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Sunday, 29 September 2013

Features To Consider In Choosing An Auto Forex Trading Software

by: Smith Ries


As a foreign currencies trader, the best thing that you can do in order to protect your investments in to buy a good auto forex trading software. Big and small investors alike have found a way to use tools like this to make their investment plans much more effective. Going down this route will also do wonders for people who are looking to diversifying their portfolios. As a matter of fact, trying your hand in auto trading can be the best thing that you do in your forex trading career.

Believe it or not, some investors even believe that buying an auto trading software reaps benefits that parallel that of hiring your own personal trader. This is because you will have the capacity to manage your account without actually being there in person. All you would need to do is to set the parameters in which your auto forex trading software will work in. You can literally sit down and watch as your auto trader earns money for you.

Here are a few things that you should look into in searching for an auto trader that will best fit you. Use these specifications the next time that you shop around for the trading tools that you will use.

Obviously, the first thing that you should look into is the level of ease on which you will be able to use your auto trader. There is no use to buying a trading software if it will present you with different difficulties when you use it. Make sure that you choose an auto trading software that fits your level of expertise, to keep you from encountering any problems in the future.

In addition to this, you should also look into the success rate of all your potential candidates. Needless to say, you should go with an auto trading software that has a good profit-to-loss ratio. This way, you can ensure that the trader that you will buy can help you increase your earnings and minimize your loses. Coupled with a good investment plan, you will no longer have any excuse not to be successful in trading foreign currencies.

Using the right system will actually give you the opportunity to generate regular income from Forex. . Forex Automoney have released an unbeatable trading system based on generated buy/sell signals, amazingly simple. For more information please visit us at http://www.fxautomny.info

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Saturday, 28 September 2013

FAP Turbo Forex Robots: Advantages of Automated Algorithmic Trading

by: TonySchwartz

Trading on the Foreign Currency Exchange, a lot more commonly referred to as Forex, is defined as an over-the-counter global monetary marketplace for currency trading. This marketplace determines the relative values of worldwide currencies. The fundamental purpose of Forex would be to enable international investment and trade, essentially allowing companies to convert 1 monetary currency to yet another. Normally, a transaction consists of a party buying a set quantity of 1 currency with an equivalent quantity in yet another currency. Forex is unique in that it has a high liquidity because it constitutes a massive trading volume, has an extensive geographical dispersion, it operates continuously 24/5 24 hours each day Monday by way of Friday has a vast amount of aspects that can impact the exchange rates, as compared with other markets it has a low margin of relative profit and its exclusive simply because it uses leverage to enhance profit margins.

That being said, using Forex robots might be very advantageous. This is due to the fact, first and foremost, you don't need to physically trade the program, which could be exceedingly time-consuming. In addition, automated trading utilizing a software remedy like FAP Turbo will enable you to take trades anytime day or night. This is particularly critical for performance-based systems where performance is increased when numerous trades are utilized, thereby opportunities for trading is maximized even at times when the trader might be sleeping or otherwise occupied. In addition, numerous systems could be traded including systems that rely on several indicators or, to be able to diversify risk, trade in shorter or longer time frames.

An additional benefit of automated trading is that robot trading is entirely unaffected by a traders psychology. Trading in this way also enables the development of new systems that have proven to be challenging for the average human to maintain up with an example becoming systems that utilize high-frequency trading utilizing tick data. Therefore, you can find no limitations concerning the ease of use or the practical human elements involved in designing an automated system.

In a lot more simplistic forms, top quality software for example the one by FAPTurbo makes it possible for for algorithmic trading. In effect, the computer software will enter trading orders and the algorithm will determine aspects of the trade itself such as quantity, price or timing. Algorithmic trading is used widely in investor driven institutional trading too as pension funds and mutual funds. Furthermore, it enables you to disperse large trades into numerous smaller, much more manageable, trades so that you can manage the ups and downs inherent in any marketplace.

Approaching emerging foreign exchange markets can be rather daunting. Now, you'll find quite a few automated trading systems available that could assist you to maximize the performance of your trading portfolio. FAPTurbo is one such system which will allow you to take a hands-off approach but still get the maximum outcomes.

