WORLD FOREX INFORMATION

It turns out that our demo server has been crushed by a bad motherboard and other issues, so all of our trading robots will be on hold for a few more days. We will post our results as soon as we have it back on line.

What else can we say about this Forex trading robot. It is now up 219% and who knows where this robot will go at this point. The settings have been great, giving us great gains when the market is moving in big swings. When you are trading currency pairs like the beast, you always need big movements to have nice gains

We will start monitoring results as of May 4, 2008.
Our setup – Demo Account at InterbankFX
Starting Balance – $10,000
Money Management turned on so our amount of lots trade will increase as we make money and decrease as we hit draw downs.
We are trading 10 currency pairs.
All of our settings will be default.

Our Rules – We will run the robot continuously in a Forex Auto pilot mode and not touch it unless we run into a software problem. The robot will be active during every news event as well. We will update this page as the results come in over the coming months.

Here is a look at the platform on Day 1. We have already entered a few trades. None of them have closed yet

We got off to a fast start setting the robot up only because we know the Metatrader platform. For novices this setup can be pretty complex and it will require patience. Don provides several tutorial videos and write ups to help you get through the initial setup. Once you are all setup there is not much else to do except watch the software in action. Setting this robot up will help you learn the platform as well. With the amount of programming the fee of $199 seems very reasonable. Now all we have to do is make a profit and we can say the $199 is very cheap.

We are pleased to offer you information about the Forex robot software created by Don Steinitz. After many emails with Don, we are excited to share with you, our review and performance of this trading robot. You don’t always know who are dealing with when buying a product, but Don was very open and very responsive to all our questions. We worked out a way so we can share the performance of this trading software and hopefully prove to you that it is one of the best robots on the market.

After reaching new highs with our demo robot, we have taken a step back in this consolidation of the Sterling Yen. We will look to get back on track tomorrow. The $5,000 account which reached highs of 66% is now only up 20%. A lot can happen in a couple of trading days.

Are you looking for a Forex Signal service provider? Not all signal providers are created equal.

Netpicks.com is one of the major players that has been around for a very long time. A lot of signal providers come and go, but Netpicks has stuck it out because there systems are always evolving with the markets.

You will need to try there free trial to be sure if it is for you or not. We will never guarantee you will make money with a signal provider, but you can be sure this is not a Forex scam of some sort. There are plenty of them out there, but Netpicks has great customer service behind it.

Forex Trading Results – Posted April 28, 2008
Last 30 Days = 903pips
Last 90 Days = 1743 pips
Last 180 Days = 3257

The results doesn’t mean you will start receiving the same yourself. We want you to know that they have had positive results in the past. Always do your due diligence. This way you protect your capital for the long run.

Included with their Forex package is a e-mini futures trading signal service that you may be interested in if you are a futures traders. We can’t speak too much about this service since we never used it before. That is why they have a 14-day free trial to help you decide if it is worth paying for.

A stock option gives an individual the right but not the obligation to buy or sell a stock at a pre-determined price. With that said, most people simply trade options for profit rather than buy them to end up owning the stock. Option prices generally move in conjunction with the parent stock.

The beauty of options is that you, as a trader, are able to capitalize on the movement of some of the hottest stocks trading for only a fraction of the price of the stock itself. One of the most exciting things about having your account with Zecco is the trading community. You’ll be there on the cutting edge with thousands of other traders, many of who are more than willing to share the hot picks of the day. This alone makes having an account with Zecco a no-brainer.

We’ve really just scratched the surface when it comes to the advantages you’ll receive with Zecco as your online broker. Why not take a closer look for yourself.

Of course, you’ll have access to every major market in the United States. And while many online brokers have become reluctant to allow clients to trade micro cap issues, also known as penny stocks, Zecco is more than happy to facilitate your trades. Micro caps are often known for their volatility. And it’s volatility that makes the way for profits. Doesn’t it make sense to have yet another tool in your trading arsenal? Trading penny stocks with Zecco just might be the tool that makes the difference for you

The object of trading securities of all types is to buy low and sell high or to sell high and buy back at a lower price. This is also the name of the game with Forex trading. The concept is simple. Forex trades are carried out in pairs. In the simplest of trades an individual might buy one currency while selling another. For example, if you were to buy US dollars when they were rising in value against the Canadian dollar, you would want to later sell those dollars before they begin to drop to realize a profit. Simple.

