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วันจันทร์ที่ 26 ตุลาคม พ.ศ. 2552

Choosing a Forex Broker by Brendan Wilson

The internet has brought a new world to today's masses and now they can have it all at their fingertips. We currently have over five thousand times more information than the information five years ago and more and more new content is generated every year.
One of the greatest gifts of the internet is the propagation of currency trading in todays market. Before the dawn of the internet, Forex was limited to banks, financial institutions and large importers and exporters. The web has put the power into the hands of the people.
In fact, you can see a meteoric rise in available Forex brokers. You can find them popping out of the woodwork faster than anything I have seen in recent years. The challenge for a novice in Forex is to find the broker that would usher them to a decadent life funded through successful Forex investments. But like other successful endeavours, choosing the right partner is the first logical step.
First of all, what is probably the most important aspect of choosing a forex broker is to find one that you can trust. Even with leverage, Forex still deals with large sums of money that you have worked hard for. You should not hand that out to the first firm that offers you a discount on the spread. Talk to the forex broker and get a feel on what they are all about. If they can be recommended by someone that you trust then that is another plus to add to their credibility. Furthermore, affiliation with regulatory groups is another factor to look at when choosing a forex broker that you can trust. When they are affiliated with commissions and associations like the FSA or Financial Service Authority, they need to adhere to certain standards to stay connected to those organizations. Look for these affiliations displayed prominently on their websites or other marketing material.
Now, not all forex brokers are the same. One might offer more features than the other but it does not make them inferior. It is important to choose a forex broker with features that fit your needs as a forex investor. For example, some people may offer charting, news feeds, and market analysis for a higher premium but if you do not want any of those you can choose to go for the forex broker with lesser features but offer the same security.
One of the most important factors that one must consider in choosing a forex broker is the leverage that they offer. A broker shoulders a portion of the risk when they offer to place your trades at a margin. These margins give you additional buying power and extend the capability of your dollar. Some brokers offer less leverage than others. If you have a limited budget for your trading it is important to get a broker that offers larger leverage so that you can buy more for the little amount that you can shell out. Just be careful about the margin fees because as you well know, nothing in this world comes free. These are just some of the factors to consider when choosing a forex broker to trade with in the currencies market. Once you get that step down and you have made the right choice, the right broker will ensure your success in the forex trading game. Happy trading!

วันเสาร์ที่ 10 ตุลาคม พ.ศ. 2552

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How Forex Trading Balances Household Budgets by Hans Monsma

