A Free advice for the forex beginner take it or leave it - piattaforme trading forex demo

A Free advice for the forex beginner take it or leave it ~ piattaforme trading forex demo

Majority of forex beginners are meeting their end at the dawn of their trading careers. The ship has sunk with most forex beginners before they can leave the dock and start the sail. It is often a sad tale of what begins with the visions of grandiosity. The memorial builders are busy in their preoccupation of making epitaphs they believe befits the fallen beginners in the trading of forex.

Below are some of the words inscribed in the epitaphs of the fallen forex traders.

Epitaph 1

He was a sentimental forex novice. He had this strange belief that the markets respected his feelings. He believed that the market movement would be predicated on how much he risked and that the more he risked the less likely he was to encounter a losing trade. His feelings dictated the kinds of trade set up he took. Whenever a trade went against him, he would close his position immediately. Whenever a trade was for him, he would move his trailing stop so fast that the best he ever got from the markets was the meager results of a break even point. No winning trades were ever encountered by this forex novice.

Epitaph 2

He was a forex beginner with two mouths and one ear. He was advised to demo trade before going live. He was reminded not to jump into the deep end of the pool before learning how to swim. All these lessons were given to him by expert traders. But he was so impatient and could not contain the thrill of entering a trade on a live chat. He was constantly reminded the dangers of trading the lower timeframes. But the thrill of opening and closing positions in a few minutes or in less than an hour and the desire to create quick money echoed over his single ear and deafened him to an extent that he became impervious to reason.

What words would you like inscribed on your epitaph as a forex trader? The above words portray forex beginners who were victims of their own design. A sentimental forex novice has no place in the realm of trading live forex charts. The market is not dictated by how you feel about your 100 dollars. Little or no regard at all is ever had to your investment by those external factors that control the markets.

A forex beginner with two mouths and one ear portrays the unwillingness to learn. He is preoccupied by how much he needs to make on a single trade than by how and when he should trade. When to enter a trade and how to exit a trade are two important things before the profits to be made is taken into account. The second epitaph shows a forex trader who believed that every hour was a forex trading hour. He had little regard for when to enter a trade which should only come after demo trading and mastering a particular forex trading strategy. It seems he was a victim to the numerous trading signals that form on the lower timeframes and lure you into the trap of losing trades.

As a forex beginner you must realize that you are still moldable. By taking time to read the numerous forex materials that are freely available all over the internet, you could be designing a customized traders’ ticket that will grant you a reserved trader’s sit and insure your survival in the forex traders’ hall longer than expected. If greed, feelings and an unwillingness to learn gets hold of you, then your death as a forex trader is already predicted and a foregone conclusion. The memorial builders might just as well request for a hearse and a grave for your burial before you begin trading. And trust me when I say that just like death in real life, resurrecting as a trader in this virtual sphere is next to impossible.
You do not need huge capital to start trading. Open a trading account with NORDfx and trade both forex and binary options for only 10 dollars.
Call us today on 0725 050 419 for the best forex trading orientation.

More info for A Free advice for the forex beginner take it or leave it ~ piattaforme trading forex demo:

Closing Limit Order - best forex trading app for android

Closing Limit Order ~ best forex trading app for android

Closing Limit Order

There is another type of limit order that closes a transaction, and, often, it is listed simply as a limit order by the trading platform, but this is an order to close a transaction that has already been initiated. If the initial transaction was a buy, then the closing limit order will be a sell, and vice versa. It is not necessary to specify whether to buy or sell, since this will be determined by the initial transaction. It is only necessary to specify the price.

Closing limit orders are set to take profits, so if the quote currency was purchased, then the limit order will be higher than the purchase price; if the quote currency was sold, then the limit order will be less than the sale price. If the broker’s relevant bid or ask price never reaches your limit order, then the limit will not be triggered.

For more information

More info for Closing Limit Order ~ best forex trading app for android:

Learn secrets of the most successful Fibonacci traders - forex news trading ea

Learn secrets of the most successful Fibonacci traders ~ forex news trading ea

Bank Big Profits When You Arm Yourself With a 5,000 Year-Old Secret Weapon to Pinpoint Key Market Turning Points With the Skill of a Military Marksman!"

No, its not some metaphysical mumbo-jumbo. And its not some mathematical equation that requires the I.Q. of a rocket scientist, either.

Its real. Its easy. And its possible, whether youre a newbie or a seasoned trader. You may have heard of this ageless formula before, too. Its the "Fibonacci Formula".

But before you say "Sure, I know it," wait a moment ...

... Because its not like what youve heard before! I guarantee youve never seen anything like this.

Imagine learning the skills, savvy and secrets of some of the most successful Fibonacci traders on the planet.

Better yet, imagine learning it all with such ease, speed and accuracy, you can predict key market ups and downs with laser-guided precision as fast as just in a few hours!

How?

With 12 power-packed, step-by-step video tutorials (thats several hours worth of training!), all on one, single CD.

You just pop it into your computer, sit back and watch. In fact, learn today, and you can be making cruise-controlled, Fibonacci-based trades as early as TOMORROW!

