No Deposit Bonus - Welcome Bonus Robo Forex

  • Link: $15 no-deposit bonus from RoboForex
  • Dates: all year 2011
  • Bonus: free $15 - no deposit required
  • How to get: Apply for a welcome account with RoboForex
  • The RoboForex is glad to present «Welcome bonus», a new no deposit bonus service which can be of a great help to beginner traders, and a good opportunity to try trading using real forex accounts at RoboForex!
    View instructions how to get «Welcome bonus».
    We’d like to pay your attention to the fact that our Technical Support Service gives no answers to the questions on No Deposit Bonus, as the system operates automatically. If you have any question, please, visit «Welcome bonus» FAQ.

    Conditions of no deposit bonus «Welcome bonus 2.0» service are the following

  • «Welcome bonus 2.0» is $15 (1500 cents transferred to your account). It’s available for verified clients using Fix-Cent & Pro-Cent usd cent accounts only.

    Please note that «Welcome bonus 2.0» service is available for new clients only!

  • There are some trading restrictions for accounts with «Welcome bonus»: - an order is 0.1 lot; - maximum number of open orders is 10; - only metals and currency pairs are available for trading. In case of cancel bonus client must pay commission $15 and restrictions are not removed! These restrictions will be removed as soon as the equity on the bonus account exceeds $100 (10000 cents) due to profit earned or client’s depositing the account with his/her own funds. After the equity exceeds $100, the account will become a real one and all restrictions will be removed in the following order: - automatically within an hour, if there are no open orders; - automatically within a day, if there are open orders.  
  • A client can withdraw bonus from the account, if the total amount of the lots on his/her account is: - 500 microlots (5 standard lots) for Fix-Cent accounts; - 750 microlots (7.5 standard lots) for Pro-Cent accounts.  
  • One is allowed to withdraw profit from the bonus accounts taking into consideration onetime commission of $15 during the first withdrawal. HOWEVER, after the bonus account becomes a real one (art. 2), no onetime commission will be charged.  
  • You must use the same account details for payments each time you withdraw profit from your bonus account. In case these very account details for payments are used to withdraw profit from other bonus accounts, the company reserves the right to write the bonus off the accounts, as well as the profit gained when trading using these bonus accounts.  
  • Partners DO NOT receive commission for transactions on bonus accounts. HOWEVER, after the bonus account becomes a real one (art. 2), partners will receive commission for orders according to the normal procedure.

How to get no deposit «Welcome bonus»

  1. «Welcome bonus» is credited only once for each client when (s)he opens a new trading account.
  2. In order to avoid any type of fraud involving no deposit bonus, the system that checks and transfers bonuses to our clients’ accounts is operating automatically.
  3. RoboForex reserves the right to cancel «Welcome bonus» without any explanation.

Conditions of operating no deposit bonus accounts:

  1. Bonus can be withdrawn if the requirements of the bonus program are fulfilled.  
  2. Up to the moment the requirements of the bonus program are fulfilled, only profit can be withdrawn, taking into consideration onetime commission during the first withdrawal. Example: You got 1500 cents as a bonus. If your profit after trading is 2500 cents, then, according to our conditions, you can withdraw 1000 cents, i.e. minus onetime commission of 1500 cents during the first withdrawal (next time you withdraw your profit no commission will be charged).  
  3. A client can deposit bonus account with his/her own funds (in order to meet the requirements more quickly). In case of negative balance on the account, our policy is that a client loses his/her own funds in the first place. Example: You got 1500 cents as a bonus and deposited your account with your own 1000 cents. If your profit after trading is -500 cents, then, according to our conditions, you can withdraw 500 cents, i.e. your own funds minus profit.  
  4. Only closed deals on the following currency pairs are taken into account for fulfillment of the requirements on transactions:  
    List of currency pairs for fulfillment of the requirements on transactions:
    AUDCAD AUDCHF AUDJPY AUDNZD AUDUSD CADCHF CADJPY CHFJPY EURAUD EURCAD EURCHF EURDKK EURGBP EURJPY EURNOK EURNZD EURPLN EURSEK EURUSD GBPAUD GBPCAD GBPCHF GBPJPY GBPNZD GBPUSD NZDCAD NZDCHF NZDJPY NZDUSD USDCAD USDCHF USDDKK USDHKD USDJPY USDMXN USDNOK USDPLN USDSEK USDSGD USDZAR
  5. RoboForex reserves the right to cancel bonuses from the accounts without giving any reasons and/or advance notice.

