4 Tips for Opening your Trading Ability

Unlock the potential of your trading is certainly the most important things that must be thought through. Trading is a profession most promising, but not a few of the traders who experienced the failure of achieving their wishes because there is not enough strong to make traders discipline and diligence. When dealing directly with the market, traders tend to not be able to deploy all the potential they have.

Tips For Opening Trading Capabilities

To be a successful trading, there are a few tips on opening your trading ability that can be done as follows:

• See and imitate the steps of successful traders

If you want to become a successful trader forex, then it should be able to unlock the capabilities of your trading. Try to pick one figure who successfully and you can follow through the daily trading is done. Imagine you've achieved success, the same as the figure and verify that what things to do in your daily life. In this case, you should describe all your vision clearly. If it is difficult to do so, you can be more relaxed and full of confidence. If you already can imagine and feel it clearly, you should be able to do so. All you can see from that vision, then please do so immediately. Be like figure imaginable.

• Always The Optimist

After You "becomes" figure trader you want, possibly afraid to fail could have been perceived, because felt has the emotional stability and capability that is still not comparable with the figure. It is indeed real, but if you look at the journey of a successful trader, not a few of them are experiencing falling awake until finally can achieve their desire. To be able to unlock the potential of your trading, you should always be optimistic and not being afraid to fail because failure would indeed be always there in every trading is done.

• Set Decision According To Plan

To unlock all of the trading potential within you, then have to do all the things done successful trader, in the sense that you must make a plan and take decisions based on those plans with the decision without expectation can certainly produce a profit.

• Learn All The Skills Contained In The Trading

The most important thing to note that is all skill contained in its own trading can be learned. Some psychological or mental ability in trading could have been easier to be developed on some people, but not so hard when you truly want to achieve it. As for the only real obstacle while opening the potential in your trading, namely myself.. If you already accept the fact and start doing all the things that should be done, so the potential for trading online at drii Adna will open by itself.
With 4 Guide build trading systems, then you are ready to get success as a trader!

Some Brokers That Give Bonus To Their Clients

As a beginner's dealer, you can take advantage of the agent's deposit bonus. Many runners provide bonus facilities without a currency deposit to traders operators, especially newbies. The bonuses are awarded this broker could be the best choice for trading for beginners before they are invested in the. For the learning phase, the bonus that is awarded broker can definitely help. For premiums given by brokers in currency bond generally consists of first and second currency bonuses. The first time a customer opens an account in a broker then the customer gets the bonus currency without a deposit. This bonus is also known as the Welcome bonus or registration bonus.

If you have registered with one of the runners then you can mendapakan currency bonus. To register, it is very easy, because you only need to verify your data in the form of scanned ID cards, bank accounts and other necessary documents. In addition to the first bonus when you register in the broker, this will sometimes also give you a bonus once you have several lots after the negotiation. Almost all runners do give bonuses, but in practice only a few runners who give bonuses to their customers.

Here are some runners that provide a bonus.

1. FBS

You can get forex without deposit when you sign up for Corredor de FBS, this broker gives a bonus of $5, which can be the beginning of your commercial capital. To obtain the voucher you can check the data according to Persyarakat in FBS. This welcome bonus can be used to play trade, so you don't remove the capital the first time you jump in the currency.

2. InstaForex Company

InstaForex is a reliable and reputable broker, the broker also give bonuses to its SAA customers who first open an account. Broker gives a 30% bonus when you deposit.

3. Octafx

If you want to get a bigger bonus by the broker to enter the forex market, you can choose OctaFX. Broker provides a $8 bonus as a welcome bonus. And the advantage is that you can use it to reproduce the currency, you are the owner of these bonuses, so you can handle it well in the trade.

4. Broker XM

Broker XM is a trading line forex broker and merchandise offering a variety of services for forex trading, XM Broker has been established in 2009 as a brand under the auspices of the Trading Points Ltd, headquartered in Cyprus. XM corridor located on the right in 12 Richard & Verengaria Street, Araouzos Castle Court 3rd Floor, 3042 Limassol, Cyprus.

