Forex Trendy Review - Best Forex Trend Scanner

What is Forex Trendy?

Forex Trendy is trendy scanner to avoid trading during uncertain market periods. You can get a lot of trading signals software for Forex and binary options but at the current time Forex Trendy is the best trendy scanner software. It's used no Forex indicator but the Forex trendy is determined by pure price action.

Is Forex Trendy a scam?

Forex Trendy is not provided scam signal. It's have live trading room services, providing user with access to live chats, strategic guidance, price action setup, ongoing support, audible alert, email alert, user friendly interface and mach more. Forex Trendy provide 60 days money back guarantee, So that you can make a the best own decision.

How dose work Forex Trendy

Forex Trendy automatically detects the best possible trends. It's observed Forex market and providing signal depend on markets condition. Forex Trendy have simple tools and live charts so that you can get best possible entry point and increase your daily profit.

Forex Trendy Features for member

• Live Charts
• 24/7 Customer service
• Audible alert and Email alert 
• 34 currency pair
• E-book
• Friendly interface
• 60 days money back guarantee

Buy Now Forex Trendy

WHAT IS FOREX

Forex (also known as FX, FOReignEXchange) is an international (interbank) financial market for trading currencies. It is world (international) market and so it works round-the-clock (from Monday to Friday). That makes it more attractive in comparison to certain (national) foreign exchange markets, where trading is carried on only within working day. In addition Forex is a leader of total volume of daily transactions among financial markets. Today its daily turnover is more than $4 bln, analytics predict $10 bln increase by the year 2020.

Such a huge volume (Forex market volume in daytime exceeds approximately twice the USA annual budget and fourfold - the annual budget of Great Britain) is a guarantee of high liquidity of the market. Liquidity is a currency ability to be changed practically without any difficulties with other currency.

There are lots of professionals who work with Forex (banks, trusts, funds, transnational corporations, broker companies). Broker companies act as intermediary between the currency market and individual traders, enabling investors with different financial abilities to carry out operations at Forex and to earn (due to significant leverage) significant means.

Not aiming to give full detailed history of financial markets, we will mark some of the most important dates of its development.

The currency market has a great history that starts in the Ancient Middle East. In the Middle Ages the appearance of international banks rises the necessity of means of payment that could be valid when offered to third parties. This period is marked with increase in number of transactions, their variety and flexibility.

By the end of XIX century the currency market takes more or less developed forms. In 1867 in Paris it was registered as legislative structure. There were no fluctuation of currency at that period as all the currencies were tied to the gold. This period is called The Epoch of Gold Standard.

The next important date is 1944 when in the Bretton Woods (USA) the Bretton Woods Agreements were signed. According to them all the world currencies were tied to USD, and the latter - to the gold. The agreements established the International Monetary Fund (IMF). The rate changes were strictly regulated within 1%.

In 1971 USA gave up on free convertibility of dollar to the gold, and as a result of the agreement signed in Washington (USA) - the Smithsonian agreement, the fluctuations to 4,5% against dollar and to 9% against non-dollar pairs became possible. In fact it brought the Bretton Woods system to the end.

In 1976 IMF proposed to confirm legislatively the relationships between currency market participants in the form of a new agreement which was signed in Kingston (Jamaica) by the leaders of 20 largest economic countries, except those in communist block. As the result of this (Jamaican agreement), USD became international reserve currency with function of universal mean of payment and the evaluation of currencies of other countries. This agreement also officially opened the possibility to free-floating rates, although some countries ignored the established in 1971 restrictions on currency fluctuation.

Probably, it is the moment of beginning of the Forex market in its actual form. With time and development of telecommunication technologies, the trading in the building of stock exchange gave way to phone dealing and then to electronic dealing systems. Today practically all the transactions take place via Internet.

GET STARTED WITH FOREX TRADING

The first step to successful Forex trading lies in understanding the Forex market structure with its advantages and disadvantages, appreciating its reefs, studying analysis methods, market predicting and trading principles and creating personal Forex trading strategies.

A brief excursus into the Foreign Exchange market - Forex, as well as a description of trading principles, analysis and predicting methods can be found on our site, in the pages: Introduction to Forex, Understanding Forex, Forex Techniques, Forex Glossary, Forex Trading FAQ. Unfortunately, the information you find on our site is only a small portion of the vast volume of information available nowadays. But this information will help you get started.

The second step is implementing the acquired knowledge in practice - studying and using the Forex trading platform, placing, deleting and modifying orders, opening and closing positions and so on.

At this stage you need to practice on a Forex Demo Account. A demo account lets you develop your skills without financial risk as you do not need to invest. Demo accounts are free. Instructions for opening Forex demo accounts can be found on the page "Open Demo Account".

After the first positive results, many forex traders enter the real Forextrading market and do not succeed. That's why you need to get positive results that are stable first. The knowledge you gain, through correct trading with your own system, following your rules, developing steel logic and psychological stability, in absence of greed and following a money management system will all be determinant at this stage.

