The Forex Noob

Navigating the Treacherous Seas of Forex Trading
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Forex Products

This page is dedicated to products that make your forex trading more profitable. Each forex product is accompanied with a blurb highlighting its attributes, a link to its site and in some cases links to review sites. Where appropriate my review will be added. A review fro The Forex Noob will only be present on products tested or used by me.


In some cases I will have an affiliate relationship with a product. Whether there is such a relationship or not ranking of apparent magmatic will be present i.e. If I offer review of a product it means I have used it; in other cases I will simply comment whether the product appears to be a scam or valid forex tool based on my research.


Why all of this? I’m a forex noob doing research on forex trading and believe it beneficial to share my experience and findings. Experienced forex traders may have this knowledge but other noobs may not. If we forex noobs can help each other not get cheated we’ll all be better off.

FAPTurbo

FAPTurbo forex robot

FAPTurbo forex robot

I have started to test FAPTurbo on a demo account. Started on Friday, not an advised trade day by the FAPTurbo makers. I will be running it and reporting on my experience here.

So far FAPTurbo is what the makers/marketers say it is, a forex EA (robot) that makes trades based on programmed settings. It’s doing that, not profitably thus far but let’s give it time.


According to reports $370 Exploding Into $9000 Automatically, $2,500 Exploding Into $11,300, $5,100 skyrocketing into $34,000 hands free, here you go: and other claims.


I have yet to find a negative report on FAPTurbo but ya never know who is reporting and for what reason.


If you’d like to check out their web site, it’s a hard sell marketing site, click any of the links here.



forex-megadroid-ban

Forex MegaDroid – FXDroid

The new product coming to the market is an FXDroid. Forex MegaDroid touts itself as the first AI forex robot and that it looks into the future to predict favorable trades.

The first webinar was scheduled for March 30th 3p EST but was postponed to March 31 @ 6a EST. Not sure if it actually happened.

Here’s some info on Forex MegaDroid. I get very sceptical when a product is positioned as the perfect anything, and the site is a hard sell with the feel of those MLM, scam, get rich quick deals. It’s a marketing style I realize but do you ever see Coke, IMB, Apple or other reputable companies using it?

In any case, apparently the search is over and we can all install this money machine on our forex accounts and quadruple our money.

38 years of combined Forex trading experience have bared its fruits…it has proven that outstanding frontier-breaking concepts can establish new standards…new records.

Check it out and judge for yourself. I have purchased Forex MegaDroid and am testing it myself. You can see the actual results on a daily basis.

Forex Maestro, a forex robot Developed by Mike Johnson.forexmaestro

As of yet I have not experience with Forex Maestro. The web site gives great claims, as they all do, that it will make you rich trading forex.

Forex Maestro is based on what Mike calls Counter intuitive Movement (CIM).

And then I accidentally found out about a “certain something“. What I stumbled across was the “missing ingredient” that all forex traders are looking for…

…something that I named “Counter-Intuitive Movement (CIM)” … something that almost always happens everyday in every currency pair…

It runs any particular forex trading opportunity through a multitude of possible scenarios created by extremely complicated mathematical and scientific formulas.

The built-in neural network inside Maestro picks the trades with the highest possibility to win AND with the biggest profit potential.

Then it finds the most profitable entry and exit points and place the trades for you… 100% on autopilot… with absolutely no human intervention.

If you want more info on Forex Maestro click on the link here and read.

If you have used Forex Maestro let us know. We are always interested in hearing real world product experiences.

forex-ambush-2

I have no experience with Forex Ambush 2.0 but it is another in the new line of Artificial Intelligence forex robots. Their claims are extraordinary, +20,000% per year.

Introducing Forex Ambush 2.0
Never Seen Before and Totally Unheard Of 100% Accurate Artificial Intelligence Forex Trading Signals

** AutoTrade is Now Available **

Produces returns in excess of
+1,600% monthly, +20,000% annually!

What they claim is:

  • 100% accurate signals.
  • developed by a team of 31 traders
  • took 3 years and $2 million to develop

The difference with Forex Ambush 2.0 is that it gives you the indicators, when to buy, you stop loss and take profit then you iniciate the trade. It appears to not be a robot like other EA’s that open andclose the trades themselves.

We don’t give you commentary or a large variety of signals that break even. You simply follow our signals exactly (eg. Buy order opened EUR/USD, TP: 20 pips, Trailing stop: 5 pips) and you will make profitable trades without a single loss. Our trades are also designed to close automatically. All you do is enter the trade when you get a signal and walk away. That’s it! Take out your profit, usually 5% to 50% then reinvest your capital in the next signal. It can’t get any easier.

Why Forex Ambush 2.0?

  • Advanced artificial intelligence will make you swear you could predict the future.
  • Works worldwide, all you need is any Forex account.
  • You don’t have to know anything about trading, the signals tell you exactly what to do.
  • Fool-proof programming adapts to any market condition giving you the edge no matter what.
  • Invest in the Forex market like the pros and banks do right from home.
  • All you need is $250-500 to invest in the first signal then use your profits for the next signal.

How It Works

forex-ambush-2-how1

If you are using Forex Ambush 2.0 let us know how it is working for you.

The London Forex Rushlfs-lg

London Forex Rush utilizes an intra-day stock trading strategy known as Open Range Breakout. In a nut shell Breakout traders look at the opening 30 minutes or so of a market when wild swings are common. They then track the direction of the particular stock (s) they are following immediately after that initial volatile period. The believe is that the initial direction of the stock will indicate it’s direction for the day.

London Forex Rush uses this  strategy on GBP pairs focusing attention on the end of the Asian market day as it overlaps the London trading day.

What to trade: Slow-moving currency pairs are the bane of intra-day traders. We want market action, we want fast-accelerating currencies and above all we want currencies that deliver the punch! And if there’s one volatile currency in the Forex world that’s the Sterling Pound. Indeed, all of its crosses (GBP/USD, GBP/JPY, GBP/CHF, etc) can easily swing for over 200 pips any day of the week. That’s why the London Forex Rush system trades only and exclusively the Sterling Pound currency pairs.

When to trade: It is a proven fact that most currencies, especially the Sterling Pound crosses, pour in their largest daily moves within the first two hours of the London market. That’s when the Forex market scores its highest trading volume levels… and that’s when you want to grab your piece of the cake!

If you are using London Forex Rush let us know how it is working for you.

Dean Sanders LTM Forex Forex Formulaltm2

L.M.T Stands for Low Maintenance Trading, L.M.T is the concept behind Dean’s most successful and profitable trading methods. It is a combination of everything he has discovered over the 9 years of trading forex. He has a free paper that you can download here, L M T Profit Plans.

Dean believes that using the L.M.T methods anyone can learn to trade forex profitably,so he decided to put his theory to the test. Dean created a small group of  struggling forex traders and set about teaching them exactly how he trades the forex markets. He showed them every aspect of his forex trading system.

After 1 month the results were astounding, every single student in the group was trading successfully. 2 month later some students were at a point where they would be confident in trading full time for a living. Others were happy just using forex trading as a second income.

After much consideration Dean decided to set about creating a home study course, in the course he put everything he had taught the first group of traders this way more people could benefit from my methods. It took months of hard work creating step by step video tutorials and manuals. The course became known as the L.M.T Forex Formula.

Dean’s video and white paper can be seen here.

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