Best Forex Courses, Trading Strategies and Robots

A lot of people want to find the best forex strategies and trading courses to help with their trades. One of the most cutting edge solutions is to buy a forex trading robot. A forex trading robot is a software program that works directly with the trading platform to buy, sell or hold positions. It takes human emotion out of the equations and relies on the predictive value of market trends. The robot attempts to make more positive trades than negative and therefore increase the value of the account by the end of the day.

Working solely with numerical data, the robot manages the trades from beginning to end. This may reduce the amount of time and effort the trader has to devote to his or her account on days of active trading. The program makes these decisions based on factual data it has gathered about the markets.

Human emotion is almost unquantifiable. The goal of the robot is to remove it from the process. Trades are made based on data, not intuition, hunches or feelings. This also reduces the chance a trade may be placed based on an error in understanding the data, which can potentially happen to anyone.

The software creates projections based on short, medium or long term trends of certain currencies. Stop losses are commands to sell if market trends reverse unexpectedly. This limits the amount of risk a trader must incur when holding an active position and the amount of money that can be lost at any given time.

When there are discernible patterns in the data, the robots will buy or sell positions. This eliminates the chance that a person will panic or freeze when market changes occur without warning. This also takes out the speculative element.

So, you can learn more about forex training robots on the Internet. These may be the best forex strategies and trading courses for you right now. Check them out today. I am personally making more than 10%-20% a month consistently using a Forex automatic trading system that I found online which you can find out more about at my website link below.

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FAP Turbo - Useful and Practical Tips When Seeking to Engage the FAP Turbo Robot

Planning and preparation is always an important part of any battle or endeavor. The success of an attack, encounter or task is partly dependent upon planning and preparation. Its role is as vital as the actual execution or encounter. This also holds true in forex trading. As you plan and prepare, consider these useful and practical tips before letting your FAP Turbo robot fight battles at the forex arena.

Prior to purchasing your robot you should have determined that this is the robot suited for your needs. You can do this by reading reviews and write ups on robots; attending conferences, seminars and bazaars; and, by partaking of the free trials offered by software and trading companies. Once you have chosen your robot, your study on the software does not end. Continue to attend meetings and read about your chosen software. This is the only way you can maximize your robot by learning more and more information about it. Reading and attending meetings will also keep you updated on current trends and updates regarding your software.

Before anything else, find a good broker. Consider your broker a partner, so find someone trusted by the developers of the software. Aside from working with you, he can give you more information about your software.

Upon purchase of the robot better familiarize yourself with it. Key in the needed settings. The first and most important is the time setting. Through your readings you would have gathered the best time to execute trades, use this to your advantage in keying in your GMT offset. The second important setting is the risk option. Determine your risk tolerance and choose the risk option best suited for you. There are four risk options: high, medium, conservative and high conservative. FAP Turbo Experts advise that you choose one that you are comfortable with.

The next step is to gear up and gather all your confidence for trading. Try to do experimental trading with just small amounts of money. Pay close attention to the currency pair that is best suited for the current market environment. This will give you an advantage of higher yields. Once you have determined the best currency pair then you can use larger amounts of money to trade.

Most of these tips can be used with other robots, the software settings may differ slightly.

Top Forex Robot: As Seen on CNN, CNBC and FORBES Money
If you'd like to try an Automated Forex Robot that has been proven on video to double the deposit of my trading account in under 1 week, visit my site and see the Top 3 Forex Robots and learn how you can TRIPLE your Forex Account within a Weeks! Get the Latest Version of All Forex Trading Robots Via my Forex Robot Review sites. Updated Daily! Also See: Best Forex Robot Reviewed



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Profit Through The Latest Forex Market News Today

Trading within the forex market is not always going to be difficult. In fact, most traders have found great success and profit through the latest forex market news today. Do not leave any trading stone unturned. There are so many excellent tools and tips that can be used to boost up the investments.

Any and all outlets may be found through the use of the internet. There are so many trading sites and resources that are going to connect traders to top news that make them money. Search and there will be much information to be found as well as tips that will set any trader ahead in the market.

There are also brokers that may be looked into for extra help. Professionals such as these have websites put up for services as well as telephone numbers and offices to be reached at. Pay a small fee for advice or just get in touch to ask a few simple questions. A small price to pay is worth it if it sets a trader up just a little bit. Again, another search is going to help plug traders into a great deal of licensed forex professionals.

Specialized websites have been developed in order to connect people with the necessary and latest forex market news to get on board with. A simple free membership is all that is needed to get in on these secrets and trading tips. Sign up with a few different trading sites and updates will be pouring into your email account.

Newsletters are not old fashioned and can also be sent to email accounts that are valid and open. Traders can check on a weekly basis in order to check and see where the best forex news may be found and how to make a higher profit. It is essential that these tips are taken advantage of so that the best profit can be pulled in.

There are cell phone text message updates that can also be found. If the current cell phone carrier has the capability on the network, the trader will be able to text a trading code and there will be many great text messages to come. This is a great way to get on top of the market and never miss a beat.

In order to make money through forex trading, the latest forex market news needs to be located. Emails and text messages are always going to help give traders a boost that they need to make decent money. The market is available any time of the day so start trading and get the top tips right now.

Do you want to know how to really make more profits with forex business? Make sure you get fresh currency updates ahead of everybody else. Go here: Forex News

Also, you need to know how to read and analyze the trading market well. Learn Forex Trading.


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The Professional Forex Trader Robot Review

Before we get to the professional forex trader robot part, it's important to understand how the forex market works. It's also important to learn why a robot needs to replace a human trader. The robot is actually a script coded with a forex trading strategy.

Forex trading is a vast subject. But to sum it up in a nutshell, what happens is that currency traders buy and sell specific currency pairs and earn money from fluctuations in relative currency values. Buying into a currency pair is called an enter, and selling the position is an exit.

This is where the robot comes in - it can automatically enter and exit trades without need for human intervention. The trader finds a robot that has a script matching the trader's strategy or favored currency pairs. The trader then uploads the robot script to the trading platform (Metatrader) and leaves the PC on 24/7.

Knowing when to enter and exit trades is the most critical part of forex trading. So it is important to choose a robot that is bug-free and works as promised. The robot is not actually meant to completely replace the trader, but merely to supplement said trader's efforts.

The forex market operates across time zones, so all the robot is required for is to replicate the trader's strategy during periods when the trader is not around. Dozens of good robots and forex robot review sites are available to help find the good ones. It's easy to find one which matches.

Also to be noted that good robots will prove very useful in the initial period after they're put out on the market. Once the robot becomes too popular, it generates clones and it gets harder to make the same kind of automated profits as before. It is, therefore, just as important to keep an eye open for the professional forex trader robot that's about to hit big time. I am personally making more than 10%-20% a month consistently using a Forex professional automatic trading system that I found online which you can find out more about at my website link below.

