Start here with this site. some good guides and tools.

I liked Jesse Livermore’s The World Greatest Stock Trader. Other good ones are like ‘Mastering the Trade’ and ‘Trade Your Way to Financial Freedom’.

You can see more at this list.

The best periods to calculate pivots are the daily and weekly periods. If you trade with daily charts, use the weekly pivots. If you trade intraday, use the daily pivots.

Good luck

there is not one book that will bring miracles to your trading. You will have to read a number of books, develop your own theory on how you can make money trading forex, and practice.

Some books that have helped:
- beyond candlesticks
- the mental game of baseball

good luck!

Good Luck With that one , you will need to be able to compete with the Best of the Best as of right now forex ring leader is considered the top Forex Signal alert Company and has been around for about 3 years and has never lost a month yet! Then you’re going to have to be able to beat there minimum pip guarantee of 350 pips per month or the next month is free. Last time I check there where giving out free trials still.
Then you’re going to need to be able to send your alerts via e-mail and “sms” around the world and to any country in under 5 seconds. And you’re going to need a detailed trading report that is to verify or risk being called a scam. There are a lot of alert services that pop up every month but never last long due to the stiff completion from the big guys. Before you waste your time take a look at fxringleader track record for ideas on how good you’re going to need to be. And whatever you do when you build a new alert site NEVER post a fake trading history. It’s easy to detect and you will be out of business fast.

This is the current trading report:

As you have mentioned that you are new to Forex Trading, the first thing I would like tosay that please don’t depend only on Pivot points or any single technical analysis. In Trading we need to first have an overview of Fundamentals (like a canvas on which we paint a picture for longer term) to Technical analysis for shorter term.

Forex Trading, unlike stock (share) trading, is not bound by national exchanges and hence is open 24 hours globally. Because of this simple fact traders end up in calculating pivot points for different time zones. London being the center of Forex trading (because it overlaps all time zones), makes people think that GMT 00:00 is the right thing to calculate pivot points but I completely disagree. A trader waking up in New York may calculate it for his/her previous day and not for London’s waking ours and that may work.

We at would initially put our results for US session but are planning to do it all the sessions soon.

If you are looking for the best forex software, visit this site

This software is the best software that can help increase your trading profit and user friendly.

Best Wishes,

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Good luck!

The ivy bot is looking really good at the moment. It was developed by a bunch of guys who were were studying at a very prestigious university. It actually has 4 Robots, 1 for each currency pair in which it was designed to trade, so its way beyond the rest of the other forex robots. I’ve been using it now for the past month & have made a good bit of money with it….