Developers John Grace and Albert Perrie created the Forex MegaDroid. Between them, Grace and Perrie have altogether 38 years of experience in forex trading.Don't be fooled by the tacky sales page; they have more than 18,000 users. During live testing, Forex MegaDroid has given profits 101 times out of 103 trades. This is a phenomenal percentage. Ongoing testing had continued to show profits. You can't help but wonder why they don't...more
Do the results of back testing mirror the forward testing results. Certainly the back tested results put forward by the more unscrupulous purveyors of Forex Robot trading schemes are to be lightly dismissed. It is easy to adjust the trading parameters retrospectively to suit the result. Widely optimistic claims are just that. Rational, reasonable results are to be believed.This is not what I am referring to here in my title, although it could be...more
Firstly the article would intimate that my initial comment on How would be to enter into a lengthy technical discussion. This would be in error, although a lengthy technical description could ensue.My evaluation of the various good and sustainable Forex Robots in the marketplace is that they work by being extremely Conservative.It is necessary to elaborate on the term conservative.Of course, the question is raised that if they are so Conservative, how can they trade Forex which on the face of it does not lend itself to a Conservative manner. What the Robot does is look for the ideal condition when the Odds are stacked in its favour. Acknowledged that this is a gambling terminology, which I am not forwarding as to have anything to do with Forex trader.I assume that the term Odds is understood here in its theoretical interpretation.The Robot looks for the highest degree of profitability, when the markets are quiet, when the spreads are minimized, when the indicators are all favouring the trade. Quiet markets are normally the most unsocial, and normally sleep time for most traders, but this is when there is no news to move the markets erratically.When the Robot does in an admirable...more
Martingale is a theory which is often mentioned on the various Forex trading forums.Firstly a detailed explanation of the history of Martingale and what is pertains to do is required.Let us use a brief definition here:Originally, martingale referred to a class of betting strategies popular in 18th-century France.The simplest of these strategies was...more
Impartiality is what people look for in Independent Forex Robot Reviews. I have some difficulty in the quest for honest, impartial and credible advice. Can a review be truly impartial. I do not believe so, but with some careful research and commonsense it is possible to separate the hyperbole from the real facts. I do not believe that any person or...more
When you learn forex trading there are many technical tools to master, but one of the simplest to use is the pivot point. Pivot points work with support and resistance levels to give you an indication of entry and exit points.The first thing to do when you plan to use pivot points is to identify whether the pair is currently in an upward or downward trend. This would mean looking at patterns over several days or even weeks. Of course, if you regularly trade the pair, you probably already know which direction the trend is currently headed so it'll be easier in that case.Trends are your best friend in forex exchange. If you correctly identify a strong trend and get in on the early stages, you could make big, big money. Once you know the trend, you will generally trade in that direction, since you're friends now :) So as long as the pivots indicate a long order during an upward trend or a short order during a downward trend, you can trade. But if they indicate the opposite, it's best to just leave it. There is too much risk of the trade going wrong in that situation.Pivot points are calculated from the last day's trading high, low and close. Most traders use the New York...more
¿Estás viviendo en Chile y este interesado en ganar dinero en Forex? ¿No sabes mucho sobre Forex pero te gustaría encontrar la forma de generar tus primeros ingresos? Si haz respondido que si, entonces te recomiendo que sigas...more
There is always a fight on the issue of Forex future and Forex spot that which one is better to trade at but as usual no satisfactory results because every individual has its own logic to prove his/her point correct and nobody else can falsify others...more
Do you get constant emails in your inbox promising to make you billionaire or a millionaire? Do you really think this works? It’s the time to open up your eyes and stop getting fooled up by such emails that promises big but end up...more
Do you want to find out more information about the new Forex Neutrino trading signals provider? Most new traders who first enter the market are filled with enthusiasm and hope when they first start trading, only to end up losing their...more
Is Forex Neutrino a scam? The Forex market is the largest financial market in the world, with more than $1.5 trillion being exchanged every day. This is the market where international currency is bought and sold. In order to trade in...more
Price action analysis is one of the best methods to trade the Forex market with. By simply analyzing a naked price chart we can spot profitable setups that re-occur in the market. The best approach to take while using price action to...more