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Sunday, March 11, 2012

Best Forex Automated Systems - This One is Free and Made Millions in Profit!




When looking for the best automated Forex trading systems, a strong contender is the one enclosed and don't think because its free it doesn't work - it does and has for over 20 years...





There is no question Forex trading systems have a bad reputation and this is down to the numerous junk robots that are sold with track records that are simply back tests and not proven. The system we are going to look at here on the other hand has been used by savvy traders around the world for years and works.





The system we are going to look at is the 4 Week Rule and it was devised by one of the great traders Richard Donchian and since the late seventies it's been at the heart of some of the top traders systems - even trading legend Richard Dennis was a fan so you know your in good company.





The system is incredibly simple and you don't even need a computer to run it - it has one simple rule, so lets look at it.





Buy a new 4 week high and reverse the position when a new 4 week low is hit - keep buying the 4 week high and selling the 4 week low and always maintain a position in the market.





You can't get much more simple than that and but if you think about the logic it's soundly based.





1. it's a very simple breakout system and it's a fact that most major trends start from breaks to new market highs or lows.





2. By its very nature its long term and if you look at a Forex chart, you will see the big trends can last many months or longer.





3. This system as it is always in the market so is guaranteed to put you on the side of every big trend.





It's also got some other great advantages, it's quick to implement about 15 minutes a day max and gives you a set trading signal with no subjective judgement needed.





Despite the fact it works and will continue to work most traders won't bother with it and here are the reasons why.





1. They think its to simple despite the fact it works





2. They want to buy tops and bottoms exactly, despite the fact you can't do this





3. Its to long term and traders always like action and lack the discipline to hold long term trends





4. It's not complex - traders think this increases chances of success but of course the opposite is true - simple systems are more robust.





5. It's not based on fancy theories chaos, neural networks, artificial intelligence etc - these theories don't work in Forex but again traders love them.





6. There is no fancy packaging or a ridiculous name that insinuates taking on and beating the market.





Most traders pick junk robots with simulated track records and fall for the hype. This automated Forex trading system has no hype but plenty of profits and I know which system I would rather have!





The system works and will continue to work and if you are interested in long term profits take a look at it and it can increase your chances of forex trading success.


Tuesday, February 21, 2012

Online Forex Trading Course - Learn Quickly and Risk Free With the Best Forex Courses!




95% of traders lose money and that's a big percentage, so its pretty obvious you need to learn skills and while most traders buy a cheap Forex robot and think there going to get rich with no effort the serious trader, looks to get the right education and he gets it from the best online Forex trading courses - Lets take a look at how they can help you achieve success.





Anyone can learn Forex trading and a system that can make them money and you can research one yourself but the best Forex courses, will give you ready made tools and strategies you can apply right away. Even better, all the logic will be explained to you so you can trade with confidence and discipline.





The best courses provide other benefits in terms of getting you set for Forex trading success:





They will normally, trade the system in real time which will build up your confidence and also, allow you to see just how profitable the trading strategy is in real time trading. The best courses also provide you with a money back guarantee, should you not like the strategy or you just don't want to trade currencies.





The best courses also have 1-on-1 dedicated advisors which you can contact with any questions or queries you may have, while your learning to trade. You therefore, get a complete trading solution which can help you become a successful trader from home.





A typical online Forex course will cost around a hundred dollars and this makes them affordable to all traders and with a risk free money back guarantee, you have everything to gain and nothing to lose by using them.


Thursday, February 9, 2012

What Makes the Best Broker Forex Traders?




The best broker Forex traders look for is one that helps make trading flow smoothly for them. To find such a broker is not too difficult. Talking to other traders is a good way to begin. There are also many articles online with helpful tips about selecting the right broker. Best online forex brokers list is an online review of over 200 brokers. There is a pretty stringent criteria for making this list. Aside from requiring details describing the company like name, address, year of company's founding, year the firm first started trading on the Forex, their platform and their typical spreads, they are required to disclose the maximum leverage they allow. The brokers who make the list are also required to prove that they are regulated by a legimate government agency and show that they have never been sanctioned by that agency. They must be included in the top 25 firms based on popularity and ratings ranks.





The list of the top 25 firms is determined by collecting the opinions of active traders from around the world. The numbers are tallied and adjusted to reflect an average overall number. The final scores are between 1 and 10.





The rank for most popular broker is calculated using the level of traffic to the broker's website and also by the number of trader rankings collected. When traders vote with their money it gives a good indication of the broker's popularity. The ratings and the popularity ranks are totaled to come up with one number reflecting the two components. This is the number used for comparison.





