Forex Forays Directory

Managed Forex Accounts

2006-12-27T11:10:00.000-08:00

The following companies provide forex trading accounts and investment funds managed by professional currency traders, allowing investors to participate directly in the forex markets without actively trading themselves:

Forex Trade Oracle: Managed Accounts

Our managed account program provides investors who seek above average returns the ability to participate in the largest financial market in the world and increase the overall diversification of their portfolios.

Forex Trading USA: Managed Forex Accounts

The systematic forex trading methodology used by the forex managed account attempts to capitalize on relatively short-term price swings and trends that occur in 18-22 currencies from 6 or more geographic sectors. Trades typically last 1 to 20 days, with winning trades structured to last longer and make more money per trade.

Gain Capital Managed Account (MAC) Program

Accommodates the needs of institutional and individual investors interested in allocating a portion of their risk capital to the Foreign Exchange (Forex) market. Established in October 2000, the MAC program focuses solely on spot trading in the Forex market. Only the most liquid G7 currencies are traded - including the US Dollar, Japanese Yen, Euro, British Pound, Swiss Franc, Canadian Dollar and Australian Dollar.

Global Forex Trading: Wallwood Managed Forex

The Wallwood Managed Forex program is a longer-term investment diversification account, which trades two currency pairs: USD/JPY and EUR/USD. The trading rules are based on short-term trades. The fund strategy is to establish a position as a persistent market move begins, and stay with the move until it is exhausted and has reversed direction.

Go Forex: Managed Forex Accounts

YES Account: This account has been trading since September 2006, and focuses on Fibonacci and moving averages.

Cable Account (GBP/USD): This trading strategy has been hand tested over 3 years of historical data and traded live since early 2005.

Forex Options Account: This account uses complex option strategies, technical analysis and volatility systems to create phenomenal returns.

Rizk Investments Group: Managed Forex Account

Our managed forex program is intended for investors who prefer their assets to be managed by Rizk Investments Group using Man Financial Canada as the broker. Man Financial Canada is registered with the IDA (www.ida.ca) and the CIPF (www.cipf.ca).

Saxo Bank Managed FX Strategy

The successful Saxo Managed FX Strategy offers significant growth potential through the global foreign exchange market under the guidance of an experienced fund manager. The strategy offers the potential of low risk returns in both rising and falling markets through a strict and proven model-based trading approach.

Would you like to share your experiences with any of these managed forex accounts and investment funds, or suggest an additional managed forex service for inclusion here? Please feel free to post your feedback in the comments below.

Trading Signals

2006-12-26T10:18:00.000-08:00

The following services provide trading signals, technical analysis, and price forecasts for the forex market:

Dashboard FX

DashBoard FX is an institutional-quality Forex Trade Signaling & Market Analysis Software package. It delivers real-time trading alerts as they are identified by our knowledgeable and professional traders. DashBoard FX provides subscribers with optimal Entry/Exit points for Major currency pairs (EUR/USD, USD/JPY, USD/CHF, GBP/USD, USD/CAD) in real-time and allows them to stay on top of the market.

Elliott Wave International: Specialty Services

Based on the Elliott Wave principle of market behavior, Elliott Wave International provides Intraday Forecasts, Opportunity Alerts, and On-Demand Forecasts for traders to use in identifying price targets and planning trades. Expert analysts are available for subscribers to contact for specific market predictions.

Forex Advisor

The Forex Advisor – led by longtime Forex gurus Boris Schlossberg and Kathy Lien – is a proprietary currency-picking method that guides investors to big dollar Forex returns. When you become a member of Forex Advisor, you'll join these two world-famous Forex analysts and discover the secrets of the most exciting, most potentially lucrative market on earth.

Forex Live-on-the-News Trade Calls

Receive live trading calls for major economic news releases. According to founder Dustin Pass, "There are over 500 Forex data news releases a month, out of those 500 news releases I concentrate on approximately 30. Of the 30 news releases I expect 15 of them to be tradable for approximately 200 to 500 pips a month."

LeverageFX Forex Trading Software

LeverageFX offers TopGun Forex Trading Software and eSignal data free to our traders. Advanced Forex Trading Systems show you low risk areas to buy/sell and volatility trailing stops which capture 75% to 90% of the trends.

ProSignal Automated Signal Alerts

Our popular Automated Signal Alerts continuously monitor the market looking for high-probability real-time Buy and Sell opportunities. This includes precise trade entry and exit signals with built-in automated trailing stop-losses and email/cell phone notification.

