Forex glossary – A wide range of tariffs

Forex glossary – A wide range of tariffs

Here at Formula FX we feel it is important for you to understand a few basic terms Forex before you start trading with real money. 

Terms described below are basic principles and common techniques that Used by traders Forex. Arbitrage The buying and selling of an asset at the same time, in order to take advantage of the difference in price.

 This usually happens on stock exchanges or markets. It is also known as “profit without risk”. Here is an example of arbitrage: suppose there is a local market shares are also trading in the stock for another country where the adjusted exchange rate is constantly changing so the trader to buy shares on the market sold it for less than its value and sell it on the open market at the same time you still value high and thus reaps a profit from the difference.

 Recommended deal balmraghah for experienced investors only Forex Dealer certified Is any kind of financial institutions that have received the permission of the relevant regulatory body to act as a broker for Forex trading. By dealing with Forex agents adopted will ensure that your transactions are legally valid. 

Base currency The first currency in a currency pair in Forex. Usually it is a local currency or accountingcurrency. For accounting purposes, the company may use the base currency to represent all the profits and losses. Sometimes referred to as “primary currency.” For example, if you’re looking at a currency pair | USD CAD, the Canadian dollar is in this case is the base currency and the us dollar will be the currency changing. Ben Bernanke Chairman of the Board of Governors of the Federal Reserve in the United States.

Bernanke delivered the Presidency of Alan Greenspan of 1 February 2006, ending 18 years Greenspan chaired the Fed. Former Bank Governor, Bernanke was Chairman of the Board of Governors of the United States, President of the Council of economic advisers before being nominated to replace lgrinsban in late 2005.

 Ben Shalom Bernanke was born on December 13, 1953, and was the son of a pharmacist and a school and grew up in the South­East United States completed his undergraduate degree, Bernanke summa cum laude at Harvard University, then went on to complete a Ph.d. at the Massachusetts Institute of technology in 1979, then taught economics at Stanford University and Princeton University and then until 2002, when he left his academic work in the public service Central market A market economic structure, which consists of all the orders that were routed to one central stock exchange with no other competitor market. Prices of various securities listed on the stock exchange price is only available to investors seeking to purchase or sell a particular asset. 

The New York Stock Exchange a centralism where the command is directed to the stock market and then be matched with the order on the other hand, compensation is not a centralized market foreign exchange market because there is no one place where currencies are traded, as it is possible for the trader to find competitive prices from various agents from around the world. CFD CFD is simply the abbreviation of “CFD”., is an agreement between two traders on the exchange of the amount resulting from the difference between the opening price and the closing price of the contract. And CFD are commonly used in global markets trading, stocks, and commodities. 

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And because you don’t actually need to have the original CFD, the market become more liquid than actual ownership of shares, and the physical commodities (such as oil and gold), or the funds. There are no fees for brokers to trade in CFDs, which lets you keep more of the profits for yourself. Exchange hybrid (cross) Are a pair of currencies traded in the Forex market, which does not include the us dollar. 

Where one is trading Forex versus other directly without having to use the us dollar. In the past, be the individual who wishes to trade money with different currency conversion should be the first to the us dollar, and then convert it to the required currency; currency cross works to help individuals waltgarali skip this step. 

For example currency pair GBP/JPY, for example, invented to assist individuals in England and Japan who want to convert their funds directly without having to convert it first to the us dollar Currency pair View prices and pricing of currency traded in the Forex market: currency value is determined by comparison with other currencies. 

The first currency is called the pair “base currency”, and the second currency is called the “currency of change”. Indicates the number of units of currency pair currency change “needed to purchase one unit of the base currency. 

Price fluctuations Exchange rate fluctuation (or price of a good or service) during the day, so that these fluctuations due to the imbalance in supply and demand. Can change the price levels of different goods or services at very high speed depending on the current market situation Decentralized market This market structure consists of a network of various technical devices that enable investors to create a market without a centralized location.

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 In a decentralized market, tofraltknologia investors access to various prices proposals/applications also make it possible for them to deal directly with investors/other dealers rather than dealing through certain stock exchange The Forex market is a good example of a decentralized market that no particular place go to investors to buy or sell currencies. Forex traders can also use alantrntlmatabah quotes for different currency pairs from different customers around the world.

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Forex glossary – A wide range of tariffs

Timing the Forex articles using the CCI oscillator

Timing the Forex articles using the CCI oscillator

Many traders agree that the entry and exit signals your system heat exchanger is less important than most people think. At the same time, you can use the entry strategy has a significant edge greatly reduces the stress of trading strategy. If your positions are generally profitable from the beginning, you won’t have to spend a lot of time worrying about losers. Interesting entry strategy that appears to have a big edge is the Chamber of Commerce and industry of 50 system. 

This strategy was published by user wear factory Forex Forum in April 2008. Billbss explains that he borrowed the idea of the strategy of Dr. Wobble, who knew from another location. Dr. Bob was future strategy was used, but Billbss thought it was first applied to the Forex. And CCI 50 strategy  

The strategy is based on commodity channel index (CCI), which is usually used to identify periodic trends in futures markets. There are three different possible entry signals.

