Forex Tracer Software Review

Forex Tracer Software Review

Forex Tracer is an automated trading software that has been causing quite a stir in the Forex community for the past few months. Expert & new traders alike are asking whether this software can really make you money and, if so, how much.

Today we're going to have a detailed look at this new Forex software to see whether this one is a scam or a real success...

The Strategy

Forex Tracer offers a no hands approach, meaning that all you have to do is install it, using a simple installation method, customize the settings(or use the original settings) which have been set by the creators for what they believe is maximum performance, and let the software trade for you.

The software places a trade anytime it sees an opportunity to make an easy prediction and make money in the market, it can trade in all conditions but it usually trades in only the conditions which are best for earning profit, so it can minimize risk.

The Specs

By trading the EUR/USD currency pair, it focuses on a pair that is usually easy to monitor and predict. On one account last year the Tracer earned $335,000 trading in a year, those are some impressive numbers.

The History

The Forex Tracer was developed by expert traders, mathematicians and software programmers who put their heads together to take predictable market patterns and give a robot, in the form of an automated software program, the abaility to predict these trends.

The Guarantee

When looking for a trading system, it's always best to look for a guarantee. The company is so sure you will make money using the Forex Tracer, they're offering a 100% moneyback guarantee within 60 days, so you can have peace of mind.

Now listen carefully, if you're ready to make real money in Forex, earning more pips than you ever imagined completely on autopilot, take 2 minutes to read the next page. Forex Tracer is offering their amazing automated trading services at a huge discount, you're gonna want to get in on this limited time offer! Click Here to get started!

Forex Signals Software - Which is the Best?

Forex Signals Software - Which is the Best?

Forex trading is quickly becoming one of the best ways to make money online and for good reason. People are realizing they can earn thousands of dollars per week just with the simple click of a button and a small deposit. Some brokers even let you get started for as little as $1.

While you can make a lot of money, there's a catch. Forex can be complicated, especially if you're a new trader. Expert traders make their money by spending hours a day analyzing complex charts, graphs & applications, in order to predict the market.

While this works some of the time, there's definitely an easier solution.

Forex Signal Software

Many people have turned to automated Forex signals software to make money trading on autopilot. A signal software can make your life a lot easier by delivering automatic signals which tell you which currency pair to trade and when. It's a great tool to have especially if you aren't the best at analyzing charts all day.

Using automatic signals is great if you have the right signal software on your side, and finding the best one can be tough. If you're going to use one of these automated signal softwares it is important to know which one is best, so we've complied a quick list of things to look for when choosing a signal software.

1.) Signals for all major currency pairs

2.) A trial offer so you can try the signals

3.) A membership so you can get personalized service, your own members area and your own personal settings

4.) A money back guarantee

5.) Great customer service

Now listen carefully, if you're ready to make real money in Forex, earning more pips than you ever imagined completely on autopilot, take 2 minutes to read the next page. Forex AutoMoney is offering their amazing automated trading services at a huge discount, you're gonna want to get in on this limited time offer! Click Here to get started!

The Role of Intuition in Forex Trading

The Role of Intuition in Forex Trading

Quite often you can see the situation when one trader using a trading system makes profit, while other trader using exactly the same system loses money. The main reason for that is intuition.

Success in any area of human life has a lot to do with intuition. Let's define the intuition for Forex trader. Intuition in trading is the decision making ability that goes beyond the rational thinking. Each trader trades with his own risk level. That can be attributed to intuition.

Risk levels differ from one trader to another. There is no exact answer to what should be the risk taken in each trade. As long as a trader makes consistent profit he has found his own risk level. Trader founds it through trial and error developing his intuition at the same time.

This is just one tiny example of utilizing the intuition. It doesn't end on choosing the risk level for your trades. Market very often gives out contradictory information, which not always possible to process rationally. It's very hard to keep in mind every parameter of changing currency market.

Therefore trader must make a subjective decision. It is in that subjectivity intuition is contained. Therefore we can give another definition for intuition - it is the way of perceiving and processing the information from environment which is invisible for our conscious mind.

Such decision however is based not only on irrational intuition but also on traders knowledge and experience. That does not mean however that a trader needs large amount of knowledge about the market. All that is required is to focus attention on the most important aspects of the market.

How you know what deserves you attention and what doesn't. It's the job of intuition to tell you which information you need to pay more attention and which is useless information.

With the experience trader develops so called feel of market. He feels the momentum of the price movement. If he senses any kind of change in momentum, he will take action to protect his capital and make profit. That can be considered as an intuitive decision.

The losing of such "feel" of market can mean loss of the capital. Therefore for most successful traders that intuitive feel serves continuously. It goes almost subconsciously like breathing. He keeps analyzing the information but conscious mind does not notice it.

Forex Trading the News - A "No-Go" Zone?

Forex Trading the News - A "No-Go" Zone?

Trading forex can be based on technical indicators from the charts or on pure forex news releases. Major news affairs and economic data make huge impact on currency movements and ignoring new releases sounds like a big mistake. However, a lot of traders choose not to include forex news in their analysis. Why is trading news more difficult then it sounds? What are the reasons for traders to stay away from news trading?

