You really need to be careful and be disciplined in Forex trading, especially in making entries. A careless decision will suddenly revert what should have been profits into high-risk losses – an every traders’ nightmare. Here are some of these mistakes that you need to avoid from:
Fear and indecisiveness
Never hesitate nor panic when making a trade. You should be calm, confident and gutsy to avoid leading to bad decisions and huge money loss. Though building a tough character is not an overnight process, you may study and correct all of your past decisions as time goes by. The best tactic to build up is being able to create an environment in which you can convince a trader to trade with you again.
Forcing Out Trades
Intentionally trying to squash out a trading signal that isn’t even there is your ticket to financial disaster. It is important to keep in mind that some days there are numerous signals that explode and at times there is nothing at all. You should always ask yourself if a particular trade makes sense or you are simply forcing it.
Anticipation of a Move
Verification can save you from the pitfalls of losing a huge amount of money. Always wait for a confirmation before you plunge-in to a trade. You should only trade what you see and not what you think.
Veering-Away from a Trading Sketch
Every trade entry made without a preset criteria is most susceptible to failure. You should stick to a trading sketch. You need to know precisely what to buy or sell and patiently wait for the right moment.
Being greedy, impulsive and too emotional should be avoided. Impulsively chasing the market and dumping your regulations too soon after a couple of loses will hurt you up to the last cent that you got. Abandoning your mind while trading is the same as burning all your money in the air.
Careful understanding and analysis of entries will be just be put to waste if other important aspects are ignored, such as full understanding of patterns and mechanical analysis, stop loss, strict discipline and thorough planning based on skill. However, managing your entries will help improve your self-awareness and enhance your decision-making.
Sunday 5 September 2010
Things You Ought To Know About Forex Robots
Forex trading often involves huge volumes of information – keeping records of past and current trends and risking sums of money for an uncertain profit. An automation of the process is definitely very much welcomed. Conventional trading is vulnerable to mistakes and failures. That is why the introduction of Forex robots in the market has gained some favourable responses.
Many traditional Forex traders are now leaving behind the old, manual system and substitute it with a more accelerated process through the use of robots. With Forex robots, the daunting task of buying currency and selling it at a specific time for a higher price can now be done by mere beginners and those technology-challenged individuals in the Forex industry.
Forex robots are created for a hassle-free trade in a constant and fluctuating market patterns. To execute the idea of making trading process less difficult, Forex robots are commonly designed simple and easy to understand. Using artificial intelligence system, Forex robots can carry out researches on the current and past market trends without the need to watch them over time. They work like fortune tellers in the Forex market as they are able to forecast market trends and tell you the right time to invest.
One thing you should keep in mind before purchasing any Forex robot is that it cannot make you a millionaire overnight. Claims of making you rich in just a couple of hours is mere exaggeration. Such claims are more likely to be scams.
You need to try some demo accounts first. In such a way, you can familiarize the features of the product before engaging with real money in the Forex market. Examine how the program works. You have to identify its key strengths and weaknesses as these vary from one Forex robot to another. Test it for about two months and see how it reacts to different market environment.
Customer support is very important. This is to ensure that any issues about the program would be immediately addressed.
You should also seek for expert opinions. You may surf the Internet for forums discussing currency trading and learn from other people who have purchased the software. Do not be easily fooled by incredible success stories that seem too good to be true because they are possibly scams.
If you have checked its performance and you don’t like it, don’t buy it or return the product to get your money back. Remember that your Internet connection can affect how your system works. If your bandwidth is experiencing problems, most likely it will also affect how the signals are being detected and interpreted. You should have a broadband connection or a hosting service to assure better performance from your Forex robot.
Make sure that your Forex robot is in its current version. No one wants an outdated and obsolete robot that would provide inaccurate information. You may check the website of your software if it is updated to guarantee that your Forex robot is in its latest version.
Many traditional Forex traders are now leaving behind the old, manual system and substitute it with a more accelerated process through the use of robots. With Forex robots, the daunting task of buying currency and selling it at a specific time for a higher price can now be done by mere beginners and those technology-challenged individuals in the Forex industry.
