The Story Of The FRWC

A Close, Uncensored Look At The Top-Performing Robots Of The Competition…
The Final Live Results… Trade-By-Trade… A 100% Transparent Look At What The “Best Of The Best” Means!
Why 329 Robot Developers Submitted Their EAs And ONLY 24 Qualified For The Live Trading Phase
Undisputed Transparency In EVERY Step Of The Competition (A True “First” In The Industry)
The Most Important Interview In FX History
For The First Time You Will Hear The Story Behind Scalping Strategies When It Comes To FX Brokers
Do You Know What A “No-Dealing Desk” Broker Is? If You Don’t Then It’s Probably Costing You Money!
Over 150,000 Accounts Trade With FXCM… Hear The Story Of What’s Going On. This May Truly Fascinate You
The Startling Untold Truth About Demo Trading And Demo Accounts. We Have All Wondered What The Difference Is… Now Learn The Truth
FRWC 40 Page Insider Report… The Brutal Truth Exposed
Most EAs on the market today just don’t work. There are very good reasons for it and they’ve been hidden from you for far too long. Read the report to find out.
3 things you absolutely MUST do as soon as you buy an EA or you might as well throw your money out of the window.
The shocking TRUTH is that most EA vendors probably know absolutely nothing about trading… get the story behind this one!

A Natural Competition… A Fierce Battle…
…Some Of The Best Forex Robots In The World. Period 

“In Every Important Competition There Is A Winner…
And Everyone Is Willing To Pay A Lot Of Money To Have The System/Knowledge That The Winner Used To Win…
And, For The First Time Ever In The Automated Forex Niche, This Will Be A Reality For Many”

A new concept, a new idea, a new frontier… but, most of all, innovation. That is how we think about the Forex Robot World Cup’s “FRWC’s Royal Trader™”, and that is how we KNOW the market will accept it.

The FRWC creators, have participated in the Forex trading niche as traders, system developers AND marketers for over 6 years. We have seen, done and tested everything, and our close partners know one thing about us: we ALWAYS lead the industry when it comes to innovation and affiliate profitability.

There is one underlying element that you can attribute to great success for a product launch, especially in the Forex niche… and that is, INNOVATION.

Freshness, creativity, uniqueness, an “out-of-the-box” concept… that is what innovation is all about, THAT is what sells and converts…

…that is what The Forex Robot World Cup™ and our product are all about.

The End Result Of A Tough And Transparent Competition.

A good product can be spotted from miles away and does not need any B.S. marketing tactics in order to sell VERY well… and this is the type of product you will love, starting with its core essence and ending with quality and value regarding product features. You definately will want to investigate the The Top 5-7 Wining Robots Of The Competition

“The Forex World Cup”

 

 

 

 

While equity markets remain moribund the currency markets have been the place to trade. The Euro has even hit a new 10 month low versus the Dollar.

Looking elsewhere, the Pound and the Yen are in a similar retreat against the resurgence of the US currency.

Overall poor Eurozone news is not helping. This is quite separate from the Greece, Portugal et al problems. Germany has apparently slipped back into zero growth, or possibly even negative. Such news must be worrying for the various central bankers across the EU and UK economic sphere.

The pot for state sponsored economic support seems almost empty and any growth from the private sector will be severely squeezed by the ever increasing tax burden.

But ignoring the bankers, what could you do if you want to trade the Forex markets?    

If I want to trade the Euro/Dollar, or even the Dollar/Peso market, then spread betting solves a lot of problems when it comes to tax, simplicity, speed and range of options.

Spread Betting is Tax Free. There is no capital gains tax, stamp duty, income tax. Any profits from spread betting are tax free*.

Spread betting offers a wide range of international markets so that investors are not just limited to traditional stocks and shares. You can trade the foreign exchange pairs but you can also speculate on stock market index values, commodity prices and interest rates.

Importantly for markets like Euro/Dollar and Pound/Dollar and even markets like Oil or Gold, spread betting lets you trade in either direction.

If you think that the Pound/Dollar FX pair will go down you can speculate on it to go down. If you think that the Pound/Dollar FX pair will go up, you can spread bet on it to go up.

