Margins and Leverages
In forex markets huge profits can be earned in a single week, maybe a single day or even in an hour. The forex market allows you to use one very special feature that is not as common in the stock market: leverage. The leverage of the forex market is not as simple as 1:2 leverage, but 1:100, and sometimes even 1:500. This means that for every dollar you have in your account, you can trade one hundred dollars and profit from those hundred dollars.
Leverage can prove to be helpful when your strategy is right and the trade is going in your favour. In view of the fact that the leverage makes the transaction volume a hundred times bigger, your profits are also a hundred times bigger. This means if the currency pair moves 1% in your favour, you made a profit of 100%, or your account is doubled. If the currency pair moved 3%, your multiplied the investment by four. With higher leverages, even a change of 0.5% can make your account four times.
Like every coin has two sides Leverage also has the other side. The last paragraph talked about the profits but there was a condition “if your strategy is right”. Now imagine if the strategy goes wrong (the chances are very fair) and the market turns against you. Just as your profits, your losses are also multiplied by the leverage. If a trade is going 0.2% against you, you are losing 20% and if the pair you are trading goes 1% against you, your entire investment is gone. If you invested all your money in that transaction, your broker will give you a margin call and you will need to fund your account again.
Many investors get attracted to brokers who use this great tool to lure traders and make huge profits. Leverage is a kind of loan, so the broker is earning interest on the money it lends you for leverage. Also, brokers use leverage to attract traders, but they hide the risks behind shiny presentation of profits. Honest brokers mention that leveraging your positions can bring big losses with them as well as huge profits. Handling leverage is very easy, and should be exercised by any trader. When opening a trade, make sure to select the proper amount of leverage. Most good trading systems automatically adjust the leverage for optimal results and minimal risks. This way you can enjoy both worlds - profit from leverage, but not be harmed too much from leveraging a losing trade. I trade with 1:100 leverage. To trade safely with leverage, get yourself an honest forex broker and a good forex trading system.
Here are 7 tips that I found on the internet to achieve success with forex trading: (very relevant)
1. Do not trade without stop loss point.
2. Do not focus too hard on achieving a certain target. Nobody knows which way the price is going.
3. Always use 3% of money management at most.
4. Try one strategy at a time and strict to that rule for at least 6 months. If you are really strict to the rule and the number of win is less than the number of loss, don’t use that strategy anymore.
5. Do not trade on news. It’s really unpredictable.
6. Do not quit after a few losses or a low profit margin.
7. Don’t trade when you are not in a good condition. Your physical, mental and emotional state will have a direct impact on your Forex trading result.
The last tip has a significant influence on forex trading leverage but is frequently overlooked and underestimated.
Saturday, June 19, 2010
Thursday, June 17, 2010
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Thursday, June 10, 2010
WE ARE GIVE U AMAZING NEWS OF THE DAY
EUR/USD
The Euro again found support close to 1.19 against the dollar on Tuesday and made an attempt at breaking back above resistance in the 1.20 area.
The German industrial data was again stronger than expected with a 0.9% monthly increase, but this failed to have a major impact as any positive impact had been reflected by the orders data on Monday. Buying support generally remained dependent on short covering and wider position adjustment with little evidence of significant support for the Euro.
Yield spreads on Euro-zone bonds failed to narrow significantly as underlying confidence in the Euro area remained extremely weak. Sovereign debt issues remained a key market focus while there were fears that weaker Euro members could be forced to withdraw from the Euro area. The evidence suggested that Euro policymakers remain uneasy over the pace of the Euro’s decline, but also that there are no significant concerns over the currency’s level. In this environment, there will be market expectations that the Euro will weaken further in the medium term.
Fed Chairman Bernanke made some generally positive comments on global economic trends which helped stabilise global risk appetite to some extent. There was a decline in the latest IDB consumer confidence data which may raise some doubts over future spending trends, but the impact was limited.
The Euro failed to push above the 1.20 level and weakened back to the 1.1940 area later in the US session as equities drifted lower.
Yen
The latest domestic banking-sector data recorded a 2.0% decline in lending in the year to May which will maintain expectations that Japan will need robust export growth to offset the impact of very weak domestic demand and credit. There will be further pressure to maintain a competitive yen and the government is likely to maintain its overall opposition to currency gains.
There was some stabilisation in risk conditions during Tuesday and the dollar edged higher to around 91.80, but was unable to break above the 92 resistance zone as caution prevailed.
Confidence surrounding the global economy remained generally fragile with equity markets unable to make significant headway and the dollar dipped to test lows before rebounding back to around 91.30 as there was still solid dollar buying support on dips.
Sterling
Sterling edged higher on Monday with an improved BRC retail sales report helping to stabilise confidence, but there was significant resistance above the 1.45 level against the US dollar.
In comments on Tuesday, ratings agency Fitch warned that the UK government faced formidable challenges over fiscal policy and that speedy cuts in spending levels were required to stabilise the deficit position. To some extent the report held no new information as the government itself has already warned that there needs to be greater than expected spending cuts. The remarks still triggered significant selling pressure on Sterling and there was a decline to important support levels close to 1.4350 before a rally back to above 1.44 later in New York.
The Euro strengthened back above 0.83 from 18-month lows seen on Monday. The UK currency will remain vulnerable to concerns over a possible credit-rating downgrade, although the potential negative impact will be offset by expectations that difficulties are even worse within the Euro-zone.
Uncertainty over the Bank of England’s monetary policy will maintain the potential for erratic Sterling moves ahead of Thursday’s MPC policy meeting.
