Forex Station: Forex Station

Sunday, July 12, 2009

A Robot Trading Forex For You

It sounds like a dream still leaving in the minds of many Forex traders but recently there has been a major breakthrough in the world of forex trading that is promising to make this kind of automatic trading a reality that all traders will be able to have access to.

As you may surely know if you have been trading for a while, many times you must spend the day fixed to your computer screen as you watch the development of the particular trade you may have placed during that day or night. You must be watching your indicators and manually choose what the best way to have a profitable trade will be.

With the use of the Forex Auto Pilot System this kind of planning would be over and you would be able to have much more free time to occupy in different activities. With the auto pilot system you will only need to follow simple steps as you enter the parameters of specific forex indicators and then adjust your trading period. As you leave your trading station open this great software will place the buy or sell orders for your and follow its development as the trade evolves and then fix the major profit possible for you.

As you can see the way this Forex Auto Pilot works sounds great and it shouldn´t be a casuality that lots of traders are heading to the site to test this awesome software. Who knows and maybe you have finally found that robot system you have been looking for since you first enter the world of forex trading.

You can read more information and have access to Forex Auto Pilot System in my blog:

http://forex-trading-11.blogspot.com

Article Source: http://EzineArticles.com/?expert=Adrian_Pablo

Friday, July 10, 2009

The Forex Mini Account - The Best Way To Start Off Trading Forex On Low Capital- Part #1

A lot of people assume that forex trading will require a huge capital base. As a result, they would instantly decline to entertain any proposal to start trading in forex, preferring to remain with trading stocks and shares which is more affordable. This is simply not true, because in forex trading, you can start off with minimal capital when you utilise a forex mini account.

There are four main advantages of a Forex Mini Account.

1. Low Minimum account size

$300 will allow you to start a forex mini account. This is affordable for most people to start off with in forex trading. When you consider forex trading as a business, there are very few businesses costing only $300 as a startup capital offering lucrative prospects of earnings within a very short time.

2. High leverage

You can get leverage of 200:1 In the mini forex account, there is a small margin deposit required fixed at $50 for per lot traded. This amounts to a stunning leverage of 200 to 1. One of the key factors to accelerate profits is to use trading vehicles of high leverage, and a forex mini account certainly meets or fulfils the definition of high leverage.

3. One pip is equivalent to $1

Trading in pips allows the new forex trader to scale down his risk. With such a low denomination, the trader is able to deal with forex trading with less pressure and more discipline. For example, a 20-pip floating loss is approximately $20, so that if you have a 20-pip sudden move against the direction of your trade on a 100K account, that is translated into a $200 floating loss. In every transaction, by using a Mini account, the trader does not end up with a total loss as he loses only a small amount on every losing transaction. This allows him to follow his trading strategy in a disciplined manner.

4. A smaller trade size

The mini forex account trades in smaller contract sizes of 10,000 units which is 1/10 th the size of the standard account. This smaller trade size allows traders an opportunity to trade live with less overall risk. As a result, a beginner can transit or move into forex mini trading quickly from paper trading. While the standard lot is 10,000 units, the beginner trader can increase trading to more lots or units as he gains experience and confidence, and as his profits increase as a result of disciplined trading.

One hidden benefit of trading the mini forex account is that traders can become familiar with the quality and also the reliability of the forex trading platform or trading station of his broker. This is because the forex mini account utilises the same state-of-the art trading software as that for normal sized forex trading.

Mini accounts are recommended for traders with account balances of less than $10,000, allowing them more trading opportunities without over leveraging their account and hence get more staying power in the market.

We will discuss how you can exploit these features of a forex mini account to your advantage in Part #2 of this article so that it is easier to earn a consistent income trading on low capital and lower risk.

