Thursday 14 November 2013

Open Live Forex Trading Account

In order to start trading financial instruments on-line with Dukascopy Bank, you have to follow an easy step-by-step procedure:
  1. Register on-line and get the account opening documentation.
  2. Fill in the papers, sign and send them to Dukascopy Bank.
  3. Fund your account and receive your login/password.
1. APPLY ON-LINE
You may apply for account online - just fill in the registration form by performing the following STEPS
Register now
2. FUND YOUR NEW TRADING ACCOUNT
Upon acceptance of your account opening documentation, you will be provided with your account number and Dukascopy Bank details. Make your initial payment via wire transfer to our bank account. The minimum amount of the initial deposit is USD 5,000 or its equivalent in other currencies. When making your payment, please indicate your account number.
How to fund your account
3. RECEIVE YOUR LOGIN AND PASSWORD
Note: Please name your Introducing Agent (if any) in the initial step at the time of applying for your live account. It will not be possible to add such Agent after the approval of your account opening request by Dukascopy Bank.
If you wish to contact us regarding account opening, please use the following contact details:info@dukascopy.com,: +41 22 799 4888. Feel free ask for a call-back.

Open DEMO account

The DEMO Trading Platform is a full replication of the Live SWFX – Swiss FX Marketplace (same functionalities and same data feed). Orders given through a DEMO trading account are executed in a fictitious manner on the basis of SWFX – Swiss Forex Marketplace real market data. The main features of the trading services:
  • Security of the funds
  • Tight Spreads, starting from 0.1 on EUR/USD
  • ECN-liquidity (100 – 200 Mio. on Majors)
  • Instant execution
  • No price and execution manipulations
  • Equal prices and liquidity for all clients
To open a DEMO account for a period of 14 days please follow the instructions below.
ECN demo account registration

Open Your Current Account Now

In order to open your Current Account, please follow these easy steps:
  1. Register on-line and print the documents regarding the opening of an account;
  2. Fill in the documents, sign, and send them to Dukascopy Bank SA;
  3. Fund your account, following instructions of your relationship manager;
  4. Receive your login and password for e-banking service.
 
You will need to make an initial payment via wire transfer to your Dukascopy Bank Current Account. The minimum initial deposit is CHF 50,000 or its equivalent in another currency.
The better we know you, the better we can serve you. For this purpose we may ask you questions necessary to understand your profile and needs.

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the largest and most accessible financial market in the world, but although there

are many forex investors, few are truly successful ones. Many traders fail for the same reasons that investors fail in other asset classes. In addition, the extreme amount of leverage - the use of borrowed capital to increase the potential return of investments - provided by the market, and the relatively small amounts of margin required when trading currencies, deny traders the opportunity to make numerous low-risk mistakes. Factors specific to trading currencies can cause some traders to expect greater investment returns than the market can consistently offer, or to take more risk than they would when trading in other markets.

Forex Market Trading Hazards
Certain mistakes can keep traders from achieving their investment goals. Following are some of the common pitfalls that can plague forex traders:

  • Not Maintaining Trading Discipline
    The largest mistake any trader can make is to let emotions control trading decisions. Becoming a successful forex trader means achieving a few big wins while suffering many smaller losses. Experiencing many consecutive losses is difficult to handle emotionally and can test a trader's patience and confidence. Trying to beat the market or giving in to fear and greed can lead to cutting winners short and letting losing trades run out of control. Conquering emotion is achieved by trading within a well-constructed trading plan that assists in maintaining trading discipline.
  • Trading Without a Plan
    Whether one trades forex or any other asset class, the first step in achieving success is to create and follow a trading plan. "Failing to plan is planning to fail" is an adage that holds true for any type of trading. The successful trader works within a documented plan that includes risk management rules and specifies the expected return on investment (ROI). Adhering to a strategic trading plan can help investors evade some of the most common trading pitfalls; if you don't have a plan, you're selling yourself short in what you can accomplish in the forex market.
  • Failing to Adapt to the Market
    Before the market even opens, you should create a plan for every trade. Conducting scenario analysis and planning the moves and countermoves for every potential market situation can significantly reduce the risk of large, unexpected losses. As the market changes, it presents new opportunities and risks. No panacea or foolproof "system" can persistently prevail over the long term. The most successful traders adapt to market changes and modify their strategies to conform to them. Successful traders plan for low probability events and are rarely surprised if they occur. Through an education and adaptation process, they stay ahead of the pack and continuously find new and creative ways to profit from the evolving market.
  • Learning Through Trial and Error
    Without a doubt, the most expensive way to learn to trade the currency markets is through trial and error. Discovering the appropriate trading strategies by learning from your mistakes is not an efficient way to trade any market. Since forex is considerably different from the equity market, the probability of new traders sustaining account-crippling losses is high. The most efficient way to become a successful currency trader is to access the experience of successful traders. This can be done through a formal trading education or through a mentor relationship with someone who has a notable track record. One of the best ways to perfect your skills is to shadow a successful trader, especially when you add hours of practice on your own.
  • Having Unrealistic Expectations
    No matter what anyone says, trading forex is not a get-rich-quick scheme. Becoming proficient enough to accumulate profits is not a sprint - it's a marathon. Success requires recurrent efforts to master the strategies involved. Swinging for the fences or trying to force the market to provide abnormal returns usually results in traders risking more capital than warranted by the potential profits. Foregoing trade discipline to gamble on unrealistic gains means abandoning risk and money management rules that are designed to prevent market remorse.
  • Poor Risk and Money Management
    Traders should put as much focus on risk management as they do on developing strategy. Some naive individuals will trade without protection and abstain from using stop losses and similar tactics in fear of being stopped out too early. At any given time, successful traders know exactly how much of their investment capital is at risk and are satisfied that it is appropriate in relation to the projected benefits. As the trading account becomes larger, capital preservation becomes more important. Diversification among trading strategies and currency pairs, in concert with the appropriate position sizing, can insulate a trading account from unfixable losses. Superior traders will segment their accounts into separate risk/return tranches, where only a small portion of their account is used for high-risk trades and the balance is traded conservatively. This type of asset allocation strategy will also ensure that low-probability events and broken trades cannot devastate one's trading account.
Managing Leverage
Although these mistakes can afflict all types of traders and investors, issues inherent in the forex market can significantly increase trading risks. The significant amount of financial leverage afforded forex traders presents additional risk that must be managed.

