Tuesday, 6 March 2012

Learn How to Profit From Forex Trading and Create a Steady Passive Online Income

I am sure you have heard and read everywhere that it is quite easy to make a profit forex trading and that this the best way to generate a passive online income.
Some of that is true, as forex trading can really be easy, but it also can be painful if you are not properly equipped to manage the risks involved in this business thus avoiding losses.
Also, there is some truth in the fact that forex trading can become a stream of passive online income, but that will depend greatly on how you choose to carry out your forex trading operation.
First of all, if you want to make profit forex trading, you will want to either be an expert trader or have very good forex toolbox by your side.
Secondly, if you want forex trading to become a passive online income for you, you will not only need to have that forex toolbox, but you will also need to make sure that you have thrown a reliable automated forex software in it.
Indeed, forex trading can make you a lot of money rather easily, but only if you have an investment plan or at least the ability to execute one. This goal can be achieved based on your skills as a trader (if you have expertise in the field) or with the use of forex softwares and systems.
Some of these forex softwares and systems have the ability not only to analyze the market movements and spot a good opportunity for a profitable trade, but also to place and close trade orders all by themselves, which means that your time dedication is virtually reduced to zero while you are still making a profit forex trading.
A few of these fully automated forex softwares really work very effectively, and they are definitely the answer if you are looking to create a stream of passive income online through forex trading.
So if you want to make a profit forex trading while creating a passive online income, you should get yourself one of these softwares. However, before you do I recommend you to read this review so you can make an informed decision: http://www.specialonlinebusinessreviewauthority.com.

Learn Forex Trading Online As Opposed to Through an EBook to Speed Up the Process

If you are interested in making money trading the Foreign Exchange Markets (Forex or FX) the best way to accomplish this task today is to learn Forex trading online. When the FX markets were first deregulated in 1997 there was an instant proliferation of books and EBooks claiming they were able to instruct you to become a profitable trader. It quickly became apparent to the purchasers of these products that the information supplied was simply not sufficient for there readers to profitably trade the currency markets.
After the EBooks became popular a quick succession of online currency trading programs appeared seemingly out of nowhere attempting to fill the void the EBooks were not able to meet. As time past these currency training courses became more popular and imitators rapidly followed. As the market for these products expanded the developers realized in order for them to survive they were required to offer exceptional value for the money or they were going to be simply pushed out of the market.
This is pretty much were we are today. The quality of the Forex educational courses has increased and continues to increase daily due to the stiff competition within the market. Some of these courses virtually guarantee a successful and profitable entry into the currency markets. They can do this because they are taught by professional currency traders that allow you in real time to trade there exact portfolio. When you take into consideration the cost of these currency educational courses and the fact that one small trade in the FX markets covers the cost of these courses, one has to wonder why a novice trader would even consider entering the markets on there own.
There are three separate classifications of courses to learn Forex trading online with. They are comprehensive, specific and mentoring. A comprehensive course provides and extremely well rounded view of the markets that allows the student to have a very solid foundation to build there currency education on. A specific currency training program is usually taught by an individual who has discovered a relatively simple technique of Forex trading which they repeat constantly to produce large profits. A Forex mentoring program is taught by a professional currency trader and has one on one teaching and trading sessions. Which every approach you decide is best for you as long as you enroll in a high quality currency trading course you can be assured that not only will you receive exceptional value for you money but an excellent Forex education as well.
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

Guide For Starters In Forex Race - Part 4 - Exact Practical Plan - 5 Points You Should Begin With

Forex stands for Foreign Exchange Market (FX). It is the largest market for currency trading - that covers the whole world. A lot of information about Forex trading is available today. Analytics, news, trading strategies, trading signals, auto-trading systems and much, much more. This information is very complicated so novices usually get frustrated because of information overload.
And usually the most asked questions are: What to start from? Whom to listen to? Is it really so difficult to trade or not? I'm not going to answer all of these questions now - not at this short article. But I'll try to summarize my knowledge and write some useful tips that will help novices to understand the whole thing and finally get ahead in this Forex Trading game.
So what exactly should you do as an aspired forex starter? Here is a short plan for you:
  1. Set a time limit for 5-7 days (free days I mean). During these days try to absorb as much information about Forex Trading as possible. Use Google and your imagination to search. You can start from "forex", "currency trading", "forex trading" etc. After this period stop consuming information. At all. Just sit down and try to summarize it. The pen and the piece of paper will be truly useful for this.
  2. Choose your first broker. I'll recommend one later. Don't make things too difficult - you just need to get started, right? Don't begin with huge deposits, I recommend to start your trading from Mini-Forex or even Demo account if you don't have a few hundred dollars to open mini-account.
  3. Pick your primary trading currency pairs/crosses and stick with them for at least three-four weeks. Get used to them. I recommend eur/usd, gbp/usd, aud/usd and cad/usd but it's not very important - just choose what you like.
  4. Pick a trading strategy - and use it for three-four weeks no matter what happens on the market. Then decide, if it's worth using for you or not. This step is very complicated for the majority of beginners - just because they make it complicated. I'll cover this topic in more detail later, for now - just choose what's simple and free. You don't need to re-invent the wheel, you just need to get your basic trading experience.
  5. Manage the risks in your forex trading. Use stop-loss orders to control your potential loss. Don't risk more than 10% of your deposit in one deal if your deposit is less that $10 000 (and it should be less - remember what I said earlier about mini-forex).
I recommend you to try out this Forex Trading Platform. You won't need to download it, and account can be opened As Fast As 5 Minutes. Trade USD vs. All Major Currencies and Start for As Little As $100. Leverage Up to 200:1 is available for You. Also You can Comfortably use Your Credit Card to deposit funds. Just Follow this Link or type in your browser: http://ezforextrade.info

Monday, 5 March 2012

Forex Trading Strategies - Learn to Use Support and Resistance

Support and resistance are fundamental elements of classical technical analysis. Additionally they are used to test some other indicators. In technical analysis all trend lines and price patterns are combination of support and resistance levels. So how these support and resistance levels are formed?
The line of resistance is the line that connects the maximums or peaks of the market. The peak is formed when buyers are not willing to pay higher price anymore for a given currency. At the same time with any upward movement traders who sell the currency feel the resistance and start selling at the lower price that makes the price to go down.
Trend that was going up now stalled as if there is an invisible ceiling that cannot be penetrated at the moment. If bulls become strong again the price can move higher. Otherwise there must be consolidation and eventually trend reversal.
Level of support on the other hand connects the minimums or bottoms of the price action. The reason behind of levels of support is similar but opposite to the reasons of forming resistance. Bulls switch places with bears.
Traders who sell are active players in the market. They are the ones who cause the price to move downwards. Traders who buy the pair play in defense. The higher the activity of sellers the higher the probability for the price to break out the support level.
Support and resistance are usually formed because of people's memory of the past events. Traders remember that at a certain price the market reversed some time in the past. That's why it stimulates selling or buying the pair at certain price. Their massive action creates those levels resistance and support again and again.
Most of them remember that a week ago at this point price stopped descending at reversed. Traders will start buying the pair that will make a reaction in the market and price will increase. The opposite is also true. Most traders remember where price did not go higher and once a pair achieved that height they will start selling it causing the price to collapse.
The more times price hits a certain level of resistance or support the stronger the level is. The more times it bounces form certain level the more participants of the market are satisfied with this market situation.
However over time these levels of support and resistance become weaker and weaker. At certain moment price penetrates the support or resistance level leaving those satisfied traders in loss. Many of them may encounter such a loss that wouldn't be able to continue to trade.
That's why any trader needs a trading method and sound money management system to avoid losing entire account when price violates some levels of support or resistance that seemed to be rock solid.
Albert Schmidt is a part-time currency trader. After quite a long time of struggle he learned to make consistent profit trading in Forex. Review a trading strategy he successfully uses in his trading Forex.

