Tag Archive for 'forex'

DreamSphere Live Trading Room Review

Published on January 9, 2012 in Uncategorized. 0 Comments Tags: , , , , .

I had a chance to try out Dreamsphere Live Trading Room and I discovered that I was able to learn so much from the professional traders in the room even in my first month.

I am no new trader and have been already been making money for almost 24 months from forex trading.  I had been using a lot of the new forex trading systems in the market.  Many were useless but a few made me consistent profit.  Still, the Dreamsphere living trading room was like a gift as I had been complaining that I had not lernt much in my 2 years of trading and all I did was to let my bots trade for me. I had not actually learnt much of how to be my own trader.

Dreamsphere is basically a forex platform which was created by a group of specialist forex traders with the main objective of supporting other forex traders to earn good money consistently without resorting to different forex systems.

That is why I think the Dreamsphere Live Trading Room account is excellent for someone who has traded with forex bots and would like to learn to be a master of the trade themselves.  Of course, if you are new or have not traded before, it will serve you well too.

Here you will receive the professional forex trader’s recommendations every single day together with explanations of why each action was taken. It’s a learn while you earn kind of thing. Robots were just generating income and they don’t give you a better understanding.

It’s been incredible in being able to assist investors accomplish 76% winning trades every week. By way of their effort to assist investors learn a good money and risk management system, they can help you to boost your profits and at the same time give you protection for your capital.

So, with this excellent platform, you can become independent of any forex trading system. The community of traders behind Dreamsphere have spent significant effort and time into research to created this platform. This live trading room is genuinely the best platform for anyone looking to get better at forex trading on their own and to make consistent profit.

As I found after I began investing, the forex market can be crazy and erratic at times. This is why most automated system are unable to respond to these sudden changes and many automated forex systems cannot be used over very long stretches of time. Here, an experienced trader would be in a stronger position to respond to these changes.

There are plenty of helpful professional traders in the trading room, to help you. You’re allowed to watch these experts trade and listen to their answers of why they are doing each and every particular trade. You will get to learn and earn while doing so.   It’s really a good method to learn to master  forex trading.

With Dreamsphere, it makes it feel like you are having professional traders alongside together with you in the same trading room. This kind of forex mentoring is priceless. Trading from home can make you feel lonely but here you are in a live trading room.

Dreamsphere has high potential for profits and it has taken 8 years for its development. You can see on their site, the mt4 statements of one user who made $25,300 from using Dreamshpere platform in just 8 days.

The Dreamsphere strategy is structured on price action reading.  Its buying and selling elements include Fibonacci retracement & extensions, support & resistance, trendlines, counter trend lines, decisive prices, candle patterns & price patterns, etc

Live trades are executed inside their live trading room making use of dreamsphere price action profit method. You could listen to their information with regards to why each action is considered and you can ask questions. It is open on all days and trades on something like 24 currency pairs. You will have all your favorites here.

DreamSphere Live Trading Room is a good membership to have if you are a trader who desires to learn and make money at the same time.

My Million Dollar Pips Review

Published on July 25, 2011 in Uncategorized. 2 Comments Tags: , , , .

Million Dollar Pips – A brand-new forex software that I have tried. I assumed it was just simply one of the numerous bots that have been launched but I was told by a forex trader friend that it is one bot really worth trying. So I was curious enough to try it out and so far I am quite impressed.

$250 to $1,295,161.50 in 1 year Never Risking More Than 2.5% Of Account Equity

The Million Dollar Pips is created to be a super scalper that has built in a good risk management system.  The originator, William Morrison seems very professional and the support is good. Basically, the Million Dollar Pips is an automated Forex trading robot that utilizes a safe and unique scalping strategy. Million Dollar Pips is created to have effective money management and does not use any martingale strategies. It is also NFA compliant.

I used to be skeptical on forex automation. But automation is practical as it saves time and forex trading does get affected by human emotions. All traders get affected by emotions, even the most seasoned ones. With bots like Million Dollar Pips you needn’t go through all the emotional stress.

There was a great deal of media hype in the launch of Million Dollar Pips. “You see how a shockingly accurate Forex robot skyrocketed someone’s earnings to over 2 million while he did nothing…… And if you ever had put $250 into an account 1 year ago using the Million Dollar Pips , then you might have a $1,295,161.50 after you check your account now.”…..

I normally don’t like such products as I get suspicious and put off. But, well, what counts is the substance so I wasn’t going to be put off by this. I tried talking to the people behind the Million Dollar Pips bot and I changed my mind about the bot after that. They made a good impression on me. I understood more about this bot and felt it was a great strategy that they were building on. There is another thing that I like about million dollar pips. They are using myfxbook to prove some of their results and this is a very reliable statistics provider. So at least we know statistics are real.

