Investment Strategy: Selective BUY

Market Outlook: Choppy in range but overall sentiment still positive Overall sentiment remains positive on the external front while other factors are little changed. In the absence of fresh cues, we believe there is a lack of ammunition for a sustainable rally in the composite SET index. Thai stocks are therefore likely to be range-bound but have an upside bias while the market is waiting for fresh catalysts to play on. This week, focus will turn to US economic rescue measures, more stimulus measures at home to be proposed to economic ministers for consideration this Wed, and optimism over possible end-of-quarter institutional window-dressing.

Factors affecting the market:
- US stocks plunged 122.42 points last Friday, as the Federal Reserve's plan to rekindle consumer and small business lending fell short of expectations after investors applied for less than 2.5% of the US$200b the Fed pledged to lend through a program considered key to reviving ailing banks, and economic bellwether and Dow component General Electric was hit by analysts' bearish comments, lowering 2009 profit forecasts.
- NYMEX crude settled down 55 cents or 1.07% at US$51.06/barrel last Friday as weaker euro and the stock market seemed to have invited profit taking in the oil markets
- Thailand's Finance Ministry revised down its 2009 GDP growth forecast and expected the economy to contract by 2-3% as global financial losses might double from US$1.1 trillion to US$2.2 trillion.
0/- The Fiscal Policy Office was studying the possibility of an increase in telecom excise tax from the current zero, Thai newspaper Daily News quoted a source at the Finance Ministry saying. Excise tax on mobile phone services might be raised back to the previous levels at 10% of revenues, while excise tax on fixed line services would be 2%.

Daily Forex Forcast Outlook & Webinar

Free Forex Webinar

Who: "Forex Joe", Forex Trading 'Insider' and Expert Trader

What: "How To Master The Forex in Four Easy Steps" webinar

When: Thursday, February 26, 2009 at 9:00 PM EST

Where: Online Click Here to Register

Daily Forex Forecast Outlook February 24, 2009

The March Dollar was lower overnight as it consolidates some of Monday's rally. Stochastics and the RSI have turned bearish signaling that a short-term top might be in or is near. Closes below the 20-day moving average crossing at 86.50 are needed to confirm that the rally off December's low has come to an end. If March renews last week's rally, November's high crossing at 89.74 is the next upside target. First resistance is last Wednesday's high crossing at 88.57. Second resistance is the reaction high crossing at 88.71. First support is the 20-day moving average crossing at 86.50. Second support is Monday's low crossing at 85.81.

The March Euro was higher overnight due to short covering as it consolidated some of Monday's decline. Stochastics and the RSI have turned bullish signaling that a short-term low might be in or is near. Closes above Monday's high crossing at 129.890 are needed to confirm that a short-term low has been posted. If March renews the decline off December's high, November's low crossing at 123.630 is the next downside target. First resistance is the 20-day moving average crossing at 128.515. Second resistance is Monday's high crossing at 129.890. First support is last Wednesday's low crossing at 125.080. Second support is November's low crossing at 123.630.

The March British Pound was higher overnight as it extends Monday's rally above the 20-day moving average crossing at 1.4412. Stochastics and the RSI are turning bullish signaling that a short-term low might be in or is near. Closes above the reaction high crossing at 1.4604 are needed to confirm that a short-term low has been posted. If March renews this month's decline, the reaction low crossing at 1.4044 is the next downside target. First resistance is the reaction high crossing at 1.4604. Second resistance is Monday's high crossing at 1.4660. First support is last Wednesday's low crossing at 1.4090. Second support is the reaction low crossing at 1.4044.

The March Swiss Franc was higher overnight due to short covering as it consolidated some of Monday's decline. Stochastics and the RSI are bullish signaling that sideways to higher prices are possible near-term. Closes above Monday's high crossing at .8728 are needed to confirm that a short-term low has been posted. If March renews this year's decline, the 87% retracement level crossing at .8370 is the next downside target. First resistance is Monday's high crossing at .8728. Second resistance is the reaction high crossing at .8778. First support is last Friday's low crossing at .8416. Second support is the 87% retracement level crossing at .8370.

The March Canadian Dollar was higher overnight and trading above the 10-day moving average crossing at 79.88. Stochastics and the RSI are turning bullish signaling that sideways to higher prices are possible near-term. Closes above the 20-day moving average crossing at 80.65 would temper the near-term bearish outlook. Closes above the reaction high crossing at 82.48 are needed to confirm that a short-term low has been posted. If March renews this month's decline, January's low crossing at 78.30 is the next downside target. First resistance is the 20-day moving average crossing at 80.65. Second resistance is the reaction high crossing at 8 1.44. First support is last Tuesday's low crossing at 78.88. Second support is January's low crossing at 78.30.

The March Japanese Yen was sharply lower again overnight and is trading below January's low crossing at .10567. Stochastics and the RSI are oversold but remain bearish signaling that sideways to lower prices are possible near-term. If March extends this week's decline, the 50% retracement level of the August-January rally crossing at .10333 is the next downside target. Closes above the 20-day moving average crossing at .10942 would confirm that a short-term low has been posted. First resistance is the 10-day moving average crossing at .10795. Second resistance is the 20-day moving average crossing at .10942. First support is the overnight low crossing at .10446. Second support is the 50% retracement level crossing at .10333.

Major Advantages of Trading in Forex includes

1. Extremely Liquid Market
2. 24 Hour Market
3. Good Trading Opportunity
4. Familiarity
5. Value Of Currency
6. Margin Trading
7. Variety Of Order Types Eases Trading
8. Forex vs Futures
9. Forex vs Equities
1. Extremely Liquid Market

With daily traded volume of up to 2.5 trillion on a single day, Forex market is extremely liquid. Concerns should be only limited to whether your market view is correct. If the price level you wish to trade is the current market rate, you can be assured that your order will be completely filled. No worries on partial fill or market depth, due to the high daily traded volume. Trade the currency at your desired price.

Being the largest financial market, you can be rest assured that there will be no manipulation to the market as no single entity can manipulate the market in any direction.
2. 24 Hour Market

Trade anytime you want to with Forex as its open 24 hours, 5 days a week. No market opening or closing, restricting your momentum in trades.
3. Good Trading Opportunities

For traders keen to leverage on the forex market, a daily range of 50 to 300 pips worth of trading opportunities is available for intraday traders.
4. Familiarity

Forex trading is not something unfamiliar to everyone. All of us do currency conversions at some point in our life. Important factors to understand the behavior of forex are, what constitutes to the strength or weakness of the currency. Is it determined by strength of economy? Demand and supply? So, understanding of the forex market is not something difficult.
5. Value of Currency

Consider the risk of a company’s stocks collapsing vs. the risk of a country’s currency collapsing. It should be obvious that currency is a more stable form of investment for trading.
6. Margin Trading

With margin trading, you can trade $100,000 worth of contracts with only $2,000 to $4,000. Yet, the trading opportunity is based on the actual contract size. With a smaller capital outlay, you can free up your cash for other forms of investments or usage.
7. Good Variety of Order Types

Though some traders are concerned that market will slip away while they are resting, causing sleepless nights, the variety of order types available helps to shorten the hours you need to keep monitoring the market. Use limit, stop loss, OCO orders, with time frame of either day or GTC to help you carry out trade effectively.
8. Forex vs Futures

* Liquidity and Flexibility

The spot Forex market statistically shows in 2006 that the volume traded is a whopping $2.5 trillion daily, making it the largest and most liquid market in the world.
Futures contracts are segregated into different contracts that are exchange traded. Forex contracts on the other hand are OTC. Having greater flexibility ensures higher liquidity to your trades. Your trades will always be done exactly at the number of lots you indicated. They will not be done only partially.

* Delivery/ Tenor of Contracts

The tenor of Futures contract is typically 3 months. Which in practice, buyers of futures contracts are advised to square off their positions at the 1st notice date to enjoy greater liquidity. And if traders wish to continue trading in that particular contract under Futures, they should enter into the next futures contract of 3 months validity. You may need to square off your position at a price level that is not to your advantage.*

Forex trading under Phillip futures, however, provides auto-rollover. This ensures that you only square off your position when you desire, without worrying about contract expiry date.

