traders must be glued to their computers during the trading period which lasts 1.5 hours each day. If the trader cannot do this (either because he is busy or perhaps doesn’t have access to the Internet), then such a trader will be unable to make the best of this service.
Some traders may also consider the focus of the signals service on 5-minute Forex binary options as being too restrictive. Many binary traders will prefer even shorter times, such as the 1 minute options (see Binary Options Trading Signals) or longer options such as 15m – 1h (look at Auto Binary Signals review). This system is a winning system based on the 5 minute options.
The pros of Night Owl Signals service
Traders get to trade as part of a community, which also affords a learning process and makes them part of an analytical approach to trading. This reduces errors and guesswork, while also providing learning and valuable mentorship.
The trade signals service is highly targeted. With so many assets to choose from, scattered over 4 different asset classes, the tendency to be a Jack of all trades and master of none is very high. By reducing the clutter and focusing on just one asset class and expiry time, it is easier for the trader to focus on what works.
The signals are easy to follow. Most traders will be able to follow the signals after watching how things go in the trading room for about two days. There is also a 100% money-back guarantee on this service.
The support team on Night Owl Signals is quite impressive. As it is a completely transparent service you can contact the professional trader online via a chat window during one of the trading sessions. You can also contact the company in the following ways:
- Use the online contact form on the Customer Service page of the website.
- Via email: [email protected]
All email inquiries are usually responded to within 24 hours. However, most responses from the NightOwl team usually come within 8 hours.
The costs of signing up to Night Owl Signals
Traders are expected to sign up for the service with their full details, and payment for the service is done on the basis of a bi-weekly subscription. The service is available internationally, and after payment, subscribers are given access to the service via a Members Only login area. The signal service comes at a cost of $87, payable every two weeks.
Each session will cost you only $10.87, that’s $7.24 per hour for trading ‘side-by-side’ with a professional trader.
We think that’s a pretty sweet deal. There is no free trial or test trial period but you may cancel the service at any time. Payments and returns are made via third party vendor, Clickbank. You can pay using credit cards and PayPal. Subscription payments are charged automatically unless the trader cancels before the next billing cycle.
According to the moderators in the Night Owls Signals trading room, the aim of the entire service is for everyone participating to become “old traders” and not “bold traders”. This means that the emphasis of the signals services is to use as little risk as possible, so as to last in the market a long time in order to become successful in the markets, rather than being too bold and taking unnecessary risks leading to big losses.
To sum up, we feel that the Night Owl Signals are actually quite good value for money. Not only following the signals may be profitable but also looking at the live screen cast and listening to a professional binary trader can teach you many things about trading the markets. The biweekly subscription fee of $87 is actually quite low if you consider all the education that comes with the signals for free.
THE NIGHTOWL BINARY SIGNAL SERVICE IS NOW CLOSED.
We hope you found this review useful. Remember to test all signals on a demo account before trading with real money on a live account. Trading involves a high degree of risk to your capital.
Night Owl Signals
Night Owl Signals no longer operate.
Hi, LotzofBotz here!
Once again turning my attention to services that actually can make you money, educate you and generally give you a real trading perspective instead of fake marketing reviews by scammers and brokers who are only out to take your money! In this review we have “Night Owl Signals” they are a biweekly service specializing in trading no more then 5 pairs with their own set of indicators and templates that they teach their members how to use on their own. This is important because this allows them to no only give LIVE REAL TIME signals through screen sharing/chat but also shows the logic of their trading from a professional point of view. They offer two different sessions both morning 9:30-11AM and evening 8:30-10PM EST time. Again I recommend this services because of transparency and professional grinder methodology more so then just the trading of the proprietor Chris’s trading which I can see as being profitable but think he could do better with more focus imo, still with that being said his method that he teaches I can imagine others being very profitable using it. Now watching him I can see he will win about 2 out of 3 maybe sometimes less or more on average weekly. I watched him for several weeks and he gave ample notification of upcoming trade entries as well as extreme focus on setups all pointing to a objective profit oriented trader demonstrated in the video below. They also offer “FREE TRADING TUESDAYS” so you can test them out with no commitment and see if its for you.
