Monday, June 22, 2015

Software for trading (signals, advisers, robots)

advisors.instaforex.com

 advisors.instaforex.com is the resource for you to find comprehensive information about expert advisors (EAs), regardless of whether you are a beginner or professional. What is more, there is a section of guidance on MQL4 programming of EAs on your own for a certain trading strategy or style.

forexanalytics.org - Free Forex signals


Forex Analytics portal provides free Forex signals for 10 currency pairs for European and North American sessions! Besides, on the website you can find Forex news, reviews, books, forum, and chat – everything for Forex traders of any level of experience. It is one of the best Forex resources! No other portal offers such information for free. Due to their effectiveness, Forex signals contribute to a feeling of confidence on Forex. You will get answers to your questions from one of the best Forex traders in Russia!

MyDigiTrade - Automated Trading
MyDigiTrade is one of the latest, innovative and most powerful platforms that allows copying deals of professional traders online to your brokerage account with InstaForex. There are Forex experts, traders and investors among our users.

What is Signal Trader?

I.S. Signal Trader was established in order to provide the best possible automated mirror trading solution, bridging the gap between people with an interest in trading and market experts.
 Signal Trader offers users an innovative solution for automated trading across the full range of financial instruments, enabling users to fully automate their trading by mirroring the trades of expert traders who trade with their real trading accounts.

Saturday, June 20, 2015

Forex Tutorial: What is Forex Trading?


What Is Forex?
The foreign exchange market is the "place" where currencies are traded. Currencies are important to most people around the world, whether they realize it or not, because currencies need to be exchanged in order to conduct foreign trade and business. If you are living in the U.S. and want to buy cheese from France, either you or the company that you buy the cheese from has to pay the French for the cheese in euros (EUR). This means that the U.S. importer would have to exchange the equivalent value of U.S. dollars (USD) into euros. The same goes for traveling. A French tourist in Egypt can't pay in euros to see the pyramids because it's not the locally accepted currency. As such, the tourist has to exchange the euros for the local currency, in this case the Egyptian pound, at the current exchange rate. 

The need to exchange currencies is the primary reason why the forex market is the largest, most liquid financial market in the world. It dwarfs other markets in size, even the stock market, with an average traded value of around U.S. $2,000 billion per day. (The total volume changes all the time, but as of August 2012, the Bank for International Settlements (BIS) reported that the forex market traded in excess of U.S. $4.9 trillion per day.) 

One unique aspect of this international market is that there is no central marketplace for foreign exchange. Rather, currency trading is conducted electronically over-the-counter (OTC), which means that all transactions occur via computer networks between traders around the world, rather than on one centralized exchange. The market is open 24 hours a day, five and a half days a week, and currencies are traded worldwide in the major financial centers of London, New York, Tokyo, Zurich, Frankfurt, Hong Kong, Singapore, Paris and Sydney - across almost every time zone. This means that when the trading day in the U.S. ends, the forex market begins anew in Tokyo and Hong Kong. As such, the forex market can be extremely active any time of the day, with price quotes changing constantly. 

Spot Market and the Forwards and Futures Markets 
There are actually three ways that institutions, corporations and individuals trade forex: the spot market, the forwards market and the futures market. The forex trading in the spot market always has been the largest market because it is the "underlying" real asset that the forwards and futures markets are based on. In the past, the futures market was the most popular venue for traders because it was available to individual investors for a longer period of time. However, with the advent of electronic trading, the spot market has witnessed a huge surge in activity and now surpasses the futures market as the preferred trading market for individual investors and speculators. When people refer to the forex market, they usually are referring to the spot market. The forwards and futures markets tend to be more popular with companies that need to hedge their foreign exchange risks out to a specific date in the future. 


