Forex News

The following is a list of some of the popular and freely available forex news, analysis and commentary services.

Daily Commentary & Analysis

Daily News Sources

* Reuters
* Bloomberg
* CBS MarketWatch
* Financial Times
* Yahoo
* NewsNow
* Morgan Stanley
* Bank of New York Mellon
* CIBC World Markets
* HSBC Private Bank
* BNP Paribas
* RTT News
* BMO Nesbitt Burns
* Wachovia FX Market Pulse
* Daily Pfennig
* Daily FX
* ATNABTU
* UBS FX Strategy & Research
* Commerzbank
* Investica
* GFT Forex
* Moreover News
* The Bullion Desk

FX Research & Analysis

* The Bank of New York Mellon
* CIBC World Markets
* Mizuho Corporate Bank
* Scotia FX
* Daily FX
* BHF Bank
* Jyske Bank
* BMO Capital Markets
* Rabobank Research
* TRL
* FXMatters

Economic Calendars

* Forex Economic Calendars
* Global Economic Calendar - by Daily FX
* Weekly Economic Calendar - by GFT Forex
* Weekly Economic Calendar - by Forex Factory
* U.S. Economic Calendar - Briefing.com

Forex Tools

* Online Money Management Calculator
* Position Size Calculator
* Forex Bollinger Bands
* FX Market Hours Tool
* Historical FX & Interest Rate Trend Graphs
* Free Commitments of Traders Charts
* Daily Pivot Points
* Currency Correlations

Forex Basics

The following is an introduction to some basic terms, definitions and concepts used in forex trading. It is designed to be read in chronological order, starting with the most simplest terms and moving through to some more advanced terms used in the forex market, or you can click on any individual term if you want an explanation of a specific term.

Basics

Automatic Execution
Base Currency
Bid
Buy Quote
Counter Currency
Counterparty
Currency Pair
Currency Pair Terminology
Dealing Desk
Drawdown
ECN
Exchange Rate
FCM
Foreign Exchange
Foreign Exchange Market
ISO Currency Codes
Leverage
Lot
Manual Execution
Market Maker
Margin
Micro Account
Mini Account
NDD
Offer
Pip
Pip Value
Resistance
Rollover
Sell Quote
Slippage
Spot Market
Spread
Standard Account
Support
Terms Currency

Basic Order Types
GTC Order
Limit-Entry Order
Limit Order
Market Order
OCO Order
Stop-Entry Order
Stop-Loss Order
Basic Trade Types
Long Position
Short Position
Basic Trading Styles
Automated Trading
Carry Trading
Day Trading
Discretionary Trading
Fundamental Trading
News Trading
Position Trading
Range Trading
Scalping
Swing Trading
Technical Trading
Trend Trading

Forex Broker List

Forex ECN-type Brokers (No Dealing Desk)

* MB Trading - Rate MB Trading | Compare | MB Trading Reviews
* Dukascopy - Rate Dukascopy | Compare | Dukascopy Reviews
* Interactive Brokers - Rate Interactive Brokers | Interactive Brokers Reviews

MT4-to-ECN bridges available here

What is a Forex ECN?
No Dealing Desk Brokers

* FXCM - Rate FXCM | Compare | FXCM Reviews

What is a 'No Dealing Desk' Broker?
Forex Market Makers

* FX Solutions - Rate FX Solutions | FX Solutions Reviews
* GFT Forex - Rate GFT Forex | GFT Forex Reviews
* Oanda - Rate Oanda | Oanda Reviews

What is a Market Maker?
Forex MetaTrader Platforms

MetaTrader Programming: Do you need an EA or indicator programmed for MetaTrader? Click Here

* MB Trading - Rate MB Trading | Compare | MB Trading Reviews
* FXCM - Rate FXCM | Compare | FXCM Reviews
* Alpari - Rate Alpari | Alpari Reviews
* Forex.com - Rate Forex.com | Forex.com Reviews
* FXDD - Rate FXDD | FXDD Reviews
* Interbank FX - Rate Interbank FX | Interbank FX Reviews
* Mig Investments - Rate Mig Investments | Mig Investments Reviews
* ODL Securities - Rate ODL Securities | ODL Securities Reviews
* TradeView Forex - Rate TradeView Forex | TradeView Forex Reviews
* Velocity4x - Rate Velocity4x

MT4-to-ECN bridges available here

Note: These listings are provided for your convenience and do not represent an endorsement of any particular broker. Please do your own due diligence first before opening an account with a particular broker.

If you would like to add your firm to the list, click here

Related Links:

* Broker Guide
* Rate Your Broker
* Broker Ratings
* Broker Reviews

Forex Broker Guide

Introduction

The following is a list of questions you may like to consider before opening an account. You can use this checklist to narrow down your selection of companies that fit your requirements. You may also wish to refer to the forex broker ratings page on this site to read about traders unique experiences with particular brokers.

The following links will also give you some background information on U.S. FCM's (Futures Commission Merchants).

* Selected Financial Data for FCM's
* NFA Background Affiliation Status

1. Word of Mouth

* What do other traders say about the broker?
* What is their customer service like?

2. Customer Protection

* Is the broker regulated?
* What regulatory organisation are they registered with and what protections does it afford you?
* Are client funds insured against fraud?
* Are client funds insured against bankruptcy?

3. Execution

* What business model do they operate? i.e. Are they a Market Maker[?], ECN[?] or no-dealing desk broker[?]?
* How fast is their order execution?
* Are orders manually or automatically executed? [?]
* What is the maximum trade size before you have to request a quote?
* Are all clients trades offset?

4. Spread [?]

* How tight is the spread?
* Is it fixed or variable?

5. Slippage [?]

* How much slippage can be expected in normal and fast moving markets?

6. Margin [?]

* What is the margin requirement? e.g. 0.25% margin = max 400:1 leverage [?]), 0.5% margin = max 200:1 leverage, 1% margin = max 100:1 leverage, 2% margin = max 50:1 leverage, etc.
* Does the margin requirement change for different currency pairs or days of the week?
* At what point will the broker issue a margin call?
* Is it the same for standard and mini accounts? [?]

7. Commissions

* Do they charge commissions? (Most market makers' commissions are built into the spread)

8. Rollover Policy [?]

* Is there a minimum margin requirement in order to earn rollover interest?
* What are the swap rates like for going long or short in a particular currency pair?
* Are there any other conditions for earning rollover interest?

9. Trading Platform

* How intuitive and functional is it to use?
* Are there many disconnections during trading hours?
* How reliable is it during fast moving markets and news announcements?
* How many different currency pairs can you trade?
* Do they offer an Application Programming Interface (API) to allow you to automate your trading system?
* Does it offer any other special features? (e.g. One click dealing, trading from the chart, trailing stops, mobile trading etc.)

10. Trading Account

* What is the minimum balance required to open an account?
* What is the minimum trade size?
* Can you adjust the standard lot size traded? [?]
* Can you earn interest on the unused margin balance in your account?

Related Links:

* General Forex Guide
* Featured Forex Brokers
* Forex Broker Ratings
* Forex Broker Comparison
* Forex Broker List

Forex Brokers

Forex markets are the most liquid and accessible markets in the world. Forex trades do not involve commissions, but they do have what are known as spreads, which is the difference between the price a currency can be purchased and the price for which it can be sold at a given point in time. The webs's most complete Forex Broker listing, managed Forex accounts, institutional Forex accounts and much more - Forex News Search for a Broker by Product Offering, Name, Title using the search box below:. Make sure to check the spread of the forex broker as thats where they earn their money, read their terms of service carefully and check the services offered. FOREX brokers have many different trading platforms for their clients, just like brokers in other markets. Forex (FX) trades executed through Most Forex Broker are commission free. Foreign currency trading with us is simple, safe and open to every forex trader and investor.

Guaranteed fills on stop loss and limit orders

During FOREX.com's trading hours, all stop and limit orders up to $2 million are guaranteed to be filled at your price.

We understand that stop loss and limit orders are an important part of every trader's risk management strategy, and so we take this policy very seriously. This policy does not apply during major fundamental announcements, or outside FOREX.com's normal trading hours.

Advanced tools & research

As a FOREX.com client, you'll have access to a variety of resources and unique trading tools that can help you make more informed trading decisions.

• Full suite of daily and weekly forex research. Whether you're interested in fundamental analysis or technical trading methods, you'll have access to a wide variety of institutional-grade Forex market analysis as a FOREX.com client. And, tune in to our Weekly Market Call for timely trading ideas and analysis from Brian Dolan, our Chief Currency Strategist.
• ForexInsider streaming market commentary: Our exclusive FOREXInsider delivers actionable analysis of news, events and technical levels that impact currency prices, in real-time, to your trading platform. Updates are published as often as 20 times an hour, so that you can act instantly on new market intelligence.
• FOREXCharts by eSignal: Access eSignal's professional level charting package with over 30 analytical tools and indicators, a complete selection of drawing tools, and choice of real-time data feed. Preview FOREXCharts by eSignal.

