Category Archives: Forex Trading Articles

Forex Trading Articles

Spot Forex Management Sarl – Forex Trading Basics For the Rookie Trader

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Spot Forex Management Sarl

Forex Trading is very popular nowadays because it allows a person to trade from anywhere and everywhere in the world. In order to do Forex Trading you don’t need to possess any kind of diploma, license, proof of study, etc.

The business of Forex Trading is very economical and the costs involved in the start-up of this business are very low. Forex Trading requires you to open a Forex account that costs as little as $200. Although there are lots of Forex Trading firms available today, I personally recommend Fenix Capital Management as it offers a state-of-the-art Trading Platform. The platform of Fenix Capital Management allows you to directly place orders by just a click on the charts.

Some of the major benefits of trading in the FX spot market are as below:

There is no commission fees involved
Trading is possible 24 x 7
The leverage with which you can trade is as high as 400:1
A lot of advanced features including Live Charts and Free Streaming executable price quotes are available

There are two types of Forex trading involved – namely Cash Forex or Spot Forex and currency features. As a Forex Trader, it is very important for you to understand the difference both of these. Spot Forex Management Sarl

Spot Forex allows you to electronically trade up to 10 Million dollars. The end of the business day marks the closure of the futures market. In case the overseas market releases important data post the closure of the business day, the next day morning can spell quick doom in case the direction of the announcement is not in your favor. The Spot Forex market continuously runs between 7:00 AM New Zealand time Monday morning till 5:00 PM New York time Friday evening.

Forex traders in the major Forex trading centers such as Geneva, Sydney, Tokyo, London, Hong Kong, Singapore, New York, Toronto, etc, ensure that the liquidity migration from one time zone to another is as smooth as possible. While currency futures trade in non-USD denominations only, Spot Forex allows the trader to transact in any type of currency and in any denomination.

The currency futures suffer from sporadic lulls even during regular International Money Market timings and is marked by constant huge price gaps. However, there are quite a few risks involved in currency trading. Currency trading is suitable for only those individuals and institutions that can sustain the potentially high level of losses that can result sometimes from currency trading. Since the currency trading feature allows you to trade at the maximum leverage of 400:1 ratio, even a single percentile decline or loss might cause you to lose the entire investment. Spot Forex Management Sarl

Forex Trading Articles

Forex Trading Company In Malaysia – 3 Tips to Kick Start Your Forex Trading Online

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Forex Trading Company In Malaysia

As a beginner, you can kick start your Forex trading (also known as foreign currency exchange or fx trading) by following the these guidelines. Forex Trading Company In Malaysia

3 tips to start off as a beginner to currency trading.

Tip 1: Choose a trusted trading broker who can provide you with a reliable trading platform.

It is not easy to choose a good Forex broker. Normally I choose a trading broker which is well established and also allows maximum leverage, such as Forex.Com, MIG or Interbank Fx. I prefer Forex.com because you can enjoy minimum capital entries for the live account for as low as USD250. Forex.com provides a lot of different trading platforms and tools such as Forex Trader, Wireless Trading or MetaTrader 4. Personally, I prefer to use Metatrader 4, because it is user friendly and has a stable connection.

Tip 2: Open your Forex demo account to start your currency trading.

Demo account allows the user to use “play money” to practice trading with live data. This is very important to a beginner to Forex trading so that they can practice trading without losing real money. As a beginner in online foreign currency trading, you can start a demo account with leverage 1:200. Leverage is a percentage amount of money that you can borrow from the Forex broker. Deposit demo amount should be similar to the future live account amount. For example, we are encourage you to use as low as USD250 to start your demo trading. Forex Trading Company In Malaysia

After you have downloaded the MetaTrader 4 platform into your computer, you can go to “File” and click on “Open an Account”. You can key in your relevant information to open up the account. Remember you need to enter a valid email address so that your account will be approved. You can get your login id and password immediately after you have created your demo account.

Tip 3: Get your basic Forex knowledge.

It is not easy for a beginner to know how to trade. You can go online and research on currency foreign exchange by searching on Google or reading some books or ebooks on fx trading and get some knowledge regarding fundamental analysis and technical analysis. There are many articles and blogs on this.

However, ultimately, a good Forex trading course can help to accelerate your learning curve, and an experienced coach would be able to advice you and lead you towards Forex trading mastery. Forex Trading Company In Malaysia

Forex Trading Articles

Forex Trading For Maximum Profit Pdf – 4 Simple Effective Ones For Bigger Profits

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Forex Trading For Maximum Profit Pdf

Here we will look at some of the best Forex Trading indicators and how you can combine them into a simple robust Forex trading strategy for long term gains. Forex Trading For Maximum Profit Pdf

No single Forex trading indicator works all the time by itself and the way you combine them is essential. Many traders make the mistake of the thinking the more indicators they combine the better – Wrong!

If you do this the system has too many elements to break; you only need a few and your Forex trading system will be simple and robust in the face of ever changing prices.

Right lets build our Forex trading system and look at some of the best Forex trading indicators to help you build a trend following Forex trading system.

First Identify the Trend.

This is obvious by looking at a bar chart but you also want to use moving averages as well. Simple moving averages are great in terms of smoothing out the fluctuations and two great periods to use are first, the 40 day MA to identify the long term trend. Secondly, use the 20 day MA to buy and sell back to in a strong trend and you will find this moving average is excellent for getting in on a trend in motion, with optimium risk / reward.

Spotting the Set Ups

We don’t have time to cover this in detail here but there are a couple of points that are the key to maximizing profits. Firstly, be patient and only trade high odds set ups and secondly, make sure you trade breaks to new highs and lows all the big trends start and continue from them so you need to trade them.

