Wednesday, 28 December 2016

5 Tips To Help Improve Your Forex Trading

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5 Trading Tips To Help Improve Your Forex Trading

Top 5 Forex Trading Tips

Aim this forex trading tips about 5 trading tips to help improve your forex trading from forex friend loan. Trading is absolutely a game, where you can win or lose. As similar to any other investment or business, forex trading has its own pros and cons. But, if you are with good knowledge and understanding of the Forex market and as well the forex money management, risk management, trading strategy, managed accounts, then success is definitely yours!


There are many ways to improve your trading results and also there is a number of strategies that help you having best-managed forex account. The top 5 tips to help improve your managed forex trading account are easy to understand and just as simple to implement your strategy. Correct application of the tips will result in more successful trading which of course leads to higher earning and profits, something every trader strives for.

The Top 5 Tips To Help Improve

First Trading Tips
Since Forex trading requires extensive knowledge in many areas, the first tip is to expand knowledge and look for a trading mentor. Trading mentor shows you different techniques, ways to analyze your collected information, provide a place to talk to others and also give insight on different ways of perceiving one market.

The Second Trading Tip
An extension of the first and that would be to build all the skills that you have acquired in trading. Important skills to build upon are drawing charts and patterns that help you to visualize trends and cycles.

The Third Trading Tips
Having managed forex account is to be complete when devising trading strategies and plans. Successful plans take into consideration that major events can happen which result in losses. Being prepared for any situation is essential and that includes calculating in catastrophes and history changing events.

The Fourth Trading Tip
Having prominent forex managed accounts is based on the facts included in the third one, namely that losses are possible no matter how much you analyze a situation. That is why this tip involves establishing an emergency fund which will counterbalance any negative income and still leave you the means to invest in something worthwhile comes up.

The Fifth Trading Tips
Having forex managed accounts is to simply rest and take some time to think things through.
Forex trading is strenuous and sometimes keeping up with things on a daily basis leads to bad decision making. With Forex it is better to watch for a while and rethink your plans and create new, more successful strategies.

Forex is quite similar to gambling, which results in the chance of both winning and losing! To reap maximum profit from your trading, all you had to do is implement the right strategies and adapt your mind with inclined attitude. Doing so, you possibly get the chance of tripling your income in short course of time.

5 Tips To Help Improve Your Forex Trading

Tuesday, 20 December 2016

If You Are Tired Of Losing On Your Trades Then Follow This Simple Strategy To Buy Low And Sell High

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If You Are Tired Of Losing On Your Trades Then Follow This Simple Strategy To Buy Low And Sell High

Buy Low Sell High

Are you losing forex trader? then If you are tired of losing on your trades then follow this simple strategy to buy low and sell high. Learn this simple forex blog from forex friend loan about buying low sell high trading strategy. Here’s a great ‘ten simple steps’ forex trading strategy which you can use to maximize your trading profits whilst at the same time minimizing risk to your trading capital. If you already do your own trading and can set automatic buy/sell orders then this strategy is perfect for you.

No matter which forex trading strategy you read about or try, they all share one fundamental principle, that is to buy low and sell high. Sounds simple enough, but then why do some 90% of traders manage to get in and out of the market at the wrong time, over and over and over again?

What over-powering force is in place which steers the 90% to do this? The answer is human nature and the counter-intuitive manner in which the forex market operates.
The 10% of traders who consistently make money in the forex market do so by buying when the masses are selling, and selling when the masses are buying.

They do this by following a dozen or so strategies, some simple, some more complicated. It is not within the scope of this forex blog to go into each and every strategy, but here's one anyone can use.
The links at the end of this blog point to the web page where you can see this strategy in the form of charts and graphs which make it much easier to understand. Take a look if you're finding it difficult to picture it.

Top Ten Steps For The Buy Low Sell High Strategy

1. Study the 12-month charts of several reasonably all forex pairs and pick out forex pairs that have been on a steady UPWARD trend throughout the period. There are always plenty of them, even in a falling market.

No forex is ever a sure thing, but give yourself a head start by choosing one which is going in the right direction! Fundamentals don't mean anything if the price of your chosen forex is trending downwards. Don't care what the company is or what it does. This is irrelevant, you are just here to make money, period.

2. Check out the trading volumes and eliminate any which lack decent liquidity.
Avoid forex with not much liquidity (not a lot of buyers/sellers) as you need to be able to get in and out easily and without affecting the price yourself.

3. Study the 3-month chart and check the recent levels of resistance. These are points where the forex price has peaked and then pulled back, before breaking new heights again.

4. Place a mental note to buy at a price just above the most recent top. Note you are not actually buying at this point, just making a mental note to buy when it hits this price.
The stock will need to reverse upwards again and 'breakthrough' that last resistance level to effectively 'buy you in'.
If the forex price does not reverse but instead further drops away, simply lower your 'mental buy order' to just above the resistance levels going down and wait for the forex to turn back upwards again.
The great part is the more it drops the better as you have still not bought in.
If it is a well-known company and there's temporary bad news surrounding it (anything except impending closure) you can be sure this stock will eventually bounce back and catch up with (or even temporarily over-take) its long-term trend.

When it does it will catch up quickly, over a few weeks perhaps. Follow the next steps and you will be sitting on it all the way up to next top. Gains as much as 30% are common.

5. When the forex price eventually reverses direction back up and passes up through your buy order, immediately buy at market price.

6. Now set your stop loss. Study the last couple of months of the chart and check the rising levels of support. These are points where the forex has resumed its upward direction following a pullback.

7. Place a 'note to sell' at a price just below a recent support level. Not too close but not more than 5-8% below your buying price. Your sell order is now your stop-loss.

I cannot stress more - you MUST use a stop loss. Your stop loss will protect your capital if the forex unexpectedly reverses down again. You can always get back in later when it recovers from a very deep pullback (and make even more money in the process).

