The following selection of systems cover the three basic requirements for forex trading:- 1. Real-time price quotes systems at interbank level; 2. Technical analysis tools for charting price movements (eg. tic, 5-min, hourly, daily, etc) and technical indicators and buy/sell signal generator systems (eg. RSI, stochastics, Elliot waves, Gann lines, etc); 3. Fundamental analysis covering economic news and data releases, the impact of world political events and market sentiment. |
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Data Broadcasting Corporation |
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Omega Research technical tools |
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Townsend Analytics Ltd |
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Aspen Graphics |
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Bridge Information Systems |
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No technical methodology, trading system or analytical tool is foolproof. The final trading decision is only as good as the premise upon which it is built. It is not how good the forecast or prediction is, but rather how well one handles the inevitable losses that will occur in trading. |