Zecco offers folks new to currency trading easy-to-follow tutorials. Not only that, but you’ll receive $50,000 in virtual funds to ‘get the hang’ of real time trading. You’ll also receive 24-hour phone and chat support (the Forex market is open 24/7).

Two great days in a row put our demo trading robot up 83% since our inception no so long ago. We have attached our trading sheet since the start to show you the low amount of draw down and positive gains we’ve seen. Our account value is now at $9168 going into the weekend. We will try to go for our goal which is too double our money.

If we see a successful trade on Sunday night going into Monday we will be real close to the 100% mark. The beginning of the week was real tough for us, but when you put two winning trade together in a row, it makes up for it much quicker.

FXCM is a very powerful broker option. Behind this fantastic platform is a company in the forefront of the Forex market. FXCM offers many advantages to it’s traders including great spreads and excellent execution. With fantastic customer service FXCM ranks as one of the best in the business.

Opening a demo account is very easy with just a quick download and install. Once that is done you are ready to start demo trading.

You have a very nice and clean looking platform that gives you all the items you need to execute a trade.You have the option of single click execution, but of course you can set your orders as limits, market orders or just about any standard order entry available today. The charts are fairly basic, but work well for most traders.

See the examples below of our Forex Broker reviews and start trading with confidence.
FXCM Review

FXCM Trading Review
FXCM is a leading dealer in the Forex Industry and there are many reasons why. This regulated broker has all the things you want in a Forex Broker. There platform is made for the institutional traders, but perfect for the small trader as well.

1. Spreads as low as 2 pips
2. No dealing desk platform
3. Top-tier customer service
4. Micro Accounts

When it comes to Forex trading, finding the right Broker could be the difference between success and failure!

How to choose the right Forex broker for you? A practical guide for putting your Forex dealer to work for you instead of against you. Many successful traders have had their accounts frozen at low level bucket shops because they did not perform sufficient due diligence before risking their hard earned money. Here at forexnewstrader.com, with the help of Forex Cash Back, we have done the grunt work for you.We leveraged our 20 years of financial markets experience and put together a special report that will open your eyes to the many intricacies involved when choosing a Forex broker. This report will show you a well hidden secret that will enable you to reduce your spreads by as much as half a pip regardless of the dealing firm that you trade with. Obtain your 30 page guide immediately! This report will show you:

How to receive an instant bonus on your deposits?
Factors to look for to make sure your dealing firm is reputable and safe
How to enhance the safety of your funds?
How to receive volume rebates on your Forex trades?
How to find the right Forex broker for your particular trading style?
How to find a good regulated Forex Broker
And much, much more.
The Form above will get you access to the special report.

You may be asking, what the heck, why am i not receiving a Forex Free Bonus. First you need to figure out even if your broker offers them. Most likely you have to go to an Introducing broker (IB) for these bonuses, but for sign up deposit bonuses, you most likely can go directly to the broker. Just remember, are you the up front kind of trader or are you the type of trader that wants to keep getting paid, win or lose on your actual trading stats with a cash back system.

This has been discussed heavily on the site, but Forex Rebates is going to be the norm whether you are involved or not. The line is forming and the brokers are listening. Traders don’t want to pay full price for their trades anymore. They want to work with an Introducing Broker that offers trade rebates. This is a Forex Broker Bonus that keeps on giving. As you make trades you receive a piece back into your trading account or in other ways people payout, like Paypal or check. This is cushion money and it builds up fast. You make a one standard lot trade and you can be earning $6 – $12 for just opening and closing the trade. This is fantastic and it is a win win for every one, especially the trader. Forex Trading rebates will go a long way and to make sure a Forex broker keeps you on board, this is one of the major tactics that is being explored by more and more people.

