Advisers Forex – the principle of work, pluses, minuses

Advisers Forex – the principle of work, pluses, minuses

Forex by the adviser call the automated system of trade in the foreign exchange market. Other their name – robots. For creation of the adviser as a basis use manual system of trade which receives a type of algorithm. That is, from a certain working trade strategy take a set of rules and a condition at which these rules are most effective. Then all these data take a program form. 

For example, there is a certain manual strategy which means opening of positions every time through 50 points. On the basis of this algorithm any programmer will easily write an elementary applet adviser which will release to the trader plenty of time, opening transactions, even when he isn't about the trade terminal. 

Advisers have both a number of advantages, and a number of shortcomings. 

Pluses of use of advisers:

• There is no need to stay for hours about the monitor. The adviser will work even at night, without any participation of the trader. 

• Work with the adviser, unlike manual trade, demands presence at the trader of the most minimum knowledge in the field of trade in the foreign exchange market. Installation of the adviser and control of advisers rather simple procedure with which any person is able to deal independently. 

• Thanks to the fact that use of the adviser demands the minimum presence of the trader from the terminal – psychological problems of trade on Forex practically come to naught. The adviser, by the nature, has no emotional attachment to the transaction. 

Minuses of trade in the adviser:

• The most important shortcoming which is present at any computer program – existence of accurate algorithm of actions. But the market constantly changes and there are moments when the adviser is simply not able to react to these changes in time. Especially brightly it is observed when there are important news. While volatility of the market reads off scale, skilled traders prefer to refrain from trade, and the adviser both opened, and continues to open positions which, as a rule, are unprofitable. 

• The first minus, is continuation of the second. As in the market constantly there are big changes, programs written and making profit a few years ago in the presents time are absolutely irrelevant and useless. Most often their use leads to fast discharge of the deposit.

We will talk about short-term trade on Forex

We will talk about short-term trade on Forex

"Secret" of short-term trade is as follows: the is less than time for open trade operation, the receiving profit is less.

As, it isn't regrettable, whatever one may do, it so. Remember any investment investments in which you or your acquaintances participated. If to somebody, from you it was possible to issue affairs within one day. If this is so, then what number of times at you it has turned out. Most likely there isn't a lot of. The rule of growth, the more time for an open position works at the market, the it is more than chances of solid profit (though, happens and vice versa).

Increase in profit requires time

Are professional know in one minute the price can promote (is admissible) on 30 points, in one hour, still points on 50, within one day, frankly speaking, it isn't known as far as. Some traders trade on short time intervals, thereby limit possible profit.

It turns out these "professionals" consciously limit the income, thereby increase percent of losses. It is clear, why so large number of traders is sent to such unfavourable results of trade.

They have followed the tastes of dishonourable brokers. Which advertize strategy, promising, fabulous profit (loss of the trader, the broker's prize). Trying to catch a maximum and a minimum. Though this strategy has the right for life and the skalping is called. This strategy locks the trader in a little advantageous position.

To trade only during the day, for night of the transaction not to leave, avoid to influence of a news background or big changes in the market.

This opinion looks as though, quite adequate and rational as the trader limits risk of loss of money. There is couple of reasons for abnormality it opinions:

1. All losses are under special control and call this control of feet – a horde (restriction of a loss) where the position is closed automatically.

2. Quite perhaps, in the morning the market will open a gap (a rupture of the price in several points). What quite seldom happens, but, as a rule, during the day the window (gap) is closed by the price. At big desire and having stop – the warrant the unprofitable transaction can be extended. After installation of feet – the warrant the trader won't be able to lose more than the certain sum determined for itself.

3. The basic when the trader stops trading during a five-minute, he to himself cuts down profit. The problem is that profits don't allow to grow. At such trade not to earn solid money until the trader doesn't learn to hold advantageous open positions.

We will talk about Forex: review of the main plan of earnings

We will talk about Forex: review of the main plan of earnings

Almost all people reflect how to keep the money until they have depreciated, and it is even better - to increase greatly. 

The main issue where to enclose? It is possible to understand production details, to study this or that the direction and as a result to bring the money there. 

The enclosed sum will increase though the value of this money will be obviously lost, and quantity of the goods acquired for this sum will be equal the initial cost of investments. 

The market Forex can become the excellent training platform. 

The market Forex for a beginner will seem smart too unclear. Some courses, muddy schedules, all this will easily enter into a stupor of the ordinary inhabitant. Though the rating of this market steadily raises. 

Programs, tools for full interaction with the real auction will be improved. Today it is written not one hundred training programs what isn't from them, will be able surely to help a beginner. 

With the main experience of trade in currencies, the newcomer of the Forex market obtains excellent information in the sphere of finance, in the field of economy, and also politicians. The basic concepts why exchange rates move, over time a lot of things will become clear and predicted. 

Thanks to it practice in the market Forex gives financial prosperity and tranquility, increases the general extent of development of the beginner. If to consider other kinds of activity which are really making profit, Forex can be studied far off. 

