New Forex Trading Strategy

Sunday, December 27, 2009

Build Your Financial Future With Automated Forex Trading System

By John Adams

Forex trading software was made to help people make more money in a shorter amount of time. Many times this software is programmed to constantly monitor the markets and adjust to them to make a profit. This is easier then having a human do it because this software uses a high tech system to analyze all the markets at once. Forex trading is different then the normal stock trading because the markets are open 24 hours a day, 5 days a week. This means that people are trading constantly even while you are sleeping. The problem is that sometimes you may miss a great opportunity to make a lot of money because you either were not at your computer, or didn't know what to look for. Using forex trading software can help you with both of these problems.

If you are one of the many traders who are constantly pressed for time, then having Forex trading software is definitely a must. These applications can actually be categorized into two. These are the ones that generate trading signals and the ones that practically do all the work for you. Knowing which is which is important for you to decide which particular type to go with. More importantly, you also need to find the type that goes well with your own needs as a Forex trader.

If you are looking into forex trading you should give a look to what software is available today. There are many great review sites out there that show you the best software available so your decision is easier to make. It has been built with the beginning trader in mind. Advancements in Forex trading software is a big part of the reason for the continued success of the Foreign Exchange trade industry. The software used to be complicated and hard to understand and even harder to come by, but now service providers offer more user friendly software than ever before. The majority of financial software for forex trading comes with full twenty-four hour live customer support to ensure ease of use and answer questions that may arise.

But if you are comfortable letting Forex software do all the trading for you, then go with the other type. What is nice about this is that you can hold another job and rake more money for yourself and your family with the extra money you make as a Forex trader - all with the help of your Forex trading software. All you have to do is configure the settings of the software so that it can buy and sell currency in the market the way you yourself would.

Still, it pays not to succumb to the saving powers of automatic Forex trading software. It is still important to delve into the market yourself so that you can also learn a thing or two, especially with the fast pace trading trends come at. Sick of spinning your wheels trying to make an honest living online? Have you started using Automatic Forex Trading Software for your business yet? - 23305

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The Best Forex Trading Robot To Trade Forex And Make Huge Profits

By John Adams

Using the IvyBot will change your life because of all of its functions as a personal computer and a robot as well. You will be able to monitor all your investments and activities with this machine. It is greatly functional because of the many features that it has. You will never regret having the IvyBot as your own personal productivity tracker.

In a nutshell, whole concept behind Forex trading is that pairs of currency are analyzed and traded with the hope of creating a profitable trade. As easy as that may sound, the Forex market runs constantly and is affected by any number of economic conditions which could impact the currencies and have a negative impact on the trade. Manual trading requires excellent analytic skills, an understanding of the economic conditions related to each of the currencies and the timing to get the trade done before the conditions change.

Forex robots were developed to take all the burden of analysis and trading and make it easier and more efficient for traders to make a profit. In general, the robots would examine a currency pair and determine if the robot should make the trade or not. Some robots have been more effective than others.

As for the results, it's very clear that all Forex robots, including IvyBot, have the potential of generating profit. However, the metrics used by these robots have to be accurate in order to generate actual profit. Its tests should show a remarkable ROI over a small number of years worth of information. Effective Forex robots should consistently show high profit margins.

It is fully functional in terms of trading options also. This is because of the many great functioning devices that it has within its system. You will never regret having this device as your own. The IvyBot is a different device because it is multi functional and can perform many tasks in one sitting. This is because of the different algorithms that it can do all of the same time. Having the robot will make you tech-savvy even though the machine itself does not require a tech-savvy person to operate it. It will make it easier for you to do the things that you need to. - 23305

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Understanding the Basics of the Foreign Exchange Markets

By Damian Papworth

The Foreign Exchange Market is the platform through which the different currencies of the world are traded. Also known as the Forex or the FX Market, it is the largest of any of the financial markets. The numbers posted in trading volume on a typical day are close to $4 trillion U.S. dollars, with around 1/3 of that amount traded in London markets.

Anyone who has ever changed money in a foreign country has gotten a taste of this system on its most basic level. Over the course of an extended visit in a foreign country, a traveler is sure to notice the rises and falls in the exchange rate.

Looking closer at the process in a newspaper's financial section, an observer might notice the "bid" prices versus the "ask" prices. Basically, a bank will set the "ask" price, which is the rate it will offer to buyers. This rate will be higher than the one someone selling back to the bank would receive (the "bid" price). The difference between these two prices is known as the "spread" and is the way a bank will profit from the Foreign Exchange Markets.

In terms of investment strategies for FX Markets, there are several different ways to approach it. For investors who like to read more extended trends of a national currency, the goal is to find the direction early. On the other hand, there is a lot of money to be made in short speculation, and the key is to guess right while laying down the maximum amount possible.

