Forex Armageddon Review - Does This Forex Online Trading System Really Work?

By William Barnes

Are you keen to learn how you can profit from the movements of currencies in the Forex market? One system recently created by some experienced traders called the Forex Armageddon really intrigued me, and I went ahead to buy it for testing.

1. Why Would Anyone Need A Forex Trading System?

Without a way to trade the currency market systematically, traders have been known to lose thousands of dollars a day due to their emotions affecting their decisions when they trade. The only small percentage of traders who make money from the market month after month all have a time tested and proven system that they know will make money over the long run. This is exactly what Forex Armageddon wants to help you achieve.

2. What Exactly Is Forex Armageddon?

It is a type of currency trading system that tells you exactly when to get in and get out of the market based on a formula that has been calculated to work. Even though this system is not perfect and produces some losing trades occasionally, it has helped me generate a good amount of profit over time. The system itself is very different from many others I have tested before and failed with.

3. Who Can Use The Forex Armageddon System?

I have been trading the Forex markets for years, and this system has worked well for me so far, taking away all the efforts I needed to spend before analyzing charts. However, this system seems to have been made for beginners since it does not require the user to have an in-depth understanding of currencies. Users will be taught all the terms they need to know in the written guide.

Is Forex Armageddon a scam? Visit http://www.top-review.org/forexarmageddon.htm to learn more about this Forex Trading Manuals system!

Choosing the Best Forex Trading System

By Thomas Wild

So, you are interested in trading. Maybe you are a novice, maybe you have moderate experience, maybe you are an expert. No matter what your level, but especially if you are a beginner, then you need to choose the best Forex trading system. The only problem there is - which do you choose? There are a number of trading systems available to you, after all. If you are indeed a novice, how do you know the difference between them? Well, for one thing, you definitely need to research all your options. That is going to benefit you the most. With that in mind, perhaps you would like to consider the Forex Killer trading system.

First and foremost, a bit about the history of this trading software is necessary. Forex Killer was designed by a man named Andreas Kirchberger. That name might not ring any bells, but if you read on, it is going to become very important to you. You see, Mr. Kirchberger is a trading expert. He has worked with some of the biggest investment banks that can be found in Europe. He used his considerable knowledge and expertise to design this software. The premise is to make it easier for beginning traders to make an amazing profit. The Killer system does this through a complex combination of algorithms and signals which work to provide you with a means to decide whether any particular trade will be successful or not. All you have to do is input the currency in which you are interested, i.e. USD, EU, et cetera.

The features offered by the software contribute in making it the best Forex trading system you will come across anywhere. For instance, you can use it in any country - and you will be able to reach a large number of countries in turn. You will be able to work with multiple currencies as well; you are by no means limited to the U.S. dollar or the Euro.

It offers comprehensive analyses of current market trends; it recognizes their worth early on, which in turn provides very quick trading and give you a leg up over other investors; it can trade for you, automatically, whether you are actually at your computer or not; and it can work, tracking and operating, on a number of different markets, all at once. It does all this thanks to the mathematical models and decision making technologies on which it is based. Best of all, it is extremely simple to use, so you will not have any difficulties understanding the process whatsoever.

Click here to check out reviews, customer feedback and vital information on the top three selling Forex trading systems.

Learn to Trade the Forex - Get an Automated Forex Bot

By Ryan Oberholzer

So you've heard about the Forex market and how people are making money off it and now want to earn as much as these people are earning. The problem is, you have no clue as to what goes on in the Forex market and how to trade.

In the past, your lack of expertise in trading would've presented a big dilemma. Thanks to innovations in technology, however, you don't have to worry about this trifle matter at all these days. Nowadays, it doesn't take a genius to profit big time in the Forex market. All you need is an automated Forex bot.

What is an automated Forex bot, you ask? Well, my friend, an automated Forex bot is the answer to your prayers. It is a virtual robot that manages Forex accounts and trades using tried-and-tested strategies that it has been programmed with. There are several of them in the market. All you have to do is choose the one that tickles your fancy.

Once you've picked out a trading system of your choice, make sure to employ a fool-proof purchasing plan. Ask the seller or dealer if you can use a demo account first (this should be free of charge) before buying one and, if you're happy with the results of your little test, make sure your automated Forex bot comes with a money-back guarantee (60 days should be good).

Investing in Forex trading, with an automated Forex bot, is one of the best financial decisions you can make.

For reviews and information on the top 3 automated trading systems please click here

Forex Trading Made Easy - Automated Forex Trading

By Ryan Oberholzer

When you engage in Forex trading, your goal as an investor is to, naturally, earn from foreign currency movements. The Forex market is a plethora of income-generating opportunities, with 24-hour trading, non-stop access to Forex dealers around the globe, some zero-commission trading options, low-margin requirements for leveraged trading, and the ability to profit in rising or falling markets. In short, using language you can understand, investing in the Forex market is the way to go if you're serious about making money.

We're guessing you are because you're still here. Good. Now you can find out the secret in making Forex trading a whole lot easier, improving your chances of earning. No, you don't need to enroll in a finance class and acquire expertise in trading. That'll take years. What we have is an instant solution: an automated Forex bot.

An automated Forex bot is simply a virtual robot that handles Forex accounts. Basically, it does all the trading for you, day in and day out. That's right. Now you won't have to miss an opportunity to make money. Your automated Forex bot will be there to monitor your trading status when you can't, like when you have an important meeting or date to attend to. You can buy one for less than a hundred bucks, and the returns are higher than the investment, or try a free demo account to test the waters first. Plus, if you're not satisfied, a 60-day guarantee can bring you your money back.

With an automated Forex bot, trading has never been easier and better.

For reviews and information on the top 3 automated trading systems please click here

Bad Debt Settlement With Automated Forex Trading

By Ryan Oberholzer

Are you in debt? Buddy, I know exactly how you feel. Family and friends have already lent you the last dime in their pockets. Banks and other money-lending firms won't open their doors for you and give you the cash you need. I've been there. Just like what you're doing now, I looked for money-making ideas, as well as tips on how to overcome debt. Luckily, I stumbled upon a comprehensive article about the Forex market and how engaging in trading can solve a financial crisis. And now it's your lucky day.

I will not, however, go into the whole nine yards and share every single detail I learned from that article I told you about. All you really have to know in order to make substantial profit with Forex trading the easy way is by buying an automated Forex bot. That's right - a virtual robot that will manage your Forex account and do all the trading for you while you set off to attend to other matters. What more can you ask for?

Well, for one, you can ask for a 60-day money-back guarantee from your seller or dealer. This way, you can protect yourself from fraudulent deals. Another thing you can do is to ask for a free demo account, which allows you to trade using play money so you'll have no risks while checking to see if you can really make profit in the Forex market.

Save the last few hundred dollars to invest in Forex trading and overcome debt.

For reviews and information on the top 3 automated trading systems, please click here.

Automated Forex Trading For Stay-at-Home Moms

By Ryan Oberholzer

Are you a stay-at-home mom? If you are, then you know how rough things could get when you and your husband are not making enough money to feed hungry mouths, pay the rent and the bills, and send the little ones to school. With the rising cost of living these days, you're bound to face some tough times if you don't act now.

There are many available jobs for stay-at-home moms, but you already know that, don't you? The reason why you're not applying for any of these jobs is because, we guess, there won't be anyone left behind to take care of the kids and the household chores. So how can you possibly make money with so many things to attend to every day? The answer is simple: engage in Forex trading.

Ok, yes, we know what you're thinking and you're right: Forex trading does need constant attention and monitoring. But not when you use an automated Forex bot. An automated Forex bot can do all the trading for you 24/7. You don't have to worry about its efficiency - you can try it for free. Yes, without having to shed a dime, you can have your very own demo account to get the hang of it. The best part is, once you've decided to purchase one, there's a 60-day guarantee, which means that if, after trying the system, you're not satisfied with the results, you can get your money back. It's a win-win situation, as you can see.

So what are you waiting for, pretty momma? Get an automated Forex bot now!

For reviews and information on the top 3 automated trading systems please click here

Currency Forex Online Trading Analysis - Fundamental Analysis

By Peke Dippeli

There are basically two different ways to analyze the forex markets, fundamental analysis and technical analysis. In this article I am going to talk a little bit about fundamental analysis.