Make a Living Trading Forex

Yes, it is possible. With the right Forex education and training, a large enough Forex trading account, and the discipline to stick with a Forex trading system, anyone can make a significant living Forex day trading.
So how does one go about getting started in Forex you may ask? I have included below some simple steps towards trading Forex full-time.
1) Learn Forex Trading - This may sound obvious but it is the first and one of the more difficult steps. Unlike most professions, there are no "accredited" Forex schools to my knowledge to teach you how to specifically trade the Forex market. There are, however, Forex training courses online. However, many of these "learn Forex on your own" courses are written by individuals who don't know much more about Forex than your novice Forex trader. Others are written by Forex Brokers with a financial interest in seeing you lose (Google: "five types of forex brokers" to understand what I mean). It is difficult, but not impossible to find a reliable source for quality Forex education. Do your research. Compare multiple education alternatives and choose someone who has your best interest in mind.
2) Practice, Practice, Practice - When I was a kid, my Mom decided she wanted me to play the Piano. I was forced to attend weekly lessons and then asked to practice 15 minutes per day between lessons. This was extraordinarily embarrassing for the sport-enthusiast boy that I was and so I vowed not to practice. Well, for two years I went to every Piano lesson because I was forced to but rarely if ever practiced because I was only asked to. Over 100 lessons and nearly $3000 later my Mom gave up. In spite of the many lessons I attended, because I never practiced, I was never able to play the Piano. So it is with Forex (or anything for that matter). Learn EVERYTHING you can about Forex and then practice what you learn. One of the great things about Forex is that anyone, free of charge, can open Demo trading accounts and practice. Practice your trading system. Practice money management techniques. Practice order entry and exit techniques. Practice until you are profitable. Practice until you are ready.
3) Do NOT over leverage - Never risk more than a couple percent of your total account size. I personally rarely risk more than 2% of my total account and usually risk less than 1%. One pitfall many ambitious Forex traders fall into is the urge to "go big". They want to trade for a living but only have $5000 to start. So instead of being smart and trading that $5000 until it has grown big enough to where their monthly profits are sufficient to go full-time, they take huge risks per trade starting out in hopes of hitting it big upfront. In Forex, the tortoise ALWAYS beats the hare. Don't over leverage your account.
4) Master the art of Emotion-Free Trading - You do not become a disciplined trader overnight. Emotion-free trading/investing requires confidence, persistence, practice, and constant learning. Do not go full-time until you are a master of Emotion-Free trading.
5) Develop a plan and stick with it - Your trade plan is your road map to Forex success. Build your own Forex Trading System, learn it, practice it, and then stick with it. Your plan WILL lose and it WILL win. Do not give up after a couple losses and never go live until you are completely confident in your plan. Do not go full-time until you have a trading plan that you are confident can last for the long-term.
Echo FX prides itself on being an experienced, honest, disciplined, and emotion-free Forex Account Manager and quality Forex Trading Education provider. For more information about the company, their Managed Forex Account Programs, or Forex Education Solutions - visit http://www.echocurrency.com Forex Managed Account and http://www.AcademyofForex.com (Forex Education).

Thursday, 1 March 2012

Currency Exchange Trading - Understand These Key Points Before Trading Or Lose Your Money!

If you want to engage in currency exchange trading, you are probably aware that 95% of traders lose. They don't lose because they can't win but because they make fatal errors and there enclosed - you need to avoid them at all costs...
1. The Myth of the Forex Expert Advisor
Anyone can claim to be a forex expert advisor and many do, in fact the vast majority who claim there experts and can lead you to success will lead you to disaster. They present back tested simulations, as evidence of their skills but there nothing of the sort. All they prove is they can make a profit in hindsight whereas a child could do that.
You will see lots of forex robots and systems, all with simulations that have ever made money real time with hyped copy - pass them by! The only person who can give you success in forex trading is you and this requires learning and applying skills.
2. You Need to Lose to Win
Most traders are simply unprepared to lose but you must lose to win. The fact is even the best trading systems will lose for weeks on end and you must trade with discipline, through these periods until you hit a home run.
Don't believe anyone who tells you that you can earn a regular income or drawdowns can be avoided they can't. Sure you can win longer term and make a lot of money - but you must be prepared to lose in the short term.
3. Trade the Truth
To win you need to trade the reality of price change and forget about predicting the market. If you predict your hoping or guessing and that will lead you to a wipe out of equity.
Markets are an odds game - nothing more. You cannot trade with the certainty of knowing what will happen next, that's why you should trade the reality of price on a forex chart and not predict - that way you have the odds on your side and will win longer term.
4. The Simpler the Better
You don't need to work hard you need to work smart and that means a simple trading system - not a complicated one!
Currency trading exchange is simple, yet most traders think the harder they try and the clever their system, the more they will make - but your not judged on hard work or being clever, your judged on the money your trading signal makes and that's it.
Simple systems are more robust than complicated ones with fewer elements to break and that's why you should keep it simple.
5. Know Your Trading Edge
Most traders don't think about this but of course you need a trading edge and that is the reason your system will win when most others fail. A trading edge is something you understand, have confidence in and can apply with discipline. You need to have the right forex education and the mindset to apply it and I you do currency trading success can be yours.
Anyone can succeed at currency exchange trading and the difference between winners and losers is simply mindset. The forex trader is not beaten by the market, he is beaten by himself.
So if you want to win and enjoy currency trading success, get the right forex education, work smart and trade with a disciplined mindset and you could enter the elite 5% of forex traders, who make big consistent gains.
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Currency Speculations Versus Forex Trading

Forex trading is the trading of currencies and it is a very rapidly changing market. Currencies change on a daily basis and can make substantial gains or losses within minutes. In such a market speculation is a key decision making factor, one would think. However, when it comes to currency speculations versus Forex trading it does not make sense to just guess, even though it is impossible to say anything for sure.
When it comes to the question of currency speculations versus Forex trading, then Forex trading will win anytime, but only if coupled together with analysis and careful planning. Speculation does not do traders any good, because if there is no basis for your theory then it will also probably not happen that way. The only real way to determine with a bit of certainty how a particular currency will act during the next day or even week is to take a close look at the past behavior. The best way to do this is to look at charts that show daily changes for any amount of time, but a month is the least what is needed.
Currency speculations versus Forex trading also can create problems when a trader decides to ignore real facts and listen to gossip. There are many journalists or traders who like talking about theories and say things that they don't know for sure. These rumors should be ignored, because listening to them and basing decisions on them is an investment sure to fail. A good example would be to hear rumors about a currency hitting its peak and then to trade accordingly. However, if that does not happen but the opposite does, then you have not only lost money but lost a chance.
You will often hear that trading is not an emotional matter, but when it comes to currency it can be. No one agrees if their hard earned money goes in vein... Many people and companies around the world act by their feelings and if they are hurt for some reason, it will affect the whole economy and that includes the used currency.
Dr. Joshua Geralds is a successful Investment Specialist with over twenty years experience increasing the income of people world wide. Visit http://www.pipsalot.com to learn how to make steady profits through safe trading.

Forex Trading Software & You - A Match Made in Heaven Or Road to Divorce?

"A couple of months ago John had an idea on how to make money and hopefully say goodbye to the boss one day. He'd discovered that he could get involved in Forex Trading, and had read many web pages telling him that he could make hundreds of thousands of dollars with ease.
He had some spare money to use, so he went and purchased Forex trading software and then got a live trading account. The system was easy to setup and with minimal intervention he set up the system to what he thought was required and then let it run.
By the end of week 1 he'd made quite a tidy profit. In week 2 things were a little flat but he came out on top. In week 3 somewhere went astray and he lost all of the money he'd made in week 1. In week 4 he put some more money into the market but lost that as well. By week 5 John was at a total loss to explain what had happened, had managed to lose all his hard earned savings, and was facing many arguments with his wife as they struggled to pay bills."
The above story is fictional, but sadly, totally plausible. There are a number of people rushing into Forex Trading who forget that the market can be like an unhappy relationship that keeps costing you money.
Although online currency trading software does make life a lot easier, like any investment there is an element of risk involved. In particular, the Forex currency market moves fast and it is easy to lose money quickly if you are lacking awareness of what is happening in the market. Often all people like John need is some additional guidance. For example, there are some days when it is better to stay out of the market completely due to unpredictability. There are also other indicators about where a currency pair is likely to head -- for example, something as simple as a change in the price of oil can easily influence the USD price. What people like John need is an opportunity to pick up on this knowledge, and by doing so they can ensure that the profitable trades outnumber the non-profitable trades. A little bit of extra money invested upfront in a system that delivered these options is likely to have a huge impact on John's Forex trading profitability -- and likely to make his relationship happier too.
Thankfully picking up on this knowledge is now easy via The Forex Brotherhood. It's Forex trading for people who are serious about Forex trading. Twice daily live market updates and reports, online support forums, and the guidance of a 20 year foreign currency trading veteran who is determined to assist each of his clients in maximizing their Forex profits. Find out more here - http://forex-trading-systems-4-you.com/forexbrotherhood