Forex robots are created for a hassle-free trade in a constant and fluctuating market patterns. To execute the idea of making trading process less difficult, Forex robots are commonly designed simple and easy to understand. Using artificial intelligence system, Forex robots can carry out researches on the current and past market trends without the need to watch them over time. They work like fortune tellers in the Forex market as they are able to forecast market trends and tell you the right time to invest.
One thing you should keep in mind before purchasing any Forex robot is that it cannot make you a millionaire overnight. Claims of making you rich in just a couple of hours is mere exaggeration. Such claims are more likely to be scams.
You need to try some demo accounts first. In such a way, you can familiarize the features of the product before engaging with real money in the Forex market. Examine how the program works. You have to identify its key strengths and weaknesses as these vary from one Forex robot to another. Test it for about two months and see how it reacts to different market environment.
Customer support is very important. This is to ensure that any issues about the program would be immediately addressed.
You should also seek for expert opinions. You may surf the Internet for forums discussing currency trading and learn from other people who have purchased the software. Do not be easily fooled by incredible success stories that seem too good to be true because they are possibly scams.
If you have checked its performance and you don’t like it, don’t buy it or return the product to get your money back. Remember that your Internet connection can affect how your system works. If your bandwidth is experiencing problems, most likely it will also affect how the signals are being detected and interpreted. You should have a broadband connection or a hosting service to assure better performance from your Forex robot.
Make sure that your Forex robot is in its current version. No one wants an outdated and obsolete robot that would provide inaccurate information. You may check the website of your software if it is updated to guarantee that your Forex robot is in its latest version.
Seven best ways to Avoid Huge Risks In Forex trading
Forex market is a challenging and risky market, but there are a few steps you can follow in order to decrease your risk in Forex:
1 – Always use a stop loss. This stop loss can be a mental point when you decide that you’ll exit the trade, or a stop loss order that you place on your broker. No matter what your choice is, a stop loss point is a good way to avoid high risks. It allows you to avoid fear and greed, and to cut your losses before they rip off your account.
2 – Use risk management rules. Don’t risk more than 5% of your account in a single trade. If you risk too much, you can suffer big losses in a matter of days or even hours. If you decide to risk no more than 5% of your account in a single trade, you won’t lose all your account unless you lose more than 20 times in a row.
3 – Trade with a solid and reliable broker. If you choose the wrong broker, that’s enough to be in a high risk situation. Don’t ever trade with unregulated brokers or brokers that trade against their clients. Make sure you trust your broker (and that you have good reasons to do so) before you open an account.
4 – Avoid trading during news releases. If you’re trading during a major economic release, you’re taking some high risks. The economic release can result in major volatility on the market, and if this volatility goes against your position, you’ll be in trouble. So, if you want to avoid higher risks, don’t trade during news unless you’re an experienced trader.
5 – Avoid day trading. Day trading is the most difficult technique to use in Forex. The market is open 24 hours a day and the day trader has to be experienced in order to manage his trades and to deal with all the stress that comes with day trading. It’s better to start trading in larger time frames so that you can trade with less stress and with better risk/reward positions.
6 – Trade with at least 2:1 risk/reward. This means that for every pip you’re risking, you’ll plan to win at least 2 pips. If your target is at least twice your stop loss, you can be wrong 50% of the times and still make money in the end.
7 – Keep learning and practicing as much as you can. This will allow you to minimize risks and to develop new and powerful strategies to make money on Forex.
1 – Always use a stop loss. This stop loss can be a mental point when you decide that you’ll exit the trade, or a stop loss order that you place on your broker. No matter what your choice is, a stop loss point is a good way to avoid high risks. It allows you to avoid fear and greed, and to cut your losses before they rip off your account.
2 – Use risk management rules. Don’t risk more than 5% of your account in a single trade. If you risk too much, you can suffer big losses in a matter of days or even hours. If you decide to risk no more than 5% of your account in a single trade, you won’t lose all your account unless you lose more than 20 times in a row.
3 – Trade with a solid and reliable broker. If you choose the wrong broker, that’s enough to be in a high risk situation. Don’t ever trade with unregulated brokers or brokers that trade against their clients. Make sure you trust your broker (and that you have good reasons to do so) before you open an account.
