Recent Posts

Blog Archive



Friday, November 7, 2008

The Forex Software Trading Systems Used by Professional Forex Traders That I Can Also Purchase

By William Alheim Jr

In 1997 the Foreign Exchange Markets (Forex or FX) were deregulated allowing private investors the opportunity to participate in a market once the private domain of international banks and world wide brokerage firms. The multinational companies already trading in the Forex market had a quantitative lead due in software development due to the many years of investing in systems utilized as a trading tools. The private financiers quickly realized the need for the same support and hired software engineers to develop systems at costs in the tens of thousands of dollars.

As time past and the need for currency software trading systems increased corresponding to the expansion of new investors entering the FX markets commercial companies began designing, developing and marketing these products to the general public. After the consumer took the time to learn Forex trading they required these products and they now were there for them. Unfortunately, the first Forex software trading systems had a few bugs and left quite a bit of functionality to be desired. The market by the year 2000 was exploding for these products and companies supplying these products was also increasing rapidly.

Due to the intense competition and the will to survive the companies developing these products either had to improve there software vastly or else go into liquidation and find another business model. Which is where we presently are in the developmental process. This is fantastic for the consumer because of the many exceptional Forex software trading systems competing against each other in an attempt to be purchased. A considerable amount of the professional currency traders have at least to separate types of software systems functioning on their computer simultaneously. These are a Forex trading system that identifies trend lines a currency presently has and a Forex trading system that uses indicators to send the trader pre determined signals based on the software's specific programming.

To the person who has taken the time to learn currency trading and is ready to advance to the next step and purchase a piece of software the time has never been better to acquire a high quality product at an extremely affordable price. As long as you purchase one of the Forex software trading systems that is highly thought of then you can be assured you will receive a product that has been tested and refined to the point that the beginning traders in 1997 could only dreamed of. When looking for your first purchase just make sure you research the market thoroughly and select what you perceive the best system for you individually.


We have researched, tested & reviewed 100s of Forex Courses, Software Systems and Brokerage Firms which we only list our TOP 10 to help you LEARN FOREX TRADING. For 100s of FREE FOREX TUTORIALS please visit LEARN CURRENCY TRADING. Good Luck! I look forward to seeing you on the trading floor making money! William R. Alheim, Jr., CPA, MA

Learning Forex Trading to Make Big Money Fast

By William Alheim Jr

Is it possible to make big money fast in the currency markets? Yes it is, in fact usually with less risk than any other form of investment. Can you lose big money fast in the currency markets? Yes you can, especially in you don't know what you're doing. The best way to make big money and not lose big money is by learning Forex trading before you start investing. There are many different ways to learn currency trading. The best and cheapest is to have a friend or family member that is making big money in the markets to teach you the techniques they utilize to be profitable.

Another way to learn Forex trading, is to learn by yourself. There all kinds of free material all over the internet that will teach you Forex trading. Just do a search in Google and start researching and learning. The next thing I would to do is find a Forex brokerage firm that offers a free demo account that you can use to practice trading without any investment on your part. This will provide real time - real trade experience that is absolutely vital before trading with your own money. There are also all kinds of Forex forums and blogs that you can find where some very educated individuals discuss many aspects of trading the currency markets.

If you feel that you have learned enough and are ready to give it a try with actual funds. Then go for it, there are really only two things that can happen. You will either make money or lose money. Most of us have wasted money in a more foolish fashion at least once in our lives. At this point if you are making big money you can be sure you are one of the lucky few and an extremely intelligent person. For the majority of use though the free Forex educational courses were simply not sufficient to make trading currencies a profitable career. I personally did not turn the corner until I took an extensive Forex mentoring program which taught me intricate concepts that are not usually available for free. But, more importantly it also taught me how to control my use of margins. If you have not tried trading the currency markets yet, you will never understand what I am talking about. But don't worry, you will learn quickly.

Which ever path you choose is best for you to start learning Forex trading hopefully you will take it seriously and study hard. When I first started I was in and out of the markets for a period, but never really consistent. But a light suddenly went off when I made some huge trades which resulted in me making big money. Of course, I quickly lost all of my profits, but I realized, like WOW there is big money here. That is when I took the Forex mentoring course and turned the corner. Do what is best for you, but rest assured you can make a great living trading the Forex markets if you know what you are doing.


We have researched, tested & reviewed 100s of Forex Courses, Software Systems and Brokerage Firms which we only list our TOP 10 to help you LEARN FOREX TRADING. For 100s of FREE FOREX TUTORIALS please visit LEARN CURRENCY TRADING. Good Luck! I look forward to seeing you on the trading floor making money! William R. Alheim, Jr., CPA, MA

Learn Currency Trading Though the Use of Technical Analysis

By William Alheim Jr

There are many different patterns professional Forex traders utilize to make the sizeable profits they constantly maintain. The only part of there foundation which is consistent is that they took time to learn currency trading from A to Z before they were making serious money that was sustainable. Technical analysis is one method practiced by many of the more significant mined professional Forex traders. Below I will discuss a few of the principle techniques they employ and you will be able to determine if they might be beneficial to you.

There are seemingly endless technical ways to analyze the Forex markets, here are but a few. The first is the relative strength index (RSI.) The RSI measures the ratio of up-moves to down-moves and normalizes the calculation so that the index is expressed in a range of 0-100. If the RSI is 70 or larger, then the device is thought to be over-bought. This is a circumstance where prices have risen more than the market though probable. An RSI of 30 or less is taken as a signal that the mechanism may be over-sold. This a state of affairs in which the value has dropped faster than the market expected it too.

