SECRET FOREX TIPS MAKES YOU MILLIONER

When you are trading in the Forex market, it is always useful to have some sort of code book that will be able to help you to decipher the whole market and pick it apart successfully. When you have the sheet in front of you, you will be much better positioned to conquer the market like no other and make your millions. Imagine, the market turns over at several trillion a day, so what is a few million to you if you are willing to work for it and you have the secret tips that you can use to make your day at the market much more profitable.

The first tip you need to look at is using your head when thinking about investments. You need to learn all you can about how currency behaves and since this seems quite obvious to you, you would be surprised that more than 90 of the people all over the world who come into the trading game do not even bother to study the commodity that they are investing in. While the currency market is one that is massive and violent, you need to be able to know how exactly the currency pairs that you are going to be investing in behaves and how you can capitalise on these behaviours to make the most of the market and make you some serious money.

You need to understand that the market psychology and market behaviour is also tied to the currency and how it behaves when placed in different situations. When you know this, you also need to be able to get a whole of the whole option of Forecasting the Forex market and when doing this, you need to know the very secret methodologies that big investment companies have been doing to make big money. For one thing, the Forex market is actually one that falls into general patterns of behaviour. These patterns are the very things that can help you actually predict how the market is going to be like and where the price movements are going towards.

Knowing this means that you will be able to further focus and pinpoint the strategies that you will be employing to make your day at the market much better. Also, try and look much deeper into this than normal and once you are able to define the technical terms and various ‘islands’ where investors flock to when there is either areas of trouble or pockets of good activity. When you know this, you will be able to go against the market, which means that you would already know where the market is going and how you are going to shore up against it. Once you are able to do this, then you are able to get the edge over other investors and have some real money on your hands. Remember, forging ahead while other people are selling and selling when there is a buying frenzy could mean the difference between a loss and a magnificent time at the paper trade.

Twitter Safety Tips - The Wrong Tweets

You have joined Twitter to be among your near and dear ones. With time you will have stream of peoples following you, many of them not even knowing you. These people ,whose identity nd whereabouts are not known to you, are the real threat to you since the personal information at you share with the people near and dear to you can be a real safety threat for you. Reason is simple; the personal information you share with the people you know can be used by those who intend to exploit personal information for their wrong doings.

It is better to follow some of the very vital Twitter Safety Tips so that mistakes are not committed in order to compromise the personal safety. The first thing that you should be careful about, is not letting others know the location of you. People who know you already knows where you live, but at times in your conversation you readily though unknowingly give out your location information. At times this information may prove fatal for those who are in search of the physical location of the user on Twitter.

Another common mistake that one does, is telling others about your absence from home; especially tweeting that you will away from home on the weekend. This will be a clear invitation for burglars, to come “visit” you when your away. Beware of telling your friends and relatives of your business trip when your wife and children will be alone at home. This may be a big mistake that may result in safety problems to your family back home.

In few conversations you may be so open to state and let the world know that you are staying home alone. This information is sufficient for people planning crime. You may not know what crucial information you post on Twitter can set aside the security aspect in your personal life.

You may be subjected to security threats all because of passing on your personal information on Twitter not following the

Top Ten Forex Brokers Who Can Change Your Fortune

There are several different trading markets available to customers. The hardest to master without the proper resource is the currency exchange market. With the proper resources at your disposal this market is easy to handle and can make you a profit. Sitting back and watching as you get destroyed by the market is not helpful you must be active.

It is also very complex since it is not limited to one or two countries like other trades. Involvement of skilled traders from all over the world, huge profit margins compared to share market makes it unique. The most important single resource required to play in a forex market is huge money and to safe guard this money and make profit from it one should make some strategies

Not all markets use broking agencies but for the forex market they are important because of it volatile nature. These forex brokers often work with over a hundred thousand accounts internationally. These brokers are competing intensely to provide the best facilities for their customers.

Depending upon their performance and customer satisfaction index, these agencies are given rankings on regular basis; it is a prestigious issue to every broker to get top ten forex broker ranking continuously. They will not leave any stone unturned to get a place in a list of top ten or top hundred, depending upon the size of their agency.

The primary goal of the forex broker is to improve their customer satisfaction ranking so that theif overall ranking is healthy and looks appealing to future and current customers. Also this ranking shows their competition that they are popular or not causing other agencies to safe guard their clients. Although their customers are important the ranking is for overall importance so nothing is neglected.

Broking agencies hold no guarantees at the beginning many come and go in just a matter of a couple of years. New investors to the market are often fooled by start up companies that appear to offer them deals they cannot resist. New or potential investors should keep to the companies that are known for their success.

The number one broking agency is FXCM holdings. They have proven time and time again that their fincancial services are beneficial and will help you to make a profit. Their members are specialized in online trading as well as speculators in the foreign exchange market. The top ten are listed below; 1. FXCM 2. Interactive Brokers 3. MG Forex 4. Alpari-idc 5. Hot Spot FX 6. MB 7. WestCapFx 8. Dukascopy 9. Oanda 20. eToro.

Once a company has obtained a position on the top ten list it is hard to keep that position. The companies can keep that position only by giving their best effort on all fronts. The FXCM company realized this and has shown excellence in all required fields.

Choosing The Right Forex Broker

It’s impossible to invest all of your time and energy in the foreign exchange market, but at the same time, you want to increase your personal equity by participating in this profitable market. For that reason, getting the assistance of a forex broker is a good starting point because these are full-time professionals who can offer you advice and handle the trading process for you.

It is important to choose a forex broker you can trust because large amounts of money is involved. So to prevent yourself from unnecessary fraud and scams, it is important that you check out your forex broker before investing any serious money into a live trading account.

There are many individuals who claim they can help you leverage your money by helping you trade in the forex market. Many of them claim to be experts, but in reality, most may not be skilled enough to make those actual claims. Basically, they just have a good software program and system in place to automate the client’s trading process.

Here are some simple tips to help you avoid fraud:

1. Reviews – Try searching online for reviews on the particular firm you plan to use. If the broker you’re interested in claims to be a professional, chances are other people will give good feedback about them.

2. Customer Support – If something goes wrong for some reason and getting support is crucial, you don’t want to wait to long because that could mean the difference between a profit or a loss. You should always be able to reach support whenever you need it. This is especially true in the forex market.

3. Testimonial & Feedback – Search for feedback and find out what other traders are saying about this broker. If possible, try contacting some of the individuals that’s given testimonies to verify that these are real testimonials. Anyone can put fake feedback on a website about how wonderful their service is.

4. Security – Your privacy and the security of personal data should be their first priority, because most of your trading will be done online. To prevent your private data from being stolen, always make sure the website has at least an SSL certificate.

5. Company Background – You should always check the broker company background to make sure they’re easy to contact, but more importantly that they are a legitimate company. In the forex market, communication by email only is just not good enough.

6. Forex Trading Account – Most brokers offer a free trading account that you can try out until you’re ready to do live trading. I suggest you do this initially to learn the system. This is an important step to take until you are sure you know what you’re doing. When you’re ready to go live, make sure that their minimum deposit is within your budget. Double check the firm to make sure it’s genuine and legitimate.