Swiss franc
The dollar hit resistance close to 1.1640 against the franc on Tuesday and weakened sharply to test support levels below 1.15 before stabilising above this level. Cross-market moves remained an extremely important influence during the day.
Initially, the Euro weakened to test fresh record lows below 1.38 against the franc before rebounding strongly to near 1.39 in very volatile trading conditions. There was strong speculation that the National Bank had intervened to weaken the franc, although the bank, as usual, declined to comment on the speculation.
While sovereign debt fears remain important within the Euro-zone, there is unlikely to be strong selling pressure on the Swiss franc
Australian dollar
The Australian dollar found support below 0.81 against the dollar on Tuesday and secured firm gains during the day with a peak above the 0.8280 level. There was some evidence of bargain hunting during the session after a succession of heavy losses during the past few days.
Underlying risk appetite is likely to remain fragile in the short term and the Australian dollar will be vulnerable to renewed selling pressure if there is a sustained decline in commodity prices.
The Euro again found support close to 1.19 against the dollar on Tuesday and made an attempt at breaking back above resistance in the 1.20 area.
The German industrial data was again stronger than expected with a 0.9% monthly increase, but this failed to have a major impact as any positive impact had been reflected by the orders data on Monday. Buying support generally remained dependent on short covering and wider position adjustment with little evidence of significant support for the Euro.
Yield spreads on Euro-zone bonds failed to narrow significantly as underlying confidence in the Euro area remained extremely weak. Sovereign debt issues remained a key market focus while there were fears that weaker Euro members could be forced to withdraw from the Euro area. The evidence suggested that Euro policymakers remain uneasy over the pace of the Euro’s decline, but also that there are no significant concerns over the currency’s level. In this environment, there will be market expectations that the Euro will weaken further in the medium term.
Fed Chairman Bernanke made some generally positive comments on global economic trends which helped stabilise global risk appetite to some extent. There was a decline in the latest IDB consumer confidence data which may raise some doubts over future spending trends, but the impact was limited.
The Euro failed to push above the 1.20 level and weakened back to the 1.1940 area later in the US session as equities drifted lower.
Yen
The latest domestic banking-sector data recorded a 2.0% decline in lending in the year to May which will maintain expectations that Japan will need robust export growth to offset the impact of very weak domestic demand and credit. There will be further pressure to maintain a competitive yen and the government is likely to maintain its overall opposition to currency gains.
There was some stabilisation in risk conditions during Tuesday and the dollar edged higher to around 91.80, but was unable to break above the 92 resistance zone as caution prevailed.
Confidence surrounding the global economy remained generally fragile with equity markets unable to make significant headway and the dollar dipped to test lows before rebounding back to around 91.30 as there was still solid dollar buying support on dips.
Sterling
Sterling edged higher on Monday with an improved BRC retail sales report helping to stabilise confidence, but there was significant resistance above the 1.45 level against the US dollar.
In comments on Tuesday, ratings agency Fitch warned that the UK government faced formidable challenges over fiscal policy and that speedy cuts in spending levels were required to stabilise the deficit position. To some extent the report held no new information as the government itself has already warned that there needs to be greater than expected spending cuts. The remarks still triggered significant selling pressure on Sterling and there was a decline to important support levels close to 1.4350 before a rally back to above 1.44 later in New York.
The Euro strengthened back above 0.83 from 18-month lows seen on Monday. The UK currency will remain vulnerable to concerns over a possible credit-rating downgrade, although the potential negative impact will be offset by expectations that difficulties are even worse within the Euro-zone.
Uncertainty over the Bank of England’s monetary policy will maintain the potential for erratic Sterling moves ahead of Thursday’s MPC policy meeting.
Swiss franc
The dollar hit resistance close to 1.1640 against the franc on Tuesday and weakened sharply to test support levels below 1.15 before stabilising above this level. Cross-market moves remained an extremely important influence during the day.
Initially, the Euro weakened to test fresh record lows below 1.38 against the franc before rebounding strongly to near 1.39 in very volatile trading conditions. There was strong speculation that the National Bank had intervened to weaken the franc, although the bank, as usual, declined to comment on the speculation.
While sovereign debt fears remain important within the Euro-zone, there is unlikely to be strong selling pressure on the Swiss franc
Australian dollar
The Australian dollar found support below 0.81 against the dollar on Tuesday and secured firm gains during the day with a peak above the 0.8280 level. There was some evidence of bargain hunting during the session after a succession of heavy losses during the past few days.
Underlying risk appetite is likely to remain fragile in the short term and the Australian dollar will be vulnerable to renewed selling pressure if there is a sustained decline in commodity prices.
WE ARE GIVING U AMAZING OPPORTUNITY OF GETING 10%OF UR MONEY EVERY MONTH
Hello to all lovers of forex want to welcome everyone in this new project called www.getur10moneymouthlyonforex.blogspot.com forex portal with global reach.We are offering perks for those who register on the site.They will have 24 hours online news and the most varied choice of brokers to get started today to negotiate the different pairs.Was officially given the word to improve day by day, to obtain the maximum benefit from it.
Hello to all lovers of forex want to welcome everyone in this new project called www.getur10moneymouthlyonforex.blogspot.com forex portal with global reach.We are offering perks for those who register on the site.They will have 24 hours online news and the most varied choice of brokers to get started today to negotiate the different pairs.Was officially given the word to improve day by day, to obtain the maximum benefit from it.
Wednesday, June 9, 2010
Forex FAQ
Forex FAQ
The answers to the most popular questions about Forex market are presented in this FAQ:
* What is Forex?