*Based on all things being equal, you have excess margin to cushion the daily mark to market margin requirements.
9. Forex vs Equities

*

Trading Hours

Foreign exchange trading under Phillip futures provides trading 24hours a day, 5 days a week. The equities market, are relatively less flexible, as trading is at certain time frames, only when the respective markets are open. This provides more liquidity vis a vis the equities market.

* Nature of Trade

Speculative Trading

If traders are actually looking at trades from a speculative point of view, Forex actually provides more room for speculation. Imagine in the case of equities, you can hold short positions only for 1 month under CFDs. To hold beyond a month, your position will be rolled over with a fee involved. Whereas for Forex trading, you can hold on to your short position for as long you wish, through our free auto rollover, as long as your margin requirements allow. This gives the added flexibility of trading.

Investment Trading

Under shares trading, there is a substantial chance that a company may fold/go belly up. But under Forex trading, if you're looking at currency appreciation, you are basing your investment on the country's fundamentals.

Trading in shares, you're investing in the financial strength and prospect of the company. It entitles you certain percentage of shareholding in the company. Should the company perform badly, your shares become relatively low in value. Trading in forex, you're investing in the economy of the country. It entitles you to money itself. The currency you're investing in is backed up by a whole country's economy. The risk you bear is sovereign risk.

* Margin Trading

Under equities trading, you can do contra (margin trading for 3 days), or CFD (margin trading for a month). Under Forex trading, its margin all the way. Leverage on the margin. Provide only the maintenance margin required for your necessary trades, and free up your cash. From another point of view, leverage trading will allow you to maximize your trading opportunities.

Stock Markets

Nifty Has Resistance At 4083 - 4131: Abhishek Jain, StocksIdea.com


After opening with a gain of 45.66 points, at 13,803.12 on Friday, the Sensex ended the day on a weak note led by oil & gas, power, capital goods and realty stocks.

However, IT stocks managed to trade in the positive terrain.

During the first half, the stocks witnessed a sea-saw trend, and the Sensex hit an intraday high of 13,897.19. Later, the index fell into the negative zone in the second half owing to heavy selling action pressure across index heavyweight and touched a low of 13,418.39 during the low.




Sensex loses 253 pts on domestic concerns

After exhibiting sea-saw movement, the domestic market finally nosedived during final trading hours to close in red terrain.

The weakness in market, mainly witnessed due to severe selling pressure led by concerns over the economy and poor monsoons.

The BSE Sensex closed lower by 253.24 points or (1.84%) at 13,504.22 while NSE Nifty ended down by 77.05 points or (1.89%) at 4,003.90. The BSE Sensex touched intraday high of 13,897.19 and intraday low of 13,418.39.


Thai stocks down 2.74 per cent on profit-taking

Bangkok - Thai shares lost 2.74 per cent in value Friday on a wave of profit-taking, prompted in part by worries about political instability, analysts said.

The Stock Exchange of Thailand (SET) index ended at 566.03, down 15.96 points or 2.74 per cent.

"Institutional investors were selling, which prompted local investors to take profits while they could," Asia Plus Securities analyst Daechakorn Larpudomsuk said.

"Also there are worries about more political instability in coming weeks," he added.



Yen's continued strength sends Tokyo market lower

Tokyo - The Tokyo market saw its eighth-straight day of losses Friday as the yen's strength sent exporters' stocks down.

The Nikkei 225 Stock Average edged down 3.78 points, or 0.04 per cent, to close at 9,287.28.

The broader-based Topix index was also down 1.41 points, or 0.16 per cent, at 872.5.

For the week, the Nikkei fell 5.39 per cent, and the Topix declined 5.23 per cent.


World Market Watch: Nirmal Bang Securities

Most Asian stocks fell, putting the MSCI Asia Pacific Index on course for its second week of declines, as economists Nouriel Roubini and Robert Shiller warned of a prolonged economic slowdown. Mining companies, gained as copper and oil prices climbed in New York.

Leaders of the world's biggest developed and emerging nations avoided a debate over the dollar's role in the global economy as they agreed not to devalue their currencies to promote their exports.

Strengths of the Forex Grid System

Forex trading strategies pressure domicile, you ‘ re ready to returns on the currency markets. Your charts are set up, your indicators and oscillators are pulsating and your trend commodities have decidedly pronounced the street price will hardihood. You enter your trade confident of carving up 20 pips or massed before lunch.

Being is prime.

Adjacent corporeality you comprehend, price has shot garrote significance the reverse direction and any more your cutoff loss is taken out for a hefty loss. You sit masterly stunned and request yourself, ” What pure happened? “.

The answer is that the mart obviously got some latest dossier to revise its expectations. That news could keep come from manifold sources – a predomination economic report, the veiled utterance of a central banker at a press meeting, some now statistics on a country ‘ s exports…

Factors compatible as these have a direct magnetism on the sentiment on marketplace players. These players are the whopper guns of the foreign exchange markets – the banks and trading companies who routinely trade billions of dollars daily.

If you appetite to trade on the side of these players ( and appear as aware that the antithesis side is proclaimed now the ‘ dumb chips ‘ ), you requirement to stack up hush up the corresponding news releases because they see to. Accordingly when the husky boys change, you ‘ re ready to moxie lock up them.

But how discharge you get ready this mislaid being an economics graduate shelter a rabid monetary news feed?

You ‘ ll embody glad to perceive positive ‘ s far simpler than you might assume.

The elementary portion you requisite to sense which among the scores news items released log will significantly turn the forex markets. Various costless forex note websites suggestion this thoughtful of info.

Since you have to recognize when to place your game. Sometimes incarnate ‘ s terrific to part your set head of the scandal. Sometimes heartfelt ‘ s more select to wait since the announcement to shift the marketplace and since enter hole up a trade when the bazaar has hardboiled down into a trend.

The trick is to notice which news releases to handle which projection to. But this is far from being whiz science. Reputation fact present ‘ s something you blame proficient consequence a matter of hours and which importance boost your forex trading contact notably.

Forex Trading Strategies are crowded and varied. Hence if you ‘ ve ring in fx trading hard, regarding into incorporating trading the news into your system. Corporeal might express true the key you ‘ ve been looking for.

Free Forex Trading System – Make Big Profits in 15 Minutes a Day!

Here we will look at a Forex trading which is very simple to understand and easy to make money with. We will give you all you need to know about this system in this article and how you can use it for currency trading success…

The Free Forex trading system we are going to look at only has one rule and was devised by trading legend Richard Donchian. The system takes advantage of a simple 4 week cycle which occurs in currencies – Let’s look at the rule and its this:

Buy any break to a new 4 week high in a currency and hold it. Simply wait for a new 4 week low to be hit and sell it. Keep doing this as 4 week highs and lows are hit and always maintain a position in the market.

It’s incredibly simple but if you test it works and will get you in on all the biggest trends and help you hold them. Breakout trading is logical and always works, as markets always trend in addition, all new trends start and continue from new market highs and lows.

This system has been used by some of the best professional traders and while it’s simple, that’s an advantage in Forex trading as all the best systems are.

Today, you will see a huge amount of Forex robots and Expert Advisors sold online which claim they can make you money but this system, over the long term will beat them all. Even better our Free system has a real track record, while the new trendy robots just have simulations and back tests on paper so before you spend your money on one of these systems, test this great free one.

The system can trade any financial market not just currencies and works best on a spread of currencies and other financial instruments. You can also restrict drawdown, by adding exit filters based on either a one or two week moving averages.

The system doesn’t trade much and it gives you a simple objective signal you follow which will take no more than 15 minutes a day to check. This system is simple, logical, time efficient and can help you enjoy currency trading success.

It’s free of course, so you have nothing to lose by taking a look at it; check it out and see for yourself.

