Today further information was made available where a free e-book was released explaining several aspects or Forex trading, the role of Forex EAs in trading, scams and other things. The small book also explains how to perform a proper back tests.
Anyway this information is of no interest to me since I have been writing on these issues of scams, hyped robots and the rest for over 2 years now. In fact last week I have released another article – Top 3 Technical Reasons why Robots Fail which I am still waiting to be published on a number of sites. I am glad that Andrea Salvatore (creater of Forex Crescendo) shares my same point of view of why traditional robots fail. No I have not copied from him, and he either. My article goes into more technical detail though – sorry Andrea. I will post the link later on since as I said it is still waiting for approval! It is a quality article, can’t understand why they take so long to approve.
Anyway, back to Forex Crescendo. In this short e-book, it was revealed that thew EA will trade
- GBP/USD
- GBP/GPY
currencies only. Do not disappointed since only 2 currencies will be traded. In fact this is a great news.
These two currency pairs are among the best (if not the best) on volatility, hence they move quite a lot. Think about it. Will you make money if they market do not move? You will not, you will loose money instead.
GBP/USD is volatile but very stable in fact it is one of the recommended currencies for a newbie to start learning, apart from EUR/USD. GBP/GPY is very wild and moves a lot. In fact I bet some bucks that we will have most trades in this currency!
Furthermore according to Andrea, these where the two most currency pairs that performed bast during their extensive testing so t is wise to stick to them.
Tomorrow I will be posting some more hard fact results. Keep yourself posted!
Tags: andrea salvatore, forex crescendo, Forex Crescendo Results, Forex Crescendo Review, forex crescendo scam, forex crescendo settings, forex ea


