My Oracle Trader Review and Bonus

Note: Don’t Buy the Oracle Trader Without the Amazing Bonus Below

I was recently invited to promote the launch of a new product called Oracle Trader from a guy named Dustin Pass. Those who receive my weekly newsletter know that I usually don’t get involved in the hype of these big launches, but after I had a quick look at their website I realized that this was truly something different..

CLICK HERE to Buy Oracle Trader And Get My $497 Bonus (Launch: 9 Aug 2010)
(Read more about this bonus and find out how to claim your copy here)

The first thing that I liked about Oracle Trader is that it’s nothing like the garbage we are so used to seeing. It’s not a Forex robot, it’s not a manual trading system and it’s not a signals service..it’s something truly unique that we don’t see every day. The second thing I really liked about Oracle Trader is that it’s a news trading system. I have been looking for an effective method to trade news releases with for a long time and this is by far the best one I have found so far. The third thing I really like was they asked me to test the system for free before I write my review, which is a sign that they trust in their product and its performance.

I accepted their invitation and logged into their membership area with my test account too see what this system is all about. They said that this was going to be the biggest Forex launch of the year and it didn’t take me long to see why. As far as news trading goes this product is definitely going to set a new standard. Oracle Trader is the first product that I have seen that makes it possible for anyone to profit from news releases, even if you have zero experience.

The Oracle Trader service gives you the ability to profit from any of the many news releases that affect the Forex market every week, but all you really need to do is focus on the 15 to 20 high impact events that Dustin Pass trades in the live trading room. The Oracle Trader desktop software will give you all the information you need in order to trade each event, including a very clear buy, sell or “no trade” signal that is generated the second after the news report is released.

CLICK HERE to Buy Oracle Trader And Get My $497 Bonus (Launch: 9 Aug 2010)
(Read more about this bonus and find out how to claim your copy here)

One of the best things about the Oracle Trader software is the fact that you can virtually automate the whole process of news trading. Once Dustin Pass has entered the data for an upcoming news release into the system, you can use the amazing “auto click” feature to automatically place an order in your trading platform when the news is released. Depending on the actual figures that is released, the software will either place a long or a short trade, or it will stay out of the market.  I was surprised to see how well this feature works and the best part is that it works with any broker platform. Then if you use Metatrader you can also use the EA they provide to manage the trade from there.

CLICK HERE to Buy Oracle Trader And Get My $497 Bonus (Launch: 9 Aug 2010)
(Read more about this bonus and find out how to claim your copy here)

The other component of the Oracle Trader that is really worth mentioning is the live trading room. Dustin Pass joins the trading room 15 minutes before each news release and you can watch over his shoulder as he prepares for and executes the trade using the exact same software you have on your own computer. This is a great way to get up to date information about the trade, meet other members of the program and ask any questions you may have about the trade.

One of the most valuable things of this system (apart from the highly accurate triggers that Dustin will teach you) is the fact that you can get in and out of the market so quickly. If you use the auto click software you can literally be in the market before the big movements start and be out of the market before the big movements end, which is basically what news trading is all about.

So, is this product worth buying or not? I’ve only been testing it for a whort while, but I’ve seen enough to know that it is a very profitable system. The Oracle Trader triggers are not based on some “secret” formula or black box system that is not revealed to you.. it’s based on well known news trading principles that all the good news traders use. Every buy or sell signal is based on a simple set of rules and it won’t take long before you will understand exactly why each trade is taken (if you care to). To me this is quite important, because it means that you’ll know how to make money even if all the tools are taken away. I think this product is truly unique and definitely worth the money if you have any desire to become a serious Forex trader.

My Exclusive Oracle Trader Bonus

Initially I didn’t plan to offer any bonuses on this product, but then I saw the crappy bonuses that some of the other affiliates are offering, so I decided to put in some work and see if I can come up with a bonus that will really add value and compliment the Oracle Trader product. It took some thinking, but eventually I came up with something that I think you are really going to like. Click on the link below to read more about this..I guarantee that you won’t be disappointed.