Leverage provides traders with an opportunity to enhance returns. But leverage and the commensurate financial risk is a double-edged sword that amplifies the downside as much as it adds to potential gains. The forex market allows traders to leverage their accounts as much as 400:1, which can lead to massive trading gains in some cases - and account for crippling losses in others. The market allows traders to use vast amounts of financial risk, but in many cases it is in a trader's best interest to limit the amount of leverage used.

Most professional traders use about 2:1 leverage by trading one standard lot ($100,000) for every $50,000 in their trading accounts. This coincides with one mini lot ($10,000) for every $5,000 and one micro lot ($1,000) for every $500 of account value. The amount of leverage available comes from the amount of margin that brokers require for each trade. Margin is simply a good faith deposit that you make to insulate the broker from potential losses on a trade. The bank pools the margin deposits into one very large margin deposit that it uses to make trades with the interbank market. Anyone that has ever had a trade go horribly wrong knows about the dreadful margin call, where brokers demand additional cash deposits; if they don't get them, they will sell the position at a loss to mitigate further losses or recoup their capital.

Many forex brokers require various amounts of margin, which translates into the following popular leverage ratios:


Margin Maximum Leverage
5% 20:1
3% 33:1
2% 50:1
1% 100:1
0.5% 200:1
0.25% 400:1
The reason many forex traders fail is that they are undercapitalized in relation to the size of the trades they make. It is either greed or the prospect of controlling vast amounts of money with only a small amount of capital that coerces forex traders to take on such huge and fragile financial risk. For example, at a 100:1 leverage (a rather common leverage ratio), it only takes a -1% change in price to result in a 100% loss. And every loss, even the small ones taken by being stopped out of a trade early, only exacerbates the problem by reducing the overall account balance and further increasing the leverage ratio.

Not only does leverage magnify losses, but it also increases transaction costs as a percent of account value. For example, if a trader with a mini account of $500 uses 100:1 leverage by buying five mini lots ($10,000) of a currency pair with a five-pip spread, the trader also incurs $25 in transaction costs [(1/pip x 5 pip spread) x 5 lots]. Before the trade even begins, he or she has to catch up, since the $25 in transaction costs represents 5% of the account value. The higher the leverage, the higher the transaction costs as a percentage of account value, and these costs increase as the account value drops.

While the forex market is expected to be less volatile in the long term than the equity market, it is obvious that the inability to withstand periodic losses and the negative effect of those periodic losses through high leverage levels are a disaster waiting to happen. These issues are compounded by the fact that the forex market contains a significant level of macroeconomic and political risks that can create short-term pricing inefficiencies and play havoc with the value of certain currency pairs.

Conclusion
Many of the factors that cause forex traders to fail are similar to those that plague investors in other asset classes. The simplest way to avoid some of these pitfalls is to build a relationship with other successful forex traders who can teach you the trading disciplines required by the asset class, including the risk and money management rules required to trade the forex market. Only then will you be able to plan appropriately and trade with the return expectations that keep you from taking excessive risk for the potential benefits.

While understanding the macroeconomic, technical and fundamental analysis necessary for trading forex is as important as the requisite trading psychology, one of the largest factors that separates success from failure is a trader's ability to manage a trading account. The keys to account management include making sure to be sufficiently capitalized, using appropriate trade sizing and limiting financial risk by using smart leverage levels.