To assist traders in accomplishing this difficult task, our company has prepared two special types of accounts - LITEForex and REALForex.

LITEForex accounts offer Forex beginners the possibility of starting real trading on Forex with real deposits. But keep in mind that profits and losses on this account will be minimal. Even stable profits cannot cover your Internet expenses.

A small starting deposit, which any Forex trader could lose absolutely painlessly, will help you overcome the very complex transitional stage of going from a demo account to a live account.

Since all LITEForex group accounts are in cents, Forex traders will practice working with amounts that have more and more zeros, like in US dollars. This helps prepare traders for the future and escape psychological pressure when trading on professional accounts.

Moreover, the LITEForex Forex account can be used by skilled Forex traders for testing different mechanical trading systems.

REALForex type accounts belong to the "professional" category and are aimed for skilled forex traders, working with big amounts of money. All operations on this account type are made in US dollars; maximal deposit is unlimited.

FOREX EXCHANGE & MARKET INTRODUCTION

Foreign Currency Exchange (Forex) Trading allows an investor to participate in profitable fluctuations of world currencies. Forex trading works by selecting pairs of currencies and then measuring profit or loss by the fluctuations of one  currency's market activity compared to the other. For example, fluctuations in the value of the U.S. Dollar are measured against another world currency such as the British Pound, Euro, Japanese Yen etc. Being able to discern price trends in forex market activity is the essence of all profitable forex trading and this is what makes foreign currencies so exciting, currencies are the world's 'best trending' market. This gives Forex investors a profit making edge that is unavailable in most other markets.

Forex trading is being called 'today's exciting new investment opportunity for the savvy investor'. The reason is that the Forex Trading Market only began to emerge in 1978, when worldwide currencies were allowed to 'float' according to supply and demand, 7 years after the Gold Standard was abandoned. Up until 1995 Forex Trading was only available to banks and large multinational corporations but today, thanks to the proliferation of the computer and a new era of internet-based communication technologies, this highly profitable market is open to everyone. The Forex Trading Market's growth has been unprecedented, explosive, and continues to be unequaled by any other trading market.

Unlike traditional trading which brings buyers and sellers together in a central location (trading floors) in Forex Trading there is no need for a centralized location. Forex is a market where worldwide traders conduct business by high-speed Internet connections with the Interbank Foreign Currency Exchange via Forex Clearinghouses (also called Forex Brokerage Firms). Forex has not only become the fastest growing trading market, but also the most profitable trading marketplace in the world.

Simply stated, Forex is the most profitable because it is the world's largest marketplace. The Foreign Currency market as a whole accounts for over 1.2 trillion dollars of trading per day (as determined by the fourth Central Bank Survey of Foreign Exchange and Derivatives Market Activity, 1998. This figure is understood to be significantly higher today). To put this into perspective, on any given day the Foreign Currency Exchange Market activity is vastly greater than the Stock Market. It is 75 times greater than the New York Stock Exchange where the average total daily value (using 1998 figures) of both foreign and domestic stocks is $16 billion, and much greater than the daily activity on the London Stock Exchange, with $11 billion.

Furthermore, in addition to being the world's largest and most profitable market, The Foreign Currency Exchange Market (forex) is the world's most powerful and persistent trading market regardless of negative economic indicators. This is because currencies 'trend' better than every other market due to their macro-economic nature. Unlike many commodities whose supply and demand fundamentals can literally change overnight (as we found in the sudden dot com 'market adjustment' and even more abruptly on September 11, 2001), currency fundamentals are much less random, and far more predictable. This is well illustrated in the way interest rates are changed gradually and only in small increments.

Other examples of fundamental predictability are illustrated by the following statistics. Of the $1.2 trillion day trading in Foreign Currency Exchange, 83% of spot foreign exchange activity and 95% of swap activity involves US Dollars. The Euro is the second most active currency at 37%. The Japanese Yen (24%) and the British Pound Sterling (10%) are ranked third and fourth. The Swiss Franc is 7%, and the Canadian and Australian Dollars account for 3%.

Spot Forex is the type of forex trade in which self-traders concentrate most of their investment activity for reasons that are self-explanatory. By definition, a Spot Forex transaction is a currency trade transaction that has a settlement (liquidation) within a maximum of 2 working days following the closing of the trade. Therefore Spot Forex allows the self-trader high liquidity. Another popular feature for well-advised Spot Forex self-traders is the strong profit potential from continual market fluctuations by buying a specific currency when it is weaker and selling it when it is stronger, and the continual pairing of strong currencies against weak ones. This potential for profit or loss is amplified by the effect of leverage. Leverage is a term that describes what can be achieved when a smaller amount of money controls a much larger amount of money. With regards to Forex Trading for example, a leverage-factor of 100 can allow the trader to hold a 100,000 US Dollar position with a modest 1,000 US Dollar margin deposit. Online Forex day trading focuses its investment activity largely on Spot Forex because of the 'risk manageability' of in-and-out trading plus the potential to generate excellent and highly liquid profits.

