Tag Archives: forex

General Forex

Auto Forex System Trading – Trading with an Auto Forex System for Faster Profits

Leave a comment

Auto Forex System Trading

Auto forex system trading is the perfect strategy for investors or brokers who either do not have time to watch the market closely or trying to diversify the portfolio. It is like having a professional to trade your account for you, taking care of your profits. Auto Forex System Trading

Automated systems replace the need for manually buying or selling the currencies. With auto forex system trading, you can continue to focus on your own trading strategies and can take benefits of other strategies as well.

Forex system trading can be of different types. The systems are based on software and algorithms to generate trading signals. Different automated trading platforms use varied software to generate the trading signals. You can run the system from your own desktop or can leave the trading completely to professionals through your managed accounts.

The system is configured to automatically open and close positions at specified parameters. As the forex markets in different countries operate in different time zones, the trading practically continues round the clock. With a managed account in your auto forex system trading, whenever a trade signal is generated, your order will be placed into your account while you are away working or sleeping.

Automated forex system trading is free of the traders’ emotion. As the operations are strictly software driven, you need to concentrate on the strategic decisions, which will be executed automatically. As the automated trading platforms have proper risk management features, your trades will be secured and safe. Auto Forex System Trading

Many online brokers offer trading platforms for free. You can download the system in your desktop. For a subscription or with the spread, the online broker can manage your investment.

If you purchase an automated forex trading system, the vendor may offer you free trading alert services when you can receive signals whenever a trade is identified. In many trading platforms, your order can be placed automatically, whenever a signal is generated and, therefore, you never miss a trading opportunity and save your time as well.

To take the maximum advantage of the system, you need planning and self-preparation. Always determine beforehand how much of your trading capital you will risk. Work on a demo account for few months before choosing the platform.

You must also monitor how your accounts are doing on a regular basis. A successful auto forex trading system should be based on low leverage and multiple entry. Always ask for the history and record of past performance of the platform. The trading platform should be simple enough for you to operate. Auto Forex System Trading

General Forex

List Of Forex Brokers – How to Compare a List of Online Forex Brokers to Find the One Best Suited to Your Trading Needs

Leave a comment

List Of Forex Brokers

With the recent explosion of Forex brokers in the retail market it can prove difficult in selecting one which is best suited to your trading needs. A useful way to make a comparison is to make a list of online Forex Brokers and record information about their account facilities. In this way you will be able to make a direct comparison and ultimately an informed decision based upon your trading requirements. List Of Forex Brokers

When making a list of online Forex brokers to compare note down the pros and cons of each broker. You many find if useful to consider the following points:

The trading platform offered by the Forex Broker

Most Forex brokers will allow you to open a free demo account. Demo accounts can be set up in just a matter of minutes and offer the opportunity to make an initial assessment of the platform and what is has to offer. Usually all the features of the live platform will be made available, allowing you to establish whether it will be likely to suit your needs. This can also be a good time to test out the level of service provided and the efficiency of the broker in dealing with any queries that you may have.

Instructional material on offer from the broker

Instructions on how to operate the trading platform will be provided by the broker. This will be designed to familiarise you with the platforms operation and showcase particular features. You will also often find you are given access to free guides covering the basics of the Forex Markets and an introduction to fundamental and technical analysis. List Of Forex Brokers

If you are experienced in Forex then much of this beginner material may not be of interest. Look instead for any advanced training material on offer. This may include articles or possibly even free structured courses or webinars. Bear in mind though that you many have to open a live account in order to access these facilities.

Account types offered by the broker

As competition for retail customer increases online Forex brokers are becoming more competitive. This has led to brokers increasingly offering both Mini and Micro accounts. These allow you to trade smaller ‘lots’ than have been available previously. If you intend to trade with a smaller amount of capital then look for these accounts while you get used to the markets as they will help you to balance risk.

