Ways on How to Keep a Forex Trading Log

By Mark Thomas

Most traders will agree on the statement that keeping a forex trading log is important. Many people view log as something that is similar to a diary. On the other hand, a "trade log" is considered as something that one trader does when he or she wants to keep track of the details in trading. This refers to the activity wherein one will have a piece of paper and a pen or even a pencil and then it is time to write down the trade logs that they have been keeping up with for some days already. Actually, this is one of the methods that some of the traders presently use. However, this is not really advised because there is a great risk involved that one will lose the information that they have taken into account or in some instances, there might be another individual who will get through the data.

Keeping a trade log is as easy as writing an entry on your diary if one knows how to properly do it. Obviously, there are also other ways on how to keep a forex trade log and that is through the use of computers. This is one of the best since you are sure that what you have saved in a document will not be lost unless you have completely deleted it. Additionally, you will be able to access the information even if you are not using your own computer. Also, you can bring it with you every time you think there is a need through the use of flash drives and other means. You do not have to worry that you will lose the data because you know that you have saved it in a secure hardware. You can either save it in a word document form or you can utilize Excel and other programs.

A document in word format enables people to easily write down paragraphs or notes if they have some comments on a rate or exchange movements, which is useful if there is a need to be reminded of something important.

This is easy enough for the traders since they have also sufficient knowledge when it comes to computer related activities. It is important that you make backup copies so that you can be sure that you will not lose the data because there are times when technology breaks down and fails. You can also opt for a tape recorder, which is most liked by traders who do not prefer to write. They can record the trade criteria as well as how they feel about the exchange of the currencies. This is actually the easiest of all the methods but this is also the most tedious since you have to listen to what you have recorded.

If you prefer the easy way, this one is just right for you but you have to remember that listening through your records is a tedious job. You can go for manual forex trading log, using the computer or a tape recorder. The important rule here is that you should be consistent with the method you are using. - 23159

About the Author:

Mark Thomas, have developed a unique software tool called Trade On Track, which helps the Traders to Trade with Confidence , Security and Accuracy. To know more about Trade and useful tips on Trading, just log on to http://www.tradeontrack.com

Buying Forex Trading Software

By John Eather

Are you thinking about online trading forex? If "Yes", then you are most probably are aware that you won't have any real chance of doing well without some sort of software assistance. Forex traders who have cleared consistent profits from executing forex trading without help are non-existant.

It's totally to your advantage during your hunt for a start in forex trading, that you have to determine which type of support you'll select. This will be paramount to strengthen your chances of forex trading success.

With reference to my trading experience, I've come across the 3 major components which are entirely essential if you're properly sworn to developing riches thru online forex trading. This threesome are the following; utilising historically affirmed trading signals that are uniform and exact.

A truly impressive trading signal must demonstrate historically supported outcomes. Trading with a process that doesn't bear consistent outcomes that have been corroborated over lengthy time periods, then you are just taking a chance of losing of all your profit.

Moreover, you ought to use a trading design which abides by unvarying profitable signals. There are several systems in the marketplace that don't give forth a lot of trading signals. It's natural to say that this is just not opportune if you are actually hell-bent on forex trading online. It's indispensable to be trading with regularity if you'd like to have any chance of shoveling in a worthy income.

If you're not making regular trades then it's absolutely impossible to have regular wins. Finally, trading signals need to be dependable as there is no point in having a forex trading system that doesn't generate consistently dependable signals.

75 percent of trades should be reliable. Three quarters of your trades had better be successes or you'd better eliminate the system as soon as possible. There are some forex traders who choose more than a 60 percent ratio, however I'm even more demanding than them.

If you're attempting to find a forex trading system that holds fast to the above measures then there's a link below to a related website. You'll be able to see some of the high-grade forex software accessible in the marketplace today. I'd like to extend my best wishes to you in your online forex trading. - 23159

About the Author:

Take the first step toward financial stability by signing up for John Eather's ecourse on Online Forex Trading. Discover more info at MoneyMakingFxTrader.com on the latest trading software.

The HOG2 EURUSD-USDCHF Custom Indicator - Forex Hedge Trading

By Sonja Schuyler

We will review in this article the latest entrant into the popular world of Forex Hedge trading methods. We will examine a manual system designed to trade the EURUSD-USDCHF Hedge. This Hedge is one of the most popular Hedges in the world of Forex in large part because of its high degree of negative correlation. In other words, most of the time, when the EURUSD trends in one direction - the USDCHF heads the opposite way.

An advantage of trading a Hedge is that it tends to reduce your risk. The challenge is that trading more than one currency pair at a time is difficult to track. You are at a definite disadvantage without the ability to track multiple pairs.

What Gary at 4x-rox.com has done is to create a set of custom indicators that track the total value of the EURUSD-USDCHF Hedge. This enables you to trade these two currency pairs as if they were one pair. Not only that, his indicators also track five market parameters outside the Forex market that gauge the value of the EURUSD-USDCHF Hedge and plot the predicted value relative to the current market value. This arrangement shows you the push or pull pressure on the Hedge and gives you an early warning when large reversals are likely to occur.

This Hedge trading system is called The HOG2 Custom EURUSD-USDCHF Hedge Indicator or HOG2 for short. The HOG2 runs inside the Metatrader 4 trading platform. It is composed of four indicators in three indicator windows.

The HOG2 tracks the EURUSD-USDCHF Hedge in real time. It shows you exactly what this Hedge is doing before you place your trades. The HOG2 features a color-coded custom histogram that gives you the sell or buy strength of this Hedge and indicates good entry and exit points. This arrangement shows you, at a glance, when this Hedge as a whole is over sold or overbought.

