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Tuesday, 5 December 2017

Having Trouble Build A Winning Trading Strategy

How To Build A Winning Trading Strategy, Having Trouble Build A Winning Trading Strategy, Forex Blog, Forex Friend Loan, Trading Strategy

How To Build A Winning Trading Strategy


Having Trouble Build A Winning Trading Strategy


This forex blog from forex friend loan will walk you through about how to build a winning trading strategy that the key components and benefits of a forex particular trading strategy.

When starting to trade Forex, the trader must build first his own forex trading strategy. This is important especially for beginner traders. The forex trading strategy is considered like a plan that identifies how the trading will go. This includes identifying the analytical ways the trader will use to know the currency pair trend. It also identifies how the money in the trading account will be managed. Here are considered general steps to build your forex trading strategy.

HAVING TROUBLE BUILD A WINNING TRADING STRATEGY

A Forex Trading strategy, if properly developed and followed will allow you to survive and make progress in the forex market. Without a strategy, you will be at the mercy of the next exciting story or be chasing a breakout (which can turn out to be a trap.)

One of the best analogies I heard to trading was to imagine yourself as a hunter who lived in a secluded cabin in the woods.

The hunter knew they would only be able to eat what they killed and that many of the animals were dangerous, so they needed to plan their attack with precision. The precise plan involved them only exiting their cabin when they a wounded animal passed nearby so they could leave the cabin, kill their prey, and take it back for food without too much risk on their part.

The connection of the hunter in the woods to trading is necessary. You should always be looking for the best set-ups, which are never guaranteed to produce a profit but are opportunities with controlled risk. Continuing with the analogy, a trader without a trading strategy is like a hunter without a cabin, always exposed to attack and likely trying to hunt animals that outmatch him and thereby present a negatively skewed risk.

Having trouble build a winning trading strategy? So how do you build a winning trading strategy that keeps your risk minimal while allowing you to trade the forex market?

You need to identify a handful of key trading aspects that suit your skill-set best. Let us see first what makes the forex trading system a successful one. It must have three main features:

1. It must be simple: when building the forex trading strategy, be sure to make it simple. A complicated analysis will confuse you and lead you to fail. The number of technical tools you use to identify the trend must be two or three at most.

2. It must go up the profits and cut the losses: when you see a trend and use the forex trading system you built, it must continue opening the deal if the profits going high and close the deal if the losses going on.

3. It can follow long-term trends: long-term trends earn more money to make the forex trading system follow long-term trends.


My 5 Steps To Build A Forex Trading Strategy


1. Your Method
This means the rules you use to identify the trend and the how the money is managed in the forex account. As stated above, it must be simple to ease the usage of it.

Identify your analytical techniques: in forex trading, currency pair trend prediction is the key to be successful in forex. If you are well able to predict where the currency pair will go in the future, you will be able to earn money.

There are two basic ways to use: fundamental analysis and technical analysis. Fundamental analysis means to track economic news of the countries that own the currency you are trading and use the news you are reading or hearing to measure the economy of that country. This way is suited for long-term trades or trades that use large time intervals such as weeks or months.

On the other hand, technical analysis uses the charts directly to predict the trend of the currency pair you are trading. Every forex trading chart supplies you with huge tools that allow you to read the chart more intelligently. These tools can be studied in any forex contexts but the most common are the moving averages, the pivot point analysis, the MACD, the stochastic indicator, and the RSI indicator.

In an analytical analysis, you just identify two or three tools from the tools mentioned above and add them to the chart. This will allow you to study the chart and know the currency pair trend. When choosing the analytical tools, you must not use too many tools because this will make the analysis complicated. Only two or three tools are sufficient.

Second, the analytical methods which will be used during forex trading must be planned carefully. This step is considered the most important one in the forex trading strategy.  It can be fundamental or technical schemes. The technical analysis depends on analyzing the curve of the currency pair price which will be traded. It uses technical schemes in order to predict the price movement in the future based on the history of the price. The most popular schemes are simple moving average, exponential moving average, stochastic, Relative Strength Index, MACD, and pivot point trading. The fundamental analysis depends on economic news analysis

DOUBLE YOUR PROFIT WITH MACD

2. Use Breakout In Your Strategy
The term breakout is used to mean that the price is reached a level that the price can go beyond it for a long time. If breakout occurred, then there is a long probability that it will continue largely in that direction. The forex trading system that you build using that fact can do well.

3. Identify The Time Entry
an entry point is a price you enter a deal at it or the price at which you buy or sell. When building a forex trading system, one of the basic factors to consider is when to enter a trade and when to exit a trade. If we use the breakout condition in our system, we can identify the entry point as the breakout point. To confirm, we can wait until the high stochastic crosses the low stochastic.

4. Identify When To Exit
You must also define the exit point in your forex trading system. If you use breakout on your system and entered a trade, you can monitor if the price goes above the breakout point. If it does it will turn into profits. If it goes below don’t exist below the breakout level at the same time. You can wait for one day and exit if it reaches after one day assuming you are working with the weekly chart.

5. Money Management
This topic is one of the most important things to consider when building the forex trading system. What is meant by money management is to know the percentage of your money to enter a trade with, the percentage of risk and the number of profits to take. This can differ according to the account size.

The following weeks will break each of these strategy components down so you will know how to develop a style custom suited to you. Just like a set of golf clubs that aren't fit your body-style can wreak havoc on your golf game, trying to fit someone else's plan that has shown success because it was suitable to their skill-set could produce horrible results for you.  If you're brand new to trading and currently are working on a demo account, this will still be a great benefit to your trading.

Know that you know the components of a trading plan that are needed; here is a breakdown of the benefits. First, with a well-thought-out trading plan, you will be able to monitor your open trades with ease according to your trading plan. Secondly, a trading plan can introduce consistency that can help you turn your trading into a business. Lastly, a trading plan will help you qualify current market opportunities as well as knowing which opportunities are NOT worth trading.

I'd like to leave you with a quote from one of the best books on trading psychology in the market, Trading In The Zone, by Market Douglas.

"If there is such a thing as a secret to the nature of trading, this is it: At the very core of one’s ability
1) to trade without fear or overconfidence,
2) perceive what the market is offering from its perspective,
3) stay completely focused on the “now moment opportunity flow,” and
4) spontaneously enter the “zone,” it is a strong virtually unshakeable belief in an uncertain outcome with an edge in your favor.

The best traders have evolved to the point where they believe, without a shred of doubt or internal conflict that "anything can happen."

How To Build A Winning Trading Strategy


Tuesday, 28 November 2017

How To Catch Trend For Big Gains

How To Catch Trend For Big Gains In Forex, How To Trade A Strong Trend, Forex Blog, Forex Friend Loan, Forex Market, Forex, Trend, How To

How To Catch Trend For Big Gains


How To Catch Trend For Big Gains In Forex


This forex blog from forex friend loan will look at the most important key to success in the forex market about how to catch trend for big gains in forex.

Recognizing positive trends is difficult in the forex market, getting in or out too late could mean your entire bankroll. You do not have to be the best of the best in order to make a profit, but you do need to get in at a low enough point and get out at a high enough point to make a profit. If you do not recognize the right forex trading strategy, you will wind up getting buried and be out of the game before you ever even got your feet wet.

If you take the proper precautions before trading you can help yourself a great deal. I personally know a number of traders who have been interested in getting into the forex market but don't want to stake the risk associated with it. I've been a regular forex trader for a few years and stand by my claims that there's only as much risk as you leave room for. If you take the proper precautions before trading you can help yourself a great deal.

A trend indicator is an important tool which I use daily in each of my forex campaigns. For those who are unaware, this is a program which you use in conjunction with your campaign and it essentially predicts where the market will go before it happens. If you read and use this information to its full potential, you can dominate sects of the market.

CATCHING BIG TREND CAN BE EASY WITH THE RIGHT FOREX INDICATOR

We shall look at how to trade the trend in forex.

It has happened to us all before. We open the charts to see what the market holds in store for the day, and all that beams back to us is a confusing maze of candlesticks with no apparent pattern. When confronted with such a chart, the dilemma for the trader is whether to go long, go short or stay out of the market altogether.

Now to the untrained eye, it may all look pretty confusing, but it actually is not. Opportunities can be found in the midst of strong trends by following the steps set out below.

The first step is usually to establish that the asset has some form of a defined trend. This can be detected on a long-term chart if we see the candlesticks that depict price movement making higher highs and higher lows (uptrend) or making lower highs and lower lows (downtrend).

There are basically two things that can happen when an asset is a trend:

a) It will keep on trending strongly and only allow the trader to buy on dips and to sell any rallies.
b) The trend may dissolve into a period of consolidation, after which it either continues in the pre-existing trend or experiences a reversal.


How To Trade A Strong Trend In Forex Market


A strong trend usually occurs when there is a very strong fundamental force driving the currency pair which lingers in the market for a long time. When there is a strong trend in the asset, the best bet for a trader who wants to capitalize on what is going on is to buy whenever there is a dip in the price of the currency pair, or sell whenever there is a brief rally. What does it mean to sell a rally and buy a dip?

