This is the first week that I’ve had my full setup done for the FAP Turbo EA. It took  a while to get things working correctly on my Virtual Private Server (VPS), Forex VPS so if you are considering using such a service then please make sure you allow some time to get everything working correctly.

Initially I had problems getting the screen resolution on the VPS correct but did manage this eventually. I think one of my other programmes was interfering somehow. Once I had that set up getting the FX Pro Meta Trader installed gave little problem.

Installation of FAP Turbo went relatively easily although it did take a few attempts for my account to be recognised.

The Forex VPS service costs $35 a month which I think is a worthwhile investment as it means I don’t have to worry about any problems with my broadband connection or other technical issues.

The first week of trading in this way has shown a profit on my live account although there was a loss on Monday which everyone suffered from. Hopefully it will be onwards and upwards from here.

There seems to be a lot of interest being generated about Forex Auto Scalper at the moment. My previous post will give those unfamiliar with this new robot some details.

Following close on the heels of this Forex Robot the developers have also sent out details of a trading strategy that they are calling ‘Slingshot 30M Mechanical Forex System‘ – catchy name or what!

Unlike the Forex Auto Scalper this is something that you would need to pay close attention to if you want to use it. It’s essentially a methodology that Martin Alexander uses to make small regular gains.

When you go to the ‘Slingshot 30M Mechanical Forex System‘ site you will find two videos. The first gives the overall background, why and how the system works and what the criteria are. The second video shows examples of trades that he has made.

For those who would like to download the two videos rather than stream them you can find them here

I think I will stick to the Forex Auto Scalper as it is less work for me.

Personally I won’t use it as it requires you to be glued to the screen concentrating very hard for what could be long sessions. However, Martin does say that his clients have asked for such a system so he has decided to release it.