Forex Ambush 2.0 - Trading by Robot: 3 months Profitable Trading Now

By Forex Phil

I don't know about you, but I hate to be treated like an idiot. I hate long winded, cheesy, high-pressured sales pages that have nothing more to say than brag about how smart they are and how stupid I am unless I buy their whatever. This is what stands out as different with the Forex Ambush 2.0 website. They actually have a proper website, not just a sales page.

It really does stand out as the exception rather than the rule that the Forex Ambush 2.0 is more professional because of its website. So enjoy their FAQ page and by all means contact them with any further questions you may have for them about their expert advisor and services.

Forex Ambush 2.0 claims 100% accuracy, and I have found no evidence yet of a losing trade. How can this be so? Well basically it does what I would expect all forex trading software to do. It uses an artificial intelligence engine to monitor a (unstated) number of forex indicators to anticipate when a currency has been oversold and is due for a reversal.

Metatrader is more than an information processing platform connecting people to markets via brokers. It is actually a fully functional system of analysis tools available for you to use as you wish. The basic metatrader package comes with a large variety of indicators. Each indicator shows you graphically a dimension of the market now and just previously.

Many people don't trade with expert advisors. Rather, they do all their trading by relying on the indicators built into metatrader already. Different traders have their own systems of which indicators have helped them in the past. Each indicator gives a graphical measure of an aspect of the markets, and using several indicators give a more comprehensive picture.

If one indicator by itself could give a misleading hint as to what is going on, imagine if 5 or 7 different indicators were all at work, each plotting its own aspect of the market. Now if the indicators are all pulling against each other, then Forex Ambush 2.0 would not be alerting us to a trade. But if at the correct time all the indicators confirm a profitable trade, then expect Forex Ambush 2.0 to alert you to act promptly.

Logically, large banks and trading organizations would have been using technology like this for years. But things are different now. Now mums and dads can have access to the forex markets, to forex trading systems and forex trading software like Forex Ambush 2.0.

Forex Ambush 2.0's ambition is to take the technology to the wider market and into the consumer's hands. Forex Ambush 2.0 claim it has been described as working so well, it feels like it uses insider information to pick trades. From my own experience, this expert advisor definitely is reporting to me the right times to buy/sell.

I have been very impressed by MegaDroid and Fap Turbo (with Fap Winner), but I must admit that even though they both have very high profitable trade percentages, Forex Ambush 2.0 deserves a very strong thumbs up. I can't speak for the fully automatic version, as I am not paying the $97 a month extra for it. But I am very impressed with the manual, trading alert version.

Perhaps the thing in common that MegaDroid and Forex Ambush both have is being at the more conservative end of the business. Personally, given the high levels of leverage we all operate at, I am thankful for lower numbers of trades in exchange for higher levels of winning trades. After all, I don't trade forex to lose money. - 23309

About the Author:

ForexPhil is a professional forex trader with many years trading experience. Visit his website to get free reviews and updates on forex trading tools, forex software, automated robots and expert advisors and read about his forex trading training course

4x Trading Made Simple: Forex Money Management 101

By Phil Jarvie

is 4x trading easy? Or is it hard? It really is neither. 4x trading is just different. It is nothing like trading stocks, bonds, shares, options or warrants. It is 4x trading. It is the home to emotional investing, 4x gambling losers. So, to protect yourself you need to understand the rules of Forex Money Management, and the first rule is:

Forex Money Management means not losing money. Forget for now all issues of making huge profits. The first rule is all about not losing money.

It should make sense that with the largest market place in the World - where in one week more money changes hands than the entire USA economy does in a whole year - that there is no such thing as a 4x robot, any super computer or an Albert Einstein of 4x trading. That's OK, this simply means we don't get to ride every blip and pip of movement with profits. We will miss opportunities and that's just fine. I am allowed to sleep, I am allowed to be cautious. But I am NOT allowed to lose money!

2% of your 4x account is more than you should be risking on a trade if you have proper and effective forex money management.

But let's get creative with our highly leveraged 4x trading and our forex money management rule. I have a $10,000 trading account. That means I am only allowed to risk $200 of my account on any trade. If I am trading full lots, that means I must set my stop losses at 20 pips. But on extra wildly fluctuating days, I like to trade 5 lots. That means I must set my stops at 4 pips to follow the forex money management rules. How to give the trade room to breath?

How can I trade 5 lots in a highly volatile trading market and only be able to let the trade breath by 4 pips? Quite easily actually. Follow the 1 hour chart for EURUSD for 19th August, 2009. Go on, open up your trading platform now to see the history for that day or I am wasting my time writing this article. You will see that in 3 hours the USD crashed on bad news with the Euro appreciating from 1.4111 to 1.4265 - all in 3 hours. That's a hefty move.

Not even a super computer could predict to buy at 1.4111. News traders would have got on board based on the USA problems sure. But actually, I was lucky enough to be already long a few hours earlier. But with only a 4 pips stop loss? Luck or stupid?

Fact is I was going out shopping with the girlfriend and I had trading signal software telling me I should be long. So I had placed 2 pending orders. The first was a 5 lots pending buy limit order at 1.4080 (in case of a dip in my favor), and to cover this potential and to obey forex money management rules, I also placed a 5 lots pending sell short order - one cancels the other out should they get executed.

As it turned out, the market did dip down to 1.4069 and I was in for both buy and sell orders cancelling themselves out. When I got home the sell stop order was in profit, and my buy was at a loss. But the net effect to my account was only the 0.9 pips spread. I waited for an hour, the Euro rebounded, I closed my sell trade at break even and let the buy trade continue. Joy oh joy it then went seriously into the money a few hours later on the USA's bad news.

After closing out the short position at break even and with the long position in profits, then the next few hours was all about protecting that profit. I was never at risk of losing my 2%. When it profits were high enough, I set the trade to a 20 pips trailing stop and let the trade play out. $8,250 or 82.5% profit on the day. Never was the forex money management rule ever broken. By using hedging, my account was protected.

Hedging people. Learn it, get serious about the first rule of Forex Money Management. DON'T LOSE MONEY, and NEVER risk more than 2%. - 23309

About the Author:

Phil Jarvie is a professional forex trader expert in 4x trading, 4 software and using 4x hedging for forex money management and may wish to visit his website to consider his reviews on how to make money trading currencies