1. Buying The Dips, Selling The Rallies
Buying a dip and selling a rally is simply a popular market lingo which means to buy low and sell high. The buying at lows is done in a currency pair that is in a strong uptrend while selling at highs is done when the asset is in a downtrend. The driving force behind buying dips and selling rallies is that the price of an asset never moves in a straight line, but sometimes huffs and puffs along the way as it marches to its new levels. Such “huffs and puffs” as we call it are simply periods of profit-taking when traders who got into trades following the trend at an early stage have made some money and want to cash out some or all of it. At other times, some market events may make a good proportion of traders to have a rethink, or to re-evaluate positions before continuing to hold on to them. Sometimes there is a little of trade exiting and the entrance of new traders or addition to existing positions by those who still believe there is more money to be made on the trend. All these accounts for the brief periods when there are pullbacks that present the opportunity to either buy on dips or sell on rallies.

Now is it wise to simply buy on dips and sell on rallies? No. The dips must be buyable and the rallies must be sellable, otherwise what the trader may think was a dip to be bought or a rally to be sold may turn into full-fledged trend reversals which will cause the trades to end on the losing side. It is, therefore, good practice to use confirmatory filters for such trades. One way I do this is to look for the following:

a) Where such a retracement dip or retracement rally exists. For this, I use the Fibonacci retracement tool. I also consult lower time frame charts to confirm that there is indeed a retracement going on. If you use the daily chart for this, there may be some confusion as candles may be too close together to allow for visualization of clear retracements. Sometimes, only a single candle will show this retracement action, but if the lower time frame chart is used, what may look like a small single candle movement may well be a 300 pip retracement! Do not forget that in a daily chart, one candle represents the price activity for a whole trading day.

b) If the time is right to buy a dip or sell a rally. This is best deciphered by using oscillators that show where the asset is oversold or overbought. My favorite here is the Stochastics oscillator set to 10,3,3 which shows oversold status at 25 or below, and overbought status at 75 and above.

It is quite easy. Apply the Fibo retracement tool from swing high to low (downtrend) or from the swing low to high (uptrend). Then apply the Stochs oscillator, and look for where the price hits a retracement level when the asset is oversold to buy the dip, or when the asset is overbought to sell the rally.

Buy the dip…
Apply the Stochs oscillator, and look for where the price hits a retracement level

Sell the rally…
Sell the rally

Remember to always buy the dip in an uptrend, and sell the rally in a downtrend. Do not get these mixed up.

2. Trading The Breakouts
As identified earlier, there will be periods when the asset goes into consolidation as if unsure of what to do next. It may stay in consolidation for some time, presenting yet more opportunities to either buy low or sell high. Once the currency pair has made up its mind to keep moving like a traveler who just completed a stopover en route to the final destination, it takes off once more in the direction of the initial trend. This is a breakout and is yet another way to trade a strong trend.

We can see the initial trend, followed by a consolidation period and then a breakout. Within the area of consolidation, we can see the areas where the trader can buy on dips and sell on rallies. It is not hard to see why this is the case: there are a well-defined support and resistance, something which is not obvious if you are trading an active trend where the dip buying and really selling points must be deciphered as described above. Furthermore, there are other chart patterns which are classical continuation patterns where the price consolidates within their boundaries and eventually breaks out. Such continuation patterns are the ascending/descending triangles, flags and pennants.

Here, we are more concerned with the breakout. In a breakout, the trader is actually buying into highs and selling into lows, a direct opposite of the dip and really trade described above. You could call it selling the dips and buying the rallies. But why would this be another trading strategy for trading the trend?

Breakouts are usually the result of market fundamentals driving the asset in the direction of the initial trend. It could be due to a high-impact news release which drives traders into mass buying or selling following a period of waiting (the consolidation). It could also be due to technical plays where more players in the market assume a buying posture than a selling one (ascending triangle, bullish flag, bullish pennant) or assume a selling posture than a buying one (descending triangle, bearish flag, bearish pennant).

Whatever the case, a breakout presents fantastic trade opportunities. We have written about this in some of our earlier posts. It is easy to confirm if an asset has truly broken out or merely performed a fakeout move. Refer to our article on breakout trading to refresh your memory about how to identify a true breakout (which is tradable) and a fakeout (which is a trap).

We can clearly see the breakout bullish candle which produced the key to trade entry.

Conclusion
In summary, You can get in a profitable trade at the ground floor, then get out right as it peaks before it comes back down. This is the secret to success and owning this market, it's been the same for years ever since people began trading, but now thanks to trend indicators it's a great deal more reliable to trade this way, in getting back to reducing the risk factor.

When you open your charts for the day, first determine what the trend for the asset is. Then assess its suitability for a breakout trade or for a buy on dip/sell on rally strategy. With a little practice on a demo, the charts will not faze you anymore and you can then use the knowledge to make profits for yourself and transfer knowledge to others for a fee if you like.

How To Catch Trend For Big Gains


Wednesday, 22 November 2017

Working Smarter To Boost Blog Traffic

Working Smarter To Boost Blog Traffic,  How To Boost Blog Traffic, Blog, Forex Friend Loan, Home Business Blog, Marketing, Internet, How To

Working Smarter To Boost Blog Traffic


How To Boost Blog Traffic


Let's review this blog from forex friend loan about working smarter to boost blog traffic. A home business blog is a great vehicle for becoming successful when marketing on the internet. One of the biggest challenges, however, is maintaining a constant flow of blog traffic to grow both your subscribers and sales.

Operating a home business blog involves effectively completing numerous tasks if you have intentions of successfully marketing on the internet. The root of your success will be in the amount of blog traffic you can attract. Immediately behind this will be the amount of loyalty you can generate with the blog reader to continue to return to your site.

A steady and returning flow of blog traffic is what is needed to firmly establish the site. There are many 'strategy' available in which you can generate traffic to your site, some are effective while others take more time than they are worth. One thing that goes without question, however, is that the foundation of the blog building process is built upon posting good quality information. Attracting visitors is one thing but giving them a reason to return is the role that the quality of your blog posting needs to fill. Since maintaining a blogging platform at the least takes a good amount of time, it is important to learn to work as efficiently as possible!

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If your blog posting habits consist of frequent and quality updates than you are halfway home to increase your flow of traffic.

Some of the most effective ways to increase blog traffic are actually quite simple and strategic in nature. In fact, some of these techniques should already be part of your blogging routine. Let's review 18 straightforward and uncomplicated blogging tips you start using today to increase your traffic and keep your readers returning and also building your list of subscribers.


18 Powerful Ways To Boost Blog Traffic


1. Use Keywords To Increase Blog Traffic
First, you want to use keywords throughout your blog. Doing so will not only draw readers to your blog but it will bring in individuals who are interested in the topic areas which your blog covers.

2. Give Your Readers A Reason To Visit Your Blog
In addition to offering free e-books via your blog, you want to find other ways to get readers to visit your blog. Try offering contests and valuable information which visitors will want to take advantage of. If they find that your blog is helpful they will keep reading it and tell their friends about it also which will increase blog traffic to your site.

3. Post Content Worth Viewing
As was mentioned above, at the core of the blog building process is quality information. Oh sure you can post just about any low-grade content you want, but when people come to view it, they will likely not return! First and foremost make sure your site is worth the visit!

4. Bookmark Your Best Posts
Creating good content for your blog posting needs will be time-consuming therefore you want to manage your time wisely. No matter how great the information you post may be, it will do you or anybody else little good if nobody knows it exists! You need to generate traffic and this task can also be time to consume, so here is where you learn to work smarter. Post your updates to social bookmarking sites and let the site members help you circulate it online. Of course, you only want to post quality information, but that should not be a problem since all your content will be of a high grade, right?

5. A Tweet Is Sweet
Little time or effort is needed to notify your followers on Twitter of your latest blog entry. If your post is intriguing enough they will share it with their followers as well! You do not necessarily need to have a large following for this to be effective, as long as others share your content. Just be sure what you post is worth sharing and you are good to go! There is something to be said about the amazing viral powers this particular social network site has!

6. Post 'Pillar' Articles
Upon the launch of your site, it is often suggested to compose a series of article-length posts to establish some immediate quality content to your site. These 'pillar' articles target teaching the reader something while helping to help the author develop some credibility.

Consider making it a 'periodic' habit of incorporating these types of entries into your blog posting routine. An occasional 'infusion' of such quality content will add to the satisfaction of the readers and increases your blog traffic.

7. Leave Comments On Other Blogs
You should already be visiting other blogs in your niche to get new ideas on topics and layout designs so become involved in their discussions. When appropriate leave comments that are useful and/or insightful for the other readers. In doing so leave a signature card that reflects a link back to your site. Over time if your comments are good enough people will visit your link to find out more about you and what you do.

