5 interesting tips learn Forex Trading

How to learn forex trading that is fun, can help us understand the technique to play forex without emotions and much lamented over their fate. Here are a few tips for traders :

1. Don't rush to Deposit

Don't rush to make a deposit. In the world of forex trading there is such thing as "Demo account" which is provided for free by the broker, for which we can all try to trade with virtual money to thousands of dollars. This demo account trading is indeed different tastes with a real trading account, but if the reading graph and see market conditions alone can not, what it means to deposit!? We will only be willing to donate to the pockets of brokers.

To get this demo account, simply sign up to multiple brokers that provide it, then download the trading platform, and try to play it. A few days after registering, CS officers could be a broker will call to urge us to deposit, but my advice, do not deposit first before at least know how to get the profit on a demo-account.

 

2. Join the Trader's Forum

Now many traders forums exist in the larger cities, could be compiled by the IB/affiliate broker, master trader to a particular workshop, or just a gathering of independent traders chat. In this era of the internet, the trader forum there is an offline and online. This means that, although unable to find forum trader in the area of domicile, you can still join the discussion forums in cyberspace.

Of online traders forum can also be followed with ground coffee if met with fellow sewilayah. With a friend who can be invited to chat, then can get the motivation at once enlightened when encountering difficulties.

 

3. Create a funny Note

Tip number three is probably more appropriate when you are still young at heart and likes to crank, but it really can be applied by anyone. Remember when you were in school doodling times the book with a highlighter or pen? A boring lesson ever so fun and can memorise easier.

Similarly, although the new Learn forex trading in demo account or real account already tried, make a note of your trading activity. Trading journal as this could just be the pen only to draft screenshot graph trading. But if that's all, how can remember what should be studied or worthy of note? If you are easily forgotten, then it may be beneficial to make trading journal with ink or glue colorful stickers funny.

 

4. Sign up for Broker Bonus Without Deposit Providers

If you already want to try trading with real money that is not as big as the amount of virtual money on the demo-account, then try to register accounts at brokers that provide a bonus without deposit. In this kind of account, you simply register, and will instantly get a Fund of $ 5, $ 10, up to $ 100 (subject to the provisions of each broker) that can be directly used in trading. Find the broker that provides forex trading account Without a Deposit.

Usually, it's hard enough to withdraw funds from the trading account profit of this kind, but it is suitable for beginners to practice because of the amount of funds was very limited but real trading conditions apply. It is not impossible as well if feels fit with the broker and then add the contents of the deposit to start serious trade.

5. Join the Demo Trading Contest

Feel qualified enough already and want to know how agile compared to other traders? It's worth to follow the contest demo account trading is also widely held broker at regular intervals without the need for a deposit, you simply sign up, get an account with virtual funds and then race to get the highest possible profit. If luck goes into the ranks of winners, then can get the prize funds for trading or money that can be withdrawn in cash.

In addition, rival You later instead of just a novice trader, but also experienced traders who target achievements as well as gifts. As a beginner still learning forex trading, your mental will be tested here. Chasing each other with time, target opportunities in the market, competing for a position in the ladder of the winner, there is a separate keseruan that could be felt, especially if can finally win.

Differences Swap Free Account and Standard Account

Swap account variation appears along with the popularity of trading is on the rise. Traders appeared from various backgrounds and each broker trying to provide the best services and facilities for the needs of traders. One of them is the swap-free account.

The swap-free account or commonly called Islamic accounts are special types of accounts provided by the broker to trader adherents of Islam. This is due to the law banning the Islamic jurisprudence flowering business transactions. Brokers certainly like to employ clients from various backgrounds and start emerging Islamic accounts swap-free account. Through these accounts, muslim traders can trade without the need to pay interest.

Then, what is the difference with the swap-free account standard account?

The Meaning Swap-Free
Swaps are usually experienced traders trading position when opened up to stay past midnight. The adjustment is calculated from the bank interest rates applicable and can vary depending on the position of the trading and the traded pair. In other words, interest swaps are to be paid a trader.

