Forex Introducing Broker - All About Forex Brokering Sites

There are endless means of gaining profit through the financial market and becoming a Forex introducing broker is one. I'll share with you a number of great opportunities of being a forex broker.

Forex introducing brokers are individuals or companies that have a number of individuals who have contact with traders in the forex market. Introducing brokers provide access and active trading with some of the worlds top secure online platforms.

Becoming a Forex broker has a lot of advantages. One, Forex brokers earn commission on all revenue generated transactions from your referred client. You also receive a portion of the profit that is guaranteed by the forex broker. Reports are forwarded by brokers that show commission rates, which help you keep track of your business. Second, a Forex broker gives you a potential to attract big investors. You are made known to notable financial service providers, which builds your reputation.

Your customers will surely benefit from the great elements that the Forex market can offer. In fact, it can provide its clients that most active trading market in the world because of its high leverage in providing good Forex exchange. Your clients benefit from the beautiful elements the forex market has to offer. 24 hour trading, high leverage, high liquidity and most active traded market in the world. They can definitely diversify it from there other investments to build their portfolios with other profitable arenas.

So the question now is, what if you do not want to become a broker, but you want to find a reliable broker. Where can you find these people? Many of the forex brokering sites, or even forex trading platfor sites will have brokers available.

What you should look out for is to choose the forex introducing broker which has the highest recommendation. You must remember that its your money that they are investing. They still get commission based on transactions even if you lose. So you must choose one that is of reputation, and not some unknowns.

Best Broker Forex Comparison Where's easyforex? - show me now! Article Source: http://EzineArticles.com/?expert=J._R._Ho

Google Privacy Policy

Last modified: March 11, 2009 (view archived versions)

At Google we recognize that privacy is important. This Privacy Policy applies to all of the products, services and websites offered by Google Inc. or its subsidiaries or affiliated companies except DoubleClick (DoubleClick Privacy Policy) and Postini (Postini Privacy Policy); collectively, Google’s “services.” In addition, where more detailed information is needed to explain our privacy practices, we post supplementary privacy notices to describe how particular services process personal information. These notices can be found in the Google Privacy Center.

Google adheres to the US Safe Harbor Privacy Principles of Notice, Choice, Onward Transfer, Security, Data Integrity, Access and Enforcement, and is registered with the U.S. Department of Commerce’s Safe Harbor Program.

If you have any questions about this Privacy Policy, please feel free to contact us through our website or write to us at

Privacy Matters
c/o Google Inc.
1600 Amphitheatre Parkway
Mountain View, California, 94043
USA

Information we collect and how we use it

We offer a number of services that do not require you to register for an account or provide any personal information to us, such as Google Search. In order to provide our full range of services, we may collect the following types of information:

• Information you provide – When you sign up for a Google Account or other Google service or promotion that requires registration, we ask you for personal information (such as your name, email address and an account password). For certain services, such as our advertising programs, we also request credit card or other payment account information which we maintain in encrypted form on secure servers. We may combine the information you submit under your account with information from other Google services or third parties in order to provide you with a better experience and to improve the quality of our services. For certain services, we may give you the opportunity to opt out of combining such information.
• Cookies – When you visit Google, we send one or more cookies – a small file containing a string of characters – to your computer or other device that uniquely identifies your browser. We use cookies to improve the quality of our service, including for storing user preferences, improving search results and ad selection, and tracking user trends, such as how people search. Google also uses cookies in its advertising services to help advertisers and publishers serve and manage ads across the web. We may set one or more cookies in your browser when you visit a website, including Google sites that use our advertising cookies, and view or click on an ad supported by Google’s advertising services.
• Log information – When you access Google services, our servers automatically record information that your browser sends whenever you visit a website. These server logs may include information such as your web request, Internet Protocol address, browser type, browser language, the date and time of your request and one or more cookies that may uniquely identify your browser.
• User communications – When you send email or other communications to Google, we may retain those communications in order to process your inquiries, respond to your requests and improve our services.
• Affiliated Google Services on other sites – We offer some of our services on or through other web sites. Personal information that you provide to those sites may be sent to Google in order to deliver the service. We process such information under this Privacy Policy. The affiliated sites through which our services are offered may have different privacy practices and we encourage you to read their privacy policies.
• Gadgets – Google may make available third party applications through its services. The information collected by Google when you enable a gadget or other application is processed under this Privacy Policy. Information collected by the application or gadget provider is governed by their privacy policies.
• Location data – Google offers location-enabled services, such as Google Maps for mobile. If you use those services, Google may receive information about your actual location (such as GPS signals sent by a mobile device) or information that can be used to approximate a location (such as a cell ID).
• Links – Google may present links in a format that enables us to keep track of whether these links have been followed. We use this information to improve the quality of our search technology, customized content and advertising. Read more information about links and redirected URLs.
• Other sites – This Privacy Policy applies to Google services only. We do not exercise control over the sites displayed as search results, sites that include Google applications, products or services, or links from within our various services. These other sites may place their own cookies or other files on your computer, collect data or solicit personal information from you.

Google only processes personal information for the purposes described in this Privacy Policy and/or the supplementary privacy notices for specific services. In addition to the above, such purposes include:

• Providing our services, including the display of customized content and advertising;
• Auditing, research and analysis in order to maintain, protect and improve our services;
• Ensuring the technical functioning of our network;
• Protecting the rights or property of Google or our users; and
• Developing new services.

You can find more information about how we process personal information by referring to the supplementary privacy notices for particular services.

Google processes personal information on our servers in the United States of America and in other countries. In some cases, we process personal information on a server outside your own country. We may process personal information to provide our own services. In some cases, we may process personal information on behalf of and according to the instructions of a third party, such as our advertising partners.

Choices for personal information

When you sign up for a particular service that requires registration, we ask you to provide personal information. If we use this information in a manner different than the purpose for which it was collected, then we will ask for your consent prior to such use.

If we propose to use personal information for any purposes other than those described in this Privacy Policy and/or in the specific service privacy notices, we will offer you an effective way to opt out of the use of personal information for those other purposes. We will not collect or use sensitive information for purposes other than those described in this Privacy Policy and/or in the supplementary service privacy notices, unless we have obtained your prior consent.

Most browsers are initially set up to accept cookies, but you can reset your browser to refuse all cookies or to indicate when a cookie is being sent. However, some Google features and services may not function properly if your cookies are disabled.

Google uses the DoubleClick advertising cookie on AdSense partner sites and certain Google services to help advertisers and publishers serve and manage ads across the web. You can view, edit, and manage your ads preferences associated with this cookie by accessing the Ads Preferences Manager. In addition, you may choose to opt out of the DoubleClick cookie at any time by using DoubleClick’s opt-out cookie.

You can decline to submit personal information to any of our services, in which case Google may not be able to provide those services to you.

