Income Forex-Currency Option Trading Review

Forex Strategy -How Successful The MACD Indicator

2011-12-10T17:07:00.000-08:00

Regardless of your Forex strategy, have you ever entered trades and shortly afterwards wished you hadn't? The information that follows will hopefully cut down greatly on the number of trades that cause you anxiety!

The MACD (Moving Average Convergence Divergence) indicator can add a degree of certainty to your Forex strategy.

As with any indicator, it is too risky to enter trades on this signal alone. However, as we will see, used with caution on higher time frames, it can help confirm you are going in the right direction and that your trade is higher probability.

Taking MACD Apart

Let's take MACD apart and describe it's component parts.

The default MACD on most charting packages sets 2 EMA's (Exponential Moving Averages) at 26 and 12 days.

This is represented by a colored line (color varies according to charting package) which crosses a different colored 9 EMA often termed the trigger line.

When MACD (the 12/26 EMA) crosses above the trigger line (9 EMA) upward momentum is indicated and vice versa.

A center line, or zero line, often called the water line is also shown in the MACD indicator. When MACD is above the water line an upward trend is indicated, when it is below the water line, a downward trend is indicated.

MACD also includes a histogram, small vertical lines that appear above or below the zero line, not unlike mountains and valleys in appearance.

MACD is a lagging indicator which follows price action.

The histogram is an indicator of MACD. So watching the histogram can give you an early indication of where MACD is going. The height of the histogram can be a good momentum indicator.

Using MACD As A Safety Indicator

How can you use MACD to your advantage?

If you want to be very cautious in your Forex strategy, going only for high probability trades, then pay attention to MACD on the 4 hour and 1 hour charts.

Some traders will only enter a trade when the 4 hour and 1 hour MACD's are going in the same direction. This will mean a lot less trades but the ones you do take are likely to be profitable. (Agreement of the two MACD's is used in conjunction with other indicators, not by itself.)

MACD on the 1 hour chart is particularly powerful. If you want to stay out of trouble and avoid trades you might later regret, NEVER trade against the direction of the 1 hour MACD. To do otherwise is not necessarily foolhardy if you know what you are doing.

But for the newer, less experienced trader, only trading long when MACD has crossed up, or short when MACD has crossed down on the hourly chart when your other favorite indicators line up, will make for a higher success rate with your Forex strategy. It will also save you much anxiety and heartache!

How to Find a Good MetaTrader EA

2011-12-06T03:27:00.000-08:00

One of the biggest problems with finding a good MetaTrader Expert Advisor is simply how many there are out there. There are literally hundreds upon hundreds scattered across the internet, either for free on forums and specialized sharing websites, or for sale on individual websites. Now you may intuitively think that you shouldn't even consider the ones that are for sale because there are so many out there that you can get for free! But that is not the case at all. First off you must realize that 99% of the bots you can get for free are going to severely damage your account. At least they won't make you any money. The main reason for this is probably that 99% of mechanical trading systems don't work and the Expert Advisors that are based on them won't work either! Another BIG reason is that most of the bots that are shared for free are created by amateurs that don't really know correct programming let alone how to trade profitably. Often these will be "experimental projects" that may show extraordinary results in back testing and then extraordinarily bad results in live trading. (And why would anyone give away a truly great creation? Reality is that it's probably never going to happen). There are just so many aspects that need to be considered when creating automated algorithmic trading systems, that you can't expect someone without extensive knowledge of the subject matter to be able to do it successfully. There are so many pitfalls for trading system developers to fall into that it's virtually guaranteed that someone without the knowledge and experience will fall into one of those. I'm not going to talk about what these pitfalls are here as that would take too long, but this brings us to the next point I want to make.

