CFD Trading And The Important Facts About CFD Trading
Posted by admin in Online Forex Trading on September 2, 2010
The stock market is definitely a place where a lot of persons earned and lost their finances. Whether you are dealing with actual physical delivery of shares with the help of day trading or you are into the tricky facet of CFD trading, you should have a certain familiarity with the market basics as well as unforeseen risks that might happen for the purpose to be successful.
CFD dealing or individuals that trade in CFDs are in common properly announced about the danger aspect in these deals. Because they are speculative contracts which are entered into between two sides – a customer together with a seller and there occurs to be no physical possession of shares concerned, the probability for leverage and thus taking a gamble on a larger quantity of shares just by paying out a percentage of margin money assists it be a good trading tool.
The abbreviation of CFD actually means Contracts For Differences. Connected with this, in case the contract is actually signed between both the sides, it will be the particular dissimilarity which has to be paid by one of the participants to the other, defined by which the certain stock in question has moved and its rate right at the end of the contract period. Thus the seller would have to pay the buyer in the event the stock has gone upward and then the buyer pays the merchant if it has come down. Nonetheless, this manner of stock market trading is not really permitted in several countries because of its speculative process.
CFD dealing has its peculiar gamles a result of the leverage from both of parties, sudden and sharp steps in stock costs as a rule leads to a lot of losses. It is therefore subject to market gamble as well as volatility. Such kinds of gambles as usual are not often completely described to the particular market participant and it is usually just whenever somebody begins actively trading in which the person becomes aware of how risky it really is and how quickly you are easily able to lose money taking a chance on stock costs movements.
This happens because the prices of stocks are established by several external aspects which cannot be constantly foreseen and not while in the control of any individual. They behave to market forces, global aspects and any sort of news which may be linked to either the industry or probably a definite stock and in some situations these are not known and will occur very immediately.
Oracle Trader Software That Made Dustin Pass A Millionaire Trading Economic News Release FREE Download
Posted by admin in Online Forex Trading on September 1, 2010
Get this 1 Minute Forex Trading System FREE. First practice on your Forex Demo Account and triple it two times in a row only than trade live. Download the Oracle Trader Software that made Dustin Pass a millionaire FREE. Dustin Pass: This morning at 4:30 AM, the market gave you a major gift. Did you sleep through it? Here’s what you missed (hopefully for the last time): the UK Retail Sales news release came out, the market spiked up, and OracleTrader users made piles and piles of money! Traders reported up to 106 pips of profit, and many made back their investment in OracleTrader just days after taking ‘the plunge’ by registering. Traders were so excited to profit so BIG – it was a blast! But don’t worry if you slept through it – the market is going to give you more big “gift” trades (in fact it happens nearly every week) but you have to take the next step which is register for today’s very last ‘Closer Look’ webinar, by going to:
You heard right – today is the LAST DAY for the OracleTrader launch, and we are holding two final webinars for everyone who couldn’t make the webinars last week. With the amazing trade this morning, the webinar signup page will be flooded, and we WILL reach capacity. Seating is limited, demand is very high, and you can’t delay.I don’t want to sound alarmist, but if you don’t register now, you won’t get a seat. And if you don’t get a seat, you won’t be able to register. And if you don’t register, you are going to sleep right through tens of thousands of dollars in profits from the next major news releases.
Find out what everyone else already knows. I have been doing this for more than four years without a losing trading month, and I am an expert at helping traders (even brand new traders) do the same, but I have to limit the number of registrations that I can accept. And That is why we are shutting it down today, despite so many traders clamoring to get on-board. I know this is alot for you to take in so early, but everything will be explained in full detail and it will be a fun, educational, eye-opening, exciting event, so be there. It’s 60 minutes of pure education, plus I hold an open-ended Q&A session at the end which traders find to be extremely informative! Register while you can:
Even if you don’t register for OracleTrader, you are going to learn on this webinar – I guarantee it. I share everything I know about news trading on this webinar, and the response has been overwhelmingly positive!..In fact, look at these comments from the trade room this morning.. many of these traders just weeks ago had doubts too, but… it’s fair to say that they discovered the webinar was very valuable – read these:
- Mark P: Made back enough to pay off my first 1/3 payment. 60 pips on second half of order…
that’s 2nd 1/3 payment taken care of’
- Michael: 28 pips at $100/pip – yay!!! This week up $4200!
