Month: March 2018

Forex Trendy is a Forex scanner with automated chart analysis for 34 currency pairs. This application scans currency pairs – going beyond only the most frequent ones – on all time frames, from minute to monthly, for top level trends and therefore enhance your profitability. Once the marketplace is erratic, along with the trend direction unclear, it is tough to trade – Forex Currency Pairs may help you tremendously in this regard. Most Forex systems and robots earn money with the popularity – but generate losses in the erratic market. Less than with Forex Trendy!

The application form sounds an alarm when it recognizes the commonest patterns, letting you know it is time for you to trade. This simplifies case study and makes it possible to minimize loses when trading. It’s not necessary to wait throughout the uncertain market anymore! Let the powerful computers behind Forex Trendy perform the meet your needs! By doing this, you will not ever miss probably the most clean pair as well as the time frame which has a clear trend: with Forex Trendy, you can just continue with the best trend, making profits. All you want do is start your copy of Forex Trendy and pick the very best trending pair anytime!
Forex Trendy would work for the beginners as well as the advanced traders. This is a simple tool that even novices will find simple to use (after taking some time to become accustomed to it), nonetheless it includes the greater advanced metrics at the same time – something that the pros will appreciate. Forex Trendy surpasses Euros and Dollars, and includes the certain exotic currency pairs, upping your chances at profitability.
Forex Trendy works independently from the trading platform; it really is well suited for all Currency trading platforms, including binary options. Forex Trendy is an online application, no application running on your hard drive. Nothing is to download or install on your pc. For any small bill every month, you will get usage of Forex Trendy members area which you could utilize smart tool. Inside the members area, you may be granted entry to live charts, price action setups and strategic guidance. The support is very useful. There exists a good reason why’s Forex Trendy one of the most popular signals services in the Forex industry. The ability to access Forex Trendy might make the main difference between losing or perhaps breaking even, and winning!

People wanting to make money from the foreign exchange without much success trading by themselves look at these two possible choices to generate money from the currency trading markets, either alternatives are viable but there are things you should know before making any selection.

The websites where they offer the expert advisors have very persuasive sales pitch claiming the expert advisor will generate you 200% of your trading money in 3 months, double your account in 1 month and make you imagine you will be rich by the end of the year just by spending 149$.

Just think for a moment, if that was true everyone will be rich by now, no? All banks will be purchasing this expert advisors and making trillions with it, there would be no world crisis, no need for government to bailout corporations thank to this businesses selling the expert advisors for just 149$.

Do forex trade signals deliver the results? They might deliver the results but only for a small length of time. Markets tend to change the way they move so the principles programmed to the robots might make it perform until eventually the market change. This expert advisors usually tend to make a lot of trades in a day having a high risk compared to its return, they make 20 trades concluding with 18 winners of 15 pips each individual trade but two losers with a lost of 80 pips on each trade, so as long as the market doesnt change it will work but once it does change, you will lose what you produced in 3 months in just 10 days, the robots will be generating trades and risking 80 pips on each trade, it could quite possibly lose in one trade what it took 5 trades to produce.

On the other hand we have forex trading signals, forex trading signals that are made by an experienced trader that understands how the market operates, a trader that will take care of your risk all the time, a service where you can ask why did he closed a trade at a specific price and you will get a reply.

A forex signal service wont be as attractive as a trading robot but your trading account will demonstrate you that you made the right choice.

The Forex trade market has a distinct special feature that allows you to earn enormous profits fast- leverage. However, you have to use Forex leverage wisely as it can also bring you big loses fast, and even wipe out your investment completely.

Here’s how Forex leverage works. You will have the power to trade your one (1) dollar capital to a position worth one hundred (100) dollars and generate profit from the one hundred (100) dollars, working on a ratio of 1:100. The leverage rates in Forex can go very high depending on the offer of the brokers. Do you now see the potential of earning huge profits just by leveraging?

But there’s a downside to this feature. The risk of incurring big loses is equal as that of earning your huge profits. What this means is that with the ability of Forex leverage to transform the trade one (1) hundred times bigger, you are also capable to lose your capital by as much. Again, based on a ratio of 1:100, if the trade goes against your favor, you can lose your entire capital even on a single trading with leverage.