Be sure to read Part 2 of this article to discover how you can acquire the powerful trading knowledge from an experienced mentor to trade mini forex and where to secure an online mini forex trading account ."Click Here For Part #2-Mini Forex Trading” or visit http://1forex-trading.blogspot.com

Article Source: http://EzineArticles.com/?expert=Peter_Lim

The Forex Mini Account - The Best Way To Start Off Trading Forex On Low Capital- Part #1

Saturday, July 4, 2009

Forex Auto Pilot - I Didn't Know About This Great Tool

As a forex trader you are always on the look for some new tool that can help you in your trading career. As all traders know the forex markets can be a dangerous place if you don´t know how to deal with the sudden changes in the prices of the particular currency pair you may be trading at the time. So you need a reliable tool to handle this situations and turn them in your favor.

It´s a known rule that you must have a system in place before you dare to enter the forex markets with real money. You can experiment with a demo account and do crazy things with your trades but once you have decided to use your hard earned money trading the forex you must have all your tools read and in place.
Recently I discovered a tool that comes with the promise of being able to make your wildest trading dreams a wonderful reality. This tool is called Forex Auto Pilot and it´s a robot system that can place your trading career in, as its name says, auto pilot.

What this auto pilot means is that you only need to feed a few parameters into this forex trading software and as you keep your trading station open for a determined period of time the software will analyze and fulfill your buy and sell orders in the most profitable way so you can have a much more relaxed trading session with the confidence that all is being properly handled by a professional system that will take care of your trading pips even better that you would do.

You can read more information on Forex Auto Pilot System in my blog:

http://forex-trading-11.blogspot.com

Article Source: http://EzineArticles.com/?expert=Adrian_Pablo

Forex Auto Pilot - I Didn't Know About This Great Tool

Monday, June 29, 2009

Three Forex Trading Concepts - Stop Order, Limit Order & Market Order - Do You Understand This?

Forex trading is all about entering orders into the currency market and enter these orders well and with all the knowledge you can possible have of the market so you can expect to have a profit from each of these orders. Maybe you won't be successful every time but with the right trading system you can profit most of the time from your trades.

Respect to the orders you can use as a forex trader, there are three type of orders that are available for you to use. These are the Stop Order, Limit Order and Market Order.

Let's start by defining what a market order is. This kind of order is used for the purpose of selling or buying a currency pair at the market price being used at the instant the order arrives to the brokers "hands" which is usually within a few seconds or even less after you hit the enter key in your trading station.

After you have used a market order then it's time for you to consider using stop and limit orders. These are two kind of orders that are useful for the purpose of your own security as a forex trader. This means that by using this kind of orders you will be making sure that you won't be losing more money than you can afford to lose (of course you should always aim to lose the less amount possible, but bad trades can happen and that's why you have this kind of orders).

A stop order is defined as a previously set limit in your trading position that will take you out of the market as soon as the price of the given currency pair you are trading at the moment touches a pricing point (above or below your entering point depending if you are buying or selling) that is the most you are willing to lose in that trade. It's kind of a safety valve that will close your position without you having the risk of losing all of your account in just one bad trade.

A limit order is also a limit that takes you out of the market, but in this case is a positive limit, with this I mean that you are using a limit order to specify the minimum amount you are willing to earn from a given trade. Once you reach this point you are out of the market with good profits in your hands and without risking you capital in an unnecessary way.

Forex can be a great way of making a living from home or anywhere else your laptop and internet connection happens to take you. Learn more about the basics of forex trading and the best forex trading systems in the market right now:

=>> http://www.1-forex.com

Article Source: http://EzineArticles.com/?expert=Adrian_Pablo

Thursday, June 25, 2009

Best Forex Indicators - Which Timeframe Should You Trade?

Best forex indicators - you can trade the foreign exchange using many different timeframes. Some of the most popular ones are the 1 minute, 5 minute, 15 minute, 1 hour, 4 hour, 1 day, 1 week, and 1 month charts. So many choices can really confuse the novice trader, so in this article, we will talk about which one is right for you.

