Forex blog

Forex Tester is a professional software simulator of the Foreign Exchange Market. It allows you to gain and improve trading skills without risking your money. You do not need to train in real time, waiting for days and weeks to test your trading ideas and strategies, Forex Tester will pack this time in hours and minutes.

This is an excellent forex training tool that will help you to:

* Study trading on the FOREX market in a fast and convenient way.
* Develop and test your own trading strategies without being a programmer.
* Test your trading strategies on years of historical data.
* Save your money and time.

The program has extended drawing tools that allow you to test trading strategies based on technical analysis. It provides some of the most popular technical studies such as: Fibonacci Retracement, Fibonacci Fan, Fibonacci Arcs, A... Read more »

A forex trading strategy can provide profit for a skilled speculator. A FX trading strategy is, simply put, a method for using foreign exchange rates of currency from various countries to buy one country’s currency when it is undervalued, and exchange it for another country’s currency with it is of normal or higher value, with the difference being profit.

A common forex trading strategy could involve US dollars and the Euro, the official currency of most European countries. To use a simple example of a forex trading strategy, a speculator would buy Euros when they were undervalued; let’s say two Euros equaled one US dollar. This would be unusual because normally the two currencies are almost equal.

By spending one hundred US dollars to buy two hundred Euros a speculator would be able to buy more goods in Germany, France or other European countries. When the marke... Read more »