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Friday, May 25, 2012

Best Automated Forex System For Big Profits




Having the best automated forex system can mean big profits for your trading account. Trading with one of these programs can also free up a lot of your time if you're currently trading manually.





An automated forex system is a software program that automatically enters and exits trades in the forex market with the intention of turning a profit. When these systems first came out they weren't very profitable, so many traders took them as a scam and continued with their manual trading.





Lately however, the forex robots have been proving themselves greatly among the forex community, and have been making daily profits that manual traders can be jealous of. This has caused a big rise in the amount of positive reviews for these programs, and ultimately the amount of traders using them.





There are now traders that are making profits from the forex market solely from using a forex robot. So now on to the original question of, what is the best automated forex system?





Well if you would like a detailed answer to that question then you're welcome to follow one of the links below. As of writing this article however, I would have to say that the current best automated forex system is the Ivybot. This forex robot really stands out above the rest in the way that it works. It is actually four robots in one, which allows you to diversify your trading to different currencies, and it also receives regular updates from the owners to keep it trading at peak performance.


Saturday, May 5, 2012

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.


Monday, April 23, 2012

How To Find The Best Forex Broker In 3 Simple Steps




Finding the best forex broker can be tricky if you aren't sure what the standards are. For more experienced traders, the instinct to detect anomalies has become stronger due to their exposure in the playing field. This makes them more or less, relatively safe from those that might have the intent to trick them into doing something irrational.





The trouble lies in those newbies that have not yet learned the ins and outs of the trade. The conflict is that they are often have difficulty when finding the best forex broker. This article seeks to shed some light on the matter by providing standards that can be used in order to be able to gauge one's credentials effectively weighing them as truth or fiction.





Internet Ratings


Though it might be very difficult to find the right information, the Internet serves as the widest source for forex ratings worldwide. Economic institutions usually compile ratings of forex brokers listing them in accordance to their rank and appeal in the global market. The important thing to look out for in searching for these lists is the possibility of running across fake ones that are intended to mislead people. The breadth of information is both a good and a bad thing. Though it might be difficult to weed out the bad sources, the richness of information allows you to be able to cross check your research more easily. All you need is to collect a few listings and see the ones that appear prominently. This way you get an idea as to which ones might be the best forex brokers among them.





Dummy Account Performance


Finding the best forex broker can also be done by making a dummy account. This is a method that allows you to be able to experience firsthand how a broker works and thinks. A dummy account mimics that of the real one. This gives you a rough idea of the broker's overall performance in the field. This is also the best place to test whether or not his claims on his performance as a broker are true or not.





Word of Mouth


The last standard that you can use to gauge the effectiveness of a broker is to ask around. The best brokers are usually known in the area where they reside. If you know other individuals who are into forex, it is a good idea to ask them about finding the best forex broker. After you have collected sufficient information, it is then time to make a decision.


Friday, April 6, 2012

The Best Forex Automated Trading System Review




The forex automated trading system is a tool/software which automatically places and ends trades for you in the foreign exchange market. They are able to do this because they keep constant 24-hour access and watches over real time market behavior amongst the different currency pairs and find what they deem as being reliable trading opportunities to invest in, then track those trade's performance along in the market, then when that trading opportunity reverses from your favor it trades away the now costly investment.





With so many different systems available to traders today, this is a review of what is likely the best forex automated trading system.





FAP Turbo is one of hundreds of systems vying for your attention, what would cause me to call it the best forex automated trading system you might ask? My major complaint after testing dozens of notable systems in the past including Forex Autopilot, the father program of FAP Turbo, was that these programs were too aggressive in the trading opportunities which they conquested after. They kept low standards and would oftentimes go after any and all trades in the market regardless of the risk associated with them and would oftentimes end up losing more than they took in of my money.





It is clear to me that the publishers and designers behind FAP Turbo more than kept this in mind when designing their forex automated trading system because this is easily the most conservative and selective system I've ever used. It's fully automated so that after you get the program and after installing it is literally up within minutes looking for trading opportunities.





