By admin | October 31, 2007 - 10:26 am - Posted in Articles

I’m here to help you get the best currency trading advice that I have to give. I going to help you look at trading as a simple task to make money, rather than this complicated task that makes you feel like you’re gambling.

The first thinking pattern you’re going to need to learn is that the value of a currency is only useful if it is in contrast with another. Saying the USD = 1.02 means absolutely nothing to you, but USD/CAD = 1.02 does. All I’m trying to say is that you got to always be looking at currencies in pairs. A currency doesn’t have a value, only a value with respect to other currencies.

The next thing you’re going to have to get past is something we get from our consumer culture; cheap prices. We as consumers are always looking for cheap prices on what we buy. The cheaper it is, the better off we think we are. But this only applies if you plan to buy and use for yourself. In this business you’re buying with the intention of selling later. What you’ll learn is that the price you sell at, is much more important than the one you buy at. Expensive currencies that are expected to keep going up are probably a better buy than cheap currencies that don’t have an expected outcome.

Lastly, you need to develop a confident demeanor. The last thing you need is to get cautious and hesitate on trades. It only causes you to miss out on opportunities and stress out. The only real way to gain confidence is through positive experience, so that’s why I suggest you use a demo account to make real live trades without actually using your own money. This gives you real world experience and when you’re comfortable enough, you can start to use your own money.

This is the best currency trading information you need to incorporate into your head today. I’m currently giving a 7 day . Newbies and experienced are all welcome. If you’re interested in participating, check out the .

By admin | October 28, 2007 - 10:26 am - Posted in Articles

Automatic forex trading systems can be the road to ruin and it is for most traders but you can win with them and make profits you simply need to know what to look for in deciding the system that’s right for you…

First avoid any system that carries this disclaimer.

“CFTC RULE 4.41 – Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading.

Also this will be stated

“Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown”.

So the track record is not a track record of gains at all it’s a paper simulation and you should avoid these

You want something that is proven to work in real time so seek out a forex trading system which has been proven and this means the following:

1. Audited track record at least two years long

2. Logic is fully disclosed and not black box

You need a real track record to show logic is soundly based and this really needs to be over a few years. Many systems present a track record over a couple of months – this proves nothing. Its long term you want and a variety of market conditions.

Forget about the idea of practicing in a demo account unless you want to do it for a few years it’s a waste of time. Look at the logic and track record check the vendor’s background and see if it makes sense to you. You also need to know the logic it’s based on so you can have the confidence and discipline to follow it through losing periods.

Not being able to ride out a drawdown period , is a common problem for traders they quit early when they could have won don’t make the same mistake expect drawdown as part of normal forex trading.

Many traders think it’s hard but you can build your own system and it’s a lot simpler than you may think. Furthermore there is an excellent free system we have written on the 4 Week Rule and we have used this since the eighties with success and great news is its free!

So if you want to win, make sure you avoid the simulated track records and get a real one that’s proven. You can also use the free one we have given you or build your own. Then understand any automatic forex trading system you use needs to executed with discipline, which comes from confidence and knowledge, on how and why it works.

So there you have it, your forex trading system can be a road to riches or ruin. If you want the route to profits and currency trading success, note the tips in this article.

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By admin | October 25, 2007 - 9:26 am - Posted in Articles

The carry trade is an investment strategy involving basic arbitrage between interest rates. Any Forex transaction comprises of simultaneously selling one currency and buying another. Object of the carry trade is to sell a currency with a low interest rate and purchase one with higher interest rate. Trader pays interest on the sold part of the trade and collects it on the currency that was purchased, capturing the rate differential.

This easy strategy has been a buzzword in Forex circles for many years. There are always differences in interest rates to be exploited and sometimes they are quite substantial. To make it more appealing, these imbalances can last for a long time, years even, making the carry trade a darling among the “easy money” crowd. Such was the case for JPY which had been heavily borrowed for years in order to buy NZD, AUD and GBP, until last summer. That’s when the now famous “unwind of the carry trade” took place, sinking a lot of over leveraged traders.