7. Software Functionality – Make sure you invest in the best trading software possible. No one wants a slow forex trading system that freezes when you’re taking certain actions. Make sure the platform is reliable and user friendly.

8. Commission & Spread – Since most forex brokers usually make their profits through speads, they normally will not charge a commission. It is your duty to calculate the rates they charge and always ask to make sure whether they will be based on variable or fixed rates.

9. Safe Handling Funds – Make sure that your broker is regulated or registered and offers protection against fraud. Ask about their protection policy and what would happen if the broker’s company went bankrupt or suddenly disappeared.

10. Execution Of Trades – Familiarize yourself with their trading platform to find out if it offers the features you want. Confirm with your broker the speed of the execution, whether the trades are off set and find out if it will be a manual or automatic process.

Buying and selling in the foreign exchange market is a game of speed. Having a good broker could mean the difference between profit or loss. By taking the time to learn and checking the security measures involved, you will minimize your risk. Making money in the forex market can be fun and profitable. Save yourself a lot of time and frustration by utilizing some of tips presented here.

Forex Trading Signals

Forex Trading Signals is a term used by brokers and players in the foreign exchange market. Basically, it means the decision you make between buying and selling within a short period of time. Since you only have limited time to make a decision, it is virtually impossible for anyone to predict the market environment in such a short time frame.

That’s why professional day traders are always monitoring the foreign exchange market to reduce as much risk as possible. Their main objective is to get more “Wins” than “Losses”. No matter how experienced an individual is, every forex trader will lose money in the currency exchange market.

Thanks to the modern technology and the invention of specific software and systems, forex trading has never been easier. If you do a search on different forex trading software, you will start to realize how important these programs are to your day trading. If you’re just a beginner, it is wise to get a demo account, so that you will get first hand experiences before investing real money.

There are many courses about learning forex trading signals as well as many strategies that top players are willing to share. It is important that you get educated and at least get a basic understanding before attemping the trading process. Education and keeping updated is the key in this game. This is how serious players make their fortunes. They are willing to put in the time and effort to learn the formula while others just jump right in to try their luck.

You must accept the fact that you will lose money trading signals. This is a quick game and experienced players are likely to succeed in this area because they understand that they will not win every time. Unfortunately, this is how you gain the experience needed to play this game.

By using some of the Forex Trading Software available, you can dramatically reduce the time and risk involved. However, not all softwares are created equally and since trading forex signals consist of very fast pace transactions, try to get the best software available. Therefore, if you’re serious about trading signals, please take the time to educate yourself with professional resources.

Recommended FX Courses

The convenience of trading forex online has created a number of success stories for individuals just like yourself. With the technology being so advanced in the past decade, anyone can take their trading to the next level. This proves extremely easy for people who want to work from home.

Here’s a few Forex Trading Courses we highly recommended:

Forex Trading Made E-Z – A downloadable Ebook, twelve videos as well as many daily clips of real-time trading.

10 Minute Forex Wealth Builder – Step by step video tutorials to make it especially easy to learn so that anyone could follow the instructions and be ready to start building wealth in this fantastic business.

Forex Power Strategy Course – Designed specifically to teach people who have no investing background. You’ll learn how to earn a living in one of the most amazing online businesses you’ve ever seen.

Forex Trading Explained – The most practical introduction to the foreign exchange market you are likely to find. In addition to this it describes in great detail and in a simple style a practical trading system.

Forex Profits Book & Video Program – Deliver extraordinary value at a price that anyone can afford. Bonuses include: 10 Instructional Videos, Free Course Upgrades and Free Ongoing Education.

Forex Auto Pilot System

You probably found your way here because you’re interested in running your own profitable home-based business or looking for a way to simply earn some extra income in your spare-time.

If you’re serious about making a full-time income from the comfort of your home — pulling in more money than you ever thought possible, and with no more than a few hours work, then you should continue to read what I have to say…

How would you like access to proven step-by-step techniques, that someone with no experience can use to make money online – every single day? Would learning these insider secrets motivate you to provide a more financially stable environment for you and your family?

If you’re thinking that any of the above sounds impossible? Too good to be true? Think again!

You have just stumbled upon one of most groundbreaking software programs on the internet, the Forex Auto Pilot System.

This is not some run-of-the-mill ‘Get Rich Quick Scheme’. The Forex Auto Pilot System enables you to generate a steady stream of income on auto-pilot, 24 hours a day, 7 days a week, 365 days a year. Allowing you more time to focus on the things you enjoy.

You can do this,

• WITHOUT a website,
• WITHOUT a ton of start-up capital,
• WITHOUT being a computer geek, and
• WITHOUT any business or trading experience!

This is not a promise of ‘overnight millions’ or ‘instant riches’. This is a truly legitimate opportunity that people from all over the world, just like you, are achieving amazing results with every single day. The good news is, it’s 100% legal. The better news? It’s 100% automated.

This powerful proprietary software comes complete with step-by-step training material that will teach you how to begin making money right from the moment you start!

Here’s all you have to do…

1. Download Forex Auto Pilot
2. Open a Real or Demo account
3. Run the Advisors on your account and watch your investment GROW

The Foreign Exchange or Forex market is by far the largest financial market in the world with an average daily trade of US$ 3 trillion. What does this mean for you? Well it basically means that there’s a HUGE untapped revenue stream that you can take advantage of.

Will This Work For Anyone?

Absolutely, you don’t need any previous Forex experience in order to earn a substantial income with Forex Auto Pilot, and it doesn’t matter where you live! There are members in over 100 different countries, so this opportunity is available to almost everyone. It was developed for beginners and experienced traders alike, and with our step-by-step training material, newbies will gain all the knowledge needed to succeed in the Forex market. The best part is that the majority of people who use our system are online and trading within minutes of downloading the software.

How Will I Be Paid?

Getting paid couldn’t be easier. If you need some money to pay the rent or even just to go shopping, follow these simple steps:

• Login to your online broker account.
• Check how much money you’ve made since you last logged in.
• Select your amount.
• Send a request to your broker.

Why Trade Forex

1. You can make a substantial income working only a few hours a day or week on your computer.

2. Trade from anywhere in the world where there is an internet connection.

3. You can use a free demo account to gain experience without risking your own money.

4. Traders can almost always open or close a position at a fair price, because the forex market is the most liquid in the world.

5. If the market is going up or down you can still make money.

6. No need to wait for the opening bell, because Forex markets trade 24 hours a day.

7. No single entity can control the market for an extended period of time with a trading volume of around $3.2 trillion dollars a day ( Bank for International Settlements April 2007)

8. No one can corner the market because Forex is the world’s largest market.

9. Compared with day trading stocks or futures, start-up costs are low.

10. When trading stocks, there are over 40,000 stocks to choose from, but in forex, you can choose one or two currency pairs and focus your analysis.

Free Credit Report Scams Increase As Credit Crisis Gets Worse

As the worlds economic crisis deepens more and more people are for the first time in their lives, having to deal with bad credit. And like a lot of average consumers, many of these people have never seen real copies of their credit report before. Once someone decides to try to increase their credit rating one of the first things they usually do is try to find out how to get copies of their credit reports.

