The forex or currency trading market is the largest financial market in the world with an estimated $4 trillion traded daily, dwarfing the daily volume of any global stock market. In the past, forex markets were available only to large corporations, governments, central banks and hedge funds but the spread of the internet in the mid 1990s made it possible to trade currencies electronically, anywhere in the world, 24 hours a day, with no physical exchange needed. The easily accessible internet spawned the birth of online trading which now offers even the smallest trader access to the financial market place.
FOREX stands for Foreign Exchange (Foreign Currency Exchange). The Foreign Exchange Market (FOREX) is the largest financial market in the world. But, what is a currency? What operations can be found in the forex market? What advantages can we draw from this market?
When buying stocks and bonds, the goal is to profit from dividend and interest income and appreciation in value. In the forex market you buy or sell currencies which are traded in pairs, with the goal of trying to profit from appreciation or depreciation of one currency versus the other. Knowing when to buy or sell a currency may appear daunting for those unfamiliar with the forex market but there are some basic guidelines forex traders use to spot trading opportunities.
A Government plan to help boost the housing market has been branded "very dangerous". The Institute of Directors say underwriting the mortgages of buyers' risks artificially inflating housing prices. VoR's Daniel Cinna reports.
"When I started in the markets, wrote in 1986, the first thing I did was make a list of rules, which were born from mistakes made in my first operations. These rules were expanded to 16 for knowing what to do and not do at certain times.
The internet boom, the boom of mobile devices and the reduction of the market of personal computers end up with the leadership of the Windows monopoly.
Suelos de Moscow hizo ligeras ganancias ya que tanto el MICEX y los índices de estrategia en tiempo real treparon hacia la recuperación. El MICEX ganó 0,13 por ciento y se cerró a 1,377.69 y de la RTS basado en el dólar terminó fuerte de hasta 0.58 por ciento, a 1,320.95.
El Banco del nuevo gobernador de Inglaterra, Mark Carney, está a punto de cometer un gran error, de acuerdo con Nick Beecroft, el Presidente de Saxo Capital Markets. Ese error consiste en emitir una guía a seguir.
In the last two weeks the oil reserves in the United States fell at a record for the last 30 years. According to analysts, the oil companies manipulate data and await the right time to launch the oil to market.
China and Russia joined to fight the dollar as reserve currency par excellence. This judgment issued by the prestigious American trader Russ Winter, who claims that Beijing and Moscow would already shaping the first part of a plan against the hegemony of the dollar on world markets.
While still growing investment and persistent high oil prices, recent indices and analysis of the oil market demonstrate that extraction and profits fall considerably.
1) NO reading financial newspapers or economic news published in other newspapers to not poison our minds and so keep it clean for trading. Today there are many media that give us information such excess scattering, very easily, making our attention very difficult to distinguish between the important and the superfluous.
=> In 5m. go "long" at the end of descents of 3/5 or more red candles followed when the maximum of the last candle overcomes the half of the red body of the previous candle and the closing (of the red candle) is very superior to his minimum. In addition, this latter red candle, must be overcome by a green candle and to this one follow, indistinctly, another green candle of confirmation or a red small candle.
The RSI or Relative Strength Index is the most popular technical indicator created by Welles Wilder. His name is not too fortunate for that can induce to the error, as this relative strength is measured not referred to any other value or index, but that is an internal own measurement.
Time Frame: To scalping and long term
Currency Pairs: All
Indicators: William's Percent Range - %R (200) OsMA (20,40,10), 50 EMA (EMA = Exponential Moving Average)
As mentioned in the previous article, the EMA acts as support or resistance levels dynamic where the price tends to bounce, ideal to place our stop loss, or our trailing stop.