You learn all the Fibonacci Secrets in a way thats so simple, even a teenager can do it! Its Fibonacci made easy.

There are so many examples, tips, tricks, insights, rules and secrets that your head will be buzzing with new ideas and anticipation of making your first Fibonacci trades!

This is an INCREDIBLE resource thats filled with not just videos but also with guides, software and even an actual video footage of a Fibonacci-based day trade in the Emini S&P ...

... Done right right before your very eyes!

Its an entire "encyclopedia" of Fibonacci wisdom.

But if youre skeptical, let me explain.

You see, the Fibonacci Formula is not a secret in itself. Its in its specific and proper application that is. Only a handful of traders know how to properly read Fibonacci.

You need to read Fibonacci levels correctly. If not, you can make some serious errors that can cost you BIG TIME.

PLUS, youll also discover the only 2 indicators youll ever need to use to properly trade from Fibonacci levels...

... In both bear and bull markets ...
... On intraday charts or daily charts ...
... In stocks as well as futures, commodities and forex.

Check out this amazing resource by clicking this link.

Stan

Technorati tags: Forex, forex trading, Fibonacci, Fibonacci levels, Fibonacci formula
More info for Learn secrets of the most successful Fibonacci traders ~ forex news trading ea:

USDCHF Trading Strategy on 9th May (updated) Morning Trading Call - forex currency trading education

USDCHF Trading Strategy on 9th May (updated) Morning Trading Call ~ forex currency trading education

The Currency Pair Trading in Bearish Zone

USDCHF Currency pair trading with bearish bias after heating one week high of 0.9436 on Tuesdays day trade. The pair down to its resistance zone of 0.9440 due to 2nd quarter Swiss Consumer Sentiment index to minus 5 from minus 6 in first Quarter. Currently the pair trading below its Pivot point .

Trading Recommendation :-
SELL USDCHF for target of 0.9335 (Mondays low 0.9334) , 0.9310  (Fridays low 0.9309)

Resistance Level:-
0.9436 (Tuesday;s High)
0.9455 ( April 26 High)

Important Note:-
Traders are advice to trade with technical trends. Always follow fundamental analysis to get good Trading Results. 

We wish you Good Luck. Visit forexexam.blogspot.com  regularly  to increase your forex profits. We deliver latest fundamental & economic news on daily basis. Dont Forget to LIKE US ON FACEBOOK

More info for USDCHF Trading Strategy on 9th May (updated) Morning Trading Call ~ forex currency trading education:

Bank of England Leaves Interest Rate Unchanged at 0 50 - forex trading courses in south africa

Bank of England Leaves Interest Rate Unchanged at 0 50 ~ forex trading courses in south africa

BOE keep interest Rate unchanged

Thrusday , (07/02/2013) around 12 GMT Bank of England announced monetary policy . BOE lefts its key lending rate unchanged at 0.5 % matching with forecast. There has no changed made from march 2009.  Policy makers also maintained the size of the banks program of asset purchases at 375 billion pounds ($587.6 billion). 

After this announcement good bullish pattern seen in GBPUSD counter.

More info for Bank of England Leaves Interest Rate Unchanged at 0 50 ~ forex trading courses in south africa:

Mastercharts EURUSD - forex broker for news trading

Mastercharts EURUSD ~ forex broker for news trading

The major support/resistance areas for EURUSD are situated on the yellow lines and the blue/red lines are the minor areas. Here are the levels.


1.60500
1.52000
1.41000
1.16600
1.07100
0.83300
More info for Mastercharts EURUSD ~ forex broker for news trading:

Forex Trading A Good Way To Learn How To Win - forex trading apprenticeships london

Forex Trading A Good Way To Learn How To Win ~ forex trading apprenticeships london

Forex Trading - A Good Way To Learn How To Win

Online Forex trading is very popular now that most people have access to a computer and the internet. Technology advances like the internet and broadband access have spawned this new craze, where anyone with a secure internet connection can prepare him/herself to gain a small amount of training with the hopes of big profits down the road. As a Forex trader your goal will be to attempt to make more profits than losses from the fluctuations of exchange rates between currencies in the Forex market; in short, this is what is called Forex trading

For more information

More info for Forex Trading A Good Way To Learn How To Win ~ forex trading apprenticeships london:

United States US Home Price Index Continuously Climb 13th Month in Row Report 7th May (updated) - forex day trading education

United States US Home Price Index Continuously Climb 13th Month in Row Report 7th May (updated) ~ forex day trading education

United States Home Price index Climbed sharp 1.9 percent from previous month. This is the Straight 13 Months gain and 10.5% Year-on-year gain. Excluding distressed sales the monthly gain comes out at 2.4%. Strong gains comes out in Western region of America. 22.2% year-on-year gain in Nevada and a 17.2% gain in California helps to climb upward.

Stock and Forex market will react after news positively. Those traders who follow fundamental analysis during their currency trading will act in line. 