 They are determined using a 50 unit CCI, the CCI unit, and 14 of the 34 EMA unit. And CCI 50 is a relatively simple way of timing Forex articles uses two versions of the CCI oscillator and the exponential moving average. The first entry is possible when the CCI crosses above the 50 line zero. In this case, the CCI unit 14 and 34 unit EMA as filters direction. 

The 14 as the CCI unit must be above the zero line, and the current price should be above a 34 unit EMA. Entry could be called “the first zero line reject.” this occurs when 50 unit CCI already crossed above the zero line and then either 50 units CCI or CCI through 14 below + 100, but cringe before breaking the zero line. The third possible approach is the reason Billbss and Slingshot.

 “this occurs when the CCI unit on line 50 and zero 14 crossed the CCI unit below ­75 and then falls back to above the zero line. The opposite of any of these three short entry signal posts. Billbss does not set out an exit strategy, but indicates that there is a lot of work because the entries up to good timing.

 Do a back testing GBP/USD 15 min bars, but suggested that entries worked well across multiple currencies and time frames. Checkout options Later in this topic, suggesting the use of based Crezt or price stop loss would be a good way to get out of deals. Attached to the exits could be based on the price of entry, and also the 50 unit CCI crossing below the back + 100. 

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Timing the Forex articles using the CCI oscillator

(part I) 20 a simple way to improve the performance of the trading in the Forex market

20 a simple way to improve the performance of the trading in the Forex market

I’m going through the article, divided into two parts, the 20 ways I use personally and you also begin to use them to improve your trading performance.

 Please read the article on dealing with part I, article on dealing with the second part carefully because I spent a long time typing for you and is full of useful tips and tricks that can make a difference in your trading performance. As always, do please please leave a comment after reading the lesson today so I know your opinion and what you have learned from that, and now we begin the lesson.

 1. set yourself realistic goals and understand what you observe A reasonable short ­term goals can be achieved in reality within a short period and how you can achieve long ­term goals, unfortunately, most traders were focused on the long ­term goals that become professional traders “once you start trading with real money. 

The main problem is that once the writers great long ­term goal without a realistic plan to reach a goal of no value. Maybe your goal is reasonable in the short term as a trader is to adhere to your trading plan for one month. Then after that goal you can reward yourself at the end of this month, as determined by the. Make sure you only select short ­term goals that can be achieved in reality, if you want to achieve the long ­term goal of becoming a successful trader in the Forex market.

 If you are seriously committed to become a full time trader, you should put a strict plan to reach that goal, just the desire to become a full time trader not plan nor strategy might enable you to achieve what you want.

 2. simplify your thoughts and your trading approach One of the easiest ways to improve your trading performance when you trade, as well as the overall development of your mentality out of trading the markets is to simplify your trading approach. 

The basic philosophy is to make trading simpler is. I finally realized after years of trial and error in firstday trading I was just harder on myself so much analysis and trading in markets too. When you use a simple trading strategy such as price movement, it removes most of the doubt and confusion and frustration the traders by the uncertainty of how to trade using their strategy.

 Trading is not difficult technically, but it is only psychological, emotional, and therefore cannot use complex and confusing trading strategy makes both technically and psychologically to trade more difficult than it should be. 3. development of your skills and develop your plan before you trade Always amazes me how many emails that I receive from traders who told me basically that they are traders in the Forex market and want to open a real account. 

People seem to think of a reason they need very little expertise or readiness so that they can make money from the market. In fact this is not far from the truth. 

Trading with a real account is not practical can be done without a plan or previous experience. I personally recommend all traders to master effective trading method such as price action trading strategy, so the solid trading plan of that strategy, and keep a record of trading and trade using their demo and record transactions in the register for a period of two or three months at least before they even consider trading with a real account. 

The markets will eat up your trading account who tired to win the money and your bones out before to accommodate what happened (may be you know this already if you have traded in the markets for some time), so whenever you’re ready and you have experience before starting real trading, were starting out better in the long term. 4. don’t give up and return to previous custom It seems our nature as human beings, we feel the excitement and enthusiasm of the people doing the positive things we do not withstand the first obstacles or adversity that we met. How many times have you or has someone you know to make a decision on new year’s day following a diet to lose weight and eat healthy snacks, and suddenly you find yourself returning to the old negative habits back in mid ­February? You are not alone on this course, it is an inherent human nature. 

However, the creator has provided us with a very powerful brain able to make us overcome our natures and human evolution to supremacy over our peers and positive habits rather than leaving negative habits dominate the lives of many people. 

I assure you that trading does not win him zombie class of people or have no motivation to discipline and follow the plan for a long period of time. It is not difficult to have motivation and a good trading plan development in the Forex market, the more difficult it is to overcome yourself and sticking to that plan and to follow your trading strategy with the utmost discipline in trading a week and stop in the next week. 

Most traders fail to adhere to the plan, and end up trading when there is no trading deals, oblivious to the plan traded and gamblers with their money in the markets. Not a member of that group but be distinguished commander, do things that you should do so when you have the desire, designed to play and be disciplined in the face of the temptations standing, those are things that you must do to be a successful trader. 5. stop trading if you feel frustrated or confused If you feel frustrated by the results of your trading or confused because of your trading strategy, it is best simply to rest for some time from circulation. 