Do you want to learn about the Best Professional Forex Trading Systems and Robots? Read the author's review of the Top 5 Forex Trading Systems on the web at http://www.review-best.com/forex-trading-robots-download.htm first!


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FAP Turbo's Promises - An Awakening From Dreams to Reality

There is a marked increased in the number of people engaging in trades at the foreign exchange market. This is a good indicator of the expanding acceptance of people that forex trading is a good means to increase income. The main reason why people are going into trading is to obtain an increase in income and savings. This is an additional income earner outside the usual employment setting. For most of the newbies or new comers this is the case. This scenario became possible by the creation of robots that engages and monitors trades even without the assistance and supervision of the trader. These are fully automated software robots.

One of these is the FAP Turbo. Like all other robots the FAP turbo promises to bring in increase yields by the thousands. The feedback from one trader to another are claims that is so unbelievable that others condemn the testimonies as scams or downright fraud. What is the real deal? Are all the rumors dreams that cannot be attained or dreams that become reality?

If your dream is to become filthy rich, well that will stay a dream unless you trade by volumes, have a reliable robot and you yourself is actively participating in the trading. For some of us who have the luxury of time to learn trading or you plan to make this your profession and you have the money to invest plus a good robot then definitely your dream will become a reality.

So, if you do not have the time and the money the dream of being filthy rich will remain a dream. But with a good robot working for you plus some of your savings, you just might be able to live better, pay for health care needs and put some away as your retirement fund. Besides after you have downloaded the software robot and have installed it you would not have to monitor. There is very little effort on your part and yet you will be earning. This is the awakening that most of our fellow newbie traders have to realize as early as now. This is reality. It is not as glamorous as we would dream of but at least this extra increment will help ease our burdens.

Top Forex Robot: As Seen on CNN, CNBC and FORBES Money

If you'd like to try an Automated Forex Robot that has been proven on video to double the deposit of my trading account in under 1 week, visit my site and see the Top 3 Forex Robots and learn how you can TRIPLE your Forex Account within a Weeks! Get the Latest Version of All Forex Trading Robots Via my Forex Robot Review sites. Updated Daily

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Keep Looking For The Latest Forex Market News

People today are always looking for the latest forex market news. There are many great portals and outlets that one may be connected to when looking in the right places. This guide is going to help set investors ahead and make a decent amount of money. Pay attention and take notes to seek the right news available.

Of course the internet will always be the best place for the latest news. People always log on to the top news sites in order to get up to the minute news and breaking coverage. When it comes to the forex market, the internet is going to have the latest news that is needed to stay in touch and keep making money.

A forex professional or broker is also a good resource to turn to. These professionals will usually talk over the phone or chat online for a few minutes at a time to get the latest forex news. Take note of what they say, this way you will always be one step ahead and apply what they say to the investments made.

Various trading sites will help to extend the online search to get better news. Other traders can speak with other traders online as well as get updates through emails whenever they are at their computer. This helps to make trading more convenient and allows traders to break free of computers for a little while.

Newsletters are also going to help extend the right kind of forex trading news. Again, these publications may be found online and they may be sent to a valid email address. Sign up for weekly updates or even quarterly updates to stay in tune and know what is going on with the market at all times.

Using the cell phone as a way to get the latest news is also going to be beneficial. Some sites or companies will give out codes that traders can text to in order to get updates sent right to the phone. When news breaks, all traders who have signed up for this cell phone service will know about it before anyone else does.

The latest forex market news is always just around the corner. As long as the proper outlets and websites are found, the news is going to be quite useful. Get onboard with the best new outlets today and the best investments will be shown to the right traders.

Do you want to know how to really make more profits with forex business? Make sure you get fresh currency updates ahead of everybody else. Go here: Forex News

Also, you need to know how to read and analyze the trading market well. Learn Forex Trading.


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In What Way Kishore M Methods Help Out Others

Kishore M is the CEO and founder of PowerUP capital that is situated in Singapore. He is proficient in money markets and will look after what are his seven major trading methods. You can see how the power of compounded income works. You stick on these methods and make money what you used to dream about in your life. He helped many people to attain their goals in the trading market. You can make lot of money doing this, and it will become your full time business. He conducts more seminars on currency trading as well he publishes weekly trading for his old students. Furthermore, he has an online forum, chat room where his student will clear their doubts and share ideas about trading.

He has developed a huge number strategies in this field, and he has framed a course. His interviews are telecasted in many channels. If you are starting out your career in currency trading it is more important that you should have basic knowledge about this firm to put most of the investments. Chat rooms and forums are used to clear trader's doubts. These are managed by top rank students.

Today, money trading experienced unusual growth because of the internet revolution. The traders will get benefits from joining an online community. They will discuss ideas and thoughts about currency trading. He conducts courses and seminars for traders all over the nation. Many of his students are members of his forum. They will exchange the tips and insights on each other's queries. The retail investor is easily able to trade through online currency trading programs.

His several articles are published in the magazine. He managed many professional traders in OTCEI Exchange. Many of the professional traders have acquired several currency robots. His currency robot is the good one for trading in foreign Exchange. The articles are published many times in Middle East News Papers and Singapore Stock Exchange Magazine. He framed a money trading robot called Europe Wave. He is very much aware of fall and rise of currency market. This will examine all the actions in the money market. This will need many disciplines to make money. It has designed to check the status of the market.

Get $50,000 BONUS When You Grab The Forex Course by Kishore From His Exclusive Trading Bonus Site!

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The Professional Forex Trader Robot

Before shelling out for the professional forex trader robot in question, it might be a good idea to understand a bit more about how the forex market works, and where the robot fits in. It is also important to know how the robot works. It's a piece of script that come pre-programmed with a trading strategy.

There are entire books devoted to the forex market and trading. But the bottom line is that a trader buys and sells currency pairs, and pockets the difference arising from changes in currency values. When a trader buys into a currency pair, that's an enter. When the trader sells it off, that's an exit.

What the robot does is enter and exit trades on its own, based on the encoded trading strategy. All the trader has to do is choose a robot that facilitates automation for the currency pair in question. Once the robot script is uploaded to Metatrader (the trading platform), the trader can leave the PC on and the robot will enter and exit trades 24/7, as per the strategy programmed into it.

This makes it essential that the trader choose a robot that is professional, reputed and bug-free. It's not humanly possible to keep track of all the data and enter and exit trades all the time. So the robot should function in a way that supplements the trader's efforts and existing strategy.

