Tag Archives: profits

Forex Trading Articles

Top Benefits of Managed Forex Trading – Big Profits Using a Forex Robot

Leave a comment

If you want to make big profits at the Forex market but you are too busy to trade, then you can take advantage of managed Forex trading.

There are two ways how you can have a managed account. First, you can hire a professional trader or a service to manage your account. This is a costly option and there is no guarantee that you will succeed at the market.

The other method and probably the best way you can enjoy a managed account is to use a Forex trading robot. A Forex robot is a computer program that will trade for you. You can set it on auto pilot and let the software do its work.

If you are a serious trader but you lack the time for regular trading and constant monitoring of the market, using automated Forex software is your best option. Here are the specific benefits you can enjoy if you have a managed trading account using Forex robot.

Guaranteed Professional Management

An automated Forex robot is programmed like a professional. All the techniques and methodologies used by successful professional Forex traders are incorporated into the programming of the software. Your account will be totally safe with a Forex robot because it will smoothly operate just like a real pro. You will definitely enjoy peace of mind because of the knowledge that your money is safe with a robot manager.

Low Cost Account Management

One of the big drawbacks of hiring a professional trader is the high cost of management fee. The charges can add up to your overhead expenses which is not good if you are still starting at the Forex market.

But if you have a Forex trading robot that will manage your account, you only have to pay a one-time fee for the cost of the software. Maintenance of the software is also free because developers can provide free updates and patches for you. You can enjoy big returns from a Forex robot because you will not pay recurring fees to the developer.

Guaranteed Winner

Your success at the market is guaranteed if you have a managed trading account using Forex robot. Such program can earn more than a thousand dollars daily. In fact, traders who use Forex robots to manage their trading accounts can enjoy 5 digits monthly profits.

You can boost your profitability if you have a managed Forex trading account. The Forex software can run on auto pilot and will close trades that are in precarious positions. It will only stay at the market as long as you are on a profit taking run.

Forex Trading Articles

Boost FOREX Trading Profits Using These 3 Simple Guidelines

Leave a comment

FOREX trading is nothing more than direct access trading of different types of foreign currencies. In the past, foreign exchange trading was mostly limited to large banks and institutional traders. Recent technological advancements have made it so that small traders can also take advantage of the many benefits of FOREX trading by using the various online trading platforms.


FOREX markets possess unique attributes that offer unmatched potential for profitable trading in any market or any stage of the business cycle. For starters, FOREX trading boasts a 24-hour market, giving traders the chance to take advantage of profitable market conditions anytime. Secondly, the FOREX market is the most liquid market in the world. FOREX traders can enter or exit the market whenever they want, during almost any market condition. There also exist minimal execution barriers or risk and no daily trading limits.


For all the advantages of the FOREX market, one glaring weakness emerges. The FOREX market is seen as unregulated although the operations of major dealers, like commercial banks in money centers, are regulated under the banking laws. The daily operations of retail FOREX brokerages are not regulated under any laws or regulations specific to the FOREX market. Many of these types of establishments in the United States, don’t even report to the I.R.S. To make the most of the explosive potential of successful FOREX trading, individuals should follow these guidelines.


1.Determine the quality of the broker institution you choose.

Unlike equity brokers, FOREX brokers are usually attached to large banks or lending institutions because of the large amounts of capital that is required. FOREX brokers should be registered with the Futures Commission Merchant (FCM) as well as regulated by the Commodity Future Trading Commission (CFTC)



Request a free trial.

Before you commit to any broker, be sure to request free trials so that you can test their different trading platforms. Brokers usually provide technical as well as fundamental commentaries, economic calendars and other research as a means of assisting you. Basically, a quality broker will provide everything one needs to succeed.

3.Monitor two financial meetings to provide insight into the upcoming FOREX market.

Two important meetings FOREX traders should watch for are the federal Open Market Committee and the Humphrey Hawkins Hearings. By reading the reports and examining the commentary, FOREX fundamental analysts can get a better understanding of any and all long-term market trends it also allows short-term traders to be able to profit from extraordinary happenings.


Http://FreeForexTips.blogspot.com provides free commentary and up-to-date information on the FOREX currency exchange market. Http://FreeForexTips.blogspot.com

Forex Trading Articles

Forex Trading Tip – 3 Tips to Super Charge your Profits

Leave a comment

The forex trading tip enclosed is all about increasing your profitability and there logical, easy to apply and work. So here are your 3 trading tips, to increase the profitability of your forex trading strategy.

1. Learn The 80 – 20 Rule

It’s a fact that in many areas of business work etc that 80% of your profits come from 20% of your efforts and it’s also true in forex trading.

Most traders over trade and trade for the sake of trading, they think that if their not trading they will miss a move or the more they trade the better and this is not true. What you need to do is:

Cut you’re trading dramatically and only focus on the high odds set ups.

I know traders who trade less than once a month but earn triple digit profits.

They know trading frequency has nothing to do with forex trading success and you should learn this to.

2. Don’t Diversify

Diversification is seen as a way to cut risk – that’s only true if you diversify into good high odds trades, but most traders think they should trade a spread of positions, take marginal trades but all that does is dilute profit potential.

Most forex trader’s accounts are so small they simply can’t diversify and have meaningful gains. No you need to concentrate on high odds trades and then use the next tip to milk them for all their worth.