Account Deposit currencies

Accounts are generally denominated in US dollars. Increasingly however brokers are offering accounts in other currencies. JPY, EUR, GBP and regional currencies are now offered by some brokers. Ensure you compare the range of deposit options available if it is important for you to trade in your regional currency..

By creating a list of online Forex Brokers you will quickly be able to compare brokers. This will help you to ensure that you are able to select the Forex broker with the best set of facilities to meet your needs. List Of Forex Brokers

General Forex

Best Forex Broker Uk – Why You Need to Choose a Regulated Forex Broker

Leave a comment

Best Forex Broker Uk

When it comes to selecting a Forex broker there are many criteria on which you can base your decision including the brokers trading platform, currency spreads and the levels of leverage available. These can make the decision as to which broker to choose difficult. However the most important factor in your selection process is to ensure that the broker you select is a regulated Forex broker. Best Forex Broker Uk

What it means to be a regulated Forex broker

Regulated Forex brokers have membership of a regulated financial authority. This requires that their company activities are monitored and that they adhere to a strict set of criteria set out by the regulatory body in order to run their business.

In order to become regulated a Currency Brokerage firm will need to meet and maintain a minimum set of requirements on an ongoing basis. These requirements include maintaining sufficient financial assets to ensure the continued operation of the company and also following strict operational standards and procedures as defined by the authority.

Part of this regulation requires them to maintain transparency in their financial documentation. They will also be required to submit detailed financial reports and can be fined or have their membership terminated if they fail to do so. Failure to comply with guidelines set out for this documentation can also lead to similar penalties.

Why you should look for a regulated Forex broker

Regulated Forex brokers have to adhere to a set of guidelines which are designed to help both protect and maintain a level of service to the client. They are also accountable for their actions to the authorities of which they are members.

A key point here is that client deposits are held separately from company funds. Regulation dictates that client deposits cannot be used to fund the broker’s operational activities which help to ensure the safety of your money. This also offers protection to the client in the event that the broker goes bankrupt as funds held in the client account cannot be used to pay back creditors.

Regulations also apply to areas such as the personal information held of clients, quality assurance standards maintained by the broker, monitoring of fraud and customer service and support. Best Forex Broker Uk

How to check that a Forex Broker is regulated

You can easily find out if a Forex Broker is regulated As a results of previous problems in the market place, most regulated Forex brokers will now detail their regulatory status on their website. They will also list any applicable membership of other financial authorities.

The actual body that a broker is regulated with by will vary on the country of jurisdiction of the Forex broker. Countries with dedicated regulatory agencies include the USA, UK, Euro zone, Japan, Australia and Switzerland.

Examples of regulatory authorities include the National Futures Association (NFA) or Commodity Futures Trading Commission or (CFTC) for US brokers, the Financial Services Authority (FSA) for UK based brokers and MiFID and CySEC for Euro zone brokers. You can check the full regulatory standards on the regulatory authorities’ website.

A broker is not required to have membership of multiple regulatory bodies as each of these bodies will help to protect against fraud and manipulative trade practices. It is however important that the broker that you select is a member of at least one.

So when you come to choosing your broker take time to make sure that your Forex broker is regulated. At the very least you will ensure you receive service based on a regulated set of standards and if the worst happens and your broker suffers financial difficulties, your deposited funds will be protected. Best Forex Broker Uk

General Forex

Super Trend Forex System – Trend Spotting to Make Money in Currency Trading

Leave a comment

Super Trend Forex System

Forex trading signals and learning how to interpret them are the key to the success of any trader that is making money in the forex market. Learning the ins and outs of trading trends takes a lot of time, but you don’t have to be an expert at it to be successful. Super Trend Forex System

A more accomplished forex trader will spot the trend just as it begins and will see the slowing down and get out just as it is ready to decline. You don’t have to be that good, you can get in once the trend is under way and get out just after it starts to decline and still make money. You just have to be able to recognize which way it is going.

