Programming Made Simple for MT4 Forex Trading

With programming, Forex Trader can put their winning strategy into programming codes and run on MT4 trading platform to let the computer trades automatically. This is make possible using MQL or metaquotes languages to write and compile using metaeditor into executable ex files which are called expert advisor to run on MT4 trading account.

The programming is similar to C with declaration of variables, logic comparision and executing of files and functions.

Variables

MQL4 comes with various data types namely integer, Boolean, character, string, float, color and date & time. You can create local variable can using the standard declaration like int, double, string, etc. Related Coverage MT4 Expert Advisor For those who have never heard of mt4 expert advisor, it is a automated trading robot for a charting and trading program called Metatrader. Metatrader is a charting and trading program that you can analysis and trade with it. MT4 expert advisor means Metatrader 4 expert advisor. This type of auto trading script or robot supports the latest version of Metatrader.

Mt4 Forex Admirable ways to improve your success in business with MT4 Forex MT4 FOREX trading platform If you are interested in trading on the foreign exchange market, then you should start by finding out more information on the MT4 FOREX trading platform. While there are many companies out there that promise the best trading platform on the market, the truth is that not even half of them can deliver their promise. You need the best and Metatrader FOREX is indeed exactly what you need. Boons Of Mt4 Here are some of the boons of MT4. In Forex trading, one of the programs people find most useful to them is the MT4.For global variables, you have to declare the variables before int start(). To have your variable available and value retained after program ended, use static variable declaration by static int, static double, etc.

Standard Constants

It comes with many standard constant that you can use which is already predefine by the program. One of the most important standard constants are timeframe which comes with PERIOD_M1, PERIOD_M5, PERIOD_M15, PERIOD_M30, PERIOD_H1, PERIOD_H4, PERIOD_D1, PERIOD_W1 and PERIOD_MN1. This is useful in defining the currency chart to use for technical indicator trigger. Next is the OrderSend() function which uses trade operations constant OP_BUY, OP_SELL, OP_BUYLIMIT, OP_SELLLIMT, OP_BUTSTOP and OP_SELLSTOP which covers all the 6 different trade execution. The last importance standard constant is price related which is PRICE_CLOSE, PRICE_OPEN, PRICE_HIGH and PRICE_LOW which is often used in technical charting.

Predefined Variables

Ask, Bars, Bid, Close, Digits, High, Low, Open, Point and Time are widely use thru out the programming codes. When comparing currency price, Ask, Bid, Close, Open, High and Low are often called for operand operation. Bars is used when counting the number of bars in the selected currency chart. Point is the current symbol point value in the quote currency and Digits is the number after decimal point for the current symbol price. Both are used to compute stop loss, profit take, buy and sell price.

Account Information

This is a group of function which provided important information about your trading account and is used for computing trading lots and money management system including calculating of margin and balance. The often used function are AccountBalance, AccountFreeMargin, AccountLeverage, AccountMargin and AccountProfit. You need to input some margin requirement and usually I use minimum 200% margin requirement for max open lots using account leverage for maximum drawdown to avoid margin call.

Date and Time Functions

The widely used functions are DayOfWeek to get the Monday to Sunday of the date, Hour and minute for time and Seconds for looping. If your strategy is time constraint, meaning it only run during 2 to 4 am and only on Monday to Wednesday, this group of function is definitely the ones that you called to compare and execute codes.

Technical Indicators

This is the most important functions you be calling if you are using technical charting to execute trading rules. The common indicator that I used are iMA which is moving average simple/exponential/linear weighted calculation, iRSI which is Relative Strength Index, iMACD which is Moving Average Convergence/Diverage, iBands which is Bollinger Bands, iCCI which is Commodity Channel Index, iStochastic which is Stochastic Oscillator and iADX which is Movement Directional Index.

Trading Functions

This is required for any trading to be successful. The widely used trade function are OrderSend, OrderSelect, OrderClose and OrderModify. You may refer to MQL4 documentation for more information of the various functions. And refer to my website for more software offers with ready to use program codes. source.

Promoting Forex Affiliates Program Brings About Serious Money

If people are seeking ways to go around the search for hard money through easy way, then the forex affiliates would be an enticing factor. When the foreign currency business is being promoted, there is an associated factor that comes into light. The platforms and the different services that are available in them are to be promoted through the best possible means so that there are enough people who buy into these facilities.

Nowadays, the forex market is being visited by hundred thousands of people, who are keen on building a strong foundation in the forex arena. They want to have the benefits of the platforms and the different tools and indicators for their use, so that they can make enough money from their investments. This is because the indicators and tools allow people to have a better idea about the different trends and thereby make correct decisions regarding the point at which the money is to be put. This is making it possible for people to bring about better returns.

But, the platforms are not able to promote these products to every potential customer. Therefore, they are seeking the help of such websites which can help in the promotion activities by putting the services and products on display on behalf of the platforms. They are taking care to promote the products in the best possible way by having a website and publishing articles, putting up photos, charts and doing many other things. For every customer who visits or buys products from the platform through the forex affiliates, the websites get a commission which is quite substantial.

There are many such opportunities that can be taken up by the portals so that they can put up a good show in the affiliate front and keep on earning money through such forex affiliates program. This is not very difficult thing to be done except that people need to have website and understand the promotion methods on the online portals. With a little knowledge of internet promotion, one will be able to direct a number of customers to the parent site, so that the amount received in commissions is quite huge these days. Such earnings are easy when done through the internet and can amount to big amounts.

Those who are interested for earning money through the forex affiliates program will have many avenues to do so, with the minimum investments of their own. A bit of hard work is sufficient to ensure that people have a good income. This money is attractive enough for enticing many websites to become forex affiliates so that they are able to promote the different indicators and tools through the portals. The better the promotion and the traffic, the better are the chances of being noticed by the customers and thereby more profits from this form of forex business. Posted by Forex articles and reviews online.

Forging Forex Partnership Through the Affiliate Programme

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Interest Rate and Forex Trading

Let’s start by talking about borrowing money from the bank. You went to a local bank A and borrow $100 in your country currency as say its United State Dollars. This bank A charge you 5% interest yearly. Your friend goes to another bank B and borrows $100 United State Dollar at 2% interest yearly. So if you want to borrow another $100 and your friend lend it to you at 5% interest (he took loan $100 from another bank). By simple calculation, your friend is effectively earning 3% interest. (5%-2%=3%). If you hold on to this for 1 year, you are carrying over your trades over a year and yield you 3% interest rate on the principle amount.

Sound similar to carry trade?

Imagine your friend is the broker. Related Coverage Forex Trading – Understanding Rollovers And Rates Of Interest Examining open interest on forex futures might help you affirm the strength of a trend in foreign exchange market sentiment. Forex Trading System - Overnight Interest Now we will learn about the Overnight Interest in the forex trading which is also often called as an Swap or the premium interest. Here we will learn how to do the correct calculations. Forex Trading If interested in exploring the forex trading market, there are several ways to learn more.

Forex Spot Rate Forex Trading Course Online FAP turbo has the ability to conduct trades 24 hours a day and seven days a week without requiring human assistance. It has been said that FAP Turbo has the capability to double your initial investmen...You put money into your trading account instead of borrowing from banks, your broker account will reflect $100 (assume the earlier example, you put in $100.) and this is in United State Dollars. Since you are holding currency in your trading account, it is incurring interest from the government that issue that currency. Eg United state is giving 2% interest. On the other hand Japan Yen is giving 0.5% interest. So if you borrow Japan Yen to buy equivalent United State Dollar, you will gain 1.5% interest yield every year. (Or use United State Dollar to Sell Japan Yen.)

So total how much you will earn?

Assume you use $100,000 and use it on the carry trade between United State Dollar and Japan Yen, giving you 1.5% yearly, which work out to be $1,500. If your trading account is using 100:1 leverage, you are effectively using your original $100,000 to buy and hold $10 million, which give you $150k a year. This work out to be 150% Return On Investment.

Can this work in real life?

Of course there are few factors to consider before your 150% Return On Investment can be realized. Avoid margin call, the currency fluctuation and the exchange rate between United State Dollar and Japan Yen. Let’s start by taking the positive direction, the exchange rate is rising for (assuming you get 5% more Japan Yen if you sell), the currency fluctuation is at minimum of near 0% drawdown and no margin call. You can earn $150k + $500k = $650k about 650% Return On Investment.

But this is always not the case

The currency rate went down (assuming you get 1% less Japan Yen if you sell). The currency fluctuated 1% drawdown. You earn $150k - $100k  = $50k. but before you can realized your profit of 50K, you are hit will margin call of 1% ($100k) and your trade are call out within a week, which leaves you almost zero. And I mean zero dollars. Now you see the risk of forex trading using leverage. Of course I simplified a lot of the calculation and conversion. But it is enough to make you understand the basic of carry trade and interest rate.

My recommendation

Always take charge by calculating money management into every trade you execute. Keep it to 10% of your capital. For the earlier example, you should only use $20K to buy $1 million forex currency which potentially could yield profit of $65k or loss $35k (assume drop of 5% with 1.5% interest difference on the carry trade).

Which currency then?

There no recommended currencies to buy, but you have to look out for currency with the highest interest rate, currency with the lowest interest rate and a trending up exchange rate when you sell back. (buy low, sell high). Always remember to use money management calculation (assume 10% of your capital with 100:1 leverage). source.

