Monday, September 28, 2009

Automated Forex Expert Advisor

Automated Forex Expert Advisor
http://www.1st-forex.com

1st-forex.com committed to providing the best quality tools for forex traders. As we build up our product range to cover all needs, we have the tools for you to auto-trade your account. Through our proven product range, no matter how much time you have to invest in forex, we have the product for you.

Wednesday, September 16, 2009

Is InstaForex a scam?

Is InstaForex a scam?
Author: admin | Files under Making money online

Forex Scam graphicsForex is a very difficult way to earn money online. It is a job that can give you a lot of money. And talking about Forex i can say that real and big money are used. So there are so many wiseacres that do everything to get money in an unacceptable way.

If you play with Forex you should be very careful. There are new and old websites that offers various ways to trade. I want to say that stay away from websites that do scam. It is good we have FPA (Forex Army) so you can be sure that you will get all information related to scammers. They confirmed a scam case against InstaForex. Yes I want to say that InstaForex is scam and you should not trust them. Better do not open accounts with this company. And if you have an account withdraw all of your funds immediately.

I like what Forex trader said about InstaForex:

DO NOT DO BUSINESS WITH INSTAFOREX OR YOU WILL GET BURNED.

I have read many responses related to InstaForex and every response was that this company is a scam/spam broker. So it is better to Google and spend some time before opening an account with any new company.

8 Reasons Why Forex Trading is So Popular

8 Reasons Why Forex Trading is So Popular
Posted by admin in Featured Articles, The Markets on 07 6th, 2009 | no responses

forex19Foreign currency exchange is the largest financial market on the planet. An estimated $1.5 TRILLION dollars is spent daily through Forex trading. While banks and financial institutions do most of the trading, ordinary people like you and me can also. The internet is the best place to look for information on how to get started. Furthermore, all the tools and resources involved such as Forex broker reviews can be found online.

Here are just some of many the reasons why Forex trading is so popular:

* It’s a 24 hour market that’s open all hours of the day and night, in every time zone.
* There are many currencies all around the world, and traders can have access to them all.
* Even small, 0.25% margins can be traded with currency lots.
* Trends in the market can be predicted, which makes it easier on investors to make the right trades.
* An account can be opened for as little as $200, therefore wealth isn’t a requirement for being a successful Forex trader.
* Profits can be made both in the long term and short term.
* Forex signal generators, automated robots and Forex broker reviews can be used as helpful tools.
* Trading can be done completely online from the comfort of one’s own home.

Premium FOREX Trading Tools

FAPTurbo Evolution has just been released to the public for the very first time and is creating a super buzz around Forex communities worldwide. This brand new Forex automated trading tool is the second generation of the original FAPTurbo software... Read more

Premium FOREX Trading Tools

Discover the way thousands of Forex traders are making huge returns month after month by using a variety of Forex trading tools. Forex Researcher features these exact same trading tools that have already made many Forex traders wealthy beyond their imagination.

Now it's your turn to put your profits into high gear by getting the latest profit pulling automated Forex trading tools available exclusively through Forex Researcher. FOREX TRADING TOOLS

Forex Software

Superior FOREX Trading Tools
Superior trading tools means better results, nobody would be caught dead using an outdated trading tool. Stay up to date on the most effective FOREX trading tools at Forex Researcher. We role out the most up-to-date Forex trading tools available to help you stay on top.

Every FOREX trading tool offered on Forex Researcher comes with a full 60 day, no questions asked money back guarantee. If you are not completely satisfied with the performance of any software or informational product discovered here, just let us know and we will be happy to contact the vendor to issue you your money back.

