Top Forex Strategies Revealed

By William Barnes

Learning the best Forex strategies on how to trade the Forex market profitable is entirely different from other markets like stocks or futures. Forex trading does not occur in a centralized location and there are fewer rules to comply compared to stocks trading.

I will explain some of the reasons why the currency markets is one of the most profitable places to trade in today, and what you need to take note of if you want to have a chance of making a profit. So why is the Forex market so profitable?

1. Forex Brokers Offer The Highest Leverage Amongst Brokers

Less capital is required for Forex traders to start trading, since leverage can be very high, usually between 50 to 200 times. Of course, this can be a double-edge sword too. An amateur trader without the right mindset and trading system will lose his or her capital overnight.

2. What Types Of Profitable Forex Strategies Are There?

There are many different ways to profit from the Forex markets. Each skill requires different time commitments and starting capital, so you should choose one that fits your situation. In fact, there are even automated trading robots today that trade automatically for you based on their own internal trading system and algorithm.

3. Technical Analysis Of Price Movements

If you want to trade and make money manually, technical analysis is something that you absolutely must understand. It is a form of analyzing price movements and reading the mood of the markets by studying the way prices have moved.

4. Automated Forex Trading Robots

Another method you would definitely be interested to try is automated trading. 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 the most profitable Forex 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!

Forex Trading Does Anyone Make Money?

By William Barnes

Does anyone make money with Forex trading? In theory, there should be a trader making money and another one losing money in every transaction. However, the fact is that less than 5% of all Forex traders make a profit month after month. Even though Forex trading sounds like a lucrative way of making money, you should be very careful as it is just as easy to lose all your starting capital as it is easy to making huge returns on it.

1. How Does Currency Trading Work?

Currency trading is the buying of one currency and selling of another. When the value of the currency that you buy increases against the currency that you are selling, you will make money when you close that position.

2. Is It Really Possible To Make Money From Forex Trading?

If you have tried to make money from the foreign exchange market before, you would already know how difficult it can be. Despite all the claims made by experts selling their profitable trading systems, you seem to fail to make money no matter how closely you try to follow their methods.

3. Is It Really Possible To Make Money From Forex Trading?

As I have found out today, it is indeed possible to make money from the Forex market, and I have been doing it consistently for many months now. It won't make you a millionaire, but with the right strategies it is entirely possible.

The truth is that there are successful traders who use systems that can generate up to 50% returns every month. What they have is a consistent system proven to make money over time. In fact, some of these systems have been programmed into automated trading robots that trade the Forex markets for their users on autopilot. 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 to make money automatically from Forex trading? 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!

There Are a Variety of Currency Trading Styles Embraced by Investors, Which One is the Best?

By William Alheim Jr

Centuries ago industries worldwide began making their presence felt on the global market place by offering products and services to international consumers. To complete the sale one trading partners would exchanged their respective countries currency for the item they acquired. Since the firm receiving the currency often did not have a use for it a market place was created to trade currencies of different counties. Thus began the creation of the foreign exchange markets.

Initially, the FX market was largely confined to central banks, commercial financial institutions and multinational corporations. Recently this scenario has changed with a large number of small retail traders and even individuals actively participating in this lucrative market. This sudden surge in investing by the private trader can be attributed to the vast profits being created on a daily basis.

Since the Forex market is highly volatile it is extremely important to carefully evaluate and analyze a wide range of economic and technical factors. Traders need to work out a specific style and/or a combination of styles to hedge themselves against risks while placing themselves in a position to be profitable.

Some investors concentrate on the technical factors based on fundamental tools such as charting tools and quantitative trading models. Charting tools take into account trend lines or support and resistance levels to help in the interpretation of the market. Quantitative trading models resort to mathematical analysis to identify potential trading opportunities. The motive behind technical analysis is to forecast future market trends on the basis of historical data or past behavior of the market. This specific style of researching the market is highly flexible due to the fact as the market changes the charts or models can be updated reflect to the current tendency.

Another category of traders evaluate key economic data complied from numerous government and news reports to find trading opportunities. This group of people is of the belief that the major reasons for currency exchange rate fluctuations lie in prevailing economic and political conditions of the country. Some of the key factors considered by fundamental traders include Gross Domestic Product (GDP), Consumer Price Index (CPI), interest rates, inflation, employment statistics, trade balance, capacity utilization and many more.

There are literally hundreds of styles or combination of techniques being utilized today by successful currency traders. The preeminent style is one that can be duplicated over time. The majority of the millionaires in the world today developed a simple method of accomplishing a task that was profitable and repeated the process continuously. Thus, the best system of trading is one that can be reproduced endlessly while you fine tune it as the conditions change. Therefore it is essential a detailed knowledge of the different trading methods is when developing your personalized style of trading.

William R. Alheim, Jr., CPA, MA - for reviews of the TOP 10 Forex Trading Systems visit http://www.tradingforexreviews.com/ - Good Luck! I look forward to seeing you on the trading floor making money!

Review of Easy Forex - One of the Largest Forex Brokers in the World

By William Alheim Jr

Easy Forex.Com is the 2nd most visited site on the internet related to the Foreign Exchange Markets (FX) and overall the 5,542 most visited site on the internet according to the latest updates. Base on these facts I decide to investigate them and detail my findings.

Selecting a FX broker is as essential element in determining if a private trader will ever become a successful trader or remain as one of the 95% of investors that enter the currency exchange markets whom are never able to make money. There are many factors to consider when making this difficult decision. Some of which are; support, trading software, educational tools, managing risk, hidden cost, PIPS, and allowable margins.

I personally think that support is one of, if not the most critical elements when I am dealing with any financial institution online. In the past I have deposit funds into my trading account which were removed from my bank account and never showed up in my trading account. Or the other way around, I would withdrew funds from my trading account into my bank and they were never was transmitted to my bank account. I don't know about you, but when something like this happens to me I want to get somebody on the telephone right away. At Easy Forex.Com you are assigned account manager whom knows you by your first name, which always helps, that you are able to contact over the phone, through email or over an online chat system. Even it the account manager is not there you are always able to get help 24 hours a day, 7 days a week.

The next factor I take into consideration is the trading platform or the company's software. If you have been doing this a while, it only takes one time for a server to go down to understand how important this. There you are getting ready to initiate a trade, purchasing a position or selling a currency and the firms servers goes down. The first thing I do is get them on the phone and ask, what is happening? And I really just don't want to hear what I have heard so many times in the past, which is our server will be up in 10 minutes after we reboot it. I don't care if you have really low PIPS, if you can't afford a second server and be up constantly I don't want to trade with you. At Easy Forex.Com you are not required to download their software which means you are able to trade in real time anywhere in the world and their sever is never down. Well, I am sure it goes down sometimes, but it has never happened to me. They have multiple servers and are able to manipulate them in such a way you are always able to get into your account.

Almost all of the online brokers provide you free learning materials and a demo account once you have filled out the application for an account. You don't have to deposit funds, but just fill out the application. Easy Forex.Com is no exception. I have been trading a while, so I don't really use the training support to much. After I reviewed the tools and videos I found them to be on par with any of the other major brokers, if not better. With either the real money account or demo account you are able to put in Stop-Loss and Take-Profit rates. This is an essential element in managing your risk. There are no hidden cost and you only pay the PIP's which are some of the lowest in the industry are. Another risk management tool is your ability to control your margins. All Forex brokers will provide you with margins which are a form of leveraging your investment. Unfortunately, for the beginner the margins provided by the many brokers are too high, and sooner or later your in over you head. At Easy Forex.Com depending on your experience and your investment the initial margins supplied to you is often at the lower end. But, you are able to adjust this once you feel more comfortable which helps you to manage your risks.