My Honest Review on FX Childs Play System

FX Childs Play System is becoming probably the most popular forex currency trading programs in all of world, In this report on FX Childs Play System I'll attempt to answer the most basic question about it: Can it go a long way?

Properly, as with any automated trading tool, you will find market conditions, especially when the market is rising and falling, that trading programs might be vulnerable. Still as these fluctuations are usually few and far between it is advisable to explore any kind of tool over a period of time to find the true image.

FX Childs Play System Best forex robot is an engineered product to assist you with your share business that ensures people profits greater than $30, 000 inside a short period of three months. This system does not feature any money making techniques or products that will assist you rich immediately but does expose you to all those legitimate and fair techniques of functioning through the shares and stocks and shares.

Since not many individuals are aware of this site they are not capable of enjoy the advantages of this website. We now have used this product for more than 4 months now and they are completely satisfied using the results and simply from the incoming cash. There are two amounts of risk that the customer can choose from when functioning through this website. All of us decided to go for your low risk for temporary option currently known to provide great and steady outcomes.

Whenever we come to evaluation Fx childs play system we have 4 requirements to put into practice:

1) Reviews by Forex specialists - Many Forex traders as well as experts wrote glowing reviews of the program. This really is in fact incredible it probably is so popular: individuals just heard about it through all over that they needed to give it a try.

2) Back test results - These were conducted meticulously and also 9 year worth of information (which can be quite long). The software program managed to produce impressive profits over those 9 many years.

3) Real time testing - These are tests that are conducted on real-time trading balances. FX Childs Play System was operate on 3 separate accounts and also studies over time. Once again,

4) Customer testimonials - This is exactly what many people think about to be the most significant criteria of most. There is small doubt that many Fx traders find FX Childs Play System to become profitable. There are lots of testimonials of folks that tell of the way they profited applying this automatic tool to create easy profits with small work.

The only real drawback with this career is that it needs a lot of time spent and not later that kind of period available. It also needs you to be update using the current market circumstances. However if you are nevertheless interested in making it large in this business after that FX Childs Play System Forex Robot can there be for your assist. Posted by Forex articles and reviews online.

Knowing More About Forex Affiliate Forums for Creating a Better Business

The potential to have a partnership and business deal with the forex market is possible through the participation in the forex affiliate forums where people can create better business avenues. The forex market is a huge arena, where people come to put their money and earn huge amounts of profits. This is one of the established ways to be a part of the forex market.

Another possibility that is being seen nowadays is about becoming an affiliate with the forex platforms. And to make the most of this opportunity, the forex affiliate program reviews should be understood because they tell a lot about the requirements of being a successful affiliate. Forex business is extending beyond the realms of being an investor only.

There are various indicators and tools that are required for making the investments. People can work through this system to help in the buying of these tools and indicators by companies or by individuals. These are considered necessary nowadays because they help people in making a decision regarding the points at which the investments are to be made. They help in understanding the trends of the forex market, which is essential if people are to put their money at the right place.
The need to have the right indicators is being seen as the driving force for the upcoming affiliates. Therefore the websites which are interested in becoming affiliate partners need to pick up the best platforms, whose services and products are liked by people and are productive. For this, they will have to go through various forex affiliate program reviews so that there is sufficient amount of data regarding their efficiency and their effectiveness.

The reviews are provided by people who have experience in dealing with the platforms and from many other sources which tell about the facilities that one can get in the platforms. These also tell about the types of indicators and tools that are effective so that people can choose those platforms for promotion in their portals, which have a high selling potential. The forex affiliate forums talk about the different ways in which one can go about this particular kind of business. The forums are a means to know about the best selling indicators and tools and the best platforms which provide services that would be liked by people.

Being a part of the forex affiliate forums is something that will benefit the affiliates hugely because the forums give a lot of indications about their effectiveness. People who are interested to earn good commission by becoming affiliates need to go through the forex affiliate program reviews and then decide to take up the programs. There are plenty of forums and review sites which provide such information and going through them will only help in establishing a better business venture. Posted by Forex articles and reviews online.

Ichimoku Principles at a Glance

As with any tool, the ichimoku chart system is designed to make your life a little easier and hopefully a little more profitable. Everyone knows that trading is a numbers game and that ratios and probability play a key role in ensuring that everything is in order.

The problem with any trading, forex included is that your goal is to find which trades make more sense profitability wise. This is exactly where ichimoku proves itself. As a system, it is extremely visual and therefore much easier to read. Even though traders are required to like and be good with numbers not everyone is. This particular charting system gives traders the opportunity to shrink the numbers versus logic balance a little more because of the fact that it is a visual system.

There are five basic principles when it comes to understanding ichimoku. Related Coverage Basic Bedroom Decorating Ideas At a Glance A nice design in your bedroom is a welcome addition to the general charm of your home. You bedroom can even be the most important part because it's where you spend time to relax and communicate with yourself, whether at the beginning of the day before you set out into the world or as you retreat back into it after surviving another battle at work. If you want your bedroom to be your true sanctuary, you should have it provide you the best environment for an unwinding and getting peaceful sleep.

Remember that in this room, you let your guard down and allow yourself to be the bare and simple soul that you are inside. Don't spoil those rare moments. Shopping At A Glance The reason behind it is the fast emerging awareness of the Internet and the facilities growing of almost all the things. Recruitment At a glance Professional recruitment entails the process of attracting, screening, and selecting a qualified person for a job, particularly for senior recruitment. Spain at a Glance Spain is a European country and one of the largest in the continent.To the untrained eye, the chart may look extremely complicated but it isn't. With these five principles, you will find it much easier to understand the chart.

The first principle states that any prices that directly intersect with the ichimoku trend line shows a potential change to prices.

Secondly, any prices that run much farther from the trend line can be a potential indication of overbuying or overselling.

One of the lines in an ichimoku chart is called the chikou span. According to the ichimoku principle, if any prices start to cut into this, there is likely to be some sort of resistance is price. It can also indicate support.

Since the trend line is meant to show trends, anomalies can be a sign or indication for you to put an additional stop loss measure in place so that you know when to reap your profits.

Finally, know when to stop. You must have a clear plan or defined profit to understand when you have to move to another more profitable currency. Understanding and putting these ichimoku principles in place will make your forex trading much easier. source.

Why to invest in Forex than anything else?

The forex market, or foreign exchange market, is a financial market where the international traders unite to earn their livings through the difference in buying and selling foreign exchange rates. Stock markets and local forex markets around the world host trading of foreign currency between different traders regardless of the time constraints. They allow the traders to trade any time in weekdays but no trade on the weekends.

These markets are permitted to define the comparative values of different currencies. Investors around the globe are attracted towards forex trading as they are familiar with forex rates and find it interesting to trade in the common commodity of currency. The various advantages of forex trading make the investors more attractive than any other trade such as commodity trade and stock market trade. The advantages are defined one after another that makes the people to choose forex trade as their primary source of livelihood.

You can invest as low as you like

The forex trade unlike other trades does not need heavy investments. It's about trading your invested amount of currency with other currencies. All you do is buying and selling other country's currency through your currency. The more you invest the more you trade and the more you earn. But with little capital still you can initialize a small business and can expand further by investing the same money that you have earned in the forex market. The foreign exchange rates let you choose the currency where you can invest small amount of capital.

Secondly the forex market bears no broker fees so what you earn will be your home-take-away profit. The profit you earn will not need any deduction in terms of broker's fee or commission. The forex market gives you the opportunity to start earning with low equity. The 24 hours service further equip the beginners to trade any time and learn from their dealings first on small level and then move forward.

 How to Earn More Profit?

The fact of risk and reward is present in every trade and business activity. Same is the case with forex trading. It has the potential of gaining more profits along with the risk. The risk of forex can be minimized with intellectual knowledge of currency exchange rates. As compared to the investors of a stock exchange, where the share price is dependent on various factors and the speculation becomes tough to decide which share to buy and which share to sell, the forex market benefits the trader to speculate easily a rise or fall in the live rates and trade effectively to earn a reasonable return. Doing business in forex is a very liquid option as it is famous for its liquidity which means you have a greater control on your funds. You can trade, earn and get paid soon.

Forex trade is free from insider dealing

Insider dealing is a term referred to the crime to the criminal act of utilizing insider information of an organization in its financial matters. For example, mostly the upper management of a corporate sector is aware of the company's status they may share the confidential information with family or friends who may benefit in either timely buying or selling its share at stock exchange. But the forex trade is free from insider dealing as it deals with the live currency rates and not with the companies or corporations. As information about currency is available publicly and no information is kept inside to a group of people or individuals. The live rates are displayed at the market and nothing is left hidden from the traders, investors or general public. Posted by Forex articles and reviews online.

Merchant Cash Advance, Easier than a Loan

A merchant cash advance is a cash payment to a business in exchange for an agreed upon percentage of future credit and/or debit card sales.  This relatively new industry provides business owners quick access to capital coupled with benefits not see with traditional loans.  Many merchant accounts are now providing merchant cash advance options.

It's not a loan

Most merchant cash advance companies point out that advances are not loans.  Basically, this type of cash advance is a purchase of future sales.  Merchant cash advances are not bound by laws that regulate lenders or limit interest rates.  There isn't a required regular fixed payment.  Instead the provider collects a percentage of the merchant's daily credit or debit card sales until the advance and premium are recovered.  Typically, the advance and premium are recovered in fewer than 12 months.  The benefits of this type of cash advance process are that the amount paid back to the provider varies with cash flow.  So a slower month means less money going back to the provider.

