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Elite Expert Trader Forex Portfolio

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Elite Expert Trader Forex Portfolio

Elite Expert Trader is a suite of Expert Advisors and other tools for the Meta Trader 4 platform. It includes a portfolio of automated trade robots that will trade your FX account for you, automatically. Strategies have been tested and developed over the past 10 years.

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Posted in: product reviews Comments(0) April 2009

Currency Trading and Forex 100 Success Secrets - 100 Most Asked Questions on becoming a Successful Currency Trader (Kindle Edition)

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Currency Trading and Forex 100 Success Secrets - 100 Most Asked Questions on becoming a Successful Currency Trader

This book hits the mark, it is perfect for getting the big picture view of Forex trading. Not only does it cover the technical and fundamental aspects that a successful Forex trader needs to know, but it covers the other all important topics too, like risk analysis, trade plans & journals, trade reviews and having the right mindset to be a successful trader. All with no Fluff! What this book WILL do for you:1. Make you aware of the main points to keep in mind with trading currencies.2. Tell you exactly where to look for more information3. Will not overwhelm you with tons of nuances and indicators4. Give you a thorough understanding of money management5. Allow you to make a detailed checklist of what needs to be in place before yo (more…)

Posted in: All News Comments(2) April 2009

Beginning in Forex Trading - By Forex Ace!

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Foreign exchange (forex) currency trading, is by far the largest financial trading market in the world, requires a minimum of capital to invest so the profits can be substantial. When one has learned the basics of forex, you will be on the way to making money through the numerous instances of buying or selling of currencies. Forex trading is instantaneous; as soon as you click the mouse, itís done. The most commonly traded currencies, easiest to liquidate, are the U.S. dollar, Japanese yen, British pound, Swiss Franc, the Canadian dollar, Australian dollar, and the Eurodollar.

Unlike the stock market, forex trading has no central exchange. With forex, you can make a profit whether the market is up or down vs. only making money when the stock market is on the rise. By taking the long or buy position with a pair of currencies, the forex trader buys at one price and sells when it reaches a higher price. The other option for the forex trader is to go short by selling currencies, anticipating depreciation, and then buying back when the value falls. The forex trader can pick either direction, long or short, and if correct, he or she will generate a profit. You can also build up a certain point (limit order) based on the amount of profit you want to earn to limit the order. In the same essence, you can terminate or close an order to liquidate if the trading position is going against you.

In general, the strength of a country’s economy determines the value of its currency. Other factors to take into consideration in forex trading are the political and social status of the country, interest and employment rates, and the overall stability of its government. You will learn to see patterns or trends as you become more familiar with the in’s and out’s of forex trading.

The Forex market is a 24-hour trading place, Sunday through Friday, giving you the option of trading at any time of the day or night. Unlike the stock market, it doesn’t close with the ringing of the bell. Forex online firms provide demos, guidance, and market news for the beginning investor. You can practice your skills in forex trading before actually investing real capital. Once you’ve learned the fundamentals of trading, a minimum investment is made, sometimes as low as $200.00. These “mini and micro trading” accounts are a good way to begin forex trading and often there is no commission attached to your trading. You do not have to be a seasoned market analyst or economical genius to learn, enjoy, and make money with currency trading.

Posted in: Uncategorized Comments(7) February 2009

The Forex Raptor’s Learning Curve?

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As of recently, I had tested a copy of the Forex Raptor Forex Raptor Trading Software, which was developed by Steven Lee Jones, a highly successful trader (And that is putting it lightly,) who wanted to give people to use the software that has helped him win in the game of forex.

Being in the forex game for nearly a couple of years now, I was for one not really a successful trader to begin with. At my best, I would have modest gains of around 5-20 pips a day here and there, and once in a rare while, either get a huge windfall on a news blowout, or lost my shirt for that day.

So tell me if you are interested in a system, that you need to do only a limited if even NO technical analysis! Now imagine telling me, that you are a skeptical bunch, who happens to be probably thinking “NO Tech Analysis? ARE YOU OUT OF YOUR FREAKING MIND?” I, like you was skeptical also! I wanted to find out more about this.

So, Steve approaches me, and asks me to do a review for his product, the Forex Raptor. At first I was thinking that it was going to be one of the numerous software products on the web. “Oh, it must be another Forex Killer rip off, or some trading Robot called Karl the tripling machine.” I had in thought. But reading through the sales page, I was trained on one aspect that really caught my eyeballs.

One of the core benefits that I had realized, is that this Forex Software title, is just not a glorified and rebadged signal software. The Forex Raptor, just happens to have an ability to Interface with Metatrader 4! Matter in fact, the Forex Raptor happens to interface with Metatrader 4 in order to perform it’s own mathematical calculations, and uses historical data! That is truly a ones up on Forex Killer, which happens to ask you to find the historical data by manually typing in the last 10 OHLC candles, or learning how to export csv files, to load into the software. The Forex Raptor does this on it’s own with very little intervention from the trader.

So, if there is a logical connection between Metatrader 4 and Forex Raptor, I wonder how the curve is on installation? Actually it is only moving a few files, which are covered by not only a text tutorial, but also a video series that you can download when you download the Forex Raptor. the Forex Raptor uses the .NET Framework, so it may take a couple of minutes if you do not have the .NET Framework already installed, but it is cake afterwards.

Support:

Customer support is top notch, and if you are having problems with installation or just have a question/concern, expert forex traders are more than ready to help you if such arises. There are some periods where customer service will only cover install issues, but usually the downtime is used constructively building a better system, or writing a faq/manual to cover all topics.

 

My Advice:

It comes with a 60 day guarantee. Give it a shot, it might just very well be a great self-contained forex trading solution for those who need a solution that can do the analysis work for them, and of course automatically place trades for those who are too squeamish to place certain trades. Try it out on a Metatrader 4 broker platform first, and then when you get the hang of it, throw it on LIVE! 

Check out the Forex Raptor!