When you are serious about working at home or perhaps would like to replace your job with one where you can test your intelligence and expose your talents, the best option is Forex trading. This one is the best option where you can generate good income without many investments. Foreign exchange is one of the only areas where there is no need to invest a lot of money, even if you do it may not matter as much because you will start to generate income from the very first day. By this reason everybody is currently awaiting the simplest Forex education that can help them get practical experience and information about how you'll want to go the next day.

Although there are many Forex software and coaching books available on the internet, you need to be extremely careful the method that you decide on. Many Forex training guides do not provide the right basic information. So, you find yourself wasting precious cash for information that could be obtained free of charge on the Internet. The ideal thing you should know about Forex trading is market movement. As it is really important when you're dealing with market trading.

There are many signal providers that provide the information you need, since Forex is more speculating. Signal providers are something that will be necessary in the future. Some kind of assistance that can tell you the market trends in the next hour or day. Although, not all Forex trading signals work correctly, but you can choose the best Forex software signal based on past results and how fast signals are provided to you. Some Forex software signals are intended for professionals to share and can provide signals instantly. This is the full advantage of the program.

The best way to succeed in the market is through proper training and the use of best Forex system software. You can use the suggestions provided to you in preparation, but do not forget to use your visionary skills. While solutions are deducted based on calculations. Do not go blind always follow advice from professionals. Because the situation is never the same on the global financial markets and advice that can be provided may soon become obsolete. If you want to be a successful Forex trader you need a delicate balance between skills and training signals provided by the software.

There several ways you can make profit with Forex trading. There are always two options using a broker or using trading software. But what if you can earn more profit and faster. I can tell you using the second option is the right one.

Want to know about the software please take a look here


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Forex Trading Signal Week #14 2011

1) Forex Trading Signal For EURUSD
Forex Trend Analysis

• Weekly Chart: Mix

• Daily Chart: Strong Bullish

• 4 Hourly Chart: Strong Bullish

• Hourly Chart: Strong Bullish

As a whole, the trend for this pair is pretty strong and is upward.
Forex Technical Analysis
Daily Chart
The MACD divergence that I have talked about last week is being invalidated this week as the MACD has made a higher high.
4 Hourly Chart
On this chart, you can see the formation of a head and shoulder pattern which is a reversal candlestick pattern. In addition, there is a MACD negative divergence forming on this chart as well.
Overall Forex Analysis
Although the MACD negative divergence is being invalidated, you should not have entered any trade yet as the price did not break below the major support and this is exactly what we should do as a discipline trader.
However the formation of a head and shoulder pattern is a sign of reversal and it is in confluence with the MACD negative divergence. However there is a neckline for this head and shoulder pattern which is at 1.43807. If the price manages to break below the level, you can go SHORT. The best entry will be for the price to break below it and then come back to retest the level.
2) Forex Trading Signal For GBPJPY
Forex Trend Analysis

• Weekly Chart: Strong Bearish

• Daily Chart: Mix

• 4 Hourly Chart: Weak Bullish

• Hourly Chart: Weak Bearish

As a whole, the trend for this pair is DOWN.
Forex Technical Analysis
4 Hourly Chart
The price is now approaching a major support which is the 200 EMA.
Hourly Chart
The price is currently moving within a trend channel and is also approaching its support.
Overall Forex Analysis
I will look to go SHORT for this pair but I will be cautious as the price is moving towards a major support.