How «Welcome bonus» is deposited to your account

  1. When registering a new account you need to choose USD currency, Pro-Cent or Fix-Cent account, select “Get Welcome Bonus 2.0?”, and agree to terms and conditions of the bonus program by selecting “I agree to terms and conditions of the Bonus Program”.  
    Please, note, the automatic system, which checks the recurrent bonus transfer and transfers bonuses to our clients’ accounts, may deny Your attempt to register a new bonus account. In this case, You won’t be able to receive bonus from RoboForex.
  2. After registering a new account you need to pass the verification in your Live Account.  
  3. After the account is registered, you need to download MetaTrader 4 the trading terminal of the RoboForex and login entering the information sent to your email.  
  4. After a successful authorization in the RoboForex MetaTrader4 client terminal, you need to customize it. Make sure that Your terminal allows You to use Expert Advisors (EA) as shown on the figure below:
    MetaTrader4 terminal menu: "Tools -> Options -> Expert Advisors" MetaTrader4 RoboForex settings EA for verify_client
  5. After installation options for Expert Advisers (EA), you need to double-click on «verify_client» to start the script (“Navigator -> Scripts” section of the trading terminal).  
    How welcome bonus is deposited - step 3
  6. After the «verify_client» script is started, you will be notified that «Welcome bonus» has been successfully credited to your account.  
    How welcome bonus is deposited - step 4
    Please, note, if the «verify_client» script doesn’t start, it means that You don’t have access rights to the folder where the RoboForex MetaTrader4 client terminal has been installed to, "C:Program FilesMetaTrader4 - RoboForex". You need to the gain access rights or run Your personal computer as an Administrator to start the «verify_client» script.

Monday 31 October 2011

No Deposit Bonus - Welcome Bonus Robo Forex

No Deposit Bonus - Welcome Bonus Robo Forex

  • Link: $15 no-deposit bonus from RoboForex
  • Dates: all year 2011
  • Bonus: free $15 - no deposit required
  • How to get: Apply for a welcome account with RoboForex
  • The RoboForex is glad to present «Welcome bonus», a new no deposit bonus service which can be of a great help to beginner traders, and a good opportunity to try trading using real forex accounts at RoboForex!
    View instructions how to get «Welcome bonus».
    We’d like to pay your attention to the fact that our Technical Support Service gives no answers to the questions on No Deposit Bonus, as the system operates automatically. If you have any question, please, visit «Welcome bonus» FAQ.

    Conditions of no deposit bonus «Welcome bonus 2.0» service are the following

  • «Welcome bonus 2.0» is $15 (1500 cents transferred to your account). It’s available for verified clients using Fix-Cent & Pro-Cent usd cent accounts only.

    Please note that «Welcome bonus 2.0» service is available for new clients only!

  • There are some trading restrictions for accounts with «Welcome bonus»:

    - an order is 0.1 lot;
    - maximum number of open orders is 10;
    - only metals and currency pairs are available for trading.


    In case of cancel bonus client must pay commission $15 and restrictions are not removed! These restrictions will be removed as soon as the equity on the bonus account exceeds $100 (10000 cents) due to profit earned or client’s depositing the account with his/her own funds. After the equity exceeds $100, the account will become a real one and all restrictions will be removed in the following order:

    - automatically within an hour, if there are no open orders;
    - automatically within a day, if there are open orders.

     
  • A client can withdraw bonus from the account, if the total amount of the lots on his/her account is:

    - 500 microlots (5 standard lots) for Fix-Cent accounts;
    - 750 microlots (7.5 standard lots) for Pro-Cent accounts.

