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The only feature of them is indeed the low deposits offered by them and what they need to do to be in the market is indeed to have osme more iwn chance and also some good more support .

I am planning to join this site but i would search more about this site to assure that its records and background is really AWESOME. Thanks for sharing this post.

cool ! i dont really trust this kind of sites i have tested on my skin a few of "make money without investment"and everyone of them turn out to be scam,when you reach a certain ammount of money that you want withdraw usually you never get the money or they ask you to pay a certain ammount of money to get yor payout .

fundermental analysis in forex trading is type of analysis that deal with news .It has nothing to do with chart and candlesticks.It is more easier than technical as traders are not require to waste time in compuer and to drain thier brains in knowing past movement of market. Fundamental analysis goes with news release from those countries whoses currencies are traded in forex market.There many data releases which are grouped under high impact,low impacts. medium impact news.We also group them under social ecomomic and economic news. Live impart of news in market do not last long .

The Forex market is booming in popularity worldwide. Traders are abandoning the traditional stock and future markets and moving to Forex in surprising numbers. Just what is the attraction and is the Forex market right for you? This article will seek to answer this question by systematically laying out both the advantageous and disadvantageous of the world's largest financial market

very good and awesome topic and i could understand a new things from reading it and we must find a professional trader so that we can earn money better cause all resposibily depend on the trader.

The advantage of forex is that profit can be made even if a currency is depreciating against another currency. You have a choice to either sell or buy as your initial position. In stocks you can only enter the market in a buying position. In Forex you can do both. It's like baccarat. You can either bet on the banker or the player.

Yes it's true that forex is one of the best way if you like to invest and make money, online or offline. Even if we know the fact the it involves risk, people are still investing in forex to earn big. Using the best strategies they learned just to win the trading

I don`t get good results in scalping. I have done very much better in other more general technical trading. I had done great while i was using FXCM as the trading terminal was fantastic for catching the sharp 1 minute candles!.

We just never know when the economy is going to get steady!. By changing strategies with changing times and seasons, one might have a little chance to experience a maximum profit and minimum loss. It certainly is possible. But to identify a suitable strategy for a particular currency pair is the most difficult!.

I don't spend a whole lot of time trading. I study the market, set my profit and loss points and I leave it at that. I check it once in a while. I don't want to spend the whole day looking at the monitor when I can do something more productive.

The main reason for making demo accounts is for practice purposes and the minimize the losses that can come up from it. Most people are too impatient to learn first and just move on to live accounts. Thereby risking their fund even more. From all indications they all end up in losses. Starting first with a demo account is very important to every trader both the experienced trader and the beginner. We all should also put the forex pschology which is absent in demo accounts into consideration while trading in live account. This is one of the reasons traders fail in forex.

Hi sir before choosing a broker, i will advice you to find out if the broker is licensed and registered in the country of operation,this will safeguard your fund in the event of any eventuality . and after that i look to Low spreads and Leverage 1.400 is very good and they have good Technical Support if i have problem with trade in future..... thanks for share this with us

Patience is always a key to success and I totally agree with the point of diversification as we can get good profit if we focuss on good trades instead of having a try at many trades. Selection of currency pairs is always key thing in have good trades.

i think 10% is too much also if your account is 50 000 $ but if you have small account like 200$ it is ok but ....newbie must learn maney skills to make profit and its ok if they start from micro to miny account

I use both fundamental and technical analysis. but while trading i am a technical trader. fundamentals decide the main long term trend, and technicals for entry/exit decisions. generally the time spend on fundamental analysis is very less as I dont want to get lost in unnecessary details.

You should only invest the amount which you can afford to lose" is best quote for every action in investing, so everyone have to realize the risk .....

