Recent Posts

Blog Archive



Tuesday, August 12, 2008

Free Forex Signals - Learn the Secrets to Forex Trading

By John Callingham

Forex signals is deemed as one of the most essential factors that are given greater stress and emphasis when you hit the trade market. As a lot of people begin to rely on forex signals to provide them with a clear strategy, so as the search for free forex signals begin. True enough, there are various providers that give free signals however; this is considered short term reliefs since you never know when these free providers are going to pull the plug and the last thing you know everything's over. Therefore, you have to secure a kind of forex signal that will not only allow you to have free access to exchange currency market but also the ways on improving your skills.

Free forex signals served greater purpose of providing traders with the accurate signals that allows them to trail on repeated patterns and through this generate a prediction of how will the currency move. This is of the essence since as you begin to do your trade chances of acquiring a wrong move is inevitable and you will be left with nothing but to go back to square one and try your luck on your next trade. However, with free forex signals, you no longer have to endure anxiousness when trading as accurate signals are transmitted on your database.

Serious forex traders have greatly rely on free forex signals apart from its greater outcome, one of the most gleaned factor is its ability to reward traders with profits that they never imagine they can get. You can also try on investing forex signals and make this your partner for lifetime. As people would prefer to have subscription rather than the free ones it is never difficult to find one for your trade.

Accurate signals have become the indicators of the market's flow and behavior. These signals serve as your eye in the entire course of your foreign exchange dealings. Some of the factors that are provided by the forex signals are forex patterns, currency pairs, breakouts and Fibonacci levels. These are some of the things to look at when you are in a trade. This is precisely the reason why a trader without sufficient knowledge of the market will do no good in his dealings. These signals also provide traders of the idyllic timing when it comes to buying and selling currencies. The forex signal provides you with various information and recommendation if it would be favorable to buy or sell your currency. This type of recommendation is given by your provider or if you employ a broker then you most likely receive signals through an agent.

Forex signals are generally given on a daily updated basis and all are contingent on factual market analysis and behavioral flow and not on mere hearsays and other speculations.

Looking at the practical side, it would be a best option to go by free forex signals however, if you have the financial means to fund a subscription then you may acquire for one. But regardless of it being free or not, the underlying principle relies on the fact that forex signals are your way towards unleashing the secrets of forex trading.

Sick of not being successful with Free Forex Signals? Invest in other world currencies - Forex trading is one of the easiest and most profitable ways to generate money quickly. You must visit http://www.ForexReviewInsider.com to find out which systems are the most profitable and easy to use.

Currency Trading - a Guide For Beginners

By John Callingham

The Foreign Exchange market, also known as the currency market and simply referred to as Forex, is no doubt the largest financial market in the world, with traders all around the globe, from individuals to corporations, trading every hour on the dot every week, unlike most other stock markets that have fixed opening and closing hours. Once upon a time, currency trading was the domain of vast, international banks. These days, however, thanks especially to advancements in technological innovations and the dominance of the Internet as a business and communication tool, individual day traders now have the power to access the Forex market and trade to gain profits.

Nowadays, more and more people are turning to stock markets to generate extra income, what with the constant rise of the cost of living. People are experiencing the effects of the country's current economic crisis. While there are different kinds of stock markets to choose from, the Forex market has become the favorite choice, thanks to the profit-making opportunity it offers with its 24-hour operation. With free tutorials online, beginners can readily learn more about currency trading and what it takes to start trading in the currency market.

Before you can start profiting from the Forex market, you need to invest a good part of your time, and a couple hundred dollars, to get the ball rolling. First, you need to open a mini Forex account, which is the alternative account for those who cannot afford the fees required in a standard Forex account. You'll find that in your mini Forex account, the lot sizes to be traded are 10,000 of the base currency, as opposed to the 100,000 traded in a standard Forex account. But there's no need to worry. You can earn big no matter what your account, and once you feel confident about your trading skills, you can switch to a standard Forex account.

Currency trading takes place every hour of every day. This means that you have to be available at all times to trade, and you have to be informed of currency status in order to make good trading. To help you achieve this, you must adjust your sleeping and waking patterns. It can be tough, but a little sacrifice always goes a long way, especially in a market such as the Forex market where values are fluctuating, not fixed.

If you have the time and the budget, you could try attending a trading seminar or training session, at least for one day, for currency trading beginners. You can learn how to use technical data analysis and get tips from the experts on when to buy or sell a certain currency. Of course, you can also find forums and discussion groups that offer these things online.

The best thing you can do to keep yourself from missing good trading opportunities is by keeping up on current affairs not just in your country but around the globe. Watch the cable news channels and all sections of the newspapers. There are a lot of factors that contribute to the fluctuation of the values of currencies, including the country's political stability, environmental concerns such as natural disasters and epidemics, socio-economic issues, and the like. Study the rise and fall of interest rates, policies on import and export, and bank activities.

With these tips on currency trading, you're ready to head off towards the Forex market and earn those big bucks.

John Callingham shows you which currency trading techniques, systems, and strategies actually work and which ones do NOT. Learn how to profit off of rising world currencies at http://www.ForexReviewInsider.com

Forex Trading - This Proven Method Gives You a 90% Chance of Success!

By Kelly Price

The method is selling option premium on currencies. Option buyers have a 10% success rate, so the option seller who grants the option has a 90% success rate. Many forex traders never consider selling options and this article is all about selling option premium...

So if you can have a 90% chance of success selling forex options, why don't more traders do it?

The answer is - most traders prefer the idea of buying an option with unlimited gains and limited risk, and a low chance of success, to being on the other side of the option which offers a capped small gain and unlimited risk, with high odds of success.

If you want to be an option seller you have great odds - but you must be mindful of the risk and the way to control it is as follows.

- Sell option premium on high volatility up or down against the prevailing trend

- Spread your risk across several positions

- Use time decay to your advantage and sell near expiry when time is decay is killing value

Selling option premium is not for traders who are not confident, have a small account or don't like risk - it's a game for people who know what their doing. An option may have 90% odds of expiring worthless - but that's at expiry and prices can of course move "in the money" for the buyer in that period, or move against you.

If however, you don't mind trading tops and bottoms and can calculate over bought and oversold scenarios, you are confident in, it's one of the best ways to make money long term. Sure, you have a capped small gain but these mount up over time and can build serious wealth long term.

There are not many opportunities to trade with 90% odds of success - but that's what selling option premium gives you and for traders who are confident in their marketing timing, the rewards long term are huge.

NEW! 2 X FREE ESSENTIAL TRADER PDFS
ESSENTIAL FOREX TRADING COURSE

For free 2 x trading Pdf's, with 50 of pages of essential info on Successful Forex Trading Strategies and more essential Forex Education vist our website.

Forex Training - What I Need to Learn About Forex

By Peter H Williams

Perhaps the simplest response to anyone asking why they need Forex training is the - You need to Learn before you Earn. The Forex currency trading market is huge - the largest market by value of all the financial markets with an estimated trade of just over 3 trillion US Dollars per day. In very simple terms one person's profits is another person's loss - so being smarter will give you the edge. Furthermore 95% of the trades are by the currency or Forex traders hoping to make a profit. The remaining 5% are people, governments, and companies actually purchasing currency to purchase goods in another currency at some time in the future thereby ensuring that they have a known cost of goods.

You'll never learn how to avoid losing trades or trades that make a loss - but you should learn - with proper Forex training - how to minimise a loss and conversely maximise your gains.

In the first instance there is some good training material available from the company's looking to handle your trades. Some of these companies will provide you with access for free whilst others will allow you access to all the Forex training resources when you open an account and make your first deposit. Many of these broker companies will also allow you a dummy trading account - so that you can eventually trade with paper money - thereby not making any losses or gains.

In no time at all you'll understand the basics and then you'll begin to understand just how much you don't understand. Sounds a little crazy but if you get a solid grasp of the basics and understand exactly what a trade is then you'll be able top progress to understand other topics.

In the simplest of terms you can contact a broker (could be online) and ask them to conduct a trade for you. There will be a minimum of information you'll be required to ensure a trade is possible. You then leave your trade (a little like a stock) and odds are you'll probably end up losing money.

You will learn how to add automatic options which will come into effect when a trigger point is achieved. Other topics that you'll wish to understand are:

- How to calculate the cost of each trade and what the profit / loss is on your contract.
- Identify and generate Forex trend lines.
- How to identify the support and resistance of a currency.
- How to use Forex charts and other Forex indicators

Many people shy away from Forex trading because of high risk in this trading field. Although every capital market involves certain level of risk, the risk of loss in foreign currency trading market can be extensive. It would be wise to learn about the potential risk (and managing it) if you wish to trade in Forex market.

