Forex Confidante is an FX trading software application created by Thomas Strigano, an ex-bank trader who is now willing to share the investment secrets formerly seen as privy information available to banking investors. Forex Confidante is not a forex trading system based on an automated robot; instead, Strigano, a former Chief investor for a bank in Italy who is recognized as a prestigious member of the banking industry, is now revealing how to make real money with the forex market. This system reveals years of investing practices formerly kept hidden by the banking industry.

Strigano now teaches the forex investor why automated systems and forex robots should be avoided, while simultaneously educating the investor about a truly powerful method of forex trading. Investors get access to Strigano’s e-book, Forex Confidante, where they will learn the secrets of the Forex trading market. Investors learn how to identify what the forex market is telling them to do, how to target forex market gaps, and they also get access to a blueprint which will give them the chance to generate a six figure income. This application also illustrates how to win more than 95 percent of trades without any type of financial risk.

The Forex Confidante has been featured on CNBC, Fox News, CBS News, and in Reader’s Digest as well in Small Business Opportunities. This system makes it possible to make as much as $3100.00 in just three days time and the writings set forth in the book are easy to comprehend and implement. Forex Confidant introduces the trader to 14 golden rules of forex trading, the psychology of forex trading, and the secrets that will make the investor a powerful forex investor. Strigano is a forex expert advisor that is helping millions get in on the hottest investment opportunities presently available; the eBook contains more than a hundred pages jam packed with insightful forex trading information.

The Forex Supremacy software application is designed by Kumar, an individual that did not always have a profitable investment practice, at least, not until he developed his own forex trading system which is now identified as Forex Supremacy. Kumar is now sharing his powerful forex trading secrets with savvy investors looking for the fastest way to draw in huge profits from foreign market investments. Forex Supremacy is used by its creator on a daily basis to rake in a significant and very comfortable income too.

This software application subtracts the human elements from forex trading practices which tend to hinder trading actions. Instead, a forex trading robot makes trades for the investor based on powerful predictions. Predictions in the Forex Supremacy application are based upon ultra sensitive applications and formulas which have proven tremendously lucrative. The investor gets the opportunity to avail him or herself of hands free, unemotional, yet wise investing options! When testing the application, Kumar made more than $18,000 in two months time.

Traders can begin investing in the forex market with as little as a $1.00 investment, and there is nothing to learning how to use the Forex Supremacy forex trading software application!

Are you seeking Forex trading software that will act like a real expert forex advisor and teach you the ins and outs of Forex trading? Are you tired of monitoring your forex trading endeavors and are seeking a way to make your forex trading practices a far simpler task? The Forex Supremacy trading system has been made easy to navigate, simple to use and comes complete with comprehensive instructions. Investors that access the application can use the system the same day it is purchased. Forex Supremacy offers forex trading advice twenty four hours in advance, thereby making one’s investment strategies simplified. This system also has the unique ability to identify profitable swings in the market.

Forex Megadroid Review - How to set the basic configuration settings of the Megadroid trading software?

This Forex Megadroid video review gives you a number of tips and tricks about the basic default settings of the Megadroid software. You can skip the first minute and 53 seconds to go to the essential part of the video ;-)

Here is a short summary of the recommendations for the basic settings of the Megadroid software:

