Sunday, February 23, 2014

forex trading methods money management

 Learning to trade the forex market will make you a profitable in the long run. Forex trading start with knowing money management. Money management should include your trading plan and how much to risk in your Forex account. As a forex trader you should never trade your entire account on ant trade never more then 2 percent, a trader should never have more than a few trades open at one time. By trading a couple different pairs, the forex trader reduces the risk among each of the Forex trades you have placed.
 Money management Is key is saving your trading account. A smart forex trader takes 4 separate trades on four different pairs. With the proper research and taking long and short positions will be able to make a good return on investment. The use of stop losses in important if taking on four trades at one time. This is for establishing initial and continuing stop loss orders for any forex trade. As part of good money control. Traders should always have stop Losses in place.
Stock and Forex Risk Management

Saturday, February 22, 2014

Fractal Breakout Custom Indicator

The Steinitz Fractal Breakout custom indicator automatically gives you a pop-up alert w/audio showing you exactly where to enter and exit the market with laser accuracy. We show you thru videos and owners manual the exact mechanical rules. Newbies welcome The Steinitz Fractal Breakout custom indicator automatically gives you a pop-up alert w/audio showing you exactly where to enter and exit the market with laser accuracy. We show you thru videos and owners manual the exact mechanical rules. Newbies welcome A Forex indicator is a piece of software you apply to your Forex trading platform. Our indicator watches what the market is doing in real time and generates signals to place a trade. The indicator is only half of this equation. The other half is you! When a signal is generated you do a quick check to verify it is a valid signal and then either place your trade or wait for a different signal. Don't be scared! It's extremely easy to determine how and when to enter the market. Our complete Forex Fractal Breakout Custom Indicator™ system teaches you how to validate these signals and enter the market at exactly the right time. It's very simple and anyone can do it. The Forex Fractal Breakout Custom Indicator™ system has over a 90+% success rate for pinpointing the exact moment to enter a trade offering the lowest risk/reward ratio imaginable.
Fractal Breakout Custom Indicator

Friday, February 21, 2014

GBP/JPY

21 Feb  GBP/JPY  Daily
15::15 GMT - GBP's Running ahead this pm., after a contained am,       session centred on 170.60. The latter is a draw lower if/as the pm.   rally fades (around 171.85/ Tues/ this week's high.) [NR]
R5: 175.55   21-Oct-08 high
R4: 174.85 ** 2-Jan/ YTD high
R3: 173.60 * 23-Jan high
R2: 172.30  24-Jan high
R1: 171.85 * 18-Feb high
S1: 170.60   Fri am high volm
S2: 169.20 * Thurs low
S3: 167.55   Jan low
S4: 167.15   10-Feb low
S5: 165.00   6-Feb low

Thursday, February 20, 2014

Forex Buy and Sell signals

Some experts feel you should back what seems to be a good situation with all the investment funds at your command. Others will warn against getting greedy, and advise partial investment here and there, at different times, to spread the risk. This is not the place to discuss the merits of these techniques. The point is to give yourself the flexibility of moving either way your judgment dictates.
Remember: your income need not be large, so long as it is regular and enables you to put aside a surplus after you have taken care of your bills and the possibility of trouble. The surplus need not be large, either. Saving, as has been said many times, is a matter of regularity.
Forex Buy and Sell signals

February manufacturing index

 The greenback is getting used to downbeat US economic data at this point, so it took an unexpected rise in Markit's February manufacturing index to stir up some action. USD/JPY rose from 102.09 to 102.25 in the two minutes before 9am when subscribers get the data. The pair drifted as high as 102.34, now at 102.2. Clem Miller, investment strategist at Wilmington Trust, says investors have lowered expectations on the economy in the wake of this year's string of disappointing data. From here, dollar bulls are waiting to see if bad-weather effects will fade and make way for rosier releases. EUR/USD down 0.1% today at 1.3716.

Wednesday, February 19, 2014

Trading Forex Time Frames

The known rate of failed unsuccessful traders is around ninty percent. This is high because they do not learn how to trade. It could be higher but there is no way to prove that. If chart analysis was so successful, more new traders would be making money in the FX markets.  Do you really think a Forex broker or central bank are trading a one minute chart trying to day trade this market for ten pips.So you can try time frame analysis breaks down like this. Generally, traders recommend using three time frames to plan your trades. The largest time frame determines the trend, which the  trader uses to decide whether they should go long or should we go short. Most like to also use the larger time frame to help with the supply and demand levels on your trading charts that the institutions are forming with their large orders.
The middle time frame is where you will mark my levels for entering trades zones. Using this medium time frame allows me to “shrink” your zones a bit a daily zone might be 100 pips wide, while a fine tuned four hour zone might be only 30 to 40 pips wide.  The zones indicate how large your stop loss must be. Larger zones have larger stops, smaller zones have smaller stops. When a trader chooses to use a third, smaller time frame, usually this is where he or she will “time” their entry. This is where we go into candlestick patterns for entry.
Trading Forex Time Frames

Minutes of the BOE's Feb. 5 and 6

Minutes of the BOE's Feb. 5 and 6 policy meeting, also published Wednesday, showed officials appear content that inflationary pressures in the U.K. remain under control, reinforcing their low-rate plan. They also record officials' strengthening confidence in the U.K. economy. Central bank staff expect the economy to expand 0.9% between January and March, and by around 1% in the second quarter.