Advantages and benefits of using XM racers who are committed to satisfying all of your customer's needs with integrity, transparency, and determination to serve customers well. A minimum deposit of only the $5
15% deposit bonus up to $500
The quick and easy withdrawal of funds, through a variety of methods of depositing and withdrawal of money, either through credit cards, MoneyGram, Western Union, Moneybookers Moneybookers Bank transfer, local bank transfer, Neteller, and Fasapay

5. broker Masterforex (MFXBROKER)

MFX Broker is a well-known foreign currency firm in world, online currency brokers are many traders who have joined, more than 600 thousand traders worldwide and operates worldwide in more than 59 countries around the world. MFX Broker from Belize and was established in 2006 with headquarters in St. 199 178 Petersbug, Russia. 18th Line Business Center v.?. 31 "Senator" A506 suite.

The excess of broker Masterforex (MFXBROKER) has the advantages of minimum deposit of only $1, low differentials of 0.3 pips for ECN accounts, and standard 2 pips accounts, leverage 1:1000, promo: 100% Bonus and deposit/withdrawal via FasaPay, credit/debit cards, Dixipay, EgoPay, Liqpay, MoneyGram, Okpay, Qiwi, RBK money, UnionPay, WebMoney, Western Union, Wire transfer , Yandex and the local exchanger.

Many runners make it easy for currency traders to play, compete to give bonds attractive enough for their customers to be more. If you are a beginner, be sure to take advantage of a bond that is given to the broker forex terbaik to get more information in the currency trading.

Investing in Gold

How to invest in gold?
Gold is a precious metal that has always been linked to economics and investment. From ancient times until today, its value has experienced great growth and is considered as a safe haven against inflation, deflation or currency devaluation. The demand is greater year after year with an increasingly lower supply so that the price of gold tends to increase, but also its strong speculative use has created a bubble of gold that causes its value to be corrected downwards in certain Moments.

Today investing in gold is no longer a practice reserved for large investors, financial institutions, and retail investors have enough tools to take advantage of the movements of their prices. Instead of investing in physical gold one of the best ways to make a profit from value changes is to invest in gold using CFDs (what are CFDs?) Through an online broker.

The advantages of this method to invest in gold are as follows:

Agility: When investing in gold using CFDs, we can profit from the price oscillations without having to buy it physically. Just open an account with an online broker that allows investing in gold and in a few clicks we can be performing operations.

Security: By not buying the gold physically, we do not need to guard it, so it is a much safer way if we want to profit from the price oscillations.

When you invest in gold with CFDs, you can open a buying position (if you believe that the price of gold is going to rise to close it later with a sale) or open a sales position ( If you think that the price of gold will lower to close it later with a purchase). In this way you can get profits in both bullish and bearish moments when investing in gold physically you would only gain if its value rises with respect to the price at which you bought it.

Maximize your profits with leverage: Thanks to the leverage you can invest with a greater amount of gold depositing only a small part of the total of the operation as a guarantee. For example with a leverage of 1: 100 you can invest with € 10,000 of gold alone depositing € 100 as collateral.

Start investing in gold with small amounts: Many broker online terpercaya allow you to open trading accounts to invest in gold with a very small deposit, for example € 100 or even less. This way you can start investing in small amounts and optimize your investment strategy without putting a larger capital at risk. In addition you also have the possibility to open a demo account to familiarize yourself with the trading platform and implement your gold investment strategy before depositing real money.

How to create a profitable trading system

In this article we will give you a guide so that you can make your own custom trading system and not die in the attempt. The main thing is that the trading system is profitable and for this we need:

A. Find entry points to the market as soon as possible.

B. Find exit points that assure us the maximum benefit.

C. Avoid false input and output signals.

If we achieve these last points we will have achieved a profitable trading system. To carry out these points we will need the following:

1. Choice of time frame

This is a vital decision in strategy and will depend on both our psychology and the time we have available to be in front of a screen. If we have enough time maybe we are more interested in operating in time frames of 5.15 or 30 minutes or on the contrary we can compensate a strategy in time frame of 4 hours or 1 day and review the quotes a few times a day and The rest of the day have the screen off.

On the other hand and not least the strategy that we use and works for us often works correctly only in certain time frames so somehow the chosen strategy marks our optimal time frame to operate.

2. Choice of currency pair

Each currency pair usually has its own personality in the sense that it has a characteristic behavior that makes it unique. There are currency pairs that are very active like the GBP / USD or GBP / CHF and others are of a more consistent trend like the EUR / JPY or EUR / GBP.