Each country has a different interest rate and will continue to change. That is why there is a currency with high interest rates and there is also a currency with low interest rates. Therefore, the trader is obligated to pay interest on the currency he had sold and will receive interest of currency bought.

From here it can be inferred that the Swap-Free means free of charge of this kind.


The Swap-Free Account differences and standard account
Standard account users will be charged a fee or accept swaps if open position overnight or 24 hours based on the server time. While the Swap-Free account, the user will be exempted from swap if open position until past midnight. Traders Swap-Free account users will not earn interest when the currency he would have higher interest rates, but also do not have to pay interest if the currency he would yield lower than the currency sold.

It is associated with the Islamic law. Swaps are tantamount to usury because taken from the difference in interest rates. Therefore, it is not a little Muslim traders prefer this type of account.

On the other hand, not least also a not too fond of this type of swap-free accounts because of the opportunity to benefit from the swap will be lost. However, keep in mind that the interest rate each country will be constantly changing so traders will not necessarily benefit from the swap. Vice versa, the trader will not always losers hit by the cost of swaps.

Now, many brokers provide Islamic accounts specifically for Muslim traders only (on condition that showed identity cards). However, not a few others brokers provide swap-free accounts that can be used by all registered clients, so all traders can feel such facilities without having to open a special account.

Each broker also provides different system. Some brokers will replace the swap interest charges with the Commission remain. This means that traders will still be charged Commission trading to position trading is open later than the night away. The amount of the Commission is different on each broker in accordance with their respective provisions.

If you are a Muslim trader and want to continue to trade without usury, this type of swap-free accounts or Islamic accounts are the answer. Always pay attention to the rules and conditions of the respective broker before you open this type of account and customize with Your trading conditions.

Australia Consumer Sentiment Bright, AUD / USD Ascending

Australia's consumer sentiment rose 2.0 percent in August compared with July, following cuts in interest rates that are applied by the Central Bank of Australia (RBA) to new low level last week.

The index of consumer sentiment released by The Westpac Melbourne Institute on Wednesday (08/10/2016) this morning rose 2.0 per cent towards level 101.0 in July, indicating that there are more consumers who are optimistic than pessimistic consumer in Australia though it fractionally.

The acquisition increases with the comparison of four of the five components of the surveyed, strengthened in August. The only component that SAG is the perception toward the economic outlook in the next five years, where there is a decline by as much as 0.4 percent marginally. 4.3 percent of the family's finance predicted to surge next year.

"The response to this development has been more calm than when cutting interest rates earlier," said Bill Evans, Westpac Chief Economist quoted by MarketWatch.

Political Influence
In may, consumer confidence increased 8.5 percent, according to the survey of Westpac. Political influence likely participate in the consumer confidence numbers. The results of the election that returned the Liberal National Party Coalition to the Government estimated at hardness, noted by the survey respondents, said Evans.

Responding to the report, Australia Dollar climb hike against the U.S. dollar, with the AUD/USD traded at the range 0.7691, up 0.25 percent from the previous position.

In addition to Consumer Sentiment, Australia also released data on housing loan for the month of June rose 1.2 percent, below the 2.4 percent increase predicted for the base MoM. Housing financial investment for the month of June also rose 3.2 percent, below the 3.9 percent last month. During the later, Governor of the RBA, Glenn Stevens, is scheduled to deliver his speech.

The Us Dollar Is Still Solidly Ahead Of The European Session Today

The U.S. dollar is still holding strong positions amid market confidence that the U.S. Federal Reserve may raise interest rates at the end of this year. The dollar index, which measures the Greenback's strength against major currencies, erasing a decline which was formed at the beginning of the trading session today with a rise of 0.1 percent to as low as 96,474.

