Posts Tagged ‘Currency Pairs’


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Newest Forex Robot- The No Loss Robot

Wednesday, October 6th, 2010

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I would like to tell you about the new superb No Loss Robot that was recently released to the world as the latest and most complicated foreign exchange trading robot.

Well the beauty of the No Loss Robot is that it’s been developed and optimized to trade ANY currency pair! Not to mention, spot trading gold, silver, commodities, or any other’symbol’ for that matter.

Click HERE to read more and get the No Loss Robot now!

By trading many different’symbols’ you are never tied up, meaning even if you’ve got a few open trades taking a bit to shut out in profit, you are still making money with the others, as apposed to most robots out there only capable of trading one or at best some currency pairs. So not only do we have the ability to choose from any’symbol’, but we are also spreading our trading risk over many currencies!

Moving along… The power of the No Loss Robot lies in its capability to scan all 8 time frames in a nanosecond starting from the highest time frame, we as humans could never investigate all time frames for even one currency pair to identify the best trading opportunities without some grueling effort and time spent, not to mention for 10 or more currency pairs with consistent monitoring so that an opportunity isn’t lost!

To further explain the explanation for finding counter trends is by observing another two sayings that you will have heard about, which state,’a rising tide will lift all boats’ and’the trend is your friend’.

Remember, the No Loss Robot does it all for you with such surprising accuracy, that it is a pleasure to watch it in action No more guess work – this EA pin points the precise entry points based totally on this plan among others as to when to get out and in of the market!

What invariable occurs is they buy high and sell low. Since we can research everything that is happening straight away, our robot gets in before the majority of the market partakers, meaning we are first to buy low and sell high!

The main advantage of using multiple time frames is that you can see patterns develop sooner. The same logic follows for other chart formations. Similarly patterns,eg support and resistance, are the same inside each time frame. When a support line appears at about the same level in hourly, daily, and weekly charts, it gains more importance. Well again, one main feature of this No Loss Robot is its intelli-switch, which decides the settings to employ to optimally trade different market conditions. Using particular, complicated algorithms to spot these changes in the market, it applies the acceptable strategies to draw maximum profits!

Body relationship to judge the changing in market sentiment or change in volatility ; the higher the wick and shorter the body the more probable to see a change in direction of the market.

lastly, one of the greatest things about this robot is that unlike most androids, if not all off them, all the settings are absolutely adjustable…

you would like bigger or smaller take profits? Yup, just input the new pip amounts into the T/P sections… You need it to Hedge trades for more profits? Go for your life… Wish to’Up the Ante’ a little? Sure thing, adjust your money management settings and away you go!

any one can use this No Loss Robot to modify their fiscal future for the better. So what are you waiting for? Download the No Loss Robot now before the price goes up!

Does the No Loss Robot Work?



By: Mrs Forex

About the Author:

Dana is the author and owner of dozens of research sites. She spends much of her time researching products and posting results for all the viewers.



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Forex Day Trading Options

Wednesday, August 18th, 2010


The economy is improving steadily as evidenced by the performance of the stock market over the last several weeks.If your regular trading is not giving you the kind of return you want maybe you have heard about foreign exchange trading which is more commonly known as “forex”.There are a number of automated forex trading systems available on the internet for either direct purchase or subscription basis.The issue with foreign exchange trading is that you really have to understand the trends and patterns that different currency pairs take depending on the economic news and situations that develop daily.

If you pull the trigger to quickly on a buy or sell pick you may leave money on the table or may get out before you really need to liquidate your position.Some forex systems want you to start with a significant investment but I have found some that you can get started with as little as $50.One system I recently reviewed called FXCM (Forex Capital Markets) has a $2000 minimum investment but recommends you use at least $10,000 to get started.They even offer a free demo trial but their system is $199 to download.They even make you read their disclaimers about how risky forex trading can be so that they do not have to offer a money back guarantee.It is a one time fee though with no monthly subscription after the fact.This is a do it yourself system that will give you a variety of charts and graphs for you to figure out when to make your own buy and sell trades in either day trading, scalping the market or longer term strategies to make money on foreign exchange.

If you want to get into forex trading to start and minimize your risk you really want to use someone else’s money to trade.One forex robot called FXNitro shows that its system averages a monthly profit of 0ver 1000%, that their system gives you an average of 371 wins before a loss occurs that it has a 99.5% accuracy rate on its buy and sell triggers and that its drawdown is less than 1%.On top of all this they offer a sixty day money back guarantee.In their advertisement they also state that on all short positions recommended they won 100% of the time and on long positions they won 99.6%.

