Monday, March 16, 2009

Forex Autopilot Review - The Automated Trading Robot In Forex Trading?


Need a review of the Forex Autopilot software? Having tested this trading robot for a few weeks now, I believe that more and more people will be using robots to automate their currency trading in the near future. So, was this trading robot profitable for me?

1. Benefits Of Using A Trading Robot

If you have tried trading the currency market before, I am sure that you will agree that the worst part of it is to have to spend time in front of the computer screen waiting for your opportunity to buy, and you may not even get the opportunity sometimes! Forex Autopilot has freed me from being stuck with my computer all day, while automatically buying and selling for me when the right opportunity arises.

2. How Does Forex Autopilot Work?

It is programmed by an expert trader to generate its own buy and sell signals. This means that not only is the whole process automatic, you will never miss another profit opportunity again. This means that Forex Autopilot can do 24 hour market observation on your behalf, as long as you leave the software up and running.

3. Never Be Influenced By Your Emotions When Trading Again

The thing I love most about this system is that I never have to deal with my intuitions and emotions when trading again. When particular conditions are met, the robot will buy and sell quickly, and it will not be influenced by any other factors. I know I have personally made huge losses when I do not sell, even though I have met my stop loss goals.

4. Conclusion

It is worth noting that not all Forex robots can help you make money. Different robots are programmed with different trading strategies, and therefore their results will vary. This is one robot that has given me good profits for a few weeks now, and I would recommend it to traders who wish to automate their trading process.

to learn how this software works, and CLICK HERE to Download your copy of Forex Autopilot!

Forex Maestro Review


Is the Forex Maestro another useless currency trading automated robot, or does this one really work? After testing so many Forex trading software (more than 100 total number of Forex robots in my hard disk), I have come to the conclusion that most of them do not work at all. There were some manual systems that do work to generate some profits, but the time required to implement them was not worth it.

1. How I Began Testing the Forex Maestro Software

Due to all the bad experiences that I have had with currency trading robots, I decided not to risk any real money but to use a demo account instead to test Forex Maestro. After installing and running the robot, it did not start making any trades within the first 3 hours and this had discouraged me slightly. However, it started trading actively after the 3rd hour and closed out more than 90% of all positions in profit.

2. What Are The Risks of Using Forex Maestro System?

Even though Forex trading can be profitable, losses are inevitable and I am sure that Forex Maestro will not get it right all the time as well. Never invest with money that you cannot afford to lose.

Another risk with using robots, or currency trading in general, is that any technical faults like loss of internet connection will cause the robot to stop trading. All your open positions will not be closed automatically and may reverse against you. This is a very small risk that can be eliminated by a stable internet connection.

3. Are Forex Automated Robots Backtest Results Really Reliable?

I would recommend all users to test out new robots with demo accounts first before using them live, regardless of how impressive their back test results appear to be. From my experience, a trading robot can perform very differently in a live trading environment compared to its back test performance. This is because there are other factors affecting live trading like the liquidity of markets at different trading hours.

LEARN MORE ABOUT FOREX MAESTRO



Forex Ambush 2.0 Review - Taking a Closer Look at How Forex Ambush 2.0 Works


First let us take a look at the Forex Ambush 2.0 claims:

The owners of the technology claim the system is 100% accurate. My first reaction when I visited the Forex Ambush 2.0 website was to disregard such claim as an over-hyped sales pitch. However, after a closer look, I got to see the live trading statements they make available to the public as the trades take place.

Seeing the results displayed in those statements really started shifting my view of Forex Ambush 2.0, however, I kept scrolling down to read everything the site said about the the system, and I was impressed to see a huge number of unmoderated reviews right at the bottom of the home page. I knew they were unmoderated because I wrote a simple comment myself to see if it would appear instantly.

At this point I was not 100% convinced, but certainly these two factors were a compelling reason to give a shot to the system.

What comes in the box?