I 100% recommend that you buy your Expert Advisor/s. What I've discussed so far should make it clear that it's virtually impossible to find a good enough bot just scouring the internet. But buying one is also easier said than done. Here we actually encounter another big obstacle to finding profitable bots; SCAMMERS. Yes, the rumors are true, the Forex world is filled with shameless scammers praying on innocent people that don't know how to sort the good from the bad. The world of Expert Advisors in no exception. This is very saddening for those of us who "are in the know" and are able to make a living trading Forex. It's saddening when someone asks you what you do for a living and the response you get is something like; "isn't Forex some kind of a scam?". Of course not! But when you type Forex related terms into the search engines scams are often what you'll find. I estimate that about 60% of the bots for sale on the internet are direct scams; they don't work or aren't safe and the vendor knows it and yet claims otherwise. (Don't be fooled by the "incredible returns" the vendor boasts of. All of them do!). I estimate that about 35% are just poor creations by aspiring traders that may not intend to "trick" people, but just don't know and can't do any better. So that leaves about 5% that can actually make you money over an extended period of time. But out of those 5% I would personally probably only use about 1%. Those are the "moneybots". They have been created by a proficient programmer and are based on a solid, robust trading system. So far I have only been able to find a handful that have met my requirements, but they are also fantastic investments! I have been able to find a couple of truly ingenius ones, that have made me substantial amounts of money and as of the writing of this article, I'm currently using with great success.

So how do you find the "moneybots"? First of, don't try to just manually look through the search engine search results because it will be virtually impossible for you to find what you are looking for. Fortunately there are a couple of websites that conduct forward tests of commercial Expert Advisors, and there you can often find actual proof of ones that work. But be careful, many of these websites aren't honest reviewers and many may even be owned by the creators themsleves. But this is still your best option, if you don't know someone who has used a certain EA and can attest to its' virtue.

To make your life a little easier I'm sharing the Expert Advisors that I'm currently using on Income Forex website. I'm not affiliated with any of these, but they are the best I've found so far. Feel free to check them out!

Simple Scalping Strategy

2011-12-06T02:51:00.000-08:00

In this article, you will discover a simple scalping strategy that enables you to take small profits out of the Forex market. We will discuss the setup, entry, stop loss and exit stadium. This strategy applies to the major currency pairs EUR/USD, GPB/USD, USD/JPY and EUR/JPY. It works with the daily, hourly and 5 minute candle charts.

Preparation: draw support and resistance lines

First of all, you will make sure that your charts are ready to use for technical analysis. This means that you remove the support and resistance lines of the previous day, so that you have a clear workspace to work on.

Then you make sure, that the last 50 candlesticks are visible on your chart, and you look for the last and second last significant height. Draw horizontal support lines on these points. You can choose any color you want, but make sure that the colors are the same each day. Afterwards, you do the same for the resistance lines. You search for the last and second last significant low, and you draw horizontal resistance lines.

Do the same for each chart and each time frame.

Step 1: Check the setup condition

The setup conditions are as follows:

The trends of the 3 timeframes must be the same.
The market has to be trending. Whipsaw patterns are difficult to trade for inexperienced traders.
On the 5 minutes chart, there has to be enough room to place a trade. This means that the entry point should be at least 20 pips away from the resistance line for a long position, or the support line for a short position.

When these three conditions are met, you can consider placing a trade. Please remember always that this not necessarily means that you will trade.

Step 2: Enter at the right moment.

When a second consecutive bar confirms the trend an it reaches the height of that bar, you can enter the trade on the condition that there is still room for at least 15 pips.

Fifteen pips are based on a target of a ten pips profit, and it takes a spread of 5 pips into account. This is the average spread that applies on a micro or mini account.

Step 3: Place the stop loss

The strategy advises a stop loss of 30 pips below the entry point. If it seems that you can get more than 10 pips out of the trade, you can trail the stop los to break even, to make a 20 or 30 pips profit. This only applies when there is enough room in a trending market.

Step 4: Exit the trade

You have two possibilities. Or you can exit the trade manually, or you can place an exit order. When you close manually, you have the freedom to get more out one trade, but you have to watch it all the time.

An automatic exit order should be placed 15 pips above the entry point for a long position, and 15 pips below the entry point for a short position.

