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  • Archive for December, 2009

    Forex Mutant


    2009 - 12.22

    Here is something unusual:

    Forex Mutant is a signals software and an advanced manual trading system. Forex Mutant is said to win at 90.3% and the authors have set a goal to not only provide the users with results but to also teach them trading. And this system provides that step-by-step guidance.

    I am not saying to buy it, but it’s worth a peek.

    Forex Knight Rider


    2009 - 12.12

    Here is something new. I’m not sure if it is any good, but may be interesting nonetheless.

    Forex Knight Rider is a new FX scalper EA. It’s fully automated and will make several trades a day at about 6 pips in profit each (96…

    I do recommend to look into it.

    FXOpen


    2009 - 12.10

    I have just heard of a new product:

    Before writing a review of FXOpen I’ve researched a lot of FX brokers that use MetaTrader 4 platform and they were one of the most talked about brokers with a very decent feedback. Furthermore, FXOpen is used by traders who trade with Expert Advisors and realizing that most readers of this site are interested in auto trading, it was a nice fit. The only problems that people seem to be having are with scalping – the servers sometime seem to be having delaying and an occasional re-quoting is happening…

    It can be promising.

    4X Pip Snager


    2009 - 12.05

    Here’s an unusual program:

    4X Pip Snager is a manual currency trading trading system for those who want to get their hands dirty and get results faster. The package actually includes two systems – scalping and day swing trading system. Each system is a set of rules and indicators which you use to manually open trades with provided stop loss and take profit.

    The scalper system works on a 1 minute chart where essentially you get a signal to open a trade and wait for the pip gain to close it (or to cut the loss)…”

    I’m sure it’s worthy to take a glimpse.

    Recap of Forex in 2009


    2009 - 12.04

    The end of the year is near, there’s less than a month left, and it’s a great chance to remember what was going on this past year in Forex.

    First we have to emphasize what an impact had the world’s economy. With most of the world economies going down, there were interesting trends in Forex. USD going down against all currencies, gold price going up against all currencies (especially USD), and the retaliation of Asian markets.

    That certainly has left a mark. Many products were released that capitalized on the down trends (and up trends) specific to the crisis.

    The market has also seen a huge surge of new automated Forex trading products. Starting with FAP Turbo at the end of last year, and ending with several new robots released at the end of this year.

    2009 has drawn a lot of attention to Forex, with the closures and people losing jobs, many have turned to this market to look for income streams. Many new professional traders were born.

    The year was interesting, and here’s to 2010, it will no doubt be even more interesting.