Thursday, August 27, 2009

New Trend On Forex, to make more money

Just now, I heard lot of news about new stuff called Forex MegaDroid, it is the most talked to make money about Forex robot in the past one or two years and most people can all understand the reason why...They claim this is The most anticipated Forex robot and software in the past 10 years is finally ready.

for example true multi-market conditioning scenario robot: like trending, non-trending, using volatile, non-volatile. Forex MegaDroid can nails with almost 95.82% accuracy rate (this means out of 100 trades, 95 is end up profitable!). Old technology based robot which competitor used are a thing of the past. no more of One or single market condition Only robots. to produce a great profit in one market condition, it will be never, give it all away when the market changes behavior.

This software, Forex MegaDroid robot has produced a 325% NET profit over the past 5 months at 2009. That is almost 100% (account can be doubling) performance every single month!

How much profit did it produce prior to that using others? Check it out ,and get free forex killer tips and trick, free London forex rush, free Gold Miner software ,free Trendfor ForexSignal and many more worth more than usd200.

Tuesday, August 4, 2009

Limitation of Technical Analysis on Forex Trading

What is technical analysis?

We use technical analysis in forex trading to make some nice profit, you are basically using a set of technical indicators yo predict which trend they are. These technical indicators could be but couldnt also not for example US Dollar, Pivot points or Moving Average or any of the other indicators that many expert or you may have come across. And actually what do these technical indicators will do for you? They will help you to determine when to tje perfect time to enter or exit a trade of a particular forex currency in certain period of time. It is alright using these technical indicators as long as you are careful in the sense that you understand their importance correctly. we simply cannot download a technical indicator and then apply it blindly to your forex trading methodology. That would be a terrible mistake. You must have a very good knowledge and need to understand their significance. In other words, what we are trying to tell you is technical indicators whatever they are, should constitute just a single part of your overall trading strategy. with this strategy, You could very well look at technical indicators as something that pin-points which the exact entry and exit points of the currency you are currently dealing with. But the very important point is you should never reckon with these technical indicators in isolation. Doing this will be very bad and it can be espousing the cause of the very limitations that these technical indicators possess to your portfolio.