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Monday, November 16, 2009

Forex Apocalypse Expert Advisor Nightmare

By Kathy Alonso

The sales page was simply too good to pass up. Having no experience Forex Trading it piqued my interest and after finding no negative reviews anywhere I decided to try forex Apocalypse. The idea that it was a plug and play EA which could be set up and left to do what it does without being tweaked was very appealing to me. Reviews said that it made few transactions but was very reliable. It was said to avoid risky short term moves and go for more long term earnings. After I purchased the software I was taken to metatrader.com which as stated on the page was recommended for use with this EA. The sign up process was lengthy and included giving my bank information. The software was only available for windows and so I had to install it on a friend's computer. I funded my account through Paypal and installed the Apocalypse EA. I had trouble getting the EA to start working and contacted MetaTrader support about the issue. Affter telling me to reinstall their software which didn't help they said that they could not help me because they do not provide technical support for EA's. They suggested I contact the Forex Apocalypse EA support.

I was unable to find any support link on their website but found the email I received when I purchased the Forex Apocalypse. I sent my question about setting up the EA through this email. They responded within 24 hours, which was very impressive but by then I had figured out what the problem was. The EA did not have permission to do live trading. I changed the settings and was ready to go.

I left it on the default settings which were the following: magic number : 20202111 eachtickmode : true Lots: .5 stop loss: 250 takeprofit: 500 trailing stop;: 65 slippage: 3

I had it working on 30 minute graphs and all major currencies. It took a few days to make the first purchase and that same day I lost over $250. I was concerned that it may not have been running 24/7 so I subscribed to ForexHoster, which allowed the EA to be running 24/7 without any disruptions or delays. This costs about $60 a month. I also read through the Forex Apocalypse manual again and found that it said that the graphs should be set at 4 hours and 1 hour for best accuracy. I made these changes and left the EA running again. I was hopeful when a few days later the EA made another purchase and it looked like this one would make a profit. Unfortunately within a few hours I ended up out another (over)$250. I wrote to the Forex Apocalypse support and told them about my concerns and asked for any suggestions. I was told to use shorter time frames and that "EUR/USD is the recommended currency pair as it produces the most stable signals". So I made these changes But I kept losing money. And three weeks from the day that I first purchased this EA, I had lost almost 900 dollars. This was a hard learned lesson and I hope this review helps others. Now I'll be attempting to get a refund for this EA. It won't make up for all the money I lost but at least I can get my initial $67 back. I'll also be unsubscribing from ForexHoster sine I won't be needing this service anymore.

Please learn from my mistake. If it sounds too good to be true then it probably is. Forex trading is far from being a science and no matter what you use or how you do it, it is more of a gamble than an investment.

But there are great opportunities to be found online. You can stay up to date wit the best opportunities by visiting www.prosperlane.com. - 23196

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Making Profits With Foreign Currency Banking

By Cedric Welsch

The game of foreign currency banking may already be familiar with some veteran forex traders. However, this is not the case for the newer players in the market. The single fact that should always be kept in mind as a player in the forex industry is that currency trading tends to be very unstable frequently. A better move to adopt is to keep on searching for alternative means as support to your standing in the forex market. Engaging in investment means such as foreign currency banking is very much encouraged.

Just like when doing a regular bank account opening, this strategy is almost similar in nature. The interests though are way bigger than just the regular banking transaction. This alternative proves to be best for those who have accumulated a good number of currencies as you wont be selling them all in any single time. Currencies have way bigger interest rates and also under their own currency values. It is good to compare interest rates in between banks as they all vary from one another.

Therefore, instead of just allowing your currencies to be of not much use, let them multiply by themselves inside the bank. It is always easy to take action like when selling them, once they're kept within a bank account. In undergoing foreign currency banking, it can be much favorable for you in terms of choosing what to do with your currencies as you can check the bank's current rate values if its high or low. Below are some good points that can help you in such undertaking:

1. Carefully study the rates of the bank you're choosing - The interest rates of the bank you're choosing to make transactions with really do matter a lot. Do not ever skip this step and jump on to your next agenda right away as this should be your initial priority. Check out how much minimum amount will you need in order to open and keep your account with them so you can do a study on the interests you should be getting.

2. Make investments using low valued currencies - Do not always go after your most popular currencies, this isn't a good move in every instance, do consider investing your low valued currencies as well. The reason for this is that to avoid the possibility of frequently hitting the minimum threshold for your account which especially occurs when you make a lot of dealings involving your high valued currencies. Meaning, do choose to do transactions too using the currencies you seldom do trading with.

3. Do take advantage of other deposit methods - Registering a time deposit account under foreign currency banking is usually encouraged, this is mainly for the obvious reason that time deposits perform better than just the regular deposit for your foreign currencies. The one thing you just need to be keen at is finding out the limits on your deposit account most especially with time deposits as they involve higher interest rates. - 23196

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Getting the Price Right for Success in Real Estate Sales

By Jason Myers

Real estate investing usually entails selling at one time. This price setting is what will determine how fast the house will sell. However how do you get this cost correctly?