A piece of advice

Since everybody has his own trading style and habits, I strongly recommend you to test drive this strategy on a demo account, so that you fully understand it, before you put money at risk. Secondly, it enables you to customize and fine tune the strategy to your own convenience.

Please note that this strategy is one of the possible approaches to Forex and that we decline any responsibly for your personal trading success or failure. Forex involves the risk of losing money and is not suitable for everybody.

"Go with the trend" and may trading success be with you!

Earn Tax Free Income From Home Trading Forex

2011-12-06T02:24:00.000-08:00

Forex markets offer excellent scope for earning tax free income from home. Through Forex trading activities it is possible to earn at least 50% returns on the earned profit. In case of an experienced professional, it is possible to save up to 75% on the profit amount. All of this is possible because Forex markets are open throughout the day and night. Thus, it is possible to perform trading activities on a 24-hour basis. However, if you are keen to hit the jackpot when the volume of trading is high then it is important to trade during the two most important time zones. Forex trading takes place in large volumes during Asia Pacific time zone or European-USA time zone.

Therefore, as an individual trader it is possible to select the time zone as convenient to you. This is the main reason that Forex trading can be thought of as a second income opportunity. As an individual looking to make money in the Forex markets there exists the necessary flexibility to work during any time of the day as suitable for you without compromising on your actual work. It is possible to earn tax free income from home by performing trading activities during the overlapping hours of these two major time zones. This is possible due to the fact that currency pairs are active during these two major time zones. As such, the overlapping period sees a bit of fluctuations not seen during normal hours, which makes it an ideal time for implementation of Forex trading strategies.

Significant volatility can be observed in the Forex market only when certain news related to economic or political scenario across the world changes. For an individual looking to earn tax-free income, it is possible to start trading using a mini account. In case of mini accounts, the total amount of profit made does not come under the tax payable category. This means that Forex trading can be easily used as another tax free income source. Wealth creation can be achieved through a mini account as well. Forex trading allows wealth creation in easy steps particularly for individuals who learn about tips & tricks related to Forex markets. This can be achieved with a simple internet connection from any convenient location of your choice.

It hardly matters if the transactions are made outside your country. However, it is important that your country have the necessary international banking facilities. In most cases, individuals starting out with Forex trading activities do not fall under the taxable category. It is very easy to learn Forex trading. With some amount of dedication and persistence there is a possibility of regular Forex activities from your side. Therefore, by using your skills it will be easily possible to earn tax free income from home through Forex trading activities. Through trading activities, you can get the necessary financial freedom in the future. The scope for wealth creation is simply enormous and the best thing is that it does not fall under the taxable income category.

Forex Robots - The Future Of Trading

2011-02-20T02:51:00.001-08:00

With falling shares and low returns on investments, it's becoming increasingly difficult to find a safe place to make small investments. Many people have taken this opportunity to make enquires about the Forex market. The Forex market is the most liquid market in the world and trades 24 hours a day and 7 days a week turning over a massive $3 dollars a day.

Now the one problem many first timers found was that over time and in the long run approximately 90% of traders lose money in Forex. The reason for this extremely high number is due to the time and energy manually trading forex takes. There is a huge learning curve that needs to be climbed before a trader can take to the market, not to mention a through examination of psychology and mindset. A lifetimes task in itself.

Fortunately new technology in the form of Forex Robots have come to the rescue. Forex Robots have been around for a relatively short while with new and more advanced models coming out onto the market all the time. They have become so popular that now approximately 25% of all Forex trades are now done by forex robots. The main attraction of a Forex robot is that it allows traders to leave their Expert Advisors to run on autopilot so saving valuable time in not having to sit in front of a screen all day. The other big benefit is that Robots don't have emotions and therefore don't make the fear or greed based errors that human traders do.

As with all technology the older Forex Robots were very inconsistent. They would do very well for a while and then would go into periods of losing money. If Forex Robots are so clever why does this happen? The answer is really simple. The older Forex robot models had set coding which only allowed them to understand a limited range of market movement. With new advances in technology forex robots are now programmed with their own intelligence allowing them to adjust to changes in the market.