The one you choose will largely depend on your personality and trading goals. If you want to be in and out of trades quickly, then you might use a 1 or 5 minute chart. If you want more time to analyze your trades, then you will use a 1 hour or higher.

Also your experience will be a factor when choosing. Generally the smaller the time sample, the harder it is to trade. For one reason, you have to make quick decisions on quick charts, and quick decisions for beginners usually end in losses. Secondly, patterns that develop on smaller charts are less reliable because they reflect only a small sample of time. Chart patterns using higher time samples are generally more reliable.

One more point - you will probably use a combination of timeframes when you trade. These different market perspectives will be one of the best forex indicators you ever use. You might look for a good trade on a larger timeframe and then drop down to a smaller one to identify the exact entry and exit points. But it is best to choose 1 and use it the majority of the time.

So which timeframe should you choose?

If you are a beginner, you should use the 15 minute or higher. Anything less is too quick. You first need to recognize patterns, learn the market, and become very familiar with your trading station before you focus on trading often.

Most people suggest that novices start on the 1 hour chart. You won't get a lot of trade opportunities on the 1 hour, but you don't have to take a lot of trades to make money. I repeat - you do not have to take a lot of trades to make money. Many traders get the feeling that if they are not actively trading then they are wasting their time. Usually traders that over-trade waste more than just their time - they waste their money.

So try different timeframes and see which one works best for you. The right one for you will be one of the best forex indicators you can have.

Would you like an absolutely free book on the best forex indicators? Maybe you are looking for the best ways to make money with forex.

Today you can get a 50-page introductory book called The Insider Secrets to Forex Trading For Beginners.

This is one of the best free books I have ever seen on forex trading. Just click on the link above to get it right now for free.

Article Source: http://EzineArticles.com/?expert=Christopher_M._Hall

Wednesday, June 17, 2009

Forex Trading Tips – Part 2

Why do hundreds of thousands online traders and investors trade the forex market every day, and how do they make money doing it?
The second and final part of this report clearly and simply details more essential tips on how to avoid the pitfalls and start making more money in your forex trading.
1.Take it like a man – If you decide to ride a loss, you are simply displaying stupidity and cowardice. It takes guts to accept your loss and wait for tomorrow to try again. Sticking to a bad position ruins lots of traders - permanently. Try to remember that the market often behaves illogically, so don’t get commit to any one trade; it’s just a trade. One good trade will not make you a trading success; it’s ongoing regular performance over months and years that makes a good trader.

2.Focus – Fantasising about possible profits and then “spending” them before you have realised them is no good. Focus on your current position(s) and place reasonable stop losses at the time you do the trade. Then sit back and enjoy the ride - you have no real control from now on, the market will do what it wants to do.

3.Don’t trust demos – Demo trading often causes new traders to learn bad habits. These bad habits, which can be very dangerous in the long run, come about because you are playing with virtual money. Once you know how your broker’s system works, start trading small amounts and only take the risk you can afford to win or lose.

4.Stick to the strategy – When you make money on a well thought-out strategic trade, don’t go and lose half of it next time on a fancy; stick to your strategy and invest profits on the next trade that matches your long-term goals.

5.Trade today – Most successful day traders are highly focused on what’s happening in the short-term, not what may happen over the next month. If you’re trading with 40 to 60-point stops focus on what’s happening today as the market will probably move too quickly to consider the long-term future. However, the long-term trends are not unimportant; they will not always help you though if you’re trading intraday.

6.The clues are in the details – The bottom line on your account balance doesn’t tell the whole story. Consider individual trade details; analyse your losses and the telling losing streaks. Generally, traders that make money without suffering significant daily losses have the best chance of sustaining positive performance in the long term.

7.Simulated Results – Be very careful and wary about infamous “black box” systems. These so-called trading signal systems do not often explain exactly how the trade signals they generate are produced. Typically, these systems only show their track record of extraordinary results – historical results. Successfully predicting future trade scenarios is altogether more complex. The high-speed algorithmic capabilities of these systems provide significant retrospective trading systems, not ones which will help you trade effectively in the future.