Selecting a Forex broker can mean the difference between being a profitable trader and one that is in for a long learning curve. It is just so important that you thoroughly understand all the consequences of choosing the wrong broker and some of the assets to examine when making the final decision. There is a reason Easy Forex.Com is visited so much on the internet and they are one important site to consider when opening a currency brokerage account.

William R. Alheim, Jr., CPA, MA - for reviews of the TOP Forex Brokerage Firms visit http://www.tradingforexreviews.com/ - Good Luck! I look forward to seeing you on the trading floor making money!

Choosing the Best Forex Expert Advisor

By V. Singh

To find the best Forex expert advisor is indeed a daunting task as there is a vast amount of options available on the market these days. A Forex expert advisor is a sophisticated tool designed for the Metatrader trading platform which helps you make more intelligent and informed trading decisions in the market, and they can also completely automate your Trading if you wish. You can download the software's for free from some websites, while other programs that have been thoroughly tested and proven, require you to pay a certain sum to seek the services of their so called "Forex Robots".

Not all expert advisor are the same and they all contain unique features and benefits, depending on their trading plan and strategy. Some EA's are very simple and could've been designed by anyone who has a basic understanding of Forex Trading, while others are remarkably complex and require immense experience and knowledge within the Forex Market. This is why you will see some Expert Advisors out there that are priced a little bit higher than others; it also depends on how the EA has performed in Live market Conditions and if it can offer regular updates, however with that being said a good Forex expert Advisor can range from anywhere between $100-$400.

Recently expert advisors have gained immense popularity amongst the Forex Trading community, and I believe this can mainly be attributed to their exceptional benefits, which easily outweigh their costs. After purchasing a Forex expert advisor for a small payment its benefits are endless, they can help you make a ton of money off the Forex Market and also organize your time more efficiently, as they can be completely automated, meaning you don't have to sit infornt of your computer and monitor the market all day long. The money you invest on these systems can be made back within minutes as just one winning trade will probably lead you to get your money back and after that it is all profits (if you stick to proper money management techniques). Traders that are just learning the ropes of how the market works are easily attracted by expert advisors as they can help them make some money while they are still learning the ins and outs of the market. However I strongly recommend that you have a firm grasp of Technical analysis and how the Forex Market Operates before you purchase any expert advisor and risk your own money on Live Markets, this is just to make sure you know exactly what your doing and how the Forex EA functions.

Now before you go out and part with Your Hard Earned Money here a few key principles to consider when looking for The Best Forex Expert Advisor:

- Firstly always make sure that the seller of the EA is fully legitimate, there are a lot of scammers out there and you don't want to fall prey to these vultures. The best way to see if the site is legit is to look for an email contact, most likely if there is no email contact then the site is a scam and should be avoided.

- Look for a trading system that suits your trading personality and personal requirements. You may want an aggressive strategy with a moderate level of risk involved or you may want to trade with a conservative strategy with minimal drawdown. It is entirely up to you so make sure you do your research and look around to make comparisons of different systems to see which one is best suited for you and your situation.

- Always look for Forward Test Statements, or better yet Live Forward test statements. Live forward test are conducted on real money accounts in real time and are the closest things to letting you know how the EA will perform in actual live market conditions. Forward Test statements will easily let you know the profitability of a certain EA and are the most important things to look for when purchasing an expert advisor; do not buy an EA that doesn't provide Forward Test Statements.

- Lastly I believe it is absolutely essential that the seller of the EA is the creator of the EA and offers regular ongoing after sales support about his product. Ideally the site should contain some sort of a Forum, Live chat support or email support. By offering after sales support it lets you know that the seller is dedicated to making his system work for himself and others and is serious about helping people make money off the Forex Market. It also lets you know that you are in good hands as you will receive regular updates and will have prompt answers to your inquires if you shall encounter any problems.

Therefore if you adhere to the guidelines above then they will certainly help you when choosing a profitable Forex expert advisor and you should be able to give any expert advisor a through examination before you make any final decisions.

It is no secret that in order to succeed in the world of Forex Trading You must follow a good trading system and adhere to strict money management techniques. An Expert Advisor can seriously simplify the process and get you well on your way. If you wish to automate your Forex Trading Decisions by using a Forex Expert Advisor then check out this Collection of The best Expert Advisors available for Forex Trading.

Currency Trading Systems - A FREE Currency Trading System That's Made Millions!

By Samuel Leslie Berkovits

There are lot's of currency trading systems sold online but why buy one, when you can get one of the best for free? If you want a free proven system, read on and we will reveal it to you in full...

Before we look at the system itself, let's compare it to systems that are sold and se which is better.

The system enclosed makes money and most sold systems do not.

You will see a lot of forex trading systems and robots sold but they don't make money - why? They have never succeeded in real time and the track record is simply a back test and done knowing the price history. The above robots don't make money, traders simply fall for over the top copy and their greed gets the better of them

Now this system works and as it's just got one parameter or rule, it cannot be bent to fit the data which is a trick most sold forex robots use.

Lets now look at the system which is called the 4 Week Rule and was devised by Richard Donchian back in the seventies here it is:

Buy a new 4 week calendar high and then wait for a 4 week calendar low to take a short position. Keep doing this reversing a short for a long or vice versa when the 4 week high or low is hit

With this currency trading system you always have a position in the market as it's a stop and reverse system.

The above rule is very simple but it makes money and the reason why, is two fold.

Most strong trends start and continue from breakouts to new market highs or lows and breakout trading is therefore highly effective. Most big forex trends last for a long time and range in duration from a few weeks to a year or more. Simply look at a forex chart and you will see them. As long as markets trend, breakout trading will be effective and they always will so this system will always hit and hold the longer term trends.

It also has other advantages in terms of operating the system.

1. It's totally objective - you follow the rule and you don't need to think.

2. It's very time efficient and takes around 15 - 30 minutes a day.

3. You don't even need a software program to do the calculation, you can do it on a piece of paper

All the best currency trading systems are simple and complicating a currency trading system does not guarantee success at all.

The system does require discipline to trade it and it's not easy to follow long term trends and a system that's not bothered about pinpoint market timing - but if you can use this system and stay with it long term, it will reward you and enhance the profitability of any forex trading strategy.

This system has been used by traders for years and many succesful forex strategies incorporate it and has made millions for these traders and could make you a lot of money too.

Of course another great benefit is its free! You don't get much in life for free that makes money. Richard Donchian has left it for all traders to use and make money with and for that we should be grateful.

FREE FOREX TRADING SYSTEM! + ESSENTIAL FOREX TRADING COURSE For free 2 x trading Pdf's and more on this great FREE Forex Robot and an exclusive risk free Currency trading Course visit our website.

Forex Trading Strategy - A Simple System For Triple Digit Gains

By Kelly Price

If you want a simple strategy that can make money, you can understand and have confidence in then the one enclosed can lead you to triple digit profits in around 30 minutes a day...

The strategy is based on trading breakouts and if you want to win at forex understand this fact:

Most major trends start and continue from new market highs or lows and this is the way to trade forex. Traders who always wait for the pullback and who want to try and get in at a better price MISS The moves.

Most traders simply cannot psychologically buy breakouts but if you can then you can make huge gains. Of course prices don't follow through on every breakout and you have to be choosy.

So what is a good Breakout?

Generally the minimum amount of tests of the level is two - but the more tests the better and the more time periods and the wider they are spaced apart the better.

You are looking for levels the market considers important because, when they break they are the breaks that continue, as stops are hit and fresh positions kick in accelerating the move. If everyone thinks a level should hold and it breaks, it's probably a good one!

Do I just buy the breakout Then?

No you don't.

You must confirm the breakout and that price momentum is accelerating through the level. For this you need some momentum indicators. We have discussed these fully in our other articles - but two great ones, you can learn in about 30 minutes are - the stochastic and the RSI.

What About Stops?

