Forex Signals Armageddon

The trading system was created specially for H1 timeframe. The following pairs are used in trading & Forex signals: GBP/USD, EUR/USD,GBP/JPY, USD/CHF, EUR/GBP.
Minimum deposit a person needs to follow the system's Forex signals is $10000 (using mini Forex account). Max stop-loss is 300 pips, which means that risk per trade is no more than 3% of deposit. So, maximum risk on all open positions at the same time is no more than 10%. Max drawdown for full amount is 20%. In case of breaking that drawdown level the trading system' giving Forex signals will be stopped.
The trading system is based on defining different fractal models and using Neely wave analysis. It implies the following development of currency prices: impulse-correction-impulse. If an impulse forms on H1 timeframe and then begins a correction, and at the same time fractals shows a certain model (system developer's observation) and break the certain fractal when H1 closes - in that case the position is open and Forex signals are given.
Few moments later the stop-loss and take-profit are defined and set. Sometimes, when a position is open there might be new Forex signals for adding some lots to the open position. In that case another order is opened, but the stop-loss of already opened one is set in "profitable zone". The orders are usually closed by stop-loss or take-profit.
The positions can be hold from 1 up to 5 days. Forex signals are given once in 1-2 days on each of the currency pairs. The trading system doesn't imply fundamental analysis, but during the release of important news the trading is usually stopped. Open positions are closed or their stop-loss is changed in order to close position with profit. Pending orders can be also set, but in this case the level of stop-loss is somehow more than level of possible profit. So, the trading strategy can be called low-risky. The signals can be used by people, who want to get additional income on Forex market, but have no time for creating their own trading system.

Currency Trading - Best Approach to Learn It

With recent developments, anyone without proper training can gain profits from currency trading by utilizing automated trading systems such as trading signals or forex robots. But by deciding to learn currency trading, you are always one step ahead over others who know nothing about it.
For example, you can tweak the performance of your robot to trades in more aggressive manners with proper risk management. This is what happen to the FAP Turbo when many expert traders experimenting with its settings. Knowledge to interpret news is another benefit; some times breaking news can cause high movement in the market within short time and this can be a potential extra profit for you.
If you are new at this and just have decided to learn currency trading, don't take too complicated lessons and try to swallow it all; you'll get confused and might want to stop halfway. What you need to do is selecting a recommended and proven trading system, study it, and test it. Gaining profits from your own trades no matter how small it is will be a huge boost to learn even more.
Currently, currency trading is the largest market in the world with daily trades worth of 1.9 trillion US Dollars. The rules are different from stock trading; these currencies are moving against each other so you just have to know which one to play in order to make profits. These are what you need in your lessons in order to utilize those movements:
1. Charts is the basic of all analysis methods in currency trading, so your lessons must teach you well in this topic. This includes types of charts, support, resistance, trends, indicators, oscillators, multiple time frames, patterns, etc.
2. You don't learn currency trading just to get your money wiped up by the ferocious market; make sure you also learn proper risk management such as placing stop loss and take profits order with good risk/reward ratio. In addition to that, identify a stagnant market where there are no profit that can be made is one of the most important skill; in this condition it is best to just stay aside and do nothing.
3. How to identify the best entry and exit to make profits. This is the most essential lesson: studying a proven trading system. Depend on your teacher, you might learn different strategies such as swing trading, scalping, or longer term trading strategies where your trades will keep open for weeks.
Note:
Swing trading: trading style where your trades will keep open for days and aiming for larger market movement.
Scalping: A trader who watched the smallest market movement during a trading day to makes many trades with little profits for each trade.
If it is works and you can do it with ease, the methods are not that important. Personally, I don't suggest scalping if you are going to maintain your trades manually since it can be really tiring to look for every profit chance and maintain multiple trades at once; that would be a perfect job for a trading robot.
Conclusion
There are no boundaries when you decide to learn currency trading, but I suggest you only take what you need to protect your money and make steady profits. Don't forget to practice what you learn since massive lessons without practice will kill your desire to learn. A demo account would be a perfect means to start practicing.

The Route to an Easy Income? No, They All Lose Money

If I came up to you into a bar and said give me a hundred dollars and I will give you an income for life with no effort, you would think I was joking. But online, people hand over to Forex Robot vendors who promise them an income for life with no effort and they all lose their money for one simple reason...
If you have someone claiming they can make you money, you would have thought they could produce some hard evidence, that they had made some themselves but look at all the Forex robots sold and you get big claims and NO verified, real time track record!
A closer look at the track records, shows them to be no more than computer simulations going backwards knowing all the closing prices, well that's very easy but the challenge of Forex is trading without knowing this key data.
People will always believe the shortcut route to riches and they buy these systems and they lose. They never stop to think, that 95% of traders lose money and if it were so easy to make money as the robot vendors claim, the whole world would be trading and not bother going to work. These systems are sold for so little because they DON'T work, not because they do.
Forex trading is a learned skill and you can win, anyone can but you have to do what you do in all professions to succeed and that's to learn the basics and get confidence in what your doing.
Sure you have to make an effort but that's true in any money making venture and Forex trading is no different but the really good news is for the effort you have to make the rewards are enormous.
So learn Forex trading the right way and make an effort and you will be well rewarded.

