Computer Hardware.Beginner & Advanced Live Currency Data.Charting SoftwareTrading Clearinghouses.Trading Platform,Trading Advisories.Trade Alert,Services,Specialty Software.Analytical Software.News Sources.Today'sForexNews
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Tools of The Trade - Preparing to Trade
This is a collection of Forex "Tools of the Trade" -- products and services that we have found to be the best of all we have tried over many years, and additionally selected because the companies behind them have demonstrated reliable service, integrity and value. They are beginner-friendly, yet offering a growing trader lots of support. Look for the Forex-Trader discounts.
To trade Forex successfully you will need the basics:
1. A reliable, reasonably fast computer, preferably with high speed access to the internet (DSL or Cable Modem for example). An Internet dial-up account or the telephone becomes your back-up should your primary access fail.
2. Good foreign currencies "charting software" with a reliable, accurate data feed so that you can track currency movements in real time and perform the technical analysis necessary to trade effectively.
3. An on-line Forex trading account with a brokerage firm which provides a reliable Trading Platform, fair "spreads", quick execution of trades, good on-line reporting, and excellent customer service.
4. A subscription to at least one Forex Trading "Advisory Service" which provides market overviews at least daily. This gives you the context and overall directions of the market and will greatly assist in your own analysis and decision making.
Most importantly, you will need effective training and/or mentoring to master the techniques and discipline which 90 percent of beginning traders lack. This can be home study via cd's or on-line lessons, classes you travel to, or trainer/mentors who come to you.
the online eLearning Specialists
(FREE ecourses available).
www.Forex-Trader.com
Specially Configured for Trading.
TradingComputers.com gives Traders a competitive edge, offering top quality products custom configured at reduced prices.
Computers and monitors are priced aggressively for the features and components that give Traders the greatest possible value. All computers are built in the USA and the nationwide warranty provides 24/7 phone support and on-site warranty service.
As a Microsoft Partner and Intel Dealer Traders can be sure that the parts used to build your computer are new and genuine, not cheap knockoffs, used, gray market, insurance salvage, or eBay auctions.
Visit TradingComputers.com and Mention you saw this recommendation in this "Forex Trader" site to qualify for an instant 5% discount.
E-Signal
This charting software by Townshend Analytics professional charting software, works with a variety of data sources such as Comstock by Standard and Poors, Infotek etc. We use Comstock data for its Realtick is available by the month, a nice startup cost feature for beginners.
Click here to view E-Signal Printout Information Page
Clearinghouses Providing On-line Access
to the Forex Trading Market.
We are currently reviewing Trading Platforms
for our newest up to date recommendations..
Trading Advisors are the esteemed 'Forecasters' of the Forex Trading Industry, experts who predict upcoming market moves based on experience, technical analysis and a host of other indicators.
Success Trade -
The Professional "Trading Intelligence" Service
Success Trade condenses years of successful foreign currency trading experience using market data analysis, into a concise, user friendly, inexpensive subscription that reports on hundreds of weekly and monthly fundamental announcements. This Trading Intelligence Service is also applicable to any kind of market trading, currency, stocks, etc.
The seasoned trader behind this masterful trading "intelligence" service offers years of exhaustive market research to give traders reports that show the difference between estimated trade results and actual trade results on each announcement together with the actual price moves over time. Success Trade prepares you by letting you see ahead of time how big (or small) a price move to expect at the time of the announcement. You can plan and time your trading session wisely; make decisions regarding entering trades, select currency pairs, and confidently recognize specific entry points. Trading with this knowledge not only provides more profit potential but is also safer and more stress free.
The incalculable benefit of this service is the ability to trade through the eyes of the highly experienced Professional Trader at Forex Advisor whose successful trackrecord has relied on this market pattern data for many years. There quite simply is no other Fundamentals data service out there in this league.