Forex Trading has an enormous failure rate. This has reasons. It is public knowledge that only 3% to 5% of all traders make money. Learn from me I make money. Forex Trading is a professional occupation. It does need some very basic knowledge which is readily attainable by most ordinary people. No rocket science involved what so ever.
So why the high failure rate? The major problem can be laid squarely at the feet of much of the rubbish that is being sold to the ususpecting aspirant trader. The vendor says that you can try it on your demo account, that's great but most Forex demo Traders do not have the foggiest idea of the very big difference between Forex Trading a demo account and Forex Trading a live account.
Robots are a farce...stay away
No one tells the unsuspecting aspirant Forex Trader that most Robots offered for sale in this age of robot hype, with their many promising profits as large as telephone numbers, are based on inert systems. Calling a market that fluctuates and changes by the second, applying the same criteria to thousands of different circumstances simply can not work.
Small wonder that often one losing robot trade wipes out many forex Trading Accounts in their entirity. Capital and profits inclusive. The purported million dollar producing robot has to fail sooner or later, and when it does, stand clear!
Most robots need to have deep draw downs, if they don't, many of the trades they place will end up being stopped out. To show their "value" they base the trades they trigger on the hope that the market will retrace to the profit target and not go beyond a certain point. They base much of their hope on the premise that the market they trade in will stay within a certain number of pips from entry to exit points. The one trade that does not retrace, but continues in the wrong direction has a draw down so deep that it wipes out many of the unsuspecting new Foreign Exchange traders lesser accounts.
I could enumerate and go on in this vain at infinitum, but the object of the article is to get you to understand that trading, as opposed to selling hyped up so called money making robots are two different professions.
The robot seller is seldom if ever a trader, if he is he likely is a demo trader or has never made a wining trade in his life. Many of them are programmers only. These robots are skewed by rubbish which they want to sell to make their money; where as Forex Trading is truly a noble financial profession and should be seen and treated as such.
I write this in the hope that I will have saved some of you some money and a margin call on your Forex Trading account. Stay away from Forex Trading Robots. When you have enough knowledge to adjudicate what it is that you need to add value to your Forex Trading business you can obtain mechanical help, but not a robot. Be warned 99% if not more are scams and make money for the seller, not for the Forex Trader.
The positives and how you will make money.
Let's look at what you do need to make it big in the Forex Trading profession. You would think that I am going to enumerate a trillion things, no not so. Foreign Exchange Trading has a great number of technical analytical tools which are said to provide profitable trading signals... bollocks... Many traders try and use basic Technical Analysis exclusively to make money. these are re-active signals and only show the past.
As I said, many of these more common indicators used by the average traders in an endeavour to identify a profitable Forex Trading signal are reactive; in other words, they tell you what has already happened. If, as is held by the technical analyst that history repeats itself, is in fact true, we could all be fortune tellers. In fact we would have a forex trading rate success rate of 90% and not 5% amongst the traders.
As signal providers, these type of technical tools are at best good enough as confirmatory elements once you have set up a trade using the right indicators. We need to know what is going to happen, before and not after the event has happened. Old news will not make you any money. Truly profitable Forex Trading has only one system, which is the use of the only indicator that is proactive, and that is the price itself combined with chart patterns identified at the S&R levels of a chart, for this I use at a mechanical alert confirmed by oscillators of your personal preference. To be successful using this trading system you have to recognize chart patterns, which is more than you had bargained for I am sure.
You do not have to loose money, just read on,in fact you need precious little to get. Don't start off by aiming to take a $1000.00 dollar mini Forex Trading account and turn it into a million dollars, by over exposing your self. It will not work, you'll blow your margin.
Now that you understand the limitation you should impose on yourself, it remains but for me to say that the most important facet of the trading profession is that you have a cool and calculating attitude towards your new profession. Choices you make have consequences and are business choices to make money. DO NOT get emotionally involved and make your trading decisions out of the heart.
As a successful trader you could do worse than follow my path. I make a handsome living from my profession. The above information is worth more to you than any tools you may add to your arsenal, as they safeguard your account. Forex Trading is highly profitable with the right attitude and the right signal identification system, in no other way will you make money.

How Forex Software System Trading Increases Your Profit Ratio by Alan Lim

Forex software system trading is the most prominent way to play safe in the risky game of foreign exchange. Moreover, you can also earn ample of money with the help of this trading software.
When it comes to forex trading, it is essential to note that it includes trading of currencies across the world. It refers that the transactions are made round the clock. So, if a broker wishes to make most out of this trade business, he/she has to monitor every movement of the market for the whole day. Well, practically it's just impossible for an individual person. Now, the question arises how a broker can earn maximum profit and that too without investing plenty of time in forex market? Well, under these circumstances, it would be beneficial to go for forex software system trading.
Basically, it's a trading technique which is based on contemporary trading software. This software is so efficient in working that whenever a favorable earning opportunity rises in the market, it generates signals for you. Here, it is also noteworthy that as being software, this system can monitor your transactions for the whole day. Now you must be wondering how this software can assist you in cultivating money. Well, answer to this dilemma lies in the enormous features of trading software which make it quite trendy these days.
The most stunning feature of trading software is the advancement of Internet. Forex market is full of uncertainty as no one can predict when a currency is going to rise or fall. That's why it is crucial for a broker to remain up to date with every update of foreign exchange. In case of trading software, you don't require to be worry about such updates, as it manages to collaborate with them itself.
Another major benefit of forex trading software is its ease of access. You are not required to be a pro or expert, in order to trade with this software. Even if you are a newbie, you can easily understand this software and manage your account with it.
Last but the most important factor of these soft-wares is no risk of silly human errors. It means that you will be playing at the safe end with the help of forex software system trading.