4 – Avoid trading during news releases. If you’re trading during a major economic release, you’re taking some high risks. The economic release can result in major volatility on the market, and if this volatility goes against your position, you’ll be in trouble. So, if you want to avoid higher risks, don’t trade during news unless you’re an experienced trader.
5 – Avoid day trading. Day trading is the most difficult technique to use in Forex. The market is open 24 hours a day and the day trader has to be experienced in order to manage his trades and to deal with all the stress that comes with day trading. It’s better to start trading in larger time frames so that you can trade with less stress and with better risk/reward positions.
6 – Trade with at least 2:1 risk/reward. This means that for every pip you’re risking, you’ll plan to win at least 2 pips. If your target is at least twice your stop loss, you can be wrong 50% of the times and still make money in the end.
7 – Keep learning and practicing as much as you can. This will allow you to minimize risks and to develop new and powerful strategies to make money on Forex.
Tuesday 10 August 2010
Manual and Automated FOREX Trading system which is best?
The Forex market is always evolving. In just a decade, it changed from a “private” market where only some special participants were allowed to take part to be an open market that can be traded from anywhere in the world.?
But the changes didn’t stop here. We evolved from manual systems where traders would have to look at their charts during the entire day to the automatic Forex systems, where you just need to leave your computer on and a robot does all the work for you.
Both manual and automatic systems have advantages and disadvantages and you should choose the best one for your own needs.
Let’s start by the manual systems. By using a manual system, usually a trader must understand some concepts about technical and fundamental analysis, about the market itself, among others. This makes you have a longer learning curve but this is what helps you make better decisions.?
Usually, when people say bad things about manual trading they refer to the time spent in front of the computer, just waiting for the right trade. This is in part true; but nowadays, some manual systems already tell you the best hours to trade and they even tell you that if you don’t see one good opportunity in 1 specific hour, then you can turn off your computer for the day. This isn’t a reality for all systems but it’s becoming more common every day.?
The best advantage you have when you’re trading using a manual system is that you’re in control. You control your account, your money, the money you place in a particular trade.
And what about automatic Forex trading systems? If you have a full-time job and just can’t be one hour in front of your computer, that’s probably the best solution for you. But still, you need to be careful with the one that you choose. There are many robots out there that simply don’t have a stop loss placed, or have a bad risk/reward. This may lead you to lose a lot of money fairly quick.?
One of the things that I personally don’t like on certain automatic systems is the fact that they don’t even explain us how they work. The basic assumptions made by the robot to enter in a particular trade may be wrong and may lose money. But not all of them are like this. Some are already stating in what the robots are based (if its only the price, some indicator, etc.).?
Automatic trading systems best advantage is the fact that they don’t require a learning curve. You just install them and they’re ready to do all the work for you.
Choosing between a manual trading system and an automatic trading system may not be easy but it’s essential. No matter which one you choose, don’t forget that you always have free demo accounts to test them and to be sure they’re profitable and consistent before you commit your hard-earned money.
But the changes didn’t stop here. We evolved from manual systems where traders would have to look at their charts during the entire day to the automatic Forex systems, where you just need to leave your computer on and a robot does all the work for you.
Both manual and automatic systems have advantages and disadvantages and you should choose the best one for your own needs.
Let’s start by the manual systems. By using a manual system, usually a trader must understand some concepts about technical and fundamental analysis, about the market itself, among others. This makes you have a longer learning curve but this is what helps you make better decisions.?
Usually, when people say bad things about manual trading they refer to the time spent in front of the computer, just waiting for the right trade. This is in part true; but nowadays, some manual systems already tell you the best hours to trade and they even tell you that if you don’t see one good opportunity in 1 specific hour, then you can turn off your computer for the day. This isn’t a reality for all systems but it’s becoming more common every day.?
The best advantage you have when you’re trading using a manual system is that you’re in control. You control your account, your money, the money you place in a particular trade.
