Type: Forex Trading Robot

Product: Forex Shockwave

Rank: Gold Category

Profitability: 8.5/10 (supported by several reliable forex vendors vouching for this EA)

User Friendly: 9 /10 (one click exe installation,MT4 expert advisor and your personal 1-1 success coach)

Support : 8 /10 (vendor looks responsive to blog questions and comments)

»» Visit http://www.ForexShockwave.com

” Forex Shockwave Robot Reviews “


This EA is creating huge attention

I have not been in tune with the latest forex products release as I have been busy with my own stock and forex trading activities.

However lately, I have heard that many new forex products are pushing into the market. Hopefully, I can catch up and start reviewing regularly again.

Ok there is a forex robot coming to you today. It has caught my attention when the traders from Insider Code mailing list emailed me. They seldom market any forex products so there must be something interesting about it.

This forex robot is call Forex Shockwave.

What’s so impressive then

What is so impressive for me is that the creator, Justin has managed to turn a mere $500 into a 6 figure trading capital. I do find it unbelievable until I understand how this forex robot trades.

In addition, the forex robot has achieved a single 5 figure profits (over $19k) from  1  trading session. And Justin has only used $50K capital during this testing period.

So what kind of forex trading system is he using inside Forex Shockwave Robot? Read on to find out.

Compound over many times

There is only 1 method where you can turn a small amount into a very big amount in a short period of time. That is Compounding.

It happens that Forex Shockwave is programmed to find and execute many trades within a trading session that makes it so profitable.

Frankly speaking, I would say that there is a huge amount of luck involved in it.

You have to make many profitable trades  in a row for compounding to work well. However, if you think of the small amount of capital involved, it might be worth a small risk.

Justin is a big believer of lighting fast trades

This statement from Justin sums up the essence of his trading system : “The key to killing it in the Forex Market is to make lightning fast trades that bank pips throughout the entire trading session”

Justin is a believer of scalping and that you should maximize every trading opportunity you have in a trading session.

However, this is out of reach for most people as it requires constant monitoring.

Therefore Justin has created an automated trading solution to help him trade. I guess this is why he was able to turn $500 into a 6 figure capital by automating Forex Shockwave trading system.

The trading results

There are some incredible results on the homepage.

1. $19,141 Profit In Less Than 24 Hours…

2. $4635 from 8 consecutive trades in a day

3. $5,560 FROM 7 trades in a trading session

4. $6720 from 4 trades

This is due to the huge number of trades this expert advisor can execute in a short amount of time. Combine with compounding, you will get huge returns at times.

But do remember to risk what you can lose.

The currencies and time-frame used

You can trade ALL currencies using Forex Shockwave. However, the best results are from EURUSD.

Justin has advised us to trade EURUSD in the Asian Session. This is where you will achieve the best results.

The timeframe used is 15 minutes.

I would advise you to keep the default settings unless necessary.

Trading Methodologies behind

Below are the trading methodologies behind Forex Shockwave.

1. Exclusive Rapid Price Indexing (R.P.I) Technology: Forex Shockwave uses its proprietary algorithm to currency price changes, to uncover short-term trading opportunities. RPI gives Forex Shockwave the ability to make more successful trades than any other Bot on the market. No more boring trading sessions twiddling your thumbs!

2. Currency Pair Expert: Trade any currency pair with success. You’ll be able to enter any market and profit 5 days a week.

3. Self-Optimization Engine: Forex Shockwave adjusts its own programming to adapt to the market. You’ll be able to use Forex Shockwave for years without worrying about the strategy going stale.

4. Market Flexibility: Bag pips in smooth or volatile markets. Since Forex Shockwave is searching for quick profit opportunities, it is not affected by stagnant or unpredictable market conditions.

What you are getting

1. An .EXE  installation file of Forex Shockwave metatrader4 expert advisor which is a 100% hands-free trading software.

2. A-Z Quick Trading Guide: An easy guide that shows you how to quickly install and configure Forex Shockwave in just 3 easy steps. Helps you to start trading right away.