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Friday, 27 September 2013

Professional Forex Trading System Explained


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Online Forex currency trading Tools - View the Various Options Available

by: Weldon Vaughan


Online forex currency trading tools are a big help to new forex forex traders. Even experienced professional traders often depend on a few of these resources to verify their trading decisions. Due to global connectivity and telecom revolution, forex trading is not limited to large corporations alone. Retail traders too are entering the foreign exchange market in a big way with the aim of earning money.

Currency markets may be the largest financial market in the world both in terms of size and amount of transactions handled. It may be risky to begin trading forex currency by yourself without any formal forex education or without the assistance of a trusted forex trading tool.

The major drawback to any online method is the potential of it being a scam. It's very easy to make up false product performance statistics and post them on the Internet. Therefore watch out for online scams. Ensure that you execute proper research to determine the authenticity of information and claims produced by the merchandise developers online.

The different possibilities for you to choose your online forex currency trading tools are

Trading platforms of existing professional experienced traders

Numerous successful professional forex forex traders market their own trading strategies online. Read the trustworthiness of the trader to start with. If possible verify his or her background over phone along with other experienced traders recognized to you. Being backed by an existing successful trader, such systems normally deliver whatever promised.

Forex forums

By participating in popular forex currency forums, you can aquire a lot of information on online forex trading. By using these forums you can talk to experienced professional traders who are already making use of reliable online resources for trading forex. Information regarding services launched can also be exchanged amongst users of forex currency forums.

Currency markets trading is not the domain of huge institutions alone. Ordinary people like you and me can certainly learn the basics of forex currency trading education and start trading viably on the market.

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Thursday, 26 September 2013

Beginner Guide to Investing | Forex Trading | Currency Trading


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Trading Forex Trends

by: Ahmad Hassam

We all know how to drive a car. But have you driven your car or your jeep in mountains? If you have, you know that driving in mountains require a totally different style of driving as compared to driving on a level road. Or have you been ever caught in heavy traffic in the city? Whatever, the purpose is to tell that drive a car requires a different style at different times. In the same way, when you trade, you need to adopt your trading style in accordance with the market conditions. Market conditions vary and your trading style should vary as well!

What this means is that you need to adopt an appropriate trading style in accordance with the market conditions. Now there are three basic types of market conditions: Trending currency pairs have a definite direction. Range bound currency pairs bounce between the support and resistance levels. Consolidating currency pairs are bound in a narrow consolidating area.

Each market condition requires its own appropriate technique. What is appropriate for the trending market may not be appropriate for a range bound or a consolidating market. Now when a market is trending, it has chosen a clear direction. History shows that trends in the forex market may last for years.

Once you have clearly spotted a trend, it is easy to trade one. In case of a trending market, the currency pair has a clear direction. What this means is that there is very less tendency for the stop loss to get triggered as the currency pair is moving in an established direction.

In contrast to a trending market, in a range bound market, the currency pair price action is bouncing back and forth between the support and resistance. The price action always comes back to the starting point. What this means is that the trading technique for a range bound market is totally different than a trending market.

You can identify a trending market with the help of a trendline. Now drawing a trendline is always subjective. Ask five traders to draw a trendline and all may come up with a slightly different trendline. Nevertheless, a trendline can show you the direction of a market by simply drawing a line.

You can also use the ADX ( Average Directional Index) Indicator. If the reading on the ADX chart is above 35, it means that the market is in a strong trend. However, ADX does not show the direction of the trend!

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Tuesday, 24 September 2013

Best Forex Trading Education

by: Ricky Lim

There are many forex trading courses and educational material that a person can find online. However how does someone go about finding the best Forex trading education information? Certainly there are huge amounts of information that will educate you about Forex trading, but not all of it will help you to achieve your goals of making a profit rather than losing.

