By admin | November 29, 2007 - 10:26 am - Posted in Articles

Forex currency predictions are always hard to make, especially in volatile times like the one we are in now. But I will still try to do my best and provide you with my Foreign Exchange prediction for 2008 in the hopes that it will help you make more money in the following month.

Of course, I can’t give a forex prediction for every single currency in the confines of this article, and so will limit myself to just a few.

USD prediction – The US dollar has lost a great deal of its value in relations to all the other major currencies in the world. In recent days it has strengthened somewhat and I’ve even heard evaluations that it will continue to strengthen in the coming months. I disagree. The Fed is likely to continue to reduce interest rates which will make the dollar unattractive in comparison with other currencies. Furthermore, the crisis in the financial sector has still not said its final word, and we’re likely to see more investment institutions declare massive losses in the coming months.

Euro Prediction – The Euro has increased in value in relations to the US dollar and has even broken record high levels. This is a trend which I believe will continue in the near future for a number of reasons: Europe is less affected by the crisis in the financial sector, Europe shows little signs of a recession, the European interest rates are much higher than those in the US, Japan, and other central countries. Therefore, the Euro will continue to rise in value,and I would hold it.

British Pound Prediction – With all the talk about the recession which is looming over America, people miss the fact that the British Pound is also going through a slump. And indeed, the pound is under a great deal of negative pressure. The reason is that London is a huge financial center, and since the crisis is mainly in the financial sector, the British economy is likely to suffer.

To sum up, invest in the Euro, not in the Dollar or the Pound. This is my, shortened, Forex Currency Prediction for 2008.

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John Drummond works from home. He writes often on business, trading, and finances. To read John Drummond’s review of the 2 best Forex Trading Softwares, click here: .

By admin | November 25, 2007 - 10:26 am - Posted in Articles

Forex Tracer is an autopilot program for the Forex Market. There isn’t a whole lot to these programs, but basically you leave them on all day long at your house, and the program makes money for you. Sounds too good to be true? It isn’t and this program is flying off store shelves

Forex Tracer is the new kid on the block when it comes to autopilot programs, and it’s come in swinging. Hard. This thing has already captured much of the autopilot program market because it does a couple of things way better than the competition. I’ll guide you through these differences and you can decide for yourself the best program to make money with.

First, it’s algorithms are more advanced. What that means is, it’s making more money than the competition. It’s newer, it’s leaner, and it’s better essentially. It calculates risks better and is clearly a step up from the competition.

The other thing it does that no other program does? Forex Tracer has fantasy oney baby. What does that mean? You can use the program in a “virtual environment”, meaning you don’t have to invest to see if it makes profits. It will go about its business as if it’s buying and selling with real money, and then give you a report on how much it would have made if you we’re using real money.

What does that mean essentially? Combined with Forex Tracer’s 60 return policy, you can’t lose. If the program makes fantasy money, invest yours and make a ton. If the program isn’t making money, return it for a full refund. It’s hard to top that. That is why Forex Tracer is my personal program of choice.

Using Forex you can make thousands of dollars using autopilot programs. Get in before the competition does.

For reviews of the top-selling Forex Autopilot programs, head here

By admin | November 21, 2007 - 10:26 am - Posted in Articles

If you’re a beginner and looking for a good forex trading course then beware because there are a lot of bad apples out there. In this article, let me show you what to look for in a good program and how to avoid the scams.

The Basics

Any good course should take you through the basics. What the forex is, who are the participants etc. This is not crucial because you may already have some idea.

Analysis

This is absolutely key. If you want to profit by trading forex then you need to know how to analyse the market and predict which way prices will move.

Any course that does not include any emphasis on analysis is useless. You might as well stay at home and roll a dice to determine how you will trade!

Strategies

A decent course will show you some of the basic strategies. Although every trader is different, there are many shared opinions on standardized methods and approaches to the market.

Discipline

Discipline is absolutely key in forex. If you let your emotions get the better of you then you will lose money. Any good trading course must have a section on discipline.

You can learn all the analysis in the world but if you have no discipline for using it then you cannot profit from it.

Automation

Most good trading courses will touch on the automation side of trading. Many forex traders perform basic analysis but very few of them rely on this alone to make money. It is common to rely on the opinion and analysis of others to free up your time and concentrate on other things.

Sure, you could dedicate every waking hour of yours to learning about forex but it would still take too long. Every good trader needs to trust various sources to make money consistently.

Are you ready to step up to the plate and become a consistent winner? It’s easier than you think, I should know. Claim your free forex report and beginner to pro lessons at

By admin | November 18, 2007 - 10:26 am - Posted in Articles

Forex trading for beginners is straightforward if you have the right mindset and get the right forex education however, you must avoid the mistakes enclosed which will slash or even worse wipe out your equity…

Here are the 10 most common mistakes in no particular order of importance – there all important.

