Forex trading maybe not for the faint of heart and you certainly don’t want to invest money you can’t afford to loose. However it can be a lot less risky when you are equiped with the right tools such as a high end expert advisor.

Gomega AutoTrader FX is a very advanced EA and the forerunner to Gomega Xray. Like Gomega Xray, Autotrader FX compares all cross currency pairs as an element of it’s signal criteria before opening a trade. Autotrader FX was so advanced and had so many features it was perhaps more fitted to professional traders and fund executives than part time traders who were looking to build a retirement fund. It is able to trade any currency pair and once setup it could be left to run totally on auto-pilot.

Quantum Research have just stated they are about to release a major update to their flagship Expert Advisor of eight months ago, Gomega AutoTrader FX.
Watch Watch Quantum Gomega GBP/JPY Annoucement here

In the eight months since the release of Autotrader FX, Quantum’s clients have been having consistantly good results and in particular while trading the GBP, Japanese Yen. This has inspired Quantum Research to produce a new version of AutoTrader FX that has been optimized for and dedicated to trading this pair of currencies. The latest member of the Gomega family has been named Gomega Pound Yen.

Gomega Pound Yen will without doubt inherit plenty of the streamlined features of Gomega Xray. And like all Quantum Research’s EAs the spotlight will be on producing consistant long term gains.

You can read more about Gomega GBP/JPY Autotrader at the official site See the the Gomega Pound Yen Annoucement including a video interview in Switzerland with one of the Gomega Clients. Andy has doubled his investment in the last six months just by trading the Pound Yen currency pair with Gomega Autotrader FX. You can also view Andy’s Live Trading Statement there as well.

100% in 7 Months & 150% in 5 Months
In the last 7 months, Andy just about DOUBLED his initial account size of $10,000 to $19,909.24 totally on autopilot in his live trading account, risking only 1%-1.5%.

Another Gomega GBPJPY live trading client, started with a $5,000 account on Oct 5th, 2008 and as of Apr 10th, 2009 his account had grown to $12,811 or roughly 150% profit in just over five months.

One customer forward tested account beginning the demo with $5,000 on October 4, 2008 and ran the test till Apr 3rd, 2009. His account made nearly 200% profit in 6 months with the account balance at $14,608. This was using the recommended settings and with 1% risk per trade, left to run on auto-pilot.

You can view these results and find out more about the release of Gomega GBP/JPY AutoTrader here. Gomega GBP/JPY AutoTrader

See the Quantum Gomega GBP/JPY Annoucement

Technorati Tags: autotrader live results, gbp jpy, gomega autotrader, gomega pound yen, quantum research

The issue is not about getting The Forex Software, but more about getting a a good Forex Software. There are many, many types of Forex software online, and they do pretty much the same job. As long as you can tick out these few things; a good investment platform to the markets of your choice; great communication to your brokerage; ease of use for aspects like order fills and currency purchases; data and number crunching for all information that transpires in the market and live price feeds.These are just some of the qualities that a good Forex software should have, but I will emphasize on 1 particular quality that will differentiate a good Forex software from an excellent one. It should contain a ‘dummy account and demo trading’ option, where it uses algorithms and software to simulate investing on the Forex market.Some of these softwares are pretty useful, allowing you to choose the region you wish to trade, the types of transactions just to name a few.

With this, it allows you to predict some of the outcomes in the Forex market and figure out for yourself whether this should be your life time career. Many novices who do dive into the market with the hope of glamorous returns do so without fully understanding the intricacies of the market and a dummy account is a great way for you to try it out without the risks attached to it.

Do note that dummy accounts do not reflect the exact outcomes of investing in a a real FX market – more challenges are to come in the real FX world. As you what Forex software you should get, just remember the few characteristics that I did outline in the first paragraph. Keep a look out for companies who promises you the world when you sign up for their Forex software, because no Forex software can guarantee you gains.

