Free Forex Software: Forex Online. Forex Basics. Basic Charts. Trading Examples. World's Currencies. Forex Platforms. I wanted an application that shows the global course, the trend of the main currencies, all together and in a simple manner. For this purpose software ForexTrend was created. It's a gift from us.

Instructor As an instructor with Online Trading Academy, one of the most common topics I receive questions from my students about in the classroom-based environment and also the on-going Extended Learning Track program (XLT), is with regard to the nature of trend and its role in the world of financial speculation. Pick up any book or head over to one of the hundreds of trading education websites out there and you’ll be sure to see plenty of thoughts and instruction with how to deal with market trends. The vast majority of opinions out there will no doubt quote the same famous message: ”The trend is your friend.” I thought it would be interesting this week to offer my own perspective on this topic and give you a good idea of how we regard the concept of trend within the educational environment of Online Trading Academy and how it features within our simple rules based patented core strategy. Firstly, let’s face facts. The concept of following the trend is a simple one and makes a great deal of sense on paper. I guess you could compare it to swimming against the current. Do this and firstly, you are unlikely to travel very far and secondly you’ll more than likely exhaust yourself in the process.

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When we look at trend within the confines of currency trading we can apply the very same logic. A trend is nothing more than a sentiment gauge, or another way of looking at it would be to regard it as the thought process of the masses that are trading that particular currency pair of financial instrument. The trend is the dominant direction that the marketplace is trading and is the result of a bias to either buying or selling taking place. When we think about it like this, it makes little sense to fight a trend and every sense to go with it.

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