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Posts Tagged ‘Forex Software’

Forex Apocalypse Review and download

November 9th, 2009 No comments

Forex Apocalypse is a forex robot that will help you trade automatically 24 hours around the clock in the foreign exchange. The expert advisor is designed by Micheal Wright, the Founder of FX Trading Bots who are dedicated to producing high quality Forex robots. The trading strategies used inside Forex Apocalypse are catered for long term trading and not for short term scalping. It only looks for existing trend to trade in and does not trade on consolidation or breakout conditions. The default stoploss is at 250 pips and take profit target is at 600 pips. The expert advisor can work on all currency pairs. Your trading capital can be as low as $100. Forex Apocalypse works with all FX brokers as long they are using metatrader platform. The system doesn’t hedge and thus the NFA regulations do not affect this forex robot.Forex Apocalypse comes with future free upgrades so as to deal with the constant changes in the currency exchange market. Here are some of the trading results taken from the homepage: Winning trades of $4,000, $6,000, $8,000, 100% on autopilot. Went 14 months without making a single losing trade. Over at the homepage, you will see how an account of $3,000 was transformed to over $170,000.

When I first heard about Forex Apocalypse I was told that it was ‘unstoppable’ and could help generate huge amount of income. So naturally I was extremely keen to get my hands on a copy and find out for myself whether or not this could really perform as well as I was being told. Claims like this from the product developer are sure to get a lot of attention. Everyone who has read it will have thought about how much money they could generate if this robot really could achieve a 100% winning strike rate. I’ve reviewed many trading robots in my time and have heard these kind of claims before; every robot claims to make huge wealth but sadly not all do. The only true way to find out is to test it and see the results for yourself. To save you the hassle of buying first I have tested Forex Apocalypse and I am happy to share my results with you, so if you are seriously considering buying a Forex robot, you owe it to yourself to read on. Lets take a closer look…Forex Apocalypse – What Do You Get? The Apocalypse trading robot is 100% plug and play (or drag and drop in this case), so you are able to get the software up and running within minutes of ordering, and also have the ability to run the robot in a test account without using your own money. This will help you make your own decision on whether it will work for you, without any risk. The user manuals included are worth a read if you are new to Forex, they will guide you through set up quickly and efficiently, although most people won’t even need help as it really is a piece of cake. I found the rest of the instruction manual pretty painful to read as I already know everything that was covered and to read it all was like being taught how to ride a bike again. However, if you are new to trading then you will find some helpful information included. One really important aspect of Forex trading is understanding money management. This is what most traders fail to understand, and most robots fail to implement effectively. All successful traders have strategies that work to protect their trades, minimizing the risk and therefore the overall loss. Any trader who claims that they do not have losses is not being truthful. We all lose trades, but the best traders understand how to minimize their losses and protect their profit. The Forex Apocalypse developers have certainly spent a serious amount of time developing this side of the robot. I don’t know the strategies they work to but from what I have seen so far I am happy with the level of profit to loss. Also included is a ‘Bonus Report’ that claims to lift the lid on secrets that only the professional traders know! Could this be true? The reality is that I’m not allowed to say to much here as Michael Wright, the head developer is adamant that this is kept for only those that purchase the robot. Is it groundbreaking information? Not fully but there are some bits that I am surprised he has shared.

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==> Forex Apocalypse

Easy Forex Australia

October 27th, 2009 No comments

Easy-Forex™ Australia Trading Platform, founded by a group of bankers, Forex and Internet experts, offers Forex traders direct access to the global currency markets. Easy-Forex™ revolutionary Online FX trading platform is the first online FX trading system allowing clients to deal Forex as a consumer product. Through its real-time Forex trading platform, Easy-Forex Australia offers complete Forex Dealing room services, 24 hours a day. In addition, Easy-Forex provides you updated with proprietary Forex trading news and information from Australia and a forex tips and help centre.

Easy Forex Australia is a market maker.

Since most Currency deals are made by (individual and organizational) traders, in conjunction with market makers, it?s important to understand the role of the market maker in the Forex industry.

A market maker is the counterpart to the client. The Market Maker does not operate as an intermediary or trustee. A Market Maker performs the hedging of its clients’ positions according to its policy, which includes offsetting various clients’ positions, and hedging via liquidity providers (banks) and its equity capital, at its discretion.

Banks, for example, or trading platforms (such as Easy-Forex), who buy and sell financial instruments make the market. That is contrary to intermediaries, which represent clients, basing their income on commission.

By definition, a market maker is the counterpart to all its clients’ positions, and always offers a two-sided quote (two rates: BUY and SELL). Therefore, there is nothing personal between the market maker and the customer. Generally, market makers regard all of the positions of their clients as a whole. They offset between clients’ opposite positions, and hedge their net exposure according to their risk management policies and the guidelines of regulatory authorities.

Market makers are not intermediaries, portfolio managers, or advisors, who represent customers (while earning commission). Instead, they buy and sell currencies to the customer, in this case the trader. By definition, the market maker always provides a two-sided quote (the sell and the buy price), and thus is indifferent in regards to the intention of the trader. Banks do that, as do merchants in the markets, who both buy from, and sell to, their customers. The relationship between the trader (the customer) and the market maker (the bank; the trading platform; Easy-Forex; etc.) is simply based on the fundamental market forces of supply and demand.

Definitely not, because the Forex market is the nearest thing to a perfect market (as defined by economic theory) in which no single participant is powerful enough to push prices in a specific direction. This is the biggest market in the world today, with daily volumes reaching 3 trillion dollars. No market maker is in a position to effectively manipulate the market.

The major source of earnings for market makers is the spread between the bid and the ask prices. Easy-Forex Trading Platform, for instance, maintains neutrality regarding the direction of any or all deals made by its traders; it earns its income from the spread.

The way most market makers hedge their exposure is to hedge in bulk. They aggregate all client positions and pass some, or all, of their net risk to their liquidity providers. Easy-Forex, for example, hedges its exposure in this fashion, in accordance with its risk management policy and legal requirements.For liquidity, Easy-Forex works in cooperation with world’s leading banks providing liquidity to the Forex industry: UBS (Switzerland) and RBS (Royal Bank of Scotland).