Tuesday 22 October 2013

Secret Forex career

Secret Forex career
Basic strategies - where it starts all foreign currency traders learn.In the basic strategies are used for simplified rules of distinction and Note models in the charts , in addition to using a single indicator or two . By learning how to distinguish and note the simple models , traders can foreign currency ( forex ) freshmen smooth transition to systems and methods of the more advanced trade .We start from the simplest forex trading strategies that will help Almtadol the novice to identify the points of conquest and anticipate market shifts , and will be gradually progress to more advanced trading systems .Before we start : Two words for stop - loss order - must be identified either a fixed number of points ( Vives ) (You can try to use the 20-30 points ( Vives ) in trading systems easy ) , or , if allowed this chart , a little more than last Top / lowest point swing for the price of the currency .Note each Traders Almtdoualn : the following trading strategies are shown here only for educational purposes only. Trading rules could be subject to interpretation and explanation . The degree of risk can rise dramatically in extreme cases of the market. You can use the ideas set forth or modified to fit with your own style in circulation, but only at your own risk . We recommend that you test your trading system on a demo account before investing real money
Forex trading strategy ( transmission of fast-moving averages )Trading systems that rely on fast - moving averages are easy to follow. Let's look at this simple system .Currency Pairs : AllTimeframe tables : an hour to 15 minutes.
Open rules : When you reach the 10 EMA to the 25 EMA and then to the 50 EMA, after / Buy the direction the 10 EMA clearly when approaching from the 50 EMA. ( Just waiting for the price of the currency column for approaching the site woes of the 50 EMA , waiting helps to avoid false signals ) .
Closing rules : 1 possibility : When you return the closing 10 EMA and touches the 50 EMA ( again , better to wait until the column is approaching the current price of this " contact " from the opposite direction for the 50 EMA).
Pros : ease of use , and get very good results as the market moves , while the price movement made ​​great strides .
Cons:Moving the cursor is an indicator of rapid follow-up , or late cursor / backward , which means that he does not predict future movements in the market, and reflects the current situation in it. This feature makes it weak.
First, because he could change the indicators in any moment , secondly - you must monitor all the time, Third - can Battiy index wrong signal when trading in the market on the parties (non- moving ), and بتأرجح light at the price, it is preferable not to use in a period such as
Forex trading strategy ( High - Low random (stochastic))Forex Systems that rely random index to monitor prices , give very good advice about the market situation for those involved in it .
Currency Pairs : AllTimeframe : AllIndicator: Full random (3, 3 , 14)
Open rules : When the random index falling below the 20 , 10 and up , and then mounts and back to 20 - Make your request .Open rules : You sell when the rise of the index over the 80 random and bringing them to the 90 , and then falling into the 80 's .
DoD rules : the deal unto while randomized indicators up to the corresponding bodies ( 80 orders , 20 requests for Sale).
Positives: This indicator gives buy and sell signals very accurate in markets that are moving well.
Cons: requires periodic monitoring . Advisable to use random index in addition to other indicators in order to avoid opening when the wrong signals

Forex trading strategy (RSI high - low )Although it from others as possible of any trading system rely on the RSI indicator alone, the use of this indicator in addition to other tools and sound technical analysis can bring new limits to your trading foreign currencies .
Setup:Currency Pairs : AllTimeframe : AllIndicator : RSI 14 in both 70 and 30.
Open rules : You buy when the RSI drop below the 30 , getting off to a minimum, and then rise again to 30 .Open rules : You sell when the rise of the index above 70 , and machined to the top , and then dropping to 70 .
Closing rules : do not exist.
Positives: an RSI very good reference to confirm any opening of any trading system simple or compound . Regarding the current trading style it gives good guidance to open, but the opportunities are not available in abundance.
Cons: need to monitor , the appearance of wrong signals . It is recommended that this strategy used in addition to other strategies
Forex trading strategy ( random cross the lines )Here an overview of the role of the index indiscriminate circulation of foreign currencies . Accurate knowledge of what can be expected from the index random , if there are plans to use it in your system , will significantly affect the results. For this trading system :
Currency Pairs : AllTimeframes : AllIndicator : random ( 3, 3 , 14)
Open rules : your purchase when it exceeds the rapid random font slow and rise above it .
Closing rules : do sell in the reverse situation ( when you get the next overtaking ) and immediately after that open in the reverse direction . In the case of the next monitoring of contact ( the possibility of bypassing ) , it is recommended that you wait for the next column lock Price , and then take a new step .
Positives: the possibility of identifying the rules of opening and closing , ease of use .
Cons: random index is a lagging indicator - With all these excesses of sin, can the emergence of many false signals . The Almtdoualn can change the indicator random settings for each currency pair , so as to avoid false signals in the best possible way . This is a good system when it is used together with other systems
Forex trading strategy ( indiscriminate index multiplier )Using random multiplier in the analysis , also doubled the accuracy of trading. But in spite of that , it should be remembered that with all forex trading tool is added , there is potential for further installation , orientation particular compound is not always good .
Strategic requirements :Currency Pairs : AllTime frames : one hour , one dayIndicator: Full random ( 9.9 , 21) , full random ( 3.3 , 9)
Open rules : When you bypass the line indicator shows the random ( 9.9 , 21) - then conquest , or wait until the current price column locks , and then your conquest . This would be a major trend .
Look for the index to random ( 3.3 , 9) to anticipate swings inside the main vector , and then enter the market again - open additional operations . Also ignore the random movements of the cursor (3, 3 , 9) , which indicate short - term lock . Do not lock any operation until the cursor is random ( 9.9 , 12) to give a clear signal to do so.
Lock rules : in the following situation to overcome the main lines of random index ( 9.9 , 21 )
Positives: use two indicators Ashoaúaan helps to see the main vector in addition to swings inside. This gives a more precise rules to open , and rules of good closure .
Cons: need for constant surveillance , dealing here again with a lagging indicator .

