Home About Contact Us Privacy Policy Sitemap
Home Forex Demo Forex Markets Forex Software Forex Training Stock Assult 2.0
forex gold trader
Twitter

Forex Gold Trader 4.0 Product Review

By on Friday, November 4th, 2011 | No Comments
Stock Assault 2.0 - Artificial Intelligence Stock Market Software

The majority of the Expert Advisor trading systems we review at Forex Trends Daily tend to be focused on the Forex markets. So when we find something a little out of the ordinary then it sparks our interest.

Forex Gold Trader 4.0, as the name suggests, is an Expert Advisor for the MetaTrader platform with a sole focus on trading the spot gold price.

Forex Gold Trader Product Details

Product: Forex Gold Trader

Cost: $30.00 (monthly)


forex gold trader

What You Receive:

- Forex Gold Trader Installation manual and recommended settings

- Forex Gold Trader Expert Advisor V1.0 (EX4 file)

- 1 year of free updates

- 24/7 Customer support

Guarantee: 30 Day Money Back Guarantee

What’s Behind Forex Gold Trader?

For anyone who is not aware, the price of gold has been flying. In the current economic environment investors have been snapping up the yellow metal as a safe haven for their investments while many financial markets wobble.

However gold is not the easiest of assets to invest in. This is what makes the Forex Gold Trader 4.0 a particularly interesting option.

The 4.0 works on the 1 hour timeframe (XAUUSD,GOLD) and follows what seems to be a trend grid trading strategy. Trades are only opened when the gold trend is identified as up. No sell positions are ever opened with the 4.0.

For each trade that is opened a take profit target of 650 pips is set. No stop loss is set on open trades.

Full live account results are provided on the website and are very impressive. A quick snapshot of the last 6 months shows the following monthly gains:

  • June 18.54%
  • July 12.80%
  • August 19.82%
  • September 23.91%
  • October 27.40%
  • November 30.59%

All results provided on the website are verifiable by myfxbook.

How to Use Forex Gold Trader

Forex Gold Trader is provided as a typical automated trading EA. This means that once you have installed the EA into your Metatrader platform there is actually little left to do but fire up your terminal and let the robot do its thing.

The 4.0 is designed to be run 24 hours a day on your account as it can open a trade at anytime within this window. As we always say it can pay to have a dedicated machine to run an instance of Metatrader on, but in reality you will be fine with simply running this on your home machine provided you don’t mind leaving it on at all times.

Installation of the EX4 file is straightforward enough and covered thoroughly in the supplied manual.

Four full sets of settings are provided in the documentation. Each of these is aimed at providing a suitable trading level to suit the risk level of the user

  • Normal Mode
  • Aggressive Mode (Twice the lot size of the normal setting)
  • Safe Mode (Same lot size as normal mode but only opens trade in an Up trend)
  • Very Safe Mode (As above but with half the lot size)

Indications of the likely achievable results are provided on the website for each of the four provided settings.

The Forex Gold Trader EA supports 4 and 5 digit broker and is both NFA and ECN broker ready.

Forex Gold Trader – Conclusion

Forex Gold Trader has certainly produced some impressive results for what until now, is a relatively unknown EA. However I would expect that this will change as more traders become aware of it.

This system has been specifically designed to trade the gold and more importantly to take advantage of the recent strong uptrend in the gold price. As many traders will know, trading trends is one of the most profitable trading strategies that can be employed.

However it is important to note that any change in this trend could potentially see performance suffer.

Trends in the bullion market do however tend to last for years rather than weeks. Therefore with gold expected to maintain its recent uptrend, as most analysts forecast, then the Forex Gold Trader 4.0 could well turn prove to be one of the most profitable trading systems that we see over the coming months and years.

Forex Growth Bot Review

By on Friday, November 4th, 2011 | No Comments
Stock Assault 2.0 - Artificial Intelligence Stock Market Software

There’s a new and very hot forex bot in the market called the Forex Growth Bot. Like everyone else, I too jumped in to get my copy so I’ll give my Forex Growth Bot review.

