Monday, February 26, 2007

Learning How To Trade The Markets Will Give You Financial Freedom.

In today’s world, finding and effective way of generating a good and more than good income outside of a traditional job can be difficult for those new in the entrepreneurs jungle.

As soon as you find yourself outside your traditional job, ambivalent feelings start arising. You feel both alleviation from having regained your life and be in control of your destiny and a scary feeling of loneliness in an uncharted sea where you may lose the control you just gained in any moment. But despite everything you decide to go ahead and as you start looking there seems to be many options in front of you promising big fortunes but the reality is that only a few ones will give you the financial freedom you are looking for.

Among those few opportunities that will appear in front of you as a great promise and that will indeed deliver, you will find the world of “Trading”. You can trade indices, stocks, e-minis, commodities, options or forex. Each of these markets have their very particular characteristics that you will need to learn but in a general sense they are all equal, their basic characteristic is that they offer values with prices that oscillate over time and these oscillations can be analyzed such that you will be able to profit from the variations in the prices. In short, the basis for being successful with each of these markets is learning how to trade.

With this I mean, learning the basic concepts behind a proper analysis of the markets. What patterns are the best ones to trade, what behaviors of the markets will be in your favor, what will play against you, etc.

Learning how to trade is similar to learning to fish money out of the markets at your will, instead of just spending your hard earned wage every month.

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How Many Indicators Do You Need To Watch When Forex Trading?

Forex trading has become a widespread activity around the world these days. Since the introduction of the internet, the access to the currency markets has become a work at home activity that many people has embraced and converted into their main income source.

But Forex trading is not easy. It may be hard work sometimes, but no one can deny that trading the forex has a huge profit potential for the “initiated trader”. The amount of work depends on how much you know about the currency markets and the tools available to you.

As a forex trader you will need to have a “trading compass” in order to successfully trade the market. The usual thing for the forex trader is to have a number of indicators that will serve as the “compass” in his trading activity and efforts for profitable trades. There are indicators as Bollinger Bands, EMA’s, Elliot Waves, Fibonacci levels, Pivots, etc. I’ve known of traders who have tested more than 100 indicators!.

Once you understand and learn the language of each of these indicators you must be ready to read the forex charts for a while and start making decisions based on the information you get from the number of indicators you may be using at the moment, and these can be many indicators that you will have to use at once when you are facing a no very clear market.

The work involved in using these indicators is one of the main reasons most forex traders dream with a tool that would let them trade without spending too much time reading the charts and that would also help them reduce the stress of the trading decision. All this would involve the use of a “Forex Trading Machine”, a tool that, believe it or not, nowadays exists and which use has been spreading in the forex trading world.

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Thursday, February 22, 2007

Is A 5 Figures Income Possible Trading Forex?

Many people would love to have a high income just by doing an activity they can do from home or anywhere else they wish to be. But most of the time they don’t know where or what they can do to gain that income and freedom a regular job rarely gives anyone.

Earning a more than decent income from home is not a distant dream any more for many Forex traders around the globe. They are people from all walks in life that once in their busy lives found that Forex existed and they correctly appreciated the multiple possibilities and high income potential this activity has for those with the proper knowledge of the currency markets.

Forex is a very dynamic market where prices are continually oscillating and with activity practically the whole week, except for a short period during the weekends. These characteristics makes the Forex a great place to trade. This market has so much life that you can analyze it and realistically hope to gain a lot of understanding about how it behaves with time and around particular world events.

The dream of every forex trader is to have a trading system that will allow him to trade the currency markets profitably with the least amount of analysis done on the charts. These means a much less confusion potential and also less doubts when the moment of truth comes and you place a trade for your chosen currency pair. These kind of “trading machines” let you trade based only on simple signals that result from the previous analysis of the data by the “machine” saving you most of the sweat when trading.

The “Forex Trading Machine” has been giving great results for many traders around the globe. You can test it here:

=>> http://www.1-forex.com/FXTMachine/Trade-by-the-Button/

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Tuesday, February 20, 2007

Fibonacci Trading, Your Compass To High Probability Trades.

When you start trading the currency markets, or any other market, you usually think that every trade is worth the risk and that a good trading system will teach you how to win in every trade you make. But that’s far from the truth.

