Trading in the Forex Market can be very profitable but also very risky. It requires discipline, controlled emotion and knowledge.
In order to make sound trading decisions, one needs to be well informed. Information is key. Both Fundamental and Technical indicators play a role in the often erratic currency markets.
I've found a tool which can help make day trading in the forex market a little easier. It puts more information quickly at your disposal, so you can make the right decisions. It's called AutoFireFX. And specifically, the AFFX Desktop.
It is a software application that runs right on your desktop and includes daily trading charts, calendars, headlines, tools and trading signals. It packages them all together in a pretty neat layout that is simple but very powerful.
The analysis is very sound and there is a seven day free trial period so you can judge for yourself. The key is the desktop does much of the legwork for you so you can save time, focus on placing trades and gain an advantage. Because lets face it, everyone is looking for that slight trading advantage.
I like the fact that technology meets usability with this particular application. If you're anything like me, you want the information you need at your fingertips as fast as possible and in a nice clear format. The AFFX Desktop definitely covers these requirements.
I recommend you give it a try. It's free for a week with no obligation, and I now find it entirely essential.
Mike Sharpe writes Trading Product reviews.
Auto FX provides trading tools to help keep forex traders well informed.
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