Bollinger Bands – Check Volatility and Standard Deviation

Ask most traders what standard deviation of price is and you will probably get a blank look but an understanding of standard deviation of price and volatility is something that all forex traders need to know about and if you don’t, make part of your forex education and learn about Bollinger Bands. Forex Trading For Maximum Profit Pdf

Bollinger Bands are not used to for market timing – but give you an all round view of volatility price and when you understand this concept, Bollinger Bands can help you in 3 ways:

They can alert you to potential big moves, help set targets and spot market value and entry levels.

Best Forex Trading Indicators for Confirming

When you spot a potential opportunity, you need to confirm the move and make sure price momentum is going the way you wish to trade. There are plenty of momentum indicators but for the last 25 Years I have found the following two the best. There easy to learn and apply, lets take a quick look at them.

The Relative Strength Index (RSI)

A great leading indicator to time your trading signals with. If the RSI supports your view of the market you can use it in strong trends – or when it diverges from the prevailing trend ( from over bought or over sold) to enter trades against the prevailing trend.

The Stochastic Indicator

The best Forex trading indicator of all for better market timing and when combined with the RSI you have a dynamite combination. The stochastic is a simple indicator but is the ultimate timing tool for timing trading signals in my view. If you use stochastic crossovers to confirm your move, you will get the odds on your side. It’s also very effective for timing contrary positions. A stochastic cross, from over bought or oversold levels, against the trend is a highly effective way of getting in on the big contrary trades.

Simple and Effective

There are other great indicators around such as the ADX indicator, MACD and many others but as a blend the above 4 indicators with a bar chart are my best forex trading indicators for profit and they have served me well over the last 25 years.

The indicators are easy to learn, apply and if blended correctly, can add a new dimension to your forex trading strategy. Forex Trading For Maximum Profit Pdf

Forex Trading Articles

Forex Trading South Africa – Forex Training With James De Wet For 30 Days RISK FREE on Your Own Computer Screen!

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Forex Trading South Africa

When it comes to learning forex trading, the best method is to watch a pro trade forex live with the opportunity to ask questions. When I was learning tennis, I found out that watching top players play tennis in the big tournaments actually helped improved my tennis games. The same thing I repeated in forex trading and learned the ropes much earlier than most other traders who struggled for many many months.

If you are interested in learning how to trade forex than James de Wet is willing to give you a 30 days RISK FREE opportunity to watch him trade daily right from your own computer screen with the opportunity to ask the questions live. He will explain his trading strategy for the trade, why he is adopting that strategy plus any other question that you would like to ask.

During these 30 days you can learn how James trades daily RISK FREE. What this means is that he is not going to charge you even a single penny for teaching you how to trade forex like a pro right on your own computer screen. Now you must be wondering who is this James de Wet. Forex Trading South Africa

James de Wet is a successful forex trader from South Africa who had been trading million dollar accounts for private wealthy individuals plus a big European Bank. He has trained countless students plus written a couple of books on forex trading. He stared trading forex in 1997. Over the years, he has seen huge losses and big wins. So, when it comes to forex trading, he knows what he is talking.

In forex training, the choice of the right mentor is of utmost importance. You need someone who has been trading forex and has made a lot of money trading it. So he knows what he is talking about. You will find many good programs on the internet now that can give you forex training online. Most of them however, charge you a huge sum right upfront without you testing how good the training is going to be.

Not with James. He is willing to let you see him trade daily for 30 days RISK FREE without paying even a single penny, ask as many questions as you want and even get free systems and manuals during these 30 days without you being charged anything. So, don’t hesitate to join James de Wet Exclusive Forex Trading Charter Group RISK FREE for 30 days! Forex Trading South Africa

Forex Trading Articles

Alert Day Forex Trading – An Introduction To Forex Trading Alert

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Alert Day Forex Trading

Forex trading alert is an idiosyncratic service and it uphold currency traders very close to the speedily changing forex trading capital market even when they are far away from their screens by using the certain parameters of their forex trading strategy to set forex alerts appropriately on rates and mechanical indicators, plus to generate modified reminders for imperative dates or events. Unlike any other forex trading market, the forex offers trading services 24 hours a day, 5 days a week. Of course you can take the time to watch this Forex market by yourself, but who has the time. More outstandingly, the factor to be noticed here is the knowledge and the know-how for constantly making a profit.

Initially, only a couple of well-used and established methods, which provide the best overall returns, are used. One method utilized is a scalping forex strategy where it is uses super-tight stops for lesser profit objectives since it lessens the forex risk to a minimum. You are in the forex trading market repeatedly for a few hours. Secondly, Forex Alerts does not use mechanized programs in order to make a large number of alerts, most of that might not be money-making at all. This is how the Forex trading alerts give the highest quality alerts. Alert Day Forex Trading

By receiving live forex trading alerts from a team of expert forex traders the professionals or some other persons tell you when it is good to trade the foreign exchange market. In fact it is that it could take some years for you to study how to successfully trade the forex market. Also you would have to spend immeasurable hours watching the forex market. You get notification by email instantaneously with Forex alerts and that email could get directed to your mobile phone as well or PDA.

We question only a few choose foreign trading exchange alerts for a week, but these alerts are more probable to offer constantly profitable outcomes. The aim is not to trade more recurrently; but the aim is to trade more advantageously. Forex traders have been trading the Forex markets successfully for years and years, and their strategies have now been developed into a forex charting system in a helpful manner allowing for retail currency traders. Alert Day Forex Trading