Trading reserve

Trading reserveThe reserves in the field of trading Forex trading is not a complex concept as some people make it . The easiest way to look at trading reserves are as follows:
Basically, when the rolling trading it uses the reserve account balance short-term free of the institution providing the reserve. Short - term balance of the account used to purchase the amount of currency greatly exceed the value of the account of trader . Consider the following example:
Example: Trader x has an account with 50,000 euros in " ACM " ACM. The trading value of 1000000 euro against the U.S. dollar . This equates to a reserve rate of 5 % ( 50,000 equal to 5 % of 1,000,000 ) . How can a trader x that trades an amount equal to 20 times the money that you owned ? The answer is that " ACM " ACM give it temporarily required to balance the transaction that it wishes to do. Without reserve, will not be able rolling Q of the purchase or sale of more than 50,000 at a time. In the standard accounts apply " ACM " ACM backed up with a minimum of 1%. Trading with " ACM " ACM , owns the rolling ability to conduct transactions worth 5,000,000 euros at one time .
Performs backup and function of guarantee to cover any losses that may be incurred . Since it does not buy or sell anything for delivery, the only requirement , and certainly the only goal of owning funds in your account is getting sufficient reserves .
The capacity provided by ACM reserves reflect our willingness to provide traders with the level of risk that they would like to work on the basis of , but we do not recommend trading close to 1% reserve where this is accompanied by a huge risk . But the choice in the end leaves the trader to conduct transactions that fit his desire for risk

Why depend on your decision to open trades

Why depend on your decision to open tradesThis very important question . High sensitivity is . Suggests tremendous desire espionage . I read in his own words foray Arab merciless . I'm afraid accusations discreet on what may be exposing useful.  huge responsibility .Ibgat me a brief answer , honest, tell his Waddell mean ?I say: adopted in the decision to open the My Position on myself , and myself only.
Omzah or escape back ?
No , but brevity and reach the goal from the nearest roads and easier ways .I rely on myself. These myself from it deems to be ?STAT countless nights , nights spent in deciphering  candles in front of me on what they call a chart . Post it for many days defined by comparative cases hinted at their faces resemblance , trying to find the faces of dispute . Moreover the moments of doubt and fear and hesitation , for a man who can not feel something from them . Collect three cases of loss, bend at noon and not harder . Add all that to the determination of very stubborn Rashid .Do it all , located on myself .No one nor anything , what of the book nor of the program , no coach nor of course , can benefit me , or you can Tnfk , in Atkhave for resolutions , or in you make a decision , as AS POSSIBLE myself, as it should AS POSSIBLE yourself.These myself from it deems to be ?Myself this is not literature that worked on the contents resorption , but not the articles that went out to check detail , but not theories that Ankppt on the analysis , not analysis , which began testing.Myself this is not a candlestick , and support and resistance lines , and the rising trend lines and sagging , nor the market Almnhsr channel between Khtiha , nor divisions Alphipponaksa , nor Elliott waves .Myself this is not a medium cruise lines , which is not the indicators RSI or MACD nor the STOCHASTIC not many many -fold .Myself this is not the economic data released by Statistics institutions , or from the ministries of trade and financial crisis, or the various central banks .Myself , this is not the level of inflation , and the level of confidence or consumer credit or price , nor is GDP , and retail sales , durable goods.Myself these are not decisions raise interest rates or reduced , it is not Mr. Jreenspn statements , nor Mr. Trichet , data , or other maneuvers of the heads of the banks acquired the ability to influence the market move up or down .Myself is not one of all of the above , can be myself all of the above ?Yes you may be, or tell it as well.If there is one thing I do know and ascertain remember him and love him and I share it with not hide his secret :Myself is juicer so voluminous , and Khmarzlk mix -fat, of learning , and education , and experiences , and lessons , and mistakes , and lessons , and fear , and delusion , and greed , and conviction , and disappointments , and successes , and shivers , and smiles .Myself is ash uprising after bankruptcy break it , and did not know Bankruptcy visits can not be known for-profit value. Myself is a genie emissions of  hunter, and refracted decision collect victory.Myself are those non- glaring from the depths of my heart : this whispers deal for you by the demon of greed is not working the will of the demon of greed . And comply with my hands to myself overtones .Myself is so soft feeling Pacific Madgdg for profit desire that must have been known to have Ahsha everyone who reads these lines. Are those Aloouchet silent hidden : Now, now, this is one of the deals that are born days is male, and Stldaleom , twins were male ( and we are people who still prefer, unfortunately , and Garhak , baby boy ) and comply with hands to Schuchat myself.
Q : Do you mean that the possession of the secrets of technical analysis is not sufficient for success in achieving a profit?
A: owning the secrets of technical analysis is the degree of knowledge that is incalculable. Is a substance of learning materials and specialty, medical student receives in a year of collected scientific . Is studied and material benefit him every day during the exercise of his work a certain percentage without feel so . But at some stage of the exercise successful , I see him morning and evening on other bases , and other secrets , she rules it , and the secrets is , while not look like those studied in his youth beside her only letters rigid land, is of no use nor need for them.Imagine surgeons convene to review the lesson had previously learned years ago , then returns to the application of the lesson in its surgical process .Imagine a football player to stop on the field and claimed the attack plan draws on paper kept in his pocket before he carried out on the ground .Imagine a motorist opens the book to learn by driving his car on the seat adjacent to the driver 's seat and back him in every obstacle  in his memoirs .Technical Analysis is a book that the driver knew the initial principles of leadership , and briefed him on the traffic laws , unwanted and balances to do, but driving a car that can not be learned book .Imagine the driver of the car , which he did in front of the imminent danger only pressed his foot and with all his strength to brake the car. Imagine and compare it with driver last increased on light pressure on the brake other mental agility made ​​him a lightning fast turn his car left or right to avoid the coming catastrophe . Alice second chance to survive the first doubles luck .Possession of the secrets of technical analysis , is to acquire the secrets of driving a bike through a small booklet can each take it , is to own secrets lead the masses in a small booklet can each be purchased . Transfer these secrets into the actual application is the secret of all secrets , Hoxash all ideas.Study the technical analysis in all its details , Save apparent heart of each character of the letters , then, that sounded the hour - hour closure of a deal disastrous mistake in the open - has been delayed for one moment for decision - making and implementation , and now you 're one of the losers .Based on what I knew of the rules of technical analysis as a whole, what put them recently , and the custom of centuries, then, do not be liberated from those stupid deadly what haunted thought , but the recess , and accompanied by hand only and Ogletha , Do-it- and you are only losers .Possession of the secrets of technical analysis is to own exchange rules and grammar of any language of living languages ​​, does possess Grammar makes property a man of letters or a writer or a poet ?Possession of the secrets of technical analysis is to acquire the secret of extracting hundreds of colors of only three colors . Was the Color Mixer days painter creative creative artist ?Possession secrets of technical analysis . I study and train on their application. However , beware that stands at this point, it is little knowledge and you have to know a lot

