Online Currency Trading Software Analysis

By Reginald Shiver

Are there any profitable and authentic online Forex trading software and where can you download them? Having tested several currency trading methods and software, I have started to realize that most of them are not profitable over the long term although their systems' reasons makes perfect sense. They are usually concealed as some powerful method and software by able marketers who appear to create high proceeds by selling them to naive dealers.

However, there are a few authentic Forex courses and software that are really valuable and work to make wealth in the long term. Their proprietors generally provide helpful lifetime maintenance to update their customers about the hottest market trends.

1. How to Make Bucks with a Piece of Authentic Online Forex Trading Software?

Some of the best currency devices include software that can help its users study market styles and even generates deals and makes income mechanically for its users. The whole package that I use provides me with an essential education on forex trading and what I should do to get in progress earning money from currencies trading. It should give you a clearer knowledge of Forex trading and even pioneer you to a complete host of tools and software that can make your trading techniques simpler.

2. What Are the Most Common disadvantages of Online Forex Trading Software?

Nearly all programs and systems will want their users to learn and analyze difficult mechanical charts and terms unnecessarily. These sophisticated analysis processes can generally be eliminated with the correct trading systems and software courses. These are the exact type of tools that generate huge monetary institutions large income daily, and traders worldwide are continually searching for the most beneficial Forex software. I currently use a software program also known as an Expert Advisor that earns me income constantly each single month. - 23196

About the Author:

Now listen carefully, if you're ready to make a lot of money in Forex, earning more pips than you ever imagined completely on autopilot, then you must read Chris Rowe's Internal Strength System.

Global Macro and Commodity Trading

By Dagny Taggart

The typical image of the floor of the Mercantile Exchange being filled with a bunch of guys that couldn't get jobs anywhere else is very outdated and wrong. Instead commodity traders are increasingly becoming some of the most sophisticated investors on earth.

One of the main types of upstairs traders in the commodity markets are the CTA or commodity trading advisors. They typically do a lot of long term trend following. The second major commodity trader is the global macro trader.

Global macro traders are the next major group of players in the commodity markets. Some are heavily involved and some barely trade them but all macro traders track the commodity markets to give them a better look into the worlds macro economic situation.

For instance if oil is rising like we saw in 2008 then you have to look to see what businesses are going to get hurt and what will benefit from higher oil prices. Obviously oil companies will make more money but what about shorting airlines? Or maybe even going long railroad companies. As you can tell there are endless ideas of who is affected and who is not.

Another heavily monitored sector is that of precious metals. Gold and silver are great historic gauges of inflation and these days also act as alternative currencies since the Fiat currencies are all in shambles. If you aren't following gold then good luck trading bonds and the US Dollar. Yes, this stuff is that important.

Industrial metals are also a big deal as almost everything you buy or use has some type of metal in it. Copper for electrical wires, lead for batteries, aluminum for cans, etc. The list is virtually endless and between the MERC, the NYMEX, and the LME you can trade basically all of it. If you aren't tracking industrial metals then you are not pricing out the number one cost for most manufacturing and industrial companies.

While many investors gloss over the agricultural commodities they shouldn't. In the future agricultural commodities will only be increasing in importance as the worlds water supplies continue to diminish. If you are already monitoring demographic trends and overall supply demand you should also be following agricultural commodities.

As you can see commodities can be a very useful and profitable asset class. With several sub sectors as well as the fact that most commodities are so universal that they only trade in one currency and it should be obvious that you need to track if not trade commodities. - 23196

About the Author:

If you need actionable trading ideas then check out The Macro Trader It is a weekly global macro trading advisory publication with frequent intra-week updates for time-critical analysis and actionable trading ideas.

Trading Strategy - Ascending Triangles Downside Breakout

By Jeff Cartridge

Ascending triangles have been very popular with traders on the long side and are not so often traded when it breaks in the downward direction. An ascending triangle is defined by two lines, one on the upper boundary of the price movement which is horizontal and one on the lower side which slopes up.

Ascending Triangles Can Be Traded Short

The ascending triangle is not often traded as a short pattern, but when it does break down, historically 36% of the time, it can be profitable. An ascending triangle breakout to the downside is not as reliable as a breakout to the upside with only 44% of the trades profitable. The average profits are also less at 0.31% in 9 days.

Specific Setups to Improve Profitability

When you look at the performance of an ascending triangle in bearish market conditions you will see the results were stronger than they were in more bullish years. Despite this the pattern works the best at turning points, which occur when the stock and the market are in an up trend or consolidating. The sector should be falling or consolidating to make the best profits.