     
  • One is allowed to withdraw profit from the bonus accounts taking into consideration onetime commission of $15 during the first withdrawal. HOWEVER, after the bonus account becomes a real one (art. 2), no onetime commission will be charged.
     
  • You must use the same account details for payments each time you withdraw profit from your bonus account. In case these very account details for payments are used to withdraw profit from other bonus accounts, the company reserves the right to write the bonus off the accounts, as well as the profit gained when trading using these bonus accounts.
     
  • Partners DO NOT receive commission for transactions on bonus accounts. HOWEVER, after the bonus account becomes a real one (art. 2), partners will receive commission for orders according to the normal procedure.

How to get no deposit «Welcome bonus»

  1. «Welcome bonus» is credited only once for each client when (s)he opens a new trading account.
  2. In order to avoid any type of fraud involving no deposit bonus, the system that checks and transfers bonuses to our clients’ accounts is operating automatically.
  3. RoboForex reserves the right to cancel «Welcome bonus» without any explanation.

Conditions of operating no deposit bonus accounts:

  1. Bonus can be withdrawn if the requirements of the bonus program are fulfilled.
     
  2. Up to the moment the requirements of the bonus program are fulfilled, only profit can be withdrawn, taking into consideration onetime commission during the first withdrawal.

    Example: You got 1500 cents as a bonus. If your profit after trading is 2500 cents, then, according to our conditions, you can withdraw 1000 cents, i.e. minus onetime commission of 1500 cents during the first withdrawal (next time you withdraw your profit no commission will be charged).
     
  3. A client can deposit bonus account with his/her own funds (in order to meet the requirements more quickly). In case of negative balance on the account, our policy is that a client loses his/her own funds in the first place.

    Example: You got 1500 cents as a bonus and deposited your account with your own 1000 cents. If your profit after trading is -500 cents, then, according to our conditions, you can withdraw 500 cents, i.e. your own funds minus profit.
     
  4. Only closed deals on the following currency pairs are taken into account for fulfillment of the requirements on transactions:
     
    List of currency pairs for fulfillment of the requirements on transactions:
    AUDCAD
    AUDCHF
    AUDJPY
    AUDNZD
    AUDUSD
    CADCHF
    CADJPY
    CHFJPY
    EURAUD
    EURCAD
    EURCHF
    EURDKK
    EURGBP
    EURJPY
    EURNOK
    EURNZD
    EURPLN
    EURSEK
    EURUSD
    GBPAUD
    GBPCAD
    GBPCHF
    GBPJPY
    GBPNZD
    GBPUSD
    NZDCAD
    NZDCHF
    NZDJPY
    NZDUSD
    USDCAD
    USDCHF
    USDDKK
    USDHKD
    USDJPY
    USDMXN
    USDNOK
    USDPLN
    USDSEK
    USDSGD
    USDZAR
  5. RoboForex reserves the right to cancel bonuses from the accounts without giving any reasons and/or advance notice.

How «Welcome bonus» is deposited to your account

  1. When registering a new account you need to choose USD currency, Pro-Cent or Fix-Cent account, select “Get Welcome Bonus 2.0?”, and agree to terms and conditions of the bonus program by selecting “I agree to terms and conditions of the Bonus Program”.
     
    Please, note, the automatic system, which checks the recurrent bonus transfer and transfers bonuses to our clients’ accounts, may deny Your attempt to register a new bonus account. In this case, You won’t be able to receive bonus from RoboForex.
  2. After registering a new account you need to pass the verification in your Live Account.
     
  3. After the account is registered, you need to download MetaTrader 4 the trading terminal of the RoboForex and login entering the information sent to your email.
     
  4. After a successful authorization in the RoboForex MetaTrader4 client terminal, you need to customize it. Make sure that Your terminal allows You to use Expert Advisors (EA) as shown on the figure below:

    MetaTrader4 terminal menu: "Tools -> Options -> Expert Advisors"
    MetaTrader4 RoboForex settings EA for verify_client
  5. After installation options for Expert Advisers (EA), you need to double-click on «verify_client» to start the script (“Navigator -> Scripts” section of the trading terminal).
     
