The Forex market is one of the largest financial markets on
Earth. The average day to day volume is more than $3 trillion. The Internet,
together with deregulation and globalization, has engendered a wave of hyper
competition that includes the emergence of new exchanges, markets, and
distribution channels providing opportunities for cost reduction and Strategic
advantage. The Bank for International Settlements (BIS) recently reported that
the foreign exchange also known as the forex is at 2.9 trillion daily. Historically,
Forex has been mainly dominated by banks, including central banks, commercial
banks, and investment banks. However, the percentage of other market
participants is rapidly growing, and now includes large multinational
corporations, global money managers, and now more often the average Joe. Only one
problem the corporations and market managers have the financial backing that
most people don’t. Using Technical analysis software can close that gap.
The program that I find to be very useful is called Million
Dollar Pips. This program is very easy to use and set up. Here is an overview
of the set up process.
Step two: Download
the Meta Trader. Review
Step three: Install
the software using the simple installer.
Step four: Click
a few buttons to set it up and your running in a matter of 5 - 10 minutes.
