System Testing

The whole week I was doing was crazy to do in the FOREX market that the habit of going against the trend. This is coz I'm trying my forex system

The result is pretty good. Only 1 position with a gain of 120 pips. This is for trade only againts the trend. I follow the trend remains the position in trade with an average of 200 pips each position.

Hopefully everything goes well and this would be my final system of all time. I see no need to change because it is giving the clear signal.

A Good Start

Here's a tip for those who start in Forex. Take a good system for protecting the scalp you can find on the Internet, use the trading system more time as 4 hours or for days. If the system is good in short time would be better the longer term.

You will have a system of price action. This means that you are not providing anything. You trade based on price action and have little or no loss. Try it.....

UJ strength is broken

The way I see it. USD / JPY strength is broken, but the uptrend is still intact. Who cares for high-risk entry?

Short or better UJ@123.70
Stop Loss: In his own
Purpose: This will be great

And before I forget, EURJPY and GBPJPY is at stake in the trendline. However, not broken, but if all goes well we will see broken tonight. Then we have the market to always go before a new trend is born.

Marketiva Stop Loss Hunting

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This is a picture of EUR / USD 4H chart on Marketiva platform. See the candle in the red circle.It has a long tail up to touch 1.3370. The price movement in seconds down and up again. My stop loss was set at 1.3373 at the time and stood out. Below is a picture of EUR / USD 4H from North Finance. As you can see, the north of Finance did not register the same sudden price movements.



Unless I'm mistaken, this is the currency market, where tariffs are the same worldwide. So why do they have to go Marketiva sudden price north of Finance and was not recorded at all.

Even when I was stopped out, but I still go with 50 pip profit and did not come back as the force of the trend isn't worth it. Btw my goal for that trade was 1.3450. To enter the market again for a gain of 50 pips from another isn't worth the risk as the trend isn't strong enough. Any of you have had the same problem with Marketiva?

Accuracy is Luxury

In the land of the currency, the trend is king. Again accuracy is a luxury. During the first days of operation, some people may see the trade in terms of its signal, but finding the best entry is a bit difficult. After a time the system will give less signal, but higher percentage of winning. Then comes the accuracy. Once you learn how to obtain the entry point precision'll see what I say just a luxury.

Commodity-channel-index

The Commodity Channel Index (CCI) was developed by Donald Lambert designed to identify cyclical turns in commodities. The idea behind this indicator is that the products (or stocks or bonds) move in cycles, with highs and lows coming at periodic intervals. Lambert recommended using 1 / 3 of a complete cycle (low to high or low to high) as a schedule for the ICC. (Note: Determination of cycle length is independent of the ICC.) If the cycle runs 60 days (at least every 60 days), then 20-day CCI would be recommended. For the purposes of this example, a 20-day ICC is used.

For purposes of scale, Lambert set the constant at 015 to ensure that approximately 70 to 80 percent of CCI values are between -100 and +100. The CCI fluctuates below and above zero. The percentage of CCI values that are between 100 and -100 on the number of periods used. A shorter CCI will be more volatile with a smaller percentage of the values between 100 and -100.By contrast, the periods used to calculate the ICC, the largest percentage of the values between 100 and -100.

Lambert's trading guidelines for the CCI focused on movements above 100 and below -100 to generate buy and sell signals. Because about 70 to 80 percent of CCI values are between 100 and -100, a buy or sell signal will be in force only 20 to 30 percent of the time. When the CCI moves above 100 is considered a guarantee that should enter into a strong uptrend and a buy signal is given. The position must be closed when the CCI moves back below 100. When the CCI moves below -100, security is considered in a strong downtrend and a sell signal is given. The position must be closed when the CCI moves back above -100.

Since Lambert's original guidelines, traders have also found the CCI value for the identification of investments. The CCI is a versatile indicator capable of producing a wide range of buy and sell signals.

