Monday, November 9, 2009

FOREXYARD Trading Platform

With the Forexyard trading platform, you can open your Forex Yard account and be trading within minutes. Forexyard allows you to fund your account with a credit card, and if you choose their Java based trading platform, you can execute all of your Forexyard trades online with no software to download.

Forex Yard offers guaranteed spreads of 3 pips on EUR/USD and 3-5 pips on other major currency pairs. The executable prices are guaranteed, just click on the current bid or offer, and the trade will be yours at that price. There is no slippage between the price quoted and your final execution price. Forexyard prides themselves on their “no slippage guarantee”. In most cases stop orders are executed without slippage as well, although in more volatile markets no trading platform can guarantee this 100%.

Accounts offer leverage options from 25:1 up to 200:1. This kind of leverage allows you to magnify your gains considerably over and above the actual amount of your deposit, but as with any margin account it also has the potential for large losses if the market doesn’t go your way.

Forex Yard minimizes this risk with their built in “Margin Watcher”. With this safety feature the Forexyard dealing desk will close all open positions if the account equity falls below the margin requirement. This protects the Forexyard trader from losing more money than they have in their accounts.

Saturday, October 31, 2009

::What Is The Difference Between Forex and Futures?

  1. A Forex trader could trade more transaction compared to the futures market (the trading volume could be a times larger), and the risk will be strictly under control. The trading volume of the Forex market is 46 times larger compared to the futures market, moreover Forex traders could make more profit from the Forex market due to the larger trading volume (the transaction volume is a few times larger), the REFCO Switzerland rich transaction platform allowed transaction between 1-100 times to be carry on, moreover a Forex trader could decide his or her own transaction amount, for example: Your account has $30,000, the basic transaction unit is each $1,000 (which transaction amount in $1.00, million), namely, so the proportion of the margin of each transaction unit is 100:1.

  2. The risk of the Forex trader is under control, such margin call will not happen compared to futures, through the Forex trading system, your risk will receive the strict limit, even if your margin if lower then the deposit required, the Forex trading system will automatically settle your position, this means even if a Forex trader suffered losses, moreover if the market is suffering from a disaster fluctuation, your loss could not surpass your account amount. In order to understand the advantages, please apply for the demo account to carry on the complete zero risk.

  3. A Forex trader will receive a large limitation of liquidation and a relatively fair market because the trading volume of the Forex market is large and it is also the largest liquidation market in the world. At present the trading volume in the Forex market is 140 billion Dollars, such big market will completely digest your transaction cash.

  4. A Forex trader may do 24 hours transactions and other markets are different, the Forex market is a 24 hour linkages market, it starts from every Sunday before dawn Australian Sydney market, substandard collect the transaction center Singapore, Tokyo, London, Frankfurt to New York continuously to open, such linkage market enable you to do 24 hours transactions, also provide flexibility for Forex trader to do transaction.

Monday, October 26, 2009

Forex Trend Following


Currencies tend and this can be seen on any forex chart i.e. they move in a sustained direction for periods of time. The aim of any forex trader is to lock into these trends and turn them into profits. Doing it in real time simply requires learning the right forex education and technical tools to succeed.There are essentially three separate trends occurring in 3 different time frames that you have the opportunity to trade:

  1. The Longer Term Trend – These are the trends that reflect the underlying health of the country the currency represents. They reflect economic trends that last for months or even years.

  2. The Intermediate Trend – These are shorter term trends within the main trend and can last for a few days or for a few weeks.

  3. Daily Trends - These are short term trends that last for a few hours to a day.

So which are the best time frames to trade? Let’s find out.

Day Trading

While there are trends in daily time frames there only apparent after the day has ended. You have no chance of succeeding, by trying to catch these moves in live trading as - data within a day is unreliable and random. Support and resistance levels cannot be used, because volatility is random and prices can go anywhere.

You can’t get the odds in your favor and will lose if you try forex day trading.

There are millions of traders, trading several trillion dollars daily and it’s obvious that prices can move anywhere so don’t day trade!

Swing Trading

Swing trading is perhaps the easiest way for new traders to implement a Forex trading system. Your aim is to catch reactions within major trends which last a few days to a week.