Award-winning forex trading platform

We pioneered our signature "one-click" dealing in 2000 and have been nominated as Best Forex Brokerage by the readers of Technical Analysis of Stocks and Commodities for the past two years.

Our proprietary trading platform, FOREXTrader, successfully combines ease-of-use with remarkable flexibility. FOREXTrader offers a highly intuitive user interface, advanced customization features, and a full suite of professional charting and order management tools.

Take a closer look at FOREXTrader

Advanced tools & research

As a FOREX.com client, you'll have access to a variety of resources and unique trading tools that can help you make more informed trading decisions.

• Full suite of daily and weekly forex research. Whether you're interested in fundamental analysis or technical trading methods, you'll have access to a wide variety of institutional-grade Forex market analysis as a FOREX.com client. And, tune in to our Weekly Market Call for timely trading ideas and analysis from Brian Dolan, our Chief Currency Strategist.
• ForexInsider streaming market commentary: Our exclusive FOREXInsider delivers actionable analysis of news, events and technical levels that impact currency prices, in real-time, to your trading platform. Updates are published as often as 20 times an hour, so that you can act instantly on new market intelligence.
• FOREXCharts by eSignal: Access eSignal's professional level charting package with over 30 analytical tools and indicators, a complete selection of drawing tools, and choice of real-time data feed. Preview FOREXCharts by eSignal.


Guaranteed fills on stop loss and limit orders

During FOREX.com's trading hours, all stop and limit orders up to $2 million are guaranteed to be filled at your price.

We understand that stop loss and limit orders are an important part of every trader's risk management strategy, and so we take this policy very seriously. This policy does not apply during major fundamental announcements, or outside FOREX.com's normal trading hours.
Negative account balance protection

At FOREX.com, your risk is only limited to funds on deposit.

Our margin policy eliminates concerns about debit balances by guaranteeing that you will never owe more than you have in your account.

Support for automated (API) trade executions

For clients utilizing an algorithmic trading system or their own black box strategy, FOREXTrader supports fully automated trade execution via a standard FIX protocol or web-services API.

The API provides users with the ability to receive a real-time rate feed, submit trade requests, set and modify stop-loss and take-profit orders, and receive automated confirmations of trade activity. Developers can request access to a testing environment in order to test their systems in real time before using the API in a production environment.

Find out more about API trading.

Wireless trading and account access

As a FOREX.com client or registered practice account user, you can access the currency markets via virtually any Internet-enabled wireless device. Keep on top of the market from anywhere – you can view real-time forex quotes, news and commentary, and charts and set rate alerts. You can also monitor your open positions, leave orders, even buy and sell at the market.

There are no extra fees, and no special sign up. All you need is an Internet-enabled wireless device.

Learn more about FOREXTrader.wireless.
Trader education, mentoring services, and more

FOREX.com delivers hands-on forex training through a variety of educational programs and events. For traders just getting started in the Forex market, we offer one-on-one platform walkthroughs, online training courses, as well as live, introductory web-based seminars ("webinars").

Exclusive client-only events cover more in-depth trading techniques and strategies and include an interactive Q&A with our senior analysts and currency strategists.

As a FOREX.com client, you can also take advantage of our professional mentoring services. During your one-on-one consultations with a senior forex specialist, you can discuss the latest market research report, ask for a second opinion about your trading plan, or just bounce ideas around.

Flexible account types and leverage

» Standard accounts, with a default lot size of 100K and leverage+ of 100:1 (1%), are well suited for active forex traders.

» Mini accounts feature smaller, 10k contract sizes and leverage+ of up to 200:1. For traders new to the forex market, a mini account is a great way to get started trading in a live environment.

Fully automated click & deal trading

At FOREX.com, we've always automated processing for all click & deal forex trades. When you click BUY or SELL, our systems perform a margin check and, if accepted, immediately respond with a trade confirmation.

Why is this important to you? First, you benefit from an unbiased trading environment that is not subject to human intervention. Second, automated trade processing improves our efficiency, which lowers our overhead and allows us to pass along the saving to you in the form of tighter spreads.

commission-free

Trade currencies and spot gold at FOREX.com. Dealing spreads are as low as 1-2 pips on the most widely traded currency pairs. As always, you pay no commissions at FOREX.com, only the bid/offer spread. And with our fractional pips, you gain an extra digit of precision so that you can take advantage of smaller price movements.

Plus, you can enter orders at any price - even inside the spread - and trade around news events, major economic announcements and other times of high market volatility.

Forex candlestick chart patterns

This article provides insight into Candlestick patterns that can be extracted from Foreign exchange charts. A candlestick chart is a style of bar-chart used primarily to demonstrate price movements over a certain time period.

Doji
A name for candlesticks that provide information on their own and feature in a number of important patterns. Dojis form when the body of the candle is minimal as market's open and close are virtually equal.

Hammer
A price pattern in candlestick charting that occurs when the market trades significantly lower than its opening, but rallies later in the day to close either above or close to its opening price. This pattern forms a hammer-shaped candlestick.

Inverted hammer
A price pattern in candlestick charting that occurs when a security trades significantly higher after its opening, but gives up most of all of its intraday gain to close well off of its high. Gravestone - The market gaps open above the previous day's close in an uptrend. It rallies to a new high, then loses strength and closes near its low: a bearish change of momentum. Confirmation of the trend reversal would be an opening below the body of the Shooting Star on the next trading day. If the open and the close are identical, the indicator is considered a Gravestone Doji. The Gravestone Doji has a higher reliability associated with it than a Shooting Star.

Shooting star
A candlestick indicating a reversal. The previous day's candle has a very large body. On the day the shooting star occurs, the price (generally) opens higher than the previous day's close, then jumps well above the opening price during the day, but closes lower than the opening price.

Three white soldiers
Three white soldiers is a bullish reversal pattern that forms with three consecutive long white candlesticks. After a decline, the three white soldiers pattern signals a change in sentiment and reversal of trend from bearish to bullish. Further bullish confirmation is not required, but there is sometimes a test of support established by the reversal.

Three black crows
A bearish reversal pattern consisting of three consecutive black bodies where each day opens higher than the previous day's low, and closes near, but below, the previous low.

Technical Analysis

Technical analysis is a method of predicting price movements and future market trends by studying charts of past market action. Technical analysis is concerned with what has actually happened in the market, rather than what should happen and takes into account the price of instruments and the volume of trading, and creates charts from that data to use as the primary tool. One major advantage of technical analysis is that experienced analysts can follow many markets and market instruments simultaneously.

Technical analysis is built on three essential principles:

1. Market action discounts everything! This means that the actual price is a reflection of everything that is known to the market that could affect it, for example, supply and demand, political factors and market sentiment. However, the pure technical analyst is only concerned with price movements, not with the reasons for any changes.

2. Prices move in trends Technical analysis is used to identify patterns of market behavior that have long been recognized as significant. For many given patterns there is a high probability that they will produce the expected results. Also, there are recognized patterns that repeat themselves on a consistent basis.

3. History repeats itself Forex chart patterns have been recognized and categorized for over 100 years and the manner in which many patterns are repeated leads to the conclusion that human psychology changes little over time.

Forex charts are based on market action involving price. There are five categories in Forex technical analysis theory:

* Indicators (oscillators, e.g.: Relative Strength Index (RSI)
* Number theory (Fibonacci numbers, Gann numbers)
* Waves (Elliott wave theory)
* Gaps (high-low, open-closing)
* Trends (following moving average).


Some major technical analysis tools are described below:

Relative Strength Index (RSI):
The RSI measures the ratio of up-moves to down-moves and normalizes the calculation so that the index is expressed in a range of 0-100. If the RSI is 70 or greater, then the instrument is assumed to be overbought (a situation in which prices have risen more than market expectations). An RSI of 30 or less is taken as a signal that the instrument may be oversold (a situation in which prices have fallen more than the market expectations).

Stochastic oscillator:
This is used to indicate overbought/oversold conditions on a scale of 0-100%. The indicator is based on the observation that in a strong up trend, period closing prices tend to concentrate in the higher part of the period's range. Conversely, as prices fall in a strong down trend, closing prices tend to be near to the extreme low of the period range. Stochastic calculations produce two lines, %K and %D that are used to indicate overbought/oversold areas of a chart. Divergence between the stochastic lines and the price action of the underlying instrument gives a powerful trading signal.

Moving Average Convergence Divergence (MACD):
This indicator involves plotting two momentum lines. The MACD line is the difference between two exponential moving averages and the signal or trigger line, which is an exponential moving average of the difference. If the MACD and trigger lines cross, then this is taken as a signal that a change in the trend is likely.

Number theory:
Fibonacci numbers: The Fibonacci number sequence (1,1,2,3,5,8,13,21,34...) is constructed by adding the first two numbers to arrive at the third. The ratio of any number to the next larger number is 62%, which is a popular Fibonacci retracement number. The inverse of 62%, which is 38%, is also used as a Fibonacci retracement number.