* How can I start trading Forex?
* Who owns Forex and where is it located?
* What are the working hours of Forex market?
* What is margin?
* What are the "long" and "short" positions?
* What is the best Forex trading strategy?
* How much money do I need to start trading Forex?
* I can't (or don't want to) install any Forex trading software on my computer. Can I still trade Forex?
* I've downloaded the expert advisor for MetaTrader platform but I don't know how to install it. What should I do?
* I've downloaded a custom indicator for MetaTrader platform but I don't know how to install it. What should I do?
* Can I lose more than I invest in Forex?
* Your question was not answered here?
What is Forex?
You can read the detailed answer in the separate section of the site — "What is Forex?".
How can I start trading Forex?
You'll need to register a trading account with a Forex broker, such as Marketiva. Then you can begin using their Forex client program to buy and sell currencies. This will take less than 5 minutes of your time!
Who owns Forex and where is it located?
It's not owned by anyone in particular. Forex is an Interbank market, meaning that its transactions are conducted only between two participants - seller and the buyer. So as long as the current banking system will exist, Forex will be here. It's not connected to any specific country or government organization.
What are the working hours of Forex market?
Forex market is open from 22:00 GMT Sunday (opening of Australia trading session) till 22:00 GMT Friday (closing of USA trading session).
What is margin?
Margin is money you need to have in your broker account to secure your open position. Different brokers require different amount of margin money to keep your positions open.
What are the "long" and "short" positions?
Long position is a "buy" position, meaning that this position will be in profit if price goes up. Short position is a "sell" position, meaning that this position will be in profit if price goes down.
What is the best Forex trading strategy?
There is none. You should constantly develop your own strategies for every possible market situation, if you want to be in profit. Specific strategies can only be good for a certain period of time and for certain currency pairs.
How much money do I need to start trading Forex?
With some Forex brokers you can start trading Forex with as little as $1. Usually, the minimum amount varies from $100 to $10,000 ($100,000 and more for Interbank trading).
I can't (or don't want to) install any Forex trading software on my computer. Can I still trade Forex?
If you don't want (or it is not possible) to install new software to start trading Forex then a good option for you would be using web based trading platform. You can browse our Forex brokers list to find those which support such platform. Here is a short list of those brokers which have web based trading options:
* eToro
* Aurora Global Markets
* Easy Forex
* Forex Capital Trading
* Oanda
* Interactive Brokers
I've downloaded the expert advisor for MetaTrader platform but I don't know how to install it. What should I do?
You can read the MetaTrader Expert Advisors User's Tutorial to find out how to intstall those expert advisors.
I've downloaded a custom indicator for MetaTrader platform but I don't know how to install it. What should I do?
You can read the MetaTrader Indicators User's Tutorial to find out how to intstall those indicators.
Can I lose more than I invest in Forex?
No. The broker won't allow you to lose more than the available funds on your trading account. It will simply close your losing position when the resulting account balance becomes too close to zero. The loss that is bigger than the trader's deposit is a direct loss of the Forex broker. It's in the brokers' interest to prevent such losses. To secure themselves brokers implement a Stop-Out level (usually about 20%), which means that the most losing position will be closed once (free margin / used margin) * 100% becomes equal or less than this level.
Your question was not answered here?
You can try to find an answer on the Forex forum or you can contact me if the question isn't answered anywhere.
The answers to the most popular questions about Forex market are presented in this FAQ:
* What is Forex?
* How can I start trading Forex?
* Who owns Forex and where is it located?
* What are the working hours of Forex market?
* What is margin?
* What are the "long" and "short" positions?
* What is the best Forex trading strategy?
* How much money do I need to start trading Forex?
* I can't (or don't want to) install any Forex trading software on my computer. Can I still trade Forex?
* I've downloaded the expert advisor for MetaTrader platform but I don't know how to install it. What should I do?
* I've downloaded a custom indicator for MetaTrader platform but I don't know how to install it. What should I do?
* Can I lose more than I invest in Forex?
* Your question was not answered here?
What is Forex?
You can read the detailed answer in the separate section of the site — "What is Forex?".
How can I start trading Forex?
You'll need to register a trading account with a Forex broker, such as Marketiva. Then you can begin using their Forex client program to buy and sell currencies. This will take less than 5 minutes of your time!
Who owns Forex and where is it located?
It's not owned by anyone in particular. Forex is an Interbank market, meaning that its transactions are conducted only between two participants - seller and the buyer. So as long as the current banking system will exist, Forex will be here. It's not connected to any specific country or government organization.
What are the working hours of Forex market?
Forex market is open from 22:00 GMT Sunday (opening of Australia trading session) till 22:00 GMT Friday (closing of USA trading session).
What is margin?
Margin is money you need to have in your broker account to secure your open position. Different brokers require different amount of margin money to keep your positions open.
What are the "long" and "short" positions?
Long position is a "buy" position, meaning that this position will be in profit if price goes up. Short position is a "sell" position, meaning that this position will be in profit if price goes down.
What is the best Forex trading strategy?
There is none. You should constantly develop your own strategies for every possible market situation, if you want to be in profit. Specific strategies can only be good for a certain period of time and for certain currency pairs.
How much money do I need to start trading Forex?
With some Forex brokers you can start trading Forex with as little as $1. Usually, the minimum amount varies from $100 to $10,000 ($100,000 and more for Interbank trading).
I can't (or don't want to) install any Forex trading software on my computer. Can I still trade Forex?
