Want to Increase Profit? Use the Right Money Mangement

Want to Increase Profit? Use the Right Money Mangement

Need to know, although your trading system provides a percentage of profit opportunities above 50% in every trade, but it can not guarantee you can be successful in this forex trading. Many say that 95% of traders have failed, I do not know if the numbers are true or not. However, I once met a trader who had suffered huge losses and losses in forex trading, but if he saw the trading system he used was very good.

Then what made him fail? Bad Money Management. Yes, managing inadvertent funds by using large lots makes many traders fail.

Money Management or margin fund management is the most important part of any trading system. Most traders take this very seriously and do not understand how important money management is.

It is important for you to understand the concepts in managing the funds and the decision to use the correct lot. Managing the right funds is by calculating the appropriate lot size in a single transaction. Also calculate the risk of loss that you will receive if the order is losing is the key of this Money Management.

I was very surprised when I met a trader who used the lot just by using a benchmark of how much $$ he will receive when profit and ignore the risk of losing a lot of $$ when he loses. This is very surprising. How he can have confidence that any open positions will definitely get a profit. No matter how great the trading system you have, if you do not manage the funds would someday suffer huge losses in just one open position.

There are many strategies in managing Money Management, but the point is how to minimize the risk of each open position. That's what counts.

To set up and create a Money Management strategy, you must understand this term, Equity.

Equity = Fund (your money in account) - Number of open positions. (This is just a simple formula)

If you look at the above simple formula, we can make a conclusion like this: If you have $ 200 in trading account and you open 1 position using a margin of $ 20, then your equity is still $ 180. If you reopen a position with a $ 20 margin, then your equity will be $ 160. You still think $ 160 is still a lot and intend to open the position again? Eits, that example above is just a simple formula.

We have not calculated the required margin usage, the lot and how much leverage is used. I'm sure $ 160 will disappear within a few days if your position is wrong.

If you're a tradint without proper fund management rules, you can actually say you're gambling, not investing. You do not see how your investment funds end up in the long run.

All you know is how much to get tens or hundreds of dollars in just one trade. Money Management not only protects margin funds in trading accounts, but also provides a very profitable portfolio for your long term investment objectives.

People go to Las Vegas, casinos or gambling houses to gamble and hope to win the jackpot in just one night and become rich. We know there are people who get that kind of luck. The question is how gambling houses still earn money the next day, even though they suffered losses due to 1 person who got the jackpot? In the long run, casinos still make a profit because they earn more money from people who do not win. The casino owner also believes that the person who got the jackpot will feel addicted and continue gambling in the following days. The result? Of course "Home Always Win" alias bandar will never lose, in the long run.

Then how to manage good funds?

Assume you choose risk percentage of 4% of total funds in trading account. If your funds are $ 100, then the value of 4% of $ 100 is $ 4. So in one maximum trade you incur a loss of $ 4 only. If the position is a loss, then your funds are still $ 96. Not bad. If using the percentage above, then your funds will be exhausted if in 25 times your open position losing positions in a row (25 x 4% - 100%).

If we use 2%, then required as many as 50 times the position of loss in a row for penyabis funds in trading accounts.

Or you can use a total percentage of risk by splitting in several positions. Your example chooses a 4% risk percentage. In 1 trading day you divide the 4% in some positions. Suppose you intend to open a position in several pairs at once such as USD / JPY and GBP / USD. Then the total margin used in both pairs is a maximum of 4%, should not be more.

Compare to this one ...

If you have $ 100 and set a 10% profit percentage. Certainly in your dreams is how to get 10% of $ 100 alias $ 10 in just 1 trade. If in 10 times you experience loss in a row, then run out without the rest.

The bad news is that many of the traders who manage management prefer to use the percentage of margin with how much of it he can. Indeed, human nature is greedy, or more thinking about how much he will get and ignore the risk of loss he has.

Remember, Forex Trading is a very appropriate investment for the long term, not a place to gain wealth in a short time.

Why Many Interested In Forex Trading?

Why Many Interested In Forex Trading?

The Foreign Exchange Market (Forex) is the largest financial exchange in the world. The amount of money vomume traded on the Forex market every day even reaches trillions of US dollars. The actors involved with this currency trading include big banks, central banks, currency speculators, multinational corporations, financial institutions and sometimes governments also play a role to stabilize the value of the currency.

Currently, a lot of retail traders (individual traders) who also participate in this forex market with the help of online brokers - commonly called forex brokers.

There is no exchange or place where buyers and sellers meet in the Forex market. All trades are done through computer network among traders in various parts of the world. In addition, unlike the stock market, the forex market is open 24 hours per day, as it is a global market. A market player in Hong Kong may be trading with a market player in Australia, while American market participants are sleeping.

There are several market systems in the Forex exchange system. First, there is a spot market. Spot market transactions are based on current currency values ??(real time prices).

In addition there are two types of other forex markets, namely forward and futures markets. In the forward market, the buyer and seller agree on the exchange rate and the date of the transaction that has been set for a certain time in the future.

In the futures market, the currency price is bought and sold on the basis of contract size and due date. Futures trading occurs in public commodity markets.

Unlike stocks, currencies are traded against each other. If the stock price is quoted (quoted) from the price per share. While the exchange rate is pegged with other currency exchange rates.

So if you look at the exchange rate of a currency on a television show or other media that says USD / IDR = 13,000, it means that the value of $ 1 equals 13,000 rupiah.

Forex market is generally considered less stable than the stock market because in one day trading can reach 100 pips, even more. However, currency movements in the forex market move in line with demand and supply from market participants. In addition, economic news released every day to make the price movement becomes very high.

If you are interested in a flexible investment, with the opportunity to earn a profit per day, why not try to start investing in forex trading?

History of Government Intervention & Central Banks in the Past

History of Government Intervention & Central Banks in the Past

The following is a publication of interventions conducted by central banks in the forex market, including:

Intervention of central banks and the forex government

1978-1979 - At this time the US dollar exchange rate is under heavy pressure due to high oil prices. In addition, high US inflation and a worsening balance of payments make the US dollar depreciate. In November 1978, a program to restore and stabilize the US dollar. The government and the US central bank at that time disbursed up to $ 30 billion to buy the USD currency in order to make the US dollar again appreciated.

1980-1981 - US authorities and government plunge into the forex market to stabilize the too-strong dollar exchange rate.

September 1985 (Plaza Accord) - Germany, Japan, Britain, France and the United States - met at the Plaza Hotel in New York to discuss concerns about the very strong dollar exchange rate against currencies in European countries. Within a few weeks there was an intervention by selling US dollars in G5 currency.

February 1987 (Louvre Accord) - Dollar exchange rate weakens, US trade deficit rises and prospects for weakening US economy after several months of Plaza Accord deal. Plaza Accord raises concerns in Europe and Japan about the continued weakening of the dollar. Group of Five (G5) coupled with Italy met at the Louvre in Paris and agreed to "boost the stability of the US dollar exchange rate. The United States government publishes that they often intervene directly to buy dollars.

1988-1990 - The strengthening of the US dollar continues and is too high. The United States intervened after the Group of Seven declared the importance of maintaining exchange rate stability.

1991-1992 - US and European central banks intervened several times amid falling US economy into recession during the Gulf War, which led to a weakening in the value of the dollar. The United States intervened on both sides, spending more than $ 2.5 billion buying dollars and then selling $ 750 million to stabilize it.

April - August 1993 - The US government buys dollars and sells yen simultaneously.

Apr 1994-August 1995 - The dollar plunged to the lowest level against German Mark currency, reaching 1.41 levels in July 1995, and touching post-World War II lows against the yen below 83 in April 1995. Starting April 1994 , The United States intervened directly. Often cooperates with Japan's central bank and European banks to support USD currency. Combined intervention with European banks in this period took place on 15 August 1995.

April - June 1998 - The yen exchange rate is too weak to make the BOJ intervene to stabilize its currency. At that time the dollar reached the level of 144 against the yen. On June 17, 1998, the BoJ and the US Government intervened together to spend $ 833 million to buy the yen.