Gann numbers:
W.D. Gann was a stock and a commodity trader working in the '50s who reputedly made over million in the markets. He made his fortune using methods that he developed for trading instruments based on relationships between price movement and time, known as time/price equivalents. There is no easy explanation for Gann's methods, but in essence he used angles in charts to determine support and resistance areas and predict the times of future trend changes. He also used lines in charts to predict support and resistance areas.

Waves
Elliott wave theory: The Elliott wave theory is an approach to market analysis that is based on repetitive wave patterns and the Fibonacci number sequence. An ideal Elliott wave patterns shows a five-wave advance followed by a three-wave decline.

Gaps
Gaps are spaces left on the bar chart where no trading has taken place. An up gap is formed when the lowest price on a trading day is higher than the highest high of the previous day. A down gap is formed when the highest price of the day is lower than the lowest price of the prior day. An up gap is usually a sign of market strength, while a down gap is a sign of market weakness. A breakaway gap is a price gap that forms on the completion of an important price pattern. It usually signals the beginning of an important price move. A runaway gap is a price gap that usually occurs around the mid-point of an important market trend. For that reason, it is also called a measuring gap. An exhaustion gap is a price gap that occurs at the end of an important trend and signals that the trend is ending.

Trends
A trend refers to the direction of prices. Rising peaks and troughs constitute an up trend; falling peaks and troughs constitute a downtrend that determines the steepness of the current trend. The breaking of a trend line usually signals a trend reversal. Horizontal peaks and troughs characterize a trading range.

Moving averages are used to smooth price information in order to confirm trends and support and resistance levels. They are also useful in deciding on a trading strategy, particularly in futures trading or a market with a strong up or down trend.

The most common technical tools:

Coppock Curve is an investment tool used in technical analysis for predicting bear market lows.

DMI (Directional Movement Indicator) is a popular technical indicator used to determine whether or not a currency pair is trending.

Unlike the fundamental analyst, the technical analyst is not much concerned with any of the "bigger picture" factors affecting the market, but concentrates on the activity of that instrument's market.
Fundamental analysis
Fundamental analysis is a method of forecasting the future price movements of a financial instrument based on economic, political, environmental and other relevant factors and statistics that will affect the basic supply and demand of whatever underlies the financial instrument. In practice, many market players use technical analysis in conjunction with fundamental analysis to determine their trading strategy. Fundamental analysis focuses on what ought to happen in a market. Factors involved in price analysis: Supply and demand, seasonal cycles, weather and government policy.

Fundamental analysis is a macro or strategic assessment of where a currency should be trading based on any criteria but the movement of the currency's price itself. These criteria often include the economic condition of the country that the currency represents, monetary policy, and other "fundamental" elements.

Forex-Forecasting

This article provides insight into the two major methods of analysis used to forecast the behavior of the Forex market. Technical analysis and fundamental analysis differ greatly, but both can be useful forecast tools for the Forex trader. They have the same goal - to predict a price or movement. The technician studies the effect while the fundamentalist studies the cause of market movement. Many successful traders combine a mixture of both approaches for superior results.

The explosion of the Euro market

The rapid development of the Eurodollar market, where US dollars are deposited in banks outside the US, was a major mechanism for speeding up Forex trading. Likewise, Euro markets are those where assets are deposited outside the currency of origin.

The Eurodollar market first came into being in the 1950s when the Soviet Union's oil revenue -- all in US dollars -- was being deposited outside the US in fear of being frozen by US regulators. This resulted in a vast offshore pool of dollars outside the control of US authorities. The US government therefore imposed laws to restrict dollar lending to foreigners. Euro markets then became particularly attractive because they had fewer regulations and offered higher yields. From the late 1980s onwards, US companies began to borrow offshore, finding Euro markets an advantageous place for holding excess liquidity, providing short-term loans and financing imports and exports.

London was and remains the principal offshore market. In the 1980s, it became the key center in the Eurodollar market when British banks began lending dollars as an alternative to pounds in order to maintain their leading position in global finance. London's convenient geographical location (operating during Asian and American markets) is also instrumental in preserving its dominance in the Euro market.

Risks

Although Forex trading can lead to very profitable results, there are risks involved: exchange rate risks, interest rate risks, credit risks, and country risks. Approximately 80% of all currency transactions last a period of seven days or less, while more than 40% last fewer than two days. Given the extremely short lifespan of the typical trade, technical indicators heavily influence entry, exit and order placement decisions.

Forwards and Futures

Forwards make up about 46% of currency trading. A forward transaction is an agreement between two parties whereby one party buys a currency at a particular price by a certain date that is greater than two business days (a spot transaction).

A future contract is a forward contract with fixed currency amounts and maturity dates. They are traded on future exchanges and not through the interbank foreign exchange market.

Options

A currency option is similar to a futures contract in that it involves a fixed currency transaction at some future date in time. However the buyer of the option is only purchasing the right but not the obligation to purchase a fixed amount of currency at a fixed price by a certain date in future. The price is known as the premium and is lost if the buyer does not exercise the option.

A spot transaction

A spot transaction is a straightforward exchange of one currency for another. The spot rate is the current market price, also called the benchmark price. Spot transactions do not require immediate settlement, or payment "on the spot." The settlement date, or "value date," is the second business day after the "deal date" (or "trade date") on which the transaction is agreed to by the two traders. The two-day period provides time to confirm the agreement and arrange the clearing and necessary debiting and crediting of bank accounts in various international locations.

Margin

Banks and/or online trading providers need collateral to ensure that the investor can pay in case of a loss. The collateral is called the margin and is also known as minimum security in Forex markets. In practice, it is a deposit to the trader's account that is intended to cover any currency trading losses in the future.

Margin enables private investors to trade in markets that have high minimum units of trading by allowing traders to hold a much larger position than their account value. Margin trading also enhances the rate of profit, but can also enhance the rate of loss if the investor makes the wrong decision.

Leveraged financing

Leveraged financing, i.e., the use of credit, such as a trade purchased on a margin, is very common in Forex. The loan/leveraged in the margined account is collateralized by your initial deposit. This may result in being able to control USD 100,000 for as little as USD 1,000.

There are three ways private investors can trade in Forex directly or indirectly:

* The spot market
* Forwards and futures
* Options

Exchange rates

Because currencies are traded in pairs and exchanged one against the other when traded, the rate at which they are exchanged is called the exchange rate. The majority of the currencies are traded against the US dollar (USD). The four next-most traded currencies are the Euro (EUR), the Japanese yen (JPY), the British pound sterling (GBP) and the Swiss franc (CHF). These five currencies make up the majority of the market and are called the major currencies or "the Majors". Some sources also include the Australian dollar (AUD) within the group of major currencies.

The first currency in the exchange pair is referred to as the base currency and the second currency as the counter term or quote currency. The counter term or quote currency is thus the numerator in the ratio, and the base currency is the denominator. The value of the base currency (denominator) is always 1. Therefore, the exchange rate tells a buyer how much of the counter term or quote currency must be paid to obtain one unit of the base currency. The exchange rate also tells a seller how much is received in the counter term or quote currency when selling one unit of the base currency. For example, an exchange rate for EUR/USD of 1.2083 specifies to the buyer of euros that 1.2083 USD must be paid to obtain 1 euro.

At any given point, time and place, if an investor buys any currency and immediately sells it - and no change in the exchange rate has occurred - the investor will lose money. The reason for this is that the bid price, which represents how much will be received in the counter or quote currency when selling one unit of the base currency, is always lower than the ask price, which represents how much must be paid in the counter or quote currency when buying one unit of the base currency. For instance, the EUR/USD bid/ask currency rates at your bank may be 1.2015/1.3015, representing a spread of 1000 pips (also called points, one pip = 0.0001), which is very high in comparison to the bid/ask currency rates that online Forex investors commonly encounter, such as 1.2015/1.2020, with a spread of 5 pips. In general, smaller spreads are better for Forex investors since even they require a smaller movement in exchange rates in order to profit from a trade.

An overview of the Forex market

The Forex market is a non-stop cash market where currencies of nations are traded, typically via brokers. Foreign currencies are constantly and simultaneously bought and sold across local and global markets and traders' investments increase or decrease in value based upon currency movements. Foreign exchange market conditions can change at any time in response to real-time events.

The main enticements of currency dealing to private investors and attractions for short-term Forex trading are:

* 24-hour trading, 5 days a week with non-stop access to global Forex dealers.
* An enormous liquid market making it easy to trade most currencies.
* Volatile markets offering profit opportunities.
* Standard instruments for controlling risk exposure.
* The ability to profit in rising or falling markets.
* Leveraged trading with low margin requirements.
* Many options for zero commission trading.

Forex Trading Slumdog

What are most people actually looking for in a forex trading guide, so that it can help them achieve their dreams of making millions from forex trading? I would say that a good forex trading guide would have consist of forex trading basics, forex technical analysis, fundamental analysis, trading psychology, forex trading systems, money management rules, forex glossary, how to choose forex broker etc.