This differs from a traditional loan where there is a firm date as to when the loan plus interest has to be paid and there are fixed payments that need to be made on a fixed schedule. A merchant cash advance has no due date or fixed payment.  While this type of cash advance is good for businesses that have strong credit-card sales but might not qualify for traditional loans because of bad credit or little collateral. 

Benefits of a merchant cash advance

1.      Collateral and credit do not matter.  A merchant cash advance is simply a transaction and therefore stays off of the business credit report.  Merchants who get a cash advance avoid the risk of losing collateral, a common situation with a commercial loan if the loan is defaulted.

2.      Application and collection process are easy.  A cash provider only looks at two criteria: monthly credit card returns and how the long the business has been operating.  Minimums for these criteria are typically $5000 in monthly credit card sales and nine months in business. 

3.      Access to cash is quick.  The little paperwork equals a fast turnaround.  In fact, it can happen in as little as a week.  Having instant access is an important asset to a business if immediate funding is needed. 

4.      Approval rating is high.  Because a merchant cash advance is based on actual business performance and not credit it's much easier to qualify for money.  Any stable business will most likely qualify and the amount depends upon average monthly revenue.

5.      Collections are revenue-based.  The advance provider only gets paid when the business gets paid.  In slow months, the provider only gets a little, in bigger months, the provider gets paid more.  Often, this is easier for a business to manage compared to fixed monthly payments with a firm end date. 

Merchant cash advances offer obvious benefits for businesses who cannot afford traditional loans or businesses who need quick access to extra cash. Posted by Forex articles and reviews online.

Taking Advantage of the Forex Affiliate Program for Financial Benefits

Undoubtedly, the forex market has been one of the beneficial arenas for making money, but the introduction of forex affiliate program has opened further avenues in the forex business. The market of foreign exchange is quite huge and is looking at billions in dollars of financial transactions. But, apart from the money that is transacted for the currencies, there are many more things that are possible nowadays with the forex and one of the major avenues has been the forex affiliate programs where plenty of money is possible to be made.

This program is being introduced by the platforms where the forex trading is going on. It is given to interested parties who can maintain a website and bring out responses in the forex trading by making the facilities known to the potential customers. People who are involved in the forex affiliate program need to have a website of their own, where they can market the products of the platforms related to forex trading. The initial thing to be done is to advertise about the platforms or forex market brokers. This is done by putting up banners, publishing articles and assessing reviews. But the work should be pertaining to the original website.

Links can be posted for different aspects which will take the visitors to the parent site where they can buy the indicators and tools or can become members of the platforms. Such affiliate sites are only a medium for the customers to reach the brokering agencies or platforms and they do not provide these facilities on their own. They only promote the products and services and the different facilities and the rest of it is handled by the platforms themselves. The more the number of customers the affiliates is able to direct to the portal, the better will be the earnings in form of commissions for each customer.

The affiliate programs allow the affiliate sites to promote the services of the platforms and also tell about the different indicators and tools that can be availed. Since these are a kind of software, one can buy the software and integrate it within the forex trading account. The demand for such forex affiliate programs is increasing in the present scenario where more and more people are becoming aware of the prospects of forex business.

The number of people interested for trading is gradually increasing which makes the forex business prospective. The affiliates can earn a good amount of commission if they are able to bring about a change in the sale of the different promoted items. With a low amount of investment, the profits can be quite good for the affiliates which are a motivating factor for the affiliates to become part of the forex affiliate programs that are being proposed by the forex platforms and brokerage sites. Posted by Forex articles and reviews online.

Hоw Tо Start Trading Thе Forex Market?

Wh?t I? FOREX ?r FOREX MARKET? PART I

Th? Foreign Exchange market (also referred t? ?? th? Forex ?r FX market) ?? th? largest financial market ?n th? world, w?th ?v?r $1.5 trillion changing hands ?v?r? day.

Th?t ?? larger th?n ?ll US equity ?nd Treasury markets combined!

Unl?k? ?th?r financial markets th?t operate ?t ? centralized location (i.e. stock exchange), th? worldwide Forex market h?? n? central location. It ?? ? global electronic network ?f banks, financial institutions ?nd individual traders, ?ll involved ?n th? buying ?nd selling ?f national currencies. An?th?r major feature ?f th? Forex market ?? th?t ?t operates 24 hours ? day, ??rr????nd?ng t? th? opening ?nd closing ?f financial centers ?n countries ?ll ??r??? th? world, starting ???h day ?n Sydney, th?n Tokyo, London ?nd N?w York. At ?n? time, ?n ?n? location, th?r? ?r? buyers ?nd sellers, making th? Forex market th? m??t liquid market ?n th? world.

Traditionally, access t? th? Forex market h?? b??n m?d? ?v??l?bl? ?nl? t? banks ?nd ?th?r large financial institutions. W?th advances ?n technology ?v?r th? years, however, th? Forex market ?? n?w ?v??l?bl? t? everybody, fr?m banks t? money managers t? individual traders trading retail accounts. Th? time t? g?t involved ?n th?? exciting, global market h?? n?v?r b??n b?tt?r th?n now. Open ?n account ?nd b???m? ?n active player ?n th? largest market ?n th? planet.

Th? Forex Market ?? v?r? d?ff?r?nt th?n trading currencies ?n th? futures market, ?nd ? lot easier, th?n trading stocks ?r commodities.

Wh?th?r ??u ?r? aware ?f ?t ?r not, ??u ?lr??d? play ? role ?n th? Forex market. Th? simple fact th?t ??u h?v? money ?n ??ur pocket m?k?? ??u ?n investor ?n currency, ??rt??ul?rl? ?n th? US Dollar. B? holding US Dollars, ??u h?v? elected n?t t? hold th? currencies ?f ?th?r nations. Y?ur purchases ?f stocks, bonds ?r ?th?r investments, ?l?ng w?th money deposited ?n ??ur bank account, represent investments th?t rely heavily ?n th? integrity ?f th? v?lu? ?f th??r denominated currency th? US Dollar. Due t? th? changing v?lu? ?f th? US Dollar ?nd th? resulting fluctuations ?n exchange rates, ??ur investments m?? change ?n value, affecting ??ur ?v?r?ll financial status. W?th th?? ?n mind, ?t ?h?uld b? n? surprise th?t m?n? investors h?v? t?k?n advantage ?f th? fluctuation ?n Exchange Rates, u??ng th? volatility ?f th? Foreign Exchange market ?? ? w?? t? increase th??r capital.

Example: suppose ??u h?d $1000 ?nd bought Euros wh?n th? exchange rate w?? 1.50 Euros t? th? dollar. Y?u w?uld th?n h?v? 1500 Euros. If th? v?lu? ?f Euros ?g??n?t th? US dollar increased th?n ??u w?uld sell (exchange) ??ur Euros f?r dollars ?nd h?v? m?r? dollars th?n ??u started with.

Example:

Y?u m?ght ??? th? following:

EUR/USD l??t trade 1.5000 means On? Euro ?? worth $1.50 US dollars.

Th? f?r?t currency (in th?? example, th? EURO) ?? referred t? ?? th? base currency ?nd th? ????nd (/USD) ?? th? counter ?r quote currency.

Th? FOREX plays ? vital role ?n th? world economy ?nd th?r? w?ll ?lw??? b? ? tremendous n??d f?r th? exchange ?f currencies. International trade increases ?? technology ?nd communication increases. A? long ?? th?r? ?? international trade, th?r? w?ll b? ? FOREX market. Th? FX market h?? t? exist ?? ? country l?k? Germany ??n sell products ?n th? United States ?nd b? ?bl? t? receive Euros ?n exchange f?r US Dollar.

RISK WARNING:

Risks ?f currency trading

Margined currency trading ?? ?n extremely risky form ?f investment ?nd ?? ?nl? suitable f?r individuals ?nd institutions capable ?f handling th? potential losses ?t entails. An account w?th ?n broker ?ll?w? ??u t? trade foreign currencies ?n ? highly leveraged basis (up t? ?b?ut 400 times ??ur account equity).The funds ?n ?n account th?t ?? trading ?t maximum leverage m?? b? completely lost ?f th? position(s) held ?n th? account experiences ?v?n ? ?n? percent swing ?n value. G?v?n th? possibility ?f losing one's entire investment, speculation ?n th? foreign exchange market ?h?uld ?nl? b? conducted w?th risk capital funds that, ?f lost, w?ll n?t significantly affect th? investors financial well-being. Posted by Forex articles and reviews online.

Forex Trading, Things a Trader Should Know

Forex trading is now considered as a common primary profession among youngsters. There are many graduates who move to currency trades soon after leaving the college. Although forex market holds good chances of profiting opportunities it is also not devoid of risks and losses. Starting the trading career without much leaning about the market and its swings can cause serious problems to the trader and in the worse cases it can end his career. So here are some things a FX trader should know.

Market terminology: This start from the common market terminologies like long and short to some currency specific terms and jargons like greenback, loonie, cable, ninja and chunnel. Although many of these terms do not show up in day-to-day dealings they are widely used in market commentary and reviews and are often vastly quoted in news, articles, shows, etc. So knowing them can give you a better understanding of the market and the system.
Awareness of different strategies: Knowing different strategies help you in almost the same way as market terminology.  You can easily understand what your options are on a particular situation. This also helps you in improvisation and risk minimization. More over following a single trading strategy can cause problems with profitability and sustainability.

