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Sunday, August 9, 2009

Forex Ambush 2.0, Play Hard, Live Rich

By Forex Phil

When you visit the sales page of the Forex Ambush 2.0, the first thing you will notice is that they actually have a normal, multi-paged website. Every other vendor only ever has the tacky, long-winded sales page full of stupid high pressure sales tactics. But this robot/vendor is different - he has an actual/real website. How refreshing to be treated as intelligent, and to be able to contact them with my questions.

I think you know what I mean. Say you want to buy a software program that can do "whatever", and it costs about $150-$200. I EXPECT to visit their website and to interrogate that website for every detail I want to explore about the software. And I expect to be able to send them my questions and to make pre-sales contact with the vendor.

Getting into the heart of Forex Ambush 2.0, it uses an artificial intelligence engine, custom designed to process Forex data. It analyzes live and historical currency price information in order to predict the near term future of price movements. Think of it in terms of it monitoring multiple forex indicators to form a merged view of likely trends. Once all these indicators line up each confirming what the other indicators are implying, Forex Ambush 2.0 then alerts you to buy/sell that currency pair.

When you look at Metatrader you will note that it comes with many built in indicators. Each indicator is looking at a different aspect of the markets. These aspects include volumes, volatility, demand, support and resistance levels and the list goes on.

But all indicators are only taking a slim, narrow snapshot of the market. Each forex indicator by itself is not enough. Each indicator read in isolation can mislead you. Equally true is that each indicator is doing very complex analysis on your behalf to give you the graphical snapshot of what is going on.

Having 5 or 7 indicators all being tracked and monitored builds up a more comprehensive picture of what is going on and what pricing movements are likely to occur in the very near future. At one moment in time, each of the indicators may contradict each other, or from time to time they may all line up confirm that a profitable trade is coming up.

Logically, large banks and trading organizations would have been using technology like this for years. But things are different now. Now mums and dads can have access to the forex markets, to forex trading systems and forex trading software like Forex Ambush 2.0.

We can all be expert forex traders if we have the correct information upon which to base our decisions. Normally our part time trading does not allow us to reach the expert level of mastery required to make outstanding profits. I commend Forex Ambush 2.0 because of its successful combination of indicator monitoring and timely trading alerts.

The impossible dream would be to want to make a profit on every pip of movement. But of course that is a silly way to think. Nothing can anticipate every blip or tick as there are just too many variables. So I don't get upset if Forex Ambush 2.0 fails to advise me of what could have been a good trade. Rather, I am satisfied that it so far has only given me profitable trading alerts 100% of the time.

Perhaps Forex Ambush is just that bit more conservative, I really don't know. I have used it for 3 months now, and I have not lost one single cent yet. Like most expert advisors, don't expect a flurry of fast and furious action all day long. Forex robots of this caliber often go several days with no trades at all. As I said, I don't have to be 100% right all the time - but I hate to be wrong ever. I'd rather miss a trade than make a wrong trade. - 23200

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