One of the first things you must realize as you enter the world of trading is that not every trade is worth the risk and every professional trader aims only for those high probability trades that will surely make them money. These are always trades that are highly predictable with the particular trading system you are using.

For example, by the combination of trend and Fibonacci techniques you can obtain very powerful signals for high probability trading. By using these indicators, trend-lines and Fibonacci levels in conjunction you will greatly improve your chances to pinpoint a highly profitable trade.

You may be asking by now what Fibonacci is? Fibonacci trading is directly related to the existence of specific mathematical proportions that appear in many places and structures in nature. Fibonacci was the last name of an Italian mathematician who is remembered by his famous “Fibonacci sequence”. The definition of this sequence is that it’s formed by a series of numbers where each number is the sum of the two preceding numbers; 1, 1, 2, 3, 5, 8, 13. In the case of currency trading what is more important for the forex trader is the Fibonacci ratios derived from this sequence of numbers, i.e. .236, .50, .382, .618, etc. These ratios are what determine the famous Fibonacci Levels.

Learning the correct use of these levels can positively impact your trading success. Fibonacci levels can perform as a compass guiding you to high probability trades.

http://www.1-forex.com/Fibonacci




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Monday, February 19, 2007

Trading Characteristics Of The Forex Markets.

There are a number of reasons why FOREX trading is such a great way of entering the capital markets.
Among them we can find it’s easy accessibility thanks to the use of the internet, the fact that currency trading
is all
commission-free and also the low transaction costs involved.

There is one important characteristic about Forex that makes it what it is. This important characteristic is that there is not a single unified foreign exchange market in the world. Instead of this, due to the over-the-counter nature of currency markets, there exists a number of interconnected marketplaces, where many different currency instruments are traded. What this implies is that there is not a single dollar rate in the world, but different rates, depending on what bank or market maker you are asking a quotation to. In practice these rates are often very close as you can easily find on the web.

As a piece of general knowledge you must learn that the main forex trading centers are placed in New York, London, and Tokyo, but this doesn’t mean they are the only ones; there are other banks throughout the world that also participate. For example, as the Asian trading session ends, the European trading centers open, then the US session, and then the Asian centers open again. This kind of “continuos” market has the advantage that traders can react to news immediately, instead of waiting for the markets to open.

There are many factors that can influence the exchange rate of a particular currency. These rate fluctuations are usually caused by changes in inflation, GDP growth, interest rates, budget and trade deficits or surpluses, and other macroeconomic conditions f the country emitting the particular currency. Also major news that are released publicly can affect the prices of currencies; so many people have access to the same news at the same time that they can shake a currency price really hard.

According to a specialized study, the most heavily traded products on the spot market are: EUR/USD - 28 %, USD/JPY - 18 %, GBP/USD - 14 % and the US currency was involved in 89% of transactions, followed by the euro (37%), the yen (20%) and sterling (17%).

Forex Trading can make you real money if you learn the correct trading strategies. I particularly recommend you this one:

=>> http://www.1-forex.com/Day-Trade-System/




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The Right Forex System Can Make You Rich.

Whatever you think you should be doing in forex, the first thing you must consider when thinking about starting a profitable forex trading career is to find a forex system that will give you consistent gains. This means a system that will have a high percentage of successful trades over losing ones. No system is perfect, that’s true, but you will make money even with losing trades, as professionals do, if you do things right with your system. Lots of people earn a living trading the forex and you can do it too.

A key ingredient in your forex trading system must be to have the proper money management rule sin place before you start trading. Bad money management can sink your trading career at the very beginning. So be wise and plan ahead in your system.

Also you should have clear chart setups in order to have a wide and detailed view of the market at the moment you are trading. With your charts in place you should load your trading system with the correct logic of when to enter a trade and when to exit. In forex trading these two critical times often means lots of money inside or out of your pocket. Never use a system that doesn’t give you a clear logic for your trades.

It is always a plus if your system ha information of the best times of the day when to enter the markets and when you should better leave and take a brake. Forex trading session is all day but there are hours when the volume increases and trends show themselves more clearly. Taken note of this and considering when looking for a good forex trading system for you.