• The Megadroid software runs on the Metatrader trading platform so you will have to use a Forex broker which supports Metatrader. Click here for a list of the best free Forex demo accounts which support Metatrader. Search for a Forex broker with a low spread, because the spread will determine the size of your profits (the lower the spread, the better). The reviewer used an Alpari US account to test the Forex Megadroid.
• You get a pdf about the setup of Megadroid. The pdf manual does a really good job because the reviewer installed the Forex Megadroid in about 15 minutes. When you are not as experienced as the reviewer this could take you about an hour or longer.
• The default settings of the Forex Megadroid are good but here are a few recommendations:
  • Adding the ReceiptCode is essential because without it the Megadroid software won't trade the Forex market. The receiptcode parameter is your Clickbank receipt number.
  • The RiskLevel parameter's default value is zero, which means that this parameter is not used. It is recommended to change the value of the RiskLevel parameter to 0.1 which means that you risk 10% of the equity on any trade. The developers of Megadroid use 0.3 as a RiskLevel value. This means that you risk 30% of your equity on any trade, meaning much higher risks, but also higher profits. It is recommended - especially in the beginning - to start with a conservative value of 0.1 for the RiskLevel.
  • The default value of the RecoveryMode setting is set to 'true'. This means that when you have a losing trade, the next trade will be doubled in size to recover the losing trade. This could be risky in conjunction with the RiskLevel setting.
• The Forex Megadroid won't trade unless the computer is running and connected to the internet. The majority of the trades made by the Megadroid happen at night or over night. Things can happen - you could have a power outage or your computer could shut down for some reason computer could shut down - and you could lose a trade, resulting in a large loss. Therefor it is recommended to use a hosting site on which you can run your megadroid software, which gives you a lot of safety and security.

The settings of the Megadroid software will look like this (changed settings are blue):

Version=1.00 _1=System Parameters Stealth=1 Agressive=1 GmtOffset=0.00000000 AutoGmtOffset=1 S1_Reference=337733 S2_Reference=773377 ReceiptCode=ClickBank Receipt Number _2=Strategy Parameters Slippage=3 SendEmails=0 _3=Order Management LotSize=0.10000000 _4=Ratio Order Management RiskLevel=0.10000000 RecoveryMode=1 _5=Fixed Ratio Order Management UseFixedRatio=0 BaseDeposit=1000.00000000 StepRatio=0.20000000 ReduceLots=0

Choosing the right Forex currency pair is one of the most important decisions when you are mapping your future Forex trading strategy. Although you can switch from one Forex currency pair to another one during the test phase of your trading strategy, it should be common sense of a novice Forex trader to stick with one currency pair when trading for the first time on the Forex market with a live Forex account. Later on, when the Forex trader has gained more experience, extra currency pairs can be added to the Forex strategy. In order to really understand the concept of a currency pair some vocabulary is needed:

• It is very obvious that a currency pair consists of two currencies (e.g. USD/EUR)
• The base currency of a currency pair is the first currency in the currency pair and this is the currency you want to buy.
• The quote currency of a currency pair is the second currency in the currency pair and this is the currency which tells you how much the base currency is worth in relation to the quote currency. For example, if the USD/EUR is 0.052, then you need 0.052 EUR to buy a single USD.

There are three aspects you should pay attention to when choosing a currency pair:

• The spread: It is advised to trade pairs which have smaller spreads, because smaller spreads mean higher profits
• The trend: Select a currency pair with the highest fluctuations because more fluctuation means more profit opportunities.
• The time of trading: The most profitable time on the Forex market is when the volume is the highest. Fore example, when the New York Stock Exchange opens there will be more volume for the USD meaning more profit opportunities.

When you use an automated Forex software then the software will choose the best currency pair for you. For example, the Forex Roboteer will focus on the EUR/USD currency pair, while the Forex Profit Code software will focus on all the currency pairs.

The Forex Roboteer is an automated Forex trading software developed by Peter Parsons. Peter was trading for more than 15 years on the Forex market but his trading was limited because he was trading manually and he had to tweak the settings of his Forex trading systems on a daily basis. This took him a lot of time, time which he couldn't use to trade on the Forex market. Therefore, he spent 3 years researching Forex optimization and used this experience to develop the Forex Roboteer software with the accompanying Forex Roboteer optimization service.

Here are some of the features of the Forex Roboteer software:

• The Forex Roboteer is the first automated Forex software which uses three different Forex trading systems to trade the EUR/USD currency pair.
• The software comes with an automization service which puts the software on automated pilot 24 hours a day during the Forex opening hours.
• The Forex Roboteer robot averages about 4 trades per day and generates up to 83% of winning trades while trading the Forex market.
• The Forex software comes with a fully automated Forex money management module.
• The automated software even detects the type of the Forex account (micro account, mini account or a regular account) and the size of the lots.