What is fundamental analysis? Fundamental analysis is a type of market analysis where you study the economic situation of different countries. You try determine the present and the future value of a currency by social, economic, and political variables. Fundamental analysis is suited for forecasting long-term movements. Fundamental analysis requires a basic understanding of supply and demand and what things affect those.

Fundamental analysis in usually broken down into two different categories: capital flow analysis and trade flow analysis. In capital flow analysis you analyze are capital flow going in or out from the country. If capital is flowing in to the country that means people are investing and currency is strong. And vice versa. In trade flow analysis you are trying to analyze the trade flows. If export > import (positive trade flow) it is good for the currency. And vice versa.

General in forex market the most important fundamental things to watch for is:

#1 Economic calendar (contains the info on when different stats are going to be published)

#2 Speeches (from FED or European Central Bank)

#3 Interest rates (rising interest rates -> currency will strengthen)

#4 Employment situation (decrease in the payroll -> weak economic -> lower interest rates -> currency will weaken)

#5 Trade balance and budget (significant trade balance -> weak currency)

#6 Gross Domestic Product (high GDP growth -> high interest rates -> strong currency)

#7 Retail sales (first indicator of the strength of consumer expenditure)

#8 Durable goods (rising durable good orders -> strong economy -> rising interest rates -> strong currency)

What to do with this data? Well, the most important to thing to keep in mind is that you actually follow the data! Look the economic calendar and don't trade if there are some stats coming. Wait and see first. Know which indicator is rising / falling and is there any difference between the expected and actual results (if there is, market will usually correct). Find out what is the indicator most traders are watching and look those same indicators. Popular one is interest rates and inflation indicators. Other traders will watch those, so they have an impact to the prices. Also pay attention to any news during the day, this currency markets can move fast.

For more info: http://currencyforexonlinetrading.zoxic.com/ Peke Dippeli is an online trader who specializes in currency forex online trading. For more information, please see http://currencyforexonlinetrading.zoxic.com/

Forex Brotherhood Review - Trade Forex Like a Pro

By Nadav Snir

Trading the forex, or currency exchange, market is not an easy mission. There are many factors to consider, news events to read, and questions to ask. Unfortunately, unless you have a close friend who also trades in this market, you have no one to guide you through this difficult and volatile market. This situation leads to many losses and many traders who quit on their first year of trading. However, there is a solution for this problem. It is called Forex Brotherhood.

Forex Brotherhood is a complete package of all the information you need about the currency market. From forums and webinars to daily reports, this product has it all. Having the Forex Brotherhood is like having a professional trader looking behind your shoulder, making sure you are making the right trades. You will never make a wrong trade again.

One of the features Forex Brotherhood offers is two daily reports about currency news and events. This way you are not left alone in the dark, and there is someone who shows you the way. You can easily collect these reports into a big library which will help you to easily understand the world of forex trading.

Webinars are an excellent way to learn a new skills, and that is exactly what the Forex Brotherhood package offers, twice a day. The host of the program gives two daily videos in which he explains exactly what is his plan for the day and how you can copy his moves. These videos also help you learn more about this complex market.

Forums are a great way to learn and share, and Forex Brotherhood offers a wide range of forums in many topics related to the currency market, from general forex chat, specific currency pairs, and trading psychology to your spending plans. All these forums have one purpose: to make you the most professional trader you can be.

To get Forex Brotherhood and start enjoying its wonderful benefits, visit the Forex Brotherhood review in Great-Info-Products.com About the author: Nadav Snir is a stock market trader and forex trader. You can find more information about forex trading and Forex Brotherhood at his site at http://Great-Info-Products.com/Forex/forex-brotherhood.html

FREE Forex Robot - This One is Free and Makes Money

By Kelly Price

The free forex robot we are going to look at is free and makes money, yet most traders never consider it. Lets look at how and why it works but despite this most traders wont use it...

Automated Forex trading systems are big business online - but the vast majority don't make money. They simply promote paper track records which fail in real time trading and destroy the traders equity.

The one we are going to look at here has worked in real time and many of the top traders have used it in their forex trading strategies, to make big profits.

This is a simple system it only has one rule to follow. The system was devised in the seventies by one of the great traders Richard Donchian, who used it to trade commodities markets.

It doesn't just work on commodities it works on any trending market and currency markets are therefore ideal, as they offer excellent trends.

Let's take a look at the rule of the system which is called the 4 Week Rule.

Buy a new 4 week calendar high - stop and reverse the position, on a break of a new 4 week calendar low and then look to stop and reverse again on a new 4 week calendar high and continue to do this always keeping an open position in the currency.

That's it and while incredibly simple, it works for the following reasons.

It's based on breakout methodology

It's a fact that most big trends, start and continue from new market highs or lows, so this forex robot will make sure you are in on all the big trends and profits.

Long Term Trend Following

It's based on catching and holding the long term trends.

A look at any forex chart will reveal trends that continue for many months or years and this trading system will keep you in them without getting bumped out by short term volatility.

It's Totally Objective and Disciplined

You don't have to think or make subjective judgments; you get a clear cut signal which you simply execute in the market.

It's Time Efficient

It will take you around 15 - 30 minutes a day to operate and that's it, you can go and do something else.

Like any forex trading system it will have a weakness and this one will generate losses, when markets don't trend or are in periods of consolidation, so you can consider adding another exit rule:

Place a stop at a one or two week high or low and then go flat and wait for the next signal.

This can help combat a non trending market but whichever way you choose this free forex robot will make big long term gains.

Most traders don't even consider this system, even when they know it works!

Why?

Quite simply because they think it's too simple (even though all the top trading systems are), also it's not a system that goes for pinpoint market timing and many traders want to predict highs and lows, even though its obvious this is not possible.

Finally, it just isn't packaged nicely - you get no flashy box, or name that indicates it's vicious animal, or a load of garbage sales patter.

For some reason traders will buy forex robots that have never been traded but one that can make them money - they ignore it!

If you want to make money in forex trading, this free forex robot will help you and you should try it. The system doesn't cost you anything and has been used for over 20 years by numerous traders, to improve their forex profits and it can help you achieve forex trading success too.

NEW! 2 X FREE ESSENTIAL TRADER PDFS ESSENTIAL FOREX TRADING COURSE For free 2 x trading Pdf's and more on the best FREE Automated Forex Trading System and an exclusive risk free Currency trading Course visit our website.

Currency Swing Trading System - A Simple Route to Forex Profits

By Kelly Price

If you want to get started in currency trading, currency swing trading is ideal. Here is a simple, easy to understand swing trading system to help you trade currencies for profit.

Swing trading is based on sound logic, unlike forex scalping or day trading which is the route a huge amount of traders go and lose.

Forex day trading and scalping doesn't work, because volatility in short term time frames is random, so you can never get the odds on your side.

Currency swing trading though involves using valid data of around 2 - 7 days which is valid and is based on the following logic.

Markets move to the following equation.

Fundamentals + Trader Perception of = Price

It's not the facts that are important; it's how traders perceive them that is.

Traders will always push prices to far away from the fundamentals, when greed and fear take hold.

Prices then become overbought and oversold in the short term and by executing trading signals against these overbought and oversold levels, the trader can make a profit, as prices return to more realistic levels which are in line with the fundamentals.

These price spikes are easy to see on a forex chart.

The trader can use the following method to take advantage of opportunities.

1. Look for a price spike

You are looking for price spikes, that make the market overbought or oversold in the short term and look for a level you think will hold.

2. Use Momentum Oscillators

These will show you when short term prices are overbought or oversold.

We have discussed them fully in our other articles. Some excellent ones to use are - the stochastic, RSI, ADX AND MACD.

These are visual indicators and you don't need to know the calculation, just look at the visual set up.

When currencies become over bought or oversold, you look for a price change in the opposite direction, supported by momentum changing in the direction you wish to trade.

3. Stop and Target

When you get the chance to execute your trading signal, put your stop behind the area of support or resistance you are trading into.

You then need to look to take your profit early if the price moves your way and do it, just before it reaches an important level in the other direction.

You should always take your profit early, before other traders do, as this keeps the odds in your favour.

The above is simple to do and can make big profits.