Certain dealers (traders) have begun to master this large-scale market with the help to Internet technologies. In the market Forex is an opportunity to profit not only by independent trade, but also trusting the finance to skilled traders (the account in managements).

Earlier trade at the exchange required introduction enough large sums of money. Training for money practiced, also took money for installation of programs. Now to start trade on Forex it isn't obligatory to have the huge deposit enough minimum in 10 dollars. 

There are brokers who when opening the account by the beginner, as a bonus receives 10 – 50 c.u. At such bonus, the newly made trader is given chance most to learn to trade on real money, without risking the finance.

For opening of the account, in fact, it is required confirmations of the personality, that is passport data though some brokers request only telephone number.

As a result how to keep and increase the savings business personally everyone.

Skalping – tactics of small rates on Forex

Skalping – tactics of small rates on Forex.

Traders use different methods of trade on Forex. 

Someone trades dolgosrochno, that is his transaction on duration can reach day, two, week, sometimes and month, and in some cases even years. 

Some, the bulk trades on a srednesroka. Such transactions last from one hour to several days, there are no more than one day more often. 

But is also such which are engaged in a skalping. These are the most short-term transactions. They can be even less than one minute. 

Not each broker gives the chance for such transactions. This factor needs to be considered if you want to use this method. Before to start this technique, you will need to learn conditions from the broker whether he in general allows closing of such transactions and what percent undertakes it, and that is possible that to you in general it will be unprofitable to be engaged in a skalping at this broker. But if, nevertheless you have desire further to these to be engaged, then just you will need to find the suitable broker.

Skalping method.

• The main characteristic of this method, what the time span at such transactions makes from a minute to several minutes is.

The trader carries out the analytical analysis of the market on short time intervals. By results of the carried-out analysis the trader opens the transaction. 

As well as at any foreksny transaction, first of all, and in this technique especially, the direction of a trend is considered. 

What trend in the market? Ascending or descending? And can in general the market has fallen into a consolidation zone, and waits for an opportunity. These indicators are obligatory for the trader as at any time the market can "shoot" and it will become pernicious for the transaction of the trader. 

• The main complexity of this method is that transactions happen during "noise" of the market. On big time intervals these noise aren't visible at all, but here on such small them it is well visible also on them and the trader works. 

• One more feature is the small profit at such transactions. Usually no more than 10 points, and if more precisely, then from 3 and to 5 points. Owing to such specifics the corresponding broker is also selected.

• This method demands from the trader of assiduity and patience as there is a large number of transactions.

• Large number also is one of feature of this method. In day professional the trader can do up to 100 such transactions. At the same time you have to consider in what tension the trader works, he constantly controls each transaction, waiting for a propitious moment for its closing with the greatest profit.

If you want to be engaged in a skalping, then you need to consider all these features of trade on this system.

Different forms of the income from actions and bonds.

Actions and bonds are very common form of obtaining the income from work stock market. These types of securities are most of all known and they are most of all widespread also at the exchanges. The most part of traders knows about these types of securities and actively uses them in the trade and trade strategy. However, it is not the only types of securities with which it is possible to work at the exchange and not the only goods. Futures, options, indexes, raw materials and the rights for them (the same futures) – various derivatives which allow to gain income which just is beyond understanding of the most part of traders. Moreover, the considerable part of such goods is available mainly at the separate exchanges or by means of specialized trading platforms through dealers. Thus, to trade in at the same time many goods of stock market, it is necessary to incur serious expenses.

Many modern providers of the stock and foreign exchange market offer the integrated platforms on which it is possible to make operations practically with all now, or with many types of resources, gaining considerable income, and more and more traders pass to such platforms. The most known of them is SAXO TRADER from SAXO BANK (Denmark), and also platforms of the famous Forex banks of Switzerland, such as Dukascopy or Swissquote. The majority of platforms acts as special agents, but provide trade only in valuable metals.

In the market of actions and bonds basic types of income is the income in a form of dividends and in the form of the speculative income. The owner of a security receives dividends after the relevant decision of shareholders and the management of the company issuer and after the corresponding payment which is carried out once a year. There are several forms of such payment and various conditions of her receiving which aren't so important for the trader, especially minority. If the security keeps the trader long enough, he can receive at the time of payments for it the put payments. The main income from these papers is speculative as they can be sold more expensively, than they have been acquired. As a rule, at acquisition of a security traders don't count on dividends, but it doesn't concern investors who create portfolios for the purpose of accumulation of the passive income from dividend payments. Being suitable for constantly continence to the bond more, especially state which will be guaranteed redeemed by the state in the specified time.