Forex Exposed by Ralph Herbert

Forex is known as the Foreign exchange market. This market has been around several years. However, what separates forex from any other financial trading market is that it trades the following: volumes, is placed sporadically around the world, a vast majority of banks trade with the foreign exchange market for higher markets, forex also trades on autopilot, and also utilizes leverage in a dynamic unlike any other company. Forex is the only trading company that does all the hard work and labor for you and all you have to do is kick back and take the money. Now that is amazing! This is what the world has been waiting for, a system that not only makes hundreds to thousands of dollars for you but a system where you don't have to lift one finger. What people may not know that are skeptical about foreign exchange market is that the foreign exchange has their main headquarters all around the world to cater specifically to you and your needs. This is truly an innovative approach I have never seen with any other trading company. The foreign exchange requires no experience on your part as the investor which is precisely the reason why you should not take the foreign exchange market lightly and invest now.
The main reason why people do not want to invest in the stock market is because they have an inconceivable notion that they will lose everything in the day trading market. However, this is not true with the foreign exchange market. The foreign exchange is not there to rip you off from your money unlike most day trading markets. Also, when you call the foreign exchange market for assistance in anything you may have trouble figuring out , forex is there for you with one on one assistance in your endeavors with the company. The foreign exchange market is also there for you every step of the way in terms of education in relations to forex or fx. Forex unlike those other day trading businesses believes in loyalty to its customers and customer satisfaction. Forex unlike any other day trading company has had over one trillion in spot transactions. You cannot find that at any company accept the foreign exchange market. This is the don per ion of all the day trading markets in the world. You heard me! In the world, where have you ever heard of such results? Only the foreign exchange market has the other markets around the world afraid to compete with such a great superior day trading market. The foreign exchange market is also stable and increases when it comes to your money. You cannot find such possibilities anywhere else but the foreign exchange market. The foreign exchange market has been out for over a century; however, this is the first time the foreign exchange market has been released to the public. This is why it is crucial that you get involved as soon as you can because this may not ever happen again. So if you are serious about making a serious change in your finances in these tough times then click here.

FAP Turbo is the best FOREX solution by Roger Ricafort

FOREX trading is a very effective means to generate additional income, according to finance gurus. Though, at times your profits derived from FOREX trade could actually be greater than your primary source of income. It is perhaps one of the better investment options even during times of a battered economy when top notch industries are running losses. What makes it unique is the easier process of earning some fast cash, though; it may not work for every Tom, Dick and Harry. If you are not a professional FOREX investor, then you perhaps, might run risks of monetary losses, but not if you use a FAP Turbo.
FAP Turbo has what it takes to build profits in an ever hostile FOREX trade. It is the mix of brilliant technical inputs and intelligence to evaluate existing FOREX trends and chart out plans for your benefits. Significantly, it buys and sells currency even though you may never know, or have any idea of currency trends. It's a perfect device for a beginner. You just need to install FAP Turbo to witness the mesmerizing effects of the software.
It could be the answer to your ever increasing monetary needs. The specialty of FAP Turbo is its ability to grab profits without your extended hands. It works as a live Robot. It has an amazing ability to find currencies that suit your investment portfolio and decide on your behalf. It only opts for those trade that whisk profits, and that too without your slightest intervention.
The amazing software only works, if you install it on your laptop, or on any personal computer. Making use of available technologies had never been that easier. Grab FAP Turbo and see your