Another popular item to consider following is the moving average convergence divergence (MACD.) This pointer involves plotting two force lines. The MACD line is the disparity between two exponential moving averages and the signal or start line, which is an exponential moving average of the discrepancy. If the MACD and trigger lines cross, then this is taken as a signal that a change in the trend is likely.

Since the vast majority Forex software trading systems available today are one of two types, either a signal based system or a trend based system it would be remiss of me not to discuss trends lines, something I personally follow very closely. A trend refers to the direction of prices are moving presently and have been moving before changing. Rising heights and troughs constitute an up trend; falling peaks and troughs comprise a down-trend that establishes the sharpness of the present trend. The infringement of a trend line typically signals a trend change. Horizontal peaks and troughs distinguish a trading array. Moving averages are used to level price data in order to substantiate trends and support and opposition levels. They are also constructive in choosing a currency trading approach, particularly in futures trading. It can also be utilized in a market when a strong trend line has been verified moving in either direction.

These are the three patterns I follow on a daily basis. I used these as an example because it is possible to purchase Forex based software systems that are able to capture this data and format so anybody can make use of it. Having the information is only one part of the equation though. If you really don't understand what you are looking at and its importance then it will be little or no use to you. Therefore my strongest recommendation before purchasing any currency trading system to track these statistics you take time to learn currency training at its highest level. If you do that and can understand what you software is presenting to you then you are well on your way to becoming a Forex cash making machine.


We have researched, tested & reviewed 100s of Forex Courses, Software Systems and Brokerage Firms which we only list our TOP 10 to help you LEARN FOREX TRADING. For 100s of FREE FOREX TUTORIALS please visit LEARN CURRENCY TRADING. Good Luck! I look forward to seeing you on the trading floor making money! William R. Alheim, Jr., CPA, MA

Forex Trading Systems Can Be Used to Be a Highly Profitable Trader If Used Correctly

By William Alheim Jr

Investors only just a few years ago could have only dreamed about the data that today's Forex trading systems are able to collect, assemble and transmit to the end user. The advances in the currency software trading systems has been phenomenal and shows no sign of decreasing, quite to the contrary they are improving the software faster than ever. However, it is not a means to an end without the proper training of how to make the best use of it and having taken time to learn Forex trading from the basics principles to advanced techniques.

Forex trading systems come with all the bells and whistles today with no need to spend anything for the extras, since the extras are already included. There are three distinct categories the currency software trading systems fall into, these are; formula based, signals based and trend based. A formula based software product is the easies to use and comprehend the data. These are based usually on a single formula that is developed separately from the conventional trading technical analysis utilized by most professional traders. But in some instances it could be a combination of formulas that are pre-programmed into the software that will send a warning when it is suggesting a trade.

The next section of the software is the signals based systems. These follow traditional methods of analyzing the markets and are based on the developers and programmer understanding of what, when and how to trade. The final software category that you will find are trend based system that allow you to recognize the path a currency has been moving and when it is changing. Most professional traders have both a trend based system and a signal based system. Some will supplement those with formula based systems.

Which ever Forex trading system you decide to use you can be sure that it is a very high quality product if you select a respectable brand name that has been on the market for a while. These products will have gone through numerous refinements getting the bugs out and up dating it with the latest information possible. There are many places on the internet and have purchased these products and tested them in attempt to determine which one is the best. I think researching before buying is always an advantageous strategy and would also work in this situation. But, please fully understand the systems are only a tool to use to help the highly Forex educated investor to trade with and not a means to make money without understanding the markets.


We have researched, tested & reviewed 100s of Forex Courses, Software Systems and Brokerage Firms which we only list our TOP 10 to help you LEARN FOREX TRADING. For 100s of FREE FOREX TUTORIALS please visit LEARN CURRENCY TRADING. Good Luck! I look forward to seeing you on the trading floor making money! William R. Alheim, Jr., CPA, MA

A Forex Education and Then Utilizing a Demo Account Has Proven a Profitable Forex Entry Strategy

By William Alheim Jr

Far too many new Forex traders attempt to enter the markets with little or no knowledge of the subject and have never taken the time to acquire a proper Forex education. I really have no idea how they think they are going to possibly be successful and make money, but none the less they do it ever day. Yes, the currency markets do offer a way to acquire wealth quicker and with less risk than almost any other form of investment. But, this is limited to the people who have taken time to learn Forex trading and have invested in themselves. While there is a vast amount of free information on the internet that will teach you about the currency markets, I assure it is not of the quality that one needs to be a profitable Forex trader.

I fully support and endorse researching, reading and learning from as much free material as you possibly can find before entering the currency markets. What I do not endorse is the idea that this will supply you with enough of an education to make it possible for you to make money in the markets. For the skeptical there is a simple path to providing proof of this statement without them losing money trying. Which is to become acquainted with the material and then open a FREE demo account supplied by many Forex brokerage firms. These accounts do not require you to invest any funds and allow you to try trading using play money by just filling out a simple online application.

There are many exceptional Forex training courses on the market today that are very inexpensive. Especially when taken into consideration the fact that one single simple currency trade will make more in profits than the cost of a course. Therefore, it is really beyond belief that people continue to trade in the FX markets knowing little or nothing about what they are doing. My personal favorites, which are quite a bit more expensive than the normal online courses are the mentoring programs. These courses are taught by professional Forex traders and have one on one teaching and trading sessions. Most of the better mentoring programs allow you to customize your specific training package. Unfortunately, new currency traders usually don't enroll in these classes but they are taken by the people who have tried trading, but have failed.

