Archive for category Uncategorized
Forex BulletProof And The Pips Dominator Robots
Posted by admin in Uncategorized on September 4th, 2010
Try the Pips Dominator that made $500,000 on average each year for 5 years RISK FREE for 60 days. Discover a Forex Robot that made 2,300% NET PROFIT in 2009 and download the Forex Auto Detector Software FREE that can increase the profitability of any forex robot by 53% and more. Get a glimpse of Forex Bulletproof 4,000 lines of code. We hope have read about Forex BulletProof… one of the most promising EAs on the market (and yes, the FapTurbo team is behind it!) Anyway… today we’ve got something great for you – something that hasn’t been done before! The FBP team’s revealing key code lines that have been programed into the robot… they’re exposing stuff NO-one ever dares to.
Also…You’ll be able to see the FBP team and how hard they’ve worked. By the way, one of the development team members managed to make over 10,000% net profit with the robot during the programing and testing phase! Remember, too, that you’ll still be eligible for a N0-Cost copy of the robot:
The Pips Dominator team are unleashing their deadly new trading software on the market RIGHT NOW! If you’re new to Forex trading, this software is exactly the tool you need. You could be trading with the professional’s in a matter of minutes and making consistent profits in no time…the best part is that it’s so easy to set up and use that a child could do it…If you’ve been around in Forex for a while with limited or no success– you’re finally in luck. Pips Dominator is flagship software different from anything available on the market to date.
The golden rules of Forex Trading have been hardcoded into this flagship software, allowing the user to diversify and minimise risk– the end result is a portfolio of unique software optimised for the special market conditions of 2010/11. Pips Dominator simply put, is the key to Forex success. Let me tell you why:
- It hunts down the best trades
- It kills emotion
- It finds potential wins very regularly on a daily basis
Designed by professional Forex traders and advanced programmers, this software is based on complex maths and statistics…and its profit potential exceeds that of any human…. All you need to do now is to grab your copy at the special launch price, before it sells out. This will only be available for a few days. Membership will fill up fast, so don’t wait.
If you have not grabbed your copy of the incredible Pip Dominator then you are about to make a big mistake! If you have not heard about Pip Dominator and its top secret methods it uses to bypass the broker’s shady tactics that stop us from truly making huge automated profits, then you must see this…Well now they only have 68 copies remaining and they are shifting at an alarming rate… Check out why These methods can never be detected by Forex brokers here.
This isn’t a simple case of using stealth mode like most other below par software attempts to do… This is more complex and includes creating specialist algorithms that can bypass the security systems that brokers have in place to stop us from making crazy amounts of money via Forex trading. If you like the idea of earning an easy 6 figures a year from Forex, then make sure you listen to what these guys have to say as they teache us how to look through the Forex brokers, and shows us the dirty tricks that the brokers are up to. No matter how hard the brokers try, we will always beat “the house” when we use these methods…
This is the best opportunity you will get to crack Forex this year, and the best part is they actually promises to support you 100% as you embark on your money making adventure. But you have to remember that they only have 68 copies remaining and they are sure to all be gone by the end of today, so its important you act now…Mark has successfully studied many Forex millionaires and managed to work out why these guys are so successful, while the majority of traders fail…
Then he was able to automate the exact same trading style they use, to create a unique software that anyone who has a vested interest in making money online can use to reap in cash from the Forex market. This is probably your last chance to get hold of this…In fact by the you have read this email Mark may have sold out and already closed his site down.
Sublime Forex Champions Perpetual Profits Software And The LotSize Optimization Software FREE Giveaway
Posted by admin in Uncategorized on September 4th, 2010
Learn this powerful Fibonacci Retracement method FREE that pulls 500+ pips per trade. Get these Forex Scalping Cheatsheets FREE. Download these Sublime Forex Champions Perpetual Profits Software And The LotSize Optimization Software FREE. Dean Gallagher: I’m sitting here writing to you on my LUNCH BREAK in the middle of teaching a live training program in San Francisco to highly-successful bank traders. I honestly must be crazy, but this is important…I wanted to take a minute and tell you that we’ve got literally hundreds of people registering for the Red Phoenix program – and it’s filling up fast.