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Tuesday, February 06, 2007

Technical Analysis & Trends In Forex Trading

Everyone is talking about forex these days, and there are big reasons that explain this huge interest expressed by people all around the world who are willing to learn and enter the world of forex trading. Forex is a huge market with an almost continuos activity all year long, week after week, hour after hour and with the particular characteristic of showing highly marked trends, making it an easily tradable market if you know how to read those trends.

In order to correctly read the forex charts you need technical analysis; this is defined as the study of the price and trading history of a particular currency pair. T. A stands in the opposite sidewalk to what’s known as fundamental analysis, which is defined as the study of the actual nature and characteristics of the stock or a particular currency in the case of forex. Although some investors combine the two types of analysis in making investment decisions, there are techniques originated from the exhaustive studying of past price charts and trading action during long trading periods that allow the use of only technical indicators in order to have profitable trades.

Technical analysis relies on the empirical evidence to assert that prices do trend. This assumption that prices must trend in the forex market evolution with time is the most important concept in technical analysis..

Technical analysis has many different methods and tools in its arsenal; they all share the characteristic of relying on the assumption that price patterns and trends exist in the markets. Of course, technical analysis is not 100% accurate, but a correct analysis by these methods and techniques will give results that are correct much more often than they are wrong. And this is the basis for building a profitable forex trading system.

If you want to learn more about Trend Trading in Forex and how to become profitable take the first step.



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Monday, February 05, 2007

What’s An EMA? The Concept Behind The 5 EMAs FOREX SYSTEM.

There is a concept in forex trading and in trading in general that is used as an indicator by many forex traders. This widely used concept is that of the “moving average”. It’s used in the field of finance and specially with technical analysis. It belongs to a family of many similar statistical techniques widely used to analyze time series data.

You can calculate a moving average for any time series, but in our case we are mostly concerned about this average calculated over currency pair prices over time. As an averaged quantity, MA’s can bee seen as a smoothed representation of the current market activity and an indicator of the trend influencing the market behavior. Thus highlighting longer-term trends or cycles. The limit between short-term and long-term depends on the market you are observing, and the parameters of the moving average should be set accordingly.

There are three main types of moving averages. Simple moving average, Weighted moving average, and the Exponential moving average. They are all moving averages but differ on how time period are weighted for the final value of the indicator.

In the case of the Exponential Moving Average (EMA), which is also called Exponentially Weighted Moving Average (EWMA) sometimes, during the calculation the formula applies weighting factors which decrease exponentially. What this means is that more weight (importance) is given to the latest data.

From this definition we can conclude that an exponential moving average reacts faster to recent price changes than a simple moving average. The 12 and 26 day EMAs are the most popular short-term averages. And in general, the 50- and 200-day EMAs are used as signals of long-term trends.

Take your first step into profitable forex trading, visit:

http://www.1-forex.com/5EMA-Forex-Trading/1



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Sunday, February 04, 2007

Is Forex Trading By Pushing Buttons Possible?

Now that many people around the world is thinking about joining the club of the forex traders, the thought of having an automatic system sending you the right signals to enter or exit the market are, I’m sure, pervasive in many of those joining the ranks of aspiring traders.

In principle the concept of trading the forex by pushing buttons and having precise entry and exit signals seems a bit awkward. With a forex market having such a huge volume of transactions during most of the trading week and with the market quotes constantly oscillating it seems next to impossible to have such a simple approach to the trading of currencies.

Contrary to this conception; the other day, as I surfed the web I discovered a curious system called the “lazy trading forex software”, the title naturally catches your attention but it really catch my attention when I read the statement where the author mentions that he has historically won 76% of the time with his trades. That’s not a perfect record but it’s a very impressive one for any forex trader world wide.

As I read more information about this system I discovered one more thing that really excited me, as I’m sure would excite many savvy webpreneurs with some flight hours on the web, the issue was related to the fact that you can use this software with the famous Betonmarkets site. Just thinking about beating Betonmarktes makes me salivate, again if you have been around for a while and trying to make money from the internet you will know the reason of my excitement. This is the first time I find a piece of software that has the ingredients that will help you to become profitable at this great site; a place that may become a very dangerous site if you don’t know what you are doing.

Can you trade the Forex Markets just by pushing buttons? Maybe you can…





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