Which is Best a Forex Robot Or an Forex Course

If you want to learn Fore the two main choices for new traders are either Forex robots or Forex courses but which is the best for you? Let's take a look...
Forex robots are very popular, due to the fact they tell traders they can make money with no effort, all you have to do, is read the manual, plug the system in and it will then trade on auto pilot for you. These systems come at a cost of around a hundred dollars, so there affordable to any traders. These systems though, have one major problem and its, they don't work and never produce the gains they claim.
So why can't they make the gains they cliam on the track records which they produce?
The reason is, the track records are not real money trading, there just computer simulations going backwards over past data, knowing all the closing prices. Anyone can make money, if they know the price in advance but that is simply not the reality of Forex trading.
These systems simply don't work and give the Forex industry a bad name but can you make money with a Forex course?
A forex course means you have to do some work and learn skills. In a market where 95% of all traders lose money you need to have the right education but the good news is these courses will teach you strategies and tools and the logic behind them so you can trade with confidence. In any profession, you need to learn the basics and get an education and trading currencies is no different. Currency trading courses will provide you with the skills you need and they will also provide you with, a hundred percent money back guarantee so you can learn with no risk; if you feel Forex trading is not for you, your course fee is rebated by the vendor in full.
Anyone can learn Currency trading and if you make the effort to learn skills, you will be well rewarded with a great second income.

The Easy Way to Educate Yourself and Make Huge Gains

If you want to learn Forex trading and make big gains, you don't need to work hard, you need to work smart avoid the myths and get the right education to win and this is what this article is all about...
The first point you need to keep in mind is to avoid all the get rich quick software packages you see that claim you can make an income with no effort and for paying a hundred dollars or so - they don't work. These systems give Forex trading a bad name and should be avoided at all costs.
In a market where 95% of traders lose you need to earn skills but this won't take you long and a couple of weeks of education is all you need to get on the road to success. The reason you can learn so quickly is - Forex trading is simple and simple strategies work best and always will - Why?
Because make a strategy to complex or to clever and it will simply have to many elements to break. Don't work harder than you need too on getting your system ready to trade.Learning a system is easy but you now need to do the harder part which is learning the right mindset to trade with discipline and keep your emotions out of your trading. This is something most traders simply cannot do - Why?
The problem for most traders is they come to trade with an ego and hate being wrong. When they get some losses, they get angry and can't take them so, they hold them and hope they turn around and this of course leads to disaster. In Forex trading you must learn to take losses and hold onto your equity in periods of drawdown and if you do this, you will still have equity left to run the big profits when they come around again.
Discipline sounds easy but it's not easy, keeping your emotions out of your trading, when money is on the line but with confidence in what your doing which comes from a good education, you can do it and if you can trade in a dsicplined way, a huge income awaits you.

Become a Currency Trader

Anyone can become a currency trader from home and you don't need to work hard or have a college education and here we will give you a story which will inspire you and show you that the route to Forex trading success is open to you.
Richard Dennis was a well known trader who decided to treat a group of novices to trade to show that anyone could learn to win with the right mindset and education. This group was ordinary people - a clerk, a boy out of high school, an auditor and a security guard, so regular people. He then taught them to trade in 2 weeks, gave them a system and told them to trade and he waited for the results which proved his point, that anyone could learn to trade:
The group made several hundred million dollars, in just 4 years and achieved outstanding success. The rules they used are public information now and free online and if you look at them, you will see the system was simple ( all the best systems are) and all the traders remarked how easy the system was to learn - but the hard part they found was adopting the right mindset to apply it with discipline.
The problem most traders have is not related to learning a system but getting the right mindset to make it win. To make a system win, need to trade with discipline and take losses and keep them small For example, the turtle system had far more losers than winners but by keeping losses small and running the big trends, the system made outstanding gains long term.
The system if you look at it, had rigid money management rules and there hard to follow with discipline but you can see that if you do adopt the right mindset and have the discipline to cut your losses and have the courage to run your profits, you can make a lot of money over the longer term
Forex trading is a learned skill and anyone can learn a system, the easy part of Forex trading and while it takes focus to adopt the right mindset it can be don and if you trade a solid system with discipline, you can make a huge income - it really is that simple.

Forex -Software System -Trading For Being a Successful Forex Trader

There are thousands of options that you can choose from when it comes to forex software system trading. Trading in the money market is already on its way to being the most popular trend. Individuals can simply make money from home and this could go up to millions. You could either choose any of the online forex trading software or you could choose to buy trading software offered by several trading companies which will help you enter the trading scene.
However, before you go ahead and invest in one, you need to look at a few points.
Make sure that the trading software works in a real time market scenario. It should be able to give you real time information in the form of charts or graphs, which are again easy to understand. This will help you analyze the market trends easily.
The forex trading software or the website, whichever you choose should have access to the trading market 24 hours a day. This is because the trading market works 24 hours, and if it looses out or disconnects for even a few minutes, you could be loosing out on vital investment opportunities. The trading market trades in different market currencies on a worldwide basis and therefore is open all the time.
Choose trading software that offers you a choice of currency pairs, since the market trades in pair like USD/EUR where you trade one currency over another.
Some excellent software let you trade on it as a practice session. This way, you get to know how your software works and will also pick up indications about the market that most software usually provide. Also check for free demo or trial forex software system trading programs that will help you understand the software. If you are comfortable with that particular software, you can go ahead and purchase it.