How to take advantage of economic data

I will in the following explanation of how to take advantage of economic data as the best and most effective where I will explain all the stages that the investor should know for the trading of the best and biggest gains . The first step of course is very important where the focus of which the most important economic indicators , which are issued every day , where the number of indicators issued daily by countless . It is impossible and difficult to follow them all , so you should not waste time focusing on the weak indicators of influence and care indicators that took the famous over the years and traders behave the time of issuance . Where usually be arranged data according Ahmita in numerous locations many different Kalallowan ways or reference to the important ones . For example, given the consumer price index ( CPI ) and gross national product is one of the most important data which is published in each country , which have a severe impact on the rate decision , which is adopting in its bank of every month (usually 8 decisions per year).
The second step that the investor must be followed is to understand the type of news that will be announced on the same day and the economic reality which is expressed , where we see that the consumer price index , for example, refers to the aggravation of prices and the need to raise interest rates to restrain and home sales index refers to the strength of the real estate sector and its effectiveness , and so on forth .. understand the meaning of economic indicator carefully makes a quick decision - making and for a given reaction and take a crucial decision within a short period of time , which the investor earns a high skill .
The third step is to learn the history of the news and refer back for comparison. But the news and data released in the past be guaranteed and are included in the current market price . On the other hand , the history and the record is also a role and if you can link between the events , it is very good . Successive follow - up of the news over the months to make this data and the data familiar to you and what is its relationship to the economy . Generally every economic indicator will be displayed next to it on the agenda calendar some previous reports about him .
The fourth step is the moment of the release of the news and comparison rapid between the actual result and expected as I have already touched on before that , where should the comparison between the given released if it has exceeded expectations or  or released 
How to take advantage of economic data
exactly , ranging data between countries in the possibility of a paradox between the expected and which is already released
where we see that he usually issued European data without unexpected surprises and close to analysts' expectations, while the recorded economic data issued in the United States discrepancy between the actual result and what is expected. Here I should mention that some investors are betting on a given release of better than expected or worse before the issuance of the given himself and thus make a certain trend , according No more guessing , but I would advise a boat ride with the tide after its inception .
The fifth step is opposite in direction currencies . Must check the prices of non - dollar currencies , or so - called very Arabic Currency decussatio . As is known , the value of the dollar against a particular currency may sometimes change due to changes in the value of these rates against currencies other than the dollar For example, if the yen rose very sharply against the British pound . In other words dropped the pair GBP / JPY it may cause a decrease of the pound against the U.S. dollar any  in the value of the pair GBP / USD.

