The Easiest Way To a Forex Fortune - And How To Avoid a Huge Loss

By Joe Wolfe
Everyone seems to be jumping on the forex bandwagon because there is serious money to be made. However, here's a dirty little secret: the majority of people of people who start trading on the forex (foreign exchange) end up with a loss. Furthermore, a significant portion of these people end up with a HUGE loss.
The problem is that most people are using a technique(s) that is at least a step or two behind. The technique they are using may have worked really well in the past but the forex changes so rapidly it is difficult to keep up.
If you use forex software, it is usually designed after a successful forex strategy that USED TO work well but doesn't work as well at the time you use it. This problem can be reduced by using forex software that has a really real live human being behind it and is working with a really fast programmer who is updating the software at exceptionally fast and furious speed. However, it's almost never fast enough. In fact, I know of no software that updates fast enough to work all that well. I do know a few people who use top-rated software and they about break even.
If you've studied the forex strategies written by experts, there's a good chance that the information was out-dated the moment you received it. Then, by the time you read it and digest it and figure out how to implement it, it's REALLY outdated!
So what do you do?
How do you make money with forex?
How can you get around the problem of out-dated information in the fast paced every changing world of forex?
How can you receive real-time information that is based on techniques that are working right then and there?
The most honest answers to these questions is to find a way to copy an experienced and highly successful forex trader in real time. You want them to send you forex signals in real time (NO DELAYS!) and then you want to copy what they do in real time.
Now, I need to tell you that a quality service like this is as rare as a precious diamond. In fact, I only know of two services that send forex signals fast enough and from an expert who is fast enough on his feet to constantly adapt the ever-changing foreign exchange - to make it so you can copy what they do and make a lot of money.
If and when you do find a service like this, you need to understand how valuable and rare it really is and hop on that opportunity as quickly as you can because I predict this type of service won't be around forever.
I also highly recommend that you don't use real money to test the service but rather sign up for the service and then trade in a demo account for at least a month before you use real money. This will show you how good the signals are and it will help you drastically reduce risk.
I've really dug into this and here's the very best forex signal service I have found. The signals are sent in real time (no delays) and the person sending them is one of the best known forex trading experts out there.

The AUD will continue strength - $1.25 anyone?

You might wonder for how long can the AUD exchange rate sustain its strong rise against the USD. I would suggest that it can do it for a while yet. We might think that the strong $A is going to jeopardise our international competitiveness. The reality however is that:

1. Until recently, the USD was being debased more than the AUD was rising. This is evident against other currencies such as the Philippines peso, a strong Asian market, which is not a significant commodity exporter. It should be, but corrupt/failed state impacts its prospects.

2. The AUD is benefiting from stronger commodity prices, but alas they have tends only to strengthen because of a weak USD, which most commodities are denominated in.

3. The Australian economy is such a commodities export machine sitting on the door-step to Asia, so there is good reason to expect strong export income growth, as well as strong business investment.

4. Australia is a net oil exporter. We must remember that whilst Australia produces little oil, i.e. about 60% of its needs if I recall correctly, it produces a hell of a lot of gas, and conventional and liquefied gas is priced based on an oil reference price, i.e. If there is a Middle East crisis, a lot more energy dollars is coming to Australia. Mind you some of it will be flowing out again as dividends to US, European and Chinese/Japanese/Korean equity partners.

5. These strong exports is driving more investment, which leads to capital inflows, i.e. strong $A.

6. High local indebtedness: The Australian private household is well-geared to property. The Reserve Bank is going to keep interest rates low so that people keep spending. i.e. It wants people spending as much as possible because the domestic economy will be a little weak...mind you unemployment is pretty good. But people will not be confident about the external world. But interest rate rises will probably depend on if housing turns into a bubble...so there will need to be some increases in prices coming...to cool that market.

It is true that tourism will be hit by a strong AUD, and the government is clamping down on immigration growth. We can also expect some weakness in the broader market thanks to weakness in property. A little weakness in the broader domestic market might actually help to curtail spending. Fears of inflation, problems in the Middle East and the US economy also help.

For these reasons....I think the currency will stay strong.

I just don't see anything negative on the horizon. I don't see China collapsing. High oil prices will hurt Asia more than Western markets, though its probably tensions in the Middle East will probably not impact oil production.

How A Beginner Can Get Started in Forex Day Trading

How A Beginner Can Get Started in Forex Day Trading

By Jeremy Winters

There are many ways that you can earn a living from home, and a very popular way that people are doing this is with forex day trading. Like the stock exchange, you are going to be making many different transfers and trades throughout the day, but instead of trading different stocks you are going to be trading different currencies and exchanging them into other currencies to try to make a profit off of them.
To learn how to do this you are going to want to take a few courses online, or read some literature on trading, just so you can make sure that you know what you are doing. There are many different resources that you can take advantage of, and some of them are even going to be free. You just need to take the time to read them.
There are many free ebooks online that you can read that will teach you how to begin forex day trading, and there are also many different websites that perform this service that you can practice trade on, and they will have tutorials as well. Although there is going to be a lot of money to be made, you aren't going to want to make large investments in the beginning when you first start learning.
It may take you a while to get the hang of things, so don't risk losing a lot of money. As time goes on you are going to find that you are a lot more comfortable with what you are doing, and then you can make larger investments and trades. There are a few different sites where you can monitor the market, and they are also going to be cheap to trade on as well.
Read the different reviews on the internet to see what people have to say about the different broker sites to find out which one has the best reviews. You will need to either create a bank account or link one of your bank accounts to the site so that you have the funds to start trading. Set aside a specific amount of money that you want to use when you are first learning.
Forex day trading is a great way for you to work from home, and make a great living if you can get the hang of it. Take advantage of all of the different teaching programs and tutorials that are readily available, and start out with small investments. The more comfortable you get, the more money you will invest, and the more income you will make.