Are forex signals reliable ?

March 31, 2009  |  Author: admin  |  Category: automated forex

Am thinking of using some automated generator like Automated Forex Cash.

http://AutomatedForexCash.info

Forex signals are not to be followed blindly. These are used for trend analysis and is reliable only when you have knowledge of using it correctly. Forex is well known for its volatility therefore trusting blindly anything can lead us to huge losses.

Combining knowledge with analytical thinking can be a reliable source for earning huge profit.

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How to trade gold an oil?Is it all online like stocks?If yes do brokers offer leverage like in forex?

March 31, 2009  |  Author: admin  |  Category: forex brokers

Is it harder to predict the price of gold and oil or the price of stocks and currencies?

yes it is online and no

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Can I hedge against falling interest rates in the US dollar by holding a forex position?

March 31, 2009  |  Author: admin  |  Category: forex hedging

My CDs rates are falling because the Fed is depressing rates. That's also sending the dollar down. Since our economy is slowing the Fed will probably drop rates more. I'm thinking that if I pick a country paying higher rates I should offset a lot of my loss in interest income. I probably won't put a lot of money there, but at 100:1 rates forex accounts have a lot of leverage.

Is this a sound idea and if so, what currencies have good "carry trade" rates right now?

As the value of the USD goes down the EUR/USD and GBP/USD go up. Many people consider these good plays against a falling dollar.

Leverage is definetely one of the benefits in investing in the forex market (it can also be a curse if someone doesn't know what they are doing). I actually use a leverage as high as 400-1 on many of my long term hedge positions. I am able to earn a daily interest (7 days a week) on these positions.

There are longer term strategies that do not require the constant monitoring and active trading that is mentioned in the previous posts. I have one hedged position that I have not touched for over 6 months and it is doing quite well.

There are also no hidden fees and costs when participating in the spot Forex marketplace. You simply pay the difference between the asking price and the bid price when you enter your position. This is called the spread and it is the upfront "fee" that you pay when purchasing a currency pair. There is no spread charged when you closeout your position.

Best wishes for your success.

paul

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Can I trade other people's money in the Forex without being licensed?

March 31, 2009  |  Author: admin  |  Category: forex trading platforms

I found a system to make money in the Forex Trading. My question is this: Can I legally trade other people's money who want me to invest their money for them through my trading platform on my computer and charge them a commission without having a broker's license?

It depends where you are. In the USA or UK, no.

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What is the Best Automated Forex Trading System Out There?

March 31, 2009  |  Author: admin  |  Category: forex trading system

Hi everyone!

I am relatively 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. There are so many though! Can anyone suggest like a good one, based on personal experience?

Thank you!

anav, A good forex system means you need to constantly have high probability trades. You also need to be aware of all the currency pairs in real time. Maybe this blog can help. http://www.whatisforextrading.com/blog/ Remember, no trading will be full proof, so be cautious about the claims some trading systems make.

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How many of you traded forex? and what is the winning ratio?

March 31, 2009  |  Author: admin  |  Category: forex course

Hi I have been trading Forex (Foreign Exchange) for more than one year on demo account and real account as well. Some time it seems like I always win some but most of the time I lose. I dont have lot of knowledge about the forex but I have made US$180 in just one minutes of trading. Good for one minute right but I dont get anything to withdraw. My account balance goes to ZERO each time and again I have to start from the begining. I have decided to learn about forex taking some more forex courses so that probablity of winning will be high i think. I need special advice about my question. Thanks

Most Forex courses are lousy, but there are a few ones that can help a trader.
http://www.forextopten.com/forex-trading-course.html has a list of Forex trading courses reviewed. I hope it can be useful for you.

Even if you have a good strategy or course, you need to practice your trading with a demo account. Until you can make money consistently on a demo account you shouldn't trade on a real account.

Best of luck on your trading

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may i know any website showing the historical forex candlestick chart analyse?do my question clear?

March 31, 2009  |  Author: admin  |  Category: forex charting


www.oanda.com has a "practice" area where you can actually trade currencies without risking money. You can make candlestick charts as well.

www.stockcharts.com has an excellent page which teaches all about candlestick charting.

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Making Money Fast – in a Simple Business Anyone Can Master

March 30, 2009  |  Author: admin  |  Category: forex charting

Most people who want to make money fast simply dream about it and never get around to it, as they don’t have a vehicle or a plan or not enough money. Here we want to look at a simple way to make money fast which only requires a small amount of seed capital.

First things first:

If you the type of person who thinks someone else can give them success and don’t have a burning desire to be successful, or to spend time learning – then stop reading now, this business is not for you!

If you do have desire and are prepared to learn a specific method and take charge of your financial destiny, then this is the business for you and you can start it with just a few hundred dollars.

The business for making money fast we want to discuss is – trading currencies online.

Before you say that sounds hard consider this:

Legendary trader Richard Dennis set out to prove that anyone could learn to trade.

He took a group of people who had never traded before of all ages, both sexes and various levels of educational achievement and in 14 days taught them to trade.

The outcome?

They made him $100 million dollars and went on to become some of the most famous traders of all time.

The fact is currency trading is a learned skill and anyone can learn it if they want to.

Is it really that simple?

Yes and no – the catch is:

You must learn correctly and that means not just learning a method (that’s easy) but learning a disciplined mindset (this is harder), as you must learn to cut losses and run profits. It’s not easy, and you wouldn’t expect it to be, with the rewards on offer but it’s certainly within everyone to do it – if they have the right attitude to success.

The key to big profits

Is leverage and today, a currency broker will give you 100:1 leverage as standard when you open an account. For example, put down $500.00 and you will be allowed to trade $50,000.

This is why discipline is so critical – leverage is a double edged sword.

The key is to cut your losses and run your profits.

By cutting losses quickly (you stay in the game) and running profits leveraged means you can build big profits and make money fast.

You only need a computer and an internet connection to do this business and you can trade in under an hour a day, so the rewards for your effort are huge.

The best way to do this business is to simply use forex charts and use them to spot chart formations that repeat over time and can give you advance warning of trends developing and changing.

Trends reoccur, as human nature is constant and these trends reflect human nature.

It sounds simple – but you will need to spend sometime practicing as charting is an art more than a science but you will soon be able to do it, if you apply yourself.

So this is an opportunity anyone can learn and anyone can seek big profits in.

The question is:

Are you up for a challenge and are you prepared to learn?

If you are welcome to the best way to make money fast the exciting and lucrative world of global forex trading.

Kelly Price
http://www.articlesbase.com/wealth-building-articles/making-money-fast-in-a-simple-business-anyone-can-master-262067.html

Forex Trading System – 92% WIN Forecasts

March 29, 2009  |  Author: admin  |  Category: forex trading system

Forex Trading System - 92% WIN Forecasts

Trade The Forex Market With A Profitable Signal Forecast System XProfuter indicator for MetaTrader4 Station. Is not a subject to doubt, that the future to predict it is impossible, especially in the market. However, attempt of a combination of h

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Profits Run – Stock, Forex, Futures, Options Trading Methods & Systems – : Trading in the Zone

March 29, 2009  |  Author: admin  |  Category: forex trading systems

Trading in the Zone

Maximizing the trader-s state of mind is the key to successful results. Conflicts, contradictions and paradoxes in thinking can spell disaster for even a highly motivated, astute and well grounded trader. Mark Douglas, a trader, personal trading coach, and industry consultant since 1982, sends the

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