The role of the broker in Forex trading

The Internet has created an opportunity for ordinary people to participate in Forex trading. The technology enables people to access the forex broker and get any help trade.

Online shopping has opened up new companies for people who are interested in forex exchange. In times past, such bids would only deal with brokers and financial institutions.

The brokers resourceful lot, if you want to know the currency exchange technique. If you are looking for their services, you should also remember that this is a business investment, so you should be willing to pay for services.

Forex brokers make money using forex spreads. Brokers increase prices for certain applications drop, thus forcing you to pay in advance. It also means that trades are not held at a realistic price. At this point, the currency pair price is lower.

If the broker makes only minor additions, the spread of Forex is considered low. This is what I would like to give the broker. They also encourage traders to go up for auction with a high impact.

With this system you can control large bids. You can make a minimum investment and control trade worth thousands of dollars. It can make you feel much, but for beginners is very risky. To destroy it, you need only a few minutes.

Forex brokers are trying to do everything possible to turn beginners into good traders. This is because they earn more when traders make long investment.

How to choose a forex software

Currently, there are many alternatives in the market when it comes to forex software. Demand is constantly increasing, as more and more investors convinced that robots do a good job. You like it or not, you will need these robots not only for analysis but also for "avtapilotnyh" transactions on your behalf. If you are not sure how to choose the right software as an investment, then here are some tips that you can use to choose a good trading software.

1. Software for forex trading software sends different signals and therefore sends a variety of information. The more signals sent, the better it will be for your own analysis.

2. Some have robotic artificial intelligence. If you are going to invest heavily in these robots to carry out trades on your behalf, then you should be careful to look for the best robot's artificial intelligence technology.

3. Get the software that created a great reputation in terms of working hours. You do not want him to give up on you during the hours that you are most needed. Since the Forex market is open all day, you should make sure that your technology is working for you 24/7.

4. Make sure that the software that you buy, provide technical support throughout the day. We must accept the fact that these forex programs can give up on you by accident. The last thing you want to happen – to be in a helpless situation, when no one can help you about software that you just bought.

Use Forex trading system and triple header confirmation to expand profits from currency trading

Most people invest in the forex market, if not all want or need to increase there trading revenue. The news of the goods is that I'm going to tell you how to do this with very little extra work required on your part. The key to explode your income, I'm not talking only about a small but significant increase of them in a very short period of time – this is a technique that I call "triple header confirmation." Since most traders already has at least one Forex trading system at the same time we will focus most of our attention.

If you already have a forex trading system software, most likely, it was some type of automated trading system that gives periodic trade recommendations on a particular currency. What if I tell you, with very little work, you can increase the percentage of trading recommendations, corresponding to the present level, to a much larger percentage.

Your percentage of winning systems will depend on what type of system you are currently using. Thanks to the technique of confirmation "Three titles" your winning percentage jumps somewhere in the neighborhood of 72%. You know what is right in the currency markets 72% of the time buys and takes you? All that you want to own, and in any place where you want to go – this is the answer!

Triple header confirmation – this is a very simple concept, which is understandable and even easier to implement. Essentially, it boils down to the confirmation of trade recommendations you receive from your present Forex trading system with other Forex trading system that studies the market, using different criteria than uses your current system.

There are three basic formats, which included these systems: a system based on the trends on the basis of the signal system and formula-based system. The first step – to determine what type of system you have and buy a different type of system. The second step to the & # 39 is to disable the automated trading functions in all systems, because we do not sell, unless we have three confirmations of the same trading recommendation.

The third step is pretty obvious if you get recommendations from any system, then learn another system to see if it gives the same recommendation. Remember that these systems use different criteria for recommendations. If we get the same trading signal from two software systems based on different mathematical algorithms, it is a very strong business opportunity.

Now we have a double confirmation that a & # 39 is a killer money. But I do not want you to be just rich, but smelled rich. If you're all right? I thought it was! That is why we will seek a third statement, which, if and when received, it is time to lay his house to enter into this trade. He is not so strong, but if the challenge is huge. What you're doing is to check the financial RSS feed from Reuters, BBC, or CNN, who is looking for new news directly related to the currency in the Forex software systems which make recommendations.