Currency swing trading is ideal for novices, as it's easy to understand, you get plenty of action and of course, it can be very profitable.

If you want to make big forex profits a currency swing trading system can do it for you. Make swing trading part of your forex trading strategy and it can give you big long term consistent profits.

Try swing trading in currencies and you maybe glad you did.

NEW! 2 X FREE ESSENTIAL TRADER PDFS ESSENTIAL FOREX TRADING COURSE For free 2 x trading Pdf's and more FREE Forex Guides and an exclusive risk free Forex trading Course visit our website.

Forex Auto Pilot Trading

By John J. Drummond

Imagine if you could trade forex on auto pilot, wouldn't that be a cool thing to be able to do? Well, the truth is that you can. In today's market with the technological innovations of the past few years, there are a number of tools which allow you to actively trade on the currency market without having to do much or even all of the work yourself.

While good old Forex education and manual trading is still an important thing and a viable part of every trader's core business, more and more people are supplementing their manual trading with automatic forex trading, the kind that's done for you.

Forex auto pilot trading requires a few things:

1. A forex trading robot which can actually trade on the market for you. There are a number of such tools available at affordable prices and I provide links to them at the end of this review.

2. You need to spend some time learning how to operate the robot, install it, make sure it runs well, and test it to see that you haven't missed any steps in the set-up process.

3. You need to let it do its work with minimal interruptions by you and allow it time to beat the probability game. Remember, Forex autopilot trading doesn't mean that you can't suffer loses. Indeed, this is something which will happen occasionally. What you need to do is give the software enough time to do its magic and win in the probability game, meaning that over time, you will see your profits grow more and more.

4. You mustn't remain complacent - Some trading programs work better in certain market conditions than others. Therefore, once in a while, try out a new trading program or system. By doing so, you will have created an army of machines that do your bidding, and these machines have one goal only: to make you richer and richer.

Automatic Forex trading is here to stay. To avoid being at a disadvantage in the market, you need to get on board before being left behind.

To read more about this software, click here: Forex AutoPilot 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.

Automatic Forex Trading Software Review - Common Mistakes People Make

By John J. Drummond

Automatic Forex trading has become a popular thing over the past couple of years as more and more people flock to the currency market and seek out new ways to carve a personal slice of the 3 trillion dollar cake which the currency market sees every single trading day.

On the surface, it sounds excellent: who wouldn't want to have a software which does all the trading process for you, right?

It's easy to just sit back and watch the money roll in, but often it just doesn't work that way. Sometimes, it's the fault of the programs themselves. They're just not good enough. But often, it's the fault of the trader. There are common mistakes which people make when they first come across automatic forex trading software. Here are some of those mistakes:

1. They don't let the program run for a long time - Some people believe that once they have a software working for them, that they can't lose. Ever. That's far from the truth. Even great programs, and I provide a link at the end of this article to a few of them, make mistakes and can lose you money. You need to let the machine work over time so it can win for you in the long run due to the power of probability. If this automatic program can win more than it can lose, you will make more money in the long run. Simple as that.

2. Using one program only - I know this may seem like a counter intuitive thing to do, but using one program only is like putting all of your eggs in one basket. You need to use more than one automatic Forex trading software, because each program has some market conditions in which it's weaker than in others. Using a couple of programs will keep you covered much better.

3. Thinking all Forex trading programs are scams - If you stumbled upon a bad software, and it happened to most of us, it means nothing about the next one. It's just like dating: you need to continue looking until you find a good working program for you.

4. Being lazy - As I said, each program has its downsides. This means you must continue to educate yourself on trading all of the time. Become better at trading and all of a sudden you will also see better results from your automatic programs. Why? You will know how to set them better in different market conditions and so squeeze more money out of their performance.

Overall, using a trading system is something which can save you a lot of time and effort, and can also make you a lot of money. When you buy a good one, it can pay for itself over and over again. Just think of it as an investment and start making more money on the Forex today.

To read more about this software, click here: Forex AutoPilot Trading. 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: Automated Currency Trading Programs.

Learn Forex Currency Trading Online

By John F Smith

Forex market participants will normally interact with almost all kinds of traders and money managers online. It is therefore important to learn forex currency training online, otherwise, success will be out of reach. This is essentially true since the confusing world of numbers and strategies will surely give mind bogging experiences to a forex trader every hour of his work. For this reason, future traders surely need to undergo trading trainings in school or even online.

Trainings are constituted in courses from different academies and schools, which aim to teach the aspects of forex trading through the use of latest forex tools and systems. A future forex trader is taught how to effectively control his own order flow though forex trading platforms.

If you want to take up a course in a real school, where you are given the opportunity to interact with a real professor, it is more likely to gain better education than in a virtual academy. Apparently, learning is better in hands-on training since you are allowed to practice the techniques and tactics while an instructor watches over his work. Through such nature of learning, networking and mentoring in the school continues beyond the scope of classes. You can even find new friends or possibly, future partners in forex trading business.

Though going in an academy is good as an alternative, it would not be bad at all to learn forex currency trading online. If you want to be a well-equipped trader, make sure that you will have the best choice for the forex training courses. Look for the ones that present logical and professional methodology.

Although training and education in Forex can be a great help it can also be extremely expensive. We have reviewed software that not only offers you a platform on which to trade but also one on one consulting and training from forex experts. Check out our forex trading software reviews to see some of the best trading software and training packages available online.

Forex Trading Account Online

By John F Smith

All currency rates are inevitably changing. The Euro-USD goes up and down constantly, usually in small rise and fall. The daily fluctuations of 1% often takes place. However this 1% change can be exploited for profit. This is one of the many evidences that forex trading needs to be monitored by efficient tools. This will help you get strategies by having your own forex trading account online.

Say when you invest a 1:100 leverage, and there are changes of 1.2% that would turn to 120% in a day or even in minutes. You will earn unlimited profits however, you might have negative profit when the exchange rate moves against your favor. It is therefore important to get the right service for your forex trading account online.

There are lots of trusted sites that offer reliable services. You can make your own account any minute of the day. Upon making your account, you will also get daily recommendations from expert analysts for the betterment of your business. Also, registering will let you fund your own account by credit card, moneybookers, paypal, and bank transfer.

Before making an account, assess the site that you are registering in. Be warned about forex scammers that will take away profits from your account. Always remember that you are going to have a long-term business so you must make sure that your account will last for the longest possible period. To know the best about forex trading, you can continuously learn from online schools, if not, you can enroll in a reliable academy that offers forex market courses.

Many insider forex trading strategies include using forex trading software to predict future changes in the market, this allows you to have a cutting edge on the competition. With so many software packages on the market we have decided to create an unbiased review of the top 6 best forex trading software packages available. Check them out at http://www.forexrevealed.net

Forex Exchange Rate

By John F Smith

Forex exchange rate is very important in dealing with foreign exchange business. Why? Because in the exchange rate, a trader will know if it is the right time to sell or buy a stock to gain the most. But before the exchange rate should come out, a good trader must know in advance how it will end or close so the sell or buy decision can be done right before the rate goes up or down. This skill is prevalent on forex senior advisers and/or specialists. But that does not mean that only the best traders will earn, whatever the skill level a trader has, forex can enhance it to become one of the best earning traders in the business.

A trader will be equipped with all the important knowledge, skills, and attitude needed to make it big in the business. At forex, an important analyzing tool is a platform. These are tabulations of accounts that are usually based on windows, java, web, or wireless. Depending on the choice or the tool a trader has, he will be able to acquire enough knowledge about his own stock. These tools are also jived with the rest of other tools like market researches, charts, and many others pertaining to forex exchange rate.

Being fully equipped by going through the online education provided for every trader is the best tool a trader can have though. It is therefore recommended that one must go through it and in less the time, a trader can fully predict the opening and closing rates that will also establish the tempo in buying or selling decisions.

When performing forex analysis nothing works better than proven successful forex trading software. Forex trading software can give you the insight other areas of research cannot, easily and quickly. Check out our recommended picks for the best forex trading software available on the web at forexrevealed.net.

Why Forex Trading is the Answer to a Struggling Economy

By Jim Buhs

I know it may seem strange hearing that forex trading is the answer to a struggling economy. Especially when you consider how much the economy affects the value of currencies. But if you think about it, how many other businesses are completely recession proof? In the times we live in, there is no better freedom than being your own boss. Forex trading gives you that option along with many other perks.