Swing trading has the advantage of giving plenty of opportunities and you know if you are right or wrong quickly. Forex swing trading is easy on the mind, as you have obvious stop levels and finally, profits and losses come quickly. In swing trading you don’t have the pressure of sitting on long term trends, where you have to contend with big open equity swings against you in the short term.

Long Term Trend Following

If you can get a forex trading system to catch and follow long term trends then you have the most lucrative form of trend following but its also the hardest form of trend following and far harder than forex swing trading which we just looked at

You will very often see trends that last for months or even years yet, very few traders have the mental discipline to hold and capitalize on these trends. Long term forex trend following requires considerable discipline and patience.

Why is it so hard to do?

The simple reason is, most forex traders are simply not mentally strong enough to accept big gains.

Don’t we all forex want big gains? Yes we all do, but accepting them is very hard.

The problem is the following: if money is important to you (as it is to most forex traders) then open equity swings against you, which eat into your open equity, can tempt you to exit a trade early.

Most traders of course feel pleased when they get a profit and the bigger the profit gets the more tempted they are to bank it, in case it gets away. As volatility swings eat into their open equity profit, the temptation to bank becomes too great for most traders and the bigger the open profit becomes, the harder it is not to take it. In the end, most forex traders simply bank taking an average or mediocre profit, when they could have had a far larger one.

If you are long term trend following, you need tremendous mental discipline to ignore short term swings against your position and keep your eyes on the bigger prize. Forex trend following is tough mentally but the rewards are huge, if it is done correctly and you have the right mindset.

New Trends & Turning Points

Catching turning points offers low risk and high rewards if done correctly furthermore as you are in at the stat of a new trend, these turning points normally see profits piled up quickly as the new trend emerges. Catching turning points is satisfying, very profitable, furthermore, as you are in at the start of the trend, you have the best risk to reward.

The key is to WAIT for clear confirmation of a trend change, before getting on board. Most trend changes emerge after short term price spikes that are easy to see on a forex chart. As the price blows off, you can see it and act upon it, if you use the RIGHT technical indicators.

Catching Trends for Profit

You really have a choice for going for the big long term trends, or you can swing trade shorter moves but never day trade!

The trends you go for will depend on your trading personality and both swing trading and long term trend following have there advantages. If you look at a forex chart, you will see trends and you can catch them – all you need is to act on the reality of price change and use a simple robust trading method.

Next we will look at a trend following system to help you catch these moves and enjoy currency trading success.

Saturday, October 24, 2009

Complete Forex Trading Education in One Package

Receive over 15 hours (8 CD's) of our best Forex trading education in one package! From our beginner to our more advanced courses, this package will work synergistically to increase your trading knowledge and propel you to trading success. This comprehensive course is delivered to you at your own pace through a multi-media CD-Rom series with complete navigation and online testing capabilities.


This incredible trading library includes all of the following CDs:

The Fantastic World of Forex - Forex 1 CD

Learn Forex trading from a pro - pips, leverage, which currencies to trade and why - it's all here!
View Product

Forex 2 CD - Spot Market Advanced Strategies

Learn the more advanced Forex Trading techniques from a pro with this Brand New CD - step-by-step instructions through high probability entries, exits and the necessary stops to give you maximum profitability and capital preservation.
View Product

Technical Analysis 1 for the Professional Forex Trader CD

Learn to use charts and technical indicators in a clear, simple and concise manner to improve your trade entries and exits.
View Product

Technical Analysis 2 for the Professional Forex Trader CD

Learn to use Support & Resistance in combination with proper Trend Line drawing to mark on the high probability Entry/Exit. You learn how to "Stay In" a trade as we explore continuation patterns and the use of Moving Averages.
View Product

Technical Analysis 3 for the Professional Forex Trader CD

Learn to use Technical Indicators for the trading of Forex. We will explore their proper use and evaluation and dispel many of the bad beliefs many have been given by the "guru's".
View Product

Fibonacci CD with Mike Mc Mahon

Fibonacci numbers and ratios point to specific turning points in the markets’ movements. Learn how to use Retracement, Extension and Projection Analysis to maximize your profits and tightly control the losses.
View Product

Stress Management CD

Defeat the hidden killer and be a profitable and healthy trader. Because stock trading is the second most stressful occupation, next to disarming live nuclear weapons, it is essential that you learn effective Stress Management skills! In order to deal effectively with stress, you must understand how the stress response works. Mike Mc Mahon deals with this topic effectively in this CD.
View Product