Of course, every investment is risky but the risks of loss in trading off-exchange Forex contracts are even bigger. That's why once you decide to be the player in this market, you'd better realize the risks connected with this product for make suspended decisions before investing. In Forex you are operating big sums of money, and it's always possible that a trade will turn against you. The Forex trader should know the tools of advantageous and careful trading and minimizing losses. It's possible to minimize the risk but no one can guarantee eliminating it. Off-exchange foreign currency trading is a very risky business and may not be appropriate for all market players. The only funds that can be used for speculating in foreign currency trading, or any kind of highly speculative investments, are funds that represent risk capital - for example, funds you can afford to risk without worsening your financial situation. There are other reasons why Forex trading may or may not be a suitable investment.

Using Fibonacci retracement for Predicting Limit Price Come let us play around with Fibonacci retracement Indicators of this one is my favorite indicator of the Fibonacci itself I think is very interesting. Fibonacci sequence is a very beautiful series. The more we explore, the more the uniqueness of the sequence found in this seemingly simple. Arguably, the Fibonacci retracement is my first love of all indicators that I know ... hehehe Ok, let's see ... how to use Fibonacci retracement wrote to analyze price movements. In accordance with the basic philosophy of the Fibonacci itself, we try to observe the pattern of something that looks random, in this case the price movement of a pair. In something that looks random, it turns out we can find certain patterns that were "observed" in nature by everything in nature. Hmm ... if we discussed about how amazing his Fibonacci sequence, may be one book or one movie alone ... hehehe ... Yeah never mind ... I will not discuss in detail about the Fibonacci sequence and all the mystery that is in it. If you are interested to know this series, please search in search engines ... We immediately discussed how the use of this series on the chart ... ok? The first step to use the Fibonacci retracement is, we must indentified swing or wave that occurred. That is why, Fibonacci often associated with other wave theories such as Elliot Wave. While we postpone a discussion of the Elliot Wave. We focus first on how interesting Fibonacci Retracemet in our chart Ok, next ... Once we know the Swing High-Low, we trick Fibonacci retracement. Adjust the level 0 and 100 on the Fibonacci with high-low that has been identified. For more details, let us examine the following chart: In the chart above, I installed indikatir Parabolic SAR, MACD and ADX and draw the Fibonacci retracement of the swing were identified. High and Low at 1.5476 at 1.5126. Fibonacci retracement I pull with 0 at low and 100 in high. Now let us consider how to comply with the price movement patterns formed by the levels is Fibonacci retracement. Look at how the price of trying to penetrate each of those levels. Notice how the price of business through price level 1.5208 and 1.5260 and 1.5343. Price touch many times those limits in order to try to penetrate it. After the pierced, the price will be advanced to the next level. By understanding these behaviors, we can use prices in these Fibonacci levels as our profit targets, such as examples of positions that I took where I use the benchmark level of 61.8 Fibo at 1.5343 as a target price of profit. The position I take it only as an example. TP coincidence that I took only about 20 pips hell .. hehehe ... Basically, we can use the Fibonacci retracement at all time frames. But, it is advisable to use for the hourly time frame upwards. It's nothing ... , if we use 5-minute time frame, and each time the wave is formed then we draw Fibo again, then when we start trading? .... Hehehe ... Anyway, we can also use Fibonacci retracement as a benchmark to determine support and resistant replacement pivot point

