Your Questions About Ea Forex

December 21, 2011 by Forex Guide  
Filed under Forex Account

Sharon asks…

How to get more pips in forex trading?

How to get more pips in forex trading? How about using autotrading such as Expert Advisor (EA)? Have anyone can share profitable EA for free?

Forex Guide answers:

Common Sense is right.

To make money in this market, you need to pay your dues first–learn everything there is to know about making money in forex trading.

Richard Dennis once said that even if he were to publish his trading secrets in the leading newspapers, not everyone who will use it will make money.

There are traders who make money trading with the simplest trading methods. As Alexander Elder said, the three keys to long term success in the markets are Mind, Method and Management.

The goal of a good trader is not to make money, but to trade well.

Good luck!
- jim http://jsforex.blogspot.com

William asks…

Anyone know of any good Forex Robots or Membership clubs?

I have looked at a few – Fap Turbo, L.M.T Forex, Forex Megadroid, Forex Ambush 2.0, Forex Gridbot, Forex Automoney and Forex Tracer. Its all a bit confusing and need some advice from anyone who has used any of these EA‘s or are a member of a Forex club.

Forex Guide answers:

The forex market is highly risky and there a lot of suspicious offers been made. If a robot can guarantee you just 20% a month than in less than three years a $1000 dollar investment can turn into half a million dollars. When it sounds too good to be true it probably is. The only way to make money in the forex market is to put in the hours to learn about the market and experience trading as much as possible.

Laura asks…

What is a forex expert advisor?

I have seen many ads on the internet that say something like this:

We are offering you, 2 of our best sellers Expert Advisors, select 2 from the next list:

SAFE NEWS EA or

CORRELATION HEDGE EA or

TRADE THE CABLE EA

I want to kow what this is talking about, and what a forex expert advisor is?

Thanks.

Forex Guide answers:

First of all Bob needs to get his facts straight. Forex is NOT a futures market. Because it’s highly leveraged like futures doesn’t mean it’s futures. Forex is the currency markets, where you trade a currency pair like the EUR/USD or USD/JPY.

Is it risky? Yes. But so is driving. How many people get killed on American Highways everyday? Does that mean you should not drive? If you drive safely, defensively, and watch your speed, etc., then you greatly increase the chances of getting to your destination safely. Same thing with trading.

It kills me when these people make general comments like that. Everything has an element of risk to it, but it doesn’t mean you shouldn’t do it.

And FX used to be for the big boys only. Prior to the early 90′s if you wanted to trade FX, you needed a net worth of at least $10 million and an account minimum of $1 million. But, today you can open an account with as little as $100. Other things like stocks, options, futures, etc. You need to have at least $5,000 to open an account.

Now to answer your question an Expert Advisor is basically an automated trading robot. It’s just a system that’s automated and will trade your account for you.

Hope this helps.

Donna asks…

Has anyone used a profitable forex expert advisor?

Please only answer if you have actually made money using one of the EA‘s. Personal experience only, and not people who lost money and are just telling me its a scam. Im currently looking into Destiny NN 3.3 and Steinitz HAS MTF Hedge Robot I asked this question before and someone answered “I am an expert advisor and I don’t use FOREX to make money” This is not an answer, if you have no Idea what I’m asking . . . don’t try to answer.

Forex Guide answers:

Over the years I have traded a lot of EAs. Some with live money (like Steinitz HAS), others with demo money. I have made money with some and lost money with others. I did make money with Steinitz for a 2 months I traded it but I also have friends who have lost a lot of money trading Steinitz. Here is the reality, there is no such thing as an EA that will consistently make money. Why? Because the market is constantly changing and no system (except the Holy Grail) can make consistent profits without human insight. That is the reality.

Here is what I recommend. Rather than going out and buying a Forex trading system programmed into an EA; educate yourself about Forex, design a couple trading systems that work across multiple market types, and then have them programmed into EAs. This way, you will know what moves the market, why your EA works, and you will be able to achieve steady profits.

Michael asks…

Which one auto forex is best for mini lot or micro lot? and all the market trend?

Please give clear detail for one who using in online and which one is best setup for EA?

Forex Guide answers:

Woudlnt recommend autopilot, imo. Learn technical analysis yourself and trade forex. Goodluck but more importantly be careful.

P.s. Before you trade, read as many books you can or you will most certainly fall

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Your Questions About Forex Mt4

December 8, 2011 by Forex Guide  
Filed under Forex Account

Mandy asks…

Anyone could please tell me the best indicators can I use on MT4 for forex market?

Even if I will pay for the indicators to add it on MT4 to give a signal when to buy or sell!,please help me to find a good one!!!!

Forex Guide answers:

To master forex trading. Its is NOT about using Indicators. All indicators are lagging indicators.

To master forex trading – You need to know Price Action.
This is what separates the 5% profitable traders from the 95% wannabes.