- Rajen K: Great product, i have made back all my losses I made on EAs
- Mike L: Still made 45 pips at 2 lots
- Thomas B : Made 40 pips, Awesome…
- Malcolm W: Thanks Dustin my first trade I made 106 pips…. No one is more surprised than
me…but happy!
- Debbie D: 100 pips on 2 mini lots, 50 pips on 1 mini lot, and 70 pips on 1 mini lot
- Mark T: exited for 42 pips
- NATACHA G: Got 53 pips!
- Mark P: 43 pips on that last push up
- Miha G: 75 pips
- Bart S: 2x 30pips and 1x 17pips = Happy days!!
- Jeffrey M: 60 pips this was my first trade
- Gary: Wow, my first demo trade made 54 pips, great
- Graeme S: 51+53 pips
- Kimberly M: 30 and 50 (pips)!
- Rajen K: 53 pips!
- BARRY B : I closed in 3 chunks at about 75 pips… if I had stayed in I could have bought
a new boat!
- Mark T: closed all at 42 pips, pleased with that
- James M: 119 pips Yahoo
- Dan D: 2 positions at 50 pips each. First trade, made $200
- Steven S: 74 Pips one platform and 35 on another
- Steven B: 41 and 58 pips for first trade! Thank you.
- Gary B: In at 1.55695…Out at 1.55945 for 25 PIPS
- Michaela A: in at 5519, out at 5576. 57 pips on each of 3 accounts!!
- Judith D: … I got 35 pips my first time…wow
As you can see, this strategy works like no other! Let’s get your name on this list for next time. And yes, time is of the essence, so register now or you will miss out. Avoid regret…
A Simple Pivot Point Trading System
Posted by admin in Online Forex Trading on September 1, 2010
Discover a Forex Robot that made 2,300% NET PROFIT in 2009 and download the Forex Auto Detector Software FREE that can increase the profitability of any forex robot by 53% and more. Try Pips Dominator that made $500,000 on average per year for the last 5 years RISK FREE for 60 days. First test a forex robot on your Forex Demo Accout and only then trade live. This is a very simple pivot point (PP) trading system based on three period pivot point moving average (PPMA) and the one period pivot point moving average which is much better than most of the moving average based systems as it uses pivot points (PPs) in calculating the moving averages.
A PP is calculated by adding the High (H), Low (L) and the Close (C) of a session with three. A three period PPMA is calculated by adding the pivot points in the last three periods. One period pivot point moving average is simply the pivot point of the preceding session.
A PP is a much better measure of the price action as it takes into account the range as well as the close of the proceeding sessions as compared to only the close of the proceeding sessions in case of the moving averages. This simple trading system can be used on the 5 minutes charts and above.
When the two MAs cross each other, this gives a trading signal that needs to be confirmed with a bullish or bearish candlestick pattern. This feature of using two MAs gives you an early warning system that helps you in telling you about the conditional price change. How do you determine the strength of the trend? A trend can be easily determined by drawing a simple trendline. Now when the slope of the two MAs are both pointing in the same direction as that of the trend, means that the trend is going strong.
Furthermore when the two MAs are equidistant from each other with a good degree of separation between the two, this indicates a steady trending condition. When the shorter term one period MA moves too far away from the longer term pivot point moving average this means an overbought condition in the market and when a crossover takes place, it means a conditional price change that needs to be confirmed with a candlestick pattern.
In trading timing is everything. It is not enough to know the direction of the trend rather you should also be able to anticipate when to enter the market. Many traders can correctly anticipate the direction of the trend but make a premature entry. They get stopped out due to the premature entry but feel frustrated to see the market launch in the predicted direction again.
This method of combing a pivot point analysis with a moving average approach will help you develop a mechanical and systematic approach to your trading. Now for a trading signal to develop, you need a conditional change in the price that is depicted by the crossover and a further confirmation from the market by closing above or below the MA.
In case of a bullish trend higher highs and the higher lows are verified by pivot point moving average. Similarly in case of a bearish trend, lower highs and lower lows are formed with each close below the open verified by the pivot point moving average.