This is where a lot of companies who are out to take advantage of the average consumer come into play. Just because you see advertisements all over the Internet, T.V., and radio about getting free copies of your credit reports doesn’t mean that there isn’t some sort of catch to it. Over 99% of the time when searching for a company that can offer you your 3 major credit bureau credit reports for free you will be asked to purchase some other kind of product or sign up for a credit monitoring service in order to receive your free credit reports.

But if you are being asked to pay for something else before you get to see your “free” credit reports than is it really free? That is the question that many people are asking themselves after signing up for a credit monitoring trial just to see their credit reports. Only to find themselves paying a monthly fee for a service they never really wanted just because they forgot to cancel their membership in time.

10 Important Reasons For Taking Out A Life Insurance Policy

Insurance is designed to protect you from disasters and their financial consequences. There are many kinds of insurance and the the most important of these is considered to be life insurance which makes financial provision for your family following your death.

As there are various financial commitments you need to meet in life you need also to provide something even in death to ensure the security of the family home, to help the family meet expenses at least for a short time, to protect dependent parents or to provide security for your spouse and children.

These financial obligations could well include your funeral expenses, unsettled hospital and other medical bills, mortgage payments, business commitments and meeting the college expenses of the children.

Precisely how much insurance you will need varies depending on your lifestyle, financial needs and sources of income, debts, and the number of dependents you are responsible for. In the main an insurance adviser or agent would recommend that you take insurance cover that is five to ten times your current yearly income.

An important part of your financial planning, whole life insurance gives you peace of mind for any uncertainties in life.

1. Adequately planned life insurance will provide funds in the case of unexpected death to deal with debts, mortgage payments and day-to-day living expenses. It offers protection to the family you leave behind and serves as a cash resource.

2. It secures your estate on death by providing tax free cash which can be utilized to pay estate and other death duties.

3. Life insurance policies can also have a savings or pension provision which can help to fund you during retirement.

4. Some policies have riders such as restricted coverage of term insurance or critical illness for the children or spouse. There are particular rules considering eligibility for riders which you will have to clearly understand.

5. In case of bankruptcy the cash value, together with the death benefits, of any insurance policy is exempt from your creditors.

6. Holding a valid insurance plan is considered as having a financial asset and this will improve your credit rating when you need medical insurance or a home loan or business loan.

7. Term life insurance has double benefits as it protects and you can also your money back during strategic points in your life.

8. Life insurance can be planned such that it will even cover the expenses of your funeral.

9. Insurance can protect your business from financial loss or any liabilities in case a business partner dies.

10. It can contribute towards sustaining a family’s standard of living when one contributing partner dies unexpectedly.

Insurance forms a vital part of sound financial planning but you do have to evaluate both your personal risk and your longer term commitments.

Plans, like a whole life insurance plan, give you the security you need for your dependents and also act as a good form of financial security against which you are able to borrow. So, why not ask for some of the best free life insurance quotes available today.

Instant Forex Profit Overview

What does Instant Forex Profit’s website have to say about itself?

• Best Forex Trading Software – Automatically Generate Your Trading Decisions When You Relax
• Perfect for part-timers – even geeks need a life! I wanted to it take no more than five minutes a week, maximum.
• Profit-making – I wanted to make sure I could make and save plenty of money.
• Easy to use – with clear entry/exit signals, leaving no guesswork.

Does Instant Forex Profit deliver on its claims? It has a refund rate of only 6.35% when purchased at the standard price of $97.00 which is very low – under one in ten people were not satisfied with their purchase. We also took into account various additional factors in order to calculate the site’s trust rank. It scored 4.50/5 which is above average so this is a product we definately recommend.

Taking everything into account we give Instant Forex Profit an overall rating of 4.25/5

Forex Versus stocks

When the company does well and makes a profit, the value of the stocks rise. Stock owners can sell their shares for a profit or hold on to the stock for even more gain in the future. Sometimes companies will issue dividends – part of the profits that are distributed to share holders.

Stocks are traded on stock exchanges. Most stocks are bought and sold through brokers who charge a commission or fee for this service. American stock exchanges include the New York Stock Exchange (NYSE) and the National Association of Securities Dealers Automated Quotation System (NASDAQ). Most stocks are only listed on one exchange, although large companies may have listings on several exchanges.

Stocks were traditionally seen as long term investments. So called ‘blue chip’ stocks – those having proven value over many years – may form the backbone of an investment portfolio. Short term trading is a relatively new phenomenon made possible with the advent of Internet trading. Day traders attempt to take advantage of large daily fluctuations in the market by buying and selling many times in one trading period. It is relatively risky and any profits realized are reduced by broker commissions charged on each transaction.

Stocks may sometimes be bought on margin, meaning that the investor borrows money to buy the stocks. Margin rates are usually around 50% – the investor can borrow as much as half the value of the stock.

FOREX

The Foreign Exchange Market (FOREX) is quite different from the stock exchange. In contrast to the stock exchange, the FOREX is primarily a short term market. Most traders enter and exit deals within a 24 hour period – sometimes within a few minutes. Many FOREX trades can be made in one day without building up a large brokerage fee because FOREX trades are commission free. Brokers earn money by setting a spread – the difference between asking and selling prices.

The FOREX is the largest financial market in the world. It is handles transactions worth $1.5 trillion every day. By comparison, all the American stock exchanges combined handle daily transactions worth about $100 billion. The huge volume of FOREX means that it is one of the most liquid markets in the world. There is always a buyer and seller for any type of currency because the world economy relies on the movement of goods from country to country. The stock market is less liquid because participants may choose to hold their investments or move on to other markets.

The FOREX is not located in any one location. Trading markets are located world-wide and because of difference in time-zones trades can be made 24 hours a day, 5 days a week. Trading begins in Sydney, Australia on Monday morning (Sunday afternoon New York time) and continues non-stop until Friday afternoon New York time.

Stock exchanges have more limited trading hours. While it is possible to trade on exchanges world-wide, each exchange is independent and operates for just 7 hours a day. There is no way to buy or sell a certain stock that is only traded on one stock exchange when that exchange is closed.

Other advantages of FOREX? It is more predictable than stocks. It follows well established trends; it allows high leverage – typically 100:1 instead of 2:1 on the stock market; and it doesn’t require a large investment – mini accounts as small as $250 can get you started in FOREX.

The Seven Most Traded Currencies in FOREX

Currencies are traded in dollar amounts called “lots”. One lot is equal to $1,000, which controls $100,000 in currency. This is what is known as the "margin". You can control $100,000 worth of currency for only 1,000 dollars. This is what is called “High Leverage”.

Currencies are always traded in pairs in the FOREX. The pairs have a unique notation that expresses what currencies are being traded. The symbol for a currency pair will always be in the form ABC/DEF. ABC/DEF is not a real currency pair, it is an example of a symbol for a currency pair. In this example ABC is the symbol for one countries currency and DEF is the symbol for another countries currency.

Here are some of the common symbols used in the Forex:

USD - The US Dollar EUR - The currency of the European Union "EURO" GBP - The British Pound JPN - The Japanese Yen CHF - The Swiss Franc AUD - The Australian Dollar CAD - The Canadian Dollar

There are symbols for other currencies as well, but these are the most commonly traded ones.

A currency can never be traded by itself. So you can not ever trade a EUR by itself. You always need to compare one currency with another currency to make a trade possible.