It seems like all you hear in the news is how many people are getting laid off, how many people are losing their homes, businesses going under, etc... Obviously times are tough. Small time traditional bricks and mortar business are struggling to succeed now more than ever. What makes forex trading so amazing is that your business can be as successful when the economy is flourishing or during a recession. As long as you are able to trade on either side of the market (long or short) it you can be successful.

Another great advantage to trading forex is that you can save so much money on gas. This didn't use to be such a big issue but in the times we live in, people are going broke just filling their gas tanks. Think of how much money is spent on gasoline from people just commuting to and from work. The beauty of forex trading is that it is all done online. There is no need to sit in gridlock and waste 2 hours of your day just from being in a car.

To learn how to trade forex, make sure to check out my squidoo lens. To see more unbiased forex reviews, make sure to check out LearnForexDirectory.com

What Are the Best Forex Trading Strategies?

By Jim Buhs

Finding forex trading strategies are really not that difficult. There has to be thousands of them on the internet. Traders usually flock from one to the next, trying to find the holy grail. Let me save you some time. There is no holy grail. There aren't any forex trading strategies that are 100% perfect. You are going to have some losses. Its all part of the game. The sooner a new trader can accept that, the better.

So what are the best forex trading strategies? Well, if you are into using a lot of indicators on your charts, I'm sure you won't find any shortage of systems. They're everywhere. You can scour all the forex forums to get your fill. In my experience all the forex trading strategies that relied on lagging indicators gave me the same sub-par results. The one thing I couldn't get my head around was that I was just waiting for a signal solely based on these indicators. The price of the currency really had no effect. I could have actually turned the price chart off because the only thing that mattered was what the indicators were saying.

I never felt like I had an understanding of the market. After all its not like the big time forex traders in the world are really concerned where the stochastics are at before they pull the trigger on a trade. The moment I cleaned out my chart and took off my indicators, I realized that all the information is there. The indicators were just blocking it.

Trading price action is an important skill to learn with forex trading. To check out more forex reviews, make sure to go to LearnForexDirectory.com

Trading Forex on Autopilot - Why Would You Trust a Robot?

By Jim Buhs

Expert advisors and automated trading systems are the latest trendy ways of trading forex. For the life of me, I will never understand how human beings can let a robot do the trading for them. All of these forex autopilot systems are based on lagging indicators, such as moving averages, RSI, and many others. So not only is a robot doing the trading for you, but you are using a system that's based on past information, which offers no future insight into price movement.

Every forex trader who has been trading for over a month, I'm sure has heard this statistic: 95% of forex traders fail at making money. If the majority of people who are standing in front of their computers and are able to know about upcoming or breaking financial news and still can't be successful, then what makes you think that a robot will be as intuitive.

These kind of inventions were made for the times we live in. They market these autopilot systems so people would think that trading is so simple it can be done without any kind of human interaction. It sounds like such a novel, yet 21st century idea,. People think my computer is making me rich while I'm busy shopping. Well, it doesn't quite work like that. If you don't believe me, you can go to any forex forum and find hundreds of people working on expert advisors. You can see the stories of people that have dedicated years to building the ultimate autopilot system. The sad thing is they will never find it.

The forex market is constantly evolving. Maybe someday these trading robots will be as intuitive as humans. When that day happens I'll be the first one to give them the reigns to my trading account. However, until that day happens I'll stick with what's worked for me.

I was lucky enough to finally learn that the real key to forex trading is using price action. Once I was able to see a chart without indicators, it was like seeing the markets in a brand new light and finally enjoy forex success You can see my complete unbiased Forex Autopilot Review at LearnForexDirectory.com

The Top 5 Reasons to Start Trading Forex

By Jim Buhs

Forex trading is growing in popularity by leaps and bounds. It is going to soon surpass stocks as the day trader's market. Here are the top 5 reasons to start trading forex:

1) Be Your Own Boss - Well, to say that the recent economy has been a bit shaky is a bit of an understatement. People are getting laid off left and right. It's getting tougher and tougher for the traditional family to make ends meet. Add that to the fact that the cost of gas keeps going higher by the minute, people are starting to look for ways to be their own boss. Forex trading allows people the opportunity to say goodbye forever to their boss and job. There is no one to answer to. If you want to hit the snooze button and wake up late and not bother trading for the day, that's your choice as well. Another great benefit is how much money you'll save on gas by not having to drive to and from work everyday.

2) Travel Anytime You Want - Even if people are lucky enough to be their own boss,most don't get the true liberty of traveling when and where they feel like it. They are usually stuck in wherever their business is. But with forex trading as long as you travel to a destination that has internet (which is most of modern civilization) your business can go with you. No boundaries. You can go see the world and still make the same money that you would at home.

3) Forex is completely recession proof - Unlike almost every businesses that hinders on the strength or weakness of the economy, making money with forex is completely recession proof. It makes absolutely no difference how good or bad the economy is doing. As long as you can trade either way of the respective market, you can be successful.

4) A 24 hour market - This benefits everybody. You will always find trading opportunity at some time in day. It's perfect for folks who still work the 9-5 jobs. Unlike other trading instruments like stocks and futures, the markets closes at 4 pm. So by the time most people get home there is no market to trade. That's not the case with forex.

5) Much easier entries for beginners - When opening a stock brokerage or futures account the minimum to open is usually pretty high. Minimums can be as high $10,000. With forex, you can open an account with most brokers for less than $500.

To learn how to get started and to trade forex successfully, make sure to check out my squidoo lens. Also to see more forex education reviews, make sure to go to LearnForexDirectory.com

Is it Possible to Be a Forex Millionaire?

By Jim Buhs

Well, of course it is! There are new forex millionaires everyday. The bad news is that 95% of forex traders fail to even make money. So the chances of you just making money trading forex are against you, much less becoming a millionaire. So what's the secret? Why is it that so many people fail and so few succeed.

Well, lets take a look at this logically. When so many people are failing at trading forex, why not just trade the way the successful traders do? I know that sounds like a no-brainer, but why is it that so many traders don't think about that? The majority are using the same lagging indicators that have been proven to show no forecasting benefits.

If there is one major contrast between the pros and amateurs, its that the majority of the pros don't need all the bells and whistles that the amateurs just love. If you read many trading journals, magazines, newspapers, you'll notice most pros mention they don't even use indicators. They solely rely on price action to tell them when to buy and sell a currency. To those that have only traded with indicators, this may seem like a strange method, but it's really one of the oldest forms of technical analysis and has been traded successfully way before stochastics were even invented. People like Jesse Livermore became trading legends in the early 1900s by being on the market floor and trading based on the movements of the price. He didn't even have the privilege of looking at a chart.

So it is most definitely possible to be the next forex millionaire. All you have to do is stop following the herd and learn how to properly read the forex market.

To learn how to trade using price action, make sure to check out my squidoo lens. Also, make sure to check out LearnForexDirectory.com to see my highest recommendation Bird Watching In Lion Country

Discover the Secrets to Automating Your Income Using Forex Trading Systems

By Clifford Lindsay

Ever since the introduction of automated forex trading systems, there has been a surge in interest in this type of trading. Small and mid level investors are now getting into the foray of what was once only dominated by banks and other large financial institutions. This market deals with trading the currency of one country for that of another country. Because trillions of dollars are traded 24/7, it makes this one of the largest and most active financial markets.

The advent of internet and advance communication technologies coupled with automated forex trading systems, today anyone can join in the trading provided he has a computer with an internet connection, a forex brokerage account and good knowledge of how trading works. Close and constant monitoring is required if you want to keep your position as the global market never sleeps. Automated systems allow you to pick up a currency and record the asking and selling price. With the help of a broker and your seed amount, your purchase and sell orders would be carried out immediately.

The automatic forex trading systems can help you reap the profits of the market despite the fact that you are not a professional trader. When you trade through managed accounts, the automated system carries out the work for you. You save a great deal of time with these auto systems since you do not have to carryout the trading yourself. Unlike manual trading, the auto systems allow you to manage multiple accounts simultaneously with the help of a trading platform. The biggest advantage of these programs is that you are allowed trading many systems in many markets.

