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Getting started with Forex Trading.
FOREX 101

FOREX 101: Make Money with Currency Trading
 by: Rich McIver

For those unfamiliar with the term, FOREX (FOReign EXchange market), refers to an international exchange market where currencies are bought and sold. The Foreign Exchange Market that we see today began in the 1970's, when free exchange rates and floating currencies were introduced. In such an environment only participants in the market determine the price of one currency against another, based upon supply and demand for that currency.

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Choosing A Forex Broker

Choosing A Forex Broker
 by: Geoff Turnbull

With currency trading becoming ever more popular, the number of brokers is growing at a rapid rate. What should one look at when deciding which broker to open an account with? These are the important points to consider.

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Does Forex Avenger Work?

Forex Avenger -- In the few years I've been trading Forex, I've seen many Forex programs come and go.  They have names like Forex Autopilot, FAPTurbo, Forex Tracer, 4xMadeEasy, and so forth.  Of course, these programs, both mechanical forex trading systems and automatic forex "bots", are very tempting for the investor or trader new to FOREX trading.  The question remains, however, if these programs actually work or not.

Forex Avenger happens to be a mechanical Forex system--meaning that it actually requires some effort from the user.  Instead of a program running on autopilot making trades automatically, with this system you actually have to do some analysis before you can decide whether to make a trade or not. The program claims to take just 10-20 minutes a day of analysis to setup your trades.  That is, using the rules of the system that you learn by watching the videos or reading the pdf file, you can determine if you should make a trade or not.

But does the Forex Avenger system really work?  Well, this is not really an easy question to simply answer.  Testimonials will claim amazing results, and it is quite likely that the system can produce a successful outcome.  The interesting thing about forex trading, however, is that even if a system works for one person, it doesn't always translate to success for everyone else.  Ultimately, nothing replaces educating yourself on becoming a successful forex trader

The bottom line, though, is that the program is under a $100 and your money is fully refundable within 60 days if you change your mind.  The chances are, even if the specifics of the Forex Avenger program don't work for you, you will learn a lot about trading Forex and the mechanics of a successful trade.  

You can Click Here! to give Forex Avenger a try if you're interested.

 
Following the Trend in Forex
"The Trend is Your Friend"--You'll find this oft-quoted passage in many articles on trading Forex (foreign currency). The problem is that unless you know what it really means, it can't help you much in your trading. Furthermore, depending on your trading style, it might not even be good advice. In order to learn about following the trend in currency trading, you need to first know if a pair is really trending and then you have to decide how you're going to approach that currency pair.
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When Will the Carry Trade Unwind?
Last year from about the midde of December 2005 to about the middle of January 2006, the forex currency pair GBP/JPY dropped about 1200 pips.  Most experts agree this was due to carry traders taking profits on their forex carry trades for the year.  This year, since that big drop the GBP/JPY has risen about 2400 pips.  Are we in for another big unwinding again this December?
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