The best forex robots use active profit seeking algorithms.They also use market driven conditions so that you do not have to wait for an up market.With the FXNitro robot you will get accurate trade suggestions that occur whether the market is up or down.Over the last eight months FXNitro has been right on ALL of its trades.The system is not spread dependent which keeps brokerage firms from taking your profits.It has its own trade filtering system so that in the case of a false market symbol you will not get a bogus buy or sell signal that will lose money.

By: Mark Alison

About the Author:
Click here to learn about Forex Day Trading Systems and how you can practice Using Forex Day Trading Systems “demo accounts” without having to risk any money.



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Online Trading Forex- Which Of These 3 Mistakes Do You Make?

Wednesday, July 21st, 2010


Professional traders are full of tips and guidelines that can greatly increase profitability during your online trading Forex sessions.

Here are 3 advice notes I’ve picked up which greatly reduce the number of my losing trades and increase the number and size of profitable trades:

Mistake #1

Setting the stop at round numbers.

Solution: When setting your stop, avoid numbers that end in zero.

This is not due to superstition! It’s just that round numbers, especially with certain currency pairs like EUR/USD and GBP/USD, represent key psychological levels in the minds of traders and institutions.

Price will often pull back to a number that ends in zero and go no further. If your stop is set at that level you run the risk of getting stopped out of your trade only to see price resume the direction you had anticipated anyway. How frustrating!

So always make sure your stop is set at a number other than one that ends in a zero, and reduce the number of times you get taken out.

Mistake #2

Setting stops according to a pre-determined amount.

Solution: Calculate your stop according to strategic levels, not an arbitrary amount.

Many traders set stops somewhere between 20-30 pips as that is about as much as their equity will allow.

Some new traders tend to do simple arithmetic to establish their stop level: entry price plus/minus 25 pips.

However, it makes much more sense to look at a previous support/resistance level, trendline, or yesterday’s high or low, and see if a 20-30 pip stop puts you near one of those levels.

If it does, then calculate more precisely. It makes no sense to set a 20 pip stop if a major support/resistance line is 25 pips away from your entry level. Price is likely to go right back to that level to test it, and stop out your trade, before bouncing.

Keep your eyes open for such key levels and set well-thought out stops which help you avoid getting taken out unnecessarily on trades where your appraisal of price direction was right all along.

Mistake #3

Setting target limits right on key levels.

Solution: Trim your target by 2 or 3 pips.

Equally frustrating is to see price ALMOST reach your target, fall short by just 2 or 3 pips, and then within seconds retrace by 10 to 15 pips.

One moment you see a nice profit of 25 pips on your trading platform, the next moment it is showing 15. Now you are left in a quandary. Anxiety sets in as you wonder whether price will go back to retest the previous level. Do you stay in and hope or just take the 10 or 15 pips left on the table?

How much better to just trim 2 or 3 pips off your target. Price then has a much higher chance of getting there.

What a nice feeling to see price spike to your target limit, take out your trade with a 20-30 pip profit, and then pull back. No anxiety, no recriminations, no “if only I had . . .” scenarios.

Noting these 3 mistakes and their solutions will make your online trading Forex sessions much less exhausting mentally, and much more profitable.

By: Michael A Jones

About the Author:
Learn how the MACD indicator can help you avoid much anxiety:

http://www.vitalstop.com/Forex/Advisor/forex-strategy-MACD-save-anxiety.htm

Do you know the important lesson Mohammed Ali teaches us about Forex trading? Read it here:

http://www.vitalstop.com/Forex/Advisor/forex-online-trading-mohammed-ali.htm

For the best free economic calendars plus a free pivot point calculator and Fibonacci calculator click here:

http://www.vitalstop.com/Forex/tools.html



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Getting the Services of Currency Trading Brokers

Sunday, May 2nd, 2010


Whether you are a newbie or a proven expert in forex, you will still find that currency trading brokers can offer you lots of possible advantage to make it big in the said business. There are many benefits that forex brokers can give you and some of these are the following:

1. A wide variety of currency pairs – Forex brokers have more networks within the business than you probably do. In line with this, they also have a more comprehensive list of the possible currency pairs that you can use to your advantage. Brokers can offer you profits by giving you leads on the cheapest buys which can eventually generate big currency values as they appreciate in time.

2. Efficient forex software – One of the reasons why currency trading brokers can immediately scan the business is because they use the most up to date trading software. This way, they can effectively keep track of forex trends and produce accurate forex charts that can plot and plan how you will move about in the business. They will also recommend to you the forex software that would most likely fit your needs.

