About Forex Killer

By Steve Comet

An intriguing name in a perceived complicated industry; this would be an initial reaction to some as they view the foreign exchange market as the arena of institutional companies and banks. Over the years, as more and more individuals have shown interest in going to the market for trading on their own, automated forex systems have become increasingly popular as well. And among them is the Forex Killer System.

These forex expert advisors, given a shorter term of EA, are developed by individuals who have gained reputation in the business of trading anf in turn, allows the users of the software to be guided in the market and make money of their own. Of course, who doesn't want money? So much so that the advise would come from successful individuals themselves? One of those who claim that they know the foreign currency trading business is the German analyst behind the Forex Killer System, Andreas Kerchberger. In terms of credibility, Kerchberger has a strong solid one, having worked many years in the renowned Deutsch Bank.

Putting the language barrier aside, the Forex Killer Software has been attested by a lot of individuals who have sought its help. It is user friendly as the software does most of the trading part. The crucial role depends on the user, however. For the mathematical algorithms and computations to work (which let us not bother to decipher), the individual should key in the concise information about the currencies you want in your parameters. Once the details are in, the computation kicks in and show you a good chance of earning money from the trade. What makes this a good trade tool is the ability to analyze the market itself, so even amateur traders would have the resources to maximize profit.

As every minute counts and there is no telling when the market is on a swing or not, the software itself does the vigilance for you since you could not possible keep your eyes glued to the numbers all the time. The Forex Killer Software comes with instructional videos, has a lifetime of free updates so that every new detail can be incorporated with the system, and it makes use of the current trading platforms equipped with a high level of security among other features.

As a trader, however, you must remember that if all forex automated signal software in the market are perfect, then everybody would have been rich. Sure enough, the experts behind the system are proven by time and experiences in the nuances and success of the foreign exchange market, something that most of use may not be able to achieve in a short time, it is still a system. Along with using the tool should be a knowledge that not all decisions would be made by the system. Strategy should be developed once the analysis from the software is released. Employ your own style in trading and exercise money management. Using the Forex Killer Software is a ticket to more profit only if you use it wisely.

Steve Comet, a pseudonym, is a group of experienced forex traders. Our team has reviewed all the different forex autotraders that exist, and found out the ones with make money. Check out our forex autotrader reviews

Trading Forex - Pound Troubles

By Mike Kulej

It has been only couple of months when financial press was lamenting the fate of US dollar. All time or multi year low against many currencies, credit crisis, housing market in shambles, nightmarish deficit. Seemed like every news hitting the wire was worse than the one before. Tragic story. And the outlook, well, just as bad.

What a difference two months make. USD has staged impressive rally across the board. Large moves against CHF, AUD, EUR, NZD and GBP seemed to quiet the critics and reverse general sentiment. There hasn't been many bullish news for the dollar, as much as a lot of bearish developments for the other currencies. Falling commodities prices and signs of world wide economic slowdown seemed to take the heat off of the Dollar. The new "whipping boy" of Forex markets is, for the moment, British Pound.

Just how bad have things gotten for the Pound? GBP-USD lost 8.2% percent in August. This is the biggest monthly drop since October 1992, when the fall was just a little worse at 8.6%. And we all know just how memorable that event was. UK left European Exchange Rate Mechanism which resulted in a huge one day Sterling tumble. That is when George Soros "broke" the Bank of England and reportedly made $ 1B in one day, something that is stilled widely discussed in all financial circles.

This time around there has not been any single event, but rather a string of news of economic data getting from bad to worse. Figures reported in August showed house prices fell at their fastest pace since 1991, while retail sales plunged to their lowest level in 25 years. These are pretty bad numbers by anyone's standards and they culminated in news that economic growth ground to a halt in the second quarter.

This raised expectations that the Bank of England would move to cut interest rates during next meeting, further undermining the Pound's appeal to investors. And it looks like investors have been loosing faith in Sterling rapidly. Over last couple of weeks GBP sell off was not confined only to its pair with Dollar, but broadened significantly. Just over last 10 trading days pound fell 1000 pips against JPY, 500 pips against CHF, while CAD gained 600 pips. To top it all off, EUR-GBP is on a brink of all time high.

