essentially an ebook package consisting of three profitable forex trading systems that the author uses to great success, and best of all they are all price-driven, which means that no technical analysis is required.

It sounds impressive but can you really be a profitable forex trader using only price as your leading indicator?

Well Avi Frister has spent many years studying hundreds of technical indicators, systems and strategies, and finally came to this exact conclusion, that the only indicator you really need is price.

The 180-page Forex Trading Machine package is basically the result of his studies, and includes three unique strategies that you can use to successfully trade forex currencies. So what are these trading strategies?

Well without wanting to give too much away, they are as follows:

1) Forex Cash Cow Strategy

This is a great strategy for less experienced traders and those who have full-time jobs because it doesn't require you to be constantly watching the market all day, and is completely mechanical. It basically requires a few minutes of your time at the end of the trading day to look for possible set-ups and then place your orders if the criteria are met.

This is more of a long-term strategy as you will have to be patient and wait for suitable entries (you may only get a handful of set-ups per month), but when you do get good set-ups it's proven to be a very profitable method, yielding 100+ pips profit, and is fairly low risk as well.

2) Forex Runner Strategy

If day trading is more your thing then you may well find this method (and the next one) more suitable. This is another mechanical system that again does not use any technical indicators, but this strategy produces far more set-ups.

Indeed I've had great success using this method just trading the GBP/USD pair during the day, and although not perfect (what system is?), it is a profitable system because it keeps your losses to a minimum and aims to produce a far greater profit with each trade.

the brand new forex day trading course from Bill Poulos, has just been released onto the market. This course provides you with a full trading system that you can use to trade the forex markets on an intraday basis.

Forex Income Engine is not cheap by any means but as with all of Bill Poulos' other products, it promises to be a top quality product. Bill has been trading the markets for over 30 years and is an expert trader so any products he produces are usually really high quality and a result of a lot of extensive testing and research.

it is a relatively new service that has been developed by the team at Betfair, and it caters specifically for financial traders who wish to trade the markets and predict future price movements. It is targeted mainly towards traders based in the UK, like myself, although I think they accept applications from a small number of other countries as well.

I created this trading strategy myself and have been using it for several years now. This one system has generated more profits that any other system I have ever used, and yet it's surprisingly simple.

I simply look at the daily trend for a particular currency pair (usually the GBP/USD, EUR/USD or USD/JPY pair) using a very simple but effective technical indicator, then I wait for two EMAs (exponential moving averages) to cross over in the same direction on the 4 hour chart.

I will then enter a position (usually after a slight pull-back) and will employ a two-part exit strategy to maximise my profits. One half of the position will be closed out early for a safe profit, and the other half will be left to run for as long as possible in order to capture those really big price moves.

the forex markets for several years now so I've developed quite a few different systems in my time. However there are some that are more profitable than others, so let me share you with you some of my most profitable forex trading strategies.

Yes it is one of the simplest methods you are ever likely to come across because it is based primarily on price action. The system is so effective because it always enters trades in the direction of the overall trend and therefore the odds are always in your favour.

The objective of the system is simple. It doesn't try and enter at the start of the trend and exit at the end of the trend. It simply aims to capture a large chunk of the middle part of the trend, which is a lot easier to do.

As I've already mentioned, you can in theory use this trading method on any time frame, but I personally use it on the 15 minute charts to trade the GBP/USD, EUR/USD and USD/JPY pairs (as well as the FTSE 100 and Dow Jones indices), and have been delighted with the results so far.

The course itself basically comprises three separate components:

1. Comprehensive training videos and ebooks which will give you a complete education in forex trading (ideal for beginners).

2. An actual trading method that is both profitable and easy to follow. It can also be traded on any time frame (I'm currently using it myself on the 15 minute charts).

3. Ongoing training from a real-life forex trader which also includes daily videos of the trading method in action.

(The third component is an optional monthly service that you can subscribe to but you get 30 days free access to this service and you can simply cancel your subscription if you don't wish to continue after the 30 days are up).

it is a brand new forex course from Bill Poulos, but unlike many of the useless robots and systems that are currently flooding the market, this one is actually very good. I was lucky enough to get my hands on a review copy and have since spent many hours going through all of the materials, so I can now offer you my full review of Forex Nitty Grit

here were numerous highlights to fill the weekend Forex summary. Let’s have a quick look at the highlights of the week that made the news in last week.

Officials from Fed stick to the point that the current Forex trading status does not support for tightening the monetary policy in the coming weeks.

Australia was the first nation, out of all the G20 nations, to increase the interest rates, while the ECB decided to stay at the same interest rates and will keep it at low.

ISM non-manufacturing index of US hiked above the 50 points in September for the first in this year, but only 5 out of 18 sectors indicated growth. The US trade deficit dropped out surprisingly in August with the large fall in the imports.

There are positive signs indicating stabilizing job conditions with Canada having job openings hiked up to 31,000 in September.

Whereas the employment revival relics in the premature phases and susceptible to slow down, Canada is moving up with moderately well household market, suggesting that an early nineties style ‘jobless recovery’ is not the same.

Canada’s Forex trade statistics for August highlighting the bouncy traverse facing Canadian exports because it deal with a AUD floating close to equality.

BoC Deputy Governor Jenkins speech restated the negative aspect of risk appetite to continued revival from the hiked AUD, but also pointed that the Bank is examining movements of the home sale prices closely.

These are the highlights of the last week and now the investors are watching for the consequences of the various statements made by the different officials from all over the world over Forex trade in week to come.

The article states the various statements and their relative impact on other countries and Forex trade as well. The happening events like increased investment in US equities to safeguard the currency value and Australia rising up as a leading nation on the Forex trading platform by increasing the interest rates.

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