Forex PFA – Page 21 – Just information about forex

Reasons To Join Forex Trading

Posted on April 16, 2018 by blogger

Do not have to think much before you join the forex trading. You have so many reasons to start trading here. This is a business that will bring good profits. It has a very potential to create you a good and regular income. Joining the market is so easy that you do not have to go the market everyday. You can go about your other tasks as you trade online. This is the meeting point for everyone. They do not have to specialize in it yet they learn how to do it and become traders from wherever they are. This is the same case for you. Whether you are a professional or a student, you are going to fit in here well.

You can choose the amount of money to begin with. You do not have to invest more than you can afford to lose. There are some small accounts for starters. You can deposit as little as $50. This gives you a chance to learn the market with placing big risks. Fortunately, there are very many sites from which you can trade from. All you have to do is to make a good search. The internet will provide you with all the answers that you require. The rules on the amount of money that you can invest are very lenient compared to other market. It encourages new players who can easily fit in.

Think about the profits that you will make in the market. This is enough to convince you to trade here and make a regular income.

Ema Forex Strategy For Newbies Called Bucking The Trend

Posted on April 9, 2018 by blogger

As a new forex trader, you need to learn how to identify the trend on the intraday charts. With a little practice using this 200 EMA Forex Strategy, you should be able to identify the trend on the different intraday charts. 200 EMA ( Exponential Moving Average) is one of the most popular and widely used technical indicator in forex trading.

In order to use the 200 EMA Forex Strategy open the 4 hour, 1 hour and the 15 minute charts on your MT4 Platform. Now plot the 200 EMA on these 3 charts and color it red.

Tile the three charts in a vertical fashion so that you can view the three charts one above the other. Now, scroll through the various currency pairs like the EUR/USD, GBP/USD, USD/CHF, USD/JPY, USD/CAD, EUR/JPY, AUD/USD, NZD/USD, EUR/CHF or whatever pair you like to trade.

Find a currency pair that has price action above the 200 EMA on the 4 hour chart as well as the 1 hour chart but below the 200 EMA on the 15 minutes chart. If you find such a currency pair that has the price action bucking the trend on the 15 minutes chart, get ready for action.

What this means is that the price action is bucking the overall trend temporarily on the 15 minute chart.

On the 15 minutes chart search for a suitable entry point using candlestick patterns like the hammer or the hanging man.

With a little practice on your demo account, you will be able to master this very simple 200 EMA Forex Strategy and realize how powerful it is. You will be able to find the suitable currency pair that is bucking the trend on the 15 minutes chart within a few minutes after a little practice.

In short, what you will be doing is to find a currency pair that is bucking the overall trend on the 15 minutes chart in this 200 EMA Forex Strategy.

Forex Trading – When To Buy And When To Sell

Posted on April 5, 2018 by blogger

Forex trading is both an art and a science, but we must say that it veers toward science most of the time. This is evidenced by the reliance of forex traders on trading signals that are, in turn, provided by computerised programs. We shall discuss two of the most commonly used trading signals used by traders to decide when to buy and when to sell currencies.

First, the Moving Average Convergence Divergence (MACD) displays the relationship between two types of moving averages, thus, its usefulness as a momentum indicator. It is computed by subtracting the 26-day EMA from the 12-day EMA. The resulting MACD is then charted along with the signal line the 9-day EMA, in this case, the latter plotted on top of the former which then functions as the trigger for buying and selling.

There are three ways in which the MACD is used to signal buying and selling in forex trading, as follows:

Crossovers The signal line is your point of reference, of course. When the MACD falls below it, you may think of selling. When the MACD rises above it, you have reason to buy. However, we suggest waiting for confirmation via a cross over the signal line lest you enter into an undesirable position and, thus, lose out on the game.

Divergence Look at the price of the currency. If it deviates from the MACD, it is a signal that the current trends are changing so you must change your position as necessary.

Dramatic Rise The currency may be overbought and, thus, will return to normal levels in the near future when the MACD rises in a dramatic manner. Plan your position accordingly.

Yes, we have to admit that using MACD in forex trading takes practice. This is a must, nonetheless, for success in the business so you may as well learn and master it now.

Second, the parabolic SAR is a technical analysis approach utilising a trailing stop and reverse method in deciding on the best entry and exit points in a forex deal. SAR stands for stop and reverse or stop-and-reversal obviously. In a graph, it consists of dots fluctuating below and above the candlesticks.

