forexkiller

Looking at the forex killer reviews on the internet was not at all easy. Most were just affiliates selling the software and not giving a genuine review. So I decided to create this lens so that readers can get a forex killer review that helps them to understand what they are going to buy and then get an opportunity to buy from the link on this lens below.

link: Check Out Forex Killer here

I have been trading the forex market for a number of years and publish the forex blog at http://www.sambeatson.com as well as several online video courses and a training program. I was very impressed by the marketing of the Forex Killer product but I feel it offers a lot of hope for the dollars being asked for.

My personal approach to trading is to research the market first, then approach the technical analysis. It would appear that forex killer, despite many positive reviews, markets itself as being an "instant get rich through forex" software.

If you can get past the technical aspect of downloading data from either metatrader, FXCM's trading platform or the other datas that the software accepts, this software is a very fast method of finding a signal.

The manual submission route is going to frustrate you though, so make sure you take the time to read the manual on downloading data from metatrader or another broker so that you can bypass the time-consuming and downright tedious task of inputting 20 pieces of data in order to generate the signals.

The fact this can be done automatically is a big benefit, so you should learn how to do that straight away. Don't waste your time inputting the data manually. You will get confused identifying the important waves also so just let the software do that for you.

Forex Killer has an interface which allows you to input 10 closing prices on any timeframe from 15minutes to daily chart and then calculates longer term peaks and troughs in the price action data. You then inform the software of the timeframe you have used, the number of decimals in the price quote (eg 1.9670 for GBP/USD is 4 decimals) and then let the program know what instrument you are trading.

You then click "calculate" and the program will give you a "probability" percentage of whether you should buy or sell and one of 3 signals - BUY, SELL or FLAT (no trade). You will get a "short term" and a "long term" signal. It is not clear how short is short term, but I assume intraday to 3 days is short term and long term could be above this.

I believe that combined with doing your own research and analysis of the market, forex killer will give you a "third person perspective" so that you have an ally in your "team" so that you can consult the forex killer to see if the signals line up with your ideas.

I would recommend this software as an independent review with an interest in promoting it also. My reasons are:

=Very easy to use interface once you can download data from your broker
=Generates signals fast for multiple pairs
=Compliments technical analysis/research
=No fuss
=Very inexpensive
You can buy it from here

You may also want to read my blog for some other ways to research and plan your trades rather than taking a basically blind decision based on a software whose calculations may or may not be what a forex trader who used to work for Deutschbank uses.
link: forex blog

For once in my life, I am pretty certain that
a) Andreas is who he says he is
b) Makes a lot of money trading his own account

That alone is a reason to buy the software. The reason I can say this is that I have known successful traders and recognise their professional quips and behaviors. Andreas displays the "signs" of being a successful forex trader.

Forex Killer Reviews