National Holidays In Japan
The Fed funds futures show the percentage increase in the interest rates The Fed in December had a 50-50. The figure is already higher than the interest rate hike chances survey 30 percent diniliai on last week. USD/JPY stabilized at 102.42 yen, a pretty good distance above the low level last week on the position of 100.68 yen, while the Euro dropped 0.1 percent to 1.1077 per u.s. dollar.

"This week a lot of people who were summer vacation in Japan, so the volume is relatively low and there is not a lot of factors moving the market," said Koji Fujikaya, President of FPG Securities Tokyo is interviewed by Reuters.

NZD Awaits RBNZ Policy
On the other hand, the New Zealand dollar was stable despite expectations that the Central Bank of New Zealand (RBNZ) will cut interest rates next Thursday worth 25b became 2 per cent, while its tampakn forex liquidity will thin out because of public holidays in Japan. 24 of the 25 economists Reuters estimates cutting interest rates, even at a quarter to four, the RBNZ could cut flowers until the tribe of 1.75 percent or lower.

Meanwhile, the dollar's gains and remove Australia slip to 0.3 percent by trading at 0.7625 post index numbers business NAB, whereas the NZD/USD traded stable in numbers 0.7133.

Speculation Freezing OPEC Rise Back, Oil Market Still Sanctions

Oil prices rose almost 3% on Monday yesterday (8/9/2016) after growing speculation that OPEC will again try to control their output. Rumors that appears is supported by the statement of the President of OPEC and Minister of energy of Russia, thus easing fears of a deluge of surplus oil that had previously been suppressing the price plummeted to a low level of up to three months. However, market participants still tend to be careful.

OPEC Would Freeze Output In September?
The Wall Street Journal late last week reported that OPEC countries such as Venezuela, Ecuador, and Kuwait, want to pioneer again the cooperation between the Member countries of OPEC with non-members such as Russia, in order to control the global oil supply. Similar alternative form of freezing the level of output was previously failed in April after Iran denied its demands to join the deal, while Saudi Arabia refused to run if not all OPEC member countries promised to do so.

Qatar's Energy Minister who also serves as the current President of OPEC, Mohammad bin Saleh al-Sada, yesterday stated that the decline in oil prices recently and the market volatility now is merely temporary. In addition, he indicated if OPEC continues to monitor developments and always rolling out active discussions to stabilize the market.

The comments further strengthened speculation will strive in his back output, possibly freezing cooperation at a meeting of an informal side by side with the International Energy Forum in Algeria on 26-28 September. Moreover, the Energy Minister of Russia, the world's largest oil producer countries, revealing that although it assesses the price of crude oil is not on the level that requires intervention, but he remains open to negotiating with OPEC.

The Rally In Oil Prices Is Still In Doubt
However, market participants have not yet entirely sure oil prices will recover again.
Most experts interviewed Reuters assumes that OPEC'S intervention inevitable, due to myself because of the growing number of u.s. oil wells and a weakening demand for oil. The reason, Baker Hughes on Saturday and then reported that the amount of oil drilling rigs in the land of Uncle Sam has increased for the sixth consecutive week, while crude oil supplies instead of dropping even grew.

However, most market participants addressing the current oil price rise with more caution. Last night alone, the price of oil briefly rose 4% to the highest price in one session, but then flattens out towards the closing of the market after news that the Louisiana Offshore Oil Port will increase its capacity of 2.5 million barrels in April 2017.

Matthew Tuttle Tuttle from Tactical Management in Connecticut, the United States, said, "until proven otherwise, (the rally in oil prices) this is still a correction in the market is bearish (price increase while only). You can experience the massive (price) movement like this, and if you could download the trading-fuck it up, (it) was great. But if you want to see the rally again to $ 50 and more than that, I'm not ready (memproyeksikannya). I think we will still see prices fall to below $ 35 a barrel before it gets to $ 50. "

The WTI oil prices currently are at a range of $ 42.60 a barrel, slightly lower than the closing last night at $ 43.02, but still above the low $ 40 level contained last week. Meanwhile, Brent oil is now traded in the range of $ 44.95, whereas last night closed at $ 59 a barrel.

