A Complete Skeptic Conducts A Forex Range Trader Review – Will He Turn Into A Believer?
Something connected with this website attracted my attention and I took a moment to go over it and see if the program had merit.
Did Forex Range Trader live up to what it claimed and turn this self proclaimed unbeliever into an advocate?
Read my Forex Range Trader review and see….
The initial item was an introduction to the program itself, Forex Range Trader:-
* Fully Automated ‘BLACK BOX’ Software
* Designed to Run Unattended
* No Trading Experience Required
* Averages 5 (24 with RT-P2) Trades a Day
* 94% plus Winners
* Low risk per Trade, high Gains per Month
* Fully automatic Money Management
* Compounds return as Account Balance Grows
Trouble is these types of program’s quite often don’t always deliver.
There is some background information about the guy who devised the application…once more a fairly probable explanation of his experiences with trading forex with some respectably sound charts and statements. There’s also a video which reveals to you exactly how the EA trades.
* Calculates Trade size from account balance automatically.
* Will compound Trade size as account balance grows.
* Places all pending Trade grids automatically (up to 200)
* Provides Boundary stop loss protection in the advent of prolonged client failure (No Longer needed, as every trade has attached protective stop)
* Automatically hedges Trades when Price movement exceeds set Trading range (No longer needed, as RangeTrader-P2 calculates new Range every day and Transitions Trades accordingly).
* Automatically replaces exited Trades when required.
* Now uses a series of Trade grids spread over a Daily Trading range to capture both trending and Re-tracement trades.
* Now designed to Trade the top currency pairs (although particularly good with the EUR/USD)
* Client side processing reduced. FellowTraders servers process the data needed to calculate each Days Trading Range.
The part which is honestly intriguing me especially I think is the fact that Forex Range Trader is touted as an ‘automated’ program.
As I scroll down the page, there are some testimonials….great of course and a few delightful pictures of the developers resplendant homes and motor vehicles he has bought from his forex profits.
I eventually purchased online, 100% secure, fully encrypted.
Well, surprisingly enough I have done an about face and become a believer (at least with Forex Range Trader). Check it out yourself now, Download Your Own Copy of Forex Range Trader and get it on your desktop in 60 seconds….No Sweat!
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