Since then financial press has been relatively quiet on the subject. Recently, though, new variants of the method have started to pop out. On of them involves USD being sold against a basket of other currencies. It is based on the premise that FED will continue to cut rates and the dollar will continue its weakness unabated. Since the outcome for rates of other major economies is also very uncertain, hence the basket of currencies. This makes it for a rather complicated strategy, requiring careful allocation within the basket. This particular a approach makes the carry trade a little more complicated than it needs to be.

Another option gaining attention of late is the use of emerging markets currencies, also known as exotics. Some of the relatively high yielding ones are, as of this writing, Brazilian Real, Mexican Peso, Turkish Lira and South African Rand. While they are not available on all platforms, more and more brokers are adding at least some of them to their offerings. As of late, Rand (ZAR) and Lira (TRY) seem to be leading the pack.

South African Rand has been actively traded for many years now, has accumulated a wealth of historical data and is probably most suitable for individual trader. South African Reserve Bank’s overnight rate stands 11%. Rates have been cut four times last year and this trend is expected to continue. This country has benefited enormously from the commodities boom, especially the metals. It’s not without serious problems though, very high unemployment rate, political instability, and failing infrastructure (electricity shortages) are sure to have effect on the Rand. This currency is available on most of the leading broker’s platforms.

Turkish Lira currently offers the highest interest rates in the industrial world. The benchmark overnight rate was standing at 15,25% lately. In 2001 the country started reforms, backed by International Monetary Fund, which greatly improved economic stability. This led to Turkey being one of the fasting growing economies in the world, for a few years running. Prospective European Union membership also increased the flow of foreign investment. However, country has to overcome very high level of deficit and external debt. Political instability is always possible, as well as the ever present threat of a military conflict with its Kurdish minority.

These exotics certainly offer interesting and tempting opportunities for carry trade enthusiasts. Combined with daily interest payouts and massive leverage availability, they are sure to draw attention of speculators. Let’s not forget, however, that the potential for loss is also high. During adverse times, exotic currencies will tend to move much faster than others. While worthy a second look, this carry trade is probably best suited for the most adventures traders, no matter how much hype surrounds it.

Mike P. Kulej is a Chief Forex Strategist for Spectrum Forex LLC. He specializes in mechanical trading systems as explained on Spectrum Forex LLC offers numerous services to individual traders. With questions and comments e-mail him at [email protected]

By admin | October 22, 2007 - 9:26 am - Posted in Articles

This is my official beginners guide to forex trading to help all those people that are new to this market become great achievers. This can be a very intimidating and complex business for those that are new, but it really isn’t all that complicated. If you don’t build it up as this big thing, you can do very well on a simple philosophy.


  • What’s The News Say?: Are you about to make a trade? Have you gotten any information from your free consultant television? The news is a large ground of information that are very important to forex traders. It’s not like currency does it’s own thing, everyday on the market place. The very news we watch everyday on television has an effect. What should you be looking for? Well, you need to identify the economic news. Topping the economic news would be the Central Banks of countries. Any time they announce interest changes, the value of currency will change. Other important news would be on economic growth, GDP, employment rates, etc. The next thing to watch would be the “emotional” news. People are emotional and the market will reflect that. Acts of terrorism, especially in places with commodities, will shack up the markets. Check out the news before you start making trades. It’s a free tool to take advantage of.

  • Lose Smartly, Not Stupidly: Everyone from the richest forex trader to the poorest forex trader have bad trades that result in losses. It’s just away of life in this business. The different between the richest and poorest forex traders is how they DEAL with it. I noticed aspects of the “gambler” come out in people with this business. You buy in and you’re down. You say to yourself “I’ll hold onto it, it’ll go back up”. It goes down further, “I’m going to hold onto it, hopefully I can make back a little of my loss”. It goes down further. As you can tell this is a cycle. You do not want to get in that. There is a point where you need to declare you’re out. An objective point. The best time to decide this is before you trade or a few seconds after you trade, than you don’t have to worry about it while you’re in the moment.