And what about automatic Forex trading systems? If you have a full-time job and just can’t be one hour in front of your computer, that’s probably the best solution for you. But still, you need to be careful with the one that you choose. There are many robots out there that simply don’t have a stop loss placed, or have a bad risk/reward. This may lead you to lose a lot of money fairly quick.?
One of the things that I personally don’t like on certain automatic systems is the fact that they don’t even explain us how they work. The basic assumptions made by the robot to enter in a particular trade may be wrong and may lose money. But not all of them are like this. Some are already stating in what the robots are based (if its only the price, some indicator, etc.).?
Automatic trading systems best advantage is the fact that they don’t require a learning curve. You just install them and they’re ready to do all the work for you.
Choosing between a manual trading system and an automatic trading system may not be easy but it’s essential. No matter which one you choose, don’t forget that you always have free demo accounts to test them and to be sure they’re profitable and consistent before you commit your hard-earned money.
Monday 9 August 2010
Five Important Points you must know about the Foreign Exchange (FOREX)
1. Knowing the Market and Knowing Yourself Better
Forex trading can be very complicated for beginners. There are some who are too caught up in understanding the complexity of the market that before they knew it they already lost a significant amount of money. To grasp the markets, you need first to understand yourself better. The initial step in enhancing your self-awareness is to ensure that your risk tolerance and capital allocation to Forex and trading are not excessive or lacking. Thus, you need to carefully study and analyze your own financial goals before engaging in Forex trading.
2. Set Your Emotions Aside
As much as possible, don’t let your emotions affect your trade decisions. Trade calmly, never plan to take revenge after losing a trade. Avoid adding lots of positions when winning, being greedy may cost you more in return. Being too excited or too nervous may alter the results that you have envisioned. Moreover, over-trading is not the proper way to go. It will just shake your money management and will dramatically increase your trading risks.
3. Follow The Trend
You must consider the trend as your friend. Though going against the trend is not necessarily bad, it is not necessarily good, as well – especially for an inexperienced trader. Trading against the trend requires more attention, sharp skills and nerves in order to pull it off successfully.
For beginners, you need to remember that when a trend is up, stop selling and when the trend is low, stop buying.
4. Keep It Simple
Too much of something, is always bad. Too much information brings chaos to your system and lead you to bad decisions. Organize your thoughts and create a simple working method. Forex strategies don’t have to complicated to be successful.
You have to understand that the simpler your system is, the better it will work and the better results you will get.
5. Working Smart Is Better Than Working Hard
Learning Forex trading doesn’t really matter how many hours you spent on it but on how you utilize those hours efficiently. For beginners, the best thing to do is to start with swing trading and avoid going directly on day trading.
It is common among beginners to make mistakes. However, you may avoid all of these given the right knowledge. If you want to succeed, try to put your efforts in the right areas. Just remember these 5 simple things and be ahead over others.
Forex trading can be very complicated for beginners. There are some who are too caught up in understanding the complexity of the market that before they knew it they already lost a significant amount of money. To grasp the markets, you need first to understand yourself better. The initial step in enhancing your self-awareness is to ensure that your risk tolerance and capital allocation to Forex and trading are not excessive or lacking. Thus, you need to carefully study and analyze your own financial goals before engaging in Forex trading.
2. Set Your Emotions Aside
As much as possible, don’t let your emotions affect your trade decisions. Trade calmly, never plan to take revenge after losing a trade. Avoid adding lots of positions when winning, being greedy may cost you more in return. Being too excited or too nervous may alter the results that you have envisioned. Moreover, over-trading is not the proper way to go. It will just shake your money management and will dramatically increase your trading risks.
3. Follow The Trend
You must consider the trend as your friend. Though going against the trend is not necessarily bad, it is not necessarily good, as well – especially for an inexperienced trader. Trading against the trend requires more attention, sharp skills and nerves in order to pull it off successfully.
For beginners, you need to remember that when a trend is up, stop selling and when the trend is low, stop buying.
4. Keep It Simple
Too much of something, is always bad. Too much information brings chaos to your system and lead you to bad decisions. Organize your thoughts and create a simple working method. Forex strategies don’t have to complicated to be successful.
You have to understand that the simpler your system is, the better it will work and the better results you will get.