3. 24 Hours Email Help Desk: The support team are there to help you with any installation questions you may have. The response time is within 24 hours.

Additional Bonuses

Justin is throwing in some special reports to help you advance further in the forex trading market.

They will be useful to you if you are trading the market manually.

The total estimated value of those bonuses are worth over $315.

1. Fibonacci Forex Secrets ($47)

2. Elliott Wave Mastery ($47)

3. CandleStick Ninja ($47)

4. Grab Forex Facts Uncovered ($97)

5. How To Get The Best Out Of Forex Trading ($97)

»» Visit http://www.ForexShockwave.com

Similar Forex Trading Articles you can read too

2.

Believe it or not, automated forex signals seem to be getting the bulk of the press in this ever expanding market. Unfortunately, a lot of the press they seem to be getting is a negative tilt and that is not actually a fair characterization of this forex trading software.

These signals seemed to be getting lumped into the same category of these guys that are selling the get rich quick schemes for getting real estate for free and things like note purchasing. Why would anyone want to put out valuable information like this if they were actually making a profit with it themselves? It is only normal to conclude that having more people in on trades would mean less profit as the market would catch up with the situation much quicker and there would be less of a profit window.

As with any business, where there is legitimacy, there are people looking to take advantage and cash in on a quick buck. There are actually several forex trading signals available that are quite good. The problem comes from these fly by night guys who are trying to make a quick buck and not testing their signals adequately before putting them out on the market.

Some of these “forex autopilot” websites make some bogus claims, use fanciful graphics and the next thing you know, they are the most popular product on the market. When companies like this produces unsuccessful trades, the entire niche gets hit with a label of being a fraud even though there are actually some proven models in existence.

However, no matter how good the forex signals are, you should never rely on only one tool to decide when and how you trade. You should be looking at several exit and entrance strategies along with developing your own sound model for trading. Putting all of these together can produce a profitable forex trading system.

As you are checking out different automated forex trading systems, keep in mind that the perfect system to produce a profit each and every time does not exist. If it did, everyone would have it and everyone would be making tons of cash. You have to have a solid investment plan and utilize these signals as a way to make you aware of situations. No one person if infallible and neither is a forex trading system. Find one that can be incorporated into your own system well and you will become a successful trader.

1. [DDET Learning to be a good forex trading scalper]

A lot of traders will find themselves of falling into the trap of making deals strictly for the sake of making a trade. This is where the discipline comes in. You absolutely cannot do that as a scalper. You must wait for the proper information to show that a situation is ripe for profit. There is one crucial piece of information that any trader should be aware of before getting involved in the scalping niche of forex trading.

Scalpers need to be aware that the market itself is in consolidation mode about 60-80% of the time. In other words, when this is going on, there are no apparent significant changes that are happening. What you will see is that the market will not move for hours at a time and then a move will be made. As long as the forex scalper understands exactly how this works, this will become the ideal situation for the forex scalper to take advantage of.

In order to become successful at forex trading, you are going to have to develop a great sense of recognition for trends that are developing. Recognizing key support and resistance levels so that previous highs and lows can be spotted is a vital skill for the scalper. Some popular forex trading indicators used by scalpers are the stochastic and Moving Average Convergence Divergence (MACD). However, the standard parameters used in MACD may need to be customized for forex scalping.

Spotting these situations will allow the forex scalper to do what all forex traders need to do, sell on the rallies and buy the dips. The forex scalper will attempt to spot consolidation channels with a wide pip range (20-40) and have a long entry order when the price bottoms out and a short entry order when the price is at the ceiling.

Being a forex scalper is not something for every trader, but every trader must have some of the scalpers philosophy in their forex trading strategies. Developing these skills will sharpen your recognition power and allow you to make the most of your time during the forex trading day when the market appears to not be going anywhere. You will find that your overall trading practices will become much more profitable when you add this extra tool to your forex trading arsenal.


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