The Best Forex Expert Advisor – The Turtle Robot – 3 Clear Advantages It Has Over Its Rivals

If you are looking for the best Forex Expert Advisor, you have a lot of choice and here we will look at the Turtle Trading Forex Robot which has 3 clear advantages over it’s rivals. Lets take a look at the robot and and the competition in more detail.

The rise of online trading has seen a rise in the selling of automated Forex software, the problem is you can never find an independent track record verified by reputable sources and if you look up the trader, despite claims he’s a legend, you find no background from reputable industry sources and this is why we like the Turtle Forex robot.

1. Rules Developed by a True Trading Great

If you look up the name Richard Dennis online, you will see he was a true trading great and the rules of the turtle trading robot, were part of one of the most famous experiments in trading history; Dennis set out to prove that anyone could win at trading, if they had the right set of rules and the result was hundreds of millions of dollars profit in real time trading.

2. A Real Time Track Record Which has Gone Down in Trading History

The rules were taught by Dennis to a group of traders who had never traded before, the rules were taught to them in just two weeks, then they were then given trading accounts and made 80%+ year on year profits in real time trading which has been verified by numerous reputable sources in the media.

You may say, I have seen robots that have made a thousand per cent or more and you have – but where’s the track record. If you find an audit let me know but get ready for a long search – you just get simulations going backwards or figures from the person selling the system!

The turtle trading rules track record is real and in terms of performance, will put you up there with the best traders and the rules the robot is based on will always work…

3. The Rules and Logic are Fully Revealed

Most robots give you an equation and says it works – but if you are going to follow a system with discipline, you must know how and why the system works – the logic must be revealed to you. Anyone can make a system work in back testing but you need to know the rules are based on sound logic, have made real money and will continue to make real money.

Get Real Verified Performance

That’s what you get with the Turtle Forex robot, not fantasy profits you have no chance of making. You also know the rules were created by one of the best traders and are fully revealed with the logic of how and why they work; for these 3 reasons, we consider the Turtle Trading Robot the best trading robot on sale today.

Forex Options Trading – How to Take Advantage of Forex Options

There are a lot of different ways and methods when trading in the Foreign Exchange or forex market. There is what is known as scalping, skimming and there is the use of forex Options.

The forex options are used in order to limit the risks the trader has to take while at the same time this increases the profit the trader can make in the Foreign Exchange market. Mainly, there are two ways to take advantage of this method; one of these is known as SPOT.

SPOT refers to Single Payment Optional Trading; this approach in taking advantage of the forex options is mainly dependent on the predictions of the trader. It could be either one of the two ways to predict movements in the market, technical analysis or historical analysis. Whichever the trader makes use of, it all boils down to his or her accuracy in reading and analyzing the market which would give the trader an idea where to put the money on.

The other approach to forex options is the traditional approach. The traditional approach gives the buyer a right, but not the obligation, to purchase a certain amount of currency within a given time period and at a pre-determined price, which would not change. This basically gives the buyer more flexibility and freedom when it comes to their trades. The trader can choose to make use of his or her trading option at opportune times or expire it; the best decision would depend upon the trader’s situation but the best part is, it’s your decision.

Timothy Stevens is a Forex Options Trader who owns – He has helped hundreds of people on Trading Forex with Options.

He’s recently developed a free e-course showing you a step by step process for starting your Forex Trading easier. To learn how to start Forex Trading with Options without wasting your time and losing more money, visit

Using Confluence To Trade The Forex Markets

Confluence is a term that is often used in geographical circles, but it is also used when discussing aspects of forex trading as well. In simple terms confluence refers to two things meeting or coming together, and this is commonly used to describe scenarios where two or more technical indicators come together.

So why is this important?

Well you will rarely see it being mentioned in any forex course, but it is important because you often get some very good trading set-ups when a few of these indicators come together. To digress for a second, some traders use this term to describe situations where two indicators give the same signals, for example when both the RSI and Stochastics are above the 80 level and therefore overbought. However I like to use the word confluence in the truest sense of the word to describe situations where two similar indicators come together on the charts.

One example of this would be where you get a situation where there is a key fibonacci level very close to the daily pivot point. One of these indicators alone can often act as a strong support or resistance level, so two together will give you an even stronger level of support or resistance.

Another good example, and one I look for quite a lot in my own trading, is when several moving average indicators come together on the charts. For instance when the 5, 20, 50 and 200 period exponential moving averages come together and are all very close to each other.

When this happens it signals a period of consolidation, but more importantly it signals that there could a big breakout coming in the near future. As soon as the price breaks out of this range and the short-term moving averages start heading higher or lower, you should consider opening a new position in the same direction because you often get some big price moves.

So to sum up, confluence in forex trading often refers to two or more technical indicators coming together. Successful forex trading is all about finding high probability set-ups, and one of the best signals you can get is when you get multiple moving averages coming together, because the end result is that you often get a big breakout when this period of consolidation is over. However there are lots of other ways you can use confluence to find decent set-ups. This is just one good example that I use myself.

The Etoro Forum The Efficient Approach To Forex Forums

The eToro forex forum, thanks to its wealth of forex information and discussion topics, can seem a little daunting at times. That is why it is important to know how to approach such a valuable educational and informational resource in order to make the best of it. Going through each thread individually in search of the question or issue you are interested in can be exhausting and futile. The eToro moderators do a superb job of sorting out the various threads into their categories, but the answer you’re looking for might very well be hidden in a thread whose title has nothing to do with it. How then can you get the information you want without having to read the entire forum?

The answer is simple: use the forum’s search function! When you enter the term you’re looking for the search engine will do the work for you by finding any post or thread in which the term is mentioned! It seems obvious enough, but most people are tempted to try to find the answer themselves before they realize that the forum is basically a searchable database, a fact that it would be in anyone’s best interest to take advantage of.

Not that there isn’t a lot to be said for just browsing the forum with no specific intent. Many times you will encounter things that you would never have thought to search for exciting new strategies, innovative approaches and future speculations.

And then of course, there the most sure fire way of getting an answer to whatever your question or query may be: simply start your own thread. Even if no fellow trader comes to your aid, which is highly unlikely, our forum moderators will be only too happy to give you the benefit of their forex knowledge and expertise. It may be a slower way of getting answers, but this way you are sure to get a direct answer and you will also be adding to the informational database for existing and future forum users.

In any case, the eToro forex forum is there for you to use and to enhance your forex knowledge. Learning to use it to your advantage can make a huge difference to your forex learning and forex trading experience. For those traders that just starting out in forex trading, it is doubly important to participate in eToro forex forum. If you have any trouble understanding a forex concept, or if you have any question relating to forex, posting your query in the forum will get you various answers within minutes.

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