You can use automatic forex trading systems any time you like and it does not require your presence. There is no chance of missing any profitable opportunity even if you are not present in front of your computer. You are then free to use the various forex strategies and multiple systems. Different trade factors impact different systems; you can therefore direct your investments and control risks.

To eradicate human emotions which often come in the way of making logical trading decisions, these automated forex trading systems are indispensable. You can now have the capacity to manage several currencies and monitor and trade them too.

Using an auto forex trading system does not spare you from learning the basics of trading, fundamental and technical analysis, study of market indicators, etc. Several factors and conditions control the market, so no automated system can assure you of profits all the time. You can customize the automated forex trading system according to your specific requirements.

If you enjoyed this article and would like more information on how you can automate your income through Forex Trading. and discover a secret step by step system, never revealed before to generate income automatically. Why not visit and find out for yourself. Discover The Secrets to Automating Your Income Now!

Forex Training - Discover Why Expensive Courses Don't Work

By Brad Nivek

Have you paid out thousands on different Forex seminars or courses only to find they did not improve your trading skills? I can tell you now you are not alone as it is a common problem with virtually all structured courses. Success is never guaranteed with any course, but it is almost certain you have not gained anything to help increase your winning trade percentage.

As I have said, this problem exists with all structured courses as they are designed to be very generic and non-specific. They can help people grasp a fundamental overview of everything involved in Forex trading, but they don't address your problem of learning how to improve your trading skills. The truth is no Forex course is able to achieve what you want because they are not designed to help you, they are designed to give a basic education on the Forex market and are not aimed at improving your trading skills.

Some of the concepts covered in the courses are useful in terms of giving you an education, but they won't help you succeed at Forex. You may have become more familiar with risk management and may have included losing trades in your calculations - but your trading skills have not improved as you still lose the same amount of trades. The only advantage is that you are now more aware of risk management and when you do lose a trade, you don't lose as much money as you would have before having that understanding.

Many people could have wasted their money completely as they already had a good understanding of how the Forex market works and therefore gained no benefit at all. The simple truth is no structured Forex course can deliver guaranteed improvements in trading skills as they are not designed around live trading environments. Most Forex seminars take examples from real market conditions and discuss the theory behind why it happened - but that is with hindsight. They are not able to help you improve your trading skills if a similar trend was starting to occur in real-time.

For some people a structured Forex course will provide some limited benefits as it will educate them on how things work. However, professionals who trade daily and actually make money on a regular basis will virtually ignore the advice given as it simply isn't applicable on a daily basis.

Fortunately there is a solution at http://www.forex-brotherhood.co.uk with daily hot reports and daily seminars. Instead of having to pay huge fees up front for courses that simply do not work, the Forex brotherhood is a monthly subscription service that both educates you and improves your trading skills.

How to Choose a Foreign Exchange Specialist

By Anupama Joshi

Top tips on how to choose a foreign exchange specialist and how to determine the legitimate companies from the 'cowboys':

1. Select a company that has at least three years of audited accounts and is financially strong. It is very important that the forex company you choose has a good track record.

2. Ask what professional bodies the company belongs to. The Association of International Property Professionals (AIPP) is the trade body set up to protect the interests of property buyers and sellers.

3. Find out more information about the company by doing a quick internet search on the company. Look out for whether they have won any awards or have been recommended by a reliable source.

4. Do not let a foreign exchange company pressurise you into doing a deal. Their role is to understand your requirements and to provide you with the information you need, not to hard sell and certainly not to make you trade until you are 100% happy to go ahead.

5. Ask what charges apply. If you are unsure, ask them to confirm in writing. You can really save money by using a well established reputable money exchange company; not only through better currency rates but also as a result of lower transfer charges.

6. Be aware that at present commercial foreign exchange is not an FSA regulated industry because it is not considered 'Investment Business'. Under the Money Laundering Regulations 2003, commercial foreign exchange companies are treated as "Money Service Businesses" which are covered by regulations administered by HM Customs & Excise.

CurrenciesDirect are Commercial Foreign Exchange and Money Exchange Specialist Brokers & Online Forex (FX) Dealers.

10 Minute Forex Wealth Builder Review - Can You Actually Find a Wining Trade in Just 10 Minutes?

By Albert Schmidt

Dean Saunders has released one of his Forex trading systems recently. Many traders already tested his system and give their reviews. I trade Forex myself. As any other trader I am aware that most of so-called "gurus" are only interested in your hard earned money delivering some less than average courses or systems. However sometimes I may find a system developed by another trader that I could incorporate into my trading schedule. For that reason I wanted to find out if this 10 Minute Forex Wealth Builder is for real. So here is my own 10 Minute FOREX Wealth Builder review.

1. Video Format Tutorials
What makes this system enjoyable to learn is that Dean Saunders has created it as a set of video tutorials. I am one of those visual people who learn better by watching someone doing it. But this fact of course has nothing to do with the system itself. If the system will not work for you it doesn't matter how aesthetically fascinating the package looks.

2. Two Parts of the Tutorial
The tutorial contains two parts. The first part will benefit only the beginners in Forex market. If you are just starting off in Forex then this video tutorial will take you by hand and guide you through setting up your first account and will teach you the basics of the charting software. However if you are an experienced Forex trader you can skip the first part of the tutorial completely. The benefit for you is in the second part of 10 Minute Forex Wealth Builder, which actually contains the trading systems themselves.

3. Two Trading Systems
For the Forex pros I will just say that these two systems are based on breakout and market reversal methods (swing trades). For the Forex newcomers here is more detailed information about these systems. You probably already know the powerful concepts of the price support and resistance levels. You can identify dozens if not hundreds of price patterns using only support and resistance. Those patterns can be found in any time frame charts from 15 minutes to daily charts. You can even develop a trading strategy based entirely on support and resistance levels. I say more; you can make a living in Forex if you master only support and resistance. So if you know nothing more about Forex, I urge you at least study support and resistance levels on you charts.

a). Breakout Method.
Now let's get back to the 10 Minute Forex Wealth Builder review. As I have previously mentioned one of the systems in 10 Minute Forex Wealth Builder is based on a breakout method. This method is entirely based on support and resistance. These tutorials will teach you to identify support and resistance levels on charts. Once support (or resistance) is broken you will place sell (or buy) order and enter the market.

b). Swing Trading Method
Swing trading is based on identifying market reversal points. How can you identify those points? By learning the price patterns. As I said before a lot of price patterns are based on support and resistance levels. Those patterns actually show you the probability of market going in the opposite direction to the direction it was going. You need to identify them and enter the market in a right direction.

What are the profit targets for these systems? How long a trade will last? Find out in my 10 Minute Forex Wealth Builder review.

How You Can Increase Your Profit From the Forex Market More Than the Stock Market

By Yeo Kian Poh

As a result of global market players, the Forex market is open 24 hours a day. This can enables investors or traders to correct their positions at any time. Because of the large number of players like Banks, Institutions and Hedge Fund Managers etc, the Forex market has narrow spreads and nearly no price gaps. This lack of price gaps enables investors to count on no-slippage order execution. However do take note that in a very volatile market the likelihood for slippage do exists.

The Large volume of participants in Forex also reduces the chance for insider information or trading. Base on history, there has never been a case of complete currency collapse in a developed country. Forex volatility in the market rarely exceeds 1% per day unlike stock which can fluctuate up to 10% over one trading session.

Trading in the Forex market has the benefit of no transaction cost. Meaning forex brokers do not charge commissions. If they do it is usually relatively small. What you pay is only the bid/offer spread which can be view as transaction cost. Forex spreads can also be quite small in major currency. Unlike stock, once you buy you have to pay commission to your broker. It is usually a certain percent of the total amount of stock purchase.

Forex trading can involves in Long (buy) or Short (sell). It is just easy to take a short position as a long one. Unlike stock, there are some limitations imposed on selling short. Therefore forex trader can easily trade in a rising or falling market.

Forex trading involves leveraging too. With more buying power, you can increase you total return on investment with less cash upfront. However increasing your leverage also increase risk. E.g. With $1000 cash in a forex broker account that allows 200:1 leverage, you can easily trade up to $200,000 in estimated value.

