Make more money? Even replace your primary income?
Our goal is to be a comprehensive resource of information, strategies and tools for all forex traders, both beginners and experienced traders alike.
In Why Trade Forex we compare trading the forex market to other types of investments: stocks, commodities and real estate highlighting the benefits of forex trading. We discuss what is forex trading and the general concept of foreign exchange for those unfamiliar with the subject. We also look at the economic climate and make the case that forex trading could be a needed source of additional income. Including forex trading basics, this serves as an introduction to forex trading.
If you're new to trading the foreign currency market we offer numerous sources of Forex Education including several Forex Trading Schools that have free forex courses enabling the beginner to learn to trade forex. Good currency trading courses and forex trading tutorials are a great way to learn forex currency trading online.
Our section on Preliminaries covers such fundamentals as forex trading hours, forex options, scalping, staying on top of forex trading news and setting up your charts.
Strategies goes into the different timeframes you can trade, the ever-popular day trading forex currency. We refer you to a series of ezine articles on trading strategy and an off-site blog that illustrates some of those same strategies. We cover a few of what we consider to be the best forex trading systems as well as some popular trade set-ups. Finally we get into the all-important area of money management.
The section on Tools and Indicators includes a great source of indicators for the MT4 trading platform, a review of Expert Advisors (EAs), sometimes called "robots" that trade your account automatically, 24 hours a day. We show you some sources of automated forex trading and take you to a discussion of forex trading signals. This is as close to Forex Secret Trading or Forex Tip Trading as you'll get.
Resources provides a free forex ebook, articles on psychology of trading, Fibonnaci, Japanese Candlesticks, Economic Indicators and a valuable Cheat Sheet that tells you when trends are most likely to start in specific currency pairs. We also include an extensive article on Day Trading Forex Currencies by a leading expert.
The section covering Forex Brokerage Firms reviews nine of the best known online trading companies, what to expect and what to look for. Broker forex trading can be quite different from one company to the next. Many offer forex managed accounts.
Buy Forex Signals makes specific recommendations for sources where you can purchase trading signals. Some of these are executed automtically.
Forex Articles is a collection of articles we've published on various forex-related topics over the last few years. You can find them in many of the more-popular ezine directories and blogs. They're all in one place here for your perusal.
News, Rates and Calculators is a series of constantly updated sources of information enabling you to stay on top of developments in the forex market.
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Many pages on our site offer you the opportunity to leave your own input. We welcome contributions and many will be incorporated into our site.
We urge to you take your time and go through our site and make use of the many resources available. We welcome your comments and feedback. Please use the Contact Us form to get in touch.