Pair Cst
MegaDroid Forex Tips and Tricks
After setting the MegaDroid Forex expert advisor on my live trading account for more than a year, I wanted to share some observations on the inside of how this robot and, above all, when to deactivate the robot to avoid losses when market conditions are unfavorable.
The robot MegaDroid the only services that the EUR / USD pair and installed in the 1 hour chart. Trades are placed only between the hours of 3:00 to 6:00 pm CST. This is obviously after the session has ended and the U.S. before the Asian session starts. Rarely does one start MegaDroid operation before 4:00 pm and usually closes the trade after 10 to 15 pips of profit are achieved or the stop-loss default beat is 100 pips. Rarely trade beyond 6:00 pm CST so you know exactly when to observe the progress of trade and intervene if necessary.
Most MegaDroid trades are completed in less than 15 minutes and you can enjoy the rest of you at night knowing they have made their profits on complete autopilot. To clarify one point, noncommercial MegaDroid Forex every day and can go all week without placing an order. Expert advice seems volitility pinpoint light in the "calm" part of the trading day and is very accurate in finding turning points of the PIP accurate.
Words of warning from my own experience personal. On the afternoon of February 18 at 3:30 pm CST the FOMC surprise announcement that triggered the MegaDroid in the wrong direction and a great loss (100 pips), found. Just be informed and check the calendar Forex FactoryFactory.com at the beginning of the trading week that would have avoided the costly mistake.
Just look for high impact events news that may directly affect the EUR / USD cross and MegaDroid off on market days or wait for the event to happen and let the markets calm down before re-activate the robot. It was a lesson well learned for me. New Zealand and Australia, high-impact events do not seem to cause volitility news excessive in the EUR / USD and may be overlooked when trading the Forex MegaDroid robot.
Given the precision trading robot I put my lot size and 5% of my trading capital and generally control the trade if I get a "feeling" that the conditions are optimal. If you look at the EUR / USD in under 4-6pm CST time you get an idea of when the cause MegaDroid and how trade is handled for you.
If you read my recent post "never trust a robot "you know I'm a hands-on trader and always try to control my robot operations. This has sometimes caused me to intervene and take a profit too fast or accept a small loss just to see the MegaDroid would have made a good trade for profit for all if left alone. I'm starting to re-evaluate my process on that.
There is a safe way to get started with Forex MegaDroid just open a demo account ForexMeta or broker of their choosing and buying the Expert Advisory MegaDroid. There are detailed instructions on how to install the MetaTrader platform and how to connect and activate the graphics MegaDroid providers Web.
If you are not impressed with the results that have a full 60 days to return the product for a full refund. Be patient and trade show until you feel comfortable with MegaDroid and only then consider using this in a live trading account. Please comment if you need specific instructions on setting to increase their profits and minimize their risk.
Trade Show provided its expert advisory before risking any capital foreign exchange markets.
About the Author
to your trading success,
Brian K Lindholm
For more information on the Forex Megadroid please visit: http://bit.ly/cgUc1C
For other Forex related content please visit my blog at: http://forexliveblog.com
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