Some of the common PAIRS are:

EUR/USD Euro / US Dollar "Euro"

USD/JPY US Dollar / Japanese Yen "Dollar Yen"

GBP/USD British Pound / US Dollar "Cable"

USD/CAD US Dollar / Canadian Dollar "Dollar Canada"

AUD/USD Australian Dollar/US Dollar "Aussie Dollar"

USD/CHF US Dollar / Swiss Franc "Swissy"

EUR/JPY Euro / Japanese Yen "Euro Yen"

The listed currency pairs above look like a fraction. The numerator (top of the fraction or "left" of the / however you want to SEE it) is called the base currency. The denominator (bottom of the fraction or "right" of the /however you want to SEE it) is called the counter currency. When you place an order to buy the EUR/USD, for instance, you are actually buying the EUR and selling the USD. If you were to sell the pair, you would be selling the EUR and buying the USD. So if you buy or sell a currency PAIR, you are buying/selling the base currency. You are always doing the opposite of what you did with to base currency with the counter currency.

If this seems confusing then you’re in luck. You can always get by with just thinking of the entire pair as one item. Then you are just buying or selling that one item. Thinking like this will still enable you to place trades. You only need to be aware of the base/counter concept for Fundamental Analysis issues.

So why is it important to know about the base/counter currency? The base/counter currency concept illustrates what is actually taking place in a Forex transaction. Some of you reading this, know that short-selling was restricted in the stock market *(Short-selling is where you sell a stock/currency/option/commodity first and then try to buy it back at a lower price later). But in the FOREX you are always buying one currency (base) and selling another (counter). If you sell the pair you are simply flipping which one you buy and which one you sell. The transaction is essentially the same. This allows you to short-sell with no restrictions.

You want to be able to short-sell with no restrictions so you can make money when the market drops as well as when it rises. The problem with traditional stock market trading is that the market has to go up for you to make money. With FOREX trading you can make money in all directions.

Forex Fundamental Analysis

The two primary approaches of analyzing Forex markets are technical analysis and fundamental analysis. Fundamental analysis comprises the examination of economic indicators, asset markets and political considerations when evaluating a nation’s currency in terms of another. The focus of fundamental analysis lies on the economic, social and political forces that drive supply and demand. There is no single set of beliefs that guide forex fundamental analysis, yet most fundamental analysts look at various macroeconomic indicators such as economic growth rates, interest rates, inflation, and unemployment.
Here we look at some of the major Forex fundamental factors that play a role in the movement of a currency:

Economic Indicators

Economic indicators are reports released by the government or a private organization that detail a country’s economic performance. These economic indicators can be released on a weekly basis, but the more common report is monthly. Indicators are based around a number of economical situations, of which the two primary factors are that of International trade and Interest. Subsidiary factors also include Consumer Price Index (CPI), Purchasing Managers Index (PMI), Durable goods orders, retail sales and Producer Price Index (PPI).

Currency’s Interest Rates

One of the major indicator factors, Interest rates, are a key economic function of any nation. Generally, when a country raises its interest rates, the country’s currency will strengthen in relation to other currencies as assets are shifted to gain a higher return. Interest rates hikes, however, are usually not good news for stock markets. This is due to the fact that many investors will withdraw money from a country’s stock market when there is a hike of interest rates.

International Trade

The trade balance portrays the net difference (over a period of time) between the imports and exports of a nation. A trade deficit can be an economic disaster for a government and a currency. A deficit may appear when a country is importing more than it is exporting, meaning that more money is leaving and less is coming in. In some ways, however, a trade deficit in and of itself is not necessarily a bad thing. A deficit is only negative if the deficit is greater than market expectations and therefore will trigger a negative price movement.

Forex Trading Systems

A trading system on the Forex market is a type of strategy that allows traders to trade with a set of rules. There are many free trading systems and strategies printed in trading articles, journals, books and on trading-related websites. I would have to say that if you are not inclined to learn how to develop your own trading methodology, then perhaps you should consider giving your money for someone else to invest. Give it to someone who is trading a system that he developed and tested himself because he is more likely to have the confidence and courage to follow his own trading system.

Why you need a forex trading system?

1. It’s easy to trade with a system.
2. A good system provides consistent result.

What makes a good trading system?

• It’s simple. Forget complicated systems with lots of rules - it’s a proven fact that simple systems work better - and are less likely to fail, in the brutal world of trading.
• A trading system with profitable expectation.
• It provides good ratio of reward/risk.
• A system of comprehensive risk management including market exposure weightings, stop-loss provisions and capital commitment guidelines that preserve capital during trend-less or volatile periods.

Once you learn how to develop trading systems and strategies, you can then be better equipped to test them as well. By this point you might even find that the system created by yourself is the best one for you, because it becomes the system more suited to your profit objectives while operating within your risk tolerance levels. It is likely that once you develops this level of competence, you will simply acquire other trading systems only to dissect them, grab the parts you likes and add them to your own system. To me, the irony is that for a trader to know which system to purchase, you must first learn how to create a system. And after knowing how to create a system, he will no longer have the need to buy one.

Trading Styles

Currency traders make decisions by analyzing technical factors and economic fundamentals. Traders must decide which style and/or combination of analysis works best for them.

Technical Traders

Technical traders make their decisions using two primary tools:

• Charting tools (trend lines, support and resistance levels, etc,)
• Quantitive Trading Models (mathematical analysis to identify trading opportunities).

The goal of a technical analysis is to study historical data or past behavior of the market in order to predict future market movements. Traders may using their own charts and/or models, or use those developed by third-party providers.

The FXTrade interface provides a variety of forex graphing features.

Fundamental Traders

Fundamental traders analyze key economic data, including news and government reports, to evaluate trading opportunities. They believe that currency exchange rates are affected primarily by economic and political conditions, and occasionally by central banks intervening in the currency markets in an attempt to influence the value of their currencies.

Some of the key figures tracked by fundamental traders include interest rates, inflation, trade balance, GDP (Gross Domestic Product), CPI (Consumer Price Index), PPI (Producer Price Index), capacity utilization, factory orders, durable goods orders, inventories, and employment statistics. They are also constantly evaluating the potential impact of military conflicts, natural disasters, and changes in political leadership.

Another factor that often influences trading decisions is market sentiment. Traders often read news, analyst reports, and Web site bulletin boards to get a sense of the general market sentiment and then trade either with or against that sentiment.

OANDA provides various news sources for the fundamental trader:

• The FXTrade platform provides a news link to FX-related news and information.
• Investors and speculators share market insights and gauge market sentiment by contributing to and following the FXMessage forex forums.

Forex Money Management

Put two rookie traders in front of the screen, provide them with your best high-probability set-up, and for good measure, have each one take the opposite side of the trade. More than likely, both will wind up losing money. However, if you take two pros and have them trade in the opposite direction of each other, quite frequently both traders will wind up making money - despite the seeming contradiction of the premise. What's the difference? What is the most important factor separating the seasoned traders from the amateurs? The answer is money management.

Like dieting and working out, money management is something that most traders pay lip service to, but few practice in real life. The reason is simple: just like eating healthy and staying fit, money management can seem like a burdensome, unpleasant activity. It forces traders to constantly monitor their positions and to take necessary losses, and few people like to do that. However, as Figure 1 proves, loss-taking is crucial to long-term trading success.