Not too long ago, I had been critical of forex robots and automated forex trading but since then, I have been won over as I see all the convincing results in their live tests.

Bots vary one from another. You can’t really put them into into one class. There are good bots but by and large, many bots are useless. Forex Growth Bot on the other hand, looks rather impressive to me. It has been very well received by forex traders so far. As for me, my initially trades were slow but they produce good results at the end of the month and I’m in my third month and doing well.

All forex bots available in the market, claim to be able to analyze historical data to determine when it is profitable to trade. It is like me doing all the analysis by hand except that using a bot is easy and eliminates the need for long hours scrutinizing charts. I suppose, what makes one bot better than the rest, comes down to what they have been programmed to do.

So in evaluating a forex bot, we would need to know more about the creator, his experience in trading and his programming skills. As for Forex Growth Bot, it is developed by a Russian mathematician who impressed me as being highly intelligent and determined to produce a profitable forex bot.

I have tried the bot for almost 3 months and I have been seeing an impressive 70% to 80% of profitable trades. This is probably due to the bot’s uncanny ability to exit quickly when support levels are broken.

If you are looking for a bot that is able to manage and reduce your risk, I think you should test this out. You don’t have to do trading with your own money in the beginning. Just use paper trades until you feel comfortable. It is always prudent to study and familiarize every new system, even a reputable one like Forex Growth Bot so that you are thoroughly at ease when you actually make real trades on your money.

However, to know whether Forex Growth Bot works or not, you would need to test it out for a while to do justice to the system. A few days is not good enough. A bot will not win all the time and as long as it consistently wins, it is good enough. So just operate it like I did and you might be surprised by the result.

Forex trading has many advantages over other trading businesses as all you need to trade forex is a PC and an internet connection and you can trade from anywhere in the world. It is quite unlike in the past, when forex trading was limited to only banks and financial institutions. Now anyone can trade forex and make money too.

From my testing so far, I would give a positive Forex Growth Bot review as I have seen that it works well and you can be sure I will continue to use it. After I lost my job a year ago, I have been trading forex from home and I have no intention to look for another job.

What Kind Of Risk Involved With The Foreign Exchange

By on Monday, January 23rd, 2012 | No Comments

What Kind Of Risk Involved With The Foreign Exchange

Forex trade is one of the best home businesses in this modern world. Many people want to indulge in this Forex trade but risk is the only factor that stops them from indulging in this trade. Forex trade is the simple business in which a person can make money anytime by sitting in home through internet. Nowadays, the opportunities available for the Forex investment are more. But the only thing that overrides all these opportunities is the risk involved in this Forex trading. Forex trade can bring

Price:

Related Automated Forex Trading Products

Has anyone ever heard of Automated Forex trading?

By on Sunday, January 22nd, 2012 | 6 Comments

Question by oh henry: Has anyone ever heard of Automated Forex trading?
What are the pros and cons.
I had in mind the automated trading where an Expert Advisor (EA) program is created to trade forex.
Check the website below:

http://championship.mql4.com/

Best answer:

Answer by Common Sense
Boy… I wish I had the time to go into this for you.

Here’s the bottom line. 96% of all new traders lose most of their accounts when they try FX.

The biggest problems with “alert services” and “automated services” is “drawdown”. Until you get involved… you’ll have no idea what real pain is.

FX’s worst sin is the vendors. Brokers, services, etc. all make FX look easy. “Everyone can become rich”. If this was all true you would have heard of tons of people leaving he neighborhood for new mansions.

If you must try this…… read as many books as you can over the next 6 – 12 months.

What do you think? Answer below!