  • Automated Software: Automated software like Forex Killer is a needed tool for this business. You wouldn’t expect to see a carpenter without their hammer, so don’t be a trader with your software. You can’t be in front of the computer all the time and Forex Killer can be set up to end trades for you. It can sell when it hits a specific profit margin, or it can sell to protect you from losing too much.

For more information on the Forex Killer software, check out .

By admin | October 19, 2007 - 9:26 am - Posted in Articles

Nowadays, many people tend to use certain Forex currency trading software to help them in accurate Forex signal trading. While it is possible to gain huge profit from a Forex prediction software that is very accuracy, it is always better for you to know how to trade foreign currency manually and accurately. This is to enhance your knowledge and skill, so that you can make the decision whether to follow the indicators provided by the software.

Firstly and most important, you should understand the current market trend. Knowing the demand and supply of the currency pair, and the economic growth of the countries are very important to determine the winning pair in the long run. Forex currency trading is a game of patience, if you have the patience, you will win in the long run.

Secondly, you should look at both short term (5 minutes chart) and medium term (1 day, 1 week), to determine at which price you should go long or short. This is very important because after looking at the medium term, you should roughly know the possible range of the currency pair in the next few days. Then, you should decide whether you should go long or short, and find the best price using the short term chart. Many detractors will claim that the price is unpredictable and will go out of the range. However, think it in another way, wouldn’t this be a benefit for you if the price goes so high that it is out of range when you go long at a low price?

Knowing the concept that you should understand know the long term, mid term and short term trend, now you should know how to determine which price to go long or short. Generally, I use 3 indicators to help me in deciding when will there be a reversal so that I can reap the most profit out of it.

The first indicator is MACD (moving average convergence divergence), MACD is very useful in detecting possible reversal. When there is a cross between the fast and slow lines, this indicates that there will be a possible reversal soon.

The second indicator is RSI (relative strength index), RSI is used in conjunction with MACD to determine the current purchasing and selling power. A high RSI (over 70) means that the current market is over bought. If there is a cross in MACD, indicating that the price will go down, and RSI shows that the market is over bought, it is likely that there will be a reveral soon.

The third indicator used is Fibonacci retracement level. The first 2 indicators are used in accurate Forex signal trading to find reversal point, while the Fibonacci retracement level is to find which reversal is the most profitable one.

In conclusion, it is very easy to perform accurate Forex signal trading manually. Of course, it will be better off if you have a good Forex buy sell signal software to help you. However, wouldn’t it be more exciting in life if you can trade without any help from an Expert adviser software?

My team and I are currently using a that has an accuracy of 92% during calm day. You can get your hands on the software by attending my free 7 days Forex course in this website.

By admin | October 16, 2007 - 9:26 am - Posted in Articles

Perhaps, in your journeys to make money online, you have come across the term Forex. It may have sparked your interest briefly, then faded away. However, your interest was revisited and you noticed that there were some pretty high earnings claims tied to Forex trading. It seems that you can’t get away from hearing about Forex, Forex trading systems, strategy e-books, top secret money plans, and the like. You want to take the next step forward, but where do you start?

Forex trading is the buying and selling of currencies in the Foreign Exchange Market in hopes of making a profit. Sounds simple but what do you do next? There are two ways of looking at this. You can:

  1. Perform some heavy research and learn the market inside and out and hope that you can find a trading strategy that succeeds, or
  2. Use an automated Forex trading Robot to do all the work for you.

