Currency Cash Machine is the name of the new mirror trading service from Mike Maffei, who is a professional hedge fund trader. He has access to the order flow data of all of the major banks such as Bank of America, Barclays, Citibank and UBS, etc (who help drive the prices of the various different currency pairs), and has a huge advantage because he is obviously able to make profitable trading decisions based on this data.
He has been making huge profits trading this data based on his own proprietary trading system for a few years now, and is now going to help others profit from this data as well.
He is not offering access to this bank flow data, or indeed the trading system that he uses. However what he is offering (through the Currency Cash Machine membership) is the opportunity to mirror trade every single one of his trading signals automatically in your trading account.
So in other words every time that he opens or closes a trade, it is automatically replicated in your own forex trading account at the same time. Considering he made more than 4000% profit in 2010 and some equally impressive gains in 2011, this seems like an excellent deal. In fact it seems almost too good to be true.
However he provides an in depth look at his three different trading accounts, that have all been verified by an independent body, and the results do look genuine.
I am always sceptical of huge profit claims even when the results have been independently verified, but the fact that he uses bank order flow data, which gives you a huge advantage and is very hard to get hold of, does make these kinds of gains more achievable in my opinion.
Anyway the good news is that you can try out these automated trading signals risk free, either in a live trading account or a demo account, for 90 days.
If you would like to take up this offer, or simply want to find out more about this service, you can do so by visiting the official Currency Cash Machine website. Here you will find a video that will explain everything in a lot more detail.
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