FOREX TRADING MARKET.

Forex News: Get the Latest on the Forex Trading Strategies The primary Forex News belief among a lot of people is that the forex trading methods requires a big money base. As a result, they would immediately drop to host any kind of proposition to begin off trading forex, preferring to stay with trading stocks and shares which is a bit much more affordable. This is definitely not true, because in forex trading, you possibly can begin down with minimal money whenever you utilise a forex mini account. To observe item mouse click on this website link: There tend to be 4 primary advantages of the Forex Mini Account. 1. Low Minimal account size $300 definitely will enable you to start off a forex mini account. This might be affordable for men and women to begin with on forex trading methods. Whenever you believe about forex news trading being a business, there are extremely couple of businesses costing just $300 to begin money providing worthwhile leads of pay within a very quick time. 2. High leverage You could get leverage of 200:1 Within the small forex trading techniques account, generally there is a small margin deposit needed fixed at $50 per lot traded. This amounts in a spectacular leverage of 200 to 1. Among the key aspects to speed up profits is to use trading cars of large leverage, and a forex news mini account completely satisfies or fulfils the definition of optimum leverage. In purchase to see item Click Here: 3. Surely one pip is really equivalent to $1 Trading in pips permits the brand new forex trader to scale around his risk. With that reduced denomination, the trader has the capability to deal with forex trading with less pressure and a lot more discipline. For instance, a 20-pip floating loss is really around $20, so that if you have actually the 20-pip sudden move against the direction of your trade on a 100K account, that is actually translated into a $200 drifting loss. In simply about every transaction, with a Mini account, the investor does not stop up with a complete reduction as he loses a small degree on every solitary losing deal. This permits him to heed his trading strategy as part of a disciplined means. 4. A little trade proportions The small forex news account trades as component of much lighter contract sizes of 10,000 units which one is 1/10 th the scale of the acknowledged account. This small trade measurements permits traders a great possibility in purchase to trade actual time with less total danger. As a result, a novice might transit or move inside forex trading techniques mini exchanging quickly after paper trading. As the standard great deal is really 10,000 models, the beginner investor can boost trading to a bit much more plenty or devices because he gains experience and self-esteem, and since his earnings increase being a result of disciplined trading. Surely one hidden advantage of exchanging the mini forex exchange price account is that traders could become familiar aided by the quality and the dependability of the forex trading system or trading station of his broker. This might be because the forex small account utilises the same state-of-the art trading software as that for regular sized forex trading. Mini accounts tend to be suggested for traders with account balances of not as much as $10,000, creating them a lot much more trading chances without over leveraging any account and therefore have more keeping power within the market.

 FOREX TRADING TIPS: NEW THINGS TO CONSIDER BEFORE TRADING.

https://www.youtube.com/watch?v=kAy0AZxGsYs

 20 Habits of Wealthy Traders.

1.Wealthy traders are patient with winning trades and are enormously impatient with losing trades 2.They realize that making money is more important that being right 3.They look at charts as a picture of where traders are lining up to buy or sell 4.Before they enter any trade they know exactly where they will exit for either a gain or a loss 5.They approach trade number 5 with the same mindset they did on the trade 4 previous losing trades 6.They use "naked" charts and focus on zones 7.They realized a long time ago that being uncomfortable trading is OK 8.The markets are their workplace. They are a participant, not an on-looker. 9.They stopped trying to pick tops and bottoms. 10.They stopped thinking about the market being "cheap" or "expensive" 11.They are willing to change sides if the market tells them to do so 12.They trade aggressively when trading well and modestly when they are not 13.They realize the market will be open again tomorrow 14.They never add to a losing trade... EVER 15. Cash is the goal, but never the measure of success 16.They read about mobs and riots 17.They provide liquidity to the markets while watching price and volume 18.They have a way to gauge fear, greed and speed of the markets: Tick charts 233, 612 19.They practice reading the right side of the chart, not the left 20.Every wealthy trader has an "edge" they can explain to their mothers 21.Their position size is calculated exactly on risk tolerance 22.Profit targets are based on average range or something objective 23. One or two trades a month make their month 24.Confident decision makers in the face of incomplete information 25.A losing trade does not mean they are a loser 26.They buy higher highs and sell lower lows 27.Their business isn't trading, it's finding the right trades 28.They write down or record every trade, price, thoughts, news, attitude 29.Their conviction on an active trade remains unless something major changes 30.A winning trade does not result in taking on extra risk the next trade 31.They trade the reaction, not the news 20 Habits of Wealthy Traders.

https://www.youtube.com/watch?v=el10dgDa2Do

 Would you be able to GET RICH TRADING FOREX ? 