If you’re at the point in your life where you KNOW that you need to take your trading and your success to the NEXT LEVEL, then I want to really, REALLY encourage you to try the Red Phoenix System…You’re going to get our ultra profitable proprietary trading system — which’s taken us over 6 years to develop, tweak, and optimize… that could skyrocket your trading account in literally just HOURS after being put in action.
And the system comes with a simple guarantee that essentially lets you TRY the entire program without ANY risk. You can try out the entire program, and if it doesn’t make you profits trading, you don’t have to pay. Just a quick and urgent update. The Red Phoenix is now 95% Sold Out and the *raving* reviews have started! PLUS…98% of our special fast mover bonus, the Advanced Perpetual Profits Software has been claimed Remember, once we hit our quota we WILL raise the price, and by the looks of it, is going to happen soon. Our BIGGEST surprise is yet to come. But, to make sure you don’t miss it, you should get started right away.
We always care about our customer’s success, so we try to give them the best trading resources that we can. We have made our LotSize Optimization Software up for free download yesterday and we also decided to include our Advanced Perpetual Profits software at a surprise bonus. So, if you haven’t gotten Red Phoenix System yet, here is a good time to do so…Not only you get our Advanced Perpetual Profits software, you aslo get our free top-notch training videos about P+3X money management formula and right psychology in trading.
Keep in mind the only other people to ever see this incredible resources are our private clients, who paid tens thousands of dollars for coaching seminars I believe the Advanced Perpetual Profits Software and the two training videos alone are worth more than the asking price for Red Phoenix System …but it’s yours, free – just for checking it out.
So… Is Red Phoenix System For You? Listen, I’m obviously biased but I firmly believe this is the BEST possible trading system you can get for your trading career. You can bank on it. Go here and invest in Red Phoenix System today. You’ll be glad you did. I guarantee it. Our Red Phoenix system copies are flying off the shelf so fast that we are afraid that it will be sold out by this weekend.
Which CFD Broker Is Best
Posted by admin in Uncategorized on September 4th, 2010
I have been buying and selling CFDs in Australia since they were first launched in 2003. Over this period I have traded with all of the major CFD brokers in Australia first hand. When speaking to groups of traders at trading expos and seminars all-around Australia I often get asked who is the best CFD provider? I wrote this review to help answer this million dollar question.
This review covers all the main CFD providers in Australia that I have dealt with first hand, whilst writing this review I took into consideration 4 main points which as an expert trader I believe are the crucial requirements to consider when choosing a CFD provider, they are:
1. Customer Service
2. Platform stability and ease of use
3. Product range
4. Pricing
It is very important to note that there are CFD provider reviews conducted by a number of internet sites and magazines in Australia a lot of which are biased with the winners frequently being chosen by journalists not traders and determined by the amount of cash spent on advertising in the magazine or on the website that carried out the review. Only genuine traders with real life experiences are able to conduct a fair an unbiased review.
The major players in the CFD industry in Australia are:
· IG Markets
· CMC Markets
· International Capital Markets (IC Markets)
· MF Global
I didn’t conduct a review of Etrade or Comsec as these organizations are purely resellers of MF Global’s CFD offering.
In this review I discuss my real life experiences with each of the companies mentioned above whilst considering the 4 critical elements that I consider as important when choosing a CFD provider.
IG Markets
Customer Service: I have had an account with IG Markets for the last three years I use this account as my backup account. Over this time I have found that their customer service has declined drastically, in-fact at on one occasion I was unable to reach a dealer as they were all busy. On the whole I consider their customer support to be poor and would not recommend them.
Platform stability and ease of use: I use both their Pure Deal and L2 trading platforms and have had problems with both. Recently I experienced the problem of being unable to look at my positions and free equity preventing me from trading all morning. I wouldn’t regard either of their platforms as suitable for a professional trader.
Product range: IG Markets has a fantastic product range, this is unquestionably one of their strong points. One thing I would say is that if you are looking to trade CFDs on exotic futures contracts and foreign exchange pairs IG Markets is certainly not the CFD provider for you as they tend to stick to a fairly mainstream offering.
