Wednesday, January 13, 2010

The Realm of Automated Trading Systems: The Forex Market

Just how important is an automated system to the Forex trading system?

Before we answer that question, let us first find out how big Forex trading market is. From there, you can get to know the importance of automated systems for the Forex market.

The Forex market is the most extensive market around the world not just in terms of average daily turnover and average revenue per trader. It is also the largest market in terms of participants.

You name it, we’ve got it. See the following:

BANKS- they are not just for saving money and lending capital to enterprisers, but they are also one of the greater players in Forex market. Banks cater both to large quantity of speculative trading and daily commercial turnover. Well-established banks can trade billions of dollars worth of foreign currencies everyday. Some of the trades are accepted on behalf of their clients, but most are through proprietary desks.

COMMERCIAL COMPANIES- these commercial companies trade small amounts of foreign currencies compared to larger banks and their trades produce small and short-term effect on the market rates. However, the trade flows from transactions made by commercial companies are vital factors with regards to the long-term direction of the exchange rate of a certain currency.

CENTRAL BANKS- central banks play an important role in the Forex market. They have the control over the supply of different currency, inflation, and interest rate. Additionally, they have also official target rates for the currencies that they are handling. They are responsible for stabilizing the Forex market by using foreign exchange reserves. Their intervention in the market is enough to stabilize a certain currency.

INVESTMENT MANAGEMENT FIRMS- these firms commonly manage huge accounts on behalf of their clients such as endowments and pension funds. They are using the Forex market to promote transactions, specifically in foreign securities. An investment manager bearing an international equity portfolio needs to purchase and sell several pairs of foreign currencies to pay for foreign securities purchases.

RETAIL FX BROKERS- they manage a fraction of the total volume of Forex market. A single retail Forex broker estimates retail volume of between 25 to 50 billion dollars each day, which is presumably at 2% of the total market volume.

SPECULATORS- these are individuals who purchase and sell foreign currencies and profit through variations on its price as opposed to popular methods such as interest and dividends. They play the important role of transferring the risk to individuals who do not wish to bear it.

Only in Forex market, there are already six major players partaking on the $1.8 trillion worth of daily turnover. With a large number of Forex players, it is becoming a real need to switch from manual to automated Forex trading system.

Among the major Forex players mentioned above, the automated trading system is of great advantage to the speculators. Since they focus on the price fluctuations of foreign currencies, the real time data analysis will help them identify trades that will give advantage to them.

There are several automated trading systems available in the Forex market. There are also automated Forex systems that are offered for free or as part of their trading account acquired from their brokers/agents. That kind of complimentary system packages are typically elementary trading system. If you are looking for more functions, you can avail of it through additional payments.

There are two kinds of automated Forex trading system. These are discussed in the following:

Desktop-based system- all Forex-related data are stored on your desktop’s hard drive. This system is unpopular to Forex traders due to the susceptibility of all data to computer virus contamination and other security problems. Worse, when the computer malfunctions, all vital information might be lost and cannot be retrieved. It is little expensive compared to the other types of automated trading system.

Web-based system- the security of your Forex account and other data are supplied by your web-based provider. These are hosted on secured servers. It is convenient considering that there will be no software required and it is compatible with your Internet browser.

Try different automated trading system demos first so that you will be able to opt for the automated trading system that suits your personal preference and needs.

Even if you are just a small-time trader, it will be an advantage for you to use an automated Forex trading system for your future trades.

If you would like to have more information please click here: The Forex Market

Wednesday, January 6, 2010

Brand New Video Reveals Forex Discovery

Leaked Forex Videos from Beta Test Group

Last Autumn, in the midst of a late-night Forex trading research session, Bill Poulos made a Forex day trading discovery which he shared with a small group of traders.

Now, 6 months on... re-emerging from a marathon follow-up research session where he analyzed the unheard of results his initial group of traders got...

And discovered three variations to deliver even better results.

Watch a Demonstration of Forex Day Trading here

From what I've seen, no one is trading Forex like this (yet)...
Not to mention, this totally turns conventional "day trading" upside down.

He made a new training video last weekend which brings this updated discovery into the light revealing how to guard your portfolio from risk every single time you trade. Especially if you're inexperienced & have little time.

Click Here for info Forex Income Engine 2.0 The Silver Lining

The Silver Lining

In the course of his research, he confirmed what many have suspecting for quite some time

* The collapse of the global stock markets and economies has created pressures that, in turn, are creating more potential profit than ever seen before in the Forex markets.

That might come as a shock, especially if you're new to Currency trading... but he explains in his training video why this is happening, and how to profit from this.

You'll Also Discover

* How you can literally triple your profit potential exploiting a unique trick using the predominant trend.

* 2 "retracement tricks" most traders just simply miss out on, and when you know how to spot them, can turn an otherwise losing trade into a profitable homerun.

* The huge "edge" you get over other traders when you automatically identify the predominant trend at any point in time... and then "throw yourself in front of it"...

* The #1 key to trading Forex you MUST do EVERY SINGLE TIME before you place a trade before even thinking about profit. When you do this, you automatically "increase the odds" that profit will result...

* ...and lots more.

If you're interested in currency trading, or have been a little put off by what's been going on with the markets, then this may be the most important trading video you'll ever see this year.

Why? Because after you watch it, you'll be scrambling to start Forex trading this way...

It finally brings flexibility and customization to Forex day trading so that anyone can have an "edge", whether you only have twenty minutes to trade, or if you have all day. Your choice.

This is by none other than Bill Poulos. This is a little preview of the Forex Income Engine 2.0. That's right Bill Poulos is at it again. Not to be content with producing the best Forex trading course of 2008, in my opinion. He come out with even more cutting edge pip pulling methods and advice.