8.Get to know one cross at a time – Each currency pair is unique, and has a unique way of moving in the marketplace. The forces which cause the pair to move up and down are individual to each cross, so study them and learn from your experience and apply your learning to one cross at a time.

9.Risk Reward – If you put a 20 point stop and a 50 point profit your chances of winning are probably about 1-3 against you. In fact, given the spread you’re trading on, it’s more likely to be 1-4. Play the odds the market gives you.

10.Trading for Wrong Reasons – Don’t trade if you are bored, unsure or reacting on a whim. The reason that you are bored in the first place is probably because there is no trade to make in the first place. If you are unsure, it’s probably because you can’t see the trade to make, so don’t make one.

11.Zen Trading– Even when you have taken a position in the markets, you should try and think as you would if you hadn’t taken one. This level of detachment is essential if you want to retain your clarity of mind and avoid succumbing to emotional impulses and therefore increasing the likelihood of incurring losses. To achieve this, you need to cultivate a calm and relaxed outlook. Trade in brief periods of no more than a few hours at a time and accept that once the trade has been made, it’s out of your hands.

12.Determination – Once you have decided to place a trade, stick to it and let it run its course. This means that if your stop loss is close to being triggered, let it trigger. If you move your stop midway through a trade’s life, you are more than likely to suffer worse moves against you. Your determination must be show itself when you acknowledge that you got it wrong, so get out.

13.Short-term Moving Average Crossovers – This is one of the most dangerous trade scenarios for non professional traders. When the short-term moving average crosses the longer-term moving average it only means that the average price in the short run is equal to the average price in the longer run. This is neither a bullish nor bearish indication, so don’t fall into the trap of believing it is one.

14.Stochastic – Another dangerous scenario. When it first signals an exhausted condition that’s when the big spike in the “exhausted” currency cross tends to occur. My advice is to buy on the first sign of an overbought cross and then sell on the first sign of an oversold one. This approach means that you’ll be with the trend and have successfully identified a positive move that still has some way to go. So if percentage K and percentage D are both crossing 80, then buy! (This is the same on sell side, where you sell at 20).

15.One cross is all that counts – EURUSD seems to be trading higher, so you buy GBPUSD because it appears not to have moved yet. This is dangerous. Focus on one cross at a time – if EURUSD looks good to you, then just buy EURUSD.

16.Wrong Broker – A lot of FOREX brokers are in business only to make money from yours. Read forums, blogs and chats around the net to get an unbiased opinion before you choose your broker.

17.Too bullish – Trading statistics show that 90% of most traders will fail at some point. Being too bullish about your trading aptitude can be fatal to your long-term success. You can always learn more about trading the markets, even if you are currently successful in your trades. Stay modest, and keep your eyes open for new ideas and bad habits you might be falling in to.

18.Interpret forex news yourself – Learn to read the source documents of forex news and events - don’t rely on the interpretations of news media or others.

Monday, June 15, 2009

A Forex Review of Forex MegaDroid - Is Forex MegaDroid a Huge Money Maker Or a Scam?

The system Forex MegaDroid is one of the most popular and best selling items of its kind ever. This Forex review will attempt to explain the reasons behind this tremendous accomplishment. This currency trading system is a software product specifically planned and built to help private investors exploit the FX markets for profits.

Due to the achievements it has experienced at exactly this essential factor is the reason behind its explosive growth. Today there are well over one hundred Forex trading systems that an individual has to choose from. Some of them are very good products, but very few of them are exceptional as is this item at the all important factor of creating income for its users.

It was developed by Albert Perrie and John Grace with a combination of 38 years of experience as highly lucrative professional currency traders. Since a software system is essentially just an extension of the knowledge and experience of the people behind the project it is extremely important that those people are the best of the best in there field. Fortunately for all of its clients Albert and John certainly filled there rolls very well.

