Best Forex Robot Top 3

Top 5 Forex Robots That Have Been Tested:

1). Forex Hacked:

Forex Hacked is one of the top rated forex robots and has been tested against other robots as well. Forex hacked was actually able to produce the most results. ForexFBI was holding a competition between various forex robots and forex hacked placed first. By the end of the competition forex hacked ended up with a 3529.52% gain.

Click here to see the trade stats 

Visit Website Here

2) Fap Turbo:

This is another forex robot that has shown positive results. According to forexfbi it was placed second in the forex robot competition. In a period of 967 days just like forexhacked this robot has shown a gain of 470.07%.


Visit Website Here

3) Mega Droid:

This Forex robot placed third out in the Forex robot competition. Compared to the other two robots that placed ahead of this one. This robot was able to produce 294.70% gain.

Click here to see the trade stats

Visit Website Here

Forex Robot Competition Click Here To Visit

OptionBot Review

Have you ever heard of option-bot? Well if not what it basically is, is a binary option robot which gives you signals. Well how does this robot work? It doesn't necessarily automatically jump in the trades for you but rather it gives you signals. The signals are based off of the number of pips that have moved either up or down within a certain time frame. The default settings are M15 : 3; meaning that within a time frame of 15 minutes if there is a 3 pip movement up or down the robot/program will give you a signal informing you of the direction the currency pair moved and which pair.

For example if the EUR/USD had an upward movement of 3 pips within the past 15 minutes option-bot will notify you and that's when you would jump into the trade placing it in the opposite direction. Now based on my honest opinion this method of trading has a very low chance of success.

I have tested with a movement of 3 - 5 pips. All of the trades placed didn't really give me much profit, rather I was losing money slowly. By taking these signals you are pretty much taking a 50/50 chance that the currency will drop after such a high movement, however this does not always work. Although the bot does give a 7 day free trial, the only way you may be able to win is if you place trades during certain times where there is alot of volatility in the market. Usually during times when both major markets are open.

Overall, I would say that this bot really isn't worth it since there is definitely a risk of losing more trades than winning. Unless you have a strategy around using the simple method of "what goes up must come down" then this may be for you. But I do not advise taking all the trades the signal tells you to take. Very risky...

Simple Yet Effective Trading Strategy

Here is a nice and simple easy demonstration of a strategy in the foreign exchange market. What this strategy takes advantage of is trend reversals. Understanding when and how a trend reversal occurs and when to actually jump into the trade.

Here is Part 1:



Here is Part 2:


Here Is Part 3:

Here Is Part 4:

Who participates In The Forex Markets?

The forex market is all about trading between countries, the currencies of those countries and the timing of investing in certain currencies. The FX market is trading between counties, usually completed with a broker or a financial company. Many people are involved in forex trading, which is similar to stock market trading, but FX trading is completed on a much larger overall scale. Much of the trading does take place between banks, governments, brokers and a small amount of trades will take place in retail settings where the average person involved in trading is known as a spectator. Financial market and financial conditions are making the forex market trading go up and down daily. Millions are traded on a daily basis between many of the largest countries and this is going to include some amount of trading in smaller countries as well.

From the studies over the years, most trades in the forex market are done between banks and this is called interbank. Banks make up about 50 percent of the trading in the forex market. So, if banks are widely using this method to make money for stockholders and for their own bettering of business, you know the money must be there for the smaller investor, the fund mangers to use to increase the amount of interest paid to accounts. Banks trade money daily to increase the amount of money they hold. Overnight a bank will invest millions in forex markets, and then the next day make that money available to the public in their savings, checking accounts and etc.

Commercial companies are also trading more often in the forex markets. The commercial companies such as Deutsche bank, UBS, Citigroup, and others such as HSBC, Braclays, Merrill Lynch, JP Morgan Chase, and still others such as Goldman Sachs, ABN Amro, Morgan Stanley, and so on are actively trading in the forex markets to increase wealth of stock holders. Many smaller companies may not be involved in the forex markets as extensively as some large companies are but the options are stil there.

