Thanks for adding your comment.

No I haven’t tried Ivybot. I agree with you that price action and technical analysis works as I too have been trading for some years now too! I think for some the psychology of trading can be an issue so using the robot software or an automated system is a good tool. I was impressed with the Ivybot as it offered 4 different currency pairs to its portfolio. As far as I’m aware, its the only software on the market to do this. As we both know from trading technicals each currency pair has its own identity and think the creators of Ivybot have done well to address this.

What are your thoughts about Forex robots and automated systems? My view is that there must be a demand otherwise it wouldn’t be worth the cost implications in developing new software. Quite a few Forex brokers offer some kind of automated systems…..there must be a demand! You can see from these Forex Broker reviews how many offer this service.

Let me know your thoughts and good trading.

Many thanks

Annabel

That was a great article on the Ivybot. But have you really tried it out yet? There are so many hype out there and I believe this may be another one of them.

I have been a full time trader for some years and I can say so far only technical analysis and price action works for me. What about you? I have written quite a number of articles in my blog and you can take a look.

Regards,
Dan