The currency markets offer a great place to acquire wealth quickly and with a limited amount of risk. To take advantage of this opportunity you really should acquire a top level Forex education before attempting to trade with real money. I have offered an excellent suggestion to trade with a demo account and use play money to see if this is really a place for you and to decide for yourself exactly what type of knowledge you will need to be profitable. I fully invite you to take advantage of that suggestion.


We have researched, tested & reviewed 100s of Forex Courses, Software Systems and Brokerage Firms which we only list our TOP 10 to help you LEARN FOREX TRADING. For 100s of FREE FOREX TUTORIALS please visit LEARN CURRENCY TRADING. Good Luck! I look forward to seeing you on the trading floor making money! William R. Alheim, Jr., CPA, MA

Control Your Emotion - Forex's Best Trading Strategy

By Tyler Green

A forex trader often follows a course of thought that if you don't understand before it happens might catch you by surprise and deter your efforts. Trading forex can be a lonely world at first because it is done on an individual basis and you don't have to take any formal college courses to get into it. You can get sucked into lines of thinking and wonder if they are normal or if this is a sign that you should give up your trading career.

The first thought process most people experience is the excitement of finding a course that they feel will be their tool to success. After a few days or so they begin to get the mid course blues and start to wonder what they got themselves into. Forex courses as with any courses can seem tedious at times, that isn't because the material isn't important it because subconsciously you start to wonder if you are actually going to use this information. Know that the information you have will be useful to you and the better you know and understand it the better you will trade. Stick with it, your excitement will return.

Another feeling most traders will experience is after they have been trading on a demo account and find that they have been successful for quite a streak. They want to take their success and start to earn real money so they are tempted to prematurely jump into the market. Be very careful and analytical about when you start to trade live. Trading live is very different from trading on a demo account, emotions are very intense. Don't fall prey to the excitement of a streak and jeopardize the money you have been saving for your forex trading business.

After you start trading live you may find yourself in a situation where you are losing money and you start to get frustrated and angry. When those emotions creep in it is best just to put trading aside and try again another day. Losing is part of trading but when you feel pressured to win your trades will never be successful. Trading to 'earn back' your lose or in revenge for what happen will always end up in putting all your trading rules aside and then your trades become gambles rather than strategic decisions.

Your emotions are the first thing you have to learn you are in your forex training course. You emotions will be your downfall because they force you to do things your education tells you is wrong. One of the best forex trading tips is to remember to keep your positive thinking. Negative emotion will grab your trading and slam it into the ground.


Forex Strategy starts with good Forex Training, never underestimate that power of a training program that walks you from the beginning. Two of the greatest Forex Trading Tips is to keep a positive mental attitude and control your emotions.

Cyprus Villa Investments - Will the Euro Boost Prices?

By Tim Martins

I was over the moon when the Cypriot government announced it's plans to introduce the Euro as it's currency as I knew it would really help on the Cyprus property market into a new dimension. There were those who doubted it's effectiveness in such an under developed nation but the current property market in Cyprus is just booming.

The introduction of the Euro has lead to an average annual rise in Cyprus property prices of nearly 10% and people have literally gone crazy with land investments which has seen sharp increases in market value. The current stable interest rate has not stopped Cypriot banks in giving mortgages and this has prevented a slow down in the Cyprus property market. The island of Cyprus has really opened itself up to potential property investors with improved airport installations with a lot more low budget flights helping Cyprus property investors to finalize their property investments with added ease.

There is no doubt that such closes ties between the nations of Cyprus and the United Kingdom after the second world war that the Brits just love Cyprus as an all year round holiday destination. Todays Europe has come a new treaty of nations that work side by side as equal partners and where better than the mythical island of Cyprus to all come together, relax and enjoy everything this beautiful island has to offer. The best thing is that you can enjoy the Cyprus spectacular for almost 300 days a year when the sun just never stops shining.

The British have been investing in Cyprus property for a number of years now leading to investors making huge gains due to a steady rise in property prices. We are now seeing other Northern European tourists looking towards Cyprus for excellent property investments and who can blame them. Looking further afield, even Middle Eastern Property investors are beginning to notice Cyprus and all this when Property Investments have taken a dive in the larger European nations.

The urbanization of Cyprus has been carried out with strict rules concerning green spaces with an incredible amount of detail paid to the Environment. This is just why I love Cyprus with a passion and would fully recommend the change of venue, as you will see on my blog at Cyprus Informer, which you will find linked below.


Discover these Cyprus Villa Tips written by the illustrious Tim Martins and check out his Cyprus Travel Blog.

Forex Price Movement - The Best Mathematical Formula For Profit

By Sonia Kristina

There are many theories that say that as human nature repeats, there is a law for market movement and if you know the law you can apply a mathematical theory and make money but which is the best? Let's find out...

Popular theories are - the Fibonacci number sequence, Elliot Wave and Gann's price and time. There are many others but the fact is none of them are scientific or mathematical.

The definition of a scientific law is that it works ALL of the time!

None of the above work all of the time and that means there not mathematical.

In fact there is no hidden law to market movement because you are dealing with probabilities not certainties.

Just like a good poker player, makes money trading high odds hands, the aim of the successful forex trader is to trade high odds trades.

People think that the appliance of mathematics can beat the market but if the market doesn't obey any law then it's doomed to failure and this leads to a simple fact about Forex trading which can lead you to success.