The Forex Roboteer software doubled the size of Peters Forex account in only 6 weeks time. This year alone (as of the end of February) the Roboteer added an average of 23.1% to his three Forex trading accounts.

The Forex Roboteer software comes with an optimization service which takes care of the issues governing how to optimize, when to optimize and what to optimize for. By just flipping over the switch in the Roboteer software, the latest optimized variable settings to maximize the return of the Roboteer software will be downloaded and used. If you don’t optimize the parameters of a Forex trading software that the trading system can drift away, which means less profit and even losses over time.

The most important aspects used by the Forex Roboteer optimization service are:

• The Forex Roboteer optimization uses the 1 minute Forex charts to give the best Forex trading results because this is the most accurate test data available.
• The Roboteer optimization system limits the optimization extremes as there is no point in testing a stop and profit exit value of less than the spread. It is also not very wise to keep a trade open for months just to get a profit of a 1000 pips.
• Some of the system settings only need to be optimized at the installation phase of the Forex Roboteer (and thereafter less frequently) while others need optimizing on a frequent basis. The Roboteer optimization process takes care of the frequency of updating the system settings.
• The Forex Roboteer uses a Quality parameter which consists of a multiplication of the expectancy and the opportunity and is optimized to exclude curve fitting. The expectancy is the expected return a Forex trading system makes for every dollar which is risked. The opportunity is the frequency of trading over a period of time.
• Everyday, a fresh set of historical market data is collected from more than 20 sources – including Metatrader brokers, Interactive brokers, eSignal Data Providers, etc. – to build an averaged historical data set which is used for optimalisation of the Forex trading system. All of the test data was also compared to the historical test data of Metaquotes and Alpari. These comparisons have shown that the test data of Alpari is the only data which is very close to matching standard market data. This means that the optimization is more accurate, and that forward trading will match expectations pretty closely if you Trade an Alpari Forex trading account.

Click here to get more information about the Forex Roboteer optimization service.

The Forex Roboteer Forex trading system uses a fully automated built in money management system to decide what risk to take on each Forex trade. The Forex Roboteer uses three automated trading systems which work independently from each other and have slightly different moving average filters on entry and also use entirely different technical indicators to determine entry. Because there are three systems in use, an initial available margin check is made and the value is duplicated to three different money management files which handle the configuration settings of the money management system. The idea behind this is to let a profitable Forex trading system use its profits to grow the Forex lot sizes in new trades and a bad Forex trading system will reduce its Forex lot sizes.

The money management files are deleted at the start of a new calendar month. This will reinitialize the money management process and will apportion equal shares of the current trading margin to each of the three systems and three new money management files are created. It is also advised to delete the money management files when you add extra money to your Forex account.

The Forex Roboteer automated trading software gives you two options to deal with your Forex account money management:

• Fixed ratio money management: this money management system was developed by Ryan Jones and is explained in detail in his book ‘The Trading Game’. In the fixed ratio money management system all that matters is the accumulated profit and the delta (this parameter determines how quickly the contracts are added or subtracted) and the trade risk is not a factor of the equation.
• Fixed fractional money management: The fixed fractional money management system uses a set percentage of the Forex account balance to set the Forex lot size and the trade risk is determined as a factor of the equation. Most people are familiar with the fixed fractional money management method.

Click here for more information about how Forex Roboteer handles money management.

The Forex profit code is a Forex software developed by Robert Meyer. Robert has quite an online history. He started years ago trying to make a living trading the Forex currency market. He tried lots of different Forex softwares but his conclusion was always the same: not only had he wasted money on crappy Forex robots, he also lost lots of money while trading on the Forex market using these crappy products. After a while, Robert became just sick of the so-called Forex guru’s and he started his own Forex business. He invested his money in a number of Forex related websites and products and he became a very wealthy man doing so … but he also gathered a wealth of experience in the Forex market. Now Robert has bundled all of this Forex knowledge into a single product called the Forex profitcode!

