It is inevitable that everyone is looking for the best big and instant gain through forex. This is possible if you properly follow and use some Forex Trading technique through software.
The first and natural question you might have about this subject is whether a software can actually help you or not achieve the goal of a successful forex trading operation.
The answer to that question is, without a doubt, a big YES. However, to be careful while selecting software as few forex softwares are reliable enough to trust them with your investment.
Now, which is the best forex software?
Before we get to that, you must know that there are basically two types of forex softwares, and which one is the best will be determined not only by its reliability and performance but by you personal situation.
There are forex softwares designed to provide you with trading signals (usually entry and exit points), and there are some of them that really work like a charm, but I personally don't like the fact that you need to be very attentive of what is happening within the forex market in order to take advantage of the good entry points signaled by the software. So achieving consistency with one of these systems is possible, but you have to dedicate some good time during the day, which is fine if you have it to spare, I just don't.
On the other hand, there are forex softwares designed not only to determine the best entry and exit points during a trading session, but also to place the trade orders and close them automatically for you. This means that you can profit all day and all night long without having to do absolutely anything, because in this case the software will do everything.
After having the chance to see first hand how both systems works, my verdict has to go in favor of the fully automated option, because it delivers the same great performance as the best forex trading signal kind of sofware (over 90% winning trades on average), only it goes completely on its own (that my friend is really sweet).
Indeed, if both softwares can deliver the goods, I will go for the one that demands less from me, so the best forex software has to definitely be the fully automated one.
Therefore, if you are thinking about starting a new forex trading operation, or simply want to enhance your current performance within the market by getting the help of the best forex software, I advise you to go for the automated option as this will save you costly mistakes and will increase your chances of catching the best entry points during the day or night, no matter how busy you are.
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US Policy - Decline Economy:
Economy depends on Policy of a country, though whatever it is. Barak Obama recent policy on Afghanistan (while admitting spedning trillion of $ on this so called war on terror). Unemployment is already on rise, global economy is not stable as yet. The 'IMPACT' of this policy would be on US and Global Economy, "long-lasting" in two ways "Positive or Negative" stress would be later. US tax payers and investors were very keen to see somthing different from this indifferent announced policy. I don't want to go into pros and cons of policy. However, it is common presumption that it is based on confusion(divided between peace & war lovers) and would not be as good as American people.
Investors Interest is Gold Not Dollar Now::
Dollar is at decline specially in the Asian Market while gold making new trend. Investors always prefer for those currency or make their investment where they could get better return. Gold as surged to a record high due to which investors pounced on the metal in volatile trade after data showed US employers cut a bigger-than-expected 190,000 jobs in October.
The precious metal hit a record high at $1,100.90 per ounce earlier, having gained more than 30 per cent this year. Dealers also said the market continued to find residual support from the prospect of central bank buying of gold to diversify their reserves.
Country like China where a huge demand of Gold is witnessed are converting its reserve into Gold. Indian tend towards Gold come up this when Indian gets about 200 tones of gold from International Monetary Fund to its Reserve Bank of India for $6.7 billion.
Although the US economy is rebounding from its deepest slump since the 1930s, but gradually and slow. Employers aren’t expected to start adding jobs for several more months. Many are skeptical about the strength and sustainability of the recovery,
The central bank community for the first time in 20 years is possibly going to be a net buyer of gold having been a net seller since 1988. Today the market will also focus on the US jobs data and how the dollar reacts.
Upward trend of Gold is also seen in Pakistan, where gold prices are sky rocketing and gone beyond the reach of general people.