Trading Synergy: IntrepidTrader Software

Identifies high-probability trades with entry and exit points based on Elliott Wave principles of market behavior. Provides chart analysis and trading indicators for the forex, stock, futures, commodities and options markets. Offers a 15 day free trial.

Zerovector.com: BillionZ ESP

BillionZ ESP is a new Fractal Analysis technique that provides price targets for major financial markets. It is a proprietary technique based on the latest scientific advancements in Fractal Geometry, Chaos theory, and Complex Systems theory.

Carry Trading Strategies

2006-12-07T10:55:00.000-08:00

The following sites provide information on developing systems and strategies for carry trading, a method that seeks profits in interest-rate differentials between currencies.

Forex Forays: Learning About Carry Trades

Forex Forays: The Economist Covers Carry Trading

The Economist: Instant Returns: Why investors have become addicted to the carry trade

Investopedia: Currency Carry Trade Article

Oanda Forums: Carry Trade Strategies

David Champeau: Currency Carry Trades Editorial

Chart-Based Trading Systems

2006-11-26T10:27:00.000-08:00

The following trading systems and strategies use various chart-based signals and indicators to initiate and exit trades. All systems listed here are freely available online:

BunnyGirl Cross

Indicators Used: 5, 20, 100 period WMAs (Weighted Moving Averages), Bollinger Bands, Stochastics, RSI (Relative Strength Index).

Download It Here

Elliott Wave Trading System

Indicators Used: Elliott Wave chart patterns identifying entry, stop, target and exit levels.

Simple Candlestick Pattern System

Indicator Used: Engulfing Candlestick Pattern, also known as an "Outside Day".

Read About It Here

Ichimoku Kinko Hyo

Indicators Used: Tenkan Sen, Kijun Sen, Senkou Spans, Chikou Span

Read About It Here

RickyD System

Indicators Used: CCI (Commodity Channel Index), Forecast Oscillator, Relative Vigor Index, ADX (Average Directional Index), and 5, 20, 100, and 200 period Moving Averages.

Download It Here

Trendfollower System

Indicators Used: Bollinger Bands, STARC Bands

Download It Here

Woodie's CCI System

Indicator Used: CCI (Commodity Channel Index)

Download It Here

Would you like to share your experiences with these trading systems, or suggest an additional system? Please post your feedback in the comments below.

Related topics:
Forex Trading Systems
Trading Courses & Seminars

Calculators & Converters

2006-11-04T11:22:00.000-08:00

The following sites provide tools for calculating forex interest, trading costs, position sizes, risk levels, and conversion rates:

All Pivot Points

Features: Daily pivot point calculations for currency pairs, commodities, market indexes, and over 50,000 securities.

Forex Risk Calculator

Features: Calculates risk levels for trades based on leverage, position size, account balance, price targets and stop-losses.

Forex Trader Tools

Features: Fibonacci Retracement Calculator, Currency Converter, Forex Pivot Point Calculator

FXstreet.com Currency Trading Tools

Features: Historical Price Quotes, Risk Probability Calculator, Forex Pivot Point Calculator, Pip Value Calculator

Mataf.net Forex Tools

Features: Pivot Point Calculator and Tables, Pip Value Calculator, Currency Volatility/True Range Tables, Currency Correlation Tables

Oanda FXMath

Features: Profit Calculator, Margin Calculator, Units Available Calculator, Interest Calculator, Margin Call Calculator

Do you have an additional calculator or conversion tool to suggest? Please feel free to post your feedback in the comments below.

Discussion Forums & Message Boards

2006-11-04T11:05:00.000-08:00

The following sites provide discussion forums and message boards for forex traders:

DailyFX Forum

Elite Trader Currency Forums

ForexFactory

ForexForum.net

Oanda FXMessage

MoneyTec Traders Community Forum

Traders Laboratory

Do you have an additional forum or message board suggest? Please feel free to post your feedback in the comments below.

Policy, Regulation and Oversight

2006-11-03T16:15:00.000-08:00

The following organizations are involved in the regulation and oversight of the currency markets:

Commodity Futures Trading Commission (CFTC)

About the CFTC:

"The mission of the Commodity Futures Trading Commission (CFTC) is to protect market users and the public from fraud, manipulation, and abusive practices related to the sale of commodity and financial futures and options, and to foster open, competitive, and financially sound futures and option markets."