Some of the forex trading guides provides forex trading tutorials to introduce you to the global forex trading, so that you will know how to trade forex in a shorter time and help you become a successful and profitable forex trader. Along the way, you will gain an understanding of how foreign exchange prices move and how to develop your own trading system. Some guides include forex trading tips, which is important for those who are new to trading, but also adds value to advanced traders too.

Let's zoom in into some of the contents that are provided in a forex trading guide. Basically, you can find contents like the mechanics and introduction to forex trading, how to be a profession forex trader etc in the forex basics section. Forex technical analysis helps you to be able to read forex charts, use of Fibonacci, support and resistance etc.

Are you a very emotional person who reacts hugely to cases when you win or lose money? If you are, the trading psychology part will teach you how you can control your emotions, how you can overcome greed etc when it comes to trading.

You may find that most people first thing will look for the trading system, let it be a forex course, an ebook, or a tutorial. Why is that so? Most people thought that they can profit with the trading system alone, which is untrue as there is a need for money management and emotions control too!

There are many forex trading systems out there in the world, but you have to find one that fits your personality. There are methods like forex scalping, forex trend trading, breakout system and the list continues. Most traders love automated forex trading as a forex trading software will trade for them without having to open and close a trade manually. Of course, there are pitfalls in those systems too!

So by the time you have gone through everything in a forex trading guide, provided that guide is not a slumdog, and have found your trading system with money management, discipline and emotions control, you should be ready to make money trading forex online.

Forex Information

The foreign exchange market or forex for short is a trillion dollar business that encompasses the trading of any and all the world's currencies. Individuals who trade in the forex market usually do so through a trained broker or other professional. You must be kept up to date on forex information in order to trade in the forex market. This not only includes such things as the value of a particular currency, but you must also be kept well informed of the world's economic, political, and environmental news. For example, unlike the stock market where you may have insider trading or secrets, there is very little of this in the forex marketplace. This is because the forex is a reactive marketplace that gets its strength from real cash flows and also the flow of the Gross Domestic Product (GDP), interest rates, budgets, and trade deficits. Many of these things, especially cash flows, can be a result of a natural disaster, gas prices, and can even be seasonal such as during December when people tend to spend more because they are purchasing Christmas presents. Therefore, since the forex is so reactive, no one can truly know what will happen in the forex marketplace, no matter how seasoned they have become at forex forecasting.

Of course, keeping up with the entire world's political, economic, and environmental news can be taxing since there are only so many hours in a day. You could attempt to keep up with this and other forex information on your own, but you would have to read a lot of newspapers and watch the news a lot. A simpler way to stay up to date on forex information is through websites that are devoted to forex information. There are a variety of forex information sites on the web, and your level of forex expertise will ultimately determine which forex information sites you visit.

When you are starting out in the forex marketplace, you should look for a site that provides forex information such as up-to-the minute headlines, as well as education tools. One of the best sites for forex information is Forex Knowledge.com (www.forexknowledge.com). Obviously, one of the draws to this site is the up-to-the-minute news and the excellent charts, but there is also a knowledge section that allows visitors to learn about the forex market, how to get started, history of the forex, and a forex introduction. Below the educational section, visitors will find information on the fundamentals of the forex market. This section contains information on the PIP, how to read prices, country currency codes, and there is even a glossary of forex terms. Visitors will also find forex trading tools that include articles on technical analysis, market awareness, and trading strategies. For the seasoned forex investor who only needs the up-to-date news, charts, and quotes, the website Forex Markets.com (www.forex-markets.com) will be useful. While the forex information found at this site will prove indispensable, the chat forum, where each day hundreds of messages are posted, will prove equally as useful. This allows users to not only obtain forex information from the website but also from colleagues. The forum is open to all users, and registration to use the service is free. Prior to participating in the chat forum, users must keep in mind that the chat forum is not a chat room and should not be treated as such.

Trading in the forex can be quite lucrative if you know and understand what you are trying to accomplish. No matter what your intentions are, forex information is vital to your success. If you are just getting started in the forex marketplace, it would be smart to take it slow and learn about the forex as well as how to interpret and apply forex information.

Essential Training For Forex Traders

In the world's largest financial market where exchanges reach up to trillions of dollars each day, many people would really want to participate in this market. Aside from being the largest financial market in the world, Forex is also the most liquid market in the world where trades are done 24 hours a day.

A lot of traders have become very rich trading in the Forex market. And, many people who trade in the Forex market everyday have found a great way to replace their day jobs. Some even became millionaires almost overnight by just trading in this financial market.

Trading in the Forex market can be very attractive. However, you should also know that there have been people who suffered extreme financial losses in the Forex market. It is true that the Forex market offers a very good money-making opportunity to a lot of people, but it also has its risks.

It is a fact that people who didn't have the right knowledge and skills trading in the Forex market suffered huge financial losses and some even went into debt. So, before you enter the Forex market, it is essential that you should have the necessary knowledge and skills as a Forex trader in order to minimize the risk of losing money and maximize the potential of making money.

Many people who were successful in the Forex market have went through a Forex trading course to get the knowledge and skills needed to successfully trade in this very liquid and very large financial market.

In a Forex trading course, you will learn about when it is the right time to buy or sell, chart the movements, spot market trends and also know how to use the different trading platforms available in the Forex market.

You will also be familiarized with the terminologies used in the Forex market. Even the basic knowledge about trading in the Forex market can be a great help with your money-making venture in the world's largest market.

There are different Forex trading courses available, all you need to do is choose one that suits your needs as a trader. There are crash courses where all the basic things about Forex will be taught to you in a short period of time, full time online courses, where you will learn all about Forex through the internet and there are also full time real life classroom courses where you can learn the ropes about Forex in a real classroom with a live professor.

You can also become an apprentice. However, in order to learn a lot about Forex as an apprentice, you need to make sure that you have a seasoned Forex trader who can share a lot of things to you about the Forex market.

Here are some of the basic things you should look for in a Forex trading course in order for you to get the sufficient knowledge about Forex trading:

•Margins
•Leveraging
•Types of orders
•Major currencies

A good Forex trading course will also explain a lot about the fundamental and technical analysis of charts. As a trader, knowing how to analyze a chart is an essential skill that you should have. So, when you are looking for a Forex trading course, you should look for a course that offers fundamental and technical analysis instruction.

Stress plays a vital part in Forex traders. Knowing how to deal with stress is also a skill that you should develop. A good Forex trading course should teach you how to deal with stress and trade effectively and efficiently.

As much as possible, you should look for a Forex trading course that offer actual trading systems where students can trade real money on the Forex market or at least trade on dummy accounts in a simulated Forex market. This hands-on experience will greatly benefit you. Besides, the best way to learn about anything is by actually experiencing it. Live trading and simulations should be offered in a Forex trading course.

So, if you plan on getting involved in the Forex market, consider finding all these things in a Forex trading course. Developing the right knowledge and skills in trading in the world's largest and most liquid market in the world will definitely help you make it to the top and achieve your dreams as a Forex trader.

Forex Online Trading

Forex trading involves many foreign currencies. However, the most major of which are the U.S. dollars, Euro Dollar, Japanese yen, Swiss Franc, and British pound. They are considered major because they are the most in demand currencies in the Forex market. They are also the most traded.

In the past ten years, Forex trading can only be done by banks and financial institutions. This is because they were the ones with access to the methods and tool needed for the trade in the Forex market. As technology develops, the Internet provided ways where individual investors can join the trade in Forex. With the availability of Internet, investors from all over the world can have access to these methods and participate in the Forex trading at their own ways at anytime of the day. The Internet has many online platforms where Forex online trading can be made possible.

Aside from the possibility of Forex online trading, Forex trading gained popularity because it poses lots of benefits. These included 24-hour access to the market, commission free, high leverage, and accessibility. With these benefits, Forex online trading becomes a lucrative opportunity for investors. As such, it becomes one of the sought after investment in the financial market.

When you involve in Forex online trading, you need more than just knowledge of how Forex trading works. You need to be equipped and educated on the strategies to determine prices that will provide you profits in selling and buying foreign currencies with its underlying rules and regulations. Fortunately again, this will be easy as the Internet provides all the basic facts and systems that you need to make Forex online trading profitable. Aside from knowledge, you need to get the latest and more advanced Forex Trading systems to provide you the methods and tools in Forex trading.

Forex Trading systems are available from any Forex Trading sites that help you become successful in Forex Online trading. Foreign trading systems are methods, tools, and even strategies to get the right pricing need for the trade. It is not totally a mechanical tool with one time result. You need considerable analysis and decision making processing to derive at the best deal in the Forex online trading. Most of the time, you need to make a lot of trials to get the right match that would result to higher profit. Most Forex trading systems do not also guarantee zero loss as the game of Forex has its own risks. However, the Forex trading system does provide strategies that will result to minimal loss when done properly and wisely.

One site in the Internet that offers Forex online trading opportunities and the Forex trading system is Smart Forex Live. They provide various Forex Trading systems, news, articles, and reviews to keep you posted on the Forex trading market. This is even more needed especially if you are a beginner in the Forex trading world. Investors who are also experienced can gain much when they have a combination of Forex trading systems which they can analyze and utilize to get the right decisions needed for the trade.

