What is Forex
Articles / October 4, 2015

The Foreign Exchange market (also referred to as the Forex or FX market) is the largest financial market in the world, with over $1.9 trillion changing hands every day. That is larger than all US equity and Treasury markets combined! Unlike other financial markets that operate at a centralized location (i.e. stock exchange), the worldwide Forex market has no central location. It is a global electronic network of banks, financial institutions and individual traders, all involved in the buying and selling of national currencies. Another major feature of the Forex market is that it operates 24 hours a day, corresponding to the opening and closing of financial centers in countries all across the world, starting each day in Sydney, then Tokyo, London and New York.

Traders Lose Money
Articles / October 4, 2015

If you want to win at Forex trading you need to avoid the mistakes the majority make and its a fact the huge number of retail Forex traders who lose money do so because they keep making the same mistakes. If you are making the mistake enclosed or you are looking to trade you need to avoid this error – let’s take a look at it in more detail. The reason most retail traders lose is there always trying to pick market tops and bottoms rather than follow the actual direction of the market. These traders are trading short term and think they can trade with small stop losses and by small, I mean within the noise of the market (10 – 30 pip stops for example are very common). Picking exact tops and bottoms is impossible but the typical retail Forex trader tries and loses. These losing traders never holds a trend and focus on short term profits, they buy in to support and sell into resistance and get steamrollered by the market.

Trading Forex Using Software
Articles / October 4, 2015

The business of trading foreign exchange has benefited greatly from the explosion in the use of personal computers and the internet. The proliferation of technology has made trading faster and more effective. Perhaps the most dynamic technological development has been in the area of software. If you are accustomed to trading manually, you may be in for a pleasant surprise to find out that automating your trading can save you considerable time and frustration. If, for example, your style of trading depends on the sudden volatility caused by the release of certain economic news reports, you may have experienced the anxiety and stress of trying to get your order manually set up and executed within a very narrow time frame prior to the expected release. If the market starts to react significantly before your trade is properly set up, you might lose out on a potentially lucrative trading opportunity. Assuming you were able to get in the trade before the spike in price, you may still have trouble getting out timely in order to realize your desired profits. Why to Use Forex Software? Software can provide a valuable solution for the trader. Having software do the work in setting up…

Best Forex Robots
Articles / October 4, 2015

The Forex robot has become a very important part of the Forex trading department. In simple terms, an FX robot is a computer application program that actually enables a trader in carrying out transactions in the forex market. The significance of this software is that it can carry out trading transactions without any human intervention for many hours at a stretch and it is capable of supervising the recent market conditions and the positive aspect of this application is that it can trade even without any input from the owner. This way a lot of time and effort of the trader can be saved and the trader can also earn lots of money in a short time. However, one need to have considerable knowledge of the various fx robots before you narrow down your research to the one which is the best Forex robot for yourself. Do Your FX Robot Research Performing a diligent research is certainly going to support your decision to purchase the best Forex robot for you. The foremost step in the researching arena is to look in for a system which has its video tutorials and reviews advertised and these reviews and the video clippings will…

Tips Start Trading Forex
Articles / October 4, 2015

I’m here with you to share some of my great tips to start trading foreign exchange. This market provides and excellent opportunity for those out there that want to make a second income from their own home. I hope these tips help you achieve that. The first tip I’m going to give you is to start eliminating your emotions. Emotions are really the bad that creeps into a bad move. The difference between profitable traders and unprofitable traders is that the profitable one can control their emotions. If you let your emotions get out of control and start ruling than you turn from a business person into a gambler.

Ways Learn Forex
Articles / October 4, 2015

There are many ways to learn Forex including the traditional methods of books and tertiary study. However these methods have become somewhat outdated in that they do not allow one to put into practice in an interactive way, the theory that is being taught. Books and face to face teaching at places of learning will give a solid technical base, but that is what it is. Putting the theory into practice is the ideal form of learning. This moves us into the realm of the Internet and web sites. These offer a variety of approaches almost all of which have an interactive element. The prime three methods used on the web sites are Mentoring, Training, and Software, with these being supported by forums and blogs. Learn Forex – Mentoring & Training Web sites offer contact with mentors who are either members of certain website forums, or blogs, who may advertise their services on web sites, or may have their own web sites. These individuals offer to teach on a one to one basis and in particular will either assist you with your strategies, or promote their own. By and large these mentors are experienced traders who wish to pass on…

Forex Technical Ananalysis
Articles / October 4, 2015

Forex technical analysis is useful in determining the future price movements of currencies. Forex technical analysis incorporates a broad range of methods. Support and resistance lines along with trend lines are evaluated on price chart software. Studies such as Fibonacci retracements and Elliot waves can be used to predict future events. Moving averages and custom indicators play a major role in Forex technical analysis. A software charting program is needed to accomplish Forex technical analysis. Most forex brokers provide charting programs for clients with an active trading account. Different broker platforms offer various features, indicators, and analysis tools. The basic drawing tools and studies are included on all forex charting programs. Most brokers offer a trial account to practice on the software before trading with real money.

Automatic Forex Systems
Articles / October 4, 2015

When people think about Forex, the images that come to mind are akin to something out of a Hollywood movie: a high energy environment of fast moves and big profits. Even when you’re using automatic Forex trading systems, the tendency is there to look for systems that have lots of trades and lots of winners. While a system that trades frequently can be exciting and even fun to trade, what you may not realize is that your system’s frequent trading may be costing you thousands of dollars in lost profits. By the end of this article, you’ll understand why when it comes to automatic Forex trading systems, trading less is often more. So read now in order to gain more profits tomorrow! The Downfall of Scalping Forex Trading Systems The truth is, trading is one of the most mundane and unexciting thing to do if you’re doing it right. Excitement and fun comes from uncertainty: you take a trade and you hope that it will be a winner, but you don’t really know where it’s going. To me that’s not trading, it’s gambling. Real trading is run like a business, with automated processes in place to collect pips from the…

FAP Turbo
Articles / October 4, 2015

The FAP Turbo is an investment tool that helps you manage and trade on the Forex trading market. Investing in foreign currency through the Forex market has been a nice way of making money, but only for those who knew what they were doing. Trading on the Forex market is dangerous for those with little experience. It is very easy to lose all of one’s investments without proper management and experience on the Forex market. FAP Turbo can be a great tool to assist investors who have limited knowledge and/or experience trading on the Forex market. In recent years there have been quite a few software programs and trading robots that take over your Forex trading for you. So find our what is FAP Turbo from this article now! What is FAP Turbo FAP Turbo is currently among the best at managing your trading for you. FAP monitors your currency of choice and trades them profitability is assured. Some people have claimed a 90% success rate with FAP, which means that 90% of the time you trade a profit is generated. FAP Turbo has a high trading frequency through scalping for quick pips whenever it can. Combined with a tight stop…

Best Way Trade Forex
Articles / October 4, 2015

The typical advice that beginner Forex traders will get is to learn how to trade Forex on their own, design their own profitable Forex trading system, and then they’ll be able to make a good Forex trading income. Considering that 95% of Forex traders are bleeding money out of their trading accounts, I wouldn’t recommend this path as the best way to trade Forex. There’s a far better way to profit from the Forex markets if you’re new to trading, and by the end of this article, you’ll know what the best way to trade Forex is.