Information sharing

Google only shares personal information with other companies or individuals outside of Google in the following limited circumstances:

• We have your consent. We require opt-in consent for the sharing of any sensitive personal information.
• We provide such information to our subsidiaries, affiliated companies or other trusted businesses or persons for the purpose of processing personal information on our behalf. We require that these parties agree to process such information based on our instructions and in compliance with this Privacy Policy and any other appropriate confidentiality and security measures.
• We have a good faith belief that access, use, preservation or disclosure of such information is reasonably necessary to (a) satisfy any applicable law, regulation, legal process or enforceable governmental request, (b) enforce applicable Terms of Service, including investigation of potential violations thereof, (c) detect, prevent, or otherwise address fraud, security or technical issues, or (d) protect against harm to the rights, property or safety of Google, its users or the public as required or permitted by law.

If Google becomes involved in a merger, acquisition, or any form of sale of some or all of its assets, we will ensure the confidentiality of any personal information involved in such transactions and provide notice before personal information is transferred and becomes subject to a different privacy policy.

We may share with third parties certain pieces of aggregated, non-personal information, such as the number of users who searched for a particular term, for example, or how many users clicked on a particular advertisement. Such information does not identify you individually.

Please contact us at the address below for any additional questions about the management or use of personal data.

Information security

We take appropriate security measures to protect against unauthorized access to or unauthorized alteration, disclosure or destruction of data. These include internal reviews of our data collection, storage and processing practices and security measures, as well as physical security measures to guard against unauthorized access to systems where we store personal data.

We restrict access to personal information to Google employees, contractors and agents who need to know that information in order to operate, develop or improve our services. These individuals are bound by confidentiality obligations and may be subject to discipline, including termination and criminal prosecution, if they fail to meet these obligations.

Data integrity

Google processes personal information only for the purposes for which it was collected and in accordance with this Privacy Policy or any applicable service-specific privacy notice. We review our data collection, storage and processing practices to ensure that we only collect, store and process the personal information needed to provide or improve our services or as otherwise permitted under this Policy. We take reasonable steps to ensure that the personal information we process is accurate, complete, and current, but we depend on our users to update or correct their personal information whenever necessary.

Accessing and updating personal information

When you use Google services, we make good faith efforts to provide you with access to your personal information and either to correct this data if it is inaccurate or to delete such data at your request if it is not otherwise required to be retained by law or for legitimate business purposes. We ask individual users to identify themselves and the information requested to be accessed, corrected or removed before processing such requests, and we may decline to process requests that are unreasonably repetitive or systematic, require disproportionate technical effort, jeopardize the privacy of others, or would be extremely impractical (for instance, requests concerning information residing on backup tapes), or for which access is not otherwise required. In any case where we provide information access and correction, we perform this service free of charge, except if doing so would require a disproportionate effort. Some of our services have different procedures to access, correct or delete users’ personal information. We provide the details for these procedures in the specific privacy notices or FAQs for these services.

Enforcement

Google regularly reviews its compliance with this Privacy Policy. Please feel free to direct any questions or concerns regarding this Privacy Policy or Google’s treatment of personal information by contacting us through this web site or by writing to us at

Privacy Matters
c/o Google Inc.
1600 Amphitheatre Parkway
Mountain View, California, 94043
USA

When we receive formal written complaints at this address, it is Google’s policy to contact the complaining user regarding his or her concerns. We will cooperate with the appropriate regulatory authorities, including local data protection authorities, to resolve any complaints regarding the transfer of personal data that cannot be resolved between Google and an individual.

Changes to this Privacy Policy

Please note that this Privacy Policy may change from time to time. We will not reduce your rights under this Privacy Policy without your explicit consent, and we expect most such changes will be minor. Regardless, we will post any Privacy Policy changes on this page and, if the changes are significant, we will provide a more prominent notice (including, for certain services, email notification of Privacy Policy changes). Each version of this Privacy Policy will be identified at the top of the page by its effective date, and we will also keep prior versions of this Privacy Policy in an archive for your review.

If you have any additional questions or concerns about this Privacy Policy, please feel free to contact us any time through this web site or at

Privacy Matters
c/o Google Inc.
1600 Amphitheatre Parkway
Mountain View, California, 94043
USA

Doubleclick Privacy Policy

Privacy

Please note that DoubleClick's privacy practices as described below do not apply to the privacy policies or practices of other DoubleClick affiliates

Privacy Policy for Information Use at this Website

www.doubleclick.com
Effective Date 08/14/2008

DoubleClick enables agencies, marketers and publishers to work together successfully and profit from their digital marketing investments. Its focus on innovation, reliability and insight enables clients to improve productivity and results.

Since 1996, DoubleClick has empowered the original thinkers and leaders in the digital advertising industry to deliver on the promise of the rich possibilities of our medium. Today, the company’s DART and Performics divisions power the online advertising marketplace. Tomorrow, we will continue to enable clients to profit from opportunities across all digital advertising channels as consumers worldwide embrace them.

Click here for more information about our products and services.

DoubleClick is a member of the Network Advertising Initiative and has been reviewed for compliance with NAI principles.

DoubleClick is a licensee of the TRUSTe Privacy Program. TRUSTe is an independent, non-profit organization whose mission is to build trust and confidence in the Internet by promoting the use of fair information practices. As a TRUSTe licensee, we have agreed to disclose our information practices at this website and have our privacy practices at this website reviewed for compliance by TRUSTe. By displaying the TRUSTe trustmark, we have agreed to notify you of the following:

• What personally-identifiable information is collected from you through this website.
• Which organization is collecting the information.
• How the information is used.
• With whom the information may be shared.
• What choices are available to you regarding collection, use and possible distribution of the information collected through this website.
• The kind of security procedures in place to protect the loss, misuse or alteration of information from this site that is under DoubleClick's control.
• How you can correct inaccuracies in the information.

If you have questions regarding this statement about how information is collected and used at this website, you should first contact PrivacyDept@doubleclick.com by clicking on the link. If you do not receive acknowledgement of your inquiry or your inquiry has not been satisfactorily addressed, you should then contact TRUSTe by visiting http://www.truste.org/consumers/watchdog_complaint.php. TRUSTe will serve as a liaison with DoubleClick to resolve your concerns.

DoubleClick's main offices are located at:
111 Eighth Avenue
New York, NY 10011

COLLECTION AND USE OF PERSONAL INFORMATION

You may be asked to provide personal information in certain fields on this website. The personal information collected on this site is used for the purpose for which it is requested:

1. Resumes are requested for job applicants and are used to evaluate the candidate. Resumes are not used for any other purpose and are not shared with any entity unrelated to DoubleClick. Resumes for individuals not hired are disposed of when they are either no longer under consideration or are considered outdated (usually no longer than one year).
2. Contact information for potential clients or persons seeking business information is collected in order to contact those persons to provide information about our services. This information may be stored on our servers in the United States. Such information is usually deleted as space requires or in the normal course of business, but can be amended or deleted upon request. To update your information, please contact your account manager or sales representative.
3. Contact information, such as your name, address, telephone number, or email address, submitted by existing customers with questions, concerns, complaints, or technical support questions, is used only to respond to those inquiries. This contact information may be stored on our servers in the United States. Such information is usually deleted as space requires or in the normal course of business. To update your information, please contact your account manager.
4. When you sign up for an email newsletter or alerts about our products and services, DoubleClick will use your email address to deliver the newsletter or alerts requested. To review or delete your information or to opt-out of any newsletter, please go to http://www.doubleclick.com/subscriptions and enter the email address at which the newsletter is received.
5. In order to obtain materials for certain materials directly from our website, you have to register at this site. During the registration process, you may be asked for certain information, which may include your name, your email address, the company for which you work, and your country. This registration information is used to validate users when they visit the site. It is also used to send you additional promotional information about our services. If you were entered in a DoubleClick promotion in connection with your registration, we will also use your name and email address to contact you if you have won a prize in that promotion, and will ask you for the land address at which you would like to receive your prize.