Let's explain in a little more detail. There are a variety of price patterns that can occur for a currency pair. Due to global macro economic variables a currency pair might show trending pattern where one side of a currency pair gains significant strength vs. it's opposite e.g. the Yen strengthening against the British pound for a long period from July 2008 to January 2009. This is a trending market and a Forex Robot designed for a trending GBPJPY would have shown exceptional profits during this period. However the run did not last. It never does. The GBPJPY pair came into balance at the end of January 2009 when the currency moves into a more sideways pattern. This is known as a ranging market. The trending Forex Robots that did so well for 6 month earlier would have started to lose money. It would expect the trend to continue and would make false trades. The longer the market traded sideways the more money would be lost.

This is where the new adaptive Forex Robots take over. Forex Megadroid is the first of these robots recently launched onto the market. The developers of Forex Megadroid have coded this forex robot to react to changes within the market. Allowing the forex traders who use them to profit for longer. Developers are also constantly updating the forex robot for changes as they happen within the market the beauty of that is all updates are passed on free to the consumer. The program has a 96% accuracy rating.

Why should you pick Forex Megadroid above other Robots?

* Designed by Forex Experts and properly tested over a long time period

* Superior profitability

* 60 day money back guarantee

For more information about forex and forex robots visit please Income Forex.

Historic Currency Exchange Rate

2011-02-06T10:38:00.000-08:00

Historic Currency Exchange Rate: Nowadays systems like FAP Turbo can not only analyze market trends and patterns but also have the brainpower to adapt to heavy fluctuations in trades. Take the time to practice with your demo account. Dean Saunders 10 Minute Forex Wealth Builder is a very affordable eBook and video currency trading training course that is written for people who want to learn currency trading but who only have ten or fifteen minutes a day to spare for trading, and get more info about Historic Currency Exchange Rate below. If a firm price is quoted ahead of time for a contract using a foreign exchange rate that is deemed appropriate at the time the quote is given the foreign exchange rate quote may not necessarily be appropriate at the time of the actual agreement or performance of the contract.

A completely clueless person will obviously not know what he is doing with the FAPS. After all it's not called the LMT Forex Formula for no reason. On Friday I thought to check logged into my account and found that FAP Turbo had made me an extra $400 throughout the week on some EUR investing. Now this is what an individual would call passive income! Depending on where a person is in their investing career they may want more control or they may not want any responsibility at all. The robustness of its platform is also key to its ability to answer heavy data and information traffic. See more on Historic Currency Exchange Rate and Fap Turbo Forex .

But where do you learn who can you trust? I've found what I believe to be the best foreign exchange software available today and I'll tell you what it is! Before I do though I'd like to give you a brief overview of just how big the forex market is. 5 trillion dollars worth of trades are conducted everyday. See more on Historic Currency Exchange Rate. Another type of trading method being used and more popular among big businesses is the option trading method. Gold is an internationally recognized commodity which is why there are still holdings of gold. This action will increase the supply of his currency (thereby depreciating the value) in the currency exchange market and will decrease the supply of the currency (thereby appreciating the value of the currency) of the country where he is investing.
5% at the maximum. I figured this could be a fluke or beginners luck so I let it ride and reader let me tell you I was floored to find that by the next weekend I was up to $1400, also see more on Historic Currency Exchange Rate. I have been investing and trading in the markets for over ten years now and in another ten years I hope to learn all I have mentioned above.

Currency Options Trading Review - 2 Powerful Option Strategies

2011-01-23T22:35:00.000-08:00

While many traders like to trade forex. Currency trading options if used correctly, can give you two great advantages that can lead you to long term trading success. Let's take a look at them...

Here we will look at how to buy options correctly and take advantage of limited risk and unlimited gains and how to sell options and get odds of 90% success in your favour!

1. Option Buying For Big Gains

The person who buys an option gains a huge advantage and that's staying power. You don't have to worry about price swing against you in the short term, so long as your option trades in the money at expiry you win.

