Saturday, January 06, 2007

Price Driven Forex Trading, The Concept Behind The Forex Trading Machine.

Entering and trading the Forex markets has become one of the most popular activities among people from all walks in life these days. But Forex trading is not always easy, you can be mislead by the apparent periodicity of the forex charts and think you can easily spot profitable trades. But often this is not true. You will need a good amount of knowledge related to how the currency markets behave in order to become a profitable forex trader.

For those worried about how to make money consistently trading the forex markets, recently a veteran trader has been spreading the word about an original and quite revolutionary way to trade the forex markets. It is a system based on what is called Price Driven Forex Trading (PDFT).

PDFT is a system based in three trading strategies that are able to produce consistent and systematic profits for the trader that follows PDFT to the letter. In short, Price Driven Forex Trading (PDFT) is a method for trading the forex market without using any type of indicators, support or resistance levels, moving averages, pivots, oscillators, fibonacci, trend lines or ANY other trading tool you can think of right now. PDFT only uses the price of the currency pair and a time element.

This system is the basis of the elusive forex trading machine. This original trading system based on PDFT concept is 100% mechanical, this means it requires no discretion or interpretation, that’s why the term “machine”. You will simply have to follow strict rules in order to operate the forex trading machine. This may be a dream come true for many aspiring and veteran forex traders.

If you want to test the FTM and for more information Click Here


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posted by Forex Trading at 5:27 PM 0 comments

Friday, January 05, 2007

The 5 EMAs FOREX SYSTEM, Exponential Moving Averages Full Potential.

Among one of the important concepts a new forex trader should know is what a Moving Average means, how it’s calculated and what its use as a trading indicator is.

Moving Average is defined as a technical indicator that shows the average value of a particular currency pair over a previously determined amount of time. This means, for example, that prices are averaged over 20 or 50 days, or 10 and 50 min depending on the time frame you are using at the moment of your trading activity.

As an averaged quantity, MA’s can bee seen as a smoothed representation of the current market activity and an indicator of the major trend influencing the market behavior.

The basic mechanics of how Moving Averages can tell you where the forex market is moving (up or down), at the moment of your analysis is by considering two different time frame Moving Averages and plotting them on the forex chart. It is very important that one of these MA is over a shorter time period than the other one; let’s say one will be over a 15 days period and the other over a 50 days period. Most trading station software available by a number of brokers will let you do this plotting and much more.

Recently there has been the realese of a new forex trading system called “The 5 EMAs FOREX SYSTEM”. This system will allow you to identify both entry and exit points with incredible accuracy. He even claims you can convert $1000 into $1000 000 in just 24 months. He may be exaggerating a bit on this, but his plan of action and use of moving averages is quite outstanding and accurate.

Depending upon the exit strategy selected, the system generates monthly returns of between 30% and 55%. Which is more tha enough to make a living trading the forex markets with the 5 EMAs Forex System.




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posted by Forex Trading at 4:10 PM 0 comments

Lazy Trading Forex Software, Is It The Answer?

They say that if you can check a mark in a box you can succeed using the Lazytrading Software. It’s not a secret that every forex trader has the dream of one day finding a mechanical way that can tell them, with a high accuracy, when to enter the markets and when to exit with a nice profit. But for many years this has been just that, a dream.

Recently as I surfed the web I discovered this curious system, the lazy trading forex software, and it catch my attention when I read the statement where the author mentions that he has historically won 76% of the time with his trades. That’s not a perfect record but it’s a very impressive one for any forex trader around. So impressive that I decided to make some more research on this forex software.

I discovered a few things about the lazy trading forex software. One of them is that the amount of time needed to implement this system is not much . It is just matter of checking you computer two or three times a day and see if you have a signal. The signal is given by the software in a simple to read format that will make your trading rather easier than if you had to read through the charts and pin point indicators with not much accuracy. At the beginning it can be a bit confusing to read the signals but you get the use of the software really quick

One more thing that really excited me was the fact that you can use this software with the famous Betonmarkets site. This is the first time I find a software that will help you to become profitable at this great site; that may become a very dangerous site if you don’t know what you are doing.

In short the Lazy Trading Forex Software seems to fulfill the requirements of a great forex trading product. It’s not perfect, I wish the winning record was 100% but with a 76% you can surely make a living trading the currency markets.

Lear more about this great software



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posted by Forex Trading at 2:46 PM 0 comments

Profitable Trend Forex System, Make $5000 A Month Trading.

The Forex market is known by its immense volume of transactions per trading day, and it’s because of this fact that it’s impossible for a single of the market’s forces to noticeably control the market direction for any considerable length of time, opening many opportunities for traders of any size.

The Profitable Trend Forex System has its origins in a little fact that very few traders know about. This controversial fact is that you don't need complicated and confusing fundamental or technical analysis to trade successfully. Systems that are based on logical, scientifically sound, and well-tested forex trading concepts have been performing extremely well and will continue to do so for many years to come. One of the greatest myths in trading is that you need to forecast or predict the future of the markets in order to make money in the forex markets. But the Trend Forex System author says NO (and this is a big and controversial statement), according to his research nothing could be further from the truth, you don’t need to predict the futur. The fact is that trying to predict future price movements will certainly lead to unnecessary frustration and failure. To be successful in forex trading, you only need to do two things: Identify the trend & join the trend with the precise timing. That’s really all profitable forex trading is about.

As all traders know; trading is difficult and trading is ruthless. In short it’s a hard world so you must have the edge to survive and succeed in this tough business. The Profitable Trend Forex System claims to be the system that will give you the confidence to trade and become profitable. I’ve seen only some of it in action but so far everything works right.

If you want to learn more about Trend Trading In Forex take the first step:

http://www.1-forex.com/Trend-Forex-System/





















posted by Forex Trading at 1:01 PM 0 comments

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