Friday, April 17, 2009

Fap Turbo Forex Robot Review


The Best Trading Robot in Existence or Just A Lot of Hype ?

Fap Turbo was launched on 25 November 2008 and there was so much buzz around this product launch that thousands of copies were sold on the very first day. Why all the hype ? The answer to this is simple - Fap Turbo is different to all other Forex robots available on the market today. Does it really work ? Yes it does! So far I am very happy with the performance

Fap Turbo
What is different about Fap Turbo ? Firstly, the Fap Turbo creators use real live trading to proof that their system works and you can see the system trade in real time on their website. Most other products use back testing reports, which could be faked and can be very different to live trading results. Live trading are performed on the Fap Turbo Homepage in a small ($370), medium ($2500) and large ($10,000) live account.

Secondly, Fap Turbo offers solutions to virtually all the problems that exist with other Forex robots on the market. The most common problems with other Forex robots are that no stop losses are implemented and that risky trading strategies like Martingale are used to produce high success rates. Both of these strategies result in high draw downs that could eventually wipe out your entire account during a big losing streak. In contrast, Fap Turbo offers very low draw downs, a fixed stop loss strategy and many new features that haven’t been seen before in the Forex robot industry. In the rest of this review I discuss some of these features in more detail.


What Does Fap Turbo Consist Off?
Immediately after purchasing the Fap Turbo product, you are taken to their member zone where you can download the trading robot with manuals and also watch a number of training videos. The product includes the following main components:

The Short Term Trading Strategy
The short term trading strategy of Fap Turbo uses a very profitable scalping technique that trades 4 of the main currency pairs in the 15 minute time frame. It is important to note that this is not the type of scalping technique that brokers hate..it performs only 1 to 5 trades every day with very strict money management. The short term strategy really has a lot of intelligence built in and various filters are used to ensure that only the best trades are taken. One of the best features of this system is the so called “Stealth Mode”, which introduces fake stop loss and take profit targets in order to hide the real values from brokers..a great way to prevent becoming a victim of things like stop hunting and other shady broker practices.

The Long Term Trading Strategy
The long term trading strategy is basically a modified and improved version of Forex Autopilot. There is a long story behind this that is explained on the Fap Turbo homepage, but to summarize - the Fap Turbo developers were given permission by Marcus Leary to modify the Forex Autopilot code to see if they could address the shortcomings and then sell it as a seperate product. What they ended up with is a system that is much safer and more profitable than the original Forex Autopilot. A fixed stop loss strategy was implemented to limit draw downs, bigger profits are taken from winning trades and a variety of filters and indicators were added to avoid trading during risky and volatile periods. Documentation and Training One thing I noticed immediately is that the Fap Turbo documentation and training material are much more detailed than the ones you receive with other Forex robots like Forex Autopilot. All setting are explained in some detail in the manuals, even the ones you don’t need to change and there are videos in
the member area to show you exactly how to set up the Fap Turbo robots on your pc.

Is Fap Turbo Profitable?
Both the short and long term strategies of Fap Turbo have been very successful so far. The short term strategy hardly ever makes a losing trade and when it does the losses are very small. The long term strategy makes much bigger profits than the original Forex Autopilot, but is also safer because of the fixed stop loss parameter and improved trade filters.

In the first 24 hours of trading in my demo account, the Fap Turbo system made more than 500 pips of profit,and increased my $5000 demo account to $6077. This is an unbelievable result for the first day and I am looking forward to seeing how it will perform over the next month or so.



Conclusions and Recommendations
I have only tested Fap Turbo for one day, but I am already convinced that this system will take over the number 1 spot from Forex Autopilot. It is safer to trade with, more profitable and if you are considering using a Forex robot to trade with your money then this system should be one of your top considerations. I am not sure if the current price will increase or if they will only sell limited copies of Fap Turbo, so if you are interested in this product I suggest that you check it out as soon as possible to avoid any dissapointment.

You can get FAB Turbo by visiting its official site at FAB Turbo





You can get FAB Turbo by visiting its official site at FAB Turbo


TESTIMONIALS

"hi just to let you know that i have used your trader and fapturbo and doubled my demo account in 3 weeks great. due to fxdd being overwhelmed it is taking 2 weeks to get a real account . thanks again"
alan hook, england


"Hey Guys at Fapturbo, I've been running fapturbo live since the minute i got it, i have to say so far so awesome!!!!!
Charles Jones
I'm writing to let you know that so far I'm very astounded by your EA. I have traded the market since 2003 (6 years) manually and also with robots... I have purchased every course, every EA, every software program... and spent thousands.... I don't care that I've spent thousands because the Forex market is worth it..... I bought your EA the other day and put it to work..... Over 900+ pips in two days.... 900 PIPS IN TWO DAYS!!! Once again 900 PIPS in 2 days."
Alan Castro