You have to keep it connected to the Internet 24 hours a day and consequently leave your computer on for that time, as well. As I mentioned in the opening, this is because these forex automated trading system by scouring the market around the clock looking for reliable trading opportunities.





If you can't afford to run the program on your computer around the clock or don't trust your Internet connection, the publishers will run the forex automated trading system from their own servers which they keep and maintain for the sole purpose of running customer's systems for them while you still have remote access from your home to tweak how it trades if you so choose. It is not necessary and the system is fully capable of trading 100% independently of you without your having to set a single thing after getting it, but there are some different features which you can tweak in terms of how it trades if you so choose.





The forex automated trading system keeps much higher standards before enacting a trade. This is evidenced by the fact that I've made money on 18/20 of the trades which it has initiated for me in the two months since I got the program. It doesn't go after overly aggressive and risky trading opportunities and doesn't enact a trade for the sake of doing so. Because of this, its daily trading activity will fluctuate greatly depending on when and where an opportunity presents itself to the program.





All of this combined make this the most attractive system for casual traders without the time to devote to analytics or possibly even trading themselves as well as first-time traders looking to fully outsource their trading work but don't feel like paying out expensive fees and commissions to a full service broker.





It's also important mention is that FAP Turbo comes with an eight week money back guarantee period in which you can try it first hand. I recommend that if you are truly interested but wary at the same time, you should get the forex automated trading system while having this guarantee and run it through a virtual trading account which you can get for free from any online broker site. In this account you can track its gains and losses accordingly which I've done with each of the programs I've tested in the past, assuming they come with this guarantee.


Saturday, March 24, 2012

Best Forex Trading Strategy - The One the Pro Traders Use for Huge FX Profits!




Enclosed we will outline the best Forex trading strategy, for making big profits quickly and the good news is - this strategy is easy to understand, can be learned quickly and is the one the real pro traders use, to pile up huge gains and you can use it too - let's take a look at it in more detail.





This strategy is not popular with new traders and we will look at why in a moment but first, let's look at the logic it's based on and why it works.





On any currency trading chart, you will see big price trends and you will also see that many last a long time. In fact the best trends, last for weeks, months or even years. This strategy is based on how all big price trends start and continue which is in the following way:





Any Bullish Price trend, will start by breaking up through resistance to new chart highs and the trend will continue to do this, as the trend matures and unfolds. If you want to get into all the best trends you need to focus on buying high odds breakouts,through strong chart resistance levels.





The above strategy is both simple and logical and if you look at any currency pair you will see how profitable it is - so why do most traders ignore this strategy?





Most traders ( especially novice traders) are obsessed with predicting the exact low of a trend change but this is doomed to failure, because you have to predict and that's really just hoping or guessing. These traders continually buy into support and hope the level holds, most times it doesn't and they lose.





The trader who likes to get in low and sell high cant take a breakout, he sees the move happen but can't buy it because, he thinks he has missed the start of the move and wants to get in at a better and lower price so what does he do?





He waits for a pull back in price but he waits in vain and the reason is simple - the best breakouts simply don't come back they accelerate away from the breakout point and the trader who waited for the pull back misses a huge profit opportunity.





The professional trader doesn't mind missing the exact low, his focus is on having the odds on his side (which a breakout gives him) and focuses not on what he's missed but the huge profit ahead of him.





Breakout trading, involves looking at resistance levels traders feel are important which have been tested a few times and in terms of breakout trading - the greater the number of tests the better the breakout will tend to be when it eventually occurs. In addition, the wider the tests are apart the better in terms of time.


Generally I look to trade a minimum of six tests and two of these tests, should be at least six weeks apart.





Breakout trading will work, as long as markets trend and of course this will never change and don't' worry that not many traders trade breakouts, because the bulk of traders lose. If you want to win you want to be in the minority so join the elite minority who make money and use, this Best Forex Trading Strategy for making gains in just 30 minutes a day.


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.


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