The Forex Noob

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Forex MegaDroid is live on a demo account with FXPro.

Like FAPTurbo Forex MegaDroid really pushed ForexMeta as a broker. Wonder why?

First thing to know is that Forex MegaDroid ONLY WORKS WITH EURUSD. It really does not matter where you make your money but that was a disappointment. I’m sure that info is not shared before you purchase because of the chance of it hurting sales.

Why do forex bots only work with certain currency pairs? The EA’s installed in MT4 appear to work with any pair and SecreteEA I believe has traded with a wide range of pairs. At least none of these give wrong pair errors when installed.

On the positive side Forex MegaDroid is very easy to install and set up. It has a few settings that you can change but for the most part it is automatic. The manual is overloaded with fluff, very basic installation info but if someone needs it the info will make it easy for set up.

Right now I am getting a “Not enough money.” warning showing Available margin $5000 (the ballance I set the demo account up with) and Required margin = 25100.25. Not sure what all of that is and I don’t see an explaination in the manuel so I guess it’s time to test the Forex MegaDroid Customer Service.

I did it. I bought Forex MegaDroid. It’s only $97 so it’s worth the test.

If you are interested in Forex MegaDroid their launch special is “For the first 200 to purchase Forex MegaDroid the price is just $97. After the first 200 are sold the price is going up.” Believe it or not that’s the launch price hype.

I’ll put Forex MegaDroid on a demo account and run it against FAPTurbo. I haven’t been overly impressed with FAPTurbo thus far (time to write a demo update) so it will be interesting to see if Forex MegaDroid shows better results. It does answer a question I posed here a few days ago…Is there a forex system that works in more risky periods?

You can find Forex MegaDroid here and FAPTurbo here.

Forex MegaDroid is my newest purchase and affiliate association.

There has been a good bit of email and web site hype for Forex MegaDroid but I have yet to find anyone who has actually used it. I am currently testing Forex MegaDroid and posting results.

If you are interested in purchaseing Forex MegaDroid it is $97 at this time. The publishers say they will sell 200 copies at $97 then raise the price. Whatever…..If it has any validity it should make back a hundred bucks.

Click here to read the hype and purchase Forex MegaDroid.

Did you see the Forex Mega Droid webinar? Neither did I.

I’m always skeptical when web events don’t happen. Oh, technical difficulties occur but trust and the internet are note best friends. The postponement of the Forex Mega Droid webinar form yesterday to this morning is one of those, “Bet they didn’t have many people give them their email address.” type of thing so they waited.

I didn’t watch this morning at 6a EST. I generally don’t go out of my way when I smell hype. I did follow the link given in an email I received where a transcript of the webinar was supposed to be supplied. No transcript that I found but I watched the vid supplied. It’s a general marketing piece giving little info.

They do give a name to the theory behind the Forex Mega Droid, Reverse Correlated Time Price Analysis (RCTPA). Okee-Dokee.

Forex Mega Droid is supposed to be able to predict the near future, 2-4 hours out, based on current and recent trends. It is marketed as working in any market situation not a narrow and sterile window. And all with nearly 96% accuracy. If it does great. Will it work will any currency?

My question is always If these guys are such big deals in forex trading why are they schlepping a bot for a few hundred bucks? Oh yea, we don’t even know how much this thing costs. I’m sure we’ll see soon.

Forex MegaDroid – FXDroid

The new product coming to the market is FXDroid. This afternoon will bean introductory webinar.

Forex MegaDroid Exclusive LIVE Webinar

Webinar Start Time: Today, Monday March 30th At 15:00 EST (3p EST)

Location: Please Access This Page, Webinar Will Go Live Here

It will be very interesting to see this product in action. Their claims are that it predicts market actions 2-4 hours in advance with nearly 96% accuracy.

John Grace and Albert Perrie, the developers, have 38 years of experience in Forex. Their new RCTPA could change the face of forex trading forever. We’ll see what it’s all about this afternoon.