As we see in this video he is 100% focused on making solid setups for each session and grinding it out day in and day out. These are all marks of a professional so take note of this as these are the qualities one would need demonstrated live in this video. Also note how he notifies you ahead of time to get ready to “CLICK/ENTER” the trade to the second! Very important if you wish to duplicate a Signal Providers entries as you would here. He also cares about his subscribers willing to argue with the brokers such as CTOption who tried to screw their clients on a clear win as demonstrated in this video. He is there for you and a disciplined focused trader you can easily follow their REAL TIME SIGNALS/SETUPS!
Note in the picture above they trade only 5 charts which consist of 4 pairs in total EUR/USD, USD/JPY, GBP/USD and AUD/USD all 1 min and last a 5 minute chart which he varies between the pairs but mostly it is focused on the 5 min EUR/USD. This is the screen you will see where you can talk with Chris live in the chatroom and listen to him as he analyzes the market and alerts you to setups again all in a very professional profit focused format that I enjoyed watching with his style of trading.
My final thoughts on “Night Owl Signals” is they are professional grinders that can deliver profits to their followers as well as a great introduction to what it really is like to trade for a living with their live video/voice/text chatroom. This is how all “Signal Providers” should provide signals to their subscribers imo and again try it for yourself with their “FREE TUESDAYS” That is open to the public weekly!
Night Owl Signals Review 2020 Updated
This product review was uptated on April 2020
Many people throughout the world are looking for programs and services that can help them and guide them to improve their trading and in this way to start increasing their daily income.
In the next Night Owl Signals review certain details and important information will be released for all those who want to start in the world of trading or simply improve their trading skills.
Many people who have entered some other educational rooms know that these are not quite good and are not of great help for people in terms of trading. With the rooms of this system what is always shown are those tradings that are happening at that precise moment and it is shown who are the people who made a bad trade and lost, and who are the people who made a good trade and won. This is a good way to make sure that this system is transparent with its members and users.
What can also happen is that people’s accounts are dwindling a bit and that is why with this system they can get their accounts back on track thanks to the technical knowledge and coded indicators that are given to them thanks to this program after so many years of being in the world of trading. What is wanted is for people to gain experience and become better traders than they ever were.
But first things first.
What is Night Owl Signals?
Night Owl Signals Program became a fairly popular choice for all those people who want the signals issued by a program to happen in real time so as not to miss any beneficial trading. Many traders were able to take advantage of this program because it is a regular supplier of good profits for traders.
People will have the opportunity to know how these signals work and how they can do so that their income begins to increase quickly and easily day by day thanks to this product.
This Night Owl Signals review is specially made for all those people who have been looking for a long time for the most useful tool regarding the live trading sessions.
The creators of this system know that what happens in the markets does not happen at random and that is why for several years, since they started with this educational room that is live, they learned what did not work in the market and what did really work to be able to apply all this knowledge in this great system that few know about.
Night Owl Signals free trial is one of the two options found on the official website of this product, the other option is to subscribe directly. Some reviews on the internet may say that people cannot access this program for free, but that option is on the main page.
How do I use Night Owl Signals?
This is one of the few Night Owl Signals reviews that will give people the information they need before they decide to pay for a product or keep looking for something better if they do not like what they read. But what product is so good if it can never be tested?
The best thing about this program is that people only need to register on the page with a personal account in order to access the benefits of this system. It’s a really simple program to use that sends signals to people’s smartphones, tablets or computers, but this only happens if the traders subscribed for two weeks or the subscription package, and not the free option.
Another good thing about this program is that there are both special sessions in Asia and the USA, which has morning owls that prefer to have the sessions between 9:30 to 11 in the morning and has night owls who prefer that these sessions take place between the hours of 8:30 to 10 in the night. The sessions usually provide from 2 to 5 signals, although it can happen that sometimes more trading signals are produced.
During these sessions people will be able to ask any doubts or questions they have regarding the trades and those who carry out the sessions will be extremely pleased to be able to help them answer their doubts.
What is Night Owl Signals’ performance and success rate?
With this system what many people can achieve is that the success rate of their tradings will be between 85% and 95%, which is why the vast majority recommend this system through other Night Owl Signals reviews. Most of these signals are related to the 3 currency pairs that are the most used in the trading that are USD/JPY, AUD/USD and EUR/USD.
Is this program a scam?
“Night Owl Signals is a scam” may be a widely read phrase on the internet, but it is not true what is said on most pages that write those six words. This is a service that a lot of people still use after having bought it because they trust what this system offers them. Thanks to the live sessions on offer, people can follow one of the best traders they will ever know.
What people should do before saying that a product is scam is to try it.
