Tag Archives: forex

General Forex

Information About Forex Currency Trading That You Must Know

When it comes to search for Forex Currency Trading, there is enormous information available on internet for users. If you’re seriously looking into online Forex trading and want to become a leader, you are required to have some key information about it. The first and foremost thing to know is about what exactly Forex currency trading is all about.

In the past few years, there has been huge increase in people started trading into Forex. Even the stock market which is considered as the biggest is now taking a big leap. Even it the futures market is taken together with the stock market, the Stock Forex market witness a huge sum of money being traded everyday. Below is the detailed information about Forex trading:

The foreign exchange market (Forex, FX, or currency market) is a global decentralized over-the-counter financial market for the trading of currencies. There are different financial centres around the world that work as anchors of trading between a huge range of various types of buyers and sellers around the clock, with the exception of weekends. In simple, the foreign exchange market determines the relative values of different currencies.

The major purpose of the foreign exchange is to assist international trade and investment, by enabling businesses to convert one currency to another currency. For example, it allows a US business to import British goods and pay Pound Sterling, even the business’s income is in US dollars. It also promotes speculation, and enables the carry trade, under which investors borrow low-yielding currencies and invest in high-yielding currencies.

There are certain features that make Forex currency trading unique and include:

  • Its huge trading volume which results into high liquidity
  • Its geographical distribution
  • Its regular operation: 24 hours a day except weekends
  • A wide range of factors that affect exchange rates
  • The low margins of relative profit compared with other markets of fixed income; and
  • The use of leverage to improve profit margins with respect to account size

Forex currency trading market is considered as the largest and most liquid financial market in the world and its traders include large banks, central banks, institutional investors, currency speculators, corporations, governments, other financial institutions, and retail investors. The average daily turnover in the global foreign exchange and associated markets is continuously growing. nlike a stock market, the foreign exchange market is divided into levels of access. At the top is the inter-bank market, which is made up of the largest commercial banks and securities dealers.

Forex Signal Live offers automated Forex currency trading signals sent directly to your MetaTrader account so you can make money while your at home, at work, or away! It facilitates online Forex trading.

Market Analysis

Trading With Forex Forecast Signals

The Forex trading is the field that involves real money earned with real hard work so who ever want to loose at the trading session obviously no one.While transacting Forex trading deals high precision and intellect is necessitated to select the best possible trading plans that benefit you in the end.

The good thing is to do market research, market analysis, thorough study of the diversified consequences and the factors that influence the trading market.Yes, off course, there are plenty of Forex trading signals that assist you to make trading decisions but we should not forget that it’s real trading platform and situations may return back in which moment you never know.The Forex signals provide information about the changing trends of the Forex trade. The interested traders depend on these traders to find out the accurate and profitable market entry and exit ways.

These signals involve following: breakouts, support, resistance levels, chart patterns, moving averages, RSI and oscillators.These Forex indicators gives you information about the buying and selling decisions regarding any currency pair and such information are available through different individual service providers with small subscription.

Different service providers have different strategies and they can even offer you these signal provision free, as these services are their add-on service that help them to increase their worth in the trading market.Some of them provide these signals based on daily trading session and such information depends on the fundamental and technical study of the Forex market and the influential factors.

These data are incorporated through software so less chances of being influenced by manual feelings and emotions. The traders can believe on these data but what is required is the deep study of the data provided and critical analysis of the possible consequences of every step at the trading platform.There is indicator-like Bollinger band that indicates about the change in the Forex trading trend plus the change in the trading volume that is also a good point to analyze the trend.

The indicators and thorough study can help you to acknowledge about the trend but they do not have 100% accuracy as well. So, Whenever you trade, trade on your instinct and intellect with full information and place the trade at beginning of the short or long position never wait for the trend to settle down and never trade when the trade has margin to fluctuate. There always lies a point where there is neither a peak hike nor a quick downturn that point is the right point from where you can gain or loss in appropriate proportion.

General Forex

Asia Forex Mentor Full Strategies & System

Hi Everyone,

The reason why i am starting this forex blog and not a website is that; i would like everyone to see and discuss our daily trades which i will post every now and then.

I do not wish to do a one long page sales script website which you commonly see around selling forex “Secrets” about making money with just a tip or 2. And they claim just to be using that, you will be profitable. If that is possible, i would say the ratio will not be 95% losers and 5% winners in the forex market.

I have been trading forex full time for around 14 years plus. The only thing i regretted about forex is not starting at an earlier age.

In this blog, i will be showing you guys some of my daily trades which i take from my Actual Live account. I will not brag about the amount of money or the number of pips i make monthly. I will say i consistenly make high profits.

High profits does not need to equal to big number of pips monthly. You can be trading eg. $10, $100, $1000, $10,000 per pip. Which equates to a good sum of money even if you just consistently make 500 pips a month.