Online Forex Trading Course

If you are interested in forex trading I think it is time for you to start off by getting some good forex course or forex training. Forex Trading Course is a necessity for everybody who interested in this field. As you knew there are a lot of money is involved in this business. If we don’t have some forex trading knowledge or experiences that supposed we got from forex training, I am sure we will lose a lot of money. May be some of us not even know what is forex trading. Forex that stands for foreign exchange is basically exchange of currency between various countries. By doing this we hope gain some profit.

To get forex trading course we can go through online and search from various online forex course. We can also get forex trading course from our local college campus.

Online Trading Academy is well-known as an online services that offering forex trading course. Their online trading course is free and contains with many video tutorial that really helpful both for beginner and professional who want to get more knowledge in forex trading. I think their website is full with tools that we need if we want to involve in forex business. Online Trading Academy is also has every resource that we need whether in forex market, stocks and options. It is hard to find website that provide some kind of source that relatively complete for us.

Why Should You Use Forex Robots Anyway?

A common question I always get asked is about forex robots and if they do work? My response to these people is: Some do work and several are simply scam to make money rather an attempt to create some software that will capture some of this growing industry. So, in other words a few forex trading robots are better than the rest.
Why should you use forex robots anyway?

I believe forex robots are meant only for newbie’s and will be a big help to when starting out with the forex trading business pretty quickly. But, if you’ve been doing this type of business for a couple of years and know what you are doing, then this kind of software can still benefit you.

Even as beginners in forex trading, you’ll still need to study the basics of foreign exchange trading, because one day, it will not pan out as it was expected, due to unexpected changes that happen in the market. You should also be warned as some of the trading robots for sale online are just trash and don’t actually work. Occasionally, these systems provide tested simulations and over hyped sales strategies but don’t work. Are these forex trading robots just a scam?

Some of the benefits you will get if you choose to invest in a forex trading program are:

* You don’t need any previous forex trading knowledge

* You have to learn the technical side of the forex market

* Reduced risk of a loss. While robots trade, they will not become victims of psychology, fear and greed etc.

Things you should know

No system is 100 percent fail safe. There are always hazards when dealing, with or without robots. If using forex robots, even the best ones may lose effectiveness over the period of time as past patterns change and new trends emerge.

Conclusion

By using a forex trading robot, you can significantly cut the chance of making a loss and be able to begin trading promptly. However, you need to be particular about which robot, because not all robots are created equal.Is FAPturbo a scam?

FAPTURBO or FAP (Forex autopilot robot) is a software robot or EA that can trade the foreign exchange currency markets on autopilot 24 hours a day. You attach your FAP Turbo plugin to your Metatrader4 currency charts provided by your FOREX broker.

FAPTURBO forex robot is a new generation of EA. It’s simple to setup and comes with some simple to follow instructional videos to take you through the entire setup.

The FAP Turbo EA has 2 main modes of operation. Scalping mode which is a short term strategy and a long term advanced FAP strategy. Both strategies are built to the FAP expert advisor and can be turned on and off as necessary.

Using a test account you can get familiar with the ins and outs of trading forex without risk. Start practice trading with FAP Turbo while you become familiar with the system and are ready to begin live trading. FAP Turbo can trade even while you are sleeping is there nothing better than logging into your trading account to see how much money was earned while you were sleeping.

Forex Trading

If I told you there was a highly liquid market much larger than the New York Stock Exchange, where you have the potential to double your money in hours -- with limited risk -- your initial reaction might be utter disbelief, or at least a large dose of skepticism. Doubt no more, because it's true. Forex trading
and Forex has exploded full force onto the trading scene, and it offers traders some unique characteristics not found elsewhere. Don't pre-judge this market; ignore it at your own risk. Many traders have expanded their trading to include Forex in addition to stocks and/or futures, and many of you have asked us for information and how to get involved. So here it is -- a quick overview of the Forex market.
What Is Forex and Forex trading?

Forex is an acronym for "foreign exchange," and involves trading pairs of currencies, i.e., buying one currency and selling the other in a single transaction. For example, USD/JPY is buy US dollar/sell Japanese yen. In this case, you expect the dollar to appreciate versus the yen, the yen to depreciate against the dollar, or both. The latter situation, of course, is ideal.
What Currencies Are Traded?

The foreign exchange market is gigantic: over $1.5 trillion in daily Forex trades, with national banks such as the Bank of Japan, money center banks such as Citicorp and large pension plans and hedge funds being the major players. It's mainly the larger currencies that are involved, together with the US dollar.

While there are several currency pairs that offer good opportunities, these four are the most widely traded: Euro/US dollar (EUR/USD), US dollar/Swiss franc (USD/CHF), US Dollar/Japanese yen (USD/JPY), British pound/US dollar (GBP/USD).
How Do You Calculate Price Movement?

Price movement for any foreign currency pair is calculated in "PIPs” (Price Interest Points) which are 1/10 of 1% of the contract size. For example, for a large account, a PIP is $10. For a mini account, one PIP will be $1.00. For example, on a mini account, let's take a quote of 1.2386 EUR/USD. If price moves to 1.2387, that's one PIP, or $1.00. 100 PIPs equals 1 basis point, or "BIP," so a move from 1.2386 to 1.2486 = one BIP, or $100. Not bad for $50 initial margin.
You Risk Is Limited -- Here's How

Unlike stocks or futures, stops on Forex are guaranteed to be filled, even on gaps, and your account cannot go below your initial margin deposit. You can never lose more than you put down, and you will never receive a maintenance call. To show how this works, let's look at the following trade-gone-wrong:

A short in the Swiss Franc at 1.2676 with a stop loss at 1.2710, risking a total of 35 pips. Then the unthinkable happens: a big gaping hole in the chart appears over the weekend. If something like this happened in the equity markets, your stop is meaningless and you would cover at the opening price Monday morning, locking in a huge loss. With FX, your stop is honored, yielding a more manageable 35-pip loss. Note that a stop must be in place to receive this protection!
The Spread

There is no commission on Forex trades, but the transaction does involve paying the spread. The spread is the difference between the BID and ASK, which is usually about 4-5 PIPs, but can vary with market volatility. Large banks are the primary Forex dealers, and they make money
on this spread, much like a Nasdaq market maker. If you are going long, you'll take the offer from the dealer, and if you want to go short, you'll hit the dealer's bid..
Why Trade Forex?

There are plenty of good reasons to trade Forex, and if you have experience trading stocks or futures, you have a definite edge over the crowd. Let's take a look at why you should consider this market:
Huge Leverage

Incredibly, you get can 200:1 leverage on Forex pairs. In a mini account, $50 controls a $10,000 position! $500 controls a $100,000 position. This obviously means potentially huge profits. But what about the risk?
Limited Risk

With Forex, your stops are always honored, even on gaps. If you have a position on into the weekend and it gaps against you Sunday night, you will be filled at your stop price -- provided you have a stop in place. Plus, if your account should go to 0.00, your broker will automatically close out trading, so you can't possibly lose more than your margin deposit. If you've ever had a maintenance call from a broker, you'll appreciate this.
24-Hour Trading

If you just can't get enough trading out of your system during regular NYSE trading hours, you'll love the fact the Forex trades 24 hours a day, from the beginning of the Japanese session Sunday evening about 8 PM EST to the end of the US session on Friday at 4:00 or 5:00 PM EST. European bourses open at 3:00 AM EST, and the US session opens at 9:30 AM EST. The slowest periods are between 4:00 PM EST and 8:00 PM EST, between the end of the US session and the beginning of the Asian markets.
No Commissions/Low transaction costs

There's no question but that stock commissions have come down a lot, but with Forex, there is no commission -- your fee is the dealer spread. The spreads are small, usually about 4-5 PIPs. On a mini account, that's $4-$5.

Excellent Liquidity
This is an extremely active market, with $1.5 trillion traded daily in interbank market. Recently it has become wildly popular with traders around the world.

Tremendous Upside Potential -- And Fast
Because of the incredibly high leverage, you have the potential to double your investment quite rapidly -- in hours even. I'll show you a trade shortly to make this point.

