In order to become a competent participant of FOREX market, i.e. a professional trader, it is necessary to pass through inevitable stages, acquiring the skills and knowledge which are essential for working on FOREX.
To be a novice trader - does not mean to incur losses. Owing to the fact that the accounts of InstaForex do not have limits to the volume of minimal lot, you can start working with any sum, having the opportunity to reduce risks. Getting more experienced, you expand the volume of trading operations, thus increasing risks as well as the opportunity of collecting higher profit. 3 easy steps on FOREX market: 1 Step. Training on DEMO-account. Every person can open DEMO-account and learn how to operate the trading terminal and trading strategies for unlimited period of time and absolutely free. Even without having any idea about FOREX market you can try yourself as a trader, opening a DEMO-account. In spite of the fact that a ... Read more » |
U.S. Dollar Index (USDX) was introduced in March 1973, when the Bretton Woods system ceased to exist. The index shows the ratio of U.S. dollar against a basket of six major world currencies - the euro is (EUR), Yen (JPY), British Pound (GBP), Canadian dollar (CAD), Swedish krona (SEK) and Swiss Franc (CHF). As part of the basket each currency has its own weight:
EUR - 57,6% JPY - 13,6% GBP - 11,9% CAD - 9,1% SEK - 4,2% CHF - 3,6% The composition of the basket of 1973 changed only once - in 1999, when the euro was introduced. At the time of occurrence of the index had a value of 100 points. Historic lows it reached in March 2008 - 70.7 points, while the maximum was recorded in February 1985 - 148.1 points. The index traded at the time of the global currency markets - 24 hours a day, 5 days a week. Trading is to exchange ICE (Intercontinental Exchange) - The former New York Mercantile Exchang ... Read more » |
Fundamental and technical analysis of currency market Forex - is the most enigmatic and unpredictable market in the world. But you can minimize risk and increase your profitability by trading on Forex. This is an analysis of fundamental and technical factors affecting the currency fluctuations. Distinguish fundamental and technical analysis. Each in his own good, each has its fans and followers.
Fundamental analysis Fundamental analysis - is one way to predict the foreign exchange market. Followers of this type of analysis is that the situation in the forex market can be predicted, based on events occurring in the financial market. This monetary policy of the state, the unemployment rate, the overall condition of the national economy or the financial viability of its leading enterprises. There are a lot depends on various internal and external factors that affect the position of the national economy and its position relative to ... Read more » |
Trading Rule 1 Decide in advance what counts as a loss in each of the planned transaction. Under "choose" means the following: determine what to do or be a market where all the transactions have been exhausted - at least in part of your trading period. Unless otherwise come to the losses, the possibility of losing is not threatening to respond with pain. The most successful traders have changed their views on the loss, losing a fortune, and even a few states. Having lived through the most terrible fears losing, then they realize: we simply do what is necessary, and then there will be nothing to fear. But what should you do? Assume that the possibility of error is not excluded, and therefore recognize that loss is not completely avoided. Thus, to admit and accept the inevitability of loss - is a commercial science. Of course, most difficult, it is given, but without it does not lay the foundation, in fact, just what you need to know to become a successful trader. |
There are a few tips on what time it is best to make transactions on the Stock Exchange trading. In fact, the information on this issue is not so much because it is not particularly popular with traders. However, there are several recommendations that could and should be followed. |
Trading in financial markets is a serious business, which is based on a set of trading practices, known as succinct word strategy.
Section "Forex Strategy" provides an excellent holistic plan for the work. It consists of components such as the Trading System, which supplies signals to enter the market, as well as methods for calculating purposes. Trading systems are hosted in this section includes not only mathematics (based on indicators), but also graphics - for example, the Fibonacci levels. Immediately warn that the use of strategies offered in this section, it is not guarantee profits. You can use them as sources of ideas that you can add in your own trading strategies. The list of strategies: How to calculate the aims of the movement: Average True Range Fibonacci Method Joe DiNapoli As a hedge against currency risks |
The eternal value of gold
Gold prices continue to hit new historical record: successfully overcome bar in 1800 dollars, and now to take the heights in 1900 dollars per troy ounce. At a time when global economic recovery in question, and the supply of U.S. dollars from the Federal Reserve System in the next so-called quantitative easing is growing, investors prefer not to risk it and buy tools, time-tested. It is obvious that as long as the debt crisis in Europe and slowing U.S. economy will not be terminated, gold remains as the main source of stability. Moreover, the attraction (ie value) of the precious metal could still rise. Gold increases in the price ... Read more » |
Euro meets the downside risks.
Euro expect significant downside risks in the coming weeks, they say in Deutsche Bank, pointing to the difference in interest rates and yield spreads on government bonds. The bank added that a stronger tendency to soft-policies ... Read more » |
The U.S. currency continued to demonstrate its advantage against European and high-yielding currencies in trading Thursday. In
addition, at yesterday's session of the "greenback" has registered
growth over and against one of the major currency of refuge - the yen. Obviously,
the emergence of data on the economy, celebrating the positive results
recorded on the market, not only as signs of improvement in the recovery
process, but also as a factor that dramatically reduces the likelihood
that the Fed will launch QE3 in the near future. At
the same time, evidence of lack of confidence in the power of "green"
can be considered the fact that the Swiss franc continued to rise
against the U.S. currency.
... Read more » |
Restrain the growth of the Swiss franc has become increasingly difficult.
For some time, the Swiss National Bank may have believed he had achieved his goal. Substantial liquidity injections a couple of weeks ago boosted the euro by almost 20% against the Swiss franc as well as reduce the direct pressure on exporters currency of Switzerland. But everything went wrong again in the last few days. And, taking into account recent developments, the upward pressure on the franc, perhaps this time will be amplified. Firstly, there is a limit to how much the Swis ... Read more » |