Forex Trading Tools



When it comes to getting started with forex trading, the tools that you should get will certainly make learning and executing your trading efforts a great deal easier.

Below you will find a list and descriptions of some of the popular tools that are used to help you make your trading experience easier. They are listed in terms of what they do as well. Let’s look at these right now!

Elliott Wave

This is considered by most experienced traders to be the purest form for getting technical analysis because Elliott Wave analysis measures investor psychology. The Wave reveals that mass psychological swings during a natural sequence, which creates specific and measurable patterns.
Link: Elliott Wave International

Net Picks

If analyzing charts and picking trades all seems too much like hard work, or too difficult, why not let someone else do it for you? NetPicks have been in the business for years - they'll tell you when to buy and sell for maximum profit. They even offer a free trial service.
Link: NetPicks

Peter Bain

For those that want to take their trading further, and learn in depth strategies, there's one man that we recommend above all others to teach you. Peter Bain is a forex trading guru, and his DVD trading course knocks spots off anything else on the market.
Link: Peter Bains Forex Mentor

Broker

If you're just starting out, you probably won't want to risk too much cash in your first broker account. Easy Forex offer a unique kind of forex trading account that is entirely web based, and can be funded with a credit card or PayPal account. What's more, it takes less than five minutes to get set up.
Link: Easy Forex

Charting

Every trader needs some charts. ADVFN have a great web based package that offers charts, analysis, and all sorts of other goodies. The best thing is it wont cost you a dime!
Link: ADVFN Free Charting