Trade on Forex for beginners

Having decided to trade in the market Forex independently, you shouldn't hurry to pour in the blood money, to open transactions. For a start it is necessary will get acquainted with the market, the interface of the terminal what Forex the broker to use, understand how you will work, namely long-term transactions or short-term:
 - At long-term transactions - the analysis of the market becomes on long intervals, and transactions open with the minimum risks. Thus you will spend a minimum of the time for Forex.
 - At short-term trade of the transaction open on small periods, a maximum for 1 day. At the same time it is necessary to watch often the course of the market to stop loss of the capital in case of big changes of the market.
 How to trade and how exactly you can learn having read a heap of strategy in a network.
 At the choice Forex of the broker it is necessary to be attentive as there are so-called "kitchen brokers" which work only in the profit for the account loss of means of traders. Similar brokers don't output your transactions on interbank level, and retain on the server and schedules in the trade terminal don't correspond to a real condition of the market. Thus all your analyses will turn out not correct and if correct that movement of the market works in the opposite direction. Not to fall into hands of similar swindlers it is necessary to read comments on the chosen brokers in a network, to take an interest about system of work of the broker and licenses – which at everyone respecting himself the companies has to be, at the same time – The more the better!
 Having chosen thus the broker, having registered at him on the website, having installed the necessary program – Forex the terminal, open for a demo the account. Thus, you can get acquainted with the terminal interface, try to trade - without risking own capital. Having concluded couple of profitable bargains you shouldn't pass to the real account at once. It is worth testing trade for a demo the account at least one month, at the same time you will understand the market, the movement of the market and in real you will feel him. In case of success you can pass to trade with real money. Before opening of each transaction, the trader has to understand precisely – the place of opening of the transaction, a point of closing and volume of the invested capital.

Bases of works at the Forex exchange

For many who thought of beginning to trade in the market of currencies Forex looked quite difficult and unclear process raising a set of the doubts and fears connected with waste and loss of finance. Also many are pushed away also by wrong opinion that to work at Forex it is necessary to possess big information on trade of the exchanges, economy in general, to be informed on work of banks and to have education of the economist.
 Despite it, practical experience differs from expectations as any, irrespective of his education from the level of knowledge can practically become the trader. Initial and main operation with which there begin work all participants of broker space is usual purchase of currency for the purpose of receiving profit on her sale.
 The statistics says that 95% of all beginners on Forex lose the capital and only 5% receive to arrive regularly and steadily. It is connected with lack of experience of trade, haste and greed of new participants.
 To avoid loss of money, to begin work One Forex better with a demo account on which auction is carried out by means of virtual money. Such experience will allow to understand trade elements in the foreign exchange market, to understand psychological aspects of such work, and also to learn to operate competently capital investments.
 Work on a demo account has to be limited no more than 4 months that fear before trade on real money and attempts of trading hasn't appeared haven't turned back loss of the capital.
 Together with work on the virtual account it is necessary to get acquainted with free systems of trade, to compare their efficiency to the progress. As soon as the profit on a demo to the account is stable and regular, it is possible to pass to trade on the special bezdepozitny account which means opening of the account without introduction of own money. For trade the broker gives you money, at the same time you have every chance to earn seed capital for further work.
 When results of such auction became stable, it is possible to begin to work, trading in real money. At the same time it is important not to hurry and to constantly study new systems and information on trade in the market.
 When practical experience is rather big, there will be a good chance to earn on a constant basis, applying the trade strategy created personally. It is always important to define the greatest possible risk of transactions, not to give in to passion, not to trade for broke and to be ready to loss.

At the auction in Europe the appreciation of the euro to 1,1415 is expected "April 29, 2016"

Results of the last trading day:

On Thursday at the American session the dollar managed to restore positions against single currency to 1,1310, despite the disappointing indicator of GDP of the USA. The rate of euro/dollar has decreased to 1,1310.

The number of applications for a dole in a week has made 257 thousand against the forecast of 260 thousand. GDP growth of the USA in 1 quarter has made 0,5%, having fallen short 0,7% of the forecast.

Buyers have quickly restored losses as positions of dollar remained weak after the morning decision of Bank of Japan to keep rates and not to expand the stimulating measures. On weakness of dollar and reduction of volumes of oil production in the USA oil of the Brent brand has risen in price to $48,16. Together with oil and other currencies gold has risen in price. As a result the rate of euro/dollar was closed in plus.

Expectations of the market for today:

On Friday the attention of participants of the market will be riveted on GDP of the eurozone and Canada, retails in Germany, to speech of the head of ShNB to Jordan, and also the American statistics.

In Asia the rate of euro/dollar has grown to 1,1388. As today Friday, from euro exchange rate I wait for jump to a mark 1,1415 (90 гр) with the subsequent return to 1,1385. If to make a start from the day period, then to eurobulls prevents to check nothing level 1,1460 for durability.

News of the present day:

    - time Germany will publish retails for March.
    - time Switzerland will publish an economic barometer of KOF for April.
   - time the speech will be made heads of ShNB by Jordan.
    - time in Great Britain will leave – the pure volume of crediting of individuals, money supply of M4, number of the approved mortgage loans for March.        
    - time the Eurozone – a preliminary consumer price index for April, unemployment rate for March, GDP in 1 quarter.
   - time Great Britain – speech of the board member of Bank of England Kanliff.
    - time Canada will publish – GDP for February, a price index on raw materials, a price index of producers for March.   
    - time the USA – a basic price index of expenses on consumption March, the personal income and expenses for March.  
    - time the USA there will be an index of business activity Chicago PMI for April.       
    - time the USA – the reconsidered index of consumer moods from Michigan university April.         
    - time in the USA – number of drilling rigs from Baker Hughes.

