Archive for June, 2009

I started trading Forex online and have heard that automatic trading bots called Expert Advisor software are worth a look at. Is there a website that compares them or does anybody have a specific one they recommend?

There are several websites that allow you to compare the different Ea's and systems. I personally use http://www.forextopten.com/forex-trading-system.html. this one is compared using reviews made by customers, so It's unbiased.

What is the best way to learn FOREX trading?

Please leave me a message on courses, systems, etc for learning to trade the FOREX market. Thanks!

why not practice first and try some for free
check this out

http://www.marketiva.com/?gid=218

I would appreciate if you could share your own personal experiences with me.I am thinking of setting a forum for Forex traders to discuss and share their trading experiences with each other.If you are interested, please let me know so that i can include you in the forum.

Technical analysis after combinig with fundamental announcement…Generally use a lagging as well as 1 leading indicator.

Get more info at -

http://the-forex-trading.blogspot.com

Looking for an experienced or cited answer as to what the most consistent and widely used indicators are for the forex markets, and what the most popular time frame is. I usually trade the 1 hour, but I'm not sure if that is best or not.

here's a straight forward answer:

- at least the 1hr chart, the larger the timeframe the more reliable signals become because it holds more (economic or not) information. 4hr and daily charts are also popular…

- The indicators: try to keep your mind off of mechanical systems since the market is an organic process. Price is the ultimate indicator and moves in waves but nonetheless in a direction. You therefore need indicators that approach the organic nature of the market as much as possible. Moving averages, bollinger bands and fibonacci are actually all you need directionwise and then you could use oscillators (stochastics, RSI, CCI, MACD) and/or candlepatterns for entries. Keep in mind that oscillators such as RSI, MACD and CCI can also serve as trend indicators.

The indicators i mentioned are the most popular ones.
Doesn't have to be more than that, just don't clutter the charts, gl….

TIP: never be afraid to use those indicators with your own common sense and logic. Doing a backtest will help find a setup that works best for you.

Hi everyone!

I am new to forex and have only just found out about all these automated forex robots and such that are supposed to really take a lot of the risk out of forex trading. I need an real working automated forex robots, automated forex system that really works. Can anyone suggest a good one?

Thank you!

You can get the Leading Automated Forex Trading System Here for Free:

http://www.ava-fx.com/

Avafx has a forex autotrading service called Avafx Auto Trader, a platform that allows its forex brokerage clients to choose from various trading signals providers and have those signals traded automatically in their live trading account. With a free 30-day demo, decent web-based platform and comprehensive signals performance, the Avafx Auto Trader is a very good broker-based service to look at when comparing autotrading providers. This service does come highly recommended for traders looking to add autotrading to their forex portfolio.

Firstly, the Avafx Auto Trader platform is fairly easy to navigate and start up its 30-day demo. The demo allots an account of $100,000 to trade with. Avafx allows trading on 23 different currency pairs. The performance page is very comprehensive to compare and choose from the hundreds of expert trading signal providers: you can filter the trade signal providers by profit($), max draw down, profit factor, date started, average pip profit, winning percentage, and currency pair. You can also set your maximum number of trades that you wish to be open for your trading account, your lot sizes per signal provider, or maximum stop losses per trade provider. Right away you can pick up to 10 different signal providers, choose pairs and lot sizes, and have the platform take over from there, automatically trading your account with your selected trading signals. Your computer does not need to be on for the signals to be traded in your account, as this service uses a remote server.

Now, to go live with a live autotraded account there are a few rules. Your trading account minimum investment is $1000. Also, Avafx charges you 1 pip commission on each round trip trade on top of their normal spread to use their autotrade system. Seem unfair? Not really. Comparing ZuluTrade to Avafx Auto Trader, Avafx actually comes out on top. Yes, ZuluTrade does not charge a commission, however comparing the best signal providers, Avafx appears to have the best performing signals. Avafx’s performance comparison is actually much more user-friendly than ZuluTrade’s performance page: you can quickly compare important trading system factors like risk adjustment rate (RAR) and profit factor which cannot even be determined on ZuluTrade. Both do provide maximum drawdown for each signal provider, which is one of the most important. But when looking at the RAR, total pips accumulated divided by max draw down, the Avafx providers have a much better RAR than the ZuluTrade signals providers. Is that worth the 1 pip commission per trade? Absolutely. Now, if your trading account is $50,000 or more, you are then a VIP level account which means you will not be charged the 1 pip commission and you will get a better deal on the spreads as well. Another thing to note: Avafx is an approved broker for ZuluTrade. So, if you try out Avafx Auto Trader signals and are not impressed, then it will be very easy to set up a ZuluTrade account using Avafx as your broker.

On the negative side, the Help section and Support Center are not very helpful regarding the Auto Trader. However, the Live chat help was very responsive and they answered most of my questions quickly. There was one question that remains with Auto Trader: there is a very large disclaimer at the bottom of the trading platform about “Hypothetical trading results and performance data”. It is unclear if Avafx Auto Trader signals providers are using live trading accounts or DEMO accounts for their trading performance data. I would think that DEMO trading is likely to be less accurate than live trading performance data. Avafx support did not answer this question directly. Also the Avafx Auto Trader does not have the Margin-call-ometer that ZuluTrade does, which is a very nice feature that explains and guards against account margin calls. However, Avafx’s platform does have some decent features to help clients remain positive and not margin call their accounts.

In writing this review, only a demo account was used to try out the system and platform. Avafx insists that the platform and service are identical whether trading demo or live with them.

Overall the Avafx Auto Trader receives 4 stars and comes highly recommended.

http://www.forex-software-trading.net the Internets best selling and best performing Forex trading software system. Thousands are making millions every day.

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Top Forex Trading System Review

http://gringog.fapturbo.hop.clickbank.net/?tid=4XYT Forex Trading System Reviews And Guides.

Start using Forex Trading System to rapidly BOOST your forex trading profits. Discover how you can make the forex trading system work for you using state of the art Forex Trading Systems. Trading on the forex has never been easier, faster and quicker then NOW, so you know yu are abut to make the right choice. The benefit of running a Forex Trading System is endless. By doing this you can work at home, earn money from home, make money online all from just using the forex. Watch Forex Trading System Reviews And Guides. to find the right product for you.

Duration : 1 min 52 sec

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Forex Trading Strategies: GBP/USD

The dollar finished the week a lot stronger after the Fed signaled a shift in its interest rate policy and the non farm payrolls number came in better than expected. This could set-up a trade in the GBP/USD in the coming weeks.

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Follow along as Shawn Powell teaches how to open a FREE $50,000 Virtual Trading Account with FXDD. Also how to download Metatrader 4.

Duration : 2 min 54 sec

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Forex Enterprise

http://forexenterprise1.blogspot.com

This system have never failed to preduce money. Four easy steps to financial freedom

Duration : 1 min 32 sec

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