ICC can be used to identify overbought and oversold levels. A security is considered oversold when the CCI falls below -100 and overbought when it exceeds 100. Oversold levels, a buy signal could be given when the CCI moves back above -100. From overbought levels, a sell signal when the CCI could be turned under 100.
As with most divergences, oscillators can also be useful to increase the strength of signals. A positive divergence below -100 would increase the strength of a signal based on a move back above -100. A negative divergence above 100 will increase the robustness of a signal based on a move back below 100.
It breaks the trend line can be used to generate signals. Trend lines can be drawn connecting the peaks and valleys. Oversold levels, an advance above -100 and evasion of the trend line can be considered bullish. From overbought levels, a drop below 100 and a trend line break could be considered low.
Traders and investors use the CCI to help identify investment prices, price extremes and trend strength. As with most indicators, the CCI should be used in combination with other aspects of technological analysis. In calculation to momentum, volume indicators and the price graph may also manipulate a technical evaluation.

Marketiva-is-playing-games

Again and again I have noticed that Marketiva is playing the game to stop the loss of hunting. I have 2 exacta on trade and Marketiva Marketiva always come Northfinance and "Stop Loss".One might expect the difference of propagation would be the factor here, but consider this.Marketiva always show the difference in price between 2-5 pips compared to North Finance, taking into account the difference in just 1 pip spread its ..... It is better to let people or decide.Anyway my Marketiva trade is small. Just playing for egold.

Yesterday, the position is still good for now. Added another short GJ@238.50. Target has changed due to low market volume. Below are new targets for today.

EJ target: 162.63, 162.23
UJ Target: 120.10, 119.87
AU Target: 0.8305, 0.8290
GJ Target: 237.80, 237.45

fxegypt-forex-contest

I was dealt with this couple of weeks and have no time for trade. At the time my account in the contest for 1k. Hopefully next week onwards, I can concentrate on trade. Currently, the largest manufacturer of gain is almost 5 times and Malaysia. Hopefully I can trade him. He is good. Up to 5 times in 10 days.

How-to-trade-trend

This will be short and concise. The simplest is the best system. Take any one of the best indicators are applied to daily chart. Look for the trend.

Take the same indicators that apply to table per hour. Based on the daily trend point of entry.

If the daily chart is bullish, saying, use the hourly chart to find the long-only position. If the daily chart is telling downward trend, use the hourly chart to find the position of short time.

If the daily chart is telling U uptrend and have a brief indication of its hourly chart, you can close your position and take another position in the table per hour is to give the same signal as the daily chart, and vice versa.

Forex Remember this is not how smart you are. Its about discipline and money management.

Forex-Review-jpy-Pair

After an assault on every uptrend finally JPY pair are showing signs of slowing. GJ have shown a signal and is falling short these days. UJ still growing, but at the time of last-minute difficulties 120.50. If you keep what we should see a big drop in all JPY pair. In any case it all depends on tonight on the report of the NFP. While its sequel, 120.50 will be broken. If your bad then we will see a new trend. Happy Trade

In The Land Of Forex, Trend Is King

Those are the words that cling to in Forex. No matter what happens in the technical or fundamental study. Always follow the trend. Tendency is king. Follow the King and will be richly rewarded.

555 FOREX TRADING SYSTEM

This forex trading system is part of my whole system of Forex Trading. I post only to help the new traders to develop their own trading system. This Forex system can be used in all pairs. It is far from perfect but may give an idea of how trade and develop their own forex trading system. Perhaps in the future if you manage to improve this system, you may want to share with me. Anyway here goes.