Speculation against the investment - daily trading versus intermittent conditions

It is very important for the person who wants to foreign currency trading to be aware of the obvious difference between speculation and investment . Forex trading is speculative in nature work . The foreign exchange markets among the most volatile markets in the world. When are traded on the basis of the reserve has already become the most volatile markets in the world.
Day Trading
Can be traded in a single day in the field of foreign currency is very profitable and can be for traders who risk significant risks to be born so huge proportions revenues between overnight . But trading in a single day longer active exhausted mentally and psychologically it is certainly not suitable for anyone. Is trading within one day at baseline and speculative traders Daily act substantially as follows : Trading in a single day. But most people who trade foreign currency are not considered professional traders day laborers .
Alternative daily trading
Be contractors brokerage services in forex trading often professionals in the field or another. These people and does not trade daily , but make certain situations from time to time . This is also speculation should not be confused with doing the investment.
The result
We can deduce from this that the nature of foreign exchange trading does not fit the investment as far as fit and speculative coverage ( coverage can be done in future tools ). Possible in terms of investment in the field of foreign exchange trading in the long term , but this requires a great value for the account balance and low impact .

Types of stock exchanges in the world


Types of stock exchanges in the world
Stock exchanges in the world is divided into five types are as follows:

1 exchange of present goods such as cotton, wheat, copper and iron
2 Stock Exchange trades contracts for non- commercial metropolis
3 immediate market ( FOREX) is the foreign exchange out of stock markets
4 Stock Exchange psychological metals such as gold , silver , diamonds and platinum
5 Stock Exchange equities , bonds and shares of incorporation .
Where mention site TejaraForex to trade the currency trading market (Forex) market , where integrates all the advantages of Forex markets and many of the parties that make up the market:
Central banks * The Central Banks
It is the most influential movements of the market because it is the most liquid and most important:
Federal Reserve Bank of American
Bank of Japan
Europe central bank
Swiss national bank
The central bank of England

   
Where brokerage firms receive the possibility of trading during which time prices of banks

    
* Brokers : Brokers
Play a primary role in the market and the aptly named mediator , the mediator between the client and between the client and the market is also an important function of Saint Jean - funded and in order to ensure your money and to cover the bank to your transactions recommend that the brokerage firm licensed by the state in which a resident .
And provide you with brokerage firms through trading platforms for the possibility of buying and selling prices of the stock market and borne briefly brokerage firm is a broker between you and the market.

What is the currency trading market ( Forex )? ? ?

And are speculative by buying and selling major currencies which holds the share of basic operations in the forex market is the U.S. dollar (USD) ( base currency) and the euro (EUR) and pound sterling (GBP) and Swiss franc (CHF) and Japanese yen (JPY).
Founded Forex market (FOREX) for financial transactions between banks in 1971 when he turned in global trade transactions of using fixed values ​​of currencies to float values ​​. And this is the result of a group of financial transactions carried out by agents of financial markets to convert a certain amount of money in one of the countries currency for another country's currency value of pre-agreed to a certain date . And identifies specific currency conversion rate for other currency simply : supply and demand for conversion approved by both parties.
And the purchase and sale of those currencies in U.S. dollars or other currencies among themselves what is known as currency pairs and so against the U.S. dollar or any other currency against another currency in value. And are considered speculative currency Win trade on the stock market , and also the most risky , because of the rapid fluctuations of the currency by the bullishness to bearishness or vice versa, and up daily volume of currency trading in the Forex market up to $ 3 trillion. And to compare recall that the size of the activities of the New York Stock Exchange does not exceed $ 300 billion per day, that half a year is needed for the New York Stock Exchange to reach the size of the currency market .
The effectiveness of the forex market hours :
The forex market is open 24 hours a day, five days a week can فلذا trading day or night .
You will find in the attached file hours the Middle Standard Time market for the four largest economic centers and be effective global market for 8 hours daily market integration produces 24 daily

FAQs in the field of Forex and answers


What is Forex Trading ? What should I know ?Forex trading is to buy a certain currency and sell the other one time . The central idea currency trading market is one currency for another switch while they are taking profit by the increase of the value of the currency in which we purchased for the currency in which we sold .
What is Forex?FX and FOREX are shortcuts to denote 
market in foreign currencies. This market is a different foreign exchange traders around the world . In this market, the value of a particular country's currency to the value weighted currency of another country . Traders reap profits by buying and selling currencies in the global forex market .
What is the size of the foreign exchange market?The foreign exchange market , also known as the forex market, or foreign exchange market , the market is the largest and most liquid financial market in the world. As the daily trading volume of over $ 3.5 trillionWhere is trading going on ?Is trading between traders around the world directly without a certain stock exchange or financial body . This is what makes the forex market depends only on trading between large banks in the world .
Volatile market ?Forex market is characterized by fluctuations some cases . Rolling can control the risk of volatility by exploiting properly leverage off the loss of the deal to the appropriate point .
When the market opens ?How different currencies are traded than traditional securities and stock trading ?
Participates in the market?Dominated central , commercial and investment banks typically the foreign exchange market . But the percentage of the other participants in the fast growing market . These participants include international money managers , brokers, and multinational corporations , and registered dealers , options and futures traders, as well as private investors .
What is the currency pairs ?Always priced in pairs , the first currency is called the base currency or currency while the second currency known as the quote currency , or currency to pay the counter currency.
 