It's not so hard to find such a robot, because there are dozens of choices. There are even review sites that offer detailed information about each robot and its capabilities and drawbacks. Most well-programmed robots usually work well in the initial period after launch, when it's an open secret.

As the robot gains more attention and market share, it becomes more difficult to make heavy profits. This is why it's important to keep an eye open for the professional forex trader robot of tomorrow, because the field is constantly evolving with new strategies and new robots coming in to the market. I am personally making more than 10%-20% a month consistently using a Forex professional automatic trading system that I found online which you can find out more about at my website link below.

Do you want to learn about the Best Professional Forex Trading Systems and Robots? Read the author's review of the Top 5 Forex Trading Systems on the web at http://www.review-best.com/forex-trading-robots-download.htm first!



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Foreign Currency Exchange Broker

Forex, foreign currency exchange market is the biggest financial business in the world. Forex is dealing with millions of dollars every day and the constant change of currency conversion rate is main factor of this currency exchange trading industry. The trading is done between financial institutions, banks and governments and it was not open for the public for a long period of time, it has only a trade between high level institutions. Later Forex was launched to the public.

As an Individual, you cannot trade directly in this market; you can only participate through foreign currency exchange broker or banks as they are the smallest element in the industry. Many companies start foreign exchange brokerage and in this industries you don't need to provide any commission after selling. The brokers make profit by helping their clients buy and sell currencies.

Using a foreign currency exchange broker means you get the most out of your foreign exchange transaction and the benefits are:

* You get the best foreign currency exchange rates that is available
* You get much better deal on foreign exchange than you would with any bank
* You are not charged for a high commission fees and there are no other charges
* Foreign exchange broker will help protect you from adverse exchange rate movements
* It will guarantee you the fastest available international payments
* It will provide you more proactive account management and better customer service
* Foreign currency exchange broker will have unrivalled knowledge of currency markets and trends

What does exactly foreign currency trading broker do?

First you need to understand one thing that separates a foreign currency exchange broker from seller and buyers; they act as a mediator or link between buyers and sellers and they are not the ones that have the currencies. They are not the person who converts values and they are not the ones in charge of keeping it as well.

He knows when the best is and when it would be the best time to sell and identify profitable ventures in the market. With growing technological and Internet software industries foreign currency exchange brokers are aware of new forex technology that makes the whole process of trading much efficient. This is also the reason why certain forex system has been purchased trough brokers. Some of them end up creating such a system based on the combination of their own knowledge and industry insight with old age forex trading methods.

Forex broker often starts like any typical forex interpreter. They used to be buyers and sellers themselves. You have to start from the bottom if you really want to become a forex broker. You must study it from the lower class and only that way you can understand completely what happen to a buyers and sellers and this is the only way to understand it completely. When you start from the bottom you need to find your way to rise up and be able to learn how to do it.

Today, in 2010 internet era anybody can enter into this foreign currency exchange market. This type of trade has become popular work from home business for many individuals. As you can enter into the foreign currency exchange market only trough brokers you are free from the hassle of actual selling and buying currencies. All you need to do is manage your forex exchange account with the broker and watch the industry and trade at the right time. If you are able to follow the change in the conversion rate and determine the currency that is about to increase in value, then you can make good money income from the forex.

My name is Goran and I come from Croatia. It's already 5 years that I'm involved in Internet business and last two years in Forex trading system and I start with just one dollar. I am a person who wants to make money in the easiest way that exist and I go for the Forex Automoney. With Forex Automoney I start to trade like professionals do. http://www.AffiliateBuz.com



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Why Should You Use Forex Signals in Your Trading?

Forex signal is a software or a program which keeps track of your of your recommendations to the subscriber. It keeps the details of the market and tells you about the trades. To get the forex signal alert first thing you need do is to sign up to a trading site and register your self

Forex signals keep the track of the market for your trade. It does not matter where are you can receive immediate notification through your mobile and through your e- mail in real time. This immediate notification will stop you from losing and will make profit for you. When you receive an immediate notification on your mobile you can log in to your account and trade for your recommendations.

If you feel not to trade you can step back. Again this forex signal will notify you about the latest upcoming updates and announcements as per the market. If there is any progress in trade then go ahead. It stops you to spend so much time during your all day looking for your trades. It keeps checking the chart for the upcoming updates and announcement you don't need to think about it.

There are many sites available for forex signal. This forex web sites work on any platform and on any web browser in your computer. Forex trade signals alert are available on any mobile over this world. Even you can get the entry stop and profit price notifications also on your mobile. Forex signal works for 24 hours a day and 7 days a week. The timing of receiving of the notification may be different because signals have been sent to you only if there is a trading opportunity available. In most of the trading sites you will get a chart so that it will be easy to view and understand the signal.

Forex signals are real time indicators for you to earn profits in the forex trading. For more details you can visit http://www.forexsignals.org



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Candlesticks Or Technical Indicators For Exits?

In the field of trading, I am sure all of you should know the candlesticks and technical indicators provided in trading charts. Many of us have our own unique style of trading the market. Often those who used technical analysis, most definitely or likely will be using candle charts.

Candlestick charts provide much more information and are pictured easily for traders to identify candle stick patterns. These candlestick patterns allow traders to spot turns before potentially large moves. For technical indicators, it is a reflection of the movement of the past candles and provides another wealth of information on past history patterns of the market.

So you may be thinking, do I stick to just candlestick trading or using just technical indicators for analysis? Well, for a start, most people are using candlesticks in a wrong manner. One of the most dangerous and misuses of candlesticks is trying to use them as a standalone trading system. Candlestick by itself is just a trading tool and not a trading system. That is why there shouldn't be a preference of candlestick or technical indicators.

Both of them must be used together to gather information and also as confirmation for your intended trades. Well it is true that some people whom I've met are better at just using one of these tools but it is just the minority. If you are just starting out, you may want to incorporate both of these tools into your trade analysis where you will be sharpening your foundation in recognizing common candlestick trend reversal patterns together with technical indicators patterns.

With experimentation through your demo account, you can find out a set of suitable technical indicators that you are comfortable in applying to your trade. Candlestick patterns and technical analysis not only helps you in identifying trade entries but also trading exits. These trading exit strategies must be learned and developed by you to suit your trading plan.

Though in general, there are many ways to formulate your exits like for example having a take profit target or shifting your stop loss manually closer to the price action in order to secure profits, it is often a tedious way to do.

Having the combination of candlesticks and technical analysis, you can pick out the perfect spot to exit your trade without risking too much of your profit lost to the market and riding the trend till it dies out.

So in short, always have your foundation built up in candlestick patterns and technical analysis, experimenting with several combinations to develop your set of entries and trading exits strategies.

Charlie Ng

"Introducing 11 Exit Strategies, What Every Disciplined Traders Need... Go Without It You Could End Up Being A PIP VICTIM Just Like Thousands Of Traders Out There."

