Sunday, September 27, 2009

FOREX

Forex simulated trading helps investors practice their forex trading before risking any money. For that reason, taking part in an online forex trading simulation is essential for the long-term success of any trader. The lower the experience level of a trader, the longer that trader should be actively involved in online simulated forex trading.Before using a simulated forex trading system, it is important that the system is a live simulation program that provides lifelike results. The forex trading simulation system should allow the trader to execute practice trades at prevailing market prices using real time, streaming data.Our simulated forex trading program meets all these requirements and more. Before putting real money to day trade currencies, a trader can sign up for a 30-day demo that provides lifelike executions, streaming charts, technical analysis, news, market commentaries and other features. The program could also be used to simulate day trading.The example of the forex trading simulator shows three currency pairs that consist of four of the major foreign currencies: the US Dollar (USD), the Swiss Franc (CHF), the Euro (EUR), and the Japanese Yen (JPY). The real-time, streaming graph shown is a candlestick graph of the Dollar / Yen (USD/JPY) exchange rate in 10-minute periods. The graph is enhanced with a technical analysis study consisting of 10-period and 20-period Simple Moving Averages and a horizontal channel between 120.2906 Yen and 119.9100 Yen.Whether you are an experienced stock day trader or a novice to the trading world, you could benefit from taking our online forex simulated trading program for a test drive. See how good you are at forex trading by using our online currency trading simulation. If you have any questions about simulated forex trading or any other of our services

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