Forex Trading Automation Tools: DashBoard FX

Forex Trading Automation Tools: DashBoard FX

While researching for suitable Forex trading tools, we found DashBoard FX - a Forex trading tool you must have to success in Forex trading.

Quoting from how they define their service: “DashBoard FX is an institutional-quality Forex Trade Signaling & Market Analysis software package.” From what we see, DashBoard FX can be a ‘all-in-one’ trading tools as it provide real time market signaling service, detail analytics market data, and automated trade system. It is suitable for both Forex beginners and the experienced traders as the software/service allows users to obtain trade signals, market analysis as well as trading currency easily.

Why are we recommending DashBoard FX?

Trade Forex with a team of advisors
When using DashBoard FX services, subscribers will get real time trade alerts, 6 days a week. These alerts are developed by a group of professional traders that focus 24-7 on the Forex market. With that, DashBoard FX subscribers actually own a team of professional FX traders monitoring the market for you.

Increase trade efficient and winning rate
Cut off the entire tedious routine job. DashBoard FX provides subscribers Market Analysis Gauges that are continually updating with streaming data as well as trade analytics based on quality fundamental and technical analysis. Plan your trade strategy instead of working out the details data manually; response faster to market changes and trade with higher efficient!

Get alert anywhere, anytime
DashBoard FX real-time trade signals and alerts are sent to subscribers via their software interface, emails, and mobile phone SMS. DashBoard FX subscribers can get alerted and trade Forex on and off from the desktop now.

Another plus point of their service is that it generates trading signals according to your trading style – signals like profit taking or stop-loss are sent differently to Day-trader and Swing-trader. This tailored the software/service suits different individual needs.

To learn more about DashBoard FX, we suggest you to take a look on their website: FX Universal. Sign up and give it a try, we are sure that it can brings you to the next level in your trading.

*Editor's Note: We are in the middle of searching more good FX tools around the Internet, look out for further updates here!

Why use Trading Tool for Forex trading?

Isn’t painful if you have to

• Sit in front of your PC all day long to monitor the Forex market?
• Spending hours obtaining data and doing calculation to produce statistics data?
• Work for even more hours converting statistics data to charts?
• Lose money in the market after all the hard work you had done?

Stop wasting your time in doing routine ‘dummy’ job!

75% of the Forex traders lose their money in the market because they spend their time on unbeneficial work. They just simply trap themselves in all those tedious routine job and have not spend their time wisely in analyzing the market as well as plotting their trading strategies.

If you are serious about winning in Forex market, you need to avoid what the losing 75% are doing. Implement Forex trading tools that you can have on the Internet and spend your time in more beneficial things. Learn from the China ancient sayings: “To accomplish great achievement you must first have great tools”. To win in Forex market, you MUST have great tools.

ForexPros's Technical Analysis Learning Course

ForexPros's Technical Analysis Learning Course

Technical Analysis for Forex offers many insights on how currency market works. In ForexPro's lesson in technical analysis, you will benefit greatly from a good foundation in each type of insight and, perhaps, a specialty in one or two.

This course is designed to teach you classic Technical Analysis and form a rock solid decision support program, the foundation for everyone when it comes to trading.

You will learn to use charts and technical indicators in a clear, simple and concise manner to improve your trade entries and exits. Mike Mc Mahon will take you through the steps to creating high probability FX trades, using Charts, Trend lines, Support & Resistance and combining them so you have a clear picture of price, time, volume and the market expectations.

Here's a quick view on what you'll learn from the full course:

• Interpret Technical Indication like a Forex Pro
• Determine support and resistance and how it will affect your trading
• Use trend lines properly to predict better trade exit points
• Increase the probability of creating profitable trades
• Understand and using Oscillators
• Determine "probability" with Linear Regression and ATR
• Use trend lines to predict better trade exit points in combination with S&R Learn the Classic Continuation and Reversal Patterns
  
• Learn to overcome the TA Traps of the "Holy Grail syndrome" and the "Paralysis from Analysis" disease

Learn Forex trading from the Pro: Peter Bain's FX Mentor Course

Learn Forex trading from the Pro: Peter Bain's FX Mentor Course

First off, who is Peter Bain anyway?

Peter Bain is one of the few Forex professional traders who are willing to share his trade secrets. He was perhaps one of the first to enter the Forex when it became available for public trading in 1997.

He developed a trading system, namely Forex Pivot System, and he teaches that in his Forex trading course. The Forex Pivot System and his Forex course are so effective and he had helped thousands of average Forex traders achieve great success in their investments.

What you will learn from the trading course?

By ordering Peter Bain's Forex trading course, you will get 7 hours CDs, DVDs, and books that reveal his Forex trading secrets.

More over, you are going to get 6 months free unlimited access to Peter Bain's Mentorship Website that give you daily video Q&A session, daily trading examples, daily streaming video lessons, daily pivot data, position trade alerts, pivot calculators, and connection to other Forex traders! In brief, here're what you'll learn:

• Learn how the Euro puts $700 on the table daily
• How to swing trade the Forex's trendy run ups and downs
• How to use the pivot system to trade the Forex with up to 70% accuracy
• How to use futures data to predict Forex trends
• How to avoid the pitfalls of "dumb money"
• How to follow daily steps for success
• How to recognize false buy/sell signals
• Review last 2 years of trading examples
• Learn more at Peter Bain's Forex Mentor website.

Some feedbacks on Bain's trading course

Learning Forex trading from the Pros

Hey there, are you serious about making money on Forex trading? Do you think you can really make real money by just learning free online? Then get real and signup for some expert learning courses NOW! Here are some of our recommended FX learning courses. The list will be updated from time to time thus hey, remember to revisit us here.