This simple practice her magic on your mentality and will return the passion and motivation to your trading routine normal. the liquidation of the mind of the concerns of the market for some time is sometimes the best thing you can do to improve your trading. Especially if you are suffering from a succession of losing trade, you need to take a break from trading real money to gather your forces and gathering up the pieces yourself again. Even though I felt a little tired in the middle of the day on which the profits made from trading in the markets, it is still better to stop trading for the rest of the day and then resume your activity the next day after having obtained a substantial portion of sleep that night. 

It is easy to fall into the trap of excessive analysis concern and we become victims of the temptations, even without a market to note it. If you find yourself sitting in front of your computer for an hour or two just for market analysis or trying to find a deal, you may exit the market for some time. the task of the search check your strategy on the market should be a quick and relatively simple after your trading strategy fluency. 

The expected deal should become apparent and obvious if your strategy from market after 15 to 20 minutes of browsing. So when in doubt and uncertainty then leave the markets until the next day or until you feel comfortable and calm. 6. trade less time than doing now, much less Talking too much about excessive trading, and with good reason, but I am not going to dwell on it too much in today’s lesson, only to mention that many traders are trading very much. I receive many e­mail messages from traders asking about things like “how many deals that were expected to occur each week,” etc. However, in reality, it doesn’t matter at all. 

Traders should focus on the quality of the deals rather than on the quantity of deals, because you have good return each month only deal or two large. Okay stop trading for a week, you should get it. Many traders feel like they need to trade all the time otherwise you will miss the chance to get a win somehow. 

Well, the fact that the market is open all the time and entry of more things does not mean that the opportunity to make some money. You should actually consider the market as a way to lose money as it is a road to winning, that is what will help you not to return to the market quickly when not a strategy. There is only opportunity when your trading strategy realized, if you trading without a strategy realized you simply gamble. From the fact that the rate of trading the top be less return on long term average at least. 

Traders who make trading policy flip­ flops “swing journal” where they continue to hold positions for 3 to 4 days or a week, on average, tend to keep working as traders, while traders on a daily basis make brokers continue to work because of price differentials, commissions from each of those transactions. Unfortunately, the often daily traders and traders of short of trading simply because they gamble and not deliberate. 7. stress your mind stops thinking about long it is harmful While the thought of mind mug are generally good in almost all professions in the world, but trading could in fact be counter­ productive. 

The reason for this is that it is often better not to do anything on the market. Whether that means no deal is not converging with the outline of your trading plan or no intervention in the deal is under way, the traders are often traded accounts exaggerated thinking about what they should do next.

 Don’t misunderstand what I mean, I’m not saying that you should not think at all to become a good trader. But what I am saying is that most traders think more than they should, and there is a huge difference, obviously, you should consider becoming a successful trader, but deciding exactly what your trading strategy and know the best way to trade through it leaving you a lot to think about. After you know how to trade using your strategy, it left only skimming the market every day to search for check your strategy or traded or let go. The best way to implement this approach of trading is a trading strategy on the end of the trading session, however, you can use charts in mid ­day trading session. 

Do not overload the think deals also just launched. The default transaction management strategy “which is” exactly and forget “to my, then I lose periodically if that price movement clearly show a change in attitude of the market to the disadvantage of the central financial, were forced to close the transaction manually, but I don’t do I manually close the deal simply motivated by emotion, I thought long and satisfied by something which is not reflected in actual markets, and its many traders. 8. accept the idea that you need to There are few real trading sites that are concerned with the strategy of price movement and realistic trading strategies than the thousands of other trading sites that talk about indicators. If you followed my articles for some time and yet so you know I focus primarily on trading strategy pure price movement, as well as two strategies for changing sometimes averages. 

With that. The indicators are “lost” for traders who are still looking for a trading system as a “magic wand” and it simply does not exist. The more awakened to that fact I went back to the right track faster to learn trading strategies in real Forex market .

You are not cavemen at the dawn of the twenty­first century, and there is no excuse in the world to read and to educate yourself and to not make a real effort, then laziness will not work. Too many traders want to buy trading systems or attend seminars etc. 

It is not a perfect solution. To learn trading takes time and effort from us, it is necessary to use your mind to become proficient in it. Many traders don’t invest in learning effective trading or spend time on learning and developing the skills of their deliberation, and instead return to the market without real and start trading in wasted money getting tired to win. 

Nowadays there are a lot of available information at hand, there’s no reason not to provide the time needed to learn how to trade effectively. 10. abandoned fundamental analysis and news I know that many of you who read the economic news for hours and read many forums. 

The fact that you are wasting your time with that Act, you are really a waste, you only need to accept the simple fact that all the basics, variables forex news is reflected through the pure price movement on the graphic screen. 

Will not dwell too much on this subject in the lesson today because I’ve discussed in other classes, and there is really no better way to sum it up, only to say that all the news from economic news and all the things that affect the market and reflected on the price movement in the market. So if you learned reading price action, you also learned to read the basics. 

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 (part I) 20 a simple way to improve the performance of the trading in the Forex market

Trade as a predator rather than the prey

Trade as a predator rather than the prey

4 Home Contact us Menu plus Home Forex Learn Forex Online Forex Stok Forex Brokers Forex Trading Make Mony Contact us Navigation May 28, 2015 Forex Brokers No comments Trade as a predator rather than the prey Have you ever felt that there is a hidden force in the market for your hunt as prey? The truth is that we all have when we enter into the arena of trading we begin to act as prey. When you enter the market has moved into the realm of “predators” that seek to get your money, and we call these predators by professionals. 

