Posts Tagged ‘trading’

You read that right… how to earn 100 pips (that’s $100 if you trade just 1 mini-lot) in just under 25 minutes! An overview of the ABCD pattern and how to use it together with Fibonacci retracements & extensions.

Duration : 0:7:36

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http://clk.atdmt.com/FXM/go/nfrsieng0100000402fxm/direct/01/
A lesson on understanding what increases and decreases in the rate of a currency pair mean for the values of the currencies which make up that pair.

Duration : 0:5:35

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http://www.informedtrades.com/
A lesson on how to calculate profits and losses in the forex market for active traders and investors in foreign exchange and currrencies.

Duration : 0:7:44

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Supply and demand are the main elements in determining the value of any given currency in currency trading. No matter what currency it is it will always have its ups and downs. The reason behind this is that the main elements are also affected by sub elements or determining factors. There is the political stability and condition, economic standards and maybe the most hard of all to weigh market psychology. With all these factors behaving erratically, it is impossible to say that your investment is as excellent as won. Even the slightest economic turmoil, political view change or rumor can flip your coin to the losing face. There must be something that can offset this chaotic uncertainty. The answer to that is forex option. This is the number one tip you need to consider when involving yourself to the currency business. This option allows you to gain flexibility in a seemingly rigid investment. Forex option, as the name goes, is the option given to the buyer. In exchange for an agreed upon premium and nothing else, the buyer gains the right, but not the requirement, to buy currency, at a certain price set at the start, for a given amount of time. This ensures that whatever happens to the value of the currency the buyer is interested on the loss is managed at the beginning by the premium cost. But if the tides turn in the buyer’s favor then he gets the benefit of buying the currency at the agreed price which he can then sell at the price it is currently running. Limited loss and a win are the only outcome for this arrangement.

Market analysis is very vital in currency trading. Although no one can predict currency price movements, you can get valuable insights if you analyze the market. There are two ways to analyze the Forex market. One is technical analysis and the other one is fundamental analysis. Both have advantages and disadvantages so you need to learn how to use these two analysis tools. But, if you are comfortable in crunching numbers and doing statistical predictions, technical currency trading analysis would be best for you. The first thing you will need when performing technical analysis is a Forex chart. There are different types of charts available for every Forex trader. So be very sure that your Forex broker can provide different charting software to help you analyze the market. If you are still a novice at the Forex market, you can use simple charts for your technical analysis. Line and bar charts could be very helpful for beginners especially if you just want to identify opening and closing prices trends. But, you need to start educating yourself in using sophisticated Forex charts such as candlestick charting. Advanced charts can give you extremely valuable insights on the behavior of currency prices. You can also customize the time frames of your Forex charts to suit your trading styles. When you analyze the market using Forex charts, be sure to strictly follow what the charts are telling you. If you go against the trends predicted by your Forex charts, then there are greater chances that you can lose huge time on currency trading.