Because Forex Markets are profitable only when a tremendous amount of money is involved, the average stock market investor may see them as out of reach. The largest banks, which are also the ones setting the bid vs. ask price and getting access to these quotes, control the majority of transactions in the FX markets. Close to 80% of deals made everyday in the Forex Markets are transacted by one of the world's 10 biggest banks. Companies like JP Morgan, Barclay's and Deutsche Bank set the tone.

The Forex Markets are always a breeding ground for speculation. The aggressive investment style of hedge fund managers has been particularly useful in the currency exchange trading. Since the financial officers of governments have the ability to use Central Bank funds to slow down a currency's devaluation, it can prove difficult to see a trend complete its cycle. By overwhelming the market with capital, hedge fund investors have been able to overcome these effects.

The factors which have an effect on a currency's strength around the world are numerous: government budget deficits, as well as trade deficits, are key indicators, along with inflation levels, overall GDP movement, unemployment levels and government credit rating. In addition, political factors may also have an effect on the strength of a nation's currency, as when a nation's citizens begin to sell local currency off rapidly in favor of an international alternative.

One unique characteristic of the FX Markets is they never close during weekdays. Trading goes from New York to Europe to Asia, until the New York markets resume in the morning. - 23305

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The Best Forex Software Trading Can Make You Great Profits

By John Adams

A forex software review is often useful for traders who are constantly bombarded by ads from various services and software packages. Unfortunately, many traders are behind the eight ball before the game ever begins. Selection of the wrong software can put you at a serious disadvantage in the forex markets. Smart traders are choosing the forex autopilot robot in increasing numbers and according to many testimonials are quite pleased with its performance.

Forex trading software helps you in various ways. It starts by assisting you in the formulation of your strategy of attack in the currency markets. Every trader has a unique strategy. Good software helps you refine and test your trading thesis. With the use of historical data and good software, today's individual trader has more firepower at their fingertips as did major institutions only a few decades ago. Many forex brokerage accounts today include a practice mode which further enables testing without the exposure to real losses. Currency trading strategies can be complex and involving several moving parts. Software assistance is often critical in the formulation of the shrewdest trading strategies. Relying on your own guesswork is often a formula for disaster on the forex markets.

In human trading, the weakness lies in the subjective and emotional nature of the individual. Should a strategy fail to work in a certain situation, the human trader might be hesitant to re-use the strategy or might be insistent and continue using a failing strategy in the hopes of recouping the loss.

There are a variety of factors that may render a human trader less successful than the Forex software. Driven by greed, fear or doubt, human traders do not adhere to pre-defined levels. Knowledge and experience are indubitably vital, but human traders must learn to trade without emotions so that they can avoid making wrong decisions.

Another benefit of using the software is that it is able to recognize every possible trading opportunity, which might escape the human trader's attention. Since most Forex software are user-friendly, even beginner traders are able to learn how to use them quickly. In the past without such software, it would have required the trader to expend a huge amount of time and money to learn how the Forex works before they can trade successfully in the industry. The Forex market is no longer daunting and it is not the sole domain of large financial institutions. Anybody can enter the Forex market and trade successfully with the right Forex software. There are several Forex programs available. Most are obscenely poor quality or just scams; however there are a few good ones out there. It isn't logical to randomly choose a Forex program and expect it to create tons of profit. There is much research you need to do before purchasing Forex software. You should look for reviews, see if there is a customer service representative you can speak with, and ask about the features of the product. - 23305

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14th Motilal Oswal Wealth Creation Study : Winner Categories & Category Winners

By Saisha Jones

The 14th Motilal Oswal Wealth Creation Study was held on 17th Dec -2009. Every year, Mr. Raamdeo Agrawal, Managing Director of Motilal Oswal Group, commissions an Annual Wealth Creation Study. The Motilal Oswal 14th Annual Wealth Creation Study (2004-09) is divided into three parts i.e. The Wealth Creation Study Findings, Wealth Creation Theme: Winner Categories + Category Winners = Formula for Wealth Creation in the NTD Era & Market Outlook.

Wealth Creation Study findings analyzes the top 100 wealth creating companies during the period 2004-09. Wealth created is calculated as change in the market cap of companies between 2003 and 2009, duly adjusted for corporate events such as mergers, de-mergers, fresh issuance of capital, buyback, etc.

Five companies - HDFC, Sun Pharma, Reliance Inds, Hero Honda and Infosys - featured among the top 100 wealth creators in each of the last 10 years. HDFC was ranked as the most consistent by virtue of its 10-year price CAGR being the highest. Unitech was the Fastest Wealth Creator in FY09, for the second time in a row. Its 5-year stock price CAGR is a staggering 122%. Reliance Industries emerged as the biggest wealth creator for the third time in a row. It created 1514 billion RS worth of wealth contributing 15.6% of total wealth created in FY09.

The theme for this year's wealth creation study was A Winning Formula For Wealth Creation.