What if you were to send someone $100 and they call you the next day and say, hey you just sent me $110, but I thought I was only getting $100. Obviously this person was not only excited, but was also intrigued by this gesture. The point is, what if you received a percentage of free cash into your trading account for only opening a new account with the broker. The brokers gesture is to make you happy of course and to have you stay with them for the long haul. They don’t want to see you leave soon after opening for another firm, they want you to stay for as long as you can. This Forex account bonus can go a long way in this type of trading environment. Usually what will happen as well, is if you were unfortunate to lose most of your trading money, they may send you a message asking you to make another deposit and a long with it another bonus. This is more of a reload bonus then a sign up bonus.

A nice start to the week for our robot. We took one trade last night and it was on the short side. The trade only took a few hours to reach our target profit point. Unfortunately we had to restart our demo robot, but at least we can just start it from scratch. We have only traded a few days with this one, and we are up 11%.

We are still monitoring the breakout robot for the Pound Yen. Today turned out a bit strange due to the closed market for the Easter holiday. I think the robot got a bit confused and used the wrong high/Low for this trade. Although we made over $230 on this trade, we should have had the whole target profit in our account. These things happen sometimes, so we need to monitor it around in the future around holidays.

Using these robots is quite fulfilling when they work out. Here we go again. We took two trades last night, one for a lost and the other reached our target profit. The great thing about it reaching the target point is that it retraced 50% after it hit. Getting all the mileage we needed before a turn around is nice. The trailing stop was there in case we needed it, but in the end we made out well. This demo account is now strolling in the green again. We started with $5000.

The beast was tamed last night for sure. After nine trading days, we finally saw the power of the trading robot and keeping the emotions out of it. We knew once the GBPJPY broke out of it’s tight range, that the system would follow through too the end. The demo account took one trade and never looked back giving us a full target of 185 pips. Our account is now in the green by $1674.49.

We waited several days for this too happen. We were close on several occasions, but with the beast’s latest range, it made it very difficult. During the days or weeks when we are in a range without too many breakouts, you usually find yourself in some rough patches, however we never had too much drawdown with this trading system. We will continue testing this strategy next week to see if we can continue the success. If you would like more information on this strategy please contact us by using the form above or on our contact page.

Why Metatrader is the best way to trade Forex?

Many Forex traders that enter the market are clueless on how to trade. Most, if not all Forex brokers offer demo practice accounts to get you adjusted to their platform. The great thing is a lot of them are Metatrader brokers. This means their core platform comes from a company called Metaquotes. These brokers more or less lease the software and allow the traders to build their trading strategies.

The most powerful thing you can do with this software is create your own trading strategies and program them into an Expert Advisor or EA for short. These EA’s are state of the art and allow you to auto trade the strategies. Auto trading is a phenomenal thing, in that you don’t have to be at your computer for trades to open and close. The stability of the platform is fantastic and the only thing that may carry some worry when you are not present is your Internet connection.

The top 10 reasons why you should use the Metatrader ( MT4) platform:

1. The Metatrader platform is versatile and very stable.
2. There are plenty of Metatrader brokers to choose from.
3. You can find metatrader expert advisor programmers to create your strategies into EAs if you can’t do it yourself.
4. If you look hard enough you can find free meta trader EA’s.
5. The software is free to demo with for as long as you want.
6. You can create your own Forex Trading Robot.
7. You can create as many Trading templates as you wish.
8. You can manually back test all the strategies you plug into the system.
9. The charts are very clean and very easy to read.
10. The reporting gives you full statements and information without logging into a broker website.

So, why wouldn’t you use Metatrader as your platform for your Forex trading? The only real way to know if this platform is for you is to open a demo account and start practicing with it. Metaquotes

Forex Auto Trading is a fantastic way to trade for people who have too many emotions or can not be in front of their computer all the time. Autotrading will give you the freedom to test as many robots or EA’s as you wish without risking a dime.