To find the best broker forex traders use recommendations of other traders. One form of broker is the market maker. This broker will buy when you want to sell and sell to you when you want to buy. They make money on the spread between the two prices. Caution should be used when trading with a market maker. Trading with electronic communications networks(ECN) is another way to do business. An ECN matches up trades between to people rather than taking the other side of the transaction. They make their money on commissions.





To make sure they choose the best broker forex traders need to do their own due diligence. It is essential in making money that your trading experience be as easy as possible. Start with a company that will allow you to trade first with a demo account so you can build your confidence before entering the real market.





Believing claims that some brokers make in their advertising can lead you to danger. Many companies promise you success if you just follow their trading programs and let their software systems make buy and sell decisions for you. These companies are scams. To really be a long term success story in the currency markets you must build enough confidence in your own decisions through education and practice that you really only need a broker for the mechanics of the trade. Do not depend on someone else to make you a success. In this market the only true successes are self-made successes.





Accountability and accessibility are two crucial characteristics a trader should look for in their broker. If your broker has both of these qualities you are well on your way to becoming a profitable currency trader. When you broker wants you to be a success you can relax and focus on the task of making accurate trading decisions. Your broker is your partner not your enemy. If this is not the case you need to find a new broker. The best broker forex traders can find is one that supports them in achieving success.





In summary, a trader must connect with a broker that operates on the principles of honesty and integrity and has a complete understanding of the currency trading market. The trader should feel that the broker has his/her best interest at heart. Building a solid long term relationship with each other should be the goal of both parties.


Wednesday, January 25, 2012

Forex Education - The Best Free Sources to Build a Strategy For Success




If you want to trade and win and Forex, you can get all the information you need for free to build a Forex trading strategy for success. Let's look at where to get the best free Forex education...





Let's first of all tell you the places that you shouldn't even consider!





Forex forums are waste of time, only losers hang around them dispensing their so called wisdom, to make them feel better as they can't trade. Another group are the Forex robot affiliates, telling you the route to success is a $100 trading system! Avoid Forums.





Broker research is another source of information you should pass by; if brokers made money, they wouldn't be brokers. Most of the research is designed to open accounts, so it reflects the majority view and that of course is wrong.





Also don't bother with e-books that ask for email address before giving you anything most of the information is common sense.





Now let's look at the good sources and the first thing you need to do is to learn Forex technical analysis, as it's the simplest and most time efficient way to trade.





Simply type in the phrase and you can learn all about it and you should also learn specifically about, over support and resistance, overbought and oversold and breakout trading, as an understanding of this information is the basis of any successful Forex trading strategy.





Next find a good chart service, there are plenty of free ones and look through the indicators offered and learn them. There are numerous ones but any trader should learn these:





Bollinger Bands, the Stochastic, the RSI, ADX and moving averages.





You will then have the basis of a simple, robust, Forex trading strategy you can enjoy currency trading success with.


Saturday, January 14, 2012

Understanding The Best Forex Trading




More people are developing an interest in forex trading on a continual basis. It is thought of as a relatively easy way to increase financial capital. Buying and selling currency pairs is often a safer and more secure form of investment than holding company stocks and commodity shares.





If you have an interest in trading dollars, pounds, euro, yen, and other currencies, before you even open a trading account you should realize that there is no get rich scheme. A slow and steady approach, with a controlled and limited exposure to risk, is generally the best methodology to adapt, and more so at the initial stage.





The temptation always exists to trade excessively, this is not actually necessary to make a considerable amount of profit for the Forex market. With a careful analysis of economic conditions and the latest financial news, it is possible generate healthy returns with only a small leverage.





Unlike the NASDAQ or FTSE exchanges, you do not need to be a professional investor to make the most out of the foreign exchange markets. It is possible to spend weeks studying trends to develop an understanding as to which currencies should be used the most and which are best avoided. Learning how to anticipate a drop or rise in currency is the strategy that can allow for success to be achieved with the least amount of effort.





If you are to generate the type of revenue that you desire, it is useful to choose a platform that is reliable and easy to use. Forex trading can easily be carried out from the comfort and convenience of home, all that is required is access to the internet and the right trading platform.





It would be useful to compare the different platforms that are available, and choose the software that best suits your personal demands and expectations. The platform should not only provide a way to buy and sell currency pairs, it should also be a medium through which you have access to the latest analytical data, both in graphical and tabular form.





Before you start to use your own hard earned money, spend time practicing with a demo account. By doing so you will be able to get a feel for the platform you use, and also develop an understanding of when is the best time to make trades.





