Friday, February 13, 2009

What Is a Forex trading guide??

A Forex trading guide is basically a software system that trades in place of the sometimes emotional human mind. Of course there are many many benefits to having a EA trade for you. just the issue of reading your sheets and indicators quickly and with pin point accuracy is a hint if what a robot type brain can do. reminds me of an old star trek film when Data moves the knife between his fingers so fast the human eye can't keep up.

All trading guides have there very own set-up that is what sets them apart. some are set for scalping. A quick few minutes on the trading server. or long range trading where you take a much longer view on the movement of one currency against another. The currency units are always set to the best trading pair USD/GBP or EUR/USD for instance. Don't tamper with these settings unless your really sure of what your doing.

There are many different types of Forex Trading guides depending on their end user application. Some are designed specifically to trade big events and remain out of the market all other times while other EA's are meant to remain active 24 hours a day 365 days a year. Some of the big traders hire programmers to build there software with their own "special settings" These traders usually have been at it for years so it's not something that the average trader entertains.

There are Expert Advisers that can teach you a bit quicker and smarter than others. Right now FAP Turbo is sweeping across the forex Market Scalping Trades with unprecedented accuracy. increasing your pip count 2 or 3 fold.

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