Is Forex Geek a scam? This new scalping robot software is developed by a highly experienced currencies trader Andy
. On his website, he explains how he managed to make more than $90,000 in scalping the EUR/USD currency pair within 1 year. This same system that has been making him money is now programmed into his automated trading Expert Advisor which he is planning to release for download to his clients.
Does The Forex Geek Automated Trading Software Really Work?
Andy admits that he had been scammed by other Forex products before but managed to learn enough skills to program his own profitable trading software. So far, this trading robot has been generating regular profits on a weekly basis on my live trading account since I started using it and is really looking very promising so far.
This robot scalps the market on the EUR/USD currency pair which is the most traded currency pair in the Forex markets. This makes it the most liquid market you can trade, meaning that FX Geek will be able to execute its trades without any liquidity issues.
The owner of this Expert Advisor has also used his fundamental understanding of this currency pair to program his robot in such a way that it can trade according to the trends that he forecasts.
Why Is It So Important That Forex Geek Trades With Technicals As Well As Fundamentals?
This is a very essential component of any successful Expert Advisor and is the reason why these EAs can perform so differently from one another. With the current global events such as the sovereign debt crises unfolding that are affected currencies greatly, it can be very profitable if you have this software to trade appropriately with these trends.