50 years ago - 95% of traders lost and the ratio of traders who lose today remains about the same.

This simple fact leads to a compelling conclusion.

If you think about it all the advances in news, forecasting and mathematical theories have not increased the number of winners and this means you need to - Keep it simple and success is dependant on something else!

Simplicity and Discipline the Keys to Success

Simple systems always work best in an odds based market as they have fewer elements to break than a complicated one.

Once you understand this you need to trade with discipline trading high odds trades and keeping losses small. You are as we said earlier trading the odds like a good poker player and its no wonder that some of the top traders in the world - were you guessed it, successful poker players!

Most traders like to think they can beat the market and avoid losses and see technology as the answer but as we have just proved it's not the answer.

If you want to win at forex, think like a poker player rather than a mathematician and you will have a lot more success, as you will be trading the odds and that's the way to win.


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

For free 2 x trading Pdf's, with 50 of pages of essential info on how to Trade Forex Like a Pro visit our website at: http://www.learncurrencytradingonline.com

Automated Forex Trading Software - Should You Use Internet Based Or Desktop Based Forex Trading Soft

By Ryan K Lim

One of the latest trends of forex traders is to use automated forex trading software to handle some of the more tedious tasks of monitoring the forex exchange market. It is also becoming more and more popular with people who have no time to constantly monitor the forex market 24 hours a day.

Unlike the stock market, the forex currency exchange is open 24/7 and unless you make sure of a forex trading software, it is almost impossible to monitor the forex market constantly. For people who are investing in the forex market on a part time basis, an automated forex trading software can be of tremendous help since it can help monitor, set trades and place stop losses on your behalf without you having to constantly sit in front of the computer monitor.

Most forex software receives forex signals from trading systems. These signals help in determining when and how a trade has to be made. The primary goal of this software is to give best trading norms to the user and return good profits.

They need not keep track of what is going on in the market. The forex investment can be managed by this automated forex software.

There are many forex software on the market these days and it can be difficult to determine which one is good and suitable for you.

There are mainly two types of automated forex trading systems in the market

1. Internet based systems

2. Desktop based software

The internet is a vast medium which provides access from any part of the world. An internet forex trading system allows a user to log into his/her account from any where in the world.

The main benefit is the user need not worry about the maintenance. There is one disadvantage in that if you do not have a fast internet connection, it may not perform well and gives vague results for trades.

Desktop based forex software can be downloaded to your computer and can usually work with or without your internet connection. Most desktop based software do require internet connection as well to download updates and import forex charts and data.

The security features of these two systems should also considered by users. Most of the internet services provide high security measures compared to desktop applications.

When carrying out internet forex trading, you should scan your computer for viruses and spyware before proceeding. This only can ensure proper trading without any hacking. Clearing your browser cookies can erase any rogue cookies or browser hijacks.


Visit my forex site and check out the best automated forex trading software. Check out my forex assassin review and the forex brotherhood review.

The Best Way to Make Money Forex Trading

By Max Branner

Although daunting at first, the truth is that many people enjoy earning a steady income of money forex trading every day. It's also true that many people lose a great deal of money forex trading, as well. The key is to have the right tools in place to trade confidently and ahead of the curve.

The advantage which forex programs make it easier to make money forex trading comes in the form of timing. The most sophisticated forex programs not only watch over the market on your behalf, they trade on your behalf and in your best interest. This can save you a great deal of time but also deliver the peace of mind at knowing that your campaign is in good hands. This is the future of forex trading as it completely eliminates and chance for error, human or otherwise. Not to mention it's exponentially much more cost effective than hiring a broker.

To give you an idea of how exactly an auto trader works to earn and just as importantly save you money forex trading, consider this example. Say you're invested in a trade and the market suddenly fluctuates out of your favor and if left untouched for even a moment you stand to lose money. At the earliest indication of this trend in the market, the forex program trades away on your behalf so that no time is wasted on either end, thusly saving you a great deal of money. Forex programs take this idea of keeping a tireless watch over the market one step further to benefit you.

Without a doubt, most of your money forex trading will be made through using the tip indicators associated with forex programs. As I already mentioned, forex trading programs keep a vigilante watch over the market at all times. They not only collect and analyze the data which the market gives them, they take advantage of that information and make use of complex, calculated, and most importantly TESTED algorithms. These algorithms are designed to predict precisely where the market will go next to afford you the advantageous opportunity to trade ahead of the curve using the tips which your program produces for you.

Most of these tip or trend generators are tested for months or even years before they are released to traders. They are tested within real campaigns and continue to be tweaked and refined until they are constantly correct in their tips. The best publishers offer constant free updates to their programs so that your program and tips remain as fresh and up to date as the market itself. If you're serious about making money forex trading and want the most precise information affecting your trades day in and day out there is honestly no substitute for the tip indicators associated with trading programs.


Start towards your path to financial independence and begin earning reliable and guaranteed income today. Visit http://www.forexautotradingreviewed.com for in depth reviews on the leading forex trading programs available today.

Know the Best Forex Software Trading Programs

By Max Branner

The best forex software trading programs can make you a great deal more successful in the forex market as they completely eliminate any chance for error and make your trades a great deal more timely and accurate.

Forex trading programs keep a constant a vigilante watch over the market. The best forex software trading programs even trade on your behalf and in your best interest without you ever having to be present. As the forex market keeps much longer hours, open practically the entire week, save for a few hours over the weekend, this is a major asset.