We will go over some Auto trading robot’s and find the ones that work.

Trying to figure out which autotrade method will work for you may take some time, so you will need to be very patient and not get discouraged. The creation of demo trading allows us to test as many autotrading methods that are available to us, which is a fantastic thing.

Six Auto trading Methods that come to mind

1. Scalping auto trading
2. Breakout Auto trading
3. Pivot Point trading
4. Fibonacci auto trading
5. News Straddle System
6. Moving average crossover

Which automated Forex trading strategy is the best? We will work as hard as we can to find out. If at any point you have any questions or feedback please let us know so we can find an answer for you. Trading is an art and as traders we want to share our projects with you, whether they are worthless or profitable. You always need to keep in mind that past performance does not mean you will have the same future results.

A lot of Forex Signal providers will send out Forex Alerts using an SMS system that will send the signal to your email, cell phone, or any other device that can receive these types of messages. The one thing you need to consider when signing up with a Forex Alert provider is to know how well the alerts are sent to you. If you are getting the Forex signals too late, what good is it to you and your bankroll. Once you find a signal provider be sure to ask them the appropriate questions on delivery times and guarantees. This is one area that may cost you more money than you want.

Having a good provider is nice and will improve your daily time schedule since you won’t have to sit at your computer all day. Even better is if your Blackberry or Iphone can make trades for you, then you won’t even need a computer at all. This is a huge factor.

Finding the programs out their can be difficult, but make sure your due diligence is involved. Keep the provider in check so ask all the appropriate questions. If you get solid responses then most likely a free trial is well worth it, especially on a demo trading account.

If you find a good alert provider please let us know more and we will let more people know, just fill out the contact form on the contact page

Looking for the perfect Forex trading strategy is a waste of time. No trading strategy is perfect for every trader. You can’t expect to win every trade you take. However, you can lose 99% of the time if the 1% that win are bigger gains than the losing trades combined. No one wants to lose 99% of the time. You need to be realistic with your methods. You need to work through the motions and don’t expect everything to come easy and perfect.

Forex News Trader can provide you with tools to help increase your trading performance over the long run. By using these techniques you will feel more comfortable and confident in your trading going forward.

There are plenty of trades during the week. If you miss a Forex Trade, another will follow shortly. Don’t force trades and don’t let emotions affect your outcome.

Forex trading strategies are a dime a dozen, so choosing the ones you want to use will take some time and effort. The great thing is you will be able to test as many strategies as you want.
Non Farm Payroll Trading Strategy

If you are going to choose a news trade to trade during the month, then the NFP announcement is your best option for movement. If the economic release comes in as expected, you will only see a fair movement on the currency pair you are trading (GBPUSD). If the announcement comes in better or worse than expected you can expect to see some fireworks. What looks to be a dud sometimes can work out to be one of your better trades. You need to watch for more than just the release. NFP Strategies can kick in at any moment. Watching a short term chart as the news comes out, wait until a support level and a resistance level are formed. Once either of these lines are broken, enter the trade looking for as much profit as possible. Once in profit, it is wise to move your stops closer to your opening price.

Remember, to keep the profits going in the right direction for your trading strategy, you need a few things working for you.

1. Having the right broker could be the single most important thing, especially when it comes to trade execution
2. If you want to lower your transactions costs, receiving Forex Rebates is a must. Start earning Forex Trading Rebates now.
3. Keep your emotions out of the trade and trade with a positive attitude.

From the Desk of Dustin Pass, Professional Trader and Forex Funds Manager



Dear Forex Trader,



* Would you like to make more money with a lower risk of loss, in a far less stressful manner, and in a fraction of the time you probably devote to trading now...



* Would you like to get in on one of the most success moneymaking strategies of the big institutions...



* Would you like to avoid years of trial and error and financial heartache and trade like a professional Forex trader today, versus the other 99% of traders that fail and lose big time...



* Finally, would you like to be in and out of your trades in minutes versus hours or
even days...



