Forex for a trader
Forex trading resources

Forex trading resourcesRecommended Resources. This list of Forex resources contains URLs to other useful Forex sites — Forex forums, general Forex information resources, Forex signals providers and our partners. If you find a broken link, or wish to suggest one, please contact us. Automated Trading Championship — Automated Trading Championship contests by MetaQuotes, the developer of the MetaTrader trading platform. The contests were held annually until 2012. Forex Charts and Technical Analysis. Incredible Charts — A very good resource to learn everything about charts. John Bollinger's Official Bollinger Band Website — Forex screening, analytics and signals based on Bollinger Bands. Interactive charts with a wide array of technical indicators and streaming Forex news. And totally unique on BB4X. com are patent-pending 2-D and 3-D charts. MetaTrader Expert Advisor Programming — OneStepRemoved. com specializes in programming Expert Advisors and custom indicators for MetaTrader. Forex Magnates Directory — a directory of the online Forex industry resources. Forex Forums and Community Sites.

ForexFactory — a popular Forex discussion forum. Forex TSD — a Forex forum specializing in expert advisors, indicators and other tools. FXstreet — Many useful articles, constantly added expert commentaries and forecasts. rForex — Reddit community about Forex trading. CFTC — the US Commodity Futures Trading Commission, a governmental entity that implements regulation of the Forex industry in the United States. NFA — the US National Futures Association, a self-regulating organization, which monitors the activity of the Forex brokers and protects the rights of the market participants. FCA — the Financial Conduct Authority is the main regulating institution of the United Kingdom. FSA — the Financial Services Agency is the regulator of the Japanese Forex industry. FINMA — the Swiss Financial Market Supervisory Authority. CySEC — the Cyprus Securities and Exchange Commission licenses the Forex brokers registered in Cyprus.

ASIC — the Australian Securities and Investment Commission servers as a regulator of the brokers registered in Australia. FMA — the Financial Markets Authority is an agency that regulates the Forex market participants in New Zealand. Forex Signals and Market Forecasts. AceTrader - FX signal provider — provides 24-hour intraday and daily FX trading commentaries and signals. Service started on Reuters since 1989, on Internet — since 2000. Forex Social Networks. TradingView — create feature-rich Forex charts and share them with other traders. FXSTAT — a network for currency traders to share their trading account activity and for other traders to follow that activity. Myfxbook — analyze your trading account activity and share it with fellow traders.

Watch detailed stats of other traders. StockTwits — like Twitter but for financial trading posts. There are many good analysts to follow, but everything is too focused on stocks rather than currencies. Trading Stratagem — Discover your strategies and see your trading results. Trading Stratagem is an advanced tool for the management of your MetaTrader accounts. Thanks to his powerful features you are able to manage and track your strategies performance. In addition thanks to the alert system you can set specific conditions in order to be alerted and react as soon as possible. Foreign Exchange Services. exchange-rates. com — Live exchange rates, currency news and currency converter. Plus make personal and business money transfers. Forex Trading Information. Investopedia. com — a large educational Internet resource about investing and trading.