During testing this product performed excellent. That was the only way to put it, since it doubled the first and only funding of my account in approximately fifteen days. It was able to do this because of "Reverse Correlated Time And Price Analysis (RCTPA,)" which is a propriety concept that is only available with this product.

The conclusion of this Forex review is that if you don't have Forex MegaDroid in your weapons arsenal, then you should as soon as possible. It is a very powerful income producer for it clients and that is the principle reason for its worldwide success. When you have a few minutes, why not check out its website and see for yourself its capabilities?

We have years of experience researching and testing all Forex and Currency related software and in that time reviewed 100's of products. Out of those we have only kept our Top Ten Forex Trading Systems for you to check out and make your own decision on.

There are many fine Currency and Forex courses to help you Learn Forex Trading. We have the best of the best that can help you get up to speed quickly and start making money just as rapidly.

Article Source: http://EzineArticles.com/?expert=William_Alheim_Jr

Sunday, June 14, 2009

How can I learn Forex trading for free?

Forex Station Trading Tips – Part 1
Why do hundreds of thousands online traders and investors trade the forex market every day, and how do they make money doing it?
This two-part report clearly and simply details essential tips on how to avoid typical pitfalls and start making more money in your forex trading.
1.Trade pairs, not currencies – Like any relationship, you have to know both sides. Success or failure in forex trading depends upon being right about both currencies and how they impact one another, not just one.

2.Knowledge is Power – When starting out trading forex online, it is essential that you understand the basics of this market if you want to make the most of your investments.
The main forex influencer is global news and events. For example, say an ECB statement is released on European interest rates which typically will cause a flurry of activity. Most newcomers react violently to news like this and close their positions and subsequently miss out on some of the best trading opportunities by waiting until the market calms down. The potential in the forex market is in the volatility, not in its tranquility.

3.Unambitious trading – Many new traders will place very tight orders in order to take very small profits. This is not a sustainable approach because although you may be profitable in the short run (if you are lucky), you risk losing in the longer term as you have to recover the difference between the bid and the ask price before you can make any profit and this is much more difficult when you make small trades than when you make larger ones.

4.Over-cautious trading – Like the trader who tries to take small incremental profits all the time, the trader who places tight stop losses with a retail forex broker is doomed. As we stated above, you have to give your position a fair chance to demonstrate its ability to produce. If you don’t place reasonable stop losses that allow your trade to do so, you will always end up undercutting yourself and losing a small piece of your deposit with every trade.

5.Independence – If you are new to forex, you will either decide to trade your own money or to have a broker trade it for you. So far, so good. But your risk of losing increases exponentially if you either of these two things:
Interfere with what your broker is doing on your behalf (as his strategy might require a long gestation period);
Seek advice from too many sources – multiple input will only result in multiple losses. Take a position, ride with it and then analyse the outcome – by yourself, for yourself.

6.Tiny margins – Margin trading is one of the biggest advantages in trading forex as it allows you to trade amounts far larger than the total of your deposits. However, it can also be dangerous to novice traders as it can appeal to the greed factor that destroys many forex traders. The best guideline is to increase your leverage in line with your experience and success.

7.No strategy – The aim of making money is not a trading strategy. A strategy is your map for how you plan to make money. Your strategy details the approach you are going to take, which currencies you are going to trade and how you will manage your risk. Without a strategy, you may become one of the 90% of new traders that lose their money.

8.Trading Off-Peak Hours – Professional FX traders, option traders, and hedge funds posses a huge advantage over small retail traders during off-peak hours (between 2200 CET and 1000 CET) as they can hedge their positions and move them around when there is far small trade volume is going through (meaning their risk is smaller). The best advice for trading during off peak hours is simple – don’t.

9.The only way is up/down – When the market is on its way up, the market is on its way up. When the market is going down, the market is going down. That’s it. There are many systems which analyse past trends, but none that can accurately predict the future. But if you acknowledge to yourself that all that is happening at any time is that the market is simply moving, you'll be amazed at how hard it is to blame anyone else.