If you don't want (or it is not possible) to install new software to start trading Forex then a good option for you would be using web based trading platform. You can browse our Forex brokers list to find those which support such platform. Here is a short list of those brokers which have web based trading options:
* eToro
* Aurora Global Markets
* Easy Forex
* Forex Capital Trading
* Oanda
* Interactive Brokers
I've downloaded the expert advisor for MetaTrader platform but I don't know how to install it. What should I do?
You can read the MetaTrader Expert Advisors User's Tutorial to find out how to intstall those expert advisors.
I've downloaded a custom indicator for MetaTrader platform but I don't know how to install it. What should I do?
You can read the MetaTrader Indicators User's Tutorial to find out how to intstall those indicators.
Can I lose more than I invest in Forex?
No. The broker won't allow you to lose more than the available funds on your trading account. It will simply close your losing position when the resulting account balance becomes too close to zero. The loss that is bigger than the trader's deposit is a direct loss of the Forex broker. It's in the brokers' interest to prevent such losses. To secure themselves brokers implement a Stop-Out level (usually about 20%), which means that the most losing position will be closed once (free margin / used margin) * 100% becomes equal or less than this level.
Your question was not answered here?
You can try to find an answer on the Forex forum or you can contact me if the question isn't answered anywhere.
Forex Advertising
Forex Advertising
EarnForex.com receives only high quality and extremely targeted traffic which comes mainly from search engines, online directories and Forex related forums. Visitors are highly interested in everything about Forex and financial trading. Constantly updated content keeps a large part of our readers revisiting EarnForex.com on a daily basis.
The advertising rates are quite moderate, making your Forex advertisements an effective marketing tool. Buying Forex ads (banners or text link) will bring you only high quality targeted visitors.
The following types of Forex advertisements are currently available (all placements are site-wide unless stated otherwise):
Site except Blog part and Russian language part
Ad Placement Plan for English Part
Banner advertisement rates:
1. Top banner position, 468x60 (just below the title image) — $1799/month or $500/week. Unavailable.
2. Bottom banner position, 468x60 (just above the risk disclaimer) — $999/month or $250/week. Unavailable.
3. Menu banner position, 120x60 (under the site menu) — $499/month or $170/week. Unavailable.
Text link advertisement rates:
4. Bottom text link position (just above the risk disclaimer) — $199/month or $60/week. Available.
5. Menu text link position (under the site menu) — $175/month or $50/week. Available.
6. Featured Forex broker listing — from $600/month. Featured brokers appear at preset positions (in the default view) and are also highlighted for more visitors' attention. Featured brokers appear so in all relevant broker categories. Available.
7. Featured text link listing on the "Forex Resources" page — $300/year. Featured link is showing in a bold style and appears above all non-featured links. Available.
Blog part
Ad Placement Plan for Blog Part
Banner advertisement rates:
1. Top banner position, 468x60 (just below the title) — $720/month or $200/week. Available.
2. Bottom banner position, 468x60 (just below all posts) — $460/month or $150/week. Unavailable.
3. Menu banner position, 120x60 (just below the text links) — $260/month or $80/week. Available.
Text link advertisement rates:
4. Menu text link position (just below the main menu) — $150/month or $45/week. Available.
Russian language part
Ad Placement Plan for Russian Part
Banner advertisement rates:
1. Top banner position, 468x60 (just below the title image) — $459/month or $150/week. Unavailable.
2. Bottom banner position, 468x60 position (just above the risk disclaimer) — $320/month or $100/week. Unavailable.
3. Menu banner position, 120x60 (under the site menu) — $150/month or $45/week. Available.
Text link advertisement rates:
4. Bottom text link position (just above the risk disclaimer) — $75/month or $25/week. Available.
5. Menu text link position (under the site menu) — $75/month or $25/week. Available.
6. Featured text link listing on the "Forex ресурсы" page — $125/year. Featured link is showing in a bold style and appears above all non-featured links. Available.
Additional information
Discount for 12-month orders — 10%.
Other banner positions and their rates can be negotiated.
Available methods of paying for the Forex advertising:
* Wire transfer
* Moneybookers
If you want to buy Forex advertising on this site, please, contact us.
All advertisement prices can be changed without any notice.
All ad placements are provided AS IS and no results are guaranteed. If you aren't satisfied with the results, the payment WON'T be refunded under any circumstances. Though, we'll try to make your ad experience as effective as possible
EarnForex.com receives only high quality and extremely targeted traffic which comes mainly from search engines, online directories and Forex related forums. Visitors are highly interested in everything about Forex and financial trading. Constantly updated content keeps a large part of our readers revisiting EarnForex.com on a daily basis.
The advertising rates are quite moderate, making your Forex advertisements an effective marketing tool. Buying Forex ads (banners or text link) will bring you only high quality targeted visitors.
The following types of Forex advertisements are currently available (all placements are site-wide unless stated otherwise):
Site except Blog part and Russian language part
Ad Placement Plan for English Part
Banner advertisement rates:
1. Top banner position, 468x60 (just below the title image) — $1799/month or $500/week. Unavailable.
2. Bottom banner position, 468x60 (just above the risk disclaimer) — $999/month or $250/week. Unavailable.
3. Menu banner position, 120x60 (under the site menu) — $499/month or $170/week. Unavailable.
Text link advertisement rates:
4. Bottom text link position (just above the risk disclaimer) — $199/month or $60/week. Available.
5. Menu text link position (under the site menu) — $175/month or $50/week. Available.
6. Featured Forex broker listing — from $600/month. Featured brokers appear at preset positions (in the default view) and are also highlighted for more visitors' attention. Featured brokers appear so in all relevant broker categories. Available.