8. Encourage Comments
Always allow comments on your site and encourage people to leave them. By letting the blog reader know you want to hear from them you are promoting more interaction on your site. Upon seeing signs of such interactions many visitors 'passing by' are then tempted to stick around and participate.

Remember blogs are first and foremost sites where visitors like to congregate and interact so ALWAYS promote that atmosphere!

9. Post Regularly
Post to your site on a regular basis so your readers will know what to expect from you. The fresher the content you have on your blog the more often not only will readers visit but also search engines. You now are developing a stronger loyalty to the reader while also increasing your search engine ranking. All this will ultimately add up to more readers which add up to more income if that is of any interest to you!

10. Elicit Comments
When blog posting does not be afraid to rattle cages or ruffle feathers with your readers. You want to 'stimulate' your readers with entries that get them thinking which will compel them to comment. The more they comment the more involved in your blog posting they will become therefore the more likely they will continue to return.

11. Respond to Comments
Do not leave your readers 'hanging' if they comment on something and you do not respond. This is not to say you need to respond to every comment but on only those that warrant a reply. The interactivity of a blog is what makes them so popular so do not kill this spirit by neglecting to reply when appropriate.

12. Invite Guest Bloggers
Be open to inviting an occasional guest blogger to leave a post on your site. This will help to 'spice' things up on your blog by injecting new 'blood' or perspective into it and will serve to increase the interest levels of your readers. It will also give you a new source of content and probably a much-needed break from your blogging duties.

13. Optimize Your Content
By selecting those keywords and phrases that are most relevant to your content you have a great start at optimizing it with these keywords. By taking your selected keywords you want to 'strategically' place them throughout the body of your post where the words fit in the best. Do not attempt to just stuff them into your content without careful consideration of where they are being placed. Your post will not make sense from a grammatical standpoint which will reflect upon you as a writer.

You do want to choose a primary keyword and place it in the title of your post.

By correctly choosing and placing your keywords you will be making your site more search engine friendly thereby making it easier for your content to be found and ranked. This, in turn, will result in higher rankings for you translating into more search engine traffic.

14. Page Linking
Your site will have multiple pages and it is best to make the effort to link these pages when you can. Page linking results when you place a link from one page on your site to another page that has similar or relevant content on it. What this does is it makes it easier for site visitors to find information on your site.

When you place internal links in this manner it also makes it easier for search engines to find all the relevant content your site offers. The net result here is that once again your ranking increases attracting more search engine traffic.

15. Offer Free E-books
A good way to get individuals hooked on your blog is to offer them something for free such as free e-books. E-books are multiple page writings which offer information and solutions on a variety of topics. Try to write an e-book or hire someone to do so and then post it on your blog. Advertise the free e-book over the Internet and by doing so you will ultimately increase the amount of traffic to your blog, please the readers and get them to come back for more.

16. Focus On One Specific Topic
You have to remember not to spread yourself too thin when writing a blog. You want the blog to focus on one specific area which will draw individuals to it by way of backlinks and search engines. By focusing on one area you will find that your blog traffic increases more than if you were to talk about various things on a random basis.

17. Sell Things Via Your Blog
Although some blog readers are just there to read the words and that's all, many others are interested in making purchases along the way. With that said, you want to provide them with the opportunity to buy something while reading your blog, whether it be your own items or ones provided by outside companies through affiliate programs and pay per click programs.

18. Have The Main Point Of Your Blog
Most blog surfers do not want to read a blog which is circuitous in nature. They want to read a blog which has true depth and the main point of it. Therefore, make sure that your blog has a main point within it and gets to that point in each and every blog posting. This too will increase blog traffic for you.

A home business blog is a great platform for marketing on the internet provided certain tasks are routinely completed. The continual need to generate blog traffic is fundamental to your success as is nurturing the loyalty of the blog reader once they arrive. By implementing the 18 simple blogging tips we discussed above you should have no problem attracting and retaining all the traffic you will need to be successful online.

Developing and maintaining a steady flow of blog traffic is ultimately what the success of your site will be based upon. Everything starts with taking measures to ensure your blog posting consistently contains quality information that will encourage visitors to return. Creating an online awareness of your updates is equally important, and doing so in an efficient manner will leave you more time to create fresh content. quality information for your readers will help to give your site long-term success.

Working Smarter To Boost Blog Traffic


Friday, 17 November 2017

Trend Trading Strategy

Trend Trading Strategy, How To Follow Trend Trading Strategy, Trading Strategy,  Forex Blog,  Forex Friend Loan, How To, Trend Trading Tips

Trend Trading Strategy


How To Follow Trend Trading Strategy


The aim of this forex blog from forex friend loan is to show a trend trading strategy tips when trading a trend. Though forex markets show a significant level of volatility, currencies also show strong trends. In order to become a successful forex trend trader, you need to identify these trends and learn to follow them.

They say the trend is your friend. Or, ride the trend until its end. But, what should a trend trader do to ride a Forex trend?

Trading is not for everyone. Everyone wants to trade trending markets. The problem is that trends do not form that often. However, there’s a catch!

Even if a currency pair ranges on the bigger time frames, on the lower ones small trends appear. As such, a Forex trend strategy gives results on lower time frames while the market consolidates on the bigger ones.

The biggest enemy of a Forex trend is the trader. Do you know the reason why most traders fail? They can’t handle the market heat. They only looking short term winning. Fear and greed take control of their decisions.

Therefore, instead of letting the profits run, retail traders settle for small wins. However, when it comes to cutting the losses quick, the reaction differs.

As a rule, traders find it extremely difficult to cut losses. But, equally difficult is to let the profits run.

A trend trading strategy must let the profits run. Moreover, Forex trends reversals must be part of such a strategy.

In Forex trading, any strategy without money management rules won’t survive the test of time. If traders start with the intention of buying the absolute low or selling the absolute high, they’ll fail.

Forex trend signals do not differ than reversal signals. From a money management point of view, they’re the same. Furthermore, combining a Forex trend approach with reversal strategies will make the trend trader a complete trader.

USE THIS SIMPLE TREND TRADING STRATEGY FOR BIG PROFITS

Types Of Trends
When the average price of a currency moves to a particular direction repeatedly then that is termed a trend. There are three types of trends found in the forex market: Long term, Medium term, and short term.

The trend that has a duration of greater than 6 weeks is called a long-term trend.
A medium-term trend lasts from 1 to maximum 6 weeks.
Finally, a short-term trend occurs for a very short period of time - from 30 minutes to a week.

Most of the successful traders made their fortune by following either long or medium term trends as they are easy to identify and less risky to trade. In contrast, short-term trends often reverse suddenly, and the increase trading costs of moving in and out of positions mean that short-term trend following is less profitable.

Causes Of Trends
The economic condition of a country plays a significant role in the occurrence of a trend regarding its currency. Good economic conditions appreciate the value of a currency relative to others whilst a negative economic outlook depreciates the currency.  Since the economy of a country changes fairly slowly, the trends can be quite a long term.

The trend of a currency depends on perceptions of traders, based on the known economic information. Traders often come to a consensus, and this opinion tends to result in trends.

Also when a trend is identified, the majority of the traders tend to follow that which reinforces the trend.

Profiting From Trends
Identifying a trend and knowing the entry and exit point of it is the key to your success in forex trading. Every currency has its own trend with unique characteristics. You can identify the trend of a currency by comparing its present price movement with historical data. You need to enter the trend on the basis of its direction. When you see the trend is about to exhaust, close your trades.

For example, if US dollar loses its value against the other major currencies, you can recognize the trend regarding this and can buy EUR/USD pairs. You need to set the stop loss point to a level where the stop will only get activated if the trend changes its direction. You should not over- leverage yourself as you are going for the long-term trend and need to withstand some short-term adverse movements. You can understand the movement by closely observing the price chart.


Trading Tips Every Forex Trend Trader Should Know


What is a trend in forex trading?

When the market, or the price, moves, the market trends. The longer the move takes, the stronger the trend is.

The bigger the time frame is, the stronger the implications for that currency pair and for the entire Forex dashboard. Imagine, for example, the EURUSD drops two thousand pips in a strong trend.

Because this is the most important currency pair, the implications go beyond it. Other U.S. Dollar and Euro pairs will adjust their rates.

Forex trend trading as a strategy considers the way the market moves. A trend trader will look at clues the market makes. These clues help to define the overall Forex trend.

Lower Highs And Higher Lows
The first clue that a market forms a trend comes from a very simple sequence: lower highs or higher lows. Any Forex trend trading strategy should start from this point.

A Forex trend continues with the market moving relentlessly in the same direction. Trends may look aggressive on the hourly chart. But, on the daily, or higher, the market may simply correct.

Traders that have a trend trading system always pay attention to this higher lows/lower highs series. As long as the series holds, the trend goes.

Earlier in the forex blog, I explained why retail traders fail to be trend followers. Many think they ride the trend. But, they’re not!