What is the spot market?
More specifically, the spot market is where currencies are bought and sold according to the current price. That price, determined by supply and demand, is a reflection of many things, including current interest rates, economic performance, sentiment towards ongoing political situations (both locally and internationally), as well as the perception of the future performance of one currency against another. When a deal is finalized, this is known as a "spot deal". It is a bilateral transaction by which one party delivers an agreed-upon currency amount to the counter party and receives a specified amount of another currency at the agreed-upon exchange rate value. After a position is closed, the settlement is in cash. Although the spot market is commonly known as one that deals with transactions in the present (rather than the future), these trades actually take two days for settlement. 

What are the forwards and futures markets?
Unlike the spot market, the forwards and futures markets do not trade actual currencies. Instead they deal in contracts that represent claims to a certain currency type, a specific price per unit and a future date for settlement. 

In the forwards market, contracts are bought and sold OTC between two parties, who determine the terms of the agreement between themselves. 

In the futures market, futures contracts are bought and sold based upon a standard size and settlement date on public commodities markets, such as the Chicago Mercantile Exchange. In the U.S., the National Futures Association regulates the futures market. Futures contracts have specific details, including the number of units being traded, delivery and settlement dates, and minimum price increments that cannot be customized. The exchange acts as a counterpart to the trader, providing clearance and settlement. 

Both types of contracts are binding and are typically settled for cash for the exchange in question upon expiry, although contracts can also be bought and sold before they expire. The forwards and futures markets can offer protection against risk when trading currencies. Usually, big international corporations use these markets in order to hedge against future exchange rate fluctuations, but speculators take part in these markets as well. (For a more in-depth introduction to futures, see Futures Fundamentals.) 

Note that you'll see the terms: FX, forex, foreign-exchange market and currency market. These terms are synonymous and all refer to the forex market.


Thursday, June 18, 2015

Forex Trading Strategies Reviews

Countless Forex trading strategies have been invented over the years, some relying on technical use of charts and numbers and others relying on a fundamental understanding of the market with reference to current events. Some have become very popular while others are only used by a minority of traders.These trading strategies range in different levels of complexity. We will now discuss some of our expert’s favorite strategies starting with a rather simple one and moving up the complexity scale as we go along.

2. Support and Resistance Levels Forex Trading Strategy

Every forex trader, advanced or novice, should learn how to look for support and resistance levels on the charts. It doesn't matter if you trade Forex, commodities, stocks or any other instruments, this strategy will serve you as a baseline for your trading activity and analysis. The best thing about support and resistance levels is that a good trader can spot them even on a "naked" chart since they are easy to identify.
3.Fibonacci Indicator Forex Trading Strategy

One of the most famous and popular forex trading strategies is Fibonacci, named after the famous Italian mathematician. Considered as a medium-long term trading strategy, we use it to follow repeating support and resistance levels. History shows that the market moves in waves and Fibonacci takes advantage of this fact. Fibonacci ratios can help us identify potential resistance and support levels on the financial charts. The most common ratios are 61.8%, 50% and 31.8%.

4. Multiple Time Frames Forex Trading Strategy

We at FX Market Leaders love to use this method to double-check the trading decisions that our analysts take. The way to use this trading strategy is to follow a certain currency pair over different time frames. By analyzing different time frames we can spot trends on bigger and smaller scales and make a better analysis of the overall trend. While there is no limit on how many time frames to follow, we recommend to look at not more than 3-4 time frames simultaneously. A good combination can be 15 minutes chart + 30 minutes chart + 5 hours chart.

5. Scalping - Short Term Forex Trading Strategy 

Many novice forex traders find scalping to be a great technique. Scalping is a very low-risk strategy but nevertheless allows a strong trader to make enormous profits. This trading strategy requires a great amount of patience and awareness and although it is low risk it is still very hard for novice traders to profit from it. Emotions must be set aside as they lead to compulsive actions which do not work with scalping at all.

6. Horizontal Levels Forex Trading Strategy

Understanding horizontal levels is considered by many as one of the first things that a novice trader should learn. Horizontal levels help us analyze the charts and are mostly used in combination with other Forex trading strategies, but can also be used on their own as a standalone method for trading.