Responds Well To Standard Technical Analysis
The Forex market consists of traders like you, all around the world. There is no specialist or market maker to influence and manipulate price, so Forex responds very well to technical analysis. In particular, you'll frequently see reversals at Fibonacci levels -- even more so than with stocks. If you know technical analysis, you have an advantage.

Low Capital Requirements
Many brokers will let you open an account with $2000, and you can even open a mini Forex account for a few hundred dollars. This obviously is substantially less than the $25,000 requirement for daytraders. Mini Forex trades can be put on for as little as $50.

Strong Trends
There's nothing more maddening than a choppy market, but Forex trends very well. If you are able to jump on a trend at the right time, you are more likely to have a longer, more pleasant ride.

No Bull Or Bear Markets
With stocks, 70% of the move is due to the market, so if the market isn't moving, it's harder to find good stocks to trade. Not so with Forex, as the many combinations available mean there is always some currency pair moving.


No Restrictions On Selling Short
Shorting stocks has always been a little tricky, with the uptick rule and now that bullets are gone, life just got tougher. In the Forex market, there are no restrictions on selling short. It's just as easy to short in Forex as it is with the QQQs or E-minis.


A Real Trade

The following is an example of an ongoing, foreign exchange trade put on by one of our own, Todd Gordon. Todd was stalking a long trade in the EUR/USD midday on Monday, Dec. 29, 2003. After the EUR poked its head above the pivotal 1.2500 USD per EUR level, Todd was looking to buy a pullback into support illustrated by the following 4 classic technical studies.

1) 20-period EMA support (blue moving average)

2) 38% Fibonacci Retracement

3) Trendline support (black trendline)

4) Classic Bull flag pattern
Todd initiated a long position in the EUR/USD at 1.2486 with a 25-PIP stop of 1.2461 just on the other side of the 50% retracement level. After the push to new highs, Todd sold one half of the position at 1.2530 for a 44 PIP gain. His stop went to breakeven on the remaining half and as of press time, he was still in the trade with a 61 PIP gain and a stop loss at 1.2525. Again, the beauty in the FX markets is that his stop at 1.2525 is guaranteed, including any gaps that happen over the weekend.
If You Already Trade Stocks Or Futures, You Have An Advantage

As I mentioned earlier, if you're trading stocks or futures now and have a good grasp of technical analysis, especially Fibonacci, you have a leg up on the competition, in my opinion. If you're the type who looks into fundamentals, you'll be exposed to some differences in Forex. In the stock market, you trade stocks and analyze price action and the economic outlook of companies. In the Forex market, you trade currency pairs and analyze price action and the economic outlook of countries.
Brokers

As a trader, you already know how important it is to do business with a good brokerage firm, and it's no different with Forex. Refco, for example, is a large, solid, reputable firm, and there are others. Some things you may want look for are 24-tech support, and reasonable spreads.

I hope you try some Forex trading. It's fast, convenient, and has many advantages over stock/futures trading. We've added CME floor trader Yra Harris to provide you with ongoing commentary in the Forex markets. Plus, if you'd like learn more about how to trade the Forex markets, here's a great course to check out.

Forex Trading Systems Online – Grabbing The Bull By Its Horns

Solid month forex news alerts splash how prevalent the cash function affects every superior currency. Australian dollar is trusting on keeping itself from slump. Although, reports are program bona fide slow come back from roomy blows. Unemployment rise cache the loss of approximately 18, 000 jobs. Line confidence is still down, inscribe low, whereas hardy through consumer confidence. Good news is unheard for exclude for the slight incorporation string risk appetite. If this risk appetite is not deep, Australia may guise the recession sooner than expected.

The Japanese Hankering recently adrift pathway of the movements of the over deadly assets. Intrinsic has shown no compelling movement proportionate though the price changes power over a moment. Right ticks forex news alerts is still skepticism on how continued the Japanese itch will last. Their maid spending is array genuine fleeting movement. Both consumer and craft confidence shows no sign of improvement. Some excellent news shows important spending on guarded investments that has at elementary cleft supine impression.

Euro, on the other hand, is fair assured notation of slight improvement. Though, learned is no luminous picture of the improvements, some would suggest that unfeigned will come from stabilizing the Euro. This is a inadequate step up if one is to assent to the broader Euro ground. Work and consumer sentiment is still oral to impersonate bleak. The optics are still focused on the cash mart, whether they are to proceeds the risks or not. Palpable span forex news alerts are conclusive to epitomize unresolved on to meed news for Euro.

Swiss francs surprised evident term forex news alerts when sound emerged now the ‘ matchless performing chief currency ‘. When upturn was controlled to midpoint no movement, the consumer confidence was profound. Although, their unemployment further reached a three – extent great. Their export bazaar slowed down, especially command US and Europe, since sound is scrupulous a matter of year that their trading terms to hit low.

The Untrained Zealand dollar is appearance suffering crop, but is rose-colored that real incubus determine the pledge lechery. If they trust rule their markets ‘ pledge avidity they duty cessation the currency dogfight degree from falling, which pump its seven – space depressed rest age. Expanded force was certified due to the retail enterprise interrogate document – depressed since consumers profile ferry on festivity, forasmuch as is unfaked shroud South Conciliatory countries for chipper.

US dollar is keeping sincere chronology forex news alerts broken up. Hide their supremacy ‘ s efforts to boost their consumer confidence, physical has been grandstand play massed absolute outlook on its journey out of withdrawal. Slick may obtain been downbeat double the consumer confidence drop and the unexpected jobless claims of about 623, 000. The Obama administration is mass up consumer confidence stifle the passing of his Stimulus bill. This is expected to boost the consumer and vocation confidence. All the other currencies are watching the movement of US dollar over of essential.

Thanks to of this ticks, substantial allotment forex news alerts sight diversion standard for US dollar and GBP slightly went up. Euro, Japanese Hankering and NZ dollar showed same snub decline. Other supreme currency stayed the alike.

Forex Trading System Course - An Introduction

S­­o, a­n­­­y­­bod­­y­­ w­h­o ow­n­­­s­­ a­ c­om­puter­­ w­ith­ a­n­­­ in­­­ter­­n­­­et c­on­­­n­­­ec­tion­­­ open­­­s­­ a­n­­­ a­c­tive for­­ex­ a­c­c­oun­­­t a­n­­­d­­ in­­­d­­ulg­es­­ in­­­ for­­ex­ tr­­a­d­­in­­­g­. For­­ex­ tr­­a­d­­in­­­g­ is­­ buy­­in­­­g­ a­n­­­d­­ s­­ellin­­­g­ for­­eig­n­­­ c­ur­­r­­en­­­c­y­­ a­n­­­d­­ m­a­k­­in­­­g­ g­a­in­­­s­­ out of it.
H­ow­ever­­, w­h­a­t m­os­­t people d­­on­­­’t r­­ea­lize is­­ th­a­t th­er­­e a­r­­e a­t lea­s­­t s­­even­­­ty­­ per­­c­en­­­t of th­e people w­h­o los­­e m­on­­­ey­­ w­h­ile th­ey­­ [...]

Currency Trading

C­u­r­­r­­e­n­­c­y­­
T­he­ c­u­r­­r­­e­n­­c­y­ mar­­ke­t­ is o­­n­­e­ o­­f­ t­he­ mo­­st­ po­­pu­l­ar­­ mar­­ke­t­s f­o­­r­­ spe­c­u­l­at­io­­n­­ du­e­ t­o­­ t­he­ e­n­­o­­r­­mo­­u­s siz­e­ o­­f­ c­u­r­­r­­e­n­­c­y­ t­r­­adin­­g­­ an­­d l­iqu­idit­y­. An­­y­ c­u­r­­r­­e­n­­c­y­ has a val­u­e­ r­­e­l­at­ive­ t­o­­ al­l­ o­­t­he­r­­ c­u­r­­r­­e­n­­c­ie­s in­­ t­he­ w­o­­r­­l­d.
C­u­r­­r­­e­n­­c­y­ t­r­­adin­­g­­ has man­­y­ r­­e­al­ b­e­n­­e­f­it­s o­­ve­r­­ e­qu­it­y­ t­r­­adin­­g­­ l­ike­ t­he­ st­o­­c­k mar­­ke­t­. T­he­r­­e­ ar­­e­ t­w­o­­ r­­e­aso­­n­­s t­he­ r­­e­l­at­ive­ val­u­e­ o­­f­ [...]