5. Working Smart Is Better Than Working Hard
Learning Forex trading doesn’t really matter how many hours you spent on it but on how you utilize those hours efficiently. For beginners, the best thing to do is to start with swing trading and avoid going directly on day trading.
It is common among beginners to make mistakes. However, you may avoid all of these given the right knowledge. If you want to succeed, try to put your efforts in the right areas. Just remember these 5 simple things and be ahead over others.
Monday 28 June 2010
5 important things you must know as a forex trader
1. Knowing The Market and Knowing Yourself Better
Forex trading can be very complicated for beginners. There are some who are too caught up in understanding the complexity of the market that before they knew it they already lost a significant amount of money. To grasp the markets, you need first to understand yourself better. The initial step in enhancing your self-awareness is to ensure that your risk tolerance and capital allocation to Forex and trading are not excessive or lacking. Thus, you need to carefully study and analyze your own financial goals before engaging in Forex trading.
2. Set Your Emotions Aside
As much as possible, don’t let your emotions affect your trade decisions. Trade calmly, never plan to take revenge after losing a trade. Avoid adding lots of positions when winning, being greedy may cost you more in return. Being too excited or too nervous may alter the results that you have envisioned. Moreover, over-trading is not the proper way to go. It will just shake your money management and will dramatically increase your trading risks.
3. Follow The Trend
You must consider the trend as your friend. Though going against the trend is not necessarily bad, it is not necessarily good, as well – especially for an inexperienced trader. Trading against the trend requires more attention, sharp skills and nerves in order to pull it off successfully.
For beginners, you need to remember that when a trend is up, stop selling and when the trend is low, stop buying.
4. Keep It Simple
Too much of something, is always bad. Too much information brings chaos to your system and lead you to bad decisions. Organize your thoughts and create a simple working method. Forex strategies don’t have to complicated to be successful.
You have to understand that the simpler your system is, the better it will work and the better results you will get.
5. Working Smart Is Better Than Working Hard
Learning Forex trading doesn’t really matter how many hours you spent on it but on how you utilize those hours efficiently. For beginners, the best thing to do is to start with swing trading and avoid going directly on day trading.
It is common among beginners to make mistakes. However, you may avoid all of these given the right knowledge. If you want to succeed, try to put your efforts in the right areas. Just remember these 5 simple things and be ahead over others.
Forex trading can be very complicated for beginners. There are some who are too caught up in understanding the complexity of the market that before they knew it they already lost a significant amount of money. To grasp the markets, you need first to understand yourself better. The initial step in enhancing your self-awareness is to ensure that your risk tolerance and capital allocation to Forex and trading are not excessive or lacking. Thus, you need to carefully study and analyze your own financial goals before engaging in Forex trading.
2. Set Your Emotions Aside
As much as possible, don’t let your emotions affect your trade decisions. Trade calmly, never plan to take revenge after losing a trade. Avoid adding lots of positions when winning, being greedy may cost you more in return. Being too excited or too nervous may alter the results that you have envisioned. Moreover, over-trading is not the proper way to go. It will just shake your money management and will dramatically increase your trading risks.
3. Follow The Trend
You must consider the trend as your friend. Though going against the trend is not necessarily bad, it is not necessarily good, as well – especially for an inexperienced trader. Trading against the trend requires more attention, sharp skills and nerves in order to pull it off successfully.
For beginners, you need to remember that when a trend is up, stop selling and when the trend is low, stop buying.
4. Keep It Simple
Too much of something, is always bad. Too much information brings chaos to your system and lead you to bad decisions. Organize your thoughts and create a simple working method. Forex strategies don’t have to complicated to be successful.
You have to understand that the simpler your system is, the better it will work and the better results you will get.
5. Working Smart Is Better Than Working Hard
Learning Forex trading doesn’t really matter how many hours you spent on it but on how you utilize those hours efficiently. For beginners, the best thing to do is to start with swing trading and avoid going directly on day trading.
It is common among beginners to make mistakes. However, you may avoid all of these given the right knowledge. If you want to succeed, try to put your efforts in the right areas. Just remember these 5 simple things and be ahead over others.