You have unlimited profit potential and strictly limited risk which is the premium you have paid for the option.

Most traders constantly get stopped out by price swings against them in the short term and buying options allows them to ride out these swings. There are two golden rules you should keep in mind when buying options.

The first point is to buy at or in the money options only and to have plenty of time to expiry.

Of course what most traders do is go for cheaper options a long way from the price and don't buy far enough forward. In betting terms these are long shots and you will lose, as the odds are not in your favour at all. 90% of options expire worthless so you need to do what most option traders don't.

You need to buy time and that means close or in the money options and if you have a sound forex trading strategy and do this, you can make a lot of money with currency options trading.

2. Selling Options for Big Gains

Let me ask you a question - How would you like to trade with odds of 90% in your favour?

Of course you would and you can by selling options. The option buyer of course has unlimited gains and limited losses and 90% chance of failure. The seller on the other hand, has a 90% chance of success, unlimited risk and a limited gain.

The key here is you have huge odds on your side and while the gains may be limited they add up, unlimited risk simply requires a spread of options and good money management.

Option sellers do the reverse of what a buyer does - You sell options, with little time to expiry to get time decay on your side and you sell out of the money options as the odds are in your favour.

Option sellers requires a good account size and you should spread your risk but with 90% odds on your side that options expire worthless and using the above tips to make even more income from market, you can build long term gains with the odds firmly on your side.

Currency options review trader's suits all traders novices will love the comfort of limited risk and buying time and the well capitalized serious trader will love the great odds he gets selling options. Look at the above in greater depth and you will find options are a great tool to lead you to long term currency trading success.A good trading for you!

Currency Options - 3 Secrets Of Options Trading For Huge Gains!

2011-01-23T22:27:00.000-08:00

Many traders love the idea of currency options, they have unlimited gains and limited risk - sounds great in theory, but in practice 90% expire worthless!

This article is all about how the pros use currency options to generate big consistent gains and how the losing majority don't understand the odds of success.

This article will give you 3 powerful ways to make huge money in currency options

Don't gamble with options!

Consider this simple scenario.

You're betting on a horse race and you have a 3:1 favourite and you have a 15:1 outsider.

Which one is the better bet?

Well, bet on the outsider and you have bigger winning potential, but betting on the favourite gives you a better chance of winning.

How often do you see a betting shop go broke?

Not very often they know the odds of success and the betting odds reflect this. It's obvious! Bet on the favourite.

Currency options and odds

In currency options though traders continually take the outside long shot bet.

They buy options way out of the money with short time to expiry and this means the odds of winning rely on lady luck.

If you want to put the odds in your favour you need to trade options for less potential gains but greater odds of success and this involves keeping in mind two points:

1. Buy at or close to the money

Don't take the long shot; buy at or in the money options, in strongly trending markets.

This way you have time for the trend to take a correction and move in the right direction and keep in mind a trend in motion is more likely to continue than reverse.

If you do this, the odds are more in your favour and that what currency options' trading is all about.

Brokers and guru's like to tempt you with the long shots and appeal to your greed, Don't listen, stay with at or in the money currency options and only trade trending markets - this scenario is where your chances of success are highest.

2. Get time on your side

FACT: The shorter the time to expiry of currency options the greater the affect of time decay.

Many traders think these options are cheaper (they are in terms of cost) but not in their odds of success!

Make sure you give yourself plenty of time and keep it on your side.

Buying in or at the money currency options with a lot of time value costs you in terms of profit potential. However, potential that does not become cash in your bank is just that - potential.

Keep in mind the horse betting scenario earlier. Do you know someone who bets on the outsider and wins consistently? I don't.

Keep profit potential realistic

Ok, so you have less profit potential, but you have greater odds of success.

Now let's look at the best strategy of all.

3. How to trade with odds of 90% success

Consider this 90% of currency options bought expire worthless.

On the other hand, the person who has sold the option has profit odds of 90%.

The real way to make money is selling options. What options do you sell?

You guessed it already! Options out of the money with short time to expiry.