Sounds like a no brainer to me! Forex Funnel is one of these programs that allow you to trade Forex on complete autopilot. So, what does that mean, exactly? The Forex Funnel uses signals to pinpoint buy and sell opportunities in order to make the highest profit possible. This software has been tested and retested by Forex experts in cooperation with representatives from Forex brokerage houses. The algorithms within are extremely precise and have produced tremendous results historically.

Are you a Forex beginner? No worries. This software is automated and requires no previous experience. Even if you are a Forex pro, this software will allow you to enjoy your free time and let Forex Funnel do all the work for you.

If you feel that a six-figure income could change your life, you owe it to yourself to at least take a look at the proof. You can check the results at the page. This is a risk free opportunity because there is a 60 day money-back guarantee on this product. Give it a try!

By admin | October 12, 2007 - 9:26 am - Posted in Articles

First of all, let me congratulate you for your decision to acquire a forex trading software. This is the main step to developing a steadily increasing income from the forex market. One of the main reasons so many people end up losing their shirts when they try to trade on the forex is that they do it manually and don’t use any supporting software.

Two of the most renowned automatic forex trading softwares are Forex Autopilot by Marcus Leary and Forex Killer by Andreas Kirchberger. These 2 trading softwares have been used by thousands of people worldwide and even created a few lucky millionaires.

But which is the better one for you? Is it Forex Autopilot or Forex Killer?

To tell you the truth, for the home user who wants to raise his or her profits and make a steady handsome income from home, either of these two softwares will work. However, there are a few differences which you should know:

  • Each of these softwares comes with a lot of help to get you started. With Forex Killer, you may find Andreas Kirchberger’s accent to be a bit disconcerting at first (especially if you’re not a European), but don’t worry, you will soon get the hang of it.
  • Forex Killer works on all major trading platforms while Forex Auto Pilot works solely on the MateTrader4 platform. It shouldn’t make any difference to you but I thought you just might like to know it.

As to the support these 2 systems offer and the results they deliver, both Forex Killer and Forex Auto Pilot offer close support and can deliver excellent results. Just take a little time to get to know how they work, and then let them to the job for you. Your bank manager will likely be pleasantly surprised when he sees your next statement.

To read more about Forex Killer, click here: . To Read more about Forex Autopilot, click here: . John Drummond works from home. He writes often on business, trading, and finances.

By admin | October 9, 2007 - 9:26 am - Posted in Articles

The Forex Autopilot is proprietary software developed by a team of currency trading professionals and software engineers for the purpose of providing an easy to use profitable trading system to the general public. The software comes with complete instructions regarding instillation, getting started and personalizing it to meet your private trading requirements.

Step 1

Software based Forex Trading systems are by definition “Data Collectors.” In other words the first step in the process all Forex trading system do is accumulate information from various sources; obviously in this case it’s core figures come from currency records. All currency trading platforms are pretty much equal at this stage as long as they have plug into the proper statistical currency feeds. The next phases, which are programming the software, are what separates the superior systems from the average systems.

Step 2

The following stage is the encoding of the software is where it is essential that the initial collaboration of developing the basic structure of the software was established on the experiences of a profitable currency trading professional and an exceptional software engineer. The second stage is where after collecting the data it is determined what records are important and need additional consideration and what should be discarded. This is where the Forex Autopilot begins to distinguish itself from the competition. After all, what does it matter if the system collets all the vital numbers, if it then begins to start analyzing facts that are not necessary for the final decision making process.

Step 3

Now the system has collected the data and eliminated what it deemed unimportant and is concentrating on evaluating what has been put together. This is the third stage of the procedure where the actual decision making is accomplished. Depending on the quality of the professional trader’s profitable experiences and their explanations to the software engineers whose prime task is to program that knowledge into the software is what determines how valuable any individual system will be. In the final step all currency trading systems make decisions or recommendation to you and this is where you really start to see the shinning star of the Forex Autopilot.