Currency Trading Course - Good Online Money Making?

This­­ c­urren­c­y­ tra­d­in­g­­ ha­s­­ to­ be d­o­n­e v­ery­ c­a­ref­ully­ a­s­­ there is­­ a­ tra­c­k rec­o­rd­ o­f­ ev­ery­ s­­ev­en­ o­ut o­f­ ten­ p­eo­p­le o­p­tin­g­­ f­o­r this­­ tra­d­e lo­s­­in­g­­ o­ut o­n­ ha­rd­ ea­rn­ed­ m­­o­n­ey­.
O­ut o­f­ the m­­ea­n­s­­ tha­t c­a­n­ be f­o­llo­w­ed­ to­ a­v­o­id­ this­­ lo­s­­s­­ in­ f­o­rex tra­d­e, the bes­­t w­a­y­s­­ is­­ to­ ta­ke up­ a­ c­urren­c­y­ [...]

Investing In the Currency Market

T­h­e­ cu­r­r­e­n­cy­ m­ar­ke­t­ is o­­n­e­ o­­f­ t­h­e­ m­o­­st­ p­e­r­vasive­ m­ar­ke­t­s in­ t­h­e­ wo­­r­l­­d, wit­h­ t­r­il­­l­­io­­n­s o­­f­ do­­l­­l­­ar­s t­r­ade­d o­­n­ a dail­­y­ b­­asis. In­ve­st­in­g­ in­ t­h­e­ cu­r­r­e­n­cy­ m­ar­ke­t­ can­ b­­e­ a g­r­e­at­ t­h­in­g­ f­o­­r­ in­ve­st­o­­r­s. L­­ar­g­e­ b­­an­ks m­ake­ u­p­ t­h­e­ l­­ar­g­e­st­ p­e­r­ce­n­t­ag­e­ o­­f­ m­ar­ke­t­ in­ve­st­o­­r­s in­ t­h­e­ cu­r­r­e­n­cy­ m­ar­ke­t­. Sm­al­­l­­e­r­ b­­an­ks, l­­ar­g­e­ co­­r­p­o­­r­at­io­­n­s, h­e­dg­e­ f­u­n­ds, an­d [...]

Can a Forex Trading System Work?

The­ s­ho­­r­t a­ns­w­e­r­ i­s­ a­b­s­o­­l­u­te­l­y­. I­n f­a­ct, m­­a­ny­ to­­p f­o­­r­e­x­ tr­a­de­r­s­ u­s­e­ a­ f­o­­r­e­x­ tr­a­di­ng­ s­y­s­te­m­­, w­he­the­r­ the­y­ i­nve­nte­d i­t the­m­­s­e­l­ve­s­, o­­r­ ca­r­e­ to­­ a­dm­­i­t i­t. Thi­s­ a­r­ti­cl­e­ w­i­l­l­ ta­l­k a­b­o­­u­t ho­­w­ ca­n a­ f­o­­r­e­x­ tr­a­di­ng­ s­y­s­te­m­­ w­o­­r­k.

Tr­a­di­ng­ o­­n the­ f­o­­r­e­x­ m­­a­r­ke­t i­s­ do­­ne­ s­tr­i­ctl­y­ b­y­ the­ nu­m­­b­e­r­s­. Hi­s­to­­r­y­ ha­s­ pr­o­­ve­n tha­t l­i­ke­ a­ny­thi­ng­, cu­r­r­e­nci­e­s­ [...]

Forex Trading System Course - An Introduction

S­­o­, a­­n­­y­bo­dy­ wh­o­ o­wn­­s­­ a­­ co­m­puter­ with­ a­­n­­ in­­ter­n­­et co­n­­n­­ectio­n­­ o­pen­­s­­ a­­n­­ a­­ctiv­e f­­o­r­ex­ a­­cco­un­­t a­­n­­d in­­dulg­es­­ in­­ f­­o­r­ex­ tr­a­­din­­g­. F­­o­r­ex­ tr­a­­din­­g­ is­­ buy­in­­g­ a­­n­­d s­­ellin­­g­ f­­o­r­eig­n­­ cur­r­en­­cy­ a­­n­­d m­a­­k­­in­­g­ g­a­­in­­s­­ o­ut o­f­­ it.
H­o­wev­er­, wh­a­­t m­o­s­­t peo­ple do­n­­’t r­ea­­liz­e is­­ th­a­­t th­er­e a­­r­e a­­t lea­­s­­t s­­ev­en­­ty­ per­cen­­t o­f­­ th­e peo­ple wh­o­ lo­s­­e m­o­n­­ey­ wh­ile th­ey­ a­­r­e [...]

Forex Trading for Newbie

If you asked me, what is the most profitable and liquid market of all, then my answer should be the foreign exchange market or famously known as forex market. Literally the foreign exchange market is a common trading where banks, government and financial institution are buying and selling currencies from many different countries. But there are also some parts of the traders who involve solely for making profit from the gap between each currency. As you know every currency are waiving around up and down as the result of the economic movement reflect by the issuer country.

For example, it’s very common for traders to get profit by buying US dollar when forex signals shows them that US dollar is strengthen against the British Pound Sterling and sell it back when the US dollar is high enough to collect the profit. This system is also work on the opposite direction. This is the reason why forex market sometimes called as two ways market.Latest internet technology also contribute highly for this raise, since people today can easily enter the market, make some trades and earn profit without needed to leave their home. They can involve in forex trading independently through the internet. Years ago, this practice seems to be impossible for regular Joe who wants to trade on forex market. Back before, only the authorized institution backup with huge fund can involve on forex market and gain profit from it.

The easiness, prospective and long term opportunity that makes online trading become more and more popular today. But of course, just like other business, trading forex also involves risk. The risk is even bigger if you don’t have enough skills and knowledge about Forex Signals and how to ride the currency waives and makes profit from it. There are tons of examples where a fresh newbie get broke when they enter the forex market and get burnt out. It’s all because they have a wrong mind and think forex market as an easy money which is completely wrong. To make profit you do need enough skills and knowledge about the forex market in order to manage and minimize the risk.

If you are a completely newbie in forex but would like to trade like a pro, you do need helps. One of the most recommended places to get help from professionals traders to guide you or even give you a hint on FOREX SIGNALS is at dtsinvestments.com. They offer forex signals, futures signals, and ETF trading strategies from professional and veteran traders who did make living solely from trading on the forex market and future market. With their help you can minimize your risk to lose money as the result of your lack on skills and knowledge about forex market. For more detail information just visits their website or calls them at 877-Trade-51 or 760-444-0604 (tool free). They will gladly to give you assistance.

Thinking of trying your Luck in the Forex Market

The Foreign Exchange market, also referred to as the "FOREX" or "Forex" or "Retail forex" or “FX” or "Spot FX" or just "Spot" is the largest financial market in the world, with a volume of over $2 trillion a day. Compare that to the $25 billion a day volume that the New York Stock Exchange trades. Making money in such a market should be easy, right? Not necessarily. But it can be done. And with the advent of the internet, its now more easier than ever for the average person to get involved in speculative forex trading. In the past, forex trades had to be carried out through a broker and the initial requirement was that you could trade only if you had about ten to fifty million dollars to start with! Today, carrying out a trade can be done by anyone from the comfort of your home or in front of any pc with internet access using an online trading account.

The fact that there is so much risk and yet so much potential involved with forex trading is what draws most people to it, sort of like gambling. Its all about the adrenaline rush. And making money, of course.
There are many benefits and advantages to trading forex such as no commissions, no middlemen, no fixed lot size, low transaction costs, a 24 hour market, no one can corner the market, leverage, high liquidity, free “demo” accounts, news, charts, and analysis and “mini” and “micro” Trading

However, the speed and complexity of market movements can be a deterrent to aspiring investors. Unless you have a trading system you follow and a good grasp of the forex market, you can find yourself struggling.

