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Sunday, August 9, 2009

Forex Ambush 2.0, Play Hard, Live Rich

By Forex Phil

I don't know about you, but I hate to be treated like an idiot. I hate long winded, cheesy, high-pressured sales pages that have nothing more to say than brag about how smart they are and how stupid I am unless I buy their whatever. This is what stands out as different with the Forex Ambush 2.0 website. They actually have a proper website, not just a sales page.

Of all the forex robots I have reviewed and tested, Forex Ambush 2.0 is the only one I can think of that has a normal business website. At last I was not being treated as an idiot, blindly to believe only the hyped up sales page nonsense.

Forex Ambush 2.0 claims 100% accuracy, and I have found no evidence yet of a losing trade. How can this be so? Well basically it does what I would expect all forex trading software to do. It uses an artificial intelligence engine to monitor a (unstated) number of forex indicators to anticipate when a currency has been oversold and is due for a reversal.

Think about it. Metatrader has many forex indicators. Each indicator plots an aspect or dimension of the market that has just occurred. The forex indicators may be measuring volumes of trade, or comparing pricing pressures in some way.

Many people don't trade with expert advisors. Rather, they do all their trading by relying on the indicators built into metatrader already. Different traders have their own systems of which indicators have helped them in the past. Each indicator gives a graphical measure of an aspect of the markets, and using several indicators give a more comprehensive picture.

But what happens when say 5 or 7 different indicators are tracked, all measuring and tracking a different perspective of the currency pair. And what if these indicators all line up and say the same thing - that a market is over-sold and a reversal or correction is imminent. THAT is what I expect from my robots!

In the past when the forex market was the domain of only the large banks and brokers, they would have also used similar techniques to guide their professionals on when, what and how to trade. But with the Internet and metatrader the doors have opened up to hundreds of thousands of small traders; many of them using tools like Forex Ambush 2.0

Forex Ambush 2.0 does seem to be many steps in front of its competitors. The developer certainly seems to have taken forex robots to a new level of performance, and the vendor certainly intends to take the technology into the wider market place for the masses to use. The combination of indicators it monitors and correlates definitely has given me an edge in my forex trading.

It is not a problem to me if Ambush misses a trade, as long as it is always right when it tells me to trade. After reviewing Forex MegaDroid and Fap Turbo, where they consistently got better than 95-97% accuracy, 100% success is not so far away.

Many people who buy forex robots want to see an exciting flurry of fast and furious trading going on at all times. Don't expect that here for Forex Ambush 2.0. Think of this expert advisor as more at the conservative end of forex trading software. Be thankful for it not losing money rather than blame it for missing some trading opportunities. - 23208

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7 Things That Can Affect How Your Car Insurance Rates Work

By Kelly Poter

It's essential to be aware how car insurance works and how premiums are calculated. The formula for computing the rates are not revealed, but some factors will give you a clue how much you should spend for car insurance. Here are some aspects that will either cause a raise or reduction in your car insurance rates, depending on your level of risk.

The amount of coverage you need or want will affect how much you pay for car insurance. It's obvious that the more protection you want, the more you will have to pay. For example, liability only coverage is the least expensive car insurance compared to having full coverage on your vehicle.

The amount of your deductible will play a direct roll in how much you pay for car insurance. A deductible is simply the amount of money you pay before the insurance company will start paying a covered claim. The more money you are willing to take out of your own pocket before the insurance company does, the less you will have to pay in premiums. The less your deductible is, the more money your premium will be because the insurance company will likely have to pay you at some point.

Your driving record likewise has a significant impact on premium amount. If you are prone to accidents, the insurance companies will deem you as high risk. Your premium will consequently increase. If you hold a good driving record, your premiums will be lower because you pose a lower risk. The insurance companies are attracted to low risk individuals.

Credit rating can have a positive or negative affect on your car insurance premiums. The higher your credit score, the better your rates will be with your car insurance policy. This again is because you are less of a risk to them because they see you as a responsible person.

