Forex Auto Pilot and Auto Pilot Forex Reviews

Forex Autopilot:
Is It Any Good?

Or
Just Another Internet Scam!

 

ForexAutoPilot
is automated trading software which was created by

veteran
Forex trader, Marcus Leary, and is one of the most popular

trading
softwares available on the world wide web today.

Like
most forex trading software, it is certainly not perfect.

 

 

 

However,
when asking the question "Is Forex
AutoPilot any good, the answer is a

resounding
"Yes...it
is more than good it is quite oustanding!!"

 

 

A
scam it definitely is NOT.

 

Let's
deal with the 2nd part of this question first: Forex
AutoPilot

isn't
a scam or waste of money for the simple reason that you can try

it
out free of risk . Here's why: Forex
AutoPilot comes with a 60 days

money
back guarantee (yoiu buy through Clickbank, and they don't accept

products
without this guarantee), so you have 2 months to experiment

and
play with the software.

The
second thing to remember is that it's very easy to open a Forex demo account
which allows trading with "make-believe" money.

 

However,
the refund ratio for this software is very
low and the reason is that Forex
AutoPilot is a good system which provides
great value for the traders who use it.

 

The
benefits of ForexAutoPilot
are two fold:

 

1.
It takes away the emotion from trading manually, and therefore improves
your profit potential.

2.Because
the software is "set-and-forget" it does the trading for you.

 

 

This
saves you the great deal of time and effort entailed in monitoring the market
and looking for manual trading opportunities.

 

Forex
Autopilot's effectiveness has been proven in numerous
tests and live
trading by over 15,000 members in the last six (6) months.

 

Backtesting
on past forex
currency history data shows that the FAP
Package generates over 96% of winning trades! You can backtest FAP
for many
years and verify that is has never zeroed the equity in a single account!

 

FAP
Turbo has also been shown to work perfectly on downtrends,
uptrends and

sideways
trending markets!

 

The
newly created FAPWINNER.com
now provides customised help and support the like of which has never been seen.

 

 

FAP
Turbo
users can receive detailed instructions and friendly, personalized support.

 

This
means you won't have any problems with the setup, even if you have never traded
before!

In
this fashion, Forex Autopilot
proves to be a valuable resource which you should definitely consider adding
to your Forex arsenal.

 

 

Charles
Floyd and Marcus Leary are co-owners of the popular Forex
Autopilot support community, www.FAPWINNER.com,
and have written many articles on automated forex trading for beginning or experienced
traders.

 

 

 

CLICK
Here For More Info...

FOREX Auto Pilot Reading Chart Forex AutoPilot

Chart Forex
Patterns : Chart Forex, How To Trade

Now that we have learned the basics of technical analysis and
multi time frame analysis the

next thing we will look at is chart
patterns in the forex, futures and stock markets.

Forex
Chart patterns are what technical traders look for on historical
price charts to help them determine what the current supply and demand forces
are, and how prices may be affected as a result.

 

In our previous lessons on trends and support and resistance,
we have already identified several of the most basic
chart patterns which traders use to place trades.

As you remember from these lessons, some of the more common
patterns are up trends (bullish pattern), which when we view on a chart
forex we identify with a potential buying opportunity, and down
trends (bearish pattern), which we identify as potential selling opportunities.

 

Although support and resistance are not classified as chart
patterns there are many
chart patterns which are associated with identifying support
and resistance, and we will start by examining the most basic of these patterns.

Double Tops:

A double top is a reversal chart pattern which is defined by
a chart where a financial instrument makes a run up to a particular level, then
drops back from that level, then makes a second run at that level, and then
finally drops back off again.

In its most basic sense what the double top pattern is saying
about supply and demand forces is that demand is out pacing supply (buyers are
winning) up to the first top causing prices to rise, and then the equation flips
and demand is no longer out pacing supply (sellers are winning) causing prices
to fall.

After then falling back the buyers make another run at the same
price and then after failing to break that level for a second time, sellers
take control and keep the upper hand causing prices to sell of even more dramatically
after the second top than they did after the first.

For double bottoms the reverse is true.

A double bottom is also a reversal pattern in the futures, forex,
or stock

markets which is the exact opposite of a double top.

 

To form a double bottom a financial instrument makes a run down to a particular level, then trades up from that level then makes a second run down to at or near the same level as the first bottom, and then finally trades back up again.

 

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