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Dollar VS Yen

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Dollar increased versus yen today (19.10.10) after the US Secretary of the Treasury Timothy Geithner declared that the USA continue to remain favorable to the strong national currency.

“Geithner used the phrase of the “strong dollar” for the first time over a long time period “, says Jeff Candrick from Nomura International Plc. “Dollar has slightly grown on that but, nevertheless, you shouldn’t forget that it’s a political game mostly”.

“Geithner‘s comments helped dollar a little”, says Brian Kim, strategist from the UBS AG currency market. “He said there would never be such time for the dollar to be forgotten as the world reserve currency “.

Geithner went to South Korea to take part in the summit of Big Twenty’s countries, where exchange rates and efforts of the government in the matters of the economic plolicies will be discussed . Minister of Finance of Brazil Guido Mantega has recently declared that countries trying to protect their export had to end the ‘currency wars’.

Information published today is especially interesting due to the business optimism index data generated by the German research institute ZEW , which decreased to -7.2 points in October (6th month in a row) versus -4.3 points in September. Despite the fact that the main index stayed at minimum since January 2009, the component of the current conditions increased to 72.6 points (3 year maximum).

EUR/USD showed session maximum at $1.3960 after the issue of ZEW report but the growth was temporary. The tension had soon resembled and the rate went down to $1.3880.

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Automated pips EA

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Automated pips EA seems to be a scam in terms of what they show – they have had extensive trades, but suddenly they stopped right around the launch period. Why is this happening – because what they have depicted was taken out of nowhere. As we can see on their website, they don’t even have broker’s names on their statements.

They have shown the results of 5 years live trade, which would obviously be fake.
The best way to check their genuineness is to get access to one of the accounts to prove they are real.

As you can also see from their statement the swap rates are the same for the entire period of time that sounds like a joke too.

According to the above-mentioned, I find the claims on the Automated Pips website to be extremely suspicious and recommend a high level of caution when dealing with this company.

‘I’m so confident you’ll make money with Automated Pips I’ll give you every penny back PLUS $100 out of my own pocket if I’m wrong!’ This seems to be like a total lie as no one will reimburse your loss and you will only get a refund for what is the initial cost of this EA in the best case scenario.

As a conclusion I may say that the website design and the statements placed look like a Photoshop craft to me.

You can go and check their website yourself

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Setting the Forex MegaDroid parameters

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Every Expert Advisor has its own parameters, initially set to default values. Parameters are usually described shortly in the EA’s manual, but we will try to research them as deep as it is necessary in order to catch the idea and learn how to change their values to achieve better earning performance and minimize a loss risk.

At the picture below you can see the Forex MegaDroid 1.21 parameters. Let’s break down the most essential of them, which influence a trading process.

Read the rest of this entry »

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Forex BulletProof is available at ForexSoftwareSetup

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I have added Forex BulletProof in the robots list at ForexSoftwareSetup. So now, you can install BulletProof for $49 on your PC or VPS.

This is the cheapest service in the whole internet!

Forex Bullet Proof team has approved this service as reliable one. To know that you can ask them here:

Install ForexBulletproof on my PC or VPS

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Non-Farm PayRoll – Disable your EA

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Tomorrow is Non Farm Pay Roll, so I recommend you to disable your EAs if they do not have option to disable itself on this day automatically. Anything could happen on Forex during this day and that is also Friday so it’s double dangerous to trade on it.

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Some updates about Forex Bullet Proof

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There are less than 3 days left before the Forex Bullet Proof launch. IT will take place at 9:00 am EST time on Tuesday 31th of August – the last summer day! 🙂

The launch of Bulletproof is going to be huge because FAPTurbo creators are big guys and they will tell everyone about this robot. I trust them and I hope that the robot would be really good so I will buy it. Now about the updates regarding this robot, I would like to deliver the hottest info to my readers to know everything right before the launch:

  • ForexBulletProof is having 10 people on Support and they are REAL people. They will cover 22 hours daily and they are using KAYAKO Support Suite for tickets and live chats. Read the rest of this entry »
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Get one of 10 free Forex Bullet Proof copies

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Forex Bullet Proof – new robot in Forex expert advisors industry is offering you to join their lottery. Add yourself to the waiting list and get a chance to become owner of Free robot copy. This is $147 discounted, Not bad!

You can Subscribe on their main page:

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