8. As the forex price moves up, but as soon as reasonably possible, move your stop loss (sell order) up to your buying price. Your stop loss is now your break even. Don't do this too soon as the forex pair price may possibly test the support level above your stop loss before heading up again. Give it a few days to do that if it's going to.

9. As the forex price continues up, keep trailing your sell order up with it to just below the support levels going up.

10. When the forex price reverses direction and passes down through your sell order, immediately sell at market price. Your sell order is now your stop gain.

On a final note, one of the greatest obstacles to success will likely be you. One of the hardest things to do is to actually sell when your stop is triggered. There's always the voice in the back of your head telling you to hold on a bit longer if the price moves against you. This could be the death knell of your trading because if the price continues to fall it will erode your trading capital.

To counteract this danger you should try to automate many of these processes. Set your stops and if the stop is triggered you can find out why afterward.

If You Are Tired Of Losing On Your Trades Then Follow This Simple Strategy To Buy Low And Sell High

Monday, 12 December 2016

Why Manage Your Risk In Trading?

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Why Manage Your Risk In Trading?

Why Learn To Manage Your Trading Risk

This forex blog about why manage your risk in trading? Any analyst or trading guide will tell you how important it is to manage your risk. However, how does one go about managing that risk? And what exactly do they mean by managing risk? Here is a step-by-step guide to one of the most important concepts in financial trading.

Managing your risk can be the best way to have long term success trading in the Forex market. All traders who do not have a risk management system in place will eventually lose their money.

Something that the majority of traders will do is overlook this.  They will come in and start picking trades that make them big money.  They decide that position sizing isn’t for them because the more they make more money by using all of their account.


They start making the big bucks and living the good life. They get cocky because they believe that they can always make more money, it just rolls in.  But then when the market turns against them they are devastated.  What good is making a million dollars if you lose it all in 1 day?

Stories like that are all too common in the trading world.  To get around this you must use proper risk management. There are a couple ways you can use it to prevent the markets from crushing your account.

6 Forex Tips For Why Manage Your Risk In Forex Trading

Here is a step-by-step guide to one of the most important concepts in forex trading.

Determine Your Risk Tolerance
Never risk more than 5% of your account in any 1 trade.  If you only risk 5% of your account in every trade you can never go broke.  You can never lose all of your money no matter how many times you lose.

This is a personal choice for anyone who plans on trading any market. Most trading mentors will throw out numbers like 1%, 2% or on up to 5% of the total value of your account risked on each trade placed, but a lot of your comfort with these numbers is largely based on your experience level. Newer traders are inherently less sure of themselves due to their lack of knowledge and familiarity with trading overall or with a new system, so it makes sense to utilize the smaller percentage risk levels.

Once you become more comfortable with the system you are using, you may feel the urge to increase your percentage, but be cautious not to go too high. Sometimes trading methodologies can produce a string of losses, but the goal of trading is to either realize a return or maintain enough to make the next trade.

Customize Your Contracts
The amounts of methodologies to use in trading are virtually endless. Some methods have you use a very specific stop loss and profit target on each trade you place while others vary greatly on the subject. For instance, if you use a strategy that calls for a 20-pip stop loss on each trade and you only trade the EUR/USD, it would be easy to figure out how many contracts you may want to enter to achieve your desired result. However, for those strategies that vary on the size of stops or even the instrument traded, figuring out the amount of contracts to enter can get a little tricky.

One of the easiest ways to make sure you are getting as close to the amount of money that you want to risk on each trade is to customize your position sizes. A standard lot in a currency trade is 100,000 units of currency, which represents $10/pip on the EUR/USD if you have the U.S. dollar (USD) as your base currency; a mini lot is 10,000.

Determine Your Timing
There may not be anything more frustrating in trading than missing a potentially successful trade simply because you weren’t available when the opportunity arose. With forex being a 24-hour-a-day market, that problem presents itself quite often, particularly if you trade smaller timeframe charts. The most logical solution to that problem would be to create or buy an automated trading robot, but that option isn’t viable for a large segment of traders who are either skeptical of the technology/source or don’t want to relinquish the controls.

That means that you have to be available to place trades when the opportunities arise, in person, and of full mind and body. Waking up at 3am to place a trade usually doesn’t qualify unless you’re used to getting only 2-3 hours of sleep. Therefore, the average person who has a job, kids, soccer practice, a social life, and a lawn that needs to be mowed needs to be a little more thoughtful about the time they want to commit. Perhaps 4-Hour, 8-Hour, or Daily charts are more amenable to that lifestyle where time may be the most valuable component to trading happiness.


Another way to manage your risk when you’re not in front of your computer is to set trailing stop orders. Trailing stops can be a vital part of any trading strategy. They allow a trade to continue to gain in value while the market price moves in a favorable direction, but automatically closes the trade if the market price suddenly moves in an unfavorable direction by a specified distance.

Avoid Weekend Gaps
Many market participants are knowledgeable of the fact that most popular markets close their doors on Friday afternoon Eastern Time in the US. Investors pack up their things for the weekend, and charts around the world freeze as if prices remain at that level until the next time they are able to be traded. However, that frozen position is a fallacy; it isn’t real. Prices are still moving to and fro based on the happenings of that particular weekend, and can move drastically from where they were on Friday until the time they are visible again after the weekend.

This can create “gaps” in the market that can actually run beyond your intended stop loss or profit target. For the latter, it would be a good thing, for the former – not so much. There is a possibility you could take a larger loss than you intended because a stop loss is executed at the best available price after the stop is triggered; which could be much worse than you planned.

Watch the News
News events can be particularly perilous for traders who are looking to manage their risk as well. Certain news events like employment, central bank decisions, or inflation reports can create abnormally large moves in the market that can create gaps like a weekend gap, but much more sudden. Just as gaps over the weekend can jump over stops or targets, the same could happen in the few seconds after a major news event. So unless you are specifically looking to take that strategic risk by placing a trade previous to the news event, trading after those volatile events is often a more risk-conscious decision.

