The Forex Trading Blog

Keep you up to date on Forex Trading

  • META

  • Trading Solutions Free Demo!


    Forex trading is the trading of buying or selling certain currency. For example, buying US Dollar, then selling it later at a higher price to gain profit. Forex traders may also first sell US Dollar and later on buy it back at a lower price with the same gaining profit. It’s simple strategy of selling price minus buying price to make profit. In Forex trading, we just treat currency as a good, buy it and sell it.

    powered by Yahoo Answers


    Forex trading is a high risk high reward investment. With leverage of up to 400:1 you could double your investment in a single day and wipe out completely the next. The trading method and style you use along with your risk profile will determine just how much can make. The only true way to determine this is to begin trading and keeping accurate records of your profits. Some of the better traders make around 7% per month because they only commit a small percentage of their capital due to the volatility of the market.

    powered by Yahoo Answers

    So I have been trading Forex for a while and to be frank with you I am fed up. Is there any way I can automate this, it sure would make my life easier.

    he answer is yes, automating the Forex process is as simple as downloading a tool. I had many succesfull campains running this program http://bit.ly/OCwaB you'll love it.

    powered by Yahoo Answers

    Might be nice if someone can simplify how it works. I am also looking for an automated forex trading system too.

    There is NO automated forex trading system that work, else everyone is rich. You have to learn it and master the necessary skill to be successful in forex trading.

    Good luck.

    powered by Yahoo Answers

    June 22nd, 2009 by admin

    I need to know how to make more money with Forex, investing less money for more profits.

    I also enjoy forex. I have tried to learn it before. And I have found that it is not for anyone who are don't like testing after testing. Forex is a beast. You just can't tamed a beast with your barehand.

    powered by Yahoo Answers

    Bearish P&F Formations by Cornelius Luca

    Stocks & Commodities V. 24:5 (34-38): Forex Focus: Bearish P&F Formations by Cornelius Luca 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 has introduced Forex Focus to better prepare the retail trader to participate in the currency market. BEARISH P&F FORMATIONS Previously, we looked at how point & figure charts could be applied in a bullish currency market. This time, we will look at how the technique can be applied in a bearish one. Breakouts of lows, descending formations, and downward breakouts of support levels are all examples of what you can find in a bearish market. Now, lets take a look at how we can identify these formations using point & figure charts. BREAKOUT OF A TRIPLE LOW The breakout of a triple low is formed by two consecutive declines, which stop at the same support level, followed by a third one, which manages to break below this line. Figure 1 shows the price structure of a breakout of a triple low. In this diagram, the sterling/dollar consolidated in the range of 1.4690 to 1.4740, or six boxes. The first two selloffs failed at 1.4690. This support gave way during the third attack and the currency extended the selloff.

    (more…)

    June 21st, 2009 by admin

    The 10 Essentials of Forex Trading
    Trading the Forex Market can be exciting, adventurous, and financially rewarding. It can also be disastrous for those who are unprepared for its rhythms and movements.. .

    Now, Jared F. Martinez, one of the foremost experts in currency trading, draws upon his vast knowledge and experience to deliver 10 key practices for trading in Forex. “The 10 Essentials of Forex Trading” shows you how to use charting methods to effectively relate market movements to trading patterns-and turn those patterns into profit.. .

    No matter your level of trading experience, you can develop the skills you need to become a consistently successful foreign currency trader-from using the right trading tools and balancing equity management to trading in buy and sell zones and identifying trends and trendlines. You’ll discover what drives the Forex market and how to navigate the three stages of Forex trading: acquiring new trading rules, controlling disciplined thought, and implementing disciplined action.. .

    Martinez also prepares you to: . . Understand the financial game of support and resistance between Bulls And Bears. Use Japanese Candlesticks to discern the sign language of the market. Create an entry strategy and a consistent exit strategy. Use Fibonacci as part of your trading approach. Forecast sideways movement in the market-and trade it. . .

    Martinez shows you how to put it all together to execute a successful trade by finding convergence and analyzing the market on multiple timeframes. You’ll also learn how to gain control over your emotions-a vital part of trading on Forex-and eliminate bad habits that can prevent you from becoming a confident, competent, and profitable trader.. .

    Totrade the Forex market, you must come to the trading table prepared. “The 10 Essentials of Forex Trading” arms you with the tools to develop a solid personal trading constitution and reap the financial outcome you desire.. . . .

    (more…)

    June 18th, 2009 by admin

    Hi all,
    Is forexwebtrader a good forex broker? Have you ever use it to trade forex ? Please share your experiences, good or bad, while using www.forexwebtrader.com

    I am looking for forex broker that offers low minimum deposit of $25 through Paypal, using metatrader platform, best if it is regulated. Thanks

    forexwebtrader is an excellent forex broker. They provide low minimum deposits and an easy to use platform.

    I have personally traded with them and have heard good things from others who tried their system.

    Given that they require such a low minimum deposit it will be easy to leave if you are not happy with their platform.

    powered by Yahoo Answers

    Hello everybody,

    Can you guys please suggest me some online brokerage names based on my requirements:

    #1: Brokerage should allow to trade stocks,options, futures and forex.

    #2:Brokerage should be able to allow me to trade all the above listed things in Worldwide Important Exchanges (NOT only american stock or equity or futures exchange).They should be international.

    #3: I would like to trade more times a day i.e, entering and exiting the different trade multiple times in a single day.So, Commision for trade should be reasonable or inexpensive.e.g: I do not want to pay 10 dollars for the single trade as a comission if i planned to exit the trade immediately because if i thought i made wrong decision.You understand what i am saying?

    #4:Some kind of reliability.(Customer service, Trading platform etc…)

    #5:Broker who satisfies you ,:"YOU" means whoever answering my question.

    #6:Advice or suggestions.

    Thank You.

    OptionsExpress is pretty good, you may also want to try Trade King, they are always adding new services and they are easy to work with.

    powered by Yahoo Answers

    http://www.forex-finance-trading.com/ keeps coming up and I can't change it. i am not even able to type in the internet options.

    OK – your computer is infected. The first thing you need to do is to clean it out. Get a spyware remover (eg spybot search and destroy), a virus remover (eg avast) and a registry cleaner (eg CCLeaner). Once you get your computer cleaned up you should be ok.

    powered by Yahoo Answers