If you’re still debating social media…

This is my first link
This is my second link
This is my third link

Do you want a reliable expert adviser to relieve you of the routine functions of continuous market monitoring? More importantly, are you looking to avoid the fear, greed, lack of confidence and inconsistency which characterizes most traders?

It’s relatively easy to understand why most people lose money when they are trading Forex. When we see someone promoting this market, they always talk about the great advantages of the forex market but they never tell you that each one of these advantages can also get you in trouble. The fact that the Forex market is open 24 hours a day is an advantage because you can trade whenever you want but you don’t have the volatility needed whenever you want; the Forex market has a high leverage (100, 200 or even 400x).

If you’re one who likes to be in control of your own finances and trades you might wonder why anyone in their right mind would want a managed Forex account. The truth is that they will act in your best interest and can help you come out ahead (they like to get paid as well!). These accounts are not right for everyone, but are a great solution for many.

Typically, in the FOREX market, currencies are traded in pairs. For example, Euro/US Dollar or US Dollar/Japanese Yen. Whenever you trade currencies online, you are then, buying one currency and selling another.

Most Forex Traders will normally use either one of these 2 methods or both methods for their trades. Fundamental analysis focuses on the theoretical models of exchange rate determination such as purchasing power parity (PPP) and the theory of elasticity. Fundamental analysis also concentrates on other major economic factors such as Gross National Product (GNP) that measures the economic performance of a nation economy.

To trade the Forex market, traders must understand the different type trading orders. The following are some of major types of orders that can be found on most Broker trading platforms if one would to trade Forex.

Pivot point is a level in which the sentiment of traders and investors changes from bull to bear or vice versa. They work simply because many individual traders and investors use and trust them, as well as bank and institutional traders. It is known to every trader that the pivot point is an important measure of strength and weakness of any market.

It is known that currencies react to a series of events such as inflation, interest rates, the state of the economy, and so forth. Because of this, it is vital to keep evaluating the various data, in order to form an opinion of the direction the currency of your choice might be heading. Let us look at inflation and what it actually means.

The most important variable in forex price movement is not the sentiment of the participants who ultimately determine the price. Humans are creatures of greed and fear and if you watch and Know how to gauge extremes in sentiment you can make huge profits here’s how and huge immediate profit opportunity.

Using technical analysis and forex charts is an excellent way to make money in forex trading. The problem is there are a number of myths that traders fall victim to and lose. The mistakes are easy to avoid and enclosed.

Well that’s a big claim… I guess I’ll need to live up to it! Do I know what I’m talking about? Well I certainly have some serious experience. In fact, unlike most of the article writers I read, I have very actively traded in the markets almost every day for over 30 years… so I think I can bring you a little real world, hands on perspective. Here’s what you do.