Jan 1999 - April 2000 - Japan is worried about the overpowering yen value, trading about 108 against the dollar in January 1999. The strengthening is feared will disrupt Japan's economic recovery process. BoJ intervened in the forex market to stabilize the yen exchange rate. The BOJ sells the yen at least 18 times in this period, including once through the Federal Reserve and once through the ECB. Despite the intervention, USD / JPY yen continued to strengthen and reached level 102 in April 2000.

22 September 2000 - European Central Bank, Japan and United States for the first time to intervene together since the last time occurred in 1995. The three major central banks intervened to encourage the euro to strengthen after the exchange rate reached a low point below 85 cents . At that time the euro had lost nearly 30 percent of its value since its launch in January 1999. This was the first intervention by the ECB since its inception.

3 - 10 November 2000 - The ECB and central banks in other eurozone countries intervene at least twice to buy the euro, after earlier the EUR / USD was able to rebound by 5% from its lowest level at 0.8225.

17 & 21 September 2001 - BOJ intervenes by selling yen and buying dollars (buying USD / JPY).

24, 26, 27 and 28 September 2001 - BOJ intervened by buying USD / JPY just as the previous 3 days. The intervention comes amid worries over rising exports and raising the value of the yen after Sept. 11 in the United States. Need to know, this time intervention is also the action of euro purchases made by the ECB but use on behalf of the BoJ. Subsequently on September 27, the Japanese government said that the Federal Reserve of the New York section intervened using "backups" from the BoJ.

May 22, 2002 - The BOJ intervened by buying USD / JPY, after the dollar fell to its lowest level at 123.50 against the JPY as it cast doubt on the pace of US economic recovery. BoJ intervened at a price of 123.80 - 123.90 yen per dollar.

May 23, 2002 - The BoJ intervened two days in a row, taking action at 123.90 - 123.95.

May 31, 2002 - The BoJ intervened by buying USD / JPY as the dollar fell to around 123 levels. This intervention brought the dollar exchange rate back to 124.50 against the yen.

June 4, 2002 - The BoJ intervened by selling the yen and lifting the dollar from the 123.35 level.

June 24, 2002 - The BoJ intervened by selling the yen in Asian market session, lifting the dollar to 122.80 level from 121.10.

June 26, 2002 - The Bank of Japan intervened by selling the yen and lifting the dollar to 121.35 from earlier at 120.20. The second intervention lifted the dollar around 121.10 from the previous 120.50. Then the third intervention was made early in the European session and raised USD / JPY to 120.70 from 120.03. In its official publication, the BoJ is estimated to have purchased an estimated $ 18.56 billion in intervention operations during June, as well as on May 31.

June 28, 2002 - B0J intervened by selling yen. The Federal Reserve and the ECB also sell the yen on behalf of B0J in early New York session trading. ECB confirm that they are buying EUR / JPY. In official data, many traders also took part in this action and caused a sharp EURJPY move from 118.10 to the highest position above 119. Other data also said that the Fed bought USD / JPY from 119, lifting the dollar to the highest position to the area of ??120.35 against the yen. Data released by the BoJ a month after the intervention showed that Japan disbursed around 520.5 billion yen to weaken the value of the yen.

January 2003 - This time Japan intervened alone without 'help' from the central bank. This intervention was conducted under the supervision of the newly appointed major finance diplomat Zembei Mizoguchi at the time. The Japanese government said the intervention cost about 700 billion yen.

February 28, 2003 - Japan's Finance Ministry has confirmed it has intervened for two consecutive months, buying dollars and euros worth about 513 billion yen. In an official report that the Japanese government has asked the BoJ to enter the market several times by the end of February and buy euros and sell the yen.

January - March, 2003 - Official data show that the Japanese government has spent around 2.5 trillion yen on currency intervention in January to March.

May 13, 2003 - Japan intervened by selling the yen after the dollar fell as low as 116.36 yen in late Asian trade. There is no confirmation from the Japanese government on how much funding is needed.

June 2003 - Japan sold around 628.9 billion yen in currency markets in the period May 29 - June 26 to stem the yen's strengthening.

July 2003 - Japan sold around 2.0272 trillion yen in July to prevent a stronger yen.

September 2003 - Japan sold around 4.4573 trillion yen, considerable funding for intervention in the currency market in September after earlier refraining from an intervention plan suspended in August. Economists say that all interventions were made before September 20, when the Group of Seven industrialized nations issued a statement calling for flexibility in exchange rates.

October 2003 - Japan sells about 2,723 trillion yen between September 27 and October 29 On September 30, the Ministry of Finance confirmed that the Japanese government buys USD / JPY, acting through the Federal Reserve of New York.

November 2003 - Japan sells about 1.5996 trillion yen between October 30 and November 26. In this period the dollar briefly fell to its lowest level at 107.52 against the yen.

December 2003 - Japan sells about 2.2519 trillion yen between 29 November and 26 December. The Treasury said in its budget plan for 2004/05 that it would raise its total fund for intervention to 140 trillion yen from 79 trillion in 2003. Before the budget is passed, the finance minister asks the BOJ to provide short-term funds by buying foreign bonds and pledging will buy it back.

January 30, 2004 - Japan sells about 7.1545 trillion yen between 27 December and 28 January. In this period the Dollar fell to its lowest level around 105.45 against the yen on Jan. 27. Japan's Finance Ministry also sold 5.014 trillion yen of foreign bonds to the BoJ to raise funds for intervention through repo agreements in which it will buy back the bonds in the future.

February 2004 - Japan continues to intervene with substantial funds, spending about 3.3420 trillion yen to stem the yen's rise. The dollar briefly hit 105.14 yen after a 4.5% rebound.

March 2004 - Japan sells around 4.7026 trillion yen in currency intervention throughout March. In Q1, Japan sold 14.8315 trillion yen to stem the yen's rise, breaking into the market for 47 days between Jan. 1 and March 31. This March is the end of a 15-month campaign by Japan to curb the yen's rise. Total funds spent reached 35 trillion yen or more than $ 300 billion.

June 2007 - New Zealand intervened for the first time since the NZD currency was issued in the forex market. This intervention was made after the demand for NZD currency pushed it to its highest level in 22 years. At that time NZD / USD reached the level of 0.7640. The price is considered by the New Zealand central bank (RBNZ) is a price that does not go in and does not match the prospects of the current economic fundamentals.

March 12, 2009 - SNB intervenes to weaken the CHF currency. This intervention is for the first time since August 1995 after the franc touched a low of 1.4576 per euro. This intervention then pushes EUR / CHF to 1.5450.

Dec 2009 - Mar 2010 - Traders cited SNB activity on 21 December, 29 January, 12 February, 23 February and 2 March to maintain the 1.46 level per euro.

April 2010 - SNB intervenes in the FX market to weaken the franc against the euro. Swiss government data showed foreign exchange reserves in the form of the CHF currency of 28.7 billion francs ($ 24.83 billion) rose to 153.6 billion francs in April. SNB adds to its foreign exchange intervention to keep EUR / CHF holding around 1.43.

May 2010 - Swiss National Bank re-intervenes in the market to weaken the franc as the currency reaches historical highs above 1.40 per euro.

Manage Maximum Loss in Any Open Position

Manage Maximum Loss in Any Open Position

Each person's abilities are different. Likewise with the ability and readiness to bear also vary also. You must decide how much maximum loss you are willing to pay in a single trading session.

Why do we need and must calculate the loss before we start trading? So that we can keep the losses to a minimum. By determining a small maximum loss, your total float / margin trading will not decrease a lot if you suffer a losing streak and can still survive and restore the losses that have occurred.

Notice the following table. For example your Float trading is 100 million. Means the maximum loss you bear in a single trading session if your maximum loss of 2% is 2 million. Whereas 20% is 20 million.

The above example is for one time trading. That is in one trading session = 1 day you are trading. So in 1 day / 1 session in multiple trading times you only prepare 2 Million loss in a day, no more than that, if your Maximum Loss is 2%.
2% is a very tolerable number and is recommended by other professional traders.

Why only 2%? I think it's very little and if the percentage is bigger I can still call it. Wait a minute, do not take too little little things lightly. Even small things can make your life happy or miserable.

