The forex broker is your key to the forex market. You need to have a broker who will support you and help you to make money. I will take you through the key requirements in finding an excellent forex broker.

The first and most important thing to look for is low spreads. The spread is the difference between the buying and selling price. Usually no commission is charged and the spread will be your cost. If you want to buy and sell immediately and the spread is two pips then this is the cost that you will incur. A reasonable spread is 2-3 pips on the major currency pairs.

Read The Full Story

It’s only reasonable that the majority of traders are looking for the best forex trading systems.  But you need to think about that word “system”.  I think traders would be better off getting an education in forex instead of a “system”.

The word system sounds very mechanical to me.  The term instantly makes me think of a chart that is piled with one indicator on top of another, and the trader could only buy and sell when all the indicators are lined up.   To give you an example, you could only sell when the MACD indicator shows bearish price divergence, moving averages cross each other downwardly, stochastics are overbought, etc…..

Read The Full Story

I see lots of cheap automated Forex software online and it’s obvious they all don’t make money, so I decided to find one which had a real verified performance and my results are enclosed.

When looking at automated Forex trading software, most simply present a simulated track record going backwards but of course if we all knew the price in advance, making profits would be easy. But we don’t and these systems are claiming gains, when they have made no money themselves. I then found a few that present real performance but the catch is – it comes from the vendor selling the system and don’t know about you, I see a conflict of interest here!

Read The Full Story

Here we will give you a simple Forex trading strategy which you can learn in around a week and then seek triple digit profits with, in around 30 minutes a day. Lets take a look at it.

This strategy is based on two simple facts which are obvious, if you look at any chart of any Forex pair.

Read The Full Story

If you want to become a Forex trader from home you can, but be aware that the vast majority of traders lose. They don’t lose because they can’t win – anyone can – but they get the wrong education. Here we will look at how to learn Forex trading the right way.

The first point to keep in mind is only 5% of traders win yet, there are numerous new traders who think they can win with no effort by buying a cheap piece of get rich quick software and making no effort but they don’t work. If they did, 95% of traders wouldn’t lose their money. If you want to win you need to spend some time, make some effort and learn skills but the good news is that for the amount of time you have to spend learning the potential for gains is enormous.

Read The Full Story