Demo trading experience: Simulated trading experience on real-life trading software is one of the best trading experiences one can have without risking money. Today most online currency brokers offer free demo trading accounts on their actual trading system. This is a perfect opportunity for starters to test their proposed strategies and skills. Although you can feel free to test some most complex strategies to get high proposed returns, it is better to test simple and good real-life strategies that you are actually planning to execute with all proper precautions and risk minimizing efforts.

Market movement patterns: These include realizing the relationship of currency pairs with others. As all the word nations have strong inter-trade and political relationships, the swings of one currency pair can result in positive or negative change of other currency pair. That is why often news about a country triggers up or down movement of a currency pair that includes some other nation's currency.

Awareness of fundamental and technical analysis tools: Both fundamental and technical indicators are very important in trading as you are trading based on them. If you can lean the situation quickly and can find or explore specific chart patterns, pivot points etc, that adds to your profitability. More over in most trades the opportunity most favors the ones who utilize that faster than others. Posted by Forex articles and reviews online.

Greece expresses concern € price below the mark of $ 1.30

Greece expresses concern € price below the mark of $ 1.30

Euro-News:

The high level of political uncertainty in Greece has the value of the euro ( dollar down) on Wednesday under the mark of 1.30 U.S. dollars. The European single currency was last traded in New York with U.S. $ 1.29455. The European Central Bank (ECB) had been on the exchange rate 1.2950 (Tuesday: 1.3025) U.S. dollars set. The dollar cost to 0.7722 (0.7678) €. In Asian trading, the euro had not traded above the mark of 1.30 dollars.

“The difficult situation in Greece is the euro heavily loaded,” said Thomas Amend, currency expert at the bank HSBC Trinkaus. Related Coverage Real Below Wholesale Laptops Use holiday graphics on your web site, order, and product pages. This gives your pages a comfy vacation feel and gets customers in the "mood" for holiday searching once they visit your site. It is a known truth that many businessmen can rise from the once effects of liquidation and is ready to succeed by using the teachings learned throughout the method of liquidation. Greece Vacations Going on holiday or vacation is one of the most anticipated events of the year. If you are planning your next trip why not consider Greece.

Greece is famous for hosting the Olympics, but they also have many other things to offer visitors, including science, drama, philosophy, and art. Fifteen million tourists take a Greece vacation every single year. Cars below Rs 5 lakh price range Indian auto market is one of the fastest growing in world and all segment cars are available here. Along with domestic auto makers, popular overseas car makers are selling their popular small cars in India. Discover Delphi Greece DELPHI ON GOD'S FOOTPRINTS Welcome to "The Navel of the World", to Delphi. One of the most important tourist destinations in the world which every year attracts more than 2.000.000 visitors.

An historic place which has been announced by UNESCO as a place of Worldwide Cultural Heritage.Since the elections, the proponents of negotiated austerity package with international creditors no longer a majority in parliament. “A successful formation of a government is not expected in the markets,” said Amend. The European equity markets and bond markets in the Euro-crisis countries were mid-week under great pressure. More and more experts are expecting a withdrawal of Greece from the monetary union.

Meanwhile, Greece was given the commitment of €-crisis fund EFSF to maintain despite the uncertainty over the future government of the next international aid payment. Of the loan installment of 5.2 billion euros to 4.2 billion euros already paid tomorrow, Thursday. Published On: Thu, May 10th, 2012Forex newsGreece expresses concern € price below the mark of $ 1.30 

Euro-News:

The high level of political uncertainty in Greece has the value of the euro ( dollar down) on Wednesday under the mark of 1.30 U.S. dollars. The European single currency was last traded in New York with U.S. $ 1.29455. The European Central Bank (ECB) had been on the exchange rate 1.2950 (Tuesday: 1.3025) U.S. dollars set. The dollar cost to 0.7722 (0.7678) €. In Asian trading, the euro had not traded above the mark of 1.30 dollars.

“The difficult situation in Greece is the euro heavily loaded,” said Thomas Amend, currency expert at the bank HSBC Trinkaus. Since the elections, the proponents of negotiated austerity package with international creditors no longer a majority in parliament. “A successful formation of a government is not expected in the markets,” said Amend. The European equity markets and bond markets in the Euro-crisis countries were mid-week under great pressure. More and more experts are expecting a withdrawal of Greece from the monetary union.

Meanwhile, Greece was given the commitment of €-crisis fund EFSF to maintain despite the uncertainty over the future government of the next international aid payment. Of the loan installment of 5.2 billion euros to 4.2 billion euros already paid tomorrow, Thursday. source.

5 habits for successful automated fx trading

Habit 1# Keep a trading journal

Always have a good practice to keep a trading diary of your trades into a journal. This is particular useful for checking and referring of old trades in the future. You also be able to pick up common mistakes that you may find. Things to take note in a trading journal are date, time, currency, lots size, price, timeframe and target profit and stop loss. Do write down some notes on what causes you to trigger the buy or sell trade. It is due to technical indicator or fundamental news. And also write down what determine your stop loss and profit take pips.

Habit 2# Review your closed trades

After every trade, do some review on your trades. Related Coverage Fx Trading Demystified Forex involves the investing of currencies. It is the greatest money market in the world and contains around each day rotation of 1.9 trillion dollars. This renouvellement is larger than most of the world's stock exchange in any given day. Broker Forex Mini Trading Forex Strategies - Consideration Of Diverse Fx Trading Strategies In Automated Robots A forex trading software involves no guesswork and has the advantage of eliminating human error. With the best award winning forex robots you can make investments in forex without understanding the co...

Automated Expert Trading Forex Software Foreign exchange enables many persons worldwide to a earn high income working just 30 minutes per day. The foreign exchange market is very rewarding, but in addition it is very costly. On a daily basis we hear the sad testimonies from traders, who lost their outstanding earnings because there wasn't adequate strategizing with the currency trading market.The automated expert trading forex can help you strategize your way into the FX market. FX Trading for Beginners While trading in the forex market isn’t easy, it isn’t necessary that you’ve got to stay glued to your computer screen and immerse yourself in trading books to understand trading patterns in the forex market.

Try to answer all questions to why you win or loss that trade. And put up a mistake column and highlight it in another colour. This will warn you not to repeat the same mistake again. Another review is on your winning trade. Put up another colour to indicate that this set of trigger works for this currency. Especially if you are using technical indicator like moving average or oscillator, always mark out or highlights those triggers that give profitable winning trades. You may want to automate those winning strategy later on.

Habit 3# Understand what happen before you execute your trade

This is very important as every trade you entered is due to some situation or certain set of rules are true then you execute the buy or sell trade. A lot more information has to be capture if you are using multi time frame and many technical indicators. For losing trade, always look at why your set of rules fail, any fundamental news within the last 24 hours and other technical indicator which you may have used that can help you to strengthen the rules for executing this particular trade.

Habit 4# Trade when you are not emotional

Trading has to be consistent and not affected by one’s emotional feeling. When you are not ready or not in the mood to do anything, then do not perform any Forex trading neither do you not perform any analysis of charts. Go take a break, short nap or relax by exercising, calm down your mental state then start Forex trading. You need to look at statistics and charts to determine your trade and not let emotion destroy your set of rules. With an unstable state of mind, many analysis can go wrong and causes losing trades.

Habit 5# Try paper trading your strategy first

Paper trading is always important for any new strategy. You need to test your new set of rules first by trading paper money using old historical price data. This is as close as real trading results you can get. Another way to speed up this lengthy process is using MT4 strategy tester using programming codes for your trading strategy. While this may not be reflecting real time trading, but it is a good guide to determine if your trading strategy is profitable or not.

You may wan to explore into MT4 trading platform and programming codes for trading strategy call expert advisor. Do visit bestforexranking dot com for more information. source.

Hоw Tо Start Trading Thе Forex Market? (Part 5)

Wh?t ?r? PIPS?

Currencies ?r? traded ?n ? price/ point (pip) system. E??h currency pair h?? ?t? ?wn pip value.

Wh?n ??u ??? ? FOREX price quote, you'll ??? ??m?th?ng listed l?k? this: EUR/USD 1.2210/13.

Explanation:

a) If ??u w?nt t? BUY th? EUR/USD ( meaning ??u BUY EUROS ?nd SELL US$ ) ??u buy 100,000 EUROS ?nd ??u SELL 122,130 US$, ?r ?n ?th?r words ??u receive 122,130 US$ f?r 100,000 EUROS.

B) If ??u w?nt t? SELL th? EUR/USD (meaning ??u SELL EUROS ?nd BUY US$) ??u buy 122,100 US$ ?nd sell 100,000 EUROS, ?r ?n ?th?r words ??u receive 100,000 EUROS f?r 122,100 US$.

Th? difference b?tw??n th? bid ?nd th? ??k price ?? referred t? ?? th? spread. In th? ?x?m?l? above, th? spread ?? 3 ?r 3 pips.

S?n?? th? US dollar ?? th? centerpiece ?f th? FOREX market, ?t ?? n?rm?ll? considered th? 'base' currency f?r quotes. In th? "Majors", th?? includes USD/JPY, USD/CHF ?nd USD/CAD. F?r th??? currencies ?nd m?n? others, quotes ?r? expressed ?? ? unit ?f $1 USD ??r th? ????nd currency quoted ?n th? pair.