If you speculate on stocks and shares in the traditional manner then you generally incur commission charges and/or broker’s fees. With spread trading there are no such fees.

From an investment strategy perspective, the fact that some markets can be traded 24 hours a day sets spread betting apart from more established stocks and shares trading. The futures floors and stock exchanges might be closed but you can still spread bet on a variety of key markets.

Companies like InterTrader and Financial Spreads let you trade over 20 key FX markets throughout the night.

So whilst there are many positives, you must also understand the potential disadvantages.

With spread bets you can lose more than you initially invested. Please ensure that spread betting matches your investment requirements. Spread betting carries a high level of risk. Familiarise yourself with the risks. Seek independent advice where necessary.

* According to UK tax law. If you pay tax in a jurisdiction other than the UK then this may be different.

This Video is a Must See! No Opt In Required.

==> Triple Threat FX Video

Sometimes the Truth Hurts, but you know you need to hear it.

Inside is nothing but the raw truth when it comes to your trading. Todd sat down over the weekend and recorded a new video that Debunks the Five Biggest Trading Myths.

It even gives you a behind the scenes look into how the famous “Head Turtle Trader” turned $400 into $200 million, and then taught 13 others to do exactly the same.

TAKE THESE LESSONS! They’re Free, Apply them to your Trading TODAY!

Todd is holding a special webinar on Thursday Night and the link is right under the video. But just in case, you can register here as well.

==> Triple Threat FX Video

This webinar will max out so be sure to register early to secure your seat.

The vast majority of traders are operating under widely-held misconceptions that unknowingly derail their best trading efforts.

Yes…This even applies to folks who’ve been trading for years.

Trading Veteran Todd Brown sheds some much needed light on this vital topic.

To help shed some light on this vital topic, we’ve enlisted the aid of Todd Brown, 14 year veteran trader, coach and systems developer.

The Real Deal

Todd has coached thousands of clients in over 20 countries and is shattering common misconceptions that separate long-term, successful traders from those that continue to struggle despite all efforts to the contrary.

For a limited time he’s releasing to you a fresh look at the crucial role your psychology plays in successful, long-term trading with a 6 video training series.

The Tony Robbins of Trading?

Todd is uniquely qualified to address the role of the mind and emotions based on his years of training and working directly with the legendary life and business coach Tony Robbins.

Hello esteemed readers! I do hope you learnt something worth the while in the inaugural feature of this column.
Today, we are continuing our introduction as we try to fortify our foundation in forex trading.
We will start by doing all we can to internalize the various clichés and mantra that even dummies can use in order to profitably trade forex.
1. The trend is your friend, so follow the trend.
This cliché hold true most of the times, the exception being when there are fundamental intervention(what traders usually call fundamental analysis).The events that have fundamental import on the market, such that technical analysis becomes of secondary importance include Interest Rate, Retail Sales, PMI,CPI etc. In the absence of these fundamental interventions, you are supposed to “look for opportunities to buy in an uptrend market and look for opportunities to sell in a downtrend market”.
You draw a trendline along the lower borders of the candlesticks and/or shadows of the candlesticks in the gradient.

However, you are supposed to stand in the sidelines when a market is either overbought or oversold; the reason being that the market is likely to undergo a correction at that point in time, so if you enter the market then your trade is likely going to get stranded or become what advanced traders call an abandoned baby in the sense that you will be doing a buy when the buyers are leaving the market or doing a sell when the big dogs are exiting their shorts (sell order).

The figure below shows a 15 mins chart of USD/CHF showing an uptrend line and areas in which the market is overbought and oversold. The first line which terminates at 1.0550 is the initial trend line; however there was a major correction back to 1.0490 and the formation of 2 hammers forms the support area for the more recent trend whose trend line terminates at 1.0530,which aligns with the lowest histogram in the MACD around that area and reading almost oversold in the RSI which forms a good set up to buy(which technically speaking means to go long).The general rule is to buy in an uptrend at those points where the candlesticks strikes the trend line, the proviso being that you must ensure that the market is not overbought.

