Each country has its own currency. A concurrent exchange of one country's currency for that of another is termed as FOREX or Foreign Exchange and can be represented with FX. Sometimes Forex is referred as Retail FOREX also. FOREX is a platform for individuals, banks or institutions who wish to speculate on the exchange rate [...] Read Full Story

If you’re in the marketplace for an automated forex EA Robot, you have come to the right location. As with any heavy purchase in your life, you want to make sure that you are spending your hard-won money on something worthwhile and not a trick. Visit our site for more about top forex robot. Here [...] Read Full Story

Many markets are traded on unique exchanges or on an electronic platform or over the counter market that is made up of trading groups or individuals. The Forex is such a market. Grains are traded on the CBOT (Chicago Board of Trade) and cattle and hogs on the CME (Chicago Mercantile Exchange). The Forex (Foreign [...] Read Full Story

A force to go back and forth between France and the U.S. after having lived 6 months there, I found myself a little in spite of me to arbitrate between Euros and Dollars. Sometimes I needed to pay my bills in U.S. dollars when I had the money to my account in Euros € and [...] Read Full Story

Two wins this week with my Pipzu robot. After Friday’s trading, I’ve become a bit more conservative. I took profit at only 30 pips on these trades, but increased the lot size. Total Pipzu profits now stand at $324.3. By the way, each of these trades continued on and would have given the 90 pips. I’m also still in the black with FAP Turbo (eur/gbp), but not by as much. Total profit now stands at $105 over the last 6 weeks. This was due to the $700+ stop loss I took earl... Read Full Story

Hey everyone, Hope you had a great weekend! I had a rough day of trading on friday with my stop loss hit on FAP Turbo. I’m going to be making some changes to the way I trade, as well as my broker. First off, I plan to use 3 different brokers. I’m still deciding who to go with. I want to split the risk among them. Many traders didn’t get the bad trade on Thursday night/friday morning. I’ve had other traders tell me that they have reduced the scalp period and won... Read Full Story

I got an email this morning from David, who is having some success with both Pipzu and FAP Turbo. I thought I’d share… “Hi, My PipZu EUR/USD finally started trading last week. It has made a trade tonight also. All the trades it has made so far(2) have been winners. Tonight, it made a beatiful sell trade and after that all I saw was a big white candle heading down. I am going to stick with a take profit of 20 to 30 pips though because EUR/USD pair really does not move alot... Read Full Story

First, I want to thank Daniel for sending me the link to Mt4 stats.  I’ve signed up for an account and will be giving you guys access to my results 24-7, with only a 5 minute “refresh period”.  Pretty cool service.   The banner/link will be at the end of every blog post. As I’m looking through my results, my account now stands at $2365.  This is a result of the $200 hit I took friday morning with the “tweeked” eur/usd scalper settings…a robot I said i... Read Full Story

Starting this week, and from here on out, my trading will be 100% set and forget.  I’m not worried about looking at any charts before the scalping period.  For FAP Turbo, The LRR will be left at 25 on a daily basis.  I feel that is agressive enough without risking it all on one trade.  As always, only the eur/gbp pair.  There will be NO long term strategy or the other 3 scalpers. I’d go a little higher on my FAP Turbo LRR if it weren’t for my max spread of 6.  I’m havi... Read Full Story

It’s a good thing I waited until this morning to write up my weeks review.  It had been a slow week.  I had turned back my LRR because of some volatility, and the spreads had been high.  Not many trades.  I still managed $120 profit through thursday with FAP Turbo & Pipzu, only one small $30 loss… 6 wins, 1 loss overall .  I spent alot of time this week posting with other members over at the FAP turbo members only forum.  A few posters talked me into trading the eur/usd long t... Read Full Story