7. ADX (Average Directional Index) Forex Trading Strategy

This unique indicator works a bit differently from the rest of the FX indicators that traders usually use, because it indicates the strength of a market trend, and not its direction. We believe that it is a great tool for traders who are a bit more advanced and wish to get an extra help for their trading decisions from an additional indicator. The reason for its popularity is that we know that by placing a trading position at the same direction of a strong, solid trend, we increase our potential for earnings while at the same time we reduce the level of risk that we take.

8. Carry Trade Forex Trading Strategy

If you are an advanced trader who is looking for an alternative way to profit from your trade on the long run, then Carry Trade might be a good technique for you. In our article about carry trade we explain thoroughly how to use carry trade so you will be able to understand the concept behind this strategy.

9. Candlestick Forex Trading Strategy

Candlestick charts are the most common chart types used by retail traders and investors. There are other types of charts such as line charts, bar charts etc., but they don't tell the story of past price action like candlesticks do and when trading is based on technical analysis, the decisions for future price action are made based on how the price has reacted in the past. I find candlesticks to be very useful and they are one of my favorite indicators. They work almost perfectly in volatile times, but even in less volatile times they work pretty well if used in combination with one or two other indicators.

10. Head and Shoulders Forex Trading Strategy

Head and shoulders or as they appear on the Forex jargon “Shampoo” because of the shampoo with the same name, are one of many recognizable and tradable chart patterns. It consists on a high peak in the middle and two double peaks either side of that one. The higher peak is the head and the other two lower ones are the shoulders. The pattern itself looks like a head between two shoulders, hence the name.

11. Trend trading Forex Trading Strategy

FXML’s top analysts use trend trading as one of their leading trading strategies and always check which side of the trend they are on before making a trade or signal. The main idea behind ‘Trend Trading’ is picking a top or a bottom. Novice traders tend to think that trend trading is easy; just find the trend and trade alongside it. In practice, it’s not that easy, as with all other aspects of this game, many dilemmas pop up
when trying to identify the trend.

12. Divergence Forex Trading Strategy

 Divergence is a leading indicator used by our analysts at FXML and helps to significantly increase profits. The likelihood of entering in the right direction at the right time increases if used alongside other indicators such as Moving Averages (MA), RSI, Stochastichs, Support and Resistance levels etc.

13. Trading the News Forex Trading Strategy

 Big announcements or news coming out of different countries can have a huge effect on the market, rendering all our analyses meaningless. In this article you will learn how to use the news in order to make profit.

14. Hedging Forex Trading Strategy
 Traders of the financial markets, small or big, private or institutional, investing or speculative, all try to find ways to limit the risk and increase the probabilities of winning. There are many Forex trading strategies out there and hedging is one of them. In fact, hedging is one of the best strategies to do just that, that's why many large institutions use it as a mandatory component of their tactics.

15. The Strategy to Trading majors in 2015
 Big investors, hedge and pension funds as well as good traders lay out plans and strategies in advance, usually before the quarter or a new year begins on both, fundamental and technical outlook. So we are suggesting a strategy to figure out 2015 in advance.

16. Trading moving averages
As traders, we have to take into consideration many things. We have to implement different factors and indicators in our analysis in order to succeed in this business, no matter if you trade short or long term. These might be fundamental indicators, technical indicators, or both. On the other hand, we shouldn´t overcrowd the charts with too many indicators that will contradict each other and cloud our judgment.

17. Trading the Market Sentiment
 We all know that trading in the Forex market is not easy. Sometimes every technical indicator points to a certain direction but the market moves in the other direction. Other times the fundamental outlook of an economy is very bearish for the currency of that country, yet it keeps moving higher against other currencies.

18. Triangles and Wedges strategy
 We have covered most of the important technical chart patterns in our strategy section during 2015. There are still some strategies left though. “Triangles” and “Wedges” are two of the 10 most important chart patterns and in this article we´ll explain how to trade them. It´s true that they are different patterns, but they are very similar so we´ll teach both of them in one article.