* FAP Turbo Evolution Launch Smashes Records
* Investors Turning To Forex Trading To Recover Losses of the Stock Market
* Forex Researcher Features Top Forex Trading Tools

Trade Forex Online
TRADING TOOLS AND RESOURCES THAT WORK

Forex Trading ToolsThe foreign exchange market is where real money is being made everyday by regular people from all over the globe. Those who trade FOREX already know how profitable it is, but are always looking for an edge to make even more money. Forex Researcher is here to provide you with access to the latest Forex tools to help increase your earnings even higher.
TOP FOREX TRADING TOOLS
Forex Monster Review

Forex Monster offers traders a dual tested system that brings in up to 600% profit on autopilot. This...
10 Minute Forex Wealth Builder Review

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FAP Winner Review

FAP Winner provides a full and comprehensive collection of Forex trading tools and easy access to information...
Forex Ambush Review

Forex Ambush provides accurate artificial intelligence Forex trading signals which produce high returns...
FAP Turbo Review

FAP Turbo Forex Trading Tool is one of the most popular Forex Tools on the market right now. Many traders...
Forex Killer Review

Forex Killer is directed at people who want to make their own money from home using Forex. Published...
Forex Candlesticks Review

Forex Candlesticks is for traders who want to crank up their trading profits with minimal effort. Even...
Supra Forex Review

Supra Forex software provides accurate buy and sell indicators and is a “must have” for anyone...
Forex Autopilot Review

Forex Autopilot by Marcus Leary is an automated Forex trading system that brings in huge profits for...
Forexoma Review

Forexoma takes Forex training to the next level by offering everything required to trade Forex successfully....
Forex Megadroid Review

Forex Megadroid brings the experience of Forex experts to your fingertips through a proven system that...

TRADING FOREX FUTURES

TRADING FOREX FUTURES
The profits of forex over currency futures trading are significant. The difference between the two instruments range from truth-seeking realities such as the history of each, their objective viewers, and their importance in the modern forex markets, to more concrete issues such as transactions fees, margin necessities, access to liquidity, easiness of use and the technical and educational support obtainable by sources of each service. These dissimilarities sketched below:




FOREX FUTURES

More Volume = Improved Liquidity. Daily money futures volume on the CME is now above 2% of the volume seen each day in the forex markets. Incomparable liquidity is one of many advantages that forex markets clutch more currency futures.

The truth told this is old news. Any currency professional can tell you that cash has been king since daybreak of the modern currency markets in the early 1970's. The actual news is that individual dealers from every forex risk profile now have full right to use to the opportunities offered in the forex markets.

Forex markets give tighter bid to offer increases than currency futures markets. By reversing the futures cost to evaluate it to cash, you can willingly see that in the USD/CHF example over, inverting the futures selling price of .5894 - .5897 results in a currency price of 1.6958 - 1.6966, 8 pips vs. the 5-pip increase available in the forex currency markets. FOREX BOOKS and PRODUCTS

Forex markets offer higher advantage and lower margin charge than those found in currency futures trading. When trading currency futures, buyers have one margin charge for "day" buy and sells and another for "overnight" situations. These forex margin rates can differ depending on business size. When trading cash markets, you have admission to the same margin rates day and night. Certainly, trading on margin enlarges equally your fx profits AND your losses.

Forex markets make use of easily understood and across the world used terms and cost quotes. Currency futures quotes are inversions of the cash value. For instance, if the cash price for USD/CHF is 1.7100/1.7105, the future corresponding is .5894/ .5897; a method followed only in the limits of futures trading.

Currency futures charges have the added difficulty of with an advance forex part that takes into account a time factor, interest rates and the interest disparities flanked by different currencies. The forex markets need no such changes, mathematical manipulation or thought for the interest rate factor of futures agreements.

Forex trades performed through FOREX.com are charge free*. Currency futures have the extra baggage of trading commissions, trade fees and defrayal fees.

Wednesday, September 2, 2009

Forex versus Stocks

Forex versus Stocks Advantages
Advantage Forex Stocks
24-hour Trading YES NO
Commission Free Trading YES NO
Instant Execution of Market Orders YES NO
Short-Selling without an Uptick YES NO

24-Hour Market

The Forex market is a seamless 24-hour market. Most brokers are open from Sunday at 2PM EST until Friday at 4 PM EST with customer service available 24/7. With the ability to trade during the U.S., Asian, and European market hours, you can customize your own trading schedule.

