الخميس، 5 نوفمبر 2009

What is Forex Robot?

Is a type of autotrading is very similar to algorithmic or black-box trading, where a computer algorithm, or Expert Advisor (EA), decides on aspects of the order such as the timing, price, or quantity or initiation of the order without human intervention.
Users can only interfere by tweaking the technical parameters of the program; and all other control is handed over to the program. Forex Robot is sometimes also called Forex EAs.
This type of Robot is a computer designed software to make trades for you on whatever foreign exchange trading platform you are running, most of them run on the Metatrader platform which is free from most brokers. The software places all your trades from start to finish.
However nowadays Forex Robot is designed to make retail forex traders like us to easily configure and assign what we require of the trading.

So when looking for a Robot to trade you need to find one that caters to your need. You have to be careful when looking around as so many promise you fantastic profits over night and avoid these types. Look for ones that promise profit but profit that is realistic and the ones which are renowned already, base on brands and longevity of product sales.

As the name suggests, FOREX Autopilot is a software application that does FOREX trading in an automated manner.
The program has automated trading bots in a software format, which you install on your computer. You have to do nothing more than this installation but to keep your PC on. You will find that these trading bots will handle all the FOREX transactions for you all through the night and in the morning, you see that you have a swollen account!
Naturally, there is much criticism whether such a thing really works but FOREX Autopilot is genuine software released by Marcus Leary, a FOREX expert who also has innate Internet marketing knowledge.

IVYBOT


IVYBOT was developed by graduates of Ivy League universities and pledges to provide all system updates to its subscribers for free.  Ivybot also has very unique methods in testing it’s system utilizing back testing, optimization, and walk forward optimization.  The greatest thing about Ivybot is that you don’t have to know anything about foreign exchange, trading, mathematics, or computes to utilize our system.
Today, IVYBOT is one of the top five automated FOREX websites in the world. The method is devised as a foolproof system to bring unavoidable trading benefits to users.



Forex MegaDroid


FOREX MegaDroid is an automated FOREX trading system that works with the help of automated trading bots that you need to install on your computer system.
The team has 38 years of combined Forex trading experience has allowed us to design the perfect strategy, on which Forex MegaDroid is based. Only experience can bring such quality in strategy design. Hector Lusting’s 41 years of computer programming technology created the technology that allowed RCTPA to be an automatic, hands-free reality.
Forex MegaDroid is the only robot on the market that has this new “Broker Buster” mechanism ensuring you a smooth trading environment without any hustles or problems.


FOREX Bling


FOREX Bling is an automatic FOREX trading system that operates on MT4 trading accounts.
Their approach was to create several trading robots that each works on a specific market condition.
Each of the Forex Bling robots is designed for short term profit and long term gain. You can use one trading system only, choose several strategies or use the complete trading systems in the package.
 The program has been designed by Yohanes R. Gagahlin and his team who are professional experts of FOREX trading.

Upbeat US Data amid Lackluster FX


The dollar was mixed against the majors in the Wednesday session, largely confined within recent ranges in lackluster trading. The greenback recovered from its session lows versus the euro at 1.4350 to hover near the 1.4230-level, while pushing the Canadian dollar just shy of the 1.10-figure.
New home sales posted a strong reading in July, surging by its largest figure in nearly 4-years, up by 9.6% to 433k units versus 384k units from June. Building permits were drifted by 1.1% to 564k units in July. Meanwhile, durable goods orders were sharply better than expected, posting a gain of 4.9% versus a 2.2% decline a month earlier in June. The excluding transports July durable goods orders also improved, edging higher by 0.8% compared with a 1.6% increase a month earlier.
In the coming session, traders will look ahead to weekly jobless claims and more importantly, the preliminary reading for Q2 GDP. Weekly jobless claims are expected improve to 565k from 576k a week earlier. Meanwhile, economic growth in the second quarter is expected to post a 1.4% contraction, deteriorating further from a 1.0% contraction in the previous quarter. The Q2 PCE is expected to hold steady at 1.3%.
This article contains the following sections:

  • Euro Trades Sideways

Learn How to Trade Forex ?

Trading foreign exchange is exciting and potentially very profitable, but there are also significant risk factors. It is crucially important that you fully understand the implications of margin trading and the particular pitfalls and opportunities that foreign exchange trading offers. On these pages, we offer you a brief introduction to the Forex markets as well as their participants and some strategies that you can apply. However, if you are ever in doubt about any aspect of a trade, you can always discuss the matter in-depth with one of our dealers. They are available 24 hours a day on the Saxo Bank online trading system, SaxoTrader.
The benchmark of its service is efficient execution, concise analysis and expertise – all achieved whilst maintaining an attractive and competitive cost structure. Today, Saxo Bank offers one of Europe’s premier all-round services for trading in derivative products and foreign exchange. We count amongst our employees numerous dealers and analysts, each of whom has many years experience and a wide and varied knowledge of the markets – gained both in our home countries and in international financial centres. When trading foreign exchange, futures and other derivative products, we offer 24-hour service, extensive daily analysis, individual access to our Research & Analysis department for specific queries, and immediate execution of trades through our international network of banks and brokers. All at a price considerably lower than that which most companies and private investors normally have access to.
The combination of our strong emphasis on customer service, our strategy and trading recommendations, our strategic and individual hedging programmes, along with the availability to our clients of the latest news and information builds a strong case for trading an individual account through Saxo Bank.
Terms of trading are agreed individually depending on the volume of your transactions, but are generally much lower in cost when compared to banks and brokers. Your margin deposit can be cash or government securities, bank guarantees etc. Large corporate or institutional clients may be offered trading facilities on the strength of their balance sheet. The minimum deposit accepted for an individual trading account depends on the account type. Trade confirmations and real-time account overview are built into SaxoTrader, while further account information can be produced in accordance with your specific requirements