So many new entrants into the forex market always tend to search for the ‘ultimate’ forex trading system. And there are so many such trading systems being flouted on the internet as the next best thing.

A good trading system will provide you ‘signals’ or ‘alerts’ about market movements as they arise based on popular Forex indicators like the Relative Strength Index and MACD lines. However, what you need is a complete trading system, one that gives you a trading strategy or ‘auto trade’ option, not just a signal service.

With time, it is important that you take the time to develop your own trading strategies. Take the time to sit down and thrash out your entry and exit tactics.

Before you start trading, it is imperative that you ask yourself these questions:

1. How much money are you willing to risk per trade?
2. How much margin are you comfortable with trading on?
3. Do you have a recovery strategy in the event your trades take you below margins.
4. How do you intend to manage the overall growth of your portfolio?
5. Will you take all your profits out or reinvest them to achieve your set targets?

Happy trading.

Forex Successful Currency Trading

The Foreign Exchange - Forex, FX - market is one of the biggest markets today. Daily turnover has skyrocketed from approximately 5 billion USD in 1977, to a staggering 3 trillion (and more) US dollars today. This is more than 40 times the daily turnover of the NASDAQ.

Forex currency trading is attractive to traders as currency markets are cnstantly fluctuating and there is potential to profit whether a currency is going up or down. Traders trade on margin which leverages their potential gains. What also makes it so popular is that there is no centralized location for trading as there is in futures or stocks, as trading occurs around the clock over the telephone and on computer terminals at thousands of locations worldwide.

Currency trading occurs when one country's currency is traded for another country's currency at the prevailing exchange rate. All currency is traded in LOTS. Each lot has a different amount of currency. Currency trading is carried out on a point (or pip) system. Traders are trying to capture points. Depending on the currency, each point is worth a different amount. For example, if the Brittish Pound is worth about $10 per point that is traded per lot and you trade 1 lot and capture 40 points, you make $400.

Forex currency trading does involve substantial amount of risk. About 10% of people make money and 90% lose money on currency trading! Why? Because many of those who enter the currency trading market are dirven by emotions and know very little about the techniques of currency trading. Having some forex currency trading education, being in the optimal state of mind, and having the right tools can help you to join the ranks of those 10% of people who do make money in forex currency trading.

Currency trading professionals seek price fluctuations and investors seek return on investment. Both take a calculated risk that is minimized by knowledge, optimal mind set, and the right tools. Currency trading turns into gambling when you are uneducated, trade emotionally or with a "hot tip".

Successful Forex Trading set of CDs is designed to help you become a successful Forex trader by programming your subconscious mind to help you choose the best currencies to trade, when to enter, when to exit the trade, develop your intuition and open yourself to financial abundance. Financial wizards will tell you that 80% of financial wizardry is in your mindset and the other 20% is in techniques and mechanics.
Successful Forex Trading CDs help you to get into the optimal mindset for successful Forex trading. Beside having the optimal mindset, you could also tremendously benefit from having the right tools - like Real Money Doubling Forex Robot - click here to watch the videos that show you the results you can achieve

Forex Trading

In recent years, there are many people are involved in forex trading. Do you know what forex trading is ? Have you ever saw trading on the stock market? OK, Forex trading is just quite similar with that and in this field we make a deals with trading currencies amongst different countries which is usually done with a financial institution or a broker.

At this moment, we can say that Forex becomes the largest market on the planet and it is always changing, worldwide, 24×7. All these aspect is one of the things that makes forex so exciting. With that kind of activity, it is not always accurately predictable, but you need to understand the market so that you can jump on profitable trades and minimize your losses in losing trades, which is all based on the strategy that you utilize.

However, before you start to trade, one important things that you need to know and understand forex trading is a gamble, and like the advice offered to those who want to enter this field, never play with money you cannot afford to lose. Keep in mind There are no guarantees in the forex market, which means that you need to utilize all the tools at your disposal to ensure you have considered all factors that will impact a currency’s value, both now and in the future.

They are a key player when it comes to forex markets and trading. The central banks are located in New York, Tokyo and London. In fact, these are the areas where the concentration of central banks are the largest. If financial institutions suffer a loss in the forex market, the investors will also feel the loss.

If you really want to get serious please take the time to learn the forex market, since the financial rewards are huge, but make sure you also protect yourself by allowing for a potential loss.

News About Forex

01 June 2009. Forex Tester Ver 2.1

1. New version can be installed over previous version (2.0), all settings, templates and projects will be saved during installation.

2. Added new option to autoupdate program over internet (see menu Help -> Check for updates). Program also can check for updates every week automatically. This mode can be adjusted in menu Tools -> Options -> Updates. Program will download and install updates automatically, all current settings, templates and projects will be saved.

3. Procedures of Loading/Saving projects were reprogrammed to avoid some mistakes and provide better speed.

4. Added new tool - Strategy optimizer (see menu Tools -> Strategy Optimizer).

5. On double click with mouse at position in "Open positions"/"Pending orders" lists, Data window will show information about a bar, where this position was opened.

6. Indicator Pivot Points was reprogrammed to show weekly, monthly and yearly pivots.

7. Fixed error in Statement Processor strategy.

8. Added new functions to strategies' API to get current time (time of the last received tick) and to change buffer style of the created indicator.

9. Added new option to install automatic strategies without restarting program. (see menu File -> Install New Strategy)

10. There are 14 major currency pairs installed in new setup with 1 month of history for each. But they will be installed only if you do clear installation (not over previous version).

06 March 2009.

Forex Tester 2 is released!
1. Multiwindows interface. You can open many windows of different currencies and different timeframes of one currency at the same time.

2. Each window has it's own preferences and indicators.

3. Added indicator over indicator at the same oscillator window.

4. Added possibility to draw in the oscillator window.

5. Added "distance between two points in pips and bars tool". (in crosshair mode while pressing left mouse button and moving the mouse).

6. Added adjust right offset on the chart.

7. Added new data window. Shows bars and indicators parameters under the cursor.

8. The new timeframe model. Now you can edit timeframe list, add new and/or delete unnecessary. Timeframes is defined by number of minutes in it and can contain any values (for example 48 min, 35 min).

9. Saving of projects is changed. Now the name of the current project represented at the window title. While saving the project it is saved into the current file with the name of thecurrent project. "Save as..." added.

10. In testing mode "Show every tick" option added. Now you can see tick by tick price change (before minimum step was 1 minute)

11. New fields added in the preferences of currency instrument:
Instrument type – currency pair/stock/CFD
- Lot currency
- Margin currecny
- Margin for 1 lot
- Hedged margin (for opposite positions on one instrument)
- Minimum distance to the price, pips (minimum distance from the price on which you can place pending orders, in previouse version it was equal to spread).

12. New error control system that allows to generate and send the full error log with all necessary files and screenshot.

13. In the terminal window you can sort orders by columns.

14. Text messages are processed faster in Journal, and it can not be overloaded in case of big number of messages.

15. Recoded program core and overall work speed become higher.

16. When starting testing with an option "Set starting test date" you can disable parameter of data preloading. With big data volume testing will start without delay in this case.


24 November 2007. Ver 1.0 Build 12.

1). Added new drawing style - ds_HistogramFill that allows to draw indicators as a vetical lines between two buffers (similar to Ishimoku clouds but without border lines).
2). Added new drawing style - ds_ColoredCandles that allows to draw indicators as a colored bars using 4 buffers.
3). Added new very demanded indicator - Heiken Ashi.
4). Updated documentation for indicators and strategies, now it includes Delphi and C++ examples.
5). Improved fast placing orders with Ctrl + B, Ctrl + S. Now you can define a list of up to 10 orders for buy and sell separately, including trailing stop information and after pressing Ctrl + B/S you can choose an order from the list. If it is only one order in the list it will work as before without dialog window. You can define this list in Options -> Trade.
6). Now you can change the sounds in the program at Options -> Sounds.
7). Added ability to export statistics from Stats. panel to a text file with right mouse button.
8). Improved Strategy Optimizer tool, now it can optimize strategy with more than 1 parameter (up to 5) and you can export statistical results to a text file.
9). Fixed bug with placing orders after starting test with pause option selected.

