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.

Trading Without Indicators - What's the Secret?

When most people hear that somebody is trading the forex markets without any indicators, there is an instant look of confusion that comes across the face. To them it sounds like driving with a blindfold on, But as a matter of fact, its the exact opposite.

Most people that trade without indicators have the same reaction to those traders who need 20 indicators on their charts in order for the pull the trigger on a trade. They look at the mass of indicators as if they were blocking their view of what's actually going on.

Trading without indicators has been around as long as the markets have. They call it price action. It's all done by the trader looking at the chart and understanding how the current movements of the price, compared to past movements, can be used to forecast future prices. In other words, everything we need to know, is right in front of us. There is no need to block our view with needless indicators.

For example there are certain patterns in the forex markets (actually all markets) that can be repeated on a constant basis. They are predictive in nature, as opposed to indicators like and RSI or MACD which are always lagging. They are only telling us what has already happened. Anybody can be a millionaire if they only tell you what has happened already. The real skill is using past information to make an informed decision about what the future holds. Trading without indicators is as close as we'll ever get to becoming a forex psychic.

Click Here to see what I used to learn which forex reviews which will help you trade.

Forex Raptor Review - A Quick Way to Kill Your Account

Prior to finally having success trading forex, I was just like everybody else who was struggling. I jumped from one indicator or system to the next. One of the systems I jumped on, only to jump off a month later was forex Raptor. Forex Raptor uses mathematical algorithms which analyze the markets and gives you entry and exit positions and the proper time to get in and out. It sounds great on paper doesn't it? Well, maybe that's where it should have stayed.

I found trading on it to be as intuitive as flipping a coin. It felt like I was just guessing. It provided me with no insight into the price movement of a currency. it genuinely felt like I was playing with some kind medieval calculator. The way it works is, you put information based on past bars (open, low, high, close) and it is supposed to predict the future. Not only was it incredibly unreliable doing that, but it was also extremely glitchy. I'd put a signal for a sell and I'd get a buy, and vice versa. Thankfully I only traded with a demo account and since I never made any money, I never went to a real account.

If there is one thing that I like about Forex Raptor, is that It caused me to ask myself "Why am I trading with something, if I have absolutely no idea why I'm buying or selling"? Software like forex Raptor is what made me get into the "less is more" approach trading methodology. Ever since then, I got rid of all my indicators (since I don't even know what they're supposed to mean) and I began to look at the market at its purest form. I've never looked back. So for that, I thank Forex Raptor.

Also, if you want to see more comments and complaints on forex raptor, then check out LearnForexDirectory.com

Forex Raptor Review - What the Sales Page Doesn't Tell You

How could you not absolutely love the sales page for the Forex Raptor System? It sounds not only amazing, it sounds life changing, doesn't it? The pips that this forex trading robot claims to make is quite astounding. It makers a claim that the system has made $11,973 a month. This leaves a lot of room for doubt.

In this particular case, you have the right idea to have some doubts. That isn't to say there aren't many solid trading robots in the marketplace, but Forex Raptor is definitely not one of them.

Let's start off with how glitchy the whole software is. Many people report that it took them hours to get it setup, and that's with the manual that comes with it. There are also some people who were never able to get it to work. They had to get a refund, even though they never even got a chance to use it.

Forex Raptor also needs a lot of help in their customer service area. Many buyers reported that it took the customer service department more than 2 weeks to reply to an email. This is just not the proper way to run a business. Especially, one which clearly has a lot of technical problems it needs to take care of.

But let's talk about the forex raptor system. How does that work? Well, if you are lucky to be able to get it working, it's still pretty inconsistent. Some people say they have made money with it. But they are definitely in the minority.

Make sure to check out my complete unbiased forex raptor review at LearnForexDirectory.com

Forex Autopilot Review - A Sneak Preview of What to Expect

Ever since Forex Autopilot hit the market some time ago, it has definitely created quite a stir in the forex community. But does it live up the actual reputation? This forex autopilot review examines whether or not it's a worthwhile investment.

Well, for starters, I wouldn't expect to make as much money as you see on the sales page of the site. After all, it is a sales page, so they want to you to buy it. They are not going to show the times it had multiple losses in a row.

So if you are thinking that, at last, you found the trading holy grail in forex autopilot, let me crush those dreams. BUT if you have some realistic expectations and concede that there is no such thing as the holy grail, then you will be very pleased with forex autopilot.

Basing this forex autopilot review off of what actual users had to say about the trading robot, then I must admit that the reputation is pretty solid.

Most that used it were happy that they took the plunge. The biggest compliment I hear most people say about forex autopilot is that the robot gains pips consistently. There are no wild dips and valleys. That's a very rare achievement for a trading robot. Most can make you or lose you 1000 pips in a week.

But consistency is the key to trading and is what separates the people who crash their account from those who eventually get to retire off of their winnings.

To see the full forex autopilot review, make sure to go to LearnForexDirectory.com.

Forex Autopilot Review - Is it Really the Holy Grail?

I know that every forex trader must have come across the sales page for forex autopilot, by now. You see the figures that they are showing and all the money that they claim it makes. You are either like one of two people when you see this. Either you are the kind of person that says, this is garbage. I'm not going to waste my money on this. Or you are the kind of person that is drooling over your keyboard and getting ready to pull your credit card out. So which one is right?