Forex trading — Forex technical and fundamental analysis, Forex charts and brokers. Forex Training with Peter Bain's Forex Currency Day Trading Course — Forex training course and Forex services by professional Forex traders. Online Forex Trading — We talk about currency exchange using online platform, Forex software and trading systems. MaxProfit — MaxProfit Trader's Diary is a transaction journal for keeping trading statistics with a simple and intuitive user-friendly interface. MaxProfit - # 1 Trader's Diary for successful traders! 155 . wrayjustin Trading Pennies for Dollars FXMarketMaker Professional Trader Hot_Biscuits_ Models and Bottles spicy_pasta RichJG Financial Astrologer El_Huachinango MOD finance_student Prop Trader AutoModerator » the front page of the internet. and subscribe to one of thousands of communities. 3 , * Dannyboi93. Want to add to the discussion? – deleted 4 5 6 3 (3 ) –rsiddle Live Trader 2 3 4 3 (2 ) –gruberexn gooby plz 2 3 4 3 (10 ) – deleted 2 3 4 3 (3 ) –gruberexn gooby plz 1 2 3 3 (2 ) – deleted 4 5 6 3 (1 ) –Aluk123 -1 0 1 3 (5 ) – deleted 2 3 4 3 (4 ) – deleted 2 3 4 3 (3 ) – deleted 1 2 3 3 * (1 ) –yungoldie 2 3 4 3 (0 ) – deleted 1 2 3 3 (0 ) –masudhossain Seasoned Trader 0 1 2 3 (5 ) –TheRama 0 1 2 3 * (4 ) –masudhossain Seasoned Trader 0 1 2 3 (3 ) –TheRama -1 0 1 3 (2 ) –masudhossain Seasoned Trader 0 1 2 3 (1 ) –TheRama 0 1 2 3 (0 ) –Dananddog 0 1 2 3 (0 ) Reddit for iPhone Reddit for Android mobile website. , . © 2018 reddit . . REDDIT and the ALIEN Logo are registered trademarks of reddit inc. ? Rendered by PID 19679 on r2-app-0b1a17df834bf23b5 at 2018-08-26 12:42:04.519931+00:00 running b1939d2 country code: UA. Forex Trading – How to Trade the Forex Market. Learn about the best forex trading strategies. How to Trade the Forex Market.

Whether you’re an individual trader or a financial or investment professional, the foreign exchange (forex) market, also known as the currency or foreign currency market is where the money is. Forex trading amounts to approximately $5 trillion (yes, trillion, not billion) per day. By comparison, the approximately $700 billion a day bond market and $200 billion a day in stock trading worldwide appear relatively small in size. The total daily value of all the stock trading in the world equals just about one hour’s worth of trading in the forex market every day. Forex Players – Banks. There are several distinct groups of participants in the forex market. The largest group of forex traders, in terms of the total dollar value of trading that they account for, is comprised of commercial and investment banks. Banks conduct a large amount of currency trading on behalf of their customers who are involved in international business and trade operations. They also serve as market makers in forex trading and trade heavily in their own accounts. (If a banker ever cautions you against forex trading, you might want to ask them why, if forex is such a bad investment, their bank invests such huge sums in the forex market.) Forex Players – Governments. Governments, through their central banks, are also major players in the forex market. The central bank of a nation will often adopt large positions of buying or selling its own currency in an attempt to control the currency’s relative value in order to combat inflation or to improve the country’s balance of trade. Central bank interventions in the forex market are similar to policy-driven central bank interventions in the bond market. Forex Players – Companies. Large companies that operate internationally are also substantially involved in forex trading, trading up to hundreds of billions of dollars annually. Corporations can use the forex market to hedge their primary business operations in foreign countries.

For example, if a U. S.-based company is doing a significant amount of business in Singapore, requiring it to conduct large business transactions in Singapore dollars, then it might hedge against a decline in the relative value of the Singapore dollar by buying the currency pair UsdSgd (US dollar vs. Singapore dollar). Forex Players – Traders. Last, but certainly not least, are individual forex traders, speculators who trade the forex market-seeking investment profits. This group includes a disparate cast of characters, from professional investment fund managers to individual small investors, who come to the market with widely varying levels of skill, knowledge, and resources. Learning Forex Trading – Currency Pairs. The forex market trades fluctuations in the exchange rate between currency pairs, such as the euro and the US dollar, which is stated as EurUsd. In the quoting of exchange rates, the first currency in the quotation is known as the base currency and the second currency is the quote currency. The exchange rate for a currency pair appears as a number like 1.1235. If the pair EurUsd is quoted as 1.1235, that means that it takes $1.12 (and 35100 th ) in US dollars to equal one euro. The most widely traded currency pairs are, naturally enough, those involving the currencies that are most widely used worldwide – the US dollar (USD), the euro (EUR), the British pound (GBP), and the Japanese yen (JPY). Learning Forex Trading – Pips. Generally, the smallest fluctuation in an exchange rate between two currencies is called a “pip”. With most currency pairs, which are quoted to four decimal places, a pip equals 0.0001. The primary exception is Japanese yen currency pairs that are only quoted to two decimal places so that a pip equals 0.01. Many brokers now quote to five decimal places, with the last number signifying a fractional 110 th of a pip. The value of a pip depends on both the currency pair being traded and what lot size is traded. For one standard lot, a pip commonly equals $10 (US); trading mini-lots, a pip equals $1; and trading micro-lots, a pip equals 10 cents.

