Forex Trading Explained

Fap Turbo Review 0

Fap Turbo Review

A great many of the Forex robots available today can only be used to deal with one or two currency pairs – usually USD/GBP and/or USD/EUR. That is not the way many successful “live’ forex traders like to play the game though, ask many of them and you will find that they like to deal with at least four. FAP Turbo is an EA that can deal in up to five. But is it right for you?

Leo Trader Pro Review 0

Leo Trader Pro Review

Ask anyone who has much experience in trading on the Forex market with an EA robot and many of them will quickly tell you at least one story about having purchased – or knowing someone who purchased – a Forex robot that turned out to be a complete dud, despite having a great flashy website and some decent looking backtesting numbers. Leo Trader Pro claims to very different, but is it really?

Forex Megadroid Review 0

Forex Megadroid Review

These days as the interest in forex trading has exploded there really are dozens of EA s out there, all of which of course claim to be better than their competitors and a sensible person, whether they have forex trading experience or are just getting into the game will be best served by looking beyond the inevitable hype on the sales page to what each EA can actually do and how it has performed in the past. The Forex Megadroid sales page makes a lot of very lofty claims but the question is does it live up to them?

Forex Morning trade review 0

Forex Morning trade review

Is Forex Morning trade a scam? Forex Morning Trade is one of a number of EA robots offered via Clickbank, one of the leading e commerce solutions for Forex. It works a little differently than some of the other Forex robots out there today but if you are serious about making your fortune in the Forex world (or making a nice amount of money anyway) it always pays to explore what is available, in the form of EA s and other tools, to help you on your way to achieving that goal. Overview of Strategy Forex Morning Trade has it...

Wall Street Forex Robot 0

Wall Street Forex Robot

Wall Street Forex Robot is an Expert Advisor product ran through Plimus, one of Forex’s top E-Commerce solutions.  This is one of the most popular forex EA options today so anyone who keeps up with Forex Expert Advisor systems or robots should at least have a basic knowledge on how this system works. Strategy Overview: This program is a scalper that looks to lock in many smaller profits.  You will hear more about this in the Backtesting section but Wall Street Forex  Robot is profitable in roughly three out of four trades that it makes.  Wall Street Forex Robot opens...

Ranges Stay Tight 0

Ranges Stay Tight

The FX markets (majors) remain in tight ranges. We started off the week searching out trend, but we really didn’t expect much to come off a Monday. As we prepare for the second day of the week, we realize that this long summer is nearing its close, and that the markets will have to find direction before long.

Week Comes to Slow End 0

Week Comes to Slow End

Traders, we’ve been watching these levels hold on these very strange ranges. EURUSD is in a 500 pip range in what has to be the most fundamentally volatile month since 2008. We’re still trying to gauge market direction, and for that reason we’ve been very cautious. Trading Forex is not just about breakouts and fibs, it has plenty to do with understanding the overall market conditions, and these conditions suggest a storm is brewing. Below is the write up we offered in Premium. You’ll see (if you look at a live chart) that the markets behaved at that 8860 level....

USDCAD Continues to Run 0

USDCAD Continues to Run

Traders, we headed into London with the understanding that this tight range in the EURUSD has to break, and that trading Forex in these conditions is essentially a challenge due to one simple fact: this range is going to break, and when it does, it may be violent. Here’s that Premium post: Reasons for Consideration: With the EURUSD stuck in this triangle, we simply play the markets tight and watch this narrowing range. It’s all we can do. Our USDCAD trail remains, but it doesn’t look too healthy. Reasons for Concern: Breakouts of these narrowing ranges can be snappy. Many...