Candlestick Let us now discuss about the indicators used in forex trading. The first indicator that I want to discuss is the candlestick. You might wonder: why candlestick anyway? It's not just one indicator ... just chart type ... yes indeed. Candlestick is one type of chart that is usually available in all trading platforms. Type chart on this one I think is an indicator that "must" be understood by the trader. Due to the understanding of the candlestick, a trader would be very helpful in understanding the movement of the chart. In fact, even if a trader says he's trading without indicators aka naked chart, usually does he still based on the candlestick ... Candlestick actually provide information similar to bar charts, but with a more interesting and informative. Candlestick chart is the most easily interpreted, since each has to give information about the power of buy-sell, as well as the price of his open-closed state. Let us consider the structure of a candlestick. Candlestick was formed from the data of open, high, low and close: If within a period of time close above open, then the transparent or white candlestick is formed If close below open, then the black candlestick is formed White or black part of the candlestick is called the body or bodies Vertical line above or below the body illustrates the range of high / low and is called the shadow or some call it a shadow or tails: D The peak of shadow or shadows or tails of the high value The base of the shadow or the shadow or under the tail is low value Well, so, from a candlestick, we can know: the high-low-closed, will also know the power of buy-sell, the volume of transactions within the period (time frame) in question and from there to know the tendency of trends that happen;) In general there are 2 types of candlestick, that is black and white, each with long and short. Candlestick white body that had shown that prices closed with a value above the open so that the general trends occur trend rise. And vice versa ... Next, we need to know as well as various kinds of candlestick and trends that will arise in the movement chart:) Some type of candlestick who need to know include: Spinning tops If spinning top this happens, it means that there are not many buyers or sellers are in action, so that tends to happen a reversal or trend turned, at least temporarily. Marubozu The longer the body of the candlestick, the stronger the buy-sell pressure that occur ... Let us examine the relationship between type candlestick with a trend on the chart below: Doji Actually, variations of shape candlestick many more. we will know the trends that will occur with the emergence of each form of candlestick charts diligently observe and pay attention to trends trends related to the emergence of forms of candlestick which seemed on the chart.

Hedging a Substitute of Stop Loss In previous post, we have discussed about the importance of Stop Loss and considerations to determine how many points Stop Loss should be determined. However, many traders who are also less comfortable with a Stop Loss that is "rigid". Most still consider such a conventional stop-loss is still too stiff to anticipate the turbulence in the market. Well, for my friends trader who still considers the conventional stop-loss is too stiff, I suggest to try other alternatives to limit losses, using hedging. Hedging here means we open Buy and Sell positions simultaneously or without one of his close position. Use hedging as a Stop Loss can be done in two ways: The first way: with instant execution It means we open a new position opposite the position we got minus floating in the same currency and without her former position minus close earlier. This method is used to lock the position that was floating minus. Example: We open orders Buy EUR / USD at 1.3000 and then position it turns out that we suffer loss by 50 points (down to 1.2950) and then at 1.2950 is our key positions (hedging) by way of a new open Sell order at 1.2950 on the EUR / USD again. So in this way then we will still floating loss -50 point on, until later one or both of these hedging positions us close. So even if the price drops continue in the direction 1.2500pun our loss position remain -50 points. The second way: with a pending order That is, we set pending orders at certain prices as a protector of a position we take, so even if prices move outside of our prediction on when we're not monitor charts, pending order will be automatically activated to protect the loss on the position we have taken earlier. Example: We open orders Buy EUR / USD at 1.3000 and then we put the position pending order (Sell Stop) at position 1.2950 on EUR / USD as well. In this way if the price was moving down, then the pending order will be automatically activated and limit losses from the first position earlier. The problem is, how do we determine how we put in the position pending order? If my advice does, because hedging is we mean as a substitute for Stop Loss, the discretion to determine how much we put in the position of pending orders so more or less the same with our considerations in determining the Stop Loss conventional. Please refer to the previous post about Stop Loss How to Stop Loss of hedging as a substitute for it does have a weakness of the psychological side, especially for traders who have not so experienced. Normally we would not hesitate to close one of the positive position, fearing that our hedging positions close, it turns out the trend continues so that the position is still open growing without any protective the minus again. Whereas if we are to hold a positive position, worried -if the trend suddenly turned around so that instead we would have a negative floating collection ... There is a suggestion from one of his trader friend who used to use way of hedging in place of Stop Loss on when we close the position hedging: hedging position should not have installed the TP. Consequently, we must be patient scalping for the position. That is, we continue to monitor price movements, so we think the trend started to reverse direction, immediately close a good position. Even if it turns out the trend continues, the open position again ... and so forth ... Indeed we would lose a spread, but still better if we can take advantage of price movements, rather than just anxious to see loss of the position that "already" we take The way Sop Loss hedging as a substitute for this is not recommended for beginner traders, however, could be an alternative for traders who do not want a Stop Loss that are rigid. Whichever alternative we choose, should be adjusted to "the circumstances" we. That is, we should feel comfortable with whatever decisions we take when trading The main advice I still ... Enjoy ... Enjoy your trades every trading process in the air ... Do not be trading only produce a "disease" spent time, effort, cost, plus still suffer a heart attack too ... hehehe ...