What i will be teaching you guys is NOT about indicators. All indicators are lagging indicators, no matter how you argue. I will be teaching you guys Price Action which is used mainly by institutional companies, banks, professional forex traders etc.

Price Action alone is not enough, you will be combining with a whole system of trading strategies, money management and trading psychology.

Let me emphasise, you cannot just use a mere entry strategy for you to stay profitable in the forex markets. Majority of the “Holy grail”, “Secrets” out there are just mere entry strategies. If that is the reason why you are not profitable in forex right now, i hope i have told you the reason.

What i can assure you is that, my system and formula is back tested and forward tested by many of my students to be proven successful. What i will be teaching you guys will include:

– Price Action

– System and strategies

– Combination of the above both

– Exit strategies

– Money management

– Psychology

– Most importantly – “How to let your profits run and cut your losses”

– How to expedite your trading experience even if you are just a total newbie(You will be acquiring years of experience in Days)

Forex learning is not a day or 2 thing. If any one told you, you can master forex within such a short period, that person must either be a born forex trader mentality or a genius. That is the reason why i schedule the entire course to be throughout 1 year for you to go Pro.

Of course you do not entirely need 1 year for you to be profitable, what i will going through the 1 year will be the different strategies to be used in different scenario. And i will be there for your ongoing trades and discuss live trades together. I will also post the daily trades and discuss with you guys my trading mentality on why i take the trade and where it will go and how it will exit the trades.

I will not say i am able to predict where the market is going, no one has a crystal ball to see the future. But what we can do is to react according to where the market is going and be part of the action.

For what i will be sharing with you guys, is definately worth more that those guys who charge over ten thousands for those short courses.

For a mere $99 a month. Yes only $99 a month, you heard it right! I will be with you for the entire year trading with you live. What you really need is a mentor by your side, telling you where you went wrong and what is the crucial factor that is affecting your trades now.

What i will throw in is that, for a year with me, you will be a life time member with us. Therefore meaning you only need to pay for a year and you be a life time member with us FREE.

With that you will be invited to our private group – Asia Forex Trading club. In our existing group, we have a string of season traders and profitable traders together. Therefore, you will gain access to our private network of season forex traders where we discuss daily trades together.

I will also give you the exact same set of indicators i use and how to apply it. We are not just technical traders, we also respect fundamental news. Therefore we trade bothways. I will give you the news indicator i use that will show the timing countdown to the news that is coming up which will affect your trading pair.

I really do not wish to have any long sales script or anything. I do not need to. With the price that i have set for a mere $99. You will definately gain so much more in return. It is not about the money for me by just looking at the price. I like to teach, i have come so far in forex. I will not say i am a guru, i am always a student in forex. I wish you can tap on my experience and my expertise to expedite your learning process. The $99 a month is definately nothing compared to what you will be earning from forex. And if at any point of time you realise you had learnt enough, you can always quit the group even if you only paid $99 for one month only – for the amount of knowledge and experience you will be getting.

For me, it is not a touch and go thing. I want every student to truly be a successful forex trader. Something you can rely on instead of your daily job.

Do know that i will be always behind you for your success!

Yours,

Ezekiel Chew

Pls enter: www . asiaforexmentor . com for more information, Daily Live forex chart updates and videos FREE!

ps. I am a professional full time forex trader with 14 years of experience. I have decided that it is time to contribute back to the forex community by teaching the stuffs i’ve learnt among my years and accumulated knowledge and experience that work very successfully for me and people in our group whom have used my systems also work for them.

I conduct live courses that charge thousands for a 3 day seminar. The money was good, however, i decided to keep the price low now at $99, because its not the money to me anymore. $99 is just the commitment i expect from you guys to show you really want to suceed with my system. Then i will do my best to help and coach you through. I will answer all emails for any question you may have in live trading.

**UPDATES: A LOT OF GUYS HAVE REQUESTED ME TO REDUCE MY FEES, I HAVE THOUGHT REAL LONG ABOUT IT AND FINALLY CAME TO A CONCLUSION. $99 NETT, NO MONTHLY FEES ANYMORE. I CAME TO THIS CONCLUSION BECAUSE IT¡¯S NOT THE MONEY THAT MATTERS TO ME ANYMORE. IT¡¯S THE COMMITMENT FROM YOU GUYS. I DO NOT KNOW WHEN WILL THIS PROMOTION END, TIL I UPDATE THIS OR I FEEL THAT YOU GUYS ARE MISUSING MY NOTES TO RE-SELL. HOWEVER TIL THEN, $99NETT IS THE BEST I CAN OFFER YOU GUYS. PLUS A 30 DAYS MONEY BACK GUARANTEE IF THE STUFFS THAT I TEACH DOES NOT WORK.