The problem comes from the time frame. People don’t have patience. Forex traders don’t have patience at all. This is normal because they deal with money.

Whenever money or a possible profit gets involved, things get messy. A trend trader’s first task is to have a different Forex trend approach to different time frames.

To this, I would add that a proper Forex trend analysis involves both patience and discipline. Regardless the time frame. If you consider the time frame (daily!), there’s a scope for tremendous profits. And the pair didn’t disappoint.

Trend Trader - The Two Points Strategy
Any trend trader must follow this rule: A Forex trendline gives the trend. In plain English, the trend line represents the line of the trend. Hence, you mustn’t ignore it.

Moreover, a trend trader knows a trend will, eventually, the end. As such, Trader will look for clues to spot the trend reversal.

The two points strategy consists of…you guessed it, two points! A trend line needs only two points.

The thing to do is to connect the two points (in this case, the two lower highs) and drag the trend line further on the right side of the chart. Trading is easy until a Forex Breakout in the main trend occurs.

Aggressive traders always look to buy the dip or sell the top. But, without a money management system, such an approach will end up failing.

How about that for a trade! Nevertheless, if you’re honest with yourself, as a retail trader, you won’t normally trade like this. Why not? Isn’t this a nice Forex trend system? Of course, it is. But, again, the problem comes from the execution part.

Riding A Forex Trend
One of the biggest problems a trend trader faces is related to timing. When is the best time/place to enter a trade?

The classical Forex trend following strategy says that you should buy the dip in a bullish trend. Or, sell the spike in a bearish one.

This sounds like a cool advice. But, can we have some rules? Can we, as traders, put this in some sort of trading plan? Can we have a clear entry, stop loss and take profit level, while still riding the trend?

The answer is yes. Forex trend trading strategies must follow a money management system. Without it, trading is useless.

Look For A New High/Low 
A trend trader has more patience than the regular retail trader. Scalping is not trader thing. When riding a Forex trend, every step is a planned one. When to buy or sell? A trend trader knows in advance the answer to these questions.

Let’s go back to the two-point strategy mentioned earlier. A Forex trend line strategy starts with these two points.

After drawing a trend line, all eyes should be on the moment the price pierces it. When this happens, traders face two outcomes:
– the trend line’s break could be fake.
– the trend may reverse.

How to distinguish between the two? Moreover, how to make sure the trend still runs?

Simply look for a new high in a bullish trend. Or, a new low in a bearish one. Buying takes place either from lower or higher levels. Never be afraid to buy new highs! Buying a new high means buying strength. Traders go long when new opportunities arise.

In the case above, after the two Forex trendlines show how to do it. Wait for the price to break the first one, then look for a new high.

Buy that high, place a stop loss at the previous swing’s lows and use an appropriate risk-reward ration. However, you want to make sure you stay in the trend. Hence, book half profits at the risk-reward ratio level, and trail the rest. This way, you’ll end up riding the trend until its end.

Where To Add A Position
What is the best place to add to a position?

If the trend is strong enough when to buy/sell without meaningful drawdowns? One Forex trend following strategy helps.

The way to deal with this is to use an oscillator. Any oscillator will do. However, the RSI Technical Indicator works amazing!

To make sure the Forex trend following works, simply use the overbought or oversold levels to add to a position. The Forex trend in the chart below starts with the first two points that give the Forex trendline trading strategy. By connecting the two points, you’ll have the trend line. If you project it forward on the right side of the chart, it gives the overall trend.

The RSI, in this case, acts as the best Forex trend indicator. A trend trader first looks at the trend’s direction: bullish or bearish. In this case, a bearish trend. However, the money management strategy will keep things nice and simple.

Different Forex Trend Trading Strategies
The biggest advantage of a trend is that you cannot miss it. That is if you pay attention to details.

As mentioned earlier, look for a series of lower highs in a bearish trend. Or, higher lows in a bullish one.

Then simply draw a trend line connecting the lowest points (in a bullish trend) or the highest ones (in a bearish trend). The resulting line is the best Forex trend line indicator.

Support And Resistance With A Forex Trendline Strategy
Everyone knows about support and resistance. But, few traders know that the most powerful support and resistance levels do not form horizontally.

They’re called dynamic support and resistance levels. When riding a Forex trend, they work like magic.
Riding a Forex trend is one thing. But picking up a top or a bottom after a Forex trend is another!

Yet, this is a risky approach and doesn’t represent a sound Forex trend trading system.

The bearish trend worked for quite some time. After the two points gave the Forex trendline strategy, a trend trader had great opportunities to ride the trend.

However, with a proper strategy, one can pick a top or a bottom. Again, patience is key!

AFTER the price breaks the trend line, a trend trader looks at resistance turning in support. In other words, buying starts.

DOWNLOAD FULL FREE PDF TREND TRADING STRATEGY

Conclusion
There’s no best trend indicator nor a Forex trend detector system that works all the time. Because the Forex market spends most of the time in ranges, a trend trader sees many fake moves.

But discipline overcomes setups. There’s no setup that work’s all the time. However, a Forex trend strategy works all the time.

The important thing is to make sure your account survives the next day. And the next one. And so on.

Retail traders face many headwinds. Trading algorithms (robots) govern the markets today. Yet, profits can be made riding trends.

Because the Forex market ranges most of the times, a trend trader goes on the lower time frames to catch the intraday moves. But this is a risky, as the market will swing from lows/highs simply because the previous lows/highs were broken

To make sure they survive in the long run, Forex trend traders look at the bigger time frames. The bigger picture always tells the truth.

Monthly, weekly and daily charts matter the most. They filter the noise in any given trading day and keep traders on the right side of the market.

All in all, every retail trader wants to ride a trend. Few make it, though. This forex blog explains why they fail and what to do to succeed.

Trend Trading Strategy


Tuesday, 7 November 2017

How To Choose A Forex Broker

How To Choose A Forex Broker, Forex Broker, Forex Blog, Forex Friend Loan, How To, Choose, Forex Trader Tips, Forex Market, Trading Advice

How To Choose A Forex Broker


What To Look For In A Forex Broker


Read this forex blog from forex friend loan about how to choose a forex broker. The retail forex market is so competitive that just thinking about having to sift through all the available brokers can give you a major headache. The best place to find the top forex brokers is to search the internet. You can find many full-service brokerage firms with forex brokers providing you with reliable trading and advice. Do some research to compare firms and their success rates with other.

The best place to find the top forex brokers is to search the internet. You can find many full-service brokerage firms with forex brokers providing you with reliable trading and advice. Do some research to compare firms and their success rates with other.

Since forex brokers operate differently than other brokers their commissions are paid from the spread the offer you. A spread is measured in pips and is the difference between the values of one bid from another bid. Make sure you understand the terms and conditions around charges and fees you will pay your broker on these trades.

Your broker should give you advice on the best spread for your trade and be readily accessible to you, and have a direct reliable access to the market. They should be accredited so they are familiar with all the terms and rules established by the exchanges you are trading.

When trading forex it is important that your broker is familiar with and offer stop losses. If they do offer this then you need to understand the charges and fees associated with stop losses. Your broker should also provide you information and advice around slippage and how to avoid this in your trading.

If you are experiencing slippage with your trading then you would do well to find a different forex broker. Slippage is the difference in the price you ask for compared to the price you obtain. Your broker should minimize this risk by holding your trading funds in an established credible bank and not in the brokerage holding accounts.

It is best not to use a brokerage firm that holds your funds in their holding account. It is also wise to test your new broker. Start out with small sums of money and determine whether your return is viable before you begin trading larger amounts.


Forex Trader Tips To When Choosing A Forex Broker


Most forex brokers would make use of online tools to facilitate faster transactions among their clients. Top forex brokers are usually formed by a group of individuals who are all in the field of forex brokerage.
Choosing which forex broker to trade with can be a very overwhelming task especially if you don’t know what you should be looking for.

In this section, To help you find the best professionals out there who can help you with the trade, here are some important things you need to consider for when picking a forex broker.

1. Security
The first and foremost characteristic that a good broker must have is a high level of security. After all, you’re not going to hand over thousands of dollars to a person who simply claims he’s legit, right?

Fortunately, checking the credibility of a forex broker isn’t very hard. There are regulatory agencies all over the world that separate the trustworthy from the fraudulent.

Below is a list of countries with their corresponding regulatory bodies:

United States: National Futures Association (NFA) and Commodity Futures Trading Commission (CFTC)
United Kingdom: Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA)
Australia: Australian Securities and Investment Commission (ASIC)
Switzerland: Swiss Federal Banking Commission (SFBC)
Germany: Bundesanstalt für Finanzdienstleistungsaufsicht (BaFIN)
France: Autorité des Marchés Financiers (AMF)
Canada:  Autorité des Marchés Financiers (AMF)

Before even THINKING of putting your money in a broker, make sure that the broker is a member of the regulatory bodies mentioned above.