Money management, trading psychology are the next important elements that comes into place.

This is what i do for the past 14 years.

To an Awesome trading,
Ezekiel
http://www.asiaforexmentor.com/

Mary asks…

what is the best EA (max profits, min drawdown) to run automated forex trading with metatrader 4 (mt4)?

EA is a file that can compute and perform trades in the MT4 application – the forex market, for brokers that support mt4.

Forex Guide answers:

I think Forex Tracer is the best out there at the moment which works with mt4. The Forex Tracer is USD/EUR pairs.

Http://www.forextracer.forexrobotreviews.com

Or if you want USD/JPY pairs then you should be considering Forex Funnel.

Http://www.forexfunnel.forexrobotreviews.com

Good luck

Lisa asks…

What is the best known Forex Expert Advisor for the Mt4 trading platform. Experianced Forex traders only.?

Suggest only if you have personal experiance with said advisor. Thank you.

Forex Guide answers:

Hi bob,

I have tried numerous Forex Expert Advisors but to no success except for this two EAs that has so far produced consistent monthly profits for me. They are Fap Turbo and Forex MegaDroid.

However, do not expect to double your capital every month like what they said. This is because, i am currently using them and my capital don’t double every month. But getting return on investment (ROI) of around 20% to 80% per month is possible. Don’t expect to win everytime as there are times of losses (you just have to stick it through). However in the long run, you should be able to see your account size grow.

I run both of them with different brokers and it’s been great so far. Hope this is useful to you.

To Your Trading Success,

Thomas

Laura asks…

Where can i get a free forex mq4 / mt4 buy/sell signal indicators for download?

Forex Guide answers:

Lexy,

It really depends on what indicator you are looking for. There are literally thousands. However, the best place to look is on any of the free Forex forums online. The best (most trafficked) are www.forexfactory.com and www.tsd-forex.com.

Start there and good luck!

Jenny asks…

What are the best Forex leading indicators. Also looking for recent MT4 indicators?

Forex Guide answers:

Here is a good article that explains the Most Market Moving Economic Indicators for the US Dollar.

Http://www.dailyfx.com/story/special_report/special_reports/2006___What_Are_the_1155132699816.html

This same website also has an excellent economic calendar for the currencies.

Http://www.dailyfx.com/calendar/

Here’s another economic callendar

http://forexfactory.com/

Briefing.com give a good explanation and weights the economic evensts on the calendar if you click on them.

Http://briefing.com/Investor/Public/Calendars/EconomicCalendar.htm

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How To Examine Forex Megadroid Just Like The Trading Robot Suppliers

March 24, 2010 by Forex Guide  
Filed under Forex Trading

One of several adding elements to the constant achievement of Foreign exchange forex black panther review may be the vendors who’re marketing this product non-stop. These people are promoting forex black panther, which they feel can give the most effective fulfillment price and can provide the best outcomes feasible. Nevertheless, these distributors have a higher-standard in deciding on the product to market; they don’t just sell for income. They’re guarding their status, and will never sell inferior products to their customers. You as a trader should also know how to analyze Megadroid the vendor’s method.

Listed here are forex black panther on the requirements that a trading robot ought to have ahead of it passes the standards of your seller:

1.) Verified Testimonies – this really is a tested solution to increase sales, and this also proves the performance of an item. Usually bear in mind that a vendor will never advertise a merchandise to someone if it will not have real recommendations from its users. They want to be convinced that what they will be promoting can undoubtedly present satisfaction to their clients. You will need to also look for a robot which has true testimonials. By no means acquire a merchandise without testimonies specially in case you will not have sufficient understanding relating to the product or service.

2.) Technical and Customer Support – can be a incredibly significant element in selecting a trading robot like Forex Megadroid. The seller is promoting goods from other men and women purely due to the fact they will not want to handle inquiries from consumers. They’ll never promote a product or service that doesn’t provide this service. This will also guide their buyers to have the promised results, and will give them the confidence to buy the product or service, given that they know that they could contact the producers anytime.

3.) Reliability, Profitability, and Accuracy – these are the standards of an simple robot analysis. It really is popular sense not to purchase a product or service not having these 3, since it simply implies a waste of time and funds. Often be sure to verify the rates of these requirements just before selecting a trading robot. Megadroid has 95% winning percentage, and 800% return of investment average in 2009, which shows how higher Megadroid ranks in those three standards.

4.) Dollars Back again Guarantee – is most likely the last issue a vendor would want to hear. Nothing hurts a seller much more than a buyer asking for the refund. That is certainly why they have a higher common in selecting the merchandise to promote. This will greatly lower the chances of the customer asking to get a refund. Nonetheless, the money back again assure can also be an essential criterion for any vendor, mainly because they tend not to wish to be hated by their users for selling an inferior item without having a refund.