Must expire any game no matter how long its win lucky owner favourites and will remain one of the world’s population is wealthy class that owns most of the money in this world, this is lower simply so feeding predators (Pro) to prey (amateur). You may feel you are the victim, but you should not as a trader to remain on this case when receiving and sound, you can then plan to move from prey to predators and start getting your share of the prey as the rest black. Predators against preys on the market Since the emergence of trading and professional traders make money from novice.

 So since this is the case, how can you overcome these professionals, how can you succeed? But, are they professional? Just because they have money they still stumble, the lesson is always as much profit for the latest deals. In other words may end weeks or months or even years of sound trading habits when you deal just for greed or excess strain, so any “predator” in the market may still be due again to the category of “prey”. Each of us has the possibility and opportunity to become either ravenous or prey on the market, if we slid into the abyss was ntargh back and forth between the two groups.

 For example, you may be wondering how can I compete with hedge funds, which millions of traders who have lots of experience and time and money in the market? News Flash: go bankrupt hedge funds over time, not everyone has the money are always the masters of the market or the best traders. In short, success in trading is not based on the achievements in the past but now its successes, there is also an article in this issue the title, One deal might make you wealthy or poor, and if I stumbled and slipped away from your trading and your discipline plan, it may become easy prey again.

 To become one of the predators in the market is not necessarily the hardest part, but to remain so for long enough to succeed in the market.

 I’ve learn predator or rolling a long time ago that the key to winning trading lies in doing the opposite of what he was doing when he started trading and was losing money, and continue to try and make money from those ignorant or gullible traders or the compulsory patients who was one of them in the past, and understand how they think other competitors said. If they failed, statistically, so how you can make money from them? The answer is to continue to act as they do. Learn a lesson from the traps that have occurred To become one of the predators in the market, you’ll learn quickly from your mistakes. 

If I make the same mistake over and over again, it will continue as a prey for the time you are skilled traders. For example, if the market index beyond the stop­loss order despite your patience and wait for the appropriate price action signals may be the attitude is you put a stop­loss order in close proximity from the point of entry. So the solution is to put a stop loss order at the level even further, and may not want to do that because it means that you reduce the size of your financial position, but the correct way already imposed until one of the predators. 

What do you prefer won some money, even if less than wishes or losing? Of course if I were in your place I would choose the first mode.

 Another example of learning from your mistakes is the wrong time to enter transactions, and changes the orientation of the market index every time one intervention deals? Do you always feel that you have reached in the last minute of trading? If so, you may need to think about entering transactions next time early or even then ignored. Examine reasons for trades entry points and are waiting for the emergence of promising deals for entry or you they insert yourself in the market at random every time? Do you want behind you they enter her late deals to you akhtatmoha? If so, you need to learn from these traps and they be good wrongs they commit quickly, otherwise it will remain vulnerable in the market. What kind of strategy trading through? And you terminate your position all the time at break the trend? You may change your strategy to break the imaginary probably? And the bottom line is that if you don’t succeed with you and you are continuing to lose money, you need to learn from those mistakes and change, otherwise it will remain vulnerable to predators in the marketplace.

 Prey is weak The prey is the weaker party. So it should become less vulnerable in the market so not easy prey to others, and to do this you need a good strategy and good risk management and a good trading plan, these things will prepare you to be a master position within or without you, you without defenses protect you from attacks by predators (professional traders) in the market. 

The predators have strong defenses to common sense, because as they say in sports: the best way to attack the defense. When you have a plan of action for the protection of your money, this is very important for the survival and prosperity of trade on the market. Imagine with me black, have their own plans, even if the instinct in nature, fishing in the communities where their prey around as if they were pitching her trap.

 The best way you can defend yourself in circulation is through capital preservation through readiness through mastering your trading strategy, owning a trading and risk management plan. Would you like to be weak without defenses as prey in the open exposed to attack and murder

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Trade as a predator rather than the prey

You destroy your trading account expectations

You destroy your trading account expectations

We all enjoy the instant gratification and quick to our needs. 

The more we get what we want, where we quickly better. However, trading often don’t get what we want exactly as we want. As the innate human desire for quick profit is the main cause behind the destruction of the accounts of many investors, so that they might destroy your account now. Trading deals often take longer than we expected to be executed, and this causes a lot of problems for investors. 

We are people wanting to take profits immediately and fast, this is the reason that some people don’t do things addicting self­beneficial just like drugs, gambling, then things like this give them the thrill of fast or “silver bullet” but, you know, certainly, not everything felt relieved we are always useful, and this is especially true of trading. Expectations often are the enemy of success trading.

A lot of times don’t go trading deals as we want, and this affects our emotions and passion has already said, we are all innate desire excite us in seeking rapid returns and behind the instant gratification of needs, so there’s clearly between what we expect out of circulation and give us trading already.