Being equipped with the combination of knowledge about Forex trading market and Forex trading systems makes you get more profits most of the time in Forex online trading. But then again this is not an overnight scheme. You need mastery, perseverance, patience, and smart ways to keep the profit high.

Forex Loophole Review

Everyday a new forex trading system has been develop. No doubt about the forex trading as the easiest way to make money online. You can start making money in the comfort of your own home, even without having to stress out yourself and spending a few minutes in front of your computer. Long before, forex trading are not for everyone to try. If you don't have enough money to invest you will never ever try Forex trading. But those days are gone, now with the help of new technology, you can now trade even without having to risk a lot of money. Just like the new Forex Loophole!

Recently I stumble upon Forex Loophole, I really love giving review for something I really and trully believed that actually work. And I already reviewed a lot of forex trading system. Whenever a new forex trading system has been released in the market I'll make it a point that I give my fellow trader something that they can actually used for their forex trading comparison. Forex Loophole is a new automated forex trading system that actually works in different currency. Unlike other forex trading system that you can trade for just a single currency, Forex Loophole is unique in a way that it can be used whatever currency you like to trade. This automated forex trading system works in any country and doesn't need any special forex metatrader platform.

What I like about Forex Loophole is that you can start your trade even without any prior knowledge on forex trading. It was created for 9-5ers or even for forex beginners. It doesn't need to become a mathematician or a computer engineer to start making profits from forex trading. It's uniqueness and consistently giving trader profits that they couldn't ever imagine is something that everyone should not be taken for granted.

Silicon Forex Review

many people tried forex trading online? Have you ever heard of Silicon Forex or have you ever try automated forex trading system? Everyday a new forex trading system has been develop and presented to the public. How will you ever know if an automated forex trading system are for real or just another forex trading scam? Join me in my honest review of Silicon Forex!

Silicon Forex is a new revolutionary automated forex trading system. This is different from the many forex trading robot that has been released online. Silicon Forex is a unique, proven and tested forex trading system that will give you winning edge. It is the only system that has a solid money management rules that will automatically looks for winning trades giving you more chance to make money!

I know that you are here because you are looking for an honest review of Silicon Forex. Are you one of those trader who have difficulty making real money from forex trading? Still searching for the right forex trading robot that will give you financial freedom? Silicon Forex allow you to trade without having to exert a lot of effort. You don't have to live your daily job just to ensure profits!

What is Silicon Forex? Silicon Forex is an expert advisor or a forex trading robot that will trade 24/7 completely on autopilot. This will allow you to earn from forex trading without having to monitor trades for long hour. Silicon forex was created by a profesiional forex trader and a computer engineer giving you a very powerful software ever created. The system will look for profitable trade and when a profitable opportunity arrives it will enter and exit automatically. Giving uou profits even when you are asleep.

Why do you have to try Silicon Forex? It is an automated forex trading system that can be easily set up. You can plug the system in your computer in just 5 minutes. The best thing with Silicon Forex is that you can actually switch it on/of at will. It requires no human intervention that is why you can preven losing because you don't have to trade using your own emotions.
How can you profit from Silicon Forex? As I already mentioned, Silicon Forex trades by itself on autopilot 24/7 hours a day. You can just plug and forget the system without even worrying about your money being lost. You can now spend some quality time with your family without having to worry of losing your hard earned money. Youcan travel around the world because Silicon Forex works in any country as long as you have internet connection. And you can start trading with just minimal investment. You can start with as little as $100.

Forex Payload Review

Have you ever heard of Forex Payload? Is this another scam or is this the one you are long waiting for? Many people still searching for ways to make huge income from forex and they didn't know where and how to start. I know you are here because you are still hoping that something might really work. You are here because you are looking for Forex Payload review. And this is what I will going to give you.

If you want to reserve and be one of the first 250 lucky user of Forex Payload then visit Forex Payload official site now!

What is Forex Payload? Forex Payload is another automated forex trading system that has been created to give anyone the opportunity to make huge income from forex without doing a lot of work. We all know that forex trading is one of the easiest and the most fastest way to make a healthy second income online. Forex Market is so huge and absolutely there are place for everyone to make huge amount of profits. Forex payload is one of the many tools that you can use to ensure your trading success. It is an easy to understand forex trading system that was created by an expert trader named Paul Walker.

How can Forex Payload can change your life? Forex Payload is a set and forget system. It works even without you monitoring your trades. Like the many forex trading system that has been spreading online, this system works completely on autopilot. It also works in any metatrader platform. It works any where in the world. And this system also work even you have small amount of capital. You can also open a demo account or even open a real one. Forex Payload doesn't required any trading experience. You don't have to be a mathematician to start making profits from Forexpayload.

Forex Trading Versus Stock Trading

The forex (foreign currency exchange) market is the largest and most liquid financial market in the world. The forex market unlike stock markets is an over-the-counter market with no central exchange and clearing house where orders are matched.

Traditionally forex trading has not been popular with retail traders/investors (traders takes shorter term positions than investors) because forex market was only opened to Hedge Funds and was not accessible to retail traders like us. Only in recent years that forex trading is opened to retail traders. Comparatively stock trading has been around for much longer for retail investors. Recent advancement in computer and trading technologies has enabled low commission and easy access to retail traders to trade stock or foreign currency exchange from almost anywhere in the world with internet access. Easy access and low commission has tremendously increased the odds of winning for retail traders, both in stocks and forex. Which of the two is a better option for a trader? The comparisons of retail stock trading and retail forex trading are as follows;


Nature of the Instrument
The nature of the items being bought and sold between forex trading and stocks trading are different. In stocks trading, a trader is buying or selling a share in a specific company in a country. There are many different stock markets in the world. Many factors determine the rise or fall of a stock price. Refer to my article in http://www.i1also.com under stock section to find more information about the factors that affect stock prices. Forex trading involves buying or selling of currency pairs. In a transaction, a trader buys a currency from one country, and sells the currency from another country. Therefore the term “exchange”. The trader is hoping that the value of the currency that he buys will rise with respect to the value of the currency that he sells. In essence, a forex trader is betting on the economic prospect (or at least her monetary policy) of one country against another country.


Market Size & Liquidity
Forex market is the largest market in the world. With daily transactions of over US$4 trillion, it dwarfs the stock markets. While there are thousands of different stocks in the stock markets, there are only a few currency pairs in the forex market. Therefore, forex trading is less prone to price manipulation by big players than stock trading. Huge market volume also means that the currency pairs enjoy greater liquidity than stocks. A forex trader can enter and exit the market easily. Stocks comparatively is less liquid, a trader may find problem exiting the market especially during major bad news. This is worse especially for small-cap stocks. Also due to its huge liquidity of forex market, forex traders can enjoy better price spread as compared to stock traders.


Trading Hours & Its Disadvantage to Retail Stock Traders
Forex market opens 24-hour while US stock market opens daily from 930am EST to 4pm EST. This means that Forex traders can choose to trade any hours while stock traders are limited to 930am EST to 4pm EST. One significant disadvantage of retail stock traders is that the stock markets are only opened to market makers during pre-market hours (8:30am – 9:20am EST) and post-market hours (4:30pm – 6:30pm EST). And it is during these pre-market and post-markets hours that most companies release the earnings results that would have great impact on the stock prices. This means that the retails traders (many of us) could only watch the price rise or drop during these hours. Besides, stop order would not be honored during this times. The forex traders do not suffer this significant disadvantage. Also, a stock trader may supplement his/her trading with forex trading outside the stock trading hours.


Affordability
In order to trade stocks, a trader needs to have quite a significant amount of capital in his account, at least a few tens of thousands in general. However, a forex trader can start trading with an account of only a few hundreds dollars. This is because forex trading allows for higher leverage. A forex trader could obtain larger transaction compared to stock market. Some forex brokers offers 100:1, 200:1 or 400:1. A leverage of 100:1 means that a US$1k in account could obtain a 100 times transaction value at US$100k. There is no interest charge for the leveraged money. Stock trading generally allows for not more than 2 times leverage in margin trading. There are interest charges associated with margin trading.


Data Transparency & Analysis Overload
There are thousands of different stocks in different industries. trader needs to research many stocks and picks the best few to trade. There are many factors that affect the stock prices. There are much more factors that may affects stock price than foreign currency exchange rates. The forex traders therefore can focus on few currency pairs to trade. On top of that, most data or news affecting currency exchange rate are announced officially, scheduled and in a transparent manner. Retail forex traders therefore have better chances of success than retail stock traders.


Bear/Bull Stock Market Conditions
Forex traders can trade in both way buying or selling currency pairs without any restrictions. However, stock traders have more constraints to trade and profit in bear market condition. There are more restrictions and costs associated with stock short selling. In a bull market when the economy is doing well, stock traders have a high chance of profitability if they buy stock first then sell it later. Savvy forex traders however, could operate in all market conditions.


