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Automated Forex Cash System Review

Automated Forex Cash System ratings:
2 votes, average: 2.50 out of 52 votes, average: 2.50 out of 52 votes, average: 2.50 out of 52 votes, average: 2.50 out of 52 votes, average: 2.50 out of 5 (2 votes, average: 2.50 out of 5, rated)
Write your own review of Automated Forex Cash System

automated forex cash Welcome to the Automated Forex Cash System reviews page!
True to its name this software is completely automated. It is designed by a guy who learnt forex trading the hard way. It is easy to install and is one hundred percent efficient in its functioning. For an average trader it takes about 15 minutes to create an account and understand how it works. It works with any forex broker and in all forex markets and is applicable to whichever currency pair you wish to trade in. It just takes 5 minutes to get the software up and running. You are provided with a facility to work on a demo account too, and that is an advantage because you can test this software and see if it aligns with your trading plans.

Automated Forex Cash software has been developed by John Chen. Chen has also been linked to the development of other successful forex trading system’s software like for example “Profitable Trend Forex System” and “Impact Trading Systems”. John is one of those few people who firmly believe that in forex trading you don’t have to learn to interpret Forex charts, technical analysis, and fundamental analysis and so on. On the contrary the creator of Automated Forex Cash trading system software feels it is enough if you have a proven system that works consistently, which is what Automated Forex Cash is all about . Chen’s Automated Forex Cash trading system is precisely meant for the forex trader who doesn’t have time for reviewing the technical analysis of the market.

Features

Automated Forex Cash is 100% mechanical in its functioning. First you have to install the software in your computer. The software package comes along with a step by step installation manual.
If you were a beginner using Automated Forex Cash you could be a bit disadvantaged in the sense you could find it difficult to install the Automated Forex Cash System in the Meta Trader 4 platform. It requires strictly following a step by step process. Remember it works only in Meta Trader 4 platform.

Once you install this software in your computer, it could easily be understood by just about anybody, starting from the newbie to a professional trader. Automated Forex Cash works by generating default Buy/Sell signals. When a “buy” signal is delivered an Up Orange Arrow will flash next to the caption “We have a buy signal” alert along with a sound signal. Next you will see a text alert that will ask you to place your stop loss. When the exit signal for a long trade starts it will show as “Exit our long trade now”.

The best part is that, this software works even if you start trading with just about $250 or so. It is seen that this software when programmed for the 1-hour chart gives the best results.

Automated Forex Cash system comes with an e-book titled “Forex Essentials” that will teach you a few things you need to know about Forex trading. Automated Forex Cash system software costs $97 with an unconditional 56 day money back guarantee.

One main disadvantage of using Automated Forex Cash system software or any other software for that matter is that it doesn’t really teach you anything about Forex trading apart from doing trades automatically for you. So you are not really involved in the trading process and you don’t need to do any analysis, make any decisions, nor monitor the market. On the contrary for the experienced trader, Automated Forex Cash system software is most likely to be just another tool in his trading armor.

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8 Comments»

Comment by simi
2008-06-05 18:19:38

Statistically 92% of traders loose money. Why? Because they dont have a system to follow.Result-small traders get their pockets picked.Until I found Chens software it was losses for me awhile.But now all that has changed.This cash system really works

simi did not rate this post.
 
Comment by newman
2008-06-06 18:18:13

Its meant for the small trader who doesnt know much about forex and yes, you wont become forex-knowledgeable with this one.Did you actually get into profits?

newman did not rate this post.
 
Comment by reeta
2008-06-17 18:57:57

Nice thing he doesnt promise to make you a millionaire overnight.First time I am running into a software meant for the busy guy.

reeta did not rate this post.
 
Comment by albert
2008-06-19 15:21:16

Guy uses simple EMA as an indicator.I could get that free too, only I am paying for this. So whats new?

albert did not rate this post.
 
Comment by sobers
2008-06-21 15:28:16

Albert, I too use it as indicator. Agreed I dont have to buy Chen software when I could simply get it free.But thats not the idea, because you get three software pieces working together to give you scientific entry/exit point—I would have to probably pay each time I get this signal, but got to pay only once for this software.

sobers did not rate this post.
 
Comment by rupa
2008-06-23 19:16:07

I dont think it uses any indicator at all and so really dont feel comfortable unless I know how he works this out—I mean the technicals.Pure plug and play is it?

rupa did not rate this post.
 
Comment by andy
2009-08-14 08:35:53

Auto Fx Cash doesn’t mirror any strategy. The advantage in using it is, you don’t need to know about fx charts, technical analysis, fundamental analysis or whatever. And it works with just about any broker you have out there. You don’t have to believe what anyone says about the software, as you can just hook on to a broker, and try out the demo account software. Just takes a few minutes to get it up and running and see if it works out for you.

Fx Cash is cent percent mechanical. That’s what is impressive about it. Besides it’s a proven system that seldom fails. But it’s only compatible with Meta Trader 4 platform, so if you are a beginner that’s the only thing not to your advantage. Otherwise once you get past the installation stage, it works just like magic. Just have $250 in your account and you could use Fx cash.

Up comes the orange arrow when you have a buy signal and the exit outgo is equally a visual treat. You ask me and I would say it works best on the hourly chart. Don’t worry about your account balance as you could make it work with just a few hundred dollars. AF Cash makes you think that forex trading is really very simple as you don’t have to know about forex to be going about doing it with AF Cash. Call it your forex trading brain. Forex Essentials is an e-book that comes along with automated forex cash. It sure could teach you a few things about forex trading, that you couldn’t have learnt elsewhere!

andy ratings for this post: andy gives a rating of 3andy gives a rating of 3andy gives a rating of 3andy gives a rating of 3andy gives a rating of 3
 
Comment by stanton
2009-08-24 13:10:59

There’s nothing like a 100% mechanical system.After all don’t you have to do something manually to make the trades. Some brokers the moment they detect a robot working, they tend to outdo the trades

stanton ratings for this post: stanton gives a rating of 2stanton gives a rating of 2stanton gives a rating of 2stanton gives a rating of 2stanton gives a rating of 2
 
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