Technical analysis:

Euro moves between MA the lb lines – U2. At present the price tries to leave the canal which is built on three points 1,1216-1,1275 and 1,1339. I not once said that the 90th degree isn't strong resistance. Euro likes to be developed in a zone 112-135 гр. (at the moment 1,1443-1,1470). The U3 line passes MA at the American session through 1,1460 therefore growth of quotations to the specified level is probable. As from a minimum 1,1216 the difficult wave structure is formed, I according to the forecast consider growth to 1,1415.

Euro was stabilized at the balance line "April 26, 2016"

Results of the last trading day:

On Monday the rate of euro/dollar was restored to the level 1,1279 (the 45th degree) against the general depreciation of US dollar. Euro has become stronger to US dollar, despite his easing against the British pound. The pound was in demand as according to the last polls, the probability of an exit of Great Britain from the EU has fallen lower than 30%.

At the American session there was a weak statistics on housing market in the USA. In March sales of houses in primary market of the USA have decreased by 1,5% (the forecast was 1,0%, the previous value is reconsidered from 2,0% to-0,4%).

Expectations of the market for today:

The rate of euro/dollar bargains twelve hours in the narrow range about the balance lb line. Flowing flat on a hand to buyers, as if cross-country of euro/pound begins to be corrected after yesterday's falling, then euro will become stronger to dollar. As on pair GBP/USD the ascending movement dies away, in the moment euro exchange rate is capable to reach a point 1,13. I consider such scenario according to the forecast.

The attention of participants of the market is directed to results of a two-day meeting of Committee of the open market of U.S. Fed. His results will become known on Wednesday. Change of rates isn't expected. Him (traders) the assessment of FRS of a condition of world economy and further plans for change of monetary policy is important.

News of the present day:

   - Great Britain will publish data on number of the approved mortgage loans from VVA for March.  
   - in the USA there will be a report on orders for durable goods for March.
   - the speech will be made by the head of Bank of Canada of the Runner.           
   - the Price index on housing from S&P/CS for February (a weak indicator)          
   - the Preliminary index of business activity in sector of services for April.
   - the Index of consumer confidence for April.         
   - the Index of business activity in production from FRB-Richmond for April.
   - speech of the board member of Bank of England J. Kanliff.
   - the report on week stocks in the USA from API.

Technical analysis:

I don't want that euro raised higher than 1,1279. In this case under the threat of working off it will turn out day pin bar for April 21. Sellers need to close day lower than 1,1268. According to the forecast I wait intra day/\-figurative model. The closing is lower, the sellers will be stronger. When closing euro higher than 1,1305, about depreciation of euro and pin bar it will be possible to forget.

Short-term trade idea of FX EUR/GBP – short selling: "head shoulders" will possibly be created "April 25, 2016"

Trade opportunities on currency pair: On week TF the price has returned to support 0,7790. If to take "head shoulders" for the main scenario, then it is possible to consider at first falling to 0,7651, I will jam after kickback – to 0,7389 to the middle of July. On AC and CCI indicators bear divergence was created. Pressure upon euro will remain within several weeks.

Background

The last idea for couple of euro/pound was published on April 4, 2016. At the time of her publication euro was trading on 0,8019. From the monthly trend line (from a zone 0,8065-0,81) change of a bull phase on bear was expected. Level 0,78 acted as the purpose. Upon a rate of euro/pound it was developed from level 0,8116. For the last two weeks of euro it was weakened to the British for 4,05% to level 0,7780.

The maximum has been reached on April 7 against depreciation of the American dollar after the publication of the protocol of a March meeting of FOMC and the report from the Ministry of Energy of the USA. The minutes of FOMC have shown that heads of FRS don't see a possibility of increase of an interest rate in April. Oil has risen in price on reduction of oil production in the States.

In the evening at the auction in New York the single currency was weakened to the American dollar and the British after the publication of the protocol of a March meeting of European Central Bank which has indicated tendency of the regulator to further mitigation of monetary policy. The pound felt confident before a meeting of Bank of England.

On Monday, April 11, cross-country of euro/pound has fallen to 90 points, to 0,8045. No news stood behind strengthening of pound. Dealers say that demand for sterling has been caused by execution of one large warrant. From this day in cross-country on the hour period the descending trend has begun.

On April 13 the single currency was weakened to dollar and pound on growth of tendency to risk after an exit of the Chinese statistics on trade balance and weak data on industrial production in the eurozone. Indicators of industrial production were reduced stronger than forecasts. Data on export of China have caused rally of share indexes. Cross-couple of euro/pound I have fallen to 50 points, to 0,7924.