F?r ?x?m?l? ? quote ?f USD/CHF 1.3000 means th?t fore ?n? U.S. dollar ??u receive 1.30 Swiss Francs. ?r ?n ?th?r words, ??u receive 1.30 Swiss Franc f?r ???h 1 US$.

Wh?n th? U.S. dollar ?? th? base unit ?nd ? currency quote g??? up, ?t means th? dollar h?? appreciated ?n v?lu? ?nd th? ?th?r currency h?? weakened. If th? USD/CHF quote ?b?v? increases t? 1.3050 th? dollar ?? stronger b???u?? ?t w?ll n?w buy m?r? Swiss Franc th?n before.

Th? thr?? exceptions t? th?? rule ?r? th? British pound (GBP), th? Australian dollar (AUD) ?nd th? Euro (EUR). In th??? cases, ??u m?ght ??? ? quote ?u?h ?? EUR/USD 1.2080, meaning th?t f?r EURO ??u receive 1.2080 U.S. Dollars.

In th??? thr?? currency pairs, wh?r? th? U.S. dollar ?? n?t th? base rate, ? rising quote means ? weakening dollar, ?? ?t n?w takes m?r? U.S. dollars t? equal ?n? Euro, British pound ?r ?n Australian dollar.

In ?th?r words, ?f ? currency quote g??? higher, th?t increases th? v?lu? ?f th? base currency. A l?w?r quote means th? base currency ?? weakening.

Currency pairs th?t d? n?t involve th? U.S. dollar ?r? called cross currencies, but th? calculation ?? th? same. F?r example, ? quote ?f EUR/JPY 134.50 signifies th?t ?n? Euro ?? equal t? 134.50 Japanese yen.

HOW TO BUY (g??ng LONG)and SELL (g??ng SHORT) ?n th? FOREX Market?

K??? ?n mind 2 v?r? important rules:

RULE #1) Cut ??ur LOOSING trades ?nd l?t ??ur WINNING trades RUN

YOU WILL HAVE LOSING TRADES. Ev?r? FOREX trader has. Th? secret is, th?t ? consistent, disciplined trader, ?t th? ?nd ?f th? day, adds u? m?r? winning trades th?n losing trades.

Wh?n ??u ?nd ??? ?n ??ur charts, w?th?ut ?n? doubt, th?t ??u ?r? ?n ? losing trade, don't k??? losing money. M??t ?f th? novice traders ?r? lowering th??r stop loss ?u?t t? prove th?? ?r? r?ght ?r hoping th?t th? market w?ll reverse . 99% ?f th??? trades, ?r? ?nd?ng u? w?th m?r? losses. M??t ?f th? profitable trades ?r? u?u?ll? "right" immediately.

Remember, smart traders kn?w th?r? ?r? m?n? ?th?r opportunities. CUT ??ur losses short ?nd compound th??? winning positions.

RULE 2) NEVER EVER trade FOREX w?th?ut placing ? Stop Loss Order.

PLACE ? STOP order, r?ght ?l?ng w?th ??ur ENTRY order, v?? ??ur online trading station, t? prevent potential losses.

B?f?r? initiating ?n? trade, ??u h?v? t? calculate ?t wh?t point ( price) ??u w?uld b? wrong, b???u?? th? market changed direction, ?nd w?uld w?nt t? cut ??ur losses.

T? m?k? profits, ?n th? FOREX, ? trader ??n enter th? market w?th ? *buy position* (known ?? g??ng "long") ?r ? *sell position* (known ?? g??ng "short").

A? ?n ?x?m?l? let's assume you've b??n studying th? EURO. Th? EURO ?? paired f?r?t w?th th? U.S. dollar ?r USD.

Y?ur trading methods, rules, strategies, etc., t?ll ??u th?t th? EURO w?ll rice ?n th? n?xt 2 weeks, S? ??u buy th? EUR/USD pair meaning ??u w?ll simultaneously buy EUROS, ?nd SELL dollars).

Y?u open u? ??ur excellent trading station software (provided t? ??u f?r free b? Fenix Capital Management, LLC fenixcapitalmanagement.com ) ?nd ??u ??? th?t th? EUR/USD pair ?? trading at: EUR/USD: 1.2010/1.2013.

A? ??u ??u b?l??v? th?t th? market price f?r th? EUR/USD pair w?ll g? higher, ??u w?ll enter ? 'buy position' ?n th? market.

A? ?n example, l?t? ??? ??u bought ?n? lot EUR/USD ?t 1.2013. A? long ?? ??u sell b??k th? pair ?t ? higher price, th?n ??u m?k? money.

T? illustrate ? typical FX SELL trade, ??n??d?r th?? scenario involving th? USD/JPY currency pair:

REMEMBER Selling ("going short") th? currency pair implies selling th? first, base currency, ?nd buying th? second, quote currency. Y?u sell th? currency pair ?f ??u b?l??v? th? base currency (USD) w?ll g? d?wn relative t? th? quote currency (JPY), ?r equivalently, th?t th? quote currency (JPY) w?ll g? u? relative t? th? base currency (USD).

HOW TO CALCULATE PROFIT OR LOSS?

Th? Profit Calculations, ?n th? Short-sell trade scenario below, m?? ???m ??m?wh?t complicated ?f you've n?v?r b??n ?n th? FOREX market before, but th?? process ?? continually calculated thr?ugh ??ur broker trade station (software). I show ??u th?? process b?l?w ?? ??u ??n SEE h?w ? PROFIT m?ght occur.

Th? current bid/ask price f?r USD/JPY ?? 107.50/107.54, meaning ??u ??n buy $1 US f?r 107.54 YEN, ?r sell $1 US f?r 107.50 YEN.

Suppose ??u th?nk th?t th? US Dollar (USD) ?? overvalued ?g??n?t th? YEN (JPY). T? execute th?? strategy, ??u w?uld sell Dollars (simultaneously buying YEN), ?nd th?n wait f?r th? exchange rate t? rise.

Y?ur trade w?uld b? th? following: ??u sell 1 lot USD (US $100,000) ?nd ??u buy 1 lot JPY (10,754.000 YEN). (Remember, ?t 0.25 % margin, ??ur initial margin deposit f?r th?? trade w?uld b? $250.)

A? ??u expected, USD/JPY falls t? 106.50/106.54, meaning ??u ??n n?w buy $1 US f?r $106.54 Japanese YEN ?r sell $1 US f?r 106.50.

S?n?? you're short dollars (and ?r? long YEN), ??u mu?t n?w buy dollars ?nd sell b??k th? YEN t? realize ?n? profit.

Y?u buy US $100,000 ?t th? current USD/JPY rate ?f 106.54, ?nd receive 10,654,000 YEN. S?n?? ??u originally bought (paid for) 10,754,000 YEN, ??ur profit ?? 100,000 YEN.

T? calculate ??ur P&L ?n terms ?f US dollars, divide 100,000 b? th? current USD/JPY rate ?f 106.54. Total profit = US $938.61. Posted by Forex articles and reviews online.

Best Ways of Buying Iraq Dinars

In present times many people all around the world are interested in making investments in foreign exchange. Buying foreign exchange may be a hobby for some while for others it may be way of investment. No matter what the reason may be it is important to have complete knowledge in this regard before investing. Today, investment in Buying Iraq Dinars has gained immense popularity and more and more people are ready to buy dinars due to its low value which is expected to rise in future.

In fact there are many websites on the internet where you can buy as well as sell Dinar. If you are interested in Buying Iraq Dinars it is advisable to search for a trustworthy and reliable source because buying Iraq money is very easy but the problem arises when you want to sell it. There are high chances that you may get cheated. Therefore, while dealing in Dinar you have to be very careful.

Before Buying Iraq Dinars online it is very important to consider few things. They are: firstly, you will have to check whether the website is registered as Money Service Business (MSB) under U.S. Treasury Department. You should also verify whether the dealer is registered under the U.S. Treasury Department or not. They should also follow all the rules and regulations th at have been laid down by the U.S. Treasury as well as comply with U.S. Patriot Act Regulations and OFAC. If all this is done then the dealers can be considered authentic otherwise they should not be allowed to indulge in Buying Iraq Dinars as well as their selling.

Before Buying Iraq Dinars you should also check whether the dealer has a clean record with Better Business Bureau or not. Clean record with this institution is dependent on customer satisfaction and industry experience. Therefore, it is always advisable to buy Dinars from those dealers who have best records. Further, if you are buying Iraq money through an agent then you must make sure that he is authentic. It should be noted that for avoiding falling into a fraud it is always recommended buy Dinar from a source that is reliable and trustworthy.

In this way you will be able to gain good returns by Buying Iraq Dinars now and selling them later as it is predicted by the financial analysts and economists that the economic and political condition of Iraq will improve in future leading to a rise in the value of Dinar. Posted by Forex articles and reviews online.

Basic Programming for MT4 Forex Trading

With programming, Forex Trader can put their winning strategy into programming codes and run on MT4 trading platform to let the computer trades automatically. This is make possible using MQL or metaquotes languages to write and compile using metaeditor into executable ex files which are called expert advisor to run on MT4 trading account.

The programming is similar to C with declaration of variables, logic comparision and executing of files and functions.