The figure below shows the 15mins chart of EUR/USD in downtrend.
You will notice that the market rallied in the London open for a while until it met strong supply in the 1.5550-1.5560 price range(the top of my trend line), forming a Spinning Top and then the market turned South! Did you also noticed that the price at the point of the spinning top(where my trend line started) kissed the overbought line on the RSI?

The general rule is to sell the pair at all areas of resistance where the trend line touches the price action (candlesticks or their shadows/thread).

2. Sit on your hand until you see what to do.
Failure to adhere to this has led a lot of traders to enter the market based on emotionalism rather than acting on a good trade set up confirmation based on candlesticks and indicators. Your hands need to be restrained when a market entry set up has not been triggered.

3. The herd mentality rules the market; don’t follow the herd.
The majority of forex traders, like traders in other financial markets follow the herd mentality; they do what others are doing and this is the main reason why most traders are not trading profitably…..the herd is wrong most of the time in taking trading position. The minority of advanced good traders sees beneath the “noise” of the market and takes a trading position, waiting for the set up to trigger.

4. Conquer your greed and live above fear.
Fear and greed are twin evil that pervades the financial market.

A naïve trader sees his trade set up triggers and he is afraid to enter the market, unsure if the trade will be profitable. Another trader takes a trading position and is bent on making all the profits in a day and so the end result is that even the little profit he made initially will evaporate and he ends up losing the trade.

For you to do well, you must live above fear and conquer your greed.

See you next time!

If you want to have the full article, complete with the charts, send a mail to ephrathahwnltd@yahoo.com, visit www.ephrathahwealth.com and follow me at www.twitter.com/ephrathah

In a market as volatile and broad as the forex market, the importance of minute changes in the values of various products simply can’t be underestimated. Time is of the essence in forex trading. For experienced traders, a minute is equal to an hour or longer. The changes that occur over that single minute can create substantial changes in any trader’s account. Because of this, keeping a close eye on pips in the trading of forex (fx) currency is vital.

What is a pip, exactly? Pip stands for price interest point in day trading currencies, and it represents a tiny fluctuation in the currency’s price. It is similar to the concept of ticks for stock trading. Some traders place more or less emphasis on this term; their importance basically depends on the amount and size of the contract where units of hundred thousands are being traded. So, the more currency and money is involved, the more important this term becomes.

Determining the value of a pip is fairly simply. For example, if the Euro/USD ratio is 1.2125 and you have a lot size of 100,000 euros, the worth of that lot would be $121250 USD. A fluctuation of just.0001 (doesn’t seem like much, eh?) will be worth $10 USD. So the very second the value of the Euro/USD changes by one price interest point, $10 USD can be made or lost.

Professional traders must realize that the spread of pips in forex trading currency is very important. A low spread of say, 2 pips on the Euro/USD, can greatly increase chances of success and profit with that particular currency trade. Inter-bank activities should be done efficiently and in real time because excange rates are constantly fluctuating. In order to ensure that the minimum amount of human error is involved, software for forex trading is highly recommended to anyone who is serious about forex trading.

Managing Risk in Forex Trading

Forex trading is often regarded as risky. Is this perception true or false? How does this affect our decision to trade currencies? What can we do to reduce our risk and avoid one of the majority of traders who lose money from trading.

Before we make a decision on how risky forex trading is, let’s define what risk means. Risk is simply the variability of investment returns. If you graph the value of an investment portfolio over time, a low risk investment such government bond should have a smooth curve, while a riskier investment would have a more jagged curve.

The fact is that most beginning forex traders lose money. Is this a characteristic of the currency markets, or is it to do with the traders themselves?

To answer this question, we need to understand what factors contribute to risk. To an extent, risk depends on the market. If the market rapidly moves up and down, then that can contribute to variable returns. In this respect, forex markets are not more volatile than many other investments. Unlike stocks, it is impossible to manipulate currencies. The market risk of forex is comparable to other major markets.

One factor that magnifies risk in forex trading is the level of gearing, or leverage used. Typically professional traders use up to ten times gearing. That means for each dollar of their own money, they control a position of ten dollars. Many small traders using gearing of up to two hundred times, and this can rapidly magnify both gains and losses. It is best to have enough capital to be able to trade without using excessive gearing to avoid massive exposure to market risk.