It happens not often, only once or twice a week. Yes, patience is required. So, in an attempt to obtain confirmation of the triple header lot of time and boring activity. Yes, there is a lot of frustration when you get a second confirmation, but can not get the third. Yes, you have to be extremely disciplined and stay focused.

But if you get a confirmation triple header for the first time and see the profits begin to clot, when you understand the first trade, the pain should get. There you have tried and true procedure to undermine your profit from trading with your current Forex trading system. After a few weeks you'll be well on the machine to reduce the cash. And to be smiling all the way to the bank.

Other currency conversation

Here are a few sayings of currency:

  • Currency Trading – a local government. If you can control your actions, you can successfully trade currencies.
  • The truth is that most people do not have self-control to be currency traders. This skill is mastered, which occurs after a long trial and error.
  • There is nothing devastating to be wrong – a mistake is to "stay" wrong.
  • The difference between winners and losers – perseverance
  • 95% of traders lose because they go to the forums and learn how to play.
  • Never rely on the trade, simply run doubts.
  • They have no confidence in their transactions because they do not have good reasons for the success of their transactions in the long run.
  • Have the courage and gumption to admit, if you lose.
  • Traders who are likely to fail – it is those who will enter the market unprepared – emotionally, mentally and technically.
  • two sub operate in the market & # 39; objects, fear and greed. They transmit the scepter of control back every day and that's how we make money.
  • You can not win without an edge, if you do not know what your edge, you do not have. To have an edge, you need to have a method.
  • winners of the plan, losers, only hope.
  • Reading all the financial news and evaluating them, you do not help. The market may rise on bad news and fall on the good news. Then where are you?
  • A good trader has three things: a chronic inability to make things denomination feel unsettled and constantly have the humility.
  • If you trade according to your plan, no "extra points" you did not.
  • I tried to convince myself that everything that has happened, not with me, not with the market.
  • Do not ask the market, it can not give you, and be willing to accept the fact that he wants to share with you.
  • Trading – a game that loses. The loser, the best will win.
  • Good traders know how to make money, but great traders know how to lose.
  • Trade what you see, not what you think.
  • Trade well and good. Take responsibility for your trades. It's your money.

Forex Technical Analysis – help for beginners

If you are a new forex trader (Forex), technical analysis of Forex may seem rocket science. You can even make a mistake with this for fundamental analysis. Although both will need critical thinking, it is obvious that they are opposite to each other in terms of sub & # 39 objective-o & # 39 objective spectrum. Understanding how Forex works and how the two types of analysis can be done better to help you achieve success in Forex trading.

What is Forex?

As with any investment, you should know which product or security you are dealing. In this case, you are dealing with a foreign currency, you can buy or sell, make a profit, based on the changing values. The truth is that trading foreign exchange can be very risky. This is because they can in a short period of time to change their values. But if you are smart enough to analyze trends, you can get the most profit from it.

Fundamental analysis in foreign currency

Because the risk is great when dealing with a foreign currency, it is important to have some sort of prediction techniques. In this case, the various forms of analysis can help you predict how the currency will run. For example, fundamental analysis uses politics, economics and sudden events, and then on the & # 39; combines these factors to make the overall situation. Trader considering the overall situation and predict how this situation will affect the currency. For example, when a nation loses its leader, the currency that people can suddenly drop in value.

Technical analysis in foreign currency

Forex technical analysis is not engaged in the situation, and the raw, neematsyyanalnymi data. Rather than read the news, the trader examines the recent history of a currency value. The trader can even see for months & # 39; worth the value of currency, if he or she wants to see the big picture. Then he or she will build graphs based on the data, to make progress and the trend is easier to read. With the help of indicators such as moving averages and Bollinger bands, the trader will notice a pattern or trend. It can also be recognized when the currency is experiencing a deadlock. A dead end or a stay in a state of congestion means that the currency is fixed within a small range. This may mean that a currency with a low risk or not much can earn by selling this price.

