Showing posts with label Three. Show all posts
Showing posts with label Three. Show all posts

Wednesday, 13 October 2010

Forex Roboteer Review - Automated Forex Software Doubling Your Money in Three Months


The Forex Roboteer is an automated trading software developed by Peter Parsons. Peter was trading for more than 15 years on the foreign exchange market but his trading was limited because of two reasons:


he was trading manually and
he had to tweak the settings of his Forex trading systems on a daily basis.

This took him a lot of time, time which he couldn't use to trade on the FX market. Therefore, he spent 3 years researching Forex optimization and used this experience to develop the Roboteer software with the accompanying optimization service.

Here are some of the features of the Roboteer software:


The trading software is the first automated trading software which uses three different trading systems to trade the EUR/USD currency pair.
The software comes with an atomization service which puts the software on automated pilot 24 hours a day during the Forex opening hours.
The trading robot averages about 4 trades per day and generates up to 83% of winning trades while trading the FX market.
The automated robot comes with a fully automated money management module.
The automated software even detects the type of the account (micro account, mini account or a regular account) and the size of the lots.
The software comes with a very detailed manual and free updates for life.

The Forex Roboteer software doubled the size of Peters trading account in only three months time. This year alone (as of the end of February) the Roboteer added an average of 23.1% to his three trading accounts. 








Read more about the amazing profits of the Forex Roboteer and get it right now so you too can generate easy PIPs!

This article was written by Philip Ljungberg, an expert in Forex Software. As a respected journalist of Forex technical analysis Philip has looked into a variety of Metatrader robots and knows which Forex concepts generate the highest profits.


Tuesday, 12 October 2010

Three Simple Trends You Should Not Be Fighting

I’ve been discussing this ‘triple-play’ extensively in the Weekly Reports, but I wanted to pull the perspective back and show the pure price moves that seem to be tripping up a lot of traders right now.

I often show in blog posts and in member reports that the picture can become clearest without a myriad of indicators or complex methods. The last month has been a resounding victory for simple charting methods and a defeat for complex methods.

Let’s take a look at the three trends that have materialized and will continue indefinitely until price breaks respective trendlines.

First, the “weakening” Dollar:

Next, the corresponding surge in Gold:

The relationship between these two has been stable – in that the Dollar has been steadily declining as Gold has been steadily rising.

In such environments, we return to simple Technical Analysis 101 principles that state:

“Trends, once established, have greater odds of continuing than of reversing.”

The over-arching explanation for the move seems logical and clear:

The Federal Reserve is all but guaranteeing additional quantitative easing? for the economy, and now that strategy has gone beyond the United States to involve other countries, notably Japan, who are willingly weakening their currency to provide economic stimulus measures.

Currencies are in the cross-hairs, and gold is surging as a ‘consequence’ of currency weakening measures – measures designed to stimulate the economy.

And what’s the final trend you shouldn’t be fighting?

If the Government/Federal Reserve is successful at saving a weakening economy, then we would expect the economy to recover/strengthen, and thus stock prices will rise (even though the Fed is looking to add Treasuries to its balance sheet to keep yields low).

Cue the S&P 500 chart:

Sometimes you have to take a chart purism – or specifically price purism – viewpoint and go with that.

It looks like the last couple of months – and perhaps going into the near future – will be a potential continuation of these moves.

And as long as these markets remain above or beneath their respective short-term trendlines, you fight the trends at your peril.

Trends can’t persist forever, but they often persist longer than most people think they will.

If you feel absolutely compelled to fight these trends, do so on confirmed trendline breaks – not until.

Corey Rosenbloom, CMT
Afraid to Trade.com


View the original article here