Your address can affect your car insurance rates. If you settle in a bigger city where there are many cases of theft, then expect elevated insurance premiums. Insurance companies will grant you a discount depending on your address, safety measures of your car, and your parking area. You cant do much about this privilege but you can secure more safety features so you can avail of the discount.

You age affects your car insurance rate also. Usually, more years in driving will mean lower pay for car insurance. Teenagers and people under 25 years old are charged with higher rates than other age group. Seniors likewise pay higher rates because teenager and seniors are both prone to car accidents.

And lastly, the type of car you drive will have an impact on how much you pay for car insurance. The more safety features, how old the car is, and what type of vehicle you drive will allow for fluctuating car insurance rates. Make sure to check out how much your car insurance will cost when buying a new vehicle.

Hopefully these 7 tips that affect your car insurance rates will help you understand how car insurance works, and how your rates are calculated. The more you know about car insurance, the better off you will be in the long run. - 23208

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Candlestick Patterns Explained (Part I)

By Ahmad Hassam

Based only on the market activity of the previous few days, most candlestick patterns are valid. Using one of these without knowing about the previous trends wouldnt be very useful. For instance, some of the candlestick patterns indicate a change in trend.

Usually the context in which you find the candlestick pattern tells you a great deal about what you should do based on that candlestick pattern. Lets consider simple candlestick patterns first.

The Bullish White Marubozu: A long white candle represents the day when bulls control the market. The bulls push prices higher from the opening to the closing. The longest white candle is the most bullish of the candlestick patterns. Chances are with the long white candle closing near the high, the bulls will be back for more buying the following day.

One common feature of the long white candle is an open near the low of the day and a close near the high of the day. This means that buying has been taking place all the day. With the long white candle, the low price on the candlestick is a good support level.

The Bullish Dragonfly Doji: A day must begin and end with the same price for a Doji to be created. A Doji just looks like a cross. So essentially there is no stick in the candlestick. A Doji is formed when the opening and the closing prices are the same.

A Doji may not look very exciting to you. But dont be fooled. Doji patterns are usually associated with a market turn. Doji depicts a day where the battle between the bulls and the bears has been fairly equal.

For those hoping that prices go higher, the price action depicted by the Dragonfly Doji bodes very well. A Dragonfly Doji is unique in that three of the four candlestick patterns- the open, high and the close are all equal. The low of the Dragonfly Doji day is considered a near term support level. You can make smart trades based on the Dragonfly Dojis.

The Bearish Long Black Candle: A long black candle means that sellers take over at the beginning of the day and push prices lower and lower until the end of the day. The long black candle is the direct counterpart of the long white candle discussed earlier. The long black candle is as bearish as it gets.

These sellers are selling just to get out of their trades. Price sensitivity is very low for these sellers. Seeing this type of enthusiastic selling must give you the confidence that the bears will be in control for a few more days after the appearance of the long black candle. You can capitalize on this fact. The long black candlestick pattern is a good bearish signal. - 23208

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Invest In Gold For Profit

By Michael Swanson

There are precious metal markets that also sell gold as a commodity, and of course, people invest in gold to try to make profits. Some people enjoy investing for short-term goal profits, and others enjoy holding onto it for a longer period of time to make a bigger profit.

Gold is very similar to other types of commodities, it rises and falls, people who trade on the short term will buy gold at the low end and sell it when it climbs making short term profits.

They may hold onto the gold for just a few moments or they may hold onto it for a day, a week or a month. This is all considered short term gold trading. And while profits are made, it's a small amount at any one time.

For those who enjoy bigger profits, they may be considered long-term gold traders. They may actually hold onto the gold for several months or perhaps a year before they make another trade.

Anyone who is trading gold is actually looking for profits by the increasing price of gold and selling it at the right time. You'll need to invest in gold with a broker or perhaps an online broker that trades in these types of commodities.