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Use a Currency Trading Tutorial For Better Trades

Making the decision to either enter the Forex market or to avoid it altogether can come down to your understanding of how this dynamic market works and how you can profit from it. Taking the time read and study through a good currency trading tutorial can make all the difference. Even if you are a seasoned Forex market investor, taking the time to review the basics can really improve your trading. The combination of your trading experience plus a solid understanding of the basics can propel your trading to new heights. Just because you're an experienced Forex trader, don't overlook a good review of the information that made you what you are today.

The Forex market (also known as the currencies market) has become very popular in the past decade. This market was previously the exclusive domain of large, institutional investors. All of this has changed in recent years with the advent of the internet and online brokerage accounts. Now, anyone with internet access can easily create a Forex trading account, fund it, and literally start trading in just a few minutes' worth of time. Since it's now so easy to start currency trading, many people who jumped into the Forex market have become discouraged with a series of losing trades. It doesn't have to be this way. Those people who take the time to study a basic currency trading tutorial will clearly be much better off than those who do not.

Fortunately, it's not that difficult to find a good currency trading tutorial. The popular investing web site, Investopedia, for example, has an excellent tutorial on this lucrative investing market that anyone can access free of charge. The free tutorial is an excellent introduction to the Forex market, its jargon, strategies, and other pertinent information you'll need. If you want to take it a step further (highly recommended), you'll want to read through a good book on the Forex market. A great book to start with is "How to Make a Living Trading Foreign Exchange: A Guaranteed Income for Life," by Courtney Smith.

Yet another great source for a currency trading tutorial is the online Forex brokers themselves. These brokers have a vested interest in your trading. They want you to trade frequently and to be successful in your trading since they make a commission off of each trade. As a means to this end, almost all of the online Forex brokers have created tutorials you can access, whether in print or video, to learn all about this great market.

Regardless of whether you are a seasoned Forex trader or someone who is new to the market, finding a great currency trading tutorial is not that hard. Definitely take the time to review one or more of these great resources before beginning your Forex trading journey.


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Forex Signals Can Easily Increase Your Trading Potential

Forex trading or also called exchange of foreign currency in international market is certainly the biggest trade on this planet where approximately 3 trillion dollars are on continuous move or are traded daily. This figure is several times of the stock exchange. In Forex trading the key role is played by signals known as Forex signals which are surely the major deciding factors on foreign currency exchange.

These currency trade signals have large amount of information which is directly extracted from various trusted trading resources. Previously trading Forex was a big headache as accurate information was not available during the trading and all analysis was going mayhem. Forex trading depends on accurate information and in perfect timing which was not fulfilled because of receding technologies like landline telephones and radio. But today the scenario has completely changed, with the advancement of technology and with the role of internet today, this information regarding Forex trading which is obviously forex signals are at our fingertips and many beginners in this arena can also benefit from this latest technology.

For a Forex markets to work smoothly the basic building blocks are the Forex signals because if these signals are ignored then the possibility of certain failure in Forex market increases rapidly. This will certainly result in a very complicated situation where generating a good income from the Foreign currency exchange becomes nearly impossible. Therefore the Forex signals play a very important role for the Forex traders who use this information for building an insight in this trade as these signals convey the message to the traders about the current situation of the market and helps in deciding the trader about its position.

Nowadays these forex signals are available easily on software platforms which provide an excellent medium for the beginners in this field. It is absolutely correct that these forex signals are the starting point for every trader because each and every deals or trades associated with this market directly depends on kinds of signals they convey to the traders.

Forex signals are real time indicators for you to earn profits in the forex trading. For more details you can visit http://www.forexsignals.org


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Three Tips For Selecting the Best Forex Program

A forex program is a smart tool to use if you don't have the time or experience to devote towards currency trading. This is technology which carries out every aspect of trading on your behalf. For this reason, this technology is heavily marketed towards more casual and less experienced traders in the market. With so many different programs, this is a guide to picking through the lemons and selecting the best forex program.

First you should absolutely make sure that the program you go with has a money back guarantee on as this is a mark of the best forex program. If the publisher doesn't back their program with this guarantee then that should raise some serious questions up front. This guarantee also enables you to try the program first hand and run it within the confines of a safe virtual practice account which you can open for free from any online broker.

Customer support is another mark of the best forex program just in case you ever have any issues but also it's important to know that they value your opinion of them enough to respond quickly to any concerns you might have. Sometimes if they don't have phone support I'll e-mail them and let them know I'm interested in their program and then see what kind of time it takes to respond on their side.

Also important is that you go with a more conservative program. I'm talking in terms of how it trades as the more conservative programs are typically the newer programs which keep much higher standards which a trend must meet before it will invest any money and consequently makes for the best forex program. I've had bad experiences with more aggressive forex programs which go after any and all trades in the market regardless of the risk associated with it.

Even if you're fresh off the boat when it comes to stock investing or you don't have the time to devote to it, if you're ready to realize your financial independence I highly suggest you give the best forex program out there a chance.

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Metatrader 5 Brokers

Metatrader 5 Trading Terminal is the latest version of the popular forex trading platform produced by MetaQuotes, the company behind Metatrader 4 and MQL4 development environment. It will support all forex industry standards and feature improved performance and high working speed, new timeframes and order types and the possibility to trade on futures and stock markets. Metatrader 5 has also a build-in NFA ruling compliance support. The new regulations are prohibiting traders from hedging (having long and short positions open on the same currency pair at the same time). This means that hedging is disabled and multiple positions will be consolidated into one netted off trading position.

The lack of hedging support is bad news for traders who use order hedging within one currency as part of their trading strategy or expert advisor trading. Currently, only Metatrader brokers in US are affected, but moving trading accounts from US to other countries where hedging is still allowed is pointless because many Metatrader brokers will soon start switching to the new Metatrader 5 platform. This is a great benefit for the retail forex market makers ( Metatrader brokers and dealers ) because when a hedging loss is made, the profits go to the market makers and not traders.

Metatrader 5 will also have influence on broker dealing desks which may become fully automated. In the past forex dealing desks could be spotted out by using program execution delays. The new Metatrader 5 terminal is much faster and designed for the forex brokers to make more money from the trades. It may also become easier for the Metatrader brokers to use the so called "virtual dealer" plugin.

Metatrader 4 is used by more than 300 brokers all over the world. With the new Metatrader 5 software, this number will definitely grow higher. A few months ago Alpari Russia, a Metatrader 4 broker, announced the upcoming availability of Metatrader 5 for its clients. Two weeks ago, the leading broker FXDD also announced the launch of the Metatrader 5 platform, a demo account is already available. According to many traders, FXOpen and Broco will also offer Metatrader 5 for their clients because both of the brokers are known for being innovative in their approach to forex traders and both rely heavily on MetaTrader software and its features. It is also expected that some brokers will give their clients the freedom to choose: stay with Metatrader 4 or upgrade to Metatrader 5.