1. Don’t Day Trade or Scalp

All short term volatility is random, you can’t measure what millions of traders will do in a few hours so don’t try.

2. Avoid Most Forex Robots

I see these forex trading systems all the time and they all claim great profits but the track records are all simulated in hindsight and have never been traded.

If you trade one of these you can kiss goodbye to your equity.

3. Don’t Predict

If you predict you are simply hoping and guessing and that won’t get you far in currency trading or life – trade confirmation and the reality of change and don’t guess.

4. Markets do Not Move to Science

Many people claim they do and follow the methods of Gann, Elliot and Fibonacci but they don’t work.

If markets moved to a scientific theory, we would all know the price in advance and there would be no market – common sense yet, many traders fall for this ridiculous idea, don’t join them.

5. The harder you Work the More You Make

In a normal job yes, in forex markets no.

You get paid for being right with your forex trading signal and that can take you ten minutes or ten hours – you earn your rewards for results.

Work smart not hard.

6. Following expert Opinion and News Stories

The markets are a discounting mechanism and news is discounted instantly, it also reflects the greed and fear of the crowd who lose. Will Rogers once said:

“I only believe what I read in the papers”

He was joking of course – but it’s surprising how many people follow the news and try and trade it – don’t do it!

If you do, you will end up losing.

Markets move on trader’s view of news and their emotions. The facts are unimportant its how they are perceived that determines the course of events.

7. Using a complicated method

10 indicators are better than 2 – dead wrong.

A complicated forex trading strategy , will not as a general rule beat a simple one as it has to many elements to break.

Simple systems have and always work best, as they are more robust.

8. Making Money in Demo Account Means You Will Make Money for Real

No, a demo account helps you learn how to trade not to make money and you need to understand this:

There is no pressure on you and therefore it’s not a real trading experience.

9. Not Being Patient

Many traders think the more they trade the more they will make – wrong. You get paid as we said earlier on for being right and that means waiting for the high odds trades.

I know traders who trade around 10 times a year and make 200% or more.

If you want fun and excitement do something else. If you want to make money, being patient is a key element to learn in your forex education.

10. Snatching Profits to Soon

When you first start trading, you will be tempted to snatch profits – but look at a forex chart – the big trends last for months weeks and years.

if you have the courage to hold them and take short term equity swings against you, you will be well rewarded when the trade is finally closed with a thumping profit.

Traders have more problems holding profits than they do cutting losses, don’t make this mistake.

Now here is the major problem that causes most losers to lose – I will ask you the question:

What’s your trading edge defined? i.e. why will you win, when the vast majority 95% of traders lose?

What’s Your Edge?

Don’t know what your trading edge is?

You don’t have one and will lose and it’s back to your forex education until you do.

We hope you found our forex trading for beginners of use and that you will avoid them in your forex trading strategy and enjoy currency trading success.

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By admin | November 13, 2007 - 10:26 am - Posted in Articles

Novice and expert traders agree that trading signal subscription services are useful trading tools. Using trading signals to help with buy and sell decisions eliminates some of the guesswork. However, the foreign exchange market (FOREX) is always unpredictable. Even the most skilled analysts sometimes make errors in judgment. Or, the market takes a turn so unexpected that analysts and traders are taken by surprise. Generally speaking, however, trading signals tend to produce more profits than losses.

“Trading signals” are simply advice and recommendations on buying or selling on FOREX. They are delivered electronically to traders when they open an account with a trading signal company. These signals are based on algorithms developed by experts. The algorithms analyze an individual trader’s profile and criteria. They compare these against the current market status and prices. They then make buy and sell recommendations based on this data. The subscriber receives e-mail notifications outlining these recommendations.

Each buy and sell signal consists of two price data. They are “take profit” and “stop loss.” A “take profit” indicates that the price of a currency is trading higher than it was at the time an order was placed. Using the euro as an example, a trader may see an upward swing in the price. The higher it rises, the more it will be traded. The investor decides his target price and places the order. When the euro reaches the “take profit” level, the profit is automatically transferred to his account.

A “stop loss” is based on a trader’s own criteria for minimizing the risk of loss. The trader pre-sets this target based on his own comfort level. It is an order given to a broker to buy or sell a stock when it reaches a particular price. The “stop loss” is the trader’s hedge. The investor’s euros will be sold when their value falls below the price at the time of order.

There are several advantages to using trading signal subscription services:

* It takes much of the guesswork out of trading on FOREX. It’s like having a panel of experts working for you. Trading signal services relies on data and market analysis gathered by those who know FOREX. Financial professionals, mathematicians and computer programmers contribute to the development of the software. The algorithms make determinations based on this information plus the trader’s criteria and the current market status. The result is a trading signal delivery system tailor-made for each individual trader.