10.Trade on the news – Most of the really big market moves occur around news time. Trading volume is high and the moves are significant; this means there is no better time to trade than when news is released. This is when the big players adjust their positions and prices change resulting in a serious currency flow.

11.Exiting Trades – If you place a trade and it’s not working out for you, get out. Don’t compound your mistake by staying in and hoping for a reversal. If you’re in a winning trade, don’t talk yourself out of the position because you’re bored or want to relieve stress; stress is a natural part of trading; get used to it.

12.Don’t trade too short-term – If you are aiming to make less than 20 points profit, don’t undertake the trade. The spread you are trading on will make the odds against you far too high.

13.Don’t be smart – The most successful traders I know keep their trading simple. They don’t analyse all day or research historical trends and track web logs and their results are excellent.

14.Tops and Bottoms – There are no real “bargains” in trading foreign exchange. Trade in the direction the price is going in and you’re results will be almost guaranteed to improve.

15.Ignoring the technicals– Understanding whether the market is over-extended long or short is a key indicator of price action. Spikes occur in the market when it is moving all one way.

16.Emotional Trading – Without that all-important strategy, you’re trades essentially are thoughts only and thoughts are emotions and a very poor foundation for trading. When most of us are upset and emotional, we don’t tend to make the wisest decisions. Don’t let your emotions sway you.

17.Confidence – Confidence comes from successful trading. If you lose money early in your trading career it’s very difficult to regain it; the trick is not to go off half-cocked; learn the business before you trade. Remember, knowledge is power.

Saturday, June 13, 2009

Forex Megadroid Review and Trading Results

The Forex Megadroid trading robot has taken the forex world by storm as supposedly the most advanced automated forex trading software in the market. The sales page posts incredible claims of returns and trading success percentage. Because of the incredible marketing launch of the robot, a big buzz has been building, and a plethora of review sites have come onto the web. But it's obvious when browsing through these that most of the "review" sites are merely sales pages. Most of the people that made these sites haven't really given a trade-by-trade review because most of them just want to sell the robot. Also, the claims on the company's sales page is information gotten through back testing the robot, and is of course, also biased. So the question that really remains is "does the robot really work?"

Before we get into it, here's a little bit about the Forex Megadroid and automated forex robots.

About The Forex Megadroid

Forex trading robots or expert advisors have been in vogue as of late because of the potential promise and benefits they offer. In theory, sophisticated forex automated trading software can analyze the market all they long, and then automatically get in and out of a long or short position for a winning trade. And this is done totally mechanically, with no human emotions of greed or fear. You simply set the risk settings and let the robot do its thing. This is the theory.

The basic tenets of forex market wisdom still apply even to a machine. Two of these tenets is: nobody (human or machine) can predict the forex market and you will have drawdowns or losing trades. Successful trading happens when the losing trades are minimized and your account is managed in a disciplined manner. Therefore, a lot of these robots have been known to wipe out accounts in just a few trades because they were not sophisticated enough to handle very different and changing market conditions.

Automated trading technology is relatively new. And like all new technologies, they evolve with time. The Forex Megadroid automated robot is the latest in the evolution of these robots. The makers of the robot boast that it uses a new type of expert advisor technology called Reverse Correlated Time and Price Analysis or RCTPA for short. This technology, according to them, gives the robot the ability to trade in different and changing market conditions. And they also boast a 95.82% success rate in trading. Obviously, this all simply sounds like hype.

So, Does The Forex Megadroid Work?

This expert advisor was found to work for many traders and not just the makers of it. The robot uses a scalping technique to gain pips. It only trades with the EUR/USD pair, and it waits until volatility within the pair is diminished before it places a trade. Once it does, it only gains a small amount of pips, about 15 at the most. But it does it every day for 4 days a week.