Trend and Momentum There is a trader friend who after reading the articles and blogs about forex later commented: forex is easy ... do not have contrived meticulous ... doing too many-many theories, just get those green pips ... hehehe. Let's see ... I agree that that was actually easy to not have made meticulous. It is not meant to make your heart think that forex is so meticulous and make dizzy. I agree with a friend who believes that if he could be understood with simple, why should contrived intricate? But anyway, I still recommend for prospective traders for at least understanding the basics of the analysis in forex trading, so do not make trades based on a hit and miss Well, because the most basic of forex trading is to determine when to buy and when to sell, this time for discussion I will try to discuss about the trends and momentum Why the trend? You see, in the simplest forex trading benchmark in the deal is buy when prices rise and sell when prices fall. Of course this will be better if equipped with an understanding about things other support, such as an understanding of the support-resistant or psychological limitations, over-Bought-over sold, divergence and others. But OK is ... accordance with the motto: make it simple, while we save the first terms that make intricate. We will discuss first the simplest case, namely: the trend. What is the trend? One of the "wise words" in forex trading is: follow the trend, the trend is your friend. Hehehe ... Well, then we need to understand first, what is the trend? Let us consider the following picture: Well, from the picture above, it seems we got clear view about the trend ... So in general, the trend of a chart can be divided into: uptrend (trend rising), a downtrend (trend down) and Sideways (alternating trend in a certain range) As a trader, we must know what the current trend trend is to take the right position. There are several indicators to look at trends, among others, and Moving Average Parabolic SAR., Trned line and others. Momentum Completing the discussion of trends, let us discuss a bit about momentum. Simply put, momentum is the "strength" of a trend. Ideally, we not only know the direction of the trend, but also how much the strength of the trend. It means that we are not "late" entry into a trend. For example we know that the trend is rising, so we decided to buy ... uh, it turns out, not long before the trend turned, so the loss was that we could. More is definitely more when it turns out we are "trapped" sell at the bottom of the valley or "buy" at the top of the mountain ... aka we had sell open position when the price or buy at the lowest point when the price on the highest point, red alert ... hehehe ... Well, so we're not one go in the middle of the trend, you should first identify the ongoing strength of the trend, if strong enough to continue, or is already weak, so going to immediately change direction ... There are many indicators to see the strength of the trend, among others, there are RSI, MACD, ADX, W% R and others. To this end I hope you've started to understand the most fundamental thing in forex trading, that is when to buy and when to sell. Of course, should keep in mind also our discussion earlier about the time frame, because after the decision to buy and sell at the same time could be different if we look at charts in different time frames. About how to read and interpreting indicators commonly used in forex trading, including the indicators that I alluded to above, we will discuss in following post.

