I sign up to all sorts of emails and every now and again and today, a new Forex system has emerged which has caught my eye.. this one is called Forex Autocash Robot and is a Forex trading system which apparently has never lost a trade in over 8 years. This is a huge claim.. trading is about losing and winning.. you just have to win more than you lose and then you’re a successful trader but this system claims never to ever have lost a trade once. Hmm, it got my interest but I’m hugely skeptical.

Apparently, the facts are:

• zero losers in 8 years and 8 months and still winning
• 50,000% profit
• 597 consecutive profitable trades
• completely automated system

Well, I don’t know what to think..  I will give it a try shortly and let you know how I get on but for the time being, if you’re interested in having your own look as there are limited copies, then visit the

Forex Autocash Robot

Tags: automated trading system, forex autocash robot, forex system, Forex trading, forex trading system, john burroughs, john burroughs forex, trading robot, trading system

I made two trades the other day which worked nicely. I placed these trades on the 2nd September around 22.00 GMT.

I went long EUR/AUD at 17353 with a 100 point limit and a 50 point stop.

I also went short AUD/USD at 8366 with a 100 point limit and 50 point stop.

I woke up the following day, both targets hitting their limits and making me 200 points!! Hoorah!

Tags: audusd, daytrader, daytrading, eur/aud, foreign exchange, forex, metatrader, shorting, Spreadbetting, Trading, trading system

My trading of late hasn’t been very good and I’ve lost focus hence the lack in the number of emails.. anyway, I spent time away to think through and go back to the basics.

Trading the DOW is definately a way to lose money.. the DOW is just a basket of 30 stocks and is easily manipulated… quite frequently when you see a move beyond a level, you expect it to move beyond but no, more often than not, the market will just reverse and do the opposite.. the big boys are obviously aware of the smaller players in the market and know what they are looking for and hence seek to do things to ensure that we lose as much as possible and fill their coffers.

I am going to try and concentrate on trading the Forex markets and am using the Metatrader software. The Metatrader is free and you can easily sign up with a broker for a demo account to test. There are a host of free indicators and also free systems which can automate your trading decisions.. I like to be in control however and prefer to manually trade the markets.

Anyway, there is a system which I have been following for a while now and yesterday there were two entries which I could have taken. Actually, I took the first trade which was a long at 1.8523 on the GBPUSD. However, this soon hit my stoploss and by then I was already in bed. Shortly afterwards, there was a short entry which I could have taken if I was still awake.. it was a short at around 1.8514 and it would have allowed us to close at 1.8373 for a profit of about 140 pips!

I will be watching this trading system closely to see how it performs and will keep you informed. This trading system is meant to be good for GBPUSD and EURUSD markets. People also trade the USDJPY with it.

Tags: daytrading, expert advisors, foreign exchange, forex, free trading, gbpusd, interbank fx, make me some money, makemesomemoney, metatrader, spreadbet, Spreadbetting, Trading, trading system, trading the gbpusd