The general rules in using parabolic SAR (PSAR) in forex trading are:
If the currency is trading below the PSAR, sell.
If the currency is priced above the PSAR, buy. Or in the words of traders, stay long.

To state it in terms of a graph, sell when the dots are below the candlesticks and buy when the dots are above the candlesticks. Of course, you must take into account other factors but these are relatively reliable and strong signals, so your first informed instinct is to go for it.

Combining the MACD and PSAR in forex trading is a great way to earn more profits from the activity. Study these two concepts intensively and you should be able to take advantage of your newfound knowledge.

Forex Trading Online Day Trading Mistakes To Avoid

Posted on March 28, 2018 by blogger

Many people who do forex trading online love the concept of day trading due to the high leverages hoping that they will be able to get some quick returns. Whereas day trading can be a good strategy, it can result into massive losses if its not conducted with discipline and knowledge on its dynamics. Here are the common mistakes that a lot of day traders make and end up making big losses.

Prepositioning for news

Major news is known to move the market only that the direction is never known in advance.

Most traders normally anticipate the direction of market movement and position their trades accordingly. This is a poor practice as the trader will end up making losses should the markets move in the opposite direction upon the release of the news.

Trading immediately after the news is released

News events are known to cause whipsaw like action in the financial markets. This is because there is no liquidity and the news reports havent been thoroughly assessed. At this point, the market is moving aggressively in both directions and taking positions at this time without a solid trading plan to buffer you from making losses can be very detrimental to your trades.

Averaging down

Many day traders like to average down when they realize that they have a losing position.

This will not only waste time but money as well. Instead of holding onto a losing position by averaging down, you need to close the position and stick to the ones that are doing well. Besides, disciplined traders know how to stick to their trading plans and there is no need to average down if it was not part your trading strategy.

Risking a lot of capital

Many day traders think that excessive risk is equivalent to excessive returns. They therefore end up risking a large amount of their capital hoping that they will make large sums of money during the day trades. The results are always the opposite. It is advisable that you do not risk more than 1% of your capital. This implies that the difference between your entry and stop points should never exceed one percent of your total account. Adopting this will ensure that you manage your risks effectively and avoid losing a lot of money in a single trade or a single day trading.

Unrealistic expectations

A lot of people who do forex trading online are victims of unrealistic expectations. They set up trades hoping to make a lot of money and in the process, they fail to watch the markets and conduct a thorough market analysis before executing their trades. To be effective in day trading, one must learn to isolate expectations and emotions from the trading plans.

Forex Trading Robot or called Forex EA – fapturbo

Posted on March 22, 2018 by blogger

Fap Turbo has quickly become some of the in style Foreign forex trading robots in the marketplace,” reviews Tiffany Hendricks of WealthSpringMarketing.com. “We wanted to do a Fap Turbo assessment to see if there was any validity to the stories which have been popping up about how a lot cash individuals are making using this software.”

Click here to download FAp Turbo

The concept behind Fap Turbo was to create a reliable buying and selling robotic which would permit those considering buying and selling Forex to fully automate the buying and selling process. After downloading the software program, Fap Turbo runs in the background on a user pc allowing them to enjoy different activities.

Hendricks explains how prospects make essentially the most of the Fap Turbo software:

Make Doubling Your Money With FAp Turbo

“Fap Turbo comes with a collection of video tutorials explaining the complete arrange process,” says Hendricks. “This system was created to be ‘newbie pleasant’ so even those with no prior experience with Foreign foreign money trading can use it. As soon as installed, the robotic buying and selling system kicks into gear and begins perform trades for the consumer on autopilot.”

Steve Carletti an expert I.T. programmer and the head developer for Fap Turbo factors out that there are a variety of enticing benefits to automated Foreign forex trading including low start up prices, a huge market ($three Trillion is traded all over the world every day), and the truth that Foreign exchange is probably the most risky market on the planet which allows for unprecedented opportunities.

Make Doubling Your Money With FAp Turbo

“It’s a should to be blind to not see the incredible potential,” says Carletti. “And reality be informed, my real success as a Forex dealer and robot designer solely came after I completely understood the significance of those elements…”

Whereas skeptics remain cautious about utilizing automated solutions, many who’ve tried Fap Turbo are happy with the outcomes they’ve gotten using the system

“Obviously anytime you’re trading there’s a threat of loss,” says Hendricks. “But that being stated, Fap Turbo clearly is working for some, and the fact that it provides an automation answer certainly makes it a lovely option.”

Make Doubling Your Money With FAp Turbo