Thursday 24 June 2010
Some ForexSTF Features
ForexSTF will introduce the first genetic algorithm technology based robot that adapts to any market condition or trend within seconds.
Completely automated, hassle-free, hands-free, works 24/5 during all trading sessions
Works on the EURUSD as the primary pair, as well other pairs, such as GBPUSD
Automatically supports 4 and 5 digit brokers as well as ECN brokers
No prior experience needed. Plug & Play. Full installation guides and videos available.
Sophisticated members area with everything the customer could possibly need, including a Support Desk Ticket System where our staff will answer questions around the clock via email and live chat to ensure 100% satisfaction and keep refunds low. This is one place where other Forex EAs lack, and we strive excellence.
Completely automated, hassle-free, hands-free, works 24/5 during all trading sessions
Works on the EURUSD as the primary pair, as well other pairs, such as GBPUSD
Automatically supports 4 and 5 digit brokers as well as ECN brokers
No prior experience needed. Plug & Play. Full installation guides and videos available.
Sophisticated members area with everything the customer could possibly need, including a Support Desk Ticket System where our staff will answer questions around the clock via email and live chat to ensure 100% satisfaction and keep refunds low. This is one place where other Forex EAs lack, and we strive excellence.
Wednesday 5 May 2010
It’s unbelievable how fast FREE money adds up!
GeoString pays you for each person you refer, and each person they refer!
This trend takes place through 10 full levels of referrals with unlimited width.
Your FREE income potential with GeoString is unlimited and with no costs to you!
Use this calculator to find out your free income:
Number of people
you refer Number of people
they each refer
through 10 levels Your FREE earnings
$895.72
How it works:
GeoString is an online marketing company. Our sponsors pay us to put their message in front our members. In turn, we pay you for becoming an opt in member of our program. The advertising revenues from our sponsors make it possible to pay our membership base for doing nothing more than creating a free account, referring others, and opening the once weekly email from our company.
When do I cash out?
You'll be simply amazed how fast your free paycheck accumulates with this program. The reason your paycheck accumulates so fast is because it's absolutely free for anyone over the age of 16 to open an account and start earning money today. We even give you $10 instantly credited to your account just for registering with us! Because account balances accumulate so quickly, we pay you everytime your account balance reaches $100. If your account balance is greater than $100 at the end of a month, a check will be mailed to you on or before the 10th of the following month (Example: your balance is $450 at the end of April, your check will be mailed on or before May 10th). Paying at these intervals puts less of a strain on our accounting department and insures more efficient payments to our members.
REGISTER HERE, http://www.geostring.com/?1124718 TO RECEIEVE YOUR $10.00 INSTANTLY.
This trend takes place through 10 full levels of referrals with unlimited width.
Your FREE income potential with GeoString is unlimited and with no costs to you!
Use this calculator to find out your free income:
Number of people
you refer Number of people
they each refer
through 10 levels Your FREE earnings
$895.72
How it works:
GeoString is an online marketing company. Our sponsors pay us to put their message in front our members. In turn, we pay you for becoming an opt in member of our program. The advertising revenues from our sponsors make it possible to pay our membership base for doing nothing more than creating a free account, referring others, and opening the once weekly email from our company.
When do I cash out?
You'll be simply amazed how fast your free paycheck accumulates with this program. The reason your paycheck accumulates so fast is because it's absolutely free for anyone over the age of 16 to open an account and start earning money today. We even give you $10 instantly credited to your account just for registering with us! Because account balances accumulate so quickly, we pay you everytime your account balance reaches $100. If your account balance is greater than $100 at the end of a month, a check will be mailed to you on or before the 10th of the following month (Example: your balance is $450 at the end of April, your check will be mailed on or before May 10th). Paying at these intervals puts less of a strain on our accounting department and insures more efficient payments to our members.
REGISTER HERE, http://www.geostring.com/?1124718 TO RECEIEVE YOUR $10.00 INSTANTLY.
Friday 5 February 2010
Tuesday 19 January 2010
FOREIGN EXCHANGE EXPERT ADVISOR(ROBOT)
Expert Advisor (robot) is a unique trading robot that monitors the market situation 24 hours a day and makes trades for you!