Running Time: 4 hours
EM: SMA5 or SMA8 that best suits each time, SMA55
TSF: Period = 55
Bollinger Band: MA = simple, Period = 55, multiple = 2.0
Slow Stochastic: Period = 10, 3, 3, simple, simple
Fast Stochastic: Period = 13, 3 Exponential
For the 1st table to use USD / JPY pair within 4 hours. Remember, this Forex system is designed for 4 hours time frame, but can be used on all pairs. In this system of currency, MA8 (red) and TSF55 (Blue) is the indicator to trade long or short. When the red is above blue = long and vice versa. BB55 and SMA55 is the goal. Both the stochastic are a confirmation of the trade position.
When the price is in BB55 either the top or bottom and both stochastic shows the extreme value may be a signal for change. To confirm the investment is when the price broke the red and blue. The price of it is the final indicator. Once the price broke the 2 lines, find the entry for the best. Normally, the best entry is when the price is on the blue line. If after entering the trade, and the drive to get the price in his favor let it go and escort him to finish.
Below is the explanation of the above table
1. BB55 peak price. As mentioned before, BB55 acts as targets. In this case, USD / JPY already reached its destination on the basis of this system, but the momentum is still strong based on the distance of the Red and Blue line.
2. BB55 peak price again but this time the closing prices below the red line. This indicates that the momentum has died and a reversal soon.
3. Ideal input. Red under the blue line indicates a short position. The price is on the blue line.Short now and let it run until it meets the bottom BB55
4. Price crossed BB55 and then goes flat at this point. It is making its way back to BB55 and a flat red line indicating the time is dead and is an investment very soon. At this point, the entrance of the long position is the lowest price in BB55.
5. BB55 peak price but can not make new highs. This is where to exit and enter new short position. Let it run until the drive is dead.
If you look at point 1, 2, 3 and 5. All points are high and they are all higher than the previous peak. This is an indication that, and USD / JPY is actually rising, but as the currency in the waves that sometimes get lost and fail to see the whole picture. In this case, which never does, follow the trend and always remember that the picture is USD / JPY uptrend going. Being preparation if the market suddenly shoot. Always remember to use stop loss correctly. Forex market is a risk, manage risk appropriately.

Forex-Trade-Review

Last Friday, Non-Farm Payrolls is out. This is like fuel for usd and affects everyone, especially EUR / USD and GBP / USD. On Friday the report came out a mixture. People are confused and prices swing up and down. I was on the losing side of trade but the swing at one point, was 30 pips, but because generally Marketiva news block for hours, finally ending at a lost. Well anyway its currency. If you do not lose in forex you do not feel the emotion.

Anyway I will review some peers. Maybe some of you can find a retailer in my review. As for me I am currently off the market waiting to come to the senses. Currently, all couples are in extreme oversold or overbought.

EUR / USD
Currently 1.2532 after falling nearly 200 pips. She is currently on a downtrend thin with a possible target of 1.2450. For those of you who are already in a short position, it is possible to maintain the final position with stop loss of his choice. For me I only consider entering 1.2450, depending on the strength of the force.

GBP / USD
Currently as 1.8540 and EUR / USD drops like a rock on the NFP report out. Possible target is 1.8200. Looks like a return very soon. Just watch the trend and momentum for a possible entry. I'll be watching this.

Free-forex-signal

Everybody likes free stuff. Me too, but I like giving things free, too. In the future I will free Forex signal publish on this blog. Before switching to someone free forex signals, I would warn you that I will not take responsibility for any gain or loss using my free forex signal.

If someone here to see what kind of signal they give here is an example. BTW, as a sign that the GBP / USD gave me over 300 pips. Happy trading.

Marketiva-scam

Read some very interesting review on Marketiva. It seems that some people classified as Marketiva scam. I do not care because I am still using their $ 5. For me Marketiva is a learning platform. Btw a review for you to read:

"I would not trust any company without background information. I had asked to see who or what is behind the company before depositing the funds. No answer. I think there is any long-term scam here. Something is not well in comparison with other runners’ also a bit odd that you can open an Acct. without ID Last but not least, beware of the glowing reviews from Marketiva out in the forums. Most, if not all these posts are done by real-Public Market fraudulently poses as investors. You can pick them out. They are obviously using slogans and pushing the free $ 5 to enter. The $ 5 is just a ploy to sucker in the new operator. The rest of the positions are those who promote their referral links. I am of the opinion that it is a total bucket shop Marketiva. Like a Pons scheme, money lines the pockets of the losers Marketiva and helps pay for the few who make a profit. I seriously doubt any investor money actually does in the market. 95% of traders lose on average. This makes for a profitable business model, especially when the investor is essentially trading on a demo account with real money. They know they are likely to lose, so the money goes into the bucket and you blame the left a bad market for a loss when, in fact, never your money even did about it, enough ranting. Marketiva careful and do your own research and due diligence checks on any staff member who wishes to participate. Good luck out there!

Trend-Momentum-and-Timing

In making a technical analysis of currency. There are 3 basic things that must be appropriately recognized and used.
Trend
Momentum
Timing

Trend
The trend is the propensity of moving towards a particular direction. When uptrend, price moves positive and vice versa.

Momentum
The momentum is the force of motion. The stronger is the strongest impulse is the movement. When the drive is over, be reversed.