FAP Turbo the ultimate FOREX guide by Roger Ricafort

It's incredible to find so many FOREX traders hunting for cash in the ever crowded FOREX market. Some succeed while others lie low after a bout of successive loss. Though, if you give a pensive look at the FOREX proceedings, you will notice that the concept of FOREX trade stands on the basic principles of adding value to your investment. That's however, not as simple as it looks to be. Ask those traders who have suffered losses and they would say they find adding value to their investments as the most difficult thing they have ever encountered, which is exactly what FAP Turbo tries to explain you.
FAP Turbo is the best available software that rips open the hidden intricacies of the FOREX trade without ever needing your intervention. It collects your entire available dime and plug in at the appropriate currency slot, buys and sells currency, collects profits and puts them straight on a platter right in front of you. It doesn't matter whether you are a greenhorn or a FOREX expert with no additional time to spend harrowing moments browsing rusty FOREX charts. What it does is pretty simple; it has the technical input to evaluate the current FOREX trend, goes through real time FOREX stats, purchase currencies and sells them, which you as a novice would take a few beatings to learn. Why would you ever want to take unnecessary risks when you can avail services of a ready to use software?
Gather your thoughts and grab the latest FAP Turbo, install it on your laptop. You will never have to spend sleepless nights with FAP Turbo as your companion. If you are an ardent FOREX investor, you know what it takes to lose a dime. Ponder and make best use of opportunities. Good opportunities never repeat a knock.

The platforms that makes Forex Software System Trading Child's Play by Henry Hepher

The platforms that makes Forex Software System Trading Child's Play
Any particular trades on the profit or loss are not the focal point of the profitable traders. But rather it is identifying the techniques that continue to works again and again. By analyzing the trade signals the Forex software system trading will use speed and accuracy, giving you the judgment you need for getting ahead in your trading. Or it could be said making it child's play, because the hard work of it all is taken out.
The robotic system performs by analyzing the marketplace, to buy and sell orders with your Forex broker, taking the responsibility off of you and saving you much needed time. By giving you a visual picture of back testing for your trades, the software permits you good insights to trading. This make your trading strategies run productively, by viewing the historical data charts, where you can confirm and approve the proper actions to take.
This system is unmatched by human efforts in producing a desired effect. Your expertise is not a requirement making the child like idea a reality. Like anything else, once you are familiar trading will become systematic. The trading software will demonstrate that complexity is not necessary to make successful trades.
Disadvantage Without Automatic Systems
Charting the movements of one single procedure as well as charting the actions of one individual currency without automatic will be a weary, tiresome, and constant course of action. Let's look at the marketplace is 24 hours a day and that is always changing. One of the best point to view is I do have other obligations and vital necessities that must be attended to.
Advantages of Automation
The first thing that comes to mind is an automatic trading software is just that, its automated. It is an awesome thing and marvelous of what this software is really doing for me, as far as its complexity and obscurity and time conservation. This is the wave of our future events to get ahead of the game and many are trading Forex markets with greater self-assurance. Yes there will be some work, but your experience is not requirement to establish short term or long term trades.
I'll say it again trading with a completely functional electronic software has become a very popular move, but I am not one for popularity, so let me say, it's a good move. Between the complexities of strategizing to making trades correctly, these Forex software system trading are not to be taken lightly. There are a number of good systems to try from as far as my research and experience.
Some say inch by inch it's a cinch. Simply put, following the procedures step by step will help you attain your goals. Frankly speaking the automatic forex system trading has been a good achievement. With the aptitude the system has, it allow me to upgrade my efforts, and gaze into a possible future and down the road to where I have expectation.
I must share about the thoughts of being what I call, being hands free, while gaining on my returns at about 85% success rate. That comes to about 12-18 currency trades a week, not bad. Not bad, not bad at all.
Concluding, the bottom line for the Forex trader is to profit with the purchase and sale of foreign currencies. A Forex software system trading contributes to the time and profit, it will afford you to live life and handle the affairs of your heart and business. It is the user friendly and reliability of the Forex platform, being handed to you on a automated trading performance platform that is worth considering to be a vast advantage in Forex trading.
One of the best roads to travel and become skilled and grow is O.P.E, Other Peoples Experience. The author Henry Hephner, has a number of years of experience with forex trading. Before the calculator came along, performing trigonometry was a giant task. Examine more info about the Forex software system trading and its unique types. Receive a free ebook called Insider's Guide to Forex Trading click links.