In the official page of the product you can find several messages that several users left and did with respect to the system.
Can you get Night Owl Signals pdf?
No, Night Owl Signals pdf does not exist; it is not a book that can be read but a program so simple that it does not need guidance or explanations because everything happens in a live chatroom, although sometimes some information may be needed.
Is Night Owl Signals free?
No, unfortunately not. You have a trial period that is free, but then people should start paying $87, biweekly. The option for Night Owl Signals download is available on the official website. But since many people will not be able to afford this amount of money every two weeks, they are offered a single test session for as little as $10 through which people are expected to achieve a great benefit from all these accurate signals that they will receive.
Night Owl Signals has only two payment options that are PayPal or credit card and you should not enter the data each month that passes as the data will be stored in the system and the money will be deducted from the accounts in each new month, or until the person decides to cancel the subscription.
If they are satisfied with the trial version, people will be able to buy Night Owl Signals and once the money exchange is done, they will be able to download Night Owl Signals. If people are not satisfied with the product after having made several trades throughout the days, then the money will be returned to them.
This Night Owl Signals review gives the reasons why you should trust this program as it is the only one that gives traders the importance they deserve, in addition to having a very good rating. It is expected that among all the Night Owl Signals reviews, this is one that can persuade people to buy this product.
This product has only two bad things:
- It does not come with certain instructions in pdf, which would be a quick and easy way to help people better understand the program.
- As stated at the bottom of the official page, there is no guarantee that people will be able to earn money if they rely solely on what this page gives them, but people are the ones who must know how to interpret and learn to read the signals that are sent to them to be able to increase their income. It is not a miracle product that overnight will make people millionaires, that depends on them.
Night Owl Signal Service Review – Legit or a Scam?
You are on this blog post because you want to learn more about this particular binary options signal service. There is a lot of scams out there when it comes to this and we are determined to expose them all!
Find out in this Night Owl Signal Service Review if you should get it or stay clear away…
We just ask you to pay attention to the words on this blog post and read it all the way to the end so you can make the right decision to buy or not to buy.
Night Owl Signal Service Review – How Does It Work?
When you get started with Night Owl, you have to enter their live trading options rooms on a weekly basis which costs about $180 per month…
With this you can trade with the professionals that are actually very successful instead of guessing which is a big NO NO in binary trading.
They also have recommended brokers you can use that actually pay out and will not scam you from your hard earned money.
There is another option if you don’t want to join the live sessions. You can have brokers search the market and put in trades in your behalf, but honestly I never recommend this…
I have heard horror stories about this and I would trade on our own with the right signal service to guide you.
Night Owl Signals – The PROS
When it comes to the PROS with the Night Owl Signal service, there are tons to list. I will just get into the more important ones…
Experts Signals – The people that actually provide you with the signals are MBA trained experts. They have been doing this for a very long time and now you can take advantage of their expertise.
Flexibility of Time – The live sessions in the trading rooms are between 8:30 pm – 10 PM EST which is a great time to trade. Some services are in the morning which for many are tough to attend.
No Research Needed – You just follow exactly what Night Owl is giving you and you can trust their services will be profitable. They have been doing it for years and you are watching professionals here not rookies.
Real Time Signals – This is self explanatory, all the signals are real time so you can trade on the spot.
Multiple Trading Currencies – Unlike most of the binary signal services, Night Owl signals accept many different currencies outside of the usual USD and EUROS.
100% Guarantee – If you are not satisfied with the Night Owl signals, they will give you your money back no questions asked.
Step by Step Process – This is great for complete newbies in trading because you can just follow the steps and profit like the pro’s!
Trading is done with real money – The people are you following with this services are trading REAL money. When they lose money, rest assure it wasn’t intentional. As long as overall you have a high winning ratio is all that matters.
Up to 5 Signal Alerts per Day – Night Owl gives you 5 signals a day unlike many other signal services that give one a day.
No experience to sign up – That’s right, you don’t need to know anything about trading. Plus into Night Owl signals and learn in the process.
Mobile Friendly – They have an APP so you can start trading on your phone.
Night Owl Signal Service – The Cons
When it comes the “CONS”, there are not many…
The first down-side (Well, kind of) is the fact Night owl is very new to the binary world. So some people may not trust it right out of the gate…
You can’t be afraid to lose sometimes when using their signal service, nothing is 100%. Even if you win 70% of the trades, that’s GOOD.