One other risk is that of liquidity. This is the ability to get in or out of the market at a fair price. Recall the recent losses suffered by hedge funds trading mortgage securities – the markets suddenly became illiquid, and they could not sell their positions at a reasonable price. In contrast, the forex markets turn over more than $1 trillion per day and are the most liquid markets available. This is not to say that there are not sudden movements from time to time, but traders can always get into or out of the market. Forex liquidity risk is low.

However market volatility andliquidity are only part of the risk equation for forex trading. Most risk comes from the individual trader’s approach. These factors are controllable by the individual. This is why some traders consistently win, while others consistently lose. The trader chooses when to participate, the timeframe to trade over, which currency to trade, and how much the market should move before liquidating a position.

It is better for the trader to select their own risk parameters, based on careful testing of a trading system against the market. That way, you can know exactly when to enter or exit the market, how much you want to risk per trade and can select a risk level that you are comfortable with. This gives you a level of transparency that you don’t get when you hand your money over to “an expert” to invest, or buy a “sure fire winning system” advertised on the Internet.

You should test your parameters against the market over a period of time using paper trading before committing real money.

In conclusion, forex trading is not more inherently risky than other forms of investment, but the new trader must understand the impact of leverage, and clearly define entry and exit criteria, how long a position should be open, profit and loss targets (which should reflect the volatility of current market conditions).

For more information and free tutorials on forex trading, visit www.fxtradingguide.com

This just came through from the Next Generation Fx Trading Headquarters. A group of unethical Forex Traders are about to disclose a revolutionary Expert Advisor… Something that was being kept TOP SECRET is now being unveiled to the public!!!

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You want to know about Reservoir Pips in detail?

Reservoir Pips the most powerful Forex Trading systems to hit in many years. Reservoir Pips is tweaked to rake in 100% winning trades. Next Generation Fx Trading team have simply removed the element of risk factor in Forex Trading.

It works on 30 minutes timeframes and trades on EUR/USD currency pair. Reservoir Pips is fully automated. All you need is just a computer with internet connection to get started. In 5 minutes, you can be trading automatically. You neither need to know computer or Forex to get started.

Perhaps the most important piece of currency trading knowledge that you should have is how to put a fx trading plan together.Without one you will struggle big time, I know I have. Without your forex route map you will get completely lost and having one will mean the difference between success and failure.

Remember that the majority of traders beginning out in forex trading lose money, so it is crucial to carry out everything you can to make certain that you are one of the profitable ones. Having a strategy will provide you a good start over most traders who simply start trading with no aim of where they are heading.

Having a potentially profitable plan is important and you can acquire many of them out there. Most traders think that the trading system is the one thing that matters and use up all of their time searching for the flawless system that is guaranteed to make money for anyone. But no such trading system exists. Although there are a bunch of fine systems, no system will be successful without a trading plan that is tailored to the specific trader.

This means that you need to figure out your trading plan for yourself. Do not be alarmed however for the reason that it is quite straightforward. Your plan just needs to include three things:

1. Lot size

This can be measured in the number of positions that you will take on every single trade. It may vary according to the strength of your signals or it can be the same for each trade, but it ought to be clearly set out. Do not vary your lot size according to intuition, and do not vary it according to whether your earlier trade was winning or not.

When you are deciding on your lot size, you must also consider your gearing and what proportion of your total funds will be committed to a trade. This forms part of your RMP (risk management plan)and it is crucial to your forex trading knowledge that it is always to hand.

2. Stop losses

Your strategy ought to include a stop loss, measured in terms of pips. Again you should consider the risks that are being taken as a proportionate amount of your trading funds. In most cases you should target for a risk of around 2% for each trade. However, with selected systems or if you have a very low initial pot, you might want to go higher than that to prevent your stop loss being triggered too often. Just be wary that if you do that, you have a greater danger of going bust.

3. Level of Profit

You ought to also settle on the exit position for a winning trade, i.e. how many pips you are aiming to take. If you do not settle on this you will often be tempted to hold out as long as possible, praying that the trend will keep going your way. Often times you will be caught out by a unexpected reversal and a profitable trade can be turned into a loss. So it is very key to decide ahead of time how much profit you will take.

