What is Forex (Foreign Exchange Market)?

Forex is abbreviated from Foreign Exchange Market (currency market). This market is one of the biggest markets around the world. Forex is a global trading market, which participants are large international banks, institutional investors, funds and speculators. The daily turnover in the foreign exchange market exceeds the amount of 4 trillion US dollars and it is continuously growing.

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Forex Diamond EA v5.0 released. News Filter added!

At the request of our users, we have added a News Filter to Forex Diamond EA. Many of our users prefer to avoid trading during high-impact news events. The new version 5.0 of Forex Diamond EA includes also: Visual Risk Level indication, New image logo and colors.

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How to be a successful forex trader using Forex Expert Advisors - PART 3

One of the biggest enemies of the trader is the human nature. The so called “greed-panic” cycle is a psychological phenomenon which lies at the heart of most failures from the time markets and trading started to exist. It is interesting that this phenomenon is one of the reasons why many people fail to gain profit even when trading with a reliable trading system that is profitable in the long run.

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Important Update about USD/JPY

Due to inconsistent price action (choppy market) on the USDJPY currency pair, we have decided to cancel operation on this currency pair on our real money accounts. This is a temporary solution until we either develop new settings, or the USDJPY normalizes its price action.

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WallStreet Recovery PRO v1.0 released!

WallStreet Recovery PRO is a modified version of WallStreet Forex Robot.  The main difference between the two robots is in the way that the opened trades are being managed. WallStreet Forex Robot has a fantasitc option that closes trades in profit.

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Disclaimer U.S. Government Required Disclaimer – Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Clearly understand this: Information contained within this course is not an invitation to trade any specific investments. Trading requires risking money in pursuit of future gain. That is your decision. Do not risk any money you cannot afford to lose. This document does not take into account your own individual financial and personal circumstances. It is intended for educational purposes only and NOT as individual investment advice. Do not act on this without advice from your investment professional, who will verify what is suitable for your particular needs & circumstances. Failure to seek detailed professional personally tailored advice prior to acting could lead to you acting contrary to your own best interests & could lead to losses of capital.

*CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

By using FXAutomater's products, you acknowledge that you are familiar with these risks and that you are solely responsible for the outcomes of your decisions. We accept no liability whatsoever for any direct or consequential loss arising from the use of this product. It's to be noted carefully in this respect, that past results are not necessarily indicative of future performance.