7. Featured text link listing on the "Forex Resources" page — $300/year. Featured link is showing in a bold style and appears above all non-featured links. Available.
Blog part
Ad Placement Plan for Blog Part
Banner advertisement rates:
1. Top banner position, 468x60 (just below the title) — $720/month or $200/week. Available.
2. Bottom banner position, 468x60 (just below all posts) — $460/month or $150/week. Unavailable.
3. Menu banner position, 120x60 (just below the text links) — $260/month or $80/week. Available.
Text link advertisement rates:
4. Menu text link position (just below the main menu) — $150/month or $45/week. Available.
Russian language part
Ad Placement Plan for Russian Part
Banner advertisement rates:
1. Top banner position, 468x60 (just below the title image) — $459/month or $150/week. Unavailable.
2. Bottom banner position, 468x60 position (just above the risk disclaimer) — $320/month or $100/week. Unavailable.
3. Menu banner position, 120x60 (under the site menu) — $150/month or $45/week. Available.
Text link advertisement rates:
4. Bottom text link position (just above the risk disclaimer) — $75/month or $25/week. Available.
5. Menu text link position (under the site menu) — $75/month or $25/week. Available.
6. Featured text link listing on the "Forex ресурсы" page — $125/year. Featured link is showing in a bold style and appears above all non-featured links. Available.
Additional information
Discount for 12-month orders — 10%.
Other banner positions and their rates can be negotiated.
Available methods of paying for the Forex advertising:
* Wire transfer
* Moneybookers
If you want to buy Forex advertising on this site, please, contact us.
All advertisement prices can be changed without any notice.
All ad placements are provided AS IS and no results are guaranteed. If you aren't satisfied with the results, the payment WON'T be refunded under any circumstances. Though, we'll try to make your ad experience as effective as possible
Forex Strategies
Forex Strategies
Forex trading can't be consistently profitable without adhering to some Forex strategy. It takes time and effort to build your own Forex trading strategy or to adapt an existing one to your trading needs and style. It's important to choose a strategy or system that is easy to follow with your daily trading schedule and that can be applied successfully with your account balance size. In this Forex strategy repository you'll find various strategies that are divided into three major categories:
* Indicator Forex Strategies
* Price Action Forex Strategies
* Fundamental Forex Strategies
Indicator Forex Strategies are such trading strategies that are based on the standard Forex chart indicators and can be used by anyone who has an access to some charting software (e.g. MetaTrader platform). These Forex strategies are recommended to traders that prefer technical analysis indicators over everything else:
Moving Average Cross Strategy
Parabolic SAR Strategy
Stochastic Oscillator Strategy
MACD Divergnce Forex Strategy
Combined Stochastic Oscillator/MA Strategy
Price Action Forex Strategies are the trading strategies that don't use any chart or fundamental indicators but instead are based purely on the price action. These strategies will fit both short-term and long-term traders that don't like the delay of the standard indicators and prefer to listen as the market is speaking. Various candlestick patterns, waves, tick-based strategies, grid and pending position systems — they all fall into this category:
Inside Bar Strategy
Simple Price Based Trading System
Martingale Trading System
Scalping Forex Strategy
Support and Resistance Strategy
Fundamental Forex Strategies are the based on purely fundamental factors that stand behind the bought and sold currencies. Various fundamental indicators, such as interest rates and macroeconomic statistics, affect the behavior of the Forex market. These strategies are quite popular and will benefit long-term traders that prefer fundamental data analysis over technical factors:
Important News Trading Strategy
Carry Trade Strategy
Wednesday AUD/JPY Strategy
Forex Gap Strategy
If you want to share your Forex trading strategy with other traders, or want to ask some questions regarding the strategies presented here, please, join a discussion of the Forex strategies at the forum.
Forex trading can't be consistently profitable without adhering to some Forex strategy. It takes time and effort to build your own Forex trading strategy or to adapt an existing one to your trading needs and style. It's important to choose a strategy or system that is easy to follow with your daily trading schedule and that can be applied successfully with your account balance size. In this Forex strategy repository you'll find various strategies that are divided into three major categories:
* Indicator Forex Strategies
* Price Action Forex Strategies
* Fundamental Forex Strategies
Indicator Forex Strategies are such trading strategies that are based on the standard Forex chart indicators and can be used by anyone who has an access to some charting software (e.g. MetaTrader platform). These Forex strategies are recommended to traders that prefer technical analysis indicators over everything else:
Moving Average Cross Strategy
Parabolic SAR Strategy
Stochastic Oscillator Strategy
MACD Divergnce Forex Strategy
Combined Stochastic Oscillator/MA Strategy
Price Action Forex Strategies are the trading strategies that don't use any chart or fundamental indicators but instead are based purely on the price action. These strategies will fit both short-term and long-term traders that don't like the delay of the standard indicators and prefer to listen as the market is speaking. Various candlestick patterns, waves, tick-based strategies, grid and pending position systems — they all fall into this category:
Inside Bar Strategy
Simple Price Based Trading System
Martingale Trading System
Scalping Forex Strategy
Support and Resistance Strategy
Fundamental Forex Strategies are the based on purely fundamental factors that stand behind the bought and sold currencies. Various fundamental indicators, such as interest rates and macroeconomic statistics, affect the behavior of the Forex market. These strategies are quite popular and will benefit long-term traders that prefer fundamental data analysis over technical factors:
Important News Trading Strategy
Carry Trade Strategy
Wednesday AUD/JPY Strategy
Forex Gap Strategy
If you want to share your Forex trading strategy with other traders, or want to ask some questions regarding the strategies presented here, please, join a discussion of the Forex strategies at the forum.