The work has to be done on your side and anything that sounds too good and way too easy, usually is. Do not be easily fooled and nothing should sound too good to be trusted. Also, make sure you find out exactly what are the characteristics of the software they are trying to sell you and weigh it against the price. Some investors are running more than one programme, unwilling to trust a single solution to provide for all their investment needs.

You can go down this route as well as get 2 or even more bespoke Forex investment software to really beef up your decisions. In the end of the day, the question is down to research. Find out as much as you can about the product that you are buying and the Internet is the best place for you to do so. Once you are armed with information, you will be able to find the best Forex software for you to trade Forex online.

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In these bearish times, a lot of investors have decided to abscond with their money to the paper trade. This is because traditional markets have been badly hit by the credit crunch and the following economic crisis. Stocks and bonds, futures and equities have been hard hit and looking at the current state of Wall Street, it looks like quite a while before things get to normal again. The Forex market is an attractive avenue for these investors because of its liquid state and the different forms of trading available. Its over the counter nature, its pairing with the internet and the fact that investors have the option to short term invest in day trading makes it an attractive option for part timers especially. One of the reasons why it beats online commodities any day is due to its forgiving nature.

- Forex comes with large risks and many factors that will affect the psychology of the market, but it is also the reason why the Forex market is so ‘liquid’, allowing investors to pull out whenever they feel like changing their investment decisions. It also allows for fast interface with a market that needs quick decisions. Change your strategies, change currency pair, choose the market, all within moments, and it is because of this dynamic and chameleonic nature, it allows for every level of investor to quickly get into the meat of investment and produce results pretty soon.

- There are also ‘flight to quality’, a trend in the market that allows for investors to seek a safe haven for currencies that have been proven to be extremely stable in the most critical of times. For example, the Swiss franc has been seen as one of the popular and traditional safe havens when the market is pretty bad, affected by economic or political situations. There are other currencies that are associated with other problems, and this means that there is always an oasis for the investor to run to when things get bad. Prices will be high, but this means that you have a greater chance of running into the black, even marginally, in times of trouble.

- Market psychology is also on your side. The Forex market is determined by long term trends, usually influenced by business cycles, political movements (the election of President elect Obama is a good long term impact on FX markets and the strength of the US dollar) as well as economic trends. It give investors the opportunity to follow up the important trends, making the entire FX investing process a surprisingly painless one. You can almost be certain of stronger currency trends if you know the market and external influences well, meaning you can predict trends and make some money out of it.

These are just some of the reasons why Forex trading is far much preferred as compared to traditional oline markets. If you are considering a move towards this market, then you have made a good decision. The paper trade has the potential to make a good profit, long or short term, and can be your answer to financial independence.

Technorati Tags: forex trade, FX market, online commodities trading

The forex market has various factors that make it unique. Forex trading has been described as the closest to pure competition exists on financial market, though the world wide banks attempt to control and influence it. But what makes it so special, and why one should think that you have more chances of building wealth on the foreign exchange market than other methods of investment trading such as stock trading? Why do automated forex trading systems like Forex Megadroid reported to have built lot of money to many people? We are going to find out.

Volume of Trade
The amount of money traded on the foreign exchange market each day is enormous. The usual daily turnover across the globe is almost US$ Four trillion, according to a study conducted by the Bank For International Settlements in December 2007. The largest Fx trading center is in UK London, followed by New York and Tokyo, Japan. However, the US dollar is the largest traded currency in the global currency trading market.

Liquidity
The liquidity of a product is its ability to covert to cash without diminishing its value. Cash is already money, so it is more liquid than any other product. That means Fxit is very easy to do the trading.

A Global Market
Currency is not limited to one place but around the world. This means that, while of course it is influenced by national events in the biggest financial powers, the effects are balanced out. Dollar does not have absolute value: a currency’s value can only be calculated comparing with a different currency. Hence if one currency rate falls, another will rise.