"I just want to say what an amazing piece of software the three of you have pulled off.I am currently on trading on a ?3000 Trading Account and started on 01 December at 00:00. As at 03 December 01:16 i have so far made ?744.47 !! which is amazing as there are still THREE DAYS TO GO !!. THANK-YOU THANK-YOU THANK-YOU !Sukhjit Atwal

Firstly I would like to congratulate the 3 Musketeers for developing a great EA. Great Job Guys..
Ebrahim

I started FAP Turbo yesterday with $5,000, just want to let you know that now my balance is $ 7,000. So far I am very impressed.
SAM

Thanks!!The robot seems to be kicking but!!!On a demo account of $5000 it has already made $754 in only 2 days!! Thought you might like to know.
Thanks again!!"
Mike Howdy!

I don't know who to thank for FapTurbo but its totally amazing! This is the most amazing forex trading system, I've ever seen! You will have helped many people financially with this program......so THANKS A MILLION!!!..... Gratefully yours.....John J. Moore
All The Best!
John

I bought a copy of FapTurbo EA from you guys. After 1st day of trading (while I was away at work) I lost 2 of 3 trades. I was like, "Uh oh!" Since this EA is the MOST complicated I ever bought and used, I was NOT sure if I set it right — the configurations, settings, etc. I re-read the manual and double checked the results by comparing the statistics of my account against the 3 accounts that are posted in the website. For example, how many pips? Held for how long, and which way did it go? Buy or sell? Etc., etc. Turns out I did set it correctly.

I was tempted to ask for a refund...however...

I decided to keep it running for another day, knowing that the European markets would shift after the Fed Reserve's announcement of a new $800 billion infusion into our banks (aside from the $700 billion bailout)...

Good news! Next day (2nd day) FapTurbo did 10 more trades and ALL of them profitable!!

Whewwwwww!! I am now in the black! Yessss!
You guys did an amazing job!! I am anxiously looking forward to a long-time and profitable relationship.

"Hello,
It is hard to believe the last 2 1/2 hrs. 13 trades, 13 winners and $206.83 profit. No losses trading .1 mini lots. ($1.00 per pip) This EA is unbelievable to say the least. Thank You
Cheers,"
Stu Ensign

"Thank you,

I own it and I too doubled yesterday... Yep doubled, played with your forex killer and took, took and took, while the FAPTurbo took in an impressive 25% gain on my account. Yes I am F&*^*ng impressed!

Keep up to the R&D You guys own the miniForex market!"
Art Hannigan

Dear Sir
Thnaks your very prompt & good support , back test result on scalping sooooo good that i fall off from my chair to ground floor, long term strategy surprisingly good also , now i going to do forward test on demo account

Thank you
Chan Wan Ling

"Thank you very much. last night it made 9 positive trades."
Bob Nezbeda


Thursday, April 16, 2009

Forex Maestro Review


By: James Spinosa

The Forex Maestro forex robot is the brain child of Mike Johnson. The Forex Maestro is a signal generating software that can intelligently guess the fluctuations in the currency market by watching many historical factors that signal change. By guessing all of the small fluctuations this can easily gain loads of pips for intra-day, intra-week, or monthly investments.

Which Forex robot is the best, Forex Maestro or Forex Ambush 2.0?

While I have tried both of these systems and have been quite successful with each, this is also because I have prior experience with currency trading. With both systems I am seeing most of my positions closing with decent profit margins, but I am definitely getting an overall better result from Forex Maestro than I am Forex Ambush. Forex Ambush seems to be more designed for beginners than Forex Maestro. Overall, I would give Forex Maestro my stamp of approval over Forex Ambush.

Does the Forex Maestro actually work?

Yes, the Forex Maestro does work quite well but as with any forex trading software there is going to be risk associated with it. I would always do demo tests before attaching it to the live market with real assets at stake to make sure you are familiar with the system. The Forex Maestro is good at picking up on signals but if you don't know how to use the system properly it will yield no benefit to you. Forex is not for the faint of heart, the markets can shift wildly and inexplicably based on political events, etc. and to accurately determine the real value of currency you need to take millions of factors into account, this is where the Forex Maestro system comes into play.

What kind of results can I expect from Forex Maestro?

It completely depends on the market that you are entering, the amount of risk that you want to implement, what trading pairs you pick, and your level of experience. Once you factor those in, then it also depends on the amount of money you have to invest. You can't invest five dollars and hope to turn it into a million, you have to at least have something to stake if you wish to make a profit with any kind of forex system.

