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Thursday, September 17, 2009

Different Types of Forex Robotics

For those who are foraying forth into the world of forex trading with the help of the software known as Forex Robotics it is best to become acquainted beforehand with the different types of forex robots available. Professionals highly recommend the use of these forex robots for successful trading. There are many types of forex robots with each being specialized in some point or the other. The target is the same - to increase the profit of the trader.

Some of the best models of forex robots are FAP Turbo, Forex Megadroid, Forex Magic Machine, Forex Automoney, Forex Ambush etc. There are many other models. One of the best is the FAP Turbo that is activated by a forex autopilot device. It works smoothly without any chalked out plan on any specific currency. Its accuracy level of 80% is guaranteed. It is one of the first rankers among its peers.

On the same lines is fashioned Forex Megadroid. It ranks second as regards excellence in performance as observed from the time of its debut. Its accuracy level ranges from 70% to 90%. It correctly forecasts the market position 2 hours to 4 hours in advance. It explores market values, evaluates and marks out trends focusing only the markets in USA and Europe.

Ranking third is the Forex Magic Machine that is comprehensive in its functions covering three types of applications. The Forex Impulse Trading System makes infallible accurate identification of the best traders to enter the forex market. The Magic Indicator makes analysis of the forces related to time and price - the factors behind the stimulation on each market day. Last but not least is the Trader Survival Kit that includes guidelines in booklets explaining the entire process of forex trading.

As regards signals the first place is occupied by Forex Automoney because of its precise accuracy. Till now it has never failed. It also provides time tested strategies to be used for different days of the week. The system is easy to understand and apply. Traders using these forex robots are required to programme in a specific strategy and then receive the signals through either e-mail and or SMS.

Another forex robot of renown is Forex Trading robotic. It is reputed to be the least costly of the entire lot. Users are well aware that although the price gap between Forex Ambush and others is considerable there is not much difference in performances. But the plus point about Forex Ambush is that it can be regarded as an information bank - wide and deep. That apart those traders who reside in non-English speaking regions of the world can benefit from this model because it has an 'all language' version.

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