Each currency pair usually has a few hours of greater activity than others so we must identify them to obtain the greatest gains possible in the operation.

3. Choose the necessary indicators

There are many indicators and tools available in Forex but not all of them can signal the fastest entry to the market and the goal of a trader is to enter the market as soon as possible in order to take full advantage of the price swing.

Among the indicators that can provide a faster signal on changes in the market are the EMA (exponential moving average), SMA (simple moving average), parabolic SAR, stochastic, MACD among others. The key is to correctly understand how the indicator works and what its principles are.

It is very common to use the EMAS crossing to detect a trend change as well as Stochastic and the MACD indicator.

4. Choice of indicators to detect false input signals

Once we have clear the time frame, the currency and the indicators we are going to use it is time to filter out those false input signals to the market that could ruin our strategy.

It is very common in Forex or use the same indicator in different settings to see if they match such as if we are using an EMAS junction of 5 and 10 periods we could use an EMA of 20 periods to confirm the entry so that once EMA 5 crosses EMA 10 (input signal) we expect it to reach EMA 20 (confirmed signal) to enter the market.

Another way to filter false signals is the MACD indicator. This indicator if used correctly can greatly help forex to filter out false signals. The default setting for the MACD indicator is 12,26,9.

The RSI indicator is also often used to filter false signals.

5. Find points of entry and exit.

Once the signal is confirmed it is time to see how far we can go and the benefit we can expect.

There are two classic forms of entry to the market once the signal is confirmed. One is to enter as soon as the signal is confirmed without waiting for the current candle to close. The other is to wait for the candle to close and enter the market on the next candle if the conditions have not changed and the input signal remains and its confirmation. Obviously the first option is much more risky but it allows ahead of other traders entering the market before.

For the output signal you can use a certain amount of pips that you want to gain in the operation (for example 25 pips). The Stop Loss can be configured in the same way or use tools that allow us to identify the supports and resistances in the graphs and calculate from there the distance in pips from the entrance to the market.

In forex losses are inevitable even in the best trading system so we have to be clear how much we are willing to risk or lose in each transaction beforehand.

6 . Calculation of risks in each operation

Normally the strategies are designed so that in case the market advances in our favor we earn at least twice what we would lose if the market goes against us. We must enter the market only when we have identified a good opportunity to make a good profit.

This is a basic concept of Money Managemet. If you want to make a profit on any forex system you must take into account the basic rules of Money Management that help us to control the risk. If you want to know more about this you can go to our arículo where we deal with the basic rules of Money Management.

7. Testing the system in a demo account

The moment of truth arrived, the moment of the great test. Once we test our strategy on a demo account we can identify whether it is profitable or not and we have the possibility to optimize it.

The first thing is to open a demo account in a broker forex so that we can see the test as our strategy responds. The test should not be less than 3 or 4 months for the results to be conclusive and this is so because in Forex currencies go through certain periods in which their behavior changes.

If we move to a real account before that time it would be disappointing to check that the system is not profitable because it has not been tested in different periods of behavior of the currency pair with which we operate.

A Brief Introduction To Forex

Forex is the world's largest and liquid financial market. Many consider Forex as the best home based business they can ever venture into. Although regular people have had the opportunity to take part in for-profit currency trading (in the same way that banks and large corporations do) since 1998, it is only now becoming a topic to talk about at parties, events Business and other social gatherings.

Even though it has been a badly kept secret, more and more investors are turning to the totally electronic world of Forex trading to gain numerous benefits and benefits.

But, still, whenever something seems new to us or just becoming a part of social conversation or news articles, we must overcome misconceptions and the mind must be open to start with the right information.

Throughout this article I am going to give you some not too detailed information about the Forex market (FX).

As a successful trader said, trading on Forex is like collecting money from the floor. Not trading on Forex is like leaving the money there for another person to pick it up. Others say that trading with currencies is like having an ATM on your own computer.

Here's an explanation of what Forex is and how traders enjoy FOREX and profit:

The forex market, also known as Forex, or FX, is the spot market for currency since it has the highest volume.

But, do not confuse FX with the futures exchange, where you buy contracts established between two parties to buy or sell a certain amount of a currency at a price established at a future date.

Investing in Forex is less risky than investing in futures contracts. Investment in futures can produce large losses.

So, you are probably asking where is ... or ... how to access the foreign exchange market?