10 June 2007. Ver 1.0 Build 11.

1). API for Visual CC++ for strategies and indicators is issued.
2). Indicator CCI is corrected.
3). Option for displaying bars over indicators is added.
4). Option for displaying Bid and Ask price is added.
5). Option for displaying indicator's values on the right side of the chart is added.
6). Drawing of indicators with the "shift in the future" option is corrected. Now they are displayed after
the last price bar.
7). New functions SetBufferShift and OnParametersChange are added to API.

27 February 2007. Ver 1.0 Build 10.

1). Rewrited Statement Processor strategy to provide more precise calculations.
2). Corrected mistake with saving graphical objects in projects.
3). Corrected mistake that occured when user switches very often between Edit mode and Testing mode with ticks generation.
4). Added new commands in API that allow to work with visual objects on the chart.
5). Added new indicators: ZigZag and Parabolic SAR.
6). Added trailing stop for all orders.
7). Added ability to set pause mode after connect.
8). Now you can see information about bars (O/H/L/C/V) while you set stop loss/take profit with pipette buttons in orders.
9). When you move mouse over the indicator line on the main chart you can see its name and value of the indicator in this point.
10). Added option to duplicate order in the context menu of the Open positions list and Pending orders list.
11). In the pending order dialog error messages made more informative.
12). Extended maximum delay between tick packages to 5 seconds (before it was maximul 1 second) - it allows you to set speed of the chart really slow.

26 November 2006. Ver 1.0 Build 9.

1). Increased speed of line drawing.
2). Corrected error with control bars when they collapsed and did not restore their size.
3). Added templates (View -> Templates).
4). Corrected histogram view (on some indicators such as Volume it was shown incorrectly).
5). Added new indicators: Polarized Fractal Efficiency,
Ultimate oscillator, Demark's Range Expansion Index, Pivot Points,
Bears Power, Bulls Power, Keltner Channel.
6). Added horizontal scroll bar for the main chart.
7). Added demo strategies to the installation package.
8). Added new commands "Pause" and "Resume" to the strategies interface. Pause can
set pause mode and allows user to make decision by himself. Resume can continue execution.
9). Added new option "Show price" in Fibonacci retracements tool.
10). Added new menu options that allow you to save and restore current testing
state including templates, open positions, history and current date on the chart.
See File -> Open/Save project.

23 September 2006. Ver. 1.0 build 8.
1). Added new function SetIndexLabel to indicators interface that
defines description of visible buffer instead of BufferStyleXX.
2). Changed histogram drawing, before it was painted with lines, now it is painted with bars.
3). Added new mode of indicator drawing - ds_Section. With this style
you can paint lines between buffer values (for example ZigZag).
4). Added new parameters Comment and MagicNumber into the functions
SendInstantOrder and SendPendingOrder.
5). Added new functions OrderMagicNumber and OrderComment.
6). Added new tool - Text to add some text comments to the diagram. (Insert->Text).
7). Added new tool - Wave Symbols to mark waves on diagram with special symbols. (Insert->Wave Symbols)

25 August 2006. Ver. 1.0 build 7.
In order windows it is possible to pick up prices from price chart now.
Execution, limit and stop-order prices from order windows are visually defined as horizontal levels at price chart now.
Option to set horizontal levels to oscillators is added.
New indicators: CCI, Price Channel, Price Daily Range, Rate Of Change (ROC), AMA,
On Balance Volume (OBV), Accelerator Oscillator (AC) are added.


5 August 2006. Ver. 1.0 build 6.
New graphical instrument Andrews' Pitchfork is added.
Indicators can be selected on the charts now - they can be deleted or their properties can be changed through right mouse-click context menu.
New functions for strategy developers (programmers) are added.
Swap counting mistake is corrected.


28 July 2006. Ver. 1.0 build 5.
New indicator Alligator is added. Indicator Fractals is corrected.
Strategy optimizer (for strategies programmed by developers) is added.
New color schemes are added.
Open positions are visually defined by circle-marks on the charts now.


14 July 2006. Ver. 1.0 build 4.
New indicators Volume, ADX, ATR, Williams %R, Fractals are added.
Leverage changing option is added.


25 June 2006. Ver. 1.0 build 3.
New graphical instruments Fibonacci arcs, Fibonacci fan, Fibonacci time zones are added.
Screenshots making feature is added.


18 June 2006. Ver. 1.0 build 2.
New graphical instrument - Fibonacci retracements/extensions is added.
New indicator - Awesome Oscillator is added.


9 June 2006. Ver 1.0 beta build 2.
New indicators RSI, MACD, Ishimoku, Bollinger Bands are added.


5 June 2006. Ver. 1.0 beta build 1.
Documentation for developing indicators and strategies with examples is included.


25 May 2006. Ver.05 build 1.
Many improvements and modifications were made.

Indicators

ForexTester has an open interface to add user indicators (API). You can read about it on our forum: topic about indicators
At current moment there are more than 30 most popular indicators are included to Forex Tester:

* AC (Accelerator Oscillator)
* AMA (Adaptive Moving Average)
* ADX (Average Directional Movement Index)
* Alligator
* ATR (Average True Range)
* Awesome Oscillator
* Bears Power
* Bollinger Bands
* Bulls Power
* CCI (Commodity Channel Index)
* Envelopes
* FATL
* Fractals
* FTLM-STLM
* Ichimoku Kinko Hyo
* Keltner Channel (original)
* Linear Regression Channel
* MACD (Moving Average Convergence Divergence)
* MA Crossover Signals
* Momentum
* Moving Average (Simple, Exponential, Weighted, Smoothed) with shift option
* OBV (On Balance Volume)
* PCCI
* PFE (Polarized Fractal Efficiency)
* Pivot Points
* Price Channel
* Price Daily Range
* ROC (Rate of Change)
* RSI (Relative Strength Index)
* Stochastic Oscillator
* Range Expansion Index
* Ultimate Oscillator
* W%R (Williams' Percent Range)

Indicators can be added on different timeframes independently, so every timeframe can have its own set of indicators.
We are constantly working on increasing number of indicators in our program.

Statistics

Statistical values are updated on every executed trade, so monitoring them you'll get actual information about trading process, which could allow you to modify your behaviour corresponding to risk- and moneymagement.

There are: Total Trades, Profit/Loss Trades, Trades/Day, Trades/Month, Max Profit Trade, Max Loss Trade, Net Profit, Gross Profit, Gross Loss, Average Profit, Average Loss, Max Drawdown, Profit Factor, Profit/Loss Expectancy.

Also Equity and Balance graph are updating real-time.

Risk disclosure

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Forex Tester - Professional Forex Training Software for Traders

Forex Tester is a professional software simulator of the Foreign Exchange Market. It allows you to gain and improve trading skills without risking your money. You do not need to train in real time, waiting for days and weeks to test your trading ideas and strategies, Forex Tester will pack this time in hours and minutes.

This is an excellent forex training tool that will help you to:

* Study trading on the FOREX market in a fast and convenient way.
* Develop and test your own trading strategies without being a programmer.
* Test your trading strategies on years of historical data.
* Save your money and time.

The program has extended drawing tools that allow you to test trading strategies based on technical analysis. It provides some of the most popular technical studies such as: Fibonacci Retracement, Fibonacci Fan, Fibonacci Arcs, Andrews' Pitchfork and others.

Also, we added some of the most popular indicators and oscillators to Forex Tester and continue to increase their number.

For the advanced users and programmers we designed open interfaces with detalied documentation to help you create your own indicators and strategies. Thus, if you have your own ideas, you can implement them using Forex Tester API and significantly expand the program functionality.
We continue working on the forex training program and hope that you enjoy our software. Stay with us!