We don't know what BoE is going to do, but current outlook for the Pound is not very optimistic. That is, at least, general market sentiment as reported by financial media. We all know, however, that market participants, as a group, tend to be collectively wrong when markets are reaching the extent of their moves. Just look two months back and USD.

Current Sterling situation isn't exactly like that. We are not at multi year price extreme, but rather an intermediate move bottom, as measured on weekly charts. Let's take a closer look at GBP-USD and use it as a proxy for all Pound pairs. After an initial sell off from 2.1100 to 1.9400, there was a period of consolidation. It was followed by this latest leg down, which reached 1.8200. This is probably the extreme of this move.

Chances are price will consolidate in this area, contained within roughly 1.8500-1.8000 range. This should take few weeks. After that, breakout above/below this range will likely indicate direction of next price move. Analysts are predicting continuation of the move down, to about 1.7200, but given their recent track record, appreciation to 1.9200 is more likely.

No matter what happens, Pound is currently at very important juncture. Even if you missed most recent moves, just get ready and be patient. Next few weeks will probably provide very good trading opportunity, with a move large enough, that, if caught, can easily make trader's year.

Mike P. Kulej is a Chief Forex Strategist for Spectrum Forex LLC. He specializes in mechanical trading systems as explained on http://www.spectrumforex.com. Spectrum Forex LLC offers numerous services to individual traders. He also publishes trading blog http://www.fxmadness.com. With questions and comments e-mail him at kulej@spectrumforex.com.

The Real Importance of Forex in Today's World

By Lance Giroux

The Foreign Exchange Market, commonly now known as the Forex is meant for trading between the different currencies of the world. Whenever a holder of one currency wants to exchange it for another he sells the former and buys the latter. The reason for such an exchange may be the need for buying the commodities and services of the country of the second currency. But another major reason is making a profit. People with such motives buy a currency when its market rate is low and sell it when the value of the same goes up. Currency trading is done between governments, central banks, big banks speculators and multinational corporations. As such no trade between nations can take place without a foreign exchange market.

The total volume of trade is very large. Compared to that, the volume handled by a trader or a group of traders is very small. A group of institutions or even a government cannot influence the movements in the market. So, the market value of any currency represents the true strength or weakness of the economic condition of its country. Hence the foreign exchange market is truly a fair and neat place of competition. True, some governments or their central banks intervene to stabilize their own currency. When its value falls the central bank buys its own currency in the foreign exchange market. Other currencies are given in exchange. Thus an artificial demand is created. Then the value goes up. Likewise, when the value goes up above the desired level more currency of that country is pumped into the market. The latter is easy to do but the former method requires large foreign currency reserve in their possession. Thus it is almost impossible to artificially inflate the value of any currency.

The trading between banks plays a major part in the total turnover in the foreign exchange market. They buy on behalf of their customers as well as for their own reserves for future trading. Foreign exchange brokers could influence the volume of trade until a few years ago. They used to cater to the needs of banks too. But now the availability of very efficient electronic systems has excluded the services of brokers. Such systems provide quick and more efficient service.

The Forex makes the international trade possible. In the absence of a foreign exchange market, as there is no common currency for them, the sellers and buyers of goods and services cannot evaluate what they get or give. The seller will be paid in the currency of the buyer. With that money the seller has to buy goods from the former buyer's country. Only when he brings back to his country and sells such commodities he will come to know what he got for his exports. Through the foreign exchange market the seller will know exactly what he will get in his country's currency for the goods he exports. Likewise, the buyer will know what it will cost in his currency for the same goods.

Was this useful or what?! Really, Forex, is one of the best ways to create a solid income. If you want to learn more about Forex and some great tools to automate the process, feel free to visit us at: ForexSystemReport. I'm Lance Giroux. Forex system Report ™ Senior Advisor.