Achieving Huge Profits in Foreign Exchange Trading

Foreign exchange trading (also called Forex trading, for short) is a very popular means by which people can trade on currency pairs. Different than stock trading, foreign exchange trading deals with currency pairs; you place trades based upon the assumption that one currency in your pair is going to do better than the other currency in your pair.
The foreign exchange market is the largest in the world and operates 24 hours a day, six days a week. Because it operates globally, you can place trades that literally anytime of the day or night, whenever you choose. The Internet has made Forex trading a very popular and sometimes lucrative pastime for many people. And in fact, some people have even made it their full-time occupations.
If you want to be successful in foreign exchange trading, you have to do a number of things to get started. First of all, you have to learn the Forex market, inside and out. How do you do this? The best way may be to simply get hands-on practice. In fact, this can be free to do so. Simply research a number of Forex brokers and choose the best one for you. The Forex broker you choose likely has something called "demo trading." Demo trades are trades that beginning Forex traders can use to practice Forex trading before they risk their own money.
As you participate in demo trades, you'll also need to be learning other ins and outs of the market. Among the skills you have to learn will be technical and fundamental analysis. Technical analysis is the means by which you analyze and then predict how a particular currency is going to do based upon past behavior. For example, if a particular currency has been doing well and has been for some time, it's likely that it's going to continue to do so for at least the short-term. You'll need to keep abreast of any changes and be able to make snap decisions based upon those changes in the event you should have to get out of that particular trade.
Fundamental analysis predicts how well a particular currency is going to do based upon its country's social, economic and political stability. Again, as examples, if a country is very stable in these three areas, and its currency is likely also going to be strong. If the country, on the other hand is very unstable in any of these three areas, its currency is not going to be as stable or as strong. Therefore, strong currencies are likely to have strong countries, in essence.
Now, with foreign exchange trading, there is a lot of data to keep track of, and you have new data coming in all the time. There is Forex software available that can help you keep track of your data and be able to analyze it "in a glance" once you know what you're doing, even as it changes rapidly. There are programs available both through Forex brokers (sometimes for free to their clients) and there are also independent programs you can buy. Read reviews and choose carefully if you do decide to use a software program. Nonetheless, be aware that you will still need to know how to read and analyze the data independently in order to use the foreign exchange software. You should not rely exclusively on the software to tell you what trades should be made.
Your best advice however is to use Forex trading software that is NOT provided by the Forex broker. Why? Because just about everyone who uses that broker will be using the same software, and therefore likely to be making the same trade decisions, which will dilute your profits. You are much further ahead to use a very capable Forex software package that will likely not make the same trading recommendations as the software from your broker, which can then maximize your trade profits.
Foreign exchange trading gives you the means to make some pretty decent money once you know what you're doing, and in fact, some people make very good livings just by engaging in Forex trading and nothing else. That said, you're going to have the psychological and technical skills to be successful. Don't engage in real money trades until you know what you're doing. And never risk money you can't afford to lose; even successful Forex traders lose money sometimes, and you will, too. With that said, though, foreign exchange trading can be a very lucrative pastime or even full-time profession, if you find it exciting and challenging.
For more insights and additional information about Foreign Exchange Trading as well as reading review of three of the most popular and successful Forex trading software programs, please visit our web site at http://www.forexcurrencysystems.com

Wednesday, 29 February 2012

Forex Automated Trading Systems - Real Or Scam?

Forex trading has become very popular over the last years. More and more people join this market in order to profit and perhaps even make a living from trading. However, in order to make a good profit out of this market, traders must get a trading system. Some traders develop their own systems based on their experience. Others, with less experience, are tempted to purchase systems from other traders who sell them.
Unfortunately, some of these pre-made trading systems are complete scams. Their whole purpose is to make a quick profit and disappear with the money. These trading systems have given a bad name for the entire industry, staining even the working and scam free systems. There are some very easy ways to detect a scam system, and most of them do not even require getting it first.
The first thing scam systems do not offer is technical support. When someone tries to scam others, he is not going to offer any kind of technical support. If a system provider also gives what appears as good technical support, there is a very small risk the system is a scam. No one will devote so much work to scam people.
Proof is also very important. It does not matter which proof. Some people like to display earnings of themselves and other users. Some system providers also give real time view of their system's performance. All of this is extremely important to make sure the system works. There can be people who fake images and earnings, but if there are also testimonials with links or any contact information, you can ask them about the system. Those people will not lie to you about the system.
Popularity is also a major indicator of a good trading system. There is one simple logic on scams: they do not last long. Your best shot is going on one of the popular trading systems. However, if you encounter a newer system, measure it according to the other rules, technical support and proof. This will nearly guarantee a good system.
You can get scam free systems easily, without worries. Visit the forex area of Great-Info-Products.com and pick yourself an automated forex trading system
About the author:
Nadav Snir is a stock market trader and forex trader. You can find more information about forex trading and forex brokers at his site at http://Great-Info-Products.com/Forex/index.html
Forex Automated Trading Systems - Real Or Scam?

A Review of Forex Assassin - A Software Based Currency Trading System

Product Description
The Forex Assassin is based on following the four steps below.
Step 1: Each Saturday you extract exact prices from the market.
Step 2: You take those numbers and plug them to the Forex Assassin formula.
Step 3: The formula immediately calculates out exact entry, take profit and stop loss prices.
Step 4: You set the orders with your broker. The software was developed on the following premise; "that the most successful and easy to implement Forex systems are the ones that are the easiest to trade and are 100% mechanical."
Product Key Points
1) It is a 'price driven' system. In other words, uses absolutely NO indicators whatsoever.
2) Can be used by even the most inexperienced traders. The system is so easy to use that even if you have never traded Forex before you will be on your way in less than 5 minutes.
3) Has been proven to generate as much as $800 from a single trade.
4) Over 1500 Forex traders have already taken the class and learned formula.
5) It is an easy to implement Forex systems and is 100% mechanical.
6) The simple formula is a reflection of what the developer has learned throughout a long period of trial and error.
Product Review
This a Formula based software ingenuous programmed requiring you to enter data in a specific section of the software and is rated as a Low Top Tier Product. The Forex Assassin made consistently profitable trades during testing. The core reasons it did not receive a higher rating was it depends on you entering the data yourself, which of course could possibly lead to human error. The final rating was calculated at 8.5 out of 10. Under normal circumstances an 8.5 does not make our Top 10 list, but the Forex Assassin did because of its profit ratios per trade were at the high end of the range. In the future, if an upgrade of the software is introduced which does not require human intervention this product should see a significant jump in its rating level.
William R. Alheim, Jr., CPA, MA - We have researched 100's of Systems and only listed our TOP 10 SYSTEMS and we threw out the rest so you don't have too.
You can also visit http://www.tradingforexreviews.com/ to learn more about Forex Brokerage Firms, Software Systems and Educational Courses. Good Luck! I look forward to seeing you on the trading floor making money!

Currency Option Trading For Beginners

For beginners, it is ideal to start with a currency trading platform. It gives you stock trading options. The software trading application provides you with a much easier guide. This makes it handy for beginners, making it a good learning tool to start with.
You can now transact business in the comforts of your own home. You will not have to worry about making a first timer mistake because the program has a built-in trial trading feature. It gives you an option to practice and get used to the program, without losing any money. When you are confident of your trading strategies, you can now start the application and perform trade.
Beginners can really benefit from forex trading. It has a technical analysis tool that helps you in your decision making.The forex platform is the most convenient way for small time entrepreneurs to trade with.
It has a technical analysis tool, which gives you updates and interpretation of the movements, in the volatile market. The analysis tool helps beginners make the best marketing decision. This provides beginners with an informed decision for their trading needs.
The various features of the software make currency trading profitable. You do not need to be an expert in order to anticipate changes in the market. The technical analysis tool provides you the essential things you need. You can now be able to predict the flow of the market. This gives you a heads up to make the necessary changes needed in your marketing strategy.
I personally started out with this remarkable and easy to use automated trading software named Forex-Brotherhood. And amazingly, it made my work so simpler and make my Forex trading so hassle free that now I Literally earn money on auto pilot after 1-2 months of set up. Click here to read more reviews about this and other great forex trading software - http://revenueboosterz.com/forexsoftwarereview.html
To know more about Currency option trading click here CURRENCY OPTION TRADING