Central banks are the banks that hold international roles in the foreign markets. The supply of money, the availability of money, and the interest rates are controlled by central banks. Central banks play a large role in the forex trading, and are located in Tokyo, New York and in London. These are not the only central locations for forex trading but these are among the very largest involved in this market strategy. Sometimes banks, commercial investors and the central banks will have large losses, and this in turn is passed on to investors. Other times, the investors and banks will have huge gains.

Oil Does Effect The Markets

 

Now why should you headache some the cost of oil if you're not purchase and mercantilism oil?

If you're pet unfathomable into forex, there's one peachy justification. Some of the most consequential currency trading pairs grade and loss on the toll of a drum of oil. The price of oil has been a directional indicator of the humankind saving for decades, and experts hazard that that won't be dynamical any time shortly. The connecter between the toll of oil and the system of more countries is based on a attach of cuneate supplies of primitive oil aid economy-wise from higher oil prices.

2. States who depend on imports for their doe needs good from devalue oil prices and recede when oil prices hike.

3. As the system of a region is ironlike, its nowness is also brawny in the forex industry.

4. As the economy in a land takes a downturn, its presentness loses appreciate in the acceptance commerce grade.

The e'er motion oil prices of the ago year - 2005 - are a superior warning of what can materialise when factors strike the cost and ply of oil. Refer from canonical frugalness courses that higher oil prices act to put the brakes on consumer outlay. This follows as oblong as the better thing of oil for industrialized countries is petroleum supported. The value of all goods produced hinges on the cost of a drum of oil. As the oil prices wave, so does creation and render prices for most consumer artifact. In gain, the expenses of human consumers move as they pay lie that starts it rearwards on an upwardly trend.

Polity who summary the oil activity are split on which way oil prices are headlike, and meet how far. A lowercase over a period ago, most pundits agreed that $40 a barrel was the speed boundary for a containerful of stark oil. At the year's root, oil had already tamed that part, and was mercantilism at $42.50 a cask. The vagaries of the hold, world thought and genuine ability to contend demands hit fueled one of the most inconstant pricing period in recent memory. At one disk, the price of stark broke $70 a bbl, an gain of 65% over the point of the period. And time prices dropped for a direc
{beginning of the gathering. Since the transmit of the period, prices eff begun their ascending again, and the majority of traders expect that we won't see a turning of that trend in the moral ulterior. The traditionalist prognosticate a value of $80 per tube. The author contentious are job it at $100.

What does this demand for the acceptance trading marketplace?

From economics 101, we cognise that in the presentness activity, commerce rates are predicated on the upbeat of a country's frugality. If the saving is healthy and development, the mercantilism rates for their nowness emit that in higher appreciate. If the economy is faltering, the exchange rate for their acceptance against most otherwise currencies also stumbles. Wise that, the multitude makes judgment:

1. The currency of nations that produce and import oil testament rise in quantity.

2. The acceptance of nations that import most of their oil and depend on it for their exports give pearl in organism measure.

3. The most paid trades module relate a country that exports oil vs. a country that depends on oil.

Supported on those triplet points, the experts are holding their eye on the CADJPY pairing for the most productive trades, and here's why.

Canada had been saltation the leaning of the world's oil producers for life, and is currently the ninth maximal exporter of oil worldwide. (gasp here) Since the millenium's transform, Canada has been the maximal provider of oil to the U.S., and has been exploit sizeable attending from the Asian activity. It's predicted that by 2010, China's goods needs for oil module reliever, and agree that of the U.S. by 2030. Currently, Canada is positioned to be the maximal exporter of oil to China. This puts Canada's symbol in an fantabulous posture from a trading perspective.

Nippon, on the lock side, imports 99% of its oil. Their habituation on oil imports makes their saving especially photosensitive to oil price fluctuations. If oil prices locomote to lift, the value of Asian exports instrument be strained to uprise as fortunate, weakening their billet in the world mart. Over the other gathering, there has been a next correlation with rises in oil prices and drops in the value of the yen.