Pricing: On Australian share CFDs IG Markets has competitive pricing, their minimum commission on share CFDs is low and their spreads are tight on the main currency pairs, however if you’re an active trader and are looking for volume discounts don’t bother trying to negotiate with IG Markets their commission schedule is fixed.
CMC Markets
Customer Service: Out of every one of the CFD providers that I have ever traded with I have found CMC Markets to have the worst customer support, with CMC Markets your problems start from the moment you call them up for support and choose a number from 1 to 10 just to talk to someone. I’ve also found their support staff to have only a basic understanding of their platform. General queries and problems continually need to be escalated to more senior staff, not the sort of support a professional trader demands.
Platform stability and ease of use: In recent times the stability of their trading platform Market Maker has improved drastically, though the trading platform still lacks functionality such as course of sales for share CFDs, something a professional trader demands.
Product range: CMC’s product range is broad and not dissimilar to that of IG Markets however it is worth noting that CMC provides an exceptional variety of CFDs over exotic futures contracts and currency pairs, exactly what is missing from IG Markets product offering.
Pricing: Like IG Markets CMC markets provides good entry level pricing but lacks the pricing flexibility required when it comes coping with high volume traders.
International Capital Markets (IC Markets)
Customer Service: I had not heard about these guys until about one year ago. After calling them up and chatting with one of their sales staff I thought I’d give them ago. My experience up to now has been second to none. Their customer support is top notch. In spite of the size of my account I have my own dedicated account manager that knows the market and what I need, this is incredibly different to the call centre operations of IG and CMC Markets.
Platform stability and ease of use: They offer a number of trading platforms to cater for a varied range of customers. They have a platform for learners, intermediate and advanced traders. As I’m an experienced trader I chose their advanced trading platform Pro Deal which offers all the functionally an experienced trader needs. Though I can’t speak for all of their platforms their advanced platform continues to be trouble free and I’d definitely recommend it to anyone.
Product range: All of the products absent from the two major providers like futures, DMA functionality and exotic currency pairs are offered by these guys. Whilst writing this review I could not think of a product that these guys couldn’t offer.
Pricing: Like most of the CFD providers reviewed these guys offer excellent entry level pricing, however the difference with these guys is that they also have a flexible pricing structure for frequent traders. As I’m an active day trader they were prepared to drop their minimum charge and offer me a commission rate of 0.04% on DMA CFDs, the best rate offered to me by the other providers was 0.08%, they are 50% more affordable!
MF Global
Customer Service: At first I thought that these guys would take the cake on the customer support front, however regrettably their high level of service didn’t last for more than one week after funding my account, this was quite surprising and not something that I would have expected. Once I was up and trading these guys didn’t want to know me, this type of customer service leads me to rate them as the worst of the lot.
Platform stability and ease of use: These guys offer one trading platform for CFDs, webIRESS. Although webIRESS is a superb trading platform they don’t offer anything else, in comparison with IC Markets who offer webIRESS as well as many other platforms. Their offering is basic and not what a professional trader demands.
Product range: MF Global can offer you all the futures contracts you could ever ever think of however when it comes to forex, CFD and share trading they cannot compete with the likes of IC Markets. If it’s only futures you want than these are the guys to speak to, but for CFDs you should give them a miss.
Pricing: The entry level pricing for CFD trading at MF Global is pricey, they do however offer packages for frequent traders with discounts down to 0.08%, this is still a far cry from the 0.04% offered by IC Markets. Even though the CFD commission rates are pricey I’m sure that if you were only trading futures you could get some great pricing from MF Global
Conclusion
As a professional trader I am quite demanding in what I expect from my CFD provider, I am sure that this is not the norm for most traders. There was really just one CFD provider from those reviewed that was able to give me what a professional trader would demand, the rest of the CFD providers have great offerings that might suit an typical trader but when pushed to their limits might falter, this is something a professional trader can’t afford to have occur when money is on the line. Besides my number one choice IC Markets I would chose IG Markets as my backup, despite their shortfalls they do have pretty good platform and a broad product range. There’s however a huge difference in customer support and pricing of IG Markets offering in comparison to my number one choice, IC Markets.
