Automated Forex Trading Review

Question by michaelpc12: Do forex robots really work has anyone tried one?

Best answer:

Answer by Jerry
Do yourself a favor and ignore any answer that includes a link to any forex site.

Forex robots, Iraqi dinar, and penny stocks are the most frequent scams on Yahoo Answers.

If anyone had a robot (or system, or EA) that produced reliable profits, they would use it to trade themselves wealthy. They would not give it away. They would not sell it and arbitrage away their own profits. The concept is ridiculous.

Testimonials and internet reviews can be fake. Past track records can be fabricated.

What do you think? Answer below!

by Tradingrichmom

Question by wasim217: Can anyone recommend a good forex signals site ?

Best answer:

Answer by rmijares
www.xe.com

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Question by miltonge: Forex: Everyone know the method Peter Bain? How he calculates pivot points, supports and resistances?
I am looking and following some great technique to created a lot of green pips.
Thanks
Experts do pivot points with end of day of new york session, 00:00am GMT or 00:00am ET?

Thanks

Very best solution:

Solution by mldjay
No but read this prior to you commence or continue with Forex:

http://www.cftc.gov/customerprotection/fraudawarenessandprevention/fraudadvisories/fraudadv_forex.html

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Question by YouAsked4it: Can Anyone Recommend a Good Forex Robot?
I’ve recently started trading forex online and have heard about forex robots that can trade currency pairs automatically for you.

I would like to know if anyone can recommend a good one and if so, what they like about it?
It has to be completely “hands off” – not just one that gives you signals which you then have to trade manually. This robot (some call them ‘expert advisors’) has to do everything for you … and make good money (of course!) with minimal drawdowns to your account balance.

Best answer:

Answer by Jane R
You can find reviews of several forex robots by someone who has tried several at http://www.forexweek.co.uk/

Know better? Leave your own answer in the comments!

by robot Cyber ​​Craft

Question of Johann : Who has encounter if forex robots are all very good for newbies Best Solution: solution

Jerry
Foreign exchange robots are a total fraud, at least these offered to the public général.Si an individual had an automated technique could generate constant profits, use them for the trading of their own funds. They would not sell for money court.Le Foreign exchange is a marketplace dominated by specialists. Newbies perdre.Lire virtually always. Study. Take courses. Soon after some achievement in mutual funds or person stocks before you try the more difficult markets this kind of as currencies, commodities or alternatives.