Night How Signal Service Review – The Verdict
Overall, we have used them and we personally got a 75% win to loss ratio which is great. We follow the signal’s to the “T” and we are not greedy about it…
People treat this like a lottery which is the wrong mind set! I wouldn’t even trade with real money until you have 200-300 demo trades under your belt.
Never trade more than 10% of your deposit either!
Having that said, we give these Night Owl Signals our seal of approval!
If you join through that link, we will send you additional bonuses like our Facebook support group where we trade in and other goodies to help you trade better.
Night Owl Signals
Night owl signals is a new binary options for live trading room signal service that runs from 8:30 PM to 10 PM Eastern standard time during the Asian session Mondays to Thursdays.
Today I will be providing a review and letting the readers of binary today understand the potential benefits and drawbacks of this new signal service.
Night Owl Signals Review
The night owl signals service is just getting its feet on the ground so there is not a lot of information but I will do my best to provide what we know so far. In order to gain access to the signals traders have to be inside the live trading room that takes place for an hour and a half every night. In this live trading room the trades are announced and the trades are then placed. The expert traders providing the signals use real-time fundamental and technical analysis to determine the trades.
We are also shown that the night owl signals can be accessed using a smart phone or tablet by downloading the trading room in the app store. This is a convenient tool that I do appreciate. One thing that bothers me for this service though is the price. In order to gain access to the live trading room cost is $87 biweekly so nearly hundred and $70 a month. For a service with no track record I find it very difficult to shell out this type of money.
At this point in time there is no record of trades because the night owl signals service has just been released. I will not be able to recommend this signal service to any binary today reader at this point in time because they do not have enough information or track record. If you something you would like to contribute to this review please leave some comments below and I will respond to every single one of them. Take you for coming to the website today and I hope that you find some information here that will help you in your binary options trading journey.
About the Author
John Kane I am a full time binary options trader. I was able to leave my job in the last 5 years and dedicate myself to trading fully. I never thought my hobby and passion would make a living for me but I am grateful every day that it has. My main goal now is to communicate with the binary trading community, contribute to different websites and learn from other traders.
Disclaimer: Binary Today would like to remind you that the content contained in this website is not necessarily real-time nor accurate. Past performance does not guarantee future performance, the above is not indicative and is purely for educational purposes only. Relying on the above for investment, trading or betting in binary options or Forex is not advised unless done so with virtual money only.
Binary Today or anyone involved with Binary Today will not accept any liability for loss or damage as a result of reliance on the information including reviews, recommendations, charts, software, income reports and signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
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6 Responses to Night Owl Signals
I recently spent a month with Night Owl Signals, and the following is my experience and evaluation of its services.
As previously mentioned in a post by John Kane, it is a live trading room that provides educational and signal services – with heavy emphasis on education. It is owned and operated by Chris, the host and trader of Night Owl Signals. Chris, who is based in Florida, is an experienced trader who started out in Forex then, about five years ago, moved over to binary options. When he first started his service, he conducted one session at night from 8:30 – 10:00 pm EST. Over time, demand was such that he added a day session as well so, in addition to the evening session, there’s now also one in the morning from 9:30 – 11:00 am EST. He runs these sessions Monday – Thursday, unless there’s a holiday and the markets are closed. The trading room is set up in such a way that Chris talks to everyone via a microphone, while anyone wishing to communicate with him can write it out in the text box that’s provided. The cost is $87 every two weeks per either day or night session which averages out to about $11 per 90 minute session. While you can attend both the day and night sessions, each will cost you $87 every two weeks per session. Renewal is automatic through Clickbank.
I signed up for the evening service on Monday, December 29, 2020 which, in hindsight, was probably a stupid thing to do since the markets tend to get wonky during the last two weeks of the year and can also take another week or two after the start of the new year to get back into a more or less normal pattern of movement. Plus the brokers were closed on the 31st and 1st so there were two non-trading days that first week. I knew this but joined anyway because I had heard good things about Night Owl and was eager to get started with the service. I started out with a $400.00 account balance and didn’t trade more than $20.00 at a time.
The service has an affiliate component to it and the person who sponsored me in had reported a rate of between 5 – 8 accurate trades per session, and assured me that I would more than make back my subscription fee investment, and then some, even though I was only trading in $20.00 increments.
In a nutshell, that didn’t happen. Not even close.