Simple - the stop is directly under the level that has broken.

How do I take Profits?

This is really the key - you must NOT Put your stop to close. If the level has broken, give the market room to breathe and trail your stop up, outside of normal market volatility.

A good breakout can give you thousands in profit and you need to be patient and keep your stop back and accept short term price swings against you. These big breaks can last for many weeks or even months and you want to milk the trend for all its worth.

What Amount of Profit can I earn?

I know numerous traders who make 100% or more annually trading selective breakouts and you can too. The key is to be patient and only trade the big breaks.

You don't need to trade often to make a lot of money, just high odds trades.

How Long Does it Take Daily?

You can spend around 30 minutes a day, trading this way with your forex trading strategy and then go and do something else. You only need to check the prices once or twice a day and that's it.

Simple but Effective!

As long as markets trend breakout trading will work.

You have the comfort of knowing most traders can't do it but don't let that worry you, as the bulk of traders lose.

Breakout trading is a simple, easy, time efficient way to win at forex trading and if you base your forex trading strategy on it, you can enjoy currency trading success.

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

Forex Trading - 5 Essential Facts You Need to Understand to Win

By Kelly Price

Here we are going to give you some forex facts you will need to know, before you start to trade. These facts you should understand before trading, if you don't you will lose...

Here are your forex facts that if you understand them can lead you to forex trading success.

1. Expert Advisors are Not Experts!

In most instances the vendors selling forex robots, systems and trading signals are not experts at all and by expert I mean proven traders. They use hyped copy to sell meaningless paper simulations and traders buy them and lose. Be very wary of anyone claiming to be an expert.

2. Markets are an Odds Game Only!

You get a lot of people who will tell you can predict with scientific accuracy but this is simply not true.

If of course you could, we would all know the answer in advance and there would be no market. There an odds games and that means you will take losses along the way.

3. Simplicity Is Better than Complex

50 years ago before powerful computers and forecasting methods 95% of traders lost and they still do today. So all the advances in the period haven't improved the number of winners.

Success relies on a simple system which you understand and can apply with confidence. If you can do this, you will have the next key point covered.

4. A Good Method will NOT Ensure Success

Because you have to keep your emotions in check and apply it with discipline.

Discipline is the key! You have to keep executing your trading signals through periods of losses until you hit a home run. If you don't apply your method with discipline, you don't have one!

5. Forex Trading is a learned Skill and to Inspire You

Anyone can learn to win at forex trading - it's a learned skill not a god given gift.

This was proved in a famous experiment when trading legend Richard Dennis taught a group of people with no experience, to trade in 14 days and they went on to make $100 million. How did he do it?

He taught them a simple method and gave them confidence in it from the ground up so they would have the discipline to apply it.

Success Rests on the Following and it's a Fact

So to win you don't have to work hard but you do need to work smart and get the right education and mindset. If you do this you can win and you can enjoy currency trading success. Always keep in mind this fact the market doesn't beat the trader, the trader beats himself. You can win but success is in your hands - Good Luck!

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

Automated Forex Software - 5 Essential Facts You Need to Know to Win With a System

By Kelly Price

If you intend using automated forex software or any forex trading system understanding these facts will help you get the most from your automated trading...

Here are your facts in no particular order of importance - there all important

1. Fact Most Forex Robots Lose

Promoted heavily online with hyped copy but they have in most instances no track record of profits. They only produce a track record in hindsight, on paper and that means nothing - we can all win if we know the closing price.

Never trade one of these robots you will lose.

2. All Automated forex Systems Incur Drawdown

There are lots of people telling you that software can predict market turns in advance - this is rubbish!

Forex is an odds game, nothing more and with any odds game you will lose for periods of weeks and you need the discipline and confidence, to trade through these losses to ht a home run.

3. Free Forex Trading Systems can Win

We have written on one of these and it's called the 4 Week Rule.

It's simple to understand, apply and has made countless millions, for traders over the last 25 years so look it up; it makes money and won't cost you a cent!

4. Beware of Science!

Complex systems are all the rage but simple systems work best and always have.

In an odds based market like the forex market, you cannot apply complicated theories as they have to many elements to break, so keep it simple to win. Think about it - 50 years ago 95% of traders lost and the ratio is still the same today, so advances in forecasting and complex programs have not helped.

5. Be Realistic

The best automated forex software systems, will give you gains of 30 - 100% compounded annually over the long term, losses would typically be between 25 - 50% and losing periods can last a few weeks, to a few months.

Don't look for a short term killing, it won't happen but you can make huge long term gains.

6. Understand What You're Doing!

Whatever system you use, you must be able to apply it with discipline and that means understanding how and why it works.

This will give you the confidence to trade with discipline and win.

Automated forex trading software can be a valuable aid in your quest for forex trading success and while most of the packages sold wont help you win, there are good ones if you hunt around. If they are applied with discipline, they will reward you with currency trading success.

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

How Psychology and Stress Can Destroy a Forex Trader

By Jim Buhs

Just having technical and fundamental knowledge of the forex market is not enough to guarantee success. One of the biggest obstacles that any trader faces is the psychological fear that trading can bring about.

This genuine fear of having to take a loss, which makes unsure traders question the way they see the market. The overconfidence in believing 100% in your forecast has caused so many forex traders to completely blow through their accounts. If any a trade has a trace of an ego attached to it, it's a recipe for success. A trader should never feel as if they are controlling the market in which they are trading. It can, and sometimes will go against you. The moment someone can accept that, the more successful the trader will be. Being certain that you are right only leads to holding a trade longer and have a fear of cutting your losses.

After the loss is taken, the inevitable always happens: The blame game. Traders blame themselves, the markets, their broker, their computer, etc... Instead of moving on and realizing even the greatest market traders of all time had to take their lumps, this blame manifests into a dark cloud that is always hovering around them.

Every possible trade taken from that day forward is an unsure action. In the back of their mind they are thinking "this looks like a good buying opportunity, but that's what I thought last time. Well, I don't want to risk it so I'll pass." Even though they know that the trade has a very good chance of working out, but they are so scared from what happened with the last trade, that they just can't pull the trigger.

A great way to overcome this is to get a real understanding of the market. Sure you are going to get the occasional loss, but that's just part of trading. If a person can't deal with a loss, then they should not even thinking about opening up an account. But if a trader can understand price action and price movement, and what causes and effects of that, then they are a step ahead of most traders.

Fear and uncertainty can destroy trader's career before it gets a chance to take off. Make sure to check out my squidoo lens Also, to see more unbiased forex reviews, go to LearnForexDirectory.com.

Choosing the Best Forex Expert Advisor

By V. Singh

To find the best Forex expert advisor is indeed a daunting task as there is a vast amount of options available on the market these days. A Forex expert advisor is a sophisticated tool designed for the Metatrader trading platform which helps you make more intelligent and informed trading decisions in the market, and they can also completely automate your Trading if you wish. You can download the software's for free from some websites, while other programs that have been thoroughly tested and proven, require you to pay a certain sum to seek the services of their so called "Forex Robots".

Not all expert advisor are the same and they all contain unique features and benefits, depending on their trading plan and strategy. Some EA's are very simple and could've been designed by anyone who has a basic understanding of Forex Trading, while others are remarkably complex and require immense experience and knowledge within the Forex Market. This is why you will see some Expert Advisors out there that are priced a little bit higher than others; it also depends on how the EA has performed in Live market Conditions and if it can offer regular updates, however with that being said a good Forex expert Advisor can range from anywhere between $100-$400.

