Archive for the ‘Forex’ Category
2010 -
02.14
Tags: automated software, currency trading, forex bot, forex trading, forex trading system, money management, review, trading software
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I have just heard about a new program: Forex Cash Evolution
The foreign exchange capital market is worldwide and thus it is the largest finance market in the world. There is a bunch of cash to be made by trading your investment funds on the forex or currency market but at the same time it is an extremely dangerous way to cope with your funds. Just like with other types of trading, folks go into it thinking they can get rich quick and that isn’t the case in any way. The truth is that traders either get rich slow or they lose their money.
So how do you make sure that you are in the share of winners? You can give yourself a good start by making sure that you avoid these five giant mistakes.
1. Dreaming
dreaming of riches is the shortest way to ruin when you are trading currency. It is vital not to over stretch but take your profits at the level that you planned. If you are continually praying that the subsequent trade will be a 500 pip triumph, you’ll easily get tempted to hold on until you all of a sudden find the market turning against you.
2. Regrets
Any time you catch yourself pondering what should have been, stop that thought in its tracks. This goes right along with dreaming in that if you don’t watch out, regret will grab your hand and lead you into ruin. If a trade turns sour, just record it and let it go. And if you suspect that you cannot let go of thoughts, you might want to try a little meditation.
2010 -
02.12
Tags: currency trading, forex course, forex trading, forex training, mindset, psychology, review, trading strategy, video training
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Did you see this? Triple Threat FX
We hear a lot about the benefits of reading expert advisor reviews before you invest in one, but are you able to actually trust them? There are so many different types of androids and different sorts of foreign exchange traders, that even if an EA or expert aide has the best reviews in the world, it might not work for every individual.
That could be a surprising statement. You can probably imagine a trading program which relies on the trader to put it into practice successfully each time, might have really sundry results for different folks. The assumption is usually that robots either work or they don’t, and they will work in the same way for everybody, so that all users make the same profit at every point. But in fact this isn’t true.
In wide terms naturally most traders’ results will follow peaks and downturns at roughly the same time if they are utilizing the same software, but amazingly, the actual results can be quite different. In reality in some of the expert counsellor forums you’ll be able to find two folks utilizing the same EA and one is making a profit while the other is making a loss. So why is this?
2010 -
01.28
Tags: Artificial Intelligence, automated software, currency trading, EA, expert advisor, forex bot, forex trading, forex trading system, review, trading software, trading system
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Have you heard about this?
Pip Android is the “most intelligent Forex system” that promises remarkable accuracy and profitability. Most importantly, it will show live trading results to back up its accuracy, once it goes live.
Pip Android’s main features:
Provides live results updated every 10 minutes.
Trades in different market conditions (ranging, sideway, choppy, and trending markets).
Has a profit and drawdown protection system…
Be sure to visit it.
2010 -
01.24
Tags: currency trading, day trading, forex strategy, long term trading, manual trading, review, trading strategy
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Here is something fresh. I’m not sure if it is good, but perhaps it may be interesting nonetheless.
Forex Powerband Dominator is a manual currency trading trading system that functions on any time frame with any currency pair, and is good for scalping as well as long term trading.
The system is sold in a package of:
A comprehensive trading manual that teaches you everything about the Forex Powerband Dominator system.
Video modules that cover: platforming and charting, how to plot “fixed” and “dynamic” support and resistance areas, how to use price action and candle formations to give you a real edge in the markets, entry techniques, the best use of time frames, position management, and more…
Can’t hurt checking out. It sounds interesting.
2010 -
01.19
Tags: currency trading, forex trading, signals, signals software, trading software
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Here is something you may be interested in. I think it is:
Forex Neutrino is a new FX trading signals program built to beat the FX robots.
The few demo signals it shows are on the GBPUSD 4 hour chart. So supposedly it gives out long term signals.
Unfortunately that’s about all information provided on their website, there’s no real proof either. The only way to really know how it works is to test it.
Please post your opinion if you have experience with this software…
Might be worth to give it a look.
2010 -
01.11
Tags: automated software, currency trading, EA, eurusd, expert advisor, forex bot, forex trading, neural network, trading software, usdjpy
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Here is something fresh. I’m not sure if it is good, but perhaps may be worth a look.
USDBOT is a 2 in 1 EA for two currency pairs – EUR/USD and USD/JPY. The system is built around a strategy of a group of veteran foreign exchange traders, which has taken them years to perfect. The robot was built using the adaptive neural network technology which takes into account common trading strategies in addition to its own. Thus the robot is able to adapt to different market conditions or trends.
The system is easy to install, it’s beginner friendly and most important of all, it comes with a live support chat for its users…
I don’t see such systems often.
2010 -
01.08
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Here’s an unusual system:
sRs Trend Rider is a unique FX trading system. It’s a hybrid system, which means there are both, non-automated and automated components. The description of sRs Trend Rider says it’s 95% automated…
You don’t see that often.
2009 -
12.22
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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.
2009 -
12.12
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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.
2009 -
12.10
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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.