COLLECTION AND USE OF NON-PERSONAL INFORMATION

The doubleclick.com website uses cookies. A “cookie” is a small text file that contains a string of alphanumeric characters. There are two types of cookies that may be used at the doubleclick.com website: a persistent cookie and a session cookie. A persistent cookie gets entered by your Web browser into the “Cookies” folder on your computer and remains in this “Cookies” folder after you close your browser. Persistent cookies may be used by your browser on subsequent visits to the site. A session cookie is held temporarily in your computer’s memory and disappears after you close your browser or shut off your computer. The doubleclick.com website may also use Web beacons (also called “clear GIFs” or “pixel tags”) in conjunction with cookies. Web beacons are small strings of code that are placed in a Web page.

If you have arrived at this website by clicking on a banner ad for one of our products or services, a session cookie may be used. This cookie will contain an identification number for the ad that you clicked on, or will contain an identification number for the site that you were visiting when you clicked on the banner ad. This session cookie helps DoubleClick’s Marketing Department determine which of our ads attract the most visitors. If, after you arrive at our site, you choose to request further information from us about our products and services, the personal information that you provide in that request will be linked to the information in the session cookie. This also helps DoubleClick’s Marketing Department measure the effectiveness of our advertising. This “linking” will not be used to target future advertisements to you or to send you emails about future goods and services. You will receive emails about our products only if you tell us on the product request page that you want us to send them to you. Because this is a session cookie, it will disappear once you have closed your browser. If you return to our site via another one of our ads, you will appear as a new visitor unless and until you provide further personal information.

The doubleclick.com website may use persistent cookies, Web beacons and information collected in our log files (such as Internet Protocol Address, referring URLs, etc.) about your activity at this site to better understand how the website is used, resolve technical problems, and enhance your experience at this site. Information from website analysis cookies or about website usage is not combined with information from any other DoubleClick cookie. We use a third-party email technology to send emails that you have agreed to receive. Web beacons are used in those email messages to measure the effectiveness of our advertising. If you would like to stop receiving DoubleClick email publications to which you have subscribed, please click here.

In addition, DoubleClick may serve ads on this and other websites using our own DART ad-serving technology. In doing so, one of our ad servers will place or read a unique ad-serving cookie on your computer and will use non-personal information about your browser and your activity at this site to serve ads on this and other sites. The ad-serving cookie is a persistent cookie. Please click here for more information about DoubleClick ad serving or to opt-out of the DoubleClick ad-serving cookie.

INFORMATION SHARING OR DISCLOSURE

In the event that we contract with a third party to provide some part of the information or service that you have requested, DoubleClick may provide your information to such third party, or such third party may collect information from you on our behalf. By written agreement, these third parties are required to implement similar security measures and to process your information only as authorized by DoubleClick to fulfill the service(s) that they have been contracted to provide. Other than these entities, who act on our behalf, information you provide at this site will not be transferred to unrelated third parties, unless we have your permission to do so. However, please note that personal information provided to this site may be subject to disclosure pursuant to judicial or other government subpoenas, warrants or orders.

CONFIDENTIALITY AND SECURITY

DoubleClick has implemented reasonable security measures in order to protect both personal and non-personal information from loss, misuse and unauthorized access, disclosure, alteration or destruction. Our employees are made aware of and are accountable for compliance with these procedures.

DoubleClick is a division of Google Inc., which annually certifies itself for the European Union-United States Safe Harbor program. Such certification covers the activities of DoubleClick, and the obligations of the safe harbor program apply to any personal information about European visitors that is stored on our servers in the United States.

CHANGES TO THIS PRIVACY POLICY

We may amend this privacy policy from time to time as we add new products and services, as we improve our current offerings, and as technologies change. If we make any material or substantive changes in our treatment of information collected at this sitewww.doubleclick.com), we will notify you by posting a clear and conspicuous notice of these changes on our website and in this privacy policy. If you would like to be notified by email if and when material changes are made to this policy, please opt in to receiving such email notifications by sending an email from the email address at which you wish to receive the notification to PrivacyDept@doubleclick.com and put “privacy policy change list” in the subject line. If you sign up to receive these notifications, DoubleClick will not use your email address for any purpose other than to send you such notifications unless DoubleClick receives your permission. Any information DoubleClick collects from the delivery of such notification emails will be used solely for the purposes of maintaining the change notification email list and creating aggregate reports. (

CHANGES IN CORPORATE STRUCTURE

If all or part of the company is sold, merged or otherwise transferred to another entity, the information that you have provided at this site may be transferred as part of that transaction. However, DoubleClick will take reasonable steps to assure that such information is used in a manner consistent with the DoubleClick privacy policy under which it was collected.

Adsense Privacy Policy

Privacy Policy for : http://forexprofit2010.blogspot.com/

The privacy of our visitors to : http://forexprofit2010.blogspot.com/ is important to us.

At http://forexprofit2010.blogspot.com/, we recognize that privacy of your personal information is important. Here is information on what types of personal information we receive and collect when you use and visit http://forexprofit2010.blogspot.com/ , and how we safeguard your information. We never sell your personal information to third parties.

Log Files
As with most other websites, we collect and use the data contained in log files. The information in the log files include your IP (internet protocol) address, your ISP (internet service provider, such as AOL or Shaw Cable), the browser you used to visit our site (such as Internet Explorer or Firefox), the time you visited our site and which pages you visited throughout our site.

Cookies and Web Beacons
We do use cookies to store information, such as your personal preferences when you visit our site. This could include only showing you a popup once in your visit, or the ability to login to some of our features, such as forums.

We also use third party advertisements on http://forexprofit2010.blogspot.com/ to support our site. Some of these advertisers may use technology such as cookies and web beacons when they advertise on our site, which will also send these advertisers (such as Google through the Google AdSense program) information including your IP address, your ISP , the browser you used to visit our site, and in some cases, whether you have Flash installed. This is generally used for geotargeting purposes (showing New York real estate ads to someone in New York, for example) or showing certain ads based on specific sites visited (such as showing cooking ads to someone who frequents cooking sites).

You can chose to disable or selectively turn off our cookies or third-party cookies in your browser settings, or by managing preferences in programs such as Norton Internet Security. However, this can affect how you are able to interact with our site as well as other websites. This could include the inability to login to services or programs, such as logging into forums or accounts.

