Archive for January, 2010

January 30th, 2010

FRWC’s Royal Trader

No Comments, Forex, by Escon deOjo.

I have just heard about a new system:

FRWC Royal Trader consists of top 5-7 foreign exchange bots from the Forex Robot World Cup that is about to end. Not only do these bots are the top performers, they run with a constantly updated live statements available for everyone to see for almost 2 months. In addition, it is sponsored by FXCM and Boston Technologies.

FRWC’s Royal Trader will consist of the top 5-7 winning Expert Advisors from the competition according to the final performance results of the live trading phase. You will get lifetime access to a members area which will include contact information for email, ticket-based and telephone support, a knowledge base, frequent live webinars, special guest interviews, an EA Lab and more.

It will also include a special brokerage bonus sponsored by FXCM, as well as installation assistance and support via phone, email, live webinars, videos and/or PDFs…

Can’t hurt checking out. It seems interesting.

January 22nd, 2010

Pip Android

No Comments, Forex, by Escon deOjo.

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.
Works with any broker…

You don’t see such systems every day.

January 19th, 2010

Forex Powerband Dominator

No Comments, Forex, by Escon deOjo.

Forex Powerband Dominator is a manual Forex trading system that works on any time frame with any currency pair, and is good for scalping as well as long term trading.

The system is sold in a package of:

A comprehensive trading manual that teaches you everything about the Forex Powerband Dominator system.
Video modules that cover: platforming and charting, how to plot “fixed” and “dynamic” support and resistance areas, how to use price action and candle formations to give you a real edge in the markets, entry techniques, the best use of time frames, position management, and more.
The demonstration of the system on live trades.
The Cheat Sheets with the step-by-step entry rules.

The Forex Powerband Dominator website doesn’t provide live trading statements, which would help us to make a better evaluation of the system before buying it, but it shows us two trades on the video…

You should at least take a look, I think.

January 10th, 2010

USDBOT

No Comments, Forex, by Escon deOjo.

I’ve just received a notice about a new program:

USDBOT is a 2 in 1 EA for two currency pairs – EUR/USD and USD/JPY. The system is built around a strategy of a group of veteran currency trading traders, which has taken them years to perfect. The program was built using the adaptive neural network technology which takes into account common trading strategies in addition to its own. Thus the program is able to adapt to different market conditions or trends.

The system is easy to install, it’s beginner friendly and most important of all, it comes with a live support chat for its users…

I don’t see things like this every day.

January 1st, 2010

Forex Mercenary

No Comments, Forex, by Escon deOjo.

Forex Mercenary is a stand-alone foreign exchange signals software developed with its own AI and based on statistical models for each currency pair. The stand alone software doesn’t need any extra platform (such as Meta Trader) and it generates signals for short-term positions. As such it should generate several signals a day.

While there aren’t many numbers for me to crunch on (at least yet), I do have one statement that shows a 96.62% winning rate. It also shows an average profit trade of $50, and an average loss of $50 as well. I don’t have the exact information about the stop loss and take profit of Forex Mercenary but these two numbers give a good hint of a risk/award ratio of 1…

I am not telling to buy it, but itis interesting enough to take a look.