The value of a pip varies slightly depending on the currency pair being traded, but those figures are roughly accurate for all pairs. Advantages of Forex Trading – Leverage. One of the major attractions of forex trading is the unparalleled leverage that is available to forex traders. Leverage is the ability to hold a market position with only a fractional amount of the market value of the instrument being traded. This fractional required deposit amount to hold a trading position is known as “margin”. Leverage is expressed as a ratio that shows the amount of margin required by a broker to hold a position in the market. For example, 50:1 leverage means that a trader only needs to put up 2% of a trade’s total value to initiate a trade. Some brokers offer up to 1000:1 leverage. High amounts of leverage mean that forex traders can utilize a small amount of investment capital to realize sizeable gains. For example, with an investment of only around $10, trading micro-lots with 500:1 leverage, a trader can realize a profit of approximately $20 (or roughly double his investment) on just a 20-pip change in the exchange rate. Given that many currency pairs often have a daily trading range of 100 pips or more, it’s easy to see how traders can realize substantial gains from very small market movements, using minimal amounts of trading capital, thanks to leverage.

However, traders have to keep in mind that just as leverage magnifies profits, it also magnifies losses. So a trader might only commit $10 of his total trading capital to initiate a trade, but end up realizing a loss substantially greater than $10. Advantages of Forex Trading – Liquidity. The extremely high volume of trading that occurs in the forex market each trading day makes for correspondingly high levels of liquidity. High liquidity makes for low bid-ask spreads and allows traders to easily enter and exit trades throughout the trading day. The bid-ask spread on major currency pairs, such as GBPUSD, are typically much lower than the bid-ask spread on many stocks, which minimizes transaction costs for traders. For large institutional traders, such as banks, high liquidity enables them to trade large positions without causing large fluctuations in price that typically occur in markets with low liquidity. Again, that makes for lower total trading costs and thus larger net profits or smaller net losses. Higher liquidity is also considered by many traders to make markets more likely to trade in long-term trends that can more easily be analyzed with the use of charting and technical analysis. Advantages of Forex Trading – Volatility. As previously noted, many of the most widely traded currency pairs often have a daily trading range of up to 100 pips or more. This daily volatility makes for significant opportunities to realize profits simply within the range of price fluctuations that occur within a normal trading day. The advantage of volatility is enhanced by the fact that in forex trading it is just as easy to sell short as it is to buy long. There are no restrictions on short selling such as those that exist for trading stocks. A wide daily trading range, with equal opportunities to profit from both buying and selling, make the forex market very attractive to speculators in general and day traders in particular. Forex Trading Strategies – Fundamental Analysis.

There are two basic strategic approaches to forex trading – fundamental and technical. Fundamental analysis trading is generally more favored by long-term traders, those who buy (or sell) and hold a currency pair for an extended period of time. Fundamental analysis is analysis that is based on economic conditions, both within specific countries and globally. Throughout most trading days, various economic reports from the different countries in the world are released. The indications, positive or negative, coming from such reports are the main drivers of major changes in exchange rates between currency pairs. If, for example, several positive reports on the United Kingdom’s economy are issued within a three-month time frame, that is likely to increase the value of Gbp against other currencies such as the Eur and Usd. Among the most significant economic reports issued, those most likely to impact the currency markets, are gross domestic product (GDP), the consumer price index (CPI), the producer price index (PPI), various employment and consumer confidence reports, and the policy decisions of central banks. Fundamental analysis may also be based on global economic trends. For example, if the usage of cotton is rising worldwide, then the economies of countries that are major cotton producers can be expected to benefit, and the relative value of their currency may be expected to increase. Interest rates, which are set by a country’s central bank, are a major factor in determining the relative value of a currency.

