I have been trading with Tsubot and the Tsunami software for about one year (since January, 2009). I trade the emini S&P futures almost exclusively and have been extremely happy with the results and consistency of winning trades from Day One.
After installing the software, I back-tested several time frames. For my trading style, I chose the 6250 share chart and use a 5 minute time frame on a separate monitor as an ‘anchor’ chart. Trading the 6250 in the same direction as the 5 minute chart works extremely well, especially on more volatile days. My daily target of 3 S& P points is met nearly every day that I trade, usually within the first 2-3 trades.
I have purchased 2 other programs in the past and have tested several others, but none have come close to the consistent success of Tsubot. The entries are excellent; managing the trade becomes much less subjective with clearly indicated profit targets and protective stops.
The biggest challenge for me after installing the software was developing the confidence that a ’mechanical’ program so simple and straightforward could be consistently successful. That changed after a couple weeks of paper trading, then live trading concluding that the system was SOLID. I had to clear my head in thinking that multiple indicators, charts and countless moving average lines were necessary
Even though I have been using the system for some time, I often have John G.’s training room turned on in the background. John does an excellent job and the repetition helps keep me focused and disciplined.
I am committed to using the software and would highly recommend it.
Only until Jan. 15, you can get 25% off TsuBot. Be quick, because I don’t know if they’ll ever offer this again!
The discount code is just below the TsuBot Webinar Replay.
They had such a huge response from their recent webinar offer, they decided to extend it until Jan. 15, 2010, for at least the next 20 sold (they promised), they are going to cut the initial purchase price by up to 25%($1500) AND slash $500 off every year’s renewal fee as well!
In order to get the discount, click here
Then use the coupon code: superconference
It makes good sense to have the right forex trading tools in order to do a good job.This is a fact that has been known for generations. Even when it comes to high technology it is entirely true. If you are involved in the trading of foreign exchange then consider using forex trading tools. These will help you achieve a great deal in a very short time. Forex tools are used by beginners as well as professionals.
Tools for trading forex are the way for you to get the best results. All you have to do is download the software of the tools you want and get started. The market will be monitored and you will constantly be able to see the fluctuations of the market. It is important to have a means of keeping in touch with market trends because the market trades currencies endlessly. Without the help of software it is highly unlikely you would be able to keep up. This means you will probably miss out on opportunities to make good money.
Forex trading tools are designed to be simple to understand. If you have specific needs in mind then choose software with those in mind. However, many traders make use of a number of tools to give them the best chance of success.
It would be great to be handed forex trading techniqueson a plate. There are many strategies available and some work while others do very well. However, it’s not just a matter of getting a technique that works. It is vital to use a technique at the right time. It does seem like a very hard achievement but there is software available to help you. In fact, software tools should be a part of your techniques, methods and strategies.
The forex market is a very exciting environment. It can move very fast and this means you have to make decisions that will either lose or make money. It would be honest to say that you will not make money immediately. It is going to take some time for you to understand the market, understand the benefits of software tools and get to know techniques that are being used.
Forex trading techniques are most certainly the only way to make money. Nobody can go in blindly and continue to make a profit over time. Those who go in without any plan or technique have a slim chance of immediate success. You must have your techniques to back up your decisions over time.
You may be a person who is already involved in forex trading. If so, you must already be involved in a forex trading program. The great thing about forex is that you can make use of a program no matter where in the world you are situated. Successful traders know it is essential to have a program that is as wide as possible. This means the program must include all the means available to make life easier and give you the best advantages to succeed.
A forex trading program can make use of the expertise of a broker. Make sure you choose a broker with a reputable reputation. A temporary account can help you to master the system of the market. It also gives you the opportunity to try out techniques and methods. It is never too late to make use of a temporary account. Tutorials and ebooks can teach you a great deal especially if the advice is coming directly form an expert. Every experienced trader knows only too well how important it is to have the right software. These programs are tools that automatically gather data and provide stats in the form of charts and graphs. These tools track and inform you of what is happening in the marketplace.
Recently I have received many emails requesting for a Forex Trading Course. So I’ve decided to dedicate this section of my blog called Forex Dummies, which will cover all the basic forex trading concepts and techniques to help those beginners in forex trading. In this post, I will talk about the basics of Bollinger Bands – one of the most popular technical analysis indicators used by forex traders. Here I’ll discuss the components of Bollinger Bands and how to interpret it to improve your online forex trading.
Bollinger Bands was developed by John Bollinger in the 1980s. It is an indicator of the currency pair’s volatility and price trend. As narrow bands suggest low volatility and wide bands suggest high volatility. The upper and lower bands also act as a strong area of resistance and support. It is also a reference of price highness and lowness compare to previous prices. When price touches the upper band, it is generally interpreted as a signal of overbought and when price touches the lower band, its interpreted as a signal of oversold.
For more information about Forex trading and in particular, how to Profit using Bollinger Bands, check out ForexTradingScoop.com for free trading tips and strategies to stay ahead in the FX market!
The importance of practicing trading with a Forex trade simulator cannot be stressed enough. Here is a recount of an interview of a trader’s success, and where you may have access to a free trade simulator.
I had the pleasure to interview a well known professional trader and trading coach when I was in the midst of authoring an ebook on trading. Currently, one of the world’s acknowledged time-price trading specialist, this trader has authored two books on dynamic time and price analysis in futures and commodities. read full article…
Trading with forex mini accounts is much sought after from the pros, just as well as beginner Forex traders. Many folks who are just starting their Forex careers prefer to begin with smaller accounts. Your profits are lower, and so are your risks.
Forex Mini Accounts are accounts designed to trade on a smaller level. Account minimums can be as low as $10 to get started. These accounts were created to capture the majority of the population that is interested in trading, but do not have the funds or the experience to open a traditional account. read full article…
A forex trading simulator can teach you a lot about Forex. If you’re already trading, you can better your skills by practicing. If you spend sufficient time and have enough determination, trading the Forex is not difficult. Read full article
One of the best ways tolearn foreign exchange trading, is to trade. But you wouldn’t want to trade with your real money. You want to learn forex with virtual trading to begin with.
Why do you want to learn foreign exchange trading? How serious are you to become a successful Forex trader? How much time and dedication are you willing to give to get there? Do you just want to experience what it’s like to trade the Forex? Or are you… read full article
