Review of FAP Turbo Evolution
The newest edition to the FAP Turbo range of forex trading robots is called the FAP Turbo Evolution. In a big departure from all previous versions of FAP Turbo the Fap Turbo Evolution Edition was not specifically coded to function on the Metatrader 4 trading platform. It has been entirely rewritten and ported to suit a different platform. The new platform offers incredibly low spreads, thereby making it more profitable for the FAP Turbo evolution trader.
This version of the robot was programmed to trade specifically with the Swiss based forex broker Dukascopy. Dukascopy has long been recognized as one of the premier forex brokerage houses and has an excellent reputation amongst professional forex traders. Their spreads and trade execution are recognized as the best in the business. I am sure that these are the paramount reasons why this robot was ported to trade on their platform. Needless to say this transition to Dukascopy makes the robot potentially more profitable as you can directly benefit from the vastly superior spreads and trade exectution.
The only down side is of course that you are limited to just the one broker, so the platform is less flexible from this point of view. Also another requirement specified by Dukascopy is that you need to have $10,000 to open an account. From experience we know that the advantages to their platform far and away offset any disadvantages. Once you have experienced the superior trade execution and simply the fact that they do not trade against you or use any of the myriad of tactics sometimes employed by retail forex brokers such as excessive slippage, stop hunting and slowing trade execution, you will never again trade with a retail broker. Dukascopy really is the choice brokerage house for professional forex traders it really is that simple.
Like the original FAP Turbo the Evolution uses a scalping style strategy, based on price action and other proprietary entry parameters. Basically it looks for frequent small, short term trading opportunities that invariably happen in the Asian trading session when market volatility is low and the risk and reward ratio is the most advantagious so as to minimize the risk of big market moves going against you and causing catastrophic losses. The FAP Turbo Evolution version trades 3 currency pairs: EUR/GBP, EUR/CHF and USD/CAD. These pairs have proven to be the best suited to trading in the Asian session and to offer the best returns from historical back testing as well as live trading.
The shift to the different platform may well deter some FAP Turbo users from upgrading and new users from taking up the offer, but the way I see it is that anyone serious about making money in forex will eventually end up venturing outside of the retail forex arena and join the ranks of the professional traders who simply won't compromise when it comes to selecting a broker.
Let's face it, successfully trading the forex market is a difficult enough task as it is without having your broker trading against you. Once you do find sufficient funds to open an account with Dukascopy, I have no doubt that you will get to reap the benefits. - 23311
This version of the robot was programmed to trade specifically with the Swiss based forex broker Dukascopy. Dukascopy has long been recognized as one of the premier forex brokerage houses and has an excellent reputation amongst professional forex traders. Their spreads and trade execution are recognized as the best in the business. I am sure that these are the paramount reasons why this robot was ported to trade on their platform. Needless to say this transition to Dukascopy makes the robot potentially more profitable as you can directly benefit from the vastly superior spreads and trade exectution.
The only down side is of course that you are limited to just the one broker, so the platform is less flexible from this point of view. Also another requirement specified by Dukascopy is that you need to have $10,000 to open an account. From experience we know that the advantages to their platform far and away offset any disadvantages. Once you have experienced the superior trade execution and simply the fact that they do not trade against you or use any of the myriad of tactics sometimes employed by retail forex brokers such as excessive slippage, stop hunting and slowing trade execution, you will never again trade with a retail broker. Dukascopy really is the choice brokerage house for professional forex traders it really is that simple.
Like the original FAP Turbo the Evolution uses a scalping style strategy, based on price action and other proprietary entry parameters. Basically it looks for frequent small, short term trading opportunities that invariably happen in the Asian trading session when market volatility is low and the risk and reward ratio is the most advantagious so as to minimize the risk of big market moves going against you and causing catastrophic losses. The FAP Turbo Evolution version trades 3 currency pairs: EUR/GBP, EUR/CHF and USD/CAD. These pairs have proven to be the best suited to trading in the Asian session and to offer the best returns from historical back testing as well as live trading.
The shift to the different platform may well deter some FAP Turbo users from upgrading and new users from taking up the offer, but the way I see it is that anyone serious about making money in forex will eventually end up venturing outside of the retail forex arena and join the ranks of the professional traders who simply won't compromise when it comes to selecting a broker.
Let's face it, successfully trading the forex market is a difficult enough task as it is without having your broker trading against you. Once you do find sufficient funds to open an account with Dukascopy, I have no doubt that you will get to reap the benefits. - 23311
About the Author:
Brendan Wilson is a forex trader and internet marketer with 12 years experience. Brendan is also associated with FAP Turbo Evolution Review
posted by Mr. Forex at
7:26 AM
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