Once you have your strategy, it is crucial to keep to it consistently. Resist the temptation to start a trade when the signs are not correct, or to follow your gut instinct at all, that’s at least until you have got the experience of many years trading behind you. Also, reduce interruptions whilst you are trading. This will help you to get out of making foolish mistakes and keep you concentrated so that you can make the best of all of the forex trading information that you have acquired.

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Forex Knight Rider…

* Trades On EUR/USD Currency Pair

* Operates Using 15 Minute Timeframes

* Features Ground Breaking FKR ‘Scalping’ Technology

* Works On All Brokers (ECN Compatible)

* 96.67% ratio on automatic winning trades. (DAILY TRADING)

* Build up a $1000 account into $177,833 over 15 months

RESULTS are what is really important to you in FOREX…

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Next Generation FX Trading have studied the Forex market since way back.

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* It can be downloaded and installed in a few minutes – you don’t need to know anything at all about computers – even a child could do it!

* You don’t have to be around at all whilst the software is trading – you simply need to enter the provided default settings and the rest is done for you

Forex Knight Rider seems to have got the lot.

It will immediately begin accumulating consistent profits for you in the Forex market regardless of how much or how little your starting capital.

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Many people are looking at getting into day trading, and start with studying the Stock Market, and the different stock exchanges.  What many don’t realize is that there are different markets and financial instruments that one can profit from.  One market that has recently become available to the public to trade is the Foreign Currency Exchange, the FOREX.  

The foreign exchange market is the largest financial market in the world.  It trades upwards of 2.5 trillion dollars per day, which is approximately 1000 times the volume of the New York Stock Exchange.  Quite easily, the foreign exchange market dwarfs the stock market of any country.  

So, where is the foreign currency market?  Well, unlike the stock exchanges of the world.  The foreign currency market is a virtual market that is connected by the internet, phones, and fax.  

The advantage of having a worldwide currency market is that it is open 24 hours a day, 5 days a week.  Living in the USA, one could trade 24 hours per day Sunday 5pm to Friday 4pm EST.  One can only trade stocks during normal market hours, so for those that have jobs during the day, the FOREX market is much more accessible as trading can be done at night or early in the morning before going to work.

Other benefits of the foreign currency exchange include:

1.    High Leverage: Currency brokers usually give their traders 100:1 leverage, meaning that if there is $1000.00 in ones account, they will let one control $100,000.00, which allows currency traders to reap large gains from relatively small price movements in the market.

2.    High Liquidity: Because the currency market is the largest market in the world with huge daily volumes, one is always able to get in and out of trades as liquidity is never an issue.   

3.    Stops are always honored: Except in extremely volatile markets, which is rare, limits and stops are always honored.  Because of the market’s liquidity and 24 hour continuous trading periods, dangerous trading gaps are eliminated altogether. Orders are executed very quickly, without slippage.  In the stock market, it is much more frequent that stops get skipped over as stock prices plummet, but in the FOREX, one can be much more confident that the stops are honored.

4.    Entry orders are instant: There is no lag time in placing an order.  Orders are processed instantly at the current market price, or the price at which you set the order to enter the market in the future.

5.    No Commissions: There are no commissions in currency trading, the broker just takes a small difference between the bid price and the ask price as its fee for the transaction.

As currency markets are some of the most volatile markets, many fundamental variables such as weather, and war affect the price of the currency, however, since there is no one apparent reason much of the time for price movement, the fundamentals get discounted and one can use an almost purely technical approach to trading.  This is why the FOREX is considered one of the most predictable trending markets that follows technical analysis methods more than any other market.

As one can see, there are many great benefits to using the FOREX as a highly profitable financial instrument.  One can trade from home in their spare time, but first it is important to get a solid education in learning specific FX trading methods.  Before trading in a live account, it is important to first get educated using books, or online courses.  There are many courses online selling for upwards of $3000.00, but it is not necessary to spend that kind of money to get a good education.  Usually the expensive courses come with DVD’s and other expensive items that raise the price.  Much of the time one can find a course for under $500 that teaches the exact same content for much less money.

Wishing You Success in Trading!

David Molina