Manage Your Foreign Currency Risk CD with Mike Mc Mahon

Learn how not to lose money and focus on the trade – profits take care of themselves. Mike Mc Mahon will take you through the concept of Risk, the management of Risk and the control of Risk with step by step details for Forex traders.
View Product


Thursday, October 22, 2009

Forex Investing - Making Money With Forex


Forex Investing opportunities abound everywhere both on the internet and outside the internet, a lot of brokers often advertise several forex investment packages and in most cases they offer juicy and extremely attractive returns on all types of investment plan. It is very common to see online forex managed brokers offering returns as high as 90% every month- this is nothing but scam. Even the most professional forex traders who manage several accounts do not make 90% returns of forex trading on monthly basis regularly; hence it will be ideal to watch out for managed forex investing scams.
Getting a reputable forex broker is the first step in securing a reputable managed forex investing plan. The forex trading broker will link you up with professional traders who are not only good in fund management but also know how to minimize risk and at least pay you back your initial investment when there is a problem along the way. These are forex trading account managers that have strong financial backing.
Forex trading investing steps should include verification of facts and information provided by any forex managed institutions. You need to check their organization profiles as well as their year of establishment, old forex account managing institutions are much more preferable and trustworthy than new forex managers who are out simply to dupe people- many of them are suitable as well but most are liars. A prospective investor will need to verify if the fund managers have previous forex trading training and for how long have they been trading forex.
Managed forex investing that is done on gradual basis is better than that which is done at once. Don’t put all your hard earned money in a managed forex system otherwise you may lose everything to scam. Invest in bits that is around 30-50% of your initial deposits should be invested and when the returns become steady, you may re-invest the profit. Investing your money in bits will also help reduce the risk of losing your money to scammers.
Forex Trading investing will require an individual investor to have some knowledge of forex trading so that they can monitor their investment daily, it is essential that you invest in a forex trading management system that will allow you to view daily activities online and round the clock, don’t sign up for those who are secretive in the way they trade in forex-such forex managers are after your pocket because they are unprofessional.
Investing in forex should not be a tough thing for people who understand the basics of the trading system. When you understand the basic of forex you cannot be cheated and you can constantly contact your forex broker when you feel your forex account is not being handled in a professional way.
Forex investing opportunities abound all over the place, the real ones often offer a moderate yield of returns on investment hence they are safer to do business with. Forex managed systems which offer much more than average yield of profit a month is nothing but a scam.

Tuesday, October 20, 2009

4 Best Steps in Global Forex Market

Be the best in global forex trading by following these steps I am given you and a lot of people will see you as an expert and ask you for advice if you can follow the steps:

1) Creativity & Thinking ability: I will advice you that before you enter into any market, regardless of the volatility. First sit down and think, analyze and be creative before the trade. Before you enter the trade makes sure you are emotionally balance and calm at the same time creative. And make sure you control yourself 100% because anything that has to do with money can cause emotional disturb but make sure you overcome that emotion and be balance before entering into any trade also always ask yourself a question. Am I calm? Am I balance? If you are convinced that your answer is "Yes" then you can go and enter the trade and follow your thought and plan.

2) Locate sides to go: - Trading is locating sides to go, that means to buy and when to sell or when to take long and short. Don’t be confused taking long and short is the same as buying and selling. If you can locate where the price is going and follow it you will be making big profit out of the market. Just be in a right position at all time. As a trader you are afraid if the currency market is going up or down, because there is always an opportunity in up & down of the market what you need is to locate where the price is going and follow it and make big profit out of it.

3) Be methodology: - have or develop your own method of trading you can be a day trader or swing trader but you just have to discover yourself. If you are like me and like hearing the cash registering often then use day trading strategies. If you don’t mind waiting for profits to accumulate over time then consider using swing trading strategies. It is very important to know the method you like most, and perfect your skills on that method.

4) Currency pair: - Have a better understanding about the pair of the currency you are trading because every currency pair has its own individual "personality", spread, liquidity. You have to have a better understanding of currency pair for better profit. Get more information on forex click here.