Recently expert advisors have gained immense popularity amongst the Forex Trading community, and I believe this can mainly be attributed to their exceptional benefits, which easily outweigh their costs. After purchasing a Forex expert advisor for a small payment its benefits are endless, they can help you make a ton of money off the Forex Market and also organize your time more efficiently, as they can be completely automated, meaning you don't have to sit infornt of your computer and monitor the market all day long. The money you invest on these systems can be made back within minutes as just one winning trade will probably lead you to get your money back and after that it is all profits (if you stick to proper money management techniques). Traders that are just learning the ropes of how the market works are easily attracted by expert advisors as they can help them make some money while they are still learning the ins and outs of the market. However I strongly recommend that you have a firm grasp of Technical analysis and how the Forex Market Operates before you purchase any expert advisor and risk your own money on Live Markets, this is just to make sure you know exactly what your doing and how the Forex EA functions.

Now before you go out and part with Your Hard Earned Money here a few key principles to consider when looking for The Best Forex Expert Advisor:

- Firstly always make sure that the seller of the EA is fully legitimate, there are a lot of scammers out there and you don't want to fall prey to these vultures. The best way to see if the site is legit is to look for an email contact, most likely if there is no email contact then the site is a scam and should be avoided.

- Look for a trading system that suits your trading personality and personal requirements. You may want an aggressive strategy with a moderate level of risk involved or you may want to trade with a conservative strategy with minimal drawdown. It is entirely up to you so make sure you do your research and look around to make comparisons of different systems to see which one is best suited for you and your situation.

- Always look for Forward Test Statements, or better yet Live Forward test statements. Live forward test are conducted on real money accounts in real time and are the closest things to letting you know how the EA will perform in actual live market conditions. Forward Test statements will easily let you know the profitability of a certain EA and are the most important things to look for when purchasing an expert advisor; do not buy an EA that doesn't provide Forward Test Statements.

- Lastly I believe it is absolutely essential that the seller of the EA is the creator of the EA and offers regular ongoing after sales support about his product. Ideally the site should contain some sort of a Forum, Live chat support or email support. By offering after sales support it lets you know that the seller is dedicated to making his system work for himself and others and is serious about helping people make money off the Forex Market. It also lets you know that you are in good hands as you will receive regular updates and will have prompt answers to your inquires if you shall encounter any problems.

Therefore if you adhere to the guidelines above then they will certainly help you when choosing a profitable Forex expert advisor and you should be able to give any expert advisor a through examination before you make any final decisions.

It is no secret that in order to succeed in the world of Forex Trading You must follow a good trading system and adhere to strict money management techniques. An Expert Advisor can seriously simplify the process and get you well on your way. If you wish to automate your Forex Trading Decisions by using a Forex Expert Advisor then check out this Collection of The best Expert Advisors available for Forex Trading.

5 Powerful Tools You Need to Trade Forex

By Timothy Bracken

The most common mistakes made in Currency Trading can be directly linked to a few basic misunderstandings of the securities market. We're flooded with information and opinions, and unfortunately for you and me, there are no magical wands to know who is genuinely looking out for our best interests. Everyone is out to make a buck, and sometimes the little guy can get swallowed in the waves created by the giants. It's human nature to let your emotions influence your decisions. Fear of losing money, greed and the "what if's" all can shift your viewpoint, and the correct decision can be lost along the way. I've lost money on Foreign Exchange; We all have right? It's the promise of getting out of the drudgery of 9-5, of a secure and comfortable way of life, managed from your laptop, which draws us all like moths to a bright light. What you need is a plan, a step by step formula to wade your way through the inconsistencies, the half truths, and just the plain out incorrect.

Step 1 - Foundation

Business. Trading is a business, whether you plan on entering full time or just starting a part time venture. All the rules of successful businesses apply - you need to make a plan and follow through. Ask yourself important questions - How much time can I wait for profit? Can I wait 6 months and follow the trend, or do I need to be out every day? How much time can I invest daily? Can I afford to sit in front of the computer screen for 6 hours, waiting for the perfect volatile moment? Can I automate, and trust someone else's opinion to make my decisions for me? Do I want to spend the time to have mastery over currency trading, or would I prefer to use the expertise of someone who's been there?

I've heard stories of traders who just want to get out there, let experience teach them - and let me tell you, they don't end pretty. It is VITAL for the success of your trading that you have a solid foundation and plan, and that you stick to it under all conditions. It's very easy to go out of your business model "just this once", and have it end in spectacular failure. Develop an execution plan. Buy or sell under those conditions, no exceptions.

Step 2 - Trading Plan

Write everything down. You can't control the markets, you can't control the price action - you can only control your participation. You need to set a regular time to sit down and review your positions and systems, and write that down. Find what it is that you need to become a disciplined proactive trader in the forex currency exchange market. You need to write your plan down, and write your results down, so you can learn what your winning behavior is and what your losing behavior is. Maybe you're going to paper trade for 30 days, maybe join a trading group by November this year, maybe read two books by the end of the month, it doesn't matter. Without records to review, you cannot know what is working for you.

It is easier to write successful rules, if you have documentation showing what is working for you and what is not. Make note of your time invested in the behavior, the number of winners/losers, amount won/lost. You can use this to plan your successful trading, that works right for you, the individual

Step 3 - Paper Trading

Paper trading is generally the first port of call for those trying to learn currency trading. However it can be dangerous, as it can give a false sense of security. Your psychological viewpoint will not be the same if you're not risking anything, therefore your decision making will be different then if it was in real time. You're not exposed to the real emotions of trading, because there is no risk. Paper trading can help you get familiar with your platform, make sure that your mistakes are not going to be common errors from software. In order to really learn, however, you need to be doing it out in the real world, where your fears can influence your choices.

Step 4 - Real Time - Get in!

Your ultimate goal is to have a bank account that's growing, right? In order to do that, you need to start trading. We know that you can't pretend to trade. It's important for you to get some real, emotional, and psychological experience of trading under your belt, so you can make educated decisions. You will have losses. Nobody has 100% winning trades, and there is no system or set of rules that will give you a guarantee. Your goal with trading, is to get in touch with what you personally need to learn to be successful. What is it that let you down with that trade? Write it down, document it, and work out a plan to get past it. You will only learn your strengths and weaknesses after you have some real time forex experience. Every successful trader has had to face whatever it is that holds them back.

Step 5 - Get Help

Find a community of traders or like minded individuals who will empower you to make the right decisions. It will help you stay focused and disciplined on what really matters. Learn from their mistakes by observing how others trade and the problems that they have faced. You will avoid costly errors this way. Share your experience with others, on a web forum, seminar, or trading group, and you will reap the reward of their shared information and education. Build on their success, and remember - all successful people in any profession share their knowledge.

Imagine trading forex while looking over the shoulders of a 20 Year veteran as he makes trades. 2 Daily webinars, live reports, realtime deskview program, - http://www.forex-currencytrade.com Don't make the same mistakes I did! Read my review on the Forex Brotherhood and aim towards Forex success.

Win at Forex Trading - Want to Know If You Can Win? Answer This Question!

By Sonia Kristina

Here is a question that if you get it right, you can probably enjoy currency trading success, get it wrong and sorry you will lose...

Let's be crystal clear about the ratio of winners to losers - its 95% lose and 5% win, so it's not a walk in the park so here is your question:

What is your trading edge (define it exactly) that will enable you to join the minority of winners and avoid the losing majority?

Most people answer the following and there ALL wrong answers, here they are.

- I have bought a forex robot with a simulated track record

- I am using a day trading and scalping method

- I follow breaking news stories and stay on top the action

- I have a predictive scientific theory

- I am clever so I will win

- I work hard and will be rewarded for my effort

- I follow a guru he knows best

Its unbelievable that people when they enter forex markets, think they can follow someone else or a so called expert (most have never traded and have simulated track records so hardly experts, as they have never traded for real!) and think they can win. Its obvious forex trading is not a walk in the park, as 95% of people lose.

You're Trading Edge

Needs to be something you have learned and are confident in, because you are going to need the confidence to apply it, through periods of losses.