Forex Broker Guide

Introduction

The following is a list of questions you may like to consider before opening an account. You can use this checklist to narrow down your selection of companies that fit your requirements. You may also wish to refer to the forex broker ratings page on this site to read about traders unique experiences with particular brokers.

The following links will also give you some background information on U.S. FCM's (Futures Commission Merchants).

• Selected Financial Data for FCM's
• NFA Background Affiliation Status

1. Word of Mouth

• What do other traders say about the broker?
• What is their customer service like?

2. Customer Protection

• Is the broker regulated?
• What regulatory organisation are they registered with and what protections does it afford you?
• Are client funds insured against fraud?
• Are client funds insured against bankruptcy?

3. Execution

• What business model do they operate? i.e. Are they a Market Maker[?], ECN[?] or no-dealing desk broker
• How fast is their order execution?
• Are orders manually or automatically executed?
• What is the maximum trade size before you have to request a quote?
• Are all clients trades offset?

4. Spread

• How tight is the spread?
• Is it fixed or variable?

5. Slippage

• How much slippage can be expected in normal and fast moving markets?

6. Margin

• What is the margin requirement? e.g. 0.25% margin = max 400:1 leverage [?]), 0.5% margin = max 200:1 leverage, 1% margin = max 100:1 leverage, 2% margin = max 50:1 leverage, etc.
• Does the margin requirement change for different currency pairs or days of the week?
• At what point will the broker issue a margin call?
• Is it the same for standard and mini accounts?

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7. Commissions

• Do they charge commissions? (Most market makers' commissions are built into the spread)

8. Rollover Policy

• Is there a minimum margin requirement in order to earn rollover interest?
• What are the swap rates like for going long or short in a particular currency pair?
• Are there any other conditions for earning rollover interest?

9. Trading Platform

• How intuitive and functional is it to use?
• Are there many disconnections during trading hours?
• How reliable is it during fast moving markets and news announcements?
• How many different currency pairs can you trade?
• Do they offer an Application Programming Interface (API) to allow you to automate your trading system?
• Does it offer any other special features? (e.g. One click dealing, trading from the chart, trailing stops, mobile trading etc.)

10. Trading Account

• What is the minimum balance required to open an account?
• What is the minimum trade size?
• Can you adjust the standard lot size traded?
• Can you earn interest on the unused margin balance in your account?

Essential Elements of a Successful Trader

Courage Under Stressful Conditions When the Outcome is Uncertain

All the foreign exchange trading knowledge in the world is not going to help, unless you have the nerve to buy and sell currencies and put your money at risk. As with the lottery “You gotta be in it to win it”. Trust me when I say that the simple task of hitting the buy or sell key is extremely difficult to do when your own real money is put at risk.

You will feel anxiety, even fear. Here lies the moment of truth. Do you have the courage to be afraid and act anyway? When a fireman runs into a burning building I assume he is afraid but he does it anyway and achieves the desired result. Unless you can overcome or accept your fear and do it anyway, you will not be a successful trader.

However, once you learn to control your fear, it gets easier and easier and in time there is no fear. The opposite reaction can become an issue – you’re overconfident and not focused enough on the risk you're taking.

Both the inability to initiate a trade, or close a losing trade can create serious psychological issues for a trader going forward. By calling attention to these potential stumbling blocks beforehand, you can properly prepare prior to your first real trade and develop good trading habits from day one.

Start by analyzing yourself. Are you the type of person that can control their emotions and flawlessly execute trades, oftentimes under extremely stressful conditions? Are you the type of person who’s overconfident and prone to take more risk than they should? Before your first real trade you need to look inside yourself and get the answers. We can correct any deficiencies before they result in paralysis (not pulling the trigger) or a huge loss (overconfidence). A huge loss can prematurely end your trading career, or prolong your success until you can raise additional capital.

The difficulty doesn’t end with “pulling the trigger”. In fact what comes next is equally or perhaps more difficult. Once you are in the trade the next hurdle is staying in the trade. When trading foreign exchange you exit the trade as soon as possible after entry when it is not working. Most people who have been successful in non-trading ventures find this concept difficult to implement.

For example, real estate tycoons make their fortune riding out the bad times and selling during the boom periods. The problem with trying to adapt a 'hold on until it comes back' strategy in foreign exchange is that most of the time the currencies are in long-term persistent, directional trends and your equity will be wiped out before the currency comes back.

The other side of the coin is staying in a trade that is working. The most common pitfall is closing out a winning position without a valid reason. Once again, fear is the culprit. Your subconscious demons will be scaring you non-stop with questions like “what if news comes out and you wind up with a loss”. The reality is if news comes out in a currency that is going up, the news has a higher probability of being positive than negative (more on why that is so in a later article).

So your fear is just a baseless annoyance. Don’t try and fight the fear. Accept it. Have a laugh about it and then move on to the task at hand, which is determining an exit strategy based on actual price movement. As Garth says in Waynesworld “Live in the now man”. Worrying about what could be is irrational. Studying your chart and determining an objective exit point is reality based and rational.

Another common pitfall is closing a winning position because you are bored with it; its not moving. In Football, after a star running back breaks free for a 50-yard gain, he comes out of the game temporarily for a breather. When he reenters the game he is a serious threat to gain more yards – this is indisputable. So when your position takes a breather after a winning move, the next likely event is further gains – so why close it?

If you can be courageous under fire and strategically patient, foreign exchange trading may be for you. If you’re a natural gunslinger and reckless you will need to tone your act down a notch or two and we can help you make the necessary adjustments. If putting your money at risk makes you a nervous wreck its because you lack the knowledge base to be confident in your decision making.

Patience to Gain Knowledge through Study and Focus

Many new traders believe all you need to profitably trade foreign currencies are charts, technical indicators and a small bankroll. Most of them blow up (lose all their money) within a few weeks or months; some are initially successful and it takes as long as a year before they blow up. A tiny minority with good money management skills, patience, and a market niche go on to be successful traders. Armed with charts, technical indicators, and a small bankroll, the chance of succeeding is probably 500 to 1.

Fundamental or Technical: Which path to follow?

Whether it is fundamental or technical, forex market analysis depends on two key principles. There are tools that can allow us to predict the future price action, and market movements are not completely random. That the first principle must be valid is obvious. If there were no tools with predictive capability, there would be no possibility of profiting from the price action. And if market movements were completely random, there would be no possibility of making predictions in any case.

Predictions are central to many forex strategies, and technical and fundamental studies use different methods for deriving them. The crucial difference lies in the fact that while technical analysis attempts to establish the future value of an asset (in our case, a currency pair), fundamental forex market analysis focuses on discovering whether it is undervalued, or overvalued at present.

Proponents of fundamentals analysis claim that it is difficult to be certain about the future value of any asset in the volatile environment of trading. The best approach is to concentrate on what the current prices are in the market, comparing those values with the theoretical prices determined by fundamentals, and on that basis deciding on the nature of our trade, fundamental analysts suggest. They blame technicians for using unreliable tools for predicting what is obviously unpredictable. At least in the short term, it is impossible to determine the direction of the price, they claim.

