Nova Code Trader Review | This Trading Software will Replace MetaTrader

Author: Rob Trader

Nova Code Trader is a forex product that includes a price based charting software that is installed in compatibility with MetaTrader 4. Also included is expert training on a new way of trading without relying on timebased charts but rather price based ones.
Metatrader a generic forex trading software allows for 3rd party scalability – this means any user even you can make an enhancement on the software based on some trick they discovered using the system.
I think you'll agree that trade profitably in the long-term in FOREX is a basic, two step process:
1: Know to sit on the sidelines when the market is not favorable(a lot of noise, choppy periods, whipsaws) and determine WHEN the market has the highest probability of going in a certain direction, and…
2: Place a trade using common sense risk management guidelines, and exit according to those guidelines.
Everyone knows that Step 1 is the hardest part, so here is a tool that accomplishes Step 1 for you, and it won't cost you anything, it's being given away at no charge for a few more hours:
==> Visit Nova Code Trader Official Website
It's an all-new charting software, called NOVA Price-Based Charting.
And it ELIMINATES up to 75-85% of the chop and noise of any market.
And even new traders benefit greatly with this software. Because by getting rid of the noise, it filters out most false trading signals.
I downloaded it too, and sure enough, it works as described, so I wanted to make sure you were aware of this great giveaway.
This one will definitely make you a better trader if you've got a few minutes to install it and run it. This seems ideal for ambitious novice traders and expert traders alike because it provides you with a viable ALTERNATIVE to traditional time charts.
And it works WAY, way better.
This new charting software is a part of Nova Code Trader System Software.
Nova Code Trader consists of 5 Proven Trading Systems and an Accurate Signal Software.

Nova Code Trader System 1

Under this system you'll find a software that you install on your MetaTrader and also training information (provided in Three Modules in multimedia: an Ilustrative PDF and step by step video tutorials.
This System uses 5 different indicators
1. Trend Analysis 1
2. Trend Analysis 2
3. Entry 1
4. Entry 2
5. Profit Info

Nova Code Trader System 2

Similar to System 1 – Under this system you'll find a software that you install on your MetaTrader and also training information (provided in Three Modules in multimedia: an Ilustrative PDF and step by step video tutorials.
This system uses 4 different indicators
1. Price Move
2. Market Strength
3. Market direction
4. ATR (21)
==> Visit Nova Code Trader Official Website

Nova Code Trader System 3

Under this sytem, there is a MetaTrader Software to Install and 3 trainig videos in Multimedia (illustrative PDF and Training Videos)
This system uses 3 different Indicators
1. SG1 indicator
2. SG2 indicator
3. CM indicator

Nova Code Trader System 4

System 4 uses 3 different indicators
1. Filter Indicator
2. TR2 Indicator
3. TG Indicator

Nova Code Trader System 5

Again this comes with a Software compatible with MetaTrader and has 3 modules in multimedia (illustrative PDF and 3 step by step tutorials.
System 5 uses 2 indicators
1. SFCS5 Indicator
2. SFCC5 indicator

Nova Code Trader Accurate Signal Software

A 100% automatic signals
NOVA Price-Based Charting software i s software that transform the normal time charts (like 15-min, 1-hour, daily) into a totally brand-new, NEVER seen before type of chart.
It then helps you COMPLETELY get rid of the noise and chop periods of any market or instrument you trade. It automatically builds FOR YOU the optimum charts to analyze and trade, which in my opinion the MOST IMPORTANT  aspect of any serious trading plan.
My colleague, Barron Sanctis, has graciously allowed me to have complimentary access, but only for a short time… I downloaded it too, and sure enough, it works as described.
This one will definitely make you a better trader if you've got a few minutes to install it and run it. Let it transform your normal boring charts. And enjoy the new generation of charting.
Download here:
==> Visit Nova Code Trader Official Website
Article Source: http://www.articlesbase.com/currency-trading-articles/nova-code-trader-review-this-trading-software-will-replace-metatrader-4399787.html
About the Author

Rob Trader - Forex Expert
http://forextraderpro.biz/

How To Get The Most Efficient Trading Currency Software

Author: Helen C. Wilson

To be honest, the Forex Megadroid Review left me really skeptical at first. Everything on it seemed so surreal that I had to do my own explore. And there are even competitor traders that are talking about the Droid.

Impressed? Well I am not, the first time I learnt about this. I had to do my own investigation because there's a large possibility about Forex Megadroid scam.

I had few questions in my sense: Who created this trading currency software? What really is this trading mode and what kind of analysis does it utilize?