Let us illustrate the activity in one of the following trading sessions. You take Maximum Loss with maximal value of 2% of 100Million capital. And 5 times your first trading session loses in a row. Let's calculate.

-The first Trading session of 100 Million funds you lose by 2%. Means you lose 2 Million. Funds remaining = 98 Million
-The second trading session of your fund 98Million you lose a 2%. Means you lose 1.96 Million. Funds remaining = 96.4 Million
and so on until you lose and lose 5 times.

That is the count according to Maximum Loss 2%. Consider the following table with a different Maximum Loss percentage.

Well, you already understand it. What if you take a greater risk? Such as 20%. Indeed if you can and know the exact price will be where you can get rich in a day, but also will be very faster also to go bankrupt. With only 5 times lost your trading, your money will be 32.7 million.

You'll have to make a 300% profit to get your capital back up to 100 Million as it once was. By setting the Risk, you can minimize Loss and maximize profits. Do not ever think it's impossible we lose 5 consecutive first trading dal. Do not say it's not possible yet. All can happen beyond your expectations. So by arranging your losses with Maximum Loss, you will quickly adapt and become a professional trader.

Let's take another example with a smaller fund. Above we calculate the percentage loss by one day, this time we will calculate the percentage loss with the calculation of each open position. Why do we use percentage of each open position? Because this is often used by the majority of most traders.

Such as you have a $ 500 in trading account, then how many lots are safe to use? We try to use the lot per position with a percentage loss of 2%.

You have $ 500. 2% of $ 500 is $ 10. Each open position you set a Stop Loss of 50 pips. So if using 2% percentage with stop loss 50 pips, then the safe lot used is 0.20. Because if you suffer a loss of 50 pips, then your loss is $ 10 only ($ 0.20 x 50 = $ 10).

Then if in 5 consecutive times you experience loss, then the funds in your account is still $ 451.9.

Not bad if using 2% in every open position. Better than you use the calculation of margin endurance in using lots like 100 - 200 pips margin resistance only. It would be better to calculate the loss like this because it is easier for you to measure the calculation.

The Influence of Fiscal Policy Against Currencies

The Influence of Fiscal Policy Against Currencies

Fiscal policy is determined by the government, to determine the amount of money earned from state revenues as well as the budget to be spent on specific goals, such as to increase employment and inflation.

If we see in theory, fiscal policy is issued to influence economic activity. In contrast to monetary policy, which is more focused on interest rates and the amount of money in circulation. Because the government tries to influence the economy directly, fiscal policy has a significant effect on economic indicators.

There are two types of fiscal policy

-) Expansive fiscal policy - which aims to lower taxes and increase government spending, thereby encouraging more spending and encouraging economic activity.

-) The contractionary fiscal policy - which means raising taxes and lowering the budget.

This fiscal policy theory is based on "Keynesian Economics" where economic productivity is controlled by governments that directly regulate and monitor taxes and public spending.

The effect of fiscal policy on the forex market has no direct impact. There is such a process with changes in the inflation rate that will ultimately affect the exchange rate of the currency. In the eyes of fundamental analysis, fiscal policy also influences many other factors such as employment.

When the government promises a tax reduction, it is also part of fiscal policy. In this way the government can increase economic activity. Conversely, lowering taxes can encourage more budget spending. It also helps boost market demand, and may be an indication that soon currency exchange rates will increase.

If you are a trader, let alone a long-term trader, it is good to always follow the fiscal policy development of the government. In addition to the precaution and avoid the currency trend change can also seek clues of currency exchange rate increase more quickly.

Beware Against Forex Brokers

Beware Against Forex Brokers

The popularity of the foreign exchange investment business or the Forex market as a way to earn revenue has resulted in the rise of recent Forex frauds.

Indeed, we rarely see or read in the media about people who lose all the savings they get with difficulty in this forex trading. Whether it is fraud through individuals who give the lure of a profit can give a few percent just by investing funds. In addition, other fraud is where when a trader (managing his own funds) loses his money in an online forex broker who can say 'abal-abal'.

We will discuss about 'fraud' which is often done by brokers that are not credible or often called a scam broker.

Brokers who have Credibility (trusted) high is very important for those of us who are just starting to plunge into this online forex world. Broadly speaking, truly trusted brokers have been registered on a financial regulation that has high security procedures. Minimal brokers are listed in one of the financial regulators such as FCM (Futures Commission Merchant), CFTC (Commodity Futures Trading Commission). Currently, many financial regulators are emerging and arguably have good procedures such as the CySEC (Cyprus Securities and Exchange Commission), the Australian Securities and Investment Commission (ASIC), the FSA (Financial Services Authority) and others.

In Indonesia alone there are official regulators such as Bappebti (Commodity Futures Trading Supervisory Agency).

Needless to say, forex brokers who are not registered with clear regulations will usually be 'blur' when their financial condition or system is in turmoil and carry their clients' money.

We have a lot of foreign online forex brokers who provide ease and have a high credibility that helps us to conduct transaction activity in the forex market. If you are still not sure to use foreign forex brokers, you can also use a local forex broker, but by researching in advance whether the local broker has Bappebti's regulation and also pocketed the operating license from OJK.

Choosing The Right Forex Pair For You

Choosing The Right Forex Pair For You

Choosing a forex pair or currency pair in forex trading is something that is important but rarely noticed by traders, especially beginner traders. Choosing a pair that matches our trading type character is very important, it is to find comfort in trading activities. Well what should be considered in choosing the best forex pair?

Things we should find out to find the best pair we can know through the spread. The majority of brokers offer small spreads, especially in EUR / USD pair. Yes, most brokers provide the lowest spread against this currency pair. In the broker fix spread, EUR / USD is offered with a spread of at least 2 pips and a maximum of 3 pips, but on the ECN broker can reach 0.8 pips or even lower. Of course the EUR / USD pair is favored by the scalper as it is known for its low spreads and stable movements.

Like EUR / USD, the GBP / USD pair is also a bit similar, but sometimes it has a higher spread, just a few pixels. The GBP / USD currency pair is also well known for its high volatility and range every day, so often intraday traders make orders on these currency pairs.

You need to know, even though the GBP / USD is known as a pair that has a stable movement like EUR / USD, but now the couple becomes more 'wild' moves due to very sensitive to issues and political developments between the EU and Brexit Referendum. So expect you to be more careful if trading in GBP / USD pair and coincide with events that discuss Brexit, such as the development of Brexit negotiations.

The USD / JPY currency pair is sensitive to what is happening to Japan and the United States, whether it be economic or central bank policy. It is usually negatively correlated with the movement of EUR / USD. When the USD strengthens, the EUR / USD pair will move down and also USD / JPY will strengthen. While in the EUR / JPY pair will usually move randomly with the shadow (tail) on each candlestick.

The USD / CAD pair trades the dollar against the Canadian dollar. Pair is closely related to world oil movement. Because Canada is the world's oil supplier, so oil prices will affect the value movement of the Canadian dollar. Sometimes this pair is negatively correlated to USD / JPY, although both base currency is USD. This is due to the negative correlation between oil price and USD value.

Japan is an oil consuming nation and when the price of world oil rises then Japan will also pay more to buy oil, it affects the decline in the Yen currency. Well on the science of correlation strategy pair it is often used by traders to seek profit in USD / JPY and USD / CAD pair.

AUD / USD, this currency pair is related to gold price due to gold commodity price correlation with Australian dollar. When the price of gold soars, the value of the AUD currency will usually strengthen and make the AUD / USD currency pair move up. This is because the Australian State is one of the largest gold producers in the world. It is also used by traders who are able to analyze the movement of gold as well as the inverse correlation to the US dollar exchange rate.

Well that's how to choose a forex pair that suits your ability and type of trading. In order to understand what influences the currency movement you should learn about the economic conditions and related commodities.

5 Consistent Tips to Stay On Forex Trading

5 Consistent Tips to Stay On Forex Trading

How can I get a lot of profit in every opened position? The question is often asked by the friends of traders who are still the first to cultivate this forex trading business? And if you look closely, the right question is how to survive and remain consistent to run this forex business.

We will discuss about 10 tips to survive in this forex trading, including:

1) Never Sell Forex With Casino

Forex trading is not an event to gamble. Everyone is aware of it, but there are still many who do it. Forex trading is not a place that can generate millions of dollars in just an instant or in one night.