In conclusion, Forex Trading offers a good option to make money in a 24 hours market. It provides leverage, low commission and low amount to start. There is also no insider trader to control the market. Last but not least you can also trade in a rising or falling market.

Find out more on successful forex trading at http://pickupforextrading.com Yeo Kian Poh Pick Up Forex Trading offer a good advice on forex trading system.

What Are the Best Proven Forex Trading Strategies? - Mathematical Forex Trading System Review

By William Barnes

Have you been searching for the best proven Forex trading strategies? There are automatic and manual ways of making money from the Forex markets. Although I use automatic software to do my trading today to make consistent profits, I will discuss a manual strategy that works very well and makes money consistently for me as well.

1. The Richard Donchian's 4 Week Rule

Richard Donchian is a great trading legend, and his 4 week rule system has helped thousands of traders make millions of dollars in their trading careers.

2. Steps Of This Proven Forex Trading Strategy

This trading system may seem very simple, but is actually very accurate and profitable. You simply go long when the price of the currency pair goes higher than all the highs of the last 4 weeks, and go short when the price goes below the lows of the last 4 weeks.

3. Logic Of The 4 Week Rule

This is a long term trend system that makes money. It works very well in a trending market like the Forex. Traders who have not tried it dismiss it because they believe in trendy and complicated systems. History has proven than most major price uptrends start from new market highs rather than market lows. This goes against the common practice of buying when the price is low and selling when the price is high.

4. When Should You Exit?

You should exit your position in 2 week cycles or you might lose a lot of money in a sideways market. Exit your position in 2 week cycles and continue looking for a new 4 week signal after that. Nowadays, I use a trading software that trades Forex and makes money for me automatically. You can find out more about it at the website link below.

Are you looking for Proven Forex Trading Strategies? Read the author's review of the Top 5 Forex Trading Systems on the web at http://www.review-best.com/forex-trading-robots.htm first! The author has found a 100% automated Forex Trading Robot that is making him over 20% returns on his capital every month. CLICK HERE to find out about it!

How to Find the Best Mathematical Forex Trading System Software? - Forex Trading Program Review

By William Barnes

Are you looking for a proven mathematical Forex trading system software that can make money on its own? The Forex market is the largest financial market in the world, but can be very difficult to profit from when the trader does not have the right tools. After searching and trying out various pieces of Forex software, I have found one that I am currently using to profit consistently every single month.

1. How Does The Forex Software That I Use Work?

It is a 100% automated software that opens and closes trades all my itself. All I have to do is set some parameters the first time I start using it and adjust my bank capital size weekly when it changes.

Once all parameters are set and it is trading live, the software will analyze and monitor the markets in real time, waiting for the right opportunities to come along. Once it identifies an opportunity, it will place an order for me automatically, and monitor the trade for me 24/7 from then on. As soon as the price reaches its take profit or stop loss level, my position will be sold automatically without requiring my presence.

2. Making Small Profits Vs. Catching Huge Price Swings

The Forex trading system software that I use aims to make small consistent profits rather than try to catch huge price swings and reversals. Both methods can work of course, but I personally prefer a small profit-taking and low risk system that produces a smoother equity curve since it is much less stressful to use.

3. Can You Use This Forex Trading Software?

If you have not used Forex automated software before, I would highly recommend you to put it on a demo account first to get yourself familiar with how it works. Only when you are familiar should you put it on a live account with real money. You can find out more about this forex trading software that I use at the website link below.

Are you looking for a proven Mathematical Forex Trading System Software? Read the author's review of the Top 5 Forex Trading Systems on the web at http://www.review-best.com/forex-trading-robots.htm first! The author has found a 100% automated Forex Trading Robot that is making him over 20% returns on his capital every month. CLICK HERE to find out about it!

How to Use a Forex Prediction Software For Maximum Profits

By Sean Bailey

Forex trading can certainly take its toll out of any trader, especially because of the fact that you need to pay close attention to the market at all times. One missed action could spell either huge profits or losses for you. Thus, it would really pay to have Forex prediction software on your side.

The Forex market undergoes fluctuations all the time, and these minor changes determine the appropriate course of action for traders to take. If you think about it, wouldn't it be better to have software that can predict the trends that the market just might take? If you have such software for your system, it would actually make you more prepared to come up with concrete decisions for your trading. You can also analyze the possible trends so that you can determine which course of action would garner more profit for your trade. This is precisely why there are so many Forex prediction applications that have been developed by fellow traders and experts.

Because of their popularity, many people have been wondering what makes these applications work. These applications use genetic algorithms in producing Forex diagrams and charts every single day. After thorough analysis of the trends that take place in the market, the software then produces these genetic algorithms in determining future trends and directions that the market might take place. As for the computing techniques of the software, these are all based on historical data and patterns that have been observed in the market over time. The patterns are utilized to optimize the parameters of the system, thereby producing predictions that are more accurate and precise. The applications also produce intra-day charts which also have the power of looking into the future, roughly 6 ฝ hours worth. Essential updates of Forex data and trends also happen periodically.

But if you decide to get the best of prediction platforms, then you should look for the one that can look ahead even up to 20 days. This promises much when it comes to predictions. However, you should not disregard the unpredictable Forex market because in the span of 20 days, you cannot really say for sure that the forecasted market trends would indeed take place. Thus, you should still weigh your decisions thoroughly.

Having Forex prediction software is still not enough, so do not rely on the software to do everything for you. You should still do analysis on your part, thereby giving more focus on the much-needed skills.

Regardless of which softwares you choose, if you are beginning forex trading, it is good idea to use a Forex Prediction Software to help make some profits while learning the ropes. However not all softwares are equal. The best way to get started is to read Forex Robots Reviews

Forex Robots - It's a Shame But They Don't Work, Here's Why

By Samuel Leslie Berkovits

Common sense should tell forex traders, that the vast majority of forex robots promoted online don't work and destroy equity - but traders buy them despite these facts.

Let's take a look at how the world of trading would look if they did work

- Individual traders could quite their jobs and all they have to do is buy $100 buck software package for a lifetime income!

Umm haven't seen this happen yet.

- Banks and brokerages, wouldn't need fund managers as, the robots claim they have better track records.

Funny, all the dealers I know still have jobs!

Isn't it obvious the track records aren't true?

Just check the disclaimer and it will see the record has been made up (apt wording) knowing the closing prices, so it classes as a "simulation". Now to me, I can't spend a simulated dollar so it's not really of any use, its real dollars that count.

What is the point of a robot that hasn't made money?

Why would anyone trust a made up track record, it doesn't make sense.

Of course you get a lot of people saying how they have made money with the robot, have given up their jobs etc - but take them with pinch of salt. When you see these you will soon see an affiliate link nearby and that means - they get paid if the software is sold. So not exactly unbiased!

Another argument for using them is, you get a 60 day money back guarantee on the software price.

True- but that's not compensation if you lose your money trading.

Let's have a reality check:

Forex trading is not something you just stroll into and treat with disrespect.

95% of traders lose, if you believe you will get something for no work and $100.00, the market will teach you some respect.

In forex trading too many people think they can trade with no effort, no risk and make triple digit gains and that's not the world of forex trading.

You can win with forex robots and some have good solid track records - but they all have drawdown (of weeks to months) and normally by around 30% and the best ones, will compound about 30 -50% annually, depending on the drawdown you can tolerate.

Now these are solid gains, with realistic drawdown, serious traders use them and know how they work and exactly what to expect under real conditions.

The forex robots you see heavily advertised will simply wipe you out.

Really if you thought about a triple digit income for the price of a lunch - Doesn't really sound true does it?

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Automated Forex Trading System - A Logical Simple Free One That's Made Millions

By Samuel Leslie Berkovits

You can of course buy one of the heavily advertised automated forex trading systems online - but this one is simple to understand, free and made savvy traders millions and all you need to know about it is enclosed...

Let's start with the ones you can buy and most have nothing to offer apart from fancy packaging and hyped copy, to appeal to greed.

They lack the basic requirement you need and that's having made a profit. Check the track records and there normally just paper simulations done backwards!

Well that's not real dollars and if you want a robot you want one that's Made real dollars and the free one we are going to look at has.