A 90 minute session in the trading room usually went something like this: Chris, who only trades AUD/USD, USD/JPY & ERU/USD, in five minute trades (it used to be one minute as well as five minute trades but he stopped calling signals for the one minute trades because he said the slower/newer people were having trouble keeping up with his trade instructions. This resulted in a source of frustration for me as I really liked, and had the most success with, the one minute trades), would see a potential trade coming and call a “yellow light” and (usually, but not always) tell us which pair he was looking at. A “yellow light” meant we should get our accounts refreshed and get set to place a trade. Unfortunately, for whatever reason, he would often forget to mention, until the last moment, which direction he was expecting the pair to move and sometimes, he would even forget to tell us which pair he was looking at. So, by the time he finally gave us all the information we needed to place our trade, which was at the same time he was placing his trade, we were scrambling to catch up. Also, more often than not, the conditions that would elevate the “yellow light” to a “green light” would dissolve and he would call off the trade at the last second – literally. This would happen time and time again during every trading session. I wouldn’t have minded this nearly as much if, when we finally did place the trade, it was successful. Unfortunately, to the detriment of my account balance, that was not usually the case.
The number of trades we normally averaged per day was about two, meaning some days we only had one trade and other days we’d have three. We did have one day where four trades were made, two winners and two losers. That was the highest number of trades I ever experienced during a 90 minute session while I was with Night Owl and it only happened the one night. On more than one occasion, when we had only three trades for the night, two of them would inevitably be losers. Pretty abysmal results in my book.
In all fairness, I can’t be mad at Chris for all the losses as it was quite clear he wanted nothing but the best for the people in his trading room. Though, paradoxically, it is my personal opinion that it was Chris’ overwhelming, uncompromising desire to guide us to the absolutely, positively best possible trade that is the main reason we did so poorly.
Let me clarify. Chris would not call a trade out to us unless all conditions were absolutely, totally, completely perfect. As a result, he passed up many possible trades that, more than likely, would have worked just fine but were never given the chance. This was never more apparent than one Thursday night when we had made only two trades during our 90 minute session, and both had tanked. Chris was so upset that he remained in the trading room for another 90 minutes doing more teaching. During that time, he was also placing trades on his own but not calling the signals out to those of us who had decided to remain. He would only reference his trades in a vague way by saying something like, “I’m liking what the Yen is doing.” A few seconds or minutes later, he would tell us that he had placed a trade on the Yen, but for us, by then, it was too late to get in on the same trade. This continued for a full 90 minutes and at the end of that time, Chris had placed 27 trades, and of those 27 trades, one was a tie and two were losers. This guy had won 24 trades during that time and hadn’t called out a single signal to us at all. He justified this by telling us that all of those trades were higher risk than he liked to subject his students to and so he only mentioned them, more or less, in passing, without giving us any usable trade placement information. And, to address any doubters out there, I KNOW he won those 24 trades because when he finished trading for the night, he scrolled through a live screen shot of all his trades for the last three hours.
That same night, I emailed him and asked him if he would start trading THAT way for us but, again, he said the trades he had made were okay for him to do, but were too high risk for some of the less advanced people in the trading room and he wanted to be considerate of them. This left me feeling frustrated and helpless, like a penniless, starving person with my nose pressed up against the window of an all-you-can-eat restaurant. Needless to say, between my lack of wins and my frustration over his method for calling signals (or rather, not calling signals) my dissatisfaction over this service was ramped up another notch.
Chris’ rate for calling out visually perfect, but ultimately less than accurate, trades was such that, after about two weeks of a steady stream of more losses than wins, my sponsor sent out an email to everyone who had signed up under him recommending that we stop trading live and just trade on demo accounts until Chris’ accuracy rate improved. My sponsor didn’t know that I had already started trading on a demo a week before his recommendation, which was also a week after I had started with his service.
By the end of that first week of demo trading (my second week with the service), I was ready to bail. My two week subscription would be up in a couple of days and I wasn’t planning on renewing it. But, when it came time for my first automatic renewal for a second two weeks with Night Owl, I decided to allow it to go through because Chris had announced that he’d been working on a new indicator he had programmed himself that would provide a higher degree of accuracy. So, I decided to stick around a while longer and see how well it worked. He brought it online at the start of the last week I was with him, and while it did help to afford a somewhat higher degree of accuracy, we still only averaged 1-3 trades per 90 minute session and some were still losers. Add to that the fact that Chris would not let us download and use the indicator so we could trade with it on our own outside of the trading room, and I hit my maximum frustration limit. Chris’ justification for keeping us locked away from his indicator was that, one, he was still tweaking its programming and, two, he didn’t want people to download it and then leave the trading room. He said he wanted to build up the trading room to around 500 people and he couldn’t do that if people took his indicator and left to go trade on their own.