On April 18 after a failure of negotiations in Doha on oil production freezing the rate of euro/pound tried to be restored. It lasted not for long. At the American session the new wave of depreciation of euro against the British pound waiting for a meeting of European Central Bank has begun.

Following the results of a meeting of European Central Bank I left three rates at the former levels. The key interest rate of refinancing remained at the level of 0,0%, a rate on deposits – minus 0,40%, a rate on the credits of European Central Bank – 0,25%. The volume of the program of purchase of assets is kept at the level of 80 billion euros a month. Tone of performance of M. Draghi was "pigeon". The head of the Central Bank has expressed fears concerning an exit of Britain from the EU, and also return of consumer prices to a deflation zone. He has told that rates will remain low during the long period of time even after end of QE.

Current situation

Euro is weakened to pound two weeks in a row. On week TF the price has returned to support 0,7790. Pay attention to how at sharp decline in the rate the head shoulders model has begun to be shown. If to take "head shoulders" for the main scenario, then on the way to eurobears several levels will meet. The line of a neck passes through 0,7651. The first level about which a situation for euro can worsen. In this case the price without stops will reach to 0,7575/80.


If the course jumps aside from 0,7651, then it is worth adhering to the route applied on the schedule. On AC and CCI indicators bear divergence was created. Ideal working off of model, this depreciation of euro to 0,7389 to the middle of July.

Return of a course to the balance line is expected "April 25, 2016"

Results of the last trading day:

On Friday against depreciation of single currency to the British pound the rate of euro/dollar has decreased to level 1,1216. Judging by demand for the British pound, the coming referendum in Great Britain on an exit from the EU doesn't cause fears in participants of the market. It is (referendum) and weak data on the Eurozone push euro down the relation to US dollar.

Expectations of the market for today:

Today it's Monday. This day I don't pay attention to news and I always consider the movement against Friday. On Friday euro was weakened, means from euro today I wait for strengthening. As the oscillator стохастик is in a zone of sales, from opening of the auction in Europe withdrawal to a mark 1,1220 is probable. Sharp decline of euro, will indicate that it is fulfilled day пинбар which was created on Thursday. The purpose on him 1,1145.

News of the present day:

    In Australia and New Zealand holidays. The exchanges of these countries are closed.
   
Technical analysis:

In two days euro exchange rate has decreased by 1,6%. MA of the line were developed down. The price is under the balance lb line. Considering that the minimum of a day pinbar (1,1268) has been punched, now it is necessary to sell euro on corrections. Growth of couple is higher 1,1282 is undesirable since will call into question working off of a pinbar.

As on Mondays I always consider the movement against Friday, my purpose is at the level of 1,1268 (the 45th degree) and closing of day around 1,1245. After correction to lb, on Tuesday it is possible to consider falling of a course lower than 1,12.

Short-term trade idea of FX AUDUSD – short selling: development of idea of April 4 "April 25, 2016"

Trade opportunities on currency pair: on the week schedule it was created пинбар with the top shadow of 130 points. It is bad that a body bull. The probability of kickback is high. Consider sales from 0,7760 with the purpose 0,7535. If the trend line is punched then it is possible to establish the purpose in the area 0,7430. Don't sell the Australian at the rising in price oil. The scenario on decrease will be cancelled when closing a week candle higher than 0,7834.

Background

The last idea on Australian dollar left on April 4. At the time of her publication the Australian was quoted to the American on 0,7672. The course AUD/USD at working off of the "double basis" model has met resistance. In this regard it was offered to take a waiting attitude and to wait for formation of a turning candle formation in a zone 0,7722-0,7845 – bear absorption or пинбар.

This week it was created пинбар with a maximum 0,7834 and at the cost of closing 0,7704. The Australian has updated a maximum against growth of oil quotations. On Thursday after M. Draghi's performance and strengthening of US dollar the Australian has handed over positions too. 

Current situation

Though the week candle was closed by a bull body, the top shadow in 130 points has enough to sell Australian dollar with the purpose 0,7384. For a start it is necessary to be closed lower than 0,7630. At once it isn't necessary to sell AUD since often before falling the price does contraflow lane reversal that buyers could leave long positions on the good price. Sales on kickback can be considered from 0,7760. Don't sell the Australian at the rising in price oil.

On April 27 FRS will announce the decision on an interest rate. Nobody expects from the Central Bank of increase of rates. Therefore if the Australian in the first two days isn't able to become stronger to dollar, then will hardly return to 0,7834. So far it is possible to consider falling of the Australian currency to 0,7535. If the trend line is punched then it is possible to establish the purpose in the area 0,7430.

Control of emotions at work on Forex

Control of emotions at work on Forex

The success of the participants in the Forex market does not depend on luck, but on a competent analysis, forecasting the development of the situation, actions and assess the behavior of other players and the ability to keep their own emotions in check. Listen to your intuition, trade transactions is necessary, but the inner voice will prompt the right decision in those cases when you have the necessary knowledge base and experience.