Once you understand the risks and how to manage them then you have a fundamental tool in your Forex training toolbox.

Learn & Earn - never a simpler statement. We'll provide you with forex training information. Where to get FREE forex training and other more comprehensive materials including forex video training.

A Forex Tutorial - Understanding Trade Options

By M. K. Chin

Most people may often heard of "trading shares" that is facilitated in the stock market or stock exchange but only few may know that aside from this, there is another form of trade that is being performed in the market. This trade is called "trading options".

Though it is a recognized form of trade in the various stock exchanges, trading options is greatly more complicated than that of trading of shares. Unlike in trading of shares, in which a buyer can be provided with a share of ownership in the company, trading options solely gives one the right to buy and sell at specific time and date.

Options are financial instruments that pass on the right, but not the obligation, to engage in a future transaction on some underlying security, or in a futures contract. (wikipedia.com). so if you are buy a share option, you can get the right to buy or even sell the original share at a fixed price at a specific time without any obligation.

There are three types of options namely Exchange traded option, Over-the-counter option and Employee stock option.

Exchange-traded options form an important class of options which have standardized contract features and trade on public exchanges, facilitating trading among independent parties. Over-the-counter options, on the other hand, are traded between private parties, often are well-capitalized institutions. Such institutions have negotiated separate trading and clearing arrangements with each other. Another type of options is Employee stock options. This is considered one f the important options particularly in the United States. This type of option is awarded by a company to their employees as a form of incentive compensation.

There are two known strategies that are normally used in trading options such as straddle and covered call. But between these two strategies, straddle is more popular.

Straddle is used when a trader assumes that the share price will move significantly; however, he is not quite sure where it is going to move. Covered call, on the other hand, is a strategy used, in which a trader buys a stock and sell a call. If the share price increases reaching a point beyond the exercise price, the call will then be exercised. However, if the share price drops, the trader will lose his money on his stock position.

Trading Options have several advantages over trading shares. One of the advantages of trading options is that it can generate money even in a static or declining market. Trading Options could also allow you to trade with higher amounts of leverage. Moreover, it can use more complicated strategies in order to secure your money, while generating more and it can be used as"insurance policy" to hedge a position.

However, though trading options provide several advantages, still there are some disadvantages. Trading options is not good for a long-term trading; it has a limited life. In trading options, shares may move to the direction, which you have predicted, but still that does not generate money and for you to make money, someone has to lose the same amount you have made.

Learning this first before using is an imperative, especially for the beginners. This trade requires a lot of patience. So if you want to make sure that you can have that patience, then you must have a long learning curve. As a matter of fact, there are a number of books and websites, in which you can seek for information about trading options.

Only someone who understands the right forex education can benefit with the lucrative market of forex. So, don't be left out!! MK Chin (MBA), a full time Forex Trader and Investor can give you the most effective forex tutorial on how to trade better with forex and achieve better return rates. Visit http://www.TheBestForexTraining.com and start forex training today.

Free Forex Education - The Best Free Sources to Help You Win

By Kelly Price

You don't need to pay for forex education you can get all the information you need free but you need to know what to look for - some sources that many traders believe are good simply are not, let's look at how to find the best sources...

Before we begin there is nothing wrong with paying for forex education as you can cut your learning curve but always be careful to buy a currency trading course that offers you something unique and gives you a trading edge but first check out the free sources, so you know what to look for.

First here are sources that won't help you win

Forex Forums

Most traders dispensing so called wisdom in these are losers or vendors selling product. No serious forex trader I know hangs around a forum, avoid them.

Freebies Where You Have to Input Your email address

Most of these ask you for your email before giving you some secrets of trading but there mostly what you can get on the net and include such great wisdom as - "trade with a plan" or "cut your losses and run your profits" , pretty obvious really!. All they do is allow the vendor to try and sell you a product later on, so if you don't want a full inbox move on...

News

Many traders want to trade forex news - but really this is doomed to failure. You can't trade news events and all the broker bank and investment house fundamental insight you read wont help you trade, so never be tempted to trade news events.

Good Research

You can get some great sites via organic searches, they have a wealth of information and you can get a lot of free reports that can give you an insight into trading.

What you really want are some ideas on trading strategy and how to use indicators to build a simple forex trading system.

So search out the free chart services and descriptions of indicators and learn about support resistance, chart patterns and breakout trading.

You can then put together your system and as a newbie base it on this.

1. Support and resistance

2. Choose one or two momentum indicators to confirm breakouts or support and resistance holding

3. Learn about Bollinger Bands and standard deviation of price - Knowing how to deal with volatility is a key to trading success.

If you do the above, you will have a robust simple trading system. You then need to find some information on what it takes to make a great trader in terms of mindset and look up the story of "the turtles" by searching turtles trading strategy, or search our other articles on this site.

This is a great lesson for any newbie and explains how a group with no trading experience, learned to trade in just 14 days, then went on to become trading legends and make hundreds of millions of dollars.

If you search online you will find a lot of good information and it is enough to construct a simple robust forex trading system. In addition, because you are learning from the ground up, you will have confidence in what you are doing and therefore the key element of discipline to stay on course and lead you to currency trading success.

NEW! 2 X FREE ESSENTIAL TRADER PDFS
CURRENCY RESEARCH and SYSTEMS

For free 2 x trading Pdf's, and more on the best FREE Forex Education visit our website at: http://www.learncurrencytradingonline.com.

USD Vs GBP - Which Way Are the US Dollar and the Pound Going?

By John J. Drummond

Ever since the end of the past year, the USD has taken quite a beating in relation to other currencies. The US economy is rife with problems with financial institutes erasing a ton of their profits, so this downfall was warranted. Yet is the time for the dollar to begin rising again has come?

There is no doubt that the USD exchange rates offer an investment opportunity for people who have strong nerves. In this article, I want to look specifically at the USD vs GBP currency pair. For anyone who's not familiar with the acronyms, it's the US dollar vs the Great British Pound or the English pound as it is also known.

Of course, what I write here is my opinion only and you need to make your trading decisions for yourself, but I believe that the currency USD - GBP exchange rate is heading for a shift in the USD's favor.

I make that prediction due to the financial news which is coming out of Britain and which is looking more and more ominous. It seems that the sub-prime crisis will not be limited to the US alone and that Britain, with its huge financial center in London is getting ready to declare some huge losses. These losses will unlikely go unnoticed in the GBP currency exchange rate. Furthermore, the housing market in the UK is undergoing a major downside. Prices have plummeted and I believe they will fall even lower. As the economy shows signs of stabilizing in the US, the tsunami hasn't arrived at the shore of Britain. But when it does, and I have no doubt that it will, the GPB will plummet.

Therefore, it is my prediction that in the USD vs GBP battle, the dollar is going to rise and may do so substantially.

To discover a way to make money on the forex automatically, click here: FAPS Review. John Drummond works from home. He writes often on business, trading, and finances. There is more than one forex trading software. To read John Drummond's review of the 2 best ones, click here: Automatic Forex Trading Software.

Understanding Forex Quotes & How to Use Them When Trading Forex

By Arman Logan

It's quite simple to read and understand forex quotes, if you just remember two things, which are very important.

1. The first thing to remember is that, the number which is listed on the left is called the base currency.

2. And the second thing to keep in mind, that the value of the base currency is always 1 and it never changes.

US dollar is the most traded money in forex market, and it's usually considered as the base currency for quotes. If the base currency is USD, then the number on the right will show how much of that currency you are able to buy for $1 US dollar.

When USD is the base money and the quote of the currency on right raises, it means that USD has become stronger compared to the other currency, which means you will be able to buy more of that money for the same price of $1 US dollar. If the quote rises, that means base money becomes stronger. If it falls, then the base currency weakens.

Exceptions

There are three exceptions to the rule I've explained above:

1. British pound (GBP)

2. Australian dollar (AUD)

3. Euro (EUR)

For these currencies, when USD is not the base one, a rising quote means the US dollar is weakening and can buy less of the other currency.

Simply, when a quote goes high, the base currency becomes stronger. If the quote goes down, the base weakens.

Cross currencies

There are some pairs, which don't include US dollar. Those pairs are called cross currencies. The above rules apply to them as well.