The answer is: The Forex market is not centralized in any stock market, as it happens with the stock and futures markets. The forex market is considered an over-the-counter market (OTC) or 'Interbank' market, because the market is executed electronically, within a network of banks, continuously over a 24-hour period.

If this is the first time you have heard of the fully electronic market, then this may sound intriguing.

Here we talk about what is traded in the Forex Market (Forex):

Essentially, just like the big banks that use the FX market to hedge against the fluctuations of exchange rates between different currencies, both an FX trader is doing the exchange of one currency for another at the same time. So, currently, they are operating electronically with a currency pair and the exchange rate as a currency price is set.

In other words, the exchange rate between two currencies allows the ratio between the value of one and the other.

For example:

If the EUR / USD exchange rate is 1.2850 it means that we must deliver $ 1.2850 to get one euro. The first currency is the base currency (in this example EUR) and the second is the currency quoted (/ USD).

The Forex is able to move around 1.5 trillion dollars a day - it is 30 times bigger than the combined volume of all US stock markets. This means that each of the 1,498,574 specialized traders could take 1 million Of dollars of the currency market every day and Forex would still have more money than the New York Stock Exchange every day.

Forex plays a vital role in the world economy and there will always be a tremendous need for currency exchange. International trade increases as technology and communication increase. While there is an international trade, there will be a foreign exchange market. The foreign exchange market has to exist so that a country like Japan can sell products in the United States and be able to receive Japanese yen in exchange for US dollars.

Many traders who use the right trading techniques / tactics that allow them to benefit immensely can make a lot of money in Forex. About 5% of the daily turnover is from banks, companies and governments that buy or sell products and services in a foreign country or should convert profits made in foreign currencies into their local currency. The other 95% are trading for their own benefit, or speculation.

Correlation of currency pairs on Forex

What is the correlation of Forex currency pairs?

The correlation is the capacity that have some pairs of currencies in the Forex market among themselves so that their price moves in the same direction (positive correlation) or in the opposite direction (negative correlation) most of the time.

Why should you learn about such correlations?

If you want to be a profitable trader in the Forex market, you must be aware of the correlation between the major currency pairs because that can help you in 2 key areas:

1 - to learn correlations between currency pairs, can best make your trading decisions:

On many occasions, you can predict successfully the direction of the price of a currency pair via signals of buying or selling seen in other correlated pairs.

It can also make you think before opening a position if you detect a signal to buy and at the same time one of sale in other positively correlated pair or the same signal buy or sell in pairs correlated negatively. The position you are thinking of opening may not be adequate.

2. know this correlation also will prevent you to increase your level of risk:

If you open two positions in the same sense in pairs correlated positively you are doubling the risk since it is relatively easy to go in the same direction. If you have matched and they are moving in your favor will get benefit on both but if you make mistakes the two will cause you loss. The same applies to opening two inverse positions into pairs correlated negatively.

How can you use the correlation of currency pairs to predict the direction of the price?

-When you detect a signal of purchase or sale in a given pair, before opening a position you can analyze other pairs correlated positively to confirm which give a similar signal and also other pairs negatively correlated to see if they give the opposite signal.

-When you have an open position and do not see clear signals to maintain it for longer or close it, you can help these positive and negative correlations with other peers to look for signals of continuation or change of trend.

-Historically, for a long time when two pairs have a correlation positive strong and you detect between the two different signals, it is relatively easy to price both again soon go in the same direction. If you correctly identify what is the pair that is moving more slowly you can make a choice for opening a position and try to get benefits when you retrieve the address of the other pair.

-There are traders who use the correlation as hedging (hedging) strategy by opening leading position in a pair and another secondary smaller in the same sense in another pair with negative correlation. If the leading position moves in our favor the benefits they will be greater than the loss of the secondary position and if you go against us, losses will be greater than the benefits but will reduce considerably. If you are a beginner it is better that you focus on detect strong signals and that values the suitability of this type of coverage when you have more experience.

- There are many traders that if they find a signal to sell strong in the EUR/USD and GBP/USD, confirmed by a signal to buy USD/JPY and USD/CHF, prefer to open the position of sale in EUR/USD or GBP/USD (instead of a purchase in USD/JPY or USD/CHF) because usually movements to the low they tend to be stronger (because of fear) and allow to obtain greater benefits in a shortest time.