Robert had to prove why the Forex profit code was better than the other Forex softwares. So in July 2008 he contacted Daniel Fips, an attorney at law and considered as a trustworthy third party (no jokes about lawyers and trust please ;-) ). Daniel started to use the Forex profit code in August 2008 and initially he invested only … 50 USD! The Forex profit code turned this small initial Forex investment into a whopping 3,721 USD after only 60 days of Forex trading. That’s an incredible gain of almost 750%. Due to the Forex profit code’s trading advices Daniel had 95% of winning trades in a period of 2 months. Because of this incredible profit, the results were double-checked and were also reproducible using different Forex brokers.

You will have to spend no more than 5 minutes to install the Forex profit code. After the installation it is recommended to run the software on a number of Forex demo accounts to get a feeling of how the software runs. The Forex profit code works for every currency pair and with any Forex broker so you can use any Forex demo account.

Every day more and more users join the Internet and become familiar with the huge profits which can be made on the Forex market. But trading the FX market is very complex and you will need years of experience to get your first profits. I'm not saying that you could make some money in your first trades, but these profits will be based more on luck than on pure Forex knowledge. A Forex robot (or in Forex terms, a Forex expert advisor) will give you parts of the knowledge of an experienced trader in an automated software.

The Forex Carnage robot is one of these Forex robots. James Terry, who developed the Forex Carnage robot, discovered that most of the people trading the Forex currency market don't understand or even use the basic market drivers of the Forex market. One of the most important drivers of the Forex market is volatility because it creates the real opportunities (read, your chance to make the best profit). It is also one of the drivers which is ignored by the so-called expert Forex traders because it takes more ability to increase your FX profits. James Terry translated the 'volatility concept' into the MT4 programming language and integrated it into the Forex Carnagerobot.

Getting started with the Carnage Forex Trading Robot can be done in two easy steps:

1. Open a Forex demo account and run the Carnage Robot for about a month. In the meanwhile, learn the trading platform, the trading systems and the trading strategies. Try a few other Forex demo accounts to get acquainted with the differences between the companies.
2. When you feel confident running the Carnage robot on the Forex demo account, move to a real Forex account for some live Forex trading. Choose a good Forex broker supporting the Metatrader trading platform. Look for a Forex broker that offers a good leverage (because this will determine your profits from the Forex trading).

There are lots of benefits running the Forex Carnage Robot.

• It's very easy to use. After your purchase, install the automated trading software and start trading on a Forex demo account within minutes.
• The Forex Carnage Robot works on every type of Forex account, being micro accounts, mini accounts or regular accounts. By supporting the micro accounts and the mini accounts you don't need a lot of money to get started with the Carnage Forex robot on the currency market.
• The Carnage robot has an outstanding profit/loss ratio.
• This Forex system is a one time buy without monthly fees.
• The robot works on a number of Forex currency pairs (most robots just work for just one currency pair).

James Terry is generating consistently 500 USD per day by using the Forex software he will share with you every nifty Forex strategy he uses to give you the same profits. He will also show you how you can copycat the Forex tactics used by very successful traders which are currently making people very rich. Hey, you don't have to reinvent the wheel to get rich ;-)

'At or better' is an order to deal at a specific rate or better.

The balance of trade is the value of a country's exports minus its imports.

Ballooning is the practice by market makers of increasing pip spreads during fast or illiquid markets.

A Forex bear market is a Forex market distinguished by declining prices.

A centralized market is any market where all orders are routed to one central exchange. The Forex market is not a centralized market.

The cash market is the market in the actual financial instrument on which a futures or options contract is based.

The cable is Forex trader jargon referring to the Sterling/USD exchange rate. The cable is so called because the rate was originally transmitted via a transatlantic cable beginning in the mid-1800's.

The Bundesbank is Germany's central bank.

A Forex bull market is a Forex market distinguished by rising prices.

In a professional trading environment, a book is the summary of a trader's or desk's total positions.

BLS stands for the Bureau of Labor Statistics.