Anyone with experience with Forex trading, particularly with Forex ...

Source: www.autopilotforextradingsystem.com

I know its an automated trading system for the currency markets, and that makes me nervous. Is it worth buying?


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  • EUR/USD technicals: trend still bullish

    The move from 1.4340 to 1.3800 can be considered a completed retracement and the market is gearing for the next push higher. The subsequent bounce from 1.3800 to 1.4180 has also completed a retracement, 61.8% in this case to 1.3950, and this level is now expected to be the base for the next push...

  • Japanese investors flocking to dollars

    Higher rates are luring Japanese investors back into US Treasuries and have been for several weeks. Prices tested downtrend resistance at 98.30 in the last hour and is consolidating now at 98.15. A break of trendline resistance turns the focus back toward the 99.50/70...

  • New York forex wrap-up; Dollar holds gains but not all

    Fed unlikely to add to Treasury purchases, slow pace of existing program: WSJ Trichet: High level of uncertainty remains; prudent on economic outlook US import prices rise 1.3% in May, down 17.6% y/y BOE’s Dale: Inflation targeting should be “enhanced” German tax revenue falls...

  • FOREX VIDEO - New York Session Review - Sept 29, 2009

    After rising during the early portion of today’s London session, the U.S. dollar index reached an area which has been historically significant over the past couple of years. From that point forward, the dollar basically remained flat against the euro through the London close. Although there...

  • Stocks come unglued down the stretch

    With just minutes to go, US equities have given up a huge chunk of their gains. Shares sit at 944, the former high for the S&P and an important technical point on the close. EUR/USD has pulled back with...