The developers of the Forex Megadroid method, Albert Perrie and John Grace testify themselves as professional traders with almost 40 years of combined experience and also as the inventors of RCTPA, the latest Forex trading analysis methodology which relies heavily on AI - Artificial Intelligence.

Grace and Perrie first developed the analysis that they used to drive the Forex Megadroid robot. And this analysis is the converse Correlated Time and Price Analysis or RCTPA. The said analysis helps traders profit higher in machine-driven trading as compared to manual trading.

Upon analyzing the results of former trading I began to realize that the Forex Megadroid method manages to always (well, almost always - no way is perfect!) trade in the direction of the short-term trend! This made me curious. How was that workable?

Forex Megadroid is able to pull off high accuracy in predicting trends all because to the capacity of utilizing the all new Artificial Intelligence of the RCPTA.

The robot will think logically why such a trade in no way succeeded and afterwards apply the data extracted for usage in future trades. Its trading can adapt to the current behavior of the marketplace. The only problem is, it cannot and should not gather information during global economic events such as during essential economic announcements.

What the Forex Megadroid actually does is that it sees the future of the market with an accuracy of 96% at maximum. The only downside is that it cannot be used during some economical announcements such as Non-Farm Payroll report, Consumer Price Index, Consumer Confidence index and other leading news announcements. The robot cannot take report for these world economic happenings.

It's good to note that for interested traders, purchasing and using this method is stop easy. The technic in reality helps you familiarize with it by helping you start your trade by giving you demo accounts.

So, back to the original question mark, "Is Forex Megadroid scam?

Enough proofs had been already presented to the table. Now the debate should place to a rest. You can get the product, as described, straightaway upon payment. You can every time get the product after the moment that you have purchased it. Remember to always start to trade using a demo account in order for you to get yourself familiar with the way.

If everything in here is not good plenty to facilitate you dispose all those infected con accusations then you can every time do your own thing.

But please bear in reason that even if you utilise this very promising scheme, not much will happen if you lack the initiative to succeed in your every endeavor.
Article Source: http://www.articlesbase.com/currency-trading-articles/how-to-get-the-most-efficient-trading-currency-software-4397490.html
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Do you want to know more about the specifics of Forex robots and strategies? Visit  Forex Robot Review and learn how you can also benefit and start making money on autopilot with the click of a mouse.
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Importance of Forex Trading signals For a Trader

Author: Muhammad Suhail

When you begin doing something in your life, you need to have some form of guidance that could show you the path throughout and lead you to your goal. Almost same is the situation with forex trading, when you indulge in it, you need to have some sort of guiding principles that could assist you in turning this venture a profitable one. These guiding patterns are basically known as the forex trading signals that aid the trader throughout their trading process. The forex signals are actually meant to keep the trader aware continuously while he is busy doing the trade.
Now you can design your own forex trading signals depending upon the strictures you want to set for yourself. These signals will then continuously alert you about your performance in regard to the strictures and limitations you have set for yourself. The absence of these signals can lead to confusion for the trader. See, when you won't have something to let you know about how you are operating and whether you are operating according to your set rules or not, you can easily go astray without really knowing what it all is leading to. In simple terms, you can create mayhem for yourself if there are no forex signals to alert you.
Forex trading market is among some of the busiest markets of the investment world where you will find every trader active in making transactions, some purchasing while others selling the currencies. Plus, forex market is also known for being highly fluctuating so in such a market where you don't know what will happen the next second, the forex signals can really be of immense help.
One of the best advantages of the forex trading signal is that it won't let you to sit endlessly evaluating the ever fluctuating market trends. This can be really inconvenient since you can't really do much aside from watching the trends constantly. Moreover, this cannot really be just inconvenient but it can be downright agitating as well but you can save yourself from all this by making use of the forex trading signal.
You can easily preset the purchasing or selling of currencies automatically by just setting a certain value that you would like to sell or purchase a particular currency at via the forex trading signal. So, the moment the value of the currencies you set and that of the market value corresponds, the signal will alert you instantly. Now this can really ease things for the trader as you don't need to watch over the market trends constantly anymore.

Article Source: http://www.articlesbase.com/currency-trading-articles/importance-of-forex-trading-signals-for-a-trader-4396459.html
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As a trader, no doubt you want to know more about Forex trading signals. learn forex trading on our blog.

Forex Mistakes That Lead To Failure

Author: Muhammad Suhail

Prior to starting your forex career, you need to prevent yourself from making mistakes that can cost you your trading career. This article will help you identify those mistakes.

