Category Archives: Forex Trading Articles

Forex Trading Articles

Impressive Trading Software Nails 15%+ Profit Consistently Monthly

Robot Achieves Almost 400% YTD
Fx Megadroid NEW Trading Statements Proof

Dear potential investor,

The response from the market has been truly awesome… Forex Megadroid landed on the Forex industry like a BOMB… no other way to put it!But… it gets even better than we’ve seen until now. Pay close attention:

John and Albert (creators of this revolutionary robot) have posted TRADE by TRADE results of the robot.And by the way, from 4 days prior to the launch of the robot up until today (8 days), it has achieved 100% accuracy for over $5,000 in NET profit!

You can now see every single year’s performance, day-by-day, trade-by-trade here:

(2009 WAS 330.20%… it’s NOW 387.18%!… a 57% increase in only 8 days!)

You will now see from the trade by trade results that this is truly the first robot that trades with over 95% accuracy YEAR after YEAR…

…that this is the first robot which is a true multi-market condition performer.

Forex Megadroid is the only robot on the market that has proven itself to withstand any market condition for quite a few years.Its new Artificial Intelligence technology (RCTPA) allows it to see what will happen in the market within the next 2-4 hours and this is EVIDENT from each year’s performance.

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PRICE Is Going UP…
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The launch of Forex Megadroid is almost over and, as promised by John and Albert, the price is going up.Remember, Forex Megadroid has unique features that NO other robot on the market has:

– Broker buster in-built mechanism (no broker in the world will ever know you are trading with it and hence cannot stop you from doubling your account every month)Consistency – Year-by-year impressive performance. In 2009 alone the robot has almost QUADRUPLED the deposit!

– Multi-Market Performance – the only robot that is capable of trading with 95.86% accuracy in every single market condition: trending, non-trending, volatile, non-volatile. This is HUGE since it’s the reason the robot is able to trade every month with an uncanny accuracy rate.

– New Artificial Intelligence technology (RCTPA) which allows the robot to see what will happen in the market within the next 2-4 hours with unheard of accuracy rates.

You can get Forex Megadroid here and view year-by-year detailed trading statements before price goes up. See live proof by visiting the link below. Testing includes both forward live trading, as well as backtesting results:

E Graham

P.S. Make sure you look at every trade the robot has placed in the past… especially for 2009 and you will understand why John and Albert are positive it will break the 1,000% net proflt barrier this year:

Forex Trading Articles

Sit Back And Relax With Automated Forex Trading

An automated trading system is a computer trading program that automatically submits daily trades to an exchange for example the Instinet. It allows traders to submit trades to the market without necessarily being physically there. The crossing price is determined by a VWAP measure. It further enables conversations and negotiations to take place between bidders. The benefit being reduced communication costs.

If you are still out there sitting on a fence, reasoning whether you should take the new automated technology or stick to the manual method. Then here are a few words to pursue you to sit no longer on the fence, in fact I think your back must be hurting.

The automated trading system has the capability of generating currency signal. This is a computer updated version of the prediction that the Forex analyst used to do in the manual Forex exchange. The analyst would watch the market and make predictions and finally sell them to the highest bidder. In the computer aided Forex system, it is programmed to constantly analyze the market for you and make predictions all day so that you are always on the winning side of each trade.

You are assured a risk free environment when you start using an automated trading system. It is able to stop loss and grab profits. So the program will always work for your best interest while you are away. In the event that you are about to incur a loss in a given trade, the program automatically discards the trade off to minimize the loss and vice versa for the profits. This provides a peace of mind; you won’t have any fear of losing your money because it is in good hands.

The automated trading system works around the clock. While you are having a good nap it works for you and as long as the market is open it will always be on the lookout for all trades. You don’t need to spend some extra cash to pay a broker to keep an eye on every trading activity. The payment for the system is only once whereas it would take monthly salaries to pay the broker.

With the automated trading system you are able to monitor more than one market simultaneously. Gone are the days where you had to stay glued on your screen, trying to keep up with each stock at each instance. Automated trading systems are equipped with a trade station that gives you preference to view dozens of securities at a single time. It doesn’t matter how complex and conspicuous your trading strategies are, it will always follow multiple market for you in regards to the criteria you provided for it. This means you can actually give it multiple conditions such as conditional entries and exits, profit targets, protective stops and trailing stops all of which can be simultaneously automated without much hassle.

The automated trading systems were basically meant to reduce or elude the fears associated with emotions. This of which, it has effectively accomplished. Trade Station helps you combat emotions by confidently getting into the virtual market based on historical strategies that you feed the system with. All is required of you is to sit back hands on your chest as you await to pocket the profits.

Forex Trading Articles

10 Factors You Must Understand Before You Opt In For An ECN Account

There are two basic types of brokers in forex market; one is the market makers and the other is ECN Broker. ECN stands for Electronic Communication Network. In simple words ECN is a financial expert who provide a direct route to its customers so that they can interact with other market participants. ECN is a type of computer software that facilitates the trading outside the market so ECN broker only acts as a middle man between your trades, not as market maker.

We are sharing some advantages and disadvantages of using an ECN broker. These points will help you in taking right decision in choosing a forex broker.

Advantages of using an ECN broker:

By using an ECN broker you can claim a number of benefits such as:

Privacy of your trades:

The role of an ECN broker in trades is only as a middleman. So when you make a trade on ECN network, you are completely secured and you account cannot be distinguished and not traced. You can protect your trade strategy by using an ECN broker because you are using the name of broker for your trades.

