FXConverter is a multilingual currency converter for over 164 currencies and 3 metals. It uses daily OANDA Rates®, the touchstone foreign exchange rates used by corporations, tax authorities, auditing firms, and financial institutions. These filtered rates are based on information supplied by leading market data contributors.
This is a forex trading tool for active forex traders who are looking for a combination of speed and reliability. It offers real time signal for 5 currency pairs, analysis indicators, profit & loss tracking etc.
This is tool keep you close to the rapidly changing forex market even when you are away by using the parameters of your trading strategy to set alerts on rates and technical indicators. Alerts can be displayed on cell phone or PDA.
This intelligent automatic trading system possesses a high win rate and uses higher timeframes to determine the actual market direction and trend and lower timeframes to determine the turning points.
This Forex trading tool is a powerful EA that is based on accurate logic and analytical mathematics. It has a backtested record and is capable of operating under all types of markets.
This Forex trading tool uses neural network technology to furnish accurate signals. This tool also has a unique time adaptability feature which helps it correct itself and make new predictions as fresh data comes in.
VersusBoard FX is a Forex Trade Signals Software application that is based on fundamental and technical analysis and delivers Forex Signals Alerts in real time.
This Forex analyzer provides a wide range of services to the traders including a multi trend monitor and a reversal prediction feature that defines target points more precisely.
This Forex trading tool performs on a forex technical analysis methodology called Fibonacci Trading. The SETUP METER feature provides this tool a cutting edge over the other tools available in the forex market. The so called charts have been replaced with Grids, which comes in quite handy to understand and analyze.
This tool is based Dow theory, the Elliot Wave principle and the Fibonacci percentages to provide better investing and trading decisions. This tool can be well calibrated with the other technical analysis tools and get a better forex market understanding.
This is an automatic trading system that uses multiple timeframes, 12 custom indicators, fibs, pivots and support and resistance for the trading decisions. Every trade is secured with a fixed SL.
A powerful trading tool that has the ability to design framework and methodology, along clear entry/exit rules and advanced money management functions to trade flawlessly.
This easy to use Forex tool is used to generate trading signals for a trader and is used worldwide to start Forex trading. It works with all leading trading platforms and with any broker in any country.
Forex Robot Trader is a fully automated trading system that looks for signals 24 hours per day. Most of the traders are longer term and set to close when they are in a profitable position.
This Forex tool works with any market and any time frame. This tool has taken the exit strategies to a higher level, with the Automatic Profit Level and Automatic Trailing Exit, the application decides the proper exit points.
This Forex trading tool makes use of pattern technology and the money management strategy. It uses a "Set and Forget" strategy to formulate the strategies and sit back, while it keeps working on the pattern.
OUR TRADING TEAM How much precious time do you spend watching the Forex market trying to identify the right price to BUY or SELL? Our professional Forex signal trading team monitor the 8 major currency pairs , 24 hours a day. When it’s time to trade, we send the identified BUY or SELL forex signal opportunity directly to your cell phone and and flash more information about the trade directly to our forex software on your computer.
BUILT-IN CHARTING The 4XFindMe Enhanced version has built-in easy to use streaming real-time forex charts with over 30 available technical indicators. This deluxe charting package allows you to view the forex market in over 5 dozen time frames.
WHY USE A FOREX TRADING SIGNAL SERVICE Remember, you can not always be at the computer when a trade is identified. The Forex Signal service will also send trade alerts with BUY or SELL trade instructions directly to your mobile phone via SMS/TEXT message alerts. 24 Hours Every Day! Go Enjoy Your Life And Let Forex Signal Alert You Only When It’s Time To Trade.
Trader x has an account of USD 50'000. He buys EUR/USD 500'000 @ 1.1500 at the market and places a stop loss order at 1.1460. At this point his maximum risk is USD 2'000 and his margin utilisation is 10%, well above the minimum. During the day the forex market fluctuates and initially moves down to 1.1480. At this point trader x has an unrealised loss of USD 1'000 and his margin utilisation has fallen to 9.60% reflecting the effect of the downward move on his margin capacity. Later still the price moves back up to 1.1550 and trader x decides to take profit. He sells at 1.1550 making a USD 2'500 profit which represents a 5% return on his account value. Note that trader x took only a risk of USD 2'000 and made a return of USD 2'500 this equates to a risk/reward ratio of 1.25. A high risk reward ratio is what every trader should be aiming for. The viewer should note that the example above is a random case scenario and in no way is meant to allude that the potential for profit is greater than the potential for loss in foreign exchange trading.
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Forex Signal Service
NetPicks simple-to-follow mechanical trading strategy has been bringing in the profits month after month! If you are trading Forex or are considering trading Forex, then this is an ideal opportunity for you. The profit potential is as good as anything we’ve seen. NetPicks has been publishing stock, options and e-mini futures picks daily on the internet since 1996.