In reality option selling looks a bad bet - unlimited risk for a limited reward, but keep in mind the odds are hugely stacked in your favour.

Huge consistent gains

To sell currency options you need to be well capitalized and take short term swings against you. However, if you sell out the money options with time decay killing them and you spread your risk, you can pile up huge gains over time.

The above is not rocket science! Its common sense, you don't get anything for nothing in financial markets and limited risk and the unlimited rewards of currency options comes at a cost.

Understand this and you are well on your way to making income from forex .

If you are small trader be patient and take the high odds of success for lower potential gains. If you are large trader sell options and take advantage of the majority of mug traders who are keen to give you their money.

Currency options can make you money follow the above and get the odds on your side, that's all you can do in financial trading and over time you could pile up some huge profits. Good luck!

Currency Options Trading - Your Top 8 Questions on How to Consistently Profit With Forex Options

2011-01-23T22:12:00.000-08:00

The ability to trade with high leverage as well as have freedom in choosing direction in the forex market has led many people to seek profits in currency trading, but few have considered the benefit of using options to trade the forex market. Most people either don't know that they exist or are disappointed to find just generic strategies or advice for trading currency options. If you want to get your piece of the currency options market you need to learn and implement the strategies that the pros use into your trading. Kris Matthews answers common questions about currency options trading and reveals some secrets for making money in this market and avoiding the newbie mistakes.

1. How can I use currency options in my trading to minimize my risk and maximize my return? Currency or "forex" options have built in risk protection when you buy them. For a time period that you fix when you buy an option, price can move an unlimited amount against your intended direction but you'll never lose more than the premium you paid. If price comes back, you still gain a profit, without ever getting stopped out! In this way your risk is controlled but you can make unlimited profits.

2. How is currency options trading different from regular forex (spot) trading? In typical forex trading, your position increases in value if you buy a currency pair and it goes up in value, while you lose for every unit it goes in the opposite direction. Simple enough, right? Options are special in that the more the currency pair moves against your direction, the rate of money you lose slows down and hits a limit, and yet your profit potential is unlimited if the market moves in your direction. Furthermore, by combining two types of options, known as "calls" and "puts," you can construct trades that don't depend on you getting the direction right! In fact, if you are better at guessing what price levels the market won't touch, you can make money that way as well with currency options trading. You can't do this with regular forex trading.

3. What's the secret to profiting with currency options trading? In few other industries do you hear of as many tricks, strategies, esoteric jargon as options trading. You'll hear of such strategies as "strangles," "straddles," "iron butterflies," and more-but these are all just tools and aren't the holy grail to riches that most educational sites tout them to be. If you want the "secret," you need to do three things: 1. Determine the volatility and 2. Determine the direction of the currency pair of interest, and 3. Get time on your side. For the first point, you need to ascertain whether the market is in a high or low volatility environment. If price had a very large directional move over the last few months and formed a recent high and low on a daily chart, you're likely entering a ranging, low volatility environment.

If price has been ranging for a few months and suddenly broke out strongly, you may be entering a high volatility environment. If volatility is high, buy options. If it is low, sell options. Secondly, learn how to gauge sentiment in the forex market, because that's what drives the market in the time frame you're interested in: not fundamentals or technicals. Align your options trading with the correct direction-if sentiment is bullish, buy call options or sell put options, and if sentiment is mixed, you may not have an opinion on direction and should either buy both calls and puts or sell both. Thirdly, you let time become your ally by selecting currency options that expire far enough in time from today such that you don't fall victim to the short term randomness in the market that shakes out the newbie traders.

4. How do I trade currency options with the highest chance of winning? Trading currency options with a high win rate means that you judge volatility, price, and time well. If you can guess whether price action of a currency pair will be calm or explosive, whether it is likely to drift up or down, or neither, and how long of a time period you should allow for this to happen, you stand the best chance for profiting handsomely in this market. I can hear you now: "Well I'd own the world if I knew all that information ahead of time!" Yes, but successful options trading is about making educated guesses, not being right. Out of these three things, I find that the item that really boosts my edge is figuring out price direction with sentiment. I use indicators such as the COT report, currency strength meters, price reaction to news events, and behaviors of related futures instruments.