Advantages technical analysis Forex

For some pros Forex technical analysis can be self-sufficient with projections and future trends. Thanks to the Forex technical analysis, you do not need to become an economist and political analyst, you just have to be a Forex trader who can write and read charts. With the help of graphs you can already see what will happen tomorrow or next week. However, you have to work with the knowledge that even the Forex technical analysis can be erroneous. But at least it can give you a lot of support when dealing with a high security risk, such as currency, what is better than to fumble your next shopping step.

Why trade prices – this is the best way to make money in the Forex market

Trading activities on Forex prices can be defined as a decision-making on trade based on the price chart diagrams that provide traders simultaneous reaction to the news and world events. The then Trade event – the study of human emotions reflected in the forex price charts and presented to the trader in the form of price patterns that are repeated over and over again for all time frames and all currency pairs.

Before we elaborate why trading using the price – that's the way you have to trade in the Forex market, I would like to discuss the technical indicators. A trader in forex must realize that technical indicators are derived from the price itself, and as such is behind the price action. This means that if you are a & # 39; you are a technical trader, using only a strategy, based on indicators, then, unfortunately, you are likely to fail in your endeavors to trade the markets for profit. In particular, you will enter the market too late and close their trades too late when trading using indicators.

If you get a technical indicator of the cost, you will usually smooth out some of the troughs and peaks of the price itself, but more importantly you build inherent delay index compared to the price, it is vital to understand and relate to the point I made above – lagging technical indicators, and it will cost money.

If you look in the Internet search engines, you will find a variety of systems, based on indicators, for sale or for rent, as well as on the & # 39; the volume of articles, trading robots and other self fire systems that inform you about how you can earn money with the indicator system. This is all well and good, however, whether these methods and systems are making money?

If we recognize that more than 90% of traders will eventually lose money trading or deleting their accounts net trading forex, and if we accept that the vast majority of those people are using tracer techniques for trading on the market, I think it It tells us about the LED based systems themselves.

a system of indicators in the best case will help you get through even in the markets, and the price action methods will help you get the maximum benefit.

price study – it monitored the activities of traders in the market, and it is possible to see and capture the market by means of price action patterns. Templates traders express emotions.

In the next article I paglyblyusya into some depth about the price and start a discussion and explanation of the various types of trading activities methodology, which I see on a daily basis. Methods that work well in the Forex markets and which can be easily seen on the charts during live trading.

That's why Cryptocurrency Dash makes Bitcoin to shame

Kryptavalyuty is now rage.

Everywhere you see the headlines with an impressive thousand-year profit for these "coins" as bitcoin. But what gives them value? If you've ever used bitcoin?

The truth is that now it is not practical in the first place because of the amount of time required to complete the transaction. But there are other coins that are viable candidates to overcome Bitcoin as cryptocurrency number 1.

There is a lot that can be understood about the intricacies kryptovalyut, but this article is mostly looking for investment opportunities than the explanation of science that is behind them.

Bitcoin bubble?

It is important to know one thing – the concept of "mining". This is the basis cryptocurrency. That's how new bitcoins made.

In simple terms, "Miner" with the help of special software solves complex math problem and eventually rewarded with new bitcoins. Then the transaction is stored in blockchain, and those new bitcoins are officially in circulation.

As more bitkoynav in circulation, their production becomes more complex and time-consuming and less profitable. Despite the fact that about 80% of the possible bitkoynav are now in circulation, the latter will not be produced until 2140.

As most people know so far, this year saw a huge bitcoin share. In fact, it's about 1200% over the last year, what makes people think that it is in the bladder.

Total cost bitkoynav turnover now exceeds $ 150 billion. If bitcoin was now, he would have been in the top 50 largest in the United States.

I personally believe that the only reason that bitcoin is so valuable than any other cryptocurrency, lies in the fact that it was the first that made it into the mainstream. It is still important, though. That, at least, it gives another developer coins to improve something.