What does the price of supply and demand?As with all financial instruments , prices are formed in the currency market of the bid and the ask price. The offer price is the price at which wants mediator buying ( selling price of the trader ) , but the asking price is the price at which wants median sales ( purchase price to the trader ) .

 
What is the spread?Called the difference between the purchase price and the selling spread (spread). Traders enjoy company YouTrade prices are very low margins on base pairs starting from one point on the EUR / USD.

What are the seven major currency pairs ?"EURO" is the husband of the euro against the U.S. dollar and symbolizes his pal EUR / USD"Cable" is the GBP against the U.S. dollar and symbolizes his pal GBP / USDUSD / JPY is the husband of the U.S. dollar against the Japanese yen and has no private label"swissy" is the husband of the U.S. dollar against the Swiss franc and symbolizes his pal USD / CHF"Aussie Dollar" is the husband of the AUD against the U.S. dollar and symbolizes his pal AUD / USD"Lonnie" is the husband of the U.S. dollar against the Canadian dollar and symbolizes his pal USD / CAD"Kiwi" is the husband of the U.S. dollar against the New Zealand dollar and symbolizes his pal USD / NZD
What are the crosses?This subset of the major currencies, non- weighted rate of the U.S. dollar :EUR / GBPEUR / JPYEUR / CHFGBP / JPYGBP / CHFYen / Swiss francEtc. ..
 
What is the pip / tick?Albebs is the smallest value of the expression of the currency. Namely the fourth status to the right of the comma at all General currencies , except the yen as the Albebs which is the second status and benevolent to the right price point ." Teak " represents the smallest possible change that occurs to the price of a currency pair in the Forex market .For example: change the price of the pair EUR / USD from 1.4796 to 1.4795 called drop by Vives / a = 0.0001

 
How do you calculate the value of 1 Vives ( points ) ?In a deal 1 lot ( 100,000 units of the base currency) , the value of one point in this deal 10 units of the second currency.Example: If the trader buying the pair EUR / USD at 1.3673 , then the price rose to 1.3773 , an increase of 100 points ( Vives ) - in this case $ 1,000 a fetus profitably.The method of calculation : Each point in 1 lot deal valued at $ 10 , so the overall tout 10 * 100 = $ 1000Calculate the value of the point as follows: the size of the deal / 10,000
What is the margin ?Margin is the amount required by the real leverage to open the package the size of a particular market . In other words , the deposit is done by rolling to be able to enter the Forex market .In the absence of a sufficient margin to support open positions, the company system Iotrad close all or part of trades to prevent a situation where a negative account balance ! Any system that prevents the loss of an amount greater than your initial deposit !Example:
The rolling deposit of $ 1,000 and use the leverage by 200:1
What is the price that change will lead to lower margin to zero ?If the rolling deposit of $ 1,000 for his account, and got the leverage by 200:1 and took advantage of all the leverage ( open the package size of 200,000) in this case the value of each Vives ( points) are $ 20 ( 200,000 / 10,000) , therefore, lower price by 50 points be enough to reset the account ( 50 * $ 20 = $ 1,000)Or in another way - 1,000 / 200,000 = 0.0050 (50 points)Thus, the largest possible loss to the trader $ 1,000 !
What is the change in price , which will double the investment ?If the rolling of $ 1,000 to the account and got the leverage of 400:1 and has opened a size of 400,000 deal , then the value of each point of $ 40 , in this case, if the Rolling bought the EUR / USD and the price rose by 25 points be lucrative $ 1,000 ( $ 25 * 40 )We have doubled the amount of the deposit

Provide commands


J Forex trading , when you buy a currency , you'll need to sell another currency in return . If you expect that the price of the base currency will rise compared with the same currency , you can choose to buy Center ( proceed ) . You can then close this place to sell when the price is reached the top. Instead , if you think that the price of the base currency will fall compared with the same currency , it will sell and enter into a short position. The idea of this is to cover your position to resume selling at a lower price .
Types of Orders
A market order is served when the Forex trader wants to enter the center immediately at the best available price at the time. Among the possible defects in a market orders that if the market moved quickly , the order is filled at a different price from the price you wanted . And called difference to slide .
Instead , if you're worried about getting the appropriate price , and you have the desire to wait and enter the market when you meet these requirements , we will place a pending order .
There are many different types of orders outstanding in forex trading :


· Under purchase - this is served when Forex traders believe that the price will begin to rise after the first landing to a specified level . And is being implemented when the demand is equal to the price is stuck .
· Buy Stop - This command is provided when the Forex trader believes that the price will continue to rise after that exceed a certain level . Also being implemented this type of outstanding orders at the asking price .
· Being sold - this is served when Forex traders believe that the price will begin to fall after that up to a certain level . And is being implemented when the price is equal to the supply is stuck .
· Turn off sale - this is served when the Forex trader believes that the price will continue to fall after landing from a specified level . Also being implemented this type of outstanding orders at the offer price .