The US Dollar Rise, Together With The Interest Risk After NFP US

The U.S. dollar showed strengthening against the Yen in early trading session Monday (08/08/2016), extending his acquisition after reports the US exceed the NFP last week. The Non Farm Payroll numbers rose 255.000 in July exceeded the expectations of the 180.000 estimated by economists Reuters. As a result, expectations of u.s. economic growth as well as the probability of a rise in the interest rates the US Federal Reserve is supported.

USD/JPY strengthened 102.13 yen, rose 0.3 percent in early Asian trading session today, continue strengthening since late last week from 100.68. According to strategist of Daiwa Securities, Yukio Ishizuki, U.S. payroll data injecting risk interest to market sentiment and complicate motion yen for now.

On the other hand, the Euro SAG as low as 1.1046 per U.s. dollar on Friday, the lowest level in a week. In the morning session of this commercial sata news written, the EUR/USD positions 1.1002, tend to be flat from the level of trade in the American session last week. While the GBP/USD, falling to the lowest level of 1.3021 range, since the beginning of July, and last traded at 1.3078 position.

The index tracked the U.S. dollar strengthened against six major currencies with a high level of 96,522 on Friday, up 1.6 percent from the low level of five weeks in the number 95,003 which touched on Tuesday.

The Fed Squeezed Amid Projections Of Other Central Banks Monetary Easing
However, a rise in U.S. interest rates still have to face the challenge, among others, the uncertainty of Brexit and a slowdown in China. The Fed funds rate futures put up an estimated 20 percent increase in opportunities for interest rates in September and less than 50 percent chance for a rise in interest rates at the end of the year. "The market thinks that it would be difficult for the US Federal Reserve to raise interest rates while other countries in the world is searching for loopholes to loosen monetary policy," said Ishizuki cited by Reuters.

Thin Gold Price Decline After China Trade Data Release

Harge gold in the Asian trading session on Monday (08/08/2016) experienced a decrease in thinner data release along with the existence of a trade balance surplus of Chinese in the country. When a news story is written, the XAU/USD traded in a range of price levels of 1.335 us dollars.

Meanwhile, on New York's Comex Exchange Mercanile, the price of gold futures for December delivery declined by 0.21 percent to 1.341 price to as low as us dollars per troy ounce. While the price of silver futures for delivery in September to price levels 19.67 us dollars per troy ounce, slipping 0.74 percent and prices of copper futures for delivery in September increased by 0.84 percent to as low as the price of 2,172 us dollars per troy ounce.

The Chinese Trade Data Release
The State of China is one of the country's consumers of precious metals gold is the second largest in the world. Therefore, the existence of trade balance data release in the country will exert influence
the price of gold.

Trade balance data in China in July this year crept up into surplus 52.31 billion when compared with the previous month of June trade balance of China only surplus 48.11 billion and analysts predictions 43.60 billion. While the export sector in the country is experiencing a rise in thin from-4.8 per cent to-44 percent, below expectations and import sectors shrank from-8.4 per cent to-12.5 percent.

Strengthening The Employment Data In The U.s.
In addition, during the golden week trading session yesterday, the price of gold declined on Friday to the lowest level over the past week. These conditions are driven by the data of the U.S. economy in July showed an increase in above expectations.

U.S. Department of Labor on Friday night and then declared that the US's uphill NFP data very significant be 255.000 above estimates will drop to 180.000. In addition, the unemployment rate stagnant at 4.9 percent due to the increasing number of people entering the labor market.

A report from the U.S. Labor Department also presents data on average wages per hour on a monthly basis which rose by 0.3 percent, above estimate would rise 0.2 percent. The presence of the reinforcement on the U.S. labor market data can further elevate the probability against a rise in U.S. interest rates by the Fed in the coming months.

Speculation for the rise in U.S. interest rates by analysts with opportunities increasing by 15 percent to a rise in US interest rates in September. Besides that, the odds of 44 percent rise for the month of December, up from only 33 percent previously.