Before we go any further, we will be 100% genuine with you and reveal to you the accompanying before you think about exchanging monetary standards: 

1. All Forex brokers, and we do mean ALL dealers, LOSE cash on certain exchanges. 

Forex Is Not A Get Rich Quick Scheme!Ninety percent of dealers lose cash, to a great extent because of absence of preparation, preparing, discipline, not having an exchanging edge and having helpless cash the executives rules. 

In the event that you prefer not to lose or are a super stickler, you'll likewise presumably struggle changing in accordance with exchanging on the grounds that all brokers lose an exchange sooner or later. 

2. Exchanging Forex isn't for the jobless, those on low salaries, are knee-somewhere down in Mastercard obligation or who can't stand to cover their power bill or bear to eat. 

Poor New Forex Trader 

You ought to have in any event $10,000 of exchanging capital (in a small record) that you can bear to lose. 

Try not to hope to begin a record with a couple hundred dollars and hope to turn into a mogul. 

The Forex market is quite possibly the most well known business sectors for theory, because of its gigantic size, liquidity, and the inclination for monetary standards to move in solid patterns. 

You would thoroughly consider merchants all the world would rake in huge profits, however achievement has been restricted to a little level of dealers. 

The issue is that numerous brokers accompany the misinformed any desire for making a gazillion bucks, however as a general rule, they come up short on the order needed for truly learning the craft of exchanging. 

A great many people typically do not have the order to adhere to an eating regimen or to go to the exercise center three times each week. 

On the off chance that you can't do that, how would you believe you will succeed perhaps the most troublesome, yet monetarily fulfilling, tries known to man (and lady)? 

Momentary exchanging IS NOT for novices, and it is seldom the way to "make easy money". You can't make monstrous benefits without facing enormous challenges. 

An exchanging procedure that includes taking a gigantic level of hazard implies enduring conflicting exchanging execution and huge misfortunes. 

A dealer who does this likely doesn't have an exchanging procedure – except if you call betting an exchanging methodology! 

Forex Trading isn't a Get-Rich-Quick Scheme 

Forex exchanging is a SKILL that sets aside Effort to learn. 

Gifted brokers can and do bring in cash in this field. Notwithstanding, similar to some other occupation or vocation, achievement doesn't simply occur without any forethought. 

Forex exchanging isn't simple (as certain individuals might want you to accept). 

Consider everything, in the event that it was, everybody exchanging would as of now be moguls. 

Truly even master brokers with long stretches of involvement actually experience intermittent misfortunes. 

Drill this in your mind: there are NO easy routes to Forex exchanging. 

It takes loads of PRACTICE and EXPERIENCE to dominate. 

There is not a viable replacement for difficult work, purposeful practice, and tirelessness. 

Work on exchanging on a DEMO ACCOUNT until you discover a strategy that you know all around, and can serenely execute unbiased. Essentially, discover the way that works for you!!! 

Test Time! 

Peruse All Quizzes 

How Do You Trade Forex? 

When beginning something new, you need to know precisely how you will bring in cash. The equivalent goes for Forex. Put your insight under serious scrutiny by taking this test!

https://www.webtalk.co/adetunji.stephen

FOREX TRADING SECRETS: WHY START FOREX TRADING WITH A DUMMY ACCOUNT IS THE FOREX TRADERS BEST FRIEND.