It's just common sense that if you want to be successful in the forex market, you've got to be able to react at a moment's notice at all hours to ensure that you won't miss out on any profitable trades or to shield yourself if a trade you're already invested in goes sour. As this can be virtually impossible, forex auto traders were developed to both take the weight off of your shoulders but also afford you peace of mind at knowing your campaign is in good hands around the clock for a fraction of the price that it would cost to hire a broker to trade for you.

The best forex software trading programs offer trend and tip indicators, as well. This is an upgrade to the old way of doing things. In the past, traders would look to forex experts or analysts for their predictions as to where the market would go next. They would l. While this worked for them at the time, there was a great deal of error, human and otherwise, associated with it.

Tip generators account for the entire scope and range of the market, both past and present, in their predictions. They then figure all of this information into cold, complex, and most importantly tested mathematical algorithms. The best forex software trading programs are tested for months and sometimes years before they are every made available to traders to ensure that they are as accurate and correct in their predictions as possible.

The best forex software trading programs are also constantly updated for free by their publishers after they are purchased to ensure that they remain as up to date and as fresh as the market you're trading in itself. Many traders swear by the tips they gain from their programs. If you want the best information affecting your trading day in and day out there is honestly no substitute for the best forex software trading programs.


Start earning some reliable and guaranteed income and begin to carve out your niche to financial independence today by visiting http://www.forexautotradingreviewed.com for in depth reviews on the leading forex trading programs available today.

Trading Forex on Autopilot - Why Most Traders Lose With Forex Robots!

By Kelly Price

It's a great idea, just follow a mechanical forex trading system on autopilot and make huge gains - but the reality is for the vast majority of traders is an account wipe out and there are 2 main reasons why...

The first reason is obvious.

1. The Forex Robot has NEVER been traded for Real!

You often see a system advertised for $100 and the track record would make the worlds top traders envious - but the catch is the track record does not represent real trading or real dollars!

All the vendor has done is simulate a paper track record knowing all the highs lows and closes and made his system profitable knowing the history. Traders buying the system never think about how ridiculous this is - buying a made up track record and thinking it will repeat in real life - dream on! If only forex trading were that simple.

The systems collapse in real time as not two pieces of data repeat again and the system the trader bent to the data, to make a profit in hindsight, collapses and destroys the traders account.

These automated forex trading programs, with simulated track records are all over the net and they will all lose you money. If you thought about it - if the vendor is so confident it will work, why doesn't he trade it?

Well now you know why. Avoid any system which has these words in the small print - simulated, back test and in hindsight.

If you want to trade an automated Forex trading system get one with a real track record which has proven itself - check out a great free one, the 4 Week Rule which we have covered in our other articles.

Now having a proven system is actually on its own not enough to make money, you need to learn apply it.

2. Applying the System with Discipline

Many traders have good systems, yet can't apply them. As soon as they hit some losses, the discipline to apply the system breaks down and if you don't have the discipline to apply the system - you don't have one.

What you need to do is not just follow a system blindly, make sure you know the logic and are confident in it, as confidence gives you discipline. Never follow a system without knowing how and why it works.

Next you need to get an idea of the losses the system takes and don't just look for the average loss. Assume you joined at the worst possible time and measure drawdown length and duration. That is what you need to be prepared for in the future, so always assume your worst drawdown is ahead of

All systems will suffer weeks or even months of losses.

This doesn't mean they won't win - many do and make huge gains but you must have the discipline to ride out these periods of losses and stay on course.

So there you have it - get a proven system not a simulation, learn the logic and trade with discipline and big forex profits on autopilot can be yours!


FREE! Successful Forex Robot! + Much More

For more essential forex trading advice and a FREE Succesful Forex Robot and an exclusive RISK FREE Forex trading Course visit our website.

Free Currency Trading System - This One Has Made Millions and It's Free!

By Kelly Price

If you want a free currency trading system which works and has made savvy traders millions, your in the right place, as everything you need to know about it is enclosed. You can buy a currency trading system or robot from a vendor - but you don't need to - this system not only is free, it works and has made millions of dollars unlike most sold systems which have never been traded. All they do is produce a paper back test of what might have been and of course they do this knowing all the price history!

Get Real Time Performance

So forget the simulations and get the real deal. The free currency trading system we are about to look at was devised by Richard Donchian (who is considered one of the most influential traders of all time) back in the seventies and is still used today. It's a very simple breakout strategy and has one parameter or rule and here it is:

When the market you are trading hits a new 4 Week high buy it. Wait until a 4 week low is hit and then reverse the position. Keep reversing the position on each new 4 week high or low, as its hit and always hold an open position in the market.

Simple Systems are Best!

It sounds so simple, it couldn't make money - but it does and if you think about it as long as market trends long term it will keep you in and help you make profits from all the big moves. As most trends start and continue from breakouts the logic is sound and timeless.

It works long term and sure it has drawdowns in the short term when markets don't trend - but when they do this system will pile up big gains. If you want to keep losses small in trendless markets, you can add a filter and exit on a closer stop (say one week high or low) and then wait for the next signal to be triggered.

Tap into the Big Trends and Big Profits

Whichever way you use it this long term currency trading system works and will never go out of date. Its longevity is due to its success used now for nearly 30 years, by smart, savvy traders all around the world.

Its free so take a look at it and you will be surprised at how much money this simple system makes.

A time Efficient Money Making System

Not only does it make money, you only have one rule to follow and it can be traded in about 15 minutes per day and for this small amount of time you can make huge gains on autopilot with one of the best currency trading systems you can get and best of all its free!


