Thursday, August 28, 2008

Forex Autopilot Review - 15 Winning Trades In 2 Days

Forex Autopilot (FAPS) saved my live trading account!

I been busy running other automatic forex trading software on my live trading account that sometimes I forget why Forex Autopilot is so good. Take a look at one of my current live trading account's history. This one is hot off the press. I had an initial deposit of $500 on this Interbank FX Metatrader account. As you can see, I had a losing trade at the beginning that finally hit the stop loss and lost me 30% of my deposit! Ok, ok... I know it's poor money management so don't try this at home.

But the good news is that I decided to switch back to the Forex Autopilot EA and look what happened! I had 15 consecutive winning trades in less than 2 days. In fact, I've almost made back what I lost in the beginning. How it this possible? Well, Forex Autopilot was designed especially for the EUR/ESD 1 minute timeframe. That's a very fast timeframe to trade in and most forex scalpers trade this timeframe manually by hand. A lot of forex robots are not able to successfully trade this timeframe because the lagging indicators that they use can cause them to enter or exit trades too late.

The default EA setting for Forex Autopilot will give you profitable trades but these settings can be tweaked to give you even better results. I may share with you some of my profitable EA settings is future blog posts but you can also try joining the FAP-Winner forum. This is a forum for Forex Autopilot users where you can get not only the most profitable settings for FAPS but also a personalised trading plan, coaching and trading advice to get the most out of FAPS.

In the meantime, if you haven't already downloaded Forex Autopilot, you can get it here => Download Forex Autopilot System

Sunday, August 24, 2008

Forex Tracer Review - Better Than FAPS?

Forex Tracer is the latest Forex trading system online and it's selling like hotcakes. Much like the other automated trading systems such as Forex Autopilot System (FAPS), it requires no previous experience and has been designed to run on autopilot and make you money. All that is required is a reliable Internet connection and the ability to leave your computer on 24/7.

Believe it or not, Forex Tracer produced over 94.90% profitable trades from July 2006 to May 2008... well, in backtesting anyway. Still the modelling quality was 90% while means it's pretty accurate. Forex Tracer has been tested in all kinds of market conditions and for extended periods and works with the 30min, 1 hr, 4hr and daily timeframes.

This system has been getting good reviews on the Forex forums but traders should be aware that Forex Tracer uses a fixed stop loss of 250 pips unlike FAPS. The downside to this is that while you may have many winning trades initially, one major market movement against you can wipe out all your gains. So, the advice above still applies. Turn off Forex Tracer before major news announcements. Read the Top 3 Automatic Forex Trading Software here.

Friday, August 22, 2008

Top 3 Forex Autopilot Trading Software

Here's a review on the latest automated forex trading software system. The review covers Forex Autopilot System as well as the newcomers, Forex Tracer and Sillicon Forex.

Click here to read the review => Top 3 Forex Automatic Trading Software.