    How welcome bonus is deposited - step 3
  6. After the «verify_client» script is started, you will be notified that «Welcome bonus» has been successfully credited to your account.
     
    How welcome bonus is deposited - step 4
    Please, note, if the «verify_client» script doesn’t start, it means that You don’t have access rights to the folder where the RoboForex MetaTrader4 client terminal has been installed to, "C:Program FilesMetaTrader4 - RoboForex". You need to the gain access rights or run Your personal computer as an Administrator to start the «verify_client» script.

Monday 29 August 2011

U.S. unemployment rate and non-farm job creation

The employment figures in the U.S.
U.S. unemployment rate and non-farm job creation
The employment figures are one of the most important "market movers". Published by the BLS (Bureau of Labour Statistics) on the first Friday of each month (figures for the previous month) at 14:15 (Paris time), they are the delight of all who seek the volatility of the FOREX (brokers, traders news ...).
As they become available, it is not uncommon that the EUR / USD ranges from several tens of PIPS.
Volatility with the release of employment figures is very important. If it follows a strong possibility of quick profits, the risk of loss and margin calls are also very important.
One strategy will be to avoid holding positions with the publication of these figures. A second strategy is rather to find those moments of high volatility for a higher gain and faster. In this case, we must of course go out with sufficient
armor (margin) to be able to collect the large variations in prices.
Website of the Bureau of Labor Statistics: http://www.bls.gov/
The "Household Survey" (household survey). conducted among 60,000 households. leads to the release of the monthly unemployment rate and Unemployment Rate.
The "Establishment Survey" (business survey), conducted among 375,000 companies, determines the number of new or monthly job losses, called Nonfarm Payrolls.
These two statistics are key indicators of the economic side of the Atlantic. Markets they attach particular importance to determine the trend in the various sectors of the economy. In addition, data on the manufacturing sector are the subject of special attention given that the latter, if correct orientation, always promising the start of a cycle. The employment figures are published every first Friday of the month following the reporting period.
Interpretation: Changes in employment figures used to track changes in economic conditions.
In a period of growth:
If unemployment is high, a decrease of the latter is positive and reinforces the economy in question. If, however, the unemployment rate is already low and decreases again, this may seem positive (especially for use!) But inflationary pressures are likely to ensue.

In a time of crisis:
A rise in the unemployment rate increases the crisis while a drop will reverse the trend.

The margin trading Trend Forex Professional

The margin trading Trend Forex Professional

The margin trading Trend Forex Professional was one of the keystones that allowed everyone to just turn into a trader without having to have huge sums.
One wonders how it is possible to control the amounts of $ 100,000 in with only $ 1,000. The principle is simple enough, and contrary to what the individual thinks sometimes, your broker does not lend you a dollar to play the markets, it just gives you access to capital markets knowledge that they do not directly accessible.
To understand how this is possible, consider an analogy with a water tank.
margin trading
Suppose a rule requires that anyone with such a reservoir is forced to permanently maintain the height hd'eau.
If the level drops, we have to add water, whereas if the level rises it will be necessary to remove.

margin trading
At first glance one might think that to own such a tank, an individual should have the means to fill to the height h and then to keep up.
Imagine that it be provided with pre-filled reservoir. The only ability to fulfill the red part allows an individual to own the tank.
This is exactly how does the margin trading, a red from the surface you control the entire surface. When you are in long position, you are exactly as in the case of the tank. If the course (the level) it will decrease the money supply (of water) taken from your account to meet the standard. If the price down, then the excess will be refunded to your account.

margin trading

margin trading

When the level drops, and filling the tank is empty, then we must put water in the reservoir or the system stops.
By analogy, to maintain the height h corresponds to the position you took. The reservoir is filling your account. The level change is the change of the course. The trading platform is constantly calculating the need to hold your position, and credits or debits to your account. If your account is empty, then you receive a request to add the water, which corresponds to a margin call. To you then decide whether to add water or the system automatically closes your position.
In one configuration winner, you stop yourself by closing your position and content of the filling tank is yours.
In the FOREX, a variation of the exchange rate rarely exceeds 1%, which is used to control very large amount and benefit from the leverage is very important. Conversely, this same leverage that can be very devastating when the market is not going in the right direction compared to the open position.
By analogy, the higher the leverage, the bigger the tank is large

margin trading

Understandably, the same height variation made in the previous example, generate a much larger red area


And therefore the margin requirements are much greater.
Conversely, it would be the same for either a winner and gain greater.

margin trading

Currently there are two main types of margin trading which work exactly the same principle. FOREX (foreign exchange) and CFD (contract for difference).

