Forex Killer Review – Make Money With Forex

If you are fairly new to the World of Forex Trading and looking to get your hands on a proven system that can help you generate a decent income off the Forex Market then you may want to look into a product entitled Forex Killer. Basically, Forex Killer is what’s known as an automated Forex trading system or an expert advisor. It is a computer program that’s designed to trade for you, without you having to do much work, apart from having to spend a little bit of time to set it up. Essentially Forex Killer is a software that acts as an experienced trader and offers you valuable information on when to enter into profitable trades without indecision and emotions.

The system was created by a former Deutsche Bank currency trading adviser known as Andreas Kerchberger, these days he is a professional home based Forex trader and businessman. However does gaining years of experience working at one of the world most prestigious banks mean you are worthy enough of creating a seriously profitable Forex trading system?

The Forex Killer software applies a unique system to figure out when to buy or sell currencies, it works by breaking down the percentage in pip change and computing an ideal buy/sell time. The software contains complex mathematical algorithms which analyze the Market to figure out when to buy and sell. The program is very user friendly and all you have to do on your part is input some simple data into the Forex killer calculator and it will do the rest, coming up with the…



Source by V. Singh

Best Forex Trading Software – What Is the Best Forex Trading Software in the Market?

You can always buy the best forex trading software but remember that its function is also dependent on your knowledge of the market. Once you are aware of the market your software can efficiently streamline all the processes for you. The easiest way to learn the ropes around this market is to open a flexible “demo” account. You can open it with any forex trader on the internet and start practicing.

While you are at it, you could start using the best forex trading software in order to get used to it. This way you make trades suited for your advantage. Nobody ever trades with real cash unless they are confident about the market basics.

The best forex trading software should be able to maintain its pace with the ever-changing forex market. The data that needs to be analyzed and put into consideration is a mighty lot to be done manually. The best automated currency trading system will receive all the information as soon as it is available. It will then make trades based upon the criteria you’ve assigned to it.

The best forex trading software should ideally provide you with “trading signals.” These signals are simply indications that are provided by another party who recommend whether or not you should trade. These trading signals are very vital and should be acted upon immediately.

The best automated currency trading system allows the trader to place orders commonly known as “stop-loss”. These automated orders allow your currency to be sold if its value becomes lesser than that…



Source by Morgan Anderson

Trending and Trading Markets – Finding The Correct Indicators For Each

A trending market is one where prices move strongly in one direction, either up or down. The best way to visualize this price pattern is by drawing a line that follows the slope of the prices. Another hallmark of a trending market is the steady move to new highs and higher lows. Conversely, in a down trending market prices would be making lower lows and lower highs.

Trading markets don't make new highs. There is no discernible persistent move in either direction. Prices tend to ping back and forth near old highs and then fall to prior lows. Sketching this type of price action would reveal a series of peaks and valleys.

Trending markets need lagging indicators. Moving averages (simple, weighted, exponential) are in this category as is the MACD (it also has a leading component, too). These indicators will maintain you in a trend as long as the trend remains intact. Lagging indicators are unsuccessful in a trading market – moving averages tend to flatten in a sideways market and offer no useful information.

There will always be periods of consolidation in the markets to frustrate traders. The Relative Strength Index (RSI), Stochastics Oscillator, and Williams% R are some of the common indicators found in most charting software. These tools swing between oversold and overbought and are usually bounded by an upper and lower range.

Trading markets can be difficult to trade. Despite the use of oscillators there will be an increased frequency of trading…



Source by Karen Stanlake

How RSI Uses Statistical Data to Improve Your Forex Trading

How often have you been ready to enter a trade and wonder what the odds were that it would succeed? Or perhaps you wondered over the past month if there was a best time to trade a certain signal? Even better if the signal was at a certain point on and indicator like RSI, the Relative Strength Index, you could know ahead of time where it was? And what if this data was kept up to date so every time you trade you would have the highest chance to be correct?

