Posted by
Noman Manzoor
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Posted in
Forex Trade
The Surefire Trading Challenge is a unique concept thats creates a lot of buzz every couple of months when it is opened to the public for a couple of days and then closed again. Many people wonder what this Surefire Trading challenge is all about and if it really is worth the price tag. I decided to purchase the product for myself and answer this question once and for all. See my review below for more details..
What makes the Surefire Trading Challenge unique is the fact that it’s all about real traders and real trading systems, not just the usual theoretic systems that many Forex products are based on. Every couple of months a trading challenge is held to find the best forex traders out there. How the Surefire Trading Challenge is organized and what the winners receive as prize is unknown, but wat is known is the fact that the 6 winners have to expose all the details of their trading systems to the paying members of the Surefire Trading Challenge community.
This challenge is repeated every couple of months and the existing members get access to the 6 new winning trading systems every time, but this is not all that you get with the membership..Once you become a member of the Surefire Trading Challenge, you gain access to the latest 6 winning trading systems, as well as all the winning systems from previous challenges. The current launch (June 2009) is the second round of the challenge, so when you join you immediately have access to the 6 winners of the latest challenge as well as the 6 winners from the previous challenge when you sign up for your membership. I spent some time going through the latest 12 winning strategies and they are definitely diverse..there should be a system in there for virtually every type of trading personality.
Posted by
Noman Manzoor
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Posted in
Forex Trade
Forex Ambush has recently become one of the most popular signaling services online. The Forex Ambush website claims you will never have a losing trade if you follow their signals and they provide some impressive live account statements to proof it.
Normally I’m not very interested in ssignaling services, but this product certainly seems to offer something unique and because many of my readers have asked for a review, I decided to do some research and see what Forex Ambush is really about.
The question I wanted to answer was - if the Forex Ambush signals really are 100% accurate, then why isn’t everybody using them? The answer to this is the most important thing you need to understand before deciding to try this product..
Firstly I have to say that there is nothing false about the claims made on the Forex Ambush Holmepage. Since their signaling service was launched in September 2008, they have had a 100% success rate with no losing trades. However, the problem lies in in the way this 100% success rate is achieved. In order to have success with this system it is essential to understand the risks involved.
Posted by
Noman Manzoor
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Posted in
Forex Trade
Forex Funnel is one of the newest Forex trading robots to enter the market. They have a fantastic back testing graph on their homepage showing a very smooth upward equity graph, with a high success rate, low drawdowns and a net profit of more than $400,000 from 4 years of trading.
I spent hours online looking for actual customer reviews of the product, but all I found was general overviews containing exactly the same info that was already available on their webite, which isn’t a lot. So I decided to purchase the product and see for myself if it really is the profit pulling system that they say it is.
..So is Forex Funnel the real deal or is it a scam ?
After testing the system for a week I can say that this product is definitely not a scam, but it is also not suited for everyone. Forex Funnel uses a high risk, high reward trading strategy that can make you a LOT of profit, but it can also wipe out your account quickly if you are not careful.
Posted by
Noman Manzoor
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Posted in
Forex Trade
I spend a lot of time reading reviews of Forex products online and I am mostly disappointed by what I find..but this wasn’t the case when I read about the Hectortrader Forex Trading Course. I have seen many real reviews from users of this course and have yet to find a single negative comment about it online. So what is the Hectortrader course all about and why are Hector’s customers raving so much about it ? I decided to buy the course and find out for myself..
One of the most common phrases in Forex trading is that “The Trend is Your Friend” and it is a widely accepted fact that trading with the trend is the most effective way of maximizing your profits and increasing the probability of your trading setups. The Hectortrader Forex Trading Course teaches you a simple, but very accurate way of identifying and trading with the trend in the Forex markets.
At first glance the price tag of $197 seems quite expensive, but as soon as you log in to the member area you quickly realize that this product should in fact be much more expensive, because similar products normally sell for $1500 or more. The Hectortrader Forex Trading Course consists of 17 hours of live trading videos where Hector teaches you his exact trading methods down to the finest details. You also receive a number of custom indicators developed specifically for this system, as well as one on one email support from Hector himself.
One great thing about this product is that Hector offers the first chapter of the course free of charge, so you can get a good taste for the quality of the material before making a decision to buy the whole course. Chapter 1 is all about analyzing and identifying the trend using his very effective 3SMA technique and it contains a lot of great information that you can use even if you don’t decide to purchase the rest of the course.
Posted by
Noman Manzoor
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Posted in
Forex Trade
After spending an hour or two researching this system I found enough evidence that showed that Pips Leader is not the typical garbage Forex robot that is launched on a weekly basis. Pips leader uses what is called a “basket trading” strategy, which can be very effective if you understand the risks involved and enforce strict money management rules.
I have read many reviews from users of the Pips Leader system and I have to say that it was hard to find any negative comments about this product. Those who did lose money or gave Pips Leader a bad rating didn’t seem to understand the money management requirements of this system.
A Basket trading system like this can have up to 30 or more open trades at any given time, so it is important to understand what your percentage of risk is in order to avoid margin calls. While the Pips Leader Homepage states that you can start with as little as $300, the amount of margin used on such a small account will be way too high and the general feedback from customers is that the optimal account size for Pips Leader is $2000 or more.