Avoid A Trading System

Working with a trading system usually increases your chances of success. It provides you an objective way to invest. When building a trading system, traders reason impartially as there is no place to be obtained at that time. Thus, when there is no position, it reduces the risk of losing money. Therefore, when the possibility of losing money does not exist, you may invest in any possibility as all are low risk opportunities. Therefore, make sure you invest randomly and do not use any trading systems that assist you in trading.

Be Wild

If you follow a trading system, it will assure you success and will provide you with good trading opportunities. If you do not want to succeed, be wild and undisciplined while trading.

Stay Unaware

Successful traders are usually knowledgeable and educated in their respective trading market such as stocks, forex, futures etc. If you get the required knowledge, you may become an expert trader and make huge profits. Make sure you avoid forex training programs and any news relating to forex trading to ensure your failure.

Avoid Money Management Techniques

Money management prevents the risk of damage and also allows you to increase profits simultaneously. By avoiding money management techniques you can assure that all your money is lost in 10 trades continuously. Using simple money management may prevent such a situation. So, if you want to fail at your trading career, avoid money management.

Don't Worry About Psychological Problems

Successful traders are aware that it is not necessary to win every trade to make profit. So, if you want to fail in trading, make sure you believe that you need to win every trade.

Avoid A Risk-Reward Ratio (RR) Greater Than 1-1

Using a RR ratio of 1-2(profit twice the money risked), means that a system that is right about 50% is required to earn. Similarly, using a RR ratio of 1-3 (profit thrice the money risked) means that a system that is right about 40% is required to earn. So ensure that you use a RR ratio that is below 1-1.
By using all the highlighted points in this article, you can ensure that your forex trading career does not succeed. However, if you plan the opposite, you can ensure that you achieve consistent profitable results through your forex trading.



Article Source: http://www.articlesbase.com/currency-trading-articles/forex-mistakes-that-lead-to-failure-4396446.html
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Every investor look to avoid forex mistakes and know the real way of earning through forex. For gem of information, check out Learn Forex Market
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Pin Bars- Forex Price Action Setup

Author: Highland Trader

Pin bars are my favourite way to trade the forex markets, they are a reliable price action signal which occur every now and then. A pin bar is a candlestick with a tail. This tail shows a rejection of a certain direction in the market. If we can see that price has rejected a certain level or area with a tail, we can assume that there is a good chance that price will go in the opposite direction to this tail.
Pins alone don't mean much. We must read the price action that is on our charts and from this decide whether or not we will take the trade, we must use our discretion.
Support and resistance are the obvious things that we should be looking at. And with the use of pin bars we can often see what the traders think of these levels in the market. A rejection of a solid support or resistance level by a pin bar is usually an instant trade for me. But again we must look at the overall picture and read what's going on in the market.
The best pin bars close in the direction we are looking to trade. So a bearish pin will have a tail which rejects higher prices and the best ones will have a close lower than the open, this shows us that the bulls came in and drove price up, then it reversed during the session and ended up closing below the open. This is more bearish than if it closed above the open. The opposite of all this is true for bullish pins
My absolute favourite way to trade is to wait for price to break a key support or resistance level in the market. Once this happens I will wait for a retrace back to this level. If we broke support then this level will become new resistance and vice versa. If we form a pin bar on the retest we have a very high probability trade setup.
I will usually enter pin bars at the close of the candle, or wait for it to break the low or high in the direction we‘re trading. I know some people advocate waiting for a retrace of a pin so that they get a better price, but so often this never happens and we end up missing out on great trades. The best pins are on the daily and 4hr charts, below this and we're looking at more "noise" and they are not as reliable.
Pins are a simple price action setup that I believe anyone can master and make money with. You don't need to use indicators and you don't need to sit all day in front of a computer. Checking your charts once a day or ever 4 hours is all you need to do to look for setups. Let the market do the work!
Article Source: http://www.articlesbase.com/currency-trading-articles/pin-bars-forex-price-action-setup-4344725.html
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To learn what I know about forex and the things you can do to improve your trading, visit Forex Trading Uncut, this is a new and growing website about forex trading that is free for everyone.