Make It Affordable
There is a specific doctrine in trading that is extolled by responsible trading entities, and that is that you should never invest more than you can afford to lose. The reason that is such a widespread manifesto is that it makes sense. Trading is risky and difficult, and putting your own livelihood at risk on the machinations of market dynamics that are varied and difficult to predict is tantamount to putting all of your savings on either red or black at the roulette table of your favorite Vegas casino. So don’t gamble away your hard-earned trading account: invest it in a way that is intelligent and consistent.

Having cash to sit on.  This is something many traders do not like to hear but you should always have some cash in reserve.  It can be there for a couple reasons but the major reason is that if you lose the money you have in the markets you will always have some cash in reserve.

So will you be a successful trader if you follow all six of these tenants for managing risk? Of course not, other factors need to be considered to help you achieve your goals. However, taking a proactive role in managing your risk can increase your likelihood for long term success.

Why Manage Your Risk In Trading

Wednesday, 7 December 2016

How Instagram Can Be Beneficial To Your Social Media Optimization Campaign

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How Instagram Can Be Beneficial To Your Social Media Optimization Campaign

Social Media Optimization

In this article we are explaining as how Instagram can be  beneficial and proves to be really a great social media platform to get most from your social media optimization campaigns.

Are you thinking of getting in on the action that is occurring on free photo-sharing social media optimization platform Instagram?  Well, you should if your company is in the business of taking massive amounts of photos while you are working around the office, visiting clients, attending events, or having co-worker bonding time.

Instagram Marketing

Using Instagram during your social media optimization campaign will give you the chance to stimulate a person’s or future customer’s emotions, and can provide them with a visual call to action; although this call to action doesn’t necessarily mean that you are making a sale.  A call to action on Instagram means that you are stirring the pot to get some feedback on what is happening in the world of your business.  It is possible to take photos of your products and put them on Instagram, but most people will be looking for photos to view and provide feedback on.
Do you desire some criticism, whether or not it is constructive?  If so, then Instagram will provide you with exactly what you are looking for.

Have new products to show off, share them on Instagram!  Better yet, are you ready to launch or promote new products and services?  These are some of the cutting-edge moments your followers may be looking for, and if they like what they see, (or they don’t) they will provide you with the feedback you are craving.

In all, Instagram can serve as the means to show how your business is creative.  Some of the best businesses to be on Instagram are those that are in the arts, the food industry, boutiques, designers, retail stores, and news outlets.  If you are involved in any of those types of businesses, you probably produce lot things people will be searching for on Instagram.  So, why not share it on Instagram, one of the new and hottest photo-sharing social media sites?

How Instagram Can Be Beneficial To Your Social Media Optimization Campaign

Monday, 5 December 2016

Set Yourself A Set Of Forex Trading Rules And Stick To Them

In just about anything we do in life we do much better if we have a clear plan and a set of rules to follow and Forex trading is no exception. The problem here though is that Forex trading doesn't have any rules of its own and so it's important for traders to establish their own set of Forex trading rules.
One of the biggest problems for the new Forex trader (and quite a few experienced traders) is that they are no real rules to Forex trading. Now in some ways that's one of the beauties of forex trading and it's nice to have the freedom to trade when you want to, to enter and exit positions whenever you feel like it, to increase or decrease an existing position and simply not to trade at all if you don't feel like it.

 Set Yourself A Set Of Forex Trading Rules And Stick To Them

But within this freedom there also lies considerable danger.
No matter what we do in life there is no doubt that we do much better if we have a clear objective in mind and a road map to get us there. However, even though having a road to follow is essential, it is also important that we have a set of rules to follow to keep us on that road and to stop us from taking a wrong turning and ending up heading off course or driving up a dead end road.

In Forex trading there's no doubt at all that traders who follow a strict set of rules meet with far greater success than those who simply 'wing it'. Also, if you speak to traders who do follow a set of rules they'll tell you that, nine times out ten, when they have a bad day it's because they don't follow the rules and, when they have a good day, it's because they stick to them like glue.

The problem is that, since Forex trading doesn't really have any rules, you have to create a set of rules for yourself.

Now exactly what rules you will lay down for yourself will depend very much on your own trading plan and your rules will need to be reviewed whenever you update your plan - which you should do on a regular basis. So what sort of rules are we looking at?

Well, you might for example decide that you will never enter a trade without ensuring that you have a stop loss order in place. You might also decide that you will only enter a trade if certain analytical conditions are met. In other words, you will not enter a trade simply because you have a feeling about it, but will only do so if the numbers tell you that you should do so. In addition, you might decide when you are in a profitable trade you will move your stop when your profit reaches a pre-determined level in order to protect your position.

These are just a few ideas and your own list will need to meet your own particular trading strategy. However, whatever shape your list takes and however long or short it is, it is vitally important that you draw up a list, having thought about it very carefully, and that you then stick to it and also review it at regular intervals.

Monday, 28 November 2016

Effective Facebook Marketing Tips to Boost Your Business

Facebook is found to be eating the web after all. You are mostly marking the shift on using facebook for marketing in place of corporations posting URLs in television commercials.

Facebook might not be regarded as one to get application for businesses but it has emerged in the form of enormously precious business tool and beneficial on using facebook for marketing. Facebook is found to be eating the entanglement after all. 

You are mostly marking the switch on using facebook for marketing in place of corporations posting URLs in television commercials. They request people to turn up on Facebook. Hence it is considered to be a personnel for using facebook for marketing. 

 Effective Facebook Marketing Tips to Boost Your Business

It is simple to understand the electric potential related to business on Facebook and review the different options possessed by business owners for using facebook for marketing. Profile Page versus buff Page The regular Facebook user makes application of Facebook for personal communications and not really for business. I attend to be one among those users. 

