The Forex Trading Blog

Keep you up to date on Forex Trading

  • META

  • Trading Solutions Free Demo!


    Why not just log onto FOREX.COM and use their system?

    powered by Yahoo Answers

    I was woundering if i can download the whole package (The Ultimate Forex Training Package) from some torrent or somehrere. Or may be just the book or just some of the CD's . Let me know what you know. murcata_bg@yahoo.com

    Well, I didn't know too much a couple of months ago when i started in forex, i used a software that actually do the trades for me, maybe you cannot find it in some torrent because it's a personal password, you have to download it directly from the site http://www.robot4trade.com you can do an effort and buy it, it worth the price, it cost me $99.00 dlls when it was in back-testing, i heard the price is going up because of the excellent results, i fully recommend it to you and anyone

    have a good day!

    powered by Yahoo Answers

    If so, you're the only person I wanna hear from! Does it really double your cash every month & win 95% of it's live trades? Donka

    Hi Hubble,

    To tell you the truth, I have done it for more than 5 months and on average, it has not exactly doubled my cash every month and has not won 95% of its live trades. But it has been close to that and it's as good as it gets (before that, I tried other robots). Anyway, they have money back guaranteed so you have basically a 60 day free trial period to get to know it.

    All the best to your trading!

    powered by Yahoo Answers

    Let The Technicals Do The Talking by Jared Martinez

    Forex Focus: Let The Technicals Do The Talking by Jared Martinez Interpreting charts is an art as well as a science, which is why you need to map out all the different scenarios that can take place once you place a trade. Heres one chart interpretation method that combines technical tools. Understanding Fibonaccis discoveries changed not only my trading career but my life. What the Italian mathematician discovered back in the 13th century explains how nature works. His discoveries proved that we are created in a numerical sequence, just like pine cones and pineapples. His discoveries proved that the market is not a mysterious place that people have to fear. It is, instead, a place where organized chaos exists. The market is a dynamic system that reflects the human condition. It is the science of matter and energy and their interactions: the ebb and flow, the action and reaction, the ups and downs of life. Humans are the market not banks or financial institutions, but human beings with human feelings and human emotions. Our greed, fears, and habits create the market; we are nothing more than natures puppets participating in the balance of nature. Learning about Fibonacci saved my financial life. Learning how to trade the Fibonacci retracement and extension numbers using trendlines and candlestick formations improved my trading substantially.

    (more…)

    January 22nd, 2009 by admin

    The Forex Chartist Companion
    THE FOREX CHARTIST COMPANION

    The foreign exchange (Forex) market has quickly become the market of choice for traders looking to increase their profit potential. The combination of high liquidity and low transaction costs-as well as twenty-four-hour accessibility-has attracted the attention of both new and veteran traders.

    In “The Forex Chartist Companion,” authors and active Forex traders Michael Archer and James Bickford provide a visual window into the behavior of the Forex market along with detailed information on the mechanics of day trading, market entry timing, and much more. With this book as your guide, you’ll not only become familiar with innovative software and charting systems that provide a graphical interpretation of the markets, but you’ll also discover how to instantly see patterns throughout those markets.

    Divided into six comprehensive parts, “The Forex Chartist Companion”: Details Forex-specific charting techniques Illustrates the use of point and figure charting in conjunction with Forex trading Explores Forex swing charting Outlines a variety of Western and Japanese reversal charts-from pivot charts to Kagi charts Examines the actual trading system of veteran futures guru Charles Goodman

    Filled with numerous charts-annotated with Archer’s insight into the material-and in-depth information regarding charting theory, “The Forex Chartist Companion” will help serious traders use technical indicators to enter this market with confidence and exit with profits.

    (more…)

    Forex Focus by Kathy Lien

    Stocks & Commodities V. 23:8 (46-47): Forex Focus by Kathy Lien Access to foreign exchange trading has opened up exciting trading options for the retail trader. You can now trade alongside corporations and institutions in a highly liquid market that is global, traded around the clock, and highly leveraged. Before jumping into this market, however, we must understand the factors that affect the forex market. With that in mind, STOCKS & COMMODITIES is introducing Forex Focus to better prepare the retail trader to participate in the currency market. WHAT MOVES THE US DOLLAR? Many factors are responsible, but some are more important than others. Most speculative currency traders are technicians that is, traders who rely solely on charting methods. However, this does not mean that fundamentals are insignificant and have no bearing on trading decisions. In fact, more and more technicians are inquiring about the expectations of the market leading up to major economic releases. NUMBERS TO KEEP AN EYE ON It is estimated that approximately 25% of all traders base their strategies off fundamentals, using releases such as Gross Domestic Product (GDP), employment, and Consumer Price Index (CPI) as the basis for their trading decisions. Because of this substantial influence in the market, knowing how, why, and which releases provoke the biggest response beforehand can be a profitable way to formulate trades.

    (more…)