Archive for February, 2010

Recommended Forex Books




dips v asked:


Would I be correct in saying that by denominating essential global resources to be traded in ones own currency, will inflate the value of ones currency simply due to surge in demand.
I live in Europe not the US

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FX360 – Forex News & Currency Trading Analysis

GFTmarkets asked:


FX360.com is the new site of renowned currency analysts Kathy Lien and Boris Schlossberg. Get their daily insight on what moves the currency markets. Get the same quality forex news and analysis that makes them regulars on CNBC, Bloomberg and SKY TV. www.fx360.com

sun asked:


Can you recommend me what software should I use to trade forex?

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Forex Auto Pilot, an automatic forex trading software created by Marcus Leary, is one of the most popular currency trading softwares in the world today. It has been used by thousands of people and overall enjoys positive reviews. However, not everything is perfect with this software. There are some common complaints about Forex Auto Pilot which it will be good for you to know about before you decide to get it and start using it.

Forex AutoPilot Complaints

1. The software doesn’t run on MAC computers. Forex AutoPilot was designed for PC’s which run on Windows, so it won’t run on MAC by itself. However, there is a Free software you can download which can emulate Windows on your MAC and which will allow you to run Forexautopilot without any difficulty. I know because I talked about it with the Forex Autopilot team myself.

2. The software is difficult to understand – It is true that some people find Forex Autopilot to be a bit complicated at first. But consider what this software does: it trades for you automatically. Of course it will be a bit hard to understand. Every software has its own learning curve. What you need to do is spend the first 2 weeks trading with a demo account until you grasp exactly what the software does.

3. The software doesn’t always profit, it loses sometimes – No software is 100% foolproof, and you still need to trade with stop loss prices like you normally do. What Forex Autopilot does is to eliminate part of the risk and save you a whole lot of time. You need to examine its performance over time, and it will most likely make you more money than you normally do.

I hope this summary of common Forex Auto Pilot complaints has been useful to you. Overall, many people recommend this software in spite of these complaints. The decision is yours to make.

By: John J. Drummond

About the Author:
To read more about this software, click here: ForexAutoPilot Reviews

John Drummond works from home. He writes often on business, trading, and finances. There is more than one forex trading software. To read John Drummond’s review of the 2 best ones, click here: Automatic Forex Trading Softwares

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