You are your own market maker:

You are autonomous to set your trade limits and spreads by using an ECN broker. The ECN will match your bid with the other participants and through this you can gain some extra pips. There are no restrictions and limitations about placing and canceling an order. In this way you can perform as your own market maker.

Continuous trading:

ECN provide you the liberty to trade during news and events. Continuous trading increase the price volatility and at ECN, trading always remain continuous, so you can get the benefit of price volatility.

Enhance the execution of orders:

Always keep it in mind that you are trading with ECN actually you are placing your order by using ECN. The ECN is only matching your order with the other market participant on the ECN as quickly as possible. With the help of ECN, you can easily compare your orders and also check the best price level of a currency pair offered in the market. Through this you can improve the execution of your orders.

Price volatility:

In ECN prices are not constant and change can occur too quickly. Quick changes increase the price volatility. In this situation the scalpers and the short term traders can quickly claims large profits. ECN brokers are fit for scalpers.

Greater liquidity:

ECN has eliminated the geographical distances, now different parties can trade across the world without any geographical limits. This leads to greater liquidity (i.e. there are more buyers and sellers) which increases the efficiency of the markets.

Disadvantages:

Few negative point of using an ECN brokers are:

Commission:

ECN charged commission on every trade. Sometimes due to low spread the traders have to bear loss because their earning is less than the commission they paid.

High capital:

ECN allows you to act as a market maker. High capital is needed to influence the market parameters. ECN is not a perfect place for small investors and traders.

Corrupt market makers:

Every person is acting as his market maker on ECN. So there are chances that some dishonest persons can easily influence the market by introducing a great volume of trade. Some people are also giving deceive to others by showing them the ECN broker but in fact they are not.

Conclusion:

An ECN forex broker is a financial expert who acts as middle man between buyer and seller in their trade. The advantages of using ECN forex brokers are low spread, greater volatility and high privacy. But the disadvantages attach with it are high capital and commission. Have a look at your trading strategies and financial status, then choose properly.

Forex Trading Articles

Mobile Trading With Metatrader

Trading in the financial market has been growing over the years. With its growing popularity, the technology also has evolved. Forex brokers and traders now have a multitude of choices of trading devices or forex trading platforms to choose from. There are now options that allow you to stay connected and managed your trading accounts even while on the move. This is tremendously convenient since it enables you to access your accounts anywhere and anytime without being tied to your desk. You can now manage your accounts from handy devices like cell phones and PDA’s.

One of the ways to stay connected is mobile trading through MetaTrader 4 Mobile. Installing MetaTrader 4 Mobile on your cell phone or PDA terminal lets you access your trade account, control open positions, current quotes. It would also allow you to place, delete and change orders. The MetaTrader 4 Mobile is similar to the full function MetaTrader 4 trading terminal. This means you could engage in forex trading and in trading in other financial markets while on the go.

Here are some of MetaTrader 4 Mobile’s features:

1) Full management of all your trade accounts.

2) You can take it everywhere with you, therefore you can work from any location in the world.

3) It has over 30 technical indicators giving you a chance to undertake technical analysis, view the history of completed trades and more.

4) You can place, change or delete all types of orders.

5) MetaTrader 4 Mobile ensures, you will never miss anything with their alerts system. Therefore, there is no need to constantly check your computer or phone for any changes in the market.

6) It gives you access to financial market news critical to any trade deal.

7) Has VGA mode support. This allows you see a clear view of all information on the PDA (personal digital assistant) display at 640×480.

MetaTrader 4 Mobile offers a hassle free and safe trading right on the palm of your hands. You are guaranteed that the completion of each transaction you make is treated with strict confidentiality and ensure that it is absolutely secure. It also has multi lingual support that allows you to switch between languages. MetaTrader 4 Mobile is great alternative to managing your accounts twenty-four hours a day, the great thing about it is that it allows you to do all this without being tied to your computer.

Forex Trading Articles

Discipline & Patience-Prequisites For A Forex Trader

There are 2 qualities that separate amateur forex traders from the professionals: discipline and patience.

Beoming successful at trading is all about finding an edge and maintaining that edge. For example, you spend countless hours to finally discover a trading strategy with a 75% win rate and 1:1 risk/reward ratio. You are confident that your strategy works. Now you must exercise discipline and patience.

Without patience you will not wait for your chosen setup to occur and will take other trade setups in the meantime. Now you are not exercising your 75% edge as you are taking “random trades”.

Without discipline you may take your setup and times of the day when there is not enough volatility in the market, on bank holidays, before major news announcements, etc. Again you are not excercising the edge that you have found.

Professional traders have a high degree of patience and discipline and are totally ok if no “A+” setups come for a couple days, they will wait for the very best setup. Amateur traders on the other hand have very little patience and can’t stand to not be in a trade.

Many people get involved with Forex trading because it is exciting. This becomes a curse because often trading is actually very boring. You should find your excitement somewhere else in your life and approach Forex trading with a business mindset, not as a thrillseeker.

Another place where discipline is very important is with your risk management. Professional traders may risk 1-2% on each trade with great consistency. Amateur traders may start off with 1-2% risk but then after a couple losses will often raise the stakes to 4-5% risk. Then comes the inevitable losing streak and the emotional pain of losing 15-20% or more of your account in a single day.

If you have been trading like an amateur, it’s time to take a lesson from the pros and step up your game.