A blend of Categories benefiting from India's Next Trillion Dollar GDP opportunity & their Scalability was the formula for Winner Categories. The formula used for the winning investments was the combination of the category winners & the respective reasonable valuation. The formula for category winners was the combination of the winner categories, the entry barriers & the great management. A combination of the Winner Categories & the Category Winners was the most important recipe for the Wealth Creation Study.

Winner Categories: India's NTD Era will see a huge boom in consumption and savings/investment, which will throw up several Winner Categories i.e. those which grow at over 1.5x GDP growth rate, and are consolidated in nature. The study identifies 21 Winner Categories which are Finance - Credit rating, Finance - Housing, Engineering - Turnkey, Alcoholic beverages, Auto - 2 - wheelers, Finance - Credit rating, Auto - Cars & SUVs , Auto - Tractors, Capital Goods - Power equipment, Construction, , Finance -Banks & Private sector, Finance - Banks & Public sector, Finance - Brokerages, FMCG - Personal Care, FMCG - Processed Food, Gas distribution, Infrastructure, Insurance, Media - Entertainment , Real Estate, Retailing , Telecom.

Category Winners: These are companies from Winner Categories, which have great managements and high Entry Barriers. Great management is one which successfully defends or even increases Entry Barriers and manages growth at least in line with category. Entry Barriers is a simpler term for sustainable competitive advantage - The existence of barriers to entry means that incumbent firms are able to do what potential rivals cannot. Being able to do what rivals cannot is the definition of competitive advantage.

Winning investments: Category Winners bought at reasonable (not necessarily cheap) valuation create significant wealth over the long term. The study constructs a model portfolio for the NTD Era, based on the above principles. This portfolio would have outperformed the markets if purchased any time during the last five years. The category winner in Auto (2 wheelers) was Hero Honda, Auto (Cars & SUVs) was Maruti Suzuki, Auto (Cars & UVs/tractors) was Mahindra & Mahindra, Capital Goods (Power equipment) was BHEL,

The category winner in Engineering (Turnkey) was Larsen and Toubro, Finance (Banks & Private Sector) was HDFC Bank, Finance (Banks & Public Sector) was SBI, Finance (Credit rating) was CRISIL, Finance (Housing) was HDFC, FMCG (Personal Care) was Dabur India, FMCG (Processed food) was Nestle India, Infrastructure was Mundra Port, Media (Entertainment) was Sun TV, Retailing was Pantaloon Retail & Telecom was Bharti Airtel.

To conclude, Winner Categories and Category Winners will enjoy exponential growth in profits. The NTD Era will be marked by sustained boom in savings, discretionary spend and investment. Category Winners bought at reasonable valuation will create significant wealth over the long term. - 23305

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IvyBot Can Adpot To Future Changes In The Currency Market

By John Adams

The previous years has seen noteworthy increases in the amount of Foreign Exchange trading software that are made available for traders in the Forex industry. These robots have improved from only being able to analyse the current market behaviours to being able to not only analyze but perform trading operations for its users. These software programs have a wide variety of capabilities, characteristics and prices. But one of the newest Forex robots which will be taken consideration through this article is the IvyBot.

Let's throw a light on its history in order to see who the founder of this Forex robot is? The answer is that it was a combined effort of the developers that belong to Ivy League. Each one of them has some specialty in certain related fields. They worked and tested this robot over 9 years. Actually, they wanted to build a system that would be able to work on any trading platform. IvyBot is indeed a great advancement in the filed of Forex robots.

Not only that, the IvyBot creators made it possible to continuously keep the robot updated as well. This service is already part of the initial purchase price of the robot and is accessible to a part of their website which only members can access. The robot saves money for its user because of the continuous free update service. Plus, these upgrades add in the changes that have been caused by market unpredictability and behaviour.

The demerit of using robots is that they are usually fixed to the guidelines. They work based upon the instructions that are fed into it. Unlike a common person, they don't have any commonsense. While doing trading manual, if some new change takes place, you take some actions by using your thinking ability on the spot. But Forex robots are not able to do that. Ivybot has the ability to react according to market conditions, but for those whose instructions are provided to it by the developer. If you want to become millionaire overnight by using any forex robot then not choose this software. This software shows successful results but gradually and steadily. Therefore, you must have some patience.

There are a good number of different automated Forex robots which are available in the market and every one of these software programs claim to generate remarkable profit for its users. Although some of these claims are true, there are still a few which are questionable. Most of these software programs have been based on historical information gathered on back testing. The IvyBot is one of the very few Forex robots which went through its fair share of live test trading. The results based on the real market trading have shown steady returns as well as a low drawdown rate. More impressively, the robot has garnered successful trades. In conclusion, the IvyBot has exhibited a great share of potential in the Forex market. Since it is new to the industry, only long term usage will be able to prove the robot's dependability. This study will include the assessment of its upgrades and how good the software stays reliable amidst the ever changing Forex market. - 23305

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