FREE! Essential Trader PDF's and FREE Forex Robot

For more essential forex trading advice and a FREE Currency Trading System and an exclusive RISK FREE Forex trading Course visit our website.

Forex Trading Tips - 3 Simple Ways to Supercharge Your Profit Potential

By Kelly Price

Here we have enclosed 3 simple Forex trading tips which if you apply them, can help you supercharge your profits so here they are...

1. Learn the 80 -20 Rule

The 80 - 20 rule is used in many areas of life to show reward to effort. In business for example it's frequently seen that 20 percent of a companies clients produce 80 percent of its revenue. In Forex Trading when the rule is applied - its 20 percent of your trades will provide the bulk of your profits.

It's a fact that most Forex Traders trade too much, they are impatient and simply want to trade and take low odds trades and lose.

A trader I know trades about once a month and makes triple digit annual gains!

In forex trading the big high odds trades don't come around every day and you need to be patient and wait for them. In Forex Trading, you don't get rewarded for effort you get rewarded for being right and that's - it.

So cut your trading frequency and you will spend less time on your Forex trading strategy and make more money.

2. Up Your Risk per Trade

How often do you see the statement - only risk 2% of your equity per trade?

A lot and its fine if you have a large account but if you are a small retail investor trading $1,000 that's $20.00!

You will simply not be able to have your stop far enough away to be outside normal volatility and will lose. If you want to win at Forex trading you need to take a calculated risk at the right time, to give you the chance of a big reward and have your stop far enough back, not to be hit by random volatility.

It's a fact most traders try so hard to restrict risk they actually create it.

Risk 10 - 20% of your equity - if you are waiting for high odds trades and risk meaningful amounts, you can realize a big profit. This is not being rash; it's taking a risk at the right time and risking enough to make a meaningful gain.

3. Don't Diversify

Its common wisdom - but again on a small Forex account is not a good idea.

If you have a good high odds trade why dilute its potential profit with a trade for the sake of it?

Small investors should be hitting one high odds trade, with as much as they can and focusing on it.

Be Patient Trade High Odds Trades and Hit them Hard!

The above is a simple way to make more Forex profits and actually reduces the time you spend on your Forex Trading while at the same time increasing your potential rewards, from this exciting and lucrative business.


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

For free 2 x trading Pdf's, with 50 of pages of essential info on how to achieve Forex Trading Success visit our website at: http://www.learncurrencytradingonline.com.

Forex Trading Strategies - The Best Strategy For Novice Traders For Huge Gains

By Kelly Price

If you are looking at forex trading strategies and want to win with a simple one which works and will always work and takes less than 30 minutes a day then, one enclosed is for you. The strategy we are going to look at here is a long term breakout strategy.

The reason it works and will continue to make profits, is outlined below, as well as tips on what you need to incorporate in your Forex trading system to win.

Focus on the Big Trends

Firstly, look at any Forex chart and you will see big trends, that last for months or even years. If you can lock into these trends you can make huge amounts of money with leverage on your side. Forget about trading short term and focus on the long term, the odds are better and there is more money to be made.

Catching the Moves

If you look at any Forex chart, you will see that most big trends start from breakouts to new chart highs or lows and you should trade these breakouts.

Most traders can't because they want to wait for the market to come back to get in at a more advantageous price but they wait in vain, as the trend continues.

If they would have bought the break, the odds of it continuing are high and they would have made money but they missed the move. This is why it makes so much money because most traders simply cannot do it. If you learnt to go with these breaks you can make a lot of money.

You only want to trade breakouts, where support and resistance is considered important by traders, so lots of tests and the level should have held at least twice before.

Indicators to Use

When trading breakouts, all you need are bar charts and some indicators which will tell you if momentum is accelerating into the break. If it is, chances are the break will continue. We have discussed various indicators in other articles - but two great ones are the stochastic and RSI, you can learn all about them in an hour or so and if you use them to confirm your moves, you will get the odds in your favour and win more trades.

Money Management

This is easy when trading breakouts - put your stop under the breakout point and wait for the move to gather momentum and then trail it - but don't trail to close! Most traders move their stops to close and get taken out of the trade by short term volatility.

When trading big breakouts, you need to trail your stop slowly and outside of the pullbacks. Remember, to catch the big long term moves and stay with them you must accept short term swings against you.

That's it

You can put together a simple, forex trading strategy, based on breakouts, in a week or less and trade it in about 30 minutes day.

Of all the Forex trading strategies you can use, as a novice forex trader this is one of the best as its so simple, so effective and so time efficient.

It works and will continue to work, as long as markets trend long term which doesn't look like changing - So trade the big breakouts and make big Forex profits!


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

For free 2 x trading Pdf's, with 50 of pages of essential info on how to Trade Forex Like a Pro visit our website at: http://www.learncurrencytradingonline.com.

Forex Trading Advice - Learn Forex in Just 2 Weeks and Win!

By Kelly Price

Many traders think it takes a long time to learn Forex trading - it doesn't you can learn it in a couple of weeks and you can trade in 30 minutes a day or less. The Forex trading advice here is all about being smart and not about working hard.

Many traders think the harder they work the more their reward will be and this is true in many normal jobs but not Forex markets, the amount of effort you make does not have any influence on how much money you make.

Working Smart to Succeed

You need to work smart, learn a simple Forex trading strategy and this is easy to do and should take you no more than week or two to learn.