Further reading: CFTC Forex Information

National Futures Association (NFA)

About the NFA:

"National Futures Association (NFA) is the industrywide, self-regulatory organization for the U.S. futures industry. We strive every day to develop rules, programs and services that safeguard market integrity, protect investors and help our Members meet their regulatory responsibilities."

Further reading: NFA Forex Rules & Resources

ACI - The Financial Markets Association

About ACI:

"ACI - The Financial Markets Association, was founded in France in 1955 following an agreement between foreign exchange dealers in Paris and London. In the years that followed, other national associations were formed and there are now affiliated financial markets associations in 65 countries and individual members in another 17 countries. ACI has the largest membership of any of the international associations in the wholesale financial markets. The Head Office is based in Paris.

Its Mission Statement is to be a leading global association of wholesale financial market professionals contributing to the market development through education, market practices, technical advice and networking events."

Further reading: Find Member Associations by Region

Do you have an additional policy or regulatory resource to suggest? Please feel free to post your feedback in the comments below.

Directory Topics

2006-11-03T16:11:00.000-08:00

The Forex Forays Directory lists resources for currency traders in the following categories:

Automated Trading Systems

Calculators & Converters

Carry Trading Strategies

Chart-Based Trading Systems

Currency Brokers & Dealers

Discussion Forums & Message Boards

Forex Blogs

Forex News Services

Managed Forex Accounts

Policy, Regulation & Oversight

Trading Courses & Tutorials

Trading Signals

If you'd like to suggest a new forex resource or subject area for addition to the directory, please feel free to suggest it in the comments below.

Related topic:
Blog Subject Labels

Forex News Services

2006-11-03T15:31:00.000-08:00

The following sites provide news coverage of events relevant to the forex markets:

Bloomberg Currency News

About Bloomberg:

"Bloomberg's media services provide real-time and archived financial and market data, pricing, trading, news and communications tools in a single, integrated package to corporations, news organizations, financial and legal professionals and individuals around the world."

DailyFX

About DailyFX:

DailyFX is a service of Forex Capital Markets (FXCM) providing 24-hour market news and analysis.

Forex Trading News Center

About Forex Trading News Center:

"The complete Forex portal offering live streaming forex rates, live forex charts, forex news, forex trading forecasts, technical analysis, currency converter, forex books and educational material."

Forexnews.com

About Forexnews.com:

"Forexnews.com was created in January 1999 and is committed to enhancing public knowledge about the foreign exchange markets. The site offers the latest insights and analysis in currency markets, freely available to traders and researchers alike."

FX Street Forex News

About FX Street:

Features real-time quotes, news, newsletters and interactive chats with forex experts from all over the world.

Would you like to share your experiences with any of these forex news services, or suggest one we've missed? Please feel free to post your feedback in the comments below.

Trading Courses & Seminars

2006-11-03T15:09:00.000-08:00

The following sites provide courses, seminars, tutorials, and training products for forex traders:

4X Apprentice Course

About the 4X Apprentice Course:

"The 4X Apprentice™ is an Online Course, designed with the novice in mind. Students quickly learn how to trade effectively and profitably in the foreign exchange market. Registrants in our proprietary learning program receive comprehensive lessons, resources, assignments and quizzes."

BabyPips.com: Beginner's Guide to Forex Trading

About BabyPips.com:

"A free, funny, and easy-to-understand guide for teaching beginners how to make money trading in the foreign exchange market."

Elliott Wave International Online Trading Courses

About Elliott Wave Trading Courses:

"For 25+ years, Elliott Wave International has helped professionals and individuals capitalize on the markets' most dynamic trading opportunities. Now, EWI's online trading courses teach you how to identify and trade those opportunities."

Forex Mentor

About Forex Mentor:

"My Currency Trading Video Course shows you how to stick with the very best 'bankable trades', and enjoy as close to a 'sure thing' as you'll ever get. To become a winning trader, you don't have to outsmart anyone, dream up a new strategy, stay up all night analyzing trends, or pay your dues by losing money the first year."

Forex Training Course

About Forex Training Course:

"The Forex Trading Seminar that reveals what the broker-promoted Forex Seminars don't. Now available as a complete Forex Trading Course."

Market Traders Institute

About Market Traders Institute:

"Through dynamic interactive trading classes delivered online and in an on-site 2–day class and backed by unlimited professional one-on-one live market tutoring, Market Traders Institute will build the confidence and teach you the skills you will need to effectively and successfully trade the FOREX market."