Much the same as some other ventures, you ought to never begin putting resources into monetary forms without comprehending what you are doing. With a decent information on Forex exchanging, you will be sure that you are on the correct street to making some great profits.As you most likely definitely know, Forex represents remote trade or the concurrent trade of a couple of outside money to another pair of outside currency.  To prevail as a Forex broker you will discover the utilization of a spurious record invaluable.Just like some other ventures, you ought to never begin putting resources into monetary forms without recognizing what you are doing. With a decent information on Forex exchanging, you will be sure that you are on the correct street to making some great profits.As you most likely definitely know, Forex represents remote trade or the concurrent trade of a couple of outside cash to another pair of remote currency.Initially you should pick up information on the Forex showcase background.It is critical to you get some answers concerning the market changes that influence monetary standards so you can make the best decisions.Next you should contemplate hazard control. It is significant that you comprehend the dangers associated with Forex exchanging. You need not to over contribute or be careless at the excitement of chance of bringing in gigantic cash. Likewise on this part, you will figure out how you will cut possible misfortunes or escaping an arrangement before your misfortunes reach and even surpass your cutoff points. It is characteristic that you will lose cash when you start Forex exchanging. It is the most urgent piece of your Forex exchanging training since it will decide if you will wind up advancing toward wealth or lose a great deal of your money.One of the most ideal approaches to begin is to rehearse Forex exchanges utilizing a demo account and virtual money.Through along these lines, you will have the option to get the hold of your exchanging account before getting into genuine exchanging transactions.With a Forex demo account, there is no hazard included at this point the nature is similarly as reasonable as the genuine Forex exchange. Additionally, your Forex exchanging instruction will likewise tell you whether you are prepared to do the genuine article or you need more practice. At exactly that point will you have the option to begin and deal with a genuine Forex exchanging account.There are diverse free destinations that permit you to open free Forex demo accounts and download free programming to rehearse your Forex framework and exchanging. There are likewise free digital books where you can peruse basic data about the Forex market and its attributes.It is a smart thought to utilize a fake record and increase understanding from Forex discussions until you are certain that you have a sensible possibility of accomplishment. 

Acquire CASH FOR ENGAGEMENT! 

Acquire CASH FOR CREATING CONTENT!! 

Acquire CASH WHEN YOU AND YOUR REFERRAL COMPLETE A MINUTE TASK!!! 

Acquire with WEBTALK. 


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Online Currency-Trading Sites Multiply

Three smart money moves to make during the coronavirus crisis

1. Bulking up your emergency fund: Millions of Americans have been left without jobs due to the coronavirus crisis and many experts suggest the unprecedented economic shutdown necessary to slow the spread will leave millions more unemployed. If your income hasn't yet been affected, act as though it could be and start squirreling away cash in an accessible high-yield savings account so the money will be there when you need it.
2. Cutting spending: Cutting your costs has a double benefit. It will free up more money to save in your emergency fund, and it will enable you to live on less if your income is reduced or you lose your job due to the economic fallout of COVID-19. 
3. Refinancing debt: The Federal Reserve has lowered interest rates to encourage lending. While it's not a perfect correlation, when the fed reduces the overnight rate, banks usually follow suit by reducing rates on consumer loans. If you can qualify for a low interest loan right now, it may be an ideal time to refinance your mortgage, private student loan debt, or credit card debt. Lowering your monthly payments by refinancing has the effect of reducing spending, which provides the twofold benefit described above. 

   2 things to avoid

   While you want to free up cash and reduce monthly expenditures, there are also some things you should try to avoid. Here are two money moves you could come to regret. 
   1. Raiding your retirement accounts to raise money to cover current expenses: The CARES Act, a massive federal stimulus bill aimed at lessening the economic effects of coronavirus, made it easier to both make penalty-free withdrawals from retirement accounts and to borrow from them. Unfortunately, doing either could reduce the money you have as a retiree. There could also be other consequences, including the possibility of facing a penalty if you take out a 401(k) loan it turns out you can't pay back. 
   2. Panic selling investments: It can be really hard not to react to stock market volatility, even as history tells you that markets always recover from downturns when given time. If you sell when you've lost money, you lose the chance at participating in the recovery. As long as you're confident in your investment strategy and you own shares of high-quality companies likely to stand the test of time, there's no reason to panic sell. 

   Make the right money moves now

   Managing money during an economic and public health crisis isn't something most people have experience with. But if you save up cash, reduce your spending, and stay the course when it comes to your investments, you should hopefully come through the coronavirus pandemic with no lasting damage to your financial situation. 

MONEY MANAGEMENT : HOW TO AVOID LOSES IN THE FOREX TRADING MARKET.