It takes a mature analysis and a deep enough understanding to be able to deliver results accordingly. Gamblers spend money or dream of making money in abundance in one night. If you treat forex like that, then you are not much different from the gamblers who are in a Casino.

No need to rush to get a profit in large quantities. Better to collect fewer but consistent pips than trying to get tens to hundreds of pips in just one trade. Remember, always have the mindset that forex is investing for the long term.

2) Do not Throw Money If You Have Not Been Experienced

It would be better if you practice or seek experience first using a demo account. It aims to familiarize yourself with the trading platform interface or try the trading system. Besides using a demo account also indirectly make you discipline in managing money management.

Lots of beginner traders have dared to open and use Real Account. Though they do not have a trading system or trading style that suits them. The result is not the profit earned but the infinite loss. As mentioned above forex is a place to invest, not a place to gamble or just to try, let alone use real money.

3) Understanding the Trending Price Movement

In every price movement, there are only 3 definite patterns: Uptrend, Downtrend and Sideways. If the market is experiencing a trend, then do not be afraid to try to join the opening position. As a reminder, Trend conditions are when prices move strongly in one direction within a certain time period.

Learn about what a trending condition is, so you will not get stuck or confused when the price is in action (especially the correction). Use a large enough time frame like H4 or daily to see the current Trend condition, because at that time frame the price movement condition is very easy to recognize.

4) Do not Wager All Capital For Some Positions

This is often done by many traders, especially those who are beginners. The use of lots that is too large can result in all your capital run out in an instant. Usually it is motivated by the use of high leverage.

If you are not good at setting lots, use small leverage, so you can not at any time use large lots and do "Bomb Lot" in just one position.

5) Always Use Stop Loss in Any Open Position

You may not be able to withstand a continuous loss until your capital is completely discharged. Otherwise you also can not expect big profits to continue every day. Every business there is time for loss and profit.

If you can not afford to close a minus position, then use Stop Loss. This feature is actually very helpful to keep your capital so as not to lose too much. In addition, stop loss indirectly can help you to discipline in every open position. You need to know, many professional traders who succeed in this forex business always use stop loss to set losses.

Selecting Long term or Short term Trading

Selecting Long term or Short term Trading

Trading and buying currency known as forex (Foreign Exchange) is one business that is quite difficult but has a reward (potential profit) is quite tempting. In general there are two kinds of terms for the type of trade, which is long-term trading or often called Long term trading, and also trading in the short term called Short term trading.

Both types of trading have their own management strategies and ways. Many professional traders often say, "that one of the keys to success in financial markets is knowing what kind of trade suits you best." As it is roughly.

Here we will discuss the typical trading in forex trading.

Short-term or Short Term Trading is a typical type of trading that opens a position within a maximum period of 1 week. Broadly speaking, Short term or short term trading has little disadvantage, that is, we should have plenty of time to keep track of market movements over time, either within a day or several days of the week.

Typically, this short term type trader opens and closes the position in less than a week - or even a day. There is even a position open and close it for a few minutes only, this type of trader is often known as a scalper (using a minute time frame and 1 hour). Most Short Term traders also use H1 or H4 time frame basis to see the outline of the current trend.

As for the long term type is a typical trading that opened the position for weeks and even months. In forex trading we very rarely meet typical traders like this. In the same way with short term trading, Long term trading type also has a few drawbacks. That is, you have to be really patient when the market does not give signals. This will certainly take time just to wait for the signal from the market, but the advantage is that you do not need much time to keep an eye on the market.

If you are trying to use this type of short term trading type, it is expected you to have plenty of time to monitor market conditions. And type of short term type is likely to have a greater risk, because within a week will certainly open a lot of positions, so the opportunity for loss was also greater.

On the other hand, long term trading also has few constraints, namely the issue of capital magnitude. What we mean by capital is, because long term trading types are also likely to lose more than short term trading. This is because long term trading opens and closes positions in minimal weekly time. So when the losers, surely greater than the short term type of trading.

Actually there is still a lot of writing about these two types of trade, but we will not discuss it too specific in this paper. It should be emphasized again, that one of the keys of successful forex business is to recognize what type of trader you are. Or how you trade.

Advantages and Forex Risk Management

Advantages and Forex Risk Management

Of course for all Trading instruments still have their respective Advantages and Forex risk management, and none of the purely instruments can be used as Safe Heaven. Moreover for Forex which has "Pair" trading instrument.

Paired here commonly referred to as "Pair", where the mention of the currency pair has a stronger currency rules are in front. Because it is called by trade or exchange, of course there must be 2 interrelated instruments. For example, EUR / USD, If we buy EUR directly we will sell JPY at the rate of the pair, and vice versa.

Overall, there are at least 8 most commonly traded currencies in the Forex market, or we usually call them "Major". Here are some Major currencies along with the nicknames that the currency has:

• USD - US Dollar - Greenback - Buck
• EUR - Euro - Single Currency
• JPY - Japanese Yen
• GBP - Great Britanian Pounds Sterling - Cable
• AUD - Australian Dollar - Aussie
• NZD - New Zealand Dollar - Kiwi
• CAD - Canadian Dollar - Loonie
• CHF - Swiss Franc - Swissy

The aforementioned currency will then be extended to each other by the most widely traded rules placed in the world on the front.

Actually, there are some other unusual pairs, or commonly called "Exotic Pair" like USD / SGD (US Dollar / Singapore Dollar). But trading for exotic pair is very rarely done by market participants, so that price fluctuations are not too bear.

After we discuss a little about Forex Instruments, let's move to discuss the Advantages and Risks Foreign Exchange for trading activities that do not cause regret in the future.

Excess of Forex

Forex has the same principles as other trades that exist in the real world, as well as in other virtual worlds. However, the Forex market has advantages that can be an "Edge" to get big profits in a short time.

24/5 Non Stop

Currently, only two currency markets are running 24 hours non-stop, the Forex Market and Crypto Market which has recently become a trending investment and trade. With 24 hours trading time, we can set our own schedule to participate in the market freely.

Free market

In the Forex market, of course we are freed to act in accordance with our own beliefs without any restrictions. We can also reap the benefits of two directions, meaning that when prices rise or fall we can still generate profits during the expectations that we do right.

High Liquidity

With a market that is always active to produce an active price fluctuations as well, so it could be advantage / loss can occur in just a matter of seconds.

Leverage

Leverage here serves as a leverage fund where with relatively small capital, market participants can execute orders that require a larger margin.

Demo Account

If the first practice of trading can only be done with "record and pay attention" without a real action. Unlike the current where Demo Account with a real market and transaction execution action can be done. Thus, forex trading exercises can be done without the cost of a penny.

Forex Risk

In fact, the risk in the Forex world is just the opposite of the above advantages, but still we will try to explain in more detail, so that the comparison becomes more clear.

Vitality

With increasing Volatilas and Price fluctuations, it is not just the benefits that can be gained instantly in a short span of time. However, large losses can even be obtained instantly if the calculation is done wrong.

Leverage

Leverage here can be likened to "Double-Eyed Knives", where small capital will have the ability to execute orders above the ability of the fund. It's true that big profits are gained, but the risk of big losses can also occur.

Forex Broker

Risks to Brokers (Broker / Third Party) of course exist. If you choose any Broker, of course the risk of losing deposit funds may occur. Especially at this time a lot of cheap brokers who already ran a lot of funds from customers. Thus, the most appropriate way to do is to choose a certified broker, or a trusted local broker.

Personal Self

Why a trader's Personal becomes a big risk ?, Because basically all trading activities must be based on a broad knowledge. If a trader does not have the proper "science" in Forex, not a beautiful dream of a "Holy Grail" or financial freedom gained, it is a nightmare of bankruptcy that will come.

Golden Physical Or Online Gold

Golden Physical Or Online Gold

If you are interested in investing in gold, you can do it the traditional way by storing gold physically in the form of gold bars, coins, or jewelry. This is the way of conventional gold investments that have also been done by our ancestors even to this day. So what exactly is the risk of this investment capital? The risk of investing in physical gold is the declining price, the loss of being stolen when it is stored at home, or if it is in the form of jewelry is a possibility to be grabbed or robbed.