Understanding and TRADING the long term trends in Gold, Silver, Oil, Dollar

Author: Rob Trader

Trading with multiple time frames – Every now and then it's always a good idea to look at some different time frames to be sure you have a solid understanding for the longer term trends in play. I will admit that it's easy to get caught up in trading the shorter time frames like the 1, 10, and 60 minute charts especially when there are large intraday movements. But every night you must reset your thinking by looking at the bigger picture.
Below are weekly and daily charts which I think provide a big picture view of things.
SPY – SP500 Index Fund – Weekly Chart
You will see that in both 2009 and 2010 we saw a 5-8% correction down to the key moving averages. I feel that we are in store for a similar pullback in 2011. After that we will most likely continue higher.
US Dollar Index – Weekly Chart
The dollar is trading down at a key support level which I am keeping a close eye on. If we get a close below this trend line then we should see the dollar sell off sharply which in turn will trigger another leg higher in commodities across the board.
Crude Oil – Weekly Chart
Crude oil has really taken off because of the fears coming out of the Middle East. From the looks of it the next key pivot level is the $110 level.
Gold – Daily Chart
Both gold and silver have made new highs but after such a run I expect we see a quick pullback before they go higher. Gold and silver are the two investments I think everyone should hold a core position for the long run no matter what happens to the price. But, if we do get a nice quick pullback into the key moving averages then I think it's a great spot get involved with more money.
Mid-Week Trend Report:
In short, I am bullish on stocks and commodities and bearish on the dollar and bonds. The one issue I see going forward is that if the dollar breaks down it will most likely help boost oil prices which in turn puts downward pressure on stocks… So depending on how things unfold in the Middle East and a falling dollar, we may not see higher stock prices. Some individuals are forecasting $150-220 per barrel and I know if it gets back up there it will definitely slow the economy and stock prices down…
Read Full Article Here:
==> Gold, Silver, Oil, SP500 & the Dollar Long Term Trends
Article Source: http://www.articlesbase.com/day-trading-articles/understanding-and-trading-the-long-term-trends-in-gold-silver-oil-dollar-4342893.html
About the Author

Rob Trader - Forex Expert
http://forexprofitmultiplier.info/

Macro Millionaire Coaching Program Global Market Comments for March 02, 2011 | Investors Will Win the ETF Price War

Author: Rob Trader

SPECIAL END OF THE MUTUAL FUND ISSUE
Featured Trades:
(ETF PRICE WAR),
(PE MULTIPLES IN THE NEW NORMAL),
(BIDDING FOR THE STARS),
(DEATH OF THE MUTUAL FUND)
Investors Will Win the ETF Price War.
Many hedge fund traders are unhappy about the current near monopoly enjoyed by the top three ETF issuers, Black Rock, State Street, and Vanguard, which control 83% of the market. At last count more than 1,100 ETF's were capitalized at more than $1 trillion. The result has been grasping management fees, exorbitant expense ratios, and poor structural designs which create massive tracking error.
The good news is that new entrants are flooding into the ETF space, and the heightened competition they are bringing will help curtail the worst of these abuses. This development will accelerate the demise of the bloated and arthritic mutual fund industry, whose end has been a long time in coming. Not only will management fees and expense ratios plunge, there will be a far broader range of offerings, as new funds are launched from a diverse range of institutions coming from differing areas of expertise. Failure to enter the newly lucrative ETF market by the remaining giants sitting on the sidelines means that their existing mutual fund businesses will be cannibalized.
Look no further than bond giant PIMCO, which is coming out with a plethora of fixed income related funds, Van Eck's expanding list of ETF's for commodities, and the even growing list of inverse and leveraged inverse ETF's presented by ProShares. The bottom line will be that lower costs and tighter spreads will leave more profits on the table for the rest of us.
The Mutual Fund Industry is Getting Canibalized
The "New Normal" Calls for a Lower Market Multiple Range.
"Exclusive Content for Macro Millionaire Coaching Students Only"
==>  Click here for more information on this exclusive service for serious traders.
The Bull's Days Are Numbered
Bidding for the Stars.
"Exclusive Content for Macro Millionaire Coaching Students Only"
==>  Click here for more information on this exclusive service for serious traders.
The Death of the Mutual Fund.
"Exclusive Content for Macro Millionaire Coaching Students Only"
The Mutual Fund's Days Are Numbered
Quote of the Day
"Bankers will get away with whatever they can get away with…Our banking system is socially useless," said an oversight body in the United Kingdom.
If you'd like to sit side by side with John Thomas and let him help you multiply your portfolio like a winning hedge-fund manager then he's happy to mentor you and share his specific trades as he makes them just click here to get details on his breakthrough Macro Millionaire coaching program & trading service.
Article Source: http://www.articlesbase.com/currency-trading-articles/macro-millionaire-coaching-program-global-market-comments-for-march-02-2011-investors-will-win-the-etf-price-war-4340171.html
About the Author

Rob Trader - Forex Expert
http://forexprofitmultiplier.info/