The good thing is that even if you think you've missed the boat with Bitcoin, there are many other cryptocurrency. Of course, some fraudsters, but others have real potential.

One of those who, in my opinion, is the present, practical use, called the Dash.

Feature: Digital money

Firstly, Dash ahead of the game in terms of convenience. Now average bitcoin transaction takes from 10 minutes to an hour. Dash is set as the main cryptocurrency, which can be instantly transferred (less than one second) between the parties, which makes it much more practical when it comes to buying things online or in store.

One of the most attractive features of the Dash with & # 39 is that 10% of newly mined coins given DAO Dash (decentralized autonomous organization). Simply put, DAO – a storehouse of Dash. With the current price exceeding $ 600 per coin is $ 4 million per month, which she can use.

It is important to know that no other coin is not that kind of continued funding. With this money Dash DAO can develop and sell currency.

In addition, anyone can give an idea for a project to increase the value of Dash. Then vote for the draft Dash thousands of developers. An example is the partnership with the stores to make Dash viable means of transaction for their products.

Of course, these developers make money by Dash, so anything that is beneficial and promotes the exchange, will become attractive.

This creates a circular effect, when the currency going up in price, because it is better funded and sold, while DAO makes more money, and it can Dash market even more.

Breakthrough on dash

So far, the Dash can be used in more than 300 stores and 100 sites for the purchase of goods and services. But the breakthrough to it may come from the field of marijuana.

Now banks are not allowed to do with the operations of marijuana; everything must be done in cash. Sellers can not even put the money in a bank sale.

It not only brings the risk of robbery, but these companies have to pay for storage and transport of cash. It quickly develops.

The ability to use Dash would be huge for these sellers. It also means different things Dash price.

The good news from the & # 39 is that it has already started to progress. In April, the Dash has collaborated with a digital payment system called Alt Thirty Six, which has partnered with some of the leading programs dispensary business management programs in the country.

These software companies monitor transactions in hundreds of dispensaries and delivery services. This means that users Dash already have hundreds of ways to use the currency.

Since October 11 Dash officially became a form of payment on Alt Thirty Six, its price has increased by 118%. It is only a month and a half.

only the beginning

With a market of only 4.8 billion dollars compared to 156 billion dollars, I believe that the Dash has still much room for progress.

Industry marijuana – it's the beginning for Dash, but it's great. In 2016 legal sales of about $ 7 billion. Yet it is estimated that $ 46 billion was sold on the black market.

As soon as more shops opened, and marijuana becomes legal in several states, it is expected that by 2021 the number of legal reach $ 23 billion by 2026 and $ 50 billion.

Again, this is just the beginning for the Dash. Its unique feature is the direct transaction making it a viable alternative to cash, which gives it an advantage over other cryptocurrency such as bitcoin.

5 of forex trading tips that you should know in 2019

This article will give you some fresh tips on Forex trading. You're going to get 5 tips that can help you achieve success as a trader in 2019. If you are a new trader, this field can be a bit overwhelming for you. After all, ignorance of the rules may not help you achieve success. The good news from the & # 39 is that these tips are aimed at beginners. Thus, if you are just starting out, check listed below.

1. Walk with the wise broker

Firstly, make sure that you work with the right broker. The easiest way – to review and consider the recommendations made by the other. Also, make sure that you go to a professional that fits your personality and reliable. Keep in mind that there are many fake profiles. Ideally, you can choose a licensed broker.

2. Gather your own strategy

No matter how many tips for trading Forex you have, if you do not have a solid strategy, you will not reach anywhere. In fact, not to create a strategy – it is one of the most common mistakes that most beginners.

What you need to do is to define your goals. Clear goal to achieve will help you throughout the journey.

3. Learn step by step

As with other areas, trade requires start gradually until you get the know-how of this business. What you need to do is put in small amounts and see how it goes. Invest a large sum at the beginning, this is a bad idea.

4. Control your emotions

Make sure you are not fond of their emotions. Sometimes it can be very difficult, especially after you have suffered losses. However, if you keep your emotions under control, you can make the right choice.