Cannex Canstar: Who Is The Best CFD Broker?
Posted by admin in Uncategorized on September 4th, 2010
With the rise in popularity of share trading by Australian investors, it isn’t surprising that more sophisticated trading platforms and products are being actively used by knowledgeable investors searching for additional buying and selling opportunities. Contracts for differences, or CFDs, are a increasing in popularity in the Australian market. CFDs are derivative products whose main attraction is the high amount of leverage they offer. Those with a good knowledge of financial markets are attracted to CFDs, because of their ease of use and simplicity. Often CFD traders are retail clients, institutional investors, hedge funds, day traders or the more savvy investors. CFDs, however, are not for the inexperienced trader or investor.
With astute traders conscious of costs and their impact on bottom-line profits, the question arises as to which CFD provider offers better value. Yearly Cannex Canstar analyses products from CFD providers in Australia to compile its detailed analysis on CFD trading. CFD providers are assessed based on part-time traders and full-time traders utilizing the Market Maker and Direct Market Access trading models. Cannex Canstar does not include newbie investors in their comparison, as they don’t consider this product is appropriate for this sort of investor.
When assessing the CFD providers in Australia, consideration is given based on their pricing for Australian share CFDs, this consists of brokerage and interest charges. Cannex Canstar also takes into account the features and flexibility of using their services, risk management tools, as well as their margin requirements. The Cannex Canstar methodology comprises of 200 pieces of data, making the scope of their CFD trading star ratings way more than most traders could hope to compare by themselves. Their assessment is dependent on CFD trading of ASX share CFDs. Cannex Canstar also offers bonus points for providing investors with access to indices and added markets.
The Cannex Canstar rating considers the trading platform and services offered by CFD providers, incorporating order fulfillment, charting capabilities, client support, education, account management, information, range of tradeable securities, brokerage, interest costs, etc. It is not a ranking of estimated returns from use of these services and by no means implies that an investor should have an expectation of positive returns. CFD trading is mostly a self-managed activity and return of profits or losses depends upon the individual investor’s judgments and behavior.
Previous winners of the Cannex Canstar awards which are broken down into two categories being Direct Market Access (DMA) and Market Maker have been First Prudential Markets and IG Markets for their Direct Market Access (DMA) package and GFT and IG Markets for their Market Maker CFD product. The latest nominee in the CFD market, International Capital Markets (IC Markets) is poised to take out the Cannex Canstar CFD awards this year with its discount Direct Market Access CFD package for full-time traders on the webiress trading platform.
FREE Lot Calculation Indicator And The Red Phoenix System By Sublime Forex Champions
Posted by admin in Uncategorized on September 3rd, 2010
Master these highly profitable Candlestick Patterns with this FREE 82 page PDF Candlestick Guide. Try the Pips Dominator that has been making $500,000 per year for the last five years RISK FREE for 60 days! Get this Sublime Forex MT4 Multi Indicator Scanner that tells that market direction of any currency pair on 8 different times frames plus the Lot Calculation Indicator FREE. Dean Gallagher: Few days ago we opened up the doors on The Red Phoenix, and the response was stunning. Within a few hours, we had over hundred people sign up for The Red Phoenix. I knew The Red Phoenix was going to be popular, but frankly, I was still shocked by that reaction. So this morning I just wanted to say “THANK YOU” for jumping onboard and for the faith you showed in Thomas, our team and I
My business is Fx Trading, and I love it.
However, I also love teaching people to make a living through forex trading. It brings me HUGE satisfaction when I can help people become independent with their trading. A couple of years ago, I saw that the FX market was the way to do that – the most effective and lowest cost way to build a serious trading business. So after many years of figuring it out through hard-won trial and error, I decided to start teaching what I learned. And I’m still pinching myself that I got Thomas to join in with me -his level of expertise is off the charts.