If you are accustomed to reading indicators, then learning to trading with the HOG2 will be very straightforward. If you have never traded Forex before, or never manually traded Forex, then you will want to go slowly. Do not live trade until you are completely comfortable. The HOG2 comes with good instructions and the company offers excellent support.

The HOG2 is not a robot. If you are looking for a Forex robot, then the HOG2 is not for you. However, if what you're looking for is a solid, effective manual trading system for trading the EURUSD-USDCHF Hedge then you won't find an easier or more workable system than the HOG2.

The HOG2 combines formulas for inter-market analysis with a unique compound indicator and the result is a highly effective manual trading system for this Hedge. The unique combination of the HOG2's one of a kind trend lines and Custom Histogram provides that all-important 'bird's eye view' of your Hedge trade.

Now that you are armed with this information about the HOG2, why not try it out for yourself? When it comes to trading the EURUSD-USDCHF Hedge, the HOG2 combines formulas for inter-market analysis with a unique compound indicator and the result is a highly effective manual trading system for this Hedge. The unique combination of the HOG2's one of a kind trend lines and Custom Histogram provides that all-important 'bird's eye view' of your Hedge trade. - 23159

About the Author:

Sonja Schuyler and the team at www.4x-rox.com make it simple for you to flatten the learning curve and get you on to the Forex trading Profit curve. To get your copy of the FREE eBook Successful Forex Trading Secrets Revealed, head on over to Forex Trading Today

Foreclosures - America's Newest Land Rush

By Debbie Newman

In the United States, the economic crisis is only continuing to get worse. Bank foreclosures and pre-foreclosures are at the highest number since the time of the Great Depression, and contribute to over 40% of the houses currently sold. Every day we hear on the news about another bank failing and the government debating on whether or not to bail them out. So many Americans are losing their homes and having their dreams crushed.

So what happens to homes after they're foreclosed? Obviously, someone else will gain from another's loss, which means that some good can come from this crisis. Foreclosed homes are usually sold at auctions for factions of their worth. Lenders will allow the foreclosed homes to sell well below market value, just to quickly recover any loaned amount possible. This can be a good thing for others, including first time buyers and low-income families, who are looking to purchase a home for investment or to reside in. Also if you're buying a foreclosed home the bank will be more accommodating, if you have good credit, as they would prefer a mortgage payment rather then leaving the home abandoned.

The owners that are facing foreclosure will sometimes be allowed to go ahead and sell their home during the 'pre-foreclosure' period. The pre-foreclosure period can last anywhere from a few weeks to a few months, depending on state laws. The public is notified through government auction sites and other listings of the homes facing foreclosure, and interested buyers are often able to work things out with the current owner and/or banks. Just like foreclosed homes at government auctions, pre-foreclosed homes are sold at low much reduced prices.

Needless to say, there are also opportunities to profit from buying both bank foreclosed and pre-foreclosed homes. Many people who have never had any interest in real estate before are now buying these homes and reselling them for great profits. Foreclosed homes can sometimes be sold for as much as 75% off of their market value. Imagine how much money a person could make by buying even just one foreclosed home and reselling for 100% profit. It happens to people that are willing to take action every day. How are these people finding out what homes are going to be sold at government auctions?

There are many government auction websites that offer all the latest information on bank foreclosures. You can find listings on current and upcoming foreclosed homes. The best foreclosure sites do charge a membership fee, however, so do some of the worth sites. So how will you know which sites offer legitimate listings and which ones don't?

The research is actually very easy to do if you read information on government auction 'review' sites. These reviews are very informative and they will keep visitors updated on the top, most trustworthy government auction membership sites. The government auction reviews test through specific criteria, and are scored according to the results. Obviously, the higher the score, the better and up-to-date the site's foreclosure details are.

Whether you're interested in simply getting a good deal on your dream home or investing for a profit, you need to read the reviews about the top government review sites before deciding which ones to enroll in. This way, you'll get all the detailed information on which sites offer the best up-to-date information on home foreclosures and avoid any scams. Here are four steps to follow to help you down the right path:

- Read free reviews at a government auction reviews

- Go to to one of the top recommended government sites and become a member

- Check out all the detailed foreclosure listings until you discover a selection of homes that you like in your price range

- If possible visit the properties of interest a then attend a government auction in your area - 23159

About the Author:

For free evaluations on the best foreclosure auction sites and which ones to avoid visit government auctions review or go direct to foreclosures and preforeclosures

How to Buy Cheap Checks

By Amanda

The invention of personal checks was a savvy idea that has allowed people to pay for items without having cash on hand. Personal checks are a straight forward and organized way of paying. They make life so much easier.

With the advent of personal checks came the idea that one could personalize their checks with unique designs. Designer checks add a bit of personality and pizazz to otherwise borning plain checks. Since checks have a lot of personal information on them and are passed from one person to another, having designer checks makes them harder to duplicate, making them more secure.

Personal checks are one of the safest ways to make transactions. Unlike many believe, it is hard to steal checks and get away with it. Standard coins and cash can be taken and there is no way to retrieve it. Debit cards, once used, are directly connected to your bank and money flows out right away. With checks, there is a lag of a few days before money leaves the bank which gives the account holder time to freeze the checks.

The next time you buy checks, make sure to buy online instead of directly from the bank. You'll not only save money but you'll save a lot of time as well. It's a simple 1-2-3 process of choosing a design, filling out your billing information from the secure shopping cart, and clicking order. Your checks will arrive fast as well.

Buying online is one way to save money but also buying in large volumes can save you even more money. Choosing the option to buy several boxes at one time will not only save money but also time since you won't need to order again for a long, long while. Consider buying your personal checks in bulk next time when ordering bank checks. - 23159

About the Author:

Want to learn more about buying personal checks? Visit our cheap checks company for more information.