Calendar
The timing is that time when you enter the market. You enter only when the risk to benefit ratio is good. A part from that better stay out.

WELCOME TO WORLD OF FOREX

FOREX is the auditorium where currency of a nation is exchanged for another nation’s currency. The currency market is the biggest economic market in the world, with over $ 1.9 trillion changing hands on an extra day to three times the aggregate amount of U.S. Treasury shares and mixed markets. It is not like most economic markets. The Foreign exchange market has no significant location and central exchange .It operates through a worldwide group of corporations, individuals and banks trade a currency for a new one. The need of physical exchange enable the Forex market to work 24 hours a day, covering different areas across all major financial centers.

Forex trading is becoming increasingly popular due to its availability through the Internet and high speed Internet today. Some people have made a life out of currency trading. Not easy, but we all have to start somewhere. Here there will be information on the forex market, forex brokers, signal forex, currency board, the technical study and the fundamental study of currency and more.

There will be other posters, Forex traders to help other article here. Come and learn to trade Forex. See how easy it is to actually make money and lose money as well.
There will be other posters, other forex traders that will contribute article here. Come and learn to trade forex. See how easy it is actually to make money and to lose money as well.

how to make money trading forex

In the currency market, buying or selling of currencies. Placing a trade in the foreign exchange market is simple: the technical aspects of a trade are much more similar to those found in other markets (like the stock market), so if you have any experience in negotiation, must be able pick up fairly quickly.

The purpose of Exchange is to exchange one currency for another, hoping that the price will change the currency you bought increases in value compared to what you sell.

How to Read Forex Quote

Currencies are always traded in pairs like the EUR / USD or USD / CHF. The reason is quoted in pairs, as each currency transaction is the simultaneous buying of one currency and selling another. Here is an example of an exchange rate of sterling against the U.S. dollar:

GBP / USD = 1.7500

the currency to the left of the slash ("/") is called the base currency (in this example, the pound sterling) and the right is called the coin or currency trading (in this example, the U.S. dollar).

When buying, the exchange rate indicates how much you pay in the budget of the unit of currency to buy one unit of base currency. In the above example, you have to pay U.S. $ 1.7500to buy 1 British pound.

When selling, the exchange rate tells you how many units of currency trading are obtained through the sale of one of the base currency. In the example above, you will receive U.S. $1.7500to sell 1 British pound.

The base currency is the "basis" for the purchase or sale. If you buy EUR / USD this basically means you are buying the base currency and simultaneously selling the quote currency.

You should buy the pair if you believe the base currency can be seen in connection with foreign exchange trading. You must sell the pair if you think the base currency will depreciate the currency in relation to the account.

Long / short

first, it must determine whether to buy or sell.

If you want to buy (which actually means buy the base currency and sell the quote currency), you want the base currency to rise in value and then sold again at a higher price. The operator of expression, this is called "going long" or taking a "long" position. Just keep in mind: long = buy.

If you want to sell (which actually means sell the base currency and buying the quote currency), you want the base currency to fall in value and then buy back at a lower price. It is recognized as "going short" or taking a "short point" Short = sell.

Bid / Ask Spread

All Forex quotes include a two-way price, supply and demand. The bid is always lower than the selling price.

The offer is the price at which the trader is willing to buy the base currency in exchange for currency trading. This means the bid is the price at which the operator will sell.

The problem is the price at which the dealer will sell the base currency in exchange for the quote currency. This means that the problem is the price at which the trader will buy.

The difference between the offer and sale price is popularly known as the spread.

An example of commercial software:

In the EUR / USD quote, the bid price is 1.2293 and the selling price is 1.2296. See how this agent makes it so easy for you to trade away their money. If you sell Euros. Click "sell" and to be sold at € 1.2293. If you want to buy Euros, click "Buy" and you are buying € 1.2296.

In the following examples, I use fundamental analysis to help us decide whether to buy or sell a specific currency pair. If you always fell asleep during your economics class or just out of economic class, do not worry, we will cover fundamental analysis in a later lesson. For now, try to pretend he knows what is happening.

EUR / USD

In this example euro are the base currency and thus the "basis" for the buy / sell.

