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Showing posts with label Forex News. Show all posts
Showing posts with label Forex News. Show all posts

When did our software call for sell on EURUSD?

Our Forex Software Tool tracks past behaviour and characteristic of the currency pairs, then uses this information to generate buy and sell signals. This software is suitable for all kind of market conditions and different currency pairs.

Our software has signal sell on EURUSD on 9 Dec 2009 at 1.4694. Current rate for EURUSD is at 1.2876, profit is 1,818 pips.



You can find out more about our software here:

http://tradingeducationprogram.org/fx-software-tool/
http://tradingeducationprogram.org/2010/02/20/fx-software-tool-2/
http://tradingeducationprogram.org/2010/01/10/audusd-has-signal-buy-for-audusd-at-0-8888/
http://tradingeducationprogram.org/2009/12/26/fx-software-tool/


Compliment from my student who had bought the software:
http://tradingeducationprogram.org/2010/02/02/comment-from-my-student/


If you sign up for our forex education program and purchases the software at the same time, we are providing a package price of USD300. This means that the effective cost of the software will be reduced to USD100.


If you are interested to purchase the software, send email to us at metal.commodity@tradingeducationprogram.org. Coaching on installation and testing will be provided.


“Knowing is not enough; we must apply. Willing is not enough; we must do.” - Johann Wolfgang von Goethe

Danger about getting Emotional about Forex Trades

Getting emotional in the stock market is the worst thing that can happen to investors. The same goes for Forex traders as well. Seeing paper losses in everyday trade is pretty common.


Once to take a decision to buy something and make losses, you still hold on even if situations turn from bad to worse, only because you feel that things might turn back in your favor once again. The main problem here is that, the decision to stick to a losing trade for a long time is an emotional one, since you are in no mood to accept a loss and get out of the trade.


Forex market is largely influenced by the general market and you must always trade on what the indications based on the market are, and not just initiate one since your heart tells you to. At times, you might be so emotionally attached to a given currency in the Forex market, that most of your exposure to the Forex market would be in that particular currency.


Nothing wrong with it, as if you have reasonable grounds to believe that the currency will do well, then you will actually profit from the exchange. The ‘wrong’ thing is opening up a trade in a currency just because your heart tells you to.


In the case, if you strongly feel about any given currency, then it’s better to check the reality by having the look at what the market is indicating. That will give you a clear picture of whether or not you should trade in that currency.


The basic thing that is needed to be remembered is that once you have initiated a trade, and are incurring paper losses, and by all indications, things are likely to get even worse for you, then it is much better to book losses and come out of it rather than sticking to it till a time you ultimately are able to see some gains from it. Remember, the markets have little room for emotions.


Forex trading is not a win-win situation. Be prepared to lose on some trades as well. That’s the precise manner in which the market works. It is not really a question of whether you are right or not, the fact remains that markets move in an unexpected way and they have a knick of surprising people when they least expect it. All the fundamentals and even experience may be thrown into the air when the markets decide to do something.


So just follow the indications that the market gives you. If you feel that after initiating a trade, things are not going the way you had foreseen, book your losses and get out of it. You can invest the amount in some other trade and make good gains rather than sticking to your losing trade.

FX Programming Trading

Below shows the program that I have used for my own trading as well as for my students.


The chart shows that if you have been using this program to trade USDCHF from 1st January 2009 to 20 November 2009, your capital will grow from US$10,000 to US$12,960.




Below shows the analysis of the returns:
Gross profit is US$4,291.71
Gross loss is US$1,331.64
Total trade executed: 53
Profitable trades: 37 (69.91%)
Losing trades: 16 (30.19%)
Largest profit: US$256.96
Average profit: US$115.99
Maximum consecutive wins: 8 trades






To buy this program, first you need to be a student of our Forex Education Program at Tactical Trading Academy. This is because you need to learn the strategy of our system. Then you can choose to buy the system. The pricing of the system is very reasonable and affordable.


If you are interested in our Forex Education Program or our system, please send email to metal.commodity@tradingeducationprogram.org.

Forex News

Heard of good buying by hedge funds, macro funds and central banks on EURUSD yesterday.