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
Weekly Price Trading Signal On EURJPY, AUDUSD, USDJPY And GBPUSD
This accurate price action daily strategy make us as a forex trader not always sitting in front of our pc or laptop all the time because we have another regular task in this life. So, trading with rilex and enjoy. Here several price action trading signal that maybe i can share to all my readers here, but remember each take profit level usually hit not on one day but usually reached 5-10 days.
See picture below :
This weekly price action signal projection on eurjpy will be to 135.08. You can setup your take profit at this level price. And take pending buy limit order at 131.67, 131.48, 131.34 and 130.87. This eurjpy projection will hit usually in one or two weeks.
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 »
Swing trading means watching for short term price movements, and then taking advantage of these movements by buying low and selling high. This is not day trading – day trading has no reliable data as the period is to short and you cant make money. The stock market trading game can be played many ways, and trades may be undertaken for short or long term goals. A swing trading system will help you find stocks which have the potential for price fluctuations in the near future. When you use this trading strategy you will not hold investments for more than three or four days, and you are looking for short term profits with more trades being performed than long term investors will have.
The right swing trading system for you will be one that is consistent with your investment goals, and the level of risks that you are willing to take. Every investor is different, with different goals and trading methods, so there is not one system which works well for all investors. Look at the swing trading system possibilities, and evaluate each system based on the interface, ease of use, effectiveness, and cost. When you compare all of your choices you can eliminate any choices which are not right for one reason or another. Will the system you are considering help you be a more successful trader, with more profits and fewer losses? Look for systems which are easy for you to use, and that help you find stocks which have the most potential for returns within your specified time range. Read more »
Forex Software Trading
This lately, the world is show the significant change by some of new invention in the business. It is show how the people around the world want to move forward for a better future that they can leave for the next generation to continue. As an example is the technology of internet. An internet however brings a lot of benefit to whole sector in the world including trading. In the line, a forex software trading is created to simplify the manufacturer and companies in the world of electronic trading by using trading platform as transaction. Read more »
One of my favorite system, i am a big fan of trendline. Nobody knows for sure where prices will move unless the Lord of course, traders simply do an analysis and estimate only the direction in which and extent to which prices will move from the standpoint of the trading system.
In the picture looks red trendline as a resistance line and the line of blue trendline as support. Trendline create a visible pattern of price movements, which can be a support trendline that will shore up falling prices that climbed back upwards as well as resistance which will be the upper bound. Of course trendline could break if the momentum of price movement is strong to find the next support or resistance. Read more »
One of the best resources on getting real data feed pricing which getting directly from the global market is only from fxfair charting. We can trades on currency, CFDs or metal with fxfair. This broker have a good reputation, honest on pricing data feed (directly from global market), no manipulation on their candlestick and no dealing desk, so because of this, so many professional traders using this data price from fxfair forex broker as their resources analysis on their trading strategies before they make trading decisions.
Regulation And Specification
FXFair LTD. Registered address: Cedar Hill Crest, Villa, Kingstown VC0100, Saint Vincent and the Grenadines, West Indies.
Registration Number: 21238 IBC 2013
FXFAIR Contact details :
- Customer Support: firstname.lastname@example.org
- Withdraw: email@example.com
- Technical Support: firstname.lastname@example.org
- Partnership: email@example.com
- Complaints: firstname.lastname@example.org
- PAMM: email@example.com
- White Label Partnerships: firstname.lastname@example.org
Ten Forex Trading Rules Before Made Trading Decisions That You Should Understand
Here our top forex trading rules that will give us high forex risk reward ratio :
|1. Map the Trends
2. Spot the Trend and Go With It
3. Find the Low and High of It
4. Know How Far to Backtrack
5. Draw the Line
6. Follow That Average
7. Learn the Turns
8. Know the Warning Signs
9. Trend or Not a Trend?
10. Know the Confirming Signs
If you read the statement that ‘Forex is easy’ should not believe and throw this thinking. The result of statistical survey states that 90% of beginner traders experienced loss. And only 10% are able to use forex for a living (trading for living). The easy is how to play, but difficult to win / profit. You have to dare to sacrifice time, even thought the money so that later you can really become an expert. You should test your abilities in a long time range, 1-2 year so really your trading method and tested and proven. Because of this i will share some foreign exchange trading tips so with this tips we can more wisely in using our money. Read more »