Question about the currency trade Forex …

Much talk about or in other words Forex Trading foreign exchange on the Internet and remove the confusion, but even on the Arab youth was suggested that the pool of questions on this subject in this area and welcome the assistance of supervisors distinguished brotherhood with me so the topic is comprehensive of all views and ideas, and hello to any inquiry from the 00 members
I will start directing the first question and respond to God and questions of
members expected to respond day and I will, God willing, and often the response
 
will be the question as soon as possible
 

?Question 1: What are the trade currency online .Forex
The answer: Forex is the replacement of foreign currency (sell) and purchase of another currency rather than 0 To clarify more: you want to impose travel to perform Hajj (pilgrimage gives Arozkna God) and are Kuwaiti or Egyptian or Moroccan Why spend in Saudi Arabia? 0 will spend to buy anything, or for ritual currency Saudi Arabia (riyal) 00 Go to a money exchange shop or a bank in your country and give the main currency and to request him to change the Saudi riyal Figuerha you 0 Now come to your mind the question: What benefit exchange or replace the bank of this change? Answer: Teams will benefit from the sale price and the purchase of any Real Iabiek he buy you a price and at a lower price and thus to the rest of the currency, noting that the price difference would be slight or minor hits but produces a large profit in the event of a change in quantities of
one-time or small quantities of several times 00
 
 
Question 2: Is the stock market, such as the Forex?
Answer: Yes, the stock market such as Forex, but specialized in foreign exchange
and no other goods or services 0
 
Question 3: What are the disadvantages of working in the Forex?
Answer: there are no laws governing the market, each governed by the profit or Ksartk is based on the conclusions of the analysis of graphs of each pair of currencies and the analysis of economic and political news Is also flawed by the loss of such a large profit may be impressive
The rush of Arab youth to work forex believing the treasure that it does not require him not to stick to Exhumations extracted gold and diamonds, this is not true, as the science studying Forex for more than 6 centuries by Italian and American scientists and England, and 0000
Need to learn for a long time before the practice and study the market well 0
Question 4: What are the advantages of Forex?
Answer:
1 - FX work area as a mobile skip (I work from home - business - Msnek - Msifk - during your travel outside the country)
2 - the international currency market (FOREX) market works 24 hours \ 5 days a week and so that you can consider a second job to help you and your side of the main
3 - Forex market opportunities for those who know the wonderful place to learn and must learn the location of a well at the beginning 0
4 - the opportunity in front of you already know (free books - Lectures - forums - virtual demo account)
5 - do not need a large capital of forex trading as some banks will allow you the opportunity to trade a very small amount of start from 1 and $ 5 dollars gives you a gift when you open your account with 00
6 - You can live in any of them into account only if the source of your income has mastered the work and learned a good decision-making (you can even achieve 200% of the owner of each month)

Question 5: Why do I need to work forex?
Answer: It follows the order: 1 - the relatively new computer (Pentium possible 3) 2 - high-speed Internet access (256 kbps dsl) is very adequate 3 - start from the capital to $ 1 4 - the mentality of a commercial ready to receive and learn the secrets of Forex, which will come later in this topic

 
Question 6: I want to start learning now, which is recommended by experts?
Answer:
1 - Read books, only to learn English very well what is technical analysis (I repeat: I Do English?) Yes, just like English book john murphy
2 - jointly with one of the offices of the mediation pilot program and get their own account and open a pilot and moved to Step 3 now
3 - Sit down in front of a computer and do following: Open a trading platform and saw what was happening for a period of one hour 00 Print John Murphy’s book and start studying the possible indicators, one by one (do not leave Tzb index for the one who followed only when they are sure to make sure you are fully captured in a well) Continued to study the impact of the indicators on the price of the currency for a period of not less than one week After the end of the week brought Calendar empty and start a comment on the filing of the technical advantages and disadvantages of each indicator Login to this site (in English, but there is a good value of the information) now has about 20 days: 10 days to read a book that I was John Murphy with the strong determination and 10-day study of the indicators of program trading on 0 can now move on to Step 4
4 - Start the application that I have learned of the indicators one after the other, and one pair of currencies (the euro of $ I recommend you pair eur / usd
5 - Try to work a combination of indicators or more Alhart the same for the same currency pair and the observed association indices
Thus, a pilot is trying to account for a period of not less in any way for two months
Question 7: What happens after that learn? Is Sivb this effort in vain?
Answer: No, my esteemed brother, God willing, your effort will not go, but after a good start to learn the real trading account, but watch out for the terms of the risk is
1 - Read a book dealing with the science of money management and risk management
2 - Log into the account the real Bomwalk (not borrow) money and does not need in your daily life
3 - I recommend you start at $ 20, however, states only

Question 8: Do different account Alhakie Account pilot?
Answer: Certainly the psychological rights of hesitation or fear, or greed in some cases may be strong influences on the profit or loss in this area so you’re the pilot in the account Tcils extended legs and give the order to sell or loss and pay no attention to the outcome of this transaction and error 0 We have to deal with the account to be a real test until the live atmosphere of the real account (he was the owner of the Personal)

What is Forex Trading?? - for Beginners … by video

if you a new trader with forex .. we advise you to show this video .. it’s very good for beginners ;)
  part1




Part 2