3. Fast placement of orders – One of the most critical things in forex trading is executing orders. As values fluctuate, you must immediately close a sell as soon as a window of opportunity opens. Doing everything on your own can be a bit too overwhelming but with the help of a forex broker, you can at least make sure that you cover all opportunities. Forex brokers are equipped with an impressive sense of forecasting so they can immediately close orders that they evaluate to be high yielding.

However, not all currency trading brokers you may come across with, have the ability to do these things. These days there are also so many forex brokers in the market because people playing in the said business know how profitable that position can be. So to make sure you get the best forex broker to help you out in your business, here are some important points you should take note of.

1. Technical Credentials – It would be best if you can get the resume of the forex broker and use it for evaluation. Through their resume, you can see if the brokers you come across with are equipped with the experiential and theoretical knowledge to guide you through the business market. One of the most important parts of the resume that you should take note of is the acquisition of professional licenses.

2. Spread and Currency Pairs – These are the core expertise that you will need to have from forex brokers. Evaluate if the price offered by the broker corresponds with the expanse of his currency pairs and the spread he can offer your business. You should take note of tight spreads as these prove to have more stability.

3. Customer and Technical Support – Good currency trading brokers are those whom you can easily call up if you need help with the business. They should be able to attend to your queries at the soonest time to prevent jeopardizing great business opportunities.



By: Cedric Welsch

About the Author:

Finally, here’s a website to give you an unfair advantage over other traders and always keep you on top of the forex market: Online Forex News Trading.

Also, learn the honest facts and truth about different forex brokers from the best online forex review scam website today.



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Breakthrough Discovery In Forex Trading

Sunday, February 7th, 2010


If you have been trading long enough, I believe you will be very familiar with the technical indicators, ie Bollingerband, MACD, Williams, Commodity Channel, Relative Strength Index, Parabolic etc.

But have you been making money using those indicators? Sometimes I guess. Have you wondered why sometimes it works and why sometimes it does not work?

I had heard of extreme comments from other traders, ie indicators do not work, dont waste your time using indicators, etc. Possibly those traders have been losing a lot of money using indicators in their trading.

In the past 1-2 years I have heard of trading courses started to teach trading without using any indicators. So this means even the trading educators who have been trading for years do not believe in indicators.

Since indicators have been an important tool in trading, in Tactical Trading Academy, we have done extensive research into this area. Our conclusion is that different products (currency pairs) have different behaviours. So you must use specific indicators for specific products. From this research we have discovered BL TS System.

In our website under Our Trading Secret, we mentioned that we have evidences to show that using a fixed indicator will not be profitable strategy in the medium term.

Let us use USDJPY as an example. Click here. The graph inside the link will show you what is your equity value if you have been using those indicators to trade USDJPY for the past 6 months.

The graphs show that if you have been using MACD and Parabolic to trade, you will do well. We perform our quantitative test and send out the results to our subscribers on a weekly basis. So our subscribers will know specifically which indicators to use for which currency pairs.

So what are the signals from MACD and Parabolic for USDJPY telling us now? Both have signal sell. As a matter of fact, yesterday we had already sent out emails informing our subscribers that USDJPY presents a selling opportunity when it was trading at 96.06. At the time of writing USDJPY is trading at 95.60, this trade is sitting on 46 pips profit.

We believe this research discovery is a breakthrough in the trading industry and few traders are aware of this.

If you are interested to subscribe to our service, send an email to us at metal.commodity@tradingeducationprogram.org.

Upon subscription, you will receive the followings:

1. Weekly updates on the proven indicators

2. One-to-one coaching on trading

3. Live emails reminders when trading opportunities occur

4. Ebook on our BL TS system



By: brend

About the Author:

Brendan used to work as an investment manager in a hedge fund whereby his job was to generate revenue for the firm using forex trading. Now Brendan specializes in teaching real people how to trade the Forex market for long term financial success. He is a full time currency trader, educator and success coach to many forex traders. Brendan is the founder and CEO of TradingEducationProgram.org, a forex powerhouse online portal that provides premium forex trading tips and resources. It strives to empower people worldwide to improve their forex trading skills and help them path their way to financial freedom. Brendans forte is in forex trading, forex market analysis, technical analysis and creating simple, yet powerful forex trading systems. He believes that forex trading is a MUST for long term financial success because stock investment is no longer an answer to enhance your wealth management. He believes we will face a long term recession which will depress the stock market for a long long time. Brendan had graduated with Bachelor of Business (Economics and Finance).



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