Considering the U.S. economy continues to weaken, which is bad for the U.S. dollar, you could do a BUY EUR / USD order. In doing so, you have bought euro’s in the expectation that they will rise versus the U.S. dollar. If you believe the U.S. economy is strong and the euro weakened against the U.S. dollar ended you would trade EUR / USD. When you have sold euros in the expectation that they will fall versus the U.S. dollar.

USD / JPY

In this example, the U.S. dollar is the base currency and thus the “basis” for the buy / sells.

If you think the Japanese government is going to weaken the yen in order to help its export industry, you would execute a BUY USD / JPY. In doing so, you have bought U.S. dollars in the expectation that they will rise against the Japanese yen. If you believe that Japanese investors are taking money out of U.S. financial markets and the conversion of every dollar back to Yen, and this will hurt the U.S. dollar would conduct a sale of USD / JPY. In doing so, has sold U.S. hopes dollars in that they will depreciate against the Japanese yen.

GBP / USD

In this example euro are the base currency and thus the "basis" for sale.

If you think that the British economy will continue to do better than the U.S. in terms of growth, you would execute a BUY GBP / USD order. In doing so, you have bought pounds in the expectation that they will rise versus the U.S. dollar. If you believe that the British economy is slowing, while the U.S. economy remains vibrant, you would execute a SELL GBP / USD order. In doing so pounds, which have been sold at the prospect of a decline in value against the U.S. dollar.

USD / CHF

In this example, the USD is the base currency and thus the "basis" for the purchase and sale.

If you think the Swiss franc is overvalued, you should make a purchase of USD / CHF. In doing so, you have bought U.S. dollars with the hope that they will appreciate versus the Swiss franc. If you believe that because of the instability in Iraq and U.S. financial markets the dollar will weaken, you would execute a sell USD / CHF. By doing so you have sold U.S. dollars in the hope that they will depreciate against the Swiss franc.

I do not have enough money to buy $ 10,000 EUR. Can I still trade?

You can trade the tip! Margin trading is basically a term used for trading with borrowed capital. That’s how you're able to open $ 10,000 or $ 100,000 positions with $ 50 or $ 1,000. You can conduct relatively large transactions, very quickly and cheaply, with a small amount of initial capital.

Business Edge in the foreign exchange market is quantified in lots. Just think of the word "lot" as the minimum amount of coins you have to buy. When you go to the supermarket and buy an egg, can not only buy a single egg, come in dozens or "lots" of 12. In Forex, it would be foolish to buy or sell $ 1 EUR, usually come in "lots" of $ 10,000 or $ 100,000 depending on the type of account you have.

For example:

You believe that a signal in the market indicates that the pound sterling against the U.S. dollar increase. Open 1 lot ($ 100,000) for the purchase of a pound, with a margin of 1% in the price of 1.5000 and wait for rising rates. This means that now control $ 100,000 worth of British Pound with $ 1,000. His predictions come true and you decide to sell. Closes 1.5050 situation .You earn 50 pips or about $ 500. (A pip is the smallest price movement available in a coin). Thus, for an initial capital investment of $ 1,000, it has an efficiency of 50%. Back profit equals $ 500 divided by that risked $ 1,000 to trade.

Its stock of your money GBP USD

to buy 100,000 pounds at the exchange rate of 1.5000 USD GBP 100,000 -150,000 $ 1.000

Blink for two seconds and the GBP / USD exchange rate rises from 1.5050 and to sell. -100,000 150,500 ** $ 1,500

you have earned a profit of $ 500. 0 +500

deciding to close a position, the deposit is returned and originally calculating profits or losses is done. This gain or loss is then credited to your account.

We will also discuss more leeway in depth at the next lesson, but I hope you can get a basic idea of how the margin.

Rollover

No, this is not the same as rollover minutes from your cell phone company. For positions open at 5pm EST, there is a daily interest rate or overturning of a seller pays or earns, depending on your established margin and position in the market. If you will not earn or pay interest on your positions, simply make sure it is closed at 5pm EST, to set the market day.

Since every currency trade involves borrowing one currency to buy another, interest rates rollover is an inherent part of FX trading. Interest is paid in the currency that is borrowed, and won in that purchase. If a customer is buying a currency with an interest rate that he / she is borrowing, the net differential will be USD positive (i.e. / JPY) - and you will receive the funds as a result. Consult your adviser details overturned.