Variables

MQL4 comes with various data types namely integer, Boolean, character, string, float, color and date & time. You can create local variable can using the standard declaration like int, double, string, etc. For global variables, you have to declare the variables before int start(). To have your variable available and value retained after program ended, use static variable declaration by static int, static double, etc

Standard Constants

It comes with many standard constant that you can use which is already predefine by the program. One of the most important standard constants are timeframe which comes with PERIOD_M1, PERIOD_M5, PERIOD_M15, PERIOD_M30, PERIOD_H1, PERIOD_H4, PERIOD_D1, PERIOD_W1 and PERIOD_MN1. This is useful in defining the currency chart to use for technical indicator trigger. Next is the OrderSend() function which uses trade operations constant OP_BUY, OP_SELL, OP_BUYLIMIT, OP_SELLLIMT, OP_BUTSTOP and OP_SELLSTOP which covers all the 6 different trade execution. The last importance standard constant is price related which is PRICE_CLOSE, PRICE_OPEN, PRICE_HIGH and PRICE_LOW which is often used in technical charting.

Predefined Variables

Ask, Bars, Bid, Close, Digits, High, Low, Open, Point and Time are widely use thru out the programming codes. When comparing currency price, Ask, Bid, Close, Open, High and Low are often called for operand operation. Bars is used when counting the number of bars in the selected currency chart. Point is the current symbol point value in the quote currency and Digits is the number after decimal point for the current symbol price. Both are used to compute stop loss, profit take, buy and sell price.

Account Information

This is a group of function which provided important information about your trading account and is used for computing trading lots and money management system including calculating of margin and balance. The often used function are AccountBalance, AccountFreeMargin, AccountLeverage, AccountMargin and AccountProfit. You need to input some margin requirement and usually I use minimum 200% margin requirement for max open lots using account leverage for maximum drawdown to avoid margin call.

Date and Time Functions

The widely used functions are DayOfWeek to get the Monday to Sunday of the date, Hour and minute for time and Seconds for looping. If your strategy is time constraint, meaning it only run during 2 to 4 am and only on Monday to Wednesday, this group of function is definitely the ones that you called to compare and execute codes.

Technical Indicators

This is the most important functions you be calling if you are using technical charting to execute trading rules. The common indicator that I used are iMA which is moving average simple/exponential/linear weighted calculation, iRSI which is Relative Strength Index, iMACD which is Moving Average Convergence/Diverage, iBands which is Bollinger Bands, iCCI which is Commodity Channel Index, iStochastic which is Stochastic Oscillator and iADX which is Movement Directional Index.

Trading Functions

This is required for any trading to be successful. The widely used trade function are OrderSend, OrderSelect, OrderClose and OrderModify. You may refer to MQL4 documentation for more information of the various functions. And refer to my website for more software offers with ready to use program codes. Posted by Forex articles and reviews online.

Leverage Is Important In Forex Trading

Leverage is powerful and very useful in Forex Trading. With 100:1 leverage you are effective using $1 to hold $100 dollars. With 500:1 leverage will enable you to hold $500 using $1. This is nothing new to finance industry but widely use for currency trading in order to use the dollar unit value of currency.

Leverage works with capital that funded the trade. The capital has to be in currency value or cash in order to attain the leverage holding. This is similar to derivative or contract for difference for stock and shares. Using cash to leverage is much more powerful then using physical asset as it is harder to dilute and cash it back. Therefore leverage are still use by currency trade with capital at 100:1 leverage. This determined the 1 lot size of 100k contract in forex trading. (For mini lot is 0.1 lot of 100k contract).

1 lot actually holds 100k contract worth of currency. This is equivalent to $1k of capital used to hold $100k contract worth of currency. Since pip is used for currency movement, 100k for 1 pip movement will work out to $10 a pip. (10,000 pips actually gives 1 dollar but in leverage context is $100k contract).

For trading account, which give 200:1 or 500:1 leverage is different from the currency trading leverage. Please do not mix up both. The currency leverage is fixed at 100:1 for currency trading of 100k contract. Mini lot are executed at 0.1 lot or 0.01 lot. For trading account leverage which is 200:1 or 500:1, this will determine your margin required to hold in order to perform the 1 lot of 100k contract. Using 100:1, is $1k. Using 200:1 is $500 per lot. Using 500:1 is $200 per lot. This of course with higher leverage you actually can buy more lots. With a trading account leverage of 500:1, you can buy 5 lots at a total of 1k capital. Amazing use of leveraging.

No doubt leveraging enable you to buy more lots with higher leverage but the downsize is the drawdown and the pips loss still remains at per your trading lot of 100k contract. So most money management software will use mini lot at 0.1 lot or 0.01 lot to trade. ($1 and $0.1 per pips respectively). Therefore do not mix up these 2 leverage. One is the 100k contract leverage for currency buy and sell which is fixed at 100:1. The other is your trading account leverage which is provided by your Forex broker.

I end of this topic by comparing the trading in stock and shares. Without leverage you are buy 1 shares per 1 share price. Using leverage, you can buy 100 times more using the same capital. (assuming share price is same as currency price, and 1000 shares is equivalent to 1 USD per share.) Using 1k capital, you can but 1000 shares or buy 1 lot of 100k contract forex currency trade. Visit my website for more information. Posted by Forex articles and reviews online.

Suggestions before buying Iraq money

Though it seems lucrative to make an investment in Dinar but needs to remember all sorts of the safety measures. When a person thinks to buy Iraq money as he needs to trust the dealer from whom he is purchasing the currency and also it becomes important to see if the currency is real and not duplicate. Therefore, it becomes important for the person to take precautionary measures before he opts to purchase Iraqi currency.

When a person thinks to buy Iraq money, it is important to take into consideration numerous factors. If anyone is looking into the web, he will find not to purchase the Iraqi currency. Many individuals are found giving advices not to purchase the Iraq money as they have a gut feeling that the country would be participating in a civil war and moreover, constant news of violence in the nation. However, the situations in Iraq have improved with the passage of time and no harm is there in purchasing the Iraqi currency. Related Coverage Buy Iraq money from an authentic dealer to avoid fraud Buying foreign currency for investments has chances of giving high returns if they are properly planned.

It is always safe to buy Iraq money from a trusted and reliable online dinar dealer. Iraq dinar a way to earn big Buying Iraq money is a profitable business. But the thing is you have to be alert enough while exchanging the currency. Doing proper market research is a great help if you genuinely want to crack profitable deals. Information Regarding Buying Foreign Currency and Buy Iraq Money Read this article to get informed about Buying Foreign Currency and Buy Iraq Money and whether these deals can help you earn profit or not. Facts about Buy Iraq Money and Iraqi Dinar Dealer This article will help us know some facts about Buy Iraq Money and Iraqi Dinar Dealer.

Again, if Iraq replaces its existing currency with a new one then, it w ill be a problem for the person interested to buy the Iraqi currency. But, such situations will not occur hopefully as the new Dinar possesses a great caliber along with the safety measures. Moreover, the administration will have to make huge expenses to get a new currency. So, a person can buy the Iraqi currency but wisely.

To buy Iraq money, a person needs to select a right Iraqi dealer. This is important as the dealer is the best person to guide the person so that he is able to earn huge returns on his investment. Some factors need to be considered when the person is selecting an Iraqi dealer:-

The Iraqi dealer must be registered with the Better Business Bureau as well as the US Treasury Department. And, the dealers being given authentication possess no objection to show proof of their registration as well as other information about their reputation.It must be checked if the brokerage company is limited liability one or not. It indicates that the firm is a registered entity as well as a legal one.The person must see from how long the Iraqi dealer and his firm are into the business.It is essential to ask the Iraqi dealer regarding their methods to check the authenticity of the currency. source.

Profits of creating online trading account

Lots of people talk about online trading these days, as it is quite an essential part of business, we are doing it because online market has grown to a great level, our knowledge about trading options matter lot, as we can grow as the leading investor in terms of online trading, most of the time we should not encouraged by people but that should not be a right thing to look, we should manage the good earnings by looking in plans which are ideal to hang with. Online trading account should be a right choice for people, as nothing better can be looked into. Online trading is one thing looked by so many people, as it is getting bigger with day by day.

There are so many things considered while starting your career as the investor, if more things you want to learn from online market, there are so many places where from we can boost up our knowledge about the market. Online trading is great kind of support for young investors, as they don't have sufficient time to look into stocks or contact with brokers every time. With the help of online trading account, it is easy to communicate with people have great knowledge about the market and can easily describe your way of business.

There are so many profits we have while having online trading account, it will be nice idea to maintain high earning from market, and continue your work with great support from Brokerage Company. If you are creating account with a reliable company then, it will be easy for you to start earning from the first day of investment. Kind of strategy developed by us are managed by brokerage company, if we are putting effort in finding a trusted brokerage company then nothing to worry about.

Online trading involves huge money which is invested on stocks, so we have to be very specific, a single mistake made by investor will turn into the big career ending scenario for us. Investors have proper time to adjust their plans and if they fail to do so, then nothing can stop from tasting a loss which can't be undone. If you want to learn basics of binary options trading with multiple benefits then it will be great, so look for it.

Trading is all about planning and remarkable market analysis, if we are not performing market research about the invested stocks, then nothing can work in our favor. Most amazing feature will be the one resides in our market research sheet, all winning strategy developed from the single data sheet that shows everything you want to know about a stock.

Trading options are newly developed tools for the investment, by means of such trading options we can continue our investing on high earning stocks. Posted by Forex articles and reviews online.