Some of the common forex indicators used in may forex trend systems that successful currency traders will use are the MACD and moving averages. When effectively used as crossover indicators, you will have the ability to recognize significant trends that will of course lead to profits.

When analyzing a short term trend against a long term trend, i.e. an EMA (5) crossing an EMA (20), you will see a positive trend developing that you should take advantage of. The same is true of a MACD crossover.

Another powerful forex indicator designed for trading trends is the TRIX or Triple Exponential Moving Average oscillator. The indicator will keep you in trends that are shorter or equal to the window period. While observing a recent day of trading, we noticed a TRIX (15,9) moving upwards on the 4 hour chart of the GPB/USD pairing. The result of this trend was actually a 100 point rise by the end of the day. If you had the experience to spot this trend, you would have made a killing! Super Trend Forex System

While these are but two of the forex trend systems that you can use that you can use to generate good forex trading signals, there are many more models that are very successful. Examples of these are indicators like the Supertrend and the ADX.

The Supertrend is extremely effective as its’ sole design was to pinpoint trends in the currency market. You can only imagine by it’s name how successful this has been. If you are using the ADX, it may be a little more difficult to read the trends, but it is just as useful when you know what you are doing and define ranges of profitability. For instance, when there are crosses in the 17 to 23 levels, I know it is a go. Movement in the DI+ and the DI- will let you know which side of the market to get on.

While you will hear people preach the positives of each of these forex trading signals on their own, becoming familiar with all of them is a good idea. Look at it as arming yourself with more weapons to go into battle with. Make sure a trend spotting forex strategy is part of your arsenal. The more forex indicators that you see a positive trend in, the more likely you are in spotting a legitimate trend that you can take advantage of. Super Trend Forex System

Forex Trading Articles

Results to the Best Forex Trading Hours

Leave a comment

Forex trading is a wonderful chance to start a home adventure and barter currency for outstanding profit. It’s likewise a non stop market that’s open twenty-four hours a day with the exclusion of weekends. This signifies that the market can be embarked on at whatsoever time and trading can be done to fit roughly with your everyday tasks. This makes Forex trading extremely attracting indeed. If we only knew the best times to trades that would be even more beneficial for potentially larger gross margins. It’s in this report you’ll find the best Forex trading hours.

First of all we had better fully appreciate the operating hours, and some authoritative statistics. They’re elaborated on below.

A. Forex trading begins at five o’clock EST on Sunday and works through to Friday four o’clock EST and does not cease in between.
B. Trading commences in New Zealand, then Australia, Asia into the Middle East, Europe and then The United States of America
C. Over one-half of the absolute dealings are accounted for between the United States of America and Great Britain.
D. The bulk of New York transactions are done in their morning while the European markets are prevalent.
E. It’s when a few of these continents opening hours convergence that most trades come about.

As a result of the astonishing liquidity of Forex, and the fact that the market doesn’t end for over five days of the calendar week, this provides outstanding freedom for anybody to embark into trades when the feeling takes them. As one market closes, a different one opens and hours will forever intersect to give uninterrupted chances irrespective if it is day or night wherever you are.

The trading hours you would like to anticipate is when the Forex volume is overflowing. Forex market intensity are always eminent, but are notably higher when the huge markets (ie. Asian markets, European markets, and the United States markets) are open at the same time. These are the trading hours you prefer to exploit to search out the greatest quantity of profit making trades.

If you study the opening hours of these major currency markets you’ll discover that there are times when the big shots opening times convergence. For instance the Asian and European markets will be open collectively between two am and four am EST. Similarly, the European market and the United States markets are open together between eight am and twelve pm EST.

So as far as the finest Forex trading hours goes, center your time on when the big boys intersect and you’ll see huge trade opportunities to exploit for good gains. In my belief, this is where the immense profits are to be got. You’ll evidently need a good Forex system in situ etc, but if you also have the best trading hours then you’re heaping the odds in your favor.

ÂÂ