Showing posts with label Commodities and Futures. Show all posts
Showing posts with label Commodities and Futures. Show all posts

Saturday, January 31, 2009

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
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Wednesday, January 28, 2009

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

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Saturday, January 24, 2009

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.
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Friday, January 23, 2009

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.
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Wednesday, January 21, 2009

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
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Tuesday, January 20, 2009

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.
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Sunday, January 18, 2009

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.
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