Forex Forager EA/Robot
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FX trading between the ears

FX traders have to deal with a lot of changing environments and frequent decisions during the normal course of a trading day. How many times have you said to yourself “I know it’s going backup” or “I’ll average down just this once” or “They’re coming for my stop, I’ll move it down a little so they don’t get me”. All are valid decisions in your mind at the time. How about those times when you’ve taken a small drawdown just to find you don’t have the courage to pull the trigger on the next setup because you’re afraid of losing 5-6 in a row. Did you know statistically you have a 25% chance of losing 7 in a row?
by Stephen Kruse
Forex Forager EA/Robot
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Trading Lesson: The Art of Reversing Your Position

The market is always right. Not you. Not your opinion. Not someone else’s opinion. So you have a choice: you can fight the market or you can go with it. And how do you know where the market is going? Price action! For example, our robot “Forex Forager” always knows at what price it is right about a trade and at what price it is wrong. It doesn’t wander in cyberspace with 30-100 pip stops. It knows the exact inflection point where a decision needs to be made. Consequently, it is able to get into a swing or even long-term trade with as little as a five pip risk.
by Jeff Wecker
Forex Forager EA/Robot
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Trading Lesson: The Power of the Pivot Point

It’s not about signals, order flow, order imbalances, chart formations, technicals, or even fundamentals and news. Everybody knows that stuff and consequently it’s not worth knowing. I figured something out about price points in my early days as a trader in the 30-year bond pit, as a member of the Chicago Board of Trade. There are certain price points above which you want to be long and below which you want to be short.
by Jeff Wecker
Forex Forager EA/Robot
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Great News For Forex Forager Users…..

Great news.......due to the rapid influx of "Pipsters" using Forex Forager, we've achieved several economies of scale that are allowing us to make it available to Fx traders at a more affordable price....now $149/month. We're very excited that many more Fx traders worldwide, will now have access to this amazing technology that controls risk/reward, trade execution and trade management.
by Jeff Wecker