Check the Hot Tips here:

http://www.fxbrokeri.com/how-can-you-minimize-losses-in-trading-forex-cfds-and-binary-options/

MONEY MANAGEMENT IN FOREX TRADING SIMPLIFIED : 4 PROVEN WAYS TO
                                        CONQUER THE FOREX TRADING MARKET .
This edition of the proven ways to conquer the Forex  trading market as a money management tips in Forex trading will show you how anyone wanting to delve into FX trading will succeed without even been a professional trader .
1.CHOOSING A RIGHT BROKER : There are many Forex brokers on the Internet  today but not all are reliable . So , one needs to do a proper due diligence on any broker  one intends using for trading .I have researched and  based on my experience what you should considered when next you are choosing a broker .
1.Licensing and regulation .
2.Location of the broker .
3.Customer support services .
4.Trading platform .
5.Low spreads .
6.Quality Institution .
7.Extensive Tools and Research .
8.Wide range leverage options .
9.Account types .
Check over and see if any of the above is missing in your choice . A good broker should be able to have a trading platform that will provide its customer with all the facilities needed for proper trading . The spread calculated in pips is the difference between the price at which a currency can be purchased and the price at which it can be sold at any given point in time .Forex brokers do not change  a commission , so the difference is their profit which could be called commission . In comparing brokers you will find that the difference in spreads in Forex is as great as the difference in commissions in the stock arena . Lower spreads save you money . Find a broker who will offers you all what you need to succeed .

2.STOP LOSS ORDER : Here we consider the second rule which says we should not risk more than 3% -5% of our core equity in any single trade . Remember core equity means Equity capital minus used margin in trade . Core equity is the same as free margin . Assuming capital of $1,000 . If you decide you are going to trade with 0.50 lot size , this rules will guide you on where to place your stop loss . Let us now assume you have a brave hearth to risk and  willing to risk 5% of your $1,000 which is $50 . The next question you need asked is that how many pips will give me $50 on 0.50 lot size . Let us do a little arithmetic to get this right . If you understand that 1 pip 0.10 equals $1 then 1pip in 0.50 lot size will give $5 . Hence , we divide $50 by $5 = 10pips . What this now means is that your stop loss should not exceed 10pips. So if you spot a trade that would not allow you a risk for stop loss of 10pips you will need to do the following .
Reduce your lot size , or skip the trade . But you really need to develop a good trading system that will enable you manage risk . rising not more than 3% on a mini account and not more than 2% on standard account seem to be a good money management system which I can advice you to follow .

1.                           TO BE CONTINUED .

Money Making Opportunities In Forex Trading:How to make money in Forex trading the Non-Farm Payroll in the Forex Trading Market. To be successful and made money in the Forex trading market,you must take economic report as your friend.Economic report interpreted by professional traders as economic indicator in trading chart forms the basis of trading strategies used by traders in making money in he market. Market investors frequently trade on information they believe to be superior and relevant,when in fact it is not and is fully discounted by the market.Forex trading moves from major banking centers of the U.S to Australia and New Zealand to the far east to Europe and finally back to U.S. Non-farm payroll report is a key economic indicator for the United States.It could be represented thus:The total number of paid workers in the U.S minus (Farm employee+employees of Government+employees of non profit organizations+household employees)The report generally came out on the last Friday of every month at 8.30amEST. TRADING STRATEGY: 1.A good trader who wants to profits from the report needs to be patient so as o capture the real movement after the announcement.Ride the market movement. 2.Trade like professionals and make profit.How does a professional trade the report?"after the initial swings has occurred,and after market participants have had a bit of time to reflect on what the number means,they will enter a trade in the direction of the dominating momentum.The professionals even wait for a signal that indicates that the market may have choose a direction. The strategy works best with GBP/USD pair.

E-Currency:How you and me can earn consistent income online. Are you getting enough money online from your business or online campaign? Do you know that currency exchange business have turn those that knew the secret an overnight millionaire? I will show you how you can make at least $1,000 daily from the comfort of your room using your Laptop and internet connections.This is the best ever home based jobs any body can venture into at no obligation.This is not a Forex market trading nor stock market trading issue but pure foreign exchange money secret. HOW 1.Go to http://www.egopay.com and http://www.perfectmoney.is and open account free. 2.Go to http://www.xchanger.org or http://www.superchange.ru to open an account. 3.Fund your egopay account with any amount you desired.But,for the purpose of this piece we assumed $500. 4.Now,visit,http://www.rapidgoldex.com and exchange your $500 in your egopay account to perfect money.It gives you $$640 value of Perfect money. 5.Go to http://www.superchange.ru or http://www.xchanger.org and re-exchange your Rapidgoldex exchange rate is $1=$1.28 worth of perfect money. It means your $500 now becomes($500*$1.28)=$640.You have just made a gain of $140 in less than 5minutes of your time. So,if you now repeat this money making secret at least ten times in a day ,you are better off with more than $1,400 gains while your capital of say $500 is intact.For larger amount ,use wire transfer to your Bank account or shop online with your perfect money currency. If you want to exchange your perfect money to egopay,just go to ...http://www.xchanger.org. http://www.onlinestocktradingmagazine.blogspot.com http://www.howtotradethestockmarket.blogspot.com http://www.profitline66.blogspot.com