 In fact, many investors expected the large profits and others totally realistic in every operation performed almost, so expect the objectives of profitability than 500 PEP from the time they enter the trading but soon they experience pain and despair when inflated expectations latthakk. Similarly, in many cases, investors have unrealistic expectations about how long it will take trades. They find the investor always says to himself I would check every deal I trading profit you expect immediately, but this is not realistic at all. 

The trading can sometimes take weeks to win, keep that in mind, you will reap big profits from the market that the market has not been given enough time to work to your advantage. Next time when you trade, you should be fully prepared to wait and let the deals list for days or even weeks if necessary, and fear not the status of traffic fluctuations during the day they come out too early, you might miss a good price movement or a strong trend. 

It is also very important to understand that each day and each week the market may change dramatically, so should not be unrealistic expectations on the rise your trading deal in a certain period of time .

 To what extent can help correct medium range (a­r) your trading process There is a technical tool that can help you get closer to determining how the market moves in the coming days and weeks, this tool is called right or mid­range (a­r) (ATR), a progressive indicator market which provides us with information about the expected amount of price movement in any day or week, and simply the market which is in the high level of volatility has a (a t r) higher, the market has a low volatility will have (a t) less. And shows (a­r) how market moves per day (or whatever time frame adopted in it), from low to high Indicies (daily fluctuations).

 (A­r) is not an “accurate” to predict market moves, as far as what tool shows us how recent market movement, in other words, the extent to which the market was volatile. 

This is important because it provides us with a clear span of approximate price in the market is expected to continue the movement in the days or weeks ahead.

 Accept your trading results before you enter It is very important to trade in line with expectations as mentioned earlier, this means realistic and logical approach to things such as stop loss and target mapping tool (a­r) help in this as we discussed before, don’t expect “substantial gain” in every transaction traded. 

This also means no gain every time you trade, and still the best investors around the world lose in some trades, but loses many of them 50% or more of the value of their trading operations., but they always insist on the management of funds, patience and discipline are the way to make big money from the market, and these three things, of course, does not always agree with the innate desire for quick profit. 

To ignore the things that make you feel comfortable the entire time, a skill you will need to develop if you want to succeed in the long term trading. 

You should also be patient so take the trade sufficient time to be, as they often are not as fast or smooth as you desire, you must learn how to avoid out of circulation without reason at the first sudden shift in position, the ascent or descent in the market and other changes that are not in favor of your position is a natural part of the trading process, you need to develop a plan before engaging in the trading process and abide by them, they are not affected by normal daily fluctuations in the market If your trading plan are still valid and reasonable, then you should let the trading process take time enough if you want to check out the expected profits over time.

 Using the tool (a­r) as explained above will help you adjust your expectations about trading and make it go in line with reality. However, it was found that amble by clicking on the buy or sell button can simply be ykhedmk more, and accept with open arms the implications of trading that you intend to do. Should you accept the risk of loss of your money, so you have to think about the size of your position before entering the circulation. 

Therefore, you must first select whether you are willing to lose money on your account balance or you’re not ready to lose yet. If accepted the consequences of your trade before you won’t damage if taken longer than you expect or want, they might sit down and wait too long and leave it to the market. 

The intervention most of the time in trading during movement is wrong, and I’ve found over the years that my initial trading plan and let trading take place comes up periodically, either I stop loss or profit is the best way to do successful trading. I called this the “plan and be patient with them.” As always, feel free to email me at myemail if you have any questions about the trading process. 

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You destroy your trading account expectations

How to develop a profitable trading mindset

How to develop a profitable trading mindset 

There is an inescapable reality is that your Forex trading success or failure depends largely on your trading mentality. In other words, if your trading psychology is incorrect, you will not reap any profits from trading! Unfortunately, most investors either ignore this important fact or be unaware of the importance of having a sound trading mindset to successfully Trade Forex. 

If you do not have appropriate trading mentality, it doesn’t matter how good your trading strategy, because trading strategy can never make money if used by an investor with the wrong trading mentality.

 Note: I would love to know how you plan to use the points to be discussed later in this article to improve your Forex trading mentality, so please leave your comments and your replies below after reading an article today! Many people seem oblivious to the fact that they are trading with a mentality shift between them and making money in the markets. 

But they think that once you find the correct system cursor or vsibdaon print money magically from their computer. In fact, successful trading is the final result of the development of sound trading habits, these habits are the end result of a proper trading psychology. 

And today’s article will give you the necessary vision to develop lucrative trading mentality you need, so, read this article carefully, and not ignore any of the following steps, because I’m sure that the reason you’re having trouble in the market is that your mentality works against you instead of working to your advantage.

 Step 1: be realistic about your expectations The first thing you need to do to develop a sound trading mentality is to have realistic expectations about trading. What I mean here is the only think you once you start trading you will reap millions of dollars two months after opening the account with $ 5,000.

 This will not happen, and the more realistic expectations, the more successful in making money consistently within the Forex market. You need to accept that excessive trading and excessive use of high leverage. If you have excessive trading or excessive use of leverage, it is possible to make some money quickly, but soon you will lose all that money or more during a very short period. 

Accept the fact about how much money you have in your trading account, and how much money you are willing to lose during trading. Here are some other points that you should consider: • Trade money to risk only money to risk is the money you don’t need for any expenses for life, including retirement or anything else in the long term. 

