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![]() FOREX (FOReign EXchange market) is an international foreign exchange market, where money
is sold and bought freely. In its present condition FOREX was launched
in the 1970s, when free exchange rates were introduced, and only the participants
of the market determine the price of one currency against the other proceeding
from supply and demand. maketiva
As far as the freedom from any external control and free competition are concerned, FOREX is a perfect market. It is also the biggest liquid financial market. According to various assessments, money masses in the market constitute from 1 to 1.5 trillion US dollars a day. (It is impossible to determine an absolutely exact number because trading is not centralized on an exchange.) Transactions are conducted all over the world via telecommunications 24 hours a day from 00:00 GMT on Monday to 10:00 pm GMT on Friday. Practically in every time zone (that is, in Frankfurt-on-Main, London, New York, Tokyo, Hong Kong, etc.) there are dealers who will quote currencies. FOREX is a more objective market, because if some of its participants would like to change prices, for some manipulative purpose, they would have to operate with tens of billions dollars. That is why any influence by a single participants in the market is practically out of the question. The superior liquidity allows the traders to open and/or close positions within a few seconds. The time of keeping a position is arbitrary and has no limits: from several seconds to many years. It depends only on your trading strategies. Although the daily fluctuations of currencies are rather insignificant, you may use the credit lines, that are accessible even to currency speculators with small capitals ($ 1,000 - 5,000), where the profit may be impressive. read more.. At Forex, Foreign exchange quotes are a relation between currencies.maketiva USDCHF - the cost of $1 in Swiss Francs.
TOPIC ANOTHER LINK Forex
Tip
Trading Forex by Marketiva Broker Online. On direct quotes you buy according to ASK and sell according to BID. With backward quotes, you buy according to BID and sell according to ASK . Marketiva Marketiva Marketiva Marketiva Marketiva IndicatorMarketiva Marketiva MarketivaIndicatorTrading in the FOREX market is realized in lots. When you open a position, you can choose the number of lots you want from 1 to 10. One lot equals $ 100,000. The deposit sum for one lot will vary from $500 to $2000, depending on the credit leverage you choose. Leverage is a financial mechanism that allows crediting speculative transactions with a small deposit. We give you an opportunity to choose a credit leverage in the range of 1:200 to 1:25.maketiva In the course of trading you can fix your profit or cut
off your losses according to the commands LIMIT and STOP that have been
set up.LIMIT is set up higher than the current meaning of the price. Marketiva-forex platform | Forex Broker Online By Marketiva.Forex is the biggest foreign exchange market in
whole world. It was invented for huge players such as banks or other huge
companies but now thanks to Internet development and new platforms with
small deposits it is open for commoners! You needn't have thousands or
even hundreds of dollars to trade on forex because some platforms allow
playing with very small amount of money f.x 1$. You shouldn't treat Marketiva as a really big Foreign exchange platform and deposit here a lot of money but use Marketiva as help in education about forex or/and just for fun. SIGNAL For Gbp/Usd , SIGNAL For All , Open an account at Marketiva For Trader FOREX! open your account NOW!Forex Trading TipsTIP 1 Read both the books by Mark Douglas which cover trading psychology BEFORE you read or do anything else. If you don't, I'll say I told you so when you hit a failure barrier and don't know why. TIP 2 Stop loss policy - you MUST have one and practice, more practice and even more practice at sticking to it. It will not be easy but it is an essential discipline to profitable trading. TIP 3 Trading plan / system. Again, you MUST have one! Then you must practice sticking to it. Do not try and second guess or trade against your indicators - wait until they give you a concise signal before acting on it. TIP 4 TRADE WITH THE TREND. DO NOT trade against the hourly trend of the market unless you are VERY certain the market has turned. Check this by watching a long term moving average (say 80 SMA on 15 minute chart) TIP 5 Learn to sit on your hands and not trade! It's better to wait for good quality trades than take a mediocre one and loose money. A day of no trades is better than a day with one loosing one. If you don't like the market, just walk away. It will always be there later.
TIP 6 Don't set yourself false targets and expectations. Trading is not an EXACT science and if you do you will only become frustrated by your failure to meet them. Take what the market gives and be satisfied. Greed will kill you as a trader, both mentally and monetarily. . TIP 7 The market is rarely your friend in a trade that goes against you. Cut your losses quickly and accept them as an inherent part of trading. You will not be able to trade without some loosing positions. Manage them well! TIP 8 Try hard not to get out of profitable trades too early. Try operating a trailing stoploss of say 15 to 20 pips behind the trade (on 5 minute timeframe) and maximise your good trades by letting them run. Be patient! TIP 9 Ensure you fully understand how to generate and use pivot points and camarilla points on your trading platform. These are crucial decision points for daily trading and you will struggle without them. TIP 10 DO NOT overtrade your account. Read up on money management in trading to make sure you fully understand why this is important and develop a strategy which fits with your personal trading capital. NEVER risk wiping out your account because believe me, it can happen. I've done it twice myself! TIP 11 Learn about FIBONACCI levels and how to apply them to your charts. TIP 12 Keep your trading system simple. Do not have too much information on your trading screen. It is unnecessary and will only cause you to be confused and delay you making your trading decisions. TIP 13 Always think in terms of probabilities. Trading is all about thinking in probabilities NOT certainties. You can make all the "right" decisions and the trade still goes against you. This does not make it a "wrong" trade, just one of the many trades you will take which, through probability, are on the "loosing" side of your trading plan. Don't expect not to have negative trades - they are a necessary part of the plan and cannot be avoided. TIP 14 Ensure that the candle is fully formed on the timeframe you are trading BEFORE you enter your trade. Trade what you see, not what you would like to see. Refer: marketiva.blogster.com Forex Time
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