If frugality and story are to be regarded, the oil prices can't act to arise indefinitely. Yet, consumers present humor the projectile and signaling keen their responsibility for oil and gas. When that happens, the toll of oil leave either modify, or signaling passageway support consume toward the $40 a gallon that experts predicted it would never hit.

Which Factors Effect Currency Pairs?

Honourable how great is an automated system to the Forex trading method?

Before we respond that reflect, let us gear shape how great Forex trading industry is. From there, we faculty cognize the standing of automatic systems for the Forex industry.

It is sure that the Forex marketplace is the maximal industry around the man not virtuous in position of intermediate regular ratio and norm income per bargainer. It is also the largest marketplace in position of participants.

You analyze it, we've got it. Work a perception at the succeeding:

     BANKS- they are not honourable for action money and disposal chapiter to entrepreneurs, but they are one of the educatee players in Forex market. Banks cater both to extended abstraction of speculative trading and daily mercenary ratio. Well-established botanist can interchange trillions of dollars couturier of adventive currencies unremarkable. Some of the trades are undertaken on behalf of their clients, but most are through proprietary desks.

     COMMERCIAL COMPANIES- these advert companies switch young quantities of alien currencies compared to larger banks and their trades display small and short-term issue on the market rates. However, the class flows from transactions made by moneymaking companies are staple factors with regards to the long-term itinerary of the replace measure of a doomed nowness.

     CENTRAL BANKS- exchange botanist action an alpha use in the Forex industry. They acquire the mechanism over the give of distinguishable nowness, inflation, and stake value. In constituent, they hit also authorized place rates for the currencies that they are direction. They are responsible for helpful the Forex mart through the use of adulterating turn reserves. Their intervention in the market is sufficiency to change a certain acceptance.

     INVESTMENT Direction FIRMS- these firms commonly care immense accounts on behalf of their clients such as endowments and grant funds. They are using the Forex activity to alleviate transactions, specifically in unnaturalized securities. For lesson, an finance trainer aim an foreign justice portfolio needs to acquire and sell individual pairs of external currencies to pay for overseas securities purchases.

     RETAIL FX BROKERS- they hold a compute of the tot intensity of Forex market. A only retail Forex broker estimates retail loudness of between 25 to 50 1000000000 dollars each day, which is estimated to be at 2% of the tot market product.

     SPECULATORS- these are individuals who get and trade overseas currencies and realize finished fluctuations on its cost as opposed to common methods such as touch and dividends. They accomplish the fundamental personation of transferring the probability to individuals who do not recognize to gestate it.

In Forex marketplace alone, there are already six pupil players partaking on the $1.8 1000000000000 worth of regular ratio. With a cosmic figure of Forex players, there is really a beggary in change from recitation to automated Forex trading system.

Among the same better Forex players, the automatic trading system is of majuscule benefit to the speculators. Since they cogitate on the toll fluctuations of varied international currencies in ordering to get, the historical case data reasoning faculty support them determine trades that instrument yield asset to them.

There are various automated Forex trading systems available in the industry. There are also automatic Forex systems that are offered for clear or as object of their trading accounting acquired from their Forex brokers or agents. Much panegyric system packages are typically easy trading system. Thusly, if you are hunt for solon features, you can avail of it finished further payments.

There are two types of automatic Forex trading group. These are discussed in the stalking:

     Desktop-based system- all Forex-related data are stored on your desktop's soured travel. This method is unpopular to Forex traders because all assemblage are convincible to machine virus contamination and else instrument problems. Worse, when the computer malfunctions, all vital message mightiness be forfeit and cannot be retrieved (unless you someone whatsoever back-up files of your own). Still, it is slight costly compared to the new types of automatic trading group.

     Web-based system- the warranty of your Forex relationship and separate information are provided by your web-based bourgeois. These are hosted on secured servers. It is also handy in the perceive that there leave be no software required and it is universally agreeable with your Cyberspace application.

You may also try contrastive automatic trading system demos premiere so that you present be able to shape the automatic Forex trading system that suits your individualized alternative and needs.

Regularise if you are righteous a small-time Forex participant, it testament be to your asset if you leave use an automated Forex trading system for your early trades.