Monday, September 17, 2007

Where do I find good currency charts for Forex? -

I m loking for currency charts to keep up on a separate monitor. I ve found one site with just charts so far, but I m looking for something just a bit easier on the eyes. I make my own using EOD downloaded data. Just import into Excel or any charting software. That way I can apply my own paremeters and indicators to the data. Most of the online charts are really poor in quality and lack the ability to do much analysis. If interested in raw data download try one of these.... http://freeserv.dukascopy.com/exp/ http://www.fin-rus.com/analysis/export/_... you could try any forex broker. You will have to open a demo account with them. Some brokers are fxcm, interbankfx, fxsolutions. If you would like to learn how to trade the forex market with no guess work, click on http://www.4xmoneytrain.com try stockcharts.com Opend demo account with MT4 and keep it on other monitor

What is the best online broker for forex trading.? -

I want to start trading forex, but i ve noticed there are several trading brokers/platforms. Can you please tell me which ones are the best to use and why? And more importantly, your experience with your choice. Thanks jackson I use Interbank FX and GFT. I don t find their spreads to be any better or any worse than anyone else but I appreciate their customer service and user friendliness of their apps. InterbankFX has another cool feature and that is the ability to use their credit or debit cards in order to quickly access money from your account. One word of caution is that all brokers make it very each to put money in....and many make it extremely difficult or time consuming to get money out. I guess they like that float. The third reason that I like Interbank FX is that they have actually developed an EA for us that monitors my account balance and automatically closes all my positions and locks in my profits using either a profit target or a trailing stop setup. It is very cool waking up and seeing that you have just made $800 while you were asleep. Lastly, we have negotiated institutional interest rates with both of these firms that are not available to other retail clients. I hope this helps. paul Here is an excellent forex broker: http://www.easy-forex.com/Gateway.aspx?g... i think u will find help in http://www.fagr.org/ they provide forex trading info i hope this can help Using the Mtpredictor s technical analysis Elliot Wave Principle software, Bsmtprediction provides Forex Traders with FREE access to AUD/USD, EUR/GBP, GBP/USD, EUR/USD, NZD/USD, USD/CAD, USD/CHF, EUR/JPY, GBP/JPY amp; USD/JPY daily currency forecasts through this website. At Any Time / Any Day (we ll straight away post the signals here in real-time if there s any triggered) 1 hour, 4 hours amp; daily time frame forecasts are published on this site. The predictions are good from the moment they are published until either it reached the take profit target, hitted the stop loss or another new prediction of the same currency amp; timeframe unveils on the same / following day. Essentially, the prices shown are for an unknown period.. That s why we encourage you to subscribe our FREE Google Groups newsletter to get the latest signal updates sent to your e-mail from the very 1st minute it surfaces the net..

Anyone can tell me about an automated forex trading software and specify how much profit and investment made? -

I have about $2000 and I have never traded in any way before.Thanks in advance Ok,I suggest nice automated forex software,which automatically stops on loss and proceeds on profits,Now i am using this automated software daily i work as 1 hr and earning More than i want.If you want this golden duck then see my blog. I would suggest you invest in a forex robot which comes with an instruction booklet then. I started off by using quot;Forex Autopilotquot; which is basically a piece of software which automates the whole trading process AND has an instructional manual which tells you the ins-and-outs of forex. It was a great foundation for me to make some nice early profits (and I only had $100 to play with). You can see a full review here: http://www.fxsystemscompared.com/rev_for... Good luck!! I suggest that first you read up as much as you can. Then you can open an account. Get some good forex trading software. If you want to do autopilot, then choose one of those. If not get one like Forex Killer. Then practice on paper trades or mini trades until you are comfortable using your software. You will learn while you trade on paper or do mini trades. Mr Adam, if you never traded in anyone ex. forex or stock, I want to suggeest for you, you must learn different traded in margin or options. i think anyone suggest for you to margin trading. My experiend , margin trading very high risk because you equity maybe loss all. Maybe you want to use automated forex trading software, but in my experient maybe loss all your equity posible. I have automated forex trading software have use 4 year with accurated 80%-85%. Now I use trading this sofyware for analysis stock option trading, and very effective, why I am moving from margin trading to option tarding, because in the options trading if i loss, my equity always save. I always suggest to my investor, if you want to save in trading you can choise option trading. Until now, money from investors save. if you want khow about option trading you can chart with me in masterforex21@yahoo.com (yahoo massanger) To know more about Forex Trading please feel free to visit http://learnmoreon.com/forextrading To know more about forex trading please feel free to visit http://learnmoreon.com/forextrading/ Take a look at Forex Tracer here: http://forex.lem4.com Good luck!