I provide explanation for my usage of Facebook by highlighting that one can travel me professionally on my fan pages. Hence for business one can go ahead with creation of strike out Page. citizenry who are representing their company officially would look for creation of Official Page for using facebook for marketing. You should not make application of Facebook radical. in order it is worthless using facebook for marketing. 

Moreover it is not good to form personal account for using facebook for commerce. You should make application of real sanction and you should opt for one account. The creation of Facebook Page should be done under chief Facebook login. Identification You can opt for usage of statute title for the page. However you cannot make alterations in it at a late stage. It is better to opt for reflexion of your business for using facebook for marketing. 

The application of business language unit and not funny character is helpful so that people can relate to your business. Customizing Your Profile Page You are required to customize your sports fan Page after creating it for using facebook for marketing. 

You are just required to upload biography picture and opt for filling relevant details related to business. Let people know how to hunt you and offer them a past. You can also go ahead with creation of Facebook intensify Page through FBML to attract more people for using facebook for marketing. You necessitate to go ahead with installation of Static FBML app and add custom tab. 

You are also required to learn this particular language that holds similarity with HTML for creative activity of content which appeals to customers and this is the way for using facebook for marketing. You can make application of Facebook Page in order to welcome applicants and hence Facebook serves as social destinations for all on web. 

Offer Deals You can offer sole deals to fans on Facebook for using facebook for marketing. You can choose for doing it in two different ways. You might crack deals to followers of Facebook exclusively. This is great condition of using facebook for marketing

Monday, 21 November 2016

Popular Trading Styles

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Popular Trading Styles

Finding A Trading Style That Suits Your Personality

Read through this forex blog from forex friend loan about populr trading styles of online trading for stocks, options, futures and forex. Includes short-term trading styles such as day trading and swing trading. Know more about popular trading methods such as technical trading, economist trading etc.

There are numerous methods and styles used by traders to trade. The classification of these trading styles can be done using various measures such as the products trading, buying and selling interval and methods/schemes used for trading. According to the products traded, the major trading types include stock trading, options trading, forex trading, commodity trading, futures trading, etc.

Stock trading involves the trading of equities or shares of companies via specific stock markets. Option trading involves trading of options, which is the right to buy or sell a share/contract at precise time periods under specific market levels.

Online forex trading involves the trading of currencies in pairs; that is buying one currency and selling another one according to currency exchange rate changes. Online commodity trading and online futures trading involve the trading of contracts; either for products like crude oil and natural gas or for money investments like bonds and treasury notes.


Based on the time between purchasing and selling of products online trading can be generally divided in to long-term investing and short-term trading. Usually trades with buying and selling gap below one year are called short-term trades and those with buying and selling interval over one year are called long-term investing.

The majority of online traders are short-term traders, trade equities/contracts in relation to short-term changes in value. Long-term traders trade according to company/industry growth rates.

They are generally company/industry specialists, trade in large quantities with long-term goals.

Short-term trading can be divided in to day trading, swing trading and position trading. Day trading is regarded as the most active trading style. In Day trading the buying and selling period does not exceeds one day. Day traders buy and sell stocks/contracts with in seconds, minutes or hours for generally small gains. Day trading avoids overnight risks as the trader holds no stock/option.

Day Traders Include:
(1) Scalpers – Traders who buy and sell large number of contracts/shares with in seconds or minutes for very little per share gain, and

(2) Momentum Traders – Traders who trade based on the trend patterns with in a day. Online swing trading, like day trading, is an active process. But here the buying and selling period may range from a few hours to 4 days.

Swing traders trade options/contracts in relation to minor variations in price for little more profit than day trading. Swing trading includes overnight risks of holding stocks/contracts. In position trading the buying and selling gap can range any where from a few days to weeks or months. Online position traders trades on long-term trends and company/industry performances.


They have higher risks and higher gain percentage per share to swing traders and day traders. Based on the schemes followed, trading can be divided in to

(1) Brother-In-Law Style Of Trading – Trading in accordance with the advice from brokers or other traders.

(2) Technical trading style – Trading by using advanced systems to find out historical as well as latest trends.

(3) Economist Style Of Trading – Trading according to the economic predictions.

(4) Scuttlebutt style of trading – trading based on the information extracted from brokers or other sources.

(5) Value trading style – Trading according to merits of single share/contract not to whole market.

(6) Conscious style of trading – trading by combining two or more of above styles to finding right opportunity.

Popular Trading Styles

Wednesday, 16 November 2016

My Top 7 Essential Twitter Tools

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My Top 7 Essential Twitter Tools

How To Turn Your Twitter Account From Zero To Hero With These Essential Twitter Tools

My top 7 essential twitter tools. The microblogging platform, Twitter, and how Twitter has taken the online marketing world by storm. While Twitter is pretty easy to use, there's an overwhelming amount of tools, plug-ins and applications being developed to support it. 

Generate Targeted Traffic from Twitter Tools

How can you determine which ones will best support you in your use of Twitter? I've tried to sort though all of the junk, and come up with my 7 essential Twitter tools:
Unless you've been hiding under a rock, you have probably heard something about the new micro blogging platform, Twitter, and how Twitter has taken the online marketing world by storm. The phenomenon has even spawned a new lingo, with new your new tweeps (followers) tweeting (making posts) you and discussing the state of the Twitterverse (you get the idea here).

While Twitter is pretty easy to use, there's an overwhelming amount of tools, plug-ins and applications being developed to support it. I ran across one blog that listed over 100. How can you determine which ones will best support you in your use of Twitter?

I've tried to sort though all of the junk, and come up with my 7 essential Twitter tools:

1. TwitterFox. This is actually a Firefox browser plug-in that permits you to keep up with your tweets and any direct (private) messages that come your way. Tweetdeck and Twhirl similarly help your manage your tweets and tweeps and have gotten rave reviews from users, but I prefer the simplicity of Twitterfox. All I have to do is check the Twitter logo in the lower right corner of any browser window to check my Tweets and to reply to any of them that I want.