Commission Free Trading

Most Forex brokers charge no commission or additional transactions fees to trade currencies online or over the phone. Combined with the tight, consistent, and fully transparent spread, Forex trading costs are lower than those of any other market. The brokers are compensated for theirs services through the bid/ask prices.

Instantaneous Execution of Market Orders

Your trades are instantly executed under normal market conditions. You also have price certainty on every market order under normal market conditions. What you click is the price you get. You’re able to execute directly off real-time streaming prices (Yeeeaah!). There's no discrepancy between the displayed price shown on the platform and the execution price to enter your trade. Keep in mind that most brokers only guarantee stop, limit, and entry orders are only guaranteed under normal market conditions. Fills are instantaneous most of the time, but under extraordinarily volatile market conditions order execution may experience delays.

Short-Selling without an Uptick

Unlike the equity market, there is no restriction on short selling in the currency market. Trading opportunities exist in the currency market regardless of whether a trader is long or short, or which way the market is moving. Since currency trading always involves buying one currency and selling another, there is no structural bias to the market. So you always have equal access to trade in a rising or falling market.

forex versus stocks

Look at Mr. Forex. He's so confident and sexy. Mr. Stocks has no chance!

Daily Forex Calls: Unbiased Review

PRODUCT REPORT

The Daily Forex Calls provides daily forex charts service offered by respected trading expert Neal Hughes.
Neal advertises that it is your trading roadmap to improve and maximize your trading strategies.
The Daily Forex Calls offers charts you can trade with, and as high probability setups as is possible.
Neal will teach you a clear sense [...]

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Trade Robots

CFD Trading Guide: Unbiased Review

CFD Trading Guide

PRODUCT REPORT

The CFD Trading Guide is a good book to purchase if you want to survive and thrive trading CFDs.
It will teach you 3 simple rules that must be followed to improve your chances to survive in the world of Contracts for Difference trading.
Also, 5 proven steps to preparing yourself adequately for trading the [...]

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Trade Robots

The Forex Strategy Workbook: Unbiased Review

The Forex Strategy Workbook

PRODUCT REPORT

The Forex Strategy Workbook is advertised to make you profits 80% of the time, if following the indications.
This is a unique strategy that can be found nowhere else, and was developed by a qualified accountant with an MBA.
It can be understood easily even by the most inexperienced trader and can be applied [...]

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Trade Robots

Forex Trading Course: Unbiased Review

Forex Trading Course

PRODUCT REPORT

The Forex Trading Course is the course that will show you how to go from loser to winner, on the Forex market.
A minimal initial deposit of $1000 is required, but a higher amount might help you trage bigger lot share sizes.
The course has been designed to work in a large number of countries, by [...]

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Trade Robots

Forex Video Course: Unbiased Review

Forex Video Course

PRODUCT REPORT

The Forex Video Course is a proven methodology that makes you money while you learn the inside outs of forex trading.
The developers say that, if following their instructions, you will make money starting from day 1.
The Forex Video Course contains 35 topics that are presented in a very detailed, and easy to follow [...]

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Forex Money Signal: Unbiased Review

Forex Money Signal

PRODUCT REPORT

The Forex Money Signal is based on detailed research, close market watching and careful technical analysis.
It has a 75%-85% accuracy, bringing in over 1100 pips a month, performing numerous winning trades.
The developers of the Forex Money Signal say that it’s biggest advantage is that it works!
They also claim that no technical analysis, market trends [...]

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Professional Forex Training: Unbiased Review

Professional Forex Training

PRODUCT REPORT

The Professional Forex Training is complete course, offering all of the ultimate forex trading strategies.
The Professional Forex Training course will teach you a real forex trading method based on pure price patterns which is simple and effective.
The book is filled with trading advice and solid forex strategies like those used in banks and financial [...]

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Trade Robots

Magical Forex Trading: Unbiased Review

Magical Forex Trading

PRODUCT REPORT

The Magical Forex Trading is the perfect system for those who want to make money quickly, with little cash to invest.
No previous trading experience is required and you’ll learn how to enjoy consistent earning, by following the strategies from the book.
You will also learn the basic rules that every Forex trader should know, to [...]