2. Transaction Costs
No matter what kind of currency trader you are, like it or not, you will always be subject to transaction costs.

Every single time you enter a trade, you will have to pay for either the spread or a commission so it is only natural to look for the most affordable and cheapest rates.
Sometimes you may need to sacrifice low transaction for a more reliable broker.

Make sure you know if you need tight spreads for your type of trading, and then review your available options. It’s all about finding the correct balance between security and low transaction costs.

3. Deposit and Withdrawal
Good FX brokers will allow you to deposit funds and withdraw your earnings hassle-free.

Brokers really have no reason to make it hard for you to withdraw your profits because the only reason they hold your funds is to facilitate trading.

Your broker only holds your money to make trading easier so there is no reason for you to have a hard time getting the profits you have earned. Your broker should make sure that the withdrawal process is speedy and smooth.

4. Trading Platform
In online forex trading, most trading activity happens through the brokers’ trading platform. This means that the trading platform of your broker must be user-friendly and stable.

When looking for a broker, always check what its trading platform has to offer.

Does it offer free news feed? How about easy-to-use technical and charting tools? Does it present you with all the information you will need to trade properly?

5. Execution
It is mandatory that your broker fills you at the best possible price for your orders.

Under normal market conditions (e.g. normal liquidity, no important news releases or surprise events), there really is no reason for your broker to not fill you at, or very close to, the market price you see when you click the “buy” or “sell” button.
For example, assuming you have a stable internet connection, if you click “buy” EUR/USD for 1.3000, you should get filled at that price or within micro-pips of it. The speed at which your orders get filled is very important, especially if you’re a scalper.

A few pips difference in price can make that much harder for you to win that trade.

6. Customer Service
Forex broker customer service isn't perfect, and therefore you must pick a broker that you could easily contact when problems arise.

The competence of brokers when dealing with an account or technical support issues is just as important as their performance on executing trades.

Brokers may be kind and helpful during the account opening process but have terrible “after sales” support.

7. Consultancy Services Offered
Top forex brokers would actually give you their consultancy services for free. This is like their premium offer if you choose to take hold of their services in the forex market. You should also inquire what specific type of consultancy will be given to you and if there are corresponding information collaterals that will be given in the process. After allFree Reprint Articles, it is also your broker's responsibility to update you on current forex market trends.

8. Reasonable Leverage
Leverage, in general, is what gives the Forex market a strong appeal to retail traders. However, the risks of trading with high leverage are just as great as the perks. Most serious brokers offer leverage ratios starting at 100:1 and going all the way up to 400:1. The greater the leverage, the greater the risk for the broker. If a broker offers a leverage that seems too high to you, this might be a good indication of the future of that broker or lack thereof.

-Stop Loss Protection: This is a feature that enables you to ensure that your losses do not exceed a certain amount. Most brokers offer this feature, but it is still important to verify with your broker before signing

To summarize, there are many things one must do before becoming a successful Forex trader, but one of the most important of all, if not the number one most crucial task, is finding a trustworthy professional broker. The above steps will assist you in doing just that.

How To Choose A Forex Broker


Monday, 30 October 2017

Must Have A Trading Strategy

Must Have A Trading Strategy, Forex Trading, Forex Blog, Forex Friend Loan,  Trading Strategy, Volatile, Forex Strategy, Novice Trader

Must Have A Trading Strategy


You Must Have A Trading Strategy Before You Start Forex Trading


Follow this forex blog from forex friend loan about must have a trading strategy. World of Forex trading is both exciting and lucrative it is also very fast moving and volatile and can easily catch the novice trader out. It is vitally important therefore that you draw up a clear forex trading strategy right from day one.

Why trading strategy?
Trading strategy. In trading, a trading strategy is a fixed plan that is designed to achieve a profitable return by going long or short in markets. ... For every trading strategy, one needs to define assets to trade, entry/exit points, and money management rules.

What is a forex trading strategy?
Forex trading strategy can be based on technical analysis charting tools or fundamental, news-based events.

If you are new to the world of Forex trading then, before you even think about making your first trade, you need to sit down and draw up a Forex trading strategy. The foreign currency market is one of the most exciting and lucrative markets in the world, but it is also extremely fast moving and volatile and, while you can make tremendous profits, you can also make substantial losses if you do not have a very clearly defined game plan.

There are a number of different strategies which you can adopt for trading in the currency markets and you will need to come up with a strategy that suits you. At the end of the day exactly what strategy you decide to adopt is largely immaterial but, what is important, is that have you a strategy before you start to trade.

Many traders today choose to base their strategy on a technical approach to trading while others prefer to follow a fundamental approach. Both approaches are fine but the truly successful traders will tell you that the real secret lies in not selecting one or the other but in combining the two.

Technical analysis holds that prices follow trends and that markets possess clearly identifiable patterns which can be recognized if you know what you are looking for. Both knowledge and experience play an important role in technical analysis but here it is a case of knowledge and experience of not just the patterns in the market but of working with the barrage of tools which are now available to the technical analyst.

Within technical analysis, many traders like to work with what is called support and resistance levels. In this case, a support price is a low price to which a currency repeatedly returns, effectively representing the bottom of the market or the price of which it supports the market. By contrast, a resistance price is a high price which a currency reaches from time to time but above which it tends to resist rising.

The importance of these two levels is that once a currency price drops below its support level it will commonly continue to fall and, similarly, once the price exceeds its resistance level it will continue to climb.

It is also common for technical analysts to make use of moving averages which show the average price of a currency over a given period of time within a longer period. This is extremely useful for eliminating short-term fluctuations in a currency price and producing a clearer picture of the movement of a currency over time.

A SIMPLE STRATEGY TO GRAP UP TO 86% RETURN IN FOREX MARKET! 

These, of course, are just two of the many tools available to Forex traders who are following a technical approach and there is a wide range of far more complex and powerful tools available today.

In addition to technical analysis, many traders also believe strongly in a fundamental analysis which holds that currencies move in response to a wide range of factors including political events, changes in trade agreements and trading patterns, economic numbers, interest rates, employment figures and much more.

Fundamental analysis is clearly a complex area which requires considerable knowledge and experience to master, which is probably one reason why many new traders are fairly easily drawn towards technical analysis and tend to use fundamental analysis to a limited degree at first while they acquire the necessary knowledge and skills to put it to work effectively.

Both technical and fundamental analyses are of course not in themselves trading strategies but are the foundation on which you will need to build your trading strategy. Your starting point should be to decide upon the basis on which you are going to analyze the market and thus make your trading decisions. Once this has been done you then need to look carefully at the mechanics of your trading and it is detailing just how you intend to trade that forms your trading strategy.


Is The Key To Success Forex Trading Strategy?


When you enter the Forex trading business, you need to be prepared that it will not be a cakewalk. It calls for a lot of planning and decision making. Without the proper Forex trading strategy, you will find it difficult to make much headway.

Before stepping into the Forex trading market, you need to have certain strategies in mind. A well thought out Forex trading strategy can be your key to success. It can also keep you on the safer side and help to minimize your losses.

Implement A Proper Trading Plan and Don’t Trade Beyond Your Means

It is very important to have a trading plan and when dealing in Forex trading. Once you have a plan, let nothing deter you from it. Remember, there is no place for emotions in trading. Following your emotions blindly is a sure shot recipe for disaster. Whenever you trade, it should be in a cool and calm frame of mind.

A very good Forex trading strategy is that you should only speculate with money that you can afford to lose. Not to say, that you want to lose anything, but whenever you invest money or trade in it, you should always use money that you can do without, money that is in excess of your requirements. It is never a good idea to touch upon the money that you require to run your house and fulfill the basic requirements of your house.

Understand The Trends Of The Market

In Forex trading, market trends are your closest friends. If you are able to understand trends and make somewhat accurate predictions, you will be quite successful as a trader. Understand that there may be short-term fluctuations in the currency values. After all, the market is volatile. However, you should always refer to the long-term trends and not be worried about periodic ups and downs.

Another important Forex trading strategy is riding the Forex market till it shows signs of turning around. Do not be greedy and ride the win too long, else you might just be caught off guard and lose money.

Trade Wisely

A lot of newcomers tend to look for some signs or leading indicators that will help them make a good trading decision. The truth is, in the Forex market, there is no guarantee that you’ll be able to predict the future accurately. Some software can help you make calculated speculations, but they could easily swing one way as the other.

A sound Forex trading strategy is that you should stick to popular currency for trading and stay away from this market. Since there is very little public participation in the thin market, you will not be able to liquidate your position easily. Moreover, trading in too many markets is not advisable. Stick to the popular currency pairs till you learn to do better.

Update Your Knowledge

Lear, learn and learn some more – and that’s a Forex trading strategy that will never fail you. Work towards gaining in-depth knowledge in this field, so that you can become an astute trader. Read up as much as you can on the subject and add to your existing information. While a newcomer can get by with some general guidelines and tipsArticle Submission, a seasoned Forex trader will need more knowledge to make decisions.