I have read some vendors saying you can win 92% of the time, this is rubbish! Not even the best traders manage that. Of course, they win overall, but they understand they must take weeks of losses on many occasions, until they hit a home run.

How to Win

To win requires a simple forex trading system rather than a complicated one, as it is more robust, you then, must have the confidence to apply it with discipline.

Discipline is what lets most traders down. They follow others, or don't have an edge their confident in and throw in the towel.

If you cannot apply your method with discipline, you don't have one!

Forex trading offers extraordinary gains in relation to the effort you have to put in - but you need to do your homework and get a trading edge, if you don't know what yours is, you don't have one.

Forex trading will reward someone with the ability to work smart get an edge and have the discipline to apply it. The problem is most people wont make the effort, if you do, then you are on your way to currency trading success.

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 and a RISK FREE Forex Trading Course visit our website at: http://www.learncurrencytradingonline.com.

Forex Robots - Are They Scams Or a Genuine Money Making Opportunity?

By Sonia Kristina

Are most forex robots scams or can they lead you to forex trading success. The answer is enclosed and will show you how to find the best ones to help you make profits.

Forex robots are not scams but this doesn't change the fact that most will fail miserably to make money. The way to judge a scam is if the facts are not correct, where traders make a fatal error is - they don't read the disclaimer.

The fact is most don't have real track records so your chances of making money with a system that has never been traded are slim but you are warned and you will see this disclaimer or similar on the vast majority of robots.

"CFTC RULE 4.41 - Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading".

So they haven't even be traded in the real world, well that's not to encouraging so what are the chances of the system making money? Not a lot as the rest of the disclaimer points out

"Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown".

If you trust a forex track record with the above on it, then that is up to you but making money in hindsight is easy and you don't have that advantage in the real world of trading.

There are many Forex robots that present real time track records and while past performance is no guide to future success, at least it shows the system logic is sound.

There are also some excellent free ones and we have written frequently on the 4 Week Rule in our other articles so be sure to look at this one. It maybe free and simple but it works!

Any Forex robot you buy or use, you need to understand and have confidence in, as you are going to have to trade it through periods of losses, until you hit a home run.

So when getting a Forex robot go for a real track record, understand the logic and be prepared to stick with it, through losing periods.

So are forex robots scams?

The answer is in most instances no.

Most are honest enough to put the disclaimer on and most will give you a 100% money back guarantee - but most use simulated track records and they don't repeat the performance in real life.

If you see a 100 buck forex trading system, offering you an income for life common sense tells you it's not true.

So go past the simulations save your money and buy one with a real track record or even, take a look at some of the free ones traders have used over the years and you will find one which can help you achieve the forex profits you desire.

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

Forex Robots - A Promise of Automatic Profits But Losses Are the Reality

By Sonia Kristina

Do you really believe that spending 100 dollars or so can make you a regular income? Common sense tells you this is too good to be true and it is. Most forex robots will wipe out your account for the following reason...

The Robots have Never Done What they Claim

The track records that the vast majority of forex robots present are not real they are paper simulations going backwards KNOWING the closing prices! Look at the disclaimer and you will see simulated in hindsight written all over it.

So how can you claim to make people rich when you haven't even done it yourself?

It's like a driving instructor coming up to you and saying, I haven't passed my driving test but I sure do well on my kids computer games! Would you trust someone like this to teach you to drive? Of course not and it's the same with forex robots. It's supposed to make you money but has never done so.

If It Looks to Good to be true - It Is!

This doesn't stop thousands of sensible people in real life, buying them and thinking they will get rich and of course all that happens is the market teaches them some manners.

There are some good robots around but they won't make you rich overnight and you need to be well capitalized and highly disciplined to win with them.

How to Win ON Your Own.

Forex trading is not a game, it's a serious business you have to work at and the gains are huge and that's why you need to forget the people who tell you its easy or follow them instead, get the right forex education and learn from the ground up.

You need a simple forex trading strategy, you can learn and apply with confidence and discipline and any trader can learn to do this.

So don't look for the easy option, it won't work, do some work, study and you will be rewarded, with a great second or even life changing income.

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

How to Choose the Best Forex Software For Winning Trades

By Sean Bailey

Having forex software as an investor in the market can be a very beneficial tool. Because there are many different types of this software and because manual trading is a pain, the question is often asked about which kind is the best forex software.

Forex software usually comes with automated features that make them the most logical choice over trading manually. While many similarities exist between platforms there are also differences that could make or break your trading experience. Before making your final decision on the best forex software that is right for you, be sure to do your homework and go through each one to explore the various features that are offered. Most of these applications have an autopilot feature which means you don't have to do a single thing manually; the software does all the work for you. The downside to this is that if you let it run 24/7 without any kind of observation it could mean major losses. However it can also make profitable trades for you if you choose the correct settings that meet your own needs. Trade entry signals are generated by scanning input dates from financial organizations and banks. The software will then do the math for you to determine the best size for purchasing and selling a currency pair. Another common feature is price adjusting and trailing stops to help maximize your profits.

The best forex software provides consistency by leaving out human emotions that get in the way to logical trading. The software only uses the configured settings then does the work for you so you won't cave under pressure. Because there is still a threshold limit, the adjustments need to be made properly so the software can take the proper action. This will help minimize your losses.

The Best Forex Software is what works the best for you by meeting your individual trade needs. We are all unique and have our own needs and the required software is no different. The best way to get started is to read automated forex software reviews. For a list of comparison, CLICK HERE

Forex Robots - Why Do Most Give Users Losses and Destroy Account Equity Quickly?

By Samuel Leslie Berkovits

There are numerous forex robots for sale and most of them will simply wipe your account equity out, there are a few worth considering and this article is all about finding the few good ones...

If you want to get rid of the vast bulk of robots look for the ones that have track record that is to good to be true and exaggerated claims - then check the risk warning and you will normally see, the track record is simply a paper, back tested simulation, done with the benefit of hindsight.

So you have a forex robot that claims it can make you money but is actually not proven itself and has a made up track record.

Don't be taken in, my 8 year old daughter could get a track record of gains if, she had all the closing prices and you could too. You don't get a lifetime income for $100 or so and no effort, that's not the real world of trading.

Are there any good forex trading systems for sale?

Get a Real Track Record

There are and some have solid track records over a few years in real time - but you have to find them. They cost a few thousand dollars not 100 odd bucks but you at least have some evidence the system has worked and is based on sound logic.

A FREE One For Big Gains

There are other options as well and believe it or not, you can get a free one which has been used by savvy traders for over 20 years and it's made countless millions.

This one may be simple and doesn't come with fancy packaging however it works and will continue to do so. We have written about it in our other articles so look them up, it's called Richard Donchian's 4 Week Rule.

Building Your Own Is Easy!

You can also build your own in a few weeks and it's a lot easier than most traders think to do this. We have written on how to put together a simple, robust, breakout system and it's a great way to make money.

There is a huge advantage of building your own automated forex trading system and that is - you will understand it and because you understand it, you will have the confidence and discipline to follow it through losing periods.

Executing Your System With Discipline

When you trade any mechanical forex trading system, you will have losses and you must trade through them with discipline and keep executing your trading signals. Keep in mind, if you can't trade with discipline, you don't have a system!

Forex robots can work and give you an objective, time efficient, way to make money but you need to be aware that, you need to look longer term and you need to trade with discipline.

Most of the forex robots sold won't give you profits, there are however some that can make you money.

If you take on board, what we have said in this article, you can find or build one, that can make you great long term profits.

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

Forex Education - These People Became Millionaires With Just Two Weeks Education!

By Samuel Leslie Berkovits

Back in the 1980s one of the most famous trading experiments of all time took place which saw a group of traders with no experience making millions after just 2 weeks training. They way they did it should be an essential part of your forex education...

