Trading Without Indicators - There is Nothing Quite Like It

It appears that trading without indicators has become a lost art form. If you have been day trading for a little while or are a seasoned veteran, you know that there are more trading indicators than ever. There are indicators now that basically just put the word "buy" or "sell" on your trading chart to let you know when to open and close a trade. The problem is does anybody actually know why you are buying or selling at that point? It just seems like people are content to just take their chances allowing a robot to make their trading decision for them.

What many people don't realize is, that many of these indicators are just telling the trader what has already happened, hence they are known as lagging indicators. The problem is that the markets don't follow some kind of set plan. Just because something worked a few times in the past doesn't mean that its going to continue to work. The market is constantly evolving. The use of lagging indicators will never account for that fact. Traders seem to be satisfied just taking their chances with indicators such as MACD, stochastics, and moving averages. To many traders, these indicators represent success and failure.

The day a trader is finally able to clear their screen and look at a chart of the respective currency pair, without any clutter, is the day they take their first step to understanding the forex market. A trader can then look at price action at its purest form. Indicators have made traders a bit lazy. They are basically using them as an interpreter of the market. The price moves a certain way and their indicator, in its own way, is translating what that move means. Well, if instead of using a translator to play the forex market, if traders actually learned the language of price action, these lagging indicators would be obsolete.

Trading without indicators is much easier than people think. To find out how I was finally able to understand the language of the forex market, please check out LearnForexDirectory.com for forex reviews.

Forex Autopilot - Quit Wasting Your Time Trying to Find the Holy Grail

If you were to scour the internet, you're going to notice a lot of these forex autopilot systems. The basic concept behind them is that they are supposed to do all the trading for you while you're away.

A developer comes up with a trading system that is based on indicators. When the parameters of the indicators match the trading system, the software automatically buys or sells the respective currency.

It sounds like an incredible idea, doesn't it? Especially if it works! That's why there are so many people desperately trying to find one or develop one that can make money in the forex market. After all, this is beyond the holy grail. This is like the holy grail without having to work for it.

Here's the problem with these things. If trading could be this simple, why the low success ratio for traders? If people that spend the whole day watching the forex market and following the economic news that are coming out and still can't find success, what chance does an inanimate object have?

If you think there is some automated trading system out the that can instantly make you rich without so much as looking at a chart, I hope you find it. When you do, don't forget to let me know about it!

But I'm afraid most of us we'll never see it. If you don't believe me, all you have to do is go to any forex forum. When you go there, you'll find an infinite amount of threads on the subject. Many of the threads are longer than one year, because they are constantly working on a system that will never be finalized.


Many people become successful forex traders after learning how to trade price action. Once he understood that all he needed to learn forex successfully was on a plain chart with no indicators, his profits soared.

To see all my forex reviews, make sure to go to LearnForexDirectory.com

A Forex Autopilot Review - How Does it Work in the Real World

When looking at a forex autopilot review, you really just want to know how does it work when a real person uses the system? The truth is, quite well. If you are expecting to see the same kind of numbers that are shown on the sales page of the forex autopilot website, you will surely be let down. After all, the whole point of their website is to get you to buy their system.

But leaving that aside, what happened when most people out in the real world tried the EA? Well, there were some people that didn't do well and many who have been really happy that they purchased the system. So what's the difference? Why is it that there are some people that do great with the system while others are struggling? It makes no sense, right? After all they are using the same exact system!

No forex autopilot review would be thorough without mentioning the big difference in success, is in how certain people used the system.

For example, people that took the EA right out of the box and traded live with it, were the ones who struggled. There were various reasons for this, such as they needed to realize that the system does need some adjustments. Plus, when an EA trades for you, you don't really know its trading style. You don't know how many trades you'll get in on each day. You don't know how long the trades usually last. So what happens is, that people get antsy or uncomfortable and start second guessing the system.

On the other hand, the people that took at least a month to demo the EA out before going live, were the ones that reported success. These people realized that they needed to understand how Forex Autopilot traded before they would use actual money on the system. They also realized that they needed to adjust certain parameters of the system to go in line with their own personal risk tolerance. Once they were satisfied, then they took it live.

To see my complete FOREX AUTOPILOT REVIEW, make sure to visit LearnForexDirectory.com.

Forex Killer Review - An Unbiased Look at the System

If you've had the pleasure of looking for a forex killer review online, then my heart goes out to you. It seems no matter where you look it's hard to get an unbiased critique of the system. All you ever see are the "this system made me a zillionaire" kind of reviews. So I decided to come up with my own review of the forex killer system.