Monday, October 19, 2009

Forex Ambush - Accurate trading signals



Forex ambush is an easy forex trading robot designed to help traders in making wise decisions in the forex trading market. It is designed to analyze multiple markets, from asia to the united states so you can have accurate trading signals regarding every market, and then finally pick the trades that work best for you. Forex ambush is run by committed and professional people that do everything in their power to try and help you be a profitable trader. I like the system and the signals are good and very profitable, from what I have seen so far it would be hard to go wrong using their advice. It will NOT make you rich overnight, but it is safe to say that it will be one of my main sources of income for a long time.

Forex trading is a very respectable way to make money. I personally believe that this is why something like forex ambush is so valuable to a new trader. Since they dont really know whats going on, with forex ambush all the work is being done for you already its like having a pro trader tell you when to trade. The only thing a forex ambush owner should know is how to add the trades in his account. Everything else is done by the software itself.

I highly recommend you give it a try! If the signals aren't up to your expectations you can always return it for a refund.


Friday, October 16, 2009

Forex Trading Signals


Forex Trading Signals is a term used by brokers and players in the foreign exchange market. Basically, it means the decision you make between buying and selling within a short period of time. Since you only have limited time to make a decision, it is virtually impossible for anyone to predict the market environment in such a short time frame.

That’s why professional day traders are always monitoring the foreign exchange market to reduce as much risk as possible. Their main objective is to get more “Wins” than “Losses”. No matter how experienced an individual is, every forex trader will lose money in the currency exchange market.

Thanks to the modern technology and the invention of specific software and systems, forex trading has never been easier. If you do a search on different forex trading software, you will start to realize how important these programs are to your day trading. If you’re just a beginner, it is wise to get a demo account, so that you will get first hand experiences before investing real money.

There are many courses about learning forex trading signals as well as many strategies that top players are willing to share. It is important that you get educated and at least get a basic understanding before attemping the trading process. Education and keeping updated is the key in this game. This is how serious players make their fortunes. They are willing to put in the time and effort to learn the formula while others just jump right in to try their luck.

You must accept the fact that you will lose money trading signals. This is a quick game and experienced players are likely to succeed in this area because they understand that they will not win every time. Unfortunately, this is how you gain the experience needed to play this game.

By using some of the Forex Trading Software available, you can dramatically reduce the time and risk involved. However, not all softwares are created equally and since trading forex signals consist of very fast pace transactions, try to get the best software available. Therefore, if you’re serious about trading signals, please take the time to educate yourself with professional resources.

Wednesday, October 14, 2009

The Forex Currency Pairs


Foreign Exchange trading is in general the trading of many currencies of the world. It is emerging as the largest and least regulated market providing the greatest liquidity to investors.

This trading is always done in pairs – Currency Pairs, one currency is bought and the other is sold. Together, they make up what is known as the "exchange rate".

For example, you may buy Euros with Dollars, anticipating that the Euro to increase in value relative to the Dollar. If the Euro rises relative to the Dollar, you sell the position and can earn a profit.

Most commonly traded currencies or the “majors” are:

US Dollar (USD)
Japanese Yen (JPY)
Euro (EUR)
British Pound (GBP)
Canadian Dollar (CAD)
Australian Dollar (AUD)
Swiss Franc (CHF)

Most commonly traded currency pairs are:

US Dollar and the Japanese Yen (USD/JPY)
Euro and US Dollar (EUR/USD)
US Dollar and Swiss franc (USD/CHF)
British Pound and US Dollar (GBP/USD)

While quoting currency pairs, the first currency is referred to as the base currency and the second as the counter or quote currency. The base currency is always equal to 1 monetary unit of exchange, for example, 1 Dollar, 1 Pound, 1 Euro.



Friday, October 9, 2009

Tuesday, October 6, 2009

The Benefits of Trading with Global Forex


  • State of the art trading platform is your 24-hour per day connection to the market and provides you with one of the most efficient types of access to the market from anywhere in the world through the Internet.

  • An initial margin requirement allows you to control a hundred times the size of your currency position. Of course, it should be pointed out that a larger sum of money will enhance your potential and market flexibility. Leverage without proper risk management, this high degree of leverage can lead to large losses as well as gains.

  • No commission trading. (Global Forex is compensated for its services through the spread between the bid/ask prices.)

  • As a further benefit, Global Forex allows you to test your trading abilities for free using the trading platform.