Understanding the Risks in Forex Trading

Forex: To trade or not to trade? Many are reluctant to associate with Forex trading because of its risks. Generally speaking, there are risks everywhere in our lives: May factories fails, not a customer May appointment if you open a store, stock market May crush, and if you are an employee, you get fired May undertaken during reduction. There are risks everywhere! The important question here is how you learn and maintain your own risk. So if you plan to participate in the Forex market, you have to learn risk management, instead of being terrified.
Picking Up the forex dealer right
One of the best ways to avoid unnecessary risks is to avoid fraud dealer.
Forex is a special market operations without centralized. Thus, unlike regulated futures, there is no central Forex market for buyers or sellers, therefore the price offered by different dealers Forex May vary widely. When you're negotiating Forex market, you are totally relying on the integrity of the concessionaire for fair treatment.
Besides, you must select a right Forex dealer to avoid scams. It May be Forex dealers who are not legally regulated and perhaps investment scams, especially on the Internet. Be very careful about who you're dealing with Forex and always check carefully on investment offers.
Stop order
The Forex market can move against you. No one can predict with certainty how the exchange rate will, and the Forex market is volatile. The fluctuations in the exchange rate between the time you place the trade and when you try to liquidate it will affect the price of your contract Forex and the potential profits and losses thereof. To avoid losing all your investment capital, you must have a pre-arrangement on your risk profile. A solid risk profile is limited forex dealer not to exceed the risk that you can not handle. For example, if you have 100000 to invest, you can say you're willing to risk 10000 of this capital with the possibility of winning another 100000. This can be easily implemented by a fund manager so that your losses can be limited to 10% or 5% of capital invested.
Avoid excessive margin trading
Another way to manage your risks well Forex market is trade without overleveraged. Forex dealers offer high leverage* which in turn allows clients to trade more volume. Also, trade highly leveraged in May to increase your profit or your loss. It is high possibilities that are losing money more than he or she can afford a room for negotiation.
Forex can be extremely beneficial to a variety of people. It gives enormous leverage* rate, it gives incompatible liquidity of your money it gives to facilitate commerce on the Internet, and it can certainly give you a lot of money if you trade intelligently. Like any other business trade, if you're new, the best advice you can get is to learn and practise more before you test your "wings". Seminars, e-books, Internet, documents, video courses - all these are good for your loan. You can also test your skills on the free demonstration. After all, Forex trades 24 hours a day and it is always to make money on the market, so why not be patient until you're quite ready for it?
The diversification in Forex trading
Diversification is another way to manage risks in Forex market. Trading a currency pair will generate little input signals. If you want to reduce your risk of Forex market, it would be better to diversify your transactions between different currencies.
Try trade at the same time on different pair of currency. Say you have a capital of $ 1000, instead of putting all your money in the long EUR / USD, you can split the money half long EUR / USD and GBD / USD ($ 500 each) that these two currencies are strongly correlated and tends to move in the same direction.
Conclusion
It goes without saying that knowledge is another key to managing your risk. Before arriving in Forex market, the best thing you should do is educate yourself. What drives the currency price trends? How to read data analysis? How to read indicators table? To find out details on how the currency price and how to trade foreign exchange in order to avoid unnecessary risks.
You come to this article probably because you are new to FOREX and the search for lectures on the Internet. To be frank, Forex can be very profitable but the risk is below is equally great. But what else in life does not present a risk? You can be fired from your job, a plant malfunction of May, stock market collapse of May, your boss May fugue with your salary, and hey! These are all risks. Learning in risk management is the key to managing your life.
Commerce intelligently, and get the maximum Forex - good luck!
* Without proper risk management, this high degree of leverage can lead to large losses as well as gains.
http://www.autotradingfx.com
http://www.autotradingfx.com/articles/understanding-risks-forex-trading

Tips For Currency Trading Online

I'm here to share with you some of my tips for currency trading online. This is a great business to get into where you can make a nice second income from your home. With the US economy heading closer to a recession, it is becoming more apparent for people to make more money and this is a great gas free way.
  • Avoid Tiny Margins: When starting out, it is almost second nature to start small. You make small trades for small profits and this is your way of learning. That is fair, but you have to understand that there is a distortion to how well you're doing. When you have tiny margins, you often get the perception that you're losing. The reason is that you have to pay your broker and what you'll notice is that tiny margins mean your broker ends up consuming 50% of your profit. This means your profit is a lot less than it would be, if you have a large trade. Also your bad trades that lose, get bigger because you have to pay the broker. Be aware of what is going on, so you can better understand if you're doing good or not.
  • Margin Trading: This is an interesting concept. You deposit money into your broker account and your broker allows you to trade 10-100 times more money than you put in. This isn't free money, but a way to leverage your profits. If you deposited $100, you can now trade up to $10,000. There is much more profit to be made at that amount and more profit for your broker. Once your losses get close to $100, your broker will cut you off.
  • Software: All professionals have tools for their particular job, and the same is true for currency traders. you should get your hands on Forex Killer because it offers you an automation feature that makes trading a lot easier and more profitable.
The automated software of Forex Killer will give you an immediate edge in the market. Make trades that work for your profit line. For more information on the Forex Killer software, check out Forex Charting Software.

Forex Trading - Make Money With It

The foreign exchange market or the Forex market is by far the fastest developing market of its kind in the world. There are several market sectors involved in Forex trading such as the banks, individuals, corporations, and governments in addition to other institutions that exercise a major influence on world economy. Apart from these, several individuals also are integral parts of the Forex market. There are however, several people who do not have sufficient knowledge regarding what goes in Forex trading and how to make the most of it. Once that is done, this market can be one of the best possible ways to earn some good amount of money.
Researches show that the market trades up to $1.9 trillion daily, and this goes on to make it the largest trading world market. The market has its tentacles all over the world. Hence, one can get unlimited scopes to trade. The market is open all through the day, and you can see buyers and sellers constantly engaged in trading. The most interesting thing is that the market is not stuck to a particular place like Wall Street or Tokyo or Russia.
The way of trading is simple. All you need is an internet connection and telephone to communicate, and no one else is involved to keep an eye on you, much like the Exchange Commission. Some Forex trading mechanisms also work against the traditional rules. If you belong to the club where people want to earn a bit more than what ordinary people think of, the Forex trading market seems the ideal platform for you. However, if you are a newcomer in this business, you need to gather proper knowledge before getting into the deep. Here are some tips that would help you get the best from Forex trading.
First, you need to have a basic idea of Forex trading, and the benefits that are on the offing. There are certain technical terms included in forex that you must know. You have to know the ways of introducing tools and several software applications in Forex trading. As a newbie in this market, you should be aware of the tactics on making money from this global market. Make yourself able enough to understand the trading system, as you must know the exact moment for trading and where to stop. Therefore, you need to be educated properly while entering this market. Else, there are always the possibilities of unexpected downfalls and associated risks. It is quite natural that you do not want see yourself at the wrong end of affairs. It is therefore better to get yourself well acquainted with the state of affairs. Besides, patience, discipline, the power of handling any situation, planning power, ability of keeping your cool under pressure, etc. are crucial elements to succeed in this trade system.
To read more about a recommened money making Forex trading software, click here: ForexKiller Reviews.
John Drummond works from home. He writes often on business, trading, and finances. There is more than one forex trading software. To read John Drummond's review of the 2 best ones, click here: Automatic Forex Trading Software.

Forex Avenger Review - Learning to Trade Forex

Do you want to know if the Forex Avenger system really works, or is it another useless currency trading system? Forex trading can be a very lucrative and profitable way of making money due to its highly leveraged nature, but has also destroyed greedy and uneducated traders and cause them to lose their entire trading capital overnight. This article will give you an idea of how this system works and whether it can really make money consistently.
1. Does The Forex Avenger System Really Work?
This system is created by professional trader Dave Curran, who has spent more than 8 years testing, tweaking and perfecting its performance. Because of the massive size of the Forex market (with trillions of dollars being exchanged daily between banks and large financial institutions), he sees no reason why he cannot share his profitable trading system with private investors like you and me.
After testing Forex Avenger on a demo account, I have managed to achieve a winning trade percentage of around 80%, which is very close to the figure that its website states. I have found it incredibly consistent compared to other trading systems that I have tested before. The winning trades always seem to start and end in similar fashion.
2. Why Use The Forex Avenger System?
If you want to take advantage and make money from the trillion dollar Forex market, you need to ensure that you get a profitable trading system and equip yourselves with the right knowledge. The Forex Avenger trading course has given me the exact rules to follow to make a regular income on the currency market. And since this system does not require any prior knowledge from the trader, anyone who is interested to trade Forex can use this system.
Is Forex Avenger a scam? Visit http://www.top-review.org/forexavenger.htm to read a FREE report about this Forex System!

Monday, 27 February 2012

Forex Trading - Predicting Forex Prices in Advance For Greater Profits

The aim of many new forex traders is to predict market movement in advance and get better market timing and therefore increased profits. Let's look at how to make money predicting forex prices.
You can win at forex trading but keep one point in mind - you wont do it predicting forex prices because this is simply another word for hoping and guessing and you don't get rewarded for that and your predictions will end up as accurate as your horoscope.
You will here many people say you can predict and they have a scientific theory well if they did they wouldn't sell it to you so forget all the far out theories like Elliot wave and Fibonacci and see forex markets for what they are an odds based game where you need to trade the truth.
I was a newsletter once called trade the truth and the name stuck with me and simply means, trade the reality and what you see on a froex chart, not what you think it might be.
By trading the reality, you will get the odds on your side and a simple way to do this is with a breakout system.
With a forex trading system based on breakouts, you simply execute your trading signals on breaks of chart market highs or lows and its fact most major trends start from these.
Don't try to buy low or sell high or look for perfect market timing you will be predicting again and will lose.
Anyone can use breakouts and make money. The methodology is easy to understand, easy to learn and if you base your forex trading strategy on it you will be trading the truth and will have the odds on your side.
Sure you wont buy market tops and bottoms but you can't do this anyway so don't try!
The real aim of forex trading is to make money, so learn to trade the breakouts and you can be making big profits in 30 minutes, or less per day and enjoying forex 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 how to Win at Forex visit our website at: http://www.learncurrencytradingonline.com.