Look to Internet trading platforms so that you don't have to go to a broker's office or even make phone calls. Now that it's easy to trade gold on the Internet everyone is able to invest in gold and possibly make profits. It's important that you remember that not only can you make profits, but you can also lose your profits when trading in any type of commodity.

Also important, your trading platform and your trading contract needs to be understood thoroughly. You'll want to watch how gold rises and falls in this way, you can trade and make your profits when the prices right. - 23208

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How To Make Money Online With Automated Forex Trading Software

By Phil Jarvie

I have 2 great passions: working from home and trading forex. Twenty years ago it was impossible to trade forex as it was exclusively the domain of large banks and brokers. But now and for the past few years there have been many changes to the way forex markets operate and so now small home traders can live and breathe the forex trading markets making very tidy profits along the way without leaving home. Software and the Internet allow us individual traders to place buy and sell orders with our broker or brokers. Some of this software is manually operated; some of it is fully automated forex trading software.

Does it take much money to get started? No, $500 plus software costs is enough. Of course the more money you have the better and $10,000 would be a great start. But $500 is fine too - depending on the software robot. When you say add 5% compound profits to your $500 start you will have $1,000 in just 15 trading days. Do that again and you have $2,000 within 30 trading days. And so on and so forth. The trick or key to success is to select the right software, and to help you with that choice it is important to find the right product-review website to research which is best for you.

Fap Turbo: FAP or Fap is short for Forex Auto-Pilot is the largest selling software robot on the market with 37,000 users out there. When you get Fap Turbo and install it - it has default settings adjusted for you to get you started. You are encouraged to watch all the training videos and other materials before you begin trading, and always start trading with a free demo account from your broker. While this is the biggest expert advisor around, it should be purchased with Fap Winner because this add on is where you get instruction on the best settings to use to make the most profit. Fap Turbo without Fap Winner is too hard for new traders to learn. With Fap Winner guiding you, Fap Turbo then becomes a profit power house.

Forex Maestro has been around in the market now for about 4 months. there has been much argument about who developed it and if any rules were broken by the vendor in terms of did he have permission to sell it, is it an exact copy of another forex robot, etc. Some forex forums canned Maestro on the grounds that it was released without consent, but interestingly the alleged programmer has never come forward nor ever complained his work was copied. Certainly Clickbank have been allowing it to sell on their network without drama. It is a strong performer, and you may want to consider it for your toolkit of forex software programs.

Forex Funnel: Forex Funnel say it's designed to trade the USDJPY pair on a 1 hour chart, but actually you can trade profitably on other pairs. It is best to go with what they recommend, so stick with USDJPY as there maybe some aspect of that pair they are exploiting. It is a very aggressive expert advisor, and it is only suited to larger trading accounts - not less than $5,000 because it can draw down quite a large portion of your account before swinging into large profits. Perhaps not for the new forex trader, but certainly worth a look at when you have a few months trading behind you.

Finding the right review website is paramount to you making the right decisions about forex robots. There are literally hundreds of expert advisor forex software programs available. Not all of the work well. Not all of them are suited to new forex traders. Some are more dishonest than others in their claims. All seem to have hyped up sales pages filled with urgency trying to push you into a fast decision. The 3 forex robots discussed here are all good - in the right hands and with the right settings and trading account size. Find a good review site and you will save yourself a lot of time and hard earned money.

The temptation is to fall victim to the sales claims made by the forex robot vendors. Remember they are not your friend. Remember that much of what they claim is lies and fluff designed to trap you into their web. Know that they are appealing to your/human greed and laziness. Of course everyone wants fast, lazy and huge profits. But being realistic, if all their claims were true then they don't need to sell you anything - they could simply use their own forex software to compound profits into many tens of millions of dollars. Be smart about this and you will soon have a new career as a forex trader. First thing is first. You have some things to learn first. - 23208

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