More info for United States US Home Price Index Continuously Climb 13th Month in Row Report 7th May (updated) ~ forex day trading education:

Indian Rupee Drops Marginally against US Dollar on Thursdays Late Morning Deal 09 05 (updated) - forex trading courses dublin

Indian Rupee Drops Marginally against US Dollar on Thursdays Late Morning Deal 09 05 (updated) ~ forex trading courses dublin

The Indian Rupee Down 10 Paisa to 54.26 per US Dollar in late Indian Morning Trade. Its caused because of heavy demands of US $ from importers despite its weakness overseas . The rupee resumed marginally higher at 54.14 per dollar as against the last closing level of 54.16 at the Inter Bank Foreign Exchange Market.

Rupee trading in between 54.28 to 54.14 against US dollar . (Range Bound Trading). At the Inernation Market, USD weekend against Australian dollar (AUD) in early Australian Morning Trade following stronger than anticipated monthly Jobs report fueling expectation about the next move for Australian Keys Interest Rates . 

source- The Economic Times

More info for Indian Rupee Drops Marginally against US Dollar on Thursdays Late Morning Deal 09 05 (updated) ~ forex trading courses dublin:

What Happens to your Online Forex Trading Account when you Die - forex news trading book

What Happens to your Online Forex Trading Account when you Die ~ forex news trading book

Death is inevitable yet it is uncertain when it comes. A lot of Kenyans have invested in the online forex market and a good number of them receive their daily bread from online forex trading. But what really happens to our investment as forex traders when we die? Who takes away the trading capital in our forex accounts when we die? Could it be the forex broker? Probably, I’m not certain.

The truth of the matter is that when we die, unless we brought somebody to the knowledge of our forex investment and returns therein, there is no way to know who actually takes away our forex trading capital. As Kenyans we work hard in all our endeavors and it is a sad fact that when we die everything we’ve done to make our online forex accounts profitable and the entire forex capital therein remains with some other person. Even if the forex broker provides us with some little assurance that our families may claim on our behalf, there is just no mechanism to make sure that everything in our online forex account reach those that we prefer when we die.

There are a million and one ways through which any Kenyan can meet his or her death. Terrorist attacks are on the rise, road carnage is spiraling up and even stray bullets once a while picks on the innocent. Unless you are diagnosed with a terminal illness like cancer, no Kenyan ever gives much thought to the advantage of writing and leaving back a will. Most Kenyans die intestate hence depriving their dependents the enjoyment of their investment whether it derives from the online forex market or any other source.

Below are some of the things that any Kenyan engaged in online forex trading can do to minimize the dangers of losing everything in their forex accounts when they die.

Withdraw the profits you make in online forex trading

Unless your forex trading account is so small, there is really no need for any Kenyan to put all their money in the online forex trading account. As a successful online forex trader, you will make profits through winner trades and it is important that you withdraw your profits to improve your standard of living. Do not let the money you are not using to trade forex to lie idly with your forex broker in your online forex trading account.

Every Kenyan with a sizable forex account and with a successful forex trading history should therefore withdraw the profits they gain from online forex trading. This withdrawal could happen at the end of every month or as frequently as you may agree with your forex broker. Only your trading capital should be available in your forex trading account.

With an unexpected death, the effect of a sudden death will not deprive entirely your Kenyan family or any other dependents from enjoying your investment in the online forex market. The process of proving death of any Kenyan to an online forex broker based in London or New York can be tedious and a discouragement. There are legal issues involved such as getting probate. The cost of recovering the forex investment could in the end be higher than the amount in the online forex account. You see, online forex brokers don’t provide certificates like share certificates issued by listed companies. With a share certificate it is easier to ascertain the benefit or loss of going after the investment. This form of certainty is not available in an online forex trading setup.

Inform a family member or a close friend of your online forex investment

The dangers of being secretive is that you go into your grave with a lot of information. In a way it affects your legacy negatively because you leave nothing for those that come after you. Your absence is no longer felt and even if others might term your departure as a terrible loss, they really don’t mean it. All Kenyans engaged in online forex trading must inform a close family member or friend of their investment. It becomes easy to know where to start from if some information is left behind. Let a family member know the online forex broker you are using, the amount of forex capital in your forex account and how long you have been trading in the forex market. This is a simple safeguard requiring no legal formality. It simply involves opening up to a trusted family member or Kenyan friend. Open up to avoid the dangers of living your entire forex investment to the moles.

Write a will

A will should be written by every Kenyan. The agony you cause your family and dependents when you die without leaving a will are far greater than the agony caused by your death. Make a will and let it speak for you after you are gone. The will keeps your authority, it controls the excesses of greed by dishonest family members, keeps the family united and positively impacts on your legacy. Include your online forex trading account in the will. Give the details of your forex broker. You could even provide your forex trading name and account password in the will. Keep the will with a lawyer or someone you trust. It will be a life well lived.

Safety measures are necessary because we are never sure of when we may breathe our last. Every Kenyan with an investment in the online forex market should adopt one of the above safety measures. They are all simple things to do and involve little or no money. The concept of being too secretive is born out of individualism and personal greed. You will not trade forex in your grave.
You do not need huge capital to start trading. Open a trading account with NORDfx and trade both forex and binary options for only 10 dollars. 
Call us today on 0725 050 419 for the best forex trading orientation.

More info for What Happens to your Online Forex Trading Account when you Die ~ forex news trading book: