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FAP Turbo was launched on November
25, 2008 with a lot of buzz and fanfare. Thousands of copies were sold on the very first
day of launch. Why all the hype? The answer to this is simple - FAP Turbo is
different than all the other forex robots available on the market. But the most important
question is, "Does it work?"
You bet it does.
Its objective is to provide a solution for people who want to trade the forex
market with no human intervention, i.e. using software to automate the task. It’s extremely
simple as well; all you need to be able to do is download a simple file.
It was designed so for users that have absolutely no experience or knowledge of
forex trading. The developer has made sure that the only thing the user needs to know is how
to download a file, and from that point on, everything is automatic.
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So let's take a closer look at why FAP
Turbo is, in our opinion, the best choice this year for a profitable forex trading
system...
FAP Turbo Rating:
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Our Rating Methodology
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Overall Rating
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How We Conduct Our
Research
We determine our rating score
by gathering and comparing at least 10 unbiased and unsolicited customer
reviews of the product. These reviews are also supplemented
with posts on message boards, blog comments and related social media sites.
Opinions are only analyzed if the author is unbiased and was not influenced by
a monetary incentive.
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What FAP Turbo Claims To Do:
FAP Turbo was created by 3 extremely talented IT
students named Steve, Mike and Ulrich. The developer took Marcus B. Leary’s initial advice and software code,
and reworked it into a totally different and much more powerful profit creating product, with a PERFECT
anti-loss mechanic that has never before been seen in another forex robot.
FAP Turbo has two built-in strategies:
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A Short Term Scalping Strategy
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A Long Term Advanced FAP Strategy
Each strategy is designed for its own timeframe and currency pair. For example, the long term
strategy works only with EUR/USD M1. The scalping short term strategy works with 4 pairs – EUR/GBP, GBP/CHF,
EUR/CHF, and USD/CAD, in a M15 timeframe.
You can find the full details of each strategy and their parameters in the FAP Turbo guide and the video tutorials (the
videos are actually very well done). The built in strategies are based 100% on mechanical rules. The rules are also
100% objective and have been backtested to verify they produce a profit for a specific period of time. Furthermore,
the developer provides proof that it works during live trading.
Best of all, it is designed for everyone, including beginners and intermediate forex
traders, so you won't need to be a technical expert to figure things out. You will also need a
MetaTrader 4 broker and they recommend ForexMeta.com.
As for results you are supposed to expect, this video will explain:
But how does the system measure up to the hype?
What FAP Turbo Actually Does:
I tested FAP
Turbo for a week, and I am convinced that this system is better than the Forex
Autopilot System (FAPS). The product makes trading safer and in the long run will be more
profitable.
Both the short and long term strategies of FAP Turbo were very
successful. The short term strategy hardly ever makes a losing trade, and when it does the losses are very
small. The long term strategy creates much larger profits than the original Forex Autopilot, but is also
safer because of the fixed stop-loss parameter and improved trade filters.
In the first 24 hours of trading in my demo account, the FAP Turbo system
made more than 500 pips of profit, and increased my $5000 demo account to $6077. This is an
unbelievable result for the first day and I am looking forward to seeing how it will perform
over the next month or so.
So, it looks like people actually can and do make money with FAP Turbo.
However, there are also people (like myself) who have lost money with it on certain trades. The best ways to
minimize your losses are the following:
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Make Sure You Choose The Right Broker
It is absolutely imperative that you choose a broker that offers a spread of 5 or less on EUR/GBP
between the hours of 21:00 and 01:00 GMT. This is critical to the success of FAP Turbo and the main
reason why some of my trades lost money. Interbank FX has a spread of 7-12 on EUR/GBP at the moment,
and since I grew impatient, I allowed the system to automatically trade under these conditions, which
resulted in unnecessary losses. A few brokers that are FAP Turbo friendly at the moment are Easy Forex, etc.
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Use a VPS
Even though a VPS (Virtual Private Server) costs money, it is an important thing to consider when
trading forex with a live account. I have lost quite a bit of money due to random power failures and
reboots, and I now firmly believe that a VPS is a key component when it comes to minimizing one’s risk,
especially if you live in a country that has unreliable power and internet infrastructure.
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Evaluate Market Sentiment
FAP Turbo is an
automated system that you can run 24/7, but sometimes it’s just better to turn it off under certain
trading conditions. The system performs extremely well under narrow, ranging type conditions, so if the
markets are highly volatile with large price fluctuations, it’s safer to put everything on hold and
wait until the next day. I would also recommend not to trade during days when big news announcements
come out. Properly judging market sentiment is discussed in great detail on the FAP Turbo member forums.
Conclusion: Overall, FAP Turbo is the
best forex trading system available, and when used properly, the most profitable. I’m not
sure if the current price of FAP Turbo will increase or if they will only sell limited copies, so if you’re
interested in getting started I suggest checking it out as soon as possible.
With a 60 day money back guarantee and
all of the instructional videos that FAP Turbo offers, this is a product you should try.
You can get your own copy of FAP Turbo by going
here - or by clicking the picture below...

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