Archive for October, 2010

Breakout Trading Forex Strategy – Filtering False Breakouts

Illustration: Trading Strategy
A guest post by Ahmad Hassam

Breakout trading can be highly profitable yet at the same time frustrating as many breakouts have a tendency to fail. The main cause behind most of these false breakouts in the forex market is the big players that intentionally cause pairs to breakout in order to suck in non suspecting or inexperienced players.

Breakout trading is all about learning how to avoid trading a false breakout. You need to develop a price filter that can help you screen a false breakout from a true breakout so that you can trade it.


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Risk Management Basics – Risk to Award Ratio

Illustration: Risk to AwardRisk to award ratio is often used when evaluating the risk of a Forex trading strategy, be it manual or automated. It’s one simple number that can tell a lot about a strategy. In fact, this number alone can tell a good strategy from a bad one. So what is the Risk to Award ratio and how do we use it?


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Forex Quattro

This is an entry for Forex Quattro. Please leave your comments or reviews below.

If you want to submit a Forex software or course that is not already listed on this site for user comments and review, use the submission form.

Forex Cash Bot


Forex Cash BotForex Cash Bot is a new Forex robot that promises to work. But don’t they all?


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Forex Fortune Teller

This is an entry for Forex Fortune Teller. Please leave your comments or reviews below.

If you want to submit a Forex software or course that is not already listed on this site for user comments and review, use the submission form.

Pips Geek

This is an entry for a Forex product called Pips Geek. The official site for this product is at pipsgeek.com. If you’re looking for more info about this product follow the link.


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The Forex Millionaires

This is an entry for The Forex Millionaires. Please leave your comments or reviews below.

If you want to submit a Forex software or course that is not already listed on this site for user comments and review, use the submission form.

MRN Bot


MRN BotMRN Bot or “Machine Readable News” Bot is a Forex EA that uses a new technology to predict market movement.


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FX Retribution


FX RetributionFX Retribution is an Expert Advisor that can trade any currency pair on autopilot.


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Forex Geyser

This is an entry for Forex Geyser. Please leave your comments or reviews below.

If you want to submit a Forex software or course that is not already listed on this site for user comments and review, use the submission form.