Bid & Ask

Forex quotes consist of two sides: bid and ask.

BID is the price at which you can SELL base currency.
ASK is the price at which you can BUY base currency.

A Pip

Forex prices are often quoted in tiny increments called pips, which stands for "percentage in point". A pip means the fourth decimal point out, or 1/100th of 1%.

As you can see, there are quite a lot of things that you need to know when trading forex. However, there is an excellent product called Forex Automoney, which makes trading forex much easier. If you don't have any forex experience, but still want to make money with forex, then you should consider reading Forex Automoney. You can learn more about by clicking here.

Forex Training - Fundamental Strategies, Technical Analysis and Risk Management Techniques

By Arkaitz Arteaga

Forex is the biggest market in the world in terms of the amount of money transacted. There are several huge players in the market. These are knowledgeable professionals who trade in these markets for various financial institutions, hedge funds, brokerages etc. If you, as an individual trader, want to profit from trading in the market, then you have to know the various strategies the traders use to trade in the market.

You can learn all these strategies either by learning the various steps yourself or by joining a training course. If you decide to learn on your own, then you may require some time before you get the hang of using them or before you formulate some strategies of your own. If you decide to join a training course, then you can learn all the strategies from an experienced trader and learn to use these strategies in the market during the course itself.

There are several training institutes out there who have associated themselves with the best forex dealers in the market currently. These institutes bring you up to speed with all the latest tools being used in the market these days. They will help you evolve your own trading strategies that you can use to make profits in the market. Some of the institutes also allow you to trade on some of the best platforms with the best traders that these institutes have associated themselves with. The institutes help you in learning the fundamentals of devising your own strategy. They will teach all the basic terms and definitions and update you with the latest developments in technical analysis. They stress on risk management as this is one of the most fundamental factors of forex trading.

Different levels of courses are offered by these institutes. Most of the courses are aimed at the novice trader where they teach you all the basic concept and strategies. In the advanced courses, complex strategies are discussed and its use is practised. They will also teach you various risk management strategies and money management techniques. They build the psychological edge you need to succeed while trading in the forex market. They also have courses aimed at the various corporate who want to protect their exposure to the foreign currency by building positions in the market that hedges their various foreign currency exposures.

These institutes also offer you the choice of learning through the internet which are also known as virtual classrooms or through various physical classrooms. You can choose any of the above options depending upon the one which will suit you the most. If you feel like you need one-to-one coaching and help while trading in the markets then the physical classroom is the choice to make. Another advantage of choosing physical classroom is the amount of networking that you can do while attending the course. This will stand in good stead as you will be able to discuss any future trades with these people.

Forex training is really useful and any opportunity to attend such a training course should not be wasted. If you want to trade in the forex market and make money but you are unsure of yourself, then you should attend a training course as this will put you in the path to making large amounts of profits.

Arkaitz Arteaga - MarketStock.net

For more information about Forex visit Forex - MarketStock.net

To Be Successful in Forex Trading - You Need These 5 Tips

By Yeo Kian Poh

A lot of people like to do investing and think that they can get rich fast, but think again do that always happen? In fact a lot of people that I know do investing but end up losing money instead. The reason why most of the people lose money in Forex is because they don't have the following:

The Rich Mindset

You see a lot of people go into forex thinking that they can make money fast, which is call, the get rich quick. They think that it is sure to make money. But they never think they can lose money too. Rich people on the other hand have the right mindset to be rich and invest different. If you speak to any rich people they always have a different mindset and they can spot opportunities. They do their research before investing. If you can have the rich mindset, you will make money like them.

A Plan

The rich also have a plan to invest in forex. They know when to buy and sell. If they lose money to them is ok and they take responsible of it. Even if they lose, they only lose a certain amount as they plan their trade well first before entering the market. A well detail plan is one of the key when you invest in the forex market.

Cut Loss

You must have a cut loss strategy if the market goes against you. This is because you never know when then market will turn against you. Therefore cutting loss is important. There are times when you lose money, but just take the loss and move on. Not only forex, in whatever market you invest, you will sure lose money, there is no 100% sure win market. Cutting loss is very important as it help you to protect 80 to 90% of your capital so that you can reinvest to make back the money.

Manage Emotion

When investing in forex, you must manage your emotion well. You can't let your emotion manage our trade. To manage emotion well, you must define certain rule when we enter the trade. Meaning you follow the rules that you set and follow it rather than let your emotion control you. I know that it is hard to do so, but it is very important. As you watch the market going up and down, your emotion will follow the market too going up and down. Therefore you need to follow the define rules very closely.

A System

A system helps you to manage your risk, emotion and trading plan well. The rich is successful in forex trading because they have a system. But not all system suits anyone. If a system suits everyone, then everyone will be rich. The advice is to find a forex trading system to suit you.

To conclude, these five advices are the most important I find when people succeed in their forex trading. You can also use these in other market like Option, Stock or even Future. Follow these advises and you can be more successful in your forex trade.

To find out more on successful forex trading you can visit http://pickupforextrading.com

Yeo Kian Poh Pick Up Forex Trading is a great site to find out more about forex trading system.

Hedge Funds - Hedging the Market

By Terri Polk

Hedge Funds have been gaining more attention in the investment world lately, likely due to the volatile state of the market. Hedge funds have been around since 1949-when journalist Alfred W. Jones created the first one.

The name "hedge fund" was coined because these funds are notorious for "hedging" off losses in unstable markets by implementing a variety of methods, the most common being shorting stocks. The term is somewhat of a misnomer; however, some hedge funds use short selling and other hedging tactics as a way to actually increase return, as opposed to reducing it.

While many people assume hedge funds are a variation of mutual funds, the two are actually quite different. Mutual funds are registered by the Security Exchange Commission, while hedge funds are private, unregulated investment vehicles. Another key difference is that mutual funds are available to the general public, where hedge funds are only available to accredited investors with a net worth exceeding $1 million. Also, partnership is limited in a hedge fund whereas with mutual funds it is not.

There are 14 different types of hedge funds, each with their own strategies. A macro fund, for example, aims to profit on shifts in interest rates and economic policies, while an equity hedge fund uses the strategy of short selling overvalued stocks.

Primarily, most hedge funds seek to reduce risk while delivering positive returns in varying market conditions. Because hedge funds are so diverse, investments can be in stocks, bonds, private companies, real estate, commodities, etc. This diversity is largely what allows them to deliver positive returns most of the time.

TheSUBWAY : Small Cap Stock Promoters
http://www.TheSUBWAY.com

The SUBWAY has established a national reputation for providing investor relations services. Risk Tolerant Investors, Public Corporations, Promoters : We have the best of all three worlds. The one source for High Risk High Return Education and Information. Public Corporations who are profiled on The SUBWAY have had a great history of realizing the benefits of increased exposure in the marketplace.

Submitted by Terri Polk at http://NewSunSEO.com

Don't Lose Money Enrolling in an E-Currency Trading System

By Sheila Guilloton

Every day brings a new and more exciting way to make money online. If you believe the dozens of advertisements that bombard us everyday, all of us should be millionaires. Why aren't we? Because 95% of the offers to make you rich are pure nonsense.

The latest scheme involves an old idea made new again. In the late 1990's millions of people lost billions of dollars when they discovered the lure of fast, easy profits from day trading. The rebirth of that idea is E-currency trading. Quickly becoming the darling of the online scammers, there are multiple sites offering the perfect trading system to make you rich while you sleep. These schemes are also called Forex trading systems. Forex, of course, stands for trading in foreign currencies.

E-currency trading is not new. It is however, enjoying a new popularity as more and more programs are being offered for sale. These programs, which range in price from $300 to $800, promise to train the investor to make high profits by trading in the foreign exchange markets. As with most other scams, there is always some expert who will tell you which program is the real deal. Don't believe any of them!

According to the Wall Street Journal, the average individual who purchases one of these systems, loses about $15,000. A typical program promises that if you will invest $200 to $5000 in the system, you will make thousands of dollars in profit in just a few weeks. Of course, the more money you invest the faster you will become rich. It's not going to happen.

Prior to the availability of the internet as a trading portal, individuals could only trade in currency through banks or reputable brokerage firms. But with the use of the internet by individual to trade, there is very little control by government regulators. The U.S. Commodity Futures Trading Commission is charged with the responsibility of regulating the currency trading industry. But it is difficult for them to find the online sites that are responsible for the majority of the fraud and responsible for the losses suffered by individual investors. In the last 5 years, the Commission has prosecuted about 80 cases on behalf of about 23,000 individual investors. Those investors lost over 350 million dollars.