Ascending triangles that breakout early in the pattern, produce inferior results to those that breakout later. It is acceptable for the stock to move all the way to the point of the pattern before breaking out. The best results are achieved when the stock climbs up from the lower boundary and collapses back before reaching the upper boundary of the pattern.

If the volume supports the breakout the results are better. Supportive volume means the volume on the way down is higher than the volume on the way up.

Short Trading Ascending Triangles Can Be Profitable

You can improve your trading results by using a series of simple filters that have been outlined here. This select group of ascending triangles delivers an average profit of 1.07% in 10 days and is profitable on 52% of the trades. Overall this makes ascending triangles mildly attractive to trade on the short side.

Note: Statistics for this article have been provided by Patterns Trader after analyzing over 60,000 chart patterns on the Australian market from 2000 - 2008. - 23196

About the Author:

Jeff Cartridge has been trading CFDs since 2002 and created the website LearnCFDs.com My Results with This Controversial Pattern Strategy

Forex Trading, What The Hype Is All About

By Jo Nash

Forex trading is all about making big money. Some investors have found it quite easy to make a large amount of money as the forex market changes daily. Forex, is the foreign exchange market. Online and offline you will find references to the forex market as FX as well. Forex trading takes place through a broker or a financial institution often where you are able to purchase other types of stocks, bonds and investments.

When you are thinking about getting involved in the forex markets you should know you are sending money to be invested with other countries. This is done to prop up the investments of people involved in certain types of hedge funds, and in the markets overseas. The forex market could have your money invested in one market one day, and the next day your money is invested in another country. The daily changes are determined by your broker or financial institution. When reading your statements and learning more about your account, you will find that every type of currency has three letters that will represent that currency.

For example, the United States dollars is USD, the Japanese yen is JPY, and the British pound sterling will read as GBP. You will also find that for every transaction on your account listing you will see information that looks like this: JPYzzz/GBPzzz. This means that you took your Japanese yen money and invested it into something in the British pound market. You will find many transactions from one currency to another if you have money that is scattered through out the forex markets.

Forex markets trading by investment management firms are the companies you can trust with your money. You want to find a company that has been dealing with forex trading since the early seventies, and not someone just new on the block so you get the most for your hard earned money. It is important that you beware of companies that are popping up online, and often times from foreign countries that are stating they can get you involved in the forex markets and trading. Read the fine print, and know whom you are dealing with for the best possible protection.

If you are interested in trading on the forex market, you will find limits for investing are different from company to company. Often times you will learn that you need a minimum of $250 or $500 while other companies will need $1000 or $10,000. The company you are dealing with will set limits in how much you need to open an account with their company. The scams that are online will tell you, that you only need a $1 or $5 to open an account, but you need to learn more about that company and where they are doing business before investing any money, this is for your own protection while dealing in forex trading and markets online. - 23196

About the Author:

See how to make your forex trading easier and profitable with Forex trading software and Accurate Forex Signals

Investing In Stocks - Three Market Trends You May Not Be Aware Of

By Mike Swanson

It's a no brainer that there is money to be made investing in stocks. But then it is just as likely you can lose money. The key is to pick stocks that will perform as you want. There are three terms that you may not have heard of and why they are important to you.

DEAD CAT BOUNCE: This is the temporary recovery of a stock price during a general downward trend. Often it is caused by rumor or market talk ups. People believe the stock has reached its lowest price and begin buying. The dead cat bounce effect means the price will drop again and they are likely to lose money.

Why this is important for stock trading: No one can really predict when a market or stock recovery will happen. It can however provide an opportunity for investors to buy or sell quickly to take advantage of the temporary price increase.

A BELLWETHER STOCK: This is a stock (or security) that usually signals the direction the market will take.

Why is this important? These sorts of stocks usually have a history of correctly indicating which way the market is going to go. They on themselves may not be attractive in terms of gains to be made, but will be useful to watch to get a general feel for the market sentiment.

THE JANUARY EFFECT: This is the effect that sees the beginning of a new year heralding higher stock prices in January. It has been attributed to tax factors and to investor sentiment. People often unconsciously expect prices to rise in a new year.

Why is this important? The effect has historically happened and continues to do so. What has changed is that it has become harder to capitalize on this effect. The most important fact may be just being aware of it. If you are aware and watching you may give yourself the chance to take advantage of an opportunity that comes up. - 23196

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