You should base your Forex Trading system on catching and holding the longer term trends and focus on these rather than the short term random noise. Forget short term trading, the odds of success are zero; you make a lot of effort and end up losing. Why spend more time than you need to?

Simple is Best

Forget all the complicated theories, they won't help you make you make bigger profits and this is proved by the fact that:

Despite all the improvements and changes in technology for the better we have seen in the last 20 years, no more traders are winning! This is why you only need a simple system. Well it all seems easy so far - so what's the hard part?

The Hard Part is Getting the Right Mindset!

The hard part is acquiring Forex trading discipline.

It's a fact anyone can avoid the myths and seek out the best Forex education and learn the right knowledge - but not all traders have the mindset to succeed.

The problem traders have with Forex trading is executing their system through periods of losses and they can last for long periods and in them discipline to ride them out is the key to longer term success.

The traders ego gets bruised (lets face it no one likes to look a fool!) and they cannot trade with discipline and give in and once discipline goes, they no longer have a system! Discipline is hard - but you can be disciplined if you have confidence and can take your losses, keep them small and focus on the long term.

Forex trading is not complicated!

Forex trading is simple and success is as much about mindset as a good solid system.

If you understand the Forex advice enclosed you will understand you need both to win and 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 on how to Trade Forex Like a Pro visit our website at: http://www.learncurrencytradingonline.com.

Forex Trading - 6 Character Traits Winning Traders Possess - Get Them Or Lose

By Kelly Price

If you want to join the elite traders you need to have the enclosed 6 traits some are obvious and some are under estimated by most traders. The fact is unless you have them you will lose...Let's look at them there in no particular order of importance - there all crucial to your Forex Trading success.

1. Your Destiny is in Your Hands

This means that you accept that no one is going to give you success - forget the Forex Robots with their fake track records and gurus telling you they have full proof systems - they don't. You need to make Forex work for you and that means learning the right Forex education.

2. The Right Forex Education

Most traders fall for the numerous myths related to Forex trading and try and learn methodologies that will fail. They believe for example that day trading works, markets move to mathematics, buy low sell high is a way to make money and if you work hard and are clever, you will make money. Believe any of these myths and you will lose.

You need to focus on the right Forex education and that means working smart not hard. You need a simple, robust odds based system and next comes the hard part.

3. You Need to be disciplined

You need to accept for long periods you will lose!

It happens to all traders even the top guys and it will happen to you to. It is the ability to take these losses, keep them small and keep on course, executing your trading signals until you hit big profits, that separates out winners from losers.

All the best traders know they are going to lose and they know they need to keep their losses small - but they know if their patient, their time will come.

Most traders underestimate how hard discipline is and throw in the towel early when losses hit them, as they get angry and frustrated.

You must keep your emotions in check to win and stay on course, its as simple as that.

4. Isolation

All the best traders, trade in isolation.

They don't give advice or accept it, they go their own way and don't care what the news or other traders think, even when they are on their own, as they know the majority don't win.

5. Patience

The best traders know they don't get rewarded for trading often, only for being right and they will wait for the right trades and only go for them.

6. They Love What they are Doing

They don't get upset by losses and don't get stressed out - they have cool calm heads and make their decisions based upon their systems and not their emotions.

They love what they are doing, because they have rock solid confidence they are going to win.

Putting it all together...

Having a successful method is only part of the equation for success - having the right mindset and discipline to apply the method, is just as - if not more important to win at Forex.

Most traders don't lose because they can't learn to win they can, its just they refuse to take on the traits that winners have.

If you can learn and apply the above traits you can be a winner at Forex trading.


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

For free 2 x trading Pdf's, with 50 of pages of essential info on how to Trade Forex Like a Pro visit our website at: http://www.learncurrencytradingonline.com.

Price Action - The Forex Trading Training That Everybody Should Know

By John Templeton

With so many people looking for the proper forex trading training, its quite a surprise how much faulty information is available to the public. It all starts with the needless use of indicators. It's almost impossible to go to any forex forum, chat room, online course, etc....and not hear about traders using indicators. They just love them. Many people have no idea what they do, but they like the idea of putting them on their charts.

It happens to everybody when they first start trading. You instantly go to the indicator menu on your charting platform to see what kind of toys the software has. The problem with that is that most traders don't evolve and quit playing with their toys.

Instead of learning price action, they would much rather clog a chart full of moving averages, stochastics, MACD, and everything else under the sun. How could somebody possibly learn to trade like that?

These indicators are blocking their view of what is actually happening in the market!!!

You know there are traders who don't even pay attention to what is happening to the price of the respective currency pair. All they are doing, is waiting for their indicators to align up so they can buy or sell. As far their concerned, this is the only thing that's important.

I suppose it wouldn't be such a big deal if this worked and traders were making money with it, but sadly that isn't the case, if you go by the famous statistic: 95% of forex traders lose money.

Once traders can understand that their eyes are the best indicators in the world, they can eliminate all the other useless junk.


John Templeton has been a successful forex trader after learning how to learn how to day trade. Once he understood that all he needed to trade forex was on a plain chart with no indicators, his profits soared.

How to Trade the Forex Market Without Indicators?

By John Templeton

Everybody and their brother wants to know how to trade the forex market? Unfortunately, for most people, they never get the proper education that they need. It seems everywhere you go, people are just selling these forex trading systems in a box. These forex trading systems basically put an arrow on the chart saying "BUY HERE" or "SELL HERE". So the only thing the trader has to do is hang around his computer and wait for these signals to come in.