Below are some guidelines which should help you to find the best forex trading education course

Point 1 - Avoid Day Trading Systems

Many people when starting out in Forex trading will be enticed into thinking that the best way of making money is through day trading. Certainly if you were to ask a person who is selling a Forex trading course for details relating to their real time track record with regard to profits relating to day trading they will not be able to provide one to you.

So if you are looking to produce an income from your trading then do not waste your time on day trading.

Point 2 - Real Time Profit Records

When buying any sort of forex education course, you need to be provided with these records. If a person selling their system does not have confidence in the abilities of their system and are not investing their own monies then why should you. Unfortunately some of these courses being offered online today are from people who have either never traded in their lives or have failed when they have used the system themselves.

Point 3 - Understand It

Once you find a forex trading system which either has a track record or is willing to show their real profits then there are some other things which you will need to take into consideration.

It is important that you learn everything you can about the system in question so that you understand it completely. Unfortunately if you have no understanding of how the system works then you will not have the confidence to trust in it and follow the system through to a likely conclusion if you start to suffer losses.

By keeping these points in mind, you will find the best Forex trading education that is suited to your kind of personality. There are literally hundreds of places on the web that can offer you an education as well as free advice on Forex trading so do some investigating and you will soon find one that is ideal for you.



Ricky Lim is the owner of http://www.learn-forextrading.net where he has forex tutorials and tips on forex currency trading for beginners.


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Sunday, 22 September 2013

Shocking Truths About Forex Robot Back And Forward Tests

by: Ahmad Hassam

Retail forex market has been swarmed with forex robots. Everyday you will find a new forex robot being launched with a lot of fanfare and tall claims. Now an important question that should come to anyone's mind is that can you trust the screeshots shown on a forex robot website?

Most of these websites have been designed solely for the purpose of marketing and selling that robot. Almost all these websites talk about Back Test Results. Let's discuss what these back test results mean.

First what is a back test? Back test is done using historical data on a particular currency pair. Back test is usually done to see the performance of an automated system under the past market conditions. So when you see a robot website, you will read how much it could have made in the last five or ten years. Suppose, you have historical data for the currency pair GBPUSD for the last six months. You perform a back test to check the performance of a robot with that historical data.

On the back test the robot is giving a very good performance. You are impressed. Now keep this in mind this is historical data. If the robot performed well in the past, there is no guarantee that it will do so in the future. When you back test, it simply misses the widening of spreads and the slippage that takes place during live trading. Let me explain more. When you are trading live, the spread widen if the liquidity thins in the market. If the liquidity in the market is good, normal spread can be like 2 pips. But in times of high volatility or low trading, liquidity thins in the market. The broker will widen the spread to compensate for this low liquidity in the market. In night when most of the banks and big corporations are closed, the liquidity in the market is usually thin. So most of the time, you will find the spread to widen to 3-5 pips during late hours.

When there is some economic news release, again liquidity dries up as most of the big players want to watch the market and stay out under volatile conditions. At the time of economic news release like the NFP Report or other important reports, you might find the spread to widen to as high as 20 pips. When you are doing the back test, these factors are simply being ignored. It is being assumed that the spread is the same say 2 pips. Now, you can well imagine how accurate a back test can be. It can only be a rough indication of the future performance of the robot and nothing more than that. So back testing simply ignores the widening of spreads and the slippage that are always present under live trading conditions.

This was the actual truth about back testing. What about forward testing? When you test a robot on a demo account, it is known as forward testing. When you do demo trading, you are using real time data but the money in the account is virtual or fake.

Demo accounts behave differently than live accounts. You should know this. In demo trading, you are using virtual money or fake money. This is one difference. Let me explain how this makes a difference. When you buy and sell, the broker has to find someone who can take the opposite position. This is known as offsetting.

This is done automatically through the broker's trading server. Now this is not instantaneouly. It can take sometime. In some cases, it is impossible to find someone to take the opposite position to your buy or sell order. So what is possible on a demo account may not be possible on a live account. So what gets executed on a demo account maynot get executed on a live account. The only test of a forex robot is live trading.

