Forex Top List Team

Posts Tagged ‘forex trading system’

Forex Brilliance – Each Currency Pair Gets an EA

Tuesday, March 23rd, 2010

I see quite often different robots being created to trade on any pair. They’re never developed or even tested on all currency pairs. Typically there’s only one currency pair and it’s created and tested on it. But traders still use it on different currencies and see totally different results. However, I I suspect it only makes sense to have a robot made for one currency pair and trade with it on that one special pair all the time. That’s what Forex Brilliance developers think too and they have developed a suit of expert advisors that trade on particular major pairs. There’s no bafflement as regards what to trade it on and whether it should work better on one currency pair or another. I believe more developers should use this practice. Not only that, when you’re trading manually, you should consider that to be true for your manual system also. It’s a matter of chance, after you test and modify a system on one major pair, it’s likely to perform better on it. Of course, I do not say that there are no systems that are universal, but it is’s a lot more difficult to create and run such a robot.

Forex Cash Evolution – Tricks to Find The Best

Sunday, February 14th, 2010

Source: Forex Cash Evolution

The choice is crucial, and yet many of us do not get it right first time. Having the right broker can actually make a contribution to your profit or loss. So what should you look for in a foreign exchange broker?

1. Investment Level

Look for a brokerage service that’s aimed at clients at your investment level or a little higher. They vary widely from a $25 minimum right up to $10,000 or more . Don’t go for the currency exchange broker with the lowest minimum investment unless you are going to invest the minimum. Each company’s spread and services will be different, and you would like a service that could be a good match for you.

2. Regulation

Check their membership of regulatory bodies. This could give you some protection in the case of the company’s failure. Remember that the regulators will depend upon the country in which the company is registered. The main US regulators are the Commodity Futures Trading Commission ( CFTC ) and the nation’s Futures organisation ( NFA ). Foreign brokers may not be registered with them but will have other alternatives. Check exactly what those are and what protection they give you.

3. Platform

Take a look at the software platform. You can mostly access this in a demo account. Unless you intend to subscribe to a separate technical research service, you’ll need something that offers good charts. Some foreign exchange brokers also offer financial reports alerts which can be helpful. Do not forget to check the order process is clear and easy, to avoid mistakes.

Pip Android

Sunday, January 24th, 2010

A new foreign exchange Forex robot:

Pip Android is the “most intelligent Forex system” that promises remarkable accuracy and profitability. Most importantly, it will show live trading results to back up its accuracy, once it goes live.

Pip Android’s main features:

Provides live results updated every 10 minutes.
Trades in different market conditions (ranging, sideway, choppy, and trending markets).
Has a profit and drawdown protection system…

Be sure to check it out.