Now, it all depends on you whether you are a day trader, swing trader of a position trader. This will tell you the best timeframe that you need to use in order to enter the trend. If you are a day trader simply calculate the range of the last few days and calculate the average range for the last few days. Suppose you calculate it to be 110 pips. With this simple pivot point trading system, you will be able to capture 60% of this range as a profit or in other words 66 pips.
A GBPUSD Forex Trend Indicator By Gary
Posted by admin in Online Forex Trading on September 1, 2010
Get this highly profitable Magic Breakout Forex Strategy by Tim Trush and Julie Lavrine FREE. Learn this powerful Fibonacci Retracement method FREE that pulls 500+ pips per trade. Discover Gary’s Forex Trend System! Trend trading is highly profitable. Trend trading is what can make you a fortune only if you can learn the art of identifying a trend at the right time and exiting it before the trend reverses itself. Here lies the problem, many traders can’t figure out how to identify a trend. Many also can’t figure out when the trend will come to an end.
If as a trader, you can’t figure out how to identify a trend and how to know in advance when a trend is about to come to an end, you should stay away from trend trading as the chances are that you will end up taking a huge loss in the market.
So, how do you identify when a trend is about to begin. You can use a number of chart patterns like the head and shoulder, double top, double bottom, ascending triangles, descending triangles and a host of other chart patterns that can help you identify when a new trend is about to start. Easier said than done!
Many traders can’t even identify these chart patterns on the chart what to talk of identifying when a trend is about to start. In the same way, these very same chart patterns can be used in knowing in advance when a trend is about to reverse itself. You can also use trend reversal candlestick patterns as well as trend continuation candlestick patterns in conjunction with these chart patterns.
But these things are easier said than done. Mastering these chart patterns as well as mastering candlesticks is not easy. Even many experienced traders have difficulty identifying these chart patterns. So, drop the idea of trading trends? No, not at all! What you need is a good trending indicator that has been programmed by the developer to identify when a trend start and when it is about to end.
Meet Gary. Gary has been a trader for around ten years. He has been trading forex for the last seven years. Just like any other forex trader, he bought every new forex course, he also tried every new trading system, blew up his trading account a number of times and couldn’t figure out how to make consistent money in the forex market.
Bu through hard word and long hours of trial and error, he has developed this Forex Trend Indicator. This is a very simple and easy to use trending indicator that will make you free of identifying when the trend starts and when it ends.
You can use this simple and easy to use manual trending indicator on your MT4 platform. It comprise three trigger lines that tell when the trend starts and when it ends. It tells you when to buy with a blue color and when to sell with a red color. Whatever, this is a very simple trending indicator that can give you more winners than losers without you ever bothering to study chart patterns or candlesticks.
It will give you an email alert or an audio alert when the new trend develops in the market. You can use this trending indicator on any timeframe above the 15 minutes chart. But it works best on the one hour chart. It gives very good results on the lucrative and the highly traded currency pair GBPUSD although you can trade any currency pair with it.
It is always a good idea to first practice on a demo account and develop a feel of how a system works under different market conditions. When you test it sufficiently, you can start trading live with it. You can try this Forex Trend Indicator on your demo account RISK FREE for 60 days!
How To Avoid Common CFD Trading Mistakes
Posted by admin in Uncategorized on August 31, 2010
Many novice CFD traders start trading the hard way, without learning from experienced traders that have made all the costly errors traders make on their way to success. To help understand the most typical mistakes made by traders and to save you from making similar mistakes with your own capital we have outlined a number of common mistakes below.
1. Trading for the wrong reasons.
A lot of people start trading with the intent of making a return from day one. However, there are a few people that trade for entertainment. For anybody who is serious about making a return, it’s important that you treat your trading like a business. Those who invest for fun will be lucky if they make money in actual fact most of the time they will lose.
2. Over-Trading.
You should avoid the temptation to over-trade. Over trading is a risk for all those traders that are not following a technique, choosing to sit down on the sidelines until a clear trend emerges is in itself a legitimate strategy. You must avoid the mistake of fully gearing your positions simply because you might have free equity on hand. It is also important to make sure that you do not invest with capital that you cannot afford to lose.
