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Showing posts with label Trading system.. Show all posts
The Best Kept secret Of Trading.
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THE BEST KEPT SECRET OF TRADING.
Forex trading is not only about using appropriate strategies, but also about proper timing. Yes, it is true that the Forex market is open 24hrs a day but it is not always active. This means that while you can make money when the market is going down or up, you'll find it difficult to make a profit if the market hours as well as the best times of the day and the best days of the week to trade.
The Forex market has 3 major trading sessions: the Tokyo session, the London session and the US session. Between each session is a period when two sessions are open at the same time. For example, both the Tokyo and London sessions are open between 3AM-4 Am EST while the London and US markets are open from 8AM-12PM EST. These then are the busiest time for trading since traders who wish to purchase currency from another continent can do so.
Of all trading markets, London usually shows the most movement because it involves a number of countries such as UK, EU member countries and many other.
TO BE CONTINUED..
Forex trading is not only about using appropriate strategies, but also about proper timing. Yes, it is true that the Forex market is open 24hrs a day but it is not always active. This means that while you can make money when the market is going down or up, you'll find it difficult to make a profit if the market hours as well as the best times of the day and the best days of the week to trade.
The Forex market has 3 major trading sessions: the Tokyo session, the London session and the US session. Between each session is a period when two sessions are open at the same time. For example, both the Tokyo and London sessions are open between 3AM-4 Am EST while the London and US markets are open from 8AM-12PM EST. These then are the busiest time for trading since traders who wish to purchase currency from another continent can do so.
Of all trading markets, London usually shows the most movement because it involves a number of countries such as UK, EU member countries and many other.
TO BE CONTINUED..
Money Management In Forex Trading Simplified : 4 Proven Ways To Conquer The Forex Tading Market .
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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 .
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 .
- TO BE CONTINUED .
E-Currency:How you and me can earn consistent income online.
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stephenadebiyi |
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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 gain in the Forex trading market.
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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.
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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 MARKET:TIPS ON HOW TO BUILD A GOOD AND LASTING PROFITS IN THE FOREX TRADING MARKET.
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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
How to use pivot points to profit in the Forex trading market.
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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
Forex trading platform:How the choice of your trading platform can influence your success in the Forex trading market.
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Forex trading platform:How the choice of your trading platform can influence your success in the Forex trading market.
There are thousands of Forex brokers yet you need to choose a broker that is registered with the regulatory body.It is no good if you discover that your brokerage firm is unregistered,after they have stolen all your money.
Brokers that offers online trading facilities(that allows you to view Forex quotes in real time).Brokers that offers 24hr telephone and email support would serve you best.
Brokers that offers trading pairs in all seven major currencies:USD,EUR,JPY,GBP,CHF,CAD and AUD.More importantly you need to discover how your brokers calculate rollover charges.Rollover charges are charged to your account when your trade extends(roll over)past the end of the trading day into the next trading day.
To maximize profit in trading,choose a broker that allows you to trade Forex and Binary options/bonds from one single account.Do your broker offers free bonus?my recommended brokers simply does this.Check them out.
Go for brokers that offers the smallest bid/ask spreads.The bid/ask spreads is normally 5pips but some brokers offer spreads of only 3pips or even 2pips.Choose rightly.
http://www.cofxpartners.com
http://www.24partners.com
HOW TO BE RICH ONLINE
HOW TO PROTECT YOUR INVESTMENT IN THE FOREX TRADING MARKET.
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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
HOW TO PROFITS WITH EUR/USD PAIR.
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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.
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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.
HOW TO BE SUCCESSFUL AND DOUBLE YOUR PROFIT IN THE FOREX TRADING MARKET.
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HOW TO BE SUCCESSFUL AND DOUBLE PROFIT IN THE FOREX TRADING MARKET.
I believe you have read how you can double profit in the Forex trading market following the trends of the market and Leveraging your account at http://www.sundayinvest.blogspot.com.If not ,go there and read it.It is a profit oriented information on Forex market trading.
Today, I will be taken you through another system called Social trading system.Social trading system is a system whereby you as a trader follow and copy the trade of a chosen professional trade live.
Do you asked the question that "how will I know that the person i want to follow is trade is more Forex trading know-how more than I do.All what you need doing is to go for history/years of experience in trading of the person you want to follow.
Also,check the records of winning trades of the person you want to follow and copy its trade.Check whether the person you want to follow is not trading on practice accounts.
After you have been satisfied,then you can go ahead to follow him or her.http://www.etoro.com and other Forex trading platforms accept social trading.
TRADING TIPS
1.Be emotionless and do not be distracted when trading.
2.Use stop loss.The best place to put your stop loss is a little below the last trade price.
3.Take your profit when the trade is good.
HAPPY TRADING.
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