If you are in the forex trading business, you’re probably familiar with the word forex scalping and of course you need best forex broker to get all done with good. Yes, it is one method you can try if you want to take many small profits and build up big profit consistently over time with low risk for sure. You surely need a help of broker to do this. Because the broker is “the man in charge” that determines the possibility and profitability of a scalping strategy for all traders. One thing that scalpers need to notice is that they need to be aware of broker’s attitude and preferences. An honest broker is important because an inefficient broker will lead you into a disaster. Read more »
Leading or lagging economics news or economics indicators is very important to predict the way of market trend. And of course this method still has to be filtered with technically strategy to calculate entry point from key level of support resistance on four hour or daily timeframe. Most economists talk about where the economy is headed – it’s what they do. But in case you haven’t noticed, many of their predictions are wrong. For example, Ben Bernanke (head of the Federal Reserve) made a prediction in 2007 that the United States was not headed into a recession. He further claimed that the stock and housing markets would be as strong as ever. As we know now, he was wrong. Read more »
Address: Irida 3 Tower, 10th Floor, Spyrou Kyprianou 50, Larnaca 6057, Cyprus
Phone:+357 24 400561
Hotforex regulated by FSC & CySEC. Hotforex have many trading platforms. As a standard trading platform is metatrader 4.0 and the others trading platform that hotforex provides are MT4 on Mac, HotForex WebTrader, Smartphone Mobile Trading, HotForex iPhone Trader, HotForex iPad Trader, HotForex Droid, Blackberry Trader. Many advantages if we trade on this “aged” forex broker, because they have many features like hotforex pamm, high laverage up to 1:1000 and hotforex spread as low 0.6pip on eurusd spread. Read more »
Yes FBS forex broker provides this interesting offering for all traders that with only start as a little five dollars we can trades on ecn broker. With NO Commission + NO Swap + Pips start from 0.6pips and flexible deposit and withdrawal options and the most is safety, this made FBS forex broker got many rewards The Best Forex Broker In Asia until now.
Trading with FBS forex broker have many benefit, one of the benefit is small spread and using 5 digit pricing behind decimal and bonus until 50% on each deposit made. Beside we can get rebate 2.2pips if we register on their IB program. Read more »
Once again, i’ve found a good forex broker for traders who want to testing their forex ea or forex robot. Yes, this roboforex allows all kind forex ea, no time limitation, scalping, hedging or even averaging. Roboforex provide real money if you won on demo contest.
There’s no hidden fee to take your prize winning contest. Roboforex provides trading platform for android too for mobile traders. Test their metatrader which demo condition and real condition is the same. Roboforex still using popular mt4 as their trading platform. Read more »
Definition Of Support Resistance
The beauty of support and resistance lies in its simplicity. Its validity has been tested over and over again throughout history and remains one of the most widely used analysis tool of all time. It works because it is based on simple crowd psychology. And as much as we don’t like to admit it, we are basically the same irrational creatures we were a few hundred years ago.
If you could predict where the market is heading, you would be a millionaire. Unfortunately, no one has developed an indicator that will predict the future. Many indicators have been created that will give you a probable direction of the market, and among them, the concept of support and resistance has risen to the top of the pile. Read more »
Just want to share about the best of the best of forex vps or called as virtual private server. Maybe if you want a champion forex vps level for your reference you can use my top recommendation of forex vps hosting that i used until now. Read more »
Hedging is actually a common term used in business and financial business world. Hedging is also something that is usually done by the forex traders. It’s not something highly classified or confidential. To understand about forex hedging easily, you can relate it with buying insurance. If we buy insurance to cover accident, hedging in forex trading is used to cover the amount of losses that might be sustained by someone. Hedging is commonly practiced by many trading foreign exchange. It is something they can do to protect themselves from losing their profits.
How To Trade With Supply And Demand Zones
Forex Copy Software
Forex Copy Trade Software or with popular name with forex expert advisor that allows you to copy your Forex Trades from 1 Metatrader Account (Master) to another Metatrader Account (Slave).
For Example, you might be running a Forex Robot within your Master Metatrader Account, and wish to duplicate these trades to another Forex Account. Without using our software this is not possible, as there is no in-built bridge between Metatrader Accounts without using our technology.
As another example you might have 2 different accounts, with different account balances and you want to copy your trades, proportionately, between the 2 accounts. TradeCopier EA has this functionality and you can trade with different risk settings. Read more »
There are some stop loss strategies to apply when we want our money safety and stay away from the danger. There are also some strategies to manage the existing risks so that we would get our maximum profit from our trading. Using our forex strategies mean we have to stick to the rule that our strategies have set. Without enough discipline, we would perhaps mess our money up.
Stop loss definition is the lowest price limit values specified to limit losses. When the price action touches this value , then the system will automatically close the order or position .