Well, here is the real truth about forex autopilot. You will not become a millionaire by using it. You will not be able to buy a mansion in Hawaii with the money you make from it. BUT, when you compare apples to apples, its a pretty darn good trading robot.

You have to look at this from a realist's point of view. The truth is the vast majority of people who trade forex lose money. So how could a trading robot like forex autopilot make you a millionaire. It's just not possible. Once you realize that, you can judge it on its own merits.

The truth is with a proper money management technique, forex autopilot should be able to earn you 50-100% return within a year. I could imagine all the disappointed people reading that last sentence. I'm sure they thought that it would give them that much of a return in a month. But if you compare how the majority of traders fail at forex, you should realize what an impressive return that actually is.

To learn more about Forex Autopilot and to find out what real users have to say about it, make sure to go to LearnForexDirectory.com to see the complete Forex Autopilot review

Forex Mentor Review - How Good is Peter Bain's Course?

Forex Mentor is a course created by a very respected trader in the forex community named Peter Bain. Peter has thrown everything but the kitchen sink in his forex mentor course. He goes over all the education and information that he has learned in his 10+ years of trading the forex market. He leaves no stone unturned.

He makes sure that no matter if you are experienced or a complete novice to the world of forex, he takes you by the hand in a simple and accessible way, and shows the ropes of what it takes to succeed and trade full time trading forex.

He doesn't believe in using lagging indicators like 99% of the trading systems that are out on the market. His methods focus specifically on using price action, such as finding key support and resistance lines and use them as leading indicators.

This may seem strange to many people who hang out in forex forums and follow the latest trading system that was just devised by one of its members, only to hang it up in a weeks time.

Peter Bain wanted to make sure that Forex Mentor wasn't going to be like that. He makes sure you never fall behind the course as he gives you daily trading examples, (part of the membership) so you can tell exactly how well you are progressing in the course. Frankly, it's one of the most respected courses that is available in the marketplace, as many users regarded it as having an incredible reputation.

To learn more about Forex Mentor and to find out what real users have to say about it, make sure to go to LearnForexDirectory.com to see the complete Forex Mentor review.

Forex Tracer Review - Will You Make Money Using It?

There are a lot of forex robots and expert advisors being sold right now in the market, however very few of them have gotten as much attention in the forex community as forex tracer has. I'm sure you have heard some good things and some bad things about it. Which is the truth? Well, lets dig deeper into this.

Forex Tracer claims that it made $335,000 in profits, from a $25,000 account. Do I think that this is true? Frankly, no I don't. Some of the greatest traders in the world can't get that kind of rate of return. So if you think you can make that kind of money trading forex tracer, I suggest you come back down to earth, because it's just not going to happen.

That being said, can a trader make money with Forex Tracer? Absolutely!

Is it 100% fool proof? Absolutely not!

You will have losses trading Forex tracer. You might even have the occasional losing month with forex tracer.

Does this mean it doesn't work? Of course not! It just means that trading forex is not easy and you have to be realistic. Forex isn't some lottery that you could be a millionaire instantaneous. This is investing. You want your money to grow steadily and consistently.

Forex tracer does a good job. Many people that have used it have commented on making a steady 5-10% a month. This may not seem like much after you were expecting to make $335,000 from $25,000. But believe me, that 5-10% a year is a lot better than most forex traders do.

A note, though about forex tracer. You will have to tweak the settings a little bit. I don't recommend just trading it out of the box. You will have to tweak the money management aspect of the system, so it's most suitable for you, and to give you the highest rate of return that's possible.

As always, you have to demo forex robots. It's never recommended that you trade with live money until you have gotten used to how the expert advisor trades.

To learn more about Forex Tracer and to find out what real users have to say about it, make sure to go to LearnForexDirectory.com to see the complete Forex Tracer review.

Trading In The Buff

Spitting in the face of all the other indicator driven trading systems is Trading In The Buff. It's a funny title, but it's a reference to trading naked. This is essentially means trading without indicators. The course is created by John Templeton.

As a person that has never traded without the aide of indicators, I was obviously intrigued. I have always heard of certain traders being able to trade without indicators, but I've never actually seen it live.

I purchased the course about 2 weeks ago, and i have been very happy with the results so far. Granted I haven't made that many trades, but so far I haven't had any losses.

The very best thing that I got out of the course is learning how to trade with the trend. I know it may seem strange but even though I have heard the term "trade with the trend" a million times, I never actually learned how to spot the trend. Come to think of it, I don't remember ever using a trading system that involved "spotting" the trend.

But Trading In The Buff really puts it into perspective. Templeton shows a couple of different ways on how to spot the trend so you can make sure you know you are always going to be trading with it.

One of the ways was so simple, I could have smacked myself over for not being able to figure it out. It was just really common sense, but I doubt there are that many traders that know about it.

The other way was using what he called a top-down perspective, so you can spot the trend by taking larger time frames and comparing them to the shorter time frames.

It really is amazing to see how well your chances of a successful trade increases once you trade with the trend.

The course is very well prepared. I honestly expected it to be bigger, but I really liked it. It seems like whenever I have bought a trading course before, there is a lot of filler, which doesn't provide any useful information, but makes the book larger.

That wasn't the case with Trading In The Buff. Everything was to the point, and it was really refreshing to see.

All in all, I would recommend the course to anybody who is looking to trade from a completely different perspective. It's a unique and original take on trading, that should help out a lot of traders.