To receive your FREE Forex "Live-on-the-News" Trade Calls, simply enter your name and email address in the form below...On the US ISM release, you will see the RSS software alerts to a revision / conflicting data which allows me to instantly get out of the trade and NOT LOSE where others may have lost big time.

*Trading Forex Live-on-the-News is actually quite simple when you understand how. You do not need a crystal ball or 15 years on Wall Street to get in on the action...*

All you really need to know is:

� What announcement will move the Forex markets significantly?*

� How to get news releases instantly without delays? *

� Where to find accurate forecasted numbers for the upcoming news?*

� How different the actual numbers must be from the forecasted numbers to move the market?*

� What does the number mean to the country's economy, and how will the currency react to it? *

� When to take your profits and cut your losses...*

There are over 500 Forex data news releases a month, out of those 500 news releases I concentrate on approximately 30. Of the 30 news releases I expect 15 of them to be tradable.

Sign up for your FREE Forex Trade Calls today... and discover how I have been able to make more money with a lower level of risk, in a far less stressful manner, and in a fraction of the time I used to devote to trading now...

Sign up for your FREE Forex Trade Signal Service today... and begin to discover the key dynamics of this trading system and learn more about our exclusive Rapid Signal Software (RSS).

To Your Trading Success,


Dustin Pass
Professional Trader and Forex Funds Manager

What are Forex Rebates? FX Rebates are a payout for the volume of trading you run through your Forex Broker. These rebates can add up to a significant amount capital if you are trading in the Forex Market. If you are going to trade, you might as well get paid to trade. You are going to pay a spread or commission either way you look at it, so it only makes sense to earn Forex Rebates as you continue your trading.

Finding the right Forex Broker may be the difference in coming out ahead in the long run. FX brokers are your sole connection in this huge market and you have to put a lot of faith in them. We provide you with the top forex brokers and broker reviews to help you decide during this selection process. A new broker we want you to consider is eToro.com, which puts a whole new feel on the Forex Broker business.

Whether you are a beginner or a seasoned trader, we have a service to fit your needs. Do you have a hard time understanding when to get in the market, or is your exit points that need help? There are hundreds of forex signals services on the market, but most are not worth a dime. We only work with the best. We screen them with the strictest parameters – ensuring their performance is real.

These signal providers may send signals by e-mail, voice, cell phone, or a live trading room. We will provide you with a list of the best Forex services available to best suit your trading needs.

Some traders prefer an auto trade type of system which does the trading for you, like FX-System Center, an excellent way to go. We work with a number of providers of auto-trade services which include state of the art software that will execute trades in the Forex market for you. You can learn to trade many different styles throughout the trading day. You can join live chat sessions with live calls in voice chat rooms with professional traders and learn how to trade the Forex market yourself. The options are all available, and now you know where to look.

Our Forex Trading goal is to provide our visitors with the best trading strategies available. We work exclusively with Forex brokers who specialize in news trading, and also include extensive reviews on the best in the business. Any relevant and helpful information related to Forex news trading can be found on this site.

There are many trading methods that exist to help you succeed as a trader, but there also many factors you need to consider before you execute your trades. Each news event moves differently. What we do is provide you with techniques and systems on how to trade these major news events. How can you maximize your gains and limit your loses? Not easily done, unless you truly know what you are doing.

Forex News Trader will teach you the moves you need to make. In volatile or fast moving markets, such as news trading events, it is imperative to be completely focused and on top of your game. You need to constantly learn new styles and techniques if you want to stay ahead.

Whether you profit, or end up like the other 95% of traders, depends on your ability, knowledge, patience, and how the market moves that day. With such a large world market there are numerous opportunities to pull profits on a consistent basis.

If you’ve spent thousands of dollars to learn strategies that do not work – you are not alone. In fact, in a recent poll of over 5,000 active traders, the majority have spent over $3,500 on education. Some people drop more money into Forex courses then into their own trading account. We offer insider strategies that will give you a huge edge to succeed in the Forex market. You can also learn our Forex Trading Systems and expand your wealth even further. Here is a look at one of our Forex trading videos on YouTube.