·You should keep your Metatrader4 trading platform on all the time, even if you are away or asleep, to let the Expert Advisor work properly! The Expert Advisor will do all the work for you to bring you excellent profit!
·You can order a Virtual Private Server (VPS) which can host theMetatrader4 trading platform securely. This allows you to turn your PC off. (VPS is optional).
·Metatrader4 brokers are open 5 days a week. No trades are performed on weekends.
· Expert Advisor is an .ex4 file is not executable by Windows. It is a script (plug-in) for Metatrader4 and can be run only inside Metatrader4 software.
·Metatrader4 is a free trading platform. You can download it from your broker's website.
·Each open trade will display a loss when it is first opened because you pay the spread (cost of the trade) to the broker. This is normal. Sooner or later the majority of trades will be closed in profit.
The expert Advisor also known as forex robot is a valuable tool to the forex trader, the beauty about it is that even if you are a newbie it trades for you with good profit without your own effort. some them could generate back 100% of your capital investment in two weeks some four weeks. consider the following link:
www.fapturbo.com
www.megadroid.com
www.ea-boss.com
www.dragonpips.com
www.pipzu.com
www.nightfox.com
IF YOU ARE INTERESTED IN ANY OF THEM SIMPLY ORDER FOR IT AT A MUCH CHEAPER AND AFFORDABLE PRICE FROM US. THIS IS TO BOOST YOUR TRADING TO A GREATER LEVEL. Order price at N5000 For each of the robot or $47. you could take advantage of our bumper price for opening year 2010 trade at just N10,000 for four good and reliable EA's which includes:EA-Boss,Fapturbo.v6,megadroid/pipzu,Dragon pips. the bumper price in dollars is just $90.
ORDER NOW
You can make your payment thru this detail:
TRUST HERMON RESOURCES INTL.
ACCESS BANK, A/C NO: 0430010004973.
OR through Liberty reserve account for dollar payments details are:
ACCOUNT NUMBER: U5337649 (Adams Amana)
After payment sent details of your payment such as Deposit slip number,amount paid to which account,and full name to this mail
thetrustservices@yahoo.co.uk upon receipt of such payment you will receive the download link within 24 hours.
happy trading.
·You should keep your Metatrader4 trading platform on all the time, even if you are away or asleep, to let the Expert Advisor work properly! The Expert Advisor will do all the work for you to bring you excellent profit!
·You can order a Virtual Private Server (VPS) which can host theMetatrader4 trading platform securely. This allows you to turn your PC off. (VPS is optional).
·Metatrader4 brokers are open 5 days a week. No trades are performed on weekends.
· Expert Advisor is an .ex4 file is not executable by Windows. It is a script (plug-in) for Metatrader4 and can be run only inside Metatrader4 software.
·Metatrader4 is a free trading platform. You can download it from your broker's website.
·Each open trade will display a loss when it is first opened because you pay the spread (cost of the trade) to the broker. This is normal. Sooner or later the majority of trades will be closed in profit.
The expert Advisor also known as forex robot is a valuable tool to the forex trader, the beauty about it is that even if you are a newbie it trades for you with good profit without your own effort. some them could generate back 100% of your capital investment in two weeks some four weeks. consider the following link:
www.fapturbo.com
www.megadroid.com
www.ea-boss.com
www.dragonpips.com
www.pipzu.com
www.nightfox.com
IF YOU ARE INTERESTED IN ANY OF THEM SIMPLY ORDER FOR IT AT A MUCH CHEAPER AND AFFORDABLE PRICE FROM US. THIS IS TO BOOST YOUR TRADING TO A GREATER LEVEL. Order price at N5000 For each of the robot or $47. you could take advantage of our bumper price for opening year 2010 trade at just N10,000 for four good and reliable EA's which includes:EA-Boss,Fapturbo.v6,megadroid/pipzu,Dragon pips. the bumper price in dollars is just $90.
ORDER NOW
You can make your payment thru this detail:
TRUST HERMON RESOURCES INTL.