* It’s possible to make multiple trades simultaneously. A lone trader cannot be tied to a computer screen all day long watching the market. The market also changes quickly and frequently. What was true of a currency’s value in the morning may be old news by noon. Instead, the investor can watch for his trading signals as they flow in. He can make multiple trades and be assured that his criteria are followed.

* You can “try before you buy.” It can be daunting to place money on a system that you’ve never used before. That’s why most trading signal subscription services recommend demo or practice accounts provided by FOREX brokers. Traders are given virtual credit. The investor can set his criteria and then play the market virtually. It usually takes only a few weeks to understand the signals. The trader can gauge his virtual success and decide whether a subscription would be worthwhile. People who use practice accounts typically find the experience educational, insightful and valuable.

There are numerous trading signal subscription services to choose from. Most range in price from $50 to $100 per month. Most offer the same basic services. Packages vary slightly from company to company. To name a few, Forex Trend System and Forex Winning Signals are well known subscription services with trial membership. Comparison shopping and trying demo accounts from several services can help you choose.

Kote Dylan is a beginner of FOREX trader. He has traded the market with a demo account. For those who are new to FOREX, it is recommended to visit Forex Trading System and find out which trading software, tutorial or trading signal subscription service fits your need and budget.

By admin | November 9, 2007 - 10:26 am - Posted in Articles

Forex Tracer is probably the hottest Forex trading system available. They claim that even those with no experience can make a killing with this trading system, just by leaving the program running on your computer on autopilot! According to the designers, all that you need to operate this program is the ability to leave your computer running on a reliable internet connection. Well, my friend, That’s a pretty hefty claim… Let’s see how Forex Tracer stacks up…

First I wanted to know who designed the Forex Tracer program. Hey, I don’t trust my money to just anyone so I did some digging. I found that Forex Tracer was designed by expert traders, which gave me a little more confidence in this program. (Not much, though. I still needed to look into this a bit closer) Hey, these days you can’t be too careful. Apparently the expert advisors who developed this program worked alongside mathematicians to develop the algorithms that make this program perform. Well baby, I’m ready…show me the money!

I must say that I was pleasantly surprised when I was able to install Forex Tracer in only minutes. (Not sold, just surprised at how easy it was to install) To be safe, I installed the program on one of my older (and slower) computers, as their website states that you don’t need a “super computer” for their program to work. Just a reliable connection. Well, I have to admit that I was able to install Forex Tracer in minutes without a hitch. Okay. So far, so good, but lets start the engine and see how this baby performs…

Being the eternal skeptic, I decided to tryout Forex Tracer in the “Demo Mode” which they include with the program. Okay, I hate doing this, but I must admit that I found the demo mode really attractive. I was able to “test the market” using the demo mode, without investing any of my own funds. The Forex Tracer demo mode actually uses “simulated money” which allows you to test out their system before you crack open the piggy bank and spend any real denero.

I actually found the Forex Tracer program easy to understand and have to admit that, most likely even those with no trading experience should be able to use this system. Since Forex Tracer does all of the buying, selling and trading for you on autopilot, it doesn’t get any easier trading Forex. All I did was turn the program on and it was like having my own elite trader working for me. Yeah, I have to say, that was kind of refreshing.

Also this program is reported to have been through stringent testing under all types of markets. With the market being a bit quirky these days, this was good to know. (Besides, we’ve all heard that this is the type of market where the smart traders make their killing) Okay my new found personal elite trader, start makin that killing. I’m waiting and I’ve already got the new vacation home picked out…

Since Forex Tracer reports some pretty amazing numbers, I expected no less from my experience with their program. For instance, the “maximum” winning trades in a row is reported to be over 50 while the “average” winning trades in a row for their program is 19! Now that’s what I like to hear, keep talkin baby! They also report profits of up to $335,000! I had the maid dust off the safe, so let’s get started…

Don’t worry, I didn’t forget. I know that you’re waiting to hear how Forex Tracer performed. Well, I have to admit, that I’m still “playing” the market, so to speak with my demo account, but I am rather happy, as well as somewhat surprised with the results that I am seeing. I must admit that this is totally unexpected. Remember me, the eternal skeptic? This is quite a turn of events as I did not think that I would be admitting that Forex Tracer really performs. (I have to admit that deep inside I was hopeful) Although, I did find one downside regarding this program…I do wish that I had been using my “real” money, instead of “simulated” money in demo. Yeah, I know. Some of us never learn…

My recap of Forex Tracer? First, their program is available to the public for $97. Not bad, since you can spend a fortune on other Forex systems that get you nowhere fast. There is a 60 day, 100% money back guarantee. I don’t know how you can beat that. You can test the programs performance using “simulated money” before ever investing any of your own funds. As far as I can see, this is a zero risk decision, even for those who are new to trading Forex.

