Automated Trading

Automated Trading

Why not use AI to make money with FOREX? More »

Let computer software do everything for you

Let computer software do everything for you

Just lay back in your chair and money will come. More »


China’s Currency Woes

China's Currency Woes

China has been making a protracted effort to liberalize both its currency and its capital account in the past few years. Now that the renminbi (RMB) is dropping, foreign reserves are running out, and capital outflow is picking up, it’s not certain that this reform policy can continue. Is China going to forge ahead or enter a more conservative cycle and wait for the markets to calm down? In our opinion, either possibility would have both good and bad points.


Modest Money Rating Achievement

Finance BlogsFOREX MEGADROID managed by Tom A Elis and Gandolfo Beneventi as recognition for their hard work and dedication to readers earned Modest Money Achievement Badge.

Our sincere service and work have found encouragement and appreciation. Many thanks to Modest Money for support and dedication for our finance the projects. It was something really great. It has proved our excellence in work immensely.

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Again, we appreciate time and consideration of Modest Money to position our blog as a part of best finance blogging community.

The world of finance survives on the commitment and dedication of passionate individuals. Thank you.


Why Forex Charts are Important

Why Forex Charts are Important

One of the most important tools and references that forex experts, buyers and sellers rely on are forex charts. Discover what a forex chart is and its key importance in the lucrative trading business in this informative post.

What is a Forex Chart?

Becoming successful in forex trading means investing in the study, audit, analysis and research of historical financial data to infer trends and changes that will happen in the future. One of the best ways to do that is by acquiring and collecting forex charts.


Here Is Why Technical Analysis Beats Fundamental Analysis

Tehnical vs Fundamental Analysis

As major stock markets crashed in late 2007 before starting a rally in the month of March 2009, a lot of people who had believed in fundamental analysis began to questions its validity.

Elliott wave expert and famed technical analyst Robert Prechter has for a long time called the bear market we are currently in. In his view, the 2009 rally was a bear-market rally and not the start of a


Turmoil in 2016

First trading week as Tsunami hit first Asian market in afternoon came to Europe and at the end of day struck US market. Many analyst predicting new economic crisis wave which could be much higher of those in 2008. But what is really happening? China is reaching its potential, it will still grow but on smaller rates. Economy theorist at beginning of 20 century  explained this: Every economy goes through several phases : Introduction, Growth, Maturity,


2016 Market OPEN

What brings 2016?

First trading day in 2016 brings slowdown in world economy. First PMI report caused China market close with -7% hit, that spirally effect hit European market and soon after Us market.  What we can expect, as answer  to weakling of Chinese economy Chinese governing can answer with further weakling of Yuan. This could effect on South Korea and Japan further weakling YEN/USD. 


Making Money With Forex Technical Analysis


Forex trading refers to trading in currencies from all around the world. Forex market is open 24 hours a day, five days a week. There are hundreds of thousands of traders all over the world trading in various currencies. A number of different strategies are used by various traders to make money in this trading market.Technical Analysis

Some of the traders prefer


You Can Depend On Forex Trading For Making Money

forex risk

Foreign currency trading is widely regarded as the biggest trading market in the world. There is no other trading market that is open to traders all over the world for 24 hours a day. There are hundreds of different currencies all around the world and almost all of these currencies are available for trading in the foreign exchange trading market.

There are a number of well known billionaire forex traders. In fact, it won’t be wrong to say


What Are The Advantages Of Long Term Trading Versus Short Term Trading?

short vs long term

There are numerous trading strategies that investors can take advantage of. Those who are involved with short term investments are known as traders, while those who invest in long term trading strategies are known as buy and hold investors. Both long term trading and short term trading is effective as trading strategies. However, there are several advantages that are exclusive to those who decide to invest in long term trading.


Are Forex Droids A Scam Or An Aid

forex mega droid scam or thrue

For a lot of people when they start to work in the Forex market, they begin to wonder if the droids that are shown and advertised a lot actually work or if they are a scam. With that being said, people need to make sure they read this article because they will see these droids are not a scam, instead they are actually going to help people in making money. Without this, people could easily miss out on a fortune because they missed some of the trades that they could have been making. Forex Droids A Scam Or An Aid

Automated trades is going to be one of the main things that people are going to enjoy when they are using these. While a lot of times people will not like this aspect, they need to realize the financial markets are not going to be turned off at night. Since this is the case, people could easily miss a trade because of them sleeping. With the droids, people will be able to take advantage of these trades because it will allow them to make the trade they want to, even if they are sleeping in the middle of the night.

Markers are going to be something else that people will enjoy when they are using the droids. While a lot of people will have to do some research to make sure they know about the markers they need to know about the way to set them up. This way people are going to have a more complete control over the work they are doing and the trades that are going to be made. This way people can have the machine make the trades they need to, but also avoid making any of the trades that are commonly made by people that cost them money.

When people are working in the Forex market, they need to realize it can be quiet a challenge to make money. This is when some people will notice they can start to use the droids that are present to help them in making money. By knowing about these droids and knowing that they are not a scam it will be easy for people to see they are able to make quite a bit of money. Then people will not mind using these droids to help them in getting the income they need to have from the trading they are doing.