Compare this with the stock exchange where it is possible for the value of every company’s stock to drop at the same time. All you can do in a major stock market crash is to withdraw your investment. But in forex, you can switch from the falling currency to the rising currency and still make money.

A 24 Hour Market
Forex can be traded in any part of the world 24 hours a day, five days a week. The currency exchange market opens at 22.00 hours UTC Sunday in Sydney, Australia, where it is Monday morning, and closes at USA in New York, where it is Friday afternoon. So any time of day or night you want to trade, you will have the opportunity, unless your only free time is on weekends.

Leverage
What is leverage?Leverage is where a small amount of commodity can be used to control a larger amount. In forex trading, leverage is related to the method of trading on margin. You invest a small amount in your currency trading account and your broker lends you the remaining, so that you don’t have to ivest the full value of your position. Example, you could invest US$300 to control $3000.

Also you also have the ability to trade in a number of forex currency pairs in the market. Forex trading provides more leverage than stock or futures trading. You may be able to manage up to 200 times your account balance, depending on the Fx broker. The more the leverage, higher is your chance of bigger profits, but of course, there is also the risk of bigger losses. Intially you will not necessarily want to opt for the maximum leverage on the FX trading market.

Technorati Tags: currency trading, finance, Forex, forex trading, invest, make money, trading

Why You Can’t Retire In 4 Years!

So what’s wrong with retirement? If you’ve got enough money to enjoy a pleasant quality of life or at least maintain the quality of life you are accustomed to. Then retirement is great! Of course for most of us, the thought of retirement is in the distant future. Something to squirrel away a little nest egg for, so we can enjoy the golden years of life.

Wrong! In the current economic environment, retirement is probably closer than you think, and by that I mean forced early retirement. As for that nest egg you have been working so hard to accumulate. Let’s not get into the looting of the 401Ks, housing market crash, credit crunch, stock market collapse, investment fund scandals, multi billion dollar bank bailouts with your future tax dollars to reward ivory league white collar (I’ll let you fill in the blank).  To sum it up, a complete economic meltdown. And lets not even go into who authorized corporate subsidies to export your job to China.

These are just some of the multitude of reasons why you may never be able to retire and enjoy your life, follow your passions and fulfill your dreams. These are all reasons why you end up working to the end of your days to make money for someone else and never be able to really get ahead.

This doesn’t have to be your reality. Your life can and should be better but its up to you to make the choice. So lets talk about how you could retire and enjoy all life has to offer. And that this could be achieved within just 4 short years.

In all the doom and gloom from the corporate media, there is one thing you should know. Money is never destroyed, it simply changes hands. You can exchange your time for money or you can exchange money and free your time. The biggest money market in the world is the foreign currency exchange market (FOREX). Trillions of dollars{ in[ foreign] currencies} across the world are traded every business day{ of the week}.

If only there was a way to tap into this with an automated system, that could profit from the variations in the currency prices, every day of the week. Well there are many such trading systems that do just that. The best of them can make money consistently month after month. Gomega Xray is an excellent example of a high end automated trading system.

Although it may not be possible to buy Gomega Xray at this time, there is a new and very exciting offering from the creators of Gomega. In less than a week from now, they will be making available a new update to their very popular Gomega Autotrader FX. This newest release of Autotrader has been named Gomega.

GoMEGAGBPJPY specializes in trading the Pound Yen, currency pair. This pair of currencies has been very profitable for many Gomega clients, some of whom have made their live trading results available to Quantum Research to publish on their website. Jonathan and David present a Four Year Retirement Plan based on the compounding profits possible by simply using Gomega GBPJPY to trade on autopilot from a starting balance of just $5000. At the current rate of equity growth, within 4 years, the balance would be over ONE MILLION DOLLARS. Hence the title, the 4 Year Retirement Plan. You can also visit here GoMEGA GBP JPY Review for more information.

Technorati Tags: 4 year retirement plan, autotrader live results, forex trading, gomega, gomega gbpjpy, gomega review, trading pound yen