Currency Market Trading

Currency market trading is quite an old business for people to participate in, but has become quite popular in recent years due to the internet. This market, only a decade ago, was dominated by large banks and firms. Today, individuals from the comfort of their own home can participate and make good profits in this market with very little to start up with. This isn't a place to get rich quick. I've seen plenty of people lose a fortune worth of money because they assumed it would be easy. I'm going to share some things I've learned over the years that have really helped me out in this market.
If you're new to this market, you were probably told that it is a 24hr a day market. This is pretty exciting for a lot of people because it opens the door to trading anytime they really want. The problem is that there are times that are more profitable than others. If you look at high volume times (typical during business hours), there is a lot of trading going on, but this causes a very stable equilibrium of price. If you look at low volume times (late in the evening), there is very little trading going on, which causes a weak equilibrium of the price. Any odd trade could cause massive shifts in the price.
That is why it is important to have automated software. Sometimes trades can't trade during regular business hours. I know when I started out, I had a regular job, which was during business hours. I picked up some automation software that would make profitable trades on its own while I was at work. It was great to come home to a trading account with extra money in it.
The 10 Minute Forex Wealth Builder is an excellent automated software tool for trading. It is ideal for the people out there that still have a regular day job.
Check out the 10 Minute Forex Wealth Builder Review.

Saturday, 25 February 2012

Forex Training For the Elite!

Forex training is incomplete without the mention of two of the most important tools in the belt of the currency investor. Those tools are: Using technical analysis properly. Surprisingly, few Forex traders even know what the 10 most popular technical indicators are and fewer still know how to use any of them. I am not going to go as far as to say that they are the Holy Grail of Forex trading but I will say that they can vastly improve your trading results - if used properly!
So when it comes to Forex training, what are the best technical indicators? Well, that is a question that is open to much debate. In a short answer, I would say that the two best are the ones that you are most comfortable with, know how to use properly and compliment each other.
First, you need to be comfortable using these tools of measurement. If you are intimated or hold to the belief that they are only for the trading elite then your lack of confidence will play out and the indicators will only hurt you. Get familiar with them and use them in a demo account until you are ready because once you have confidence in the tools then they can really make a difference in your results.
Second, you must know how to use them properly. It will certainly cause you to lose money if you use indicators the wrong way. You can have all the confidence and not use them properly and it will not help you one bit, obviously.
Third, pick the right indicators to compliment each other. You do not want to use two lagging indicators for example. Do your homework and it will pay off in the long run.
Fourth and most importantly, get your hands on a good reliable Forex trading software program. This is probably the most often forsaken rule of Forex training. I have included a link below for an objective review of the leading software programs on the market.
Good trading ahead.
Make a Killing Trading Forex! Forex Winning Strategy is the place to visit.
Your One-Stop Shop for everything Forex! Scalping Forex is the place to visit.

Forex Trading Tip

Forex trading can be a dangerous activity for gamblers. There is a difference between a gambler and an investor. A gambler who trades has no qualms about over leveraging his/her account, going all in, possibly risking his/her entire account for a shot at doubling the account on one single trade. Many Forex brokerages have competitions between their members and whichever trader ends the trading month with the highest percentage gain to his/her account is deemed the winner. Immediately, the first day after the competition begins, you notice many traders' accounts are up as high as 300% or 400% just after one day of trading. These are the type who over leverage their accounts and risk everything on one trade. These are the ones who get very lucky on one trade. Then you have those who are at the very bottom of the list for percentage gain on day #1 of trading with a 100% loss to their account having lost all their capital on one trade. These are the traders who used the same strategy as those at the top of the list, yet they simply weren't as lucky.
To succeed over the long-term as a Forex trader, one must implement appropriate strategies and disciplines to protect your trading account. The first thing I am sure to be careful of when trading is to never risk more than 2% to 3% of my account balance on any single trade. The second thing I do is ensure that I leverage at 5:1 leverage. Depending on the trading system, 10:1 leverage is acceptable but never higher than this. The last thing I tend to do in any trade is to aim for at least double what my stop loss is as a profit target. Trading in this manner drastically reduces the chances of blowing out your account on one trade but allows you to stay in the game and continue to trade and experience steady, regular growth and compounding to your trading account. It also provides that you only need to win at least 50% of your trades to still have a profit. For me, these few trading techniques are the logical, intelligent way to trade any system you may be using.
I personally use a terrific trading system for swing trading called the G7. I purchased this e-book from James DeWet, a professional Forex trader, who markets and sells his e-book online. I began trading this system in March 2008. Using this system to trade the currency market I have experienced a 57% return on my account up to the end of July 2008, 5 months' time. I find the trading system very well-explained in his e-book. Daily reports and training videos are available on his website to assist with the learning curve using the system. If anyone is interested in trading currency for a living, this is a terrific system to use and where I have gained much of my trading knowledge from and, I feel, has assisted me in being a successful currency trader.
For forex analysis and other Forex related information, visit my blog at http://www.fxbuff.com
John Dixson
http://www.fxbuff.com

The Truth About Automated Forex Trading Systems

You have probably heard of Automated Forex Trading. The claims of a Forex computer program making you thousands each day without having to even lift a finger. Is it too good to be true? Does a system like this actually exist. The answer isn't as simple as 'Yes' or 'No' - the answer is "it depends". Ok, so "it depends" doesn't work for you. I get it. You want to know, what is the hype all about? Let me tell you.
When you see a company advertising an "Automated Forex Trading" system they are most likely advertising an "expert advisor". An "expert advisor" is a program, written by a Forex trader, to execute trades on the Metatrader Forex trade platform according to certain trade rules established by the trader.
Most traders use these "expert advisors" but to varying degrees. One of the partners in our group programs expert advisors for our company. We use our expert advisors to manage trade algorithms that require faster than human calculations. Some traders use them to manage 100% of their trading activity while others may only use them to enter trades or may not use them at all. These expert advisors provide a huge advantage by turning some of the more difficult aspects of trading over to a computer that can calculate and process much faster than a human ever could dream of.
There are problems with automated Forex trading though. The most obvious being that computers have glitches and technology is never perfect. Turning your hard earned money over to a computer to manage is a scary thought. Also, there can often exist bugs in the code of an expert advisor that can only be discovered by trading the program. If the person selling the expert advisor has not done sufficient testing to establish the problems you may be left with an expensive error.
The claim made by the promoters of automated trading systems that you never have to do anything other than "turn it on" is misleading and reckless to say the least. Forex markets are ALWAYS changing and a Forex Trading System that worked yesterday may require adjustments to be profitable today. Expert advisors have built in options to allow you to adjust these trade parameters to meet the changing markets. But what happens if the purchaser of an automated trading program doesn't understand what moves the Forex market or why a specific expert advisor works in the first place.
If you are considering buying an automated Forex trading program but have never traded Forex, DON'T. You will lose your money. However, if you understand what moves the Forex market and know how to trade on your own without a computer program - an automated Forex trading program can be a valuable tool in your trading arsenal.
Echo FX prides itself on being an experienced, honest, disciplined, and emotion-free Forex Account Manager and quality Forex Trading Education provider. For more information about the company, their Managed Forex Account Programs, or Forex Trading preparation solutions - visit http://www.echocurrency.com (Forex Managed Account) and http://www.AcademyofForex.com (Forex Education)

Thursday, 23 February 2012

Currency Trading Basics - Learn Them While Using an Expert Advisor

Currency trading, more often known today as forex, is growing exponentially every single day as perhaps the world's leading type of investment opportunity. There are several reasons why this market is so popular, but today I want to cover one of them.
This reason why people love currency trading so much is because unlike other types of investing, it can be put on total autopilot.
But how is this so? This is possible because of little, yet extremely complex and accurate bits of software called expert advisors. I personally use an expert advisor for my forex trading and see amazing results.
An expert advisor is programmed to trade under certain parameters and conditions that have been proven to be profitable. The advisor never strays from what it is programmed to do, this is what makes it so effective. Humans are very prone to error when trading because of emotions and greed, the expert advisor eliminates this.
There are quite a few expert advisors out there but only a few are actually legit and can trade consistently in profit. The one I use, and the one that is reviewed on my website, has been proven to trade right 90% of the time on a very consistent basis.
The makers have tested it, and I have personally tested it. It is truly an amazing piece of software. I didn't have any knowledge of currency trading basics when I started, and still ended up making good money.
Expert advisors are extremely easy to use and it is easy to learn the currency trading basics while using one. I recommend trying the EA on a demo account before using real live money. This is called doing a forward test.
Want to learn more about Forex Trading Expert Advisors and read about the Expert Advisor that I really use?
Click Here to visit my website!