3. Psychological and Emotional Mistakes.
Developing the mind-set that you must get each trade correct is really a dangerous error to make if you can not recognize the fact that you will make mistakes and may even find it hard to close out of a losing position. Instead, your mind will find methods to persuade itself that the trade will swing around and become profitable. There is a danger that subconsciously you might become blind to evidence that suggests that you are wrong.
It’s essential to acknowledge that you will not get every trade correct and that you don’t have to get every trade right, this will permit you to deal with your trades effectively. Being wrong is something that we often feel terrible about. We are educated through positive reinforcement that we should feel good about being correct. This frequently presents problems when trading.
Losing trades can cause emotional distress and stop you from correctly analyzing the market. This may present a risk that you’ll commence over-trading in order to make back losses or to “get even” with the market. On the flip-side, winning trades can generate feelings of excitement and invincibility. If you make the error of permitting this emotion to take hold, you may find yourself taking too much risk or making stupid errors through carelessness.
You should seek to keep your trading related emotions under control. Wise traders will focus on the downside risk potential of each trade and will ensure that this is within their pre-defined parameters outlined in their trading strategy.
4. Not understanding the suitability of CFDs.
Trading CFDs has enhanced the trading opportunities for a great many retail traders. Contracts for difference are a perfect product for traders with a short-term time horizon along with a desire to increase their market exposure on a small amount of capital.
Contracts for difference are not always appropriate for long-term traders due to financing costs which often build up over time. Additionally traders who do not supervise their open positions will not find CFDs suitable. You always need to make sure that the amount of money that you choose to allocate to your trading account is an amount you could afford to loose.
Before you begin trading CFDs you should be familiar with the negative aspects associated with the product. As with all leveraged financial products, the risks will likely be higher if you don’t take the time to understand the product.
For traders that understand how CFDs work and learn to minimize their risks, there are usually considerable benefits from CFD trading. Through the use of leverage and also the convenience of trading, retail traders now have greater possibilities than they have ever had before.
Successful Forex Trading System
Posted by admin in Online Forex Trading on August 31, 2010
When trading in Forex market it is recommended to chose a certain time frame of a Forex graph and trade according to it only. Experienced traders use the time frames of 4 hours, 24 hours or 1 week. There are certain advantages and disadvantages of the big time frames. The bigger is your time frame, the more funds you have to invest to your trading account because each trading position requires higher margin. But at the same time you have the prospect to make higher income. The market’s situation is more balanced for higher time frames but it may take you more time to find a good opportunity to start a trade. In this article we would like to share a method of trading in 4 hours time frame using the candle stick graphs that can be found at all Singapore brokers
Pay attention that trading with four hours candle stick charts requires much patience and time. It may take you a plenty of time to find a good chance to enter the market and also from 12 hours to 5 days to keep a trading position. This strategy is based on the trends that sometimes take place in the Singapore Forex market. The target is to enter the market in the beginning of the trend and close a trade in the end of the trend. As for this strategy a trader must check the market and his open trades every 4 hours after the last candle in the 4 hours graph is completed.
When analyzing the market it is recommended to check the rates for the specific currency pairs for 4-5 days before on a 4 hours candle stick chart in order to find out if there were some trends before or there is a situation for a potentially good downward or upward trend coming. The decision of opening or closing a trading position may be done only every 4 hours when the last candle is completed and a new one has started.
If you notice that the last three candles show that the market is going up, this is a good signal to open a buy position. If at least 2 last candles go down, this is a signal for a potential downward trend and you can open a sell position. In order to minimize possible losses you can use such orders as take profit and stop loss. You can place a take profit order after 120 points in case if the prices between the opening and closing of the market did not exceed 80 pips for the last five trading days. If the rates surpassed 80 pips for the last 5 days, you can set up the take profit order for 240 points.
We wish all traders profitable trading and invite them to share their feedbacks of Forex trading in Singapore.
Forex Trading Method According To The Levels Of Support And Resistance
Posted by admin in Online Forex Trading on August 30, 2010
One of the keys of technical analysis in Singapore Forex trading are the levels of support and resistance. Every time the rate breaks a level of support or resistance, it is usually switching to another state and forms new levels of support or resistance according to its positions. Usually the changes are reversal – the support level becomes resistance and resistance turns to a support level.
