Elite Forex offers our traders


Forex trade signals emailed to you LIVE, on all major crosses (for standard accounts only) based on the Intrepidus FX Trade system
Instant Message chat signals for our own trades being generated in our forex managed account. This is not automatic, but done by our own dealers. (for standard accounts only)
Trader forums to discuss trades & strategies with other Elite traders, monitored by the EES staff. Chock full of articles, strategies, and trader information.
Full customer support dealing with our brokers. EES is an IB of many leading FCM's
Market analysis provided by the EES team as well as 3rd party analysis.
Trading notes - notes on trades placed in our company account and our managed forex accounts.
Free tools and resources
Trading strategy

A General Overview of Forex Trading

I am sure that there are not too many people out there that have not heard of the stock market. For years, the stock markets of the world have traded on the financial vicissitudes of thousands if not millions of companies. There are many different markets around the world where the trading of stocks take place, however, there is one form of trading that has become perhaps the most popular form of trading today. This particular form of trading is known as forex trading. Forex trading is the preferred method of trading currency. This way of trading will typically pit one world currency against another and the positive or negative outcome of this trade will depend upon the upturns or downturns of the particular currencies being pitted against each other.

Forex trading has become so popular for a variety of different reasons. One reason to point to is that trading Forex can bring very quick results. With a typical stock-trading scheme, the idea is to go long with a stock investment. Going long simply means that a stock or stocks are purchased and these stocks are left alone to grow and mature financially for a long period of time, sometimes many years, before they are sold for what the investor hopes will be a hefty profit. With Forex, You will typically not go much more than a few days between purchasing the currency and selling the currency. Therefore, if you trade Forex, you will have a pretty good idea within a short period of time whether you are going to profit from your trade or whether you will lose out on this one. Another upside to forex trading is that unlike traditional markets that open at 9 a.m. and close at 4:30 p.m. Forex is a 5 day a week, 24 hours a day trading forum. In this case, should some geo-political event happen in the wee hours of the morning and if this event should in some way effect the economic markets of the world positively or negatively, you can react then rather than waiting until the markets opening.

In the past forex trading had been the sole province of the wealthy and the large banks and corporations. With interest in trading currency increasing the market responded by creating what is known as Mini Forex accounts and as of recently, the Micro Forex Trading account. With these new Forex designations, the currency market was now open to anyone willing to trade, regardless of their financial station. This may explain the tremendous growth that Forex has been experiencing.

Global economy to contract in "Great Recession": IMF


DAR ES SALAAM (Reuters) - The International Monetary Fund warned on Tuesday that the world economy will likely contract this year in a "Great Recession" and African leaders said the financial crisis could undo hard-won social-economic gains.

"The IMF expects global growth to slow below zero this year, the worst performance in most of our lifetimes," IMF Managing Director Dominique Strauss-Kahn told African political and financial leaders in the Tanzanian capital.

"Continued deleveraging by world financial institutions, combined with a collapse in consumer and business confidence is depressing domestic demand across the globe, while world trade is falling at an alarming rate and commodity prices have tumbled," Strauss-Kahn added.

As advanced countries focus on problems in their own economies, Strauss-Kahn called on the international community not to forget Africa, where regional growth is expected to slow sharply to 3 percent this year, half the rate of the past five years.

That forecast may "even be too optimistic", he said.

"Even though the crisis has been slow in reaching Africa's shores, we all know it is coming and its impact will be severe," he said. "We must ensure that the voices of the poor are heard. We must ensure that Africa is not left out," he added.

The IMF chief warned that millions of people in Africa will be thrown back into poverty by the crisis, while fragile political systems will be tested.

"This is not only about protecting economic growth and household incomes - it is also about containing the threat of civil unrest, perhaps even war. It is about people and their futures," he added.

He said the combined impact of economic and financial shocks on Africa's growth will be severe. Financial flows are becoming more scarce, trade financing even scarcer and more expensive and foreign investment in Africa's stock and bond markets has fallen, he added.

Tanzania's President Jakaya Kikwete said the crisis posed the biggest threat to the region in recent history.

"So far, Africa's voice on this unnerving situation has been muted as witnessed in different global initiatives and processes, which have emerged to respond to the crisis," he told the 300 delegates at the conference.

He said a meeting of the Group of 20 leaders in London on April 2 was an opportunity to send a clear message to the world on Africa's concerns about the crisis.

The big challenge going forward he said was how to maintain and sustain the gains in economic stability in Sub-Saharan Africa.

Former United Nations Secretary General Kofi Annan said Africa was facing "the equivalent of a tsumani" and the threat comes as the region was just getting into its stride, attracting more private-sector investment, lowering its debts and building stronger democracies.

Trading Strategies

There are almost as many trading strategies used in the forex market as there are traders. But there is some commonality shared by most forex market participants.
The majority of forex traders choose to adopt a trading strategy based on either technical or fundamental analysis, or a combination of both. The description below outlines some of the defining features of both these approaches
Technical Analysis
Fundamental Analysis

Technical Analysis concentrates on the simple fact that history repeats itself as well as a graphical representation of the market price action. This type of analysis is ideal for long-term to short-term strategies, depending on the timeframe used during the analysis process. Use the technical analysis to develop a trading plan and define the target and stop loss for any trade.
Fundamental Analysis focuses mainly on the economic, social and political forces that drive the supply and demand, hence the market price. This type of analysis concentrates on macroeconomic indicators such as economic growth rates, interest rates, monetary policy, inflation and uTechnical and fundamental analysis are both closely linked but they are independent and complementary. Fundamentals assess general market trends while technical analysis is more refined, providing specific entry and exit points for a trade. It is recommended to use a combination of both when defining your trading plan.

Any trading strategy in foreign exchange is based on the following assumptions:

The state of the market
Timeframe for trades
Time your trade properly
Gauge sentiment

First of all you take an overall view of where the market is going.
Determine if the position you want to take is long term or short term.
Don’t jump on the first price available, wait until YOUR price is available.
Review technical analysts' consensus and political conditions.



Risk Warning

The trading of Foreign Exchange, derivatives and Contracts for Difference carries a high level of risk to your capital and it is possible to lose more than your initial investment. Only speculate with money you can afford to lose. These products may not be suitable for all investors, therefore ensure you fully understand the risks involved and seek independent advice where necessary.

City Credit Capital (UK) Ltd ("CCC") is authorised and regulated by the Financial Services Authority. (FSA Register number 232015). CCC is registered in England and Wales under Companies' House. Registered Number 04343251. Registered address: Quadrant House, Floor 6, 17 Thomas More Street, Thomas More Square, London E1W 1YW, England, UK.

Aqua Forex Trade System



New to FOREX? Knowledge is the key to success! Aqua Forex Trade System is the right choice! You will learn all the basics including money managment strategies, the trading platform metatrader, how to conduct basic analysis and so much more. A great start into the forex world! No matter if you like to Scalp the market, intra-day trade or take longer term trades, there is a strategy that will suit you. We have even developed a strategy specifically for part-time traders.

Forex Trading Software Reviews




In this section we have compiled a list of the latest in Forex Trading Software. When selecting the best software package for you it is extremely important to choose one that suits your style and needs. We have listed the most popular when it comes to Forex Trading Software.


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