For a lot of home sellers, procurement of the correct cost is based on how much they think the house is worth. But as it has been determined with this method, the odds of making it right are slim to none. Sure, the laws of probability guarantee you a chance in making it right by pure estimation but that just about never happens.

For the best deal, you are required to do a single thing, and that is a home inspection. You need to hire a professional to make the value approximation of the house and provide details to you with it. That will offer you the margin of pricing the house. These individuals are very accurate in their dealings and with all concerns being made, like the current trends in the real estate market, they will deliver a nearly precise figure of just how much your house is valued inside and out.

There are some instances where you might not be happy with the amount, but you are more than welcome to make enhancements that will increase the price to a bigger number that you can be contented with. You can invest in remodeling the home, redoing the painting and replacing a thing or two, until you think that the overall cost has increased.

The second thing you can do is to wait till the home selling season arrives, but with the unpredictable financial rotations, you would not be assured of that actually happening.

When marketing your house, you must not even consider contending with foreclosed homes since their prices are way cheaper and efforts to match them would just bring about loss. - 23196

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Can I Keep My House If I File Bankruptcy?

By Emma Elvie

Anyone who is struggling with their finances has almost always wondered can I keep my house if I file bankruptcy. You really do not want to give up your home just because your finances are hurting do you?

If you have ever accomplished the American dream and purchased a new home then you understand how difficult it can be to give it up just because your finances are struggling. The last thing that any home owner wants to face is the possibility of having to move back into an apartment because they can not afford to make those monthly payments.

If you are one of the thousands of people who are wondering "can I keep my house if I file bankruptcy" then you have landed on the right article. While we do not claim to be experts in this field and every state is going to have their own bankruptcy laws the truth is that it is possible to keep your home. Of course you are going to want to find out what the laws in your state have to say.

If you do not know what type of laws your state has; then one of the best things that you can do is to hire a bankruptcy attorney who will be happy to explain everything to you about what you can keep or not.

Even if you do understand the laws but do not know how to file the paperwork then you best bet is to hire a professional who will be happy to sit down with you and take a look at your options. Maybe they will be able to find a way for you to get out of the financial mess you are in without having to file.

When we filed we found out that it was possible to keep your home as long as you are not behind on your mortgage payments. If you are behind then the court can make you pay all the defaulted payments until you are current. The financial lender will even have the option to start the foreclosure process even without informing you.

If you are uncertain about what you can do about filing bankruptcy or are just searching for some valuable tips and advice then be sure to visit the site below. You can stop asking yourself "can I keep my house if I file bankruptcy" once you better understand how the process works. - 23196

Forex Trading - Should You Invest?

By Carl Keller

Forex trading is all concerning putting your money into other currencies, thus you'll be able to gain the interest for the night, for time amount or the distinction in trading money all around. Forex trading will involve other assets along with money, but as a result of you are investing in other countries and in other businesses that are dealing in other currencies the premise for the money you create or lose will be based mostly on the trading of money.

Constant trading is done in the forex markets as time zones can vary and the markets will open in one country while another is close to closing. What happens in one market can make a splash on the other countries forex markets, but it's not continuously dangerous or smart, typically the margins of trading are near every other.

A forex market will be gift when two countries are concerned in trading, and when money is traded for goods, services or a combination of those things. Currency is the cash that trades hands, from one to another. Usually times, a bank goes to be the supply of forex trading, as uncountable greenbacks are traded daily. There is nearly 2 trillion bucks traded daily on the forex market. Should you get concerned in forex trading? If you're already concerned in the stock market, you have got some plan of what forex trading really is all about.

The stock market involves buying shares of a corporation, and you watch how that company does, watching for a bigger return. In the forex markets, you are getting things or products, or goods, and you're paying money for them. As you are doing this, you are gaining or losing because the currency exchange differs daily from country to country. To better prepare you for the forex markets you'll be able to find out about trading and getting online using free 'game' like software.

You may go surfing and produce an account. Entering information about what you are fascinated by and what you would like to do. The 'game' can allow you to make purchases and trades, involving completely different currencies, so you can then see first hand what a gain or loss can be like. As you continue on with this pretend account you may see first hand how to make selections based mostly on what you know, that means you will need to scan about the market changes or you'll have to require a brokers info at worth and play from there.

If you, as an individual wish to be concerned in forex trading, you want to get involved through broker, or a financial institution. Individuals are called spectators, whether or not you're investing money as a result of the amount of cash you're investing is minimal compared to the legion dollars that are invested by governments and by banks at any given time. This does not mean you cannot get involved. Your broker or investment advisor can be in a position to tell you a lot of concerning how you'll be able to be concerned in forex trading. Within the US, there are a number of laws and laws in regards to who will handle forex trading for US voters thus if you're searching the net for a broker, be sure you read the print, and the information about where the company is found and if it is legal for you to try and do business with that company. - 23196

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