Trending Nature of Currency
Major currencies are influenced by national financial policies and macro trends This national financial policies and macro trends tend to last long in a certain direction, either in monetary expansionary (rate cutting) or monetary contractionary cycle (rate hiking cycle). Stock prices however tend to fluctuate up and down due to many factors, many of these factors are micro and specific to the stocks. Therefore forex traders can better exploit the trends in foreign currency markets that stock traders in stock markets. You may want to read Ride The Trend Strategy.


Regulation
Generally, most major stock markets are better regulated than forex markets. Therefore, traders need to be aware of this difference to stock markets. Fortunately, there are however many reputable forex brokers in the market. With prudence and proper research, it is not difficult to find a suitable reliable forex brokers. Refer to How To Find Forex Brokers for details.

Based on the above few points, forex trading seems to be a better trading option than stock trading, especially during these uncertainties in the global economy. During bull market condition, stock trading could be a viable alternative. A stock trader should definitely seriously consider supplementing their trading with forex trading. Forex trading enables a stock trader to exploit any opportunity arises during non stock trading hours, by trading in forex trading. Forex trading would also enable the stock traders to understand a more complete big picture of world economies operations and further enhance their stock trading skills.

Forex Trading Secrets Exposed

Almost 90% of the part time traders that I know of want to become full time forex traders in the near future. And they hope to be professional traders one day. That is the dream for most forex traders. What about you?

In order to survive in the forex trading world and make lots of money from the forex market consistently, being a normal forex trader is not good enough - you'll need to become a professional forex trader. So just what are the secrets that professional forex traders have that enables them to make lots of money trading forex? I once had a conversation with a friend of mine, who is a professional trader. And he shared with me the 3 secrets that make professional traders like him so rich:

Secret #1 - Professional Traders are NOT Geniuses- They Simply Follow a SIMPLE Forex Trading System.

You see it correctly, they are not any smarter than you nor do they possess of any god-like foresight in forex trading. I dare to say this because I know of some professional forex traders who seem to know nothing in this world and clumsy in doing other stuffs but can be a professional forex trader. Why is that so?

It's simply because they have a successful forex trading system which gives good forex trading signals to help them trade consistently. And what they have to do is to repeat the consistency just by following the trading system. That's all! And let me leak a little more secret, professional traders use simple forex trading systems instead of what most people thought to be complicated.

Secret #2 - Learn and Work Smart, NOT HARD.

Do you think that you should learn how to trade forex the hard way and gain all the knowledge before you can be successful? Do you think you can master the forex market if you combine all the strategies taught by every forex trading expert? If your answer is yes, you are WRONG! In other businesses, you may get rewarded for all the efforts and time you have put into.

But in forex trading, it's the right forex trading tutorials and education that counts and you are rewarded for being accurate and not for efforts. You will be surprised that successful traders only follow a winning trading system blindly to build up their trading capital.

Secret #3 - They possess Determination, Discipline, Money Management and Mindset for Success

My professional forex trader friend told me that he would swipe everything aside just to concentrate on his forex trading. It's his determination to succeed made him overcome small losses and steep learning curves that he had experienced in the beginning. He emphasized on a huge mistake that a lot of people make is that they are too eager to trade, too eager to make money fast from the forex market.

You need to have discipline to follow the rules of your forex trading system. Huge capital gains in forex are piled up over years of consistency and not days, there is no shortcut to riches. He manages his money so well that even 2 or 3 losses in a row can't affect his profitability much. 1% or even 0.5% of his capital margin per trade is what he is only willing to risk.

Not everyone can be a professional trader in a short period of time as you need huge capital, but anyone can become successful in forex trading if you learn how to trade forex the professional way. I'm happy to be your forex trading guide and what you have to do is to download my FREE ebook with contains forex tips, forex trading systems etc that professional forex traders use in their trading.

Global Forex Trading

Global forex trading is a huge and incredibly liquid market that unveils an opportunity for those individuals who are looking to exchange currencies around the world. There is considerably less heard about the forex market compared to the commodities and stock market. Global forex trading may not be as well known as stock trading in fact it is actually far smaller than the stocks and even the commodities markets. But being that as it may there is more than $2 trillion closer to $3 trillion in currencies being traded every day on the global forex market. The nice thing about it is seeing that the market is global in can be traded pretty much 24/7.

The fact of the matter is that Global Forex Trading can be an easy way for both beginners and professional forex traders to make money online. The most appealing thing about this forex opportunity and trading in the forex market is the leverage. In the forex market one can control 20, 50 or even 100 times more than their initial investment. This can give you the opportunity to make a ton of money from a very small investment. The reason the Global forex market even exists is to promote investment in international commerce.

The trends give the global forex market it's ability to change albeit sometimes erratically. Forex traders or investors use these trend lines in an attempt to judge what direction the currency is moving either up, down or sideways. The forex market like most trading markets is very speculative and one must understand that there are certainly risks involved. That is why it is crucial to know how to trade currencies or at least use one of the proven auto pilot forex trading robots as a tool to assist you. Because there is the possibility of making great sums of money and also the possibility of loosing great sums of money.

Here are some more of the advantages of the forex market. Low startup you can startup with as little as $50. Non stop action the markets trade 24 hours per day Monday through Friday. It's a volatile market which means huge opportunities. Low cost it's not like the stock market where you have to pay the spread plus commissions. In the forex market your only cost for the trade is the spread. There is no cornering because no matter how many people trade or how many autopilot forex robot systems people use, the efficiency and probability of the currencies market will remain intact. There is no size limit you can trade as big or as small as you'd like. This is something that only the forex market allows.

Here's some things to look for when looking for a forex software. Especially if you are looking for a forex robot that works on it's own 24/7. Look for a company that offers traders to run the software on the companies special forex servers. That way you don't have to worry about your home computer going offline when you leave it to go to bed. Look for a software that does real live testing as opposed to back testing only. Look for lots and lots of testimonials. Look for a forex robot that offers the ability to paper trade to test the software for accuracy. Good forex robots will help you to determine the proper forex supply and demand. Also and this is probably the most important thing look for a money back guarantee with a trial period. Look for software that has a lot of positive popularity. If people are going crazy over it in a good way, then it's probably for a good reason. Good luck trading and may you make a ton of money with global forex trading.

Automatic Forex Robot

Automatic Forex robot software programmed for the best Forex expert advisor programs are created to run multiple market condition scenarios instantaneously and conduct the currency trade that is most profitable to you based on the evaluated market conditions. Automated Forex trading with automatic Forex robot software programs make currency trading fast, easy and profitable for you.

Automated Forex trading with automatic robot software brings your foreign currency exchange profitability to a new level. The time you devote to your Forex trading is an expense which can be reduced with automated Forex trading from automatic Forex robot software. The drain on your time spent analyzing the currency market news, trends, conditions, currency trade probabilities, and currency market forecasts, depletes your resources for other profitable projects. An automated Forex trading software program with automatic Forex robot software replenishes your time.

Manual currency marketing analysis also subtracts from the time it takes to evaluate new investment opportunities that can bring you more profit from your Forex investments. Excess time spent on currency market analysis for buying and selling foreign currencies could end up turning your Forex profits into a currency loss. Automated Forex trading with automatic Forex robot software will give you to opportunity to look into new Forex investments – and look at new Forex profits.

It is a misconception to think of time as a non-expense if you are not receiving pay. Your time is an investment – and as with every investment, you must make the most efficient and profitable use of your time. Investments, holdings, businesses – and even your personal life, always hold opportunity for continuous improvement. Automated Forex trading with the best Forex expert advisor automatic Forex robot software programs perform your market analysis tasks in a fraction of a second. By using automated Forex trading with automatic Forex robot software programs for your foreign currency trading – you are freeing yourself up for weeks that can be spent looking at new scenarios and testing currency trading marketing strategy performance against one another – which is another advantage of using automated Forex trading with automatic Forex robot software programs.

Automated Forex trading with automatic Forex robot software programs gives you the opportunity to test currency marketing strategies over a given length of time and compare the Forex trading results of one set of market condition variables to another set of market condition variables. Finding the fastest way to make profits with automated Forex trading from automatic Forex robot software programs gives you the highest return and increases your overall profit margin.

Once you test the automated Forex trading choices and automatic Forex robot software programs to find the best Forex expert advisor for your currency holdings and your desired return from the currency market, those holdings are left in good (robotic) hands. There is no room for impulse buying or selling. You can invest your time in learning more about the foreign currency market, buying and selling strategies, or invest your time in investigating new currency options – or improving personal life. Increasing your knowledge on the currency market and options is a greater investment into your future than performing currency trading tasks that can be automated through automated Forex trading from automatic Forex robot software programs.

Automatic Forex robot software programs from automated Forex trading applications will bring you the highest return in the fastest possible time. A human investor can not perform the market analysis tasks and order submission tasks as fast as the best Forex expert advisor software programs do. Automated Forex trading will bring your Forex profits to a new high. Analyze and automate your Forex trading with automatic Forex robot software programs and you'll have more time to watch your Forex investments grow.