2. TweetLater. The primary function of is to permit die-hard Twitterers to stock up Tweets that can be scheduled to be posted over a period of time. However, the reason that I like it is that I can forward the emails about who is following me to my TweetLater email address, and my will automatically get a direct message from me. I just love it when I can automate my marketing tasks!

3. TwitterFeed. This service will enable you to feed your blog posts to your Twitter account. You can control the frequency with which Twitter displays your blog post, as well as the text used to preface your blog feed. I use "Blog update" to preface my posts.

4. TwitterSearch. This site offers a quick way to search what people are posting about particular topics or keywords in the twitterverse.

5. TweetBeep. This is the equivalent of Google Alerts for Twitter, which permits you to track mentions of your name, products, company, or anything else you want to track.

6. LoudTwitter. LoudTwitter is the bridge that posts your daily Tweets to your blog Your blog takes care about the archiving of your tweets along with your other posts, which give more context. After all, if you have a blog and a Twitter, your blog is probably the core place where you want to be found and tracked.

7. While technically not a Twitter tool, I quickly tired of manually updating my status settings at all of my social networking sites. So, I began using When you update your status at, the service will automatically update your status on all of your social networking sites, like Twitter, Facebook, Plurk, Pownce, to name a few (there are 21 you can update). Depending on the number of networks you use, it will take you 10-50 minutes to connect your account to your various social network accounts.
However, once everything is set up, you simply log into your Ping account, post your update (no more than 140 characters), and your status is automatically upgraded on all of your social networking profiles. I use this tool to post Tweets, but use Twitterfox to post my @ replies to my followers.

Even though Twitter initially seemed like a fad, it's not going away. Use these tools to maximize your use of Twitter and enhance your social networking!

My Top 7 Essential Twitter Tools

Monday, 14 November 2016

The Importance of Using the Same Timeframe in Forex Trading

There are many times when I hear about forex traders opening or closing a trade using 1-minute or 5 minute forex chart when the forex market moves against them. This is not my style of forex trading as the timeframe is too short to prove anything.

The Importance of Using the Same Timeframe in Forex Trading

When the market moves against them, they will switch to 15 minutes chart to justify staying in the market for a little longer. After a while if the forex market continues to move against them, they will switch to the hourly chart to find some reasons to stay in the trade. They think that it might be just a small pullback and they have to be patient.

As the market continues to move against them, which may be more than 50 or 100 pips, they will then shift to 4 hourly or daily chart, hoping that they can find some other reasons to stay in the trade. So what happens if the market still move against the trader and is already hundreds of pips away? The next step they will find themselves in is not holding the position anymore, instead they will get a margin call because their forex trading account have not enough funds left to hold their position. 

The main issue here is that they were looking for ways to stay in a losing trade rather than closing and cutting the loss. Even if you are not using my forex trading system , you should be always using a stop loss and and holding on to a losing position.

Many new traders only think of winning in forex trading and think that they are losers if they lost a trade. This is because they do not have the right forex training and therefore do not know the correct way of trading. Professional and institutional forex traders have losing trades too and they understand that this is just part and parcel of successful trading. 

If you ask me what is guaranteed in forex trading, I will say there is a guarantee of losing and not winning! But it's the money management and the set of rules that will determine your success. You do not have to like losing, but you have accept the fact that there's is no holy grail in forex trading and not all can be winning trades.

I hope the above forex education will benefit you if you have the habit of switching time frames to stay in a losing trade. This is not a good method to keep losses small. Judge yourself based on monthly basis instead of daily basis. Be consistent in your trading system and stick to one time frame if you are using that timeframe to trade.

Thursday, 3 November 2016

Generate Leads For Your Business With Email Marketing

This article explains ways to generate more prospects and leads for your business. The ways mentioned here are email marketing and social media marketing. These methods are widely used today to reach customers and generate more leads and profit; and for good reason they work.

Is your website generating leads for you? There are new technologies being invented every day, so it becomes important for you to incorporate this technology into your business with a new approach.The internet is currently the best medium within which to improve your business it offers the best outcome for the least cost.

It is important for you to have an attractive website to channel traffic to.Without this, traffic generation efforts will lapse on the back end of the process.You have to work on effective email marketing to promote your products and services and to generate that traffic.

 Generate Leads For Your Business With Email Marketing

The advantage you get with attractive web design and great email marketing and social media marketing is new prospects for your business that first find out about you, and then get to know and trust your business through your informative and professional-looking site.

There are lots of companies that specialize in web design.You can use these companies to build you a site from scratch, purchase a ready-made site from a template or create a website of your own through easy website software like Adobe Dreamweaver.Before you start creating a web site, however, you should know the real purpose of having one.All you have to do to make a site is to do some research on the internet; do your homework and gain valuable information about creating websites.

Once you understand the principles of the website, you will be able to create a Web Design for yourself.It is good if you have new ideas that could make your website more effective and attractive than your competition.

A good web design will attract customers and valuable prospects for your business that could increase your potential earnings.Once the website is in place, you can send traffic to it and monitor your conversion rate the rate at which visitors convert into leads or customers.

This can be accomplished with, among other things, email marketing and Social Media Marketing.Lets look at the importance and effects of these two methods in generating this traffic.Email Marketing is a very cost-effective way to increase your customer traffic.This is done by sending emails to the customers that will take them to your website.

This costs little to design and even less to send out.You can use an email client such as MailChimp, Constant Contact or iContact, among others, to send the emails to ensure they arrive at their destination.

Alternatively, you can work with an expert in email marketing who will ensure that your message is on point, your emails are optimized for conversion and social promotion and that the design is professional and warm.

