Trend analysis is an indispensable function of the successful Forex trader. Just like a good mechanic or carpenter, having the right tools in your toolbox will make all the difference in your ability to break down trends and trade in the direction of established trends. Following are some essential Forex trend analysis tools to include in your toolbox: Mark the trends using trend linesUsing multiple chart compressions, decide on the overall direction.Use moving averages to distinguish trend direction. Join discussion...

Regardless of how strong a trading system you have, if you do not apply good money management controls, you will find yourself in trouble.Dustin Pass, one of the foremost experts on Forex trading says, “An individual trading with proper money management skills will do better in a mediocre trading system than a person trading an excellent system who lacks money management skills.” In his ebook, Guide to Forex Live-on-the-News Trading, Pass lists five essential components to an effective money management program Join discussion...

Forex trading is not for the faint of heart, nor is it for those who are controlled by emotion. Certainly, it is an emotional thing to engage in an activity of risk and reward with your money. Human nature dictates that when you put your heart into something as vital as your financial portfolio. However, a Foreign Exchange trader cannot afford to wear his heart on his sleeve.This isn’t a heart matter; it’s a head thing. Let your heart rule in romantic affairs, but use your head when you are trading currencies. If you do not use your head, you may well lose your behind! Join discussion...

If you are going to BE a Forex Trader, you have to learn to SPEAK like a Forex trader. This free forex glossary guide will help you to understand the lingo and the industry." To succeed as a Forex trader, you need to know how to speak the lingo. Here is a little quiz. How many of the following words and meanings can you match?The difference between the right word and almost the right word is the difference between lightning and a lightning bug. ~Mark Twain Forex is a multi-national world encompassing many cultures and languages.Yet, it has a language all its own. If you have ever traveled abroad or found yourself in a place where you didn’t understand the language spoken around you, then you know how frustrating it can be not to understand what people are saying around you.Even more frustrating is the experience of understanding the language, but being unable to cipher the meaning of the words. Every industry has its own subculture and its own language. The simplest – and sometimes – oddest words or phrases may communicate a great deal of information. Join discussion...

Visit Forex Traders Daily for a wide range of free forex trading resources.Trading on the Foreign Exchange Market is a rewarding, yet challenging endeavor. A trader can never be too informed or have too many useful insights. Successful traders are always learning and growing.Trading on the Foreign Exchange Market is a rewarding, yet challenging endeavor. A trader can never be too informed or have too many useful insights. Successful traders are always learning and growing.Finding useful resources that provide good information, solid advice, and/or proven concepts is sometimes difficult to do. There is much information out there that is, at best, irrelevant, and at worst, erroneous.Here is a list of helpful resources provided by a trustworthy source with a proven record of long-term success in the Forex market. The best thing about these resources is not that they are FREE (which they are), but that they are VALUABLE. Join discussion...

Numbers don't lie and these traders are sharing their success as they talk about the Bank Flow Trading Room Join discussion...

Sure Dustin Pass and Jonathan Silver led the Bank Flow traders to a fast start, but could they maintain their momentum? Join discussion...

Monday, March 10, 2008 was launch day. It is difficult to imagine a more successful effort. A fifty-pip bounce was ollowed closely by another 50-pip bounce. The Dream Team was in the zone and excitement filled the air. Join discussion...

We are talking about news releases that come directly from government agencies and other research departments devoted to studying and monitoring economic trends. It is critical to know the various news releases and how they typically move the market. Join discussion...

He has been dead for many years – centuries, in fact – but we feel his influence as mightily today as ever. Born in 1170 in the Italian town that is today famous for its leaning tower, he was the son of a customs officer from the Northern African town of Bugia. Join discussion...