PipJet is out right now and that's what it does! It was designed to trade the USD/CAD on the Asian session. There's a certain price channel that it takes advantage of.
The tick volume in that channel is 4,324…the spread is only 1.8 pips and the range is only 27 pips!
What that all means is that you have a particular zone of activity where you KNOW what's going to happen…and it happens like clockwork!
ALSO…. The US and Canadian economies are a symbiotic life form…news releases don't do a thing to it!
NO uncertain moves or occurrences!
I just gave you all the information that you need to take advantage of what the PipJet guys discovered.
I'm guessing you'd prefer something automated to do it for you though, right? Would you like something to do it for you without ANY risk whatsoever?
Go look at their account statements and then tell me what you think. The stop losses are so small, even the 0.5% of the time that a trade misses, its a grain of sand on a beach, not worth even mentioning!
If you're looking for confidence in this brand, then let me tell you this….
P.S. A FewTrading Tips!
The Best Forex Trading Tips Online
Hello, and welcome to your first steps within the fast-paced world of exchanging currencies. It is a large subject with tips, trading, and tabulations! Trading currency is extremely competitive and it may take some patience to figure out the trades that work for you. These tips can lead you in the right direction.
Set up at least two different accounts in your name to trade under. The test account allows for you to check your market decisions and the other one will be where you make legitimate trades.
It is not necessary to purchase automated software to practice with a Forex demo account. It's possible to open a practice account right on forex's main website.
Avoid paying for forex robots, and don't buy programs or e-books that make extravagant promises about wealth. Virtually all these products give you nothing more than Forex techniques that are unproven at best and dangerous at worst. They are great at making money for the people selling them, though! To do your very best in Forex trading, invest in intensive lessons with a successful Forex trader.
The internet is really your best source to learn the ins, and outs of Forex trading. You are better able to have success in your venture if you first gather knowledge. Some of the information you find may be quite detailed and confusing, especially if you're a beginner. If this is the case, try joining a Forex forum, so you can interact with experienced traders who can answer any questions you may have.
Keep in mind that trading in Forex is not based on chance or luck. Always do your research before making any trade.
Begin your Forex trading effort by opening a mini account. This will help limit losses while you are learning the ropes. While you won't get rich quick with a mini account, you also won't go broke.
Start using a small account, generally called a “mini-account.” This is the next step after practicing and uses real money in moderation. It lets you figure out what type of trading you prefer.
The most important factor to consider when making trades is risk management. Be aware of the level of loss you will accept. Decide carefully upon your limits and stops, and always stick to them. If you do not keep an eye on preventing loss, you can very quickly see your account get wiped clean. You must recognize losing positions in order to get ahead.
This is a process. You will lose money if you are not willing to persevere through difficult times.
Searching in Google can help determine trusted brokers as well as those who are not to be trusted. Forex forums are great for sniffing out shady brokers. This information will help you to choose the broker that can be a support system as you navigate through the markets.
Forex traders need to realize that there is a downside to using an account that is highly leveraged. These account allow more range, but inexperienced traders can lose profits with high leverage accounts. If you are considering using a lot of leverage, you need to be absolutely sure of what you are doing.
There are a lot of decisions that must be made when trading in the forex market. It's not surprising that this may cause some people to shy away from Forex entirely. If you have already been trading, or are ready to begin now, take the tips you have learned here and apply them for your own benefit. Make sure you always remain up-to-date with your education and current information. Make wise choices when spending money. Invest wisely!
Forex Trading Tips To Help You Trade