3. Load up The Risk Reward

How many times do you read that you should only risk 2% per trade well for a small forex account of say $5,000 you wont make much doing that that’s $100!

No you need to risk up to 20% on the high odds set ups – if you don’t take a risk, you won’t make big gains, its as simple as that.

You are not being rash, you are taking a calculated risk based upon the odds and like a good card player, you are going to load up your trade.

The tips above are simple and mean that you have to see forex trading for what it is a high risk – high return odds based game, where you need to be patient, to wait for the right trades and when you see them – hit them hard.

Think about the above simple forex tips and you will see they make total sense.

They will help you enhance your forex trading strategy and enjoy forex trading success.

General Forex

Automated Currency Trading – Using Automatic Forex Trading Software For Bigger Profits

Leave a comment

Automated Currency Trading

Forex trading has gained tremendously in interest and popularity in recent years mostly due to the introduction of automatic and automated forex trading systems. The market that was open to banks and similar big financial institutions is now luring medium and even small investors.

Forex market is the place where currency of one country is traded for currency of another country. These trades happen round the clock with transactions of billions or perhaps trillion of dollars everyday, making it one of the largest and most active financial markets.

With the advent of the internet, network, communication technologies, and sophisticated automated forex trading systems, participating in the forex market is now open to virtually anyone having a computer, an internet connection, a forex brokerage account and a good trading platform.

But staying on top of a forex position requires constant monitoring, as this global market is practically open round the clock. Automatic and automated forex trading systems is a tool that lets you specify a currency, an asking price, and a selling price beforehand. With a small seed amount and with the help of a broker, your purchase and sell orders will be executed instantly. Automated Currency Trading

An automatic and automated forex trading system allows you to benefit from the profitability of the forex market without having to become an expert in trading. In automated trading through managed accounts, the trading program or human experts executes the trades for you.

With a reliable auto trading platform, you are not required to do the actual trading yourself and therefore you save your time. And if you can watch the market constantly, you can mange multiple accounts from your trading platforms, simultaneously, which was never possible with manual trading. Automated forex trading systems present advantage of trading multiple systems and multiple markets.

An automatic and automated forex trading allow your trades to be made at any time of the day or night, regardless of your presence. You do not miss a single profitable trade even if you are not present in front of your computer terminal.

An automatic and automated forex trading helps you in taking advantage of multiple forex strategies and different systems. Because different systems are designed to be triggered by different trade indicators, you can diversify your investment as well as your risk. Automated Currency Trading

Forex Trading Articles

Best Forex Trading Indicators – 4 Simple Effective Ones for Bigger Profits

Leave a comment

Here we will look at some of the best Forex Trading indicators and how you can combine them into a simple robust Forex trading strategy for long term gains…

No single Forex trading indicator works all the time by itself and the way you combine them is essential. Many traders make the mistake of the thinking the more indicators they combine the better – Wrong!

If you do this the system has too many elements to break; you only need a few and your Forex trading system will be simple and robust in the face of ever changing prices.

Right lets build our Forex trading system and look at some of the best Forex trading indicators to help you build a trend following Forex trading system.

First Identify the Trend.

This is obvious by looking at a bar chart but you also want to use moving averages as well. Simple moving averages are great in terms of smoothing out the fluctuations and two great periods to use are first, the 40 day MA to identify the long term trend. Secondly, use the 20 day MA to buy and sell back to in a strong trend and you will find this moving average is excellent for getting in on a trend in motion, with optimium risk / reward.

Spotting the Set Ups

We don’t have time to cover this in detail here but there are a couple of points that are the key to maximizing profits. Firstly, be patient and only trade high odds set ups and secondly, make sure you trade breaks to new highs and lows all the big trends start and continue from them so you need to trade them.

Bollinger Bands – Check Volatility and Standard Deviation

Ask most traders what standard deviation of price is and you will probably get a blank look but an understanding of standard deviation of price and volatility is something that all forex traders need to know about and if you don’t, make part of your forex education and learn about Bollinger Bands.

Bollinger Bands are not used to for market timing – but give you an all round view of volatility price and when you understand this concept, Bollinger Bands can help you in 3 ways:

They can alert you to potential big moves, help set targets and spot market value and entry levels.

Best Forex Trading Indicators for Confirming

When you spot a potential opportunity, you need to confirm the move and make sure price momentum is going the way you wish to trade. There are plenty of momentum indicators but for the last 25 Years I have found the following two the best. There easy to learn and apply, lets take a quick look at them.

The Relative Strength Index (RSI)

A great leading indicator to time your trading signals with. If the RSI supports your view of the market you can use it in strong trends – or when it diverges from the prevailing trend ( from over bought or over sold) to enter trades against the prevailing trend.

The Stochastic Indicator

The best Forex trading indicator of all for better market timing and when combined with the RSI you have a dynamite combination. The stochastic is a simple indicator but is the ultimate timing tool for timing trading signals in my view. If you use stochastic crossovers to confirm your move, you will get the odds on your side. It’s also very effective for timing contrary positions. A stochastic cross, from over bought or oversold levels, against the trend is a highly effective way of getting in on the big contrary trades.

Simple and Effective

There are other great indicators around such as the ADX indicator, MACD and many others but as a blend the above 4 indicators with a bar chart are my best forex trading indicators for profit and they have served me well over the last 25 years.

The indicators are easy to learn, apply and if blended correctly, can add a new dimension to your forex trading strategy.