Online Trading Academy

About Online Trading Academy:

"We provide the very best in Forex Training. We will teach you all aspects of the Forex trading world using the latest tools and software. You will learn to control your own order flow by using the state-of-the-art ECN for Forex Trading. You will learn how the Pros make money and learn the differences between Forex and equities trading."

Rob Booker Forex Training

About Rob Booker:

"Rob is a foreign currency trader. He also trains traders around the world to be more disciplined and profitable. He has worked with traders on every continent that sustains life in any meaningful way. He has been called the 'Motley Fool of Foreign Exchange' and the 'Prime Minister of Pips'. His columns are read by over 3,000 people each day."

Woodie's CCI Club

About Woodie's CCI Club:

Provides online tutorials and seminars in the use of Ken "Woodie" Wood's trading system, which uses the CCI (Commodity Channel Index) to identify trades.

Would you like to share your experiences with any of these forex courses and tutorials, or suggest one we've missed? Please feel free to post your feedback in the comments below.

Automated Trading Systems & Software

2006-11-03T14:43:00.000-08:00

The following sites provide automated trading services and software for the forex market:

FX Engines

About FX Engines:

"FX Engines is the only trading platform built around trading the news. Our feature set and internal expertise can arm you for trading success, and we make it easy with our no-worry fee structure - no fees! Along with our execution speed, our automation system stands at the forefront of the tools needed to trade the news effectively."

MetaTrader 4

About MetaTrader 4:

"As well as many technical indicators and line studies, there is built-in language for trade strategies programming MetaQuotes Language 4. Using this language, you can create Expert Advisors, Custom Indicators and Scripts. Expert Advisors can analyze the situation on the market, make decisions, put pending orders, and open positions in on-line mode without trader's participation."

OneDayTrades

About OneDayTrades:

"With our total automation you can simply open up a brokerage account at our premiere forex broker and automatically have the account traded for you to the exacting standards of the OneDayTrades EURUSD & GBPUSD system."

ProSignal

About ProSignal:

"ProSignal delivers an Automated Forex Trading System and Charting Software/Alert package that makes trading the foreign currency market a reality for everyone. A simple automated trading system you can implement within hours."

Strategy Runner

About Strategy Runner:

"Strategy RunnerTM is a leader in fully automated system trading solutions. Strategy Runner Ltd. offers financial institutions and private traders a complete trading solution that brings definition and execution of trading strategies to a new level."

TradeBolt

About TradeBolt:

"TradeBolt™ is the world's premier fully automated system trading application. TradeBolt will take buy/sell order signals from any signal-generating system and automatically send them to any broker for execution within milliseconds. Enjoy hands-free trading™ with TradeBolt!"

Would you like to share your experiences with any of these automated trading services, or suggest one we've missed? Please feel free to post your feedback in the comments below.

Related topic:
Forex Trading Systems

Currency Brokers & Dealers

2006-11-03T14:19:00.000-08:00

The following companies provide forex brokerage services for currency traders:

ACM Forex

About ACM Forex:

"ACM (Advanced Currency Markets) provides online currency trading via a highly professional forex trading platform, real time currency exchange rates, forex trading software, forex news and analysis on the currency market, and online forex trading tools. ACM offers also forex white label solutions for banks and brokers."

Forex.com

About Forex.com:

"Superior trading tools, 24-hour customer support, and a secure online trading experience are all part of our commitment to offer more to the individual investor."

FXCM: Forex Capital Markets

About Forex Capital Markets:

"FXCM has been awarded Best Retail Platform by FX Week in 2004, and also recognized as Best Currency Broker by both Shares and T2W Member Choice Awards in 2004, and also Best FX Specialist by Stocks & Commodities in 2002, 2003, and 2004."

GFT: Global Forex Trading

About Global Forex Trading:

"We have developed a truly state-of-the-art facility capable of handling virtually any kind of order using the very finest online currency trading tools available today."

MetaQuotes: MetaTrader 4 Client Terminal

About MetaTrader 4:

"MetaTrader 4 Client Terminal has been created to provide trade operations and technical analysis in real time mode, when working at Forex, CFD, Futures financial markets. A wide range of orders allows flexible management of trading activities."

Oanda FXTrade

About Oanda FXTrade:

"Our mission is to create an efficient, transparent, and fair forex market place so you can make the trade you want, when you want, at the lowest possible cost."

Would you like to share your experiences with any of these forex brokers and dealers, or suggest a service we've missed? Please feel free to post your feedback in the comments below.