Forex news trader makes his trading decisions based on news data releases. Forex market is available 24 hours a day with 8 major currency pairs and over 17 derivatives. The currency movements are effected by economic news releases on a daily basis, and therefore are making it possible for a trader to use only news without dependency on technical analysis to trade.

News releases influence currency movements and create volatility changes. The trick is to spot these movements and be able to use them to make profits. The general idea behind news trading is watching out for:

¨ Interest rates
¨ Retail sales data
¨ Indications of inflation (consumer price index or the producer price index)
¨ Unemployment data
¨ Industrial production
¨ Business sentiment surveys and performance reports
¨ Consumer confidence surveys
¨ Manufacturing sector surveys
¨ Country's trade balance(US Treasuries)

Trading news in forex is attractive - sometimes you witness a currency move almost 100 pips within seconds after a major news release. At the first glance this is a perfect opportunity for easy money. News trading may sound easy, but it is not. Most forex traders consider it a" no-go" zone and choose to make their trading decisions based on technical indicators instead. The question is why is this happening? Why event trading is a big scare for most of us?

Reason 1: High Volatility

During news releases market goes nuts! The price can move from 5 pips to 100 pips within seconds. Whatever price you anticipate might end up completely different during this kind of volatility. This is particularly dangerous in case of limit entry orders. News volatility creates uncertainty and even if you manage to catch the price movement wave on time, it can and it will in most cases turn the other way around and case you major money loss.

Reason 2: Forex Brokers Limitations

There are forex brokers (usually the ones with fixed spreads), which stop you from limit orders and market orders right before the actual news release. Your trading platform doesn't simply "crash" - it freezes because the spreads are too wide and your forex broker chooses not to loose money.

Best Forex Robots Review - Discover What Every Forex Trader Should Know About Forex Trading Robots

Best Forex Robots Review - Discover What Every Forex Trader Should Know About Forex Trading Robots

If you are looking for the honest best forex robots review then you have come to the right place. Do you think that forex trading programs are really effective? Do you know that thousands of newbie as well as experienced traders use these kinds of automated programs everyday in their currency trading?

There are currently hundreds of robots in the market which makes many traders confused and overwhelmed with the sheer number of choices. It becomes very difficult for an average trader to select the right software which fulfills his/her needs. There are also many scam programs out there in the market which is why it becomes very important for all of us to learn how to select the best out of the rest.

This article will teach you how you can select the most profitable and reliable currency trading software which will speed up your investment process and further maximizes your overall profit in the short term as well as long run.

But first let me clear you some important things about these programs and that is to not expect any miracle results from them overnight. It takes a while to see sizable profit from them and final decision process lies only in your hands. There is a learning curve like any other software and you need to continuously test and tweak the system as per your requirement.

When you are going to use any forex robot then you should look out for following characteristics to get the maximum benefits from them:

1) Quality after sales support and end user training: It is very important that you learn all the basic operating parameters and you should expect high quality after sales support and user training from well known software developers. Many established brands provide their end users all the required training and support to solve any technical problems.

2) Easy system install and setup: You should also look for the programs which have easy installing process and remote server installation. Remote server installation means your account is created and installed on the remote web server and you just need to log in to your account to monitor your day to day activities. It is very convenient for newbie traders and saves a lot of time.

3) Tweaking ability of the robot: Depending on the current market conditions you should be able to tweak and change the trading settings in the software. It is very important that the software you use have these kinds of tweaking abilities so that you can easily trade as per the market change.

Forex Robotic - Trading on Autopilot

Forex Robotic - Trading on Autopilot

If you are worried about entering the forex trading industry due to the complexity involved but nevertheless want a share of the pie, then you must consider the option of using forex robotics to help enter in the right manner. Forex robotic has been around a while but only now is gaining ground with the massive improvement in technology as well as the use of complex algorithm to formulate a solution to your forex problems.

The main selling point of a forex robotic is their simple and easy to use interface. They remove the complexity by showing you only the absolute necessary things that are required to deal while using the forex industry. A forex robotic also help you understand aspects of the market and comes with a detailed manual that is aimed to teach you the intricate details of trading.

Additionally, you can buy higher end versions as time progresses so that you can have access to more advanced features once you are ready for it. Always keep in mind that while forex robots are an easy way of doing your trades, you should not be overly dependent on them and learnt to develop your own skill with time. Despite the numerous advantages offered by forex robots, they are not without the shortcomings and one should learn to not trust them more than they ought to. Keep your investment in check manually once in a while and only use the forex robotic if you are unsure about something and need a second opinion. Do not succumb to the temptation of trading completely using forex robots as many people have a lost a lot of money doing so.

If you're thinking about choosing a forex robotic now for yourself, than the big question now is, "which one to choose?" One great way to compare these software programs head to head is via a forex robot reviews page These companies do all of the work for you to figure out what the best forex robotic is. One great website that does this really well is http://www.dailyforexinformation.info. They always stay up to date with the latest and greatest forex robots in the industry.