* You will gain permanent access to a daily trading signals service, which will provide you with specific instructions about the currency pairs you should trade, when should you do it and what parameters should you include as part of each trade order.

* You will receive an EA which is intended to work only as a means of enabling you to set the 5 pip trailing stop you will instructed for each trade (5 pips trailing stops are usually not allowed by most brokers, as most will require at least a 15 pips trailing stop). This EA must be installed in your Metatrader4 trading platform.

Forex Ambush 2.0 Support:

I really had to use Forex Ambush 2.0 support just once, and I received a reply within an hour of having submitted my inquiry. I would presume that they have a team of several people taking care of costumer inquiries, as they are highly responsive.

Forex Ambush 2.0 Guarantees:

The system is backed by a 60 days money back guarantee, which is really standard for most of the products processed through Clickbank, so in case the service does not meet your expectations you will not have a problem getting your money back.

Forex Ambush 2.0 dynamics:

The internal logic behind Forex Ambush 2.0 is obviously proprietary, and although I have dedicated a great deal of time researching how the software that generates the signals works, I have not been able to find technical insights regarding this issue.

However, let us have a look at I have been able to observe by using the system:

* Forex Ambush 2.0 trades all the major currency pairs, which is really a unique feature about this system.

* The signals are usually provided with a 5 pips trailing stop and 20 pips take profits parameters. It is important to have the EA installed in order to enable your trades to be opened with the recommended 5 pip trailing stop.

* Most of the time the trade signals will come by the end of the Asian session going into the London session, with many trades taking place within the US and London session overlap.

* All the trades have to be placed manually, and you must strictly follow the trading rules provided by Forex Ambush 2.0 (this is very important).

For example, if the suggested buy/sell price is below/above the recommended 5 pip trailing stop, and the 20 pip take profit hasn't been reached yet, you should go on with the trade, but if that is not the case you should hold back and wait for another signal. This and other rules are included as part of the service.

Forex Ambush 2.0 Performance

The Forex Ambush 2.0 creators claim their signals are 100% accurate, and believe it or not, after one month using this service I have yet to see my first losing trade. I presume that a bad trade will take place at some point, but until then I have to say their claims do coincide with reality, and all of the other users who have left their reviews at the Forex Ambush 2.0 website seem to be having the same experience.

Therefore, if you are looking for a safe and reliable forex trading system, and you do not mind -or even prefer- placing the trade orders manually, this seems to be the best alternative.

I recommend you to read more about the FOREX AMBUSH 2.0
Article Source: http://EzineArticles.com/?expert=Alex_Cadens

FAP Turbo Review


FAP Turbo Review - Is it Really the Best Forex Software?

Out of the many forex trading robots in the market, FAP Turbo is the latest and probably the best one. This program was created by 3 IT students named Mike, Ulriche and Steve and is designed to work with the Metatrader 4 platform, which is a very friendly trading platform. Fap Turbo is much more than an expert advisor. It can automatically conduct all the trades on your behalf, without any human intervention.

Some of the advantages of the FAP Turbo robot:

  1. They offer the option of having the software virtually hosted for you, so there is no need for you to have your computer turned on all the time.
  2. They show live trading results on real money, not just back testing results like all the other forex robots out there.
  3. It works completely on autopilot and does all the trading for you. It can manage stop loss and its parameters can be set in such a way so as to maximize profits.
  4. You can easily set up the system with the help of the step-by-step video tutorials.
  5. It takes away all the opportunities for human error.
  6. It has a winning rate of 95% in the past 9 years and an extremely low drawdown (only 0.35%)!
  7. This software can work for you even if you have no technical knowledge or prior experience.
  8. You can start trading with as little as $50.

To maximize profits FAP Turbo uses a combination of 2 strategies: the short term scalping strategy and the long term advanced FAP strategy. In case you are skeptical about this system, you can simply download it and test it on a demo account. This way you can get a proof that it really works, before risking any real money and get a full refund if you are not satisfied by its performance.