FX Trading Software » fundamental analysis

Forex trading strategy | forex trading | forex trading online

admin — Fri, 03 Sep 2010 17:18:57 +0000

www.TheOnlyBest.com How to Use Forex Trading Strategies Forex signal enable investors to trade the foreign-exchange market without having to spend huge amounts of time analyzing positions and data. Forex signals give you information on prime trades and various key information. The decision…

How do you trade and what do you trade?

admin — Fri, 30 Apr 2010 19:13:51 +0000

OK, please say at least your prefered method…:

For example:

1. Do you use some technical analysis models, such as moving average…etc?
2. Fundamental analysis such as reading the news 24/7?
3. Software like neural networks?
4. Mathematical models such as Heston, CAPM etc…

Also, what do you trade and why? For example: forex, stocks, cfd, indexes?

Thanks alot!

Forex News Trading – NFP 04/02 – Perfect example of Trading Forex News (Fundamental Analysis)

admin — Fri, 16 Apr 2010 14:53:44 +0000

Live Forex trading video recorded during NFP Friday (Nonfarm Payroll Employment Changes) on April 2, 2010 capturing the first blowout positive release from BLS in years, sending a strong message that the recession in the US is over. Watch how we look at this release in real time, wait for the market to give us a perfect entry, and then jump in and pickup 20 ~ 30 pips with almost no risk… This is the perfect example on how to Trade The News!

Forex News

metatrader 4 Tutorial – Chart Analysis

admin — Sat, 03 Apr 2010 22:07:58 +0000

An in depth tutorial detailing how to analyze charts in metatrader 4. For more information go to www.traderschoicefx.com Throughout this tutorial video you will learn how to analyze the different types of charts in Metatrader. Metatrader is a widely used platform that is favored by beginning forex traders, and seasoned veterans alike. traderschoicefx works with several different Metatrader forex brokers. You can substantially improve your forex trading through the traderschoicefx massive cash bonus program. You can benefit from a cash bonus on every trade that you place. Since traderschoicefx is compensated by the forex broker, this program is absolutely free to you. To get paid to trade forex simply click this link: www.traderschoicefx.com You can also check out a free Metatrader demo account to practice your charting techniques. To get this free demo account click the link below: www.traderschoicefx.com/demo

Forex News

Forex Trading Strategies – How To Use Different Strategies to Earn Profits

admin — Thu, 07 Jan 2010 04:58:12 +0000

If you have tested or do real trading for some times, you must realize that there are many forex trading strategies that can be applied. Each of it has its own advantages and disadvantages, ask for different data and condition, and will show its true potential in particular currency pair.

Basically, forex trading strategies can be divided into two major:

1. Technical analysis
This strategy is utilizing data as its main information source, especially charts to predict the future market movement. There are various methods to read this data such as candlestick charting or Elliot wave, but basically they search for patterns in the chart for a given time and looking for relationships between various indicators such as price and volume. You need the right tool for this, learn about it at technical analysis software.

This strategy is preferred by most traders and they use it in daily basis to decide the best transaction available currently. Usually, each trader has their own way to interpret the data by using various variables and designed specifically for a particular market he is in. These difference in methods make them have different winning rates even though they can access the same data; the trader with a better method will get more profits.

2. Fundamental analysis
This strategy is executed by analyzing various economy factors like interest rate, production, payroll, management, and overall state of economy to make entry and exit decisions. For example: some news such as Non Farm Payroll or Wholesale Inventories can affect the market greatly. If you can predict where it will be headed before the news released, you can gain a lot of profit.

On some occasions, there are important meeting holds by certain persons who have high influence in the state of economy. For example, a meeting about deciding a new interest rate or inflation will have great impact in the currency values. Usually it will be already too late to enter the market when the result has been announced, so you have to use the current data to analyze and guess the result before.

Not only short term trading, fundamental analysis can also be used as a long term forex trading strategies. This is rather complex, but basically you predict the future trends of the market based on how the new policy will affect the market in long run.

There are various ways to implement both strategies, for instance: Scalping.

Scalping
Scalping is about making small amount of profits from time to time where it will reach significant amount when combined. A scalper will need to devote his time to keep watch of his open position, but it is easier now with the use of automated trading software. For example: When a trader who using scalping strategy sees a sharp movement in the market, he will use the opportunity to make profits even if it just 10 pips.

Not all traders can do scalping since it demands patience, quick decisions, and no emotion involved. A scalper will follow his proven strategy even if he sees opportunity to gain more; he will close the position, get small profit and move to the other potential transaction. For decisions base, a Scalper usually using technical analysis method, but sometimes fundamental method can be applied too. Scalping can be very tiring and hard for a human trader, but not for a robot; read about the best scalping robot at FAP Turbo Review.

If you are still unfamiliar with forex and looking for a suitable forex trading strategies then I suggest learning technical analysis first, it is the basic of almost all strategies. Another alternative: just go with a proven system, check it at best trading system.