If investors can realize significantly higher gains from money held in interest-bearing accounts in the United States than from interest-bearing accounts in other countries, then that makes the US dollar more attractive and therefore likely to increase in value relative to other currencies. Forex Trading Strategies – Technical Analysis. Many forex traders favor technical analysis in determining the trading positions they adopt. Technical analysis – analysis based on charts of price movements in a market, with the aid of various technical indicators – is generally favored by speculators and short-term or intraday traders, although long-term traders may also utilize technical analysis. Technical analysis is simply analysis that is based on past price movement and market behavior (such as volume or volatility), Technical indicators include trend indicators such as moving averages, and market strength, or momentum, indicators such as the relative strength indicator (RSI). A basic technical trading strategy might be something as simple as buying a currency pair when the priceexchange rate is above a 50-period moving average, and selling the pair when it is below the 50-period moving average. Some technical traders utilize a single technical indicator for trades, while others apply multiple technical indicators as trade indicators. For example, the simple technical trading strategy just outlined, using a moving average, might be combined with a momentum indicator such as the MACD, with trades only being initiated when both certain price levels and momentum levels exist. Technical traders analyze charts of varying time frames based on the trader’s individual trading time frame preference. Traders who make very quick, in-and-out of the market trades, may concentrate their analysis on a 5-minute, or even 1-minute time frame chart. Traders with a longer term trading time frames are more likely to apply technical analysis to hourly, 4-hour, or daily charts. The Forex Market – The Profit Opportunity Market.

The forex market is one of the most attractive markets for traders. Forex trading has exploded in popularity since retail trading by individual small investors became more readily available around the turn of the century. The ability to open a trading account with amounts as small as $50-$100, and the possibility of then turning such a small amount into millions within just the space of a few years, is an almost irresistible draw. However, the lure of “easy money” from forex trading can be deceptive. The fact is that the majority of forex traders lose money, and only a small percentage of traders are consistent winners in the currency trading market. The keys to success in forex trading include not just a good, sound trading strategy, but exceptional trading discipline, patience, and risk management. A number of super-successful forex traders have summed up the secret to their success as something like, “Just avoid taking big losses until you stumble into a huge winner. Most traders fail because they gamble away all their trading capital and don’t have any money left to trade with when a ‘million dollar’ trading opportunity finally comes around”. Corporate Finance Training. Advance your career in investment banking, private equity, FP&A, treasury, corporate development and other areas of corporate finance. Enroll in CFI’s Finance Courses to take your career to the next level! Learn step-by-step from professional Wall Street instructors today.

Currency Correlation. Daily Technical Analysis. The information on this site is not intended for use by, or for distribution to, any person in any country or jurisdiction, where such use or distribution would contravene the local law or regulation. EU Regulation :Deltastock AD is fully licensed and regulated under MiFID. The company is regulated and authorised by the Financial Supervision Commission (FSC), Bulgaria. Licence No: RG-03-0146. Your IP Address is 193.0.218.8 Copyright © 1998- 2018 Deltastock AD. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Forex trading resources. Forex trading is a speculative endeavor that requires knowledge, discipline, confidence, and proper money management skills. Developing a trading system matched to your trading style requires more than technical indicators and market analysis; it also requires mental and emotional discipline. Successful traders know the following to be true about trading: Know how to select the right markets and time frames.

Know when to enter and exit the market based upon a trading plan. Know when to adapt a trading plan to the fluctuations of the market. Know how to manage trading activity. Know how to handle the emotional aspect of trading. With this in mind, the goal of CompassFX is to equip traders with trading resources and tools similar to those used by professional traders and financial institutions. We offer specific trading tools and other resources to assist you in making better informed trading decisions and cultivate a greater level of confidence in your trading. These indispensable resources are available to CompassFX clients. Going the extra mile for Forex traders is simply part of what we do. We believe it's time for a Forex firm to take a stand for the average Forex trader. We believe in "leveling the playing field" and making Forex trading a more enjoyable experience. That is why we also offer free access to trade strategies, an economic calendar, an activity timetable, and daily commentary. Whatever your trade style, the CompassFX team believes you will enjoy trading with us. Best Forex Directory.