Emotionality increases the risk of making wrong decisions. Thus, we suggest that you learn to manage their emotions.

5 Do not let stress take over you

Just as emotions, stress can get you in difficulty. In other words, if you padvyargaetsesya a lot of stress, you can take irrational decisions that can cost a lot of money. Thus, we suggest that you determine what is causing your stress. Following the discovery of the sources must try to eliminate them.

If you are experiencing stress, take a deep breath and look out for something else. Over time you will learn how to manage stress. Listen to your mind and find out what you can do for the best.

Brief History, you might not want this trade to scare you. You do not want to give up, no matter what. You can keep in mind that success in Forex trading depends on how much you are prepared and determined. Therefore, you must learn to be disciplined if you want to succeed. Hopefully, these tips will help you prepare and get the best results.

How currency values ​​are determined?

And who determines currency values?

The answer to the second part of the plain. value of the currency is determined by the currency buyers. This is primarily travelers, governments and Forex traders. FOREX stands for Foreign Exchange. In determining the fair market value of the currency there are many factors that traders of currencies, government and business are taking into account.

Fair market price – a price at which a willing buyer and a willing seller on the & # 39; unite. The buyer must take into account many elements and opinions, to try to accurately assess the value of the currency at any time. Now the world there are about 180 different currencies. Let's look at some of the factors that are used to determine the value of the currency.

Factors affecting the value of the currency:

1. The political conditions in the country – this includes the stability of power, the amount of corruption, bribery and the degree of enforcement. Also includes the country's relations with other countries and especially their relationship to US, UK, China and Russia. Form of government in the country as a & # 39 is a factor, which is used to assess the value of the currency. Consider the different forms of government in Saudi Arabia, China, the UK, Venezuela and Thailand, only some of them.

2. The economic situation – these include factors such as employment, unemployment, work ethic, infrastructure, inflation and direction of the economy. Old or new orientation; computers and high-tech, or more farming and manufacturing.

3. Perception of the outside – the perception and attitude of other countries in the same country as important as the reality of the situation in the country. News, media, movies, newspapers, rumors and spin can create views. How much is known about the country? The less you know, as a rule, the smaller the value of the currency.

4. Demographics – the young population may mean better prospects for the future, people are more open to change and development, and increasing the number of workforce. The total population of the country – it is a factor. How much weight does this country on the world stage.

5. National leaders – Factor with & # 39 are open, reliable and likeness of the visible leaders. This includes political leaders, sports figures, business owners and celebrities. Here are some national figures who affect their countries, or the best, or the worst. Kim Jong Il, David Beckham, Nicole Kidman, Madonna, Osama bin Laden, Barack Obama and Vladimir Putin. They help shape the perception of the country in the world.

6. Isolation versus openness – Continuum China is becoming more open, more transparent. It helps. Cuba is very closed and isolated. Venezuela becomes increasingly isolated some of his recent actions. China's markets are becoming more open. Cuba, Kyrgyzstan, Russia and Japan have different levels of openness to the outside world, which affects the value of their currency.

7. Natural resources – type and a & # 39; the volume of the exploitation of natural resources of the country, certainly helps create a perception of value of the currency of the country or its absence. Extraction of minerals, forests, oil, fish and other resources considered. Also, the level of technology for the development of these resources.

8. Factors out & # 39; I, such as drought, tsunamis, earthquakes and floods, are taken into account. How often they occur and how to respond to their country. They also affect desirability, safety and perception of the country. This tourist destination?

9. The war and conflict – with any other country fights country and who is an ally? Their military strength and technology, a willingness to go to war and what important factors in assessing the strength, stability and the value of its currency.

10. Education – includes languages ​​spoken, level of computer & # 39; computer know-how, an Internet connection, culture and religion. Scientists, entrepreneurs, authors and inventors influence the type and quality of education in the country.

