Forex Robot or Expert Advisor cannot be used after 2008 Financial Crisis.
1. Many website and individual claimed their Expert Advisor (EA) can work well with more than 10% a month, however we found out that the market after 2012 is extremely sideway to Gap trading and highly volatile. As such all EA out there that created before 2012 is not suitable anymore and cannot generate the profit desire from month to month.
Of course, there are some good EA where you can try, but very careful because The risk can be 100% loss of your capital.
2. Forex Technical Analysis (TA) is an timing mathematical formula that the program use historical data to calculate and form an opinion to show either it is uptrend or downtrend. TA cannot analyse base on 1 minute chart and it speeds is very slow because now forex market move so fast. 99% of TA today is not suitable for volatile market anymore and it consider out-to-date.
3. Candlestick was created in 16th century during Japan Rice Market and the market at that time is so slow and price increase/decrease slowly. Today market is so volatile and many people still use this method which is totally irrelevant anymore NOW.
Forex Currency Trading System
For me, trading in forex currencies is without a doubt, one of the most profitable and lucrative financial instrument. Successful traders can sometimes earned you a yearly ROI (return of investment) more than 100% based on only 3% of the capital per trade by following the right forex trading strategy. It must be simple to trade yet highly profitable.
From my trading experience, a successful Forex currency trading system able to deliver these 5 simple things:
It can either Manual system or EAs as long as it is proven profitable (Updated on April 8, 2013) (My previous statement which now I think back is not true anymore; published on May 4, 2012: It must not a robot. (Just think with common sense: if forex robots do make big money, there will no poor people in this world)
Have a trading track records at least 10 years. (to prove that it is CONSISTENTLY profitable regardless any market conditions)
Best if the systems do not reveal stop loss. (to avoid stop hunting by market maker brokers)
Do not affect your quality of life (do not require much time to stick to computer chart all day long or night-owl trading)
Do not cause stress or emotional roller coaster. (make big profit and then suffer big loss the next trade)
As simple as that, if you are able to follow this type of system with discipline and consistently, then you are sure on your way to become a successful and profitable forex trader.
2 Broker give free robot for trial, Kindly signup using link below and whatsapp your account number to me so that i will email the FREE EA to you. There is no guarantee of profit and the risk can be 100% of capital loss.
Broker 1 – FOG
SIGN UP LINK: https://private.forexoptimum.com/agent.html?agent=800000361670
Account Type : STP Standard
Currency : USD
Leverage : 1 : 500 (max)
Broker 2 – VantageFX
Contact us for more information.
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“Lowest pip spread in Forex World”
Head of ASIA Forex Fund Management Team
Master IB in Asia.
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