Must Have A Trading Strategy


Monday, 23 October 2017

Learn How To Make Money

Learn How To Make Money, Make Money Online,  Internet Marketing Blog, Business Opportunities, How To Increase Bank Balance With Amazon, Tips

Learn How To Make Money


For Newbies Online: Will A Business In A Box Help You Make Money Online?


Learn from internet marketing blog about learning how to make money. So you're a newbie online wanting to learn how to make money and you're looking at buying one of those "Business In A Box" opportunities in order to make money. BE CAREFUL! How many other Newbies and experienced Internet Marketers are buying the same package in order to make money online? I bet there will be more Newbies buying the package than experienced Internet Marketers!

"But I've had a look at their sales page, and they supply all the promo materials I need, e-mails, banners, e-books and an e-course on how to set up my own Autoresponder, free motivational e-books, and even a couple of submission scripts, all with Master Resale Rights, and worth more than I'm paying for the package."

Yeah Right! And how many others are there out there that have bought the same package, and are going to be promoting it through the same Safelists as you are, with the same emails which you have been supplied, which means you're going to have to repackage the product, rewrite the emails, redesign the website to accommodate the new packaging, and then end up giving away half the products in the package just to make it somewhat enticing to other Newbies trying to make money online.

And then you end up having to refund half your sales because they bought the same package from someone else, only under a different name!

So in my humble opinion, stay away from that type of venture, you'll only get burned. Take it from me, I've been through the same mill you're going through now and ended up going down in flames.

THE UGLY TRUTH ABOUT LEARN HOW TO MAKE MONEY

It took me nearly some years of trying various packages like the one mentioned above until it got to the stage that I almost gave up on trying to make money online, it was just my stubborn streak that kept me going.

Rather find experienced Affiliate Marketers who will take you under their wings and teach you all the ins and outs of what you need to know to be successful in Making Money Online.

Learn how to  Make money, for newbies online, without having to spend anything, or buying a "Business In a Box". That's right Newbie if you are serious about learning how to Make money online.


How To Increase Bank Balance With Amazon


How many of you heard of how to make money with Amazon? Yeah! sound crazy is it?

Amazon is one of the most popular online shopping centers in the world. Thousands of people shop there every day placing orders for various items from different categories. Amazon made the way of shopping really easy. Within a few clicks of a mouse, you can get the item you are interested in, delivered to your door in a few days.

So keeping in mind the popularity and ease of shopping on Amazon you could use it to make money. Literally, you can generate a decent income with Amazon as an associate selling Amazon products and getting paid commission for every single sale generated.

Selling Amazon products is a great option for people who want make some extra cash, without the need of owning the product. Also, it might be a great way for network marketers to offset the costs of paid advertising that they can fund using the income generated from Amazon sales. So it might be a great way to make money for different people, no matter what kind of niche they are interested in as the Amazon offer a wide range of products to sell from different categories. So everyone will surely find the item in his own niche to make money from.

The way to become Amazon associate and to get started is quite easy and should take no more than several minutes.

Here we go:

Visit Amazon site and scroll down to the bottom where you can find JOIN ASSOCIATES link. Click it.
Then you can take GET STARTED tour and at the final stage, join the program by filling out the form with required information.

After your application will get approved, you will be ready to go.

Once you've logged into your associate area you can find plenty of tools that you can easily use to promote Amazon products such as product links, widgets, slideshows, banners etc. Usually, you have HTML code prepared for all of those tools that you can just copy and paste into any website you are about to use for promotion.

And here we come to the most important aspect of selling Amazon products.

You need to drive traffic to the website you are using to promote stuff in order to convert visitors into customers. There are many ways to promote Amazon items online.

LEARN HOW TO MAKE MONEY WITH AMAZON + VIDEO "LOOPHOLE"

You can create free websites and place links, banners, and widgets to Amazon products on them. A good example here is Squidoo lenses. You can create free Squidoo lenses ( websites) in several minutes each and use them to promote stuff. These websites are really easy to create, and you can have as many of them as you like. This way you can come up with several Squidoo lenses, each for different Amazon product.

Blogging is another effective and free way to advertise. You can create a free blog and monetize it by placing, links, banners and making posts on Amazon products.

Writing articles is another way to generate sales from. For instance, you can write a review of a particular product and direct a reader to your Squidoo lens to purchase it.

Also if you already have a website you can add to it proper banners and links to Amazon products relevant to the content of your website. So this way you keep all content and promotion material related to the one topic. What it means is that you don't want to promote Amazon items as for instance: shoes on network marketing website.

Those above are just examples of many ways to promote and sell Amazon products. Driving the traffic to your promotional campaign is that what it's all about.

Learn How To Make Money


Tuesday, 17 October 2017

Technical Analysis Of Trading

Technical Analysis Of Trading, Trading Tip, Forex Blog, Fundamentals Of Technical Analysis, Forex Friend Loan, How To, Stochastic Oscillator

Technical Analysis Of Trading


Fundamentals Of Technical Analysis


Forex trading tips about, learn to trade with technical analysis of trading from forex friend loan.  While more and more of traders are diving into technical analysis it could be recommended checking fundamentals of the analysis. Simple knowledge of the main principles of market movements may provide an advanced understanding of technical indicators and how they could be used.

Technical analysis has become one of the most popular science of trading. Even it is defined as not exact since that cannot guarantee future price trend, many traders are looking at it as it is a "trail to the gold".

Now, when the computerization is developing to the higher levels, many technical analysts are forgetting about basic principles of analysis. Majority of retail and even professional traders and investors are jumping into the world of technical indicators in an attempt to find or to develop a trading system or strategy which would make them rich "overnight" or allowed them to do nothing and receive stable income flow. With hundreds of technical indicators, many traders get lost in testing. It is difficult to call as analysis a process of selecting technical indicators and trying different indicators setting with a purpose of finding a combination that works. Yet, the main part of traders is focused exactly on that by considering themselves as professional analysts and by forgetting that this is not analysis but a simple testing.

The 1930s through 1940s when the computers were not used in the stock market analysis, traders and technical analysts were more focused on the analysis of the stock market itself. They did not look for magic indicators that would tell when to buy and when to sell. They tried to understand underlying processes behind price movements. They dig through years of historical data in order to find out what was the moving force of price before and used this knowledge to define what moves price now and where it possibly could go in the future.

Technical analysis based on the testing various indicators setting still can deliver nice profit. However, without understanding the meaning of technical indicators and translating indicator's movements into actions of traders, any trading system or strategy is doomed to failure. Already a hundred years ago, investors understood that price does not go down because Stochastics run over 80 and price does not go up because Stochastics dropped below 20. Price is moved by supply and demand which is created by the investors' sentiment or by a desire of mass to sell or buy.

Overall, there could be one advice only. Before going into a search for technical indicators, it would be correct to refer to the fundamentals of technical analysis. I particular, basic knowledge of Elliot Wave Theories could provide a novice trader with basic knowledge of cycles in the any of market as well as some understanding of trader's psychology and how price movement could be explained by investors' sentiment.


How To Use Stochastic Oscillator In Currency Trading?


Forex is the largest currency trading market and is widely traded by Banks, Government, and large financial company. The major currencies are United State Dollar, Europe Euro, Great Britain Pound and Swiss Franc. There is basically 2 type of trading, fundamental and technical trading. For technical trading, commonly using indicator using Moving average, High and Lows and Stochastic Oscillator.

Stochastic Oscillator is widely used in stock trading also. Similar to Forex trading, this indicator comes with two relative factor, %K and %D. This indicator shows momentum over a number of periods with closeness relative with current Close price with a High and Low difference, which is also the support and resistance level.

%K

This is the duration of the number of periods to calculate to gauge the momentum of the price movement. The default setting is 14 periods. And the formula is to take current close minus lowest low throughout the 14 periods, divide by highest high difference lowest low and multiply by 100. This in a way uses the highest resistance and lowest support, using current close price to gauge the level of momentum in a percentage of the larges difference between the resistance and support.

%D

This is the simple moving average line that is plotted alongside %K and act as a signal trigger line. This is default 3 days, which show the fast movement of the price signal within the last 3 periods. This in turn complete with the slow %K which show momentum over longer 14 periods.

Over Brought or Oversold

The stochastic oscillator as express in 100 has 2 level of an indicator at 20 and 80 which show significant over brought and oversold situation. At levels more then 80, the currency is showing a trend of price near the resistance level and with %D changing or cross the %K line and went downwards, show a sign of currency moving from over brought to trending down. This crossing act as a trigger to enter a Sell trade on a prediction that the currency to go downwards. Similar to a level below 20, the situation is oversold, witch %D crossing %K, the prediction is the currency to go upwards thus triggering a Buy trade.

Midway 50 Level

The 50 level also marks the trending halfway point or beginning of a currency trend. If the direction of %D and %K points in the same direction and both cross the 50 level markings, prediction are set for the currency to continue the trend, thus triggering a Buy/Sell trade respectively. This is particularly useful when the currency has been overbought or oversold for a relative period of time and it shows sign of weakening trend or strong momentum against opposite flow.