Adding statistical data, the next level in highly profitable trading

You have your signal but you are not sure which direction to trade and you are not sure if you will have enough momentum to carry the trade to profit. You are also unsure of the location of the signal to trade; is it the best place to enter? How can you answer this question?

This is something that can be done and is being done trading what are called RSI Reversals. RSI Reversals were first discovered by Andrew Cardwell. They are momentum changes in market prices. When these reversals are teamed up with statistical data such as the following they become extremely profitable opportunities in the trading of currencies.

Momentum and profit

The most important piece of information for high position trades is momentum. This is what happens in the market to drive your price to a profit. Without it your trade is often taken out by “trader noise”. One of the best known and most successful currency traders is Michael Marcus who was interviewed in the highly read trading…



Source by Paul W. Dean

The RSI Paint Indicator Makes Your Trade Entry Objective, Not Subjective

Much is being written these days about objective and subjective trade entry methods. If you are unfamiliar with this I will attempt to explain the difference in this article and provide and example of an objective signal using The RSI Paint Indicator.

What is a subjective trading signal?

Most of us are aware of subjective trading signals because most of us learn from others who are using these signals who learned them from others. For example, the hand drawn trend line. Although there are rules to drawing trend lines, nearly everyone draws them differently. Given the same trading chart 10 traders might select 10 different places to draw their trend lines. Who is to say which is right or wrong?

That is the point, subjective signals like hand drawn trend lines are interpretive. There can be any number of reasons for placing them from spot to spot and it is impossible to prove them right or wrong because they can’t be programmed to be the same each time.

Chart patterns fall into the same category and although we see them and think they tell us something specific there is no statistical data that proves that what they tell us is significant; again because the pattern is not programmable. It tells a story but that is it, the story has many meanings depending on who is telling it. This is true of many of the methods that traders use each day in the market and swear by such as; Elliott Wave, Gann, and Fibonacci.

What is an objective trading signal?

An objective trading signal is…



Source by Paul W. Dean

Forex Trading Tips – Using A Forex Signal Service

Forex trading offers exciting possibilities for traders to make substantial profits. New traders sometimes choose to use a Forex signals service to alert them of potentially profitable trades. Anyone new to Forex should be aware that there are certain risks involved using these services.

Not all signal services are equal. Many are very well respected firms, but be aware there are some unscrupulous people who will set up a website, and claim to be trading experts. Some of these operators use a computer program to generate the trading alerts and the parameters used to signal trades are never truthfully revealed to subscribers.

If you subscribe to one of these services you will be well advised to do a thorough background check on the company before paying for their services. Ask for references and do not hesitate to follow through and investigate before you invest money with any signal provider.

Just as there is a difference in what signals are used, investors often differ in the way these signals are used. Some may decide to take certain signals into account but not necessarily act on them, preferring to trust their own instincts that may tell them otherwise. Others may trust the signals to such an extent that they set things up so that the signals automatically trigger a position in the market. This eliminates the psychological element of investing and places the signal above any other determining factor.

For new traders a signal service may be the best…



Source by Ben McArthur

Forex Executor Review: The Simple Pros and Cons

Forex Executor is a forex signal service membership program developed by Victor Harrisson and Richard Chandler that uses both computer and human interaction. In simple terms, the program participant chooses a pre-defined trading style – based around the conservative, medium, or aggressive trading styles – which is then traded by a human being. The program generates trading signals gathered by its computer software, which is then analyzed by the human trader who decides whether or not to place the trades. Each human trader is then monitored by the FX Executor program administrators for effectiveness and accuracy. When necessary, traders are replaced.

A highlight of the system is a trade copier software which allows the participant's account, using the MetaTrader 4 platform, to automatically open the same trade that the human trader is placing at near real-time speeds. Actual users of the program report that they are able to get into trades, if not at the exact same point as the program trader, at least within 1 or 2 pips of the trader's entry point. Overall, most users have been impressed and please with this feature of the program.