We at Forex Megadroid FX can't really speak for anyone else's experience. You can see exactly what the winning outcome has been with the Forex Megadroid on our account since April 4, 2009. See for yourself at Forex Megadroid Review and you will find our daily trading recap with video as well as: number of total trades, winning trades, success percentage and pip count. It is set up on a really modest account with only $266 to start. This isn't some gigantic $20K account where losses can be absorbed. We wanted to know if the Forex Megadroid was going to work for the very "little guy" as well. We hope this article helped.
A real trade by trade summary on the Forex Megadroid can be found at:
http://www.forexmegadroidfx.com/Realtimereview
Simply go to the "Forex Megadroid Daily Performance" category. We wanted to know if the robot worked, but we also want to know if the robot will work consistently for not just a few months, but for a whole year. At Forex Megadroid FX the test will be ongoing.

Article Source: http://EzineArticles.com/?expert=Jose_D_Martinez

Forex MegaDroid is a Top Rated Currency Trading System and Should Be at the Top of Your List

When it comes to currency trading systems, Forex MegaDroid is pretty much as good as they get and you should be strongly consider obtaining it. There are many factors that go into deciding which product is the best in this category, but after there all taken into deliberation it really only comes down to one, doesn't? And that is, will it make more money for me than any other product that I can acquire?

This Forex trading system has been proven by thousands of its users to be an exceptional positive income producer. And because of this extremely important point its popularity has spread worldwide and it is now one of the top two selling software products in this industry of all time.

Reaching this lofty position is no easy task and cannot be accomplished by advertising, marketing or any other form of promotion you can think of. It can only happen one way and that is for the product to deliver on its promise of being very profitable for its users.

What happens next is that those users then tell there friends, family and work acquaintances about the software and suggest they give it a try to see if they can make as much money with it as they have. Then some of those people try it and start making money with it and the process just starts all over again and it gets to the point it is now where its success is spreading like wildfire.

If you have a chance to review this top tier currency trading systems website I am sure you won't be disappointed. Forex MegaDroid has done wonders for me and there is an excellent chances it can do the same for you. If it does, I assure you that you will be one happy person and will be telling your friends and family about if just like so many before you have.

We have years of experience researching and testing all Forex and Currency related software and in that time reviewed 100's of products. Out of those we have only kept our Top Ten Forex Trading Systems for you to check out and make your own decision on.

There are many fine Currency and Forex courses to help you Learn Forex Trading. We have the best of the best that can help you get up to speed quickly and start making money just as rapidly.

Article Source: http://EzineArticles.com/?expert=William_Alheim_Jr

Friday, June 12, 2009

Forex Station For Free & For Everyone

Maybe you are only testing the waters and learning the basics of the Forex market, but that doesn't mean you should be left on the side and without access to a trading station and the ability to enter trades in real time. That's something every aspiring Forex trader needs in order to feel the real emotions and sometimes hard decisions a profitable Forex trader must make.

The good news is that there exists something called "Demo Accounts" and that all reputable Forex brokers will make available to their clients. With an account of this kind you will be able to use the same forex station software used by more experienced and professional Forex traders. With this account you won't need real money from your pocket at all. You will be given an amount of "dummy money" you can use to enter trades in the market and this way you will test how good you really are trading the currency markets.

With this kind of account you can test how much you have understood about technical indicators as Fibonacci levels, Bollinger bands, Exponential Moving Averages, etc. You will be free to commit any mistakes and learn how to fix your trading in such a way that within a short time you will be ready to start trading with real money and with the confidence that you will be trading over a field you already know in great detail. This confidence will boost the amount of profitable trades you make and in consequence your losses will be kept at the minimum possible.

Forex can be a great way of making a living from home or anywhere else your laptop and internet connection happens to take you. Learn more about the basics of forex trading and the best forex trading systems in the market right now:
http://www.1-forex.com

Article Source: http://EzineArticles.com/?expert=Adrian_Pablo

Thursday, June 11, 2009

Forex MegaDroid Review - Is Forex MegaDroid For Real Or Simply the Next Big Hype

Looking for a Forex MegaDroid review? You have come to the right place. We have gotten our hands on this red hot product, taken it apart, and tested it out. Does MegaDroid live up to the hype? Or is it simply a Forex robot scam? You will find out below.

