Dear readers,

Please find  two videos below, both were shoot at the latest Asian Economy Conference.

  • Author: Jim Rogerson
  • Category: general

With the uncertain performance of most stock exchanges in the world, trading via forex trading platform has proved to amongst the investment that is stable regardless of the huge deviation in the market performance.

What are the forex indicators?

1. Moving Average Convergence Divergence (MACD)

If you want to know the strength of the trend as well as the estimated value at the end of the day, then you should use this forex indicator. From the analysis, you can make your prediction on the best time to earn the profits from the difference in pricing. Check the site forex sitefor more free info about MACD indicator. (more…)

  • Author: Jim Rogerson
  • Category: Analysis

valutahandelCurrency trading also called as valutahandel  market is full of urban legends that can harm a trader’s chances at financial success. By knowing some of the major Forex myths, wise traders can avoid any unnecessary frustrations.

The market is rigged

Another one of the most popular Forex myths is that the currency market is rigged. The Forex market the largest in the world and it is likely that if an individual or company takes a non-businesslike approach to financial trading, it will quickly be spotted. Forex is not a scam and even though losses can occur, a fine-tuned strategy can reap financial dividends for the trader, especially during this economic climate. Accepting that losses do occur and developing a strategy that has a slight edge during these market conditions will bring significant returns.

Forex brokers trade against the traders

It is partial truth that bästa forex mäklare who are market makers can really trade against their own clients. It is shame but it may be truth. On the other hand, ECN brokers do not trade against clients because this is technically just not possible.

Losses are the trader’s fault

Forex trading is rarely a way to get rich quick. Trading takes a level of patience, skill and consistency, as well as a knowledge of the market. Losses are not the trader’s fault and are down to market conditions, unless the trader has failed to follow his plan through. The possibility of loss creates opportunities for other winners. Without a small level of risk, no financial return is possible.

A more complex strategy is better

When traders begin with a simple strategy and see small returns, they often change their gameplay, hoping that they will increase their financial return if they evaluate a few more variables. This is often not the case. Profits are usually made at the margin, where even the most successful traders only win slightly more than when they lose. Stick with your original system and focus on managing your money instead.It’s best to develop a strong trading plan that has been tested by yourself. Always take responsibility for the failures and successes of your plan.

forexbrokerChoosing the right forex broker to conduct your foreign currency exchange trading activities seems relatively easy on the surface. Unfortunately, when you look a little deeper, you’ll soon find that it’s important to choose the right account to suit you, or you could face problems later.

You’ll need a forex trading account if you intend to generate profits from trading foreign currencies, and an online forex account can give you a significant amount of freedom. When you trade online, you have the ability to place trades at any time of the day or night from anywhere in the world with an internet connection.

Here are some other considerations to think about before signing up for your forex account:

Trading Costs

Most forex brokers don’t charge any trading fees or commissions. Instead, they charge a ‘spread’. This is the difference between the bid and ask price. They add the spread onto the price of the trade and keep this as their fee for your trade. Spreads can vary greatly between brokers.

It’s important to understand how these things are calculated, as you may find that the bid/ask price represents a spread that is higher than other brokers may charge and could impact your profitability.

You could also find that the type of forex trading account or online forex account you choose can impact the trading costs associated with trading. This means some brokers will charge a much lower spread for high-volume traders and charge a higher spread for those traders who place trades less frequently.

Spreads

Even though you might think one single pip (or point of currency value) might not look like much, consider trading on a 5 pip spread instead of a 4 pip spread. One tiny pip worth of currency value looks so incredibly small. Yet it still could represent a 25% on your overall trading costs.

When you multiply this amount by the amount of high leverage available through most forex trading accounts, those tiny pips suddenly multiply into vast amounts of money. This is especially true with leverage available of ratios up to 200:1.

Demo Account

Before signing up for a forex trading account, be sure you have access to a demo version. This can allow you to see how the spreads are calculated, how the platform works and what kind of analytical information is available on your online forex account.

You also have the opportunity to place trades within your demo account that can show you how quickly each trade is facilitated and executed. You’ll be more aware if that particular forex account is the right one for you before you commit any of your own money into the deals.

Trade Sizes

There are plenty of forex accounts that accept standard sized trades, but if you’re a little more cautious about how much of your own money you want to spend, you might consider opting for a micro trading account or even a mini trading account.

These can allow you to place trades for significantly smaller amounts, which can limit the amount of capital you expose during each trade. You will also find that the amount of deposit needed to begin trading is also substantially lower, ranging from just $25 to get started up to around $200. These types of online forex accounts can be an excellent way to get a feel for forex trading.

  • Author: Jim Rogerson
  • Category: general

technical analysisEverywhere you look online are ads and banners promoting becoming involved with FOREX. The ads frequently talk about how you can make a great deal of money by trading currencies, how their company can help you with detailed technical analysis to insure you are profitable, as well as whatever other feature is the buzz word that week. Do not get me wrong, I am not against FOREX. What I see is that many of these ads have the opposite effect of what they desire to do. Instead of encouraging people, their use of fancy words and terms may be scaring people away. For many people the concepts of FOREX are a part of their daily lives. A member of the military stationed overseas gets paid in dollars which he has to convert to the local currency to pay his rent and other living expenses. When you talk about trading in foreign currencies you are just doing the same thing. The difference is that you are trying to time your purchases so that you can earn a profit. You will have to look beyond what the market is today but what you think it will be in the future. One of the scariest things for a new trader is Technical Analysis. Dont get me wrong, one does not need Harvard Executive Education to master technical analysis.

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  • Author: Jim Rogerson
  • Category: Analysis