CLICK HERE to Buy Oracle Trader And Get My $497 Bonus (Launch: 9 Aug 2010)
(Read more about this bonus and find out how to claim your copy here)

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Oracle Trader: An Easy Way to Successful News Trading

News trading – or trading based on the release of important financial or economic data – has been a mainstay of Forex trading since the very beginnings of the market and many of the most successful traders today still utilize the technique. Usually based on breakout trades set up as a position consolidates ahead of a major news release, the technique is well established but takes some time to learn. Using alternative and minor news sources to anticipate the new release’s contents has long been a well established practice, but again it takes quite sometime to learn what information to trade on and how to do so properly.

This is where the new Oracle Trading System comes into play. Devised in large part by Dustin Pass – CEO of ForexTradersDaily.com and a well known fund manager with years of experience and a rich track record – the Oracle trading System is designed to help people become effective news traders based on the experience that Dustin has accumulated over the years. The underlying strategy is to trade on the deviation between the estimates issued by analysts and the actual figures in the news release, which means timing is the key feature as opposed to other news trading systems that are based more on tracking down alternative and subsidiary news sources to anticipate major announcements. While the basic fundamentals of the system could be worked out by anyone over time, the advantage of the Oracle Trading System is that it takes the accumulated experience of one of the market’s best known traders and gives it to you.

The Oracle Trading System is not labour intensive and usually only generates between three and four large trades per month, which the system determines and makes on your behalf. Yet, despite this functionality, the Oracle Trading System is not a trading bot (or “expert advisor”); but instead operates through a subscription service so that new information and variable can be added directly by Dustin Pass and his associates as needed to keep the system current. Further, as a subscriber to the system, the user also gets access to the “Profit Center” which is a live online trade room featuring Dustin Pass in person, explaining what is happening and how to take advantage of it as well as providing new information.

The mechanics of the Oracle Trading System is unique, but it offers a brilliant opportunity for people to become effective news traders while avoiding the years of trail and error that this process usually requires. Further, Dustin Pass is an established figure and his trading history and track record is there for anyone to see. If you have been considering new trading, or have simply been looking for a trading system that does not require too much of your time, the Oracle Trading System should certainly be among those you take a look at.

Click Here to Buy Oracle Trader and Get My Special $497 Bonus
(Read more about this amazing bonus here)

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Oracle Trader: What is News Trading And Does It Work?

News trading, in the most basic sense is simply trading based on the release and results of new reports and other news information and its probable effects on the relevant market. The basic idea of basing trades on newly released information is common to most markets and especially commodities markets, including Forex (“foreign exchange” or the international currency market). New information – frequently in the form of new statistical data released by governments and central banks – usually has a short-term effect on commodities markets; therefore the clever trader that knows how to exploit these trends can quickly make a tidy profit, though as always there are no guarantees. Learning how to successfully engage in news trading takes time, but is well worth the effort.

The most common types of government or central bank news releases that have a direct effect on the currency markets include business sentiment surveys,  industrial production, inflation reports (either consumer or producer prices), interest rates decisions, manufacturing sector surveys, retail sales, trade balances and unemployment figures. Secondary information, such as various consumer confidence surveys and the like can also play a useful role, though the effects are usually considerably smaller. Most of the time, news traders use released news information primarily focused on the countries whose currency pairs they are trading. For example, statistical data from the United States frequently plays a major role in the Forex market since almost half of all currency pairs traded involve the U.S. dollar. However, with the world so closely connected and international finance being so inter-related, even news reports stemming from other countries can have a direct bearing on currency values, at least in the short term. For example, growing drug violence in Mexico has affected US dollar values and political instability in Moldova has affected Euro in the past.

Determining precisely what news sources to rely upon and developing a news-based strategy can be considerably trickier than it seems. In general, most news traders try to identify periods of consolidation ahead of a major news release and then try to trade the breakout based on this number. However, this is actually a lot trickier than it seems because it only really works in instances of a major announcement and more often than not the expected number upon which the consolidation is based turns out to be correct.  Further, immediately after the announcement there is frequently a lot of market volatility which may or may not work in your favour.  There are, of course, other ways of trading on news as well, but the breakout strategy is the most common and if you want an alternative you may well have to develop it yourself or trade through unusual options like FX SPOT options.

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Welcome to My Oracle Trader Review

This blog will be a review of the Oracle Trader program by Dustin Pass.

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