FOREX information - to help you become a better trader

Trading on your own is a very lonely pastime, particularly when things are not going your way. An excellent means of getting support is to join one of the many online forums that are available. One of the best ones is to be found at :http://www.spreadtrade2win.com/forum/


You cannot trade FOREX real time without having a good charting package with a real time data feed. The good news is that you do not need to pay money for one as they are available free of charge. One of the best supported packages is METATRADER and version 3.84*can be downloaded free by visiting the following website which will also provide you with a free real time datafeed :-
http://www.admiral-invest.co.uk/?p=420

*Note that there is a Metatrader 4 being beta tested (Dec 2004) but it is not on general release yet and currently has a limited number of 3rd party indicators available although some of the better ones are on the above forum now.

What do all the indicators do? How do they work? One of the best site available online with this information is CHARTFILTER where you will find not only explanations on indicators, but also other technical trading stuff including chart patterns, candlesticks etc. There is a wealth of free information to be found on this site at :-http://chartfilter.com/indicators.htm