As it is already known that the gold price trend amongst U.S. interest rates high will likely decline (bearish) and will compete with asset berimbal behind the flowers.

The Rules And How To Forex Trading

Equipment For Playing On Forex
Before entering into a trading, we first explain about the supporting infrastructure. For online forex trading takes only PC computer, and Internet connection. In addition, it also required the forex trading platform software that can be downloaded and used for free. Where can I get software to play it forex? Of course from a broker that will connect You to the forex market as traders.

Very easy is not it? To see an illustration of how online forex trading can be directly on your computer with the demo account is also provided by the broker.

Play forex can be done at any time, because of the time and hour forex trading takes place 24 hours since Monday through Friday.

The Base And The Way Forex Trading
Basically forex play performed by looking at market conditions, and then predict whether the value of a pair of currencies will be up or down. The prediction was later executed by opening a trading position (open position).

In forex there are only 2 types of open positions. I.e.
1. buy/BUY/LONG Position opened forex trading: If the value of the pair predicted would rise
2. Buy/SELL/SHORT: forex trading Position is opened if value pair predicted going down

For more details see the illustration of two people play forex below:

Handoko entry at position BUY (BUY) EUR/USD at 1.3000.
After a certain time, Handoko CLOSE 1.3064.
In doing so, Handoko 64 pips profit.
If Handoko CLOSE at 1,250 then Handoko suffered losses of 50 pips.

Erik entered in position SELL (SELL) GBP/USD in 1,500.
After some time, Erik CLOSE at 1,400 for 100 pips profit.
If Erik CLOSE at 1,650 then Erik loss 150 pips.

Close it is to close a position trading is running or open.
PIP is the smallest unit in the forex. Understand the value of the pips are very important for anyone who is learning how to forex trading.

Conclusion
Requirements/infrastructure in forex trading online is very easy and cheap.
The basics of forex trading is very simple: buy if it predicts will be rising, and sell if it predicts will decline. If predictions are correct then it would gain, if not then the opposite.
Infrastructure, ways, and rules to be able to play the forex is easy. The difficult part is how trading correct in order to be a winner/profit.

Exercise tips for Forex Demo Account

Demo accounts allow novices to practice instead of trading with real money, but on the actual market conditions. This is a very good choice to know forex trading as well as testing the trading system, because there is no money diresikokan. You can find out how your system will work. And you can practice with a forex demo account for as long as You want, until yain and steady against your trading system.

How to benefit from this demo account facility to the maximum and seoptimal may be, here are a few points of reply you can use as input:

1. The intention is straight, that you will find any trading experience.
Before venturing into the forex market, you must have some pointers to consider. Involved in forex trading with little or no experience at all will only produce results that are painful. Trust me, you'll probably lose most of your capital and become frustrated because you think initially that forex it is very easy to make money.

It is one of the common misconceptions in forex trading. Although there is a lot of money floating around, that doesn't mean that you can make easy money from it. Like any endeavor in life, appreciation would come after you've worked hard for it. In the hard work that there are factors in learning, testing, fall awake etc.

Forex demo accounts exercise plays an important role in their learning. Even money used therein are virtual money, but can simulate real situation if the money used is the real money in the real account). So even if only a demo-account, but you should really, really serious training for the purpose of getting the experience of running mates for the sake of the stock later falls entrance to the real account.

3. how long does practicing with a demo-account
It is recommended that you keep practicing on demo accounts to produce consistent results and good. You just have to be patient; Remember that your goal here is to have a more perfect trading systems, master trading psychology better, later you can use.

The question is, how long?
It all back in their respective personal, but the longer between 6-12 months, or longer, will be the better. There are no market conditions are exactly the same repeating every day/month/year, so the longer you are able to survive and profit in a demo account, mirror your successes in the real account is getting real. The longer your experiences on a demo-account, the more the stock and your weapon later on real accounts.