Forex Trading - Among the Best Jobs

By Lance Giroux

Forex trading is all about exchange of international currencies. One currency is sold to purchase another. The trader benefits when he chooses to exchange at the right time where the exchange rate is favorable to him. Success depends on his ability to forecast the trend of the market.

One may think how this can be one among the best jobs in the modern world especially because the fluctuation in exchange rates is very minimal. But when it comes to large volume, even a change of one-tenth of a cent can make huge difference.

To consider a career as one of the best, there should be several advantages related to it and not just money. Forex trading is not rocket science. Even those without a specialist background can excel in this career. The learning curve is not steep, though some of the basic qualities are essential while trading in the Forex market.

Forex trading is synonymous with minting money. However, there are certain prerequisites to be met for anyone who wishes to mint money out of Forex trading. The primary ones include a thorough knowledge about the market trend, basics of trading, ability to take risks, and a reasonable financial background. Now don't get afraid and don't back out. One reason that makes it one of the best jobs in today's world is that all help for meeting these prerequisites are available at your fingertips. Lot of online resources on how to set basics right, how to avoid traps and pitfalls, etc.

Another reason why it is one among the best is the scope of frequent fluctuation of currencies. If the fluctuation is in your favor, you can make huge profits. The sky is the limit when it comes to money making through Forex trading. One just cannot predict how much money he is going to make. Also it offers the maximum liquidity. The investor can access his account anytime of the day. Liquidity is perhaps the most important thing in today's world. This is because things happen quickly and liquidity can mean win or lose of a business opportunity.

Perhaps the best thing is that even with a small investment, you can make big money. The investment can be as humble as $50,000. And rich people certainly do not have an upper hand because it is just not the investment that determines success. So, every body has a fair chance.

No doubt, some of the best careers that we see today have an online connection. They can be done from the comfort of your home. Forex trading also does not differ on this. It is a 100% online career. You can choose your timings. No deadlines. No firing from your superiors. You are your own boss. The whole procedure of trading online is simple. Open an account with any authorized provider by filling an application form and sending it to the concerned person. They will take care of the rest. You only need to be ready with your investment.

Thus Forex trading proves to be one of the best careers you can choose. Bank on this career to increase your bank balance!

Was this useful or what?! Really, Forex, is one of the best ways to create a solid income. If you want to learn more about Forex and some great tools to automate the process, feel free to visit us at: ForexSystemReport. I'm Lance Giroux. Forex system Report ™ Senior Advisor.

Forex - Some Pros and Cons As a Way to Create Wealth

By Keith Roberts

Forex, as a way to create wealth is my least favorite method of all. Having said that, I shall try and do my best to give the method an unbiased appraisal.

The reasons Forex is not popular, with me, are largely built out of my own insecurities, as a wealth creation method builder. Do not take that as a slant on forex at all. But I will begin this paper with what sets my alarm bells ringing first off.

The fact that there is no one body, or organization, responsible for clearing all forex trades, trading practices, trading houses or otherwise scares me a little, no, actually a lot. This aspect alone, for me, lends ultra high risk to Forex as an investment. Essentially it means that if you go down the proverbial gurgle, for whatever reason, there is no come back. No one can be held accountable by a governing body because there isn't one. Not globally, not inter state nor inter country.

The very nature of Forex, being an over the counter transaction as it were, (I simply walk into a bank and buy or sell) this means also that the exchange rate, whatever it may be at one shop (read Bank) may be different from another shop (read Bank). In practice this means that the prices are very close together, but remember that successful forex profitization ( new word) is about trading in VOLUME. 0.1 of a cent fluctuation may not sound like much but attach that to $100,000 and you soon start to realize (or lose) a hundred dollars.

So the importance of price DOES matter, and rather considerably. The fact that one bank (read money shop) can charge more (or less) than its nearest competitor does not instill confidence in me as an investor. On the brighter side of things Forex does have its advantages. It is ultimately the fastest moving liquid investment in the world. You can realize a return in the amount of time it takes you to execute a sell order. There is no waiting., there is no fuss.

