Forex terms

Technical Analysis

• is an analysis in Forex trading to measure price movements over the price graph. The things that should be known from this technical analysis is the trend, saturation, support, ressisten, and Pivot Points.

Fundamental Analysis

• is an analysis in Forex trading to predict price movements based on fundamental news. News here in the form Fundamental economic news, affiliated, and security that affect price movement.

Forex Analysis

Daily Forex Analysis – January 22, 2010

USDCHF Analysis.

• Being contained by 1.0507 previous high resistance, USDCHF pulled back from 1.0495, suggesting that a short term cycle top is being formed on 4-hour chart. Sideways movement above the rising trend line is expected in a couple of days. The fall from 1.0495 is more likely consolidation of uptrend from 1.0132, as long as the trend line support holds, we’d expect uptrend to resume and one more rise towards 1.0600 is possible after consolidation.

Averaging Techniques

Averaging is a technique to minimize unwanted risk by opening another position with the same direction at different price level.
Averaging strategy’s objective is to minimize risk by averaging more than 1 positions which are opened at different prive levels.

What are the benefits of forex trading

• Two way opportunities, that means you can earn profit from upward or downward price movement. For example if you buy (go long) and the price moving upward, you will be in profit. and the otherway, if you if you sell (go short) and the price moving downward, you will be in profit
• Extreme liquidity of the market. Forex is the most liquid market in the world, and that means you can buy or sell anytime you want
• Long trading hours, Forex allows you to trade 24 hours a day and 5 days a week (except on weekends).
• Leverage to amplify your profit, you can use a relative small quantity to trade bigger amount (usually from 1:50 up to 1:500) for example you have $100, without leverage your profit is only $0.01 but with 1:100 leverage your profit will be $1. (leverage makes your profit 100 times bigger, this also applies to loss).
• Free of comission, Relative Low Spread Cost, usually online forex brokers offer you comission free trading, no brokerage fee, no exchange fee, and smaller trading transaction cost.
• Flexible Trading Lots, you can trade rather standard lot (100K), mini lot (10K), or even micro lot (1K)
• Automated / Robot Trading, some trading platform such as Metatrader enables automated trading

Advantages and disadvantages of the use of Forex Robots

Advantages and disadvantages of the use of Forex Robots

People always read and read lots of articles and several pages of information that most of the time lead to no conclusion, or to be more specific, simply lead to nothing. So what I’m gonna do is focus all these well and bad, but still useful, written information about Forex Robots to bring my readers what I think are the most relevant, nice and ugly, things about these controversial systems, called Forex Robots.

I’ll start by pointing out the disadvantages of the use of Forex Robot:

1. They could be very expensive.
2. There’s a huge range of different robots to choose from, which can make users to have a really hard time choosing the one that’s right for them.
3. People have to leave their computer turned on all day or pay for a VPS (Virtual Private Server) so that the robot works at its best performance.
4. Doesn’t run on every broker, which could limit your earnings.
5. Configuring the robot for its best performance could be problematic and depends on what currency pair the user is trading.
6. Intervene in the robot’s performance may cause its malfunction and turn into losses for the user.
7. Most of them can’t trade on days of high volatility.

After looking at this horrifying number of bad things about robots, let’s take a look to the advantages they have to offer:

1. There’s no need to know anything about the Forex Market (although this is not recommended at all).
2. Because it is a software, the robot can trade 24/5 which keeps you away from missing good trades.
3. Can be used in more than one account at the same time (Multi-trade).
4. Almost every parameter can be configured depending on the robot (from starting investment to stop loss and more).
5. Can trade with every currency pair depending on the robot.
6. Most of them can be tested and returned the first 2 months.
7. Forex Robots base their decisions on math and statistics, not feelings.

At this point, the numbers are even, but by reading both, advantages and disadvantages, carefully it can be seen that it’s not numbers what matter, it’s the strong of what they can and can’t offer, so the conclusion is up to you. I’ll finish this article by recommending the use of Forex Robot, particularly this one: FAP Turbo (We actually use this Forex robot making a good amount of profits. This robot have one year in the market making profits.); and for those that refuse to use these impressive systems they can always learn to do this job by themselves like pros, and one step to do it is by joining HectorTrader Forex Course.

Tricks Without Using Forex Trading Indicators

Tricks Without Using Forex Trading Indicators

Here I try to play in pairs EUR / USD with a runner method without using any indicators, and the results are quite rare loss here about - about 85% profit.
Without a longer length, the next trick that I use:

• Pairs EUR / USD
• Left tradding think - about starting at 08.00 or more.
• Note the movement of High & Low price of the day (usually at an hour much for the difference in price is still small).
  
• What we do next is a pair of pending orders (buy stop / sell stop) at two positions buy & sell by looking at the movement of high & low price. Suppose the current price is 1.5460, 1.5470 high and 1.5455 low. What we do is click on pairs EUR / USD to conduct a transaction, and then take buy position stop and fill rates with +25 price of high price above. Jd price for the buy-stop price we fill 1.5495 (1.5470 +25). Henceforth we take another position in the sell-stop and fill price with prise of -25 on the low price. So the price for the sell stop price we fill 1.5430 (1.5455-25). to stop loss of our content to exit 20 and our target 20-60 content. If you always look better price gak pake not exit the target to maximize your profit and stop loss is always better in content to limit our losses possible.
• We sudang placed two orders pending buy & sell stop next stop we wait until one of us touched pending orders, if the price moves up to 1.5495 then we'll buy orders are executed and vice versa if the price moves down beyond 1.5430 then we'll sell orders are executed.

Why do I use this trick? due to the currency pair EUR / USD price movement is not wishy - washy, yes naek once sky-high straight, and once down it drove away. Usually EUR / USD if the price had moved up / down 25 pips from the open market will soon open buy / sell up to 20-60 pips.

So without using a single indicator we can still trade with profit rather jolly per day. Good luck good luck .....

Online Forex Trading (Valas Online) is a high-risk jobs?

Usually people who suffered heavy losses in the forex world is greedy and wants to get rich quickly without taking into account the risks. Because foreign exchange is actually a business that requires patience, practice analyzing the market, and risk management. The more often you practice, the more adept you will analyze the market, and I guarantee you will not want to work longer a slave to money, but money will work for you. In forex you can determine how much profit will you earn and how much loss you can bear. So the point is that "actors" behind him. Not high-risk forex, but how the style of the traders themselves.

Why you should Learn Forex Online (Forex Online)

1. You are your own boss and no employees will be forever
2. You can make forex as the main jobs (full-time business)
3. Can make money no matter where you are, as long as you have a computer and internet network
4. You can define yourself when you want to work and how long you worked
5. Initial capital is relatively small compared to other businesses
6. You can limit risk and maximize profit
7. You can determine how much you will get from this business
8. There are many online forex brokers provide commission-free facilities, the minimum capital is relatively small, small spread, etc..