Forex Signals Benefits and Advantages

If you discover it onerous to urge hold of profitable Forex signals, your best bet ought to be to utilize the services of signal generators, conjointly referred as signal suppliers. You have got smart} probability to earn good money from putting of trades using foreign currencies with the assistance of a good Forex signal service supplier. Automated trading signals buy & sell signals that are usually sent on to you so as to notify you when it is time to buy or sell a currency.

Currency trading is among the largest cash market within the entire world, creating it a possible place to form investments and grab the advantages if you recognize the simplest means it's done. If you're serious concerning trading within the foreign exchange market, then it's best for you to form use of Forex signals live. Not solely does one get the simplest attainable opportunities for trading; you get to travel in and out at the simplest attainable times. Related Coverage Advantages of Forex Signals Foreign Exchange or Forex is a blessing for people who are looking for an investment plan that would be able to give them maximum efficiency.

Advantages Earned Through Forex Signals In Forex Trading The foreign exchange market- is better known as Forex. It is a world marketing for buying and selling currencies. It is world wide market that trades for exchange of currencies. Forex Trading Signal Software Review Learn exactly what forex trading software is and just how it helps investors take advantage of possibilities in the marketplace.Forex trading signal software is the kind of robot that is offered in the online shops these days. With this kind of item, many traders happen to be able to learn how to trade Foreign exchange successfully. Forex trading robots can be easily utilized by lots of individuals to trade FX currency sets and make considerable amounts of cash.

Forex Signal – What Everyone Should Acknowledge In Forex Signal My partner and i am here in order to share some knowledge, suggestions, strategies and insights of how you can efficiently buy, sell, trade and spend money on online Forex tradingThis can be ideal if you're a possible day trader. You must conjointly contemplate that you simply can need to acquire those signals. Even the simplest signals can solely assist you create extra money if you are trading in a very giant enough heaps that your profits are larger than the investment into the signal service.

With live Forex trading signals, you'll get in and out of the market with ease. You’ll open up your investment in a very variety of currencies. You’ll conjointly eliminate the amount of losses. At the terribly least, you'll find yourself breaking even. There are a lot of probabilities for you to realize a major profit.

Forex signals is an important part of Forex trading. These involve the changes observable within the market charts, trends and statistics that show the currency pairs you're to travel for. If you're ineffectual to identify them out, then you may not win. Signal service suppliers provide you with a chance to urge hold of the signals. After they discover profitable signals, they send them out in a very message to your mailbox to provide you with a warning of the time and when that trade ought to be placed. You’ll be in a very higher position to win that trade, considering the actual fact they're not simply normal signals however those suggest by skilled traders.

You simply leave your pc on whereas the robot finds and place profitable trades for you. They’re ready to answer any recent trends, signals and changes it detects. It’ll perform all the works for you, your own work is to withdraw the profit it makes to your checking account. These programs don't win any trade it places, however you'll expect to urge eighty fifth winning rate using it. source.

Top Forex Trading System

Simple

Let's talk about each portion to understand further. First is Forex Trading. Forex is the foreign exchange market where people come to buy and sell currency. Trading is an action that results in profit and losses. MT4 is MetaTrader 4 which is a Forex Trading Platform which enables traders to login into their Forex Trading Account and use charting to trade Forex. MT4 also has a built in programming language to translate trading strategies into programs software that can run automatically on MT4 tradind platform. The results of such program are called Expert Advisors and they can run 24/7 automatically. With profitable trading strategy, giving high profit factor, low dawn down and high return of investment, you can gain passive income with this setup. Simply follow below 5 steps.

Step 1: Sign up for a Forex Trading account with a Forex Trading broker

Step 2: Fund money into your trading account

Step 3: Install MT4 software

Step 4: Load profitable Expert Advisor

Step 5: Gain passive income!

Difficult

The difficult portion is selection of Forex Broker, selection of Expert Advisor and setting up your trading lots size. Sound simple, well look again.

There are many Forex Broker, namely FXCM, Forex.com, Alpari, MIGFX, etc are well known and established Forex Broker. You can choose any other broker but please select broker that is established and easy to fund/withdraw money. The broker should also allow you to check and trade your trading account using MT4 platform. Allow a leverage of at least 100:1 and able to deposit fund in default United State Dollar. (This is the most widely traded currency and many currency pairs uses this currency rate exchange).

There are many Expert Advisors and only few are profitable consistently. Always look at Expert Advisors that run on MT4 platform and have a high profit factor of more then 2. Through out all the trades, it should have low dawn down at less then 20% and a high return rate of return of 50% annually. This is necessary to avoid margin call and allow you better returns then putting your money in banks, unit trust or stocks. (Warran Buffet shares return are at about 25% annually.)

Setting of trading lot size are using money management effectively during Forex Trading. Due to the high risk of Forex Trading, always calculate your maximum drawn down with margin required to hold for your open trades. This can be easily calculated by using your trading account leverage and 100k contract and your available capital for trading.

Both Simple and Difficult

The good news is that there are already software that have built in money management that will adjust and grow your trading lots size as your capital grow. The tough portion is to select those software Expert Advisor that profit and grow your trading account without wiping out by margin call or maximum losses.

Although passive income seems possible by follow the above 5 steps, but due to the change currency market demand and world wide crises emerging, you still need to monitor and fine-tune the Expert Advisor periodically to ensure losing software are removed and new profitable Advisor are added.

Visit my website for more information on selection of Expert Advisor and creating your own Expert Advisor. Posted by Forex articles and reviews online.

Forex Quotes: What the Notion Is?

Forex quotes show the price of one currency evaluated in the price of the other one. The other name of the Forex quote is a currency rate at Forex market. It should also be noted that the quote is the measure for the value of other assets, such as goods and securities – bonds and stocks. Demand and supply make a strong impact on quotes formation. Quotes also influence market-makers – large banks. These market-makers number about 60% currency trading deals made on the Forex market and they number 20% of all banks in the world.

Market-users which are the other banks need Forex quotes. So they make a request for these quotes. A kind of a chain forms: small Forex brokerage firms receive the currency quotes, and then Forex traders receive them via MetaTrader platform. The market-users, as well as the market-makers have a possibility to make currency trading operations without assistance. It should be noted that the market-makers are in more favourable conditions, than private traders. The matter is that only Forex quotes and news are available for the private traders, while the market-makers, who are the large banks, have an access to significant information flow concerning currency purchase/sale operations that circulate between banks. Moreover, the market-makers conclude the majority of big deals.

One can distinguish one- and two-sided quotes. The first type of quotes has one price, while the second type of quotes has purchase and sale prices, which are not the same. This difference between purchase and sale prices is defined as spread. Such quotes or Forex rates refer to two-sided quotes. Dealing centers if they are really reliable must receive an income only from spread. But fraudulent brokerage firms are interested in losses of their clients.

Forex quotes are an object of the interest not just for traders. There are other market participants who need and want to monitor Forex online quotes. They are central banks of various countries and different funds. The central bank of the country may have a strong impact on the size of Forex online quotes. In this case the means of influence is an intervention at Forex. The ordinary traders have an opportunity to get to know about these interventions just from Forex quotes and the news after they come out. If a market participant knows what the Forex quote is his Forex account activities will be most probably profitable. Posted by Forex articles and reviews online.

US dollar impacts Trader’s investment in stock market

Traders are confused after having poor performance of Indian rupee. It decreases FII(foreign institutional investors) and DII(domestic institutional investors). US dollar always has demands among traders but USD creates tensions due to exchange in terms of INR. More USD exchange rates require more INR. It creates climate where every traders thinks what will be next move of stock market. Traders can’t easily decide what should be hedge funds due to vulnerable pace of stock market. News, rumors, global market updates decide market trend, and example S&P has decreased India’s credit rating due to poor performance of Indian economy. This news demoralized domestic investors and foreign investors. Traders think that there is scarcity of money, there will not be buyers and sellers.

US dollar is global currency for import and export. Related Coverage The U.S. Dollar's Impact on Price Action in the S&P 500, Gold, & Oil Assuming the U.S. Dollar breaks down, we should see the S&P 500, precious metals, and oil continue to work higher. My eyes are going to be watching the U.S. Dollar Index closely in coming days/weeks. If a breakdown transpires, the potential upside in precious metals and oil could be intense. Ultimately, I remain slightly bullish on stocks and extremely bullish on oil and precious metals. However, my entire thesis could change if the U.S. Dollar Index starts to firm up and begins to work higher. U.S. Stocks Pare Gains U.S. stocks retreated from early gains Monday as traders eyed this week’s election results and Fed meeting.

The stock markets were mixed with the Dow Jones and the Standard& Poor index gaining and the Nasdaq declining. U.S. stocks extended climb U.S. markets posted a narrow gain on Friday, bumping higher to weekly modest gains as tech companies’ earning boosted sentiment. However, investors still worried about the economic data. Forex - U.S Dollar Equals Canadian Dollar Tourists from the United States suffer long enjoyed trips to Canada in search of vacation and shopping bargains. Recently, however, the Canadian buck has stirred to parity adjacent to the U.S. Buck threatening to take by surprise it in cherish. Fueled by the strength in the freight souk such as uranium and lubricate, the loonie, as the Canadian buck is tenderly called, instantly commands novel respect. What does this mean on behalf of U.S. Traders in the foreign switch over (FOREX) souk?