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Forex Mt4 EA: Unbiased Review

Forex Mt4 EA

PRODUCT REPORT

The Forex Mt4 EA offers answers as to why people lose a lot of money in the Forex markets.
The EA (Expert Advisor) will trade the market for you by using numerous calculations to determine which is the best way to go.
The Expert Advisor is a Meta Trader 4 based software, that does all of [...]

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Forex EBook 2009: Unbiased Review

Forex EBook 2009

PRODUCT REPORT

The Forex EBook 2009 is a special ebook filled with practical techniques and tactics for achieving constant results while trading.
The author claims that with minimal investment, you will achieve maximum results in the coming years.
He also says that he has been using these strategies himself, for trading on the Forex markets, and he [...]

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Trade Robots

Making Money in FOREX


Whether you’re a stock broker, mortgage broker or loan officer, FOREX trading is an essential part of one’s portfolio. FOREX trading is an extremely lucrative, yet volatile and risky market. The facts state that 95% of FOREX traders lose money in there first year of trading. Why then must FOREX be considered a part of one’s portfolio? Simply because trading FOREX has the potential to make anyone who is willing to learn the FOREX market thousands of dollars per month.

It wasn’t until recently that average everyday people were able to trade in the FOREX market. Now it’s easy to obtain a mini account, fund it with $300 and off you go. However, if trading the FOREX market were this easy, then everybody would become millionaires and this just isn’t the case.

FOREX trading requires consistent analysis of the market. There are two ways that FOREX traders assess the market. The first is what is known as fundamentals. Fundamentals rely on news events such as, CPI, retail sales and home sales. FOREX traders will make a projection for upcoming data and place their trade based on their speculations of upcoming news events.

Another type of FOREX trader is what we call a technical trader. FOREX technical traders rely on chats and mathematical formulas to place their traders. The idea is that history repeats itself. Based on historical patterns FOREX traders can use this data to predict price movement in the future.

There is no proven method to trading. Some people claim to have found the Holy Grail to FOREX trading. However, through my experience it’s best to develop your own method of trading. Decide the best time to trade, develop good money management, and set goals. A lot of experienced FOREX traders trade the London and New York overlap between the hours of 9:30 am GMT and 2:00pm GMT. The reason for this being is that during this time the market moves a lot and becomes extremely volatile. Many FOREX traders are extremely good when it comes to managing their money.

The key to success in FOREX trading is to block out your emotions and anxiety. A true FOREX trader will discipline themselves to stick to their trading style regardless of what happens in the markets. Many people feel as though just after a few short months of trading successfully in a demo account they are ready for the real thing. Take your time and really learn how the FOREX market works.
Forex Trading
Learn Forex Trading

Bird Watching in Lion Country - forex ebook review

You will find many books on forex trading and reviews of forex books.

"Bird Watching in Lion Country" should be your starting point in forex.

The forex market is 'lion country'. Bird watching in lion country can be a very rewarding, but dangerous experience.

Bird Watching in Lion Country - Order Link

The Forex LionWritten by Dirk du Toit, this is an easy-to-read e-Book of some 236 pages; considering what you are likely to lose if you start forex trading without proper understanding or guidance, the outlay of $69.95 is tiny. People have spent (and wasted) years and often thousands of dollars on 'training programs and courses' and 'systems', each one promising to be the only way to make serious money on forex trading. But the reality is different. Yes, there are some very successful traders, but their successes were not immediate, and they comprise possibly 10% of all forex traders. Everyone else's money goes straight into the pockets of brokers and self-proclaimed currency market gurus and internet wizards, most of whom don't trade themselves.

Cleverly designed campaigns are likely to relieve you of a lot of money before you begin to realise the truth about foreign currency trading!