Intuition - it is a developed ability to observe and manipulate the subconscious parts for which the person usually does not pay attention, and proper evaluation of these parts depends primarily on the knowledge and experience that a person has at the moment.

 Therefore, the inner voice worth listening to, but always and everywhere they follow is not necessary. Moreover, the situation is exacerbated by the peculiarities of the psychological atmosphere of trading on the foreign exchange market. And the events that are developing on the hourly forex, often cause a storm of emotions. 

The intensity of emotions and disregard trading strategy negatively affect the adoption of quick fixes. Successful game in the Forex market is based on a system analysis, forecasting, perseverance and reasonable risk.

A carefully designed system based on fundamental and technical analysis in conjunction with the competent management strategy allows us to take accurate decisions in any point in time: whether to make a deal, you need to buy and what to sell, when and why.

According to experienced traders, in most situations where intuition contradicts the decision, the proposed system approach, the system provided the rights. Following a systems approach, free from all sorts of emotions, helps to achieve considerable success in forex trading.

Do I have to, or you can use to create their own system already exist? To understand this, you will be able to carefully taking up the study of fundamental aspects of trading forex. To do this, examine the relevant literature, participate in educational seminars and other events, which will allow you to reach a new level of successful trading in the market.

If we talk about the principle of building their own approach, in any case, the system should provide answers to the following questions: In what circumstances should buy the currency? In some situations it is necessary to exchange currency? What it should be a currency pair? As the exchange will take place? What external factors may influence the development of the trade situation in the market? What are the potential risks and what is real?

Forex. Start with benefits.

Many of those who work in the Forex market knows that it has several important advantages compared to other trading markets. In this article we will talk specifically about them.

The Forex market is a reliable counter market, which operates around the clock throughout the year. In order to familiarize yourself with all the advantages of the market, you need to start investing. If, in order to succeed in the stock market, you need to invest a large sum, then join the Forex market can be a much smaller amount. You can invest from 1 dollar. This is a positive aspect for beginners who are just starting out in trading.

In the forex market, you can fully control the capital, which is on your account. You buy a currency at one price, and if the price for it increases, thus increasing your profits. You can engage in trade 24 hours a day. This is another important advantage of the Forex market. This type of investment is beneficial, as in other markets, you can not use their funds after a certain period of time.

In order to increase the profits of the trade, you can use leverage, which is given by the broker. Arm of Credit can increase your income by multiplying it by 100, 200 or 500 times. But do not overdo it, because you can earn more, but also lose everything. If you are new to Forex trading, you should not use leverage, because the increased chance of losing their investment.

The Forex market allows you to earn both the growth of quotations of securities and currencies, and their decline. Trading on the market can be risky if you do not know the main trends of the market. On this basis, we can say that in order to trade profitably in the Forex market, you need to have the skills and knowledge and be psychologically ready to trade.

To trade on the Forex market you need a computer or other gadget with Internet access. To understand the basis of the trade to begin practice on a demo account. Many brokers offer such training to beginners. But it is worth remembering that a successful trade on a demo account is not a guarantee of successful trading on a real account.

As you can see, the Forex market is the perfect place to start making money and investing.

Lack of discipline trader. What are the consequences?

Lack of discipline trader. What are the consequences?

Absolutely for each employee in any line of business discipline - the key to winning and success. The Forex market is no exception. On it, just as any other exchange a risk. Many people try to cheat the system, without using stop losses and pulling Locks losing trades that subsequently leads to the wrong strategy.

 Working on a forex platform, we should not forget that going on about their emotions, can suffer heavy losses.

In the absence of the trader's discipline expect some real dangers.

The first danger - passion. If we take into account the professional traders, we can conclude that they are always rational.

 Before entering the market, they carefully think through and make a strategy. Lack of strategy suggests that the trader has no discipline, or they are driven by passion and emotion. In most cases, these people are convinced that the market Forex - no more than a kind of casino. Traders need to understand that well-written strategy reduces the risk and increases profit.

The second danger lies in hope. Yes, that false hopes will pull all the work down. It makes no sense to set to work, if it does not live up to expectations. The essence of any work not planned earnings, and the amount of actual money received for neё.Lyuboy person is subject to a desire to earn as much and as soon as possible. But if he will have to rely only on their desires and hopes, neither of which the promotion and success of the speech could not be. Most ill-founded hope will never be better than a small, but real profit.

The third danger - it's fear. The fear of risk, fear of falling, fear of incurring huge losses. Especially strongly expressed this feeling when a person begins to carry even a small loss. Despite this, each reacts to the situation in different ways: someone is trying to rectify the situation, and someone continues to "shake" with fear and do not understand what to do. What is the one that another case can be dangerous: a trader can not stop, or will be taken to conclude the deal mutually exclusive.

 Therefore, in order to exclude this turn of events, we must act clearly composed planu.Chtoby conquer their emotions, you need to develop your own strategy to advance certain action scenario. Work on the bugs and introspection also help to come to success.

