Tag Archives: forex

Forex Trading Articles

Position Sizing at Forex

Those who are new to this forex trading platform for them it is very difficult to resist from being engulfed by the attractiveness of the earning maximum profits in the market.

Even though all the traders are aware of the fact that forex is a risky zone where market is full of frequent up and downs thy used to do common mistakes and then pay huge fine as a compensation for that mistake.

Caution and attention are the keys to come over the hovering ship of the forex currency pair exchange deals and to make position at the market intelligently without occurrence of any big issues.

The formula that can be used to determine the position size to imprint your presence in the market is as follows:

X = R x B/ T x (P1- P2)

Where

X = position size in units of base currency
R = percentage of account trader wish to put on risk
B = Account Balance
T = short and long indicator, -1 in case short position and +1 in case of long position
P1 = Entry Price
P2 = Exit price or stop loss price level

This will help the traders or investors to take active participate in the forex trading platform with the accurate calculation of the exact position size.

Any kind of trading set up no matter it is best in acknowledging trade activities with perfection but still thee are possibilities that any thing can go against your trade position and your winning move can turn up into loss.

Certain degree of randomness or risk always exist in the forex trading platform it is not a big issue to panic but of course precautions should be taken avoid huge amount of losses by implementing good trading practice with preciseness in your trade moves.

When something can not be avoided then we should try to manage such inevitable incidences or occurrence. This is just a part of forex and all the traders should learn to bear the losses if they want to succeed.
Determining the position size would be helpful but important is building your trading psychology to cope with any kind of trading troubles.

General Forex

Forex Megadroid Robot – Auto-Trading Explained

Forex, or the foreign exchange market, is a market in which trillions of dollars are traded every day, and it is one that is unstable. Conventional trading has involved the use of a broker to buy and sell currencies for profit. But in recent years, various automated trading systems have developed that are able to enter and complete trades for you. They are known as Forex trading robots, and one well respected robot is called the Forex Megadroid Robot.

Generally speaking, Forex trading can include trading in any of the world currencies. The volatile nature of the Forex market has led to many who consider it as gambling. Currency values change very fast, and the result is that you need some proficiency to have the ability to make profitable trades. You would not find a lot of disagreement if you said some luck is required too.

Over $3 Trillion is traded on the world’s Forex markets every day, which is why an ever growing amount of would-be traders desire a share of the pie. Actually getting a share of that pie is a lot more complex though. Forex currency trading is not for individuals who are frequently indecisive and fearful at heart. In order to profit in Forex you’ll need a good deal of assertiveness, at the same time the belief in one self when you judge a trading opportunity.

This characteristic of the forex market gave some developers and trading specialists the thought of creating a support system that could allow those who are only starting out in the business in order to deal with the competition. Consequently, the modern day trading robots came to be. The Forex Megadroid Robot being the most advanced achievement in Forex robot technology.

Forex robots can be divided into 2 categories. These robot systems are made to help you determine if the price is going up or down. They also help you in deciding whether you are entering or exiting a transaction.

Velocity/Momentum Robots

These robots analyze the price changes, fluctuations and other movement in the market. When these movements are analyzed, patterns are organized and defined. These patterns are grouped together and would be used as a reference when entering a deal or trade.

The fluctuations in the prices is made available, and therefore would help in determining a pattern in the movement of the price. This would help the trader understand the factors that trigger price movement, and at the same time identify opportunities. These trading robots would help you get oriented with the weak and strong points of different markets.

Continuation trading robots

These type of robots deal with averages. They are ideal for Forex markets that show clear trends. This robot would uncover any trends that appear in the fluctuations of a currency pair.

Determining and understanding trading by averages provides flexibility, while at the same time would allow you to trade outside the technical factors of trading.

Both robot types show significant impact on improving Forex trading transactions. Though not all Forex robots can be entirely relied on to finish deals for you without having human monitoring. This is important to remember before trying a robot like The Forex Megadroid Robot, that robots are designed to support the trader, not to replace them.

Forex Trading Articles

Keys to Unlock Forex Treasure

The idea that motivates the traders to make position at forex trading platform and carve out a simple and fastest way to make money online is the passion to win the trades and earn profitable returns in one deal.

The expectation that a day will come and the trader investing his/her time, money and brain in making buying and selling position in the desired currency pair is another reason that make the traders crazy about forex.