The test was conducted by trading legend Richard Dennis, to settle a bet with his business partner, that traders were made NOT Born. Anyone could learn to trade with the right education and mindset.

Dennis set out to prove that he was right.

He gathered a group of people together and the only thing they had in common was they had never traded before and knew nothing about it. In the group, there was - an actor, a security guard and a kid fresh from school. These people were of all ages, both sexes and varying levels of academic achievement.

Dennis got to work and taught them. After two weeks, he set them up with trading accounts and the rest is history. This group nicknamed "the turtles", went on to make hundreds of millions of dollars and go down in trading history.

So how did they do it so quickly and with such success, when it's a known fact that 95% of traders lose money?

The answer to this question is essential forex education!

The method he taught was simple, just a long term breakout system with money management rules but Dennis knew that the real problem with traders is not they can't learn - they can but they can't get the right mindset.

Dennis needed to give them confidence in the trading system, so they would have the discipline, to trade through long periods of losses, until they hit a home run and this is what you need to do!

You Need to Lose to Win!

Most traders simply cannot do this.

They fall for expert systems which say they won't lose from vendors and of course, there junk. They come with just a simulated track record and the trader loses and gets wiped out. On the other hand, there are another group of traders who simply cannot keep their emotions in check (for various reasons) and they totally lack discipline. These traders could win - but they cannot be disciplined and lose.

Dennis proved that learning a system is easy - but you need to have the mindset to apply it. If you don't have the discipline to apply your trading system, you don't have one!

In interviews with Dennis's Pupils they all comment that the system was easy enough to learn but staying on course, with discipline was the hard part and it is. Any trader, who tells you discipline is easy, probably has never traded.

Work Smart Not Hard

You don't have to work hard in forex trading, you need to work smart and that means learning a system from the ground up and learning how it will lead you to success and then most importantly, you need to have the discipline to apply it, rigidly in line with your rules. If you can do this, you could enjoy spectacular currency trading success.

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

Professional Trading Signals on Forex Market

By Ronn Jaramy

We are very well aware of what many signals providers are. When trading many of the lots they take a very small number of pips, 5 to 15 on the average. As they send the signal some time passes before the client can repeat the signal on his forex broker account.

During this time the price changes and as a result operations showing a 5 to 15 pips result may often turn out subdued to losses for the client. For instance, if one gets 5 to 10 pips profit while operating 10 lots the shown profit will be 50 pips. And then one can show many deals of the kind. That's why a lot of signals providers' clients grow disappointed with the service. Companies show good profits but in reality the clients suffer losses.

Another negative feature of many of the signals providers is that they don't use Stop Loss while trading. That's a very high risk. At times the possible loss may be disastrous, up to 1000 pips or more. At times the price unfolds and the loss decreases but at other times the price might never unfold which may lead to a catastrophe. I believe that's unprofessional.

Another thing signals providers do is sending their clients nonexistent opening and closing prices. Those prices just never were real. Hence, what we get from many of the signals providers is:

-Few pips + many lots = loss

-No Stop Loss usage = catastrophe

-Showing nonexistent prices = fraud

These are the shortcomings that I would like to exclude from my service. I have been operating on the forex market for 6 years. Over this period, I have gained an experience in forex brokers companies, signals providers and as a single trader. The acquired knowledge helped me to develop a correct understanding of the market and single out competent methods. When I open a position on the market, my minimal entry goal is 50 pips and desirable is 100-150. When trading, I always use Stop Loss at a maximum value of 200 pips, but in most cases it is less than 100 pips. All the prices I send to my clients are current market prices that I derive from FXCM.

So, this is what I can propose you:

-Goal of 50 pips and more.

-Using Stop Loss as a MUST

-Real prices and no fraud

I think that my clients do not need to sit at their computers all the time waiting for my signals. I send SMSs with trading signals through Clickatell, besides, all the signals are delivered via e-mail.

You may always review the information concerning the current opened positions on Trading&Performance web page. But you will find no prices there. Opening and closing prices, SL, TP and other changes will be available to subscribers via SMS messaging and e-mail only.

I also would like to make a SPECIAL offer for all my clients. One of the subscription options is payment for net profit in pips. You will pay just for your profit. For example, you have signed up for 500 pips. I will send you signals until the number of +500 pips is reached. In case of drawdown (for example, of 200 pips), I will send you signals for 700 pips (500+200). As you see, you will pay for net profit that has no time limitations.

LineProfits Ronn

Why You're Working Too Hard in the Forex Market - Forex Automated Trading Software

By Max Branner

Auto forex campaigns are becoming more predominant in the market and popular among traders. It is estimated that now in 2008, 25% of all traders are using forex automated trading software in conjunction with their campaigns. This is up from the 18% that were using it just three years ago in 2005. As the forex market becomes increasingly internet based, auto forex enterprises are becoming the norm.

It's getting to the point where you need forex automated trading software to succeed in the business. Traders who don't have the ability to stay on the market 24/7 end up missing out on profitable trading opportunities which only occur during small windows, many times in the middle of the night. With an auto forex enterprise, you have the peace of mind at knowing you'll always be on the right side of your trades. This is a major plus in a market which practically never closes, save for a few hours over the weekend.

The best thing forex automated trading software has to offer comes in the form of signal generation. An accurate signal generator is what makes the difference between a successful forex enterprise and an incredibly successful auto forex enterprise. This predicts what will happen in certain parts of the market and with certain forex pairs. You can then trade these forex pairs accordingly to maximize your profits. This is much like the way people in the past would trade. They employed forex analysts and traded tips between each other. Forex automated trading software eliminates the guesswork and human error by sticking to its preprogrammed mathematical algorithms to analyze the market and generate signals for you.

There are a number of flawed programs in the forex automated trading software niche which give the market a bad name overall. There are, however, a few which are more than worth your time and money to look into. Visit http://www.forexautotradingreviewed.com to read in depth reviews and recommendations on the leading software available today before you make any decisions.

Why You'll Go Broke Without Forex Demo Trading

By Max Branner

Every day, hundreds of forex newbies who rush into the foreign exchange market after reading promises of overnight wealth. They sign up online, throw together a campaign, and hurl at least a thousand dollars into something they don't understand at all. After all of this, it never ceases to amaze me the number of these victims who would still question how it all happened.

In my experience, there is no substitute for experience. In the foreign exchange market, this takes the form of forex demo trading. This is where you use virtual money to trade on the actual foreign exchange market. You use the same information that real traders use daily and you'll be tracking your results, but you'll be doing it all without the risk. This is a great way to start out because you'll be more willing to make the learning mistakes that you would never risk making with your own money. Once you get to the point where you have several successful trades under your belt, you can make the transition to real trading.

The best way to get a forex demo trading account is to get it coupled with forex automated trading software. This is software which automatically trades for you in your best interest at all times. It acts like an added safety net which is invaluable, particularly when you're just starting out. They best programs include incredibly accurate signal generation which predicts trends in the market so that you can trade ahead of the curve to maximize your profits.

As you go along with the program you'll learn first hand the benefits and features. The forex demo trading account which comes with the program allows you to learn both the market and program simultaneously to best prepare you for a jump started career in currency exchange.

Not all forex programs are the same, in fact there are a number of sloppily designed programs which have helped to give the market a bad reputation overall. There are, however, a few gems mixed in which are more than worth their purchase prices based on their signal generation alone. Visit http://www.forexautotradingreviewed.com to read reviews of the top forex automated trading software available today.

Forex Signal Software - Trade Before They Know What Hit Them

By Max Branner

Forex signal software is the heavy artillery that you need in your auto forex enterprise to compete with other traders in today's fast paced forex market. These are programs which analyze the market and make predictions so that you can trade ahead of the curve and the majority of other traders who are out of the loop.