Forex. "Risk - a noble cause?"

Forex. "Risk -? Noble cause "

Any trading system implies risks in carrying out actions with the currency in the Forex arena.

However, it is believed that the method chosen worthy speculator confidence if he is able to make a profit at the relative risks of up to 5%.

In the case of Martingale, the situation is somewhat different, there is a similar figure is quite able to reach up to 67% within a short period of time.

What You Should Know

When choosing a martingale TC bases remember one incorrectly opened position subsequently able, thanks to this technique, completely reset your deposit account.

Unfortunately we do not always have enough money to sign another deal which would cover all damages incurred.

Therefore, to use the martingale to derive sub-zero position can lead to the fact that a trader, instead of breakeven will be achieved complete loss of funds (or most of it).

To achieve good performance, guided by this method can be in series analyzing each open position in the series of similar orders.

This must be done in order to further adjust correctly the size of the next item, and step used for trading.

As with any strategy at Martingale method on the principle has its strengths and weaknesses.

Plus the fact that such tactics in some way win-win.

Minus, it is necessary to stock up considerable finances, because the risk of losing everything - also great.

Plus there is no need to select and analyze the point of entry into the market.

Less, if unsuccessful in entering a protracted trend in the opposite direction, such a reckless deal could significantly pull the nerves trader.

Again the advantage is that there is no need to analyze the exit point of the entire series.

All actions are reduced to the calculation of the potential profits to losses obtained.

The downside is that the price might not reach it in the correction and continue the trend movement again.

result

As the price of a currency pair can thus turn a correction, and grow to a significant price changes without such phenomena.

Any of the methods described earlier is quite able to increase the duration of the martingale strategy.

A skilful combination of risk reduction methods can and does reduce the risk of its application to obschedopustimogo level of 2 percent.

Earnings in Forex via advisers.

Earnings in Forex via advisers.

Members traders are increasingly asking the question, Who is Forex Expert Advisor and whether he needs the trader?

Advisor - a program for automated trading on the Forex market. There are different types and variants of advisors performance, but programming the meaning is the same, it is the achievement of certain conditions to fix the profit or loss.

Forex Expert Advisors are divided into: trend, Scalping, based on martingale, grid, hedging, combined. Choose advisor is carefully and thoroughly studying all the characteristics and conditions. Since high-advisors the most demanding of the primary balance and leverage, advisers working on long-term strategies are less dangerous, but also less profitable. Choose a middle ground would be the most correct decision.

Apart are semi advisers - a separate class advisers aimed primarily to help the trader and get rid of routines such as opening and closing of pending orders of the take-profit and stop-loss, control of open positions and transfer without loss, marking and filling the schedule, the withdrawal of important and easy to read information for the trader.

To work with the advisors, a trader needs to carry out preparatory work:

1. First of all, decide on what strategy and what risks work. For highly profitable advisors and high inherent risk of loss of deposit. Advisor must support the setting money management and capital management.

2. For the smooth operation of the adviser with non-stop access to the trading terminal, you need to use the VPS servers. Choose VPS server, you can open the list of the best providers, many brokers provide, under certain conditions, as a bonus, your free VPS server.

3. Choosing a Forex broker is interconnected in direct relation to earnings with the help of advisers. Not all brokers are allowed to work with the help of advisers or there are certain restrictions on trade. Broker is chosen specifically for policies on which the adviser will work, but not the first in the ranking, and having a number of specific conditions.

4. Test and optimize Forex Advisor is crucial. Before the transition to a real account, the adviser is necessary to break in on a demo account or a cent.

5. Constantly output gains as Forex Advisor is just a program, but not a great Grail.

Review of common mistakes made by traders.

Review of common mistakes made by traders.

With every day wanting to make money on the Forex market is increasing every day. Not everyone, unfortunately realize that the money just will not work, because in this case is a must experience, or at least at a basic level of knowledge. In order to have a huge income from this type of income, you will need to, simply, work hard in order to have a good master the theory, as well as all the details. Usually, it is seen that the newcomers are always committed the same mistakes in the work. In this article we will try to tell you about these mistakes.

The most basic mistake in this matter, is that you simply do not have any knowledge of what that is much needed for trading. Members same as that just read a book about the case, or were trained to think, which is quite capable of dealing with trade and climb into this market, believing that to make more money. This opinion is wrong, because if they will be read all the books, this is no guarantee that the sale will go successfully. The main thing - is to study all the intricacies of the market, enough to work closely with the traders who have a great experience as well as experience of trading in so-called demo accounts, which are designed to ensure that newcomers have the opportunity before the actual trade practice, to say so , virtual account. Only after all of this you will be able to trade on real account and then with great care.

The next mistake that is important - it's over-confidence that you can handle, as well as the rush. According to available statistics, in the first month of work, traders get to earn the first of the month, but then all their money, simply to lose. Traders feel the excitement, want to earn more and more and eventually break the rules. It is always understood that the rules should always be remembered.