Liberty Reserve Forex Brokers
Liberty Reserve Forex Brokers
This list of Forex brokers includes only those on-line companies that accept Liberty Reserve as one of the available payment methods. Liberty Reserve Forex brokers provide their traders with an easy-to-use, fast and private way to deposit funds into a trading account as well as to withdraw the profit back from it. Liberty Reserve is popular among many non-U.S. Forex traders and is very secure.
Sort by: Order | Minimum Account | Traders' Rating | Name
Forex Broker Name Min. Account Size MT4 WebMoney CFD Browser-based
Platform Registered
with any Regulator Easy On-line
Account Opening Rating
InstaForex $1 + + + - + + 4.9
EXNESS $100 + + + - + + 5.8
FXOpen $1 + + - - + + 6.8
Forex4you $1 + + + - - + 4.8
LiteForex $1 + + + - - + 4.9
MasterForex $1 + + + - - + 6.4
ForexHunt $1 + + + - + + 5.6
FXcast $10 + + - - + + 4.8
E-Global $20 + - + - + + 4.9
Marketiva $1 - + - - + + 5.4
FxCompany $100 + + + - + + 3.7
IFC Markets $1 - + - - + + 5.7
Forex-Metal $1 + + + - + + 3.4
FXD24 $250 + + - - - + 3.4
BroCo $100 + + + - + - 5.3
1pipfix $100 + + + - - + 6.1
Forex Place $100 + - + - - + 5.1
AC Trading $5 + + + - - + 3.3
2pipfixed $100 + + + - - + 6.1
FBS $5 + + + - + + 5.3
Forex Broker Name Min. Account Size MT4 WebMoney CFD Browser-based
Platform Registered
with any Regulator Easy On-line
Account Opening Rating
BTrader $25 + - - + - + 2.8
Finexo $100 + - - + + + 5.8
Forex WebTrader $25 - - - + - + 3.4
Prime4x $100 + - + - - + 4.6
This list of Forex brokers includes only those on-line companies that accept Liberty Reserve as one of the available payment methods. Liberty Reserve Forex brokers provide their traders with an easy-to-use, fast and private way to deposit funds into a trading account as well as to withdraw the profit back from it. Liberty Reserve is popular among many non-U.S. Forex traders and is very secure.
Sort by: Order | Minimum Account | Traders' Rating | Name
Forex Broker Name Min. Account Size MT4 WebMoney CFD Browser-based
Platform Registered
with any Regulator Easy On-line
Account Opening Rating
InstaForex $1 + + + - + + 4.9
EXNESS $100 + + + - + + 5.8
FXOpen $1 + + - - + + 6.8
Forex4you $1 + + + - - + 4.8
LiteForex $1 + + + - - + 4.9
MasterForex $1 + + + - - + 6.4
ForexHunt $1 + + + - + + 5.6
FXcast $10 + + - - + + 4.8
E-Global $20 + - + - + + 4.9
Marketiva $1 - + - - + + 5.4
FxCompany $100 + + + - + + 3.7
IFC Markets $1 - + - - + + 5.7
Forex-Metal $1 + + + - + + 3.4
FXD24 $250 + + - - - + 3.4
BroCo $100 + + + - + - 5.3
1pipfix $100 + + + - - + 6.1
Forex Place $100 + - + - - + 5.1
AC Trading $5 + + + - - + 3.3
2pipfixed $100 + + + - - + 6.1
FBS $5 + + + - + + 5.3
Forex Broker Name Min. Account Size MT4 WebMoney CFD Browser-based
Platform Registered
with any Regulator Easy On-line
Account Opening Rating
BTrader $25 + - - + - + 2.8
Finexo $100 + - - + + + 5.8
Forex WebTrader $25 - - - + - + 3.4
Prime4x $100 + - + - - + 4.6
What is Forex?
What is Forex?
FOREX - the foreign exchange market or currency market or Forex is the market where one currency is traded for another. It is one of the largest markets in the world.
Some of the participants in this market are simply seeking to exchange a foreign currency for their own, like multinational corporations which must pay wages and other expenses in different nations than they sell products in. However, a large part of the market is made up of currency traders, who speculate on movements in exchange rates, much like others would speculate on movements of stock prices. Currency traders try to take advantage of even small fluctuations in exchange rates.
In the foreign exchange market there is little or no 'inside information'. Exchange rate fluctuations are usually caused by actual monetary flows as well as anticipations on global macroeconomic conditions. Significant news is released publicly so, at least in theory, everyone in the world receives the same news at the same time.
Currencies are traded against one another. Each pair of currencies thus constitutes an individual product and is traditionally noted XXX/YYY, where YYY is the ISO 4217 international three-letter code of the currency into which the price of one unit of XXX currency is expressed. For instance, EUR/USD is the price of the euro expressed in US dollars, as in 1 euro = 1.2045 dollar.
Unlike stocks and futures exchange, foreign exchange is indeed an interbank, over-the-counter (OTC) market which means there is no single universal exchange for specific currency pair. The foreign exchange market operates 24 hours per day throughout the week between individuals with Forex brokers, brokers with banks, and banks with banks. If the European session is ended the Asian session or US session will start, so all world currencies can be continually in trade. Traders can react to news when it breaks, rather than waiting for the market to open, as is the case with most other markets.
Average daily international foreign exchange trading volume was $1.9 trillion in April 2004 according to the BIS study.