The main advantage of email marketing is that it reaches the customer immediately after you send it.If you keep sending regular mails to your customers, providing them with useful information, it will increase the probability of them buying your products or services again in the future.You can email them specials, or send them e-cards for birthdays, new years, and other holidays.

This will build trust and a good relationship.Among the functions of email campaigns are that you can keep track of how many emails were checked by customers and how many were ignored, track how many were forwarded to friends, and track how many customers came back to your site.These will all help you in knowing the interest of customers on your services.

The other method of reaching customers easily and quickly is through social media networking.Nowadays everybody has an account on Facebook, LinkedIn, Twitter Feature Articles, and/or other social community sites.You can have any number of likes or followers in them; it can bring a few prospects if not more to help your business going.

Wednesday, 26 October 2016

A Winning Trading Plan

Trade, Forex, A Winning Trading Plan, Building A Winning Trading Plan, Blog, Traders, Money, Plan, Trading Plan, Investment Plan, Business

A Winning Trading Plan

Building A Winning Trading Plan

So, Plan to trade forex? You need a winning trading plan. This forex blog aims to capture basic a winning trading plan from forex friend loan.

There is an old saying in business: "Fail to plan and you plan to fail." - Benjamin_Franklin. It may sound glib, but those who are serious about being successful, including traders, should follow these eight words as if they were written in stone. Ask any trader who makes money on a consistent basis and they will tell you, "You have two choices: you can either methodically follow a written plan, or fail."

If you have a written trading or investment plan, congratulations! You are in the minority. While it is still no absolute guarantee of success, you have eliminated one major roadblock. If your plan uses flawed techniques or lacks preparation, your success won't come immediately, but at least you are in a position to chart and modify your course. By documenting the process, you learn what works and how to avoid repeating costly mistakes.


Whether or not you have a plan now, here are some ideas to help with the process.

Disaster Avoidance 101
Trading is a business, so you have to treat it as such if you want to succeed. Reading some books, buying a charting program, opening a brokerage account and starting to trade is not a business plan - it is a recipe for disaster.

Once a trader knows where the market has the potential to pause or reverse, they must then determine which one it will be and act accordingly. A plan should be written in stone while you are trading, but subject to re-evaluation once the market has closed. It changes with market conditions and adjusts as the trader's skill level improves. Each trader should write their own plan, taking into account personal trading styles and goals. Using someone else's plan does not reflect your trading characteristics.

10 Steps To Building A Winning Trading Plan

What are the components of a good trading plan? Here are 10 essentials that every plan should include:

1. Skill Assessment
Are you ready to trade? Have you tested your system by paper trading it and do you have confidence that it works? Can you follow your signals without hesitation? Trading in the markets is a battle of giving and take. The real pros are prepared and they take their profits from the rest of the crowd who, lacking a plan, give their money away through costly mistakes.

2. Mental Preparation
How do you feel? Did you get a good night's sleep? Do you feel up to the challenge ahead? If you are not emotionally and psychologically ready to do battle in the markets, it is better to take the day off - otherwise, you risk losing your shirt. This is guaranteed to happen if you are angry, preoccupied or otherwise distracted from the task at hand. Many traders have a market mantra they repeat before the day begins to get them ready. Create one that puts you in the trading zone.

3. Set Risk Level
How much of your portfolio should you risk on any one trade? It can range anywhere from around 1% to as much as 5% of your portfolio on a given trading day. That means if you lose that amount at any point in the day, you get out and stay out. This will depend on your trading style and risk tolerance. Better to keep the powder dry to fight another day if things aren't going your way. (See also: What is your risk tolerance?)

4. Set Goals
Before you enter a trade, set realistic profit targets and risk/reward ratios. What is the minimum risk/reward you will accept? Many traders will not take a trade unless the potential profit is at least three times greater than the risk. For example, if your stop loss is a dollar loss per share, your goal should be a $3 profit. Set weekly, monthly and annual profit goals in dollars or as a percentage of your portfolio, and re-assess them regularly.

5. Do Your Homework
Before the market opens, what is going on around the world? Are overseas markets up or down? Are index futures such as the S&P 500 or Nasdaq 100 exchange-traded funds up or down in pre-market? Index futures are a good way of gauging market mood before the market opens. What economic or earnings data is due out and when? Post a list on the wall in front of you and decide whether you want to trade ahead of an important economic report. For most traders, it is better to wait until the report is released than taking unnecessary risk. Pros trade based on probabilities. They don't gamble.

6. Trade Preparation
Whatever trading system and program you use, label major and minor support and resistance levels, set alerts for entry and exit signals and make sure all signals can be easily seen or detected with a clear visual or auditory signal. Your trading area should not offer distractions. Remember, this is a business, and distractions can be costly.

7. Set Exit Rules
Most traders make the mistake of concentrating 90% or more of their efforts in looking for buy signals, but pay very little attention to when and where to exit. Many traders cannot sell if they are down because they don't want to take a loss. Get over it or you will not make it as a trader. If your stop gets hit, it means you were wrong. Don't take it personally. Professional traders lose more trades than they win, but by managing money and limiting losses, they still end up making profits.

Before you enter a trade, you should know where your exits are. There are at least two for every trade. First, what is your stop loss if the trade goes against you? It must be written down. Mental stops don't count. Second, each trade should have a profit target. Once you get there, sell a portion of your position and you can move your stop loss on the rest of your position to break even if you wish. As discussed above, never risk more than a set percentage of your portfolio in any trade.

8. Set Entry Rules
This comes after the tips for exit rules for a reason: exits are far more important than entries. A typical entry rule could be worded like this: "If signal A fires and there is a minimum target at least three times as great as my stop loss and we are at support, then buy X contracts or shares here." Your system should be complicated enough to be effective, but simple enough to facilitate snap decisions. If you have 20 conditions that must be met and many are subjective, you will find it difficult if not impossible to actually make trades. Computers often make better traders than people, which may explain why nearly 50% of all trades that now occur on the New York Stock Exchange are computer-program generated. Computers don't have to think or feel good to make a trade. If conditions are met, they enter. When the trade goes the wrong way or hits a profit target, they exit. They don't get angry at the market or feel invincible after making a few good trades. Each decision is based on probabilities.