• Google, as a third-party vendor, uses cookies to serve ads on your site.
• Google's use of the DART cookie enables it to serve ads to your users based on their visit to your sites and other sites on the Internet.
• Users may opt out of the use of the DART cookie by visiting the Google ad and content network privacy policy.

Because publisher sites and laws across countries vary, we're unable to suggest specific privacy policy language. However, you may wish to review resources such as the Network Advertising Initiative, or NAI, which suggests the following language for data collection of non-personally identifying information:

We use third-party advertising companies to serve ads when you visit our website. These companies may use information (not including your name, address, email address or telephone number) about your visits to this and other websites in order to provide advertisements about goods and services of interest to you. If you would like more information about this practice and would like to know your options in relation to·not having this information used by these companies, click here.

You can find additional information in Appendix A of the NAI Self-Regulatory principles for publishers (PDF). Please note that the NAI may change this sample language at any time

AdSense Privacy Policy

see also :

Google privacy Policy

Doubleclick Privacy Policy

The Best Forex Trading Software in the World Won't Make You Rich

A lot of traders have this idea that if they purchase the best forex trading software, they will instantly strike it rich. They think that all the intricacies of the market will be cleared up just by using this "magical software". It's not a realistic way to look at trading the forex market.

Trades have to understand that irregardless of the kind of tools that traders use, chances are it won't have any kind of correlation to the kind of success you'll have. It all comes down to the TRADER, not the tools. So even if you think you have the best forex trading software in the world, it means absolutely nothing if you don't know how to trade.

Think of it like this. What would happen if every single thousand dollar, "state of the art", charting platform or trading software just suddenly disappeared? The only thing you would be left with are simple bar charts or candlestick charts. What do you then? The majority of traders would probably freak out, while there are plenty of successful traders who wouldn't even budge over this news.

So realize, while there are people thinking that they have to spend hundreds or thousands of dollars every month on their trading platforms, there are people who are using perfectly free platforms like Metatrader and enjoying a lot of success.

Just think about this, the next time you see an ad for the latest "trendy" forex software that hits the market. Don't be fooled by the flashy packaging.

John Templeton has been a successful forex trader after learning how to trade price action. Once he understood that all he needed to trade forex was on a plain chart with no indicators, his profits soared. You too could do the same with this forex trading system on price action.

Article Source: http://EzineArticles.com/?expert=John_Templeton

Forex Trading - Can You Win? Answer These Questions and Find Out!

Anyone can learn to trade Forex but the fact is that most people who enter trading shouldn't because they approach Forex trading with the wrong attitude and wrong mindset, if you want to win at Forex trading, make sure you answer yes the questions enclosed in this article.

Firstly, while anyone can win at Forex trading as its relatively simple to learn, if you think its a walk in the park and you can make money with no effort, you are going to lose and this brings me to my first point:

Are You Prepared to Take Responsibility for Your Actions and Work?

Sounds obvious that you have to work to get anywhere in life - but most traders who enter Forex trading for the first time ,think they can get rich by making no effort by following a cheap Forex robot! Of course, they soon lose and wonder why. If you want to win, you need to make an effort and while Forex trading is simple to learn, you still need to know the basics and get confidence in what your doing.

Are You Prepared to Leave your Ego Behind?

Most traders want to to be right and hate looking stupid, well if this is you, you wont get on in Forex trading because the market is going to make you look stupid and take your money for long periods and if you get angry, frustrated or think because your clever, you deserve to win your going to lose. Most traders when they lose, simply run losses, take part in revenge trading or quit. To win long term at Forex trading be humble - take your losses keep them small and stay on course until you hit profits again and for this you need discipline.

Are You Prepared to Stay on Course with Discipline?

Most traders will say yes but when they come to trade, they can't do it. Trading with discipline requires a unique mindset to stand alone and live by your own rules, without consulting others . When you trade, it's you V the market and you must execute your trading system with discipline, through losing periods and keep your losses small and when you have profits, you need to have the courage to hold them and not bank early. You can get discipline from a good Forex education but even the best traders can be tempted to steer of course sometimes!
Are You Ready?

If you answered yes, to all the above questions congratulations, you could be on the way to earning a great second or even life changing income, in the world's best business for for making big profits - global Forex trading.

NEW! 2 X FREE ESSENTIAL TRADER PDFS
ESSENTIAL FOREX TRADING COURSE

For free 2 x trading Pdf's, with 50 of pages of essential Forex info and more on the BEST Forex Trading Strategies visit our website at: http://www.learncurrencytradingonline.com.

Article Source: http://EzineArticles.com/?expert=Kelly_Price

Forex Price Movement - Understand How Prices Move For Bigger Forex Profits

How do Forex prices really move? In this article we will look at what drives prices and surprisingly, most people do not understand why they move and join the 95% of losers. Let's take a look at Forex price movement in more detail and how you can use the information to make bigger profits.

Forex prices don't move to the supply and demand facts but to all the traders who trade a currencies view of them. It's the investors view of the fundamentals not the fundamentals themselves which are important, investor sentiment drives prices. You have to judge sentiment if you want to win but how do you do this?

The first major error traders make is thinking that Forex prices can be predicted in advance with mathematics. What they don't understand is that Forex prices, are made by humans and they are not logical or predictable!

Most traders think they are going to beat the market by using a cheap Forex robot which promises them huge gains but all they end up with are losses. Other traders try and build really complicated systems and think because they are clever they will win but as markets don't move to mathematics, these systems have to many elements to break and lose - in Forex trading you need a simple, robust system because you are trading an odds based market.

Prices move to probabilities not certainties and when you trade Forex, you are really just looking for high odds trades; you will lose now and again but if you keep those losses small and run your profits you will do just fine over the long term.

The best way to look for high odds set ups is to use Forex charts and simply follow price action and lock into trends. You will see trends up or down on any Forex chart and the aim of the chartist is to simply follow them; you don't care why prices are moving you just want to make money and by following price action.

On a Forex chart you are seeing the reality of price change without having to weigh up news stories and there impact which as we saw, at the start of this article is impossible.

Because human nature is constant this is reflected in high odds chart patterns you can trade for profit.

To win at Forex trading, you need to focus on having a simple system which cuts losses quickly and runs the big trends when you get into them. Anyone can develop a system that can win and simply following Forex prices on a chart is time efficient. Just accept there is no perfect system and trade it with discipline and you can make a lot of money over the long term.

NEW! 2 X FREE ESSENTIAL TRADER PDFS
ESSENTIAL FOREX TRADING COURSE

For free 2 x trading Pdf's, with 50 of pages of essential Forex info and more on the BEST Forex Trading Strategies visit our website at: http://www.learncurrencytradingonline.com.

Article Source: http://EzineArticles.com/?expert=Samuel_Leslie_Berkovits

Forex Courses Will Put You in the Winning Minority Quickly - How to Choose the Best Ones For Profit

Today more traders are shunning the get rich quick Forex robots which claim they can make money with no effort and buying Forex courses, because they know that to win they must make an effort and the best courses can cut their learning curve and get them on the road to success quickly. Lets take a look at how to choose the best.