I am very impressed with what I have found about Pips Leader so far and decided to make this the 2nd Forex robot that I will test in 2009, in addition to the recently launched Forex Megadroid. Check back regularly or subscribe below to see my latest trading results using this system.
Posted by
Noman Manzoor
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Posted in
Forex Trade
If you are interested in learning how to trade Forex yourself then I would definitely recommend the new LMT Forex Formula that was recently released by Dean Saunders, the creator of the popular 10 Minute Forex Wealth Builder system. The LMT Forex Formula is the perfect introduction to Forex trading for beginners.
About 90% of the system is automated, so it requires very little discretion and practice, but you also do a few easy manual checks to confirm good trading opportunities and you place/manage the trades yourself, so you are in full control..not to mention the fact that this system can be extremely profitable!
Posted by
Noman Manzoor
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Posted in
Forex Trade
If you are interested in Forex Robots, then I really recommend that you check out Forex Megadroid. Fap Turbo is still the most popular Forex Robot out there, but it is definitely not a plug and play solution and many beginners struggle with the setup.
Forex Megadroid on the other hand is very easy to set up, it is $50 cheaper than Fap Turbo and very profitable according to the test results I have seen so far, so as a Forex Robot it makes a very good choice for beginners. If you do decide to purchase one of these products, make sure that you get my Advanced guides to help you get the most out of your purchase.
Posted by
Noman Manzoor
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Posted in
Forex Trade
A ‘Secret’ Software For Everyone Who Secretly Suspects, In Their Heart, That There MUST Be A Way To Make Decent Profits from Trading Forex And 'Have A Life' At The Same Time...
Posted by
Noman Manzoor
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Posted in
Forex Trade
Why I am ABSOLUTELY CONVINCED that this is the best “business” in the world?
Because there are:1. no rent of offices (that is, NO dealing with Realtors, Lawyers, and government departments…man, what a pain in the ass). Also no office fit-out costs
2. no staff, (man, unless you have had large numbers of staff depending on YOU for their paypacket each week, you cannot know what a huge pain in the ass it is. They ALL want you to solve their problems)
3. No inventory or stock to buy. No shrinkage (theft of stock) and no “slow moving” items. No massive amount of funds tied up in inventory
4. You can “borrow” as much as you want (by increasing your leverage), WHENEVER you want. (Try running a big business and going to the bank for a short term loan for $10 mill…it will take a month minimum). I am trading $10-12 mill all the time and I get it instantly through the brokers by the use of leverage.
5. If the business becomes a hassle for whatever reason, you can shut it down (that is, close all positions) instantly…and re-open (initiate new positions) whenever YOU want to re-open your “business.”
6. You can “scale” your business to whatever size YOU want simply by increasing/decreasing your positions.
7. Absolutely minimal paperwork. Simply send your 12 month summary Profit and Loss Statement to your Financial Accountant for tax payment purposes.
8. You can trade from anywhere in the world. My wife and I travel most of the year. (take your laptop or PDA or whatever else they will come up with and trade while sipping a nice drink as close by as your local cafe or as far as some open air cafe in some remote little town in b
Posted by
Noman Manzoor
|
Posted in
Forex Trade
When you start out in forex trading it may be useful to join a company that will help you trade by providing forex trade signals.
There are many forex traders that offer this service where for a fee you can join their chat room or message board and be alerted when they make a trade. Problem is most of these services are so unprofessional, inaccurate or just plain cheating that it is hard to find a reputable one.
We have been members of "reputed" trade signal companies and have paid upwards of $300 pm for some of these services and have been burnt by just about every one of them.
However there are some that are reputable and we list the best ones below. Most of them have trial periods or accounts and you can test their forex trade calls before you start.
Very Important Note : It is crucial that you never rely on some kind of forex robot , automated trading system or signal service such alone. You must use your own trading plan and stick to your own trading rules and use a forex signals service only as confirmation of your trade or as an alert to a possible trading opportunity. Always use your own judgment, knowledge and experience of the forex market to make your trading decision.
Posted by
Noman Manzoor
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Posted in
Forex Trade
Technorati Tags: day trading and dow jones, forex capital markets internship, forex options trading brokers, forex world trading times
Posted by
Noman Manzoor
|
Posted in
Forex Trade
Forex deals rely on stock marketplace money from a variety of nations to create a dealing marketplace where millions of trades are done on a daily basis. This forex exchange is like the US market, because individuals buy and sell stocks in the same manner, but the exchange and the over all results are much larger. The ones doing transactions in the forex stock market include the UBS, the Deutsche bank, HSBC, and numerous others like Citigroup and Merrill Lynch and even more American financial businesses.
To get your hands dirty in the forex exchange, contacting any of these large broker assistance firms would be the most beneficial step for you. Sure, anyone can get involved in the forex market, but it requires some education on how the forex market flows and just where you should place your money at any one time.
Learn to profit consistently and systematically trading the Forex market with the 3 top PDFT (Price Driven Forex Trading) systems.