In fact, the difference between technical and fundamental analysis is not as deep as it will seem if we evaluate them based on their tools and mission statements. Where the fundamental analyst speaks of an imbalance of supply and demand, an irrational positioning of traders, or faulty risk perception, the technical analyst will speak of divergences, market overextension, panic, oversold or overbought levels, bubbles, and similar concepts, but in truth they all define the same underlying phenomena. The extreme imbalances of fundamental analysis are parabolic price trends in technical jargon. Irrational positioning may coincide with divergences. And panic may match a period of re balancing of fundamental factors.The crucial point is that these equivalences are valid only when the analysis is correct. When, for instance, an economic situation is coupled to a technical phenomenon (let’s say for example, that the stock prices enter a strong downtrend as banks contract lending and bankruptcies occur, as dictated by theory), the strong relationship is unfortunately devoid of any causality that may facilitate predictions, at least in the short term. In other words, it is not possible to predict the technical configurations that will be caused by economic processes, although we can be pretty sure that something will happen.

In sum, technical and fundamental analysis are just mirror images of each other. But the mirrors work only when there’s something to show. If either of the mirrors is broken (that is, the analysis is faulty), there will be nothing to match. Consequently, instead of worrying about the efficacy of either school, it is better to focus on perfecting our skills so that the analysis that we perform is the best, regardless of the school to which we belong.

Pound Rises As U.K. Recovery Signs Mount

In European deals on Wednesday, the pound surged up against its major counterparts as traders took a more optimistic view of the U.K. economy following various encouraging economic reports.

The pound rose to new multi-month highs against the dollar and the yen and new multi-week highs against the franc and the euro.

U.K.'s manufacturing output unexpectedly jumped in June by the most since October 2007 as factories raised production of cars and computers. Output rose 0.4 percent in June from May, the Office for National Statistics said today in London. Economists predicted a 0.1 percent drop.

On a yearly basis, industrial production recorded a decrease of 11.1% and manufacturing output slipped 11.7% in June.

Meanwhile, a report from the Chartered Institute of Purchasing and Supply and Markit Economics showed that Britain's services sector rose more than expected in July, with the headline index rising to 53.2 from 51.6 in June. Economists had expected the reading to come at 51.8.

Earlier today, the Nationwide Building Society said that consumer confidence in the UK improved in July on expectations of higher house prices in the next few months. The consumer confidence index edged up to 60 in July from 59 in the preceding month.

In addition, Lloyds Banking Group Plc's Halifax division said U.K.'s house prices rose 1.1% month-on-month in July, reversing the 0.4% drop in June. This was the second increase in the last three months and climbed much more than the expected rise of 0.6%. House prices were down 12.1% on an annual basis.

Today's reports added to evidence that Britain is shrugging off the recession and the broadly stronger picture may also encourage some investors to bet that the Bank of England will refrain from expanding its 125 billion pound asset purchase program on Thursday.

The Bank of England and the European Central Bank are scheduled to meet tomorrow to decide on interest rates. Analysts expect both banks to keep their benchmark rates unchanged at 0.5 percent and 1 percent, respectively.

During European deals on Wednesday, the pound rose to 1.7031 against the dollar. This set the highest point for the pound since October 21,2008. On the upside, 1.75 is seen as the next target level for the U.K. currency. At yesterday's close, the pound-dollar pair was quoted at 1.6942.

The pound-dollar pair has been steadily gaining after it touched a 23 1/2 -year low of 1.3507 on January 23 on speculation the global recession will ease soon. A rally in stock markets, interest rate cut and stimulus packages by central banks and some encouraging economic reports around the world helped the U.K. currency to extend its uptrend in the subsequent months.

Thus far this year, the pound has appreciated more than 20% against the dollar, following a 27% drop in 2008.

The pound that closed yesterday's trading at 1.7962 against the Swiss franc jumped to a 6-week high of 1.8083 in European deals on Wednesday. If the pound-franc pair gains further, it may likely target the 1.812 level.

The franc plunged today after Swiss Reinsurance Co., the world's second-largest reinsurer, reported a quarterly loss because of impairments on securitized products and the cost of hedging corporate bonds.

The loss was 381 million Swiss francs in the second quarter, compared with a profit of 564 million francs in the previous year, the Zurich-based company said in an e-mailed statement today. Loss per share was CHF 1.13 during the second quarter of 2009.

The pound that tumbled to a 5-week low of 1.7398 against the franc on July 13 has gained around 4% since then.

In European deals on Wednesday, the pound strengthened to a new multi-week high of 0.8469 against the euro. The next upside target for the pound is seen around the 0.844 level.

Eurozone retail sales declined 2.4% year-over-year in June, compared with a 3% drop in the preceding month, revised from 3.3% fall estimated initially, the Eurostat said today. Economists expected sales to fall 2.2%.

Month-on-month, retail sales were down 0.2% in June, following a 0.5% fall in the preceding month. Economists had expected an increase of 0.3%. Retail sales excluding automotive fuel also declined 0.2%.

The pound surged up to a 5-week high on Monday after a report showed that U.K.'s manufacturing sector expanded for the first time since March 2008 in July. The CIPS/Markit Manufacturing Purchasing Managers' Index or PMI rose to 50.8 in July from an upwardly revised 47.4 in June. Economists had expected the index to rise to 47.7.

But the U.K. currency eased yesterday and bounced between 0.8484 and 0.8529 against the euro. At yesterday's North American session close, the euro-pound pair was worth 0.8508.

Against the yen, the pound edged higher in early European deals on Wednesday. At present, the pound-yen pair is trading at a new multi-month high of 162.32, compared to Tuesday's close of 161.40. If the pair climbs further, it may likely target the 162.6 level.

The pound-yen pair has advanced 10% after it touched a 7-week low of 146.81 on July 08.

Investors are now likely to focus on the New York session, in which the ADP National Employment report, which sheds light on non-farm private employment, is scheduled to be released at 8:15 am ET. The report is usually released two days prior to the Labor Department's employment report. The private sector is expected to have lost 340,000 jobs in July.

The U.S. June factory goods orders report and the ISM non-manufacturing composite index for July are also expected today.

Asian Markets Drift Lower On Profit Taking

The markets across Asia ended in the negative territory as traders preferred to lock gains following the recent rally. Traders also preferred to move to the sidelines ahead of key economic data related to employment later in the week. However, the Indian market ended in the positive territory with modest gains led by buying at lower levels

In Japan, the benchmark Nikkei 225 Index ended the session at 10,253, down 122.48 points, or 1.18%, while the broader Topix index of all first section stocks snapped its 13-day gains and ended in the red with a loss of 9.44 points, or 0.98% at 950.

Automotive stocks led the decline after Isuzu Motors reported that it swung to loss in the first quarter. The shares fell 4.68%. Among other automakers, Honda Motor fell 1.32%, Hino Motors lost 3.00%, Suzuki Motor declined 2.39% and Toyota Motor dropped 1.29%.

Retail stocks also ended weaker. Fast Retailing lost 3.47%, J Front Retailing fell 3.05% and Aeon Co. dropped 1.38%.

Trading companies ended mixed. Mitsubishi Corp. lost 1.28%. Toyoto Tsusho Corp. fell 1.57% and Itochu Corp. slumped 2.49%. However, Sumitomo Corp edged up 0.10% and Mitsui & Co., advanced 1.92%.