Is there a safe way to hire a forex fund manager overseas? -

How should I or my company protect the investment? Yes, you could open your own trading account and hire trader that he/she would manage your account. So trader will be able to trade from your account but he/she (trader) couldn t transfer funds. If you are interesting in such accounts then please contact me and I provide you with further information. Good luck! Yes. Top 5 Answerer.

Sunday, September 16, 2007

Who has the best FOREX program for trading? -

I am using FXCM i like it, its not a problem but is there anything else out there that is different? Web sites please! I would be careful about which forex systems you look into buying because there s a lot of scams out there which you can get burnt from. I would suggest taking a look at some reviews before you make any decisions because some of the systems you re going to see are less than satisfactory (no matter what the site suggests). When I was looking for a Forex system, I found http://www.fxsystemscompared.com which has reviewed all the top forex systems and given them HONEST and UNBIASED reviews based on actual customer comments online. For me, reading what they had to say made parting with my cash a no-brainer. Hope this helps? There are so many brokers and programs that it gets difficult to chose the best one. You can probably visit websites like http://www.forextopten.com/ and find a good broker or program. To find the high low of the previous day, you just need to open a daily chart, and point your mouse to the previous day candle. About an auto trader that makes 10 pips every 5 minutes, that s not possible considering the market lacks volatility most of the day, and the simple fact that nothing works all the time in this or any other financial market. A world leading Forex platform, providing Forex trading services to a broad range of customers from around the globe, via an innovative and easy-to-use platform. It s Easy and it s Forex at its best. This online platform gives you 24 hour access to your account. It offers a number of tools that may help you in your trading. No need to download software! I found this site is easy and straight way to start trading. There are a lot of buzzes doing the rounds about automated trading software. This is software that trades the market for you whether you are there or not. You could be at work and it will trade for you. The leader in this field is a highly ranked industry insider. This mathematician created what he calls a trading robot. This robot monitors the market all-day long until certain conditions are met and then makes the trade for you. Want to see some live account statements? Check the results out here: http://tinyurl.com/6fmjjl Hi I hope I can help. I do not know much about FOREX systems, but there is a link to Zulutrade...supposedly performing very good. (towards end of page) http://www.alphatrends.blogspot.com/ Also, if you haven t heard of Oceanside Wealth then I suggest checking out how the opportunity is run. Its a risky venture but offers huge potential no matter which company is doing it. Forex trading-http://tradingsforex.info/

Which one auto forex is best for mini lot or micro lot? and all the market trend? -

Please give clear detail for one who using in online and which one is best setup for EA? Forex Autopilot is probably the most popular EA script (I ve been using it for several months). It works with your quot;MetaTrader4quot; account to monitor the markets and give you quot;signalsquot; when it thinks you re going to make most profit. All these so-called quot;automated forex robotsquot; have been created like this but the way they quot;findquot; the profitable trades is all different. Forex Autopilot has been made by a professional trader who apparently makes over $2000 a day from Forex. He s supposedly put his quot;systemquot; into Forex Autopilot - so you can trade like him and share in his success. If you want to see more about what the system does and how it works, I recommend looking at http://www.fxsystemscompared.com/rev_for... which shows real customer feedback about the product. Hope this helps

How to use Relative Strength Index in Forex Trading? -

How to use Relative Strength Index in Forex Trading Look for a divergence...i.e. If the chart of the currency pair makes a higher high and the RSI diverges (ie makes a lower low instead) then you can expect the currency pair to eventually turn down and go in the direction of the RSI divergence( down in this case) A technical indicator developed by Welles Wilder to help investors gauge the current strength of a stock s price relative to its past performance. The usefulness of this indicator is based on the premise that the RSI will usually top out or bottom out before the actual market top or bottom, giving a signal that a reversal or at least a significant reaction in stock price is imminent. RSI readings above 70 indicate the shares are overbought and are likely to start falling. Readings below 30 indicate the shares are oversold and a rally can be expected. The time period specified determines the volatility of the RSI. For example, a 9-day time period will be more volatile than a 21-day time span. When using Investor charts to study RSI, you can select whatever time period works best for your investing strategy. The main purpose of the RSI is to measure the market’s strength and weakness. A high RSI, above 70, suggests an overbought or weakening bull market. Conversely, a low RSI, below 30, implies an oversold market or dying bear market. Additionally, the value of 50, can serve the same purpose as the zero line in other oscillators. The slowing down of a current trend or a trend reversal may be signaled by crossing above or below 50. Selling when the RSI is above 70 or buying when the RSI is below 30 can be an expensive trading system. A move to those levels is a signal that market conditions are ripe for a market top or bottom. It does not indicate a top or a bottom. A failure swing or divergence accompanies your best trading signals. While the RSI can be used as an overbought and oversold study, it works best when a failure swing occurs between the RSI and market prices. For example, the market makes new highs after a bull market setback, but he RSI fails to exceed its previous highs.