Wednesday, April 23, 2008

Forex Killer

I think many forex trader already know Forex Killer.
Forex Killer is not an EA. Forex Killer is a software that give signal to enter trade manually. The latest version is Forex Killer 3.0

If you look at the webiste "Forex Killer" you will notice, the layout is about the same as "Forex AutoPilot EA". Maybe there is connection bettewn Forex Killer and Forex AutoPilot, but who knows?

Many pro and contra about Forex Killer. Many trader said Forex Killer is scam. Why?
Actually trader who called Forex Killer scam because they don't make any profit use Forex Killer software, and I personally already test Forex Killer on demo account couple times, but the result is LOSS.
So I don't test it anymore becuase I prefer full automatic EA rather than manual system.

I also find a trader make good profit using Forex Killer software too
His nick is ggrays1999 and he post it in Bluto private forum

Here i quote what ggrays1999 said
Now, here is *EXACTLY* what I am doing.
At the exact moment a new bar opens signalling the opening of London session, go in, grab your h1 chart data. Load it into FK and set the right pair, the decimals, the timeframe, etc in FK.

Stops are 50(Except Gbp/jpy which were 100) and TP of 70(except gbp/jpy which was 170).I mainly played on the 4 majors and eur/jpy, I did gbp/jpy for 2 trades and that was enough. I just don't like gbp/jpy. My trade on g/j that was a loss should've broke even at +40, but I wasn't managing it.

Anyhow, the instant you have a calculation done, enter a trade then go back and set your stops and tp. Wednesday's session was a no trade for usd/chf and usd/jpy for whatever reason. I am ONLY taking the long term signal and ONLY on h1. Sometimes the short and long terms will be different, always take the long term. There is a trade labeled "Long Term" and that is because it was different than the short term.

So, for this week, which I didn't trade all days, I am 8 and 2. Winners always bigger than losers, NO TRAILING STOPS. I came up with 50 as a stop just out of the blue, that's what I like to risk. 70 pips I think is a hittable target every night for the pairs, I am not one to try for squeezing every pip out of a trade.

These are not doctored results at all, this is my live account, and I only showed the FK trades as I took others out as well based on other signals. There are no hiding FK trades at all. There is another member in this group who can verify these results as well, since he's seen my live account statement in full.
My results are real and shocking.
Am I endorsing it? No
Am I selling it? No
Am I saying it's not a scam? No
Am I trading it? Yes
Will I continue? Yes
Will I be shocked if these types of results continue? Yes
Am I hoping they do? Absolutely, they are amazing.

Many of the trades I have taken have then been confirmed by other indicators I use.
Again, the moment London opens and not a second later, even though one or two of those trades shown are a few minutes late, they still won.


From what ggrays1999 said, he use other indicator for trend confirmation.
Maybe trader who trade using Forex Killer can use trend indicator for better result, You can find it many trend indicator on forex tsd forum and forex factory forum.

And I find other usefull tip too in Forex Killer package, just download it. The files name is FKWinner.pdf but I haven't try it :D

And here is a tip if u want to buy forex killer: After visit the site, close it and a pop up will appear and will give u special price $79

EDIT: I don't know if it's mean anything to you,
Check this out "Forex Killer Video"

Any comment are welcome

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5 comments:

CK said...

the video is a great find my friend :O)

duyduy said...

Thanks ck for visiting my blog.
It's your blog that inspire me to make this blog about expert adviser review.

CK said...

what you said just made my day! :O)
thanks bro :O)

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