Shipping stocks also ended mixed. While Kawasaki Kisen added 0.80%, Nippon Yusen fell 1.20% and Mitsui OSK Lines lost 1.32%.

Banks ended in the red on profit taking. Sumitomo Mitsui Financial declined 1.93%, Resona Holdings lost 2.80%, Mizuho Financial dropped 1.30% and Mitsubishi UFJ Financial slipped 0.83%.

In Australia, the benchmark S&P/ASX200 Index ended at 4,265, having shed 44.80 points, or 1.04%, and the All-Ordinaries Index ended with a loss of 0.97% or 41.70 points, at 4,272.

On the economic front, the Australian Bureau of Statistics revealed that trade deficit narrowed during the month of June, reflecting a faster rise in exports. The trade deficit stood at a seasonally adjusted A$0.441 billion in June, smaller than the deficit of A$0.737 billion in May, and lower than economists' expectations of a deficit of A$0.8 billion.

In a separate report, the Department of Education, Employment and Workplace Relations or DEEWR, revealed that the leading indicator of employment rose for the second consecutive month in August, after falling for 18 successive months. The leading indicator for August stood at minus 0.716 compared to minus 0.781 in July.

Light sweet crude oil price for September delivery ended at $71.30 a barrel in electronic trading, down $0.12 from its previous close $71.42 a barrel in New York on Tuesday.

Retailer David Jones reported a 0.6% rise in sales for the fourth quarter. The company, however, revealed that the outlook for the future is unclear. Following the comments, the share price plunged 8.38%. Among other retailers, Harvey Norman fell 4.28%, but Woolworths managed to edge up 0.45%. Westfield Group gained 0.75% after UBS upgraded its stock rating to "neutral" from "sell".

Mining stocks ended weaker on profit taking. BHP Billiton lost 1.78%, Rio Tinto lost 3.36%, Gindalbie Metals declined 2.26%, Iluka Resources shed 1.79% and Oz Minerals fell 2.67%.

Banks also ended lower on profit taking. ANZ Bank declined 1.74%, Commonwealth Bank of Australia lost 2.88%, National Australia Bank fell 1.59% and Westpac Banking slipped 0.59%.

In oil space, Woodside Petroleum lost 1.65% and Santos shed 0.55%, Oil Search fell 2.46% and Origin Energy declined 2.44%.

Mixed trading was witnessed among gold stocks. Sino Gold lost 3.52% and Newcrest Mining fell 1.89%. However, Lihir Gold bucked the trend and advanced 2.20%.

In Hong Kong, the Hang Seng Index ended in negative territory with a loss of 301.66 points, or 1.45% at 20,495, led by banks on concerns China may initiate measures to tighten the liquidity in the mainland. Property stocks slumped on profit taking. As many as 35 of the 42 components in the Index ended in negative territory.

Among the financials, HSBC Holdings slipped 0.78%. Hang Seng Bank lost 2.75%, Bank of China fell 2.90% and Bank of Communications slumped 3.72%.

Property stocks ended lower on profit taking. Wharf-Holdings slumped 4.41%, Henderson Land fell 4.61%, SHK Property lost 4.69%, New World Development declined 4.40% and Sino Land shed 3.49%.

In South Korea, the benchmark KOSPI Index ensnapped the recent gains and ended in negative territory at 1,559, down 6.90% or 0.44%. Traders preferred to lock in gains ahead of key economic data following recent rally. Automakers, steel and bank stocks led the declines.

Buying at lower levels recouping the early losses, helped the Indian market end modestly higher despite weak cues from other Asian markets. The BSE Sensex finished the session at at 15,904, up 72.85 points or 0.46% from its previous close, and the S&P CNX Nifty gained 13.65 points or 0.29% to close at 4,694.

Among the other major markets in the region, China's Shanghai Composite Index lost 42.94 points, or 1.24% to close at 3,429, Indonesia's Jakarta Composite Index fell 43.03 points, or 1.82% to close at 2,317, Singapore's Strait Times Index lost shed 41.93 points, or 1.58% to close at 2,607 and Taiwan's Weighted Index fell 107.63 points, or 1.55% to close at 6,848.

MECHfx Auto-Trading System

ECHfx is our proprietary software that has been developed in-house, from the ground up, to enable our traders to trade live accounts while simultaneously distributing this trade information to our clients in real-time via our Live Trade Console, Email and Global SMS.

By combining the Forex trading expertise of our trade desk with the ability to have our signals automatically executed on your live trading account, we have virtually eliminated the need for you to be at your computer for several hours per day.

MECHfx functions by connecting your Forex trading account to our trade desk via a LAMM (Lot Allocation Money Management) account. With MECHfx enabled, instead of watching for trade notifications, you can now simply review or follow along on your own schedule as our MECHfx platform executes the trades for you.

Our MECHfx auto trading system currently supports FXCM UK. We will be enabling Gain UK (forex.com) in the near future.

To signup and enable MECHfx autotrading on your account please follow the steps outlined below.

Rebate Sharing Program

Forex Signals Plus is proud to share some great news on a topic many Forex traders have very little knowledge about.


In the Forex industry, one of the ways that brokers make their income is on the spreads they charge you for each trade. Forex Signals Plus as a licensed and registered Referring Broker gets compensated, due to our market exposure, for introducing new business to these brokers and in turn our brokers will then compensate us out of the same spread they are receiving.
There is no additional cost in trading to you. The spread is built in no matter who is getting compensated.

The opportunity here is that if you sign up for an account at FXCM through us, we will then in turn give back a percentage of that compensation we receive, to you.
IN A NUTSHELL
Forex brokers such as FXCM pay us to refer business to them and we pass a portion of that payment back to you just for using our link to signup with them.

HOW TO GET STARTED

1. Contact us using the form below
2. Open an account with one of our listed Forex Brokers
3. Start trading and receive your payments

Forex Signals Service

With Forex Signals Plus you receive professional Forex trading signals derived through a mutely-tiered filtering system which scans all major currency pairs and then presents them to our Trade Desk for review. Our trade desk considers these trade opportunities and then, through years of experience and discretion, chooses to execute or deny on a case by case scenario. The result is what we believe to be the best of systematic and discretionary trading for you to use in trading your account.

• Receive real-time Forex signals which include full detail on: trade-entry; trade-exit; stop-loss; and target prices. Trade modifications are also updated on the fly as market conditions adjust to either secure more profit or reduce risk exposure. "Please be advised that trading Forex involves significant risk of loss and that no safe trading system exists."
  
  
• Our state of the art Live Trade Alert Console gives the novice and seasoned trader sub-second notification (150-450 milliseconds, depending on your internet connection quality) the moment our traders enter a trade. This Console also includes smart visual pop-ups and audible voice alerts so you never miss what's happening. It is a one stop shop for utilizing one of the most sophisticated and intuitive Forex signals systems on the internet today.
• Receive additional or secondary notifications via Global-SMS or email for all trading activity or customize it and receive only the signals that you want during the time periods throughout the day that you want. This also includes our pre-alert notification that typically gives you up to 15 minutes warning prior to a trade entry.
  
