Jason Fielder Explains Forex Executor Pro. Click Play To See Video
Forex Executor Pro Review - A Perfect Legal Way To Win At MT4
History and Problem
A set of new rules and regulations related to NFA has binded the traders from many sides. The NFA (National Futures Association) changed the way any US based broker can trade Forex since August 1st, 2009. The NFA created a new set of regulations which is known as the FIFO trading rule. What this meant was that if you have 2 positions open on a currency pair, you have to close the first before you can close the second. This was done to prevent hedging and market manipulation by Forex speculators but it made trading all the worse for all of us. The new regulations made it impossible for brokers to offer these trading orders:
- OCO - One Cancels the other which was used to straddle the market and is a highly popular strategy.
- Take Profit - Which basically exit the trade at a predetermined profit.
- Stop Loss - The most important order of them all which limits your potential loss.
This results in some brokers simply canceling these kind of orders (making Forex much harder and riskier), while other turned their clients to overseas brokers which usually cost more and may be more difficult to do business with. Going overseas if you live in the US is a bad, bad idea.
The Solution: Forex Executor Pro
Forex Impact that has been working on a solution for all forex traders. Its called Forex Executor Pro and was developed by Jason Fielder and Kevin Eaton, and the public will get their first peak as to how this new tool will allow you to trade with OCO’s, stop loss orders, and limit orders. On Thursday 27 August 2009, the Forex Impact Team is holding 2 live webinars, one at 1 PM and one at 9 PM.
Forex Executor Pro allows a new level of flexibility to traders. Forex executor Pro has devised a trading platform who allows you to make orders like OCO’s stops, Trailing Stops, Break Even Stop Loss orders. This software is a plug in which works with your trading platform. It takes your orders, including Take Profit, Once Cancels the Other, and Stop Losses, but doesn't pass them on to your broker until the trade is truly carried out. This is the power of hidden orders! It makes the entire process transparent. Your broker won't even know that you've placed these orders until they're carried out. Your trades are totally hidden from your broker so that no one is aware of how you're planning to trade and can act accordingly. You can just swoop into the market unexpected whenever you wish. This is something which traders from all over the world can do and prevents broker interference in your trades.
Only people who work on a MT4 or Metatrader 4 Platform can only use Forex executor Pro. The Forex executor Pro is designed and developed to be used in a very easy installation process and setup that is understandable by all. FX executor Pro also provides cell phone text messaging service. This acts as an instant messenger for deals no matter where the trader is located. Hence business booms as communication increases the flow of money. Traders are now free of the worries and concerns to open an overseas account. Forex Executor Pro gives you the power to place orders legally.
Forex Executor Pro is a small piece of software which plugs in to your trading platform and allows you to create the same kind of orders with the NFA removed. What really happens is that you place all these "forbidden" orders in the Forex Executor Pro, but they don't get registered at your broker until they need to be executed.
This makes it possible for you to carry out all these orders as usual:
- One Cancels the other
- Stop Loss
- Take Profit
- Trailing Profit
- Breakeven
All these orders allow you to continue trading with a US broker and still have all the flexibility which you once had. The software matches the experience you have in Meta Trader so you'll find it super-easy to operate. In fact, it has a few things the Meta Traders brokers don't offer. ForexExecutorPro offers better trailing stops then most brokers. While some brokers put limits on the size of the trailing stop and fail to implement a pip by pip trailing stop, this software does it perfectly. Again, this affects all traders globally. If you trade with a US broker, you just have to download it. There's no question about it. You'd be a crippled trader without one. If you live overseas and trade with a foreign broker, the NFA regulations don't apply to you. However, if you want a more flexible way to trade, with hidden trades, free alerts, and better trailing stops, you need this software.
Main Functions of Forex Executor Pro:
Create Pending Orders
It’s better than MT4 because brokers
won’t see these orders. This means the broker won’t know when you plan on
getting in and out of trades.
Breakeven Functionality
Unique feature. It allows you can move
your Stop Loss to your Entry Point after you reach X number of pips profit,
which means you will not loose money on that trade.
Trailing Stop Functionality
This allows you to set a Trailing Stop after you reach a predefined number
of pips profit.
Pair OCO Orders
Pairing Pending Orders, so for example,
if you were wanting to hedge (which is not allowed in the US due to NFA
regulations) Forex Executor Pro will not only allow this trade but delete
the pending order that doesn’t hit, meaning you can avoid having two
trades open if the market turns and goes against you.
Super Scalp
Allows you to place orders as little as 1 PIP away from the market.
Modify & Delete Orders
As per normal.
Alerts
Get Email and Text Alerts updating you as
to the status of your trades. Text alerts work by way entering your phone
numbers associated email address. Also includes, audio and visual alerts at
Order Open, Close and Breakeven.
Key Features of Forex Executor Pro
- Fully Compliant With The New FIFO Regulations
- Hides Your Orders From The Brokers To Prevent “Stop Hunting”
- Allows You To "Super Scalp" by placing orders as little as 1 PIP away from the market!
- Empowers You To Place OCO Orders
- Empowers You To Place Superior Pending Orders (Targets) & Stop Loss Orders
- Offers A “Super Stealth” Trailing Stop Order That MT4 Does Not Have
- Provides “Cell Phone Text Messaging” so you can be alerted of any triggered order anytime!
- Avoid the hassles of opening an overseas account!
- The hidden orders help everybody
- Improved trailing stops
- Comes with a Time-sensitive LOW price tag
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Forex Executor Pro Review
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Forex Executor Pro Webinar
Forex Executor Pro is free for members of
Triad Trading Formula
Jason Fielder of Forex Impact has created Triad Trading Formula , Forex Executor Pro and Correlation Code
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