This is an upgrade of the old way of doing things. In the past, forex traders would commission forex analysts and experts to make their own predictions as to what they believed would happen in the market. The best analysts made a great deal of money this way. Some of these experts would go on to co-create some of the best forex signal software.

These programs are a great improvement over the old way of doing things. First, you only have to pay a one time fee for your predictions, that is when you buy the program up front. Additionally, there is a great deal less guesswork involved and consequently less room for error. Instead, they use complex mathematical algorithms to analyze trends in the market and predict where it will go so that you can trade with limitless confidence. The best forex signal software offers constant free updates to keep your predictions up to date.

It is estimated that 25% of all traders use forex signal software now in 2008. This is up a full 7% from the 18% of traders who were using it just three years ago in 2005. As this is becoming an increasingly automated industry, it is becoming more and more necessary to operate forex signal software and run an auto forex campaign to help stay afloat in this competitive market.

While some forex auto traders focus on the automated aspect of making trades automatically, only some are known for their accurate signal generation. Visit http://www.forexautotradingreviewed.com to read a review on the most accurate signal generator available on the market today as well as other leading forex automated traders and begin to carve out your niche to financial independence today.

4 Benefits of Having an Auto Forex Enterprise

By Max Branner

An increasing number of traders are leaving their forex enterprise in the hands of auto forex software for a number of reasons. If you're at all skeptical of the ability of forex automated trading software to change your forex enterprise, consider these benefits.

1. 24/7 Trading - If you trade on the forex market, you know of the many advantages it holds over the traditional stock exchange. Instead of have a set number of hours in which traders can trade each day, the forex market keeps much longer hours, practically never closing save for a few hours over the weekend. Staying on top of the market almost 24/7 is both necessary but impossible. Forex automated trading software keeps a constant vigilante watch over changes in the market and reacts accordingly to beast benefit you.

2. Stop loss and Take Profit Protocols - As just mentioned, the market is dynamic and constantly shifting. With stop loss and take profit protocols in place in the software, you don't have to worry about losing all of your money if your forex pairs violently shift as your software will react to maximize your profits, but just as importantly to minimize your losses.

3. Response Time/Human Error - Human error has doomed a number of trades, whether it is due to slow reaction time to information or it can be traced back to errors in calculations, no trader or analyst is perfect. Forex automated trading software constantly makes split second decisions using complex mathematical algorithms to decide which will profit you the most. As many windows are short lived, often times even if you anticipate a profitable trade ahead of time, odds are you won't be able to react quickly enough to fully take advantage of it.

4. Accuracy - Arguably the best feature of forex automated trading software comes in the form of signal generation. Using said algorithms, your trading software analyzes the market and predicts trends, allowing you to trade ahead of the curve. The best signal generators can make you fortune if used correctly. Many traders swear by signal generation from their auto forex programs.

Not all of the forex automated trading software on the market is the same. Visit http://www.forexautotradingreviewed.com to read reviews on the leading programs available before making any decisions and carve out your path to financial independence today.

3 Things to Look For in Forex Automated Trading Software

By Max Branner

As the forex market is going increasingly automated, it's important to know some key points to look for which separate the leading worthwhile forex automated trading software from the cheap bandwagon programs. Consider these three important points before making any sort of investment.

1.Customer service - Fast, responsive customer service is a must when you're dealing with thousands of dollars. Thousands of your dollars. Ideally you won't have any issues with anything, but in the off chance that you do have a problem or a question, you'll want to know that it will be taken care of or answered quickly and effectively.

2.Accuracy - In the past, predictions in the forex market were made by analysts who sold their information to the highest bidders much like the hired guns of the old west. While much of this was guesswork, there was still a lot of room for error. Today, forex automated trading software offers signal generation which is an updated and improved version of the old way of doing things. Instead, these programs make use of complex mathematical algorithms to study and analyze trends in the market. They make predictions using this information so that you can trade ahead of the curve without the possibility for error and all for a one time fee when you purchase the program. The best of these programs offer constant free updates to keep their signal generations as up to date and precise as possible.

3.Ease of Use - A complex, sloppy interface can turn off even the most motivated trader. It's best to test a couple of programs to know which is best for you as the best programs offer a full refund test trial period so that you can make a completely informed decision before you commit to anything.

Truthfully, there are a handful of forex automated trading software programs worth investing in, you've just got to test them out and read the reviews before making any decisions. I review forex automated trading software which I found to be the strongest out of the 15 that I've tested at the time of this article in great detail at http://www.forexautotradingreviewed.com Visit the site to find out which is best for you and begin to carve our your niche to financial independence today.

The Brotherhood is Coming!

By Kristi Ambrose

Most anybody has something that they want to be able to have more time for. We all need more hours just to be able to purchase the most basic necessities of life. Imagine a lifestyle where you chose your hours, your every detail about your daily schedule, your sleeping patterns, your vacations. Would you like an opportunity to join the most elite group of financial investors if it would give you those things? What would unlimited time with your family be worth?

Time waits for no one, and with the unstable financial markets that are raising the level of concern among investors young and old, one must start to ponder the implications of a downturn in the economy. Neighborhood banks are shutting their doors, and consider if you have savings over $100,000 it can not be guaranteed safe, as the FDIC does not insure any higher than that level.

What if you could have a second family, one that would ensure that your first family was taken care of? There is something very special coming, and it is called the Forex Brotherhood and Sisterhood. A Forex Society, this group is made up of the Grand Masters of the foreign currency exchange.

For the lucky few that are opt in to this program, and there is only room for a thousand, every question they have about trading in the Forex will be answered. How do I really use Forex automated advisors? Great tools, like anything they take time and mentoring, now you could be one of the lucky few who have that chance to learn. A Forex club made up of professional traders beckons to you and only 999 others, do you want to be left out?

This is a program launching in mid-August, and time is short, space is limited and money is shrinking nationwide. But not in the Forex. You see somewhere in the world people are succeeding, because in a free flow exchange of currency internationally the ability to make money is always there, because one currency has an advantage over another, daily and sometimes hourly. This could be you taking advantage of these fluctuations but you need guidance, and where better to get guidance than the Forex Brotherhood? The Ultimate Forex Society.

This is the ultimate money making university, like literally going to school to make money. What would it be worth to you to have daily webinars? Live reporting? Expert advisors? Even tech support! You are guaranteed a VIP trainer to host it all and you do not even have to sponsor anyone. So what are you waiting for? Opt-in while you can! Space is limited, do not be left out! For more information visit your favorite search engine.

You can also check out the following websites for more Forex Societies:

ForexBoost - Forexboost is a free forex training site and we're here to help you learn about trading ... Valid XHTML and CSS - ForexBoost sitemap.xml sitemap.html Partners

- News Trading

- Strategies

- Brokers

- Novice Forex Traders

ForexProject - Forex day trader weblog. Follows daily trends and changes. Knowledge base, trading history and podcast.

- Fibonacci Calculator

- Daily Pivot Points

- My Trade History

- My Forex Graphs

- My Forex Goal

ForexBlog - Forex news weblog with daily commentary. Has a good beginner's article.

- 37 tutorial tools

- Top 100 Forex resources

- Euro

- British pound

- Japanese yen

- 200 plus awesome investing websites

- Exotic currencies

This author is a huge fan of Forex Brotherhood

Forex Expert Advisors - Finding the Best Forex Expert Advisors to Help You Win

By Kelly Price

There are many Forex expert advisors to choose from however there are only a few that will help you make money. Here we will show you how to find a forex advisor that can cut your learning curve and lead you to currency trading success.

The problem in finding a good one is - anyone can claim they are a forex expert advisor (and they do) but very few are. The way I am going to judge a forex advisor is on being able to deliver what they say. Now let's get rid of 90% + of the forex advice that WON'T help you.

