I know almost 70% of professional forex trader are using manual technique rather that an automatic forex trading software (also known as expert advisor – under MetaTrader4). These professional forex trader were using their own pre-designed forex indicator and signal to calculate and predict the best time and value to enter and open trading position.

I myself has been doing this kind of technique for almost 4 years until I decided to change the way I trade forex on daily basis. I started to redesign my forex indicator to be included on my expert advisor that I’m designing.

After almost 1 year using these expert advisor and found that it gives me the same effect as when I trade manually, so I decided to continue using EA (expert advisor) which I named it as FBOT EA for all my forex trading.

I have 4 forex account with different forex broker and three of them are running the same version of FBOT EA while the other I use a manual trading system. The income are good for both condition and I can assure you that even if you use expert advisor (automated forex trading software), the adrenalin still at the same level as when using a manual trading.

So for those who want top have your own copies of FBOT EA, please feel free to get it HERE

1,4974. GBP/USD broke 1,5260 support. The volatility rises. Bollinger bands are deviated. ForexTrend daily (Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP/USD. The downtrend should continue on 1,4660 support (314 pips). The price should find a support above 1,4850 (124 pips).

We could take a short position at 1,5000. We will put the stop loss above 1,5080 (-80 pips). The targets are 1,4850 (+150 pips, risk/reward 1:1.9), 1,4660 (+340 pips, risk/reward 1:4.2) . Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2.

Resistances 1,5065 – 1,5260
Supports 1,4960 – 1,4850

1,2610. EUR/USD is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are parallel and form the trend. ForexTrend 1H, daily (Trend Indicator) is in a bearish configuration. The downtrend should continue on 1,2440 support (170 pips).

We could take a short position at 1,2620. We will put the stop loss above 1,2710 (-90 pips). The targets are 1,2450 (+170 pips, risk/reward 1:1.9), 1,2400 (+220 pips, risk/reward 1:2.4) . Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2.

Resistances 1,2710 – 1,2760
Supports 1,2575 – 1,2450

This automated trading system released your time (you can do your other chores or sleep) while this FBOT EA making the right money for you using a generated steady stream of income on automated, 24 hours a day, 7 days a week, 365 days a year. It utilized a complex mathematical algorithm to calculate the right time to either buy or sell on forex market.

All you have to do is to deposit enough money to your forex brokerage (i.e USD$1000) and run’s this Expert Advisor on your computer. Then watch your investment GROW AND GROW AND GROW!. It’s better to let your computer running 24 hours a day without shutting it down.

FBOT EA is perfect expert advisor even for newbies or professional forex trader alike. It’s not a “Get Rich Quick Scheme” and it also has absolutely nothing to do with “Multi-Level Marketing” whatsoever.

So get FBOT EA now for USD$49 only. Only 100 copies will be sold. Refund will be provided if you can submit your trading screenshots (real account with unlimited major losses by running FBOT EA for more than 3 month) and you can still own the copies of FBOT EA.

What you need is your computer (Windows O/S recommended) and an internet connection. You can trade from the comfort of your home, without having to deal with any boss or clients. You will only deal with money. Then you can start selling dollars and buying euros and make a profit. You have to find a broker, where you will open an account and funding it. You will also have the possibility to get a demo account and practice, with fake money but in the real time market. I strongly recommend you practice a few months before thinking of “live” trading.

It is not that easy, it is extremely risky if you don’t know anything about trading. First rule : don’t invest what you can’t afford to lose. Forex is not a game, there is a lot of parameters to take in account, and human factor is one of the most important in this business.

You may have already understood it, currencies are traded by pairs. The European Euro versus the US Dollar, The US Dollar versus the Japan Yen, etc. When you buy a currency, you want to sell it later at a higher price. When you sell a currency, you want to buy it later at a lower price. This is how you make profit. Think like you were buying a foreign company share. You always want to buy low, and always want to sell high.

What you are looking to when trading currencies is the exchange rate. This will tell you your next move. Buy or sell. Currencies are part of the economy of each countries. When the value of a currency is increasing, this means the economy is going better as before. The exchange rate can be viewed as the country’s economy compared to another economy. This is why economic factors can help you to predict your next move. If you know that a currency will increase, you will buy it and expect to sell it at a higher price, a higher rate.

You can choose the pair you want to trade, but the most people trade the main currencies, Euro, Dollar, British Pound, Japan Yen. And you can only choose to trade one pair only if you want. You are the only person that will make the decision. Hope you are making the good ones, profit can be huge, as well as losses.

Like any business, forex trading has to be taken seriously. Lots of people are trading the forex and some are earning thousands of dollars every day. But it needs a lot of training, education and analysis before reaching such results. It can be the perfect business and actually it is for advanced traders.

So… Please trade safe and don’t over judge.

1,2858. EURUSD is in an downtrend directed by 1H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H, daily (Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EURUSD. The downtrend should continue to gather momentum.

We could take a short position at 1,2880. We will put the stop loss above 1,3000 (-120 pips). The targets are 1,2740 (+140 pips, risk/reward 1:1.2), 1,2500 (+380 pips, risk/reward 1:3.2) . Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 4.

Resistances 1,2890 – 1,3000
Supports 1,2740 – 1,2700

1,6267. GBPUSD is in an downtrend directed by 1H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H, daily (Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on GBPUSD. The downtrend should continue to gather momentum.

We could take a short position at 1,6270. We will put the stop loss above 1,6420 (-150 pips). The targets are 1,6050 (+220 pips, risk/reward 1:1.5), 1,5800 (+470 pips, risk/reward 1:3.1) . Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 4.

Resistances 1,6400 – 1,6660
Supports 1,6230 – 1,6050

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So feel free to use it. You can get more access by using this Marketiva Coupon. So register now.

Let’s say you intend to use USD$5,000 as your starting capital to trade the Forex market. (Before I proceed further, what do you think with that amount of money, should you open a mini or a standard account?). Although per pip for a standard lot cost 10 dollars if you were to trade GBPUSD currency pair, but that doesn’t mean that you can open a standard account with USD$5,000. So my humble recommendation is for you to open a mini account with per pip cost at 1 dollar.

But before deciding how much you want to risk per trade, you should start with how much money you are willing to lose per month, so to withstand any possible drawdown. Since you are starting with only USD$5,000 as capital, I would suggest a maximum caps as high as 10% risk per month, which is USD$500. So now you know that you can only trade with USD$500 a month* even though you have USD$5,000 as capital on your account. The next step is to determine your risk per trade.

Once you know that you can only risk 500 dollars in a month, and then you can decide how much you prefer to risk per trade. To simplify calculation, let’s say we decide to set the risk per trade at 5% of USD$500, so that means in a mini account, 25 dollars is equivalent to 25 pips. Once you have decided that this would be your money management, the next is to look out for trade setup not risking more than 25 pips, and only if both conditions agree, then you enter the trade. So using this money management, you are actually risking only 0.5% of your trading capital on a single trade.

In all, a good forex trader should possess three important elements in order to trade profitably. That is you need to adopt a disciplined mindset, developed a proper money management and together with a good trading system, you should be able to trade with confidence and see your trading account grow.

1,3671. EURUSD currency pair is in an downtrend directed by 1H exponential moving averages. EURUSD is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend daily (Trend Indicator) is in a bearish configuration. The consolidation should continue. The price should continue to move in 1,3450 / 1,3800 range.

Resistances 1,3720 – 1,3800
Supports 1,3600 – 1,3440