Fap Turbo was unveiled on 25 November 2008 and there was so much excitement surrounding the product kick off that numerous copies were distributed on the 1st day. Exactly why all the buzz? Due to the fact Fap Turbo is altogether different to all or any other Forex trading robots easily available on the market today, it’s as basic as that. Does Fap Turbo really work ? The quick response to this is yes, it does work and also it can end up being extremely rewarding, if you are using it correctly.

What exactly is unique about Fap Turbo? To begin with, the Fap Turbo manufacturers use genuine live trading to demonstrate that their system performs and you are able to see the program trade in real time on their website. A lot of additional products use backtesting reports, which may possibly be faked and can be very different to live trading results, but the Fap Turbo designers possess so much faith in their product, they will publish their own live accounts right in the Fap Turbo home page for everyone to observe. Live trading is actually executed in the Fap Turbo Homepage in a small ($370), medium ($2500) as well as large ($10,000) live account.

Subsequently, Fap Turbo offers solutions to issues which might be present with other Fx software available on the market. The most frequent issues are that no stop losses are used and that high-risk buying and selling tactics like Martingale are employed to create high success rates. These two methods cause high drawdowns that could ultimately wipe out your whole account during a large losing streak. On the other hand, Fap Turbo offers you reduced drawdowns, a fixed stop loss strategy for less dangerous trading and many brand-new features which haven’t been seen before within the Fx robot industry.

    *  Short term Trading Strategy The short term trading strategy of Fap Turbo uses a very profitable scalping technique which trades 4 of the principal currency pairs inside the fifteen minute time period. It is very important to remember that it’s not the type of scalping method which brokers hate..it performs only 1 to five trades each day with incredibly rigid money management. The Short Term strategy really features a considerable amount of intelligence built in along with various filters are used to ensure that only the ideal deals are considered. One of the finest options that come with this system may be the so called “Stealth Mode”, which introduces false stop loss and take profit targets in an effort to conceal the actual values from brokers..the best way to avoid turning into a victim of such things as stop hunting and various other questionable broker methods.

    * The Long Term Trading Strategy The long-term trading strategy is quite simply an edited and improved upon edition of Forex Autopilot. The Fap Turbo designers were given permission from Marcus Leary to adjust the Forex Autopilot code to see if they may possibly correct the disadvantages and sell it as another product. What they finished up with is a program that’s much more secure and more successful than the first Forex Autopilot. A fixed stop loss technique was put in place to minimize drawdowns, greater profits are obtained from successful trades and a wide variety of filters and indicators were integrated to be able to avoid trading during high risk and erratic times.

    * Documentation and Training One thing I observed instantly is that the Fap Turbo documentation and training materials tend to be a lot more detailed compared to ones you receive with various other Forex robots such as Forex Autopilot. All setting are described in some depth within the guides, even the ones its not necessary to alter and additionally there are video clips within the member area to show you the best way to create the Fap Turbo bots on your computer.

    * Member Forum Yet another thing that Fap Turbo has that you won’t find with numerous Forex robots is a member community forum (primarily due to the fact the majority of Forex trading bots don’t work and the designers don’t want individuals to talk about the product). As part of your order you also receive full entry to the exclusive Fap Turbo member forum, and also the widely used regular coaching sessions.

Is Fap Turbo Profitable?

Both long and short term strategies of Fap Turbo have been very productive thus far. The short term strategy rarely produces any losing trade and any time it does the deficits tend to be small. The long term strategy creates significantly larger earnings than the original Forex Autopilot, but is also less dangerous because of the fixed stop loss parameter and also improved trade filters. I tested Fap Turbo in a demo account for a couple weeks and the results were as follows. My personal $5000 demonstration account has nearly doubled to $9466 over the two week test period. A net profit of  1818 pips were accomplished, comprising  1468 pips by the long term strategy and  350 pips from the short term strategy. At first the long term strategy of Fap Turbo appears much more successful, however you must observe that the short term strategy is very secure and incorporates a high success rate, thus it’s a much more conservative strategy. The long term strategy of Fap Turbo offers larger profits, but also greater drawdowns and in the long run presents more risk. The two strategies have a success rate of roughly 92% so far and at this time there have only been seven losing trades out of an overall total of 91.

Recap Cattle Market Report for 8/4/2010

The market closed slightly lower on the session after choppy and two-sided trade. October cattle saw a firm rally in the overnight session but traded moderately lower on the day into the opening of the day session. Continued weakness in the beef market and fears that the lower beef will pressure packer margins and force cash lower on the week helped to pressure. News of record high temperatures in Kansas helped to support the overnight gains and speculative buying helped support the bounce off of the lows. Cash cattle traded $93.00 last week and margins are still deep in the red so traders are not too optimistic that packers will be willing to pay up for cash this week. Boxed-beef cut-out values at mid-session came in at $150.62, down $.08 on the session and down to the lowest level since mid-March.