Forex News Trader was developed to give traders the edge they need to learn how to trade based on economic news events from around the world. The same edge the institutions use to make hundreds of millions and even billions of dollars in profit each year.

Forex News Trading will provide you with the information you need to give you a true insider’s understanding of the Forex markets. You will feel confident in your trading, and never doubt your trades again.

Does this mean you will win every trade? No, of course not, but armed with the knowledge Forex News Trader will provide you, you will never be afraid to take that next trade – as the odds will now be tipped in your favor.

Each and every month there are a tremendous number of news releases for the Off Exchange Retail Foreign Currency Market (FOREX). Many of these events and announcements move the markets considerably. But how do you properly capitalize on these moves? Get it wrong and you could be wiped out. Get it right and you can be in a small group of trading elite, consistently pulling pips out of the market each and every week.

FXstreet.com (Barcelona) – The Dollar's decline against the Yen from Friday's high at 91.30 has continued during today's session to break MA55 hourly chart level at 90.50 and trade at intra-day lows close to 90.35. Currently the pair is trading around 90.50/60, 0.45% below today's opening price action at 90.95.

Initial support level lies at 90.30/40, and below here, 90.15 and 89.70/90 congestion area. On the upside the Dollar might find resistance at 91.15, and above here, 91.35 (Oct 16, Sept 25 high), and then 91.55/65 (Sept 23 and 24 highs).

Karen Jones, Analyst at Commerzbank, expects the USD/JPY recovering to trade above 92.50 as Commerzbank views the recent low as key turning point: “We look for recovery to 91.75 (the July lows) then 92.55/90 (50% retracement of the sell off from August). The market has recently rebounded just ahead of major support, which extends from 87.60-86.30 and contains this years lows, a 14 year support line and an inter-year pivot line. From a longer term perspective we view the recent low as a key turning point.”

FXstreet.com (Barcelona) - The Pound has weakened somewhat during the day and from Asian session high at 1.6370, the Pound has dipped to 1.6240 to bounce back, reaching levels above 1.6300 at the moment of writing.

On a wider perspective, Valeria Bednarik, collaborator at FXstreet.com sees the Pound consolidating with a slightly bearish perspective: "Pair remains consolidating with a slightly bearish perspective at this point. 20 SMA still flat above current level in the hourly, needs to turn to the downside to support indicators that turned down. 4 hours charts still show upside limited while 1.6200/10 is still the support zone to watch for a break lower."

Support levels, according to Bednarik, lie at 1.6260, 1.6230 and 1.6200. On the upside, resistance levels lie at 1.6350 1.6400 1.6470.

FXstreet.com (Barcelona) - The Euro has shrugged off weakness seen during Asian session and, after bouncing at 1.4825, the pair has reached 1.4950 area, and according to Stoyan Mihaylov, technical analyst at Deltastock.com, targeting 1.5104.

The pair seems ready for its next leg upwards, with main target at 1.5104, says Mihaylov. "Recent low at 1.4827 was a test of the 1.4812 support area and the pair is ready for next leg upwards, to 1.5104 main target. Intraday resistance comes at 1.4967 and crucial is 1.4872."

In a longer term view, Mihaylov observes the Euro in a broad consolidation after bottoming at 1.2331: "EUR/USD is in a broad consolidation, after bottoming at 1.2331 (Oct.28,2008). Technical indicators are neutral, and trading is situated above the 50- and 200-Day SMA, currently projected at 1.4134 and 1.3523."

The beleaguered dollar found no reprieve in the Wednesday session, extending its losses to fresh 14-month lows against the euro and Australian dollar to 1.4934 and 0.9156, respectively. A shift to riskier assets was triggered by a stronger than expected earnings report from JP Morgan Chase, prompting advances in the US equity bourses with the Dow Jones, Nasdaq and S&P 500 all gaining by more than 1.2% by afternoon trading. The Dow Jones edged higher toward the psychologically key 10,000-level, briefly breaching above it on an intra-day basis for the first time in a year.