The price of the market depends on the support and resistance levels. When it breaks one of these levels and doesn’t return at once so it is a great signal for any Singapore FX trader for a potentially profitable trade. However, breaking of one of the levels is not enough in order to assure you a high chance for a successful trade. It also requires the quality analysis of the breakthrough of the support and/or resistance levels.
Financial market has a spontaneous character and sometimes it is very irregular. Its volatility is often called as “market noise” and causes a lot of spontaneous movements. Making some researchers among the technical analysis books we can often find the images of a clear trend taking place after breaking one of the support or resistance levels. Such illustrations give a false impression to any newbie trader that Forex trading is so simple and making profit trading online is so easy. But the real Financial market is not as easy as it looks from the first sight. In order to realize how it works, you can analyze the historical prices of one of the currency pairs in the candlestick chart. There you will find a lot of support and resistance levels in the past periods and will be able to examine their breaking and trend appearance. As you will find out, in practice things are much more complicated and confusing. Here the problem is not only in the market noise mentioned above, it is a mix of many factors that can confuse any Forex trader – market’s random behavior, volatility, traders emotions and many others.
In order to make correct trading decisions and assure yourself a chance for successful trade, you have to create a certain criteria and rules that you will apply to the markets’ analysis before opening a trade. These rules will help you identify true and potentially good situations from false and irrelevant ones and increase your chances for profit.
According to their own experience many Singapore Forex traders obtain the levels of 3-5% for short-term trends and 10% for long-term trends. Still, this method is very simple and doesn’t show the real situation at the moment of the breakthrough price movements. Sometimes it is very difficult to decide for what trend these 10% or 5% must be counted.
FAP Turbo Review
Posted by admin in Online Forex Trading on August 29, 2010
You’ve heard the buzz surrounding FAP Turbo Automated Forex Trading Robot and it’s ability to turn $5,100 into $25,100 – In 30 Days – Is FAP Turbo A Scam? I take a look at the software’s claims and it’s deliverable proof.
Forex Robot
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What is an Automated Forex Robot? Basically it is an “Expert Advisor” or EA that plugs into the MetaTrader 4 platform run by most online forex brokers. The EA controls the market analysis and buying and selling of foreign currencies also known as currency pairs eg GBP USD (British Pound/US dollar, GBP CHF (British Pound / Swiss Franc).
There are several Forex Robots for sale on the internet but Is FAP Turbo the Best Forex Trading Robot out there? or is it just another means of putting huge holes in you pockets. I personally use the software with the Metatrader platform and wondered if this was just a re-hash of the old Forex Auto Pilot (FAP) script.
The ultimate goal of FAP Turbo forex software is to provide a tried and tested method for ordinary people who want to trade the global forex markets without having to understand all the charting and technicalities of the market. The robot operates automatically, the investor just needs to leave their computer turned on 24 / 7. If leaving you PC switched on permanently is not possible, a remotely hosted VPS Server solution is recommended.
The design is such that the trader needs no previous knowledge of forex trading – a simple installation process is all that is required. The 3 “nerd” programmers have made FAP Turbo forex trading software really easy to setup just a simple single file download is required – then the EA is “plugged-in” to the host trading platform Metatrader (provided free by several brokers) takes over all the trading activities, all automatically controlled by the FAP Turbo EA.
You can use this software simply to get real-time forex prices and place manual trades or, to automate all your trading activity simply “plug in” your copy of FAP Turbo forex robot then active “Auto Trading”. Once you are happy with the performance of the robot trading your dummy cash account and your balance is looking healthy, it’s time to open a live account.
Seems simple heh, you just leave your PC switched on and the robot software, in conjunction makes you a boatload of cash! as they say “BIG Money Is Made NOT By Working Hard But By Working SMART!”
BUT HOLD on! as I mentioned earlier, there are several trading robots available for sale on the internet and depending on the configuration of these trading robots it is VERY easy to lose a lot of money too!