One of the disadvantages of Metatrader 5 is that the MQL4 developing environment which is used to produce trading indicators and expert advisors is not compatible with MQL5. This means that all custom MQL4 code must be rewritten in the new programming language which is very time consuming. If, however, there will be a software tool to convert the existing indicators, scripts and expert advisors from MQL4 to MQL5, the process of introduction of the new Metatrader 5 platform to clients of brokers who use Metatrader software will be much smoother.

You can read more about Metatrader 5 brokers here: Metatrader 5 brokers and here: Metatrader 5 strategy tester


SOURCE:
http://ezinearticles.com/?Metatrader-5-Brokers&id=4739341

Forex Trading - A Real Potential

Today the Forex trading practice has become quite popular in comparison to what he was earlier. Many people have finally managed to realise the Forex trading is a great way to make enough money. The best part about Forex trading is that it brings in enough flexibility to its users. There are so many people who are are using Forex trading to make money from their homes. However to ensure that you follow the right means and the right methodology to earn profits you need to be well aware of the Forex trading tips.

The first and most essential amongst the few Forex tips is go by a procedure that is simple and easy. Jumping into something complicated might make this whole setup more of a hassle to you. More so the individual in such a mess might lose out on an actual opportunity. One has to be a little realistic when it comes to a trading of this stature. Many wish to hit the bull's eye in the very first time, but being unrealistic is close to being childish which will not favour you in any way.

Patience always is called upon when you wish to succeed in any field. The same applies to Forex trading. You need to start off at a slow pace and get settled in. As and when you are getting to know more about trading you can progress ahead. It is advised not to invest all of your money in one go just to make large profits. Money management skills are essential and if you are polished with that skill then you can be very good at this means of trading.

Third and most important tip is that when you using sources like internet to know more about Forex trading, be sure of the reliability of that website. Chances are that you are being duped with false information just to earn money. Many who are new to this field would try and gain as much knowledge as they can about Forex and end up looking up for online Forex trading tips. Some websites can come up with genuine piece of information and news.

Thanks to Forex trading the economic scenario has changed and it is for the betterment of its people. India as a nation has relatively got itself blended in the colours of Forex. There number of traders in India is on the rise, realizing of what it has to offer, many are taking utmost advantage of such a form of trading. People are well versed with the kind of trading Forex is, and more so there are many who keep a good track of the stocks and shares. Information related to those shares, their rise and falls etc. With the amount of potential India showcases, Forex traders in India can be very well reap the benefits.

If you are a beginner you must be sure of what Forex trading comprises of. You need to come up with a trading or a demat account and based on that you need to introduce yourself as a stock broker. As soon as you become a broker, by staying in touch with the figures of the National Stock Exchange and Bombay Stock Exchange, you can have a better grip over the processes of Forex. Apart from that being updated with the information and general tips is always a plus point. In most cases people actually fail to come up with Forex trading is because of their lack of knowledge, without which they end up investing more than required and with lack of skills of management they tend to lose out all on it.

FXCENTRAL is a leading Forex Traders in India established with the goal of providing a wide array of trading products to individual traders, fund managers and institutional customers,also provides Online Forex Trading. Also they are Best Forex Broker in India.


SOURCE:
http://ezinearticles.com/?Forex-Trading---A-Real-Potential&id=4738259

Speculating on the Currency Market

While financial and commercial transactions in the currency markets represent enormous sums, they still are insipid in comparison to amounts based on speculation.

By far the bulk of currency trading volume is based on speculation - traders buying and selling for short-term gains based on minute-to-minute, hour-to-hour, and day-to-day price fluctuations.

Estimates are that around 90 percent of daily trading volume is consequential from speculation (meaning, commercial or investment-based forex trades account for less than 10 percent of daily global volume). The depth and breadth of the speculative market means that the liquidity of the overall forex market is incomparable among global financial markets.

The majority of spot currency trading, approximately 75 percent by volume, takes place in the so-called "major currencies," which represent the world's largest and most established economies.

Furthermore, activity in the forex market frequently functions on a regional "currency bloc" basis, where the greater part of trading takes place between the USD bloc, JPY bloc, and EUR bloc, representing the three largest global monetary regions.

Average daily currency trading volumes exceed $3 trillion per day. That's a mind-boggling number, isn't it?

$3,000,000,000,000 - that's a lot of zeros, no matter how you slice it. To give you some perspective on that size, it's about 10 to 15 times the size of daily trading volume on all the world's stock markets combined.

The best way for newcomers to get a grip on what currency trading is all about is to open a practice account.

Nearly every forex broker offers a free practice account to potential clients; all you need to do is sign up for one on the broker's Web site. Practice accounts are funded with "simulated" money, so you're able to make trades with no real money at stake and gain understanding in how margin trading works.

Practice accounts give you a great chance to practice the forex market. You can see how prices change at different times of the day, how various currency pairs may vary from each other, and how the forex market reacts to new information when major news and economic data is released.

You may also start trading in real market conditions without any fear of losing money, investigate with different trading strategies to see how they work, gain familiarity using different orders and managing open positions, improve your knowledge of how margin trading works, and start analyzing charts and following technical indicators.

LEARN TO TRADE THE FOREX THE RIGHT WAY
To your Success in Trading!


SOURCE:
http://ezinearticles.com/?Speculating-on-the-Currency-Market&id=4772921

Forex Swing Trading Strategy - Make Big FX Profits in 30 Minutes a Day!

If you want to make big Forex profits, there is no better way to do so than to use a swing trading strategy and in this article, we will explain how and why the strategy works and how you can use it, to make big gains.

The logic behind Forex swing trading is simple - Traders are emotional and the emotions of greed and fear push prices to far to the upside or downside. You can see this happen on any Forex chart and when you see a short, sharp price spike it never lasts for long and prices soon come back to fair value.

As a swing trader you want to sell into greed and buy into fear and now we will look at a Forex trading strategy which can do this and make money. In our example below, we will look at how to sell into greed and the same logic of course works, if you want to buy into fear.

Just follow this simple check list to spot opportunities and to enter them market.

- Look for a short term price spike accompanied by high volatility.

- Look to see how overbought the market is and for this you will need some momentum indicators. There are many but the best in my view are - the RSI, stochastic, MACD and ADX indicators. These indicators are all visual and all easy to learn and will tell you how overbought the market is.