The Forex Autopilot has been a leader among it peers in the one field that is really important to the consumer, which is to make them money consistently. As with all purchases of a Forex Trading system I make the same recommendation and warning. Acquiring the system is just the beginning, you must train yourself to use the software and be able to make money utilizing a demo account for a minimum of a one month period before actually trading with a real money account. If the most important factor from your perceptive is purchasing a Forex trading system that is going to be highly lucrative for you then the Forex Autopilot needs to be at the top of your list of systems to consider.

William R. Alheim, Jr., CPA, MA – for reviews of the TOP 10 Forex Trading Courses visit – Good Luck! I look forward to seeing you on the trading floor making money!

By admin | October 5, 2007 - 9:26 am - Posted in Articles

You’re probably feeling it already. With the price of gas being raised, and the costs of basic living expenses continuing to increase, many families are struggling in these tough economic times. With the dollar declining, many smart families have seen the benefits of trading currencies to take advantage of the foreign economies that are progressing. The best part, is that much of this requires very little capital investment, can be done in your spare time, and can be automated to the point where you simply set it up and collect.

Forex trading in effect in recession proof because it is not swayed by one country, government, or industry. In fact, it is truly the closest thing to a global open market, as it is traded twenty-four hours a day and nearly seven days a week.

While any sort of trading requires a bit of risk, Forex trading does not require massive amounts of capital to get started like other investments, and since trading happens so rapidly, you can quickly generate profits from your forex trading.

Forex trading can be complicated and risky if you don’t understand the principles behind, however, since the forex operates in such a mechanical fashion, computer programs have been developed to analyze these trends and make the best trading decisions possible.

These programs require no technical knowledge, just the disciple to stuck to the plan and not let emotions get in the way of the trading. By trading the forex market, families have been able to create a generous passive income stream to use for college savings, as a nice future retirement fund, or simply to aid in paying the monthly bills.

It’s a nice feeling to know that your family will be taken care of, regardless of the economy, and regardless of being dependent on a full-time job. Learning how to recession proof you family with forex trading is the perfect opportunity for those looking to gain some serious financial security and stability without a large investment of time or money.

Peter Aldrich highly recommends Forex Automoney to generate profits overnight and trade like a Pro. Be sure to take advantage of their trial membership and feel free to take his

By admin | October 2, 2007 - 9:26 am - Posted in Articles

The Number One Forex Trading Strategy is .. actually a combination of strategies. The truth is that there a number of ways to really do well on a consistent basis in the Forex market. instead of loading you up with some non-existent “holy grail,” I would rather provide you with real, proven and reliable Forex trading strategy. Here is the plan:

First, get your trading head on straight. You would be shocked at how many traders come to the currency market with all sorts of distractions and issues in their heads. How on earth can you make a wise decision in this frame of mind. It is actually, a good idea to review some monetary current events and data along with some basic trading principles about a half-hour prior to actually trading. I know this sounds monotonous but trust me, it is what the winners do.

Second, use your technical analysis tools properly. Trade on the Forex market with proven technical indicators. I like to start off with the 200 day moving average. This is the standard by which the “big money” judges the worthiness or timeliness of currencies for trading against another. It is obviously not the end- all- be- all but it is a great place to start. I then move on to the indicators that show me if a currency is severely over bought or over sold. If this is the case and the currency lines up with the 200 day moving average then I start to become very interested. Here is an example: The dollar is trading above the 200 day moving average. It is severely over sold. Now I am very interested in confirming this. How?

Third, use a reliable Forex trading software program with proven results and a positive reputation. I need clear and reliable signals from my software program and if these line up with the aforementioned indicators than I am feeling confident and ready to gain some significant pips. By the way, I have provided a link below for an objective review of the three leading software programs, I think it will help.

This method I just laid out is not pie-in-the-sky but it is proven and will more than likely make a winner out of you on the Forex market.

Get an Objective Review of the Most Popular Forex Trading Software Programs. is the place to visit.

See What Forex Trading Software REALLY Works! is the place to visit.