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The foreign exchange market (currency, forex, or FX) trades currencies. It lets banks and other institutions easily buy and sell currencies. The purpose of the foreign exchange market is to help international trade and investment. A foreign exchange market helps businesses convert one currency to another. For example, it permits a U.S. business to import European goods and pay Euros, even though the business's income is in U.S. dollars. In a typical foreign exchange transaction a party purchases a quantity of one currency by paying a quantity of another currency. The modern foreign exchange market started forming during the 1970s when countries gradually switched to floating exchange rates from the previous exchange rate regime, which remained fixed as per the Bretton Woods system. The foreign exchange market is unique because of • its trading volumes, • the extreme liquidity of the market, • its geographical dispersion, • its long trading hours: 24 hours a day except on weekends (from 22:00 UTC on Sunday until 22:00 UTC Friday), • the variety of factors that affect exchange rates. • the low margins of profit compared with other markets of fixed income (but profits can be high due to very large trading volumes) • the use of leverage
Main foreign exchange market turnover, 1988 - 2007, measured in billions of USD. As such, it has been referred to as the market closest to the ideal perfect competition, notwithstanding market manipulation by central banks. According to the Bank for International Settlements, average daily turnover in global foreign exchange markets is estimated at $3.98 trillion. Trading in the world's main financial markets accounted for $3.21 trillion of this. This approximately $3.21 trillion in main foreign exchange market turnover was broken down as follows : • $1.005 trillion in spot transactions • $362 billion in outright forwards • $1.714 trillion in foreign exchange swaps • $129 billion estimated gaps in reporting
I’ve gotten a lot of questions like “do you offer training?” or “can you help me with…” or “I like how you trade, can you tell me…”. While I don’t offer any paid training classes or anything like that I’m going to be putting up a series of training modules here that will step by step take the beginner to advanced trader through the PipHut way of trading. As always I don’t claim to be the end all be all of currency trading and this is just my way of doing things. I always recommend you get as many viewpoints as possible, develop your own techniques and practice them every day on a demo account before ever doing any live trading! If you have any suggestions or comments feel free to add your comment or question at the bottom of any page!
It's time to learn a real forex tading method based on pure price patterns which is simple and effective. ... It's going to teach you powerfull trading setups, which we have used to profit considerably and consistently. We dont teach a bogus one hit wonder forex system, We are talking about you going away from this ebook with a concrete plan of action , powerfull forex system in hand, ready to make serious money. You will have unlikley seen these trading strategies taught anywhere. This is a genuine trading plan, containing everything we know and have learned from the markets. And the best thing is, its simple enough for you to copy every time you make a forex trade.. So what kind of trading can you expect with these methods? Well, You can swing trade the daily charts if you live a busy lifestyle, of if time allows, move down to 1 hour and 4 hour forex charts for quicker trade setups. This forex trading system is used for end of day trading allowing you to walk away from your computer after you have placed a trade and do what you have to do. This strategy was designed for traders who can't spend much time watching forex charts.
Become a confident forex trader using this forex system. You need to learn new strategies and systems in order to further your education and trading knowledge. You now have the ability to learn how to trade from a full time forex trader and start to identify high profitability trading setups. You will realised a dramatic change in your trading approach. By trading price action only, you will join the group that make money consistently. If you’re a beginner and don’t know where to start, try these strategies first because they will save your ass big time! Maybe you’ve bought forex trading systems or learned strategies or method before and your trading results still weren’t up to scratch. We have the solution you need. We want to teach you simple forex entry setups that are easy to identify, because we really believe trading should be kept simple. The best forex trading methods are not 100% mechanical. We dont believe in b.s mechanical robots and the like. There is some decision making involved with these forex strategies. Once things for sure, you can count on these tested trading systems to select the right entries and exits. With repetition comes mastery. You will be able to see patterns and formations over time.
In order to succeed successfully in forex trading you need to know what the purpose of trading forex is. Forex trading as you know is the trading of online currency and the key to success is to buy low and sell high just as with any other market. You task as a forex trader is to try to determine the trend of the particular currency you are looking to either buy or sell and to utilise the forex trading strategies to ensure that a profit is made.
Now that you know the purpose of forex trading the next step in knowing all about forex is to understand the codes, definitions and numbers used when trading. All currencies used in forex trading are assigned a three letter code. An example of this is the US dollar which is USD or the Euro EUR. Online currency trading is done in combinations that are known as a cross and these are represented by 6 letter words with the more expensive currency coming first. An example of this is GBPUSD which will show you how many US Dollar you will need to pay for one British pound. These rates are shown as five digit numbers for example GPBUSD = 1.6262 which means that 1 British pound is worth 1.6262 US dollars. When the rate changes the change will be displayed in bold, eg GPBUSD = 1.6264 which will mean that the rate has moved by 2 points. Knowing this is the key to successful forex trading and your key to profit.
When you enter the forex trading market you will enter as a buyer or a seller of a particular currency. If you are a seller you price is known as the ASK price and the buyers price is known as the BID. You can only buy currency from a seller with an asking price the same as the BID price.
These are the main beginner’s points to note when it comes to forex trading and knowing what the purpose of trading forex is and knowing all about forex before you enter into the market can make a big difference when it comes to your profits.