Ianprotrader

I make money with forex robot but it is a robot that I programmed with meta quotes. I started trading manually few years ago and only after I had a clear trading plan with a positive statistics I started programming my trading plan and it works good for me- I don't believe in other automated platforms or services. Either way, you got to have a broker that supports forex robots, such as Alpari, FXCM or Sunbirdfx…Good luck with that!

The best platform for automated trading is obviously meta trader. You can program the trading plan by yourself or get robots that already have their own techniques, but be careful of that cause some are not really working and you will end up losing money. You will also need a broker that supports automating trading, usually ECN brokers. I run my robots at sunbirdfx and also in Alpari and they are good brokers for automated trading.

My trade management is very simple. I set targets for the trades before I open a position and I realize partial sizes in each target. I also move the stop loss order along the trade, each time the currency makes new low (or new high if it is a short-position).

Of course, anything can happen in the forex market. I think that we are close to the correction in the US stock markets and since the Euro usually goes in the same direction of the US indices, I expect it to fall under 1.29 soon.

Automated trading works for big players and institutional. I don't believe that a personal trader can come up with a robot that will win the market constantly. Only if you have a manual technique that works, than you can try to implement it on automated trading, though you probably won't succeed.

No doubt, that for forex trading the MT4 platform is the best for automated trading. Unfortunately not every broker welcomes EA traders (usually market makers) so try ECN brokers for this kind of trading (such as Sunbirfx or Alpari UK).

Definitely I think that the gold has finished the correction of the recent rally, and it is about to start a new bullish session. There is a double-bottom pattern at $1700, which is a strong signal for the gold. A break-up of the current resistance at $1740 will be the beginning of the bullish reversal and the gold will probably try to take over $1800 again.

Nobody really knows what happens if Greece falls. This apocalyptic scenario has not happened before so any estimation is nothing but speculation. I think that in the short term, the financial markets will crash and the world might slide to another resection. However, in the long term I think that if we learn the lesson, this might help to us to grow to a better future and much decent financial system,.

I don't think that this is the correct time to declare the USD as "dead". I think that what we have seen from the beginning of the year is an aggressive correction of the major currencies against the USD, after several months in the last quarter of 2011 in which the USD gained many points. The European debt problem is far from being over, and the catastrophe there will lift the USD to new highs…

I had the same dilemma few months ago. I opened a regular account with sunbird fx (mt4) and things were great-no requotes and fast executions. I read somewhere that currenex was much better and recommended, so I opened an account there. The result was that I saw no difference in the performance aspect, but currenex cost much more. In the bottom line, I could not see the advantage of trading via currenex.