Recap Hog Market Report for 8/4/2010

October hogs closed near unchanged in choppy and two-sided trade. Traders see heat in the forecast for next week as a reason to suspect declining supply but also weaker demand and strong demand for pork product has been seen as the primary reason for the recent two-week rally to contract highs. Ideas that the market is overbought and that supply will be on the rise into late August and September helped to limit the advance. Cash hogs were steady today. Weekly average weights for Iowa/Minnesota for the week ending July 31st came in at 267 pounds which is down from 268.4 pounds last week and 266.8 pounds last year.

After reading ï»¿today’s analysis,traders might want to take a peek at the commercial traders  momentum.  The Commercial Trader momentum can be tracked by using the Commodity Futures Trading Commission Commitment of Traders reports.  Our idea is that, in a value driven commodity futures market no one knows fair value like the people who produce it or, have to use it.  In fact, it is precisely their sense of value that provides the commodity market’s rhythmic meanderings that swing traders love so much.  Let’s face it, producers know when their product is overvalue and it should be sold just as well as end line users know when they should be stocking up at low prices.  Therefore, trader should be able to incorporate this valuable information into their future market education.

The daily commentaries provide a rundown of each commodity’s traded price activity, an analysis of the factors that influenced price activity, a rundown of any reports released that day, and a look ahead at the next day’s schedule.  Market commentaries for soybeans, corn, wheat, silver and gold are provided by CME Group.   The information in the Market Commentaries was obtained from sources believed to be reliable, but we do not guarantee its accuracy. Neither the information nor any opinion expressed therein constitutes a solicitation of the purchase or sale of any futures or options contracts.

Andy Waldock circulates this blog.  Andy Waldock is a financial advisor, trader, analyst, broker and asset managerfor Commodity & Derivative Advisors, located in Sandusky, Ohio.  Therefore, Andy Waldock may have positions for himself, his family, or his customers in any commodity future market reviewed. The blog is meant to develop a discussion and educate those with an interest in the commodity future markets. The commodity markets employ a high degree of leverage and commodity trading  may not be appropriate for all investors.  Investing in the commodity futures could result in considerable risk.  If you are interested in reading other published articles, commenting  on his publications or subscribing to Andy’s blog, please visit http://blog.commodityandderivativeadv.com, or if you have any questions, please call 1-866-990-0777.

Cattle Market Report for 8-5-10

October cattle was able to run higher early in the session and post  new contract highs shortly after the day-session opening before drifting lower to close moderately higher on the day but down near 75 from the highs. Funds were active buyers cattle even with weakness in the stock market and a sharp break in hogs. Weekly U.S. beef export sales came in at 9,300 metric tonnes, compared with the prior 4-week average of 12,400. Cumulative sales for 2010 have reached 415,000 metric tonnes, up 33.1% from last year’s pace. Boxed beef cutout was up $0.20 at midday to $151.47. 

Hog Market Commentary for 08-05-10

The market pushed sharply lower on the session as funds turned active sellers early in the day based on weaker cash markets and fears of a minor bump in near-term supply during a period of weaker demand. Cash markets were lower than expected this morning and there was a perception that the market has become overbought recently. The short-term supply could jump due to sharply higher grain prices and this helped drive the market sharply lower even though corn prices moved from sharply higher to lower on the day. August was trading at a significant premium to the cash market and when cash hogs traded steady to $2.00 lower on the day, selling was active. Ideas that the Midwest may be too hot next week to move hogs added to the negative tone as traders see the possibility that producers will move those hogs this week ahead of the heat.

After reading ï»¿today’s analysis,traders might want to take a peek at the commercial traders  momentum.  The Commercial Trader momentum can be tracked by using the Commodity Futures Trading Commission Commitment of Traders reports.  Our idea is that, in a value driven commodity futures market no one knows fair value like the people who produce it or, have to use it.  In fact, it is precisely their sense of value that provides the commodity market’s rhythmic meanderings that swing traders love so much.  Let’s face it, producers know when their product is overvalue and it should be sold just as well as end line users know when they should be stocking up at low prices.  Therefore, trader should be able to incorporate this valuable information into their future market education.

This blog is published by Andy Waldock.  Andy Waldock is a financial advisor, analyst, broker, asset manager and traderfor Commodity & Derivative Advisors, located in Sandusky, Ohio.  Therefore, Andy Waldock may have positions for himself, his family, or his clients in any commodity future market discussed. The blog is meant for educational purposes and to develop a discussion among those with an interest in the commodity future markets. The commodity markets employ a high degree of leverage and commodity trading  may not be appropriate for all investors.  There is substantial risk in investing in commodity futures.  If you are interested in reading other circulated articles, commenting  on his publications or subscribing to Andy’s blog, please visit http://blog.commodityandderivativeadv.com, or if you have any questions, please call 1-866-990-0777.

The daily commentaries provide an analysis of the factors that influenced price activity, a recap of any reports released that day, a rundown of each commodity’s traded price activity, and a look ahead at the next day’s schedule.  CME Group provides market commentaries for soybeans, corn, wheat, gold and silver.   The information in the Market Commentaries was obtained from sources believed to be reliable, but we do not guarantee its accuracy. Neither the information nor any opinion expressed therein constitutes a solicitation of the purchase or sale of any futures or options contracts.