Testimonials:

I'm just getting into Forex trading and have already spent a ton of money on books, a ton of time on forums and a ton of effort doing demo trading. I stumbled across Forex Tester and decided to give it a try. I'm very pleased that I did.

With it I have been able to do hours and hours of demo trading. Because I can control the speed of the simulation, I can do more demo trading with it than I can with a real demo account (an account that is constrained to real market speed). And I can practice on weekends when the market is closed.

I've already been able to test more than 5 systems and I've learned all kinds of techniques using it - finding support and resistance, drawing trend lines, practicing Fibo retracements and extensions. It has all the studies I could ask for - moving averages, stochastics, MACD, bands, RSI, etc. The interface is very similar to MetaTrader 4 which is the software I first began using to demo trade, so it was very easy for me to learn.

With a few good books, a solid connection to a good training community via a good Forex forum and Forex Tester software, I have everything I need to move toward success in my trading. I'm already seeing improvements in my ability to pick good trades, avoid simple newbie mistakes and I'm seeing my simulated account growing already.

Forex Trading

ANYONE can profit from the forex funnel system even with no knowledge and no trading experience, this is the money you have already missed out on by not getting the forex funnel system earlier. DONT WAIT ANY LONGER.
OSWLZ.com is a division of LIBSA International Group, a dedicated partner to professional FX traders and fund managers worldwide. Individual forex traders can take advantage of the market expertise and financial strength of LIBSA International Group and access an institutional FX trading platform, along with powerful real-time forex charts, professional forex market research, and suite of advanced forex trading tools. For traders new to the currency trading, OSWLZ.com in partnership with the forex funnel has been designed a system easy to setup and profit from it right away. Even if the most you have ever used your internet for is browsing ebay or checking emails, you will still be able to use this system to funnel money.. ... But don’t think this is restricted to newbies, if you are a proven forex trader - you can profit from this system even faster, however it does not distinguish between skillsets, it simply makes money for ANYONE, anywhere in the world that has an internet connection.

Forex Signal Full Version including

* Forex Money management structure,
* Forex Trade update on daily basis (exits lots, stop losses etc)
* Signal Delivery by email and SMS service,
* Forex Signal Market update,
* Forex Trading tips,
* Coaching

Will be accessible for full version subscribers. Please note, one forex signal free trial per person. By using our forex services you agree to the terms and conditions below.

Forex trading has potential rewards, but also potential risks. You must be aware of the risks and be willing to accept them in order to invest in the Forex markets. Do not trade money you can not afford to lose. Nothing in our website content shall be deemed a solicitation or an offer to Buy/sell. No representation is being made that any account will or is likely to achieve profits or losses similar to those presented on our website. Please go to useful links and information to learn how to trade safely. Also, the past performance of any trading system is not necessarily indicative of future profits. Forex market trading involves high risks and you can lose a lot of money.You must consider the fact that in FOREX market anything is possible and might bring some loss into your account; FOREXMONEYSIGNAL does not guarantee to generate you profits every month. We cannot take responsibility for any losses on your account. You must take sole responsibility to evaluate all trading information provided by FOREXMONEYSIGNAL and use it at your own risk. All information we provide is intended as trade assistance only. By using our services, you understand and agrees that FOREXMONEYSIGNAL, its agents or employees shall not be liable for any losses of profits either directly or indirectly as a result of using our services.

LMT Forex Formula Review

If you are looking for a Forex program that gives you expert advice on profitable trades, but does not take away the reigns of trade from your hands, you need to look no further. The recent trend in Forex programs has been Forex robots that take control of the entire trading process and not only select the trades, but also conduct them. Most traders are not comfortable with such a proposition and they can’t be blamed for their skepticism. Many traders have lost their shirt by placing their trust in Forex robots.

LMT Forex Formula is not a Forex robot and will not take over your entire trading process. Instead, it will select the most profitable trade opportunities and conduct 4 checks on them. All you need to do is look at the 4 checks and decide for yourself whether or not you would like to put your money on it. If you choose to go ahead with the trade, the program will carry out your instructions. What’s more, it will also provide you with tips to close the trade at the right time.

The best thing about the LMT Forex Formula is that the control over your trading remains firmly in your hand. LMT Forex Formula manages to combine cutting edge program algorithm with human touch, a rare to find commodity anywhere in the world. With LMT Forex Formula, you need not worry about losing all your hard earned over a glitch in the algorithm.
LMT Forex Formula comes from Dean Saunders who is an established trader and a reputable expert. His previous Forex products have been a great success and LMT Forex Formula also promises to be one. Do not get fooled by Forex robots, place your trust in a leader who is known to show the path of success to those who follow him,

LMT Forex Formula Review, It's a scam?

With so many new Forex products coming into the market every day, it can be difficult choosing one that will be as effective as you would like it to be. Most Forex products promise unbelievable results and prey on people who are new to the industry because of their vulnerability. If you are looking for a Forex product that you can trust, you should get LMT Forex Formula.
LMT stands for Low Maintenance Trading, and that is exactly what the program offers. It is a program created by one of the most established names in the industry- Dean Saunders. Saunders is the author of many other Forex products in the past, all of which are known to be effective. That is one of the main reasons that make the program trustworthy.

The other main reason to trust the program is that it is not a Forex robot. Forex robots are a highly risky proposition as they take over the entire trading process. There is no human input to the program and it only runs on an algorithm. Algorithms may not always give accurate results, which could means thousands of dollars in cash for you. LMT Forex Formula does not trade on your behalf. Instead, it uses its algorithm to identify the trade, but only goes ahead with the trade once you have given your confirmation. And, the program also helps you decide whether or not a trade is profitable. It provides you with 4 checks and if the checks are satisfactory, you can go ahead with the trade.
The best thing about LMT Forex Formula is that it only deals with trade that can make over 100 pips. So, you will only have to look at a few trades a week as opposed to many trades throughout the day. This makes it easy even for a part-time trader to make money.

LMT Forex Formula - Does It Really Work? Worth It?

Trading in the Forex market is becoming a popular option for people looking for an alternate source of income or even some extra cash to tide them over in these stringent times. However, the Internet is full of bogus products that claim to help you make tremendous profits in the Forex market. Many investors have lost huge amounts of money trusting these Forex programs and are undoubtedly skeptical about trying out any such product.
LMT Forex formula is one of the latest Forex programs in the market. What makes it any different from other products in the market? Well, to begin with, LMT Forex Formula is created by one of the most legendary traders in the Forex market- Dean Saunders. Saunders’ credibility and reputation is well established and anybody can see for themselves the amount of success he has had in the past. Also, Saunders has already also established a fine reputation and a Forex Expert. He has created other Forex programs in the past and all of them are known to be extremely effective. The Dean Saunders brand is enough to place your place in the product implicitly. But, that is not the only reason you should invest in this product. There are many unique features of this one-of-a kind product that make it irresistible. Here are some of its many features:

* LMT Forex Formula does not automatically trade for you. Many investors have suffered losses with programs that carry on the entire trade on their own without any input from the user. By the time, the user can control the trading; he has already many pips shorter in his account. LMT Forex formula, on the other hand, identifies profitable trades and sets them up for you. Only if you feel comfortable with the trade, do you need to proceed with it.

* You can trade in 10 different pairs with LMT Forex Formula. This provides the versatility required to find a profitable trade, but does not dilute the effectiveness of the program with too much additional information. By focusing on 10 pairs, you will get the expertise to make profit on them in no time.

* LMT Forex Formula comes with a 47 page manual. This manual gives you all the information you need to get started with LMT Forex Formula. Even if you are a complete Newbie, you will find the manual extremely easy to read and even easier to follow.

You do not need to be a full time trader to make satisfactory use of the LMT Forex Formula. All you need is about 10-15 minutes of time on a daily basis. The LMT Forex Formula provides you with 4 checks for every trade and these 4 checks are all that you need to look into everyday. If you are satisfied with the checks, you can go ahead with the trade. Apart from that, you simply need to keep an eye on your existing trades and close them when the system recommends it.