Forex Gemini Code ReviewOver a year after its initial release (and my purchase of it), I’m finally getting around to writing my full Forex Gemini Code review (trading system and trading course).

I urge you to read this review if you are thinking about buying this new trading system and course by Vladimir Ribakov. You may be surprised to learn what I have to say about it.

My Forex Gemini Code Review

The Forex Gemini Code was the first new trading system that I had purchased since getting the Infinite Prosperity course at the end of 2012. I decided to purchase the course based on the reputation of its creator, Vladimir Ribakov, who seems to be highly regarded in the Forex community.

The course is thorough and professionally put together. I had no problem learning the trading system, and I only needed to ask a question or two. This was due, in part, to the fairly active (at the time) members area, in which many questions were asked. Vlad, himself, answered all of them.

There were also weekly webinars (in the beginning). Those help to iron out any kinks you may be experiencing with the system. If you were to purchase the Forex Gemini Code now, you would only be able to watch the recordings from those early weeks, but they would still be helpful enough.

Parts of the course were unlocked over time. The idea is that you become proficient with one aspect of the system before learning another rule or getting another indicator. I can understand why Vlad does it this way, although it was a little frustrating for those of us who were ready to start testing the full system right away.

The system, itself, is fairly easy to use. It’s probably one of the most simple trading systems that I’ve ever used, but here’s the catch: IT’S NOT PROFITABLE. Sorry to yell at you, but I don’t want you to miss that. I know many of you will be skimming through this, so I’ll say it again: The Forex Gemini Code was NOT profitable during my review and testing.

My initial tests were very good with this system. It’s been a while, but I believe I was initially up 11% in 2 weeks, risking 2% per trade. However, over a longer period of testing this system did not prove to be consistently profitable. My testing also incorporated all the market sentiment techniques that Vlad taught as well, which should have only helped the system’s performance. I wanted to like this system, but it just doesn’t work.

Course Description:

  • 6 DVDs
  • Trading manual
  • 5 Cheat sheets
  • 3 Trading setups
  • Membership area
  • 8 Progress gifts
  • 2 Bonus PDFs
  • 11 Recorded webinars
  • Lifetime student support
  • 1 Free year of daily and weekly market forecasts

Trading System Classification:

The Forex Gemini Code trading system is a high reward-rate system (HRR). This means that you make your profits from a good risk-to-reward on the fewer trades that hit their targets, rather than making your profits from a high strike-rate (HSR), like in the Top Dog Trading system. This also inherently means that you will lose many trades. The goal is to achieve a strike rate of, at least, 40-50%.

The Forex Gemini Code also teaches an aggressive method, where you shoot for 1:1 risk to reward, and use half of what you normally risk per trade. The aggressive trades, however, are supposed to be added to the repertoire once you are successful with the conservative approach. Since I could never get the conservative approach to yield consistently profitable results, I did not use the aggressive approach much.

The Forex Gemini Code trading system is time consuming, because it is designed to work on the Daily, 4 Hour, and 1 Hour charts. Good setups on the Daily chart are rare, so you will do most of your trading on the 4 Hour and 1 Hour charts. This means you will need to check your charts throughout the day, as opposed to once per day, like in the Infinite Prosperity system.

The Good:

The Forex Gemini Code is simple and professionally presented. Between the thorough instructions, example trades, and questions from the community, you will have no problem learning this simple trading system. The Forex Gemini Code is probably the easiest trading system that I have ever learned.

There are plenty of trade setups on the 4 Hour and 1 Hour charts, and an occasional setup on the Daily chart. Although, like any other trading system, patience is required to qualify the best trade setups, you should have plenty of opportunities each month to put this trading system to use.

Vlad also teaches some useful techniques that you can use to help qualify the best trading setups using his system or any other trading system (using Bollinger Bands, MACD, market cycle, etc…). These bonus techniques were actually pretty useful, and they easily became the best value of this purchase for me.

The Bad:

Unfortunately, during my Forex Gemini Code review and testing, this trading system was not profitable for me. My initial testing was good, but the system did not prove to be consistently profitable over a long period of testing (which is why I always recommend testing for, at least, a few months).

The daily and weekly market forecast were a big help, and I would’ve added this point as a positive, but you only get 1 year of that service for free. After 1 year, it costs nearly $600 to renew. From a marketing perspective, I understand what Vlad is trying to do here, but it just feels like the whole Forex Gemini Code package is designed to get you hooked on this forecast service.

The members area (which you have a lifetime membership to) is dead. In the early days, it was very active. Lots of questions were being asked by students, and a lot of them included snapshots of their charts. Vlad answered all of these student questions on his own, and it was very helpful. Fast forward to today – it has been 7 months or more (as far as I can tell) since the last activity in the members area.


The Forex Gemini Code is one of the more expensive trading educations that I have paid for, and it’s definitely the most expensive trading system and course that I have reviewed on this website so far. The price for the Forex Gemini Code is a whopping $997.

As I mentioned earlier, Vlad’s forecast service is actually very helpful. However, it costs $588 to renew it after your free year of service. That comes out to $49 per month, which is fairly standard for a service like this. Some traders will find Vlad’s forecast service useful enough to renew it, but I suggest moving on to something more productive.


First off, since the Forex Gemini Code is not profitable, I recommend not buying it. Instead, you should look into the profitable trading systems that I’ve reviewed on this website (Infinite Prosperity and Top Dog Trading). Check out their 100-Trade Test results, and read my reviews of each of these systems to see which one will fit your trading style and schedule.

If you are dead set on buying the Forex Gemini Code, then I would recommend only trading the 1 Hour, 4 Hour, and Daily charts. You should listen to Vlad’s forecast every day, and only take trading signals that are forming at significant support/resistance levels. Also, only take trades with a confluence of signals, such as False Breaks, with supporting MACD divergence, in the overall direction of the market, etc….

Final Thoughts:

The Forex Gemini Code trading system and trading course is professionally packaged and thoroughly explained. Even the most novice trader should be able to understand and implement the rules of this relatively simple trading system. However, during my Forex Gemini Code review and testing, I discovered that this trading system is not profitable (at least not for me).

Vlad teaches some bonus techniques to help you understand the overall direction of the market, and these bonus techniques ended up being the only value I took away from this trading course. Vlad’s market forecasts are also very helpful, but you will need to renew (at the cost of nearly $600) your subscription to this service each year.

The price for this Forex specific trading system is a whopping $997, more than double the price of the next most expensive system that I’ve review for this site so far. I thought the price of this course would drop after the initial sales, but having checked again recently, I can confirm that the price is still $997.

Although new and experienced traders alike will likely find some value in this trading course, in one form or another, I suggest looking elsewhere for a consistently profitable trading system. As far as I’m concerned, the Forex Gemini Code is an overpriced course on how to use Bollinger Bands, MACD, market cycles, etc… to increase your odds of choosing overall market sentiment correctly (which can be valuable with the right trading system).

Would I recommend the Forex Gemini Code to a friend? No, I would not. My Forex Gemini Code review and testing revealed a trading system that was unprofitable, although the trading course contains bonus lessons that could help you increase the performance of other trading systems. If you’re a new Forex trader, or you still haven’t found a profitable trading system, I recommend trying the Infinite Prosperity or Top Dog Trading systems instead.