To ensure its security you can keep your gold deposit in the bank, but of course there is a fee for care services that you must pay. While the profit potential that you can get from physical gold investment in fact not too big when compared with online gold investment. In addition, the cost required to buy gold is also quite large. If you decide to buy gold little by little this is also of course can be done but you certainly know that the gold price fluctuates and refers to the market price located at the world gold trading center loco in London England.

As is widely known to date there are still many investors who are confused in distinguishing between physical gold investment and gold futures or often said as an online gold investment. The most striking and differentiating of these two types of investments is that online investors do not need to have physical gold while on physical gold investments, investors certainly keep some gold bullion that will be sold at the right time, that is if the gold price is rising.

Things that differentiate the golden investment of physical and gold online

If you prefer to choose one of these types of investments, such as physical gold investment or online, you can reassess whether your choice has been right, or is in accordance with your priorities and needs.

To help you here are some things that can be a comparison between physical gold investment as well as online gold.

Comparison of capital

In physical gold investment investors are required to provide capital or funds in large quantities to buy some gold bullion which will be stored either in banks or pawnshops. This means that the capital you have spent to buy gold will be silent in the form of physical gold or gold bars. If you buy gold at the lowest possible price and sell it when the price is rising then you will get double payback.

While the online gold investment you simply provide capital about 5 million dollars which is certainly much cheaper than the capital you have to spend to buy gold bullion. By opening a gold trading account you also make gold transactions but online by offering the gold you have on interested buyers. Thus you do not have to worry if the price of gold has decreased. This is because your gold futures hold steady.

Security

You can also compare between physical gold investment and gold futures or online in terms of gold investment security. If you are running a physical gold investment you should consider carefully the safest place to keep your savings because of the risks mentioned earlier. In general, gold bars are stored in banks or pawnshops. But this facility is certainly paid.

In online gold investment, investors do not have to worry about whether his gold is in a safe condition or not. This is because the traded gold is physically stored safely at the Bullion Association in London. Although deposited in the bank, the owner of gold is not burdened with the cost of such storage.

The position and price of gold

Next consider the direction of potential reciprocity opportunities you may have. On the physical investment of gold or bar that you sell when the price is rising, of course you will get a profit. Conversely, if the gold bullion you are lego when the price is down for example because it requires fresh funds in quick time of course you will lose money. This is why it is very important for you to set the best strategy possible so that the return you want can be achieved. One of them is to monitor the movement of gold prices on a regular basis.

But if you run an online investment of the transaction activities you run will not depend on either the time or the sales strategy. This means you can still run the business even if the price of middle gold is not stable or experiencing sharp fluctuations.

Potential advantages and disadvantages

Gold investment in general is very appropriate if our goal is to lock in our wealth and assets. Gold investment can we say like having a money tree that will continue to provide benefits because the price is always increasing from time to time. However, you should also remember that this precious metal is part of a commodity affected by the movement of global economic conditions. The important thing we have to do is to deepen the knowledge to predict the market price so that the strategy we apply successfully.

From the description above we can conclude about some advantages of gold investment online

Investment capital

To start gold investing online you do not have to provide start-up capital in an enormous amount of investments in physical gold. For physical gold investments, investors must provide funds to buy gold in physical form (sticks, coins, or jewelery) plus funds for the cost of daycare services at banks or pawnshops. While for online gold investment capital initially more affordable. Only with a capital of about 3 or 5 million rupiah you can open an account for gold trading.

Opportunity profit

The main purpose of all types of investments is to earn profit or profit. If your investment goal is for long term then physical gold is suitable for you as it is longer stored then the price will increase. This is in contrast to online gold trading in which investors have the potential to earn a reciprocity anytime with a larger profit amount.

Price and transaction conditions

In online gold investment investors can act as a buyer or seller so as to adjust to the conditions of profit or opportunity to bear the risk of loss when the price of gold has decreased or increased. This is different from investors who invest in physical gold where he acts only as a buyer and thus must bear losses when the price of gold decreases.

The Importance of Seeing Trading Time When Playing in the Forex Market

The Importance of Seeing Trading Time When Playing in the Forex Market

If you are interested in the world of trading, then one thing you should know is the time of trading. The forex market will always be available 24 hours for 5 days. Actually, this situation is like a regular market because not every time the market will always be crowded. There are times where the market is very crowded by the visitors. However, there is also a moment where the market looks lonely even if it is open. Besides, there are also moments ?? moments where the market is already exceeding its capacity limit.

Then what to do with forex trading? Yes, in playing trading does require a strategy will you can get a great opportunity. Well, this is also adjusted to the trading time as the next strategy.
Here are some things about trading time in the Forex market you need to know:

Know the Market Hours

In forex play, market hours or market times will be divided into sections within a large trading zone. Zones included in the big trade are the Zone of Tokyo, London Zone, Sydney Zone and New York Zone. The four zones are indeed coming from different countries with a time difference of up to 16 hours. With that time span, then you can use it because the market never closes. If one market closes, then you can go to another market. This will certainly make forex analysis of each ??

Each zone to know when the time and day are right for you to play forex.

* Asian Market

In determining the forex predictions in Asian markets, then you can oriented on the Tokyo market as the largest trading source in Asian markets. You need to know that there are also countries with great economic power playing here like China and Hong Kong. So many big role roles that participate in this market. Forex Trading for Asian markets also usually experience moment moment of liquidity is in lowest level and can be seen from movement of price which value very small. Usually a large moving price occurs in the early trading time the market is opened.

* European market

The big trading center in Europe is in London. The forex analysis you should know in the London market is this market has a very high price movement. This market will be in the lowest price when entering the lunch hour while waiting for the American market open.

* American Market

The American trading center is located in New York with a percentage of 19%. This market will greatly determine your chances of winning and getting a great chance. Therefore, you must understand the forex predictions are good and correct. One of the things you need to know is that liquidity points are at a high level in the early trading sessions. This can happen all day long.

However, the point of liquidity may fall especially when European markets are closed. In this market, you will see the fair couple will play very hard, and you must be right ?? really monitor it well because the dollar will move to and fro.

Those are some of the things you need to know about trading times in various world trade zones. You can make this as a forex analysis so you can more easily to determine the strategy so you can win in forex trading.

Best and Accurate Free Forex Trading Signal in Indonesia

Best and Accurate Free Forex Trading Signal in Indonesia

Every trader would want to get satisfactory results on every forex transactions on the market. There are various ways to gain profit for example by utilizing free forex signal facilities as provided by provider analisaforex.com. With this help, for beginner traders are expected to be confident enough in trading because forex signals will help improve your trading performance. On the internet circulating various signals forex trading that is signal with automatic execution and not, signal with software that has been installed on PC and signal obtained from third party, and signal prediction from professional trader and signal with base of mathematical calculation.

Types of Forex Signals

Signals sent by third parties and signals that have been installed on the trader's computer from software sent by the signal provider. Signals from software that are then installed on trader's PC are often referred to as trading robots or EA (Expert Advisor). There are trading robots that are offered with a paid package system but some are free, although traders can actually create their own EA using EA MQL5 and MQL4 generators.

Of course this free forex signal has a different accuracy depending on the strategy applied. To avoid losses when using this paid package system traders may backtest first by requesting proof of real account from EA provider provider. Thus it would appear that the quality of Expert Advisor in a certain time duration.

The weakness of this trading signal is to prioritize technical analysis so tend to ignore the fundamental factors. The risk for traders can suffer huge losses in case of fundamental news releases that result in unexpected price movements in the forex market. Some forex brokers even forbid the use of forex signals with this forex robot because at certain times it is feared to interfere with the system.

Along with the increasingly sophisticated system used, there are now some trading signal with EA that provides high impact news filters feature to stop trading automatically when there will be news with a big impact on the fundamental calendar. Trading system with this robot much of a choice of traders who often do not have enough time to monitor the movement in the forex market due to various busyness.