Decision to put a stop loss is an optional, some forex traders comfort with this stop loss strategy but in other side most traders not comfortable with stop loss because some broker can do hunting stop loss to our stop loss price level that we set before. At the end, this decision about setting our stop loss is depending on our trading strategies it self. Read more »
Hi.. this manual forex trading system based on 3 popular system strategy… hopes we can improved all of this combination together..
This is a simple system but very powerful. The system is very simple and the complex .. as long as we obey and follow all the rules then we will get a high win ratio.
TIME FRAME – 30 MINUTES
PAIR – GBPUSD, EURUSD, USDJPY, UCDCHF, GBPJPY
EMA – 50 & 120 = BBANDS STOPS v1
PIVOT BAINS = HEIKEN ASHI
GMACD_SIGNALS = DIGISTOCH
STEPMA = KUSKUS_STARLIGHT
STEP MA NINA = DOJI STAR
DOLLY TRADING TIMES
RULES : Read more »
For Forex traders who are looking at trading Forex binary options, it might seem like the binary options are child’s play compared to the complicated strategies involved in trading on the Forex marketplace. While it is true that binary options are much less complicated than traditional Forex trading, it still requires the use of a strict binary options trading strategy in order to make long-term profits.
Binary options are incredibly simple investment products where the trader merely has to predict whether an asset will move up or down in price over a set period of time. If the trader is wrong, he simply loses his investment, while if he is correct; he profits as much as 90% from the trade. Additionally, these options have very fast expiry times, often less than an hour, with the shortest options lasting a mere 60 seconds.
What this means is that a binary options trading strategy is far more focused on technical analysis than fundamental analysis. Successful strategies are based on the proper reading of charts and fine-tuning the trade and making it at exactly the right time. While market analysis and fundamental analysis do of course play a role in binary options trading, they are far less relied upon than in traditional Forex trading.
It also means that anyone can learn to trade Forex binary options without having in-depth market knowledge. Traders who learn to read the signals correctly and make the right trades at the right times from the charts are able to turn long-term profits. More than anything else, this makes Forex binary options trading attractive to both pros and newbies alike.
Most people that trade currency on the foreign exchange market will never ask anyone for help with their trading. If you are someone that thinks you can learn everything on your own, develop and maintain a successful strategy on your own, and trade successfully on your own, you are limiting your potential drastically.
Even elite athletes have coaches
Tiger Woods is arguably the best golf player that’s ever lived, yet he still has a coach.
Does that make sense?
Think about it. He is taking advice from someone with less skill and talent who he can easily beat in a round of golf. He does this because he can elevate his game even more with the help of a coach.
He is the best in the world at the sport, yet is humble enough to learn more, and continually strive to get better and perfect his game. You should do the same. Read more »
Forex trading is a good option for you who want to have your own business. It is not as difficult as it seems. It’s a good business that you can start with less money. You can start it with only $100 if you use the mini account. Furthermore, it is also less risky than the other business. At least, you will only lose everything in your account if your business is collapse. But it will only happen if you have bad luck. You can avoid it if you have prepared yourself very well before starting your business. You need to learn about forex trading very well so you can choose the consistent forex trading system.
It is more profitable for you because you will have a chance to gain profit all the time. You may also consider about easy forex. You probably question about whether it is as easy as it is said. Read more »
Multiple time frame analysis is that the apply of analyzing a currency combine by viewing a similar combine through many totally different time frames on charts. The advantage here is that by viewing a bigger time-frame, then a smaller time-frame, and then an excellent smaller time-frame, the trader is in a position to achieve a a lot of granular insight on how the combine is moving and create a a lot of informed entry into the trade.
How To Trade With Multiple Time Frame Analysis
Generally 3 time frames are chosen and people time frames are based mostly on the trader’s individual trading strategy. A trader with a longer-term perspective could opt for a Weekly, a Daily, and a 4-hour chart. a far shorter-term trader would possibly opt for a 4-hour, a 1-hour, and a 15-minute chart. The secret’s to use the longest-term chart within the array to work out the “big picture” and also the direction within which to require the trade. Then use the shorter time frames to “fine tune” where to enter positions in that direction.
You may have heard the expression “trends exist within trends”. For example, on a Daily chart, the trend may be an uptrend, while on a 4-hour chart the trend may be down and on a 1-hour chart it may be flat… all in the same pair.
In this state of affairs, the overriding trend relies on the Daily chart — that is up. at intervals that uptrend, however, there’s a retracement that’s occurring within the 4-hour time-frame. That retracement can possible return to an finish at some purpose and then the 4-hour time-frame can return into alignment with the Daily chart. By a similar token, at intervals the 4-hour time-frame there exists a trend on the 1-hour. As that 1-hour trend comes into alignment with the 4-hour and the 4-hour aligns with the Daily chart, a much higher probability entry point will likely present itself. Read more »