Some of the so-called experts will tell you that there is an even better system for making money than an E-currency program. They will encourage you to join an arbitrage trading program. The wonderful difference is that you can buy this program for a mere $139.

Arbitrage is simply a financial word which means taking advantage of a price differential between two or more markets. E-currency trading is simply arbitrage of currency markets. They are the same thing. The scammers will tell you that arbitrage trading has been around forever, as if that makes it safe.

It has been around for years because banks and investment companies have professional traders who devote their full attention to trading foreign currencies. A few experts can arbitrage the foreign currency market for large gains. The individual is always under capitalized and could never compete with large financial institutions doing the same kind of trading.

The simple fact is that if you want to try E-currency trading or foreign exchange arbitrage, understand that it is a very high risk strategy. The only funds you should ever use for this kind of investment are funds that you can afford to lose.

There is one more consideration. Many of the early guru's of Forex or E-currency trading have been prosecuted and even gone to jail. If you are invited to join such a program and offered the opportunity to enroll others in the program, you may be putting yourself at risk of prosecution for fraud. Today I counted more than two dozen different Forex or E-currency trading sites to entice individual investors. Do yourself a favor. Stay very far away from all of them.

Sheila Guilloton is the owner of Prestige Planners and studies and reports on internet scams. Read more at http://www.PrestigeBusiness.homebiztruth.com

Learn Forex Trading - These Mistakes Wipe Out Most New Traders

By Kelly Price

If you want to learn forex trading correctly and make money, you need to avoid basic errors made by the majority of traders, if you want to win so make sure you read and understand this list...

1. Automated Forex Trading Systems

Great idea and very appealing simply plug it and make money while you sleep the reality though is you are likely to lose. Most forex robots simply don't work. Why? The track records are always made up in hindsight with knowledge of what happened. That's easy, if we all knew tomorrows price today we would be rich but we don't. You don't make a big regular income for the price of a meal out and that's a fact.

2. Day Trading and Scalping Systems

Most you see sold are simulated like the robots and it's a fact that all volatility in short time frames is random, so this form of trading is a real mugs game. It looks low risk but is actually high risk, as the odds are against you.

3. Leverage

Sure it's an advantage - but most new forex traders leverage up to much and lose. Just because a broker gives you 200:1 leverage, doesn't mean you have to use it! 10 - 20:1 is enough for most new traders.

4. Failure to Accept Big Gains

Most new traders don't have a problem setting a stop and taking a loss but they have a problem accepting a big gain. Why? All traders want big gains but running a trend is hard, especially when open equity is dropping. Most traders jack the stop up to close, get stooped out and then see the trend make thousands of dollars and their not in! You have to have the discipline to keep your stop back and accept draw down in the short term to bank a big gain.

5. Listening to experts and trading the news

Those analysts on CNN and CNBC maybe wise and they maybe clever - but there not traders. You can't trade the news, as it's immediately discounted and to prove the fact, most markets collapse when there most bullish and rally when there most bearish. The market price is made buy traders, therefore the news is unimportant; it's what traders think of it that counts.

6. Trying to be to clever and working to hard

Most forex traders are lazy and think they can make no effort and win and of course they get taught a lesson however, those traders who think be clever and working hard counts also fail.
You don't get rewarded for working hard or being clever you get rewarded for being right with your trading signal and that's it. The key is to work smart, get the right forex education and you can win with less effort.

7. Trying to Use Science to win

Doesn't work, as markets are not scientific. Think of all the advances we have had in the last 30 years - in forecasting methods, news and analysis, yet still 95% of traders lose. This means it doesn't help! Markets are and always will be an odds game and if you try clever, scientific theories, you're barking up the wrong tree.

8. No Discipline

Most traders are not disciplined and hate trading through losing periods - but you must do this to win. You get discipline from a sound forex education and confidence - that's why you can't follow others to success.

9. Trying to Buy Low and Sell High

Traders are obsessed with this and want to buy market tops and bottoms but this is not possible. Try predicting them and you will lose. You need to trade the reality of price change only and really you should be trading breakouts to new highs or lows as most major trends start from them.

10. Not Knowing Your Trading Edge

Why should you win when 95% of all traders lose? To win you need a trading edge and if you don't know what yours is which will allow you into the elite 5% of winners, sorry you're going to lose, as you don't have one.

If you understand the above you will see forex trading is simple and you can win - but you need a disciplined mindset, a simple forex trading system that trades the odds and a trading edge.

If you want to you can enjoy currency trading success you can, as everything about it can be learned and forex trading can give you a lucrative second income or even a life changing one if approached in the right way.

NEW! 2 X FREE ESSENTIAL TRADER PDFS
CURRENCY RESEARCH and SYSTEMS

For free 2 x trading Pdf's, and more on the best FREE Forex Education visit our website at: http://www.learncurrencytradingonline.com.

Best Forex Indicators - This Will Rocket You to the Top

By George Knoechel

The currency trading market is the most liquid and super leveraged market in the world. This of course means that you and I have incredible opportunity to get rich starting off with very, very little money (even a couple of hundred dollars will do). I want to show you the best Forex trading indicators on the market and the one thing that you can do to make it twice as reliable and powerful.

The best Forex indicators on the market are: The Relative Strength Indicator (RSI) and the 200 day moving average (MA). Let's take a look at both of these Forex indicators a little more closely.

The Relative Strength Indicator (RSI). This is a very easy to use and effective indicator and probably my personal favorite. Here is how it works: When the RSI goes above 80 it is time to go short the currency. When the RSI goes below 20 it is time to go long the currency. The reason for this is simple. When a currency goes above 80 it is getting close to being overbought and the downward progression is close by. The opposite is true too. When a currency is below 20 it is closing i on being oversold and the upward progression is close by.

The 200 day Moving Average. This is a great benchmark for trading currencies and the reason why it is so often successful is due to the big money using it as a guide. This is not fool proof of course but used along with the RSI, the two can work very well in complementing each other.

If you want to really make consistent money day in and day out in the Forex market then I recommend that you get your hands on some good and reliable trading software where the signals are proven to be very reliable. If you use this with the two indicators I mentioned previously then you should do very well for a long time.

I have provided a link to a review site that looks at the three leading software programs on the net. Good trading ahead.

Get an Objective Review of the Most Popular Forex Trading Software Programs. Forex Trading System Review is the place to visit.

See What Forex Trading Software REALLY Works! forex-trading-system-review.com is the place to visit.

A Great Forex Trading Indicator - Try This Strategy Now

By George Knoechel

The Forex trading world is tough and most newbie traders bail out in the first year. What is even scarier is the fact that most currency traders lose all their trading capital in the first year. Are you scared yet? Actually, that is not my intention. I am simply pointing out a few facts. The upside is that no one can make money faster on any other market in the world. The Forex trading market is the most liquid, available market for trading. Nothing compares to it. The truth is that you can start with a few hundred dollars and in less than a year become a millionaire - this is because of the super leverage available to Forex traders. My intention is to give you a simple formula for trading Forex and winning day in and day out. Here it is:

The Smooth Moving Average (SMA). It is also referred to as the Crossover Method. The SMA is a very popular and often used Forex trading indicator. It is important that you use another color than the ones used for the prices on the chart.

Number 1: Chart an EMA5 in green (you can use any color of your choice).

Step 2: Chart an EMA20 in blue (you can use any color other than number one's color).

You should have 2 SMAs charted. You also now have 2 trading signals.

The Signal to Buy: After SMA5 goes over the SMA20 in an upward direction.

The Signal to Sell: After SMA5 goes over the SMA20 in a downward direction.

The really nice part of this strategy lies in the fact that the currency pair price will not go up unless the buy signal is triggered.

If you really want to improve your trading, I have included a link to a review site that looks at the three best trading software packages on the market.

Get an Objective Review of the Most Popular Forex Trading Software Programs. Forex Trading System Review is the place to visit.

See What Forex Trading Software REALLY Works! forex-trading-system-review.com is the place to visit.

Regulated Forex Brokers - Who is Regulating?

By Danielle Franklin

As a new forex broker your first challenge is to choose the right forex broker. It isn't as easy as it sounds and the whole searching process might leave you breathless. Due to enormous competition between forex brokers, they offer different features, exciting capabilities and outstanding advantages. However, along with the exceptional features you might find a potential weakness.