Another type of the best signal forex, is a signal sent by a third party and does not come from software as Expert Advisor. Examples of this type of forex signal is a signal that comes from traders and sent in social network trading. Beyond that there is also a signal sent by independent signal provider via email or sms. The basis used in making the signal can be a personal prediction of a professional forex trader or can also be analysis based on algorithm calculations.

Some of the accurate forex signals contained in social trading networks such as ZuluTrade or facilities provided by certain brokers such as Instaforex or Forexcopy are signals made with predictions of professional traders or personal lead traders. They will close and open orders, make sell and buy transactions, and their actions will be selectively or automatically imitated by other traders. The weakness of this system is prone to emotional impact provider provider because the signal is done by individuals.

However, since it is done manually by man, the forex signal is created with a combination of fundamental and technical analysis with more comprehensive comparison with pure trading signals using only mathematical calculations. But the excess of forex signals created by algorithm calculation is free from the influence of psychic or trader feeling because the signal is designed by the trading robot or algo trading. If choosing forex accurate signals of this kind of risk that must be borne by the trader is the robot's inability to stop from the forex market.

The trading robot is not able to respond to the conditions on the market so that it will continue to follow the instructions as it has been programmed from the start. Thus if at any time of crisis then the robot will not be able to survive in the forex market. In some studies it has been proven that forex robot trading signals are unable to recognize market crashes or market failures. The anticipation that traders can do is to conduct regular monitoring for users of forex signals on the basis of mathematical calculations.

Such monitoring includes a smooth check of trading infrastructure such as trading history and VPS, as well as forex robot performance used. Traders sometimes also need to replace the trading robot program if it is deemed to be out of sync with market movements. If after a while the performance of forex robot does not improve maybe it's time you replace it with another.

However accurate forex signal is one of the alternative solutions suitable for newcomer traders in forex investment and not yet confident enough to do trading independently. By being a client of one of the trading signal providers, it is certain that the trader in question has been in part of an active trading process and creates the opportunity to generate profits as a professional trader with high flying hours. Here are two important advantages why beginner traders should use this help.

1. Free Forex signals can make a trader a new trader to trade as experienced professional trader. For newbie traders it takes time and process to find out most trading tips and tricks to get profit. Now just by copying the trading signal from the provider of the trading signal provider, the newcomer trader can become an experienced trader in an instant and be able to trade with efficiency as a professional trader.

2. By utilizing the best signal forex one does not need to be very expert in trading techniques because the form of trading transactions becomes very simple for any particular trading platform. Just by being a forex signal customer, your forex trading can be solved with some strategies. The traders simply open a trading account at the best forex broker then install the expert advisor and choose the most trusted signal to follow.

The greatest benefit of subscribing to trading signals is that traders can make a profit without the hassle of investing the time and effort to learn the best trading techniques to gain profit. With an accuracy of up to 90%, the best signal forex will help you earn the same profits as professional traders without sacrificing the same risk. By imitating the movements of professional traders, new pendants will be quicker and easier in understanding trade rules and tricks.

From the description above would have been understood that using forex signal free, best, and accurate will bring a lot of profits for your trading performance. One of the recommended providers for you is analisaforex.com, which will regularly provide accurate and free signals for you. Good luck!

Realtime Forex Trading Signals Help from Gainscope Indonesia

Realtime Forex Trading Signals Help from Gainscope Indonesia

For those of you who struggle to make profit on this Forex Trading Signals, our Gainscope team helps you by providing Premium Trading Signal for Free.

(for the use of these trading signals, we recommend that you follow them fully, because our signal characteristics are continuous and related between each order transaction)
We provide this premium signal for Free because we are happy if you can make profit and keep trading with our company.

As for trading signal information, we distribute through our Twitter (@gainscope), because it is Realtime.

Our Signal Trading Characteristics are:

• Not every day trade (in 1-2 weeks only a few times trade only)
• Not a scalping technique
• Not using the lot folding strategy (martingale)
• Using major currencies
• Small Floating drawdown
• Estimated profit targets per month ranged from 2% to 10% (* based on trading signal results in private since 2010, and follow in full)
• TP and SL are not set directly on every open position, but when closing the position, either because it touches Target Profit (TP) or Stop Loss (SL) then we will post directly on twitter. This is to make the signal screen look cleaner and easier to read, given that we also frequently make TP and SL changes in our trading positions, and we do not want to make the signal screen full of TP and SL changes that will make it hard for you to follow if so
• Suggestions and examples of capital and lot usage for our trading signal: $ 250 capital using 0.01 lot, when capital is $ 500 using 0.02 lot, capital $ 10000 uses 0.4 lot, capital $ 50000 uses 2 lots. But you can adjust yourself according to your own capital and risk tolerance
• This Trading Signal is based on the count on our broker in GAINSCOPE only, which may be different or unsuitable for use on other brokerage companies
• This realtime trading Signal can be integrated with SMS directly to your mobile by typing FOLLOW GAINSCOPE and send sms to 89887 and follow the instructions (you must have a Twitter account first)
• Any risk of failure or loss resulting from the use of these trading signals is your sole responsibility. Use this trading signal as a second opinion help

Twitter SMS rate (cheap): Telkomsel - Indosat - XL - 3 (check your mobile operator for more information)

Our premium trading signals are publicly published as of November 2013

Here is the Twitter monitoring (@ gainscope) of our Signal Trading Assistance.

source : gainscopefx.com

Free Stock Trading for millennials

Free Stock Trading for millennials

It was during the Occupy Wall Street 2011 movement that Baiju Bhatt decided to democratize finances.

Today, while wrapping himself in a blue blanket against the cold of AC in Palo Alto's office of his first $ 1.3 billion venture, Bhatt said that Thomas Piketty's research on wealth inequality also inspired his mission.

That explains the company's name: Robinhood, whose final round of funding in April sent a value of more than $ 1 billion, making it one of the newest "unicorns". Regarding the means of social change? Free stock trading for millennium generation.

This hardly toppled the capitalist system. However, shareholdings in the United States have certainly declined since the financial crisis. Gallup polls show that 54 percent of US stocks, compared with an average of 62 percent before 2008. The decline is larger among people between 18 and 29 years, compared with 42% and 31%.

"We have ended up in such an annoying situation through a series of backward events where American consumers in general have completely abandoned the money-making system with their money," said Bhatt, 32, dressed in a black shirt and jeans with long hair in a ponytail. He and co-founder Vlad Tenev, 30, are targeting people younger than them. Average users - among the 2 million registered for accounts in Robinhood - in their thirties.

The biggest problem, I suggest, is that some Americans have savings in the first place. Mr. Bhatt replied that there was an important increase in the amount maintained in the Robinhood account. Among those who signed up two years ago and stated less than $ 5,000 total liquid assets, about 26 percent now have more than that in the Robinhood alone.

If that's true, part of it is because of the bull market: the S & P 500 has risen 20 percent over that period. But Bhatt says it is something very different. "Many of these consumers see Robinhood and buy shares as they see from previous earnings," he said.

"If someone says, 'Yes, I think Apple is a great company and they make great iPhone and I want to invest because I think it will be fine', I think it is a great place for people to start. people choose to do that instead of spending their money on a new pair of shoes, that's a great thing. "

He would not agree when I suggested that it might be better for his client to buy and maintain the cited funds that track the index. But he says: "The people do not know what it is, or, [they think:] 'It sounds like talking about finances.'" Just what's better, Apple's portion is better than a new pair of Adidas.

It's harder to find the social good in the way Robinhood gets paid. Sen comes from the sales flow of customer orders. Do more in the interest earned from your savings. But the biggest source of income seems to be the "gold" membership plan, which offers margin operations, or "gold purchasing power". Gold members pay $ 10 per month for a $ 2,000 credit, or as much as $ 75 per month for $ 15,000.

Somewhat worrisome: Robinhood finds a monthly subscription model after realizing that their customers can not calculate interest rates. "They do not feel comfortable doing that mental math on their heads," said Mr. Bhatt. Should they then buy shares with borrowed money? More broadly, is friction always bad? It costs only $ 4.95 to place transactions in Schwab, a traditional broker. It does not seem like a very expensive investment barrier, but it can hamper hyperactive trade in low numbers.