Forex Links is your source for Forex Resources and the Best Forex Directory . Forex Trading is like a puzzle where currency FX Traders are in a constant search for the missing pieces of information and Forex Signals. This can involve technical or fundamental factors, or a combination of FX factors. The goal of FX Links is to provide useful Forex links to all the Forex traders as Forex Resources . As a currency FX Trader you need to navigate the Forex market with accurate FX Trading information and Forex News. Learning Forex Signals requires specialized FX Resources. The Forex Database, Forex news, Forex Signals and Forex Chart Point categories all contain vital data for your analysis and are available here at FX Links in the Best Forex Directory . This is the Best Forex Directory and we encourage you to submit requests to add additional Forex Resources and FX Links to the site. To submit a link for consideration to be added to the Best Forex Directory , click on the Submit link and follow the instructions. If you have any questions or do not find a category that describes your site, please contact us for review and consideration as an addition to the EHIC Renew FX Resources . If you have found the FX Chart Points and Forex Resources beneficial to your FX Trading research and investments please tell your FX Trader Broker associates, post FX Links to your Blog and Tweet your findings to the world. As the Best Forex Directory we would love to have you spread the word on the Forex Database and Forex Chart Points that you found valuable! See also Binarymate - broker for US traders. 155 . wrayjustin Trading Pennies for Dollars FXMarketMaker Professional Trader Hot_Biscuits_ Models and Bottles spicy_pasta RichJG Financial Astrologer El_Huachinango MOD finance_student Prop Trader AutoModerator » the front page of the internet. and subscribe to one of thousands of communities.

3 , * Dannyboi93. Want to add to the discussion? – deleted 4 5 6 3 (3 ) –rsiddle Live Trader 2 3 4 3 (2 ) –gruberexn gooby plz 2 3 4 3 (10 ) – deleted 2 3 4 3 (3 ) –gruberexn gooby plz 1 2 3 3 (2 ) – deleted 4 5 6 3 (1 ) –Aluk123 -1 0 1 3 (5 ) – deleted 2 3 4 3 (4 ) – deleted 2 3 4 3 (3 ) – deleted 1 2 3 3 * (1 ) –yungoldie 2 3 4 3 (0 ) – deleted 1 2 3 3 (0 ) –masudhossain Seasoned Trader 0 1 2 3 (5 ) –TheRama 0 1 2 3 * (4 ) –masudhossain Seasoned Trader 0 1 2 3 (3 ) –TheRama -1 0 1 3 (2 ) –masudhossain Seasoned Trader 0 1 2 3 (1 ) –TheRama 0 1 2 3 (0 ) –Dananddog 0 1 2 3 (0 ) Reddit for iPhone Reddit for Android mobile website. , . © 2018 reddit . . REDDIT and the ALIEN Logo are registered trademarks of reddit inc. ? Rendered by PID 18234 on r2-app-077fee066a8739109 at 2018-08-26 12:42:15.481603+00:00 running b1939d2 country code: UA. Subscribe to my Podcast! Click any of the channels below! The Forex Trading Coach with Andrew Mitchem. “Creating Successful Forex Traders” Blueberry is a fantastic broker to trade through. I personally have an account with them. Their customer service is exceptional and they also excel with the speed of execution of trades and also they offer very tight spreads. Blueberry have the correct 5pm EST start of day charts, they offer the MT4 trading platform and are ASIC regulated. A broker I use myself. The option of the MT4 platform through an ECN broker using the raw Interbank ECN direct pricing. Trade in AUD, NZD, USD, JPY, GBP, EUR, CHF and SGD. Trade micro lots on all pairs. Mobile trading available.

ASIC regulated within Australia. One of my preferred MT4 brokers offering Straight Through Processing (STP) and a true 5 day week on the Daily (D1) charts. Trade in USD, AUD, NZD, GBP or EUR. Trade mini and micro lots on all pairs. Mobile trading available. ASIC regulated within Australia. A broker who I use myself. AxiTrader are based in Australia and are an ASIC regulated broker. They have fully segregated accounts and they also use the correct 5pm EST (New York) start of day charts. You can receive a $200 bonus when you open an account of $1,000 or more and mention "The Forex Trading Coach". How to open a demo account. The information on this site is not intended for use by, or for distribution to, any person in any country or jurisdiction, where such use or distribution would contravene the local law or regulation.