Not everyone involved in the forex business is a thief or crook, of course. But you should be suspicious of much of what you read on web sites or receive as email. There are gross exaggerations and 'half-truths' almost everywhere – marketing and advertising at its best! But there's really no short cut or 'quick fix' that can guarantee instant success with forex trading, including this (or any other) book or trading system. Read it and you'll begin to understand why. Read it again and absorb more. Follow the principles and you'll have a good chance of reaping your own rewards from forex trading.

If you've already trading or are just considering becoming a forex trader, do yourself a favour and get Bird Watching in Lion Country by Dirk du Toit. Read it more than once. Study the principles and follow Dirk's advice before you even think of going 'live'. You will have a better chance of recovering both the outlay and your trading losses. Given time and experience and adding (but not relying on!) a bit of luck, you will start to make a profit like the select few – possibly ten percent of all – forex traders. There's an old saying: Forewarned is forearmed. It definitely applies to forex trading.

Intro to Forex Currency Trading

Forex, which is short for Foreign Exchange, is another term for currency trading. The goal of forex is try to profit by trading the ever-changing currency exchange rates, such as the Euro versus the U.S. Dollar.

foreign_exchange_rate_vtExchange Rate Example
One of the most popular currency pairs is the EUR/USD, which tracks the Euro against the U.S. Dollar. If the EUR/USD is at 1.5000, that means one Euro will get you 1.5000 U.S. Dollars. One thing that’s interesting about these exchange rates is that they are relative to two countries. If the Euro gets “stronger”, the rate goes up to 1.5785, for example, because you can buy more Dollars. If the Dollar gets stronger, the rate will drop because the Euro will buy fewer Dollars. However, if both the Euro and the Dollar get stronger (or weaker) by the same amount, the rate won’t really change!

Similar to Stock Trading
Currency trading actually has many similarities to stock trading. Many people are familiar with how stock trading works: find a price quote for a company using its symbol, then buy that symbol at a low price and sell it later at a higher price hopefully. Forex is actually very similar: get a quote for a symbol like EUR/USD, buy it at a lower rate like 1.4000 and then sell it at a higher rate like 1.4050.

Meet the Pip
Since the exchange rates change by such a small percentage, a term called the pip is used to describe changes in rates or profits. For example, if the GBP/CHF (British Pound versus Swiss Franc) goes from 1.7000 to 1.7001, it has increased by 1 pip, and an increase to 1.7100 would be 100 pips because for this pair one pip is 0.0001. However, for a rate like 95.00 for the USD/JPY, the pip represents 0.01, so 95.01 would be a 1-pip gain while 96.00 would be a 100-pip gain. This just describes the rate differences. To calculate your dollar gains, you need to factor in the lot size (see below).

The Spread instead of a Commission
Forex brokers make their profits not by charging a commission on each trade but by creating a small difference between the Bid (Sell) and Ask (Buy) prices. This is called the Spread and it is measured in pips. A typical spread might be between 1 and 10 pips. So if you bought and then sold right away, you would actually lose money by the amount of the spread. For example, buying EUR/USD at 1.5000 (the Ask) and selling at 1.4995 (the Bid) would be a loss of 5 pips.

Lots of Lots
Stock trading involves buying shares but forex trading involves buying lots. Depending on the account type, the lot size will be something like 1K, 10K, or 100K. Assuming your account has a 10K (10,000) lot size and you buy 8 lots, that would be a total contract size of 80K. It is important to realize that you must place your trades in increments of the lot size.

Margin and Leverage
Since currency rates change by such small amounts at a time, most forex brokers offer a large amount of leverage, such as 200 to 1. That means you only use $1 of your actual cash for every $200 of a currency pair that you purchase. For example, if you buy 10K of EUR/USD at 200:1 leverage, that would only require $50 of cash because 10,000 divided by 200 is 50. The purpose of the leverage is to amplify your profits but keep in mind it can just as easily amplify your losses. Many, many traders have lost all of their trading money because of leverage, so be careful!

Practice Trading
Many forex websites offer free demo programs that allow you to practice trading with virtual money, often for a limited time. Practicing with these demo programs is highly, highly recommended until you become comfortable with the trading process and the dangers of leverage.