Forex Robots

Forex is the worlds largest financial market where exchanges reach up to trillions of dollars each day. It is also the most liquid market in the world where trades are done 24 hours a day, 365 days a year. Many people would really want to participate in this market. Who would'nt get attracted to trade in the largest financial market in the world?

If you are a regular person with a 9to5 job who is looking for a way to earn extra money, you should consider entering the Forex market and trade. However, it also has its risks and people who have traded in Forex without the proper knowledge and skill have lost large amounts of money. Some have suffered extreme financial losses. This is why it is crucial for you to have enough knowledge and skills when you trade in the Forex market.

But Forex trading have improved with technology, it is now possible for you to trade in the Forex market like a professional even without in-depth trading skills with a lot less risk with the use of the Forex robots. With an auto pilot program, it is easier for you to trade in the Forex market and earn that extra money you want. This software can run 24 hours a day and therefore, giving you the advantage of not missing any money making opportunities when the Forex market changes. You can trade every hour of every day even while your sleeping or at work. With this benefit, you will never miss another potential profitable day in the Forex market.

However, before you subscribe to any Forex Trading robot, you have to first decide if the software can really trade effectively and efficiently to your advantage. Here are a few of the features you consider:

* 24 hour a day operation - You want this feature in a Forex trading robot so you will never miss a money making opportunity.
* Minimum investment requirements - Investments in a Forex trading robot should be minimal in order for you to afford it.
* Trading automation technology - Since your money is at risk, you should choose a Forex trading robot with the latest trading technology existing in the market today.

There are hundreds of Forex Robot programs available online, all offering advance features and a promise of big profits overnight, but which one can really deliver? On a recent consumer survey, two Forex Robots stand out in the market. The choice is based on the following criteria: % of the success rate, easy to install and operate, good customer service, great features offered and affordable price for the program. They are FAP Turbo and Forex Maestro.

1) FAP Turbo : The Real Money Forex Robot - For the last 9 years, FAP Turbo has averaged 95% success rate in spotting the winning foreign exchange trend signals on a live account.

2) Forex Maestro - The Maestro system of picking and choosing profitable trades has an average success rate of 91.25%. This forex robot has never had a losing streak that lasted longer than 2 trades. This equates to a little over 9 Winners for every 10 trade it makes.

These Forex trading robots are perfect for someone who wants to get involved in the Forex market but don't have the proper knowledge and skills to trade currencies. It is also great for people who are afraid to invest their money in Forex. You can also benefit from these Forex trading robot if you want to concentrate on your day job and still earn cash in the Forex market.

However, you should always remember that in Forex market, you need to invest money to earn money. You should only invest the money you can afford to lose. Although a great money-maker for lots of people, it also has equal risks that may cause you to lose money. With the use of a Forex robot, you will be able to minimize the risk of losing money and increase your chances on earning potential. You will never miss another trading day at the Forex market and can take advantage of great market trends.

Automated Forex Grail

Forex trading has been a popular way of investing your money for the past several years and it has increased in popularity since the Internet became available. With this increase in popularity expert forex traders have developed forex systems to predict the forex markets for forex traders across the world.

Forex systems have become the backbone of the forex market and with each new system the technology and features that they include help forex traders to multiply their investments each day to maximise profits.

However as you may predict, the first several forex systems that were developed lacked the technology and the algorithms to predict a constantly changing forex market. This is where thew new automated forex grail is introduced, the automated forex grail is able to pin point specific trades that are profitable in any forex market condition.

The automated forex grail has a unique and revolutionary algorithm which unlike any other forex system is capable of predicting the future of the forex market and targeting profitable trades in any forex condition. The automated forex grail answers the prayers of every forex trader and offers a highly adaptable algorithm which is capable of adapting to any market condition and selecting profitable trades.

Automated Forex Grail Facts

The Automated Forex Grail has accumulated over $700,000 proven profit from a single $500 deposit trading.

Quick and simple to install. With an easy to use interface so don't worry if you're not that tech savvy.

The Automated Forex Grail is a highly profitable system which allows you to earn thousands each day.

The system has real time optimizing engine which adapts to any market condition.

Start with a real forex account or learn the ropes whilst using a demo account.

How does the Automated Forex Grail differ from other Forex systems?

As I was saying earlier previous forex systems have not been developed to meet the potential that forex traders need. Earlier systems have used a single algorithm which was only capable of working to its maximum capacity in a single market condition. The problems with this are that the forex market never stays the same instead it always changes therefore these earlier systems were unable to be of use to forex traders for a long period of time.

However the Automated forex grail has been developed with a far more complex algorithm which is able to adapt the most recent forex market conditions. This allows the forex system to always target specific trades which are profitable and risk free. As well as this the automated forex grail offers a simple interface which is simple to use even for the less tech savvy forex trader.

Understanding Forex Statistics

Once you become somewhat familiar with how the forex market works, and you understand to a point what is involved in trading on the Foreign Exchange Market, you would want to start to gauge market trends in order to profit from your business ventures on the open market.

The name of the game is statistics, and the first rule is that you must be aware there is no such thing as a sure thing on the forex market. While you can never be 100% sure at any given time of the next move that will be made on the market as a whole, being able to read statistics and interpret them will place you ahead of the pack in regards to "guessing" what will happen next.

Forex trading is a lot like gambling. If you can keep track of the cards that have already been played, you are more informed, statistically, regarding what is likely to be dealt next, meaning you can place a bet with greater insight than someone who has no clue what has already been played. With the forex market, if you have information as to what has already occurred over the past few days, months, or even years, you are again placed in a better position to more logically conclude what will happen next. You simply learn the pattern and follow it to the end, reaping the financial rewards.

Charts And Chartists

Wait, did you think you were going to have to research and map out the market's past all by yourself? Of course not! There are people who get paid to do that sort of work. They monitor the market hourly, daily, weekly, monthly, and yearly so that they can provide big-time traders with the same knowledge mentioned before. The more a trading company knows about the market, the more money they can make.

The best part of this is that you have access to the same information as these VIP clients. Chartists, who are essentially market analysts that publish their findings in easy to read charts, produce what is referred to as a candlestick charts. These charts are basically a combination of a line graph and a bar graph that show the trend of various stocks, indexes, or other interests over a specified period of time. Therefore, you can easily determine if the currency is on an uptrend or if it is taking a downturn, when the last major change occurred, and how long it is predicted that the currency pair will continue on the current path.

If your broker does not supply you with these charts, then you should easily be able to draw them yourself with the modern day charting software or trading platform that you get from your broker. These software platforms can draw most charts for you by entering a couple of parameters and viewing the result.

Traders Fail at Forex

The old battlefields of the middle ages are not gone, they have merely changed form. Hundreds of years ago normal men would set out to build their empires by conquering lands through the force of arms. Today, normal men like you and i set out to build our financial empires by conquering markets throught the force of self. The blood soaked battlefields of yesterday have made way for the cash soaked commercial battlefields of today, with the large private armies of Family warlords making way for large pools of family capital. Just as armies were needed to shape empires of the past, so too is capital needed today in order to put modern commercial plans of conquest into action.

In there, lies the reason as to why many forex traders fail. They go into battle risking too many soldiers (capital) and without the knowledge of tactics needed to win the fight.

Lets look at that again. 1. They risk too much capital, 2. They do not understand Forex markets.

Many traders both successful and miserable have made these mistakes, the main reason for me writing this article is so you can learn this lesson here and do not have to make this mistake and lose money, or at the very least be cautious enough to minimise your losses.

No general will risk a majority of his men in a battle that he has no plan for and where he has no idea about his enemy. So my question to you is, why would you risk your capital in market conditions you know nothing about? Luckily two remedies exist for the forex general who finds himself in this situation.

1. Make it a rule to only risk 1% of your capital in any one trade. This is to minimise your losses.

2. Educate yourself so you can recognise your chance to strike but also recognise when it is neccessary to withdraw. Learn to read the conditions of the forex battlefield. Great generals of the past would spend years learning battlefield tactics, luckily we can achieve this in a couple of months.

Successful Forex Trading

What have you put off today? Something important you had to do that you ended up not doing? Well i am sorry to say this but Forex doesn't like you very much, it won't actually come out and say this, but it will definatley show you by eating all your money.

Why do lazy people flounder in the forex market?

1. They put off getting a broker too long and then often make a bad choice.

2. They don't do any research or engage in education and therefore end up gambling.

3. They clutter up informative blogs and forums with their incessant whines about how forex is a scam and can anyone lend them $20 because they are good for it.

4. They are often emotional about trades and will either get too excited after a good trade or try to take revenge on the market after a bad loss.

Does this look like a successful traders mindset to you? Of course it isn't. Are you guilty of any of these things? If you are get it sorted ASAP, not or my sake, but for your own. It isn't my money you are gambling away. "But i thought forex is investing not gambling?" Thank you! I don't gamble in forex, i invest, many other traders i know invest as well. Whats the difference? Education my friend, education. We know what we are doing, and make educated decisions about where we want our money, a forex gambler wakes up in the morning and just decides then and there where he is going to flush away some more money. They don't research, they don't even know what a chart looks like, they just go with uneducated gut feelings.

