Learn Forex Trading

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! So the cheap, Forex ...

written by Trading Teacher

Should you trade based upon fundamentals or technicals? This is the $64 million question that traders have debated for decades and will probably continue to debate for decades to come.

Technical Analysis Vs. Fundamental Analysis
Technicals are based on forecasting the future using past price movements, also known as price action. Fundamentals, on the other hand, incorporate economic and political news to determine the future value of the currency pair.

The question of which is better is far more difficult to answer. We have often seen fundamental factors rapidly shift the technical outlook, or technical factors explain a price move that fundamentals cannot. So the answer to the question is to use both. Both methods are important and ...

written by Trading Teacher

There are lots of vendors online telling you they know Forex secrets for success and you get them for just a few hundred dollars but the fact is there is only one real secret of success and its been the same for hundreds of years, so let’s take a look at it in more detail. First lets look at a Forex fact which leads to a compelling conclusion and its based on the ratio of winners to losers. The ratio of losers 100 years ago was 95% and today, the ratio still remains the same - only 5% of traders make money! This fact is startling, because over the last 100 years, we have seen huge advances in forecasting methods ...

written by Trading Teacher

What are the best Forex trading techniques to use to enjoy Forex trading success? In this article we will look at some time tested techniques, you can easily apply for bigger Forex profits. All the best Forex trading systems are simple and yours needs to be simple too, if you make your trading system to complex, it will simply break in the brutal world of trading now, lets look at some techniques you can put into your Forex trading strategy to make it successful. The first Forex trading technique you need to become familiar with is basic technical analysis and learning how to read simple bar charts. You need to be able to spot areas of support or resistance that ...

written by Trading Teacher

As part of its overall weakness, the US dollar is having a difficult time piercing the 100 yen level. After topping the century mark in early April, and then again in early may, the greenback has steadily fallen back from the level. In mid-May, one dollar was worth 94 yen. After a modest bounce, in the last couple days, the value of a dollar is currently (Jun 19) at 96.57 yen. After starting the year at a low point of 88 yen, the dollar-yen ratio has traded mostly ...

written by Trading Teacher

Forex success, does not require a college education or working hard, it relies on you following the simple steps in this article. While anyone can learn to win, 95% of traders lose and this is due to getting the wrong education and having the mindset. If you want to win then this article will point you in the right direction. The first point to make is to forget all the vendors who sell Forex robots and Expert Advisor’s, promising you an income for life for a couple of hundred bucks - they don’t work and that why there so cheap. Anyone would want a lifelong income, for a couple of hundred dollars but it’s a fantasy not reality. If you want ...

written by Trading Teacher

There are a lot of things going on in the world of the Foreign Exchange market at any given time. Traders in this financial market know that in order to be successful, they have to get a grasp of all these things. This is the problem when it comes to forex for newbie as he or she can easily get lost with all the information and everything that’s going on. So before embarking on this journey of trading foreign currencies to try and make a profit, what should you know? What are the essentials? First and foremost, you need to learn about what the Foreign Exchange market is about, learn how it works and learn its history. All these things can ...

written by Trading Teacher

After a roughly two week stint flirting mostly above the $1.40 level, the Euro has fallen back to a current rate at $1.3834 (June 16). The Euro has steadily dropped from a peak over $1.43 on June 2nd. It has operated on a downward progression from the $1.40 level for the last three days. The Euro broke below an important medium-term support level near $1.3891 yesterday. A look at a 3-month trend chart suggests that without a quick return above this level, the Euro could be headed toward ...

written by Trading Teacher

If you are a newbie foreign exchange trader, then there are some things that you cannot simply let go of. One example is forex trading tips as these tips can make the big difference of distinction from a losing trader and an earning one. If you want to be an earning or successful forex trader, then here are some useful forex trading tips that you have to take into mind: Tip 1: Use demo accounts before trading for real.
There are the so-called demo accounts which allow you to practice foreign exchange trading online. This is highly advisable to those who have no or very little experience on forex trading. Making use of demo accounts at the start can prevent you ...

written by Trading Teacher

The Dollar’s downtrend continued yesterday as the USD dropped against all the major currencies. The Dollar’s most distinct bearish trend was marked against the GBP, as the pair was traded as high as the 1.6620 level. In accordance to what appears to be developing into a pattern, the USD dropped in spite of some positive figures published from the US economy yesterday. The weekly Unemployment Claims report, which measures the number of individuals who filed for unemployment insurance for the first time during the past week, dropped for the fourth time in a row, this ...

written by Trading Teacher