Best Way to Make Online Earnings

If you are newcomer to making money online, maybe you have tried learning few skills needed to earn like graphic design skill, web programming, internet marketing, blogging and SEO to rank your site in google searches. These skills by the way takes weeks or even months for it to be well learned and it sure frustrating when you found out you still can't earn enough to pay a single bill after working 8 days a week. This isn't surprising these days because the competition in the online business is a lot harsh.

I met someone who have been in the internet business for 3 years yet every month his online business is still earning less than a hundred. Not even enough for his food weekly budget. If you are experiencing the same thing, you must be looking for new ways to earn without spending a single cent and my offer could also be your best option. Fact of the matter is that there are better ways to earn online but this method has never been saturated unlike those methods written in ebook as giveaways. There are two ways to get in to this business and you won't have to spend money if you don't want to or you may if you want.

If you aren't earning well with the career path you are trying to get into, then perhaps its time you try a new profession. And what I mean is that you seem not good at your current job, maybe you should try something else and my suggestion is FOREX. Now you're not the only person who thought FOREX is not for you after hearing it. I never actually thought I can understand how the Forex market works but after reading few pages about it, it made me think forex is nothing compare to learning internet marketing in which every method is sold or distributed to fellow internet marketers/bloggers not because it still works but because they want you under their referral when everyone is doing it already before them. Forex is a lot easier unlike SEO that is updated regularly wherein you as SEO are dependent to what google is doing. To answer few questions that might pop out, here are few answered ones.

How much can I earn everyday in Forex trading?
As much as you want actually depending on the leverage you are using. Some daytrader with low capital just earn $25 to $100 a day which they can increase gradually if they set to higher leverage. This is why you as a trader don't need to have large amount of initial capital to start in Forex because with leverage you can go on with just $25. Some people in mt5 community don't even spend a single cent to start with forex business. You may want to do what they did since the forum allow you to earn. But what is leverage? There is a video in the sidebar explaining about leverage.

Aren't Forex Trading just for rich and geniuses who understand reading graphs and such?
Well don't underestimate yourself, its not something to be scared to death because there are lots of trading systems available which you could just use to earn and learn how it works in the process. These trading method of systems are available here and you could try each of them which works best for you.

Most forex brokers like Instaforex, FXCM and Oanda allow traders to have demo account to trade without risking real money, this will hone trading skills of anyone who are trying to get into forex market. Right after you signup under a broker, you automatically have a demo account in which you can trade with a virtual money. So this is sort of a training for newbies however, I don't recommend to use demo account for too long because you won't learn much with it particularly to forex psycology. Demo account will however help you learn to use the metatrader software and that's a good start.

I can only suggest a newcomer to use demo account in minimum of a week or two or a month to the extent. Two weeks is more than enough to learn how to use the trading software. After that you should proceed to go on live account to trade in the Real Forex Market since its the best way to learn forex.

How can I start to learn the FOREX Market?
Like I said, Forex Trading is going to be easy especially if you know how to use to metatrader software. If you have learned how to use a browser to read the pages of some websites just like this page, I'm sure you could also understand how to use metatrader. All you need is install the software and run it. Try buying or selling a currency pair then to test it in demo.

Currencies are traded in pairs so you can't just buy USD or British Pound alone. So they have to go in pairs such as USD/JPY or GBP/USD. Basically, you buy or sell currency in the forex market. For instance in the currency pair EUR/USD. You buy EUR if you think its value will be higher by the end of the week and you sell if it will drop.

How do I know if the value will go up or down?
These are what indicators in the metatrader software are for. Indicators like Stochatic, Bollingers Band, MACD, RSI and Moving Averages are use to analyze whether where the market is going whether up or down and this is what traders call "trend". If you just go where the trend is going, you will always win in the forex market and surely you get to earn. Try to implement one of the trading strategies listed here and check whether it goes accordingly with the trend. If you win using one of these trading systems in your demo account then it must be a good system to use.

How much do I need to start Forex?
You need nothing but internet actually! Yes, it may mean its too good to be true but theres a catch. By participating in a forum like replying to members and posting some questions in the forex forum you can earn money and use the accumulated money to start trading in Forex. Register in the forum if this is the path you will chose or you can just install the mt5 software and deposit $25 to your account to start trading.

How can I earn then?
Well you're about to find out! To earn in forex market you have to determine the trend of the market. Now whether its downtrend or uptrend, you can earn where ever the trend is going. So without further ado, I'm going to show you a trading system that you can use to determine the trend and start trading in Forex. If you don't have an account yet, please do register an account to become a trader and test this method to earn.

I have tested this trading system myself and it works well in most major currency pairs like eur/usd, gbp/usd and usd/jpy. The first thing to do after you have installed and run the metatrader software is to set up moving average indicators. In the menu above, click Insert > Indicators > Trend > Moving Average. Try following the settings below. EMA by the way means Exponential Moving average so set the moving average to exponential. Same thing to do when setting up the RSI, you go to the Insert > Indicators > Oscillator > Relative Strength Index. So set these up:

1. 5 EMA (Green/uptrend)
2. 10 EMA (Red/downtrend)
3. RSI Period 20 and add one level which is 50.

And here's what to do: if 5EMA green crosses down the 10EMA red but RSI don not yet goes below 50 then don't sell, and the red if crosses up but RSI isn't yet going above 50 then don't buy. This method works well in the 1 hour and 4 hour chart... Exiting your position depends on you but as a reminder don't be too greedy.

Important note: always check the RSI whether it goes below above 50 before entering a position in the market to have sure results and be patient.