9. Keep Excellent Records
All good traders are also good to record keepers. If they win a trade, they want to know exactly why and how. More importantly, they want to know the same when they lose, so they don't repeat unnecessary mistakes. Write down details such as targets, the entry and exit of each trade, the time, support and resistance levels, daily opening range, market open and close for the day and record comments about why you made the trade and lessons learned. Also, you should save your trading records so that you can go back and analyze the profit or loss for a particular system, draw-downs (which are amounts lost per trade using a trading system), average time per trade (which is necessary to calculate trade efficiency) and other important factors, and also compare them to a buy-and-hold strategy. Remember, this is a business and you are the accountant.

10. Perform a Post-Mortem
After each trading day, adding up the profit or loss is secondary to knowing the why and how. Write down your conclusions in your trading journal so that you can reference them again later.

The Bottom Line
Successful paper trading does not guarantee that you will have success when you begin trading real money and emotions come into play. But successful paper trading does give the trader confidence that the system they are going to use actually works. Deciding on a system is less important than gaining enough skill so that you are able to make trades without second guessing or doubting the decision.

There is no way to guarantee that a trade will make money. The trader's chances are based on their skill and system of winning and losing. There is no such thing as winning without losing. Professional traders know before they enter a trade that the odds are in their favor or they wouldn't be there. By letting their profits ride and cutting losses short, a trader may lose some battles, but they will win the war. Most traders and investors do the opposite, which is why they never make money.

Traders who win consistently treat trading as a business. While it's not a guarantee that you will make money, having a plan is crucial if you want to become consistently successful and survive in the trading game.

Thank You and Full Credit to Matt Blackman and Investopedia

A Winning Trading Plan

Monday, 24 October 2016

Learn to Trade Forex Successful Using the 4 Types of Forex Trading Indicators

If you are already an experienced forex trader, are you using the correct combinations of technical indicators to help you profit consistently in the forex market? If you are still not sure, we'll 

Learn to Trade Forex Successful Using the 4 Types of Forex Trading Indicators

If you are already an experienced forex trader, are you using the correct combinations of technical indicators to help you profit consistently in the forex market? If you are still not sure, we'll discuss the following 4 different types of forex technical indicators below:

1. Trend Indicators - Also known as Directional Indicators. I have always reminded my students, 'Trend is your best friend and always trade in the direction of a trend'. A forex trend may be quite subjective to different traders as they may have different views on trendiness. So those trend indicators out there in the forex market can help traders detect the starting and ending of a trend. Some of the more popular trend following indicators includes MACD (Moving Average Convergence Divergence), MA (Moving Average), Parabolic SAR. Depending just on trend indicators is not enough, you may need Momentum Indicator(s) to enter and/or exit a trade.

2. Momentum indicator - Also known as Strength Indicators. It is described as the speed of a move in price over a period of time. They are oscillators which are able to indicate whether the forex market is in the overbought or oversold regions. If they have risen to the overbought zone, there is high possibility that the price will be going down, and if they have fallen to oversold zone, there is high possibility price will be going up. Some of the more popular oscillating indicators in forex trading include Stochastic, Momentum, RSI (Relative Strength Index), CCI (Commodity Channel Index).

3. Volatility indicators - Also known as Bands Indicators. Often, a change in volatility will lead to a change in price. Therefore, we can see how active the forex market is just by looking at the price ranges. You may want to trade when there is a dramatic change in price movements, which suggests that the market is actively trading forex. Some of the more popular Volatility Indicator includes BB (Bollinger Bands), ATR (Average True Range), Envelopes.

4. Volume indicator - They are used to show the volume of forex trading and are useful to confirm the direction of a trend, a reversal or a breakout. Price movements increase when the volume increases, low volume may warn of a reversal in a forex trade. If a currency pair trades from a narrow range and then breaks out on high volume, this is a strong signal and may suggest a breakout. Some of the more widely used Volume Indicator includes Demand Index, Chaikin Money Flow, Money Flow Index, Ease Of Movement, OBV (On Balance Volume).

I'm sure that after the above discussions, you should have a better idea of the different types of forex technical indicators. While they can greatly help you in technical analysis and make trading decisions, I want to stress that NO forex indicators is holy grail. The indicators are just a confirmation of history and a guide for the future. Most importantly, you need to know the right combination of the forex technical indicators to get you profitable consistently in the long haul. You can find a forex trading system which has a very good combination of indicators in my forex ebook which I give for FREE. Good trading to all.

Wednesday, 19 October 2016

How To Create Redirect Pages For Your Affiliate Links

How to Create Redirect Pages for your Affiliate Links, How To Promote Your Affiliate Links, Make Money Posting Targeted Contents, Affiliate

How To Create Redirect Pages For Your Affiliate Links

As an ... I use ... links at various places ... my web site, in emails and in other online ... These ... links are usually long and have a number or word to define who

As an affiliate I use affiliate links at various places throughout my web site, in emails and in other online 
promotions. These affiliate links are usually long and have a number or word to define who the affiliate is. 

As well as using these ‘direct’ affiliate links I have also used redirect pages (or what I might call ‘indirect’ affiliate links) on my web site as well. These are blank web 
pages whose sole purpose is to redirect the visitor to the affiliate page.

Make Money Posting Targeted Contents

I recently did a comparison between direct affiliate links and redirect pages and the results were astounding! 

The redirect pages outperformed direct affiliate links about 2 to 1 when placed in the same position on my web site. This meant twice as many people were clicking the indirect affiliate 
link as were clicking the direct affiliate link. Why?