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Foreign Exchange Megadroid – Is Forex Currency Trading Background Critical When Using Forex Megadroid?

March 24, 2010 by Forex Guide  
Filed under Forex Trading

Less than 3 weeks more and Foreign exchange Megadroid is going to be honoring forex magic bullet first 12 months of living on the market. Albert Perrie and also John Grace have produced forex magic bullet robot robot in 2001, however were under testing for eight years just before it had been launched on the market. This can be to ensure the reliability, success, and also precision of Megadroid will be the greatest, plus they need their own customers to become satisfied with its performance. Albert and also John forex magic bullet a mixed buying and selling experience of more than forty years, and also their understanding, experience, and expertise take root in this trading robot.

According to numerous people who were satisfied with its efficiency, obtaining Megadroid to assist you with your exchanging tasks is similar to obtaining John and Albert beside you while trading. It is like having an assistant expert trader that you simply only have got to spend when. Obviously this still wants being proven substantially, but only you possibly can demonstrate it to yourself. That is certainly why they’re offering a trial demo account that you can download for a modest charge. This can assist you be a lot more familiar while using product or service, and can assist you show all the claims of its customers.

An additional issue that encourages many people to acquire this robot is simply because they are giving a 60-day money back guarantee, which provides you the right to demand for the refund whenever you are usually not satisfied with its overall performance. All you have to do would be to contact to customer support, and they will give you back your dollars without having asking a question.

The excellent factor about Megadroid is that any person can literally start out exchanging currencies even with no possessing a strong Forex exchanging background. This signifies that even a higher school student can make dollars with foreign exchange by applying this buying and selling robot. The only factor that you simply ought to do is usually to set up the robot adequately and configure it depending on your preferences. They’re also providing a set of instructional videos that could demonstrate you the way to set up the item appropriately. The videos usually are not that tricky to comprehend. In reality, they may be assuming that it’s your initial time to work with a personal computer. The videos explain how to use the solution, and how you are able to make funds from trading with currencies.

If you will be planning make use of Megadroid, I strongly suggest that you just use its trial version first, to allow you to get acquainted while using the solution before using it in live trades. This might help you determine if Megadroid can actually improve your trade final results or not.

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Forex Megadroid – As Techie Traders Their Job Is Certainly Not So Much To Forcast

February 22, 2010 by Forex Guide  
Filed under Forex Trading

Forex investing is often a small business; as such you have to learn the expertise required to succeed at this small business from an individual who is definitely an experienced skilled inside the field. You’d not learn how to turn into a specialist chef from another person working inside a speedy food restaurant, like sensible you could not understand to become an established currency trading investor from somebody who has not attained the amount of success that you simply your self are trying to realize. Price action dealing is often a time tested process to trade the currency exchange sector with, when taught from the point of view of the forex mentor that has utilized this process with constant accomplishment for many years and who has a herbal flare for teaching, finding out this method are going to be one of one of the most related and hence cost-effective things you do when learning to buy and sell.Figuring out to operate the foreign exchange market is generally a course of action riddled with frustration and wasted dollars on dealing courses and systems that do little more than confuse you with lagging indicator approaches that declare big final results with small individual time on your behalf.

The truth is finding out to deal the currency trading industry does take a good deal of endeavour in your behalf but that hard work might be created drastically easier and a smaller amount frustrating in case you employ a currency exchange mentor to assist you in understanding easy methods to buy and sell efficiently. Currency trading mentors have been where you are at; they know the frustration plus the confusion that benefits from the vast web of info out there on the online concerning foreign exchange exchanging. One particular from the biggest positive aspects of finding out from the currency exchange mentor is that they have currently figured out a worthwhile way to deal industry and learning the way they trade will save you precious time and income although searching for an efficient process like Here is forex megadroid review.If you might be a beginning chemical trader and looking for foreign exchange currency predictions you might uncover they may possibly not enable you to that significantly. With technical buying and selling from time to time looking to predict what industry could do can be the completely wrong mindset for profitable buying and selling.Predicting what sales ought to do can be helpful and enjoyable.

If you are just curious about which direction the markets may proceed in that’s only herbal. But if you are heading to base a industry off of some individuals predictions you will likely only be taking a major gamble.Nobody has learned wherever sales will probably proceed so currency predictions are genuinely just opinions. As chemical traders our work isn’t so much to predict in which industry is going to move. Our task is to use our Learn more on forex megadroid indicators to acquire an benefit about the markets and uncover patterns which have a particular probability of repeating themselves.In quite a few conditions it doesn’t definitely matter which way the markets go as long as we can placement ourselves to have benefit of these repeating patterns. An skilled trader has learned that some trades will win and some will drop and seriously isn’t emotionally attached towards winners or losers. The objective is for the winners to produce over the losers lose above time.

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