Forex Day Trading Basics - Your Forex Success Is Based On Fundamentals!

Being a $2 trillion a year industry, many savvy investors and ordinary people alike want to try their hands on foreign currency exchange (forex) trading.
To succeed in this game, you need to arm yourself with knowledge because there are a lot of factors to consider when trading.
Your success is based on fundamentals. The more you know, the more money you will earn.
There are 4 kinds of forex trading setups. Each of them has its own pros and cons. The essential is determining which of these systems is the right one for the novice investor.
Let's have a quick overview about these four different trading systems.
1. Spot trading
The currency spot trading is the most popular forex setup, accounting for 37% of the total number of transactions in the industry.
2. Forward trading
If spot trading involves the trading of currencies deliverable within 2 days, forward trading involves the trading of currencies the delivery of which can be effectuated somewhere between 3 days to 3 years.
3. Future trading
We can say, for the sake of our lessons, that future currency trading is a combination of spot currency trading and forward currency trading.
4. Option trading
Indeed, options currency trading is a forex exchange system that involves options to purchase currencies at "preserved" prices.
As a beginner, always choose the easiest route. You may want to start with the currency spot trading model first.
Also, be sure to always trade in your demo account. Don't leave this account unless you are able to make significant profits several months in a raw.
This will ensure that you don't lose your hard earned money.
To learn more about the Forex Killer Software and sign up for the amazing Free Forex tips newsletter, visit: http://www.ForexTradingLandpro.com
Franck Silvestre is the owner of the Forex Trading System Software website.

Relationships Are Internet Currency

Build your reputation by helping others build theirs. (Anthony D'Angelo)
In today's global economy, we have the opportunity to impact, via the internet, people half the world away as well as those down the street. However, because of the multitude of messages we are subject to as a result of this media, distrust among consumers is more pervasive than ever.
How do we overcome this distrust to make the sale of ourselves or our product?
We foster relationships to build our online reputation. We work on relationships with visitors to our blogs, and relationships with customers at our websites. We stand behind our word, and behind our product. We become a trusted resource, a guide, a coach to encourage others trying to make a go of an online business, or a mentor to others already with a business online working to improve their lives.
We work on relationships with other online business owners, trading ideas and insights, promoting each other's website or product. We prove ourselves to be reliable and trustworthy. We look out for the interests of others as well as our own.
Once these relationships are solid, we can invest in them and spend them like currency. Confidence flows back and forth between such parties because each "trust account" has a positive balance. Credit in each account has been earned by value proven, promises kept, and deadlines met. The benefit of a good reputation cannot be understated, and is thought by some successful internet marketers to be the greatest asset their businesses have.
Glass, china, and reputation are easily cracked and never well-mended. (Proverb)
Ben Curtis has "Ben there, done that" and likes to help newbies avoid the pitfall of spending hundreds of dollars before making any! He is a firm believer in the importance and value of a good reputation. Ben has his favorite online mentors, people who have proved their worth, and he aspires to be able to give like they do. His website is packed with useful free reports and ebooks for sale at ridiculously reasonable prices. Other resources include low-cost web design, and a money making plan he calls a no-brainer that works even without a website. Find him at: http://www.bestebooksbuy.com
This article may be used freely provided the link to bestebooks is included.

Who Else Wants to Invest in Something Better Than Property Right Now?

Are you one of those investors who though your future was buttoned up nice and safe in property? Have you seen your capital growth massively eroded, and costs spirally out of control with higher interest rates, and a virtual starvation of mortgage funds for new or refinancing ventures?
OK, things will improve, but probably not for several years - so what do you do in the mean time? Now, with your property investment, you were probably looking at a capital growth of around 10% per annum on your property, with leverage on your mortgage of around 4:1. This would have mean that in an ideal situation, on a fully tenanted buy-to-let property, with a deposit of say $20,000 on a $100,000 property, you would be looking at an overall return on your $20,000 investment of $10,000 in the first year, or a 50% return.
In reality, with capital values falling, you may have made a capital loss already, and with mortgage rates on the increase, even your rental income may well have swung into negative figures. Burnt at both ends of the candle - not a particularly pleasant scenario...
So, what about an investment that has nothing directly to do with property, can offer leverage of 100:1 and perhaps even more, and a MONTHLY return of at least 10% or more on your capital? Interested, and want to know more...
Well, hold on to your hat - I am talking here about an investment opportunity that turns over $1.3 TRILLION every day, 24 hours a day! That opportunity is the FOREX market.
Now, it is possible to lose more on the FOREX than you may already have lost in property, but with proper money management and basic rules, your risks should be a lot lower than in property, but your gains are virtually infinite! If you look on the internet these days, you will see masses of information on Forex trading, which can be very daunting for the average investor -but bear in mind - I was also a property investor, and I have made the switch.These days, it is really easy to set up a Forex Broker account on the internet -totally free -with all sorts of helpful information to get you going. Also, most trading platforms will actually give you a Virtual Trading account of around $10,000 to $25,000, so you can 'play' with their money until you feel confident enough to start investing 'real' money.
Now, the thing is, Forex trading usually requires a massive mindset change,as nowhere in your life to date have you probably been exposed to a system where you could gain as much as you ever wanted, but could lose it just as easily. So, it is important that you take some time to look at what is on the marketplace, and look for the following guides:-
  • Do you get a free virtual account to get learning with.
  • Do you get offered free top quality training in whatever broker or trading system you choose.
  • Do you get offered free technical support
  • Do you get free (although probably limited) trading advice
  • Is there an on-line forum, or the ability to meet with fellow traders face to face on a regular basis
These are just a few of the main points to look out for when starting to investigate what is probably the greatest form of investment available today. Don't be put off by the old feeling that Forex traders are limited to big City Fat Cats, because nobody can get it right all of the time, but with a good set of rules to follow, you will never want to get back into property again.
Geoff Morris is an Internet Marketing Entrepreneur so is no stranger helping others on their way. His latest venture has been to set up a private Forex Trading Group in London. For a fre.e report on an introduction to Forex Trading, including details of his Forex activities in London (shortly with on-line conferencing), please click here. http://forexmastergroup.com

Automatic Forex Signals - Does Forex Really Make Easy Money?

Foreign Exchange market is rapidly growing every day! New traders are joining market every second. Many people already found their success with forex. And there are lots of reasons for it. Forex market is open for everyone 24/7 all over the world. This market is extremely saturated with money, currently more than 2$ billion are changing hands every day!
Sometimes it is very hard to start in forex, and many newbies start to use automatic forex signals service, which offers you to notify you (give signals) when to close or open your trades, thus leaving you in profit in most cases. In my opinion that is bad decision to jump in to forex without having at least basic knowledge, because people risk losing your money easily, hoping to gain profit this way. But don't be too harsh on such kind of services, they can actually help you to make MORE money by doing foreign exchange. Why not use such kind of advantage for yourself?
Does Forex Really Can Make Easy Money?
Don't hope you will jump in, run the program and will be millionaire tomorrow. This just does not work this way. You will need basic forex knowledge to make profit, even though everything is automatic. Usually, experienced traders always make more money (comparing to newbies) with such service, even though the program should work for everyone the same way. This is business, and everywhere, I mean everywhere you need to put effort to make money, though such kind of service definitely will help you with profiting in forex.
Personally I give a favor to Forex Tracer, which in my opinion is the best forex signal provider. You can get a free report on automatic forex signals and read my complete review of Forex Tracer on my website. To check it out just click this link http://www.automatedforex.info

Tuesday, 21 February 2012

The Importance Of Day Trading Margin In The Forex Market

The day trading margin is a common method in the forex market where traders buy and sell currencies as dollars, pounds, euros, yen and so on.
The profit possibility in this peculiar market is based on the fluctuation of the different currencies. This fluctuation is the consequence of from daily forecasts of the gross domestic product of the world nations and other factors that influence the value of a currency as the political stability, the inflation rates, official economic reports and the general economic conditions.
If the financial news regarding Europe are negative, for example, the foreign exchange traders will want to sell off their Euros because they fear the Euro is going to less value. When the Euro recovers, the same marketers will sell it for another currency, in order to make a profit.
All these currencies transactions are not literal, however, they are performed on margin, i.e. the buyer has not to pay all the sum he's buying but only the 1%. This is what is called "buying on margin" or "buying on leverage".
In the forex market you have to invest only $1000 to actually get $100,000. It's possible because the fluctuations of the major world currencies are less than 1% a day, so your investment normally covers the gains and losses.
This fact alone marks an important difference between the forex market and the stock exchange where the typical fluctuation can be as much as 10% in one day.
The basic lot for trading the forex is normally 100.000 units (remember, the traders has to pay only 1000 for this lot) and many foreign exchange brokers don't handle any lower sum.
However some firm allows to establish a day trading margin account with as little as $100. This solution is ideal for beginners traders because it offers a safe possibility to practice the currency trading market avoiding the risk of the standard trading account.
Forexyard, the leader in online currency trading, provides real-time execution, free forex charts and quotes, and 24 hour commission-free forex trading. When you decide to get a real money account you can establish a day trading margin account with as little as $100. Click here to check it out now!