As for my experience since, I test the Million Dollar Pips system out, it has been impressive. I have been able to get wins of 65 to 75%. It aims to get just a small amount of pips. Usually it scores an average 2.5 pips per win and loss is about 3 pips.

For this million dollar pips system, it is most important to get the right broker. It can make a big difference. With this being a super scalper with high frequency of trades, it is prudent to find a broker with a good spread. You could even try one with a rebate. As for the currency pairs, I am quite satisfied with the eur/usd, gbp/usd, and the usd/jpy pairs that I tried.

I’ll certainly be employing the million dollar pips bot in my future trading. After 2 months, I am impressed. It is just that you have to find a low spread broker. The support is real quick, setup is easy. Once you get instant access to Million Dollar Pips, you can install and configure the software using the easy step by step guidelines. You can restrict the lowest and highest volume for trading and even put in place your own personal risk level. Further more, you could arrange its trading level as well.

My Million Dollar Pips Review

Is Forex Hercules A Scam?

Published on June 25, 2011 in Uncategorized. 0 Comments Tags: , , .

Heard of Forex Hercules that claims to be able to go from Zero to 5-Figures a month within weeks? Everything tells me it’s a scam. Too good to be true.

But I have tested it out for a month and I’m really glad I didn’t just write it off. Maybe I didn’t make the 5 figures but I’m quite pleased with my own results. Of course everyone wants to catapult your profits to the level that they have been dreaming of. But in reality, we should accept that forex is not a magic lamp but a business. And the moment we do that, we are likely to succeed.

The developers of Forex Hercules have developed a highly profitable trading system that in a sense can make money literally by you doing nothing more then finding your broker and funding an account. Sounds scammy but it’s not.

With Forex Hercules you save time. You don’t have to spend time to study to perfect your strategy. You don’t have to lose sleep just trying to analyze the charts. It is like you just sleep and the work will be done for you. You only need to wait for the money.

In my opinion, Forex Hercules has world class support. Whatever questions you have, they are there to answer. This is very important as many other forex software don’t have this.

Perhaps it is too early to say if the program will continue to generate profit just like in the past and for me, in the past month but I think it’s a very solid system that you can use with no recurring monthly fee. That is one plus point.

Why Automated Forex Trading Is The Way To Go If you Want To reap The Big Money

Published on June 21, 2011 in Uncategorized. 1 Comment Tags: , , , .

From the time when automatic forex trading systems had been introduced, a lot has changed with more sophisticated bot introduced every other day and in addition, making forex a lot more accessible to ordinary individuals. Forex software had now experienced a new importance.

It is now not something that you can ignore. I did that for a number of years as I refused to accept that automated forex trading software can work. But now, I will have to consider the use of an automated forex trading software as the fundamental fact is that they have become reliable software that can provide traders with the essential tools to monitor the foreign exchange market.  There are many companies, like FXCM, that provide high quality software for all of those looking to enter into the online forex trading world.

Since automated forex trading systems are a lot more efficient than manual trading, your automated system will have the potential to produce a lot more profit taking every opportunity of dip and upward push in the forex market. However, as there are such a large number of these automated forex trading systems, also called the Forex market trading robots, out there, it can be very difficult for those starting out in the market to choose a system that they can start with.

Until even the most productive automated forex trading system reaches the level at which it can identify global influences, human involvement is always going to be essential. If you are using an automated forex system, then before making it run and trade for you, to begin with locate the point when the currency moves above the 12-period SMA.

When you have locate the point, then you can turn on your automated forex system to produce trades for you. With an automated software, you are offered the essential tools like market watch systems in addition to indicators which tell you the most productive and effective times either to buy for or sell a particular foreign currency This way, you’ll be assure of profits and decrease the risk of losses.

As we know, there are lots of factors which have an effect on the fluctuation of foreign currency, and consequently, the market changes very often. As a trader, you need to be able to closely monitor the market to be able to gain in terms of profits from purchasing and selling currencies.

What used to be once the sole domain of banks and other large investors, forex is now luring little and mid level investors. Trillions of cash are traded here on a daily basis, making it the largest and most active financial market of the arena. If you wish to have to trade a currency of one country in relation to another, then this is just the marketplace where the whole thing takes place.

Overall, I believe automated forex trading in the form of forex robots is no more risky than human trading. Our confidence in such systems and technology is high enough for many traders to be willing to let a robot to trade for them.

It is never easy for a beginner to select which automated forex trading system to use. Below you will find a couple of straightforward “quick start” suggestions for beginners.

Omni Forex Signals - provider of forex signals that has made money for me.

Forex Growth Bot - a rather low risk trading bot that I highly recommend.

Forex Hercules - harness the experience of other experienced traders to profit yourself.