One of the greatest trends in investment is forex trading. But what is forex exactly? Forex is a global decentralized financial market for trading currencies. This foreign exchange market determines the relative values of multiple currencies.
The modern foreign exchange market began forming during the 1970s after thirty years of government regulations on foreign exchange transactions. More and more countries switched to the system of floating exchange rates instead of the fixed rate regime established in 1944.
In order to make profits with forex trading, you have to follow a plan. There are many experts on the internet that promise to help you with setting up plans and systems. However, much of these gurus only want to make as much money as possible for themselves by teaching newbies. The purpose of this article therefore is to review the most important forex systems.
EA Shark 6.0
One of the best forex systems is without doubt EA Shark 6.0. This system has made me the most money over the last years. Let’s have a look at the characteristics of this plan.
- It returns stable profits, even in the harshest conditions.
- It enables emotion free trading.
- Built in money management component that maximizes trading profits.
- Wins more than 95% of all trades.
EA Shark is fully automated and uses technology and complicated calculations to aid you in the process of making trading decisions.
Win rate explained
EA Shark claims a 95% win rate, and from my own experience, I can say that this is truly a fact. But how is this possible? EA Shark can guarantee such a high percentage because it is completely free from gut-based decisions. It is not swayed by greed, bias or fear. Moreover, it automatically plans out trades in meticulous detail top ensure huge gains can be made.
However, EA Shark also has some downsides. First of all, it is very expensive to acquire. Furthermore, the average monthly trade is rather low: 20. Lastly, the software will need a high-tech computer in order to function properly. The system uses complicated calculation techniques and you will need a solid and fast computer to perform these tasks effortlessly.
ProFx 2.0 is a semi-automated forex trading strategy. It is mainly intended for intraday and swing trading. The program is 100% rule based and will provide you with detailed trading signals. It also continually analyzes the forex market. Notifications can be sent through SMS or e-mail.
- ProFx can be used on all major Forex markets
- It has a very easy to understand interface
- It guarantees stable profits during all kind of market conditions
No experts required
The beauty of ProFx 2.0 is that you do not have to be a currency trading expert to run it and execute its notifications. All you will need is a working computer and a live trading account with a forex trader/agent.
There are some aspects of ProFx 2.0 that are less attractive. The main disadvantage is that it doesn’t support Asian currencies. Furthermore, you will need a good computer to run the program, just like EA Shark.
Both forex trading systems are performing very well. However, if you are a beginner, we would recommend you to use ProFx 2.0. The easy interface and simplicity of making transactions makes the complicated forex trading understandable, even for newbies. If you are more experienced with forex trading, I would suggest EA Shark.