If you do searches on the internet for forex trading systems you will find websites dominated by technical indicators, with no real complete systems available.  These technical indicators and the automated robots that are based on these indicators do not work and forex traders are very tired of this approach, and all of the ensuing frustration. 

The concept of a computer program that executes decisions and trades for you is a great concept. In practice and real trading, these expert advisors and robots do not work and are extreme time wasters. Forex robots are based on the same failed technical indicators. Remember the vast majority of retail traders fail and this is what they use. So it would stand to reason that you would completely avoid robots. Robots do not account for trading sessions, news drivers, trending versus choppy market, and about 10 other variables, ... Read more »

This article will compare and contrast where the retail forex trading industry started and where it has progressed to since retail trading became available to the public. We will examine 4 areas: Retail Forex Brokers, Forex Educational Providers, Indicators and Trading Systems, and Forex Website Quality. In 2000, the CFTC won the authority to regulate forex trading and by 2008 most of the major problems were cleared up related to regulation of the industry in the USA.

When retail trading became available to online traders, the advantages over trading the stock and options market were very clear. Liquidity and leverage were built in. Equity, index and options traders worldwide became immediately attracted to the forex market. As of November 2012 this daily turnover had exceeded $5.0 trillion ... Read more »