Like any market there is a bid/offer spread (difference between buying price and selling price). On major currency crosses, the difference between the price at which a market maker will sell ("ask", or "offer") to a wholesale customer and the price at which the same market-maker will buy ("bid") from the same wholesale customer is minimal, usually only 1 or 2 pips. In the EUR/USD price of 1.4238 a pip would be the '8' at the end. So the bid/ask quote of EUR/USD might be 1.4238/1.4239.
This, of course, does not apply to retail customers. Most individual currency speculators will trade using a broker which will typically have a spread marked up to say 3-20 pips (so in our example 1.4237/1.4239 or 1.423/1.425). The broker will give their clients often huge amounts of margin, thereby facilitating clients spending more money on the bid/ask spread. The brokers are not regulated by the U.S. Securities and Exchange Commission (since they do not sell securities), so they are not bound by the same margin limits as stock brokerages. They do not typically charge margin interest, however since currency trades must be settled in 2 days, they will "resettle" open positions (again collecting the bid/ask spread).
Individual currency speculators can work during the day and trade in the evenings, taking advantage of the market's 24 hours long trading day.
If you want to know more about how to start trading in Forex, please, proceed to our Forex for dummies article.
FOREX - the foreign exchange market or currency market or Forex is the market where one currency is traded for another. It is one of the largest markets in the world.
Some of the participants in this market are simply seeking to exchange a foreign currency for their own, like multinational corporations which must pay wages and other expenses in different nations than they sell products in. However, a large part of the market is made up of currency traders, who speculate on movements in exchange rates, much like others would speculate on movements of stock prices. Currency traders try to take advantage of even small fluctuations in exchange rates.
In the foreign exchange market there is little or no 'inside information'. Exchange rate fluctuations are usually caused by actual monetary flows as well as anticipations on global macroeconomic conditions. Significant news is released publicly so, at least in theory, everyone in the world receives the same news at the same time.
Currencies are traded against one another. Each pair of currencies thus constitutes an individual product and is traditionally noted XXX/YYY, where YYY is the ISO 4217 international three-letter code of the currency into which the price of one unit of XXX currency is expressed. For instance, EUR/USD is the price of the euro expressed in US dollars, as in 1 euro = 1.2045 dollar.
Unlike stocks and futures exchange, foreign exchange is indeed an interbank, over-the-counter (OTC) market which means there is no single universal exchange for specific currency pair. The foreign exchange market operates 24 hours per day throughout the week between individuals with Forex brokers, brokers with banks, and banks with banks. If the European session is ended the Asian session or US session will start, so all world currencies can be continually in trade. Traders can react to news when it breaks, rather than waiting for the market to open, as is the case with most other markets.
Average daily international foreign exchange trading volume was $1.9 trillion in April 2004 according to the BIS study.
Like any market there is a bid/offer spread (difference between buying price and selling price). On major currency crosses, the difference between the price at which a market maker will sell ("ask", or "offer") to a wholesale customer and the price at which the same market-maker will buy ("bid") from the same wholesale customer is minimal, usually only 1 or 2 pips. In the EUR/USD price of 1.4238 a pip would be the '8' at the end. So the bid/ask quote of EUR/USD might be 1.4238/1.4239.
This, of course, does not apply to retail customers. Most individual currency speculators will trade using a broker which will typically have a spread marked up to say 3-20 pips (so in our example 1.4237/1.4239 or 1.423/1.425). The broker will give their clients often huge amounts of margin, thereby facilitating clients spending more money on the bid/ask spread. The brokers are not regulated by the U.S. Securities and Exchange Commission (since they do not sell securities), so they are not bound by the same margin limits as stock brokerages. They do not typically charge margin interest, however since currency trades must be settled in 2 days, they will "resettle" open positions (again collecting the bid/ask spread).
Individual currency speculators can work during the day and trade in the evenings, taking advantage of the market's 24 hours long trading day.
If you want to know more about how to start trading in Forex, please, proceed to our Forex for dummies article.
Forex Books for Beginners
Forex Books for Beginners
Here you will find the Forex e-books that provide the basic information on Forex trading. You can learn basic concepts of the Forex market, the technical and fundamental analysis. While all these e-books are recommended for every new Forex trader, they won't be very useful to the very experienced traders.
Almost all Forex e-books are in .pdf format. You'll need Adobe Acrobat Reader to open these e-books. Some of the e-books (those that are in parts) are zipped.
If you are the copyright owner of any of these e-books and don't want me to share them, please, contact me and I will gladly remove them.
Candlesticks For Support And Resistance — The basics of trading with candlesticks charts by John H. Forman.
Online Trading Courses — Course #1 lesson #1 by Jake Bernstein.
Commodity Futures Trading for Beginners — by Bruce Babcock.
Hidden Divergence — by Barbara Star, Ph.D.
Peaks and Troughs — by Martin J. Pring.
Reverse Divergences And Momentum — by Martin J. Pring.
Strategy:10 — Low-risk, high-return forex trading by W. R. Booker & Co.
The NYSE Tick Index And Candlesticks — by Tim Ord.
Trend Determination — A quick, accurate and effective methodology by John Hayden.
The Original Turtle Trading Rules — by OrignalTurtles.org.
Introduction to Forex — by 1st Forex Trading Academy. This trading course intends to provide to all of the students analytical tools on the trading system and methodologies. In this respect, the purpose of the course is to provide an overview of the many strategies that are being used in Forex market and to discuss the steps and tools that are needed in order to use these strategies successfully.
The Six Forces of Forex — by Scott Owens. A small e-book covering the basic and the main problems of Forex trading.
Study Book for Successful Foreign Exchange Dealing — by Royal Forex.