FOREX:How you and me can trade USD/CHF pair for profit pips in the Forex trading Market. by following the factors that sends USD/CHF higher,you are guaranteed of making profit pips from the pair. 1.POLITICAL INSTABILITY:Switzerland is a save haven of stability and neutrality.when the markets sense geopolitical instability tension,capital tends to move into Switzerland.US negative developments favor this pair. 2GLOBAL EVENTS:The Forex market is so vast and has so many participants that no single entity,not even a central Bank can control the market price for an extended period of time.As for USD/CHF,global events(positive/negative) and higher or lower price of Gold will create opportunities in this pair. 3.TRADING HOUR:USD?CHF is most active during European open hours through tr early US trading session(7AM-10AM EST)you will made profit pips if you Target this trading hours. 4.MONETARY POLICY:a trader in the Forex market involves selling or buying one currency against the other.Because,interest rate in Switzerland is low,many investors are entering USD/CHF as a carry trade,making the pair extremely sensitive to any changes in the interest rate outlook for either the US or Switzerland. http://www.profitline66.zulutrade.com

How To Use Trend lines To Make Money In Forex. Trend lines is one of the tools you and me can employ as a technical analyst for a successful Forex Trading.Trend lines are constructed by connecting the newest swing high to the most recent swing high.Same applies for lows.In a nutshell,the basic method is that an uptrend line is drawn along the bottom of easily identifiable support areas(valleys).In a downtrend,the trend line is drawn along the top of easily identifiable resistance areas(peaks).To get it right,locate 2 major tops or bottoms and connect them. HOW TO TRADE TREND LINES FOR PROFIT IN THE FOREX TRADING MARKET. 1.Enter a trade when a trend line is convincingly penetrated. 2.Set up your stop on the other side of the trend line.This is the best trading strategy. 3.Remember that it takes at least 2 tops/bottoms to draw a valid trend line but it takes three to confirm a trendline.Avoid drawing trend lines by forcing them to fit the market.It will back fire. http://www.profitline66.blogspot.com http://www.howtotradethestockmarket.blogspot.com

FOREX TRADING SIGNAL:Pivot Points Trading System Reviewed. Traders and market makers have used pivot points to determine critical support and or resistance levels.it is used to identify points of entry and also used by trend traders and breakout traders to spot the key level that need to be broken for a move to qualify as a breakout.You can also read more on Pivots trading system on one of the earlier post on this blogs. WHAT IS THE SIGNIFICANCE OF MARKET OPENS TO PIVOT TRADING SYSTEM. One of the key points you and me must understand as a trader when trading pivot points in the Forex market is that breaks tends to occur amid one of the market opens.The reason for this is the immediate influx of traders entering the market at the same time.I have found out that during quieter time periods such as between the US close and the Asian open and even through the Asian session,which is the quietest trading session,price may remained configured for hours between the pivot level and either the support or resistance levels.This provide the perfect environment for you and me. In this case,I found out that the best strategy to adopt in using pivot points is to look for prices to obey the pivot level therefore validating the level as a solid support or resistance zone.In this type of strategy,you are looking to see the price break the pivot level,reverse and then trend back towards the pivot level.If the price proceeds to drive through the pivot point,this is an indication that the pivot level is not very strong and is therefore less useful as a trading signal.However,if prices hesitate around that level or validate it,then the pivot level is much more significant and suggests that the move lower is an actual break,which indicates that there may be a continuation move. http://www.profitline66.blogspot.com http://www.googleadsense-profits.blogspot.com http://www.onlinestocktradingmagazine.blogspot.com http://www.howtotradethestockmarket.blogspot.com

FOREX TRADING MARKET:TIPS ON HOW TO BUILD GOOD AND LASTING PROFITS IN THE FOREX TRADING MARKET. YOU NEED TRAINING:Build yourself up with a good training program.A good Forex trading program must be able to cover Risk/Portfolio management ,trading system,Psychology of trading,interpretation of Technical and fundamental indicators for trading and decision making among other things. TRADING SYSTEM:What gives you profit in the course of your trading is your best trading system.But,to build a good and lasting profits,you use a profitable trading system.A good trading system must be the one that helps you identify trends as early as possible.There are many indicators there that help to identify and confirm trends.Develop one or buy a reliable software that do this. TRADING PLAN:Developing a trading plan is like setting up an achievable goals.Plan to trade and trade to plan. MONEY MANAGEMENTS TIP:Do not trade more than 20% of your account equity. Do not increase your lot size until you have withdrawn your initial capital and grown it back. Avoid over trading. http://www.bigukinvest.net

