What is 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.

Users also receive detailed trade analytics for each signal along with intra-day market briefings. Trade analytics quickly summarize the technical & fundamental developments, analytical thought processes and rationale behind every trade. Intra-day market briefings for 5 major currency pairs describe key developments in recent trading sessions.

In addition to forex trade signals, DashBoard FX provides subscribers Market Analysis Gauges which are continually updating with streaming data. By taking proprietary algorithms and breaking them down into easy-to-understand visual indicators, DashBoard FX helps subscribers easily assess market conditions and make more informed trading decisions.

Driving? What's that got to do with Forex Trading?

The other day, while driving to work, with my wife beside me, enjoying the mild winter sun and lost deep in thought, I suddenly remarked, "You know, driving is like forex trading." Startled, my wife said, "Driving? What's that got to do with forex trading? And besides, what do you know about driving anyway?"

The need to maintain professional dignity prevents me from narrating the rest of the conversation.

Many a times we can comprehend something better when we see it in the light of something else that we are already familiar with, well versed in. The metaphor of driving keeps recurring to me in connection with foreign exchange trading. We can feel more at ease with foreign exchange trading if we can see it in the light of driving, something most of us do everyday.

Foreign exchange trading is like driving a car. Some people are Formula One Grand Prix drivers, some drive in African and Himalayan Car Rallies while the majority of us are daily city motorists. Whatever be the road you drive on whatever your vehicle may be like, you need to keep your wits about you and follow the rules of the road.

The maximum number of rules apply to the City Motorist - keep to the left (or to the right, as the case may be), stop at the red light, give the pedestrian the right of way, drive within the prescribed speed limit, don't enter into a one way street and so many more. As long as he adheres to these rules, the motorist can be relatively assured of a safe ride to work and back home and that the traffic police will not bear down upon him. The City Motorist can hardly ever afford even a scratch on the car.

The Rally Driver is a little more adventurous and his sponsors are ready to bear the expenses of the car getting mangled as long as he manages to win the trophy. The same applies to people like Michael Schumacher. Both, however, have to follow the rules of the races they take part in, else they run the risk of getting disqualified.

Forex

The foreign exchange market, or forex, has notoriously been the domain of government central banks and commercial and investment banks. But now more than ever individuals are tackling the forex market as it offers trading 24-hours a day, five days a week, and the daily dollar volume of currencies traded in the currency market exceeds $1.9 trillion daily, making it the largest and most liquid market in the world. In this area Investopedia focuses on everything to do with forex, from beginner to some of the most advanced strategies out there.

Forex Broker

Forex brokers are going to give you all types of information and advice about where you can invest and how you can invest with foreign companies. Forex systems are not available through all types of commercial investing companies but you can find a few Forex brokers in most all areas of the world. Forex brokers are found in large commercial investing firms, in most larger banks, and now with the help of the internet you can find many Forex brokers online. Use a Forex broker if you want to learn more about how to invest, where to invest, and how much money you need to invest in a Forex system right now. Forex brokers are going to tell you what the minimums are. In some cases, you can invest as little as five dollars to open a Forex trading account. In some areas, and for some investment companies you must invest a minimum of $200 or even $500. It is important to remember that every investment firm is different, and will have set minimums for their business to take place. Fees through a Forex broker will be based on the amount of the transaction and the type of transaction that you are completing. Moving from fund to fund or from Forex account to another Forex account you will incur the largest types of fees, but be sure to read the fine print on the Forex broker site where you intend to do business to be sure. Forex brokers make their money on the fees they bill when helping clients move money, and put money into investments. A Forex broker should be a person you can trust, understand, and that you feel is honest with you. A Forex broker is one that you should not receive phone calls from, urging you to put large amounts of money into an account, right now. A Forex broker will present you with information about an investment, and then allow you time to make up your own mind if you are interested in the investment or not. A pushy broker is one that could be trying to earn a commission or could be trying to scam you. Again, your Forex broker is a broker you should feel comfortable in dealing with on a daily or weekly basis, but for many people, you may only talk to your Forex broker once a month or even less than that. Investing money is a big decision. When deciding what broker Forex advice to take, or where to seek broker Forex advice you can use the links on these pages, or you can use your local yellow pages to find a possible Forex broker in your town or city. Not many Forex brokers are located in small towns or cities but in larger areas where the population is larger and more people have a need for such Forex and investing information