Real Profits for Over 20 Years

The system has been used since the late seventies by serious traders and was devised by Richard Donchian who is considered the grandfather of trend following.

He left some great free info for traders to use and his 4 Week Rule automated trading system, is simple - but don't believe it doesn't make profits it has and still does. Let's take a look at it.

The Rule

This is a one rule trading system which holds a position in the market at all times and this is the rule to execute your trading signals to.

Buy a new 4 week calendar high and reverse this position to a short position on a new 4 week calendar low - that's the rule and it's very simple!

Now you may be saying that's too simple to work but all the best forex trading systems are simple but it works on logic which is valid and here it is.

Trade Breakouts

Almost all the big trends start or continue from new market highs or lows and by getting in on them, you are getting in on the big trends.

Currencies Trend Long Term

They reflect the underlying health of the country they represent so this means long trends of months or years and this system will get you a good chunk of the profits they produce.

You then have a couple of other very important advantages:

- Its objective you don't have to think about the signal you just do it

- Its extremely time efficient and only takes about 15 minutes a day

So is the system perfect?
Of course not all systems have a weakness and this one is no exception.

When currencies don't trend, it will generate losing signals but you can add a filter and exit on a one or two week high or low, go flat and wait for the next signal or you can use a short term moving average. This smoothes the equity curve but whichever way you choose long term this system makes profits.

The best forex trading systems are simple and this one is and don't believe the vendors who try and sell you software with fancy names, clever packaging and a made up track record, go for the real deal and that's a system, that's still used after 25 years and is at the heart of many a successful forex trading strategy.

You don't get much for free in life but Richard Donchian has left something for free, that is valuable, easy to understand and can help any trader seek currency trading success in just 15 minutes a day.

NEW! 2 X FREE ESSENTIAL TRADER PDFS ESSENTIAL FOREX TRADING COURSE For free 2 x trading Pdf's and more on the best FREE Forex Trading System and an exclusive risk free Currency trading Course visit our website.

Why Start Trading Forex?

By Lance Giroux

Are you new to forex trading? It is very simple. To start forex trading, we have to know what forex is. Forex trading means selling and buying different currencies of the world. The biggest and fastest growing market is the currency trading market. A forex deal is made when you buy and sell a currency at the same time. More than $2.5 trillion is the daily turnover. Just as goods are traded in markets, currencies are traded in forex trading market. The currencies of various countries are the "Goods" in forex markets. For example you can buy Japanese Yen with US Dollars or you can sell Euro for Canadian Dollars. It is as simple as trading one currency for another. Due to strict financial regulations individual traders were not allowed to do business in the forex market. Only from the year 1998 was forex trading made available for the public. Now the players in this market are institutional investors, central and commercial banks, hedge funds, corporations and private individuals

Forex quotes are the first thing you have to learn when you start trading. The quotes are always listed in pairs (e.g. AUD/CAD 101.2): the first listed currency is the base currency with a constant value of 1 unit; while the second currency listed is known as counter. If you are a forex novice, then it is worthwhile to play it safe. You should stick yourself to trading with only one currency pair. Once you get used to the system, try expanding your trading. You can be more risk-taking and adventurous. In the example given above, AUD/CAD 101.2 means a dollar of Australian dollar is equal to 101.2 Canadian dollars. That means, the quote shows the relative value of one currency when compared to the other. It implies that the value of AUD had been increased when AUD/CAD quote goes up.

Every quote has two sides, 'bidding' and 'asking'. The profit lies in the differences of 'bid & ask' price. For example JPY/USD 1.2433/1.2441; the 'bid' price is the price at which you sell the base currency; while the 'ask' price is where you buy the base currency. "Spread" is the difference of 'bid & ask'. In the example of JPY/USD 1.2433/1.2441, this means you can buy 1 Japanese Yen with 1.2441 USD or sell 1 Japanese Yen 1.2433. The US dollar, Euro, Canadian dollar, British pound, Japanese yen, Australian dollar, and Swiss Franc are the seven major currencies traded. The most traded currency is the US dollar. If you happen to live in one of these countries it is better to start trading in that currency. It is because you will be in a better position to analyze its strength. To conclude, forex trading is claimed as "The World's Most Powerful Home-based Business". New investors should take time to learn this skill well, attend seminars, do paper work, read books and practice everything with a demo account before you consider trading with your own money. Forex trading is a long term solid way to make money and good profits.

Was this useful or what?! Really, Forex, is one of the best ways to create a solid income. If you want to learn more about Forex and some great tools to automate the process, feel free to visit us at: ForexSystemReport I'm Lance Giroux. Forex system Report ™ Senior Advisor.

The Power of Forex As a Wealth Builder

By Lance Giroux

Foreign currency trading is a powerful wealth builder for individuals and corporate entities as well as nations. For individuals and corporations, they can create wealth by investing wisely in the Forex. The margin of profit for foreign currency trade is very small. But it is made up by the volume of trade. Individuals and corporations buy when their rates are low and there is a chance of going up. When the rates go up these currencies are sold and another currency which has a chance of going up is bought.

Countries and central banks do buy and sell foreign currencies. But their intention is different from that of the individuals and corporations. Two of their main aims are keeping the stability of their respective currencies and boosting their foreign trade. When the currency of a country goes down in the foreign exchange market the central bank buys their own currency and pay in return with other strong currencies. Such currencies and gold are kept as reserves by all the countries. A very effective way to boost the export of a country is controlling the value of the county's currency. Devaluation promotes the exports. But this measure is of only short term benefit. In the long run the cost of production will automatically adjust to the new value of the currency.

In case the cost of production in a country is too low in relation to that of the international standard a revaluation will help realizing higher values for their products and help increase the inflow of foreign currency.

Banks make a handsome profit in money transfers from one country to another. These operations are actually foreign exchange dealings. The remitting country's currency is converted into the receiving country's currency. In other words the former is sold to buy the latter.

In addition to banks there are some exchange companies who do the money transfers. They take only a small margin towards operating costs and profit. For the same reason they get large business. As they do only money change and money transfers they specialize in it. They have thousands of delivery points in the destination or receiving countries. Most of them are their own exclusive facilities. Where they don't have own set up they use the services of normal banks. In the sending countries too these exchange companies operate from many locations. Even though the margin of profit is very low the volume is very high. That makes up for the profit.

There have been always talks about inside information in the foreign exchange market. Actually there is no such inside information. The value of currency is decided instantly. There are several factors which influence the value. The attitude of the government also is an influencing factor. The decisions of the central bank, of course influence it. Even a rumor of an impending decision can cause fluctuation in the currency value. The find of new mineral wealth will boost the currency of the country. Likewise, a political upheaval can adversely affect the currency.

Was this useful or what?! Really, Forex, is one of the best ways to create a solid income. If you want to learn more about Forex and some great tools to automate the process, feel free to visit us at: ForexSystemReport. I'm Lance Giroux. Forex system Report ™ Senior Advisor.

Common Aspects of Top Forex Traders

By Lance Giroux

Forex or foreign exchange currency market exists wherever one currency could be traded for another currency. There has been an incredible upsurge in the average daily trade of global forex and related markets. For the year ended April 2007, the Bank for International Settlement estimated such markets to be over US $4 trillion. In New York alone, trading accounted for nearly 16.6% of the total daily global turnover of $3.98 trillion. Because foreign exchange is an OTC (over-the-counter) market, there is no central exchange or clearing house. Instead brokers or dealers negotiate with each other directly. There are very few or little cross-border regulations.

Currency trading or forex trading could be affected by a number of factors. Some of them are fiscal or monetary policy of the government, political conditions in the country and market psychology that includes the traders' perceptions. This non-stop cash market can change at any time in response to real-time events. In fact, it could be very difficult to small time traders to keep up with the constant fluctuations in the currencies.

'Forex traders' are the currencies that are traded by the investors. The best forex traders or the top forex traders are those that are making most profit for the investors. You can now easily get information on net about the top forex traders by accessing live data online. This helps the general public to reap in good profits.

Success doesn't come easy. That is true. Yet we can guarantee good profit by getting good forex training. The most popular forex traders are ones that are monitored closely. They are called the 'majors'. The EUR/USD combination, the USD/JPY, the USD/CHF, and the GBP/USD combinations are the most popular ones. You need good forex trading guides and proper forex training education to earn good money from this extremely lucrative system.