FOREX STRATEGIES:HOW YOU MAKE MONEY IN FOREX Just with your Laptop and Internet access you can make as much as $1,000,000 in the Forex trading market. In the forex market, you buy or sell currencies. Placing a trade in the foreign exchange market is simple: the mechanics of a trade are very similar to those found in other markets (like the stock market), so if you have any experience in trading, you should be able to pick it up pretty quickly. The object of forex trading is to exchange one currency for another in the expectation that the price will change, so that the currency you bought will increase in value compared to the one you sold. Example: Trader's Action EUR USD You purchase 10,000 euros at the EUR/USD exchange rate of 1.1800 +10,000 -11,800* Two weeks later, you exchange your 10,000 euros back into U.S. dollar at the exchange rate of 1.2500 -10,000 +12,500** You earn a profit of $700 0 +700 *EUR 10,000 x 1.18 = US $11,800 ** EUR 10,000 x 1.25 = US $12,500 An exchange rate is simply the ratio of one currency valued against another currency. For example, the USD/CHF exchange rate indicates how many U.S. dollars can purchase one Swiss franc, or how many Swiss francs you need to buy one U.S. dollar. How to Read a Forex Quote Currencies are always quoted in pairs, such as GBP/USD or USD/JPY. The reason they are quoted in pairs is because in every foreign exchange transaction, you are simultaneously buying one currency and selling another. Here is an example of a foreign exchange rate for the British pound versus the U.S. dollar: GBP/USD quote The first listed currency to the left of the slash ("/") is known as the base currency (in this example, the British pound), while the second one on the right is called the counter or quote currency (in this example, the U.S. dollar). When buying, the exchange rate tells you how much you have to pay in units of the quote currency to buy one unit of the base currency. In the example above, you have to pay 1.51258 U.S. dollars to buy 1 British pound. When selling, the exchange rate tells you how many units of the quote currency you get for selling one unit of the base currency. In the example above, you will receive 1.51258 U.S. dollars when you sell 1 British pound. The base currency is the "basis" for the buy or the sell. If you buy EUR/USD this simply means that you are buying the base currency and simultaneously selling the quote currency. In caveman talk, "buy EUR, sell USD." You would buy the pair if you believe the base currency will appreciate (gain value) relative to the quote currency. You would sell the pair if you think the base currency will depreciate (lose value) relative to the quote currency. Advertisement Long/Short First, you should determine whether you want to buy or sell. If you want to buy (which actually means buy the base currency and sell the quote currency), you want the base currency to rise in value and then you would sell it back at a higher price. In trader's talk, this is called "going long" or taking a "long position." Just remember: long = buy. If you want to sell (which actually means sell the base currency and buy the quote currency), you want the base currency to fall in value and then you would buy it back at a lower price. This is called "going short" or taking a "short position". Just remember: short = sell. Long dog, short dog "I'm long AND short." Bid/Ask EUR/USD quote "How come I keep getting quoted with two prices?" All forex quotes are quoted with two prices: the bid and ask. For the most part, the bid is lower than the ask price. The bid is the price at which your broker is willing to buy the base currency in exchange for the quote currency. This means the bid is the best available price at which you (the trader) will sell to the market. The ask is the price at which your broker will sell the base currency in exchange for the quote currency. This means the ask price is the best available price at which you will buy from the market. Another word for ask is the offer price. The difference between the bid and the ask price is popularly known as the spread. On the EUR/USD quote above, the bid price is 1.34568 and the ask price is 1.34588. Look at how this broker makes it so easy for you to trade away your money. If you want to sell EUR, you click "Sell" and you will sell euros at 1.34568. If you want to buy EUR, you click "Buy" and you will buy euros at 1.34588. Now let's take a look at some samples. Previous Lesson Mark Lesson Complete