lundi 27 décembre 2010

My experience with trade-forex

Foolishly, I thought a few months ago, it is absolutely impossible for me to finish in the top 20, the yield to 500% I need!

I saw that my only chance was a lever-Max for gold, when money allows.

I'll show you one thing: Last April, I made 759% in just two weeks of negotiations, then how? I calculated how much I had to have a day to get 500% within three weeks of negotiations. Surprise! This percentage does not exceed 10%, and voila, 500% is achieved with the 19-th day.

So I falait 10% every day.

I chose to trade the yen / USD, I was trading on the lever 75, and especially to prevent the lever 100.

My goal was 23 points for the day, on average, 16 days after I stopped on my shot.

RETN lesson: It is not difficult to get into the top 20.

Good day!

dimanche 21 novembre 2010

Begin Forex

Start Forex - Forex, Forex Trader, Finance

Pip:

A pip is the smallest possible variation on a motto. On the eur / usd, the lowest variation is 0.0001. Indeed, if the EUR / USD moves from 1.2850 to 1.2851, there is a change of 1 pip on the rise. If the GBP / USD moves from 1.9000 to 1.8999, there is a change of 1 pip down. If the USD / CHF 1.2235 to 1.2335 from happening, there is a change of 100 pips.

A pip is slightly different on the usd / jpy, it is 0.01 pip.

When you make a trade on Forex, you have a purchase price (ask) different from the selling price (bid). The difference between purchase price and the selling price is called the spread, it is usually the only remuneration the broker or the price maker. Indeed, the Forex, there is no generally not care expenses, commissions.



Spread:

It's the difference between purchase price and the selling price on an exchange rate. If the price of the EUR / USD is 1.2850 - 1.2853, the purchase price is 1.2853 and the selling price is 1.2850. As a result when you perform a transaction on the forex, it is directly losing 3 pips (more or less depending on your broker).

If you buy the euro at 1.2853 dollars (loser because you are directly selling price is 1.2850) and that the price rises to 1.2863 - 1.2866, 10 pips, you win because you bought at 1.2853 and cut your position with the sale price to 1.2863.



Novice Forex - Forex, Forex Trader, Finance

Sales at 1.2863 (1.2863 Bid - Ask 1.2866)

Buy at 1.2853 (1.2850 Bid - Ask 1.2853)

It is possible to complete a transaction in reverse order starting with selling and cutting its position with a purchase.

If you sell the eur / usd at 1.2850 (you are losing directly because the purchase price is 1.2853) and the price falls to 1.2837 - 1.2840, 10 pips, you win because you sold at 1.2850 and cut your position with the purchase price at 1.2840.



Novice Forex - Forex, Forex Trader, Finance



The volatility is low on forex brokers allow you to use leverage.



Leverage:

The leverage allows the trader to make trades more important than if it used only its initial margin deposit. The broker offers its customer a margin greater than the trader's margin deposit.

If the trader has opened an account with a deposit of 10,000 euros (10 k), and that the broker provides the trader a leverage of 50, then the trader has a margin of EUR 500 000 (500 k). This leverage allows the trader to transact a higher amount. Indeed, the volatility on the foreign exchange market is relatively low, brokers are available to traders leverage.

Without leverage, the trade up would be 10 000 (10k), so with a long position of EUR 10 000 (10k) on the eur / usd at 1.2800 (1.2800 Ask - Bid 1.2797), a change of 103 pips that will take the course at 1.2900 (1.2903 Ask - Bid 12900) would earn the trader $ 100 ($ 1 = 10k/trade / pip).

With a leverage of 50, if the trader goes up purchasing a transaction on the eur / usd 500 000 (500 k) 1.2800 (1.2800 Ask - Bid 1.2797), a change of 103 pips who take her course to 1.2900 (Ask 1.2903 - 1.2900 Bid) would earn the trader $ 5000 (500k/trade = 50 $ / pip).



The trader is of course not obliged to use the maximum leverage offered by his broker! It is the trader to manage risk as leverage can increase its earnings in case of winning trades but also to increase its loss in case of losing trades. So the trader to choose the size of his positions depending on the risks it wishes to take on his portfolio.