Bottom line, The Red Phoenix is going to help me HELP a whole lot more traders how to build their trading business. As I mentioned above, that brings me big-time satisfaction. So it ends up being a win-win for everyone. So in any case, I just wanted to thank you for jumping on board The Red Phoenix. It means a lot to me, and I know you’re going to see amazing results. In case you have NOT joined The Red Phoenix yet, there’s still room… though I don’t expect it to last long:
And even better, so many people are so excited about the bonus. If you haven’t read about them, here’s more details: We’ve decided to included our special proprietary Advanced Perpetual Profits Software as a bonus for action takers. This software is a real killer, and only available to our elite members, but we now give you for FREE as a bonus. Just a glimpse of what this amazing software will do for you
-Supports 14 built-in indicators over 8 different times frame with all customizable settings.
-FOUR proprietary Trend Detection Mechanism.
-Works with all styles of trading: Scalping, Day
Trading, Swing Trading…
It gives you everything you need to propel your trading to the next level in next to no time. It’s easily worth $497: So if you want to claim one of those spots with your The Red Phoenix Forex copy, the time to act is now. If you haven’t downloaded our cool, free lot calculation indicator, click the link below to get started…First thing first, we have uploaded a very cool Trading Lot calculating indicator for you to download here:
Forex Bulletproof Did Not Have A Loss In 2,300 Days-Get A Glimpse Of Its 4,000 Line Code
Posted by admin in Uncategorized on September 2nd, 2010
Discover a Forex Robot that made 2,500% NET PROFIT in 2009 and download the Forex Auto Detector Software FREE that can increase the profitability of any forex robot by 53% and more. Get on the waiting list of Forex Bulletproof. First test a Forex Robot on your Forex Demo Account and only then trade live! Hundreds of FX robots on the market… and almost none work! We’d say that it’s more or less “official” that most FX robots don’t make it past the backtest (and many, not even that far!) We’re all tired of seeing inflated promises attached to useless robots but, things are starting to look better (actually MUCH better!) Today I want to introduce to you a dedicated team of EA developers who stepped up to the plate and said “enough!”
These guys have decided to take things into their own hands and finally bring the market what everyone’s searching for… a robot that actually WORKS! Did you know that the average FX robot contains about 400 lines of code? Well… this one has over 4,000! Yes… four thousand! These guys have managed to produce a monster that hasn’t had a loss for over 2,300 days. That’s impressive by any standard.
So far, not much news has leaked through… but the information released today is already causing a huge buzz in the community – a few beta-test copies have been sent to selected people for trialing and it looks breathtaking…By the way… the main creator of the robot (who also happens to be one of the main creators of FapTurbo!) has done something really nice for you…Scroll down that page and see Steve’s life story… I loved it 
So…Stay on top of this one… you won’t regret it! That page also let’s you register for more information and a chance to obtain a copy “on the house”:
I hope you now know about Forex BulletProof… one of the most promising EAs on the market (and yes, the FapTurbo team is behind it!) Anyway… today I’ve got something great for you – something that hasn’t been done before! The FBP team’s revealing key code lines that have been programed into the robot… they’re exposing stuff NO-one ever dares to. Also…You’ll be able to see the FBP team and how hard they’ve worked.
By the way, one of the development team members managed to make over 10,000% net profit with the robot during the programing and testing phase! Remember, too, that you’ll still be eligible for a N0-Cost copy of the robot…Frankly, I’ve never seen anyone talk so openly about the development of an EA or expose so much of it publicly. I’ve got some very interesting news for you on the Forex BulletProof launch.
The Forex BulletProof team gives you a look behind the curtain and shows you the code lines that have been programmed into the EA… okay, not everything and okay, they give it to you so fast that you cannot actually grab the code (take that pirates!) …but still, over 4000 distilled programming lines made up in over 500 hours of work with 5 programmers… it’s pretty darn impressive. You gotta see this for yourself!
You will also meet the team and see images of them and how they worked (one of them managed to make over 10,000% profit it seems during programming??) and get some great insider news! It’s well worth a visit + the competition is still on to get a free copy once the launch is on! Don`t hesitate and have a look… it’s really a “one of a kind” experience since I’ve never seen anyone talk so openly about development before… I’ll definitely be keeping this one in my “crosshairs” and I’ll be sure to let you know if I have further news!