I have tested many and lost entire deposits – don’t worry these were just dummy cash deposits which you can easily set up inside Meta Trader’s Control panel.
FAP Turbo is different, it shows the forward live trading. This is conclusive evidence as the accuracy can be proved by the software’s back test report. The makers are so confident of the profit pulling power of this EA that they provide a LIVE! trading account statement showing all of their FAP Turbo trades on their website.
Programmed by 3 IT geeks, Ulrich Mike and Steve, they took Marcus B. Leary’s original FAP (Forex Auto-Pilot) coding and totally re-engineered it to create a much more stable solution with a built-in anti loss mechanism – a unique feature when compared to legacy forex trading robots.
The new self contained rules have been fully tested using back test data to ensure profitability over a given time period. Further proof is demonstrated by the geeks by testing forward live trading.
Take a look at their cash multiplication report:
* $370 Turning Into $7,300- In 2 Short Months
* $2,500 Turning Into $8,700 – In 45 Days
* $10,000 Turning Into $31,400 – In 90 Days
Once you have installed the downloaded package you can open a demo account with dummy cash, (eg $5000 or $10,000 – all deposits are in dollars) in order to test your various robot’s performance with various foreign currency pairs before risking real cash, BUT with FAP Turbo, the above figures were obtained using a LIVE account with REAL money, they have certainly put their money where their mouths are. YES! this is LIVE data and you can check out the live online trading account statement . The results refreshed every 15 minutes, see FAP Turbo Forex Robot in action, this will show live proof of both back testing and live trading.
But always remember regardless of a robot’s previous success there is no guarantee of future success and bearing this in mind ALWAYS use a good money management strategy, this is essential to ensure that you “live to fight another day” and not blow all your hard earned cash. FAP Turbo authors recommend that you test the EA on a dummy account as results differ from borker to broker. Once you have proved for yourself which currency pairs work best with your broker, it’s time to go live.
A clever addition is the “stealth” option that can be switched on or off, it hides all your “stop losses” and “take profits” form the broker so that they will never know when you plan to enter or exit a trade thereby ruling out any underhand tactics used by cheating brokers. FAP Turbo can also fake the actual stops and TP values visible to the broker again providing another level of safety to the trader – a nice safety valve.
To conclude, this is the only robot I know of, trading and displaying live real-time proof of the EA making REAL money, so therefore in my opinion this is the best forex trading robot, how many other trading robot vendors are willing to show you their bank balance, you might see some fake Photoshop’d screen shots – but how many live?
In the membership area, the authors are planning to change FAP Turbo from purchased software to a monthly membership model, it has already gone up $50 in price and is still fantastic value – I got in early and paid the launch price which includes lifetime updates and support. Remember when you buy FAP Turbo you can evaluate it risk-free for 60 days. If you are not happy for any reason you can request a no-questions refund so you are not risking any money just for trying it out. Once a refund has been issued your activation code will become invalid and your forex robot will stop working – so you really have nothing to lose.
Happy trading!
Get FAP Turbo here.
Bloggers that are want to get more info about the sphere of retirement investing, then visit the website that is quoted in this passage.
Juliya Ivanov And Her NoNameBot That Can Trade The Lucrative EURCHF Pair With 99.9% Accuracy
Posted by admin in Online Forex Trading on August 29, 2010
Watch this weird 30 minutes Forex Nitty Gritty video by Bill Poulos just now. Discover a Forex Robot that made 2,300% NET PROFIT in 2009 and download this Forex Auto Detector Software FREE that can increase the profitability of any forex robot by 53% and more! Try Juliya Ivanov’s NoNameBot RISK FREE for 60 Days! Every few days, you will find a new forex robot being launched. The problem with most of these forex robots is this that they look very good on backtesting but most fail during live trading. Most of them have been developed from the stolen code and most trade the crowded EURUSD and the GBPUSD currency pairs.
Meet Juliya Ivanov, a highly successful forex trader for the last 11 years. Infact, she has been beating the big boys with her highly successful manual trading strategy that she has perfected over the years for the lucrative EURCHF currency pair. She had made a fortune with her manual EURCHF trading strategy.