If you are interested in buying and selling currencies on a part time basis only, you should still be able to increase your capital. As the markets stay open twenty four hours a day, even if you are already in full time employment, you can check out the Forex markets in the evenings on whenever you are free.





Though forex trading may seem relatively straightforward, it is still important to develop an understanding of how the markets work. Start off slowly and you should find you gradually develop the skills necessary to maximize profits and reduce the potential for loss. Over time you will have the knowledge to increase your savings considerably.


Monday, January 2, 2012

What Are the Best Forex Trading Tools?




Some of the best forex trading tools are standard indicators which have been around for years. You may be surprised at just how effective and widespread these basic indicators are. Two of the best tools for trading any markets are moving averages and momentum based indicators. They may look simple, but in the right hands they can prove invaluable to your trading career.





Moving averages have been around for many years, but this doesn't make them any less useful. The most effective and best moving based averages is a simple moving average. There are many different kinds of MA indicators, but only simple moving averages are used by large corporate market players such as banks and hedge funds. One of the main uses of these indicators by the professional market traders is to help them identify the trend.





Momentum based indicators are the second best tool that any trader should have in their trading toolkit. Momentum indicators measure the momentum in the market. Momentum precedes price. This means that when used properly momentum indicators can warn you in advance of possible future price movement. Some of the best momentum indicators are the stochastic and relative strength indicator.





There are a lot of different forex trading tools available today, but some of the best tools for any trader are those that have been around and used by traders for years. Moving averages and momentum indicators are used widely and with great success by profitable professional traders at banks and hedge funds still today.


Friday, December 23, 2011

Best Forex Training - How to Learn Proven Forex Strategies Quickly and Risk Free!




If you are looking for the best currency trading, you should consider using a Forex home study course which will teach you all the skills you need to win quickly and even better, all the best courses offer you a money back guarantee if not delighted. Lets take a look at the best currency training and how a course, can get you on the on the road to Forex trading success.





In a market where 95% of all traders lose, you need to get the right education to win and a good course will give you all of the following





- You will learn proven tools and strategies from professional traders and learn how and why they work to give you confidence, in there ability to make you profits in the market.





- You will see proof of how successful the strategies are by following the vendor trade them, in the market in real time in daily updates.





- You will have on hand, experienced advisors who are there to answer any questions or queries you may have as you learn the basics of successful currency trading.





- Most courses, will also give you money management strategies and show you how to trade with a disciplined mindset and keep your emotions out of your trading.





Forex trading is an exciting business and it can make you huge gains, if you have the right Forex training and as courses are affordable ( Costing around a hundred dollars or so) and you can get your money back if not delighted, there is no better way to find out if you can succeed, in the world's most exciting and lucrative business - trading global FX markets online.


Monday, December 5, 2011

Best Forex Software For Consistent Profits




Please read very carefully what I will share with you in the next few lines, because the quest for the best forex software can be a very disappointing one if you start looking in the wrong places.





The first and natural question you might have about this subject is whether a software can actually help you or not achieve the goal of a successful forex trading operation.





The answer to that question is, without a doubt, a big yes. However, let me warn you that very few forex softwares are reliable enough to trust them with your investment. This I had to learn the hard way, but thankfully I am still sanding and very tall I might add.





Now, which is the best forex software?





Before we get to that, you must know that there are basically two types of forex softwares, and which one is the best will be determined not only by its reliability and performance but by you personal situation.





There are forex softwares designed to provide you with trading signals (usually entry and exit points), and there are some of them that really work like a charm, but I personally don't like the fact that you need to be very attentive of what is happening within the forex market in order to take advantage of the good entry points signaled by the software. So achieving consistency with one of these systems is possible, but you have to dedicate some good time during the day, which is fine if you have it to spare, I just don't.





On the other hand, there are forex softwares designed not only to determine the best entry and exit points during a trading session, but also to place the trade orders and close them automatically for you. This means that you can profit all day and all night long without having to do absolutely anything, because in this case the software will do everything.





After having the chance to see first hand how both systems works, my verdict has to go in favor of the fully automated option, because it delivers the same great performance as the best forex trading signal kind of sofware (over 90% winning trades on average), only it goes completely on its own (that my friend is really sweet).





Indeed, if both softwares can deliver the goods, I will go for the one that demands less from me, so the best forex software has to definitely be the fully automated one.





Therefore, if you are thinking about starting a new forex trading operation, or simply want to enhance your current performance within the market by getting the help of the best forex software, I advise you to go for the automated option as this will save you costly mistakes and will increase your chances of catching the best entry points during the day or night, no matter how busy you are.


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