The top forex traders know how to follow the rules of the game. Most beginners might feel that such a system is useless. They may even ignore it and trade in it using only their gut feelings. Following the currency trading system that has been developed over several years by experts helps the top forex traders to cut down its volatility. Also it is only the top forex traders who know where and when to place a stop order. They can help investors to avoid getting hit by bad exchange rates and thus minimize their losses.

Finally it is only the top traders who have the ability to stand high in any tide. They are never tempted to end a position against the system's orders. Top forex traders know how far their losses could go only because they follow the stop loss order. Thus with a stop loss order, the investor can stop the trade even if it does not go well. Beginners don't have that guts to stand out against the wind. With the initial black clouds, they disappear. This is because they lose; they close that position instead of waiting for the big opportunity that comes on later! Finally discipline and forex knowledge holds the key to success.

Was this useful or what?! Really, Forex, is one of the best ways to create a solid income. If you want to learn more about Forex and some great tools to automate the process, feel free to visit us at: ForexSystemReport. I'm Lance Giroux. Forex system Report ™ Senior Advisor.

Forex Trading Tips - 4 X Trading Tips to Supercharge Your Profit Potential

By Kelly Price

The forex trading tips enclosed can turn a mediocre forex trading strategy in to a winner and anyone thinking of trading should consider incorporating them because they work - here they are...

1. Leverage Stops and Risk

Most traders get 200:1 leverage from their broker and want to use it but this is a huge mistake - a trader should use leverage wisely and 10 20: 1, is enough. This allows you to risk more to your stop and this is vital to success.

Most traders put stops so close they are guaranteed to get stopped out by normal volatility. They get the direction right, see their stop hit and then see prices reverse back the other way and make thousands and their not in!

If you want to win, your stop must be far enough back so you don't get hit by random price moves in the trend. This isn't being rash this is sensible investment strategy.

2. Risk More Per Trade

In line with the above forget all the rubbish you read about risking 2% per trade.

On a small account its so little risk it guarantees you will get stopped out.

Sure if you have 100k you can do this - but not on a small account.

Many traders try to restrict and control risk so much they create it and lose. To make meaningful gains, you need to risk 10 - 20% on a small account.

3. Learn Patience

Most traders think the more they trade the more profits they are going to pile up - dead wrong.

You don't get rewarded for your trading frequency; you get rewarded for being right!

The high odds trades only come around a few times a month in each currency - hit these and hit them hard.

Hitting the high odds trades and hitting them hard can make you a lot of money. I know lots of forex traders, who only trade a few times a month and still pile up big triple digit annual gains, because they are hitting good risk to reward trades and hitting them hard.

4. Forget Diversification

OK on a 100k account there is an argument for doing it but not on a small account.

If you have a great trade, why potentially dilute its profit potential by taking trades for the sake of trading? It doesn't make sense and will dilute your potential profits.

Hit the high odds trade you like and focus on it.

Keep in mind:

You Don't Get Rewarded for Effort in forex trading.

Many traders make this mistake.

They want to trade and force profits but this is not possible. They spend a lot of effort looking for trades that it blinds them to the fact most are dogs and should be passed by.

In forex trading your success is determined by the accuracy of your trading signals and your market timing and the money you put in your pocket - that's it.

So the forex trading tips here mean you need to be patient, hit high odds trades, hit them hard and take meaningful, calculated risks so, you can make a triple digit annual income.

The above is really common sense and these forex trading tips, should be the cornerstone of your forex trading strategy and if you use them wisely and have a good forex trading system then you can enjoy the currency trading success you desire.

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Forex Trading - The Vast Majority of Traders Lose Why Do You Think You Can Win?

By Kelly Price

This is a question any forex trader should ask themselves, before they start to trade and the way to find out, if you are likely to win with your forex trading strategy, is to ask yourself this simple question...

My Trading Edge is (Define it exactly) and this is why I will win, when 95% of traders lose.

Now this might seem quite obvious and it is - but most traders think they have an edge and they DON'T!

Here are some common answers which are anything but an edge and will see a trader lose. Here they are:

- I have bought a forex robot with simulated back tested track record from a vendor

- I Have a system that predicts market turns in advance

- Science moves markets and I have a scientific theory

- I follow a guru, mentor or expert, as they know best

- I like to trade breaking news

- I am going to use a complicated strategy

- I am smart and clever than most traders so will win

- I work hard and hard work will bring me success

The above are common replies when I ask novice traders what their edge is and there not an edge at all.

They are either misconceptions about how forex markets operate, or common myths perpetrated by vendors selling products.

Now be aware of this:

Anyone can learn to trade and anyone can be successful - but still 95% of traders fail and this is huge percentage!

Entering the Elite 5% of Winners

To enter the elite 5% means you have to have an edge and it's based around this:

You don't need to work hard or be clever - but you do need to make sure you cover the basics and understand how and why, markets move.

You then need a simple forex trading system, based around trading the odds, which must have robust money management. Don't fall for the harder you work or, the more clever and complicated your trading system is, the more likely you are to succeed - it's not true.

The missing Link for Success

Simple systems work best and always have as they are more robust.

Now, learning how to trade successfully is within all traders - but forex is not simply about having a good method, its about having the discipline to execute your method with discipline.

Discipline is the missing link!

If you can't trade your trading system with discipline and execute your trading signals with discipline, you don't have a system!

Most traders think they can trade with none or very few losses but even the best traders, face weeks or sometimes months where they lose and you have to stay on track until the profits emerge and this requires discipline.

If you can do the above, you can win.

You are In Charge of Your Destiny

To many traders think someone else can give them success and buy junk forex robots and other sure fire systems from vendors. The market then teaches them a lesson in reality, that there is no easy money.

The smart traders of course knows this and takes the time to learn the basics and get a system they are confident in and can execute with discipline.

They know exactly why there forex trading system will help them win and their edge.

Its this that gives them confidence and the mindset to apply their system for huge long term gains.

Anyone can learn currency trading but few traders do it correctly however in return for a little effort, your rewards will be immense.

So learn forex trading correctly, get and know your edge and you will enjoy currency trading success.

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Forex Trading Psychology - Get the Mindset of the Pro Traders Who Make Big Profits

By Kelly Price

It's a fact that forex trading can be learned by anyone but most traders fail and the reason they do is they don't understand forex trading psychology. If you do, you can join the elite 5% who make big consistent profits...

So what why is mindset so important?

The simple answer is forex trading is not just about method, it's also about the discipline to trade your method.

If you don't have the discipline to trade your system, you simply don't have one.

So why is trading with discipline so hard?

The reason is simply, you will at some point face a string of losses and it happens to even the best traders.

Forget all the rubbish you read, about trading with little or no drawdown, you read from vendors - It's not true. You are going to face periods of losses which may last many weeks and you have to keep going, despite taking losses and your emotions will be telling you to deviate from your plan.

Its here, that robust money management and discipline, will carry you through a losing period, until you hit profits again.

Discipline means you have to understand what you are doing and have confidence.

Most traders think they Can follow a so called expert and win, while most advice and forex robots sold online are junk, they cant even follow the few good advisors and forex trading systems because they don't learn from the ground up.

When you operate in the forex market, you operate in an environment that presents these unique challenges:

- The market is all powerful and is always right and only you can be wrong

- Its anarchy and chaos and you will lose for periods of time

- Its an odds based game and you need to learn how to trade them

- There is no rule of law and of course you have to make your own rules to survive

- The work ethic doesn't apply and work rate counts for nothing.

- Being clever also counts for nothing only being right does

In this chaotic and vicious world, your rules and discipline will help you survive and prosper. You can win but remember your method is only part of the equation it's your mindset that is key.

As we said earlier anyone can learn currency trading- but most traders think it's easy or they can follow others. They don't ever bother to learn the basics to get confidence and discipline and they lose.

Forex trading isn't a walk in the park, that's why 95% of traders blow up.

Of course for the serious trader, this presents a great opportunity for big gains.

Forex trading psychology is the key, to putting you in the 5% of winning traders, who pile up the big profits and remember - the market doesn't beat the trader, the trader beats himself. This is generally due to a poor understanding of forex trading psychology.

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