Tuesday, December 1, 2009
Hello,
Hello,
I am Nadav, the head of the Great-Info-Products.com product review team. My job is to ensure that you get the most accurate picture about any possible product, and that include the Forex Boomerang.
So what is Forex Boomerang? It is an EA, or "Expert Advisor". Actually, it's a little piece of code programmed especially for the MetaTrader 4 platform. All it does is look for good opportunities in the forex market and trade accordingly. Nothing less, nothing more.
Purchasing and installing the system were much easier than other EA's. All I had to do is click the "Order Now" button and then follow a simple set of instructions. There is even a short video on this page explaining the process in more detail.
After turning it on and letting Forex Boomerang run for a few days, I discovered that, of course, like every trader, Forex Boomerang is not perfect. Besides all the hype people try to create, this system does make a losing trade occasionally. However, it is programmed in such a way that the winning trades are much larger than the losing ones.
The benefits of Forex Boomerang, as my team and I noticed, are obvious. You really don't need any trading experience, so you can earn money without any knowledge. You just need the ability to click a mouse and follow simple instructions. Anyone can simply download Forex Boomerang, install it, and start receiving good paychecks.
One problematic issue with Forex Boomerang is their customer support, which can take a long time to respond. However, keep reading to discover our special bonus.
Monday, November 30, 2009
The Forex Ace System,
The Forex Ace System, which has been created by Jason Nguyen, is a mechanical system that doesn't need any subjective analysis from the user. The system says to trade or not and that is it.
It provides the trader with a signal to enter the market up to 24 hours in advance. This is a fairly unique benefit among the products on offer in the forex system marketplace.
The system tells you when to cut your losses on a trade that is going against you and when to stay out of the market completely.
The creator claims that the system can be used by traders at all levels of experience.
Forex Funnel
Forex Funnel is one of the newest Forex trading robots to enter the market. They have a fantastic back testing graph on their homepage showing a very smooth upward equity graph, with a high success rate, low drawdowns and a net profit of more than $400,000 from 4 years of trading.
Forex Funnel
I spent hours online looking for actual customer reviews of the product, but all I found was general overviews containing exactly the same info that was already available on their webite, which isn’t a lot. So I decided to purchase the product and see for myself if it really is the profit pulling system that they say it is.
..So is Forex Funnel the real deal or is it a scam ?
After testing the system for a week I can say that this product is definitely not a scam, but it is also not suited for everyone. Forex Funnel uses a high risk, high reward trading strategy that can make you a LOT of profit, but it can also wipe out your account quickly if you are not careful.
Compared to Fap Turbo (the most popular Forex Trading Robot), Forex Funnel is a much more risky system that requires nerves of steel and a lot of starting capital to achieve roughly the same results. Nevertheless, if you are looking for an exciting system that produces high returns and you are prepared to take the risk, then Forex Funnel could be the product for you. See the full review below for more details.
Friday, November 20, 2009
Some useful tips for great online currency trading:
There are a number of research resources that offer you dedicated advice and guidance on how to make the most of the options trading forum accessed. Some of the online forex trading tips offered by the professionals include:
Buy when the price of a particular currency is low. When you find a shift on the higher side, sell and make a profit. You could avail of the online back up facility for this. Make the most of every training opportunity offered by marketing services to achieve the desired success. Lack of forex training and appropriate preparation reduces your chances of succeeding in the highly volatile market.
Make the most of available resources for online Forex trading. These come in the form of access to guiding manuals, information websites, technical and fundamental analysis of the market, charts and news-updates registered with the system and even hands on training online. The forex reviews and market trends based on stock research should also be made accessible.
Look for online forex trading websites that enable you to start insider trading and learning with a minimum possible investment from your home office. However, before you start, you should always read the terms and conditions carefully, especially the disclaimers and risk warning fine print to avoid being a part of any work at home scam.
Implications while trading online:
It is good to remember that forex is a legitimate work from home business. And, like any other business, it too has its own unique ups and downs. You need to familiarize yourself with the foreign direct investment trade platform and only then consider larger trades.
The system that monitors the clams
Forex is a buying and selling method also referred to by the name foreign market exchange or FX. Businesses and people dealing in FX are in the main the most wealthy business enterprises and financial institutions from around the world. Their transactions include multiple monies from various countries to create a balance as some are going to acquire money and others are going to lose money. At the fundamental level, forex trading is largely comparable to that of most countries, only with a much wider scope. Forex buying and selling involves individuals, monies and dealings from all across the globe in more or less any nation.