Slope of %D and %K

The slope of %D and %K can be visually or calculated using gradient. The slope of %D against $K at convergent indicates the trend is growing strong. The slope at parallel means the trend is steady. And the slope of %D and %K at divergent indicate trend is weakening. Many traders did not realize this, but if you observe the changing slope of this 2, you can find highly reliable triggers to buy or sell trades when trending or currency is going sideways.

In addition, you can use stochastic with visual support and resistance indicator at the larger timeframe. If you using 15 minutes chart, try visually check the 1hour chart and you may find some trend following or reversal at support and resistance level. This will increase your success in Forex Trading significantly.


Why Technical Analysis?


Using Technical Analysis is the best way to invest in the market. There are many reasons why technical analysis works great.

Technical Analysis is the best way to invest in the market.  It allows you the ability to cut your losses short and let your winners ride. There are many other reasons why technical analysis works great.

1. It allows you to go after short-term gains.  Because of the effect of compound interest short-term gains have gain popularity. If you can gain an average of 3% a month you can do better than someone who makes 40% annually and their money.

This makes short-term gains the fastest way to grow your money.   

2. It can allow you to make longer-term gains if you wish. Not everyone likes to go after the short-term market movements. Some people want to buy a market and hold it for many months to even a few years. Technical analysis can be used to find test buy and sell signals for multiple time frames.

3. It allows you to cut your losses short and let your winners ride. Because technical Analysis uses to support and resistance lines it easily allows you to find good spots to place targets as well as lets you figure out when it is just time to exit the trade for a small loss.

4. It allows you to play on people’s emotions. People are what really drive the market up and down.  When someone buys a stock they are aiding in pushing it up.  That is evident to anyone who actively trades the market.

5. It allows you to test and improve your strategy in a shorter time frame.  If you are a longer-term trader you might not know whether your strategy for finding long-term forex market works until decades go by.  Whereas short-term trading allows you to find out at a relatively fast rate how you can improve your strategy.

All these reasons make technical analysis a great way to make money in the forex market.

Technical Analysis Of Trading


Thursday, 12 October 2017

Earn Money Without A List

Earn Money Without A List, Why Solo Ads Are An Effective Method Of Earn Money, Solo Ads Blog, Solo Ads, Way To Generate Leads, Solo Ads Tips

Earn Money Without A List


Why Solo Ads Are An Effective Method Of Earn Money


This solo ads blog outline about earn money without a list from forex friend loan. How many times have you... heard that running solo ads in ezines is the most effective way to advertise? Every single marketer swears that solo ads can bring you big profits.

There is arguable no better way to generate leads and new business that by using ezine advertising. Amazingly, ezine advertising is one of the least developed online advertising tools on the internet today. An ezine is an online newsletter that sells advertising space just like a print magazine would. The beauty of ezine advertising is that you contact the audience directly without having to build your own lists.

CLEAR AND UNBIASED FACTS ABOUT EARN MONEY WITHOUT LIST (WITHOUT ALL THE HYPE)

An ezine solo ad or “solo ad” is a standalone email that ezine administrators send to their subscribe base. These solo ads are the most effective method of getting your message in front of new subscribers without any distractions.

Here’s how solo ads work…

If you have a website, or a business, or a phone number that you can use solo ads to promote your business, your product, or yourself. Solo ads are standalone advertisements, meaning your message goes out alone without any others attached. To purchase solo ads you need to contact online newsletters (ezines) and ask what they charge for a standalone solo ad.

Benefits that come from using solo ads…

When compared with other online advertising methods, ezine solo ads are a very cost effective method of reaching a lot of people. A further benefit is your ability as the advertiser to find ezines that are targeted to your specific niche. When using this form of advertising you are in effect “borrowing” the ezines list of subscribers by getting your message directly to their inboxes.

How to get the most from a solo ad campaign…

You will get the most results from your advertising campaigns if you successfully target a list of subscribers that are directly related to what you are selling. If your list targeting does not match what you are selling then you are not using your advertising dollars effectively and your campaign results will not be cost effective.

When you have your solo ad sent make sure you are providing value to the recipients. If you provide good content or value to the person receiving your emails they will be more likely to provide you with their contact information (lead generation) or purchasing your products (direct sales).

It is also important to track your results by monitoring how many clicks, leads, or sales each of your solo ad campaigns are generating. This will help you monitor your results and better choose follow up campaigns and targeting.

SICK OF SOLO SELLERS STEALING CLICKS? 

Well, I've been placing solo ads in various marketing ezines for 6 months now. And I have to agree: solo ads work... if you know HOW to use them.

How to write effective solo ad and I've learned the hard way. I've lost $300.00 in my first two months. Now, here is the good news: you don't have to waste your time trying to figure out how to create a good solo ad.
I've done it for you.


Earn Money With Solo Ads Without A List


By following these 8 earn money with solo ads without a list tips you'll be able to create solo ads that produce incredible results.

1. Choose The Ezine You Want To Advertise In Very Carefully.

Don't only consider ezine size. The truth is that smaller ezines produce better results than ezines with large subscriber base. I always prefer to run my solo ad in ezine with 8,000 subscribers than in ezine with 100,000. Not because it's cheaper, but because small lists are usually more responsive.

Before buying the ad in any ezine read a couple of issues. Does it provide readers with quality content? Does it shows the personality of its editor? Would you subscribe to that ezine?

Advertising in poor quality ezines is a waste of money. No one is reading them anyway.

2. Find A Quality Solo Ads Provider Who Knows How To Make Money With Solo Ads

The first thing you need to do is to find a quality solo ads provider. While this may cost a moderate amount of time and capital upfront, it pales in comparison to the thousands of dollars you would have to spend to build your own list. When it comes to finding quality solo ads providers, you can search for solo ads related groups on Facebook as well as a few marketing based forums.

99% TOP TIER TRAFFIC. 92% + USA CLICKS! FIND A PROFITABLE SOLO ADS PROVIDER

3. Let The Solo Ads Provider Know Your Intentions

The next thing you want to do, is to let the provider know that you intend to give him more customers, by selling his service as your own. This is what is known as arbitrage.

4. Get The Readers Attention With The Headline.

It is very important to make sure that you can add your headline in a subject line of solo ad. If the subject line reads "Our Ezine Solo Ad" most of subscribers won't open it. You have to add your *attention grabbing* subject line.

Headlines like "Check this out" or "Here is my new product" won't work.

Get their attention! Spark the desire to learn more! Give them a *reason* to open your email.

5. Don't Sell Anything In Your Ad.

Yep, you've read it right. Do not sell anything in your ad. Your main goal there is not to create a sale, but to create a lead, create a prospect who will buy from you later.

Would you prefer to generate 3-5 sales or to get 300-500 prospects ready to buy from you?

Offer free trial, free report, free ebook, free ecourse. Give away something valuable first. Create a prospect list. Establish relationships. And then *suggest* your product. Using this simple technique I achieved 10-15% conversion rate with my ecourse.

6. Make Your Ad Easy To Read.

Readers usually scan the message. They are busy, they don't have time to read your ad in complete details. It is your job to make it as easy for them as possible to scan it.

Use a short paragraphs. Use short sentences. Like this.

Use simple words. Don't forget that subheadlines work great. As well as bullets. Often subheadlines and bullet list is all that people read.

7. Tell The Benefits.

If you offer something for free that doesn't mean that all the readers will jump into your offer automatically. You have to "sell" your free stuff too.

Tell me why should I bother and subscribe to your ecourse? What's there for me? Will I improve my life? Business?

Write down the complete list of benefits. Then make every benefit as powerful as you can. Use a power words. Give details.

And then put all your benefits into a bullet list. You're almost ready!

FRESH NEW SUBSCRIBERS ADDED DAILY! 99% TOP TIER TRAFFIC!
BUY SOLO ADS FOLLOWING NICHES: INTERNET MARKETING, MAKE MONEY FROM HOME, START A BUSINESS, LOSE WEIGHT, GET FIT, STOCK/CURRENCY TRADING AND JOINT VENTURES/AFFILIATE NETWORKING 

8. Create Sense Of Urgency.

Make the readers act now. Tell them that tomorrow will be too late. Cause you've got just 50 free copies. Or they will be available only till midnight.

Give them a reason to act now. Explain why there is no time to procrastinate. Create a fear of loosing, create a sense of limited availability. That always works great.

Now you know everything you need to create a killer solo ad that pulls amazing results. All you have to do is to put it into practice.