The best Forex courses come with 100% money back guarantees and this means you can learn Forex trading with no risk. Never buy a course without a guarantee because you need to know it delivers what it says and you don't know that until you see it!

You will normally get a strategy from experienced traders and the strategy will come with - the logic of the system revealed so you know how and why it works and this information, will give you the confidence to trade it with discipline.

Most of the best Forex courses will demonstrate daily how the strategy works, in live trading conditions. The benefits of this are, you can see how profitable it is and does it live up to the hype and at the same time, practice your skills in a live trading environment, so you can build up your confidence.

Finally, most courses will offer you unlimited support so you can ask questions and queries whenever you wish which as a new trader you are bound to have.

Most courses cost a hundred dollars or so and they teach skills that will last a lifetime, one decent trade will soon pay for the course and in the event your not happy, you get your money back.

Its a known fact that 95% of traders lose money and if you want to enter the winning elite, you need learn skills and have a trading edge and this is exactly what the best Forex courses will give you.

NEW! 2 X FREE ESSENTIAL TRADER PDFS ESSENTIAL FOREX TRADING COURSE For free 2 x trading Pdf's, with 50 of pages of essential Forex info and more on how to Trade Forex Like a Pro and get a RISK FREE Currency Trading Course visit our website Article Source: http://EzineArticles.com/?expert=Kelly_Price

How to Get the Best Rated Forex Robots

Forex robots can and will make you a great deal of money in the forex market without having to devote the time to analyzing market data yourself or needing to know anything as these robots effectively carry out every trading decision and action for you largely by reacting to changes in the market as soon as they happen. Of course, that's assuming you get one of the best rated forex robots out there, as there are a number of knock off programs which fall short of their goals. Here is how to find the best rated forex robots.

The major difference between most of the robots out today is in how they trade. Many of the best rated forex robots these days are those which trade more conservatively. This is because the aggressive ones of the past which promised to make you rich overnight ended up trading much too aggressively and ultimately lost more than they would bring in which isn't good considering the sole purpose of these programs is to bring in automated no effort income.

Conversely, the conservative programs were created in response to the more aggressive programs, and these are designed to only trade in lower risk trends. They only enact a trade when they are sure that they'll make a profit and there is not a chance of a reversal early on. As far as automated trading robots go these days, you can do no better than one of these.

Also, make sure that the program you look or go with offers a full money back guarantee. Some programs don't which you should always be wary of. The better rated forex robots, however, all are backed up with that full guarantee of your satisfaction, so if after testing or using the program for some time and you find that it's not bringing in the money you thought it would you can easily and painlessly get out no questions asked.

Finally, it's always a good idea to visit a site which reviews the best rated forex robots available today. I've compiled a review site where I review every forex robot program which I have ever tested which you can find at http://www.forexautotradingreviewed.com Begin your path to financial independence today once and for all. Article Source: http://EzineArticles.com/?expert=Max_Branner

Forex Trading Techniques - The Importance of Price Action

If you've been a part of the forex trading community long enough, then you probably have heard of an infinite amount of forex trading techniques. But what really astounds me is the fact that you barely ever hear about the oldest technique of them all: price action. It's been around since the first share was traded in the stock market.

You'll hear a million techniques on trading with indicators. You'll hear about every Tom, Dick, and Harry who are trying to create their forex robot, so they don't have to sit in front of their computer anymore, and they can just let a piece of software do the trading for them. But you almost never hear about somebody trading price action.

I suppose that just goes to show the kind of world we are living in right now. Instead of traders trying to understand how to read the market, they would much prefer to let a robot or an indicator tell them when to buy or sell. I suppose that takes the pressure off of them, but I wouldn't exactly call that trading.

If you are going to trade, YOU are the one who is responsible for your trades. This all starts with truly understanding patterns in the market. There are inherent patterns in the market that occur over and over again, that predict it's future movement. You'll be able to tell where there strong support and resistance areas are, where the trend has been, and more importantly where its headed.

John Templeton has been a successful forex trader after learning how to trade price action. Once he understood that all he needed to trade forex was on a plain chart with no indicators, his profits soared.

Article Source: http://EzineArticles.com/?expert=John_Templeton

Forex For Beginners - Dealing With Information Overload

When you are completely brand new to the forex market, things can be both intimidating and exciting at the same time. On one hand, you are really excited about this new venture that you are going to be a part of. You can't wait to get started. On the other hand, you are completely perplexed as to how to get started? There are 100 different ways you can trade the market, and right now you are probably experiencing a severe case of information overload.

First off, I want you to think that "less is more". What I mean by this is, if you are on a forex forum, and you see some guy talking about trading meanwhile he's showing a chart that has 6 or 7 indicators on it, click the "back" button as fast you can. This is not the way trading is supposed to be done.

Don't fall for the shortcut mentality that so many forex beginners fall for. For example, I know you must have heard about forex robots. These are just automated systems that will trade the market automatically for you. I know this sounds great, but you have to be realistic about this. The fact is that 99.9% of these robots do not make money. If trading was that easy, everybody would do it.

If you want to truly learn how to trade forex, then LEARN it. No shortcuts. Sit down, and pull up a chart. Do not put any indicators on it, and start noticing the patterns in the price of the market.

John Templeton has been a successful forex trader after learning how to trade price action. Once he understood that all he needed to trade forex was on a plain chart with no indicators, his profits soared.

Article Source: http://EzineArticles.com/?expert=John_Templeton

What's the Best Forex Indicator? Your Own Eyes

Have you been on a forex forum lately? If you have, then I am sure you probably have seen the endless amount of threads dedicated to the subject of indicators. They'll talk about the new indicators, generic indicators, (moving averages, stochastics,etc..) proprietary indicators, expensive indicators, etc.... They all want to know which is the best one? I have a different question. My question is does anybody talk about trading> anymore?

Think about why all these traders are seemingly infatuated with forex indicators. It's because it does all the work for them. It allows a trader to trade basically on autopilot (for a lack of better word). It allows a trader to just slap on a couple of formulas on a chart (which are lagging by the way) and all of a sudden they don't have to think about the market, because their indicators will tell them exactly when to buy or sell. Oh.....isn't that just fine and dandy.

Let me ask you a question. If the forex market can be traded so mechanically like this, why couldn't a child trade it? After all, the only thing they have to do is wait for their indicators to align.

Real trading requires both discretion and analysis from a trader. The real way to look at a chart isn't when it's filled with indicators, its when it's completely bare. Looking at a simple bar chart will provide all the information you will need from a technical standpoint. All you have to do is open your eyes and pay attention.

John Templeton has been a successful forex trader after learning how to trade price action. Once he understood that all he needed to trade forex was on a plain chart with no indicators, his profits soared.

Article Source: http://EzineArticles.com/?expert=John_Templeton

Forex Trading Strategies - Most Novice Traders Use the 3 Enclosed and Lose Avoiding Them!

The fact is - 95% of Forex traders lose and this is despite the fact, that anyone can learn to win and a major reason traders lose is they pick a strategy which is doomed to failure from the start. Lets look at some common losing Forex strategies, you need to avoid and ones that can put you on the road to Forex trading success.