Forex. On-Line Manual for Successful Trading — an introduction into every aspect of the Forex trading including detailed descriptions of the technical and fundamental analysis techniques, by unknown author.
18 Trading Champions Share Their Keys to Top Trading Profits — as the name suggests, the book shares the secrets of the 18 prominent traders with the Forex beginners, by FWN.
The Way to Trade Forex — a 1st chapter of the book that will show you not only Forex basics but also some unusual techniques and strategies that can work for the newbie traders, by Jay Lakhani.
The Truth About Fibonacci Trading — the basic facts and information about Fibonacci levels and their application to the Forex trading, by Bill Poulos.
Quick Guide to Forex Trading — a 2008 edition of the Forex guide for the beginners and private traders issued by Easy-Forex.
Chart Patterns and Technical Indicators — an explanation of the most popular chart patterns and some technical indicators, by unknown author.
Here you will find the Forex e-books that provide the basic information on Forex trading. You can learn basic concepts of the Forex market, the technical and fundamental analysis. While all these e-books are recommended for every new Forex trader, they won't be very useful to the very experienced traders.
Almost all Forex e-books are in .pdf format. You'll need Adobe Acrobat Reader to open these e-books. Some of the e-books (those that are in parts) are zipped.
If you are the copyright owner of any of these e-books and don't want me to share them, please, contact me and I will gladly remove them.
Candlesticks For Support And Resistance — The basics of trading with candlesticks charts by John H. Forman.
Online Trading Courses — Course #1 lesson #1 by Jake Bernstein.
Commodity Futures Trading for Beginners — by Bruce Babcock.
Hidden Divergence — by Barbara Star, Ph.D.
Peaks and Troughs — by Martin J. Pring.
Reverse Divergences And Momentum — by Martin J. Pring.
Strategy:10 — Low-risk, high-return forex trading by W. R. Booker & Co.
The NYSE Tick Index And Candlesticks — by Tim Ord.
Trend Determination — A quick, accurate and effective methodology by John Hayden.
The Original Turtle Trading Rules — by OrignalTurtles.org.
Introduction to Forex — by 1st Forex Trading Academy. This trading course intends to provide to all of the students analytical tools on the trading system and methodologies. In this respect, the purpose of the course is to provide an overview of the many strategies that are being used in Forex market and to discuss the steps and tools that are needed in order to use these strategies successfully.
The Six Forces of Forex — by Scott Owens. A small e-book covering the basic and the main problems of Forex trading.
Study Book for Successful Foreign Exchange Dealing — by Royal Forex.
Forex. On-Line Manual for Successful Trading — an introduction into every aspect of the Forex trading including detailed descriptions of the technical and fundamental analysis techniques, by unknown author.
18 Trading Champions Share Their Keys to Top Trading Profits — as the name suggests, the book shares the secrets of the 18 prominent traders with the Forex beginners, by FWN.
The Way to Trade Forex — a 1st chapter of the book that will show you not only Forex basics but also some unusual techniques and strategies that can work for the newbie traders, by Jay Lakhani.
The Truth About Fibonacci Trading — the basic facts and information about Fibonacci levels and their application to the Forex trading, by Bill Poulos.
Quick Guide to Forex Trading — a 2008 edition of the Forex guide for the beginners and private traders issued by Easy-Forex.
Chart Patterns and Technical Indicators — an explanation of the most popular chart patterns and some technical indicators, by unknown author.
WE ARE GIVE U AMAZING OPPORTUNITY OF GETING 10%OF UR MONEY EVERY MONTH
Forex Trading Information
FOREX — the foreign exchange (currency or forex, or FX) market is the biggest and the most liquid financial market with the daily volume of more than $3.2 trillion. Trading on this market involves buying and selling world currencies taking the profit from the exchange rates difference. Forex trading can yield high profits, but it is also very risky. Everyone can participate in Forex trading via the Forex brokers.
Don’t forget to check and bookmark my Forex blog to get the latest updates about Forex market and this site’s content. You can also join a friendly Forex traders community at the
FOREX — the foreign exchange (currency or forex, or FX) market is the biggest and the most liquid financial market with the daily volume of more than $3.2 trillion. Trading on this market involves buying and selling world currencies taking the profit from the exchange rates difference. Forex trading can yield high profits, but it is also very risky. Everyone can participate in Forex trading via the Forex brokers.
Don’t forget to check and bookmark my Forex blog to get the latest updates about Forex market and this site’s content. You can also join a friendly Forex traders community at the
WELL ARE GIVE U AMAZING OPPORTUNITY OF GETING 10%OF UR MONEY EVERY MONTH
WELL ARE GIVE U AMAZING OPPORTUNITY OF GETING 10%OF UR MONEY EVERY MONTH
We are offering you an amazing opportunity to partake in our vision for the future at JBA Trust Limited, a fast growing forex trading/consultancy organization .We are guarantee you a 10% return of the amount invested every month!!.,also available are training and services provided at incredible prices!!. for more details see company profile and registration procedure attached. Call pastor Julius for more information +2347030632185 or mail us at = itunuola2009@yahoo.com or jadeoyo@hotmail.com
We are offering you an amazing opportunity to partake in our vision for the future at JBA Trust Limited, a fast growing forex trading/consultancy organization .We are guarantee you a 10% return of the amount invested every month!!.,also available are training and services provided at incredible prices!!. for more details see company profile and registration procedure attached. Call pastor Julius for more information +2347030632185 or mail us at = itunuola2009@yahoo.com or jadeoyo@hotmail.com
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