Forex Calculator--which one is the best?

Question

Recently, I've been having much trouble with Forex, and I was wondering if anyone may know of a calculator to guide me along the right path. I've gone on Google and typed 'Forex Arbitrage Calculator' and just Forex Calculators and all of them seemed to be the same. Please post a link to what you think is the best Forex calculator. I can't trust the news sites that the Forex companies put up because they haven't been helping me much.

Answer 1

You could use a forex trading system such as Forex Autopilot. I believe the owners have set up a "community" for the owners of this product.

You've got to be careful, though, because most systems are actually just big fat "scams". I personally use Forex Autopilot so can say it's pretty good, however many other systems simply collect your money and don't deliver.

I used this review to help my decision about Forex Autopilot: http://www.fxsystemscompared.com/rev_for...

Hope this helps?

Answer 2

What functions are you looking for in a forex calculator? What do you want to get out of it? Are you looking for pivot points calculator? And what did you mean when you said "...a calculator to guide me along the right path"?

It sounds like your trades are not doing as good as you expected it to be, and I am assuming from what you wrote, that you are looking for a tool that will help you make better trades. Is this correct?

If so, try several trader's forum and interact or read the posts in those forums. These are:

http://elitetrader.com

http://trade2winc.om/

and http://moneytec.com

You will find a number of resources on the business of trading from these three forums I mentioned.

I rarely use a forex calculator when trading except to compute for position sizing. In case you need this one, here's the URL of the site that I use-- http://www.forexcalc.com/ (You've probably found this on google previously).

OANDA.com has several calculators that I find useful at times. The URL is-- http://www.oanda.com/channels/products/p...

Good luck!

http://jsforex.blogspot.com

Managed Accounts in Forex Trading

Answer 3

Calculators are not always profitable. It can sometimes lead us into confusions as we do sometimes play with our instincts. We like to trade with the best currencies pairs through our basic intuitions.

Therefore its always better to take expert advices and trade what our heart and mind says. I always avoids using such techniques but definitely take help of my financial adviser of my broker Finexo.

These people are best in consulting forex trading and often gives good results.

Answer 4

Way to go "D". Tell someone to stay away from something you know absolutely about because you heard someone tell somebody something you know nothing about. 1 thing i know that's what the "D" stands for.

Your a D***

Answer 5

oh my, stay awya from that forex stuff.