Beware of the Back Tested Simulation

Most Forex advisors present track records as evidence that they can lead you to success but in most instances these track records are not real. They are normally a back tested simulation. This means they take some data and make up a track record knowing the closing prices and put done in hindsight or simulated on the disclaimer and this of course proves nothing in terms of you achieving success.

Ever wondered why those forex robots can have such great track records and there sold for only about $100?

Well look at the track record and you will see it's a back test! Same goes for all the forex scalping and day trading systems you see. It's pretty obvious this methodology doesn't work and that's why they have to make up track records.

Keep in mind that you cannot spend paper dollars, only real ones. Many traders are naïve or greedy, or both and fall for these hyped, unproven systems, don't make the same mistake.

So where can you get good advice?

There is plenty of free advice online and if you intend using forex charts you can find everything you need to build a forex trading strategy for success. We have written on the best searches to use so look them up.

Your Online Bookstore

You can get forex trading experts who have walked the walk, rather than simply talk the talk, these are the true greats and many share their wisdom in investment books. We recently did a top 10 of the best investment books for forex traders and they cost around $100 - now that is a good investment!

Currency Trading Courses

The best currency trading courses are by traders. There are some good ones around and they will come from the angle of they can teach you the tools and cut your learning curve but its up to you to apply them for success. Look for one with a money back guarantee.

Remember this!

You don't get rich with no effort and in forex trading you need to learn all the basics, because you are going to need to have confidence in your forex trading system to apply it, with discipline, through losing periods, until you hit a home run.

You are unlikely to follow any system with discipline unless you understand it.

If you want to get good forex expert advisors, there is plenty of free material, some excellent books, from the top traders and some good solid currency courses, with money back guarantees.

Use these sources and they can help you enjoy currency trading success.

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 and a RISK FREE Forex Trading Course visit our website at: http://www.learncurrencytradingonline.com.

Automated Forex Robot - This One Has Made Millions in Profit and Its Free!

By Kelly Price

Do you want an automated forex robot, you can apply in under 30 minutes a day, has made countless millions and has logic you can understand and have confidence in? If you do, the free one enclosed is for you.

Before we look at this free forex robot, lets make a point which applies to most of the sold forex robots - They have never been traded successfully, despite presenting track records of extraordinary gains!

Don't Buy Simulations

Look at the track record and all you see is a disclaimer saying, the track record is simulated in hindsight. Well that's hard! Let's see, if I knew the closing price in advance, how rich would I be? A millionaire many times over - but that's not the real world.

The automated forex robot industry is huge online and most of the robots fail in real time and the user never gets his lifetime income for $100, instead he gets wiped out.

Success For Over 20 Years with This Free System

The system we are going to look at here has been used for over 20 years by some of the world's top traders and has made countless millions. Even trading legends such as Richard Dennis liked it, so you know you're in good company.

The system is called the 4 Week Rule and was devised by the grandfather of modern trend following Richard Donchian to trade commodities however, it works on any trending market and currencies are of one of the best.

The system is incredibly simple, don't be fooled by its simplicity, it works and the rule of the system is this:

Buy a new 4 week calendar high and reverse and sell a new 4 week calendar low, keep reversing on a new 4 week high or low and always maintain a position in the market.

That's it, does it work?

Yes it does test it and you will see and it's obvious why it does:

1. Its based on breakouts and it's a fact that most market trends start and continue from new market highs or lows, so by using this system, you will never miss a big trend.

2. It holds long term trends and currencies trend for long periods, from many weeks to in some instances years.

It has other advantages as well:

- You can easily apply it in 30m minutes or less a day.

- You don't even need a software program to do the calculation.

- It's totally objective. All you do is place the trading signal, with no subjective judgement needed.

Now that's a lot of advantages!

This is a long term trend following system and when the markets don't trend you need the discipline to keep applying it until you hit a home run.

You can add filter exist rules to smooth the equity curve and these are discussed in our other articles, so look them up.

As long as markets remain volatile and trend longer term, this system will make money. Its logic is sound and with just one trading rule the system is very robust.

Many people buy automated forex robots with made up track records and waste their money, whereas they can get a free proven one, designed by an acknowledged expert trader that has made millions in real money.

This forex trading system maybe simple - but it makes a lot of money.

Take a closer look at it and it can help you in your quest for currency trading success, you also have nothing to lose, as it's totally free.

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

Learn to Day Trade Forex - 3 Proven Paths to Success

By John Hurt

Trading foreign currency is notoriously difficult, so to learn to day trade forex is no easy task. Lets that get that straight, now. With that caveat out of the way, you can make it easier. You will hear time and time again in your life that belief in yourself, working hard and persistence are the keys to success. Not necessarily, it is better to have a proven system in place that you stick to, than simply sheer determination using the wrong system. No question.

There are generally three great ways to learn how to day trade forex. They all involve a different level of commitment and time. So picking the right one for you is going to depend on your personal commitments and the life style that you want. Do you love trading so much you'll dedicate hours in front of a screen every day, scalping or day trading? Or would you prefer to dip into the markets on a daily basis with a view to keeping your trades open for several days or even several weeks? It all depends on how much you intend to glue yourself to that screen.

Cross the T's and Dot the i's

The most comprehensive way to learn to day trade forex is to get involved on a training course from an established and respected forex tutor. Pricey, yes however you can shorten the learning curve, find out their opinion on the previous days trading and what they expect for the day ahead. You can ask about the technical side to trading (ie. indicators) and ask them about the fundamentals (eg. economic data).

A good forex membership course can set you back anything from a couple of hundred dollars to several thousand dollars a month and you should be looking to at least pay for that training with your own profits.

It's important to remind yourself that! In an industry where some claim to lose money for the first 2 years before making money, joining a good forex membership site offering training and a supportive, educational community should be a serious consideration. Especially if you intend to trade tens of thousands on the market.

The Lazy Approach

The lazy approach to learn to day trade forex is not really learning to trade forex. It is getting someone (actually something) to do it for you. Automated forex trading software has been widely used for many years by novice and professional traders alike. Ideally you should use the software as a 'second' opinion if you like.

If watches the market 24 hours a day (something you can never do) and identifies trades. They can be used to identify the trading signals to open or close a trade or you can even let them go one step further and place the trade.

Ideally you should have one of these forex robots (or more accurately Expert Advisors) in the background as they can help overcome irrational trading due to emotion and psychology or you can plug them in and let them go! Forex trading on autopilot, sounds great to me!

There are a whole host of great reports on these systems. So worth giving a go (unless you can program your own, the next step!)

Use Someone Elses Proven System

Modeling something that works is not new, it's common sense. Whilst every forex trader does develop their own style over time, that is something that comes with experience as you interpret the trading indicators. Until you have the experience, you need to work with a method that works, a method that makes you more than you lose (remember losing is a part of trading). This is so important otherwise you simply get demotivated and quit. It's like digging for gold only to stop when you've almost made it.

There are some really great systems in place and one of my favourites is a simple approach using very simple candlestick and indicators cal the 10 Minute Forex Wealthbuilder. It is used to identify those trades with a high probability of trading. A proven system, like this one, is patient and doesn't mean trading all the time, only when you have a good chance of winning and avoid being glued to the computer for 8 - 12 hours a day.

Before You Go

So there you have it, 3 steps to learn to day trade forex. You have the fully fledged university of trading, the lazy man's approach (you have to smile at that one) and finally my personal favourite, copying what already works. Give one of these a go, in most cases you get money back guarantees on them all so whats to lose?!

Pick a way to learn to day trade forex and stick with it, get some results and build you knowledge. Only then can you grow that beautiful account! My final tip, think big, think six figures (and write down that goal!).

If you'd like to learn more about huge forex accounts and profitable trades, find a forex trading system course that you can trial HERE