- When the indicator is overbought, look for a level of resistance above the price and wait for a turn down in the indicator, as prices are still rising. This divergence in momentum from price warns the trend could be about to end and enter your trading signal.

- Keep in mind the more overbought the momentum indicator is when it turns down, the better the odds of the trade being successful are, so be patient and wait for these high odds trades.

- Your stop goes above resistance above the price and you then need to pick a target just above support to get out the market - You must have a target above support because you want to be out of the market before the support is tested, just in case prices bounce back up and eat your profit.

- You have a stop in the market for protection and hopefully your target is hit and you can then look for the next opportunity.

The above is a simple Forex trading strategy and it's one anyone can learn and make money with, in around 30 minutes a day.



SOURCE:
http://ezinearticles.com/?Forex-Swing-Trading-Strategy---Make-Big-FX-Profits-in-30-Minutes-a-Day!&id=4771203

How to Become a Successful Currency Trader - Key Points You Need to Understand to Make Big Gains!

If you want to learn how to become a successful Forex trader you need to understand the key points in this article and if you do, you can enter the elite group of traders who make big long term gains. Let's take a look at the points and see how they can get you on the road to Forex trading success.

While its a known fact that 95% of all traders lose, currency trading is a skill which can be learned by anyone and this leads me to the first key point which is the one most novice traders make.

Cheap Forex Robots Don't Work

The message these systems sell is ridiculous - they claim for spending two hundred dollars or less, you can make a lifetime income with no effort! If only trading were that easy, the fact is these systems cost so little because they don't work.

Forex Trading is Simple

While you have to do your homework and learn the basics, currency trading is not hard to learn. Many traders make the mistake of thinking that if their intelligent and they work hard they have a better chance of winning but the markets don't reward you for hard work or being clever, they reward you for being right with your trading signal and therefore:

The Most Successful Forex Trading Strategies are Simple

The fact is there is no hidden mathematical order to Forex trading and many traders make the mistake of making their trading system to complex. The problem is these systems lose in the market because the more complicated a system is the more elements it has to break. In Forex trading simple strategies work best so don't make more effort than you need too.

The Importance of Mindset

While anyone can learn to win most traders cannot adopt the right mindset which is to trade with discipline. While having a good strategy is needed to succeed, you can still lose with a profitable strategy if you can't apply it with discipline and its a fact most traders can't trade with discipline.

When they lose they let losses run and hope they turn around but this leads to disaster and they get wiped out. The key to winning is tom actually learn to keep your losses under control. All traders have them so get used to them, preserve your equity and the market will give you some great trends to run.

You Can Win at Currency Trading

You can learn all you need to know in a few weeks and then, you can be trading for big profits in around 30 minutes a day. Forex trading is exciting, fun and very profitable and if you understand the points in this article, your all set to win at currency trading.

NEW! 2 X FREE ESSENTIAL TRADER PDFS
ESSENTIAL FOREX TRADING COURSE

SOURCE:
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Forex Trading Robots - Why Do They Lose Money Despite the Track Records Being Profitable?

You will see numerous cheap Forex trading robots and they all claim track records of huge profits but when users trade them they all lose money - so why do they lose? If we look at the track records in more detail, you can see why.

Firs of all, if you really could make a huge income every month and make no effort, the whole world would be trading and no one would bother to work! Naïve and greedy traders really think there on the road to financial freedom by spending a couple of hundred of bucks but they soon get a reality check.

Have you ever seen a cheap Forex trading robot with an audited track record from a reputable source?

I have never seen one and the reason you don't is simple, they have never made the money they claim too, in fact most have never even be traded in real time. They either give you a simulated track record going backwards over past data and bend their system to the data to make a profit or they simply just present figures with no outside check. They present live proof or trading account data but the problem is no one has checked its correct!

I have been trading Forex for 22 years and these cheap get rich quick systems have always been around and they always will be, because there are such a huge amount of people who let their greed get the better of them and buy these trading systems, without thinking about the fact that if making money was so easy, everyone would be trading Forex and no one would bother to work.

If you want to win at Forex trading, you need to make an effort but for the amount of effort you have to make, the rewards can be life changing. If you want to win, do your homework, learn the basics and within a few weeks you could be making great gains trading global currencies from home.

NEW! 2 X FREE ESSENTIAL TRADER PDFS
ESSENTIAL FOREX TRADING COURSE

SOURCE:
http://ezinearticles.com/?Forex-Trading-Robots---Why-Do-They-Lose-Money-Despite-the-Track-Records-Being-Profitable?&id=4771057

Making Money With Forex Trading - How It's Done

The currency market, or more specifically the forex market, derives its name from the generic term foreign exchange market. The forex market is a decentralized global network of trading partners, including banks, public and private institutions, retail dealers, speculators, and central banks involved in the business of buying and selling money.

The forex is a spot market, which means that it trades at the current market price as determined by supply and demand within the marketplace. This differs from currency futures traded on the commodity exchange in the United States,which trades a contract price for delivery in the future. In the spot market you are trading cash for cash at the current market price.

The forex is the largest, fastest-growing financial marketplace in the world. Every trading day the forex market handles a transaction volume of nearly $3.2 trillion, according to a survey done by the Triennial Central Bank in 2007. To put that figure in perspective, the average daily volume on the forex market is nearly 20 times larger than on the New York Stock Exchange.

The need for foreign exchange is driven by travelers, multinational corporations, and governments. Tourists from the United States need euros for their European vacations; corporations such as Microsoft exchange profits made overseas into U.S. dollars. Government hold reserve currencies and manipulate the money supply while they implement their monetary policies. The forex market was created to facilitate the sale of currency to customers who intend to take delivery of the currency; however, the vast majority of trading is done by speculators seeking nothing more than profit.

Learn Forex Trading here

SOURCE:
http://ezinearticles.com/?Making-Money-With-Forex-Trading---How-Its-Done&id=4568705

IvyBot Honest Reviews - Can This Automated Forex Trading System Make Easy and a Big Profit For You?

These days one of the most talked about forex robots in the market today is the IvyBot Robot. This bot is 100% automatic and has been a subject of many arguments between traders and finding IvyBot honest reviews can be quite taxing but what is so special about this robot? Let's find out.

From the name 'ivy' it can be derived that this bot was formed by graduates of Ivy League schools. Now, many individuals think that simply due to this fact, that IvyBot should already be readily accepted by many. But of course, regardless of the name or the developers, if the system doesn't work then by no means should it be patronized by those who wish to earn from forex trading. But of course, it can also be acknowledge that it seems though that the developers of this robot is quite smart. Perhaps another good thing about the IvyBot is that it is updated a least once a week.

Updates - How Important Is It?

