Alan's Forex Blog

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Forex Crescendo Live Webinar Posted: 22 Sep 2010 07:24 AM PDT Hi everyone, Today (Wednesday the 22nd) at 1 PM EST (5 PM GMT) Andrea Salvatore is hosting a live webinar in regards to his new Crescendo EA. I’m thinking you folks have already heard about this up-and-coming forex robot. But if not, now is a good time to catch a peek and get your questions answered directly by the product’s creator. Anyways,  in case you can’t make it today’s webinar, there will also be another webinar tomorrow (Thursday the 23rd) at 9 AM EST. Forex Crescendo will go live for sale on September 28th, so before that happens you can have any of the questions you may have about it answered by the programmer himself. Follow the link below to register. http://alansforexblog.com/links/forex-crescendo Andrea will answer questions about Crescendo, but also answer questions about EAs in general. Here is a short list of the topics he will be covering, but of course, he will answer any other questions you have about it too. Andrea will answer questions like: Q – Can you really make a profit trading robots? Q – How come every trading robot I have tried seems to lose? Q – Can I really believe in the incredible results of the Forex Crescendo EA? Q – What is it about Crescendo that’s so different from all the others? Q – How can I make my existing trading robot better? Q – What should I be looking for in a robot? Q – Do manual trading systems make good EAs or not, and why? Q – Why backtests don’t always tell you the truth? Q – How safe is the Crescendo EA? Q – Which pairs will the Crescendo EA be able to trade? Q – Will the Crescendo EA be updated regularly for market changes? Q – Will it work with 4/5 digits brokers? Q – Is it NFA rules compliant? Q – And much more… Follow the link to register for the webinar, it should be interesting for sure. This EA is co-marketed by Mark McRae from SureFire Trading Challenge fame, and since Mark’s previous forex product launches haven’t been outright horrible as the majority of them out there I feel a bit more confident in giving this Crescendo EA a second look. Andrea will talk about aspects of EAs that most of us have not considered before. http://alansforexblog.com/links/forex-crescendo Cheers, Alan P.S. If you miss the webinar today, there will be another one tomorrow (Thursday). You can register for either one of them now by following the link below. http://alansforexblog.com/links/forex-crescendo Share and Enjoy:

Long EUR/USD – 400 Pips and Counting Posted: 21 Sep 2010 10:16 PM PDT Hi everyone. Here is an update on my eur/usd long position I discussed in my previous trading journal update. So far so good I’m up 400 pips and counting. EUR/USD has taken a breather around the 1.3290 price area, but the European session is soon due to start so maybe the Europeans will push this baby further up. C’mon London, you can do it So to recap. I entered long with two identical positions at 1.28750 and now price action is at 1.32920. Trade were taken on my live MB Trading account. I want to show you a chart of eur/usd bouncing off the top of the H1 SHI Channels but I’m not in front of my computer at the moment so I can’t take a screenshot unfortunately.  Suffice it to say in my opinion entering long at this price level is a risky proposition. If price continues to break above resistance levels then it is a further confirmation that the uptrend is continuing to unfold, thus placing a long position (if you’re sort of ‘late to the party’) could be OK. My long term profit level is 1.34xxx. I think the eur/usd will at least touch 1.33. OK, that does it for this update. I wish you all many pips! Cheers, Alan Share and Enjoy:

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