As with anything the level of success that you will get from the Forex Maestro depends on the amount of effort that you are willing to put into it. If you don't put in the time and effort to learn how the markets work, how this software works, and how the geopolitical atmosphere effects it all then you will not see great results. For those willing to put in the effort, this could become an incredibly profitable full time job.

Would you recommend Forex Maestro?

I definitely would recommend the Forex Maestro to any currency trader whether they are new to the system or an old pro, this system takes in many variables that as humans we simply cannot follow. The data crunching capacity of this software is huge and it makes it hard not to make a profit using this system, just make sure to use common sense rather than solely flying on the advice of software.

You can get Forex Maestro by visiting its official site at Forex Maestro Site

Forex MegaDroid Reviews

by Kingsley

This is an independent and unbiased review of about forex megadroid. I am writing the review based on the attention it gets for many forex traders and my person experience using it. Both beginners and advanced trader who want to discover additional methods to boost their gain from trading forex will find this review helpful.

Inside this honest review of mine, I would talk, honestly, about what this robot offer, the way it was built, what it performs and how gainful it is. I believe after reading this review you would have known whether it is good for you or not.

What is Forex Megadroid

It is an automatic trading robot which you can use to trade the forex market. This implies that the software will automatically trade the forex market for you without any effort from you.

Some of the Works it Does are:

It looks for and place profitable trades in the forex market for you

It places the trades automatically for you.

It watches the way the trade is performing and terminates it at the perfect time.

These works are done without your involvement, depending on the way you set the robot. You can also customize it to just generate the signals while you place the trade. It is not a must that you will present before the trade is performed. The things you need to do is to set up the program on your pc, feed it to your forex broker and it does the rest for you. This is the perfect choice for traders that have little experience in forex trading, advanced traders are not left out too.

Really, it feels good but how does forex mega droid consider the time to place a trade and when to close it automatically.

Forex Megadroid is not just the only forex trading robot in the market today. The fact is that it differs from other trading robot. The unique thing about it is that it runs using artificial intelligence qualities unlike the other forex robots that function on static algorithms.

Article intelligence is greatly essential in a forex trading tool due to the fact that it could aid to control the major defect in the usual forex robot, which is the static algorithm.

A static algorithm works on a steady mode. This implies that even though it gets nice gains, it’s affected by any change in the state of the market. Its algorithms functions in a similar method. It results in losses in some cases. On the other way round, an artificial intelligent such as that used by forex megadroid is able to study the market and fine-tune the methods it runs based on the way the market is performing. It is not steady. It is regarded to be flexible to changes. Though it functions with the aid of complex mathematical patterns but it doesn’t relay fully on them.

The artificial intelligence used by forex megadroid is essentially necessary for troubled state of the market, mainly the time the price changes fast. But in the case of a static algorithm, it will result in a lot of loss. The A.I algorithm is regarded to be more effective than static algorithm.

Forex Megadroid Result

The one million dollar question here is how this forex robot works does. A credible test was conducted utilizing data from as far as 2001 till date. It made a remarkable gain producing results. Over all, the perfection of the software is okay. It has a winning rate of 85%.

Why I like forex Mega Droid

I have tried varieties of forex trading robots and I must tell you that none of them even come close to this. Most of them offer many assurances and let me down. Some others were a bit victorious but their static algorithms bordered me. Some were very difficult to upload and run, making me to shun them.

I will like to tell you the reason I am convinced that forex megadroid is unlike them

Long period of testing

Excellent customer support

Elevated accuracy and high winning rate of 85%

60 days money back guarantee in case if you are not satisfied.

Cheap price, though likely to increase with more demand.

Good for those who have little experience.

Simple to install, it isn’t complicated.

Installing Forex Megadroid

One of the things I dislike about forex trading robot is the installation process. Some of them are very difficult to install to the extent they might leave you frustrated. But forex megadriod is different. Some of the benefits of installing and using Megadroid is below.

There are assistant staffs of up to 6 people that provide support for its customers.

There is a manual which contains a full and simple to follow installation procedure which can aid you to get forex megadroid on and running on your computer in few minutes.

There are also installation video format in case you are not able to understand what is laid down in its installation manual text form.


You can get Forex Megadroid by visiting its official site at Forex Megadroid Site




Download Forex Megadroid Site Here


Customer Testimonials

We interviewed Mark Suez he told us he found the Forex Megadroid to be the best robot trading software he'd ever used

"After trying out several forex trading programs in the market, I almost gave up until I chanced upon Forex Megadroid. I have to say that it's the best decision I've ever made. I'm enjoying myself making tons of money automatically with this software."