EU Regulation :Deltastock AD is fully licensed and regulated under MiFID. The company is regulated and authorised by the Financial Supervision Commission (FSC), Bulgaria. Licence No: RG-03-0146. Your IP Address is 193.0.218.8 Copyright © 1998- 2018 Deltastock AD. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Forex market, stock market, crypto, and general trading resources. Forex trading in the U. S. is not the same as in other countries. Although the forex market is decentralized, traders in the U. S. have more restrictions than those in off-shore countries. The forex trading environment in the U. S. is heavily regulated, and brokers have to adhere to strict guidelines. Several methods are available for analyzing the forex market with the intention of identifying profitable trading opportunities. And, combining the different approaches has been proved to be more beneficial in generating profits. The Psychology of Forex Trading. Trading psychology is a critical aspect of achieving success in the forex market. It deals with the emotional condition of a trader when entering and exiting trades, looking for potential trade opportunities, or carrying out other trading-related tasks.

Forex Sentiment Analysis. Forex sentiment refers to the overall feeling the market participants have about the performance of a currency pair. It is a useful way of gauging the feeling or tone of the market and then making appropriate trade decisions. Crypto-currency scams are a growing phenomenon after Binary scams. Crypto-currencies are becoming the new trendy phenomenon in the world of financial scams and naturally raise concerns. This April alone, the Vietnamese government shed light on what has been reported as a $658 million ICO fraud.. How to Choose Expert Advisor (Forex Robot) A forex robot or an expert advisor is a piece of computer software that automatically makes trading decisions on behalf of the trader. Forex robots are designed with inbuilt trading rules, which enable them to enter and exit trades without requiring the physical presence of a trader. Elliot Wave Theory in Forex Trading. The Elliot wave theory was developed by an experienced accountant named Ralph Nelson Elliot in the 1930s. After digging through decades of financial data, he discovered that the markets, which were thought to move in a disordered and unpredictable manner, actually didn’t. How Interest Rates Decisions Affect the Financial Markets.

Interest rates decisions are the most prominent factors that cause movements in the financial markets. Without changes in interest rates, trading in the financial markets could be boring and, maybe, less profitable. The last two months have been rough for major cryptocurrencies, and most of them ended up in the red. The information background has undoubtedly greatly contributed to this. Among other things, it’s worth mentioning the hacking of the Bithumb exchange – an event that knocked Bitcoin below the support trend line, which had been holding it back for more than three months. When it comes to asset allocation and changing the composition of an investment portfolio, investors are always left with one major question: which new instruments to add? We recommend pay attention to these 5 investment instruments, which can increase your portfolio profitability and improve its performance in 2018. Crypto-currency scams are a growing phenomenon after Binary scams. Crypto-currencies are becoming the new trendy phenomenon in the world of financial scams and naturally raise concerns. This April alone, the Vietnamese government shed light on what has been reported as a $658 million ICO fraud.. How to view and move between multiple charts in MetaTrader4. MT4 allows you to monitor multiple charts at once.

An advantage of viewing multiple charts is that you can quickly do timeframe analysis where you are viewing one pair but on different timeframes. How to load a chart template in MetaTrader 4. Whenever you open a chart, you do not have to load individual indicators and set chart specifications. You can just load a pre-saved template. When a template is loaded into a chart, the stored settings will be attached to the new chart just as they were saved. How to create a chart template in MetaTrader 4. A template is a set of chart window settings that can be saved and opened later for quick application to other charts. Some of the parameters that can be saved in a template are chart type, chart color, the attached expert advisor and its parameters, custom or default indicators with their settings, chart scale, and period separators. How to customize appearance of charts in MetaTrader4. To customize or change the appearance of charts, press F8 or right-click the chart, then select “Properties” as shown in the picture below. How to select different chart types in MetaTrader 4. There are three main chart types: bar charts, candlestick charts, and line charts. The bar chart is a type of chart that was mostly used by technical analysts before candlestick charts passed them in popularity… Forex Reviews and Ratings. Forex Performance Tests. Forex Trading Education and Community Forums. Forex Calendar and Tools. Trading FX or CFDs on leverage is high risk and your losses could exceed deposits.



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