Forex Conquered: High Probability Systems and Strategies for Active Traders

Forex Conquered: High Probability Systems and Strategies for Active Traders

What's about the book?

$90 $56.70 Buy now!

The "Forex Conquered" offers easy-to-learn trading strategies for profiting from today's FX market.

When to increase lot size? When to move stops? How to use auto trading system to max out the profits, how to use technical tools to guide your trades? How to develop a trading system that suits your financial needs? How to utilize the fundamentals of Candlestick and Elliot Wave charting in the Forex market?

You can find all the detail answers here in John Person's book.

In addition to the valuable information found throughout these pages, this book's companion CD contains a Fibonacci calculator as well as a pivot point calculator, which can assist you in developing a trading plan without having to purchase extra software. Best of all, these calculators may give you an edge in determining longer-term price objectives, such as quarterly or annual price outlooks, which most software cannot do. The CD also includes six separate tutorials totaling more than 40 minutes of one-on-one instruction.

Learning Forex trading from the books

For traders who keen to learn via the traditional way (books!), here are the list of books we found helpful for traders. A brief intro and reader's review are quoted else where from the Internet for your ease of review. In our opinion, you don't need a lot of books (rather, you need to practice your trade as much as possible with a demo acc) to learn FX trading - instead, you need just one or two good books for the references. Hence, we list out only a few which we think are the best of the best.

Why should I learn Forex currency trading?

By reaching to our website, I think you are already aware that Forex trading is a good way to make money at home. More over, I bet you knew someone, or would have heard of someone, who's already making tons of good money in FX trading.

But what you wouldn't know is that 7 out of 10 traders keep losing money in Forex market! That's right, 70% of individual FX traders keep losing their hard-earned money in the market; while the rest of the 30% work freely at home and earn millions annually)

Wonder what differs between the losing 70% and the winning 30%?

Forex trading skills and the trading system! If you want to work less than 20 hours a day at home, if you want to make millions by trading freely at home, if you want to have financial freedom by trading Forex; you better LEARN Forex trading before you start trading Forex. Forex market is definitely not a game for newbie and you need to brush up your skills before getting your hands wet.

Forex Market Update

Friday, Apr 17, 2009, 13:17 GMT

By John Hardy Consultant/FX Strategist Saxo Bank

EURUSD breaks key support, mulls 1.3000 level next. SNB beats down the franc again with more verbal intervention.

USDCAD: whither the loonie ahead of next Tuesday's Bank of Canada announcement?

MAJOR HEADLINES – PREVIOUS SESSION

• New Zealand Q1 Consumer Prices out at 0.3% QoQ as expected and vs. -0.5% in Q4
• Australia Q1 Import/Export Price Index fell -2.8%/-4.6% vs. -0.4%/-3.5% expected, respectively
• New Zealand Mar. Non-resident Bond Holdings fell to 73.2% vs. 74.3% in Feb.
• Japan Mar. Consumer Confidence out at 29.6 vs. 30.0 expected and 27.6 in Feb.
• Japan Mar. Nationwide Department Store Sales fell -13.1% YoY vs. -11.5% in Feb.
• Switzerland Feb. Retail Sales fell -3.8% vs. -0.2% expected
• Norway Mar. Trade Balance out at +30.3B vs. +29.5B in Feb.
• Sweden Mar. AMV Unemployment Rate out at 4.8% as expected and vs. 4.7% in Feb.
• EuroZone Feb. Trade Balance out at -2.0B vs. -5.0B expected
• Canada Mar. CPI out at 0.2% MoM and Core CPI out at 0.3% MoM vs. 0.3%/0.2% expected, respectively

How to Trade Forex

Trading foreign exchange is exciting and potentially very profitable, but there are also significant risk factors. It is crucially important that you fully understand the implications of margin trading and the particular pitfalls and opportunities that foreign exchange trading offers. On these pages, we offer you a brief introduction to the Forex markets as well as their participants and some strategies that you can apply. However, if you are ever in doubt about any aspect of a trade, you can always discuss the matter in-depth with one of our dealers. They are available 24 hours a day on the Saxo Bank online trading system, SaxoTrader.

The benchmark of its service is efficient execution, concise analysis and expertise – all achieved whilst maintaining an attractive and competitive cost structure. Today, Saxo Bank offers one of Europe's premier all-round services for trading in derivative products and foreign exchange. We count amongst our employees numerous dealers and analysts, each of whom has many years experience and a wide and varied knowledge of the markets – gained both in our home countries and in international financial centres. When trading foreign exchange, futures and other derivative products, we offer 24-hour service, extensive daily analysis, individual access to our Research & Analysis department for specific queries, and immediate execution of trades through our international network of banks and brokers. All at a price considerably lower than that which most companies and private investors normally have access to.

The combination of our strong emphasis on customer service, our strategy and trading recommendations, our strategic and individual hedging programmes, along with the availability to our clients of the latest news and information builds a strong case for trading an individual account through Saxo Bank.

Terms of trading are agreed individually depending on the volume of your transactions, but are generally much lower in cost when compared to banks and brokers. Your margin deposit can be cash or government securities, bank guarantees etc. Large corporate or institutional clients may be offered trading facilities on the strength of their balance sheet. The minimum deposit accepted for an individual trading account depends on the account type. Trade confirmations and real-time account overview are built into SaxoTrader, while further account information can be produced in accordance with your specific requirements