Before we start, lets make an obvious point and that's Forex markets are driven by human's and human's are creatures of emotion, not of logic. This mean's you should avoid predictive systems which claim they use mathematics, to predict the future. The most common strategy novice traders use which is doomed to failure is the following:

1. Using a cheap Predictive Forex Robot

Traders continually buy, cheap Forex software and believe the hype, that these systems can predict the future and make them a regular income. Of course, the predictions these packages make regarding the direction of Forex prices, end up as accurate as a horoscopes and lose money.

You don't get rich, by paying a hundred dollars or so and making no effort. Despite the fact it's obvious, that making money with no effort is to good to true, traders continue to buy these packages and lose.

2. The Fibonacci Method of trading

Fibonacci was a brilliant thinker but even he, would be bemused by the way his theory is applied to Forex trading.

You are supposed to believe there is some universal law which makes certain retracements valid on a Forex chart. Now, they do work sometimes but pick any number out of a hat and that will work sometimes too! The farout crowd love this theory with its mystical background but if you want to make money, avoid any theory based upon the Fibonacci number sequence.

3. Forex Scalping and Day Trading

The fact is in short periods of time (within a day) all volatility is random and because of this, support and resistance levels cannot be used, because you can't get the odds on your side. If your try and trade off hourly charts or shorter time frames, then your bound to lose sooner, rather than later. There is no point in trading within random volatility but traders still see this method as a low risk way of trading but it's one of the highest risk ways of trading you can do.

So how do you win at Forex trading?

Get a simple Forex trading strategy and forget trying to predict - Forex markets are a market of probabilities not certainties. When you trade Forex focus on simply trading the reality of price change as it occurs and focus on the long term trends which make the biog profits and forget about trading the short term noise, where you can't get the odds on your side.

Sure, you won't win every trade but if you keep your losses small and run your profits, you can make a great second or even life changing income.

NEW! 2 X FREE ESSENTIAL TRADER PDFS
ESSENTIAL FOREX TRADING COURSE

For free 2 x trading Pdf's, with 50 of pages of essential Forex info and more on the BEST Forex Trading Strategies visit our website at: http://www.learncurrencytradingonline.com.

Article Source: http://EzineArticles.com/?expert=Samuel_Leslie_Berkovits

Forex Trading Success - If You Want to Win, Understand the Key Facts in This Article!

If you want to achieve Forex trading success you can, because everything about Forex trading can be learned but despite the fact it's a learned skill and anyone can do it, 95% of traders lose! If you don't want to join the losing majority, make sure you understand the facts in this article.

The first fact which is obvious from the huge amount of people who lose is that Forex trading is not easy! Sure you can learn to trade but it requires working and learning the basics; most traders don't even do this instead, they buy a cheap piece of software and think their going to get rich with no effort, for spending a hundred dollars or so and their surprised when they lose. These systems are so cheap, because they don't work yet, the vast majority of new Forex traders buy them, lose and wonder why.

Despite the fact you can't make money with no effort, learning to trade is straightforward and anyone can do it. You don't need a college education either and you don't need to work hard.

In Forex trading it's a fact that simple strategies work best and anyone, can put together a simple, Forex trading strategy which can make big gains in a couple of weeks or less but this is not enough to win. You need to pay close attention to the next point, if you want to achieve Forex trading success.

Many traders have good systems but they can't follow them with discipline and trading a system with discipline is the key to success - Why?

Because you are going to lose for periods of time and when you do, you need to keep your emotions out of your trading and keep your losses small, so why is this so hard?

Well, we all have egos and we all hate looking stupid but that's what the market does to all traders at times! When this happens, you forget your ego and keep your losses small, until you hit a home run and despite the fact you lose short term you can win long term, if you keep your losses under control and run your profits.

Most traders simply can't do this; as soon as they start to hit losses, they get angry and frustrated and make the fatal errors of - running their losses, trading to much to recoup losses, switching systems or simply quitting.

If you want to win, understand that learning a system is easy, trading it with discipline is the hard part. You can learn to trade with discipline, if you have confidence in your method and accept losses in the short term and keep them small.

If you want to win at Forex trading and enjoy long term success, simply get a simple system and get the right mindset to apply it. If you do this, you can get on the road to a great second or even life changing income - Good luck!

NEW! 2 X FREE ESSENTIAL TRADER PDFS
ESSENTIAL FOREX TRADING COURSE

For free 2 x trading Pdf's, with 50 of pages of essential Forex info and more on the BEST Forex Trading Strategies visit our website at: http://www.learncurrencytradingonline.com.

Article Source: http://EzineArticles.com/?expert=Kelly_Price

Automated Forex Trading Software - Why Forex Robots Destroy Equity Quickly

If you are thinking about trusting your money to one of the huge number of Forex Robots sold online, you need to read this article -Why? Because far from giving investors a regular income for a hundred dollars or so like they claim, the reality for most traders is a quick wipe out of equity, let's look at why.

When you read the sales copy of these cheap software packages, you are supposed to believe that you will make huge gains, with no effort and all for the cost of a good night out at the bar!It looks to good to be true and it is, because these Systems claim big gains with no substantiation of having made any themselves.

If you are buying a Forex trading system that claims big gains, you would expect it to actually produce some evidence, that it had made some money in real time and the numbers would be verified, by an independent third party but none of the robots do this.

You do get simulations, going backwards over past data but its easy to make a profit, when you know exactly where all the highs and lows were but this is NOT the reality of trading! The challenge of Forex trading is trying to work out where prices may go and that is not easy. These simulated back tests, mean nothing in terms of profitability and even a child can make money, knowing the closing prices in advance.

You do get some track records from the person selling the system and they claim their track records are real but don't know about you but I wouldn't want to trust figures, from the person actually selling the system, with no outside check.

Forex trading requires you make some effort to win and this is obvious, from the fact that 95% of traders lose money.

If you could make money with no effort and for spending such a small amount of money as these Forex robots charge, no one would work and we would all be trading!

These systems are sold with clever advertising copy but they don't work and common sense should tell traders this but just like sure fire gambling and horse racing systems, traders still buy them and the result is the same - these people looking to make money with no effort, quickly lose their money.

If you want to make money at Forex trading, do what all successful traders do and that's learn the basics, get confidence and you can win.

Sure, you have to make an effort but that's true in all businesses where the rewards are so high and Forex trading is no different but for the effort you have to make, the rewards can be life changing.

So before you trust your money to an automated Forex trading program, consider what I have said in this article and save your money, learn Forex trading yourself the right way, make an effort and you can enjoy currency trading success.

NEW! 2 X FREE ESSENTIAL TRADER PDFS
ESSENTIAL FOREX TRADING COURSE

For free 2 x trading Pdf's, with 50 of pages of essential Forex info and more on the BEST Forex Trading Strategies visit our website at: http://www.learncurrencytradingonline.com.

