In this post I will be giving a brief overview of the basic Forex Money Management principles and how they can affect your forex trading. I will touch upon some of the most important aspects and compare the different types of Forex Money Management strategies to try and help you to understand the importance of good money management and decide on what Forex Money Management strategy is most suited to your individual trading style. What is Forex Money Management? In a nutshell, Forex Money Management are some basic rules that you follow when trading a forex strategy on your trading …READ MORE
Hello Everyone and welcome to my forex review site. I am Rich, also known as The Forex Geek. Why? Because I am a self-confessed full time over analyser of everything forex. If you are looking for forex reviews then you have come to the right place! I provide honest reviews of everything forex related including forex robots, forex trading systems, forex trading courses, forex trading tools, forex signals, forex brokers, forex rebates and forex VPS’s.
I have been studying forex for so long now that I can happily share with you my extensive knowledge and honest forex reviews based on my own opinion and findings, you can then make your own decisions after browsing my dedicated forex review website. I carefully select and review the best forex robots, forex trading systems, forex trading courses, forex signals and more.
I have tested more than I care to remember and continue to do so day in day out! I can also code personal forex robots and forex indicators in MQL for MetaTrader and Jforex for Dukascopy. You can download my free forex robot that I have personally coded from this site. It includes over 40 technical indicators and 11 candlestick patterns that can be switched on/off.
If you need a MetaTrader 4 indicator or expert advisor coded then please feel free to contact me as I am always excited to be involved in new forex projects and can complete your coding requests. I also welcome review requests.
Welcome to the world of The Forex Geek! Your Ultimate Forex Review Site!
All information on The Forex Geek website is for educational purposes only and is not intended to provide financial advice. You should understand the risks involved with trading. Your capital is at risk.
In this post I will be giving a layman’s explanation of Forex Leverage and Forex Margin to help you understand what they are and the potential risks involved. It is extremely important that you have a clear understanding of both Forex Leverage and Forex Margin before you start trading. I often see forex traders around the web trading without an understanding of these very important factors and whilst brokers may promote high leverage to attract clients, it can be dangerous especially to the uninformed who wonder why they end up blowing their trading account with a margin call or stop …READ MORE
In this post I will be explaining what forex spreads are and why they are an important factor to consider before trading the forex market. Forex spreads can be the difference between a profitable and non-profitable forex trading strategy, especially when using a forex scalping system. Before placing a trade, you should consider the current spread and how it can impact your trading costs and therefore the potential profits your next trade may or may not achieve. What are Forex Spreads? In a nutshell, forex spreads are the difference between the bid and ask price. This is a trading cost …READ MORE
In this post I will be reviewing the extremely innovative and forward thinking 8topuz developed by an emerging fintech company who specialise in the development of artificial intelligence trading algorithms, with great success! Through 8topuz, the average trader can benefit from one of the most advanced trading algorithms that has been applied to forex trading. 8topuz has a proven track record of delivering a good solid performance at the time of me writing this review, with a real verified by FX Blue account showing an impressive gain of over 44k with a win rate of around 60% on a live …READ MORE
Bitcoin has begun to crop up now and then on the fringes of forex talk. The issue, however, is that it isn’t always viewed as a form of money anymore. In fact, strictly speaking, bitcoin has been classified as a commodity by some major financial institutions – which explains why more people see it as an asset than as cash in digital form.
Forex is known to be volatile, but in reality, it’s not that simple. The market is not random, even if it sometimes seems that way. Instead, it has rules and even laws. You just need to know how to read the situation and understand what it means. Forex has been around since 1981, but for a long time market analysis was neglected. There are reasons to believe that the major banks and other market participants had internal analytics divisions, but their findings were not made public. Even after private Forex trading was allowed in the 1990s, market analysis remained neglected. …READ MORE
Forex trading is a complex business, and as such it requires skill, perseverance and market insight, as well as an innate bravery, to succeed. For new traders it can be tough to achieve success in this market, but Forex is a great place to diversify your portfolio and can make you strong returns if you make the right choices.
I this post I will be reviewing Ninja Forex which is a forex trading website which helps to facilitate interaction with fellow traders to share and learn from each other’s experience. This is not a forex trading tool as such but does include information that could be beneficial to some traders. You can challenge each other and compete whilst checking out others strategies to see if they have aspects you can include within your own forex trading strategies. The Ninja Forex website includes a wide variety of verified forex accounts that you can view in more details should you be …READ MORE
In this post I will be reviewing the ZuluTrade forex signal online social and copy trading platform. ZuluTrade is a forex signal service that allows any level of forex trader to copy trades of experienced forex traders fully automated. With ZuluTrade, you can view the performance of talented traders from 192 countries and follow their forex trading signals on your own trading account. You can combine the trader’s signals to create your own diversified trading portfolio which can help to optimize your overall trading performance. There is no manual forex trading required with ZuluTrade. You simply choose the traders signals …READ MORE