What if the Fund runs out virtualnya? calm, brokers usually allow you to ask for additional funds to be used in a virtual demo account.

3. Try a demo account on some brokers
Although basically the same, there is no harm in you also try to experiment with demo accounts from multiple brokers. At the same time You learn to discern more details over the technical aspects (speed) of the execution of each broker. If you are experimenting trading robot on the demo-account, you can get the facts different results on each broker although robots that used the same. Why? Well, this is where you'll get a topic and learning to Your search and Ahold.

4. Practice with serious and consistent.
Diseases of new-traders began studying with a demo-account is ' underestimate and neglect '. Because the playthings only so lazy to control, monitor, inconsistent learned etc. "Anyway I also don't lose out right just virtual money", which is like new this will feel the consequences later if on account of real funds You've been bankrupt and you therefore ludes. So, serious, committed, and consistent, although this is only a simulation.

5. make trading conditions nearly represent your trading scheme plans on a real account.
The simplest is the next time you're planning a real trading with a capital of $ 1000 and a small lot with 0.1 Lot, then when you configure the demo account, create it and do it that way. So the picture of the potential profit and losses more quickly you understand.

Note:
In addition to trading a demo account on your PC/laptop, you can also trade the MT4 demo account in the app that can be downloaded on a gadget/android using the same username and password.
Keep there are successful traders wrote without practicing first on the demo account. But the more the majority fail.
When switching to a real account, make sure first that you have been the most successful traders in the demo account.

These 7 reasons learn Forex Trading

Forex trading can be done from anywhere. Grab a laptop and turn on the internet connection, then it could Transact from your trading account. Another advantage of forex is no need special education or diploma to start. With the right training course, you can directly Transact.

Here are 7 reasons why you should learn forex trading:

1. Forex market Never Closes
The Forex market is open 24 hours a day (except weekends), which means in the United States will open on Sunday at 3:00 pm EST and closed on Friday at 5 pm EST, so as to allow traders can transaction anytime as you wish. When compared to the stock and commodities markets, then the opening hours of the Forex markets seem far more profitable. For example, us stocks traded only at 8:30 am-6:30 pm (EST) on weekdays only.

The flexibility of the time in the forex market is certainly will give You enormous leeway to determine when you will Transact. For example, you might decide to trade after coming home to work, early morning, or in any other time. Whenever you want to trade, at any size, there will always be enough buyers and sellers into a pair of your transaction. The nature of a market such as this will certainly give you the leeway to manage trading during your daily routine.

2. Minimum investment
In forex transactions, we do not need very large funds. Unlike with conventional trade that requires funding of the items to be purchased, on forex we only require much less funding.

You can open a Forex trading account according to your financial ability. There is a broker where you can open an account with a capital of at least $ 1 or $ 5. Of course, the more funds you prepare for trading forex, then it will be getting bigger also your ability to take advantage of market movements, but to start trading forex is actually not need capital.

3. Leverage is great
In the stock market, not many people are willing to lend or bank capital for free. If they exist, would be very difficult to convince them to want to give loans. Therefore, happened in the stock market is, if you have an account of $ 10,000, you will only really afford to buy shares worth $ 10,000 only. Leverage in the stock market the most is only 4:1, and leverage on commodity markets varies depending of the commodities traded. Because the commodity markets that is not liquid like Forex market, leverage tends to be small.

By contrast, in the currency market, You can use the ' money lent ' (leverage) more easily and in larger quantities. For trading with a balance of $ 10,000, you only need to spend about $ 50 (margin lending ratio of 200:1) up to $ 200 (margin lending ratio 50:1). Depending on the size of the Forex account, You may be able to leverage 100:1, 200:1, there is even a broker that offers a leverage of up to 500:1 or 1000:1.