When he told me that, I knew it was time for me to leave. Not only was he picking and choosing which signals to call and skipping signals that could have been winners, when he should have been calling all potentially viable signals and letting us decide for ourselves if we wanted to act on them or not, I wasn’t even clearing enough to cover the cost of his subscription. And it just killed me to know that he had it within his capability to trade in such a way that would help not just me me but everyone make huge profits. But he refused to do so because he wanted to cater strictly to the lesser experienced people.
In my opinion, a teacher should want to teach his students how to be self-sufficient and to gain the knowledge that allows them to go out and succeed on their own, not try to hold them hostage by refusing to give them the tools they need to succeed. But, had I been able to derive enough of a financial benefit to cover my subscription cost AND build my account balance, I would probably still be with him. Sadly, that didn’t happen. Personally, I could never figure out what was so hard for the newbies – of which I had been one when I first started there – about refreshing your account, selecting a currency pair, choosing a dollar amount and hitting the “call” or “put” button when told to but, apparently, some people did have a problem and he catered solely to them, to the detriment of others like myself who were willing to jump all the way into the pool rather than just getting our feet a little wet.
Four days before my subscription was set to renew for the second time, I submitted my request to Clickbank to not allow it to go through, but it renewed anyway. That wasn’t a big deal, though, because Night Owl (or Clickbank) has a 60 day, money back guarantee, so I submitted a request to Clickbank to be refunded for the last renewal, as well as for the first renewal, on the grounds that Night Owl didn’t perform entirely as advertised. I did, however, decide to let the first $87.00 payment stand because I did gain some benefit from the teaching that Chris provided.
So, would I recommend the Night Owl Signals service? The simple answer is yes and no.
If you are looking for someone to teach you how to trade binary options and what to look for when considering placing a trade then, yes, I would most assuredly recommend this service. During every 90 minute session, Chris kept up a steady patter of dialogue explaining what he was thinking about, looking at, and considering that concerned trade setups and jumping off points. He would explain what he liked or disliked about the way a certain currency pair was moving and how it could potentially affect the trade. The only time he was silent was right after placing a trade while he waited for the five minutes to count down, at which time he would take a short break and maybe get some water. In that respect, he was a good teacher. A single investment of $87.00 to study for two weeks under Chris’ tutelage would be well worth the investment. And two weeks should be about all it takes to learn what Chris has to teach. After that, anyone with any kind of affinity for binary options trading should be able to strike out on his own.
On the other hand, if you are looking for a live person to call signals out to you and tell you when and how to enter a trade with the hopes of building some kind of a financial nest egg then, no, I most definitely cannot recommend this service for that purpose. And it just kills me to say so because Chris is such a nice, friendly guy. He welcomes questions and is quick to respond with answers both in the trading room and through emails. But he caters to the least skilled trader and once you no longer fit into that category, you’re just spinning your wheels sticking with his service because he will not provide you with any real signals short of something totally, completely, thoroughly perfect which usually only happens two to three times at the most during any 90 minute trading session and is not always all that accurate. He just does not trade for his more advanced students in a way that can gain them any financial benefit and that’s a real shame because he so easily could. If he had called signals for his students instead of quietly making those 27 trades on his own during that one Thursday night in January, and he continued to trade that way from that time forward, I would still, happily, be with him, and there’s no doubt in my mind that I’d be much better off financially for it.
And I find it hard to believe that I was the only one who felt that way. Surely there had to be other people from that Thursday night who recognized the kind of trading Chris was capable of and how he could greatly benefit us all if he would just stop dumbing down his trade-calls and be willing to change his approach for calling signals. From my perspective, Chris is in business to provide a service (calling signals) and, even though his customer (me) was asking him to perform this service, he was refusing to do so except from within some very strict and narrow parameters. To me, that’s not the mark of a good business owner. A good business owner listens to, and tries to accommodate, his customer’s needs, and Chris completely ignored my request.
As it was, when all was said and done, and I finally left on January 23rd,, 2020, I was up $8.00 in one account and down $90.00 in another account, and that wasn’t counting the cost of the initial $87.00 subscription fee I decided to let stand.