I have no idea about the logic behind this but it appears that visitors are less inclined to click a link when they know it is an affiliate link. They would rather have the thought in their 
mind “I want to buy direct”. 

I must admit I do not think like this because I have bought many times through affiliate links but I guess I’m an affiliate so perhaps I think differently to people who are not affiliates.

So if redirect pages work so well, how do you create one? 

It’s really simpler than you might think. 

First, create a new web page on your site. Just leave it as a blank page. 

How To Promote Your Affiliate Links

Then just put the following piece of code between the header tags:


You will need to replace the URL “” with 
your own affiliate program link. 

If you are in 5 different affiliate programs you will need to set up 5 separate pages for each affiliate link. 

Now you can use each redirect page link in your promotions instead of the affiliate link. 

When someone clicks on your redirect page link the following 2 things happen:

1. They get taken to your redirect page which is a blank page. This lasts a few seconds. 

2. The command in your header tag then forwards the visitor directly to the affiliate site. 

The best thing about redirect pages is they do not look like affiliate links. They just look like normal pages. For those people that DO have a problem buying through affiliate links
they are unaware that the redirect page is actually an affiliate link. 

Try using redirect pages for your affiliate links. I think you’ll be pleasantly surprised by the results.

How to Create Redirect Pages for your Affiliate Links, How To Promote Your Affiliate Links, Make Money Posting Targeted Contents, Affiliate

Tuesday, 11 October 2016

Do People Make Money On Twitter

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Do People Make Money On Twitter

Turn Your Twitter Account Into Make Money

Do people make money on twitter. Thinking of how to make money using Twitter? This blog will be helpful in understanding what Twitter is and how you can effectively use it to generate targeted traffic for your online business. More traffic will bring in more customers and eventually increase your profit.

First of all, Twitter is one of the fastest growing websites today. Different types of people simply love this website because it serves as a great way for them to communicate with other people from different parts of the world.


Twitter is basically a free social networking website where it allows members to send and also read messages that are called tweets.

The tweets are available for a person’s follow to view. They can be friends or family members or just about anyone you know.

The great thing about it is that you can also restrict the messages to certain groups or friends to see. And because of the fact that twitter is free and easy to use, a lot of people use them.


People today are now taking advantage of Twitter by advertising their products or to promote their businesses.

You can even use Twitter to advertise your webpage or website in order for you to get targeted traffic flowing into your website and start making some money.

Tell them about your promotions, if you have a sale, or just subtle hints of why they should check out your site. As you can see, Twitter is a very useful tool for internet marketers.

Once you collected enough followers, you will be able to start getting your followers to visit your website and click on links to your affiliate website and start earning some cash.


So, if you are an internet marketer who is trying to figure out how to get targeted traffic in your website, you may want to consider using Twitter.

Through this networking website, you will be able to get followers and eventually generate targeted traffic in to your website, which is highly essential in becoming a successful internet marketer.

Do People Make Money On Twitter

Monday, 10 October 2016

Chart Simple Moving Average To Your Currency Trading Program

Chart Simple Moving Average To Your Currency Trading Program, Chart, Simple, Moving, Average, To, Your, Currency, Trading, Program, Trend, Trader

Chart Simple Moving Average To Your Currency Trading Program

Why My Chart Simple Moving Average To Your Currency Trading Program Is Better Than Yours

Chart simple moving average to your currency trading program. Technical chart trading is very popular among experienced trading where they use it to determine the support and resistance and the trend of the stock or currency. When combine with a number indicator and different time period, will yield very positive results in trading.

Simple Moving Average
This is one of the most frequently used indicator for charting any time frame. Simple moving average or SMA is actually adding up the total no. of currency price and divide by the total no. currency time frame. For example 10 SMA meaning 10 time frame of the selected chart, add all the 10 currency price together, then divide by 10 to get the average, thus we call it simple moving average. All the weight age of the last 10 time frame are equal. 

9, 18, 50 and 200
Continuous SMA will show the  trend for the currency for the last few designated time frame. Commonly used time frame are 9 and 18 together with 50 and 200. Both are used in pairs to show the short term movement and long term movement. Crossing of 9 and 18 SMA are commonly refer to start of a up trend or down trend, while crossing of 50 and 200 SMA will refer to end of a down trend or up trend.

SMA on high and low
This indicator can also applied to daily or hourly high and low prices. Especially useful when setting the profit target and stop loss when trading channel and trending market. With high SMA and Low SMA, you can easily see a channel of upper limits and lower limits. Similar to Bollilinger Bands but are average base on last few high or low price instead.

Use together with Relative Strength Index (RSI)
When using this indicator with RSI, it can indicate the point of reversal for a trend. RSI peaks at 20 and 80 value, will show sign of weakening of the trend with SMA changing direction. By applying trade executing when the indicator show changing trend, trader can earn huge profits if enter the market early when the trend begin to change.

SMA with Open and Close
Some trader uses the open and close price as a time indicator of the trend for that day or hour. Will simple moving average as a median point line, currency that opens with gap in their open and close (previous time frame), below or above the median point will indicate a possible increase/decrease of the price due to news or fundamental influence. This is a great catch for automated trading.

Moving Average Convergence-Divergence (MACD) =  SMA (Y) – SMA (X)
This indicator take 2 simple moving average with different timeframe, by subtracting the short and the long timeframe indicator, it show an momentum on the currency trend. Sign of entering trades are when the 2 different indicator cross over each other or cross over the zero line. This will indicate the beginning of trend and the ongoing of the trend respectively. If use wisely, traders can enter a lot of profitable trades during strong fundamental backing of the currency. 

Note: MACD uses exponential moving average and in this articles is simply for easiler understanding. Trader are to check the correct algorithm of the indicator prior to using it for his trading purpose.

Chart Simple Moving Average To Your Currency Trading Program