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Saturday, 21 September 2013

Forex Trading: Calculating Profit And Loss In Foreign Currency Trading

by: Gregory DeVictor

The foreign exchange market, or Forex market, is an around-the-clock cash market where the currencies of nations are bought and sold. Forex trading is always done in currency pairs. For example, you buy Euros, paying with U.S. Dollars, or you sell Canadian Dollars for Japanese Yen. The value of your Forex investment increases or decreases because of changes in the currency exchange rate or Forex rate. These changes can occur at any time, and often result from economic and political events. Using a hypothetical Forex investment, this article shows you how to calculate profit and loss in Forex trading.

To understand how the exchange rate can affect the value of your Forex investment, you need to learn how to read a Forex quote. Forex quotes are always expressed in pairs. In the following example, your pair of currencies are the U.S. Dollar (USD) and the Canadian Dollar (CAD). The Forex quote, USD/CAD = 170.50, means that one U.S. Dollar is equal to 170.50 Canadian Dollars. The currency to the left of the "/" (USD in this example) is referred to as base currency and its value is always 1. The currency to the right of the "/" (CAD in this example) is referred to as the counter currency. In this example, one USD can buy 170.50 CAD, because it is the stronger of the two currencies. The U.S. Dollar is regarded as the central currency of the Forex market, and it is always treated as the base currency in any Forex quote where it is one of the pairs.

Let's go now to our hypothetical Forex investment to show how you can profit or come up short in Forex trading. In this example, your pair of currencies are the U.S. Dollar and the Euro. The Forex rate of EUR/USD on August 26, 2003 was 1.0857, which means that one U.S. Dollar was equal to 1.0857 Euros, and was the weaker of the two currencies. If you had bought 1,000 Euros on that date, you would have paid $1,085.70.

One year later, the Forex rate of EUR/USD was 1.2083, which means that the value of the Euro increased in relation to the USD. If you had sold the 1,000 Euros one year later, you would have received $1,208.30, which is $122.60 more than what you had started with one year earlier.

Conversely, if the Forex rate one year later had been EUR/USD = 1.0576, the value of the Euro would have weakened in relation to the U.S. Dollar. If you had sold the 1,000 Euros at this Forex rate, you would have received $1,057.60, which is $28.10 less than what you had started out with one year earlier.

As with stocks and mutual funds, there is risk in Forex trading. The risk results from fluctuations in the currency exchange market. Investments with a low level of risk (for example, long-term government bonds) often have a low return. Investments with a higher level of risk (for example, Forex trading) can have a higher return. To achieve your short-term and long-term financial goals, you need to balance security and risk to the comfort level that works best for you.


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Friday, 20 September 2013

Forex Trading System - Candlestick Trading Series 1

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Best Expert Advisor to Make Money From Forex

by: William Barnes

Forex is the name used for the trading of foreign currencies. The market decides the values of items in different currencies in comparison to each other. Dealing with this on your own can be difficult and you will be best getting the best expert advisor that you can. I will also be discussing about a high quality Forex software that is making me consistent returns every month.

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Once you have decided to use a robot you need to know which ones are the finest. As a newcomer, you may be interested in the views of more experienced traders. Last year there were more than a dozen new ones added.

There are a couple of robots that have become trusted by many and are regularly being updated. Luckily owners will automatically be told if there is an update imminent. If they reach the 50th version, there must be plenty of experience in there.

Tests are carried out over a limited period. Unless there is more than 3 months service recorded, they will still be classed as newcomers. It will take more than that brief spell to give consistent figures.

You will also need to decide how much of a risk you want to take and then decide between a profit rocker and safe and steady. Profit rockers will give you a really good rate of return, but you will be taking a risk. If you do not want to do that, you are best choosing the safe and steady, as they will still return a profit, without all the risk.

Not all robots have a cost to and there is a need to wonder why some will be free and yet others can be quite expensive. Research is a must, and the internet is full of reviews and research from people who have already used them. The most valuable thing you could do is to make sure that you spend the time to make sure you get the best expert advisor. I personally made more than 8 times on my money using a Forex automated trading robot.

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