If you have the money to risk, breaks using the demo account trading until you have the money, or completely stopped from trading, but whatever you do, it is important that you start trading with no money would affect the emotions when you lose.

 Always assume that you will lose all your money into your trading account in.,If you really agree with that, you should start now, just make sure you don’t lie to yourself, because the trading funds are too afraid to lose will lead to pressure on emotions and feelings, and then cause continuing losses.

 • Make sure you are still able to sleep at night­this point is linked to the previous point for trading using funds for the loss. But the difference is that you need to ask yourself before each trade if you 100% neutral for the loss of this money or not. If you can’t sleep at night because you think much in your trading, you have risked so much. No one can tell you the amount of risk when each trade, this depends on what you are comfortable to him personally. If you are trading 4 times a month, for example, you might risk more than anyone else is trading 30 times a month . 

This is very relative and depends on the frequency of trades and skills as an investor and you risk. • Understand that every transaction fully independent trading from its predecessor­ and this point is very important, because I know that many investors are affected by previous trading deals. The fact of the matter is that the former does not affect trading on the next trading. You should avoid becoming keen or confident exaggerated after profit in trading or become tilted to take revenge after the loss.

 The fact of the matter is that every time you trade you should look at it as a completely new deal not linked bsavkalt trading that preceded it or the next. For example, if you had won in three consecutive trading, you need to avoid the risk of excess than usual in the next deal just because you feel the overconfidence, and also you should avoid jumping back into the market quickly after the loss in one of the trades for you are to retaliation. When you such things you are working on 100% emotion rather than logic and objectivity.

 • Not related to your transaction­if you followed three previous points you will have little chance to become deeply attached to your trading deals. 

Do not take any trad edeal too me. Just because you lost a few deals, respectively, that doesn’t mean you have drained from circulation, and likewise if you win three consecutive trading does not mean you are “God” and safe from loss.

 If you do not risk too much and do not trade using the money you need for other things in your life, you are probably not so much your trading deals.

 Step 2: understanding the power of patience I think one of the biggest things that helped me to have this place in trading is that I haven’t done much deliberation to make decent monthly return. Think about it, most people consider  .

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How to develop a profitable trading mindset 

Be organized in your trading approach

Be organized in your trading approach

You need to have a plan to operate in the market, and also you have to plan for all your actions in the market before entering. 

Whenever you are planning more before entering the market, the more likely make money to your advantage in the long term. • Plan for trading ­I know that this might be boring, I also know that you may think that there is no need for the work plan of the trading, but if you develop a plan and you use them already, you start trading on unregulated, possibly based on emotions and passion, causing you to lose your money, credit your trading account. Instead, you must ensure that you plan on trading, not trading plan should be very dry and boring document, but you can create them. It might be your own trading plan weekly, you write every week, for example, or plan out of the market and what it will do next week. Just make sure you have a plan for trading before the start of trading.

 • Think before “shooting”, not after­layout before trading is what I need to think before you shoot, and not after. As we all know that what distinguishes between the target or when shooting is to focus or good thinking such as fire. Similarly in the market, what sets making money or losing money is to think enough prior to trading. If you plan such as a trading, this means that you will not regret your trading deals, while not planning puts you in the position of continuing to sign deals trading unfortunate. 

Throw away any doubts about your trading Finally, don’t start trading start using real money if you’re not really sure about your trading. If you’re not 100% sure on what to look for in a trade, you have not developed proper after trading mentality. To succeed in this, make sure you are successful in the lucrative trading with a demo account for at least 3 months before you go for trading with real money. 

• Be sure 100% of your trading strategy­ I trust 100% of the price action in the trading of , But that doesn’t mean I’m stupid enough to think that I could profit every time I trading, but I am confident that the strategy of price movement will work every time I traded

. • Don’t gamble with ­there are some skilled investors already, while others are gambling in the markets. If you are calm and calculated approach to your trading, and patiently waiting until your trading strategy works, such as sniper, you are at the time of skilled investors. If you deviate from the path of your trading plan, and “shoot” without thinking, you are a gambler, so, are you a Forex investor or gambler?

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Be organized in your trading approach

Forex ­EUR/USD reduces its losses after the German almtshlki price index report

Forex ­EUR/USD reduces its losses after the German almtshlki price index report

The euro pared its losses against the u.s. dollar Monday, after data showed that German consumer prices rose in line with expectations this month despite previous reports from the eurozone along with Greek debt concerns continued to pressure sentiment. 

The EUR/USD traded away from 1.0892, the lowest price for the pair since 28 May to the European dealings 1.0941 Thursday afternoon, still down by 0.43%. It is likely to find support at 1.0817 pair, the lowest level since May 27 and resistance at 1.1011, the highest level since May 25. Preliminary data showed that the German consumer price index rose by 0.1% in may, in line with expectations after reading the previous month. On an annual basis, consumer prices rose by 0.7%, as expected. 

And purchasing managers index hit 52.2 unchanged for the final reading for the month of March, the highest level in 10 months, but down slightly from the initial estimate of 52.3. Still weak in key economies in the region continues, the decline of the manufacturing sector in France and Germany recorded modest growth. And fears of possible shortages after Athens warned last month that it would not be able to repay, if no agreement was reached on the cash transaction versus economic reforms with international creditors by then. 