But let's stop talking about forex gamblers before i have a stroke, what about successful traders?

1. They research brokers and then choose one and stick to it until the broker gives them reason not to.

2. They are always learning. What is a better indicator to use? What have i done wrong in the last week? This is the kind of thing that sharpens their trading sword so sharp it could cut space and time.

3. They don't post often, they might not ever post on a forum or blog. To them forex is about learning and they would rather listen then speak. Humble eh?

4. They keep their cool. They know that a win can turn into a loss and the other way around within the next 5 minutes. They have the experience and they have already set up their trades to accomodate for a turn in fortune. They are in control. Well mostly.

Forex Broker

At the best of times Forex currency trading can be a risky business with a huge potential for profit or loss. As a fulltime trader i have seen the best and the worst that the forex market has to offer, the dizzying highs of large wins, and the gut wrenching lows of people going bust.

You might be a forex trader yourself, or maybe you are just curious about how forex markets work, whomever you are, you need to learn how to seperate the legit forex brokers from the scam merchants. The internet has a great deal of genuine forex dealers offering quality services, it is also unfortunately infected with just as many thieves dressed up as companies who will gladly take your money and then dissapear. This fear of being taken advantage of puts a lot of people off the idea of trading forex, this shouldn't be the case.

Now there are a few key differences between stock markets and forex markets that you are going to have to learn:

1. Forex has no centralised exchange house.

2. Forex trading is 24/7.

3. Forex is a largely unregulated market.

Looking at that list, it kind of seems that the forex market is akin to a wild west town full of outlaws and gunslingers. In this market there is noone to complain to, noone who will hold your hand. So how can you find the genuine dealers amid all the garbage? Do not trust any broker whose reputation cannot be confirmed, and whose company is not tied to the forex market.

The attraction of the forex market can be overwhelming. The scent of huge profits often overpower the common sense of the average person. They enter eagerly, just waiting to invest their life savings.Lying in wait are the scammers with huge promises, they capture the new investors money, and suddenly dissapear.

The good news is, is that many genuine forex brokers do actually exist. Easy-Forex, Oanda, and many more have proven track records that justify their positions in the market. Usually if a company is small, has no affiliation to forex or a financial institution, then stay away. Also a word on looking for reviews about brokers online. You can find honest reviews on forex brokers online, however there seems to be a habit of late of competing forex companies, and/or traders engaging in negative marketing of each other. Dig deeper and you will usually find an honest answer.

So remember:

1. Validate the companies reputation.

2. Make sure they are tied to the forex legitimatly.

3. If the company is small and unheard of, stay away.

4. Finally if the broker has a proven online track record, a legitimate financial institution affiliation, and a few good reviews, give them a try.

Course on Forex Trading

Course on Forex Trading

The term used to describe the trading of the currencies of the various countries of the world is called foreign exchange, forex or just FX. More than 1.5 trillion USD worth trade activities are conducted in the worlds largest forex market. The forex trade is not conducted by a central exchange unlike stock trading. Telephone or electronic networks are used to connect the two counterparts all over the world to make a trade. Moreover the forex market offers several advantages over equities trading.

Moneymaking or wealth creation is the main goal behind any trade. The opportunities in FX are boundless and it far exceeds the slim margins and picks of other markets like equity or share trading. Moreover the risk involved is also much less and to top it all forex trading can be conducted 24 hours a day. There are always buyers and sellers available, who make this trade more liquid and stable among all others. The banks too provide liquidity to investors, companies and institutions.

Just like any other financial instrument forex trading also involves a deep analysis about the fundamental and technical truths associated with the trade. Keeping in mind the general interest of traders looking forward to invest in forex, many forex trading courses are available. The main aim of this Forex Trading Course is to impart the necessary knowledge about the fundamental procedures and tips on better and professional trading policies.

Forex trading courses offer valuable information related to the impacts on global currencies, market risks, market trends etc. it not only benefits the new trader who wants to set foot on alien grounds, but also the existing investors who wish to brush up their tricks of the trade. All the aspects of the forex trading, using the latest software’s and tools are what the Forex Trading course material is comprised of. Step by step guidance on trade environments, technical analysis, risk management, trading rules, global markets, economic and market indication etc are provided along with the hands on practical guidance from the experienced tutors from all around the globe.

Many factors are to be considered before you make a decision to do Forex trading course. ‘Knowledge is power’ for all our daily diplomatic living. Knowledge on what we do and how we do, especially trading will not only enhance our business dealings but will also allow us to differentiate and track down market conditions. Managing our finance wisely will save us the fear and anxiety about our unpredictable and meek future. Forex trading courses often outline these basic business strategies in their course material.

Forex trading courses are available as online courses and also through printed books. Free tutorials and financial guidance is also provided by many web sites. Choosing a professional Forex Trading Course will provide you with details on
• The best time to trade specific currencies like Euro
• How to anticipate movements and trends in the global market
• Which pairs of currency to trade
• Best time to enter the forex market
• Market conditions and tips about efficient trading from experts
• Technical indicators
Overall a forex trading course should be a complete currency trading solution for all the queries regarding forex and its effective trading options.

Winning Forex

It wasn't easy but we did it, $1k to $100k on both demo and live accounts. Let's take a moment to celebrate and then get down to business. There, was that long enough? Ok.

Why did some people make it and other give up or just painfully failed? I have narrowed it down to several reasons. Hopefully you will be able to take these lessons away from this article and impliment them into your own trading.

1. Trading more then 1% a trade.

Seems a little weird that the people who eventually made the $100k only risked a max of 1% of their capital in any given trade? Well thats what everyone who made it did. Trading this amount of capital keeps you in the game if you eventually run into a losing streak on the market. This is a vital piece of information to remember. Even though your profits will be lower then a person who risks, say, 10% a trade, your long term ability to stay in the game is far greater then the 10% trader.

2. Trading more then 3 major currency pairs at a time.

There is no way getting around it, Forex can sometimes be a risky and volitile market. Information saturates the internet about every major currency pair. Keeping track of more then 3 currency pairs will often leave the trader in paralysis of analysis. Personally i only trade 2 majors and keep up to date on those. Being a master of 2 currency pairs is far better then being a jack of all pairs and a master of none.

3. Being lazy and not constantly learning.

People change, and markets based on people change with them. Forex changes all the time, what is a favoured currency, what isn't favoured can change week to week. My point here is not to only trade the news, my point is that the people who succceeded in making the $100k were always shaprpening their skills. This market can make you filthy rich so why wouldnt you spend the time learning all you can about it? I can never understand new traders who read a few books on Forex and think that their learning is finished. If you want to make money off Forex remember this, the cost of trading forex is Capital and Learning.

4. Only focusing on one time frame.

Last but not least here is something we probably all did as new traders. But the sooner you kick this habit the better off you will be. Let me give you an example. If a daily chart is showing an upward trend reversal, but on a 1 minute chart it is showing a strong start to an upward trend, if you are only focusing on the 1 minute chart you are going to lose a lot of chedder. My point here is simple, keep an eye on the overall picture at all times. Use 2 -3 different time period charts for a big picture and then use 1 to make your trading decision.

Forex Signal Provider

you decided to make full time leaving from foreign exchange market? Or you are going to supplement your income from here? You have set up yourself with proper broker available. I believe you spent hundred of hours in front of PC trying to put together all maths and physics involving currency market. Now you watching business news in the morning paper and following CNBC channel to be on the top with latest information from exchange market. You trading your demo account trying to figure out how to make it all work? So? Does it? No?
Face the fact that in currency market all is possible and there is no golden rule to follow. There are so many aspects to consider that you will need at least another head to set this puzzle together.
But do not worry there is a hope that can make it work.
Signal solutions for forex trading. People who traded forex for a long time and developed their own systems to enter and exit with profit strategies. They will share this knowledge with you for varieties of prices from usd49 to usd499 a month for those precious information. Problem is which one will suit you best. Are they scams? How do I know?
For medium advanced forex trader is almost impossible to choose proper forex signal system, which is not a scam, or at least not profitable. There is bulk of forex signals providers out there. They all offer their signal solution to trade currency with success.
Advice is that you will have to establish what type of trader are you? Do you want to trade quickly or maybe over the days or weeks? What losses can you manage and how much money you want to invest.
As long as you know al that it is a time to pick up signal trade provider.
Few things worth researching are: performance, service offered and rewievs of the signal. Search on forum for another users of the product you are interested in and ask for comment. Every profitable system should be up on collective2 with real track performance. Look for service offered. You will quickly find out that only few offer free trail-option to try signals before you pay. Demand performance evidence.
But while doing all that hard work choosing your automat forex signal system remember that you will have to totally follow it without exceptions to make most out of it. Any even small innovation may have dramatic results in your own gains.
Remember that your future profits will depend on your signal provider so calculate carefully and make smart decisions.