These days it is all done at the click of a mouse (usually about 4 clicks). Having said that, though, this is exactly what makes Forex so volatile. The speed with which the market trades is breathtaking. Whole fortunes can, and often are, made (and lost) in a matter of moments.

Another good thing about Forex, although one you must condition to, is the fact that there is no trading on weekends. This means that, Monday to Friday (U.K time) the world of the money brokers spins around and around. As soon as the markets close, just like the stock markets, that is it. Nothing more happens until a full 64 hours passes. As soon as trading begins there is a huge flurry of activity for half a day, taking into account all the national and international events, and then things settle down for another 4 and a half days.

Another thing I like about Forex is the fact that there is very little, or no, actual insider trading knowledge. There can't be, due to the market conditions and the lack of a singular organizing body. Forex, in this respect, represents a truly global secret profit and loss equation which no one person can ever control, fathom or exploit. This, I find, unique to forex like no other market.

You cannot say the same about stocks, property deals, any type of business venture or anything else. If you look hard enough, for long enough, you can always find something useful about what is going to happen next in every market, except forex.

So there you have just a few of my thoughts on the forex market. For me, I like things that always pan out so forex trading just isn't my cup of tea. I am far better to find a free business system I can implement for very little, which has the prospect of huge returns, and is easy.

Do you want to learn more about how to succeed in becoming wealthy and easy ways to make money? To download your free copy of my latest eBook, click here - Wealth Creation. Keith Roberts has been working in the field of wealth creation for nearly ten years and has written a number of books on the different ways of doing so.

What the Forex Autopilot System is All About

By Jon Ferraro

Unless you are a completely new to both the internet world and/or forex trading, you've probably heard of the forex autopilot system. For those few, the system is a forex EA or expert advisor. This basically means that it trades for you. The developer created a system based on price action variables and formatted the parameters so that it can be traded automatically without any kind of human intervention.

If you go to the website of the Forex Autopilot system, you'll see kind of a cheesy sales page. and a trading history of the system. The questions always arises from people that have visited the website, wondering if this is legitimate. Well, I have done research on the system and I haven't come across anybody who has made those kind of pips on a monthly basis, BUT that doesn't mean the system doesn't work.

As a matter of fact, in my research, I have heard nothing but positive reviews about the Forex Autopilot System. In the day and age of so many junky forex systems being sold to unsuspecting buyers, it was really nice to hear people making consistent pips.

Most people have reported that every month, they are netting positive pips. Most importantly, in the long run, the system seems like it can make it. With so many people having their trading accounts crash and burn within a week, it's quite an accomplishment what the forex autopilot system has done: A system that may not be spectacular, but can generate solid long term growth.

Check out LearnForexDirectory.com to see my full Forex Autopilot review.

Forex Autopilot Reviews - What You Need to Know Before Buying the System

By Jon Ferraro

If you want to know more about the Forex Autopilot System, that's so popular right now, its only natural to search for some forex autopilot reviews. After all, it's only natural to want to know how well something works, before dropping some of your hard earned money on it. So here is my review of the forex autopilot system:

The bad news is that this is not the holy grail of trading. If you are expecting that, go look some place else, because you will not be satisfied. It will not make you 1000s of pips every single day. Not every single trade is a winner. But, the good news is that there is no holy grail, so you can stop searching for it. I bet I just saved you a lot of sleep.

I'll be honest. When you look at the sales page on forex autopilot, it's hard not to instantly think "holy grail". But that is why it's a sales page after all. They want to sell you the system, obviously. BUT if you can look past that, the EA does have a lot of good things going for it, that most other EAs on the market don't.

The most obvious one is the consistency. If you have been around EAs for any period of time, you already know that anybody can make an EA that will make some pips within a week. The real test begins after a month has passed, then 6 months later how is the EA holding up? When it comes to most EAs, they usually tank after that first month. The great thing about the forex autopilot system is the long term growth it has. Many people have reported that they have been using the EA for well over a year and every month, the EA generates consistent pips.

To see my complete review of the forex autopilot system, make sure to go to LearnForexDirectory.com.