-- Mark Suez


Susanne K. came to us with her tips and advice with Forex Megadroid when she found out we were doing a review

"Forex Megadroid is the best forex trading software I've ever encountered. From the very first moment I downloaded it, I knew it was something else. The ease of use, installation guide, and friendly user-interface all made it possible for me to begin trading almost immediately. I would like to share some tips in using Forex Megadroid to maximize the amount of money that can potentially be made.

  • Use Forex Megadroid Confidently some people remain wary of using robots. With Forex Megadroid, there should be no such concerns because the robot uses Artificial Intelligence.
  • Try to Make as Much Money as You Can no other robot can operate undetected by forex brokers. The Forex Megadroid has a "Broker Buster" feature that frees you from the hassles of dealing with brokers.

Hopefully, these tips will guide others in using the Forex Megadroid. This software has very minimal risk while providing maximum return for your money."

-- Susanne K

Frank Daniere gave Forex Megadroid a 4.5 out of 5 when we interviewed him. In an email back to us after we gave him some of Susanne's advice he turned and gave Forex Megadroid a 5 out of 5

"I want to give you the heads-up. I'm very impressed with Forex Megadroid. The results I'm receiving are surprising because I never expected to make so much money with a forex robot. Your product is amazing. Thanks guys!"

-- Frank Daniere

Brandon Quesand had many good things to say about Forex Megadroid. His email went on for 2 pages but here's an excerpt

"Forex Megadroid is the best! I love it! I've been making several thousands of dollars every month since I bought it. Best of all, the robot does all the work for me. All I need to do is get the profits! I wished I had discovered this product earlier. It would have eliminated the numerous trial-and-errors and help me go straight to the money."

-- Brandon Quesand

Tesimonials

Forex MegaDroid Testimonial

"Thanks for the Forex MegaDroid settings Jim! Being new to forex trading I'm sure I wouldn't have been able to figure them out on my own, and your help has been so useful. I've netted over $1,000 In 3 weeks and haven't lifted a finger!"
- David Winters

Forex MegaDroid Results

"I took the plunge and ordered Forex MegaDroid through your site and am please to have the opportunity to write a short tesimonial. Your help with the settings and personal emails was a great bonus, I think alot of people like me would have a tough time setting it up alone. Plus last week I ordered FAP Turbo because MegaDroid was doing so well for me. With your advice on settings my investment has nearly doublled! Absolutely brilliant!"
- Robert Pengrave

Forex Robots

"Hey Jim, Not sure what to write except THANK YOU! Your honest review impressed me so much that I ordered. I'm quite certian that the other review sites don't even actually use the robots, but I can tell from talking to you and watching your video's that you know your stuff when it comes to forex robots! Thanks for helping me choose FAP Turbo - I'm planning on branching out to Forex MegaDroid in the next few weeks with your guidance - Thanks"
- Carl Lee


Tuesday, April 7, 2009

The 7:10 Principles.

1. Buy and sell on breakouts. I teach this in the 1 on 1 training, and I
do it myself.
2. Stop trying to make $8 million on every trade.
3. Set a 10-pip limit only. Exit the trade at 10. Exit the trade at 10.
Stops are set based on market conditions, but are always set.
4. Goal: + 10 pips every day.
5. If I earn more than 10 pips on a trade because the trade moves so
fast in my direction, I can set my stop to protect the 10 and then go
for more. I like to teach traders to just start going for 10. There are
advanced strategies that go for more than 10, but we just start here.
6. There is no ‘makeup’ strategy. If I take a loss, then I’m just trying
to end up with a 10 pip gain for the day. If I can’t get it, then I
don’t try for 20 the next day, or whatever. I can keep trying for the
10 pips gain as long as I haven’t lost more than 5% of my capital.
7. Time: I can trade for 5 hours per day, meaning I can have the
trading platforms open and sit at my computer for a max of 5 hours
per day. If I can’t earn my 10 pips during that time, then I can set
my stops and limits and walk away, but I can’t actively watch the
market any longer.

Monday, April 6, 2009

Commodity Futures Trading for Beginners

Observation is the best friend of the technical analyst. By watching the markets, I noticed something interesting about candlestick charts, which I use extensively. I realized the real bodies used in candlestick charting can be used to determine significant support and resistance points, a strategy I had never seen before. Take a look at how it can be done.

Although they have only recently become popular in the Western Hemisphere, Japanese traders have been using the candlestick charting technique for hundreds of years. Candlestick charts, much like the bar chart equivalent, utilize the open, high, low and close activity to plot a period (usually a day). In candlestick charting, unlike bar charting where the highs and lows tend to be the focus, the opens and closes are the most significant.