Shortly after writing, and before posting, the above evaluation, I learned that Chris had added a new service called Signal Push. Upon cursory investigation, I learned that this is a service where you sign up with a specific binary options broker, then download a piece of software that interfaces between your broker and Chris’ trading platform, though you can preset your own amounts to be traded. This allows any trades that Chris makes to be duplicated within your own broker’s platform so, in essence, Chris trades for you. It’s all automatic so you don’t need to be on hand to make any trades yourself if you don’t want to. The one downside is that it ain’t cheap starting at $399 per month (which allows you to make up to $500 trades), so if you can’t start out at a higher than minimum deposit amount with the broker (which is usually about $250), you probably won’t make enough in one month of trading to cover next month’s $399 service fee because you’ll only be able to make $10-$20 trades, assuming you’re following good money management practices and not trading more than 2%-5% of your account balance during any given trade.
In spite of the cost, I’m going to give it a go – when I can – because if I learned one thing during my time with Night Owl, it’s that once Chris gets out of his own way and stops trying to find that totally, absolutely golden, wonderful, completely spot-on, perfect trade, he is a darn good trader and I would be very happy to have him trade for me. And, while I don’t know all the specifics with the new Signal Push program yet, I will come back and post an evaluation about it as soon as I can.
I can confirm what Becky says!
Chris seems to be a nice guy who tries to help people and i really think that he has a lot of knowledge in terms of Forex.
But during my test period, 8 trades were made in the morning session with a result of 5:3, in terms of percentage this is 62,5% which is way too low when you are taking trades in binary options. Even if you follow strict money management. This only works when you have a big depot, then it is actually growing a little bit, but you have to think about the costs of around 100$ per 2 weeks as well.
A lot of promises are made during the session like “wait for the end of the week, it will look good then”. Well, at least there was no loss.
Chris opened a new facebook site at facebook.com/nightowlsignals where his results are posted. But he only posts the positive days! E.g. on monday we had 0:1 (1 trade and that was a fault), this is not shown on his facebook site. On thursday we had 3:2 (5 trades, 3 good, 2 bad) but the pic he uploaded showed a result of 3:1 (so 1 bad trade was snipped away, which is NOT the truth)
I understand that he wants to tune his results in terms of marketing, but this doesnt build trust for me!
He also has a service called 24/7 charts, where you pay around 80$ per month and you got access to his charts and indicators, but without his moderated trading room. This COULD be a better deal.
A new indicator is in the pipeline, but not yet released, who knows if it will be. As per 05. September 2020 there is only the “DTS” indicator shown which i didn’t trade so far by myself.
To sum it up:
In my opinion, you can forget about the moderated room in terms of trading Chris’ trades, because they are too few and even if he does them, a lot of them are negative! This turns me off big time. It’s hard to say if he is scam or not. Personally i don’t think so because he seems to have good knowledge about the markets. But he presents his results in a better light than they are and if you think you can just copy his trades and win big time, then you are on the wrong track!
This is what i have experienced, paying customer, copied his trades in the morning session Monday to Thursday, i didn’t miss a day during my membership!
I might give the 24/7 trading room another go and maybe i got more “luck” when trading the DTS and maybe the new indicator (if it will be released soon).
I don’t know if you’d be able to read this message, if not, any chance John that you could ‘send’ an email to Becky and forwarded my message?
Anyway, would like to ask Becky, how’s the Signal Push from Chris of Night Owl Signals? Did you have the chance give it a try? Was it successful this time?
Sorry to disappoint but, shortly after posting my above comments, I fell upon some hard financial times and was never able to try out Chris’ Signal Push program. I hear that he’s now doing something different that’s similar to Night Owl Signals but that has some kind of affiliation with NADEX. Beyond that, I don’t know any specifics. Good luck with your trading.
I love your reviews and your consistency of new and any updated info on new upcoming binary options products I tilt my hat to you sir thanks very much. I have came across some info on a copy trader service of a broker ctoptions and I wanted to get your inside thoughts on it as far as a system that they added Idk how long ago called binary replicator. It would be nice for you to do a review on this and also have you heard of Trade4.me and I would like your thoughts on this website as well thanks for your time, and keep up the Awesome Work Exposing these snake con artists #$&%%# of bi#%$% etc.
Thanks so much for the kind words, makes doing this worth while!
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