Personal Investors Hour

By on Wednesday, January 18th, 2012 | No Comments

A few forex training course products I can recommend:

Personal Investors Hour
What Do These World Famous Traders & Investors Know, That We Don’t? Learn Now! Amazing 52 Week Audio Interview Subscription Service 75% Payout Commission With Multiple Back-end Up Sells. Beautiful, Professional Website That You’ll Be Proud To Promote!
Personal Investors Hour

Forex Trading Secrets E-book
Three Fully Disclosed Trading Systems Using Stochastics, Time Diversity, And After Hours Trading. Learn About Forex Trading Opportunities Around The Clock And How To Setup Automated Trading Systems. Affiliate Tools Http://ebookforextrading.com/affiliates
Forex Trading Secrets E-book

Trading Systems That Work: Building and Evaluating Effective Trading Systems

By on Saturday, January 14th, 2012 | 3 Comments

Trading Systems That Work: Building and Evaluating Effective Trading Systems

Today’s computer trading programs can be a godsend to traders looking for an extra edge. They can also be filled with dangerous—and expensive—pitfalls for the uninitiated. Trading Systems That Work reviews and analyzes today’s major software programs, and helps traders determine which will work best for their personal trading style and habits—and which could actually work against them. Emphasizing Tradestation and Excel (the two most popular software trading programs), this valu

List Price: $ 55.00

Price: $ 24.22

The Most Important thing In Forex Trading – Money And Trade Management

One of the most important things that you must tend to and practice with your Forex trading is money management. Without money management, you’re doomed to fail. This should be obvious. After all, if you didn’t manage your money correctly in your household, you would go broke and perhaps lose your home. If you owned your own business and didn’t manage your money correctly, you would not be able to pay your employees and suppliers and soon you would have to declare bankruptcy and lose everything.

Price:

Find More Online Forex Trading Products

Learn the art Forex Trading With Abe Cofnas

By on Saturday, January 14th, 2012 | No Comments

A few forex training products, I can recommend:

learn the art of Forex Trading With Abe Cofnas
Buy low and sell high, that is the goal in the trade. But it is always risky trading. Part of the problem is people get in the wrong places, and Look To try to make a quick buck. Now Art Of Forex Trading Learn Forex With a professional guru Abe Cofnas.
learn the art of Forex Trading With Abe Cofnas

Price Action Scalper – Forex

By on Thursday, January 12th, 2012 | No Comments

Price Action Scalper – Forex
Brand New Product. Easy Sales. Low Refunds.
Price Action Scalper – Forex

The Pips Kidnapper
50% Commission On A Very Quality Forex Strategy. Send Your Lists And Site Visitors To A Great Product They Will Love. Low Refund Rate And High Customer Satisfaction. Full Affiliate Support Including Emails, Graphics, Articles, Etc. Just Try It!
The Pips Kidnapper

One million U.S. dollars Pips

By on Tuesday, January 10th, 2012 | No Comments

one million U.S. dollars pips
The first true one million U.S. dollars Forex Robot. Uses a unique scalping strategy in rapid pips with literally less than 5 pip stop loss bring!
one million U.S. dollars pips
Bliss Forex Formula – Solid Forex Course at an affordable price
Is shown that $ 3 Epc Convert. $ 139 / lead. We are looking long-term partnerships Http: / / forexblissformula.com / jv.html
Bliss Forex Formula – Solid Forex Course at an affordable price

Exchange mapping software?

By on Tuesday, January 10th, 2012 | No Comments

Question : mapping software stock market
I am looking for a basic software on my computer that I can download for free, without a demo. Just something with the cards that I can watch. No forex or other markets. I tried to MTI trading and Bloomberg, but they are all demos and demand money. Please help me! Best answer:
Answer

by common sense
http://www.freestockcharts.com/

Add your own answer in the comments!

Automated Forex trading?

By on Sunday, January 8th, 2012 | 9 Comments

Question by forextrade1970: Automated Forex trading?
Hello i want to find an automated forex scalping system and an automated options on stocks system. Can someone help?

Best answer:

Answer by Joe
I have never heard of any automated system that actually worked. There are a lot of people who will try to sell you a bunch of expensive software packages of question value however. Be careful.

Give your answer to this question below!

« Older Entries
Link Exchange