Forex Mastermind Blueprint Review
Posted by admin in Uncategorized on September 2nd, 2010
In the mixture of all of those Foreign exchange products that are hitting the market immediately, there are only a handful that is even worth giving a review about. You don’t have anything however Forex merchandise claiming that they can triple your pips or make each trade a successful one (with no loss) or some robot that can really make the trades for you, whilst you sit back and count money. It’s not that easy and never was intended to be. The fact is that buying and selling foreign alternate (that’s what it’s for the ones that don’t know what “forex” stands for) takes a HIGH level of information and a eager understanding to the current market.
That’s where forex mastermind blueprint comes to play. My notion of this product was “another prime quality module based course that repeats its self over and over again for hours” To my surprise that is the reverse of what this course brings. Now this isn’t a easy e book but a full scale education on Forex. Gulzaar (the creator) does an awesome job explaining Forex in a really SIMPLE approach that even a “beginner” can understand. That was a crucial thing for me because most of those merchandise leap right into the technical facet first.
There is 13 modules (videos) that take you from beginner standing to advance status in a fairly quick quantity of time. This course also does an important job of “preserving it real” Which means there isn’t any fairy story story of moving 1000 pips or creating a ninety nine% profitable system. Gulzaar does an awesome job of making one thing crystal clear.
Is Foreign exchange Mastermind Blueprint another Foreign exchange SCAM?
So there may be another Foreign exchange “course” that has hit the market, promising you you can transfer 500+ pips in 30 sec and go from $1,000 to $100,000 in 15 days. Or so I thought. I truly picked up a duplicate of Forex Mastermind Blueprint and was pleasantly surprised. First this is a purely “video” based product. No ebooks, which is cool with me as a result of I relatively watch the videos and learn that method instead of reading another ebook.
In the first module Gulzaar (the man who made it) explains that this a not a get wealthy quick scheme nor one other “no loss system”. Which I saved in mind throughout the course because I heard too many “experienced merchants” say the identical crap, only to turn out to not be true. However this product is different. There isn’t any wild claims of moving a ridiculous amount of pips or making tens of millions by tomorrow, just a straight ahead means of making a blueprint to your success. There are some modules which are very advance like understanding pivot factors and find out how to research Doji patterns. I learned lots with this course and recommend anyone who’s severe with there buying and selling to get this now.
7 explanation why you can purchase Foreign exchange Mastermind Blueprint:
I used to be expecting this to be crap, most of these Forex products are. However I bought this course a couple of week and half ago, and I just bought through all the content. Here is 7 causes on why you need to invest into this course:
* The Content
The content material is GREAT! No that’s not hype and neither is this. From start to end this course provides great content and leaves nothing out. Way more than a simple ebook.
* The manner on how Gulzaar is explaining every little thing
I’m not an knowledgeable dealer (not let at least), and I have bought other forex merchandise that confuses the hell out of me right from the start. Gulzaar truly talks quite simple and gives a number of samples on what he’s explaining
* The different levels
This isn’t just for newbies and then not increasing to the advance side. This course was meant to cover all facets of Forex. From the simple start up account to managing your mechanical commerce setups, this has it all.
* The lack of “fluff”
Look, if you happen to bought a Foreign exchange ebook or another product then you recognize that most of them are full of “filler” or “fluff”. Meaning just enough to give you the perception of a FULL COMPLETE forex ultrabot product, but really it isn’t. There isn’t a fluff from high to backside on this course. Each module is supplying you with enough data to replenish a pair notebooks.
* The honesty
Unlike other products that talk about making one thousand pips or EXPLODING your account to $10,000 in a single day, Gulzaar really does a fantastic job explaining this straightforward fact. That forex already has a high threat of investing and is not meant to be a “get wealthy quick scheme”
* The “Bonus” and “Hidden” materials
There are about 5 bonus and “hidden” videos. These movies are about 15 min long however they pack a punch. Let me say it like this, I now can have a full grasp on indicators that has allowed me to see some enchancment in my trades. Not rather a lot but some and that also is BIG for me.
