A.I. Forex Robot Review - Is A.I. Forex Robot a Scam?

By William Barnes

Is AI Forex Robot a scam? The Forex markets used to be only open to high net worth investors, bankers and other financial institutions who could gain access to the markets. Today, it is easily available to any small scale investor who wishes to invest their sum of capital.

This robot approaches the markets with a reasonable trading strategy that is conservative and low risk in nature. It encourages a responsible way of making money that generates a smooth upward equity curve over the long haul.

Is the AI Forex Robot Just Another Scam? However, with so many different trading robots available on the market today, how do you know which are the right ones that really work? These robots are supposedly able to trade and make money automatically 24/7, but you need to be very careful when investing your hard earned money in any such software. From my own experience, some of them are really useless and can lose a lot of money quickly.

How Does the A.I. Forex Robot Work to Find and Trade Automatically? It works by analyzing market patterns in the currency pairs that it is designed to monitor. These analysis rules are programmed into the software by mathematicians and professional traders that make them completely mimic what a professional trader would do in the exact same market conditions.

Finding the right trading robot can be hard especially if you have little experience in Forex trading and do not know what to look out for in the software. Of course, every robot works differently and thus will have different levels of drawdown and return rates.

Features and Main Benefits of Using the A.I. Forex Robot - This tool allows beginner as well as experienced traders to make money without having to deal with emotions. There is also no need to have any prior experience to using it as it comes with an instructional manual. - 23159

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Is A.I. Forex Robot a scam? Visit http://www.top-review.org/aiforexrobot.htm to read a FREE report and find out the truth about this new AI Forex Trading Robot!

Forex Trading Tips - Success with Fibonacci

By Mark Green

An optimist looks at a glass of water and says that it is half full; a pessimist looks at the same glass of water and asserts that it is half empty; a forex trader looks at it and ponders for a while then concludes that the glass is twice as big as it should be. Forex traders cover all the bases, they looks at charts from all angles and account for every possibility then make decisions based on timely and accurate information. The risks involved in forex trading are too high to entertain carelessness and the losses one can encounter are equally absolute.

Here are a few tips on retracement, reversals and the tools used - The famous Fibonacci numbers. Ever watched LOST, the movie series by ABC? Where the characters had to drudgingly enter seemingly random numbers into a computer or endure the consequences of some cataclysmic event if they didn't? Sorry I digress I know, but if you have watched it the Fibonacci numbers are a similar sequence of numbers; I shan't bore you with its history but all you need to know is that they are a numbered recursive sequence where the next number is the sum of the previous two (example 1, 1, 2, 3, 5, 8...etc). Now I know what you are thinking, so what right? The fascinating thing about these numbers is their natural occurrence in everyday things and in nature and how amazingly applicable these numbers are in technical analysis.

Depending on the chart you use (hourly or daily chart for a particular currency pair), you can find the support, and retracement levels by drawing a linear trend line graph from the most recent high to the most recent low. A retracement level is the point where the currency pair will continue its previous trend before continuing with its current trend. Hope I didn't lose you there, but to put it even simpler if the number 5 was a retracement level and I asked you to count to 10 meaning the trend is upwards when you reach the number 5 you would 'retrace' i.e. go back to 4 maybe 3 maybe even 2 before continuing upwards again towards the number 10. Now say I didn't tell you when to retrace, but you know at some point between 1 and 10 you have to, how would you do it? That's right Fibonacci numbers.

Having got your trend line drawn, you then divide the vertical distance of the two extremities by the key Fibonacci ratios which are 23.6%, 38.2%, 50%, 61.8%. Where these points lay on the x-axis of your chart, is where your retracement levels are. I missed out the 100% ratio; this is known as the resistance level, or the level where the market does not expect the currency pair to exceed within a particular time and all things constant.

Most traders pay more attention to the 61.8% support level, but in general the reason why Fibonacci numbers are such good indicators of trend change is because millions of forex traders rely on them as pointers, thus if for whatever reason a currency pair goes against the support or breaks a resistance level, rest assured that you will see huge activity on the market at just that instant.

As a parting note, I have stared at my charts for minutes on end, watching market indecision as the market decides which way to swing after a resistance level was broken; it is at that moment that I take big positions as the opportunity to profit is tremendous. I hope these pointers have introduced you to the concepts of retracement, but you can always use one of the many free forex charts on the internet to try it out for yourself; also using a practice account you can learn just when to buy and when to sell. - 23159

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For more forex tips, visit http://www.abc-of-forex.com

Forex Trading Software IvyBot Is Here

By John Adams

The growing popularity of online Forex market is truly quite amusing. It has demonstrated itself as one of the most exceptional technique to gain revenue. The root of its reputation is for the reason that its deals with cash, the most liquid asset in the financial world. The blooming market of Foreign Exchange is the factor why multiple platforms and services are now being offered online. It is truly a competitive world and so multiple facilities are initiating claiming to make your Forex trading experience effortless.

Using this system would just require you to have a computer, internet connection and basic knowledge about what you are getting into. There are many automated Forex trading software you could choose from. This system would monitor the Forex market for you and at the same could do the trade for you. It could stop losses or continue your winning streaks. Using this kind of automated Forex trading system would be ideal for traders who are really interested in trading but could not face it due to tome constraints and other restrictions. As automated trading progresses, it is obvious that manual and hands-on trading is being gradually removed in the process.

The forex autopilot has proved itself to be user friendly software. even though this is a common feature among many robots the IvyBot has customized settings to suit individual needs. Every trader has his own strategies and tolerance to risk. Compatibility with your system is very important since there is a threat that if you do not understand your system in an adequate way you are guaranteed to lose a fantastic deal of money.

In automated trading, everything happens very fast. Changes in the Forex market could happen in just a matter of milliseconds. So it is important to get and understand the trading signals quickly so that a trading opportunity will not be missed. For example, there could be 2 traders selling and 3 traders buying. If the traders who are buying meet the price the traders are selling, then there is a deal. It is a first come and first served basis. So, the two selling traders have to discretion to choose the buying traders. This process of clinching the deal, happens very quick in automated trading. That would be an approximate of a couple of seconds to do this.

Although, automated trading has increased the possibility of more people getting into trade, it still has its downside though. Jobs that were once done by people are being tuned over to computers. Everything seems to be measured by how fast a deal can be completed. For example, in the London Stock Exchange in June 2007, a trade can be sealed in an average of 10 deals per millisecond. That would be about 3,000 orders or deals closed every second. Achieving this far in Forex trading is not a sign that it is slowing down. Automated Forex trading is still finding means to improve its system and software. Continuous computer and technological development enables automated Forex trading system to have a wide array of features.

The big amount of money that you can get from successful Forex trading can be a big attraction for you to invest your money. So if you are interested in entering Forex trading or improving your profits, then you can look at the automated Forex trading as an option. - 23159

About the Author:

You can get a detailed review of the best forex software system,and the Ivybot at a forex robot ,reviews page. These pages give unbiased reviews on the best forex robots currently on the market. One of the best sites known for doing this is http://www.sneakymoneysystem.com