Forex Day Trader Review

What is the best forex trading System/software?

Hi, what is the best forex trading system/software?

Please provide links and analytical resources. Thanks!

Good morning Prionkor,
I agree mostly with what Rudolf says; trading styles will vary, and there is no such thing as the ‘Holy Grail’ of FX trading. I would recommend that instead you look to enhance your understanding of how technical indicators can be used to determine pricing patterns in the charts. Through these patterns, entry and exit signals can be identified.

If you are interested, my company’s website delivers a brief educational series on both technical indicators and pricing patterns. Depending upon your familiarity with these subjects, they may help you to incorporate both into your trading. These resources are available at http://www.tradermanagement.com/trading-resources/forex-education-2/. I should point out that the pages are designed as an introduction to some of the more common technical indicators and pricing patterns, however you may find that the insights conveyed enable you to more readily understand how the resulting data can be used to identify trade entry and exit signals.

Finally, in agreement with Rudolf, I would recommend that you look to refine any trading system on a demo account before using your own funds to trade. Use your time on the demo to identify any potential deficiencies in your trading strategy and, where possible, take steps to find a more appropriate system. It is only though trial and error that you can find a trading system that works best for you.

I hope that the above is of some assistance to you.

Yours sincerely,

Christopher Kelly