The weakness I am talking about here is whether your forex broker is a regulated entity. Forex brokers can be naughty and you might find it difficult to withdraw your profits if your forex broker is not under some kind of authority supervision.

What are those regulatory authorities? Let's list some of them here:

  1. National Futures Association (NFA)
  2. Commodity Futures Trading Commission (CFTC)
  3. Australian Securities and Investments Commission (ASIC)
  4. Swiss Federal Department of Finance (FDF)
  5. Escalade Incorporated (ESCA)
  6. Canadian Investor Protection Fund (CIPF)
  7. International Financial Services Centre (IFSC)
  8. Cyprus Securities and Exchange Commission (CySEC)
  9. The Financial Futures Association of Japan (FFAJ)
  10. German Federal Labour Market Authority (BaFin)

The next question you probably want to ask is how these regulatory authorities keep forex brokers straight. Here is the simple explanation:

Your broker is responsible for your money, whether deposited or profited. A Regulated forex broker is under a watchful eye of the regulator authority. In case something goes wrong with deposit, withdrawal or even with the trading platform, you can complain, sue or file an appeal regarding your forex broker. The regulatory authorities protect forex traders against fraud, scam and illegal trading practices.

Regulated forex brokers get homework which needs to be submitted to the authority. This so-called homework is the financial reports. If a forex broker fails to submit his homework, there is no second chance here - he gets an "F" and the regulatory authority either request a fine or, even better, remove them from their membership list.

The Regulated forex broker will not hide the fact that he is regulated and who is the authority. You can easily spot it on the forex broker website - either on the home page or at "about us" section.

The authority of a regulated forex broker is located at the country where the broker is registered in. For example, forex brokers which are regulated by NFA and CFTC are brokers located in USA. While any regulated forex broker registed in Swiss is regulated by FDF.

To summarize, trading with regulated forex broker gives you a security and protection you need as a forex trader.

Check out more forex articles, tutorials and forex brokers reviews at http://www.forexexplore.com

Forex Trading With Candlesticks

By B.M. Davis

With everything that is at stake when you are trading Forex, it is only logical that you would want the best tools available to help you. Forex trading is the epitome of volatile trading and even the best trading systems seem to fail eventually. This is why over 90% of new forex traders blow through their accounts and go bust. Don't get me wrong, volatility is a good thing and can lead to quick profits. But we have to remember that the same effect can also lead to quick losses.

So now that I have stated the obvious you are asking yourself what is needed to analyze a currency chart and that is the purpose of this article. When we analyze a chart we need only look for signals that indicate one of two emotions; fear and greed. These two emotions are found quite frequently in forex markets due to the high leverage and quick gains or losses. By using a trading system like Japanese Candlesticks with your trading plan and research, you are giving yourself the best chance for success in Forex trading.

What's so different about candlestick trading forex? When you are watching your favorite chart as the market moves it's easy to forget that what we are watching are the collective trading activities of every trader, both institutional and individual, leaving their tracks for us to interpret on the chart. This is very important and I want you to stop and think about it for a minute! No matter how small the timeframe, the chart will show us not only the collective trading activity but the collective emotions as well. Fear, greed and uncertainty are easy to spot with the use and understanding of candlesticks and are also easy to learn.

Japanese Candlesticks have been around for centuries and have proven their effectiveness in all tradable markets. With forex however, we need to adjust our thinking a bit because the patterns form differently due to the fact that forex is traded twenty-four hours a day and there is no open or close to the trading day. Many traders are under the false misconception that candlestick trading won't work in forex due to this feature of the forex market. In actuality, there isn't a better market to use candlesticks than forex once you learn to spot the different nuances in the candlestick reversal patterns.

With everything at stake while trading forex it's time to stop relying on useless indicators and start concentrating on the chart itself. A candlestick chart if you want to learn to quickly asses the mood of the forex market. I urge you to spend a little time studying forex candlestick trading and see for yourself how easy it is to spot these changing tides of emotions that lead to price moves and reversals.

B.M. Davis is an active trader and the publisher of the Forex Candlestick System. If you would like more information about candlestick charting the forex market please visit http://www.forexcandlestickcourse.com

Forex Trading - It's All in the Chart

By B.M. Davis

Forex trading has become hot! Its heavy leverage allows traders to capitalize with big gains and the lure of huge profits sends many traders to forex on a daily basis. Sadly, most of these traders won't be around for long. As many as 90% of all new forex traders lose their capital and bring their accounts to zero within six months. Largely because they come into the forex market with the mistaken belief that all they have to do is learn a trading system and trade by the signal their favorite indicator gives them and they will be able to average out a profit. What they fail to realize is the false signal can wipe out a large portion of their trading account.

At this point I might as well tell you I am no fan of indicators! Indicators are nothing more than mathematical algorithms of some sort of movement in price, with a few other variables added depending on the indicator. What the forex trader should be concentrating on is the price chart itself. Why? Because the trained forex trader will be able to tell much more about the market by watching price movement than with any indicator or trading system. Price movement tells the story of fear and greed, which are the two most important criteria a currency trader needs to be able to discern. The volatility of the forex markets creates many trading opportunities that can be spotted by watching the price chart. Candlestick trading for instance will teach you to spot reversals in price before the majority of other traders. Western technical analysis in its original form also allows the forex trader to spot weakening of trends and areas of likely reversals before the rest of the crowd.

Before we all had our PCs charts were drawn by hand. There was no fancy charting software or trading platforms. What we take for granted as an instant chart took traders of old a lot of time to plot. These were the pioneers of technical analysis and they were looking at the chart NOT indicators. Japanese Candlesticks, the best form of analysis in my opinion for forex, has been around hundreds of years. These technicians were very proficient in reading the mood of the markets and many became very wealthy doing it. Many modern technical analysts combine Western chart patterns with Japanese Candlesticks and also do quite well in forex.

Computers have brought us instant access to the currency markets but along with it have come hundreds of indicators which will do nothing but confuse the new forex trader in my opinion. If you must use an indicator, learn to read the chart first. Learn the major candlestick reversal patterns as they relate to forex as they are different than other markets. Then plot your indicator and see how it relates to the chart. I'll bet you'll find you trade from the chart more often than you think.

B.M. Davis is an active trader and the publisher of the Forex Candlestick System. If you would like more information about candlestick charting the forex market please visit http://www.forexcandlestickcourse.com

Currency Trading Strategy Methods

By Tyler Ziggler

I'm going to talk to you about currency trading strategy methods that you can use to help improve your overall trading experience. This is the largest market in the world with trillions of dollars a day being traded. There is a lot of money to be made or lost by a person. The reality is that an estimated 95% of traders end up losing money. It's a sad thing that might actually scare you away from this market, but I think most of that number comes from people that just are looking to make a fast buck. The key to profiting in this business is thinking for the long term and building a foundation on solid currency trading strategies. That's why I'm going to show you exactly what you're going to need to do to be a profitable trader.

An important currency trading strategy is to stay ahead of the market by watching the news. It may seem like an odd thing since the news doesn't talk about anything related to forex, but it does talk about the very things that end up effecting the market; the economy. You have to know what sort of economic news is being released at any given time. Nothing is worse than making a trade right before a big announcement. Always know what's on the news.

Take the time to use a demo, not as a way to see how much money your strategy can make you, but as a way of developing the tasks and the instincts as a trader. I use the demo in the morning just to get my head into the game.

The Forex Kiss Strategy is revolutionizing the way we trade in this market.

Learn more at the Forex Kiss Strategy.

Best Currency Trading Methods

By Tyler Ziggler

I'm going to take the time to share with you the best currency trading methods for profit. I've been doing this for a few years now and in that time I've learned a lot about what it takes to be successful and what it takes to be a disgrace. I've seen a lot of new people enter this market and lose all their money. They lost it because they didn't dedicate the time to learning the fundamentals of this business. One of the most important things to learn is how to protect your money. Most people are focused on how to make money. There is no point if you can't protect it. That's why I'm going to show you exactly what you need to know to profit in this market.

The best currency trading method for long term profits is cutting your losses. It seems like a pretty obvious point, but in the heat of the moment, most people don't do it. They tell themselves that it will go back up or if they sell it, it'll go up right after. The fact is that most bad trades end up bleeding us of profits from other trades. Learning to let go can be tough for some, but it is for the best.

When it comes to pairs the best currency trading method is one at a time. You have a variety of pairs to trade and that makes a lot of people want to try out a lot of them. It doesn't matter which one you select because you have to learn to profit with one before you can profit with another. That's why I suggest to stick with one pair, until you profit from it, than move onto another.