Robinhood customers experienced coercion last week when the company system crashed and angry users picked up Twitter to complain that they had lost money as a result. "This is not one of our best moments," said Mr. Bhatt. "I mean, that's unacceptable." You invest more in software engineering to try to avoid this problem.

While struggling to find a can of soda in a mini-fridge bottled with beer, Mr. Bhatt made an interesting, unusual speech among Silicon Valley's founders today, for public gain. "I think all these companies are kept secret as long as they are really bad, companies have to go public and they should not collect $ 7 billion before them," he said. "I think that would be good."

Selected Forex Books

Selected Forex Books

There are various ways to improve knowledge about forex. Many people attend seminars or workshops, then there are also those who are studying on mentors who are already successful. But many also choose to visit the warehouse of science, the book, or in this digital era, forex books.

To add insight and improve proficiency in playing forex, please use the forex books below:

"Currency Trading for Dummies"

"Currency Trading for Dummies" is a good pick for traders who are just beginning to tackle the world of foreign exchange. Published in 2011, the book was written by Brian Dolan, a veteran of the forex market for more than 20 years, working as a currency trader and market analyst. Dolan was the chief currency strategist at Forex.com, where he oversaw fundamental and technical analysis, and is regularly used as a resource for the latest currency developments by the financial media. The book is one of the best for beginners, as it presents clear, easy-to-read instructions on the forex market.

"Day Trading the Currency Market"

Kathy Lien's "Day Trading the Currency Market" is widely popular among new and burgeoning forex traders. Her book provides a two-pronged approach, offering both theory and actionable learning, with balanced insight into fundamental and technical forex trading strategies designed to generate regular profits. Lien's book also offers extensive and specific information on every aspect of currency markets and foreign exchange trading. Lien walks readers, step-by-step, through Forex fundamentals � such as long- and short-term factors affecting currency pairs � as well as covering technical analysis trading strategies that professional forex traders utilize on a daily basis.

Lien, a world-renowned currency analyst, has decades of experience and an extensive resume. Previously working at JP Morgan Chase & Co (NYSE: JPM ), Lien is BK Asset Management's managing director. She is a frequently featured guest on Bloomberg, CNBC and Reuters.

"Currency Forecasting"

Written by Merrill Lynch analyst Michael Rosenberg, "Currency Forecasting" is considered one of the groundbreaking and definitive works on forex trading. For decades, analysts and traders have turned to Rosenberg's concise, intuitive and brainy piece, which combines the macroeconomics of forex with fundamental and technical analysis. The book was first published in 1995, but it remains a helpful current guide to the currency markets. Rosenberg links international monetary dynamics to what legitimately happens in currency markets. He has long been hailed as a leader among forex analysts, and his ability to delineate clear connections between disparate finance and economic factors continues to make "Currency Forecasting" a go-to guide for traders interested in currency trading.

"Japanese Candlestick Charting Techniques"

Steve Nison's "Japanese Candlestick Charting Techniques" provides a lengthy and in-depth education on Japanese candlestick charts, a versatile technical tool that's very popular among forex traders. The book discusses how candlestick charts are used in conjunction with other technical tools to aid in improving technical market analysis. Candlestick charting is also often used for futures, speculation, hedging, equities or anywhere that technical analysis may be applied. Nison's background, comprised of years of research and study, as well as practical application and his to-the-point and easily understandable language make "Japanese Candlestick Charting Techniques" an ideal read for traders who are seeking a better understanding of forex trading strategy.

"How to Make a Living Trading Foreign Exchange"

Courtney Smith begins "How to Make a Living Trading Foreign Exchange" with an introduction to the world of forex, explaining the basics of foreign exchange trading and how it works. The largest portion of the book is devoted to trading strategies that Smith recommends for making money through forex trading, citing six ways that he touts as ideal for helping traders earn a steady income. Unique to the book is Smith's rejection rule, a strategy designed to double the profit generated from basic channel breakout systems. Smith's book also provides important risk management techniques, as well as material on the psychology of trading.

Books (ebook) forex is written by experts and experienced traders, so it can enrich the insight for anyone who dive into the world of forex trading. For beginners, listening to forex books for beginners can help you understand this very profitable business. Also, if you are looking for a specific strategy that suits your trading style, such as how to do "naked trading", or how "day trading" strategy, even how to understand candlestick, already available his books.

Forex Trading App on Smartphones

Forex Trading App on Smartphones

15 Forex Trading Applications on Smartphones

The forex trading application for iPhone and Android has been popular in recent years to facilitate forex traders to access data in real-time, analyze currency and even trade anytime and anywhere. From platform brokers to educational tools, this article will cover 15 forex applications on free and paid smartphones that can help improve forex traders trading.

Finding and Downloading Apps

Apps for iPhone and Android can be downloaded at their respective app stores and may be used on a number of different hardware devices. IPhone apps can be used on iPhone, iPad, and Mac, in some cases, while Android apps can be used on a variety of devices that support the Google Android operating system.

IPhone apps can be downloaded in the App Store and Android apps can be downloaded from Google Play.

Some forex applications may require Internet access, which is often bundled with smartphones, but may require additional charges for tablets and other devices. Most of the apps featured in this article can work either on wifi or cellular signals, provided Internet access is enabled.

Forex trading application allows forex traders to make transactions on the go. From a proprietary forex broker solution to marketing agnostic applications, forex traders have a wide array of options available to them when placing trading from mobile devices, such as iPhone or Android.

MetaTrader - is the most popular forex broker trading platform in the world available for free on iPhone and Android. This app allows traders to view real-time pricing and real-time quotes, and leverages 30 technical indicators, 7 time frames and 3 different chart types to analyze currency pairs.

Trade Interceptor - is another popular brokers agnostic trading platform available for free on a number of mobile platforms. Like MetaTrader, this app allows forex traders to see real-time deals and place orders. But it also includes unique features, such as the ability to play back the historical market movement to practice trading.

Platform Brokers - many forex brokers offer their own forex trading applications that integrate with their platform. For example, Forex.com recently launched its own FOREXTrader for iPad application that provides trading capabilities, advanced charting tools, news and real-time trading ideas and free analysis to its clients.

Application of Forex Analysis

The application of forex analysis can simplify the feasibility test and facilitate the achievement on the way for forex traders. From excerpts to news to charts, there are many special applications that can improve the default functionality seen in many brokerage applications or forex trading applications.

NetDania Forex - is a free provider for streaming currency and stock data as well as global commodities, combining resources from various news sources and market indices. The app also makes it easy to set prices and trend alerts, and leverage advanced charting with push setup studies and notifications.

Trade Optimizer - is a paid app that provides 14 important trading calculators to help forex traders manage risk, determine position size and perform post trading analysis. For example, an app can quickly tell any forex trader's hopes of trading to add strength to see how quickly profits can accrue.

DJ FX Trader - is a free application from Dow Jones & Company that provides forex news and real-time market discussions to help start trading ideas, while providing insight into the popularity of currencies and other valuable tools for forex traders.

FX360 - is a free application from FX360.com that allows forex traders to track fundamental and technical data for global currencies and markets. This app features live commentary, technical analysis, charting, economic calendar and FX news alert capabilities.

Swiss Forex - is a free application from Dukascopy Bank SA that provides a number of tools for forex traders, including direct quotes, technical charts, market news, economic calendar, TV Dukascopy, SWFX Sentiment Index, daily highs / lows, movers & launchers, pivot point level and forex calculator to make forex trading much easier.

From forex discussion forums to turotial articles, forex articles can give traders easy access ways to learn more on the go. Forex traders can use this resource to learn everything from simple forex basics to complex trading strategies.

BabyPips - provides a free, fun and easy to understand guide for forex beginners to learn how to trade in the forex market. This mobile version of the service provides direct access to the BabyPips.com Forex Forum, where prospective traders go to learn everything from forex psychology to advanced charting techniques.

FX Trader Magazine - is a leading forex magazine published every three months with in-depth macroeconomic reports, fundamental / technical analysis, trading strategy reviews, educational resources, interviews with traders and successful market experts, psychological studies and reviews of tools and resources forex trading sources.

