forexnewstrader.com

Forex No Loss Robot

Rich — Sun, 01 Nov 2009 20:28:41 +0000

Is this true? A no loss Robot seems crazy and maybe it is, but it may be worth a gander. We’ve seen many good Forex Robots and bad ones, but a NO LOSS one seems amazing.

Some major points the Software says it does.
1. A no Loss System – Seems odd, but could it be.
2. No experience in Forex – This we highly recommend you get some experience before you trade anything.
3. Trade Automatically – It’s always nice to have something like a Robot Trade your money, just keep your eye on it.
4. All Currency Pairs – This is a plus, if it is a good robot it shouldn’t just work on one pair.
5. Easy to use – This is a huge point.
6. Trades while you are a sleep – You know how we feel about this

A built in Money Management application is a great hing on a robot. This can save you big time. There are also plenty of bonuses that come with the download. These products always have free stuff, which is a plus as well.
You can see other Forex Robots by clicking here.

We may have to give this a test run to see if it works. If you try it out please let us know how it goes. We like honest results.

Forex Alerts

Rich — Thu, 17 Sep 2009 15:20:14 +0000

A lot of Forex Signal providers will send out Forex Alerts using an SMS system that will send the signal to your email, cell phone, or any other device that can receive these types of messages. The one thing you need to consider when signing up with a Forex Alert provider is to know how well the alerts are sent to you. If you are getting the Forex signals too late, what good is it to you and your bankroll. Once you find a signal provider be sure to ask them the appropriate questions on delivery times and guarantees. This is one area that may cost you more money than you want.

Having a good provider is nice and will improve your daily time schedule since you won’t have to sit at your computer all day. Even better is if your Blackberry or Iphone can make trades for you, then you won’t even need a computer at all. This is a huge factor.

Finding the programs out their can be difficult, but make sure your due diligence is involved. Keep the provider in check so ask all the appropriate questions. If you get solid responses then most likely a free trial is well worth it, especially on a demo trading account.

If you find a good alert provider please let us know more and we will let more people know, just fill out the contact form on the contact page.

Trading Currencies

Rich — Tue, 01 Sep 2009 20:18:18 +0000

Now that we are in September I think it is time to really start looking at some news events. This Friday we will have a very important NonFarm Payroll event that could move the market significantly. Based on last months move, this one could be bigger if the numbers are in the right spot. This event is still our favorite event of the month and most likely it will stay this way for a long time. Trading currencies versus trading stocks at the release of the news event is always in the Currency favor due to the fact that the stock market isn’t even open for trading at 8:30am. When the news comes out all the pairs will be ready for the traders move.

Some brokers are better than others when it comes to the actual data feed, so you may need to change brokers to get the best fill. If you trade soon after the news comes out, more on the secondary move, then it shouldn’t matter which broker you are looking for. Forex Signal providers still offer you their fast action trading software to make a move on the market right at news time. This method has been used for years and still does well.

Over time trading becomes a place where you pick your spots and you try to make money. Don’t force the issue and trading will come a lot easier. In the up coming trading days as volume picks up pay attention to the movements around news time and see if they are more fluid then in the past couple of months.

Good Luck.

Forex Summer Trading

Rich — Mon, 24 Aug 2009 13:20:15 +0000

Sometimes it is best to sit on the sidelines when the trading is thin and the volume isn’t enough to even make a candle stick move. You often hear the term, it is like watching paint dry. Well, the truth is, when the volume is low, especially in the summer, it is like watching paint dry. This is the time to sit out and research or work on new ideas. It is not worth losing what you already made and if you are already in the whole, you may just be adding to your loses.

If you have a trading method that works in any type of market, great stick to it, but if you have a volume traded method, don’t be mad when you see the strategy fail in the summer. August can be the hardest month to trade in. The time markets move with volume is during news times. We like news trading, but if your trading style is not predicated on trading the news, then again, sit on your hands.

Not trading is one of those emotional plays that may creep up and tell you just do it, it could work. It is only until after you lose money that you say, darn, I should I have sat on my hands.The temptation is always there, but if you could stay out most of the time, yest you won’t make any money, but you won’t lose any either.

A buddy of mine once said, no risk it, no biscuit, but this one of those days that I would rather shut down the platform and go out for breakfast or even workout. Study and research and if you must trade try it with a free demo account. Forex trading is a tough ride and playing the markets in tough conditions can be detrimental on your account, so please only trade where you see a great opportunity or when the volume has really picked up. If you are using a Forex Signals service ask them what they think about trading in the summer months.

Robot Performing Well

Rich — Sun, 22 Jun 2008 22:02:24 +0000

It was a slow week for trading the Pound Yen and the beast kept in a fairly tight range. Our robot has held steady taking some losses and finding some winners. Remember this is a continuation from where we left off over 219%. in three months. We are up 21% since the inception of this robot, so all in all we are in great shape.

We do have some more good news. Coming soon, you will be able to have one of your own take off robots. The requirements to receive this robot are fairly simple, so stay tuned. You may also contact us on our contact page if you would like your own Forex Robot.

Robot Still Cranking

Rich — Mon, 09 Jun 2008 16:18:59 +0000

Here we are with our new demo robot since the hardware failure we had a few weeks ago and we are already up 30%. We left the last one up 200%, so this would just be more to the bank if it were still active. We’ve had some pretty good moves on the trading and we will keep it rocking. We are in the process of building it for the visitors of forexnewstrader.com, so if you are interested, please use the contact form more information. Here are the latest results.

New Bot up 23%

Rich — Fri, 06 Jun 2008 01:02:26 +0000

It hasn’t even been a week and our new demo account is up over 23%. We got off to a strong start and only suffered some minor losses before we got some nice gains again. We do have non farm payroll tomorrow, so we could either hit it big or get hit big, but that is what a demo account is all about. Keep an eye out for our news trade as well. NFP always makes for some fireworks.

Positive Start to the Week

Rich — Mon, 02 Jun 2008 20:09:19 +0000

A nice start to the week for our robot. We took one trade last night and it was on the short side. The trade only took a few hours to reach our target profit point. Unfortunately we had to restart our demo robot, but at least we can just start it from scratch. We have only traded a few days with this one, and we are up 11%.

Robot is Back Online

Rich — Thu, 29 May 2008 19:20:07 +0000

After several weeks of hardware failure, the Pound Yen robot is back online. The Demo Server that hosted our demo robot was completely rebuilt and is ready to rock. Unfortunately, we will have to start our results over from scratch, but at least we can still keep testing. We are very sorry for the delay and would like to get back on track as soon as possible.

We are starting with a $10,000 demo account using FXDD metatrader platform and we will run this thing continuously, win or lose.

We are near the end of the week, but we were able to squeak out a small gain for the first day back. It is always nice to get off on the right foot. We will post results as soon as they are available, so stay tuned.

Trading on Hold

Rich — Mon, 19 May 2008 00:47:58 +0000

It turns out that our demo server has been crushed by a bad motherboard and other issues, so all of our trading robots will be on hold for a few more days. We will post our results as soon as we have it back on line.