Importers generally hedge their risk by purchasing American currency against Indian rupee and exporters hedge their risk by selling dollar against INR. If it hikes then importer has to give more INR and exporter will get less $. It means, high dollar has positive as well as negative impacts on economy. But high USD always has negative correlation with traders who expect bullish market.  It has inverse relation with Nifty and Sensex. Whenever it hikes, Nifty goes down. It affects fifty stocks of Nifty, therefore traders get demoralized to invest money and sometimes they refuse trading. At present, market has unpredictable situation like sideways, up, down. Nobody can predict what will be market trend; it’s a pathetic situation for traders. NSE- indices represent different stocks and size of the company. Those firms have direct profit relation with external value of Indian rupees which have export and import business. Mostly reactions are reflected from IT, technology, knowledge based sectors due fluctuations in US dollar exchange rates.

Main issue with dollar ($) it behaves like an intermediary due to three way transactions in international transfer mechanisms. Our govt. pays US dollar for crude oil. When it is appreciated then we pay more rupees. Foreign education loans also get expensive.  Import of machinery, crude, weapons, air craft are decided by global USD exchange rates. But those are received their remittances by foreign currency, they enjoy its hiking.

Forward currency market was used for hedging exchange rate risk in customized way. But MCX-SX is playing a role of legal place where trading of currency like USD, EUR, JPY, GBP against INR is possible without any counterparty risk. Forex trading is only way of security against exchange rate’s negative impacts on trader’s investment decision. It is allowed trading in currency future. Stock market is a place where traders lose as well as win; same concept applies on other currencies if global currency appreciates then domestic automatically devaluates. source.

Trading Psychology: Master Your Emotions and Anxiety

It often comes as a huge surprise for many people that more than 95 percent of the forex business owners lose money.

There are plenty of trading techniques which perform well but two forex traders using the same systems can get a completely different outcome. There are many workshops, courses; mentorships and more that can assist a lot of traders to make cash again and again. Even with all these, only some people succeed in forex trading. Do you know why? The answer is forex trading psychology. The fact is that no matter which technique you are using in your trading counts unless you control your physical feelings, remove trading anxiety and prevent silly trading mistakes.

Most of the losses are caused through irrational trading judgment made by those who should know better. Forex trading psychology describes why two traders with similar trading programs can get completely different results in forex trading. Controlling your emotions and mind may prove to be the really big challenge you meet as a trader and can make all the difference in your results.

To have good control of your forex trading, you should of course use a stop loss and probably a take profit as well. They let you keep in the trade without having to constantly monitor your screen. The more you stare at the trade the more it keeps playing in your mind.

Certain traders in the forex trading market use stop loss programs and take profit prices but still regularly go back to their trading screen to check how the trade is going, as if this part of the process will magically make the market do what you need.

What is the use of a stop loss when you are planning to view the trade constantly?

At the time you use the best high leverages you do posses the prospective of high profits but big losses also. It can ultimately drive you mad with fatigue and result in wrong trading judgments. Until you acquire a killer trading psychology, keep to small leverages. You should also restrict and limit your losses with a rigid stop loss policy - not shifting the stop loss "just in case".

When you do this you will understand that in bad situations, you will come out of the forex market with little loss. So you need not worry about the losses as with the right strategy and mindset they'll be far outweighed by the profits.

It is also good not to use a method or technique in which you are not totally confident.

Always use a reliable, proven and structured technique: you will become a calmer forex trader.

Do not ignore your forex trading psychology; always work with your mental fitness. It is important for your long term success in the forex market.

The effective way is to get begin in the forex market is to read, watch, learn and try the free demo accounts. The free trial accounts will deliver you all the information, support you, assist and give charts to get guidelines.

Watching to the everyday forex trading activities will assist you to set the best patterns and become careful of different situations. Even though all kinds of tools and methods are available, you should be able to control your emotions while trading in the forex market. Posted by Forex articles and reviews online.

Leverage Is Important In Automated FX Trading

Leverage is powerful and very useful in Forex Trading. With 100:1 leverage you are effective using $1 to hold $100 dollars. With 500:1 leverage will enable you to hold $500 using $1. This is nothing new to finance industry but widely use for currency trading in order to use the dollar unit value of currency.

Leverage works with capital that funded the trade. The capital has to be in currency value or cash in order to attain the leverage holding. This is similar to derivative or contract for difference for stock and shares. Using cash to leverage is much more powerful then using physical asset as it is harder to dilute and cash it back. Therefore leverage are still use by currency trade with capital at 100:1 leverage. This determined the 1 lot size of 100k contract in forex trading. Related Coverage Best FX Automated System Forex is the most widely traded financial market around the world. Top bankers, exporters, government, investment firms and venture capital deals with foreign exchange or Forex at any point of time.

5 habits for successful automated fx trading Habits, successful, automated trading, fx trading, currency trading, forex trading, automated fx trading, automated forex trading, automated fx trading, trading Best Automated FX Trading System I would like you to know about the different automated trading strategies in Forex and which is the best automated trading system. Advantages Of Fx Trading Very few people realize the benefits of FX trading over normal investments in stock or otherwise. This is mainly due to a lot of misconceptions about forex as a whole. Forex is an excellent avenue for investments, and if you play it right, you could substantially increase upon your investments.(For mini lot is 0.1 lot of 100k contract).

1 lot actually holds 100k contract worth of currency. This is equivalent to $1k of capital used to hold $100k contract worth of currency. Since pip is used for currency movement, 100k for 1 pip movement will work out to $10 a pip. (10,000 pips actually gives 1 dollar but in leverage context is $100k contract).

For trading account, which give 200:1 or 500:1 leverage is different from the currency trading leverage. Please do not mix up both. The currency leverage is fixed at 100:1 for currency trading of 100k contract. Mini lot are executed at 0.1 lot or 0.01 lot. For trading account leverage which is 200:1 or 500:1, this will determine your margin required to hold in order to perform the 1 lot of 100k contract. Using 100:1, is $1k. Using 200:1 is $500 per lot. Using 500:1 is $200 per lot. This of course with higher leverage you actually can buy more lots. With a trading account leverage of 500:1, you can buy 5 lots at a total of 1k capital. Amazing use of leveraging.

No doubt leveraging enable you to buy more lots with higher leverage but the downsize is the drawdown and the pips loss still remains at per your trading lot of 100k contract. So most money management software will use mini lot at 0.1 lot or 0.01 lot to trade. ($1 and $0.1 per pips respectively). Therefore do not mix up these 2 leverage. One is the 100k contract leverage for currency buy and sell which is fixed at 100:1. The other is your trading account leverage which is provided by your Forex broker.

I end of this topic by comparing the trading in stock and shares. Without leverage you are buy 1 shares per 1 share price. Using leverage, you can buy 100 times more using the same capital. (assuming share price is same as currency price, and 1000 shares is equivalent to 1 USD per share.) Using 1k capital, you can but 1000 shares or buy 1 lot of 100k contract forex currency trade. Visit my website for more information. source.

Forex Strategies: Don't Make It Easy to Lose

If you want to enter the arena of Forex, you need to have Forex strategies to go by. Without any kind of strategy, you're setting yourself up to lose a lot of money. As soon as you start out, you have to be on the lookout for great strategies that will ensure you success. Do not be tempted with the appealing characteristics that leverage, short trade, long trade and even 24 hours have. You have to be prepared when you go into the fray and it's with the best strategies that you can do that.

If you're in the process of creating Forex strategies for yourself, there are few simple questions that you need to ask yourself. First off, you must have a good reason for trading. Ask yourself why you want to buy or to sell and ask yourself which of the pairs would be the best ones for you to trade in. On the timing of the trade, the question would mostly be about why will you start trading now? Would it be better for you to go in during the daytime or would it be best by night? What about economic news releases, would it be better before or after?

You also should ask yourself about your objectives in trading. Related Coverage Forex Strategies Video tutorial Forex trading -A disciplined approach to trading is the best strategy for the long term. Forex Robot Trading Myth - They Make Huge Gains - They Don't They All Lose Here's Why Finance & Investment There are many myths surrounding Forex robots but the biggest of all is - they make huge gains with low draw down. Sure, they present track records that look great but the user never sees these gains, they lose money - Why? reason is simple and enclosed in this article.

If you look at the track records presented, by the cheap Forex robots sold online, you will see huge growth rates and little or no draw down in fact, the track records are actually better than the world's top FX traders, like George Soros and Jimmy Rogers could achieve yet, you can do better for paying under $200.00! D... Forex Strategys and Techniques There are many Forex trading techniques and strategies. If you go to the bookstore you will find shelves of books on how to trade in the Forex market. If you Google ‘Forex techniques and/or strategies' you will get millions of hits. And if you visit places like the Forex Factory Forums site, you will find hundreds of strategies with just as many viewers taking part almost every day of the week. Which of these systems work and which don't?

Forex Trading Strategies – Making A Choice! There are many Forex Trading strategies, and choosing the right one is not so easy. To make a lot of profit in the Forex market, you have to learn about these strategies. Then, you can come up with your own system. That will make your approach unique among traders, and that would get you huge profits quickly.This would relate to the take profit target as well as to the stop loss. Money management is also a big issue when you're going into Forex. You also have to think about how you will document and analyze the results that you get. From getting the answers to these things and putting these things into together, you can come up with strategies that will help you succeed. Basically, you need to bear in mind that if you don't have Forex strategies, it's easy to lose - and that's not an overstatement! source.