Forex -Secret -Trading

Online forex trading is a new type of investment that most individuals follow to make some profits. You would have probably known a few others who have minted a bagful of money with forex trading. However, if you are looking for the best forex secret trading, then you need not look any further.
Firstly, before you begin, make sure you are working with the help of a system that is reputed and offers you tips, suggestions, help in gauging price action and which has an easy system that will help you master reading trend lines and chart patterns.
Once you have an excellent trading system in place that is user friendly as well, you need to progress to the next step. Make sure that you start off small with each trade. You don't want to invest a huge amount of money only to loose it. When you put in your first trade, you are always a bit scared, and could likely make the wrong decision or it could be your kind of retracement channel. It is best that you step into the trading scenario with a small investment amount, this way you do not have a lot at risk. Once you set your trend and style and are much more confident in your profit making abilities, you can then go ahead with a larger amount.
Another trend about forex secret trading is that you start off small and then keep on adding your investment, depending how the trends prove themselves. This way, you are dealing in less risky areas of trading. Once you have an excellent exit signal, you will increase your profits by many folds. You could either choose to scale out by starting big or you could start small and then keep on adding. However, with the add-on method, you are likely to have a smaller risk factor.

Forex -Trading -Strategies - Best Times to Trade on the Foreign Currency Market

The foreign currency market also known as the Forex market is an area that is difficult to learn to work with. The Forex market is very popular because it operates for longer hours than the stock market or other markets. The flexibility of the market provides it with an advantage over other markets. The market is open from 800 GMT to 2200 GMT.
Trading takes place around the globe while the market is open. Many automated robots look for the slower times that the market is open to take advantage of better trades. Depending on which country you may be trading from, the times can be very different. Most people lose or make money during 1300 GMT to 1600 GMT.
The Asian market is very slow and because of the current economy, many people are avoiding some markets such as this one. More research will have to be done to determine which currency pairs might work best for you in this market. The US market is considered the most active and it begins about 1300 GMT. If you are interested in the best currency pairs for this market, they usually are the USD and the EUR. With the economic situation that most countries now face, even trading with the USD and the EUR is not as safe as it once was. In the London market, most trades happen during 1300 GMT and 1600 GMT.
Finding the right time to trade is not always the easiest to do. The opportunities for trading are much higher when the market is the highest. Some robots also look for ways to make trades that happen when the market is not at its highest. Understanding the best times to trade can make a big difference in the returns you gain. Simple research is needed to find out which currency pair and time is the one for your Forex trading strategies.
If you make manual trades, you may have to operate at times that are very different from the ones you may be comfortable with in your regular life. Certain times will require you to be available to make trades when most of the world is asleep. You will have to make the decision on when to operate and whether to rely on a robot to do the work for you. Your strategy will determine which choice you should consider making.

A Key To Successful Forex Trading And Trading For A Living

Every one has his days when no matter how well he has planned out his trades, he may find some of his trades not performing to what is planned. It is only natural for one to feel upset, but for the follower of a forex trading system, making money or losing money from that trade is not the paramount objective.

Why is this so?

For the trader who employs a forex trading system, he can still face the losing trade with a smile, because he has had followed through the trading signals in a disciplined way, and it is only when a trader follows a system, he can be sure of keeping his losses small and to live to trade again another day.

By using a forex trading system, the trader can have a cool head, and can face his trades rather unemotionally. He can execute his trades following pre-determined price levels of initial stop loss, trailing loss and computed and projected price profit.

He knows his tolerable level of loss, his threshold of pain - and of course, his risk to reward ratio even before he trades.

Now when a trader has a trading system and follows through the trading plan, making profits is a natural result when he makes a correct trade. But when his trade is wrong, his forex trading system will very quickly show him that the direction of his trade is wrong, so that he is out of the game fairly quickly.

I am often flabbergasted at some very broad claims of some traders who condemn day trading systems and relegate them to the garbage bin. When you look at forex trading systems, review them quickly by peer recommendation whenever possible. By peer recommendation, I mean you can ask existing traders their experience on the trading system, and how they are doing with it. Posting to the numerous reliable trading forums will allow you to receive some independent reviews fairly quickly. At the same time, my personal experience, and that of many other professional traders is that day trading can be profitable, though it is never easy to day trade. Otherwise, how is it that so many day traders are able to earn their income day trading the short swings of the market daily for a living? So it is important for you to have a broad view of forex trading systems if you are contemplating of learning or purchasing any trading system that relates to day trading.

If you ever wish to trade successfully, whether you day trade or swing trade, it is important that you have a trading system that will allow you to approach trading in a disciplined manner. It is only when you are a disciplined trader that you can see consistent large gains and small losses.