Forex Education - The 3 X Major Reasons That Cause 95% of Traders to Lose

Anyone can learn to trade forex and win but the fact is 95% of traders lose because they either have the wrong mindset or get the wrong education and here are the major mistakes traders make which you must avoid, if you want to win...
1. Following Expert Advice
This includes the vast amount of junk online from ridiculous forex robots and sure fire systems which give promise untold riches for $100.00.
Sounds too good to be true?
Of course it is! Most of the so called experts have never traded and produce back tested track records on paper to support their systems! That's not the same as cold hard dollars, made NOT knowing the prices in the real world.
If you think a forex expert can unlock the door to financial freedom for you, you are going to be very disappointed.
Just like in any other area of life, you have to achieve success on your own - but for the effort involved, the rewards can be life changing.
2. Working to Hard
In point 1, we have covered the lazy traders who make no effort and on the other hand there is the trader who thinks if he is clever, or works hard, it guarantees success - it doesn't.
Forex trading success is all about working smart NOT hard - you don't get rewarded for working hard but being right.
It is my contention that once you have a system (and that should only take you a couple of weeks if you get the right forex education), you can make a triple digit income, working just 30 minutes a day.
3. Poor Money Management & Lack of Discipline
There are also a large group of traders who can get the direction of the market right - but fail to make money due to poor money management.
Money management is much more than placing a stop - it's learning how to trail it correctly to milk the trends and deal with volatility
Many traders make minor profits from trades when they could make huge profits.
Volatility constantly stops them out with small losses before the trend is in motion or they move their stop to quickly and only make a minor profit.
Also many traders simply cannot take losses but to succeed in forex trading you must have the confidence in your trading system, to do so and these periods can last for weeks or months.
You need to stay on course, until you hit a home run - if you cannot trade a system with discipline, you don't have one!
Most traders make the error of thinking the more leverage the better and you can get 200 or even 400:1 so why not use it? Well if you do on a small account its blow out time. You should really only be using 10 - 20:1 and believe me that's plenty.
Be Realistic and Win.
Forex trading is NOT a walk in the park and that's why 95% of traders lose. However, if you accept you need to work at the basics and do it on your own you're on the way to success.
The key point you need to understand is - the market doesn't beat the trader the trader beats himself.
You can win so get the right forex education and mindset and you're all set to get on the road to currency trading success.
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Trade Forex Successfully and Earn $7,000 Plus Weekly

Lets face it most beginners simply cannot dive in at the deep end, trade forex and hope to make a pile of money.
The key here is to do the right things from the beginning. If you have made up your mind that you want to get on the gravy train then start with the basics.
My considered advice for all beginners is to do the following in this order
1. Buy an automated robotic system.
2. Read everything you can about how to trade forex.
3. Spend a couple of weeks at simulated trading.
4. Start small and feel your way into the business.
Lets see why you need to do those four things.
1. You have made up your mind to give this a try. The best few dollars you will ever spend will be on the automated robotic system. The package comes with all the help you will ever need in the form of 24 hours support. Once you have bought that package you will have put your toe in the water, burnt your boats of procrastination so to speak and committed yourself to the task ahead. Buying the system will focus your mind on the task ahead.
2. Information and knowledge give you help and confidence. You don't want to spend your time stumbling in the dark. Put on the lights by learning all you can.
3. Trade Forex by using the simulated models supplied by the company who have sold you the automated system. This is essential to get the hands-on learning so necessary for confidence and skill building.
4. By starting small i.e. using small amounts of money for your trades you will get the feel for how to trade forex and your confidence will continue to grow as you succeed. As you begin to grow into the business you can consider using compounding and leveraging to make the huge profits that are there to be made.
Automated Forex trading will reap huge rewards. Act now. Go to http://www.forexaut.info
Richard Tyrell is an expert Forex trader who makes $7,000 per week plus. See http://www.forexaut.info for more.

How to Find a Good Forex Expert Advisor

If you have learnt how the Forex Market operates and are ready to invest your own money into the market but don't know which trading system to use then you may want to look into obtaining a Forex Expert Advisor. An expert advisor is a piece of software for the MetaTrader trading platform, which once installed; is designed to automatically trade the market for you. That doesn't mean you have to follow the system blindly, you could use it alongside your own system to increase profits or just learn a few things from it and create your own system. Nonetheless expert advisors can be completely automated and if used properly they can save you a lot of time, relive stress, and help you make some nice profits from Forex Trading.
However looking for a profitable expert advisor is no easy task and for a beginner its pretty easy to get confused and possibly even mugged out of your money by the many scammers out there, if you are not careful. The market for Forex trading systems is heavily saturated with expert advisors that make amazing claims and offer dream results, but most of these sites can never provide legitimate info to back up their claims. These sites usually contain over emphasized sales letters along with pictures of Ferrari's and mansions, they are pretty obvious to spot out and if you happen to encounter one of them, please do yourself a favor and stay well away from them.
Although with that being said there are a few legitimate expert advisors available on the market, that can make you money, and they are a great tool to have in your trading arsenal if used with proper money management techniques. All you need to do on your part is know how to find them and then pick which one is suited to your trading style and experience level. I have used a few of the top commercially available expert advisors on the market today and have traded them with some level of success. So I am going to let you in on a few essential things to look for and consider when looking for a profitable Forex expert advisor. It should help you differentiate the scammers from the real deal and hopefully help you make some good money off the Forex Market.
Factors To Consider When Looking For A Profitable Forex Expert Advisor
There are a few key things to look for when picking out a good Forex Expert Advisor and they are:
1. Always look for Forward test statements. Backtest statements and results are pretty much useless and can be easily forged so their no good. Forward testing is very important as it lets you know how the expert advisor will trade and react in different (LIVE) market conditions. Forward-testing is the major factor in your decision to purchase an expert advisor and in determining whether or not an expert advisor is reliable and profitable enough to trade with real money -- it's as close as you can get to seeing how the EA will perform in the live market.
2. Make sure the seller of The EA is the creator and an email contact is offered for any inquiries. Also the website and creator shouldn't hesitate to provide you with extra info on how the systems works and elaborate on its strategy without pushing for a sale.
3. Provide regular ongoing after sales support - this is absolutely essential as the Forex Market is continually evolving and all EA's need to be adjusted in order to adapt to market conditions. The creators are well aware of this fact therefore they are always upgrading their EA's to remain profitable, and they will offer their customers free lifetime updates. Also by offering after sales support it lets you know that the seller is serious about his business, and is committed and dedicated to helping his customers make money with his Trading Systems.
Therefore if you're looking for an expert advisor to automate your trading decisions then stick to the basic guidelines I have mentioned above. According to the info provided you should be able to give any expert advisor a thorough examination and in turn be able to find a good trading system that you can use for a long time to come which can help you make some easy money off the Forex Market.
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.