Forex Signal Application

The forex signals application is designed to provide forex traders by buying or selling trading signals, no matter where they place trading. This signal can be very valuable when trying to manage risk and find profitable trading in the forex market. There are many examples of free forex signal service providers on Android such as from Forex Signal 24, Zforex, Market Profit, etc.

FX Trend Radar - is a popular tool for retail traders looking for quick flashes in the forex market from some time frame. Paid apps use easy-to-use detection and dash systems for forex traders to find trends in multiple time frames, from a five-minute graphic to a one-day graph.

FX Retracement Radar - is a popular tool developed by the creators of the Radar FX Trend application, which focuses on identifying technical retracements. Paid applications also include a momentum analysis feature that differentiates retracements with high momentum from normal momentum.

FX Breakout Radar - is the most popular of the three signals forex applications developed by the same company. Forex traders can use this paid app to identify the commonly used channel breaks in the industry. This application provides an easy-to-use interface for identifying in various currency pairs in real-time.

Other apps

There are many other forex applications that traders may want to consider. From the economic calendar to market open / close data, this application can help forex traders stay on top of important information and ensure they place the right trading at the right time.

Forex Hours - is a simple paid app that tells investors when some forex centers around the world are open. traders can use this information to place trading when the best liquidity, and to see which currencies are most likely to be active at what time.

iEconCal - is a paid app that provides a complete economic calendar covering all major economies around the world. Forex traders can use this app to set up alerts when major economic data are released in real-time and keep abreast of information on market movements and currency fundamentals.

Free Forex Bonus Promotion - is a free forex application that provides information on various forex and bonus promotions that are often given by forex brokers to their clients. Examples of forex promotions include No Deposit Bonus, Deposit Bonus, Forex Contest and others. Here you can find it easily, the application can be downloaded here.

Forex applications on smartphones are a great way for forex traders to learn, analyze and trade currencies on the go. 15 forex applications on smartphones covered in this article are some of the most popular apps, but there are hundreds more that provide various services.

Day Trading Strategies For Beginner and Expert Traders

Day Trading Strategies For Beginner and Expert Traders

The day trading strategy was introduced long ago, more precisely in 1975 as the accepted mode of stock trading when the US Securities and Exchange Commission (SEC) regulates that a fixed fixed commission rate of up to 1% of trading is illegal. This allows brokers to offer their clients a much reduced commission rate. It could also open up a new concept where not only brokers can place trades but everyone has the ability to sit in front of a computer and do stock-buying all day.

From here finally comes an industry of day trading which then branches from stock investments to other investment instruments such as forex and commodities.

Day Trading Strategy

There are so many day trading strategies, some of which follow the same pattern as trading-driven brokers while others are unique for day trading. The idea behind trading today is to take advantage of small movements in stock prices and liquid indices. One way to do this is to increase the capital in large amounts that provide additional funds for traders to use to place trading.

When considering day trading strategies, the first thing to note is the entry strategy. The first thing a day trader should do is consider choosing a stock that looks ideal for day trading. The liquidity and volatility of stocks is the next thing to consider. Liquidity offers an opportunity for traders to enter and exit stocks with tight spreads and at a good price. Stock volatility is a measurement of the daily price range at which the stock is expected to move. Larger volatility can lead to greater gains or losses.

There are several ways to identify entry points including technical analysis such as candlestick charts and line trends. Staying updated with current economic news can provide important data for market movements. In addition, day traders can be alert to orders coming from elsewhere and note an increase or decrease in stock prices.

Stop Losses

Using stop-loss is another strategy of a very important daily trading strategy. The majority of day traders are trading on margins that can be very risky because steep price movements occur constantly. A stop-loss triggers a predetermined price at which a trader will stop trading. This price should match the risk tolerance of the trader. In addition, the day trader can create a mental stop-loss where he will get out of that position if this takes an unexpected step.

With the allocation of maximum losses for each day trading, day traders will feel a bit safe and relax during the day safely in the knowledge that he will not find himself in a dire situation at the end of the trading day. Experienced traders will use today's trading strategies, while beginner traders believe they have to fix the losses rather than stop trading. They take unnecessary risks to be able to break even (BEP).

Other Day Trading Strategies

Other day trading strategies have been developed over time and become very popular for day traders. Scalping for example, involves selling quickly after a trading becomes profitable when the price is above or below the target price. As prices move quickly upwards, day traders can use fading strategies to shorten stocks. This may be risky but offers a nice reward.

The daily pivot is a day trading strategy in which the trader attempts to buy on a lower day and sells on a higher day, taking advantage of the daily volatility of the stock. Using momentum during day trading may involve buying stocks based on news reports going on and following trends until it begins to retreat. Other momentum traders will see trends for strong trends in both directions and increase volume and place trading.

What is Forex Trading Robot (EA)?

What is Forex Trading Robot (EA)?

Now, lots of Forex Trading Robot (EA) are scattered on the internet. You can find it easily through google and typing Forex Trading Robot (EA), and instantly appear on the start page of search. Many sites offer Forex Trading Robot (EA) downloads. There are also those published commercially, as well as those that are downloaded and used for free.

In contrast to other terms, Forex Trading Robot (EA) can be used in any transaction in forex. Forex Trading Robot (EA) is able to control the existing transactions, either controlled by the user or allowed to walk alone. All types of Forex Trading Robot (EA) is also used by many traders in Forex transactions, which are paid or free can all be tried.

Then, what exactly is Forex Trading Robot (EA) that, where it came from, and why it was created? Forex Trading Robot (EA) is also called Expert Advisor, if in Indonesia called Expert Advisor. Expert Advisor is a software programmed specifically to assist people in taking over transactions in futures trading. Any form of trading transaction may use Forex Trading Robot (EA), so it can be categorized as "Trading Helper".

History of Forex Trading Robot (EA)

Forex Trading Robot (EA) developed for a long time, first created through a programming language called Metaquotes which is packaged in metatrader. Metaquotes was first created from version 1 in 1999, until now metatrader has reached version 5.

In 2002, metatrader version 4 began to be made, until in 2005 metatrader 4 finished in the release. Of all the metatrader, version 4 is the most widely used, because it includes more complex than ever before. In version 5, metatrader has been given another advantage which one of them is faster transaction when compared to version 4. For Forex Trading Robot (EA), version 5 focuses more on backtest acceleration and price detection in each Forex Trading Robot (EA).

EA components

Forex Trading Robot (EA) consists of several program components that are created to assist in transactions. Inside the component, there are 3 main components:

1. Init
2. Deinit
3. Start

These three basic components make the program work. All types of transactions will run on start, whereas init and deinit as time orders run or endorsement during separation / closing. If these three components are not met, Forex Trading Robot (EA) will not run, even if the payable code is available and complete.

Forex Trading Robot Function (EA)

In general, Forex Trading Robot (EA) has a function as a human trafficking aides, but further than that, it has a much more powerful function than human transactions, including:

Capable of transactions beyond human capability

• Anti requote
• Execution is faster than human execution
• Tireless trading
• Without being psychologically affected
• Always follow the system discipline
• No sleep and always read every price
• Not affected by the outside environment

Forex Trading Robot Application (EA)

For now, Forex Trading Robot Application (EA) can be used using metaeditor which can only read Forex Trading Robot programming language code (EA). Metaeditor is built in conjunction with Metaquo Trader Software. Compile the program merged into one named metatrader. The Meta editor itself is designed only for the creation of Forex Trading Robots (EA), indicators, and scripts. In addition, this application is supported from notepad readings as the basis for making meta editor.

EA Code

Early code generation follows the basic programming language of C ++. With the basis of the program, Forex Trading Robot code (EA) began to be made and made open source as a form of development that can continue to be refined. Until now, the Forex Trading Robot code (EA) version 5 has been enhanced with the addition of other important codes that can help the faster programmers complete the Forex Trading Robot (EA) without requiring any more complicated code.


Conclusion
Forex Trading Robot (EA) is only a human transaction aide in forex trading. Regardless of how it works, EA is equipped with transaction rules from the beginning of code generation and available components. Aside from being a helper, EA is able to increase maximum transactions without the help of users in overcoming open and close a transaction. However, EA still needs human hands as a controller or full controller in every transaction. Without traders, the EA will lose its way, even if it's been made well by the experts.