"Few financial industries generate as much excitement and profit as currency exchange. Traders around the world enter trades for weeks, days or split seconds, generating explosive moves or steady flows, and money changes hands quickly at a staggering daily average of a trillion US dollars. Forex profitability is legendary. George Soros of Quantum Fund realized a profit in excess of 1 billion dollars for a couple of days work in September 1992. Hans Hufschmid of Soloman Brothers, Inc. netted $28 million for 1993. Even by Wall Street standards, these numbers are heartstoppers".*

Despite its high trading volume and its fundamental role in the world, the Forex Market is rarely in the media limelight because its method of trading transaction is less visible than the Floor of a Stock Exchange. However, trading on the Foreign Currency Exchange Market is today surging into the public awareness, as flocks of internet traders are attracted by the market's inherent profitability and risk manageability. Add to this the absence of geographic or temporal boundaries and vibrantly active Forex market is open to all players.

InstaForex - the best broker of Asia

InstaForex trading conditions are universal tools for funds management at Forex market. The main activity line of the international Forex broker InstaForex is rendering first-grade investment services aimed at speculative profit making from operating in the worldwide financial markets. InstaForex Company clients use the leading-edge technologies in the online-trading and they have an access to news and informational resources submitted by the major information agencies.
Today, InstaForex services are of a great interest for more than 500 000 Forex traders all over the world, among them there are beginners as well as professionals of Forex currency trading. Opening an account you get an access to Forex trading operations, CFD for NYSE shares and also to futures deals of Forex and commodity markets.


InstaForex dealing center grants access to online trading sessions around the world. Our clients manage their funds on the exchange market not leaving their homes or offices. Aside from obtaining information on the latest events of the financial world and reading Forex reviews and forecasts, you can have a trading course as well. For this purpose you just have to receive our free demonstrative version of trading account. The education process is maximally simplified with InstaForex dealing center. We do not have any limitations for deposit amount or deals. The world's leading brokers come as counterparties of InstaForex. Cooperation with the Western brokers allows implementing 24-hour coverage of all client deals on the stock exchange. That is why, opening account in InstaForex dealing center you gain direct admittance to the market and Forex currency transactions. 


None of Forex brokers gives a guarantee of money earning. Playing on the currency market involves certain risks of full and partial loss. We afford operating on the market without swaps. It must be taken into consideration by each trader planning to cash in on the investments. Forex market appears to be a high-yield and high-risk way of investing the funds. Nevertheless, InstaForex guarantees the safety of its clients' monetary assets and reliable protection from non-trading risks for funds on their accounts. The best trading terms for live accounts and reward scheme of 30% Forex bonuses is a helpful aid for each participant in his daily activity. We do not promise you a profit on Forex, but we do provide the necessary trading conditions which raise the probability of beneficial result of your deals much higher than our rivals. 


We offer you to run trading activity without swaps and spreads depending on preferences of the trader. We afford fixed spreads and the highest trading leverage. For clients having live accounts from 100 000 USD a protection guarantee is issued by means of segregated Forex accounts. Our trading terms for operating on the market are meant for making currency trading with InstaForex the most comfortable and profitable one. To this date, more than 500 000 traders have chosen InstaForex as its broker for playing on Forex stock exchange with MetaTrader platform. By January 01, 2011 over 200 representative offices of InstaForex Companies Group have been established all over the world. Recognition of InstaForex high working level allowed the company to achieve a prestigious award "The Best Broker in Asia" in 2009 from the international economic magazine "World Finance". InstaForex – a worldwide leader in the field of brokerage services on Forex market.

Forex trading | foreign exchange market

Forex Trading is trading currencies from different countries against each other. Forex is acronym of Foreign Exchange.
For example, in Europe the currency in circulation is called the Euro (EUR) and in the United States the currency in circulation is called the US Dollar (USD). An example of a forex trade is to buy the Euro while simultaneously selling US Dollar. This is called going long on the EUR/USD.
How Does Forex Trading Work?
Forex trading is typically done through a broker or market maker. As a forex trader you can choose a currency pair that you expect to change in value and place a trade accordingly. For example, if you had purchased 1,000 Euros in January of 2005, it would have cost you around $1,200 USD. Throughout 2005 the Euro’s value vs. the U.S. Dollar’s value increased. At the end of the year 1,000 Euros was worth $1,300 U.S. Dollars. If you had chosen to end your trade at that point, you would have a $100 gain.
Forex trades can be placed through a broker or market maker. Orders can be placed with just a few clicks and the broker then passes the order along to a partner in the Interbank Market to fill your position. When you close your trade, the broker closes the position on the Interbank Market and credits your account with the loss or gain. This can all happen literally within a few seconds.