It is crucial therefore to know how and when to use Forex leverage to your advantage. Leveraging is used by Forex brokers often to attract people to trade big so the brokers themselves can earn big, as they earn interest from the amount that they lend you as leverage.

Forex leverage is an easy tool to earn big profits from the trade as long as you learn how to use it judiciously. You should be able to balance the upside and downside of leveraging to earn optimum results with minimal risks.

Timothy Stevens is a Forex Options Trader who owns – He has helped hundreds of people on Trading Forex with Options.

He has recently developed a free e-course showing you a step by step process for starting your Forex Trading easier. To learn how to start Forex Trading with Options without wasting your time and losing more money, visit

A common approach to forex trading is to play with small stakes and target large price moves in the region of 50-200 pips. Indeed I trade this way myself using my main 4 hour trading system. However an alternative approach is to increase your stakes and look for much smaller price moves. That way you only need to find one decent trade per day if it generates around 10 pips, for instance.

It’s not that easy to do, but you can achieve this target if you employ a sound trading strategy. The best approach is to concentrate only on the major currency pairs (such as the GBP/USD, EUR/USD, USD/JPY, EUR/GBP and GBP/JPY, etc) and look for pairs that are trending strongly upwards or downwards during a given trading session.

You simply look at say the 1 hour chart of all of the major pairs and see which ones are moving strongly upwards or downwards. Then once you’ve done that you can use the shorter time frames to get a good entry point.

The best strategy is to find out which currency pairs are moving upwards on both the 1 hour and 15 minute charts, and then hone in on the 5 minute chart. You want to wait for the price to start moving sideways or downwards on this shorter time frame before turning upwards again, because this is an excellent sign that the established trend is set to continue, and therefore likely to net you at least 10 points or so if this is your target.

Many intraday traders use this type of strategy and for good reason. If you know there is a strong trend in place, then the short-term chart will present you with some decent trading opportunities, particularly near the beginning of a particular trend.

Therefore it’s fairly easy to generate a safe 10 pips every day, particularly if you use a few technical indicators to help you. For example you could use moving average crossovers, or you could wait for the RSI and/or stochastics to become oversold and then go long if there is a long term upward trend in place.

There are lots of methods you can use but the point is that if you always trade in the direction of the overall trend, then it is fairly easy to generate consistent profits. You should find that you can easily find one outstanding trading opportunity every single day across the various different currency pairs. After all you only need to generate around 10 pips per day to make a decent living from forex trading.

Bruce Kovner was a NYC Taxi Cab Driver who didn’t have money to trade forex. So in 1977, he borrowed $3,000 on his credit card and started his journey trading forex and futures. He eventually made $11 Billion.

Many people don’t know his name. But he is a legend of forex trading who started with no money and ended up making a true fortune. This is a lesson to all those who procastinate and think that trading forex requires a lot of money. What this story shows is that anyone with determination can start trading forex with no money and end up making a fortune. Now, don’t take me wrong! This does not mean that you and me can repeat the success story of Bruce Kovner. What it means is that if we want we can also make a mini fortune something like a few million dollars in the next few years trading forex.

Forex is a huge market. Everyday something like $3 trillion get transacted in the global forex market. You too can take part in this global forex trading game and if you are really good at it claim your share.

How do you play a game? With determination and will power to win the game. This is exactly how you should also play the forex trading game.

Now, as shown by Bruce Kovner, you don’t need a lot of capital to play this game of currency trading. You can start with only a few hundred dollars and over time compound that small amount into a huge fortune.

However, what you need is the right methods and the right forex trading strategies. This requires determination, effort and learning on your part. But one thing is clear money is not important in starting forex trading.

What is more important is your mind, your discipline and your determination in winning the forex trading game. Trading is all about discipline and right strategies.

Let me give you another example of Richard Dennis. Richard Dennis is another trading legend famous for his Turtle Traders. Whatever, once upon a time, he was a small time trader. He started trading commodities with only $300. Guess, how much he made eventually in the next few years? He made $200 million plus. What these stories illustrate that all great traders had started small but they had the determination to succeed big. You too can follow in their footsteps. You don’t need money to trade forex, you only need determination and the right skills! Good Luck!