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Forex Review System Trading: How It Can Do Wonders For You by Alan Lim

Forex trading is undoubtedly a business involving big risk. However, for minimizing the risks and for maximizing the profits, forex review system trading is there to help you.
It is a known fact that for earning profit, a person needs to take some risk also. Not a single business out there is without risks. However, the best part with some of the options is that they are quite profitable and the degree of risk involved in them can be minimized with the help of some tools.
If you take the example of Forex trading, you can get benefited easily by taking the help of a good forex review system trading. Though some knowledge of Forex gained through reading books or the advice of experts can do well for a person, but still for making good profits, there is a need of something extra.
That additional thing required is the forex trading reviews online. These reviews are in fact the experiences of small investors and evaluations of the good financial institutions. Such reviews not only provide the necessary evaluation, they also offer the best comparison that is based on the prime indicators of the market.
The biggest advantage of such reviews is that they enable the person get known to the technical analysis of the performance of various brokers over the past period of time. Thus, they provide a rough idea to the newbie as to when to move in the correct direction. Also, there are some reviews that are provided by veterans that can help a person to understand this trading to some extent. Thus, a person can minimize the degree of risk involved in forex trading with the help of these reviews.
Among other advantages of forex trading reviews, the special advantage of such reviews is that they depict the opinions of investors that are very important for a starter. By assessing these opinions, a person can easily have an idea as to follow which plan of action that can offer greater profit with lesser risks.
Thus with the help of the best forex review system trading, a person can minimize the degree of risk and can earn good amount of money easily.

Best Forex Secret Trading Tips by Alan Lim

If you are looking for the best way to earn money, then forex secret trading is one such option that is highly recommendable. Get benefited from this option now.
Today, when the whole world is trying to recover from the ill effects of recession, common man is the worst sufferer. At this adverse situation, even the hope to earn a good amount of money through excellent paying job is like a day dream. So what is the alternative to earn in this harder time?
There are many answers to the above question but the best one is undoubtedly earning through forex secret trading. It refers to the secrets to do well in the Foreign Exchange Stock Market trading (FOREX).In simpler words, it means knowledge about the transactions related to buying and selling of currencies that can yield great returns in the form of profits.
Though it looks quite similar, but still there are some points to be kept in mind to make money through this type of business. To begin with, it is important to have complete and updated knowledge of the market. In addition, the person must also have the good knowledge of forex trading.
For gaining knowledge of forex trading, the person can take the help of various e-books available over the Internet as well as buying the books through the nearby book store. With other things, it is also important to have the knowledge of some good forex software that can do wonders for the person. However, it is again essential to go only through the genuine software as otherwise it can result to unwanted loss and troubles after wards.
For making good money out of forex secret trading, it is also important to keep an eye on the market situation, changing trends, interest and above all capital management.
With this crucial information, the chances are more that a person can earn a good amount of money through this type of trading in spite of adverse economy conditions.