Next Lesson While you are logged into your account, you can save your progress in the School of Pipsology! How you made your money depends on your time.Be trade conscious. In the forex market, you buy or sell currencies. Placing a trade in the foreign exchange market is simple: the mechanics of a trade are very similar to those found in other markets (like the stock market), so if you have any experience in trading, you should be able to pick it up pretty quickly. The object of forex trading is to exchange one currency for another in the expectation that the price will change, so that the currency you bought will increase in value compared to the one you sold. Example: Trader's Action EUR USD You purchase 10,000 euros at the EUR/USD exchange rate of 1.1800 +10,000 -11,800* Two weeks later, you exchange your 10,000 euros back into U.S. dollar at the exchange rate of 1.2500 -10,000 +12,500** You earn a profit of $700 0 +700 *EUR 10,000 x 1.18 = US $11,800 ** EUR 10,000 x 1.25 = US $12,500 An exchange rate is simply the ratio of one currency valued against another currency. For example, the USD/CHF exchange rate indicates how many U.S. dollars can purchase one Swiss franc, or how many Swiss francs you need to buy one U.S. dollar. How to Read a Forex Quote Currencies are always quoted in pairs, such as GBP/USD or USD/JPY. The reason they are quoted in pairs is because in every foreign exchange transaction, you are simultaneously buying one currency and selling another. Here is an example of a foreign exchange rate for the British pound versus the U.S. dollar: GBP/USD quote The first listed currency to the left of the slash ("/") is known as the base currency (in this example, the British pound), while the second one on the right is called the counter or quote currency (in this example, the U.S. dollar). When buying, the exchange rate tells you how much you have to pay in units of the quote currency to buy one unit of the base currency. In the example above, you have to pay 1.51258 U.S. dollars to buy 1 British pound. When selling, the exchange rate tells you how many units of the quote currency you get for selling one unit of the base currency. In the example above, you will receive 1.51258 U.S. dollars when you sell 1 British pound. The base currency is the "basis" for the buy or the sell. If you buy EUR/USD this simply means that you are buying the base currency and simultaneously selling the quote currency. In caveman talk, "buy EUR, sell USD." You would buy the pair if you believe the base currency will appreciate (gain value) relative to the quote currency. You would sell the pair if you think the base currency will depreciate (lose value) relative to the quote currency. Advertisement Long/Short First, you should determine whether you want to buy or sell. If you want to buy (which actually means buy the base currency and sell the quote currency), you want the base currency to rise in value and then you would sell it back at a higher price. In trader's talk, this is called "going long" or taking a "long position." Just remember: long = buy. If you want to sell (which actually means sell the base currency and buy the quote currency), you want the base currency to fall in value and then you would buy it back at a lower price. This is called "going short" or taking a "short position". Just remember: short = sell. Long dog, short dog "I'm long AND short." Bid/Ask EUR/USD quote "How come I keep getting quoted with two prices?" All forex quotes are quoted with two prices: the bid and ask. For the most part, the bid is lower than the ask price. The bid is the price at which your broker is willing to buy the base currency in exchange for the quote currency. This means the bid is the best available price at which you (the trader) will sell to the market. The ask is the price at which your broker will sell the base currency in exchange for the quote currency. This means the ask price is the best available price at which you will buy from the market. Another word for ask is the offer price. The difference between the bid and the ask price is popularly known as the spread. On the EUR/USD quote above, the bid price is 1.34568 and the ask price is 1.34588. Look at how this broker makes it so easy for you to trade away your money. If you want to sell EUR, you click "Sell" and you will sell euros at 1.34568. If you want to buy EUR, you click "Buy" and you will buy euros at 1.34588. How you make money depends on the strategies you adopted.