In conclusion, currency values ​​are determined by many factors. Not only one question, but many of the songs. In currency trading, such as the FOREX, trades are usually carried out in pairs. The values ​​have to be about something. So, how to behave in relation to another country. Conventional forex pairs such as the US dollar and the Japanese yen, the euro and the US dollar. These and other factors determine the value of the currency. Some tangible, some intangible. Some of them are fixed, and some – to manage. Sometimes it is the moment of the news, and sometimes long-term situation. That is why currency values ​​change frequently, and there is no one, no person who determines currency values. And why currency exchange, based on dust Currency values ​​can be exciting, lucrative, changing, fun or disastrous form of business or investment.

Forex – Trade reports on remuneration with nefermernay economy for super profit

Many investors who trade on the foreign exchange market (FOREX), trade only during or around the time of the release of the report on remuneration to nyaselgaspradpryemstvav US (NFP). They are attracted by the volatility of currencies – particularly the majors related to the US dollar – which occur at this time. Investors who rely on this or other financial news events for their trading activities, called the news traders. Many people using other trading methods, be sure to include the NFP in their trading calendar. Let's find out why so many traders are interested in this report.

NFP comes out once a month, usually on the first Friday at 8:30 am, according to New York time. On occasion, he will come on the second Friday of the month, not the first, but always in the same hour of the day. US Department of Labor is responsible for the preparation and release of the report, which is kept secret until it's officially time to release. The report contains data on unemployment in the US economy neselgasarganizatsyyah. By the way, other industrial countries also publish some commonality of this type of reporting. Simply put, if the figures published in the NFP, constitute serious & # 39; major revision of earlier estimates, the market reaction is likely to be quite clear.

The reaction to the expected NFP data from traders around the world, in terms of the activity of buying and selling, as a rule, leads to the fact that the value of the US dollar is jumping up and down. This usually occurs from the moment the report is made public. Sometimes spike occurs early, ie within a minute just before leaving at 8:30. Although less common, it was also observed that the spike can be held up to 15 or 20 minutes after the release of the report.

Other regular financial reports can also change the price of the currency, but not as consistently dramatic and dynamic, as the NFP results. Over the past few years, the range of movement of the US dollar as a result of NFP is usually from 50 to 90 points in the same general direction. Retrieving repeated, ie the price movement back to the initial cost, often provide additional trading opportunities. Many traders feel the yield in the range of 5 to 20 percent only for this report.

Why NFP stands out for its ability to move the market? NFP is published by the US government as an official statement of what makes the US economy. Based on the content of the report, the measurement of the country's health is considered in terms of its employment. Many scientists and traders consider the employment situation in the country as a leading indicator of how in this country economically. If the employment situation is grim, so it should be and the general economy. The weak economy is always bad news for the currency of this country.

It is necessary to recognize and appreciate that the US dollar has always aroused great interest among traders around the world. As is well known, its liquidity, the relative stability and the support of the world's largest economy (at least, as long as China does not take place the first place, as expected in 2026), green market is often accepted as payment for goods and services worldwide. world. This is true even when it is not the official currency in the jurisdiction. This is one of the few against the currencies, which is called a "hard currency" in the global financial sector. He is always in the spotlight as a global player.

Recently there has been a weakening of the US dollar compared to other currencies. Undoubtedly, global events, including the US involvement in Iraq, Pakistan and Afghanistan have contributed to the gloomy view, which is shared by some relative value of the dollar. On the other hand, some see it as a good opportunity for large and small corporations in the US to export goods and services to other countries. This can lead to recovery of the dollar in the long run.

a variety of strategies to take advantage of market prices upward trend to rapid NFP news release have been developed. As might be expected, some strategies work better than others. More and more manufacturers and programmers design and sell automated software for traders who are interested in a fast-paced environment, coupled with the release of NFP. The price range for such software may range from a few hundred to several thousand dollars. Of course, manual trade NFP can still be successful, as proven many traders. Regardless of the method and strategy, many in the world of commerce will continue to pay attention to the NFP release and use it as one of the greatest regular and recurring opportunities for trade on the FOREX market.