5. I'm just getting started and am suffering from information overload while I learn to trade currencies. Will options trading make this worse? This is where options get a bad reputation, but for poor reasons. My partner instructor, Paul, and I teach very simple strategies that involve entering no more than 3 options together at a time (meaning you would buy or sell 3 different options at a time), and we only use a few strategies that each work in different market environments (ranging OR trending) so you'll be prepared for any type of price action. Learning these strategies is rather simple and gives you a better idea of how volatility and price action work in the currency market.

6. Can currency options be used for short term trading? Yes, but I don't see the benefit in short term trading. You are just leveraging higher to capture more money out of smaller moves, are paying more for spreads, and have to deal with short term randomness of price action. Why not capture larger moves, pay lower spreads, and free up more time for your family and your hobbies by trading the medium or longer term?

7. Which brokers offer currency option trading? More platforms are starting to offer forex options trading as it is becoming more popular. For over-the-counter (OTC) retail trading, the better known ones are SaxoBank and Core Options. You can also trade options on CME/Globex currency futures, and options on the PHLX if you have a stock trading account. We are coming out with an OTC forex options broker platform that will be cheaper than current ones.

8. What kind of commissions/spreads do I have to pay for options? Are they expensive to trade? Options are a bit less liquid than the normal ("spot") forex market, so the spreads are slightly higher, but if you are trading medium to longer term it should not matter. I would say that they are not that expensive at all. With typical over-the-counter (OTC) forex options brokers, you won't pay commissions, but spreads can be from 5-20 pips depending on how exotic your currency pair is.A good trading for you!

Forex MegaDroid Review - Is Forex MegaDroid For Real Or Simply the Next Big Hype

2010-05-19T08:11:00.000-07:00

Forex Megadroid Platinum

Looking for a Forex MegaDroid review? You have come to the right place. We have gotten our hands on this red hot product, taken it apart, and tested it out. Does MegaDroid live up to the hype? Or is it simply a Forex robot scam? You will find out below.

Forex Megadroid was released on March 31st of 2009. The product was created by Forex trading legends Albert Perrie and John Grace. They have based the software on the types of strategies they have used to make a fortune over their 40 years of experience in the market.

This Forex robot uses a cool new technology known as Correlated Time and Price Analysis (RCTPA). What this does is helps the robot make trades in the present by quickly calculating years of similar looking market conditions in the past. The Forex market like any other will follow specific patterns and Mega Droid will use years of back testing to profit from those patterns.

Now the hallmark of Forex Mega Droid and why it is creating such hype is the fact that the program is the first Forex robot to have artificial intelligence (AI). What this means is instead of simply taking the same trades over and over, if one trade is a loser the robot will learn from the experience. It will then factor in why that trade was a loser and use that valuable information for later trades.

This is incredibly valuable because the problem with most Forex robots is they stop working after a certain amount of time. Forex MegaDroid learns from it's mistakes and is constantly adapting to market conditions.

Forex MegaDroid Results

This Forex MegaDroid review would not be complete without posting some initial results from our testing of the product. Now keep in mind this product is still very new, so these numbers COULD change in the future. The initial results have been pretty staggering. Forex MegaDroid has shown a 95-96% win percentage on trades and tripled one of our accounts.

The best part is the robot was very good at limiting losses by not riding costly drawdowns. A high win percentage with minimal losses are the signs of an EXCELLENT automated software.

Before jumping in I recommend learning a little more about the program. But there is an awful lot to be excited about with this one.

As Seen on CNN, CNBC and FORBES:

Want to unlock the secret to automated Forex profits? At Forex Robots Reviews, I have cut through the hype to tell you which robots are real money makers and which are complete scams. Don't spend a dime until you have gotten the REAL truth about Forex robots.

Forex Megadroid Robot: Exclusive Bonuses Included From The $25,000 Live Forex Course Held In Vegas!