The Forex Breakout System is an excellent profiting tool that I highly recommend.

Learn more at the Forex Breakout System Review.

The Best Online Forex Trading Platforms Can Reap Bigger Returns

By Francis Tayllor

Are you still new to the world of forex trading, yet you are very much interested to bear the risks that come with every forex trading activity? Wouldn't it be nice to hear that you can get away from thoughts of uncertainty every time you trade? Well, you are lucky enough because the best online platforms can provide you with the peace of mind that you need as you move on to engage in forex trading.

If you are planning to get involve and invest your money in Forex currency trading, you should be equipped with the appropriate knowledge on the best online platforms that can lead you to succeed in this investment interest.

Forex trading is an investment described to be at high risk. This is because this act of trading similar to other trading activities involves a greater risk for substantial losses. It is also an evident reality that this act of investment is not intended for every investor.

The foreign exchange market is a very huge market, which involves the activity of currency exchanging as the main business goings-on. In the wide and very unstable condition of the forex market, the use of the best online forex trading platforms is considered an essential to succeed in the act of trading.

Indeed, the best online forex trading platforms can bring positive returns when it comes to forex trading. In case you are not fully informed, platforms are software that comes with cutting edge and sophisticated features designed to help the investor carry out trading activities. Features include incomparable analysis and strategy capabilities essential in the assessment of buy and sell rules.

The best platforms always bring forward completely automatic online streaming data from the market on real-time basis. This is a plus factor when it comes to analyzing the liquidity of the forex market.

Other features that should come with a forex trading platform is its ability to connect your monitors to the market, operating packages like Java or Flash, firewall protection for maintenance of security and reliability of your trading, and real-time charts and technical analysis.

A more advanced trading platform with mobile trading facilities can be considered as one of the best online forex trading platforms because it allows you to move on with your trading activities even you are away from your computer.

Know more information about this by reading my entertainment blog about forex trading platforms.

Eliminate huge risks, predict price movements accurately and execute precise buy/sell decisions with this revolutionary online forex trading software.

Why Do Most Forex Traders Fail? The Only Thing You Must Know About Forex Trading

By Dan K.

Forex Trading looks too easy to new traders. When one realizes the huge potential of this market, especially in times like this when the stock and commodity markets are unstable, it is sometimes very tempting to open live account and start trading right away. But in reality most newbie traders are being slaughtered by the professionals and do not survive more than a few months. Other keep struggling with forex until they quit.

So what separates the boys from the men in the forex market? Unlike newbies, experienced traders know that the forex game CAN be easy, if you play it right. Through a process of trial and error, winning traders came to conclusion that what separates winners from losers in the forex market is one single thing; a thing that seems so close but for many traders is often unreachable. This "thing" is Trading Emotional Intelligence. Once you understand this, you are automatically a big step ahead of the herd on your way to become a winning forex trader.

It does not matter how well you master technical and fundamental analysis. At the end of the day, it is your ability to master your emotions that counts. Beginners may not fully understand the importance of this, but veterans know that the trader's state-of-mind determines everything in trading including money and risk management, entry and exit points, profits and losses. This is really the only thing you should know about forex before you start trading. Anything else - like trading strategies, technical analysis, fundamental analysis, economic news etc. - can be found for free all over the internet.

Therefore, if you are currently struggling with forex you should first look into yourself. Sometimes a small mental change is all it takes to make a huge difference in your trading.

One of the best programs in the field of forex emotional intelligence today is Brian McAboy's "Trading P.I.T Club". I know Brian for a couple of years now and the guy truly knows what he is doing when it comes to trading psychology. Brian focuses on the emotional aspects of forex trading for many years and his special educational approach has changed the lives of many traders worldwide. Among others, he is the author of "The Subtle Trap Of Trading" which helped hundreds of traders to improve their emotional skills and finally achieve a true forex freedom. His recent "Trading P.I.T Club" is a step-by-step 26 week training program for becoming an emotionally intelligent winning trader.

This unique program is the outcome of many years of trading experience and is the most professional Forex Psychology program available online today. So before you place another trade, make sure you read Brian's message here

Forex Trading Tips - How to Go From Humble Beginner to Major Winner

By Chris Dudley

If you're just starting out in forex and need some guidance and forex trading tips then you're in the right place. In this article, I'll give you some great but simple advice that could transform your trading.

Discipline

For each trade that you make, make sure you also specify a stop loss level. Trading without a stop loss is like playing football without a jockstrap! Simply, do not do it!

Ideally, you should also have a profit target (when to exit the trade) that you know before you place the trade. You can always revise this later.

Logic Over Emotions

The reason that you should have these is because it will force you into the habit of having a solid logical reason for each trade that you make.

The simply fact is that if you don't even know where you should place a stop loss, let alone your profit target then you are trading on "gut" or "instinct" and not logic.

If you keep trading this way, you might get a lucky streak but you will soon regret it when you lose it all and possibly more. I have seen this happen to way too many traders.

Know Your Markets

If you're using logic then you need to understand your markets. You really don't need much knowledge at all to trade profitably.

Just pick a few markets and observe them. It's easiest to start with the majors like EURUSD, GBPUSD and USDJPY. Check the forex news websites and monitor these markets closely. There are even many great market commentaries on Youtube.

You'll start to notice some trends in the way that the market reacts to news. You'll start to get a feel for the direction of the market.

And if in doubt, then you always have another option...

Outsource Your Research

If you don't want to spend time learning and understanding the markets then simply pay a small fee to outsource it.

What I mean by this is to buy some good quality forex signals or a good autotrading "robot" (a predictive model). The cost of these is far less than the money you will make, so much so that you will consider it negligible.

Are you determined to become a profitable forex trader? Then get more forex trading tips in my free forex lessons at http://www.ForexAttitude.com

Forex Trading Course For Beginners - How to Tell the Good From the Bad?

By Chris Dudley

If you're a beginner and looking for a good forex trading course then beware because there are a lot of bad apples out there. In this article, let me show you what to look for in a good program and how to avoid the scams.

The Basics

Any good course should take you through the basics. What the forex is, who are the participants etc. This is not crucial because you may already have some idea.

Analysis

This is absolutely key. If you want to profit by trading forex then you need to know how to analyse the market and predict which way prices will move.

Any course that does not include any emphasis on analysis is useless. You might as well stay at home and roll a dice to determine how you will trade!

Strategies

A decent course will show you some of the basic strategies. Although every trader is different, there are many shared opinions on standardized methods and approaches to the market.

Discipline

Discipline is absolutely key in forex. If you let your emotions get the better of you then you will lose money. Any good trading course must have a section on discipline.

You can learn all the analysis in the world but if you have no discipline for using it then you cannot profit from it.

Automation

Most good trading courses will touch on the automation side of trading. Many forex traders perform basic analysis but very few of them rely on this alone to make money. It is common to rely on the opinion and analysis of others to free up your time and concentrate on other things.

Sure, you could dedicate every waking hour of yours to learning about forex but it would still take too long. Every good trader needs to trust various sources to make money consistently.

Are you ready to step up to the plate and become a consistent winner? It's easier than you think, I should know. Claim your free forex report and beginner to pro lessons at http://www.ForexAttitude.com

The Calm Before Forex the Storm

By Benjamin Beller

Tomorrow is the one for all the marbles. The single most important economic announcement for the USD takes place tomorrow: Non-Farm Payrolls (NFPs). Despite today's very important announcement of US GDP for Q2, the EUR/USD essentially stood pat around 1.56. What is special about NFPs is that, unlike announcements such as rate decisions or GDP results, predicting the outcome is often like finding a needle in a haystack. The unpredictability of this announcement, coupled with its importance, generally make it the largest "market-moving" announcement for the USD.

Given the hazy future of both the USD and the US economy, tomorrow's results take on added importance. Good results could potentially enable the Federal Reserve to make market movements in the coming months. If, however, the news mirrors the tone of today's disappointing results, then the Fed is likely to be stuck for the near future. The last time NFPs were announced, Bernanke pushed the results aside, as employment was not his paramount concern. However, should the numbers approach dangerously high levels, actions will likely need to be taken to curb rising unemployment.

The current expectations are around 75,000 new lost jobs. Should that number turn up around 100,000, there could be a rapid reaction by the government. If unemployment starts creeping towards 6% and beyond, we could witness a further crunch in the credit market, as the unemployed usually have more difficulties in repaying their debts. That problem would reverberate through the financial sector, weakening an already fragile industry. And as Bernanke has declared that the strength of that sector is his top priority, it would be in his best interests to do what he can to combat rising unemployment numbers in the coming months.