ACCESS BANK, A/C NO: 0430010004973.
OR through Liberty reserve account for dollar payments details are:
ACCOUNT NUMBER: U5337649 (Adams Amana)
After payment sent details of your payment such as Deposit slip number,amount paid to which account,and full name to this mail
thetrustservices@yahoo.co.uk upon receipt of such payment you will receive the download link within 24 hours.
happy trading.
Sunday 17 January 2010
THE FOREIGN EXCHANGE MARKET IN VIEW
What is FOREX?
The Foreign Exchange market, also referred to as the "FOREX" or "Forex" or "Retail forex" or "FX" or "Spot FX" or just "Spot" is the largest financial market in the world, with a volume of over $4 trillion a day. If you compare that to the $25 billion a day volume that the New York Stock Exchange trades, you can easily see how enormous the Foreign Exchange really is. It actually equates to more than three times the total amount of the stocks and futures markets combined! Forex rocks!
What is traded on the Foreign Exchange market?
The simple answer is money. Forex trading is the simultaneous buying of one currency and the selling of another. Currencies are traded through a broker or dealer, and are traded in pairs; for example the euro and the US dollar (EUR/USD) or the British pound and the Japanese Yen (GBP/JPY).
Because you're not buying anything physical, this kind of trading can be confusing. Think of buying a currency as buying a share in a particular country. When you buy, say, Japanese Yen, you are in effect buying a share in the Japanese economy, as the price of the currency is a direct reflection of what the market thinks about the current and future health of the Japanese economy.
In general, the exchange rate of a currency versus other currencies is a reflection of the condition of that country's economy, compared to the other countries' economies.
Unlike other financial markets like the New York Stock Exchange, the Forex spot market has neither a physical location nor a central exchange. The Forex market is considered an Over-the-Counter (OTC) or 'Interbank' market, due to the fact that the entire market is run electronically, within a network of banks, continuously over a 24-hour period.
Until the late 1990's, only the "big guys" could play this game. The initial requirement was that you could trade only if you had about ten to fifty million bucks to start with! Forex was originally intended to be used by bankers and large institutions - and not by us "little guys". However, because of the rise of the Internet, online Forex trading firms are now able to offer trading accounts to 'retail' traders like us.
All you need to get started is a computer, a high-speed Internet connection, and the information contained within this site.
The Foreign Exchange market, also referred to as the "FOREX" or "Forex" or "Retail forex" or "FX" or "Spot FX" or just "Spot" is the largest financial market in the world, with a volume of over $4 trillion a day. If you compare that to the $25 billion a day volume that the New York Stock Exchange trades, you can easily see how enormous the Foreign Exchange really is. It actually equates to more than three times the total amount of the stocks and futures markets combined! Forex rocks!
What is traded on the Foreign Exchange market?
The simple answer is money. Forex trading is the simultaneous buying of one currency and the selling of another. Currencies are traded through a broker or dealer, and are traded in pairs; for example the euro and the US dollar (EUR/USD) or the British pound and the Japanese Yen (GBP/JPY).
Because you're not buying anything physical, this kind of trading can be confusing. Think of buying a currency as buying a share in a particular country. When you buy, say, Japanese Yen, you are in effect buying a share in the Japanese economy, as the price of the currency is a direct reflection of what the market thinks about the current and future health of the Japanese economy.
In general, the exchange rate of a currency versus other currencies is a reflection of the condition of that country's economy, compared to the other countries' economies.
Unlike other financial markets like the New York Stock Exchange, the Forex spot market has neither a physical location nor a central exchange. The Forex market is considered an Over-the-Counter (OTC) or 'Interbank' market, due to the fact that the entire market is run electronically, within a network of banks, continuously over a 24-hour period.
Until the late 1990's, only the "big guys" could play this game. The initial requirement was that you could trade only if you had about ten to fifty million bucks to start with! Forex was originally intended to be used by bankers and large institutions - and not by us "little guys". However, because of the rise of the Internet, online Forex trading firms are now able to offer trading accounts to 'retail' traders like us.
All you need to get started is a computer, a high-speed Internet connection, and the information contained within this site.
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