วันอาทิตย์ที่ 4 ตุลาคม พ.ศ. 2552

Forex Strategies - Understanding Market Cycles by Adrian

An important part of any traders' forex strategies is understanding the market cycles.So what are market cycles? Not knowing what market cycle you are in will affect your forex trading. Knowing the correct major market cycles is important for you and which forex trading system you should be using. As each market cycle requires a different approach from your forex trading system. There are three major market cycles and the ability to adapt to each market cycles is an important part of your forex strategy and will improve your profitability. So you need to understand how to determine market cycles if you want to become a successful trader. The three major market cycles are: 1) Trending, 2) Consolidation 3) BreakoutThe Three Market CyclesIt does not matter what financial market you are trading, the market can only move in these three cycles.A common saying amongst forex trade is "The Trend is your friend." Trending CycleTrending is when the market price moves in the same direction consistently in one direction either up or down. How a forex market trend is inherently defined? A trend can be defined as progressively higher lows and higher highs. Of course if the price movement consisted of a straight line either up or down, then identifying a trend would obviously be very easy. In real life, currency prices move do not move in one direction consistently, so denying forex traders and easy trend read. Consolidation CycleA Consolidation market cycle also known as Non Trending or Ranging market, which looks like a sideways / horizontal line of bars on a chart. Consolidating is when the market is struck between two horizontal support and resistance levels and cannot break these support / resistance levels for at least seven bars.You can use moving averages or other technical indicators to determine whether the market is consolidation or trending. In case of a consolidating market, the moving average line will almost be horizontal.Breakout CycleNow what is breaking out of a Consolidation? After the market has been consolidation for at least 7 bars and then the price sharply breaks out of this ranging market sharply to make a new high or low.That is basically it for the market cyclesHow does this affect your forex strategies...?The majority of forex traders only have a forex strategy for one or two market cycles. The most popular forex strategies being Trends and Breakouts.But recent research has shown that on average the forex market is in a trending cycle about 30% of the time, breakout cycle about 10% of the time and Consolidation for 60% of the time.So if your only forex strategy is for a trending market cycle then you will only be trading for 30% of the time and if you are one of the few that have more than one forex strategy with the most common being the trending and breakout strategies, then you will still be trading only 40% of the time.This means that you will be sitting on the sidelines for about 60% of the time. Whilst it is always important to have the patience to wait and pick high probability trades, waiting for the market to change cycles because you do not have a forex strategy for this market cycle does not make sense.Some forex traders will then get sucked into making trades with the wrong strategy into market cycles that the strategy just will not work in.This year in the July and August the market spent the majority of its time in consolidation and breakouts with very few trends happening. A lot of traders I know only did not have a strategy for this type of market cycle so they either lost money over these months or stopped trading altogether until the marker started trending again.I was myself was in the same position. About mid way through July, I realised that my strategies where just not cutting it in this market cycle and I set about on developing my forex strategies so they included one strategy for each cycle. Now I am comfortable trading and making pips in all market cycles.So it is important to have a set of forex strategies that cover each of the market cycles.You need to learn what the different market cycles are in addition to having correct trading systems. That means you should develop the skill of correctly identifying the different market cycles at the right time. Once you have the skill to identify the market cycles then it is important to have set of forex strategies that will cover each market cycle. As effectively identifying the market cycles is a skill that all successful traders have mastered. You need to learn how to adopt your approach to those cycles to remain profitable. Learn more about Forex Strategies

Online forex trading by Scott Ingram

Online Forex trading covers lots of forms with an incredibly wide specificity. In fact it all starts from a general solution that is central to the system, and it is on this that you start to make investments. Guidelines make the investment process smoother and allow for a smooth course of any online Forex trading system. Here is what you can do to improve your online Forex trading.
Investors usually have two options when choosing online Forex trading: to work on their own, with the help of some tools, or to get professional account management in collaboration with a dealer or a brokerage firm. If you have solid Forex knowledge, you may try your hand at transactions independently, but if you are a beginner, you should search for a reliable company that can help you place the money well. The market offers no guarantees, and both profit and loss are its inherent realities.
Traders are forced to stop trading by adding to losing positions. Why continue to invest in position that has made you lose money? This should help you limit money waste and prevent small losses from turning into huge losses. Keep alert and realistic of all the decisions and speculations you make with online Forex trading.
When do you take your profits? Always base your decisions on market information and not on what your account tells you. Don't make trades when the variables are too expensive for you, and once you decide on taking the profit, stick to it and do not continue to invest on descending trends. Market changes direction very often, and one can hardly anticipate the tides. Therefore, online Forex trading involves both assumed risks and facts.
Good decisions are not always possible. There may be days when online Forex trading does not make good business. Maybe you don't have enough money in the account, or when you don't have the time for a careful analysis of the indicators. Furthermore, adapt to sudden changes as the right way to keep losses minimum. Moreover, online Forex trading is different from all the other markets, and you should not try to use the same rules for different markets.