A Complete Skeptic Conducts A Forex Range Trader Review - Will He Turn Into A Believer?

Posted on March 1, 2008
Filed Under Forex |

There are so many, many programs for trading forex being paraded online, that I have basically evolved into the ultimate skeptic.

So whereas I decided to participate in a complete Forex Range Trader review, I unquestionably shocked myself as well. Something concerning the website attracted my attention and I took a moment to check out the website and see if the program had merit.

Could Forex Range Trader live up to what it professed and turn this self announced doubter into a fan?

Read my Forex Range Trader review and see….

First up, there 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

* Now (with RangeTrader-Phase-Two) Designed to Trade most currency Pairs, and especially recommended for the EUR/USD

* Compounds return as Account Balance Grows

The problem is that these program’s do not usually deliver.

There’s also a video which reveals to you specifically 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 thing that is honestly appealing to me the most I believe is the fact that Forex Range Trader is touted as an ‘automated’ program.

So, I PURCHASED the program!!!!

There’s also a whole bunch of other items that came with the Forex Range Trader, however I won’t go into it here….as long as you know there’s lot’s of supplementary info.

Well, surprisingly enough I have done an about face and turned into 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!

Tags: Forex

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