The Greece to pay 305 million euros to the International Monetary Fund on 5 June. And disregard the dollar statements on Friday showed the us economy shrank in the first quarter, with recent indicators continued recovery in growth by raising interest rates prospects. 

The Commerce Department reported that u.s. gross domestic product shrank at an annual rate of 0.7% in the first three months of the year, instead of the initial estimate of 0.2% growth. In the United Kingdom report that showed manufacturing managers ‘ index lmarkit rose to 52.0 from 51.8% average reduction in April, but was less than the forecast 52.5.

 The data added to expectations that the Bank of England will leave interest rates unchanged for a longer period. Sterling remained under selling pressure amid renewed concerns of a possible departure of Britain from the European Union. 

The Government of Prime Minister David Cameron in a Bill in Parliament on Thursday to hold a referendum on membership of the United Kingdom in the European Union by the end of 2017.  

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Forex­ EUR/USD reduces its losses after the German almtshlki price index report

Forex ­Dollar defensive position and the euro continues to rise, with hopes of resolving the Greek crisis

Forex­ Dollar defensive position and the euro continues to rise, with hopes of resolving the Greek crisis

The dollar’s continued decline broadly against other major currencies Wednesday after weak manufacturing data diminished expectations by raising interest rates, while growth in the euro area increased more than expected amid the hopes of resolving the debt deal in Greece. EUR/USD rose to 1.1145, rolling just below its highest level in a week and a half of 1.1193 record set on Tuesday. And the pair closed at the high rate of 2.08%. 

The dollar fell across the Board after the raised data released on Tuesday showed that u.s. factory orders dropped unexpectedly in April, raising concerns about the Outlook for growth in the second quarter. 

The Commerce Department reported that factory orders declined by 0.4% in April despite expectations for a 0.2% increase. 

The weak data also indicated the none ­expected growth has struggled to rise in the current quarter after declining in the first quarter. Continued demand for the single currency, with the hopes that Greece will soon reach an agreement with international lenders on monetary reforms package. 

The Greece to pay 305 million euros to the International Monetary Fund on Friday 5 June. But it warned last month that Greece will not be able to pay if no agreement was reached on the monetary reform deal by then.

 The euro received an additional boost after data showed Tuesday that consumer prices in the euro zone rose for the first time in six months in May. Also the consumer price index in the euro area by 0.3% compared with the previous year in may, after reading the unchanged in April. Economists were expecting an increase of 0.2%. Core inflation, which excludes prices of energy, food, alcohol, too. 

The annual core inflation rate rose by 0.9% from a record low of 0.6% in April. The euro rose to the highest rate in five months against the yen rise in five months against the yen, with the Euro/yen to 138.22, not far from the highest price for Tuesday at 138.86. Also stabilized the USD/JPY at 124.09, an apostate from the highest levels of the day on Tuesday at the 12 and a half years at 125.06. Trading dollar index, which measures the dollar against a basket of six major currencies, the currencies to 96.11, away from the lows recorded by Yen overnight from 95.69.  

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Forex ­Dollar defensive position and the euro continues to rise, with hopes of resolving the Greek crisis

What is the "electronic" banking

What is the "electronic" banking

Are banks that perform banking operations electronically through the Internet to the same work as regular banks, the main objective is to provide services to clients but without the need for client orientation and mechanism via the Internet, I have found these banks with the aim of facilitating mechanisms for customer services in more efficient ways, work has begun with these banks in the 1980 s after using cardboard and plastic cards in financial transactions, and with the emergence of electronic trading and the evolution of the Internet has increased the need to facilitate the operations of deposit and withdrawal, these banks have emerged.

 The power then and have become an essential part of the process, especially after the Bank increased the size of the financial markets and the increasing number of traders, and fastest methods under the constant increase of deliberative processes they shorten the time and effort and is not confined to the time or place for a possible deal with. This is a new direction for banks Bank prevailing style with new features.

Easy and save time and effort for various financial transactions without the need to go to the Bank or waiting time of work, you can transfer funds to complete your transactions through one of these banks. 

To ease financial transactions, thus increasing the size and speed of delivery thereby increasing liquidity. Electronic financial transactions became more secure, there is no possibility for manipulation or bank checks. Lower cost: electronic financial transactions don’t need currency required by the Bank, in addition to the cost of going to the Bank thus offers its customers greater satisfaction.

 Banking services are many and varied: electronic banking clients enjoyment of other additional services. Cons of electronic banking: 

The difficulty of identifying a particular bank liquidity, there are internal and external transactions and incalculable and know its size and therefore cannot determine the size of the resulting liquidity and this will display the State of risk. 

The probability of fraud and swindling: faking some cards or copy information others especially in this enormous technological development which helps to penetrate some information out about confidentiality.

 An error may occur in the use of this mechanism, any mistake will lead to problems and thus blocking his work. Hardly appropriate legal application, such as the World Bank. This system may be exposed to a virus that may cause penetrating and disrupting the system.

 The risk of non ­compliance with foreign manufacturing operations which may expose banks to poor policy.

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What is the "electronic" banking

What is Forex trading ?

What is Forex trading ?

History of Forex Before we start explaining what is trading in the Forex market, we would like to give you a brief history of Forex. 

The Forex market was created in 1875 with the birth of monetary system by the gold standard. 