The rates of currency are constantly shifting so what the value of the dollar may be one day could be higher or lower the next. Forex trading can be hard to keep track of so you must dedicate yourself to keep a watchful eye on your money, particularly if you’ve got a lot riding on it, you could lose large amounts of money. The main trading areas for forex, happens in Tokyo, in London and in New York, but there are also many other points around the world.
The most heavily traded currencies are those that include (in no particular order) the British pound, Australian dollar, the Swiss frank, the Eurozone dollar, the US dollar and the Japanese yen. You can cross-trade currencies and you can intermingle one currency trade to another to acquire extra money and daily interest.
The areas where forex trading is taking place will open dependent on time zone and then close shop as a different market enters the fray. The same thing is common between global stock exchanges as some time zones are actioning transactions and trading during different time frames. The results of any forex trading in one country could cause different results and a different outcome in other forex markets as time zones dictate the opening and closing of forex markets. Exchange rates are going to vary from one forex trade to another, and brokers and day traders alike will want to know the rates between currencies each day before investing.
The stock market is generally based on various products and their value as well as other financial factors that will shift the share values at any time. If someone knows what is going to happen before the general public, it is called insider trading, the use of illegal business intelligence to buy stocks and make money - which by the way is illegal. There is very little, inside trading in the forex trading markets. The monetary trades, buys and sells are all a part of the forex market and none of this is because of inside information leaks, but rather it depends on the state of currencies and economies around the world.
A three letter code is attached to every currency on the forex exchange so there is no misunderstanding about which currency or which country one is making transactions with. The euro is the EUR and the United States dollar is listed as the USD. The British pound is the GBP and the Japanese yen is recognized as the JPY. If forex trading seems interesting to you and you want to get in touch with a forex brokerage you can find many online where you can review the company, information and transactions before putting your money into the forex stock exchange.
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Currency Forex
Let us begin with the instruments that are traded in the forex markets. The reason for this is simple; the basis of currency forex trading is to exchange one currency for another.
The most widely traded pairs are the england Pound and the US Dollar (indicated as GBP/USD), the euros rate and the US Dollar (the EUR/USD pair), the Aussie Dollar and the US Dollar (AUD/USD pair), the USD and the Japanese Yen (USD/JPY pair), and the canadian currency Dollar and the USD (USD/CAD pair). These pairs account for well over 80% of the total volume of the trading in the forex market.
First currency is called the base currency, over which the second one is countered to imply the price of the pair, or commonly referred to as the "cross currency".
Second is therefore called the quote currency and the pair price is recorded in terms of the units of the quote currency required to buy one unit of the base currency.
The bid price is the exchange currency rate at which your forex broker bids to buy the currency at, while the ask price is the rate the forex broker is asking to sell the currency to the forex trader. The bid price will always be less than the ask price and the forex trader will buy at the ask price and sell at the bid price.
Forex Tracer Review
Forex Tracer is another product from NC Media, a group known for its high quality products and services. Our forex team has been priviledged to try Forex Tracer in order to provide our opinion about this program.
Forex Tracer is an expert advisor working with MetaTrader (which can be downloaded for free). An Expert Advisor (EA) is a piece of software that can trade the forex market on itself using MetaTrader. The trades are done according to a set of rules which was programmed by a professional.
The download page of Forex Tracer is very user friendly. It includes everything from the download link to the support email. If we first knew NC Media to be a serious media provider, we are now sure about this fact.
The download itself is a zip file with two files in it: one is the instructions file and the other is the Expert Advisor itself. We installed MetaTrader and the Expert Advisor according to the instructions and let it run.
The first trade started horribly wrong, with quite a big starting loss, as you can see here (the blue arrow is the entry point). Also notice the words "Forex Tracer" on the upper right corner:
The trade did not exit yet, and we wanted to see how it can handle this situation. Apparently, the makers of Forex Tracer know what they're doing. After a day the trade recovered and managed to close with a profit of $180:
Some days later, the United States job report was given. This made the EUR/USD pair rally. The makers of Forex Tracer really showed they know what they do, and Forex Tracer managed to make $1380 from the job report alone.
As you can see, Forex Tracer is indeed a superb Expert Advisor that can make you great sums of money. All you have to do is follow what it says and ride the trends. Its simplicity and ease of use make it possible for anyone to profit in the forex market.
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