Ivybot honest reviews credit IvyBot with the ability to change with the Forex Marketplace, meaning because the system is updated weekly it can keep up with the ever changing measures of the Forex market. This is important because the system should be able to keep track and follow these changes. A robot that doesn't adapt to the changes will compute the market with same algorithm again and again will run the risk of computing falsely because of the difference in values.

What Does This Mean For You?

Simply put, the continued updates on any software, whether or not you choose the IvyBot or not, will allow you to gain the maximum income with the least potential for loss. In what sense? IvyBot honest reviews show that since the software is updated and tweaked on a regular basis, it becomes a flexible trading tool that adapts to market changes that will allow it to calculate your risks accurately so that you will gain more instead of lose more.

Ivybot is also 100% automatic, just like many other trading robots. The IvyBot allows for automatic trading with minimal participation from its user. And after the initial inputs it can virtually run on its own without needing any human intervention, but of course, if you want to fully understand the ins and outs of forex market trading, it is perhaps best if you peek into your IvyBot every once in a while and see how things are going for you.

In the end, IvyBot honest reviews will tell you that the Ivybot is a software worth buying into. Aside from the usual features it provides, the constant updating of the software will provide you with the outmost accuracy during your trading.


SOURCE:
http://ezinearticles.com/?IvyBot-Honest-Reviews---Can-This-Automated-Forex-Trading-System-Make-Easy-and-a-Big-Profit-For-You?&id=4599044

Forex Trading Strategy - Catch Every Major Trend With This Simple Method!

Here we will look at the Forex trading method the real pros use to make money at FX trading, and you can use it too. The method we will look at is simple to understand and can make you triple digit profits, in just 30 minutes a day; let's take a look at the method in more detail.

There is a huge industry online which sells the message that Forex prices can be predicted in advance and that cheap Forex robots or scientific systems can beat the market. These systems promise you an income for life for a hundred Dollars or so but its obvious they don't work because if they did, everyone would be trading and 95% of traders wouldn't lose, the fact is Forex markets cannot be predicted - period.

So if Forex Markets Cannot be Predicted how do You Make Money?

The answer is simple - you trade the odds and that means you trade high odds chart set ups and the one this simple Forex trading strategy is based on is the way every new big bullish trend starts and continues and that's by breaking to new chart highs.

Look at any currency and you will see, this is the way trends start and continue - so all you need to do is to buy good breakouts and you have the odds of success on your side and can make some great profits.

Which Breakouts are the Best ones to Buy?

What you need to do is to look for several tests before the breakout where the resistance line has held and its the more times the level has been tested and held, the better the odds of success when the breakout finally does punch through the level. You should also as a general rule, look for two of the tests to be a month or two apart in terms of time. The wider the time frame between the tests, the better the odds are of the break of resistance, being a good one.

Breakout Trading WILL Always work

As long as markets trend, you can trade breakouts and while the strategy is simple, it makes a lot of money. Risk is low, because your stop, is put in just before the level has broken and as the best breakouts can yield trends that can last for many weeks the profit potential is excellent.

You can base your breakout trading strategy on just looking at resistance levels and looking for them to break and use a few trading indicators to time your move by checking price momentum is in your favour and you will have a trading strategy which can make triple digit gains in around 30 minutes a day.



SOURCE:
http://ezinearticles.com/?Forex-Trading-Strategy---Catch-Every-Major-Trend-With-This-Simple-Method!&id=3876897

Forex Trading Methods - A Proven Method Anyone Can Use to Make Money Fast in Currencies

There are many Forex trading methods you can choose from but the one enclosed is simply the best in terms of making the biggest profits in the least amount of time and even better news is anyone can understand why it works and then use it to make big profits.

Many traders think the way to make money in currencies is to predict where prices might go but prediction is really a guess as no one knows what millions and millions of traders will do in advance and this method of trying to pick a low in advance is doomed to failure.

The best way to trade Forex is to trade a high odds confirmation of a trend being confirmed; the best way to do this is obvious, if you look at any Forex chart. All big bull trends start in the same way, they break through overhead resistance and make a new high furthermore, as the trend progresses the currency continues to breakout to new highs so to get in on all the biggest and best trends, you need to buy breakouts.

The key with buying breakouts is to look for strong levels of resistance that have been tested several times and the past and held - the more times a level has been tested and held before the break, the better the chances of a continuation of the break when it finally occurs.

Ideally you should look for six or more tests and these tests, should also have at least two them six weeks apart or more so in conclusion, the more tests and the wider apart they are on a chart in terms of time, the better the odds of the breakout continuing in the direction of the break will be.

Breakouts are high reward low risk way of trading and stops are always close, just under the level of resistance which has broken which now acts as support. If you only hit high odds breakouts you will trade a few times per month and be able to make triple digit gains in around 30 minutes per day.

You can of course just trade breaks of resistance on a chart but you can add some momentum oscillators, into your trading strategy to time your trading signals better. We will look at the best ones to use and how to use them, in part 2 of this article series on trading breakouts for profit.


SOURCE:
http://ezinearticles.com/?Forex-Trading-Methods---A-Proven-Method-Anyone-Can-Use-to-Make-Money-Fast-in-Currencies&id=4680881

Forex Trading - When Do I Enter the Market?

The biggest question that surrounds trading Forex or any other financial market is simply this, When do I enter the market? Anyone who has traded a demo trading account or a live account knows that this is the most important question. When do you "pull the trigger"?

Before we answer that we need to understand what is happening on a day-to-day basis in the Forex market.

Many Forex traders are not aware of the large number of traders in the Forex market and the influence or non-influence that traders have on supply and demand. If you are trading the Pound/Dollar then you want to place your order when demand for the Pound is increasing or demand for the Dollar is increasing. When is that exactly and how do you measure it?

In Forex the largest group of traders by far, are Commercial traders. The results of their positions can be seen each week at the CFTC site under the Commitment of Traders Report. Commercial traders DO NOT try to make money from their currency transactions. They are not interested in Volatility but Stability. They are like a big ship going one direction that takes time and effort to turn. Even more than that, they resist turning. Their goal is stable prices in order to run their businesses, countries, and institutions.

The second group of traders are Non-Commercial traders who speculate. They are trying to make money in the Forex market for themselves and their clients. There is some debate as to whether this group can create a trend. It is my opinion that if conditions are right a herding affect can take place where there is a sustained demand for one currency or another and therefore a trend but these traders do not have the power to sustain a trend and maintain it on their own.

Does this help us answer the question of when to enter the market?

Let make up an example. Say we have a large company about to invest in something that requires U.S. Dollars. The bank that is doing this for them begins to make purchases. Retail traders, you and I, don't know about this obviously. Other traders however in the network of Non-commercial traders have their contacts and the word gets out in particular when the demand for Dollars increases. More Non-commercial traders jump on board and demand for the Dollar increases even more.