Spreads on Trend Forex Professional

Spreads on Trend Forex Professional
Having grasped the concept of the PIP, the spread appears to be the next concept to understand.
While some brokers FOREX base their business model on a commission, as is common practice in the trading of shares, number of forex brokers are remunerated via the spread. Specifically, the spread is the difference in pips between the taking of sale (bid) and the purchase price (ask) a currency pair.
A currency pair (cross) as the EURUSD is presented as:
BID | ask
Example for the EURUSD, at time t, your software will display FOREX

1.5190 | 1.5192


Meaning that the sale, EUR 1.5190 against the dollar is worth while in the purchase, worth EUR 1,592 to the dollar. There is a difference of 15,192 - 2 pips or 1.5190. So if you make a round trip in these conditions, you will have a cost of 2 pips. It's just that difference is called the spread and on which part of FOREX brokers are remunerated.
But the spread is not only to the remuneration of FOREX broker, it also allows them to cover the risk of currency movements. Indeed, between the time you click in your FOREX software, and the time the order is passed, it may have already changed course. The broker will then potentially lose by passing the order under the conditions where you have proposed. During times of high variations (such as when numbers are released), it came as the broker expand the range to hedge risk.
This process is called slippage. If this process gives off a smell of old suffers in the face of manipulation by brokers FOREX, the guarantee of a fixed spread may also suggest that the broker is actually a market maker (bucket shops) and therefore the prices that you are offering "computer".
Today the most common spreads on the majors are on the order of 2 or 3 pips. We begin to see brokers offer a spread of PIP for conditions specific volume of trading. Despite the huge volumes FOREX brokers that deal with the potential to allow them to prpose spreads as low, it may be beneficial to look beyond the spread contracts trading in the FOREX.
In a somewhat simplified, a broker who grarantit fixed spreads, no slippage regardless of the timing and market volatility will likely to make the flow of prices that arrive in your trading platform.
Conversely, in an ECN forex broker, you will learn to master / support changes in spreads may rise sharply, adding to the complexity of risk management.
Market market, ECN or mixing formulas, every FOREX broker to its business model offers specific and spreads for each currency pair. Some forex brokers are remunerated at the commission while the other spread. At each time to find in the panel offers the forex broker that suits him

Tuesday 23 August 2011

Visit and Hits MY Trend Forex Professional

Visit and Hits MY Trend Forex Professional FEED BURNERI have observed that the USDCHF is very "choppy" compared with the EURUSD and GBPUSD, and USDCHF I rarely trade, I want to focus on the EURUSD and GBPUSD, if I want to trade in European currencies against the U.S. dollar. This does not mean you should not USDCHF trade, but to know that in my experience, the EURUSD and GBPUSD provide better pricing opportunities.

How to Start TRANSACTIONS IN FOREX

How to Start TRANSACTIONS IN FOREX

Beginner Forex Traders ... Hallo! How are you? Hope you are fine.
Maybe this is your first meeting with his cafe beginner forex traders. Yes, here! It's okay buddy, you can start from Bacan-like light reading my post this time; on how to deal in forex. If you ever walk into another forex blog, probably never find the same discussion, owke ... let's say that you're repeating your study.

Transactions in Forex

Ask Bid = Selling Price = Purchase Price

High = The highest price that occurred at the time / day

Low = The lowest price that occurred at the time / day.

Symbol = type of currency traded

In price movements in the Forex, always seen a price "bid" (selling price / SELL) and "ask" (purchase price / BUY). Price "bid" is pricing to sell a currency, and price "ask" is the pricing for the purchase of a currency. In other words, in reading the Forex market price movements, the first currency is the base currency and second currency is as objects of comparison.