19. Creating a trading plan- Part 1
 We have heard many times that new Forex trader's fail 80% of the time. That’s because many beginners start trading without a clear plan. A premeditated plan is crucial when you trade. It´s like going to war without an attack and a defense plan. Before you go into a battle you assess your capability, your strengths and your weaknesses. The same logic applies to Forex, you prepare a plan that helps you base your trading on your strongest features and avoid the weak ones.

20. Creating a trading plan- Part 2
 A little while back, I wrote about how to build a trading plan. The trading plan is very important so we thought it would be better if we only published half of it, the first part. It would give you some time to practice the first two steps, your available funds and your available time. This week we are publishing the second part of the trading plan with the two remaining steps.

21. Elliot Wave Theory: The background
 New strategies breathe life into the market, so we are presenting the ‘Elliot Wave Theory’, named after Ralph Elliot. Having nothing in particular to fill his days, Elliot turned his attention to the stock market behavior and developed his theorem in later stages of life. Born an accountant, but retired at age 58 after catching a virus from a trip to South America. This is one of the oldest trading strategies, first published in 1938 as a book under the name ‘The Wave Principle’.

22. Trading with the Elliot Wave Theory: Part 2 
 A couple of weeks ago we published an article where we explained how the Elliot Wave Theory was developed and how it worked. When used alone as a principle it’s useless unless implemented in everyday trading. So this week we will explain how to trade with the Elliot Wave Theory (EWT), after all that´s what we need it for! When you use EWT you trade the probability which this system offers;

23. Trading with Ichimoku 
 The Ichimoku Strategy is an abbreviation of the Ichimoku Kinko Hyo, which was developed by a Japanese journalist named Goichi Hosoda in the 1960s after 30 years of working within this indicator. This technique has been popular in Japan for quite some time now and it has gained popularity in other parts of the world as well. 

Monday, June 15, 2015

Profitable Forex Trading Strategies - Best Bank and Hedge Fund Trading Systems Revealed


This video looks at bank and hedge fund strategies and the secret they use to make billions in profit per year. If you are looking for a profitable trading strategy, you want to learn from them and do the opposite and this video will explain why...

Saturday, June 13, 2015

Trading Forex for Beginners - The Basics


I show am example of a simple trade, what traders look for, and how you can make money of trading currencies. I also show how to execute stop-loss and limit orders to protect profits and losses.

Sunday, June 7, 2015

Free Forex Trade Signals Service - Watch How We Sold The EUR/USD


In this video we show how we sent a trade signal to our pro forex alerts members on a Friday, price took our trade in Sunday evening when the Asian Forex market hit and and hit our profit target within a few hours. We show you step-by-step why we took the trade, why we placed our stops where we did and why we setup our profit target.

Saturday, June 6, 2015

Trading Emotions & Psychology - Forex The Secret of Getting a Winning Psychology


This is an excellent documentary on why, emotions cause most traders to fail and how to avoid the mistakes of the losing majority. Learn how to get a winning trading psychology. The documentary shows you how to avoid the mistakes of the majority and get the right mindset, to make money trading Forex. Learn to trade like the worlds best professional traders...

Friday, June 5, 2015

Forex Trading Simple Strategies, I Made $11000 in 3 months


Forex. With my simple strategies I made $11.000 in 3 months trading $1000 account. I trade with broker http://www.tallinex.com/?i=100674 My Forex blog - http://jannafx.com Trading Statement - http://jannafx.mtrocket.com. Forex Trading Systems that Work! I'm not a guru, just a part-time trader. Subscribe http://www.youtube.com/user/myobcom Turn ON annotations.
Risk warning: Trading foreign exchange and futures on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you, as well as to your advantage. Before deciding to invest in foreign exchange or futures, you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange and futures trading, and consult with an independent financial advisor if you have any doubts.

Thursday, June 4, 2015

Forex trading strategy: Cross Market Index. Network approach.





