The introduction to the Forex Day Trading

Hello! If you wanna be well-known about all details of forex day trading systems – you came to the right place. So let`s start of the basic definitions. What is the forex day trading system? Let`s go to Investopedia to find the answer:

A set of analyses that the forex day trader uses to determine whether to buy or sell a currency pair at any given time. The day trader's currency trading system is usually made up of a number of currency day trading signals, which are based on technical analysis charting tools or fundamental, news-based events.

There are two types of FX day trading systems: manual and automated. Using manual system you need to track the FX market dynamics by yourself. You need to know a lot of different forex signals and have pretty much experience to make the right decisions where to open or close positions.

The automated system is interpreting forex trades by itself. It can be very helpful especially for newbie traders who are still not very experienced and still are very disturbed with the trading psychology factor.

Within this blog I`m going to make a lot of reviews for different day trading systems to compare them and find out the most profitable solutions. Also I`m going to provide you with the tons of valuable information on day trading.

I`m very thankful to Mikel Darvin (automated systems reviewer) for the information provided for this blog.