I like the system (I don't love it). I don't think it's the most revolutionary thing ever created for the forex markets. It has it's pros and it has it's cons.

The forex killer system does have a fairly good reputation if you read about in on the forums. There is usually a stronger majority of people who have had success with trading it, than not.

It does bring you a steady and consistent (not earth shattering) profits on a monthly basis.

But no forex killer review would be complete without talking about the interface. Warning: You are going to have to tweak the parameters a little bit before you can go live with the system. It's not perfect (nothing is really) so if you do get it, be prepared to play around with the money management side.

The people that have had the most success were the ones that tweaked the system and demoed it for at least a month, so they can be sure of its profit potential. The ones who didn't, and just traded it blindly were the ones who didn't have much luck with it.

To partially summarize: It's not the holy grail (it doesn't exist) like some people have been calling it, but compared to most trading systems on the market. it's pretty good.

To see my REVIEW OF FOREX KILLER, as well as to see my UNBIASED FOREX PRODUCT REVIEWS, make sure to go to LearnForexDirectory.com

FX Universal Review - Is it Legit Or a Scam?

If you have been looking for a FX Universal review, it must have been hard finding one that was real and unbiased. So I thought I would way in on this, and give an honest, unbiased review of FX Universal and their signal service.

Honestly, I don't think they are very good. For starters, they don't really have a support team. If you call them up, chances are you'll get somebody from the sales department. If you have a question that revolves around the trading signals, well...good luck getting an answer, because you probably won't.

But let's talk about their signal service. After all, that's why most people join up with them.

When you go to their website, they show their performance reports for their signal service using their FXDashboard. It looks amazing, doesn't it? Even the presentation, showing the flashy lights just makes you want to give them a shot.

Well, when most try it out, they'll usually find that it's not what they expected and worst of all, they did not get the same kind of results as shown in their performance reports. I'm not sure how they calculated those pips, but I don't think it's based on reality.

No review of FX Universal's signal system would be complete without the mention of how many subscribers have crashed their accounts using their calls. It's really sad but if you look around the internet, you'll hear many horror stories of people who had decent accounts left with nothing in them after taking FX Univeral's Signals.

To Find out my complete FX UNIVERSAL REVIEW and to see my UNBIASED FOREX SIGNAL REVIEWS make sure to check out LearnForexDirectory.com.

Forex Killer Review - Is There Money to Be Made?

Is there money to be made from the Forex Killer Trading system? That has to be the number one question people ask when they are researching this. or any other trading system, for that matter. It's getting harder and harder these days to tell what is a good quality product and what is the usual garbage you see people selling online.

As far as forex killer is concerned, if you are looking for some magical 1000 pips a day forex trading system, I will tell you right now, you are going to be disappointed. Frankly, you are going to be disappointed with any system for that matter because there is nothing available that will do that, especially on a consistent basis.

But if you are looking for a system that wins more than it loses and can get you those steady monthly pips that so many forex traders can't seem to get, then Forex Killer is not a bad option.

A good majority of the people that have purchased the system are happy with it. They are building their forex account nice and gradually.

There is one caveat to the Forex Killer System, though. And that is, that it shouldn't be taken straight out of the box and trade live. You have to demo it (of course) before you are ready to trade with real money. You have to see the system in action first, because there is some tweaking that has to be done to it, to give you the best odds of getting winning trades.

To see my complete forex killer review make sure to check out LearnForexDirectory.com

Wave59 Review - A Very Unique Piece of Software

The Wave59 trading software doesn't garner the same attention as some of the big boys get, but it is certainly one of the most unique charting platforms that is in the marketplace. We're all so used to hearing about the same old indicators that every one had used a million times over and over again. Indicators such as Stochastics and Moving Averages isn't exactly what I'd call revolutionary.

But Wave59 has a wide range of tools that can't be found anywhere else. For instance, they use astrology indicators, like an ephemeris and many others. Now, no matter what your opinion is on the subject, there is definitely and interesting correlation between the history of price action & movement with the astrological signs.

They may be the most famous for coming up with the Fibonnacci Vortex. It's this incredible pattern that let's you pick with great accuracy the of high and low swing points to the pip, many times. The only trouble is that it is not exactly mechanical by nature. It does leave a lot of room for interpretation.

You can also design your trading system, just like you could with Metatrader, but a big difference is that with Wave59, you could use neural nets to devise your indicators.

While many people feel that the software is very impressive, there are still quite a few people that have a hard time putting it all together to have success trading forex. This is probably mostly due to uniqueness of the tools, which people are just not used to.

To see my complete unbiased wave59 review, make sure to check out LearnForexDirectory.com.