4. Can generate profits in Any market conditions
Forex trading opportunities are seen as prices are fluctuating (up and down). And the magnitude of the rate fluctuations are known as volatility. Volatility is a measure of the maximum refund that can be generated by a trader. Volatility for the most liquid shares is between 60 to 100. Meanwhile, volatility for trading currencies is 500. You can profit from volatility by making use of the capabilities of the forex market to "buy" at a time when expectations prices will rise and "sell" as prices are forecast to be down.

Usually in normal trade, to get the profit we need to buy goods with a lower price and then sell them at higher prices. In a conventional business, you don't get to be the buyer while the seller in the same period. Also different with a stock can only profit if prices rise. In forex trading, a transaction can occur in two directions: buy and sell.

5. Low transaction fee
A transaction currency is not normally subject to a Commission or transaction fee. For forex traders, the spread is only needed to take a position trading. Due to low transaction fee, individuals can constantly dealing with a small fee. As an estimate, you are only given the spread of 0.03% of the size of your position. For example, you can buy and sell 10,000 Us dollars with only incur a spread of 3 points, or the equivalent of $ 3.

6. Unlimited earning potential
To be able to generate profits from forex trading is not easy. As with any other business, you have to be diligent and do not easily discouraged. However, once you have a mature experience and understand the techniques generate profit through forex trading well, so your earning potential is unlimited. There have been many stories of successful forex trader is told, and you have a chance to be one of them. Forex Trading offers a great return on an ongoing basis if managed properly, so that it can serve as a long term business. However it should be noted, forex trading is not for those who want to get rich.

7. Market Transparency
In stock trading, will very likely you are experiencing the event where one news alone can raise or lower the price movement of a stock that you have purchased. Stock prices can be drastically changed due to action or no action from one or a few individuals.

On the other hand, the value of currencies are influenced by many factors and also by many individuals or groups. Because the coverage is great, the currency market is difficult to manipulate. The possibility of ' insider trading ' is almost non-existent. This is a great profit in forex trading. You can manage risk and carry out orders in a matter of seconds. Very efficient and allows to avoid things that are unexpected as "surprise" trading.

Conclusion
Forex trading is indeed a high risk, but with a good trading system, a good money management skills, and some level of self discipline, Forex trading risk can be minimized. Especially when you've got enough guts and ready to apply yourself to learn forex trading to be successful.

The Forex market can be traded anytime and anywhere. As long as it has access to computers and the internet, you can certainly trade. An important thing to keep in mind before entering into currency trading is an exercise with the "virtual money" on demo account. You can search for the trading platform and forex brokerage practice in real-time with real market data, but without risking your own money. Although the demo account is not a guarantee of success, but the practice can make you better prepared when start trading with real money.

Tutorial Best Time To Trading Forex

Once we know what the Forex trading and anyone who played in it ... it is time we learn when the right time for trading. One point that we should not miss!

Previously it has been mentioned that the Forex market is open 24 hours. But that does not mean we have to continue to sit in a chair and staring at a computer screen for 24 hours, in case the market moves would threaten us. Not like that.

We can turn off the computer and went to bed, because whatever happens in the market, we can profit from it. Whether the market moves up, or when he slipped. The new issue will come if the market did not move.

We already know from previous material that forex is traded 24 hours a day. But in fact 24 hours are divided into four trading sessions:

• Sessions Sidney
• Sessions Tokyo
• London session
• New York Session

The Tokyo Trading Session
In addition to the known as the Asian Tigers because of its economic progress, in the world of trading Japan also known as Forex trading center, the third largest in the world. The yen was the currency of Japan is also the third most commonly used by traders, taking a share of 16% of all Forex transactions around the world. Meanwhile, about 21% of the world's Forex transactions occur at this session.

The London Trading Session
While the Asian market participants started to deal with their stuff and the CAP, the European market just started their activity. Although there are several financial centres in Europe, but the views of market participants will be fixed on London.

The New York Trading Session
The U.S. session began at 8:00 am (EST) or 8:00 pm (GMT + 7). As Asian and European sessions, session U.S. trading is one of the world's financial center and is always supervised by the market.