How to use pivot point to profit in the Forex trading market Pivot points trading system in Forex trading is a new way of generating profit pips in the Forex trading market..Pivot points as a trading system is good because it is predictive.You as a trader is able to use the information of the previous day high,low and close to generates 7 points.i.e 3 supports,3 resistance levels and the actual pivot points. Trading system. 1.If the market opens above pivot point,then go for long trades as long as price remains above the pivot point. 2.If the market opens below the pivot point then go for short trades as long as the market remains below the pivot point. 3.The general idea behind trading pivot point is to look for a reversal or break of R1 or S1.By the time the market reaches R2,R3 or S2 the market WILL ALREADY BE OVER BOUGHT or oversold and these levels should be use for exits rather than entries. How to calculate the points. 1.Pivot point=High+previous close+previous low/3 2.Resistance 1= 2*Pivot point - previous low 3.Support 1=2*pivot point-previous high 4.resistance 2=pivot+(R1-S1) 5.Support 2=Pivot-(R1-S1) 6.support 3=Low-2*(High-Pivot point) 7.Resistance 3 =High + 2*(pivot-Low) HOW TO MAKE MONEY FROM FARM INVESTMENT

HOW TO PROTECT YOUR INVESTMENT IN THE FOREX TRADING MARKET. Good Forex money management can take a trader from gambling with his or her money ,hoping for a gain,but probably encountering many loses,to successfully trading while maximizing losses.It may not be as exciting as other aspects of Forex trading,but for traders who want higher gains,money management is an absolute necessity. today,i will be explaining how to use risk/reward ratio as a tool in Forex money management in trading.The risk/reward ratio means the amount you are risking i.e your stop loss amount against the amount you stand to gain i.e your profit or limit on the trade. For example, if you enter long on the GBP/USD at 2.0040 and you enter a stop loss or determine you will manually close the trade at 2.0020 if it goes the wrong way then your risk is 20pips per lot.If on the same deal you determine that your target or where you will take profit and close the trade is at 2.0140 then your reward is 100pips i.e 2.0140-2.0040=0.0100 or 100 pips.So on this particular trade your risk/reward is 100pips /20pips or 5:1. If you have a risk /reward ratio of1:1 it means you risk the same amount as your reward each time,then obviously you have to win 50% of your trades to break even.Below are a few risk/reward ratios and the win percentage you need to break even. 1:1-50%,2:1-33%,4:1-20%,5:1-17% and 10:1 equals 10%. The best traders I know practice good money management with good risk/reward ratios.Ratios of at least 2:1, up to 4:1. HOW TO MAKE MONEY FROM FOREX TRADING REFERRAL PROGRAM. 1.Trade Forex and Binary options/bonds from one account. 2.Get $100 free bonus to start. 3.Earn 50% revenue sharing. 4.Earn up to $500 CPA. 5.Earn up to $50 CPL. CLICK HERE FREE ONLINE DONATIONS. http://www.stayclassy.org

FOREX TRADING MARKET:HOW TO PROFITS WITH EUR/USD PAIR. The fact is that if you as a forex trader buy the pair,you are betting that the euro will increase in value versus the USD and if you sell EUR/USD,then you are saying USD would increase in value to EUR. To profit from this pair,you must take the advantage of what moves EUR/USD. WHAT MOVES EUR/USD? 1.Surprises in US economic releases:This pair would move when results comes as a surprise,especially indicators that measure growth or recovery in the US.Thuis uncomplementary news on US economic growth favors the euro. 2.Interest rates:If Fed raises interest,it boosted the value of the dollar.This is because money would flow into the US as investors move to capitalise on these higher returns. 3.Oil prices:Since the US economy is highly dependent on imported oil,movements in the price of oil tends to impact the value of the dollar. 4.Trade:More imports to exports has tghe power to reduce the value opf the dollar in the long run because the market is very concerned with theb trade balance in the US.Changes means a shift in the value of the US dollar. In all watch the Us economic data closely and take good advantage of uncertainty about US economic recovery.In the absence of a trend,go for range trading strategies.

HOW TO APPLY MONEY MANAGEMENT IN FOREX TRADING. PART 1 A traders money management style can be the difference between a loss and a gain.Most traders do not care for this aspect of trading,but it is very important. In many cases of large losses,poor money management was the culprit.Everyone wants the $1billion profit in a single day,but that is market gamble.Good Forex management ,though,can give a trader much better odds of a large gain than a trader who has little or no money management. I agree with some of my friends who are trends followers that beginner traders should not risk more than 1% of their total equity on any trade.At 1% ,a loss is very minimal and it is much easier to recoup and rebound. On an individual trade ,the 1%makes little difference and even if the trader is wrong 20 times,he or she will still maintain 80%in equity.This type of Forex money management,however,requires discipline which is often in short supply with many traders. Money is very easy to lose,but not so easy to make back.For example,a trader invests $100,000 and loses $50,000.This is a 50%loss.However,the percentage that the trader must make in order to get back to the original $100,000 is actually 100% this would mean that there was a 50% draw down,the percentage of the difference between the peaks and trough of an investment. It is thus advisable that traders who are joining the Forex market for the first time should use speculative capital only.In deciding how much money to begin trading with,it is advisable to select an amount that can be considered as an acceptable loss. HAPPY TRADING.