  
• We strive for full transparency by displaying detailed performance reports on our site. These reports are dynamically updated as soon as each trade is exited.
  
  
• The best part is our service includes no setup fees, no software to install and is Mac and PC compatible from any mainstream web browser. This means anytime access from any device, anywhere.

DealBook® Mobile: Downloads for BlackBerry®

Overview

With DealBook® Mobile for the BlackBerry®, you can access your forex account and trade currencies from anywhere, anytime.

Designed to meet your on-the-go trading needs, this version of DealBook® Mobile uses the quick-access screens and menus of your BlackBerry® device’s navigation system. You can easily open, close or edit your positions as well as access real-time financial news anywhere you have wireless access with your BlackBerry® device.

If you’re a GFT customer, you can take advantage of all the features and benefits of DealBook® Mobile BlackBerry® Edition by reading the Requirements tab and following the Installation Instructions. If you’re not yet a GFT customer, click here to receive a free practice trading account from GFT.

Features

• Add or remove currency pairs to trade, monitor market prices and issue orders from the Quotes screen.
• View both active and pending orders for all of your accounts from the Orders screen.
• Set alarms to notify you by email or text message when an instrument has reached a specific price on the Orders screen.
• Add stops, limits, or OCOs to your currently open positions
• View details about your account, such as your floating P/L (FPL) and cash, with the Accounts screen.
• Stay on top of the latest finance-related news from the News screen.

Requirements

DealBook® Mobile for the BlackBerry® works with most contemporary versions of the BlackBerry® SmartPhone. It is currently not compatible with the BlackBerry® Storm™. If you have questions regarding the compatibility of your BlackBerry® device with this version of DealBook® Mobile, please contact our technical support team by clicking here.

Instalation Instruction

1. Click Download Now and save the DealBook® download to a file location where you can find it on your PC or Mac.
2. On your computer, navigate to the file location where you saved the DealBook® download.
3. Open the zipped folder and extract the .alx and .cod files to your desktop.
4. Launch your BlackBerry® Desktop Manager.
5. Make sure your BlackBerry® device is connected to the computer. Then, launch the Application Loader in the BlackBerry® Desktop Manager.
6. Depending on the version of the BlackBerry® Desktop Manager you are using, click Add or Browse to navigate to the downloaded application file.
7. Select the .alx file in the Open File window. The BlackBerry® Desktop Manager prompts you to install the DealBook FX Micro.
8. Click Next. The files are loaded to your handset.
9. Click Finish. DealBook® installs the software and then restarts your BlackBerry® device.

This is a online inforemations taken, for more details please see the source below :-
(http://www.gftforex.com/software/mobile/blackberry.asp)

DealBook® Mobile: Basic

DealBook® Mobile: Basic

DealBook® Mobile is available in a basic version, so you can place orders and access your account from your web-enabled mobile telephone. The basic version uses Wireless Access Protocol (WAP) to provide market access to traders using wireless telephones with limited functionality. With the latest in encryption technology, you can securely access the forex market, anywhere, anytime.

The basic version for WAP devices allows you to perform many of the standard DealBook® Mobile operations, including:

	View, edit or close your positions with multiple order types including market, stop and limit orders.
	Monitor your positions, including open and working orders.
	Select the currency pairs you'd like to monitor, and view prices for any of the more than 120 currency pairs offered by GFT.
	Securely access your GFT forex trading account information as a summary or as a detailed report.

How to Access DealBook® Mobile Basic Version

For practice accounts, please point your WAP enabled device to: https://demo.gftforex.com/us/
At the login screen, please login using your practice account information.

For GFT accountholders, you can type in the following URL: https://live.gftforex.com/us/
At the login screen, please login using your live account information.

For more information on how to enter this information and store it in your cell phone's memory, please refer to your cell phone user manual.

Forex Trading Signals

With Forex Signals Plus you can trade foreign currencies alongside our professional Forex traders as they monitor the markets six days a week to identify and execute high probability trades on our live accounts.

Signup and receive our detailed buy/sell trading signals, including stop loss and target updates, via various distribution methods and optionally engage our MECHfx auto trading system to have our Forex signals automatically executed on your live trading account in real-time. Either way, our real traders and their knowledge of the Forex Market become your trading advantage.

Whether you are a novice, seasoned trader or active investor Forex Signals Plus has a solution that is right for you.

DealBook® Mobile

As you compare wireless platforms, it's important for you to find a trading program that uses the latest technology. With data delivery and download speeds increasing considerably, DealBook® Mobile, exclusively from GFT, delivers forex quotes streaming in real-time, so you can stay aware of moves in the forex market.

	Multiple order types, including market orders, stop orders, limit orders and OCO orders
	Trade on live prices for 120+ currencies
	Access to prices, orders and open positions
	Analyze, track and trade currencies visually with multiple charting options
	Complete suite of technical studies
	Execute orders directly from the quoteboard

Charting

The full-color charting offers access to the 120+ currency pairs available from GFT. You can select a currency pair, customize the chart by type and timeframe as well as view and analyze market trends.
DealBook® Mobile charting offers you precise visual examples of market and price action. Choose from candlestick, line or bar charts, all updated in real-time, as well as more than seven available timescales that can easily be adjusted from a drop-down menu.
If you want more, you can also add technical studies to view key price levels, which may help anticipate turning points in the market to further keep you in tune with market prices and direction.

DealBook® 360: Our Flagship Forex Trading Platform

Welcome to our award-winning forex trading platform, DealBook® 360, which is designed for newcomers, active traders and professional forex traders. Our trading platform is a hybrid application that's simple enough to be used if you are new to forex trading, and it can also be tailored to adapt to meet your needs as you grow and advance in your forex trading knowledge.

DealBook® 360 is a powerful forex software program designed for people just like you - traders who want the latest in technology and usability to trade the $3.2 trillion daily forex market. You will find that DealBook® 360 offers you the features and benefits to meet every trading style - especially yours.

Benefits of DealBook® 360

	Trade with a completely customizable interface so you can tailor the program to your needs and trading style. Learn how to customize your workspace
	Get free integrated commentary and analysis from leading sources and access our full range of subscriptions, such as trading signals or currency forecasts.
	Spot long- and short-term trends using a wide range of charting timeframes, from 1-minute and 30-minute to daily, weekly or monthly.
	Get advanced risk-management tools to help better manage your trading equity, including automated trailing stops and parent and contingent orders.
	Learn about our Chart Studio®, a free software program that allows you to build custom indicators, test trading strategies, and create automated trading systems (ATS).

Software: DealBook® WEB

With no software to download or install, you can enjoy the comparable speed and agility of an application from your office, your couch or the park - anywhere you are connected to the Internet.

DealBook® WEB uses the latest in leading technologies to deliver a trading experience unlike any other web-based platform on the market. DealBook® WEB is fast, powerful and easy, yet still offers you the capabilities of a desktop trading platform.

For the first time, you can trade with the innovative technology of our DealBook® 360 platform, but all within a streamlined webpage that you can access on any computer.

Benefits of DealBook® WEB

	Trade 120+ currency pairs from any computer with an Internet connection
	Get real-time currency prices, news and account information
	Trade from a Mac or a PC
	View trends and apply studies on full-screen charts
	Place orders to manage risk, including trailing stops