I REALLY WANT YOU GUYS TO LEARN AND STOP WASTING YOUR TIME AND MONEY BUYING THOSE FOREX SECRETS, TIPS, ETC. PLEASE LEARN HOW TO TRADE YOURSELF AND HOW TO UNDERSTAND WHERE AND WHY THE MARKET IS MOVING THAT WAY. THIS WAY, YOU CAN TRULY MAKE FOREX YOUR CAREER.

ENTER WWW . ASIAFOREXMENTOR . COM TO SUBSCRIBE, AND I WILL START SENDING YOU MY WEALTH OF EXPERIENCE THAT I HAVE ACCUMULATED AND HAVE TAKEN ME THROUGH ALL THIS YEARS.

General Forex

Trading in Forex Volatility

The Forex market is highly volatile in nature and it refer to as the fluctuations in the price of different currencies at the trading sessions.

The volatility is generally traded with the support of leverage implementation by the traders. Here are the keys that can be used while dealing with volatile market and to survive in the Forex volatile trading.

These keys comprises of trading psychology, risk management and the mistakes to be considered and avoid while trading at the Forex trading platform.

Risk Management: The risk management skill plays a vital role while the traders come across to deal with the Forex volatile market. In order to hit the volatility of the market the trader need to understand the risk involved in the trading and the possible outcomes of every trading step before actually start trading.

* Size of trading positions: In case of wild swings, traders must make smaller trading positions. The size of the position matters a lot in the Forex trading because if the gains are more on making large positions in the same way losses will be more if the trader places large positions. So’ it’s better to place small position in the volatile market.

* Implement Stops: While trading in excessive volatile market the great attention is required while implementing stops while going short and long during the trade. The tight stops cannot be used all the times in the volatile Forex trading.

The traders need sufficient space to place their options in the trade if not the traders will lose their interest from the price fluctuations. The traders must consider the proper size of the position and implement the stops according to the size of the position.

Stay away from these mistakes:

* Mistakes in selecting tops and bottom: Always stay away from those trade points where you feel that the price actions may turn back and make the situations difficult. It is the biggest destroyer of equity trading accounts. The selection of tops and bottoms in the trading has a lot to do with the trader psychology. It’s not easy to swim against the price turns so always follow the trading trends and implement accurate stops to earn god returns.

The volatile Forex trade has a feature that turns in market are very sudden and you couldn’t predict these turns.

Be cautious and aware while trading at the volatile Forex market. The trader should trade conservatively by following the trend of trading. One more thing, trading at volatile market with leverage is not at all worthwhile.

Forex Trading Articles

Forex Trading Strategies For Beginners

For the beginner who wants to trade on the Forex market it is imperative to decide on what your trading strategy must be. There are many trading systems which suggest fantastic things but I should sound a word of caution. Many systems DO perform, or at least they work for the person who devised them. But it could well mean it does not work for you. We all exhibit an different methodology to everything that we carry out and one persons approach in the developing of a trading system might not suit another.

One tactic might rely on following a trending indicator for example. Practically all indicators are lagging, that is to say they tell you what has happened after the event. They will not tell you what is around the next corner. So such an approach is likely to be deficient in certain areas.

The soundest method when trading is to look for either continuation or reversal patterns. These are patterns, which historically have shown that the price is most likely to move either up or down. I say most likely quite deliberately. Remember, no one KNOWS which way the price will move. We are looking simply at probability and various patterns reveal a higher level of probability than others.

There is nothing puzzling about price movement despite what some would have you believe. Remember, it is a constant battle involving buyers pushing the price up and sellers pushing the price down. Just like buying and selling fruit and vegetables from a market stall. It is a easy as that.
You will need some form of charting package if you are intending to trade but be wary not to get carried away with the array of indicators on offer. They may well look very high tech but the majority of them are not. Remember, they are indicators, they can merely help to confirm or otherwise a specific price movement. As I mentioned above virtually all indicators are lagging and only show you what has happened (which you can already establish from the price movement). They are all based on price and/or volume data, although there is no volume on the Forex market.

So do not get carried away with indicators, only focus on price movement and chart patterns instead. There are just 3 indicators that I can think of that are leading indicators. These are fibonnacci retracements and projections, pivot points and the Gartley pattern. I am a great believer in fibonnacci patterns simply because they have a tendency to perform and I make use of them routinely. Many traders place major significance on pivot points. Consider this though. Pivot points are derived from a mathematical calculation taking the high and low price from the preceding day or so. I can see no technical explanation why that can mean something. All you can say is that if lots of traders employ it and respond to it the movement of price based on this can be a self- fulfilling prophesy. You decide. The Gartley pattern is a little known pattern that is somewhat hard to put into words. However once one does present itself a highly profitable trade can result.