* The fee and the money again guarantee
If marketed, I would of payed a $1,000 for all of these modules. I believe they’re worth that much. However you solely have to pay $97. FOR thirteen HARD HITTING MODULES, UNDER $100 BUCKS! It was a no brainer for me and the 60 day money back guarantee was the clincher.
Conclusion:
I like to recommend this to the newbies though. Anyone who has not cracked that three month barrier. All in All I give this 4.5 out 5 easily. You don’t prefer it, then they’ve a 60 day a refund guarantee however I do know you will DEFINITELY choose up lots of knowledge with this course. And for the low price it is a will need to have for Forex traders. Do your self a favor and get this course before Gulzaar realizes what he has done and pulls it off the shelves.
Readers that are looking for more information about the topic of retirement investing, then please make sure to go to the page which was mentioned right in this line.
Shocking Limitations Of Forex Robot Forward Test
Posted by admin in Uncategorized on September 2nd, 2010
Watch this weird 30 minutes Forex Nitty Gritty FREE video just now. Try the Pips Dominator that averaged $500,000 NET PROFIT per year in the last 5 years. Try the NoNameBot RISK FREE for 60 days. If you read my previous article on how to back test a forex robot and what are it’s shocking limitations, I talked about the importance of knowing these limitations when you conduct the back test of a forex robot. Without knowing these limitations, you can be easily lulled into thinking that good back test results mean good live performance of a robot.
In the same manner, most vendors are going to talk about forward testing a forex robot and using the results of a forward test to show that the robot is going to perform very well under live market conditions. Just like a back test, a forward test has got some shocking limitations that are not known to many. So continue reading this article if you want to know these shocking limitations that can make the results of a forward test highly inaccurate.
First what is a forward test? Forward testing is done on a demo account. When you trade on a demo account, the datafeed is real time. So, you can be easily lulled by the vendor into thinking that the results of a forward test are a sufficient proof of the likely performance of a forex robot under live market conditions.
In actual reality, a demo account is not a substitute for a live trading account. Let me explain how. Under live market conditions, every buy or sell order has got to be offset in the market. What this means is that for every buy order, the broker has to find a similar size sell order to offset it. Sometimes, the order size is so small that the broker is forced to join a number of buy or sell orders before they can be offset in the interbank market. This can take time.
This is done by the server on the broker’s end. This introduces slippage as well as broadening of spreads as the order may not get executed immediately and when it does the spread might have widened due to low liquidity. When you trade on a demo account, the server at the broker’s end is not offsetting any orders. Every order is executed immediately whereas under live market conditions that order may not get executed.
So when you do a forward test just keep this in mind that the trade that might get executed may never get executed under the live conditions. What this means is that the only test of a forex robot is it’s live trading performance or forward test results cannot guarantee good live trading results. Even on a good forward test, the forex robot may flop under live market conditions.
Forex Tip Trading – Find Out 5 Forex Trading Tips That Each Trader Should Experience
Posted by admin in Uncategorized on September 2nd, 2010
Do you recognize that there is word name Holy Grail which is very accepted among forex merchants. Holy Grail is the trading technique or method that never loss. Anyhow, it is very difficult to eliminate loss trade in trading Forex. Then again, we can build up our Holy Grail (almost) trading system by exercising 5 forex trading tips that will be described following this.
First, forex trader always open their post with predefined price levels in their head. They basically do not open along with close on impulse, without knowing what are they doing. What i mean is Support and Resistance levels. Make sure you learns tough to spot this two meaningful stages. Typically, methods that being used to recognize these levels are Fibonacci, Pivot Points along with the Exponential Moving Averages.
The following phase after decide the Support and Resistance levels is familiarizing yourself with price action at these levels. Two popular actions are maybe the price is going to break through the level or reverse back from the level. In order to analys this, you need to know the usage of Candlestick plus Chart Patterns.
Third, you need to verify the entry point that you have resolve from those steps above by using other technical indicators such as Stochastics Oscillator, Relative Strength Index and MACD. The use of these indicators to complement the first two steps above will amplify your self-confidence to open your post and trigger the trade. Well, these are lagging type of indicators. Then again, it is the other way around if we are looking at the manifestation of divergence provided by them.