DETERMINING SUPPORT AND RESISTANCE
When a chartist looks at a bar graph, accumulations of highs and lows are often seen as key market levels. Breaking through these points signals important changes in the expected direction of prices. Candlestick real bodies, however,may turn out to be better for this task. Much like highs and lows are on bar charts, an accumulation of real-body highs or lows at a given level is significant.

TRADING APPLICATIONS
One of the first uses that many technicians see for this technique is in terms of breakouts, much like in using bars.The advantage in using real-body highs and lows for support and resistance is that ranges are tighter, allowing entry into a trading position earlier than might otherwise have been the case. Perhaps the most intriguing part of this new methodology, however, is its usefulness for day trading. Most technicians use candlesticks as a day-end indicator, but this technique gives us a greater degree of depth than is necessary for day trading. Real-body support and resistance allow us to take our analysis into the shorter time frames, which in turn allows us to get better entry points for our longer-term trades.

MINIMIZING THE RISKS
There is no way around the risks inherent in trading counter to the prevailing market action. All we can do is reduce the risks as much as possible by using the tools available

A REAL-LIFE EXAMPLE
Figure 3, which shows the sterling/Deutschemark cross-rate, contains several excellent examples. You can see how many times prices either approached or penetrated real-body support and resistance points but were unable to sustain those levels. Time after time, an attentive trader could have entered positions counter to the prevailing market action
and would have done well.

CONCLUSION
By using real-body support and resistance levels, we can try to improve our trading and analysis on several levels. In the short term, we can derive important counteraction trading points and improved longer-term entry levels. In the longer term, we can use real-body support and resistance to get a jump on market breakouts in a trend-trading strategy. Let me reiterate: Candlestick charting should not be used in a vacuum. That applies to the real-body support and resistance levels as well. You should, however, take the time to try out this methodology. I'm sure you'll find it worthwhile, and a beneficial addition to your technical toolbox. It just goes to show that by keeping our eyes open,we just might be able to discover new techniques

Sunday, April 5, 2009

FOREX Autopilot Reviews

As the name suggests, FOREX Autopilot is a software application that does FOREX trading in an automated manner.

The program has automated trading bots in a software format, which you install on your computer. You have to do nothing more than this installation but to keep your PC on. You will find that these trading bots will handle all the FOREX transactions for you all through the night and in the morning, you see that you have a swollen account!

Naturally, there is much criticism whether such a thing really works but FOREX Autopilot is genuine software released by Marcus Leary, a FOREX expert who also has innate Internet marketing knowledge.

Benefits of Forex Autopilot

  1. The best thing about FOREX Autopilot is that the user does not have to do anything but to install the automatic trading bots and keep the system on. The bots will automatically handle all the transactions and make a neat profit for the user.
  2. You will need to open a FOREX trading account with the broker. However, that is a very simple thing to do. FOREX Autopilot will use this trading account to make all its transactions.The people who participate in the surveys almost always get to keep the product that they survey.
  3. This is probably the best Internet business in the work-at-home genre. The amount of money that can be done by such automated FOREX trading can be immense.
  4. Even a nontechnical person or even a person who does not have much knowledge about FOREX itself can use this system and make a good income out of it.

What's Unique about FOREX Autopilot?

As a work-at-home business opportunity, FOREX Autopilot is completely different because it does not involve any kind of cold calling, building MLM networks, selling items, filling out forms, emails and surveys, etc. You can also say that FOREX Autopilot does not require any degree of work at all. This is what makes it unique. The whole system is an automated system.

Also, the amount of money that can be made here is immense. FOREX Autopilot has helped 8 people earn over a million dollars in the last year and a half. Even other FOREX automation applications have not been able to receive that degree of success.

FOREX Autopilot has been designed with the collaboration of a FOREX insider and a mathematician. This is what gives it the edge. The program is designed so as to place the odds in the favor of the trader. That explains the heavy income possibility.

Other Features

The entire FOREX Autopilot system is available for $99.5. There is a coupon offer going on their website right now, filling which a discount of 75% can be redeemed. The software system also gives the following free bonuses to purchasers (which are collectively worth $370):-
Bonus # 1 – Non Farm Payroll Robot Add-on
Bonus # 2 – Ultra Trend Robot

Both these bonuses are designed for professional FOREX traders who have already begun making their vast sums of money with their FOREX trading processes.

There is also a 56 day free trial on the site. If a person is dissatisfied after this, a complete refund will be given and no questions will be asked.

You can get Forex Autopilot by visiting its official site at Forex Autopilot