My final verdict? Even though I didn’t believe it before my review, I must admit that this program seems to actually walk the talk and it really does deliver! I usually hate it when I’m wrong, but this time I actually came out ahead. As far as Forex Tracer is concerned, I would still have to say, “Don’t Waist Your Time” Yeah, you read that right…Don’t waist your time trying out any other system! lol. Trust me, Forex Tracer is the perfect autopilot program for anyone who wants to start trading Forex the easy way.

For reviews of the hottest available right now !

By admin | November 6, 2007 - 10:26 am - Posted in Articles

It’s so silly reading some of the reviews of Marcus Leary’s Forex Autopilot. And yet, if you’re like me, you’re looking to find a system that will actually deliver on its promises. What all traders in the world dream of is a system that you can put in a few numbers and sit back and watch TV or jet over to Buzios to lay on the beach. What we all know is that no system is perfect, all systems take some work, all systems take some getting used to, all system can generate a profit sometimes. Knowing that, I am ready for the next step.

What Forex Autopilot tries to do for us is automate trading based on market moves. And the Forex market is much better suited for these sorts of robots, in my opinion, because they are open all day and night. Forex Autopilot isn’t the first trading robot on the market, nor will it be the last. And some of these are by design developed more for seasoned traders than others. Where does Forex Autopilot stand?

I would put Forex Autopilot in a range where you could use it as a beginner trader, but you had better understand Forex trades, especially market cues, because of the nature of this program you can get in over your head pretty deep fairly quickly. Automation is key in Forex Autopilot which means it will probably operate far ahead of your understanding if you are brand new at this. How much do you need to know?

One of the basics of trade is that in Forex, if you stick with the medium term trades, you can profit on the majority of your trades. Think of it as making many small moves rather than cashing in on one major good deal. And this is how Leary designed Forex Autopilot; small, consistent wins over and over. We know this as the Fibonacci Formula. And when it works, it is a delight. If you could make small successful trades repeatedly, and automatically, you would have the Forex Autopilot system, in essence. My next step is finding out how this program ticks.

What Forex Autopilot does that is difficult for any of us is determines the best time at the highest profitability to enter a trade. Almost like magic when you look at a market Forex Autopilot will tell you when it feels is the best time to get in and given the changing data of the market, when is the best time to get out as the risk becomes too high. This is similar to what the say of other systems. And as I’ve said in previous articles, these programs are best tested with a demo account at your local Forex broker before putting them to the test with real money. And now my final word to beginners.

Please use this software carefully. As you trade, Forex Autopilot is designed to move into bigger and bigger moves which can have you in deep water in no time flat. My suggestion here is to learn what you can about Forex and use the demo account provided with Forex Autopilot. However, don’t let your fear keep you out of what can be a very profitable move for you and your family.

Most programs will allow you to review a lot of their information. With that in mind, I’ve checked out many of the current and offer my opinion on the top three. Discover how trading Forex correctly can change your life by visiting my website.

By admin | November 2, 2007 - 10:26 am - Posted in Articles

So you want to learn how to trade the forex! There are many ways in which to do this but as a complete beginner your best bet is to go with one of the best forex autopilot software packages.

There are so many on the market however as an ex stockbroker I would advise that you read the reviews before you make any purchases. There is a link to a review site at the end of this article but first read the rest of this article.

There are some golden rules that you need to stick to to trade the forex, even with using the best forex autopilot software.

No1: Work out the money you actually have to be able to invest so you are able to trade the forex. As a rule this should always be money that you really could afford to lose. Although to be honest how many people do you know that can actually AFFORD to lose money. As a general rule I would say just make sure that if you were to lose then it would not send you bankrupt.

No2: You need to make sure that any autopilot software you purchase to trade the forex is not a pro’s system and costs you thousands of dollars. The cost of the software should be no more than $200 if not less than that. The market leaders sell so many packages that they generally keep the costs down to around $100. They may display $200 but at the bottom of there purchase page you will be told if you purchase now you can have it for half the price! Excellent I say as that means $100 for your trading account.

No3: Make sure that the software does not have any hidden charges, the two packages which in my professional opinion are the best on the market are completely what you see is what you get and best of all offer a money back guarantee. The review of these products will explain everything for you in great detail.

Check out the review site for the best forex autopilot software so that you can trade the forex with peace of mind. Happy Trading.

You Need to read a full review on the best packages for you which you can find by ! or just go to