Professional
Forex software is an absolutely essential resource for Forex traders who need to make crucial decisions in seconds. While some
Forex software packages may require you to interpret chart formations before making a decision, IntrepidTrader does this type of sophisticated analysis for you. It combines sophisticated Elliott Wave, Fibonacci and Darvas algorithms and delivers them in fractions of a second. Using this type of Forex software you can analyze the market more quickly than you may have previously imagined.
It's amazing how many people try to trade the Forex
markets with charts supplied by their broker or other free
online sources. Perhaps they don't even consider the
multitude of others who are looking at the same information.
And, while that approach may work for some, others realize
that they need an edge that is comparable to Forex software
used by professional traders. That's why Forex traders turn
to IntrepidTrader for Forex software that delivers the edge
that they need in today's competitive markets. So, unless
you are ready to consider how Forex trading software like
this could really set you apart from the crowd, you really
shouldn't even consider looking at the Forex example below
because you could find yourself changing the way you look at
Forex software forever.
Forex Trading Software Example
The 15 minute Forex chart below was created by data
supplied by eSignal. As you can see, IntrepidTrader's
Elliott Wave algorithm identifies an ABC Elliott Wave
correction. As the market breaks through the bottom of the
golden box surrounding the correction, a short entry was
triggered. Our stoploss order would have been placed at the
top of this box. As the trend unfolds, new boxes are
formed which allow us to move our stoploss orders and lock in our profits. As you see, this trade would have been stopped out for a 311% profit versus the initial risk taken. |