Support-Resistant In forex trading, the price is formed actually follow the market mechanism, meaning the power of buy-sell in the market. Therefore, there are certain price levels are usually the psychological level of the "agreed" by traders. There is a price level that is perceived by traders as prices are already considered high, so that those who buy a tendency to do a take profit. Well, because it occurs in general, the price will usually be corrected (decreased). That is what is called resistant level. On the contrary happens, too. There is a price level which the trader is considered low enough, so that those who sell and take profit will perform as a result, prices will be corrected (increased). That so-called support level. Consider the following picture: Well, if we can find out the points-resistant support this, then we can know when to make buy, when to sell and when to take profit The problem now is, how to determine those points? The most common practice is to calculate the pivot or by using the Fibonacci benchmark The formula for calculating pivot points are as follows: Pivot point (PP) = (High + Low + Close) / 3 Support and resistance is then determined as follows: The first level support and resistance: First support (S1) = (2 * PP) - High First resistance (R1) = (2 * PP) - Low Second level support and resistance: Second support (S2) = PP - (High - Low) Second resistance (R2) = PP + (High - Low) Complicated ...? hahaha ... Do not worry ... you actually do not have to use their own formula and calculate these pivot ... I deliberately put here to make you dizzy ... lol ... just kidding ...

Introduction Developed J. Welles Wilder, the Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. Traditionally, and according to Wilder, RSI is considered overbought when above 70 and oversold when below 30. Signals can also be generated by looking for divergences, failure swings and centerline crossovers. RSI can also be used to identify the general trend. RSI is an extremely popular momentum indicator that has been featured in a number of articles, interviews and books over the years. In particular, Constance Brown's book, Technical Analysis for the Trading Professional, features the concept of bull market and bear market ranges for RSI. Andrew Cardwell, Brown's RSI mentor, introduced positive and negative reversals for RSI. In addition, Cardwell turned the notion of divergence, literally and figuratively, on its head. Wilder features RSI in his 1978 book, New Concepts in Technical Trading Systems. This book also includes the Parabolic SAR, Average True Range and the Directional Movement Concept (ADX). Despite being developed before the computer age, Wilder's indicators have stood the test of time and remain extremely popular. Calculation 100 RSI = 100 - -------- 1 + RS RS = Average Gain / Average Loss To simplify the calculation explanation, RSI has been broken down into its basic components: RS, Average Gain and Average Loss. This RSI calculation is based on 14 periods, which is the default suggested by Wilder in his book. Losses are expressed as positive values, not negative values. The very first calculations for average gain and average loss are simple 14 period averages. •First Average Gain = Sum of Gains over the past 14 periods / 14. •First Average Loss = Sum of Losses over the past 14 periods / 14 The second, and subsequent, calculations are based on the prior averages and the current gain loss: •Average Gain = [(previous Average Gain) x 13 + current Gain] / 14. •Average Loss = [(previous Average Loss) x 13 + current Loss] / 14. Taking the prior value plus the current value is a smoothing technique similar to that used in exponential moving average calculation. This also means that RSI values become more accurate as the calculation period extends. SharpCharts uses at least 250 data points prior to the starting date of any chart (assuming that much data exists) when calculating its RSI values. To exactly replicate our RSI numbers, a formula will need at least 250 data points. Wilder's formula normalizes RS and turns it into an oscillator that fluctuates between zero and 100. In fact, a plot of RS looks exactly the same as a plot of RSI. The normalization step makes it easier to identify extremes because RSI is range bound. RSI is 0 when the Average Gain equals zero. Assuming a 14-period RSI, a zero RSI value means prices moved lower all 14 periods. There were no gains to measure. RSI is 100 when the Average Loss equals zero. This means prices moved higher all 14 periods. There were no losses to measure.

What Does Money Flow Index - MFI Mean? A momentum indicator that is used to determine the conviction in a current trend by analyzing the price and volume of a given security. The MFI is used as a measure of the strength of money going in and out of a security and can be used to predict a trend reversal. The MFI is range-bound between 0 and 100 and is interpreted in a similar fashion as the RSI. The money flow index is calculated by using the following formula: Typical Price = (High + Low + Close) / 3 Money Flow = Typical price * Volume Money Ratio = Positive Money Flow/Negative Money Flow Note: Positive money values are created when the typical price is greater than the previous typical price value. The sum of positive money over the number of periods used to create the indicator is used to create the positive money flow - the values used in the money ratio. The opposite is true for the negative money flow values. Money Flow Index = 100 - (100/ (1 + Money Ratio))