Margin deposit margin with lever ---- 50 ---- ---- Trade maximum gain / pip

EUR 2 500 EUR 125 000 ---------- ----------------- --------------- 125K ----- 12.5 $ / pip

EUR 5 000 EUR 250 000 ---------- ----------------- --------------- 250K ----- 25 $ / pip

10 000 500 000 --------- Euro Euro 500 k ---------------- ----------------- --- 50 $ / pip

EUR 50 000 EUR 2 500 000 --------- -------------- ------------------ 2.5 m - $ 250 / pip

EUR 100 000 EUR 5 000 000 -------- -------------- ------------------- 5 m ---- $ 500 / pip

samedi 6 novembre 2010

Simple tips to become a successful trader

Being in a quiet room to concentrate
The concentration or decentralization are the main reason for the success or failure of traders. A quiet environment helps concentration. Avoid sources of noise, distractions, concentrate on your graphs. One hour and 20 minutes of concentration poses as a walk and a good night will be profitable.

Trading, and remember to stop work
Consider the forex trading as a job with regular hours. 8 Working with poses is enough. Remember to stop and especially not trade overnight. You better sleep and better your results.

 
Learn to be comfortable in your trade
Use a lever to suit your mind. It is not necessary to put his account in danger. Moreover, the size of your position on your impulses and behavior psychology may make you do stupid things. With a short break you'll be able to better respond to your emotional reactions and better manage such a loss.

 
Choosing the right graphic indicator
Having a flag and rely on. No need for multiple indicators for success. Select a flag for you. Learn, analyze it and try to understand how he reacts to a trend or a change in trend. Once you discover the secrets of your progress indicator, so come.


the security of your account
Respect your strategy trades, your stoploss, your goals. Get next to you, your codes and phone number of your broker. Put a stoploss and take profit on each input (especially if the internet connection is bad)

Specialize
Specialize yourself on a parity (see the "currency pairs to trade for). As an indicator, each crawling pace. Choose a parity that fits your mind. If you are a beginner, avoid the cable, GBP / JPY. Choose the euro / dollar that moves well but with less volatility.

 
Do not play with fire
Do not return before or during a statistic is a statistic. Wait 5 mins to go on the market, so you will avoid getting caught.

You're not a sheep
Avoid advice, do not follow the recommendations to the letter, do you have your own opinion.

Source: www.forex-formation.com



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jeudi 28 octobre 2010

Forex Technical Analysis of 28/10/2010 USD-JPY

USD / JPY has managed to climb to new levels with a peak at 0.8198, before falling to 0.8145 after falling global stock exchanges. This surprising move from a rising dollar is expected to end soon, in our opinion, and new records are to be considered by the end of the year. The EUR / JPY cross is strangely low volatility with a low of 112.23 and a high of 113.20. That night in Japan, the following figures were published: retail sales in September are up 1.2%, foreign investment in the stock exchanges in Japan have increased 114.5 trillion yen in Japanese bonds of 682.6 trillion yen. Channel fluctuation 81-82.

www.forex.fr




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mercredi 27 octobre 2010

Forex Technical Analysis of 27/10/2010


EUR-USD GNP of Greece is expected to decline by 4%, with an unemployment rate approaching 12% for 2010, according to forecasts by the central bank.


 Guy Quaden of the ECB, the level of the euro is not really outside its fundamentals, and a war of exchange would be the worst war imaginable for developed nations. With this information, the EUR / USD has been under pressure, falling to 1.3824 from 1.3982. For this Wednesday, we opt for the channel 1.3775-1.3875.



Source: http://www.forex.fr


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jeudi 7 octobre 2010

3. 're Trading pairs, not currencies:

the exchanges are made keeping in mind that all currencies are paired. This means that you should consider both sides of the currency pair to make decisions. You should be aware of the impact on the market in two currencies and the couple not only know the changes and behavior of a single currency.

http://forex-ang.blogspot.com/