Upcoming Figures
USD Total Vehicle Sales (Jul)
JPY Vehicle Sales (Jul)
AUD RBA Commodity Index SDR (JUL)
EUR French Purchasing Manager Index Manufacturing (Jul)
USD Change in Nonfarm Payrolls (Jul)
USD Unemployment Rate (Jul)
USD ISM Manufacturing (Jul)
EUR Italian Budget Balance (Jul)


What is Forex Currency Trading?

By Obediah Marsh

A large number of people from around the world have become millionaires owing to careful and tactical investments in the forex trading market. For the uninitiated, yes currency can be bought from different countries and can be sold at the ongoing market rates to earn profits. This market where the exchange of currency is done is known as the foreign exchange market. The forex market is ever changing and the changes are made every second. It thus becomes imperative for an individual to have a high speed Internet connection in order to keep himself updated with all latest change in the market.

The profits in the foreign currency trade are made in accordance with the swells and dips in the forex trading markets. The traders who have been around in the market develop this uncanny ability of predicting the market to a very large extent and as a result of which they generate a good income. The trading is done around the clock owing to various trading markets that are situated around the globe.

Due to varying time zones, different markets are operational at any given point in the day as a result of which various numbers of sellers and buyers are always available for the trade. The markets close only for the weekends. The fact that forex currency trade is done around the clock gives an added advantage to the traders in the form of extended opportunities and higher chances of tapping the changing market trends.

The profits that one achieves from the forex currency trade depend entirely on the purpose of the individual. Day traders often look for short term gains and do not invest for larger periods. On the other hand, various investors invest their money for forex trades that pan out for a long time interval thus giving themselves slightly higher dividends. The forex currency trade should however be done after extensive research and practice owing to the fact that lack of any of these 2 things can lead to huge losses.

The Forex Automated Software has revolutionized the trading world by giving the common person the ability to enter the multi trillion dollar world of currency exchange and actually make good money with Forex.

Our team of Forex Professionals have created a review site for the best Forex Automated Software on the market.

Forex Trading Advice For Beginners

By Obediah Marsh

It is a well known fact that millions of people indulge in the trading of foreign exchange on a daily basis. Foreign Exchange trading, also commonly referred to as Forex trading has made a large number of people around the world richer by enormous amounts of money. The trading, if learned properly, can lead to huge benefits, in excess of a couple of million dollars, a fact which is evident when the numerous industries are looked at.

Forex trading is extremely enticing to the extent that almost a million new traders enter the market everyday. There is a lot of money that can be made from trading but a lot of care should be taken owing to the fact that money invested can also be lost.

A lot of care should be taken while trading in the market. There are a large number of factors that can effectively help in predicting the outcome of the market. A complete analysis of the market conditions should therefore be done before starting out on a venture for any investment made without market analysis is practically equivalent to gambling with money.

Also, before entering the actual fx trading market, it is always advisable that an individual works on various forex training demos. This helps the individual in getting a hang of the markets and the entire process employed. In case your skills aren't excellent yet, it is highly advisable to go with the general market trend. Going with the trend is considered as a safer trading option and the chances of loss are considerably lower.

It is also advised that not more than 4 percent of the total trading account should be risked at any given point of time. This ensures that you maintain a sound financial backing in case your investment does not give you dividends. In some cases it is also advisable to use the help of a financial counselor or a forex trading expert before venturing out. The process is risky, but if done properly, can earn you good money.

The Forex Automated Software has revolutionized the trading world by giving the common person the ability to enter the multi trillion dollar world of currency exchange and actually make good money with Forex.

Our team of Forex professionals have created a review site for the best Forex Automated Software on the market.

6 Major Currencies in Forex Trading Market

By Obediah Marsh

Foreign Exchange trading market or forex market is the largest currency trading market place. The market is essentially an over-the-counter trading market. The most important aspect of forex trading is perhaps a proper and detailed analysis of the current and prospective market conditions. Any individual who wishes to trade in the market must keep in mind the past trends and also should carefully look into the future prospects.

The country whose currency is being traded in should be stable in all respects including the gross domestic product of the country, the financial stability of the nation, the foreign relations of the country along with the ongoing rate of inflation of the country all affect the forex market to great extents.

There are various forex trading markets in the world. The 6 major currencies in forex trading market are situated in London, Tokyo, Frankfurt, New York, Zurich, and Paris. The trading is done around the clock due to the various time zones in which these 6 markets are located. This can be understood by the simple example of the contrasting time zones between the European and Asian markets.

The opening of the trade in the European markets generally follows the closing of trade in the Asian markets and vice versa. The markets comprise of various participants including various banks, money managers from across the globe, multinational firms that have a relatively large setup, money brokers throughout the world, private speculators and individual traders. Any one who wishes to start trading must get himself a forex trading account with high balance.

The profits are there to be made but it is strongly recommended that the individual practice with a demo account for a couple of months before getting into mainstream trading to avoid heavy initial losses. With some practice and tactical ability, huge amounts of profits can be made in the forex market.

The Forex Automated Software has revolutionized the trading world by giving the common person the ability to enter the multi trillion dollar world of currency exchange and actually make good money with Forex.

Our team of Forex professionals have created a review site for the best Forex Automated Software on the market.

Do Forex Trading Systems Really Work, & Is Forex Trading a Legitimate Investment?

By Mike Spiro

Forex trading has become quite the trend in the past few years. Understandably so, as it is a very goo opportunity for the average person to make money from their own computer, and not have to monitor their screen all day to make a few bucks. Enter the Forex trading system boom. Just by entering "Forex" into the search box, you have hundreds of choices of miracle "systems" that will, they claim, rake in the money, with "no" effort on your part.

Is this really true? Can you virtually click a mouse, and watch your bank account expand like Uncle Fred on Thanksgiving Day? It makes you wonder, just like anything else out there that claims this type of return on investment, if it's true, then why isn't everyone just plugging in and making out like bandits? Well, there are two parts to these questions.

First, Forex is legitimate, and there is a very, very lucrative income to be had from it. Second, like any great business opportunity, with it comes, well, opportunity...for those capitalizing on the people looking for the easiest way possible to make their fortune. As the Forex trend grows, so does the demand for programs to do it for you. As with anything nowadays, people are looking for the easy way.

A good example is Network Marketing, or MLM. Network Marketing has gotten a bad reputation from many people...not because it is not a legitimate, and very lucrative business (actually the fastest growing industry in the world!), but because people lose money because they don't want to put into it the effort it takes to get what they want out of it. Simple as that.

The goes for Forex trading. The fact is, you CAN make good money, but it most likely will not happen without some effort, or some patience. There are basically three ways to go with Forex. Learn how to trade yourself, use a forecast system or software system, or use a managed funds account. Most people just getting into Forex are going to be drawn to the hype of the software system from the git go.

As an experienced Forex trader, and someone who actually learn to trade, and has traded live, I recommend to anyone starting out to really learn how to trade yourself. Now that doesn't mean that is the best way to make money, because without a lot of experience, I can almost guarantee that you will not become rich doing that...not for a while. But just knowing the dynamics of how it works from the inside out will help you in choosing the right vehicle to make you money in this market.

For those who want to make serious money, I recommend a quality forecast service. Other than that, you must be choosy about any software system you run across. There are some every good systems that are making people very good money, if you do your homework. You can find some reviews on a few of the better systems available at forextradingexpress.com.

When you choose these systems, it's good to look at the review, find one with some bonuses of some kind, definitely a money back guarantee, and I wouldn't pay much more than $100, give or take. If you pay more than that, you need to be using a forecast service, which gives you more bang for your buck, but is quite a bit more to use. I know of one such service that in my opinion has no competition, and is by far the best of it's kind in the industry. If anyone reading this would like the information to contact this service, please email me at topdog@forextradingexpress.com . Good luck, and may all your pips be profitable!

Mike Spiro is a Forex trader and marketer, and has been involved with marketing, management and investing in many areas since the mid-ninties. He has studied in depth Forex courses and trading systems behind the scenes with some of the industry's top traders.

