Hello my dear blog readers and visitors. It looks like there is a new commercial forex robot out on the block and making noises. Its name is Forex Monster (yeah I know, it’s a weird name). I’ve been getting swamped with e-mails from the various forex mailing lists I subscribe to regarding this new Forex Monster EA. Granted they’re all pretty much promoting this product, but I wonder if there is any merit to this one. It makes some bold claims:
FX monster *thrives* on the kind of volatile market conditions that cripple other robots, and will never lose your entire balance with a single bad trade.
And…
this invulnerable bot…
– is already proven to turn $10,000 into $59,000 with just 7 auto-pilot trades
– was built from the ground up based on the feedback of 3,000 real-life Forex traders… and NOT some B.S. developer or guru
– was designed for the little guy – 9 to 5’ers with little capital. You can get started on the cheap – with no techie jargon to worry about.
– because it’s automated, it takes just 10 minutes per week to run, absolutely no work and no experience with trading needed.
Forex Monster was just launched today so it may be a bit premature to ask you folks for your first impressions, but I thought I’d still try anyway. So, please give me a shout by leaving a comment on this post.
Hope to hear from all you early adopters 😉 If the EA is good I’ll jump in and buy it too.
Is it true Euro will be defcto international currency replacing Dollar? If rumors are true the Iraq war was because of Sadam choosing Euro over Dollar for selling oil. Historically changes in country reserve, political situation, trade balance and some speculations are key factor for currency going up or down.
Thanks
It remains to be seen whether the Euro will replace the USD as the world’s reserve currency. There are a lot of powerful forces that would wish for this scenario to NOT happen. As for the whole IRAQ war being caused by Sadam trying to switch over to Euro, the theory seems plausible.
However, this posting is not the right place for such discussions. I suggest you drop on by my Forex Nirvana forum and we can continue this discussion there:
http://www.forexnirvana.com