If price movements increased numbers, then the comparison object currency weakened, if price movements decreased numbers, then the currency has increased the comparison object.

If you want to SELL (Sale), then the price you get is the price at the BID, whereas if you want to BUY (Buy), then the price you get is the price of ASK section

Example:

If we take the position of the transaction Purchase / Buy / Long on the currency GBP / USD at 1.9765 price level (price in ASK) with total quantity (lot) as much as 1 lot. So to get the advantage / profit, the position must be CLOSED / Closed SELL when the price on the column (figure left / BID) showed the price at the 1.9765 level or better. But if the position of Purchase / Buy / Long we are CLOSED / closed at 1.9765 price level or less, then the transaction experience Losses / Loss.

Funds are required in Forex trading

Comparison 100:1

In Forex, the ratio of 100:1 means that you can make a deal to buy / sell foreign currency only by using the margin / funds at 1% of actual value. Example: if you want to take action Buy to Great Britain Pound, the guarantee fund should you spend only the amount of USD $ 1,000 from the true value of USD $ 100,000 for 1 lot.

That way, you can improve the buy / sell transaction in the Forex market with less cash expenses that must be removed. In this case can increase earnings / profit and minimize the risks / losses.

Example Transaction:

In Forex trading investment, you invest in the account / trading account is USD $ 10,000. You predict / estimate that the price of USD $ currently is lower prices and will strengthen against the Swiss franc. For this strategy, then you must take action to buy (buy) and look forward to increase the exchange rate when you take action to buy it, the bid / ask price for EUR / USD is 1.9760/1.9764. (Which means you can buy diharga 1.9764 or sell at a price of 1.9760.). When you take action to buy, meaning you do buy at the price of the transaction 1.9764.

With a 100:1 ratio, then you can buy a lot with the margins / collateral fund of USD $ 1000. Thus, investment funds in the account / accounts you'll be reduced to USD $ 1,000 to $ 9,000 USD (where the guarantee fund is USD $ 1,000 trade account will be returned to you when you have closed the transaction is running).

As you may have anticipated that the USD will strengthen against the Usd, until the exchange rate of GBP / USD reaches 1.9864/68. Then you can close the transaction by doing a sell (sell) on the value of 1.9864.

Calculation:

Price Close - Price Open = 1.9864 - 1.9764 = 100 points / pips: 0.0100

profit = USD $ 100,000 x 0.0100 = 1.000 Usd

Resume:

The initial investment = USD $ 10,000, the funds used: USD $ 1,000

Profit = USD $ 1,000 Return on Investment = 100%

Risks In Forex transactions
Foreign currency transactions are very challenging and potentially profitable opportunity for educated and experienced traders.

However, there is considerable exposure to risk in any foreign currency transactions. Any transaction involving currencies involves risks amelibatkan, including but not limited to the potential for changing political and economic conditions that may substantially affect the price or liquidity of a currency.

Moreover, conditions that affect the forex trading means that any market movement will have an equally proportional effect on your deposited funds. It can also help you as well as hurt you. The possibility exists that you could sustain a total loss of initial margin funds are required to deposit additional funds to maintain your position If you fail to make an additional deposit within the time prescribed, your position will be liquidated and you will be responsible for all risks losses.

Before deciding to participate in the Forex market you should carefully consider your investment objective, level of experience and exposure to risk. Most importantly you do not plant your money if you can not bear the loss ..

As an investor you can reduce your desire to risk by using risk reduction strategies such as commands to "stop-loss" or "stop losses"

Owke, quite alone up here. Please understand it slowly. Other articles as supporting learning forex in this cafe is pretty good koq. Please enjoy.

LEARN FOREX TRADING FROM ZERO TO HERO

LEARN FOREX TRADING FROM ZERO TO HERO


You want to learn forex from scratch? Woke ... I want to give a simple guide for you. Not use long! Remember, Forex trading from scratch. So this matter is for the true beginner in the world perforexan. wkkwkkwwk ...