Stops
Stop loss ( or ordered off ) is an additional type of outstanding orders designed to stop the losses by automatic closing your position if the price moves in the direction different to what I expected .
If you buy a long center , you 'll set something off somewhere down Qiedk to protect yourself from sudden decline . If you sell short center , you 'll put something off somewhere above it, in anticipation of a rise unexpectedly. You can also follow the order off the price as soon as it moves in your favor , and in this case be known that he ordered off for later .
Suspension order will be closed automatically under a long position in the case of contact with the rate of supply and is being carried out off topic on a short position when touching the price of demand .
Pleural Profit
The other thing that may lead to automatically close your position order is called pleural Profit (TP). In the same way designer out is off to protect your position in the event of something unexpected , the command pleural profit ensures close your position in the case of reaching your price target when they are not available, or in the market fast-moving when it is probable that the price reaches the target way too fast do not let you take the reaction . And generally a good idea to set the breakpoint and the target point when entering new positions.
Being in the habit identifying the target point above the current price if you are in a long position , and without the current price if you are in a short position. For long positions , will be implemented in order to reap the profit when the offer price is equal to the amount that you specify . For short positions , the price must be equal to the amount of demand profit - taking .

Money Management


Know how to manage the owner is the difference between a professional trader and merchant hobbyist. Thus, money management skills are essential for all types of traders , whether a trader uses technical analysis or fundamental analysis or basic commerce , and others. The ability to understand the meaning of open trade with high leverage can prevent the loss incurred .
The most important question that every trader should ask himself is , " What is the biggest loss that I incurred in all transactions / day? " The fact that there is no absolute answer to this question, but it is supposed to be over this loss of 3-5% of the account. And if you put an end to limit the maximum loss that can be incurred , you thus ensuring the continuation of your account is open for a longer period in the market.
Once you know the maximum loss that you can carry around , it will be easy for you to determine the level of leverage that you use . Every time you enter the market, you will have to evaluate the potential loss ( points ) and in the case that the deal does not work. Then you divide the maximum loss that can be carried by the potential loss of a specific deal . The output will be the size of the loss that can be incurred in the transaction.
For example , suppose that your account is $ 10,000 , and you have found an excellent trading opportunity on the EUR / USD and estimated that a stop - loss order is bound to be under the entry point by 100 points . Likewise , I have decided that the maximum loss that can be incurred in the transaction is $ 300. If you divide 300 by 100 you 'll learn that the maximum that you can afford the loss of this deal is 30.000. Because your account is 10.000 , the leverage that you used in this case is 1:3. This process is different computational completely if I have several deals at the same time .
The calculation above is what you 'll need to let the graph " tells " the loss is likely to occur in the deal , as they lead to consensus leverage and trading volume with the limits specified.
In the following article we will address how to manage the deal alive.

How to take advantage of economic data

I will in the following explanation of how to take advantage of economic data as the best and most effective where I will explain all the stages that the investor should know for the trading of the best and biggest gains . The first step of course is very important where the focus of which the most important economic indicators , which are issued every day , where the number of indicators issued daily by countless . It is impossible and difficult to follow them all , so you should not waste time focusing on the weak indicators of influence and care indicators that took the famous over the years and traders behave the time of issuance . Where usually be arranged data according Ahmita in numerous locations many different Kalallowan ways or reference to the important ones . For example, given the consumer price index ( CPI ) and gross national product is one of the most important data which is published in each country , which have a severe impact on the rate decision , which is adopting in its bank of every month (usually 8 decisions per year).
The second step that the investor must be followed is to understand the type of news that will be announced on the same day and the economic reality which is expressed , where we see that the consumer price index , for example, refers to the aggravation of prices and the need to raise interest rates to restrain and home sales index refers to the strength of the real estate sector and its effectiveness , and so on forth .. understand the meaning of economic indicator carefully makes a quick decision - making and for a given reaction and take a crucial decision within a short period of time , which the investor earns a high skill .
The third step is to learn the history of the news and refer back for comparison. But the news and data released in the past be guaranteed and are included in the current market price . On the other hand , the history and the record is also a role and if you can link between the events , it is very good . Successive follow - up of the news over the months to make this data and the data familiar to you and what is its relationship to the economy . Generally every economic indicator will be displayed next to it on the agenda calendar some previous reports about him .
The fourth step is the moment of the release of the news and comparison rapid between the actual result and expected as I have already touched on before that , where should the comparison between the given released if it has exceeded expectations or or released exactly , ranging data between countries in the possibility of a paradox between the expected and which is already released where we see that he usually issued European data without unexpected surprises and close to analysts' expectations, while the recorded economic data issued in the United States discrepancy between the actual result and what is expected. Here I should mention that some investors are betting on a given release of better than expected or worse before the issuance of the given himself and thus make a certain trend , according No more guessing , but I would advise a boat ride with the tide after its inception .
The fifth step is opposite in direction currencies . Must check the prices of non - dollar currencies , or so - called very Arabic Currency decussatio . As is known , the value of the dollar against a particular currency may sometimes change due to changes in the value of these rates against currencies other than the dollar For example, if the yen rose very sharply against the British pound . In other words dropped the pair GBP / JPY it may cause a decrease of the pound against the U.S. dollar any  in the value of the pair GBP / USD.Amin -udEconomic analyst in UFXBANKAmeen QussoomChief forex analyst