With Global Forex's and the FXCM trading platform the Foreign Exchange market becomes your gateway to the exciting world of spot currency trading. It's your personal tool to trade while simultaneously being a part of the world community of traders and the largest market in the world.

Tuesday, September 29, 2009

Why People Really Fail in Forex


One reason that people fail in the Forex market, as well as a lack of Forex education, as Bill Poulos states, is because a lot of traders end up waiting much too long to move stops that can protect their positions within the trade and this results in a trader’s profits disappearing.

In his forex trading course Bill explains the process that occurs when people start to see their profit beginning to disappear from a trade, and then they become overly set on getting these profits back. This causes an issue because they tend to then forget about the profit still left in the trade and do not protect it. The trade will soon become a losing one instead of being at all profitable and the trader is even more irritated then they were at the very start.

It is very easy to lull yourself into a false sense of security that a currency will come back up again once it has fallen, but a lot of the time this just simply is not the case, and the majority of the time, you will end up losing money. Bill Poulos has invested a lot of time in not only educating himself over his 3 years of experience in the Forex market but educating others too. He tries to teach people how to set profit targets that will then allow the trader to seize what the market gives them and then enable them to leave the trade in several steps. Bill wants to make sure that traders know how important it is to have a strategy that protects capital first and then manage profit second. Without such a strategy Bill knows that there is no chance in a trader surviving the Forex market.

It is important to learn how to identify the best available trades, as well as setting out a profit target which will then all go towards you managing the taking of any profit made from the very start and most of all will teach traders how to protect their important investment. Bill Poulos wants traders to be successful and protect their money, not lose it and so he has set up a free video series.

Forex Bill Of Rights

Some information on OANDA’s Forex Bill Of Rights from www.Chart888.com

The Forex Trader’s Bill of Rights (2005) is a non-fiction book about the foreign currency trading market, published by OANDA_Corporation. It is primarily a call to arms for currency traders to call for greater transparency and accountability within the market. The overleaf provided with the printed version of the book states: “Big banks and confederated brokerages have overcomplicated forex: trading costs are inflated, unnecessary risk abounds, and the system is grossly unfair.” Essentially, the book elaborates on this premise, detailing ways in which traders are being unfairly treated and encouraging them to take action.

OANDA is a company that provides currency trading tools for investors, travelers, and businesses. As such, there is an unavoidable marketing aspect to this publication. However, OANDA is not mentioned throughout the book. There has been a clear effort to maintain a relatively neutral point of view. The back cover does state “OANDA is a leading provider of online currency trading…FXTrade…enables all currency investors to change the way forex trading is done”.

The authors believe currency investors have 10 basic rights which are being violated: each short chapter deals with one of these rights. They are:

  1. The right to immediate, uncensored access to the marketplace
  2. The right to trade real spot
  3. The right to know
  4. The right to trade whenever you want
  5. The right to equal treatment
  6. The right to choose and manage risk
  7. The right to understand cost
  8. The right to learn – on your own, or through free exchange with other traders
  9. The right to full disclosure
  10. The right to pay and receive interest

1. The right to immediate, uncensored access to the marketplace
Chapter one argues that when trading traditionally (with banks etc.,) execution and price are affected by who you are (size of your order/ relationship with your market maker etc.), the amount of greed on the part of the market maker, and manual intervention which can delay the trade. The chapter calls for transparency, fairness, and efficiency for traders from market makers.

2. The right to trade real spot
Chapter two addresses unnecessary delays in settlement of trades, which according to the authors increase risk for investors.

3. The right to know
The third chapter states that market makers share information based on who you are: in some cases they share information that should not be shared; in other cases they do not share information that should be publicly available. This leads to an unfair advantage.

4. The right to trade whenever you want
The chapter asserts that market makers may advertise 24 hour trading but they close the books on Friday. However, world events which affect currency price occur on weekends. The argument continues that since the technology for 24/7 trading is available, it should be offered by all market makers.

5. The right to equal treatment
Chapter five argues that every trader should be given the same price and spread, and that market makers should not discriminate between traders.

6. The right to choose and manage risk
Traders are encouraged to use a market maker who does not require high minimums, lets them trade any amount, and provides immediate settlement as a way of minimizing risk.