Step 1 - Learn Forex Basics

If you are a new Forex traders who want to learn forex, the first thing you should do is to learn the basics of forex. You need to know what the Forex market and how it works. You also need to learn terms of economic indicators. In this cafe is available all, stay picky ... This self-service cafe, Mas! Hihihihi ...

In this step, you also need to learn the difference between fundamental analysis and technical analysis. You also need to open a demo account with a forex broker and get familiar with the process of placing a trade. You can also use this account to see the behavior of the Forex market and get familiar with the currency pairs are most common. You should also familiarize yourself with some essential forex sites. All the discussions I had this post in our Cafe. Diligent, industrious aja open the open the article in this cafe. While coffee-coffee please ... (real coffee or copy-copy of the article .. lol)

The last thing you need to do to complete the first step is to adopt the right mindset. You must enter the Forex market with the correct expectations and knowledge. You need to have realistic expectations about the Forex market and determine a plan to learn it. If in this cafe you can visit my articles here.

When you learn the basics of all, it's time to move on to step 2, woke?

Step 2 - Learn Technical Analysis

Technical analysis is probably the most important tool for a forex trader. When you learn how to properly read charts, you can begin to call yourself a trader. Cool Coy!

Time you need to complete step 2 depends on your technical analysis knowledge at the moment.

Well, you really need to learn or improve your knowledge of technical analysis. If in this cafe you can go here.

You can also learn in other places to learn technical analysis. Just ask the same Mbah Google, here you can learn about all the technical indicators of any kind. You can find out what your favorite technical indicators and how you can take advantage of them.
These lessons will improve your technical skills in analyzing forex. Steady Coy!

You must visit the resources and gain a good knowledge of technical analysis before you start step 3.

Step 3 - Plan How You'll Trading

Now you already have knowledge about the Forex market and on Technical Analysis, it's time to decide how you want to trade. Do you want to trade daily? Do you want in a swing trade? You can learn about this here. It all depends on your personality and when you should trade. There's nothing called the best trading style. The best trading style is the one that best suits your personality. If your personality is more suited to day trading, you probably will not be any other type of merchant. If you prefer or do not have time to stay in front of your screen all day, you may be better in the style of swing trading.

So, you own only one who can decide what kind of trader you want, not someone else. If you find choosing the style of swing you have to set your goals as well as the daily period and make sure that you will commit to trading Forex with this style, woke?

Step 4 - Develop Your Strategy

This is the most important step to master the Forex market. So, you have to dedicate a large amount of time for this step.

Now that you know already know what kind of trader you want and you realize about your goals, you are ready to determine your trading strategy.

You can use your technical expertise to analyze to determine the trading strategies from scratch. Determine and test thoroughly before you make real money for it.

Step 5 - Test Your Skills With Virtual Money

Now you have a good trading strategy or a good system, it's time to begin to test your strategy.

In this step, you should test your strategy with a demo account. With this test, you will be able to know how well your strategy and you will not risk a dime. You who do not have a "market" you can download here. I chose FXOpen mt4 brokers. Please make a Demo Account. The purpose of this demo account you can read in full here. Just 100% free tiisss tis tis! This account will allow you to grow as a reliable currency traders.

Step 6 - Have a Trading Diary

Make a detailed trading diary will make you grow as a good trader. This is what allows you to learn from your experience. Both usually have a trader trading diary, while the bad traders do not care about this.

In trading your diary, you have to annotate all the trades and explain all the reasons that made you take the trade. This I have explained here.

You should also annotate the speed of your mind when you enter the trade and for trade. Is there an economic releases when you enter the trade? If so, annotate on your trading diary. Technical indicators that you use to give a signal out, and you ignored? Well, do not be shy, write in your trading diary, and learn from your mistakes. Create your own report cards, later judged alone, hihihii .... if yes write ugly to use red markers. Later umpetin course, do not have the same love to know your teachers in school huh? Wkwkkwkwkw ...

All traders make mistakes. The difference between winners and losers are the winners tend to learn from those mistakes. Losers prefer to forget about them ... Setujuuuuuuuuuuuuu! Ben, ta dhewe answer!