Article Source: http://EzineArticles.com/?expert=Sonia_Kristina

Forex Money

What is Forex? And how is money related to Forex? Well, Forex is the trading of particular currency to the need currency of the traders, investors, and others who are related for money trading all over the world. Money is the main principal in Forex, money trade into money how is it?

Forex Market can be traded anytime and anywhere, just as long as there is an access to a computer, the ability to trade into the Forex maket. The most important thing to bear in mind, is before jumping in trading currencies, is it wise to practice with paper money? Or fake money? Brokers demo account where their trading station can be downloaded, and practice real time to trade for real one, hard earned money.

Forex rapidly become known and easy way to help the diversion of investment and investor. How is it? For instance a woman from Philippines purchase online products with Ebay shopping (online shopping), she has to pay the product for $42.00 with her credit card, but he is from Philippines, so her account is based on peso, trading company which are involved within the transactions, have to convert the currency to dollars, so the Ebay Shopping can credit, the $42.00, where in 1usd=45.32 therefore $ 42.00= 1903.44, that's the Philippine amount credited on her account.

Therefore, Forex money, involve all the trading of investors, small traders, importers and exporters, and more related. Forex money is important to deal with different client.

Forex Money Management is one of the most important thing to learn before involved into trading. This will teach you to avoid expensive mistakes that new traders always make resulting to they are losing the entire business of trading.

What is the most important factor to have the Forex money management works on our own?

Psychology

Motivated traders, who are emotionally ready for the circumstances of money trading, getting into this business without self motivation and positive outcome to the business will not come true. Not understanding all the terms and must do and don'ts with this kind of business, will lead into failure, especially in terms of money.

Currency is always traded in pairs- the US dollars to Japanese yen, even the English pound to Euro. Each transaction involve selling on currency and buying another. Currency is money, so money is currency, that Forex works for.

Forex trading is connected with the analyzing of the charts and the fundamental indicators, where to enter and where to exit in a position. Traders manage the risks to give time learning the techniques of money management for them to gain knowledge and give the factors the risk of money management.

Money is the main factor, and general principle, why FOREX exist. Do you think there would be Forex if there is no money to trade in? Forex Money trading are done 24/7 wherein the stock market is a business hours only exchange, changes of time varies in different country trading. Convenient and easy to trade with, right?

Visit Forextradersystem.com and learn what a Forex trading system is and factors to consider when choosing the Forex platforms.

Article Source: http://EzineArticles.com/?expert=Cristian_Stan

Explain for Sonic R System in Forex 2

Forex Strategy

Explain for Sonic R System in Forex 2

This is a trend following trading system. It is based on some indicators and there is a
template ready for you to download.
Indicators
Stealth LCD V10 default setting
QQE MTF
CCI indicator Period 63
34 EMA HIGH/CLOSE/LOW
50SMA
Trading time
1AM – 4 AM EST (UK session)
7AM – 11 AM EST (US session)
Pairs
I have tested: EURUSD, GBPUSD, USDCAD, EURJPY, GBP/JPY.
Timeframe (TF)
5M Timeframe
15M Timeframe (recommended)
Buy signal
When v10 show blue color
When QQE is above 50 line
When CCI period 63 is above 0 line above +75 or above give safer signal
When the price is above 50 SMA.
And price is above the upper white line and the slope points up
Always wait until candle close and then place your order 5-7 pips above last closed
candle.
Stop Loss. I use 50sma as SL. So if price close below the 50 sma I close the trade.
See PIC.1

Sell signal
WHEN lcd v10 show yellow colour.
When QQE is below 50 line
When CCI period 63 is below 0 line -75 or below give safer signal
When the price is below 50 SMA.
And price is below the lowest white line and the slope points down.
Always wait until candle close and then place your order 5-7 pips below last closed
candle.
Stop Loss. I use 50sma as SL. So if price close above the 50 sma I close the trade.
See pic.2 and pic 2A

PIC 2A

My daily routine before I start trading.
First I start to look at the 1our timeframe. Just to get an overview. Start to look from left
and go to right. It will give you a view about what is going on. Is it
uptrend/downtrend/ranging.
See pic. 3

Here you see we have had a huge down move. Then a bit up and then again down. The
last couple of days we see almost ranging. So it give you an Idea that until EURJPY is
ready for a new long-term trend we can expect to go up/down up down. Its ok but it gives
us a clue about what to expect. If you look it seem like the overall bias is still down.
After that overview I go into 15M timeframe and put in some SR line (support-Resistance)
It just to give me some levels where price maybe will turn or respect the lines. We really
don’t know what will happen but for me its nice to see what price has done let’s say
yesterday, because it can give me some levels to look for..
see pic. 3 and 4

Just look at the red lines I put in. It just levels where price found support and resistance.
They are drawn on a 15 min timeframe from Thursday 20 Nov 2008.


See how price have reacted from the lines we draw on 15 mins chart from Thursday. And
now we see how price have reacted on a 5 mins timeframe on Friday,
And remember when a support or Resistance level is broken then it change.
That means if a level have reacted earlier as support and then later get broken. Then next
time price is close to that price or touch it then it will react often as resistance. See chart
above.
Daily goal and money management.
I have a daily goal that I want to make 5% profit every day.
That means I can double my money every 15 day.
Yes you right every 15 day. SO IF IT TAKE 20-25 DAY, TO DUBBLE YOUR MONEY ITS
OK IS´N IT.
And I only risk a max of 2% of my money in any trade I take.
Let’s say you have an account with 1000$ it means you can risk max 20$ on any trade you
open
If you trade 1minilot you can take a risk of 20 pips.
If you think its too small SL then you need to lower your lot size and trade micro lots.
VSA (Volume spread analyzing)
VSA is a theory about how we better can see how the smart money behaves along the
trading day.
If we learn more about reading volume and compare it to the closed candle we time by
time can see what the smart money is doing.
And if we can trade in harmony with the smart money it will give us better chances to trade
in profit.
But it’s a diff. Stuff to explain in short, so below is a link where you can download an
EBOOK about VSA.

explain for Sonic R System in Forex

Forex Strategy

Explain for Sonic R System in Forex

Introduction
Pay attention to the "Angle" of the the slope. The steeper, the better. Avoid
horizontal ranging periods. Follow the trading time period closely.
- Have general trend/bias on mind, To check/determine the general trend, flip the
screen to 15M/1H/D1 TF with same setting and look at the slope.
- Patience, Do not chase the trade. Let it comes to you.
Trading Time
1AM - 4 AM EST (UK session)
7AM - 11 AM EST (US session)
Pairs
Any Pairs (try EUR/USD & GBP/USD or if you choose XXX/JPY pairs, change ur trail
stop and SL to at least 80 pips)
Time Frame
5M TF
15M TF (recommended)
Buy
Look for the candle go above upper white line and wait till the candle ends...and put
the "Buy stop" few pips above the "High" of that candle.
MACD sloping up. (or QQE Sloping Up)
Stoch pointing up.
Sell
Look for the candle go below lower white line and wait till the candle ends...and put
the "Sell stop" few pips below the "Low" of that candle.
MACD sloping down. (or QQE Sloping Down)
Stoch pointing down.
TP
For Long, few pips below the lower white line when the price touches the lines again
or Use Trail Stop (e.g +40 Pips).
For Short, few pips above the upper white line when the price touches the lines again
or Use Trail Stop (e.g +40 Pips).
SL
For Long, few pips below the lower white line or nearest Support or min 40 pips.
For Short, few pips above the upper white line or nearest Resistance or min 40 pips.
Money Management
Start with 1-lot-stage.
After 20 consecutive wins, increase to 2-lots-stage and so on.
Once u have a single loss, reset the counts in the stage you are in.
If there is another loss in the same stage, move back to the one stage lower.
Part 1 End

Forex Strategy : learn How to Trade Both Trend and Range Markets by Single Strategy?