This was a system in which each State registration of their currencies with gold to indicate their value. 

The gold price was fluctuated between currency and the currency exchange system. The second world war ended the monetary system of the gold standard and the Bretton Woods system. This new system was applied in 1944, where the us dollar as a reserve currency countries. This system does not work so much, and ended in 1971. In 1976, the Forex market has been established with the introduction of floating exchange charges. In the mid­1990s, the Forex trading high on huge electronic markets are used to today.

Forex market talk The Forex market is decentralized, international financial market where currency is exchanged for another. Individuals and institutions can purchase a quantity of currency and payment in another currency, where a company in London that imported products from a company in Rome and pay for these products Commission euros rather than sterling. 

This Exchange from one currency to another easy to facilitateglobal trade and investment companies. 

The Forex market is not restricted by geographical boundaries, working 24 hours a day, 5 days a week. And its also the most liquid market in the world. When trading in the Forex market there are simple philosophy followed by rolling, when trading a currency against another currency, the currency in which the price is high (long position), and sell the currency expected to lower prices (short position).

 You can do this by using the famous trading tools, but there is always a portion of the risk. If the currency you bought on price as I expected, you can sell it and get profits, but if priced reverse forecast, it will be offset by losses. You don’t need to be an expert to good trading, the Forex market is easy to learn if you want to.

 When you need us? The median is the link buyers and sellers together. We search for the best buy and sell prices available in the market and traders. We are mediators of this market, and we carry out operations you. The three trading sessions.

 The Forex market never sleeps, not for continuing activities at all times and throughout the world. 

This is done through three meeting system which allows traders the ability to trade whenever they want, regardless of time or location. Asian meeting 22:00 GMT – 09:00 GMT After the weekend, activity is recorded in Asian markets first.

 Australian market trading starts at 22: 00 GMT and ends at 20: 00 GMT. And of other States in this period also China and Russia, New Zealand and Japan. European meeting 08:00 GMT – 17:00 GMT Towards the end of the Asian meeting starts working at European and interfere with the meetings. 

The most important market for this meeting is in London, but there are important markets are the European meeting, such as Germany and France. European meeting activity starts at 08: 00 GMT and ends at 17: 00 GMT.

 A United States 13:00 GMT – 22:00 GMT In the middle of the European meeting activity starts at America, at 13: 00 GMT and 22: 00 hours GMT. The most important participants in this session is New York City.After the meeting and before the start of the Asian meeting will calm down for a short period.  

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What is Forex trading ?

How can i start trading Forex

How can i start trading Forex

Since you have decided to start trading Forex and online commerce, you will find here some tips that will help you on your way to take advantage of the Forex market The first thing you need to do is open an account online here at Formula FX. Simply fill out the online registration form and your account is ready to use in minutes if you have any questions about opening an account or specify what type of account is best for your financial goals, you can contact a customer service representative Formula FX will tells you the steps to choose and open an account.

 Prospective traders who can remain neutral also benefit from open demo account ­free with no obligation to deposit. 

Download all demo account with imaginary lets you experience our trading platform. Forex trading basics Here we will explain some basics about Forex trading including important terms and concepts that will help you trading like a pro. Simplified Forex is placing a bet on the price of one currency will go up or down.

 And if your expectations it will reap profits and market swings up and important down, as long as you believe your expectations and you execute transactions for strengthening your position, you will reap a profit. Simple examples on Forex trading: When you submit a purchase order for EUR/USD you are buying euros and selling dollars and the euro rises above your entry point will be profit.

 When you submit a sell order for euro/dollar you sell euros and buy dollars when the euro falls below your entry point will be profit.

 The purchase process explained If you expect the currency will rise, you’ll buy it, a process known as (purchase). And once you purchase it you take a long position as the market price rises to the value you feel with him and then selling them for profit. For example, let’s say you purchase 1 lot of EUR/USD at 1.4265: 100000 x 1.4265 = 142640 USD The price rose to 1.4378 dollars, and you have decided to sell one lot of EUR/USD in order to close your business (10,000 X 1.4378 USD = $ 143780).

 And your profit from this trade is $ 140 (USD 143780­142640 USD = 1, $ 140). A simplified purchase is successful when you sell at a price higher than the price you bought it Explain the process of “sale“ If you expect that the currency will fall, you will sell and is known as the (sale). 

Once you sell, you have to take short­term attitude until the market price decreases to the value that it is satisfied and you buy for profit. And because Forex trading allows you to sell out or not yours, you do not need to buy the currency before you place order for sale.

 For example, let’s say you sell 1 lot EUR/USD at 1.4895: 100, 000x 1.4895 = 148950 USD Then dropped the price to $ 1.4821, and then decided to buy 1 lot of EUR/USD for the completion of your business (100, 000x USD = 1.4821 148210 USD) And so is your profit from that deal is 740 USD 148950 – 148210 = 740) USD) The main purpose of sale before purchasing for you is to make a profit by selling the currency and then buy them at a lower price Simply, a sale before you buy is successful when you sell the currency and then buy back at a lower price. 

The above is just the tip of the iceberg when it comes to Forex trading, open an account at FormulaFX today to get started with one of the largest Forex brokers online.  

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How can i start trading Forex