Retail traders see a solid move on the trading charts. Perhaps this occurred in the beginning of the New York session and by 4PM the Dollar had gained 100 pips against the pound. Sharp retail traders would have been looking for this kind of trade every day. Depending on the type of trading system they would have seen more than just the bars or candles moving on their charts, they would also see momentum changes.

However, at the end of the trading day, the trade momentum created by the sales of the initial bank may have slowed (intentionally). Many traders still would not know the reason for the change in prices because the banks job is to subtly make the investments. To do otherwise could cause a buying panic and prices for the investment would increase.

The lull overnight might turn into a small retracement. In fact, the lull may look like a move back into consolidation.

The next day however, the bank must buy more. Now traders not holding Dollars required to purchase the investment must have found out about the investment and are converting their currency in favor of the dollar. This creates more volatility. Now, the big Commercial traders must get into action to stabilize their positions. This can cause even greater demand. This continues until the bank in question completes its job. The size of the investment that was initially begun directly relates to home much of a trend was created.

This is a simple example of a situation in the market that can cause volatility.

As a retail trader, how would you have known? Maybe a better question is when would you have known?

The top traders learn to not only follow price but to understand momentum changes in price. Momentum changes tied with actual "key" trading times in the market can provide the first indications that the market is reading to move. It is this understanding of momentum that alerts top traders to the conditions that something is happening in the market.

Many very wealthy traders have admitted that they are more lucky than good but they also will tell you that they were prepared to take advantage of the luck. Momentum from an indicator like RSI can help with that preparedness.

Try learning about RSI, The Relative Strength Index, to locate momentum changes, in particular Positive and Negative Reversals. This will get you prepared to take part in those trend opportunities when to enter the market.

Paul Dean has put himself through a self-imposed PhD course in Forex in the last five years reading hundreds of books and articles and participating in nationally recognized trading courses. He is the author of RSI Fundamentals: Beginning to Advanced and the developer of the RSI PRO, RSI Paint Indicator and the RSI EA. He writes a daily blog about current market conditions and how to trade the Forex market at


SOURCE:
http://ezinearticles.com/?Forex-Trading---When-Do-I-Enter-the-Market?&id=4654035

Forex Megadroid Robot - Why Automated Forex Trading Carries Zero Risk!

Is the forex megadroid robot a serious option for successful forex trading?

As someone who was still looking for the 'Holy Grail' of forex trading, it was a question I asked myself not too long ago when I first heard about automated forex trading.

I had been struggling to make any serious money trading forex since I took it up some 12 months or so prior, not least because I had a demanding full time job that took up most of my time.

The Forex Megadroid Robot, whilst not the only trading robot in town, seemed like it could be the answer I was looking for. The problem was a part of me knew how dangerous a gamble it could be, and every time I considered giving it a go I found this part of me screaming its protest:

You can't trust a robot to gamble with your money!

Any sane human being would have these reservations, but then I learned something from the Forex Megadroid Robot website that made me reconsider. Something that meant I could try the robot out risk free.

My main fear was that I would set this robot up on my trading account, come back the next day and find it had gambled away my entire trading balance on losing trades, and my dreams of finding success in forex trading would be shot to pieces.

What changed my mind was that not only does the Forex Megadroid Robot come with several risk settings, meaning you could set it to the low risk setting to test it out, but you can actually test it out without risking a single bean. How?

You can even try it out on a demo account!

Only when you are satisfied that the robot works do you actually have to risk anything by then using it on a live account, and you don't have to do this until you are sure doing so carries absolutely zero risk.

I myself have now been using it on a live account for a several months now, and I have to say that it has consistently made winning trades on the lower risk setting.

Of course, I haven't been able to make the kind of huge amounts their website claims you can, but then again I have only yet tried it out on the lower risk settings. My next step is to slowly try out the more aggressive higher settings, and who knows how much it will make then!



SOURCE:
http://ezinearticles.com/?Forex-Megadroid-Robot---Why-Automated-Forex-Trading-Carries-Zero-Risk!&id=4273070

Forex Trading Strategies That Work - Understanding the "Fundamentals"

Foreign exchange ("Forex") trading is a complicated business. The foreign exchange trader must take into account (amongst other things) what may be called the "fundamental" factors of a country's economy (i.e. the qualitative factors that may have a bearing on its currency's exchange rate). So, what are these "fundamental" factors? They include political positions and developments (such as changes to a country's government's economic policy) and relevant decisions made by a country's central bank. They also include any relevant pieces of economic news affecting the country in question. The Forex trader needs to not only be aware of this information at an early stage, but to effectively "second guess" how the money markets will react to it. It would probably be unwise for traders (even those with considerable market experience) to ignore these fundamental elements and to just base their market decisions on technical analyses.

Approximately three trillion dollars is traded each day on the foreign exchange market (on those days that it is operating), making it the world's most liquid market. FX trading is vastly different to stock trading. (For example, in the Forex market, currencies are "paired" in that when one is bought, the other is sold, and vice versa.) As such, investors may find FX trading to be a useful means of diversifying their investment portfolios.

A number of factors make the Forex market unique (in addition to its liquidity, mentioned above). These include the fact that the market operates 24 hours a day, 6 days a week, and that traders in the market typically generate low profit margins (when compared with other markets).

The Forex market has changed quite dramatically since participation was opened up in the 1970's; now, it is not just the banks, but a range of institutions and investors (both large and small) that routinely participate in the market. If you do choose to operate in this market, you would be well advised to enroll in a reputable course to learn the nitty gritty of the complicated world of currency trading, find out about the various different ways that this could be done and to consistently apply Forex trading strategies that work.

The important factors that a Forex trader needs to consider when conducting a fundamental analysis of a country's economy include that country's GDP, employment rate, trade balance and most recent budget. Much of this information is publicly available on the Internet.

The results of a fundamental analysis could affect a trader's course of action in a number of ways. For example, a trader may use fundamental analysis to determine or predict the direction and extent to which a given country's official interest rate may change. Based on this analysis, the trader may sell the country's currency (if he/she predicts interest rates will fall), or buy the country's currency (if he/she predicts interest rates will rise). Indeed, large investors may take this process a step further by seeking to effectively influence the value of a country's currency. For example, such investors could fund industrial development in a country (when that country's currency is weak) and subsequently sell back that country's currency at a higher rate (when the currency is strong).

In an overall sense, if a Forex trader understands how to conduct a fundamental economic analysis, he or she will be in a much better position to know when to exit an "over inflated" economy before its financial "bubble" bursts.

Learn more about Forex trading for beginner, intermediate and advanced traders and grab some free ebooks and e-courses at


SOURCE:
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