You can call me a pessimist, but I don't think that's going to get it done. If trading was that simple, I don't think so many people would be losing money. After all, the only thing they would have to do is just wait for their chart to tell them when to trade. Somehow, I don't think this is the way George Soros trades? If this worked, you wouldn't be hearing that 95% of traders in the forex market are losing money.

Take the time to understand the principles of price action and price movement. The currency markets (actually all markets) have these patterns which are shown over and over during the day, that can be used to predict where the price is headed. This is without using any stochastics, MACD, Fibonacci, or any of that other rubbish.

The problem why many people don't feel the need to try to learn price action is that it is much more of an art than a science. It isn't like when two moving averages cross each other and you are "supposed" to buy. it doesn't work like that. You will have to use some brainpower, BUT if you do grasp it, you will be miles ahead of the vast majority of forex traders who are just throwing darts at a dartboard.


John Templeton has been a successful forex trader after learning how to trade price action. Once he understood that all he needed to trade forex was on a plain chart with no indicators, his profits soared.

A Currency Trading Course Like No Other!

By John Templeton

I really feel bad for people that are looking for currency trading courses in this market, because they never get the information they need. I can sum up most of the information that you'll find online about currency trading.

You have to start with the ever famous automated forex trading robots (expert advisors). For those unfamiliar, they are basically these trading robots that do all the work for you. They trade the market while you sleep, eat, go out, and take care of the kids. I hate to break it to some people, bu trading is not this easy. The most famous and successful traders in the world would not let a robot trade for them. The market is too complex for something like that. It may be viable option in the future, but we are not there yet.

If you don't believe me, all you have to do is go into any forex forum, and look through the hundreds, if not thousands of threads that are dedicated to people working on forex robots. Take a look and see if how many are making money (not demo) with them. I think you'll be quite disappointed.

The other currency trading courses usually have something to do with using "special" indicators that form this system to trade forex. I know that people love indicators, but they have to realize that the only thing they are good at, is telling you what has already happened. They look great on a chart, but they are as random and arbitrary as flipping a coin.

Indicators, like stochastics may technically tell you that the market is oversold, but what does that have to do with the tea in China. Does that mean, because the market is oversold, its time to buy? Maybe, maybe not! Again, its completely random.

Its the same exact thing with moving average crossovers. People think that there is something magical that happens when moving averages cross each other. They think that other traders are waiting for this, and the price is going to go in a countertrend. Who knows, that may be the case. But I can tell you that it has nothing to do with those moving averages, it was just a coincidence.

Once traders can get off of this indicator mentality and pay attention to what the actual price movement is doing, then they will always struggle looking for the next great thing.


John Templeton has been a successful forex trader after learning how to trade price action. His currency trading course, Trading In The Buff shows that once he understood that all he needed to trade forex was on a plain chart with no indicators, his profits soared.

3 Vital Stages Of Forex Trading Education

By Abhishek Agarwal

Forex is hugely popular, and plenty of people (including you) have only good things to say about it! Probably, it is because you have seen others getting lucrative profits from this business? And now you are keen to get into the business yourself! Find out if the successful ones had taken any Forex trading education beforehand!

You cannot start any business without proper background research. It is the same with trading. There is no need to rush headlong into things. Since you are responsible for your own time, utilize it to study how the business actually functions before you start playing around with real money.

Beginner or expert, if you are planning to make an entry into Forex, you would be well advised to go in for Forex trading education; learn at least the basics. Treat it as a degree that will fetch you a greater income in future. Once you have educated yourself and feel confident, you can step right in!

But determine whether the learning that you have received is going to serve you as just a guide, or you are planning to put the whole thing into practice step-by-step. As a matter of fact, during the process of training itself, it will be made clear to you whether you and Forex are well matched or not!

Forex trading education comes for free on certain web sites. There is no need to purchase anything. You will get to learn some strategies that will guide you to success, which should go a long way in boosting your self-belief.

Forex trading education can be divided into three stages--

(1) The first stage involves getting acquainted with Forex and how trading takes place on this platform. To put it more simply, you will get an idea about how the financial market functions.

At this early stage itself, you will realize how unpredictable the twists and turns of trading can be! What is important is that you train yourself to sense the subtle movements of the Forex trading market. Armed with this knowledge, it should be easy for you to supervise the changes taking place as well as turn them to your distinct advantage.

(2) So you are clear about about the perils that lie ahead once you enter the arena of Forex! Get to know as much as you can, so that you are well insulated against any future shocks that might come your way!

In fact, this Forex trading education should even help you devise strategies to get the upper hand where these risks are concerned. You will learn to control your impulses too, that is not make hasty decisions. All this time, if you have been taking everything too lightly, your mindset is going to undergo a serious change!

Pay close attention at this stage of your education. Once you enter the Forex world, or even if you have been in it for sometime already, your decisions are going to prove vital--either you are going to stay in the business, or you are on your way out!

Another fact to bear in mind is that no business is going to ensure big profits at the very beginning. There are bound to be initial losses before it picks up. Also, you do not still have enough experience. So learn to be objective about the whole thing and not get emotionally involved. Just determine to succeed.

(3) Finally, Forex trading education tutors you about your account with Forex. How best is this account to be managed? Now that your education has come to an end, foray into the Forex world!


Abhishek is an expert at Online Trading and he has got some great Trading Secrets up his sleeves! Download his FREE 81 Page Ebook, "Online Stock Trading Made Easy!" from his website http://www.Trading-Masters.com/766/index.htm. Only limited Free Copies available.

 

GooContents | Jump to TOP