Forex Strategy

learn How to Trade Both Trend and Range Markets by
Single Strategy?

S. A Ghafari
What Happened to Me?
Seven years ago when I was about to finish a long time study on how to understand the real
meanings of economic concepts and in a shiny day when apparently everything did worked
out well , I found myself a leading scientist of economics, someone who will be rich in
couple of months. Seasons passed but nothing really happened with my saving account and I
was fully desperate when I did get into disappointment hole.
One year later I met an old friend of school days, and he told me something that made me feel
like a baby found his mother, a passion of life. Yes, he introduced me the global currency
market.
Just like anyone else in the beginning of a long road, I asked my friend about how to trade?
He has guide me how to take the courses and I did .one more year has passed and I was still
thinking why every time I get into trade using trend based tools, the market turns to a boring
range market, the situation of forcing me to close the trades loosing what I earned from last
couple of trades and much worse when I use overbought/oversold strategies and the market
turns to trend situation. That was my destiny while I've ruined two consecutive accounts like
a peace of cake.
After those failures I decided to not open any trading accounts unless I know how to trade
both moods of the market and to be an approved Emotionally Controlled Trader. Well, what
happened next..? I have a real account now.
Before any specific suggestion, I must do first advice to not to do what I did unless you prove
yourself just like last part of my story. Second advice is to avoid complex trading systems.
Yes I mean customized complicated experts or trading systems, why? Because the only
elements that can take you to gold mine is your understanding of the market behavior and
sticking to what the simple indicators say and more importantly the passed license of
Emotionally Controlled Trader. Don't go far while a simple Moving Average line next to a
simple oscillator like RSI can give you enough signals to make money, but not easily as I say.
Why it is not easy?
The fact is, it is not honestly easy to make money at the end of a year through using this
trading set up or the other ones, because as I said already, it is impossible for a trader to
predict every next action of the market. The reasons behind this saying, would be "no one had
100 % wining trades in such a market" and the other reason that I personally refer to when I
think I'm OK enough in trading is "when I see the huge currency market screen on my laptop, I really see nothing while the real huge market is hidden behind the screen and you don't
actually know what's going to happen next with unexpected Iraqi, Iranian, Chinese or
Mexican gulf storms cases next". So all I am trying to emphasize is not forget to that a real
trader must know as much as he/she can from all market movers first and always has an eye
on possibilities that could easily turn to a nightmare. Those possibilities often come up with a
300 pips bar or a scary gap just against your technically approved trade.
HOW?
Well, whether you have a magic expert indicator or not, with no doubt you must combine at
least two different ways or indicators to produce a signal which is reliable for both trendy and
range market situations. Briefly I show you how and which ones I prefer to use.
Draw:
- 3 Moving Averages of 13, 21 and 55 EMA in green, blue and red.
- (8, 21,8 ) MACD.
- Relative Strength Index (RSI) of 21 period with a line of 50.
@Go LONG when a new candle opens over triple MAs + MACD make second bar above
zero line + Value line of RSI moves above RSI Trend Line.
# EXIT when the value line of RSI breaches the given Trend Line downward.
@Go SHORT when a new candle opens below triple MAs + MACD make second bar below
zero line + Value line of RSI moves below RSI Trend Line.
# EXIT when the value line of RSI breaches the given Trend Line upward.
How to Draw the RSI trend line?
you simply have to connect at least two turn points of RSI value line which can interpret into
drawing a line which connect the last value line top (the last value line Top is the one that
formed much closer to your current signal than the others and match better to correction on
the price chart) to next line top with is normally lower than the first top in a Short trade and
higher than the first top in a Long trade.
The Top of RSI value line is the hump that formed because of a correction (Fibo ratios for
correctional pullbacks), so try to filter the useless RSI Tops with the real chart formation as
you may get it wrong when a hump has formed on the RSI while there is no correction on the
price chart.
Also, if you realized that you actually took the wrong Top for the trade and you already
entered the market, please and for god sake, exit the trade and open another one on the true direction of the market (As I said always there will be some wrong trades. So assume it as a
lesson and exit immediately and run with the trend).

Key Notes:
- In fast moving market situations (when the signal confirm after one or two long
candles) wait till the price bounce back to correctional level of % 23 Fibo and then
enter the trade.
- Most reliable signal confirms when the RSI running Above / Below 50 line when you
go for a Long / Short.
- A break of RSI Trend Line confirms when the second candle opens on the suggested
direction.
- Don't ever take the trade unless the second bar opens Above / Below MACD zero
line for a Long / Short trade while the MACD signal line will just give you an in
advance alert to be ready for the trade.
- Once again, the cross over of MACD Value and the Signal Line will warn of a
potential trade but don't ever take it unless you have your own reasonable reasons to
do that.
- If you get out of a Buy trade upon an Exit signal, you can go for an immediate SHORT
trade with a 50 point Target (Take Profit) and if the trade hit 50 point target while another
SELL signal confirms, just follow the signal and go for the second SHORT. And vice
versa, if you get out of a SHORT trade.
- Don't ever take second trade of LONG / SHORT in line with the first trade order
type unless a FRESH signal of aforementioned conditions confirm to trade.
- Don't ever risk more than % 5 of your account balance unless you have your
reasonable money management rules that suite you.
- Avoid the side markets by observing a narrowed Bollinger Bands or flat RSI line.
- Place the Stop Loss 10 pips Above / Below of Bearish / Bullish Parabolic SAR first
appeared dot or 10 pips Above / Below the current Resistance (R2) / (S2) Support
levels.
- Most of the false signals come when you trade against the major trend of the market.
To know how to define the major trend use bigger time frame like daily or even
weekly chart and apply the same setup on that chart to know what is probably the
right direction of the market. Sometimes when the price touch the 55 EMA line react
as a support or resistance level and at the same time you may have a trading signal
against this fact. In this case you are probably against the major trend.( Pic.3)
- Exit the trade as soon as you see the clear signals (Don't be too optimistic when the
market tell you another story. Exit the trade if you want to win)
- Don't hesitate to apply what the system show you while an over guess trader normally lose
money.

Be relax, don't risk too much and stick to the plan. Also I don't want to leave you alone to
process everything by yourself

Open Demo Account In Forex and Start

Open Demo Account In Forex and Start

Hi Every Body
Look at this picture about Forex Demo Account and learn

here you can found course and get your earn

we offer free services at this blog to teach you