The Cons

Prospective users should not be lulled into a false sense of security about this program. If you are new and are lacking in experience trading a forex account, you may run into problems using this system to your advantage. Anyone using a system like this needs to spend the necessary time educating themselves about forex



Source by Thomas Eliot

Forex Charts – Essential Indicators For Bigger Forex Profits

If you want to use forex technical analysis, then you will need to look at forex charts to decide where to execute your trading signals.

You will of course need to combine indicators to do this – Here we will give you some essential ones, to help you achieve currency trading success.

Before we look at how to use forex charts correctly, lets make two things clear.

1. Day trading

Do not even try and attempt it. The time frame is to short and all volatility is random, so you have no valid data and will lose. Day trading profits is one of the biggest myths of forex trading – Don't fall for it.

2. You can't predict market turns in advance

Forget the far out investment theories like Elliot wave, Fibonacci numbers, cycles etc that are supposed to repeat with scientific accuracy – they don't. If they did everyone would know the price in advance – so there would be no market.

Right lets move on and look at forex charts and how to get trading signals for longer term profits.

Determining the trend

You have a choice trend lines or moving averages.

The former are better, as you have more precise levels but there is no harm in using moving averages as back up.

Your main aim is to determine support and resistance levels and decide if they are going to break or hold.

Determining Price Momentum

You need to ALWAYS trade in the direction of price momentum. An accelerating price momentum through resistance for example would favor the bulls; if price momentum…



Source by Monica Hendrix

The Uses in Forex Trading of Moving Averages and MACD

Moving Averages: If you consider the “trend-is-your-friend” statement of technical analysis as a true sentence, the moving averages will be very helpful. Moving averages tell the average price in a given point of time over a defined period of time. They are called moving because they reflect the latest average, while adhering to the same time measure.

A weakness of moving averages is that they lag the market, so they do not necessarily signal a change in trends. To address this issue, using a shorter period, such as 5 or 10 day moving average, would be more reflective of the recent price action than the 40 or 150-day moving averages.

Alternatively, moving averages may be used by combining two averages of distinct time- frames. Whether using 5 and 20-day MA, or 40 and 150-day MA, buy signals are usually detected when the shorter-term average crosses above the longer-term average, i.e. price will likely go up. Conversely, sell signals are suggested when the shorter average falls below the longer one, i.e. price will likely go down.

There are three kind of mathematically distinct moving averages: Simple MA; Linearly Weighted MA; and Exponentially Smoothed. The latter choice is the preferred one because it assigns greater weight for the most recent data, and considers data in the entire life of the instrument making of it a more accurate indicator. More information here; [http://www.1-forex.com]

MACD: Moving Average Convergence Divergence: MACD is a more detailed method of using…



Source by Adrian Pablo

Mastering Meta Trader 4 to Increase Forex Profits Using FAP Turbo

Meta Trader 4 is the only known trading platform that facilitates trading robots like FAP Turbo. This is also the reason why this is the most popular trading platform today. If you are using FAP Turbo with your trades, then there is something that you can do, which will exponentially increase your profits in Forex trading. This article will teach how to utilize the trading signals of Meta Trader and use it to configure FAP Turbo in order to help you have better trades.

It is true that FAP has the ability to adapt from the market trend, but it will be better if you also know how to adjust the robot in order to have better results faster. You can do this easily if you know how to understand the different figures and charts that are presented by the Meta Trader 4. This trading platform also generates trading signals, which contain that data about the current trend of the market. All you have to do is to learn how to read these things and simply configure FAP in order to be prepared for the coming changes in the market.

FAP Turbo can only adapt to the changes in the market trend when it already happens. If you know how to use the Meta Trader 4 to your advantage, you can make the necessary changes before the change in the trend takes place, which will save you a couple of winning trades. This will increase your earnings exponentially, and will also minimize your losses related to changes in the market trend. This is another way you can increase your earnings…



Source by Nicole Anne Smith