Exact Date of the Coming Stock Market Crash

Factors influencing the World Stock Markets
The world stock and financial markets react very noticeably to the configurations of the Sun with the large, outer planets, especially Jupiter, Saturn, Uranus and Neptune. One merely has to correlate these aspects for a few years, using an ephemeris, with a major index such as the Dow, to realise that this statement is true. Although Saturn/Uranus aspects show rough periods of the greatest fluctuations, I have found that, in particular, the diurnal aspects between the Sun and Jupiter are the best short-term indicators.
The markets generally experience growth leading into the trines, sextiles and conjunctions, and depress or even crash on the opposites (and occasionally the squares). I kept meticulous records of newspaper clippings of the world stock market movements during these "Sun/Jupiter" aspect dates between 1996 and 2001, and in almost every instance there was a noticeable general movement that was unmistakably caused by their interaction.
Download charts of the Dow for the past 20 years from the Internet (e.g. Dow 97-99 and Dow 89-99) and focus especially on the dates when there were sudden reversals. Note the expansion that occurs leading into the benevolent Sun/Jupiter aspect. Especially pay attention to the aspects the Sun makes to Saturn, Uranus and Neptune (and sometimes Pluto) immediately FOLLOWING the Sun/Jupiter aspect. If these are generally adverse, note how the Dow immediately depresses after these dates. If generally benefic, note how the expansion is sustained in the weeks following the Sun/Jupiter sextiles, trines and conjunctions.
Please note that this correspondence is normally noticeable if you are simply aware of the date of the opposition, square or of the beneficial aspects. It also seems to show up more clearly if you look at graphs of the 30-day moving averages of the various bourse indexes. I have also found that this technique holds a lot of merit when studying the Foreign Exchange markets. The Dollar price versus other currencies tends to follow the Dow Jones index. However, there is usually a lag or delayed reaction of about a week to a month or so. I think this has been noticed by many analysts before.
Overriding factors tend to follow that of traditional astrology. Several crashes have occurred when Jupiter opposes the Sun. The year in question is usually a 'jittery' year, as determined by Chinese astrology. These are mainly the years of the Cat, Rabbit and Rooster. In addition, the vacillating month of Libra (October) often adds to a bad configuration. The worst reactions occur in negative magnetic-pole (Yang) years, which are the odd years, for example, 1933, 1969, 1987, 1989, 2001, 2009...
For those who think the markets crashed in August, 1998, perhaps this was only the 'cream off the top'. The sharp drop in September 2001, sparked by the World Trade Tower attack would have made anyone following the Jupiter-Sun cycles a small fortune had they shorted the markets. The Sun sextiled Jupiter on the 2nd of September. The next aspects the Sun made were a square to Pluto on the 5th, a square to Saturn on the 7th and an inconjunct to Uranus on the 14th. As previously mentioned, the aspects made by the Sun following a Sun-Jupiter aspect usually determine the direction the markets take thereafter. In this case, they were all bad, and it would have been wise to have sold stocks near the Sun-Jupiter sextile and purchased put options to make money as it dropped during September.
It is interesting to note that the Saturn-Pluto opposition (in 'Air' and 'Fire' signs) around this time fell on the American Ascendant/Descendant line. On the day of the attack, Jupiter joined this configuration by inconjuncting Pluto. Neptune had moved exactly onto the American South Node, a very evil aspect, as it turned out to be. Alan Meece (in 'Horoscope for the New Millennium' - first printed in 1996) accurately described the events of this time. '... Conflicts such as those in Iran or the Balkans will probably come to a head in 2001. Continuing ethnic strife in Europe seems likely. .. but then comes the combative Saturn-Pluto opposition in the summer of 2001. Uncle Sam will be feeling righteous again in a big way, eager to show other nations the truth. Religious issues and trade embargoes will be involved. .. Turning points in the confrontations come near November 2 and December 22, 2001.(In hindsight: this was the day the Taliban surrendered) After the December date, the U.S. could suffer losses in a serious naval engagement. .. Danger to the president is shown, too. After October, 2002, the outlook for peace starts to improve.'
Looking ahead, one of the next big crash dates could possibly be Black Friday, 14th August, 2009. Here are the reasons, in order of importance. 1. Saturn within orb of opposing Uranus. 2. Lunar node in Aquarius (nadir of the down cycle - Louise McWhirter's theory). 3. Sun opposing Jupiter and Neptune. 4. Mars squaring Uranus.
Please note: Although you can almost certainly expect the markets to seriously deflate around this date, it is likely that the stock markets will generally not be a good place to be later on in this decade, as the Lunar node moves towards its nadir in Aquarius. However, by knowing when your own transits (and progressions) are good, you can still make money in any market, by going short or long. It is well known that you can often make money a lot faster in a falling market if you purchase put options or bonds at the correct time. You can get a very good indication of these times by following the basic rules discussed on this page. Summarised, they are:-
1. Purchase stocks (or the Dollar - note it lags behind the Dow) as the Sun starts moving within a 10-degree orb of a beneficial Sun-Jupiter aspect (trine, sextile or conjunction).
2. Sell around the date of the good aspect if the outer-planet aspects (to the Sun) following the beneficial Sun-Jupiter aspect are predominantly bad. If they are mostly good, hold on to your shares until roughly the date of the next Sun-Jupiter square or opposion.
3. Sell the markets short leading into the dates of the Sun-Jupiter squares and oppositions. They usually depress around these dates, sometimes dropping on the exact or next day.
4. A good rule-of-thumb is to expect a reversal of some degree on most Sun-Jupiter aspects.
5. Follow your progressions and transits to confirm that you are making your move at a beneficial time. If you don't have the time or interest to do this, simply use the Lucky Days program to time your actions. This alone will give you an excellent advantage, especially when used in conjunction with a good analytical or charting method.
If you plot the major market indexes against the Sun-Jupiter aspects for the past decade or more, will see how they generally and unmistakably correlate.
2007 example of how the Sun-Jupiter aspects affect the Dow.
The 10 degrees (days) before the exact aspect are shown in color.
View the planet positions for 2007
Update 9/9/2007: Global Market Selloff beginning a few days ago.
Recently the traffic to this particular page has surged to several thousand visitors a week. Here's hoping that some of you made some good money shorting the indexes this past week! (see the "square dates" below)
Update November 1, 2007:
Well, glad to see that the markets did not crash this October as some thought it might! On the contrary, the markets were good world-wide. If you have a look at the good dates below (Trines etc) you will see how well the concept worked. The aspects made by the Sun to the outer planets after the Sun-Jupiter sextile of 8 October were mostly favorable, indicating a buying opportunity from the end of August, 2007 until possibly around the date of the Sun and Jupiter conjunction on December 23, 2007.
Take note that the Pluto moves into Capricorn at the end of January, 2008, which will bring pressure on corporations and governments and will probably be the start of a recession in the US and other countries. Investors should be very cautious, many astrologers agree that we are in for a hard landing.
Update January 2, 2008:
Right on cue, the markets started dropping in the new year, after the Sun-Jupiter conjunction a week ago. This is actually getting quite boring. I just want to talk about why I don't think that the markets will crash this year, around Monday, October 6, 2008, even though quite a few of the planetary conditions that cause crashes will be in effect at that time. Primarily, Saturn will be forming its opposition with Uranus: hard Uranus-Saturn aspects have definitely caused crashes and slumps in the past. The Sun will be square to Jupiter. Mercury will be turning retrograde on September 24th. But the reason I don't think it will crash that week is because of the benevolent aspects both Venus and Jupiter will be making to each other and the Sun and Saturn at the same time. This indicates that it is likely that there will be a big scare in the global stock markets around the first week of October, 2008, but that governments (Saturn/Jupiter) will inject massive amounts of money into the markets that will buoy them up for a while longer. Also, it is an even year. I think they will drop about 10 percent, then recover again in preparation for the huge double-crashes of 2009 and 2011. That is why I still maintain that the first big crash will be around August 14, 2009.
For those who think they can bottom-fish and pile back into the markets after the crash (like they did in mid-1988), please consider the possibility of a double-crash extending over the next few years, namely 2009 and again in 2011. Pension-fund managers, please be careful. The skies are turning black.
Try following the effects of the Sun/Jupiter opposition each year. There is usually a remarkably visible effect on all of the major world stock markets.
Dates of the Sun-Jupiter Opposition each year (1970-2035). http://www.luckydays.tv/oppdates.html
List of the Sun-Jupiter Trines, Sextiles and Conjunctions (1997-2035). http://www.luckydays.tv/okdates.html

Monday, 20 February 2012

Principles of Any Investment Trading

There are many fundamentals of trading and any person interested in making money in this field should know them all before attempting to enter the market. The principles of these fundamentals are not too difficult for anyone to grasp, however, in order to implement them properly you will need to research trading possibilities and gather experience.
Since the decisions to trade a stock, commodity or foreign currency is based in available information, it is important to use all data that can be obtained about the trade in question. The first fundamental of the trading industry is the collection of information. Valuable information is something like the current financial situation of the company or even speculations about actions that could endanger the subject in question. Past data is also necessary in order to show any trends or cycles. Once the necessary information has been gathered, it must then be analyzed. Analysis is a fundamental of trading and has to be done. Information to analyze includes cycles, major events taking place and the stability of the company or material involved.
Once the analysis is finished, you must create projections based on your method of evaluation, such as investment or technical analysis. These predictions are based on logic, common sense and recurring or recent trends. Although nothing can be said for sure about trading, chances of making money are increased if the fundamentals are understood.
The fundamentals of trading are logical and based on sensible thinking. It takes time to fully understand them, but this understanding is also the key to success. If you are a novice in trading, then it's really essential to understand the tricky things that keep you tackling you and your trade business. While stepping into your trading business, you must understand several things and you must avoid Sniping and Hunting. Most of the stock brokers try attempting all these practice, as they will be benefited with increased profit.
If you really work passionate towards your goal, then there is no doubt for you to achieve the desired success. You can check with the forums online, as forum is the best place to share and get ideas from the public. They will dearly help you in find, who is the best, genuine broker. Following all the described method of practice will help you better for successful trading.
Dr. Joshua Geralds is a successful Investment Specialist with over twenty years experience increasing the income of people world wide. For a limited time get his free Money Management to a Million Dollars e-course here: http://www.pipsalot.com