31‏/07‏/2009

Automate your Forex Trading

Automate your Forex Trading
A lot has been made lately of auto trading your forex account. From fully automated trading robots to signals, auto trading can offer you some huge benefits. There are times that you just can’t or don’t want to, be in front of the computer. This doesn’t mean that you have to miss out on your trades. With the forex cutor there are several ways you can trade Forex with automated signals. From simple price alerts to full automated trade execution, the ForeXecutor can handle it all. This article will discuss briefly the types of trading and alerts that you can use to help automate your trading.
Using simple price alerts you can be notified when a price has been touched. These can be prices above or below current price action. Once the price is hit, you can be notified via text, email as well as the charting platform.
Buy/Sell signals can also be generated, but not actually executed to your live account, allowing you a little more control over the actual execution of the trade. This is a popular option during news events and periods of time when the market is expected to move extremely rapidly, but pull backs are also expected.
Full Auto execution can be achieved with the ForeXecutor. Once a Buy/Sell signal is generated on the charting platform the signal is sent to your broker from your trading platform, allowing the trade to be automatically executed.
In addition to the above clear cut trading examples, you can vary the type of auto execution you want at any given time. Full control of execution is given to the user at all times. Whether you want your trades to be automatically executed or you simply want to be alerted to a specific trade set up ForeXecutor has you covered.

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