He is currently doing research and reviews on trading systems for recommendations through his website at http://www.ForexTradingExpress.com

You may visit his blog at http://forextradingexpress.blogspot.com

The Forex Candlestick System Review

By Mark Jorgenson

Forex trading is hot and candlestick trading the forex markets is even hotter! I'm writing this article to review a brand new course that was released in July, 2008 called "The Forex Candlestick System". With thousands of online traders jumping into the forex markets, there has been an outcry for good solid information on candlestick charting the forex markets. Up until now only a few websites have featured information about the subject of candlestick trading forex and some even tell traders it can't be done. Well, it can be done and "The Forex Candlestick System" was written for the forex trader who wants to learn to profit using candlesticks.

As mentioned above, many traders are under the mistaken belief that candlestick reversal patterns can't be used in the forex market. This is because forex is a worldwide market that is open twenty-four hours a day and has no open or close throughout the week. With no break in trading, candlestick patterns just don't form the way they would in the stock or commodity markets with gaps up or down completing the two and three day patterns. The Forex Candlestick System shows the forex trading student a unique method of reading these patterns that are exclusive to the forex markets.

The Forex Candlestick System has no shortage of information. This course is not some small EBook that is so common with today's forex courses. The Forex Candlestick System contains three nicely illustrated EBooks that takes the student from the basic principles of candlestick trading the forex market to advanced methods of trading. It also includes some methods that you will only find in the forex market. The illustrations are all in color and you can tell that the publisher put a lot of time and research into the course.

One refreshing aspect of The Forex Candlestick System is its lack of trading indicators. The author of the course really believes in reading the chart, not indicators. He says in the course, "indicators are nothing more than mathematical algorithms of some sort of price movement. Why would you want to base your trades on an algorithm when you can learn to read the emotions of the market and learn to trade from what you see on the chart?"

The Forex Candlestick System won't teach you another trading system built on squiggly lines or moving average crossovers.

All in all I give The Forex Candlestick System a top rating and think it's the best deal on the web. There is a lot of information packed into the course and the price is right. If you are interested in learning to trade the forex markets with candlesticks then I suggest you download The Forex Candlestick System from the link below.

Mark Jorgenson is an active forex trader and would like you to get more information about candlestick charting forex at: http://www.squidoo.com/forexcandlesticksystem

Ranting of a Newbie Forex Trader

By Lynn Kadouf

Forex or currency trading is a nightmare. It makes you lose sleep. It makes you sweat and your heart pound. It makes you dream in numbers and charts. It takes over every ounce of you.

At least that's what happened to me.

I've always hopped around from one interest to another, trying to look for something that can sustain my attention. One thing led to another, and I ended up with forex, and I never looked back since. Forex to me is the ideal way to work from home. Actually, from anywhere in the world for a matter of fact. As long as you have a laptop with good internet connection, you can trade your foreign exchange account from a beach, from a caf้, from your bed, you name it. Sounds like the sweetest deal to me!

But hold on, forex is also a market that slaughters 95 percent of traders. You would hear more stories of people losing their life savings then of a trader successfully making profit consistently. To get into that elite 5 percent requires a lot of work. I equate it to as much, if not more, than what I had to study in university, and I certainly have more passion for this then for my multimedia degree.

So as a quick word of caution, do not even think about jumping into forex unprepared because it will swallow you whole. Read as much as you can. A good place to start is http://babypips.com. Digest the whole site and start learning on other traders' experiences. It will save you a lot of heartache later on.

I started trading more than a year ago, and have only started generating profits now. I keep my journals at http://forexjournal.weebly.com.

Make Money Fast on Small Stakes With a Proven 3 Point Plan

By Kelly Price

If you want to make money fast and you only have a small amount of seed capital to start, you need to leverage your money with a plan and here we will show you how. It's a method to make money fast anyone can learn.

Let's assume you have $500 you could get $100,000 right now to invest, no credit checks required! This means of course if you use this leverage wisely, you can build wealth quickly.

So where can you get this leverage?

Simply open an account with an online currency trading broker and they will let you have it and don't worry if you have no trading experience! Why?

Because, everything about trading currencies can be learned and once you have mastered the basics, you could be buying strong currencies against weak ones, using leverage and making money fast.

FACT

Anyone can learn to be a currency trader, no college education is required, just a few weeks study and the mindset to succeed.

So how do you do it?

You can use forex charts and simply follow price action, then lock into trends. Currencies trend for weeks, months or years and if you can lock into and hold these trends, you can make a lot of money.

Certain chart patterns repeat because human nature repeats. All you need to do is learn the patterns

So what's the Hard Part?

Of course, making money isn't a walk in the park and you need to be disciplined.

You need take your losses quickly and keep them small. The major difference between winners and losers is discipline. Most traders hate taking a loss, hang onto long and with leverage, this leads to a loss.

You must lose to win in currency trading and have no ego.

If you can discipline yourself to do this, then you can make a lot of money.

The good thing about being a currency trader from home is - you can learn it in fact, anyone can and while discipline is hard, it's also a learned skill.

The currency markets are the final frontier of the free market economy. They literally put you in charge of your own financial destiny and represent one of the few areas ordinary people can start with small stakes, make money fast and build wealth quickly.

You have huge leverage on your side and if you learn to use it wisely, then you are on your way to a good second, or life changing income, for just a few weeks study and 30 minutes work a day!

If you have some seed capital, a burning desire to succeed and a willingness to learn, then you're all set to make money fast, in the worlds biggest and maybe best business opportunity.

Are you up for the challenge is the question?

If you are, you can change your financial future forever, it's all up to you.

NEW! 2 X FREE ESSENTIAL TRADER PDFS
ESSENTIAL FOREX TRADING COURSE

For free 2 x trading Pdf's, with 50 of pages of essential info on Forex Trading Success and more essential Forex Education visit our website.

Forex Trend Following - How to Catch and Hold the Big Trends For Huge Profits

By Kelly Price

The really big profits come from catching and holding the big long term currency trends which can last for weeks, months or years and this article is all about turning these trends into triple digit profits...

If you look at any forex chart, you will see long term trends and here is a simple forex trading strategy for turning them into profits.

Learn How to Use Breakouts

The first point is most new trends and continuations, start from new market highs.

If you want to make money then you need to buy breakouts.

Most traders make the mistake of waiting for prices to pullback to get in at a better "price" but the move doesn't in most instances it continues, so you must learn to buy breakouts - if you want to get on the side of the big trends.

Valid Breakouts

Not all breakouts have the same odds of success and you need to be selective in your choice to catch the best ones.

Generally, a breakout is valid if the breakout point, has been tested several times
(the more times the better) and if this has occurred in different time frames which are spaced wide apart, that adds to the validity of the resistance.

You are generally looking levels the market participants consider important and when the level breaks look to go with the breakout. You don't just buy though, you need to check momentum.

Confirmation

Momentum indicators are discussed in our other articles but they simply allow you to gauge the strength of momentum and if its rising then chances are the breakout is valid and will continue. You only need one or two to confirm and our favourites are the RSI and stochastic. There visual indicators and easy to learn and apply.

Applying the Stop

Applying the stop is easy it's under the breakout as the previous resistance broken will now act as support.

The Key to Making Triple Digit Gains!

Is how you trail your stop remember if you have had a valid breakout chances are it will last a long time weeks or months and you need to stay in the trend. Most traders get so excited when they have a profit; they want to lock it in and protect it and move their stop up to quickly. They then get knocked out of the trade by random volatility, get a marginal profit next, then they see the trend sail on over the horizon, piling up thousands of dollars in profit and their not in!

Keep your stop back and trail it slowly.

You need to give the market room to breathe and accept drawdown in the short term and keep your eyes on the bigger long term prize, when you bank.

A good way to do this is by using key moving averages.

Generally dips to the 20 day are areas you can load up more trades in the direction of the trend and the 40 day MA, is a good area to have your stop in line with nearby trend line support as its outside of random volatility and will keep you in the trend.

Sure you give a bit back at the end but if you got 50% of every major trend you would be very rich.

A Simple, Time Efficient Way to make Triple Digit Profits

The above is a simple way to make money from long term trends and I know traders who make 100% annual gains doing the above. Another advantage of this type of trading is it takes less than 30 minutes a day. You also don't have to worry about watching prices all the time and you don't have to trade often.

Long term trend following can be very profitable if you follow the above tips and there easy to do.

NEW! 2 X FREE ESSENTIAL TRADER PDFS
ESSENTIAL FOREX TRADING COURSE

For free 2 x trading Pdf's and more essential info on Forex Trend Following and an exclusive risk free Forex trading Course visit our website.

 

GooContents | Jump to TOP