Sergey Kamenshchikov PhD / Senior analyst at IFC Markets | Charles Dow postulates assume that a price of a trading instrument reflects all fundamental data instantly. However market efficiency may be preserved partially due to inertial properties. In this case a trader has to take into account related markets when opening a position: network effect arises. Below we represent a plain FX D1 trading system based on two currency indexes and classic ParabolicSAR indicator. After indexes are incorporated in a single platform a trader obtains an opportunity to analyze EUR/USD currency pair, EURi and vs USDi simultaneously at one screen and one time frame. A conservative trading idea is simple: EUR/USD long (short) position should be opened if EURi and vsUSDi give bullish (bearish) signals simultaneously. If inconsistency occurs and signals of two indexes differ then the opened position should be closed immediately. This strong signal shows us inefficient market stages when all players move as a whole. Our hypothesis is that this property may be used for effective trend following.

Wednesday, June 3, 2015

Three Simple Forex Trading Strategies | FXCM.com



As you progress in your trading you will come to realize that the simplest strategy is often best. Trading with a simple strategy allows for quick reactions and less stress. 

If you're just getting started as a forex trader, you should seek the most effective and simplest strategies for identifying trades and stick with them. 

This video outlines three simple forex trading strategies to include in your arsenal:
• News Fade
• Inside Day Breakout
• 2-Hour MACD Crossover 

Remember, no strategy is perfect or will work every time. Get a free FXCM demo account to test these and other trading strategies before you use them with a live account.

Tuesday, June 2, 2015

Forex Trading: What's the Secret?


In todays FMP what I want to talk with you about is following a set of rules. There are a lot of ways to make money as a forex trader but you MUST have a plan that is profitable and you MUST follow that plan every single day.

Monday, June 1, 2015

Finding the Best Forex Trading Software - FAQ

Forex trading software intended for the personal forex trader comprises a rapidly-growing segment of the forex industry. A number of different types of forex trading software have found their way into widespread usage among personal forex traders.

Common forex trading software types include:
Trading Platforms - allow for the manual management and execution of forex trades.
Technical Analysis Software - provides charts of historical exchange rates and technical indicators.
Trading Signal Generators - provide recommended levels at which forex traders can initiate and close out positions; and
Automated Forex Trading Software or Forex Robots - execute trades automatically based on a pre-programmed trading algorithm.

How do you go about finding the best forex trading software? Well, perhaps the best idea would be to download a few representative programs and try them out within their return period to see what works best for your needs. If the software does not suit your purposes well, then submit a refund request. Another way to do some advance research on forex trading software would involve reading online product reviews and discussion forum postings from users of the software.

To assist you further in the process of finding the best forex trading software, the FAQ terms defined below provide a useful list of items that you can take into consideration when shopping for forex trading software online.

Stock.com Review


History and Background

STOCK.com is one forex site that does not take any shortcuts when it comes to providing useful information, training materials, and technical tools to enhance your personal trading experience. And, you not only have the ability to trade major currency pairs, but you can also dabble in the latest CFDs for stocks, bonds, commodities, and indices. Daily commentary and market news flashes guide your activities, along with a broader than average assortment of educational materials and trading strategies to help you realize your path to success.  STOCK.com is a trading name of Leadcapital Markets Ltd, an investment company authorized and regulated by the Cyprus Securities and Exchange Commission (“CySEC”) under license number 227/14. Headquarters reside in Limassol, Cyprus. Unfortunately, U.S. clients are not accepted at this time.

STOCK.com provides the standard versions of the Metatrader4 series and beyond to ensure a familiar look and field for its forex clients. Protocols come in either the downloadable or purely online styles, with mobile apps available for those traders on the go. Automated EAs can also be deployed, and you can be confident that whatever trading tools or indicators are preferred, they will be available at your fingertips. With over 270 asset choices offered, you will have no difficulty in finding your favorite avenues of attack. Spreads are highly competitive, and leverage as high as 200:1 is the rule, but it may be less, depending on the type of asset chosen. There is only one account classification to deal with, and a free demo account is standard issue.