Earn Money With Solo Ads Without A List


Tuesday, 10 October 2017

Learn To Trade Basics First Before Trade

Learn To Trade Basics First Before Trade, Learn To Trade Basics, Trade, Currency, Trading, Forex, Blog, Potential, Beneficial, Forex Tips

Learn To Trade Basics First Before Trade


Why Learn To Trade Forex Basics First Before You Become A Forex Trader


What Is Potential And Beneficial Basics Currency Trading


Wanna be a succeed ultimate in forex trading? This forex blog outline about learn to trade basics first before trade. For a newcomer in Forex, the first essential is perhaps protecting himself from frauds. The best way to get assistance regarding currency trading in forex is asking around yourself or getting help from online portals that specialize in currency trading and forex training.

Currency trading is the new catchword for earning substantial profit. It can fetch you profit if you know how to trade and when to land in the currency market. However before landing or having a potential currency trading, you should have an insight into your area of expertise. Well, the venue of currency trading is known as forex, the largest trading market in the world having an average daily trade of US$ 3 trillion and above. Here currencies from all over the world are bought and sold for earning profit. The forex or currency trading is known for its high trading volume, long trading hours, extreme liquidity and geographical dispersion.

Forex is the largest market place of currency trading. Major currencies traded in the currency market are US dollar (USD), Euro (EUR), Japanese yen (JPY) British pound (GBP), Swiss Franc (CHF) Canadian dollar (CAD) Australian dollar (AUD) etc. One can start currency trading in forex either with the help of a broker of forex or by trading his own money in his own way. Whatever be the case, currency trading in forex demands a clear understanding of both the currencies which you are opting for.

While currency trading in forex or dwelling over currency market, one should mull over the present scenario and future prospects of the country, currency of which he is trading. The best way to determine the potentiality of a trading is undertaking a technical and fundamental analysis.  Technical analysis in forex is all about predicting movements of price and forthcoming market trends. It can be done by perusing the charts and particulars of past market action and movement. Fundamental analysis of the currency market refers to the important political, economic and other conditions that may affect currency prices and influence currency trading.

The forex brokers and the market movers often undertake technical analysis in conjunction with fundamental analysis in order to find out a sound strategy relating to forex. Featured with several benefits, forex market can earn you profits if you can move with a well planned strategy. If you are an old player of the currency market with years of expertise in currency trading, the mechanism of forex might be easy for you to understand. However, if you are a newcomer in forex, it’s better to have a few tutorials regarding currency trading and forex.

The tutorials or courses on currency trading help you to penetrate forex in an in-depth way. You can learn the possibilities and calculated risks of forex and currency trading. With the boom of World Wide Web, you can access several online tutorials which are designed by professionals and are affordable. You could even get free packages also. With such tutorials you can make your way to forex for earning flawless profit.


Top 11 Facts Learn To Trade Basics First Before Trade


If you are one of those who aim and willing to learn to trade, you’ll surely find the information below as very helpful.

Each and every Foreign Exchange trader wishes to win in their trades. When you become a Forex trader, though, there is no guarantee that you’ll make a profit. Learn these FX trading basics and strategies first before you make trades. 

A Forex currency trader can opt to engage in swing trading, or can choose to participate in currency day trading. 

A growing number of individuals today year to make money from the Foreign Exchange market, specifically in currency day trading. At present, it is very easy to get yourself involved in the said market because of the convenience offered by online forex trading.

Not all Forex traders bring home money from the trades they make. An important currency trading information that you need to remember, after all, is that there are winners and there are losers when it comes to trading currencies. 

If you wish to become a Forex trader and experience winning most of the time, there are some forex trading basics, trading tips, and the likes that you have to become aware of. The following are popular info that you should keep in mind as a Foreign Exchange trader.

Fact #1: Learn The Basics First.

Many beginning traders try jumping right into the market with no real background knowledge on the markets they are trading. To build a solid trading foundation, you need to take the time to learn about how the Forex market works (or any market you’re trading) and really get a solid understanding of all the jargon, etc. before you actually dive in and start learning a trading strategy. You can gain this knowledge by taking my free beginners forex trading introduction course.

Fact #2: Being A Forex Currency Trader Is Not That Easy.

Some people may think that being an FX trader means that you can get rich quick. In reality, both swing-trading and day-trading in Forex can really be difficult. Why? Well, you have to really work hard, spend some effort and time to get educated in currency day trading, as well as gain some experience before you can really earn from your trades.

Fact #3: Learn To Day Trade Properly

If you don’t learn to day trade properly, you’ll surely never experience winning in the said activity.

True, there are so many tutorials and resources that discuss all about the Foreign Exchange market. Not all of them, however, give you complete information. Thus, you’ll have to see to it that you completely become educated on trading currencies. One tutorial will never be enough, just as reading one article about Forex is also not enough. Instead, you have to learn from one trading course to another, as well as learn from your experience, and the experience of seasoned traders if you really aim to become a Forex currency trader who makes profitable trades.

Fact #4: Controlling Your Emotions Is Necessary.

Whether you’re into currency day trading, or ‘long-term/swing’ trading, you have to ensure that you are able to control your emotions. Remember that your brain and logic should be the one in charge, and not your feelings or your emotions. True, it is normal to feel nervous or excited from time to time when you observe the rise and fall of currencies in the Foreign Exchange market, but, you should not let your emotions affect the trades you make. You should wait until you are able to calm down before you make any trading decisions.

Fact #5: Trade Only With An Amount That You Can Let Go.

People who desire to learn to day trade or even to swing trade should also realize that a wise Forex currency trader is one who only places a trade with an amount of money that he or she finds it easy to let go. For instance, if you have $10,000 in your account, it is not wise to utilize that whole amount in your trades. Ask yourself first how much you feel you can afford to lose, then trade with that amount.

Fact #6: Get Yourself A Good Forex Education.

First and foremost, you’ll have the chance to earn in the FX market if you get a good education about Forex. There are various trading currency classes, tutorials, and even e-books, websites, and articles that can provide you with complete currency trading information. Never, ever try trading without even having a clear picture and understanding of the processes, techniques, etc, that are involved in the market. If you plan to become a Forex trader, pertinent education is a must.

Fact #7: Forex Is Not A Guessing Game.

Part of the list of essential FX trading basics is that you can never win in currency-trading just by guessing. Predicting the FX market outcomes is a big no-no. Your trading decisions should always be based on facts – in other words, if you’re a Foreign Exchange trader, you should make your analysis and decisions based on trading charts, graphs, genuine facts, and so on. You should be updated on the current events of a specific currency’s ‘country’ e.g. economic events, political events, etc. You need to use these information as well as various charts and tools whenever you make decisions. Without knowing the currency trading information mentioned, you can’t become a Forex trader who really earns from trading currencies.

Fact #8: It Is Normal To Experience Losses In The Currency Market.

Another fact that you have to accept when you are thinking of being a Foreign Exchange trader is this: it is impossible for you not to go through losses in FX. Each and every trader will experience losing in FX from time to time. You can, however, increase your chances of bringing home the bacon for as long as you commit to memory and put into action FX trading basics. Knowing currency trading information that’s complete and up-to-date is also required, especially if you want to have more winnings rather than more losses when you actually work as a Foreign Exchange trader.

Fact #9: Don’t Get Overwhelmed.

It’s easy to feel overwhelmed with information and trading strategies as a beginning trader, it happens to all of us in the beginning. The best way to limit this or avoid it altogether, is to find a mentor, someone to learn from, and piggyback off their success. I have laid out all my trading strategies for you to learn in my price action trading course and in my opinion, the best thing you can do is block everything else out, forget everything you’ve learned, and start over with my teachings from a clean slate and focus only on that until you really know what you’re doing.

Fact #10: Be Realistic.

Perhaps the hardest but most important thing for a new trader to do, is to be realistic. I’m sorry, but I have to tell you that you aren’t going to be able to quit your job and go work from a beach with a $2,500 trading account. If any other site or person is telling you something like this, you need to RUN from them because they are scammers and have no clue what they’re talking about.

Can you make a boat load of money trading the markets? Sure, of course. Perhaps no other profession in the world has as much upside potential as trading. But, that comes at a steep cost; it’s not easy, at least not mentally easy.

Fact #11: Learn One Trading Strategy And Stick With It.

One of the biggest mistakes I see beginning traders make again and again, is changing trading methods too often. If you are using a logical, common sense trading method like my price action method, you need to really learn it and master it before you do anything else. If you jump from method to method because you think you’ll find some “Holy Grail” trading strategy, you are simply operating on false hope and being illogical, and you will lose money.

Also, don’t switch methods just because you had a few losing trades. Any method will have a certain amount of losers over a sample size of trades, this is normal and part of trading. You cannot let losing trades affect you too much; you really do need ice cold discipline to excel at trading.

These facts and tips are some of the must do and must learn info that you should utilize when you become a Forex trader. By doing so, you’ll up the probability of you earning from the trade.

Currency day trading can be profitable for traders who learn to day trade in the right way. Remember this too: the Foreign Exchange market can truly supplement your income in a consistent manner for as long as you do everything you can to be a smart Forex currency trader who knows when to enter and when to let go.

Learn To Trade Basics First Before Trade.