Overlap Between Sessions
Overlap between sessions occur when two sessions are both operating. Many market players conduct transactions in those moments. If this moment, likened as the main broadcast (primetime) on TV. The more "audience" (the perpetrators involved in the session), then it will be higher "rating" (liquidity) show.

Good Day For Trading
From the previous material, we know that the London session was the busiest trading session each day. However, there are als

Every trader should know at any time and a good day for trading, trading and anytime it's better not to do. This can be very helpful in rake in profit and avoid loss, then ingat-ingatlah:

1. Good time for trading:
In the event of an overlap between the two sessions, which led to volatility and high liquidity. If it cannot be given trading session, we could bookmark this page.
Among the four existing London session is a session with most transactions.
Mid week is day to day with the movement of the highest frequency, due to the range of movement tends to widen at the day-this day (Tuesday, Wednesday, Thursday).

2. Less time both for trading:
Sunday, because this is the time we relax and enjoy the holidays.
Friday, due to a sharp slump liquidity leave the sessions United States.
International holidays, because ... Yes, those are also holidays.
The news release have a major impact, because it was too risky. Well ... unless we want a massive loss as well.

USD Correction On the Start Month, Sell Oil

Analysis Of The Trend Of Major Oil
1. the USD continues to fall as it has been predicted in the previous analysis, downtrend long enough happening on USDX downloads so that the seller weekly indicated still controlled the market, however, with the declining trend of running long enough diperkirakana correction will happen, if the correction is happening today then a small reinforcement will occur in USD. that is because in the early months of volalilas that occurs is usually not large enough so that the bearish effects of last month's usually imposes a small reversal this month and further bearish again. the existence of these then prediction USD next is strengthened.

2. Oil is predicted to be slightly weakened along with meguatnya USD so that opportunities sell appeared on oil.



Analysis Of Trend Of Minor Oil
1. The oil continues to rise after a buy dbuka on previous analysis, price bounces diarea 41.93 which is the level that became a take profit on the previous analysis, plus of course SL to users already get the profit. with the rise of predictive USD then the oil could weaken so the sell can be opened on oil with limitations that are already formed.

2. Sell can be opened at the price now with stop loss at the level of 40.90 and take profit at 38.85 which is the nearest strong level below the current price. If the trader does not want to limit the profit with the take profit, then SL plus can be used when traders encountered the opportunity when prices are already pretty far from open positions in profit. Exclusively for users of the martingale which refers to oil journal, Journal of petroleum will use techniques that are more simple and bigger targets, the position of our previous anggab clear and started with a new account because it has been proven to be safe, look only at the journal oil.

3. sell Recommendation at current prices with stop loss at the level of 40.90 and take profit on-hold strategies plus SL, or can be put at 38.85. For users of martingale, a stop loss can be removed and carried out a diversified account as in the journal oil and forex cross. If there is an open signal positions, there comes a time position can be directly opened in the morning without waiting for price menyent uh strong level due to the martingale which do not use limitations as a measure of the level of risk or reward her, but only using the power balance. The rules of use of the lot must be followed to avoid the MC, so if MC happened then the other account is still there.

Analysis of Gold 03 Augustus, Bullish on Corrective Range USD1361

Corrective move gold bullish on USD1361 range and are expected to support USD1361 breaking toward the reversal will then continue to lead to bearish toward breaking support USD1350, however subsequent Gold movements seem to be heavily influenced by the release of u.s. economic data further especially related to NFP release this weekend.

The FED must be careful on the rise in interest rates because of the risk to the growth of the US economy, so NY-FED William Dudley said earlier this week. This led to speculation that a rise in interest rates at the end of the year the program will fade. Oil prices rose in thin early trading on yesterday after U.S. crude oil slumped under USD40 per barrel, but traders said that the market will continue to fuel whose excess production.


Technical Analysis

On the graph below the H4 can be seen one of the chances of a split which could help you taking trading decisions today.