Another common mistake beginners - a trade intraday. Absolutely without Hôpitaux in this case, the newcomers tend to earn. Beginners need to understand that trade is thus very complex and it is better is not to mess with her. This trade due to its complexity, is not suitable for everyone.

It is also not rare in the traders who are just starting their work, it happens that the trade goes against the trend, resulting in a rapid loss of the deposit provided. It would be best if you stick to the crowd and to conduct trade all together.

Forex Trading: What is a Contract for Difference and how to work with them?

Contract for Difference or CFD trading tool called the stock market Forex, according to which participants exchange differences derived from the value of the contract prior to marketing, and after completion of the transaction. With such a tool, the trader receives reliable information about how much the prices for basic market assets. In this case, in fact, none of them is not acquired, and it is possible to suffer a loss or gain considerable profit from the transaction with equal probability.

Due to the advantages that the trader receives, by signing a contract for difference. This tool investment management, has become particularly popular in recent years.

How does he work? For example, you can purchase shares, the total value of which will be about $ 2,300. If everything is done according to the traditional scheme, it would take 50% of the amount of collateral, that is, the trader will need to deposit $ 1,150. On the contrary, CFD tool requires only 5% of the pledge, which will be about 115 dollars.

The truth is to warn you that as soon as the position is open, the customer's account losses occur, the rate of which will be equal to the spread between the selling and buying of shares. In the traditional method, a trader at this stage would have received a certain income equal to the same value of the spread.

However, CFD is more lucrative and profitable because they do not require payment of additional fees, and to make a large amount of collateral.

Other advantages. Contract for Difference is not only higher returns to his positive qualities can also be considered:

Higher efficiency.

The ability to use the tool for any platform.

The absence of restrictions on the "short" transactions where the trader sells an asset, the owner of which is not.

No commissions.

Large range of underlying assets for transactions.

However, contracts for difference are not without drawbacks. Because of the large spreads, some traders are deprived of the opportunity to profit from the transaction. In addition, the market for such transactions is not well regulated, which is why to find a really reliable broker is very difficult.

CFD is a viable alternative for traders, opening opportunities for short - and long-term investments. They have fewer risks, are more profitable. However, in the event of improper use of strategy and unpredictable development of the market, you can get quite serious losses and faced with too much spending. That is why, contracts for difference, it should be handled carefully and in advance to consider all the pros and cons of a deliberate plan.

Why put a stop-loss?

Why put a stop-loss?

Many beginners in forex, for the first time hearing about the stop loss to think what he told me when I came to trade profitably? This is the first, and almost the most important mistake made by novice traders. Any sharp fluctuation in the market for a few minutes can "eat" all the capital, which is long and hard to earn. In that case, why risk your nerves, especially if you are not always at hand is the computer and there is no possibility of on-line monitor the quotes? Any trader with experience confirms that, without use of stop-loss is not to achieve stable profits. It's hard to imagine a successful trader does not use this option trading program.

Of course, a newcomer at first difficult to reconcile with the presence of stops. Especially when they are triggered, and after some time the trend goes in the intended direction. However, the stop-loss is necessary to use.

However, still there are desperate novice traders who neglect the main trading rules. But it does not save them. Faceless market will sooner or later punish conceited novice. And the latter have to pay their own money for a lesson on the contents of which have long warned strongly.

Some people choose this way of working in the Forex market, when they repeat the actions of professional traders. This method has become very popular, because traders do not need to think about the job market. In this case, it is very important to choose the right leader, with the help of which will have the opportunity to earn good money.

The main ways of earning on Forex

The main ways of earning on Forex.

Earnings on the Internet and attracts many people every day are becoming more common. For many internet income associated with Forex - market sales and purchases of foreign currency. Some believe that in this market need to work with prior education in economics, however, this conclusion is false, because the Forex market can earn absolutely anyone.

The most widely known methods of earnings - is trading and investing. The first is a profit with the help of foreign exchange transactions carried out through intermediaries - brokers. Such a method has several advantages. All you need to get started - it is a computer or laptop and an Internet connection. At the same time, this method may be slightly spoil the nerves, because the currency market is very unstable and keeps traders in constant tension.

The second way - to invest in the PAMM-account (Percent Allocation Management Module). It is this method that traders wishing to invest a certain amount in the total capital, which control is transferred to one skillful trader. Pros investment - is that it is not necessary to engage in an independent trade, the process takes place, we can say, automatically, as well as the fact that in this case it is possible to minimize the risk. However, earnings may not be as high as, for example, during trading, because when investing will have to pay some part of the trader. Sometimes this piece can achieve unprecedented size - 60%.

An entirely different option is called earnings financial betting. This process - a kind of casino. To make a profit, you do not need to trade currencies. All that is needed - is to rely on their intuition and make a bet. The risk of such earnings certainly there, but it is less than with other methods. Financial betting is perfect for those people who are just starting to work on Forex. They will have the opportunity to analyze the operation of the market and try his hand at it with minimal cost.