Forex Trading Australia - Which Forex Trading Systems Do You Use?

Question

Looking for forex trading software reviews and recommendations from people in the know.

Answer 1

I use Forex Tracer as my single-point forex trading system. It works seamlessly with my Metatrader 4 broker and is pretty good at spotting signals & creating trades. I work out of Melbourne, Australia as a forex trader.

Answer 2

Oanda and Interactive Brokers are the two main leaders for pros. Check out reviews and comments on elitetrader.com

Answer 3

you may check on this site.  this is one of the leaders in forex trading and have offices in Sydney and Melbourne.  you can start trading for as low as $100 and can use your credit card to fund your account.  they offer 24-hr commission-free trading in 14+ currency pairs on a web-based trading platform that requires no download or installation.  they even provide a personal Account Service Manager for you to discuss live over the phone, email or chat as you like to answer all your technical questions and will also trade with you to make sure you get familiar with their system.

Answer 4

forex.com

Answer 5

Focus more on fundamentals than technical analysis. Economic news analysis is what moves the markets.

Here is a free site that shows what has happened after economic news releases:

http://www.forexnewspatterns.com