This is the only reason the expectation of retrieving huge amount of money through deals over currency pairs that lead the traders to big losses instead of winning at their trade moves. Not merely the expectation would help you to make money through Forex, if the dreams are higher then efforts should be higher enough to reach the heights of the dreams as well.

So without wasting a moment in here and there and consulting with the fellow members at the forex trading platform the trader need to Learn forex with full devotion in the market trends and outflows of the currencies exchange rates and the changes that come over in the rates in just a few span of time is the reason behind making situation more difficult for the traders.

The key to unlock the forex trading strategies is learning and making hard efforts to pull out the trend reading, understanding and deriving the possible trend moves in the coming future trade session.

Traders must unveil the understanding the accessibility of using and applying trading tools and instruments available at the forex market in the form different financial assets that lead the market trends and inflows.

However, most important is to stay active, pay attention and do not ever ride under the influence of the emotions or feelings of any kind.

All these ideas along with the MT 4 trading platform system fully automatic online trade services available for giving the traders an ease to calculate the pivot points of the trends, better assess ability to acknowledge the profitable pair on which the trade positions can be made and profits can be fetched without the fear of loosing a large sum of money at the forex market.

Forex Trading Articles

Forex and MACD Implementation

The main objective trading and investing time and capital in forex trading is to achieve maximum profits at lesser investments or loss on trade moves in terms of forex trading.

To achieve maximum profits, traders should learn how to utilize the technical indicators and apply them to make trade position at the Forex trading platform.
The technical indicators prove to be very useful parameter for measuring the currency pair that is moving with higher probability and the possible behavior of the forex trend in the disordered condition of the charts.

MACD refer to Moving Average Convergence Divergence a more comprehensive technique of using moving averages to determine the trading signals by analyzing the Forex charts. It is introduced by Gerald Appel, the MACD figure out the difference between a 26-day exponential moving average and a 12-day exponential moving average.

The nine-day moving average is usually applied as the trigger line which meant that when the MACD traverses below this trigger line, it is considered as the bearish signal a time to sell off the desired currency in which the trader might have made position at the trading platform, when the MACD traverses above the trigger line it is a bullish signal and is refer to as time to purchase the desired currency in which trade position is made.

The studies of MACD indicated that the early signals or divergences occurring between the market price and the technical indicator. If the trends displays positive and makes higher lows whereas the prices are still summing up then this point indicates that there is a strong buying signal. On the other hand, if the MACD makes inferior highs whereas prices are making new highs, this trails towards a strong bearish divergence and indicates a sell signal.

Thus, we can see that the technical indicators of using MACD for deriving trading signals prove to be most useful for making trade positions depending on the buying and selling signals and the appropriate timing displayed to the traders.

General Forex

Forex Trading Psychology Learn to See The Line Between The Trading Plan And Your Emotional Impulses

Forex trading market is a very well-known market. It is very important to understand everything about the market before entering into it. You can find many of pivot points, charts, trend lines, moving averages, and all types of the Fibonacci ratios simultaneously with the latest in the trading automation. Any of the forex website publishes all these data or some of these with the myriads of other details, opinions and interviews.

You might also get the support and resistance levels, entry and exit signals, all of which can appear as adequate in decision making process. If you are attentive of the importance of having a strict trading plan to start, then you should be known with the moments of doubt when the following the market goes awry, opening of trade, together with your self-esteem and emotions.

The trading books and videos will help you in knowing the forex trading market. As we trade, all our experiences are increased. Experience is also good for efficient trading. Since the forex trading market is extremely volatile and liquid market, the forex trading market goes on changing and changing all the time. With its unstable nature it is better that the trader should also accept it.

You should take your time to learn as how to understand the charts, preparing yourself accordingly to the economic calendar and make your trading plan to follow it strictly. Your emotions should not be present in the economy of trade.

As you progress along the path of becoming a professional Forex operator, your unseen analyst will start adjusting your trading decisions, silently participating in your trading decision process. Your emotions should never be present in forex trading. In fact, you should not give any place to your emotions in forex trading. That is why it is better to learn to see the line between the trading plan and your emotions impulses.

Emotions have no place in for successful forex trading. If a trader wants to be successful then he must dominate his emotions while trading in forex. In simple words, there should be no sorrow for in a loss and no joy in profit. There should be no joy in profit because if we enjoy the happiness of profit in forex trading then they joy will turn into sorrow when you will not make profit.

The very first step in forex trading for success is emotional control. Without emotional control there will no one to help you in forex. The trader has to himself help his own self from emotions to operate successful forex trading. By this way you can cope with psychological pressures.