Tired of seeing red in a sea of Forex Metatrader 4 indicator products? Well, before you know it, another forex signal product for Metatrader 4 has found itself on the market, and it is called the “London Forex Rush System.” Do we think it is a scam? Well, let’s see what Al Russell, the creator of the system is up to.
The London Rush Forex System, is a trading advisor that was designed to generate a signal to use while trading intraday in the London market. This market trades between the hours of 800GMT and 400GMT. The advantage here, is to only trade two hours in a day. Al claims that you do not have to do any technical analysis, and that you do not have to have a ton of experience in trading forex.
How the system works, is at the time when the Japanese markets give way to the London Markets, Traders from the larger banking institutions will throw their cash right into the market, creating swings within a 100 pip range. The signals included in the system will detect this, and tell you when the appropriate time is for placing a long or a short position.
So, instead of sitting around like the majority of intraday traders, which do nothing but sit in front of their trading computer all day, and watch signals contradict each other and put their minds into a spin, this signal will tell you to buy or sell. You don’t have to even understand how one thing works on forex as you wouldn’t have to look for waves to form or certain EMA crosses, as it tells you in plain English.
By: Thomas Howell
Posts Tagged ‘Trading Forex’
Forex Killer Vs Forex Tracer
April 25th, 2010
Among all forex autopilot software available in the market, Forex Killer and Forex Tracer are quite popular in terms of sales and user feedbacks. Here we plan to compare these two forex autopilots to find out which one is the best. We start with Forex Killer. The software comes at a moderate price of $89 along with a 60-day money back guarantee. It comes with the downloadable installer, which means when you click on the download button in the website after making the online payment, it gets installed in your PC. The earning potential and success rate it presents is quite good. When tested in real trading conditions with an initial sum of $200, it returned a profit of around $702.
The software offers quite a few exciting bonuses for the purchasers. The first is the Forex e-book, which you can consult for developing the basic ideas on forex trading. Forex Killer is also backed by a non-farm-payroll strategy. With every package you get an exclusive money manager applet and risk calculator. The software also claims to support other winning forex trading strategies developed by existing users of the software. The instruction on setting up and installations are quite easy to follow, and the system has the potential of earning profit, which, however may be less than Forex Tracer.
Forex Killer is said to be the only working forex signal generator. If you have this autopilot with you, you won’t need any supplementary signal services anymore. For a fast changing market like forex, the accurate signals and timely delivery of those signals are both important. If you have your own exclusive forex signals you have an edge over other traders. Forex killer is capable of doing so. The software can be used by the beginners and professional traders similarly. With just $500 in your account you can start trading with Forex Killer. It has a unique dual mode. It works with any existing automated trading platform and also works as an independent program.
But when we compared the ease of operation of this software with Forex Tracer, we were not very happy. The operations took longer than usual and definitely more than Forex Tracer. The software also expects slightly higher level of learning from its user which may prove to be a bit frustrating, especially for the new investors.
Forex Tracer is a new autopilot that is catching the fancy of the forex traders quite fast. A $200 initial investment yielded $1,345.34 profit. This highly profitable system lets you earn $18,000 in less than nine days. When tested under real trading conditions, it returned greater profit than Forex Killer. This universal software can be applied on any currency pairs and can be traded from any corner of the world. The ease of operations making the program extremely appealing to the new traders. Weighing the features the software has the $97 price seems to be quite reasonable. You need not have any specialized computer skill to run the program. And, finally if you are not happy with its performance, take your money back within 60 days. There is practically no risk in buying Forex Tracer.
By: Logan Daily
Reliable Online Income With Forex, Make Good Money With Forex!
March 29th, 2010
A reliable online income with Forex? Yes, it’s totally possible. I’m not some “guru” of money-making (how many of these clowns are there?), I am a normal guy who uses an automated system to make good money with Forex. Anybody can, really it’s that simple.
Now we’ve all seen home business opportunities, they are mostly either hard to do or pure scamming. Do you want to do online surveys? Affiliate marketing? Sell beauty products and cellular phones online? I know I don’t, so i started to look into trading Forex. What I learned is that the world of currency trading is as scary as a Stephen King novel. What are stop-takes and pips? I thought those are what you got inside grapes…
There are three kings of automated Forex out there, they are called Autopilot, Killer and Tracer. These three beauties are software programs written to trade the currency markets so that you don’t have to. They will buy at the right time and sell at the right time, helping you make a reliable online income with Forex. You can trade with as little as $300, the more you trade with, however, the more you will make, like with any business.
They work by using complex algorithms to detect a good point to buy and then to sell, this will, in 90% of cases, result in you making good money with Forex. Many of the pro systems sell for over $2000, this is quite a normal price range for these type of programs. However, these three kings vary between $80 and $100. Surprisingly they give the same performance as their larger brothers, a remarkable feat.
By: Matthew De Burg