The forth tip is planning yourself with the knowledge of knowing most recent economic news or fundamental announcement that will affects the forex market. The release of this type of news will give effect to certain currency pair that you are trading with. The effects of these news will put off our analytical investigation above from being effective plus significant.
Last but not least, guard your funds or capital by placing stop lost to your post. However, do not set the stop lost too firm since the price need rooms to breath. By time, you will see the proper stop lost level for every pair that you trade with. The uppermost tip of all is only risk 2 to 3 % of your funds in all trade that you make.
Well guys, that is all the 5 important steps in order to build up an almost “Holy Grail” trading approach for your trading purposes. Practices make ideal. So, you need to find out your flawless setup and use the historical data to keep perfecting it. All the best and I and my team at Forex Tips Trading hope you will find your Holy Grail technique very soon.
Do you want to know more? Click here for free information on Forex Tip Trading.
Bloggers who are trying to find more info about forex books, then make sure to go to the page that was mentioned right in this passage.
Oracle Trader News Trading Software That Made Dustin Pass A Millionaire-Download It FREE For A Limited Time!
Posted by admin in Uncategorized on September 1st, 2010
Get this Forex Ultimatum System powerful FX Trend Tracer System FREE just now. Download the Oracle Trader Software FREE. Read these News Trading Cheatsheets by Henry Liu FREE. News trading can be highly profitable if done right. It can make you hundreds of pips in a matter of just a few minutes. Why waste time sitting in front of your computer all day waiting for the right signals when you can make hundreds of pips in just a matter of few minutes each and everyday.
Let me explain! Currency markets always react violently to the release of fundamental news like the NFP report. If the actual report shows wide variations from the expected report, market can move hundreds of pips in just a matter of few minutes. Currency markets are very nervous of news releases especially the fundamental news releases like the Non Farm Payroll Report Release, the Canadian Employment Figures Release, the UK Retail Sales Release and a host of other fundamental news releases. You can get the list of these fundamental news releases online from any good forex website.
Infact, you can get the chance of trading 15-20 news releases each and every month. Not a bad idea to trade these news releases if you can make at least 50-200 pips each time. The problem is this that at the time of the news release the market direction is highly unpredictable. At these times, markets get highly volatile. Brokers widen the spreads. Chances of slippage heighten.
Many traders don’t trade the news at all. Why take too much risk just to make something like 50-200 pips if you can easily lose these much pips when the market moves in the wrong direction. So, many trader stay out of markets around these times.
But there are some maverick traders who have learned the art of trading the news. That includes Dustin Pass and Henry Liu. Both have made a fortune trading the news. Dustin has developed a software that he calls the Oracle Trader. He has used this software over the last four years infact to make millions of dollars trading the NFP Report, the CAD Employment Figures, the UK Retail Sales and so many other fundamental news releases that are scheduled around the month. Infact, this Oracle Trader did not lose even a single trade during the last four years trading these news releases. This is something astounding!
Now, for a limited time, you can download Dustin’s Oracle Trader Software FREE. This software comes with a high speed price feed that can normally cost you something like thousands of dollars in monthly fees. But you can get that FREE with this Oracle Trader Software. You should also download his Canadian Employment Figures Release Special Report FREE that will explain in step by step detail how to trade this lucrative CAD Employment Figures News Release!
You also need to watch the two videso that show how Dustin trades with this Oracle Trader Software the NFP Report Release and the CAD Employment Figures Release. This report and the videos are premium content that you need to go through in detail if you want to master the art of news trading. You should also download Henry Liu’s News Trading Cheatsheet that shows the major news releases like the major US tradable news, major UK tradable news, major Australian tradable news and the major News Zealand tradable news.
After going through these reports, you are all set to trade with the Oracle Trader. News trading can be highly profitable if you can predict the market direction just after the news. Oracle Trader does just that! What it does is it compares the actual market direction with the predicted market direction. Oracle Trader Software get the latest news release data from the fastest price feeds. It then compares that actual news report data with the analyst’s estimates. If the variation is huge and wide, it then gives you the buy and sell signal. News trading can never become more easier than this.
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