Will FAP Turbo Outperform Forex Megadroid?

Forex Megadroid Vs. Fap Turbo!
Reviews and Comparison

The evolution of FOREX robots in the market has been highly beneficial to traders. Individuals and even beginners had their higher chance of increasing their trading profitability with the help of these machines. Even expert manual traders have diversified to automated trading. All these robots have high claims. All seems to give you an almost perfect accuracy rate. But the truth is none can guarantee a perfect prediction of the movement of the market. None can give you instant wealth. But having one robot is better than having nothing especially if you are new to this business. Just don't depend too much on these machines there are still chances that it may not be able to deliver what you expect. It should be able to help you with your trading but don't neglect your responsibility of mastering how the Foreign Exchange Market work.

However like any other machines that were invented, these FOREX robots are continuously evolving. New and better robots are being introduced to the market from time to time. The better the software is the higher your chance of winning the game. It will serve as your shield against this money war, but remember that you are still the one deciding what will be your next move. Two of the popular and newest machines nowadays are the FAP Turbo and the FOREX Megadroid. All robots were designed differently. But how does these two differ? Both have good claims and have consistently performing well. Will FAP turbo outperform FOREX Megadroid?

FOREX Megadroid is the first to use an AI technology called the Reverse Correlated Time and Price Analysis (RCTPA) making it able to work on multi market conditions. The FAP turbo is built with the High Spread Protection System (HSPS) and Built in Loss Prevention (BILP) for large investment portfolios and long term trading.

FOREX Megadroid is designed to be invisible to brokers. No broker can identify that you are trading with this machine, while FAP turbo is visible to them.

FOREX Megadroid trades only in a one hour time frame and for one currency pair, Euro and Dollar. This enables the robot to focus on its analysis therefore giving you a higher accuracy rate. The FAP turbo on the other hand may give you many profitable trades per day because it trades in every currency.

A FOREX Megadroid robot will cost you $97 while FAP turbo is $149 and is priced with a purpose.

Whether you choose Megadroid or FAP turbo, the success of your trade still depends on you. Study how the market works and practice through demo accounts. Use a robot that will fit your trading style.

Forex Megadroid Platinum

Guaranteed 95.82% Accuracy, TOP Forex Automatic Trading Robot
Forex MegaDroid Indisputably Proves A Robot Can Trade With 95.82% Accuracy In EVERY SINGLE Market Condition And At Least Quadruple Every Single Dollar You Deposit. 38 years of combined Forex trading experience delivers Megadroid RCTPA Technology. This is what will take you from being an average Forex trader to a top gun pip pulling machine.

Get 75% Discount and Special Bonuses On Forex Megadroid ONLY from Here! The TOP Performing Forex Trading Robot Available (As seen on CNN, CNBC, Forex Traders) See Video, Download Software HERE.

AFTER 21 YEARS:
WE FINALLY SETTLED THE SCORE

“Forex MegaDroid™ Indisputably Proves A
Robot Can Trade With 95.82% Accuracy In
EVERY SINGLE Market Condition And At Least
Quadruple Every Single Dollar YOU Deposit”

IMPORTANT: EVERY SINGLE MARKET CONDITION:

NOTE: Click Here For Trade-By-Trade Results
2009: 1,193.40%
(210 days)
2008: 623.84%
2007: 612.91%
2006: 333.05%
2005: 810.70%
July 30th, 2009 Update: 853.08% NET Profit in the last 122 days!
1,193.40% NET Profit so far for 2009 (210 days)

WE SETTLED THE SCORE:

The Next Level In Automated Forex Robot Trading: Multi-Market Performance, Turning $1 Into $4 In EVERY Market Condition

“Advanced Artificial Intelligence: Extreme Performance, Extreme Accuracy... Unheard Of CONSISTENCY... A New Artificial Intelligence Frontier Has Been Established...”

Use the "scrollbar" to view the list of trades From Year 2001 to 2009

Forex Megadroid Platinum

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