Last year, one of her friends showed her a forex robot. Juliya was impressed with the idea of automated trading and decided to launch her own forex robot based on her successful EURCHF manual trading strategy. Well, she could develop her own forex robot herself as she had a masters in computer science.
She named her forex robot, the NoNameBot. Yes, she did not want to give any high sounding name to her forex robot like most of the other forex robot developers. Rather, she was more interested in focusing on the trading strategy that her forex robot would use.
She kept on delaying the launch of her forex robot while perfecting the technology for her robot. She has introduced a number of ground breaking technologies in her robot. The most important is the Automted Price Action Investigator APAI Technology. This technology is instrumental in making her NoNameBot 99.9% accurate in trading the lucrative EURCHF currency pair.
This APAI Technology uses an algorithm that determines the market changes and trends 24/5 and remembers everything that happened in the market before taking any action. Juliya calls this ground breaking APAI technology her secret weapon that makes the NoNameBot 99.9% accurate in trading EURCHF pair. Then she has also developed Highly Sensitive Algorithms for her NoNameBot that can determine the extreme levels in the market, the turning points in the market as well as when the original trend resumes.
Juliya says that these two ground breaking technologies, the APAI Technology and the HS Algorithms make her NoNameBot 99.9% accurate and 99.9% loss proof. Then Juliya uses another ground breaking technology the Currency Correlation Analyzer that can analyze currency correlations like when the EURUSD and the USDCHF currency pairs move in tendem before making the trading decisions.
Then there is an inbuild One Way Leverage Money Manager System that protects the profits by changing the position sizes and also reduces the risk of drawdowns. She has also provided the broker stealth mechanism in her robot that makes the trades hidden fron unethical brokers so that they can’t hunt the stops. This robot is indeed groundbreaking and Juliya is right in saying that her NoNameBot will be a true winner.
NoNameBot has been programmed with a self learning algorithm that is hard coded with tough and sophisticated rules for trading the lucrative EURCHF currency pair. Juliya will also provide you with a MetaTrader MT5 version of her NoNameBot free of charge. You can test Juliya Ivanov’s NoNameBot RISK FREE for 60 days on your demo account. This will give you a fairly good idea of how powerful this robot is. Once, you are satisifed with the demo testing results, you can trade live with it!
Scalping As The Effective Online Trading Technique
Posted by admin in Online Forex Trading on August 29, 2010
A strategy of scalping is very popular among Forex traders. It is applied by traders who get the profit from the rate fluctuations during one day. Usually the time between the position opening and closing is very short and may last only few minutes. Accordingly the profits made from these positions are low too, but the total earning achieved by the big number of trades can be high enough. Some traders may make up to 200 positions a day.
It is evident that not all of these positions are profitable, the goal is to get the profit in total, that is quite possible. While making scalping the stop-loss order is set closer to the price of position opening in order to guarantee the decrease of losses if the market changes its direction.
All online traders know about the volatility of the Forex market. Even the rate within one day moves by a certain cycle with its ups and downs. If during one day the average price change is about fifty pips, the difference between the minimum and maximum prices will have much greater value. Once you catch a small movement, you will have a chance to significantly increase your capital.
Novice traders often get a false impression of the brilliant opportunity to grow their investment as there is an opportunity of reinvestment. Unfortunately this first impression may be wrong as without any proven strategy, this tactic is doomed to failure. First of all you need to know on where you place the stop-loss orders. Because if you set it up too close to the price of opening, it increases the risk of losses in the market during the volatility even if you can forcast the direction of trend correctly. In order to diminish this risk, we recommend you to avoid placing the stop loss if you make scalping. But you must always be in front of the trading platform and watch your positions. In case of a quick movement against you and there is no vivid marks to roll back to initial levels in the next few hours, you must close the trades, otherwise you may lose more. More than that, if you have a big investment and trade without the stop loss, your total balance may be lost and you will get a margin call.
The next reason of the beginners’ failure might be in the emotional side and the tension that arises when dealing with real money. We recommend all beginners to try scalping trading on a demo account first, since there is virtual money there is no fear of loss.
Every scalping trader must be careful while selecting a Forex broker to trade with. Not all Singapore brokers allow scalping. We recommend you to review the best Singapore Forex brokers list and join the one that meets the needs of your trading method.
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