7. The right to understand cost
It is reasoned that traders have the right to understand spreads, as well as who gets a “cut” and why. This chapter also includes a profitability calculator.

8. The right to learn – on your own, or through free exchange with other traders
This chapter covers multiple ways to learn about trading, and test new strategies, including trading games offered by online market makers and other sources of Internet information.

9. The right to full disclosure
The book claims that a lack of transparency in pricing, execution, and after the trade needs to addressed. Market makers should publish statistics regarding real spreads and prices and traders should demand that they do this.

10. The right to pay and receive interest
It is argued that continuous interest should be introduced, which would make for price flows that are less volatile.

Forex education and courses


Of the many books we have read, our current favourite is the ‘Currency Trading for Dummies’ book which gives a great introduction to the subject and will increase your all round knowledge.

If you look in our ‘Forex Resources And Links’ section you will find the ‘Dummies E-book’ with the first 4 chapters in it for your perusal, free of charge, along with other great free forex educational material.

If you want to buy the whole book then click this link

The best free video course by far is the Alpari Academy course

http://www.alpari-idc.com/en/alpari_academy/video_tutorials.html

Monday, September 28, 2009

Advantages of trading with CMS Forex UK

CMS Forex UK puts its clients first. We offer competitive Forex trading terms, comprehensive services, and quality trade execution. In addition, our proprietary software, VT Trader™ 2.0 provides an advanced level of customization and sophistication in a retail Forex trading platform.

Novativa Streamster: Free Forex Software from Marketiva


Novativa Streamster is a free forex software that specially designed for Marketiva's traders. This software enables you to learn how to trade forex on a Virtual Trading Desk, and then allows you a painless switch to the Live Trading Desk when you are experienced enough.

What are the most commonly traded currencies in the FX markets?

The most often traded or 'liquid' currencies are those of countries with stable governments, respected central banks, and low inflation. Today, over 85% of all daily transactions involve trading of the major currencies, which include the US Dollar (USD), Japanese Yen (JPY), Euro (EUR), British Pound (GBP), Swiss Franc (CHF), Canadian Dollar (CAD), and the Australian Dollar (AUD).

Forex ebook

Ebook Pricing

1.$2000+ in less than 1 hour!! Revealed : New Future System That wins at least 75 times out of every 100 ..

$149

2.Futures Options - Learn to trade options like a pro, using Delta Neutral, Calendar Spreads, Option Scale Trading and other Option Secrets Revealed for the First Time.

$67

3.The Forex Method and Trading Strategies That Keep You On The Right Side Of The Market

$92

Analysis of Forex Market

Analyzing the market is what FOREX traders often have to do.Like all investments,FOREX includes some calculated risk.To calculate these risks there are 2 ways, though Technical Analysis and Fundamental Analysis.

Technical Analysis is based on the idea calculates that trends through history will continue. FOREX traders will notice that a certain strongly currency is rising at formal rate. The same investor will also assume that the currency will not decline in value, and will continue to rise, as it has done in the past. The investor purchases a large amount of that currency and practices to make a profit. This investment requires a large assumption but is relatively safe.

Fundamental Analysis is an analysis of counting an entire countries situation.This technique is used by looking at the situation of the country in which the currency finds its base.The countries economic status, political status, and global status are taken into account.Most of the FOREX currency values are determined by the investors.Assumption will be made by the Fundamental Analysis that other FOREX traders will view a countries situation in the same way and respond accordingly.

What are the Secrets in Forex Trading?

More than 100 million people in the world are looking for profitable investment. We love talking investment because this is the energyless but high profit gain business. Forex Trading is the world's largest financial market with an estimated daily average turnover between $1.5 trillion to $2.5 trillion that we cannot doubt. If we want to make profit from this investment, there are some related knowledges that we definitely need to know.

  • Use Future data to justify market trend.
  • Pivot Program shows entry & exit signals.
  • Familiar Chart Patterns and Trend lines.
  • how big dogs are doing?
  • euro vs USD Tricks.
  • Be Smart to Filter Various Currency pairs.
  • Confident to Control Up and Down Trendy.
  • Avoid Pitfalls of Dumb money.
  • Intelligent stop loss strategies implementation.
  • AIME methodology
  • History is your tips.
  • Hedge currency Trades .