Forex Megadroid was released on March 31st of 2009. The product was created by Forex trading legends Albert Perrie and John Grace. They have based the software on the types of strategies they have used to make a fortune over their 40 years of experience in the market.

This Forex robot uses a cool new technology known as Correlated Time and Price Analysis (RCTPA). What this does is helps the robot make trades in the present by quickly calculating years of similar looking market conditions in the past. The Forex market like any other will follow specific patterns and Mega Droid will use years of back testing to profit from those patterns.

Now the hallmark of Forex Mega Droid and why it is creating such hype is the fact that the program is the first Forex robot to have artificial intelligence (AI). What this means is instead of simply taking the same trades over and over, if one trade is a loser the robot will learn from the experience. It will then factor in why that trade was a loser and use that valuable information for later trades.

This is incredibly valuable because the problem with most Forex robots is they stop working after a certain amount of time. Forex MegaDroid learns from it's mistakes and is constantly adapting to market conditions.

Forex MegaDroid Results

This Forex MegaDroid review would not be complete without posting some initial results from our testing of the product. Now keep in mind this product is still very new, so these numbers COULD change in the future. The initial results have been pretty staggering. Forex MegaDroid has shown a 95-96% win percentage on trades and tripled one of our accounts.

The best part is the robot was very good at limiting losses by not riding costly drawdowns. A high win percentage with minimal losses are the signs of an EXCELLENT automated software.

Before jumping in I recommend learning a little more about the program. But there is an awful lot to be excited about with this one.

Want to unlock the secret to automated Forex profits? At Forex Robot Reviews, I have cut through the hype to tell you which robots are real money makers and which are complete scams. Don't spend a dime until you have gotten the REAL truth about Forex robots.

Jonathan Ryerson has been making a full time living trading the Forex for several years. Over this time he has tested and reviewed many of the top automated Forex trading systems.

http://www.forex-robot-reviews.net

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Tuesday, June 9, 2009

Online Forex Trading Business

Online forex trading business is now considered as a fast growing wing of international business. The peculiar nature of forex trading makes it amenable to all who have a computer with internet facility. Unlike other businesses you do not have to go to a central business station or a particular location for doing online forex trading business. Currency market that functions twenty four hours a day and seven days a week with no holidays and working hours is excusable to people from all corners of the world.

Online forex trading business involves the purchase of foreign currency by an individual or a corporation by using the currency of some other country. Two different currencies of two different countries will get involved in this trading of currencies. And it has become the biggest and the fast developing business in the world now. The key role in this money trading activity will be played by the international banking institutions and registered futures commission merchants.

Online forex trading business begins from Sydney and will spread to all the corners of the business world when the business day in each country begins. It help all interested persons that include banks, financial institutions, brokers and speculators to trade their currencies with the currencies of other countries when the market condition becomes favorable. This business is also considered as a popular way to exchange foreign currency as it takes no time to reach the other side.

Considering the profits that one can make from investing foreign currencies millions of people all over the world are now coming forward to experiment with online forex trading business. A large number of brokers and forex trading advisers are also in the field ready to provide technical advice to those who wish to invest in currencies of other countries. A number of websites can be found on the internet that provides online tutorials for those who wants to learn the forex business. It will help the speculators of money trading market to understand the basics of Fx trading.

To help the investors a number of forex trading systems that act as an indicator of marketing conditions also are available in the forex trading market now. It includes both mechanical and manual systems. Whatever be the technology that you make use of running this business you will have learn the basics of forex trading to understand the nature of the business and to make the best out of your investment.

To get your complimentary Forex Trading Systems course, or for my personal Forex Trading advice, visit my website by clicking the links.

Article Source: http://EzineArticles.com/?expert=Dane_Bergen