If you want to be a winner, you must create a trading diary and make it detailed as much as possible. You can even take a few snapshots of the graph when you enter and exit trades and post them in your trading diary, so in the future, you can see the reason why you make decisions about the trade.

In the future, you can read a diary of your trading and learn about some of the mistakes you make. This will allow you to fix mistakes on your future trading.

Step 7 - Improve Risk Management and Discipline

Risk management is very important for merchants. If you want to achieve success consistently, you need to adopt a disciplined mind about the trade and improve your risk management rules as much as you can.

Do you have dedicated your time promise yourself to the Forex market?
Do you follow the rules of your strategy? If your answers to these questions is "no", you have to dedicate some of your energy to improve your discipline. The world's best traders are disciplined. Unless you learn how to conduct themselves to the Forex market and treat it like a business, you will not achieve success.

If you can not follow your own trading rules, you will not achieve success. So, it's important for you to increase your level of discipline. Analyzing trade your diary to see if you have discipline.

Have you noticed that only one loss you can take most of the profits that you've done? If so, it's because you have a bad risk management rules. My experience was so. Kapok! Kapok! Kapok!

Step 8 - Be patient and realistic

You need to be patient and have realistic expectations about the Forex market.
The truth is that the Forex market is difficult, and unless you work hard, you will not achieve consistent results. You must treat trading Forex as a business and you need to be patient. To become a professional trader, you will need time.

Do not set an ambitious goal. If you do, you will be frustrated when you realize that you can not reach it. Especially after you loss so much. When it starts ambitious haarus kemabli at that time also, the loss will be more and more. Believe me, many times pre newbie traders feel that. Stress bener! Remember, forex is not there to this day. Why not have the patience to wait for tomorrow?

When you define your goal in Forex trading, setting goals that are ambitious, then you will be swayed by the market. If you're just starting in the Forex market, setting the goal of achieving profit at the end of the month. No matter if it's a big advantage or not, but if you could start with a profit at the end of the month, you're on the right track.

If you are just beginning and set a goal like "I will make thousands of $ at the end of the month", you are only dreaming. This is the kind of unrealistic expectation that destroyed most of the beginners in Forex. If they set a goal like that, they started taking a big risk that they will achieve their goals. The worst part is when the risk of destroying their account, and they know that Forex trading is not a get rich quick opportunity.

Patience and realistic goals is really important for a Forex trader. If you define a good goal and you have the patience to work and improve your strategy, you're on the right track. Woke?

Step 9 - Set a budget and are committed to budget

Now that you're almost ready to trade real money, it's time to set a budget. You just have to commit some money to Forex. You may not use money that would affect your lifestyle if the loss occurred. Do not be taken from funds the kitchen, then even if the loss on the same beat wkwkwkkw wife ...!

If you start trading with money that you can not afford to lose, you will be nervous all the time and you'll make more mistakes. You will not be able to follow your strategy and you'll easily get your position if it conflicts with your fear.

The only way you can start trading Forex with the calm is setting the budget. Establish a budget and commit to the budget. So, if you determine that, for example, $ 1000 is your budget, if you lose money you do not deposit per cent on any account. Return to step 1 and start the whole process step by step again. Woke?

Step 10 - Enter the Market and Accept Responsibility

Before you trade with real money, take a few minutes and ask yourself if you have completed all previous steps. If your honest answer is yes, then you are ready. Otherwise, take time to review the previous steps to improve your skills before you enter your real money at risk acceptable.

Now you are ready to trade Forex, Forex brokers to choose my recommendation and open a real account: FXClearing or FXOpen. You can use a broker is the same where you have your demo account or any satunya.It's woke ...

When you start trading Forex, you must accept responsibility. When you make money you get all the credit. If you lose money, it's not the fault of the Forex market, was not my fault (give free forex signal) hihihii .... This is your fault. You need to continue to evaluate strategies and decisions so that you can become a wholesaler.


The market is always right, and you need to remember this all the time. If you find that your actions produce positive or negative results, you will be able to see your mistakes more easily and correct them as quickly as possible.

Good luck with your trading, huh? Ameen .