For your peace of mind, STOCK.com has gone out of its way to comply with several regulatory bodies across the European region. The primary regulator is the Cyprus Securities Exchange Commission (CYSEC), but they also comply with the UK’s Financial Conduct Authority (FCA), by BaFIN in Germany, and the AMF in France. This level of compliance ensures that your funds will be segregated in accounts with Tier 1 banks, in addition to the local Investor Compensation Program that provides protection up to 20,000 Euros. Order execution, privacy matters, and a host of other details will also follow best business practices, another assurance from strict compliance oversight. In summary, STOCK.com has pledged transparency to gain your trust by welcoming multiple third-party validations of their worthiness to be your forex broker.
Features

Why trade with Stock.com? The firm lists these reasons:
Headquartered in Limassol, Cyprus;
CySEC, FCA, MiFid, BaFin and AMF regulatory compliance and licensing across the whole of Europe;
Over 270 asset types in their portfolio: Currency Pairs (45); Stocks (180); Indices (26); Commodities (15), and Bonds (5);
Metatrader4 software platforms, both downloadable and online versions;
One account classification, including a free demo account;
U.S. clients not accepted at this time;
Minimum Deposit is $250 (Promotional bonuses may also apply);
Tight spreads and no commissions;
Leverage varies by asset type, but can be as high as 200:1 with forex pairs;
Automated EAs supported;
Education Academy includes learning materials and strategy tips for all levels, enhanced by current news, commentary, and trading tools;
Client deposits segregated from operating capital in Tier 1 bank accounts and protected by the Investor Compensation Fund up to 20,000 Euros;
Deposits and withdrawals: Credit Cards, Debit Cards, Bank Wire Transfers, Western Union, Skrill (Moneybookers), Neteller, and many other local payment methods;
Customer service is bilingual and can be reached “24X6” via email, fax or direct phone line.

Spreads and Leverage

The firm professes tight spreads, with no commissions. Actual spread values are not posted due to the fact that the broker offers over 270 asset choices. Spreads will vary due to market conditions, and consistency worthy of publishing over so many asset types is unheard of. STOCK.com does suggest 0.2 pips for the EUR/USD pair, with leverage as high as 200:1, but leverage also varies by asset type.

Platform

The popular Metatrader series of trading platforms are deployed by STOCK.com, thereby ensuring familiarity, as well as easy order execution and the latest in risk management and technical tools available. You may download the desktop set of protocols or you may choose to use the online, mobile app supported, software. The learning academy also includes a MT4 primer, so that you can enjoy the full capabilities of this highly touted system. Trading sessions and personal data are fully encrypted, using the latest in 128-bit SSL technology..


Deposits and Withdrawals

Deposits and withdrawals are a snap, using a number of familiar methods. These include Credit Cards, Debit Cards, Bank Wire Transfers, Western Union, Skrill (Moneybookers), Neteller, and many other local payment methods. Withdrawal requests will be handled quickly within 24 hours, but only if internationally mandated identification information is on file and in order.

Beginner's and Customer Support

Customer service representatives can be accessed “24/6” (from Sunday 22.00 GMT to Friday 22.00 GMT). Access methods include email, fax or by telephone. Several “in country” telephone lines have also been put in place for your convenience across Europe in key countries. Learning materials are extensive and include strategy tips, enhanced by current news, commentary, and trading tools. The strategy sections, however, require registration to access.

Conclusion

The management team at STOCK.com is dedicated to providing a higher level of service than most brokers on the scene today. Their commitment is evidenced by their stated objective: “Our goal is to provide first class education, timely and actionable information on events that are affecting global markets and access to a wide range of trading products, making STOCK.com one of the few one-stop trading sites in the industry.” This firm has removed the confusion of multiple account classifications and focused on giving every trader what he really needs: asset choices, current information and commentary, price transparency, strict regulatory oversight compliance, and a fully loaded trading platform that seals the deal. But whatever measure you prefer, STOCK.com truly scores well up above the pack of other industry offerings.

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